Manesh Samtani
Manesh manages the news desk and serves as an editor at Regulation Asia. He covers regulatory changes across Asia Pacific that impact banking, capital markets, asset management, and financial services more generally. Manesh is a former trader and investment consultant with a degree in Finance and Banking. [email protected]
Articles by Manesh Samtani
Market Infrastructure
ISDA Chief Urges Early Preparation for ‘Enormous Challenges’ of 2020
27/09/2018
The industry will need to start preparing quickly to meet the challenges facing the derivatives market, which will reach a critical point in 2020, says ISDA CEO Scott O’Malia.
Securities / Derivatives
FTSE Russell Index to Include China, MSCI Considers Increased Weighting
27/09/2018
FTSE Russell to include China A-shares in global and emerging market benchmarks in three tranches; MSCI consults on increasing China weighting over two years.
Securities / Derivatives
US SEC Cautions Against Governance Risks from Dual Class Shares – Report
26/09/2018
SEC commissioner Robert Jackson Jr reportedly urged Singapore and Hong Kong to maintain close oversight over companies with dual class share structures to mitigate against corporate governance risks.
Enforcement
ASIC Report Reveals ‘Unacceptable Delays’ by FIs in Handling Breaches
26/09/2018
Institutions take over 4 years to identify breaches, over 2 months to start an investigation into identified breaches, and 2.5 months to lodge breach reports with ASIC.
Fintech / Regtech
APRA Updates Guidance on Cloud Computing Use by Regulated Entities
25/09/2018
Information paper acknowledges improvements in the ability of regulated entities to manage cloud computing risks, while also detailing observed weaknesses and areas of concern.
Enforcement
MAS Publishes Monograph Detailing Enforcement Approach
25/09/2018
Monograph outlines how MAS manages enforcement work in three areas: detection, investigations and in taking enforcement action.
Fintech / Regtech
S. Korea Eyes Two More Internet-Only Banks in 2019
24/09/2018
The FSC said it plans to approve two more Internet-only banks next year, a day after a bill passes allowing non-financial firms to boost their ownership stakes in such banks.
Crypto / Digital Assets
Japan FSA Probes $60mn Hack at Crypto Exchange
24/09/2018
About two-thirds of the stolen cryptocurrency belonged to customers of the exchange platform Zaif, which will receive a cash infusion from Fisco Digital Asset Group to help repay them.
Fintech / Regtech
South Korea Designates Fintechs as Agents for Financial Institutions
21/09/2018
Nine designated fintech firms will be allowed to provide services to customers for up to two years, testing their services as agents of partnering financial institutions.
Market Infrastructure
SGX Shareholders Voice Concerns Over Regulatory Powers
21/09/2018
Despite robust profits and extensive expansion plans announced at its AGM, SGX was criticised for not doing enough to protect minority shareholders.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team