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. [email protected]
Articles by Manesh Samtani
AML / KYC
ABS Launches New Registry to Counter Trade Finance Fraud
25/06/2023
Participating banks can register new trade financing transactions and receive real-time notifications if instances of duplication are detected.
Sanctions
EU Ambassadors Agree On 11th Russia Sanctions Package
23/06/2023
The package includes a new mechanism that will allow the EU to target third countries that are helping Russia to circumvent existing sanctions.
AML / KYC
Hong Kong Launches AML Information Sharing Platform for Banks
21/06/2023
The five banks participating in the pilot phase are BOCHK, Standard Chartered, HSBC, Hang Seng Bank, and ICBC Asia.
NSE, SGX Set for Full Launch of Trading Link on 3 July
21/06/2023
NSE’s GIFT City unit unveiled a new corporate brand identity in preparation for the full-scale launch of its trading link with SGX.
Capital / Liquidity
FSC Korea Set to Start Normalising Bank Liquidity Requirements
20/06/2023
Banks will have to maintain 95% LCR between July and December, up from 92.5%. Requirements for 2024 will be decided by year-end.
Sanctions
US, UK Prepare to Use Frozen Russian Assets to Help Ukraine
19/06/2023
New US law would allow frozen Russian assets to be confiscated and used to finance Ukraine’s reconstruction.
Big Picture
Richmond Fed Offers Insights on the Use of AI in Banking
19/06/2023
Bank supervisors express optimism regarding banks’ ability to leverage AI-based models in credit evaluation, despite the challenges.
AML / KYC
US Court Orders Binance to Isolate US Business from Global Operations
19/06/2023
The SEC said the “emergency relief” helps ensure that Binance.US customers are protected and their assets remain in the US.
Market Infrastructure
HKEX Launches HKD-RMB Dual Counter Model
19/06/2023
24 Hong Kong-listed companies have started offering both HKD and RMB trading counters.
AML / KYC
US Judge Splits Bankman-Fried Charges into Two Separate Trials
16/06/2023
Extradition from the Bahamas was agreed to based on only eight charges, not the full 13 charges Sam Bankman-Fried now faces.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.