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
Securities / Derivatives
CSRC Sets Transition Period for Corporate Governance Overhaul
14/01/2025
The changes mandate the establishment of audit committees within company boards to replace the traditional board of supervisors
Sanctions
OFAC, OFSI Publish MOU on Sanctions Cooperation
14/01/2025
The MOU aims to foster greater alignment in sanctions enforcement by facilitating secure and collaborative information sharing.
AML / KYC
Hong Kong Works to Rescue Citizens from Scam Compounds
14/01/2025
HK task force visited Thailand seeking assistance to secure the return of 12 individuals believed to be detained in scam compounds
Enforcement
US Grand Jury Indicts Three Russians Who Operated Crypto Mixers
14/01/2025
The defendants operated Blender.io and Sinbad.io, which were used to launder funds stolen from victims of ransomware, virtual currency thefts, and other crimes.
RBI Standardises Framework for Reporting Credit Information
14/01/2025
Lenders must update credit bureau records every 15 days rather than monthly to ensure borrowers’ financial activities are reflected in credit scores more quickly
Enforcement
China to Expand Anti-corruption Crackdown to More Sectors
14/01/2025
The CCDI will also draft a law to tackle cross-border corruption and strengthen supervision of the spouses and children of officials
Big Picture
BIS Paper Examines Impact of Credit Reporting Rules on BNPL
12/01/2025
The paper finds that credit reporting requirements imposed on Ant Group’s Huabei since 2021 reduced overborrowing risks and improved borrower discipline.
ESG / Sustainability
Six Biggest US Banks All Quit Net Zero Banking Alliance
12/01/2025
Only three US banks remain in NZBA, which is now restructuring. BlackRock separately said it will leave the Net Zero Asset Managers initiative.
AML / KYC
Japan to Enhance Information Sharing on Illegally Used Bank Accounts
10/01/2025
Mizuho, MUFG Bank, SMBC, Resona Bank, Joyo Bank, and Bank of Nagoya are participating in a JBA-led study group to develop a new information-sharing framework
AML / KYC
Rescue of Chinese Actor Turns Spotlight to Myanmar Scam Compounds
10/01/2025
The actor was lured to Thailand by a promise of a job casting before being taken to Myanmar and put to work in a scam compound
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team