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
Enforcement
RBI Under Fire for Failure to Detect $1.8bn Loan Fraud
21/02/2018
Central bank audits failed to detect loan fraud using Punjab National Bank guarantees for over seven years; overseas branches which granted loans also under scrutiny.
Market Infrastructure
SGX to Develop New India Derivative Products
20/02/2018
New products will allow SGX participants to maintain exposure to India’s capital markets, following the decision to stop issuing market data licenses to overseas exchanges.
Crypto / Digital Assets
Japan FSA to Empower Self Regulatory Body for Cryptocurrency
19/02/2018
Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.
Market Infrastructure
India Eases Market Access for Foreign Institutions
17/02/2018
Private banks, merchant banks can invest on behalf of FPI clients; pre-approval requirement for switching local custodian effectively scrapped.
Securities / Derivatives
IOSCO Calls for Clampdown on OTC Leveraged Products
16/02/2018
New report urges enhanced risk disclosures, leverage limits and curbs on mis-selling; cites studies showing most investors in OTC leveraged products lose money.
Crypto / Digital Assets
S. Korea Explores NY-style ‘Bitlicense’ for Cryptocurrency
14/02/2018
The plan could include minimum capital and financial reporting requirements to qualify for a cryptocurrency exchange license.
Crypto / Digital Assets
Thailand Banks Banned from Cryptocurrency Activities
14/02/2018
Banks prohibited from trading, advising on, and creating platforms for cryptocurrency.
Fintech / Regtech
Australia Launches Real Time Payments Platform
14/02/2018
New Payments Platform enables instant transfers between accounts at different financial institutions, at “any time of day, any day of the year.”
AML / KYC
Australia Details Regulatory Framework for Open Banking
13/02/2018
The government has unveiled its final report on its review on open banking, detailing 50 recommendations on implementing the new data-sharing regime.
Crypto / Digital Assets
Australia Won’t Follow US, UK Credit Card Bans for Crypto
09/02/2018
ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.