Manesh Samtani
Manesh Samtani is Editor at Regulation Asia, where he leads the editorial and research teams from Hong Kong. His work examines how regulatory change and technology are reshaping banking and financial markets, with a particular focus on digital assets, financial crime and sanctions. Manesh is a former securities industry practitioner and holds a bachelor's degree in finance and banking. [email protected]
Articles by Manesh Samtani
Climate Risk
US Finalises Climate Risk Framework for Large Banks
25/10/2023
The framework comprises a set of principles that are substantively similar to those proposed in December 2022.
Trading & Investment
SFC Takes Issue With Practices of Fund Distributors
24/10/2023
The SFC calls out distributor practices such as offering guaranteed returns, imposing lock-up periods, and lowering dealing frequency.
Anti-Money Laundering
FATF Removes Switzerland from Enhanced Follow-Up
24/10/2023
The FATF upgraded Switzerland’s ratings on two recommendations in response to law reforms that took effect at the beginning of 2023.
Anti-Money Laundering
FATF Upgrades Japan Ratings on Five Recommendations
24/10/2023
Japan was re-rated from partially compliant to largely compliant on four recommendations and from non compliant to partially compliant on one recommendation.
Credit Risk
New Paper Sheds Light on CCP Credit Risk Management Practices
23/10/2023
The paper from CCP Global provides information on how CCPs conduct ongoing credit monitoring to make informed risk assessments and safeguard market integrity.
Cryptocurrency
SFC, HKMA Issue New Joint Circular on Virtual Assets
22/10/2023
The circular supersedes a similar circular from January 2022, setting out additional requirements for intermediaries providing virtual asset services to retail investors.
Fraud, Scams & Cybercrime
NYAG Sues Crypto Firms Gemini, Genesis, DCG for Fraud
20/10/2023
“Gemini hid the risks of investing with Genesis, and Genesis lied to the public about its losses,” said AG Letitia James. The lawsuit says 230,000 investors lost more than $1bn.
Fraud, Scams & Cybercrime
ICAC Arrests Three in Joint Operation with SFC, AFRC
20/10/2023
The case involves suspicions of corporate fraud, corruption, and a conspiracy between a ramp-and-dump syndicate and two listed companies.
Cryptocurrency
ESMA Calls on NCAs, Crypto Firms to Start Preparing for MiCA
20/10/2023
ESMA is concerned that MiCA’s optional grand-fathering period might allow some crypto firms to continue operating without a full licence all the way until July 2026.
Anti-Money Laundering
KoFIU Calls on Financial Industry to Bolster AML Efforts
20/10/2023
AML evaluations identified independent audit, customer verification, and manpower shortages as areas for improvement. More attention is also needed on virtual assets.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.