Regulatory Ramblings

<p>Welcome to Regulatory Ramblings, a podcast from the HKU FinTech team at The University of Hong Kong on the intersection of all things pertaining to finance, technology, law and regulation. Hosted by The Reg/Tech Lab, HKU-Standard Chartered FinTech Academy, Asia Global Institute and the HKU-edX Professional Certificate in FinTech, with support from the HKU Faculty of Law. Join us as we hear from luminaries across multiple fields and professions as they share their candid thoughts in a stress-free environment - rather than the soundbites one typically hears from the mainstream press.</p>

Ep 78 - How Well Does AML Work? | Spotlight on Rethinking AI Regulation

Episode 78 with Oonagh van den Berg, Prof. Peter Reuter, and Dr. Mirko Nazzari 🎧 In this episode, returning guest and compliance expert Oonagh van den Berg discusses why current AI regulation approaches fall short, based on her LinkedIn article, “Rethinking AI Regulation: Why Current Approaches Are Falling Short.” She highlights the limitations of fragmented national laws, the need for a global AI rulebook, and the role of public education in shifting from blind trust to informed verifi...

09-17
01:22:16

Ep 77 - Banks Without Borders: Re-Linking De-Risking, Open Rails | Legal & Compliance Hiring Trends

Episode 77 with Lotte Schou Zibell, Ian Morrison, and Raoul Montgomery 🎧 In this episode, veteran international expert on financial sector development & digital transformation Lotte Schou-Zibell unpacks why correspondent banking links have thinned in smaller markets - and why the fix isn’t “more rules” but smarter, cheaper, more consistent compliance built on shared digital public infrastructure: foundational ID, tiered KYC, interoperable payment rails, straight-through reporting, and uti...

09-03
01:07:45

Ep 76 - The US GENIUS Act + HK Stablecoin Ordinance | HK Web3 Blueprint

Episode 76 with Joshua Chu, Syed Musheer Ahmed and Sean Lee 🎧 The common theme for this episode is FinTech and Web3 writ large – with an eye towards digital assets and virtual currency. In Spotlight segment, we’ll be speaking with a returning guest and a dear friend of the program – Syed Musheer Ahmed of Hong Kong-based FinStep Asia on the recently disseminated the “Hong Kong Web3 Blueprint: Building a Web 3 International Financial Hub” report. Joining Musheer is Sean Lee, co-lead of We...

08-20
01:05:40

Ep 75 - Rethinking Hong Kong’s Startup Ecosystem and Its Legal Foundations

Episode 75 with David Cameron, Syed Musheer Ahmed and Joshua Chu 🎧 This episode of Regulatory Ramblings takes a deep dive into the current state of Hong Kong’s startup environment - exploring how conducive the city’s legal, commercial, and policy infrastructure is for startups to not only launch, but also to scale. We begin with a spotlight conversation featuring David Cameron, a veteran American lawyer and founder of the Hong Kong-based firm DCLO. Drawing on over 16 years of experience...

08-06
01:03:24

Ep 74 - Global Women in AI / Corporate Director Liability: Discretionary, Not Fiduciary

Episode #74 with Tram Anh Nguyen and Professor Marc I. Steinberg 🎧 In this episode, we feature two conversations exploring different frontiers of finance and technology. In our opening spotlight, we welcome back Marc Steinberg, professor at Southern Methodist University’s Dedman School of Law and a leading voice in securities and corporate law. His latest book, Corporate Director and Officer Liability: Discretionary, Not Fiduciary (Oxford University Press), challenges the long-standing view t...

07-23
01:06:24

Ep 73 - Geopolitical Risk: Thailand Tensions, Sanctions & Smart Compliance in a Shifting Asia

Episode #73 with Christopher Cottrell, Richard Butler and Haider Mannan 🎧 This episode of Regulatory Ramblings explores how shifting geopolitics is reshaping regulation, investment, and compliance across Asia. In the first segment, veteran Indo-Pacific journalist Christopher Cottrell joins us from Thailand to discuss rising political tensions following the July 1 suspension of Prime Minister Paetongtarn Shinawatra. Cottrell reflects on the country’s fragile democratic institutions, the ...

07-09
58:07

Ep 72 - Cultural Roots, Belonging, and the Fear of Change: What’s Next for Inclusion?

