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
HKMA Raises Concerns Over Outside Mandates of Bank Directors
16/12/2021
Banks have to report all outside mandates held by each director and chief executive, and address any conflicts of interest and time commitment issues.
Market Infrastructure
Shanghai Bourse Set to Launch New Bond Trading System
15/12/2021
The new system – to be launched on Monday – adds a night trading session, uses RTGS settlement, and allows multilateral netting, the SSE says.
Securities / Derivatives
SGX Unveils Roadmap for Mandatory TCFD-aligned Disclosures
15/12/2021
Mandatory climate reporting will be required by listed FIs from financial year 2023. Board diversity policies have to be disclosed in annual reports.
Capital / Liquidity
CBIRC to Scrap Foreign Ownership Cap for Insurance AMCs
14/12/2021
Foreign investors will be able to increase their stakes in insurance asset management companies to 100 percent and assume control.
Securities / Derivatives
SFC Sets Out Rules for Quarantine-free Travel to Mainland
14/12/2021
Staff or directors of licensed corporations whose main purpose of travel is for the management of the firm’s Mainland business are eligible.
Fintech / Regtech
Bursa Malaysia Concludes Dematerialised Structured Warrants PoC
14/12/2021
The PoC demonstrated that smart contracts can help to enable parties to share standardised and automated business processes and enable increased workflow efficiency.
Securities / Derivatives
US Sanctions Force Chinese AI Firm to Postpone HK IPO
13/12/2021
The US Treasury placed Chinese AI firm SenseTime on an investment blacklist just as the company was preparing to list in Hong Kong.
Capital / Liquidity
RBI Loosens Rules on Bank Management of Overseas Units
13/12/2021
The RBI will also introduce new rules for how banks classify and value their investment portfolios, and how payment systems charge their customers.
Fintech / Regtech
RBA, CBA, NAB Conclude Project Exploring Wholesale CBDC
13/12/2021
The model used in the PoC preserves the current role of banks in the financial system and allows non-bank wholesale market participants to access the CBDC.
Fintech / Regtech
BIS Paper Says Suptech Tools Could Diminish Supervisory Judgment
12/12/2021
The increasing use of suptech tools may diminish supervisory judgment, which could lead to “supervisory blind spots” and a “broader loss of institutional knowledge”.
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