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
Market Infrastructure
China Steps Up Crackdown on Violations of Anti-monopoly Law
24/11/2021
China Citic Bank and a Baidu unit are among the latest to be fined. The SAMR’s anti-monopoly bureau has been elevated to a separate state-level bureau.
HKMA Publishes Interim Report on Front Office Incentives Review
24/11/2021
Frontline staff with more positive perceptions of customer and conduct outcomes had incentives that emphasised both financial and non-financial factors.
Market Infrastructure
Japan Unveils Decisions on Treatment of Legacy LIBOR Contracts
23/11/2021
Synthetic JPY LIBOR may be used if the contracting parties agree to do so, as well as in “exceptional cases” where it is difficult to proceed with negotiations.
Market Infrastructure
FSB Calls for Urgent Action Complete LIBOR Transition Steps
23/11/2021
The FSB says transition should be “primarily to overnight RFRs” and that it is closely watching market developments regarding credit-sensitive rates.
HKMA Restricts Data Sharing for Direct Marketing Purposes
22/11/2021
Banks may not share customers’ personal data with third parties including their own group companies for direct marketing purposes.
Fintech / Regtech
Japan FSA Publishes Principles for Model Risk Management
22/11/2021
The FSA published the principles to catalyse further development of model risk management practices in the industry and prevent risk.
HKMA Concludes First Phase of Front Office Incentives Review
22/11/2021
Preliminary observations from the review show that banks are increasingly considering both financial and non-financial factors when designing incentive systems.
Fintech / Regtech
OCBC ‘Actively Exploring’ Partnerships to Enter Crypto Space
21/11/2021
OCBC’s Aditya Gupta says digital assets will be mainstreamed into the financial ecosystem “before we know it”, creating new growth opportunities and revenue streams for banks.
Market Infrastructure
HKEX Finalises Changes to Listing Regime for Overseas Issuers
21/11/2021
From 1 January 2022, overseas issuers without WVR structures will have lower minimum market cap requirements to secondary list in Hong Kong.
Securities / Derivatives
Bursa Malaysia Announces New Initiative to Accelerate ESG Adoption
18/11/2021
The initiative, known as #financing4ESG, will promote sustainable finance in Malaysia and accelerate ESG adoption among listed companies.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.