Manesh Samtani
Manesh Samtani is the Editor at Regulation Asia, where he leads the regional news desk from Hong Kong, directing coverage of critical regulatory developments impacting financial services across APAC. Manesh specialises in analysing how new rules and technologies are reshaping banking, capital markets, and the fight against financial crime, providing finance professionals, compliance leaders, and policymakers with the intelligence they need to navigate risk and understand the impact of regulatory change in the region. manesh@regulationasia.com
Articles by Manesh Samtani
AML / KYC
GCFFC Offers Guidance on Using AI to Fight Financial Crime
15/03/2024
The guidance describes how FIs are using AI to fight financial crime and identifies opportunities to improve AML/CFT effectiveness.
AML / KYC
UK to Allow Banks to Pause Payments if Fraud is Suspected
14/03/2024
Proposed legislation will allow banks to pause payments for up to 72 hours while they contact customers and relevant third parties like the police.
Singapore: First Batch of Changes to Business Trusts Act Take Effect
14/03/2024
Phase 1 implementation introduces requirements for CEOs of business trusts to disclose their interests in transactions, among other provisions.
Big Picture
Regulation Seen as Key Challenge to Derivatives Industry in 2024
13/03/2024
New FIA and Coalition Greenwich research identifies capital requirements as the single greatest issue facing derivatives market participants.
Crypto / Digital Assets
Coinbase Launches Legal Challenge Against US SEC
13/03/2024
Coinbase argues that the SEC acted arbitrarily and capriciously when it summarily denied a petition seeking tailored rules for the crypto industry.
AML / KYC
Wolfsberg Group Issues Updated Statement on Terrorism Financing
13/03/2024
The statement has been updated from the 2002 version to reflect changes in terrorism, CTF measures, and the evolving nature of public-private cooperation.
Market Infrastructure
China: NAFMII Issues Guidelines for Interbank Bond Rating Agencies
13/03/2024
The guidelines strengthen requirements for rating agencies to guard against conflicts of interest, improve their rating models, and enhance rating quality and accuracy.
ESG / Sustainability
Australia Publishes First National Climate Risk Assessment
12/03/2024
The priority risks identified are now undergoing a second, more detailed technical assessment, scheduled for completion by end 2024.
Enforcement
FSS Korea Concludes Probe Into Mis-sold HSCEI-Linked Products
12/03/2024
Investors have lost almost $1bn, with another $3.5bn expected. The FSS issued a compensation guideline for financial firms that mis-sold the risky ELS products.
Capital / Liquidity
Chinese Regulators Ask Banks to Support Troubled China Vanke
12/03/2024
Vanke has been one of the few remaining Chinese property developers rated investment-grade by international rating agencies, until now.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team