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
Crypto / Digital Assets
Thailand Finalises Cryptocurrency Tax Framework
30/03/2018
Cryptocurrency trades to be subject to 7 percent value added tax and 15 percent capital gains tax; fintech association chair says move may drive startups overseas.
Enforcement
Royal Commission Exposes Multiple Lending Practice Failures at Big Four
29/03/2018
Public inquiry’s first round of hearings reveals multiple failures at ‘big four’ banks to lend in customers’ best interests.
Fintech / Regtech
BOJ-ECB Study Identifies DLT Applications for Securities Settlement
29/03/2018
Project Stella phase two study suggests distributed ledger technology offers novel approach for cash settlement of securities, but requires further study.
Securities / Derivatives
China Launches Crude Oil Futures
27/03/2018
Foreign investors allowed to participate in China’s futures market for the first time; foreign currencies to be used for margin deposits to facilitate foreign participation.
AML / KYC
S.Korea to Inspect Banks’ Crypto Dealings for AML Compliance
26/03/2018
FSS and KoFIU will check on implementation progress of AML guidelines; examine corporate accounts belonging to crypto exchanges.
Fintech / Regtech
Australia, UK to Enable Cross Market Sandbox Participation
25/03/2018
Under the enhance cooperation agreement, the FCA and ASIC will speed up cross-market authorisations and testing for innovative businesses.
Capital / Liquidity
Basel Committee Revises Capital Rules Under FRTB
25/03/2018
Proposals include enhanced risk sensitivity and reduced risk weights for standardised approach; eased assessment process for internal models.
Fintech / Regtech
Thailand Banks on Blockchain
22/03/2018
Central bank plans adoption of blockchain for interbank settlements, bond issuance; leading banks launch joint initiative on blockchain based letters of credit.
Fintech / Regtech
S.Korea Moves to Support Fintech Through Sandbox Approach
22/03/2018
FSC to exempt approved fintechs from regulations, encourage the use of such new technologies including blockchain.
Market Infrastructure
Systemically Damaging Cyber-attack Inevitable – DTCC
21/03/2018
White paper calls for industry collaboration to develop common response and recovery standards and contingencies to mitigate impending attack.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team