Ep #72 with Ritu Bhasin and Jeiz Robles 🎧 At a time when DEI (Diversity, Equity, and Inclusion) efforts are being challenged in parts of the world, our guests in this episode make a compelling case for why inclusion still matters - and how it must adapt to remain relevant. Through two rich, regionally grounded conversations, this episode explores how DEI is not just a moral imperative, but also a strategic investment in building workplaces - and societies - where people can truly thrive...

06-25
01:02:11

Ep 71 - Sanctions, Fragmented Global Trade, Crypto Fault Lines, and the Fight for Regulatory Clarity

Episode #71 with Joshua Chu, Melizza Anievas, and Lucas Har 🎧 In this episode, we explore the intersecting challenges of financial regulation, geopolitics, and the evolving crypto landscape. The initial Spotlight segment features Lucas Har (Risk & Compliance Product Manager, Dow Jones), joining us from Singapore to discuss the shifting dynamics of trade compliance, export controls, and sanctions—especially amid escalating US-China tensions. Lucas outlines how fragmented global trade ...

06-11
01:05:28

Ep 70 - Security, Strategy, and Compliance: A View from Two Veterans

Episode #70 with Mark Nuttal and Steve Vickers 🎧 In this episode of Regulatory Ramblings, two distinguished guests offer rare, experience-based insights into the global forces shaping today’s regulatory, security, and compliance environments. The first segment features Steve Vickers, former head of the Criminal Intelligence Bureau of what was then the Royal Hong Kong Police Force and now CEO of Steve Vickers & Associates. He delivers a stark assessment of the geopolitical risks acr...

05-28
01:08:03

Ep 69 - Human Intelligence vs. Machine Judgment

Episode #69 with Nigel Morris-Cotterill and Patrick Dransfield 🎧 In this two-part episode of Regulatory Ramblings, host Ajay Shamdasani is joined by two seasoned professionals who examine artificial intelligence from very different, yet deeply complementary angles: cultural, philosophical, and ethical on one hand; legal, compliance, and technical on the other. The result is a wide-ranging, thought-provoking conversation about the role of human intelligence in an increasingly automated w...

05-14
59:42

Ep 68 - Why Geopolitical Risk Matters to Compliance and Legal Staff

Episode #68 with Chad Olsen and Mark Nuttal 🎧 In a world where politics and regulation intersect, compliance and legal professionals can no longer afford to ignore geopolitical risk. From the fallout of the U.S. withdrawal from Afghanistan to Russia’s war in Ukraine, the global regulatory landscape has been reshaped by conflict, sanctions, inflation, and cross-border disruption. In this episode, host Ajay Shamdasani speaks with two experts who explain why understanding geostrategy is n...

04-30
01:07:06

Ep 67 - Selective Enforcement & Global Risk: A Tectonic Shift in AML

Episode #67 with Nigel Morris-Cotterill, Oonagh van den Berg and Malcolm Nance In this episode of Regulatory Ramblings, the panel tackles the Trump administration’s controversial move to suspend enforcement of the Corporate Transparency Act (CTA)—a key anti-money laundering (AML) initiative passed under the Biden administration. The decision, announced by the U.S. Treasury Department in early March, stated that it would halt all penalties and fines associated with beneficial ownership informa...

04-16
01:04:32

Ep 66 - The U.S. Strategic Reserve and the Emerging Multipolar Crypto World

Episode #66 with Henri Arslanian (Nine Blocks Capital Management) and Andrew Fei (King & Wood Mallesons) This episode opens with Andrew Fei discussing recent US crypto regulatory developments. Then, Henri Arslanian, a leading voice in global crypto circles, shares his insights on the Trump administration’s decision to establish a cryptocurrency strategic reserve made up of Bitcoin, Ethereum, Solana, XRP, and Cardano. “This really may start paving the way for other countries to look at pot...

04-02
51:51

Ep 65 - Trump’s Anti-Corruption Rollback: Executive Order Sparks Global Concerns

Episode #65 with Tom Fox & Malcolm Nance, plus Philip Rohlik This episode is devoted to discussing the recent executive order signed by US President Donald J. Trump instructing the Department of Justice to halt enforcement of the decades old, much-dreaded Foreign Corrupt Practices Act (FCPA) pending a one-year review. In our initial “Regulatory Ramblings Spotlight” segment, we speak with Philip Rohlik, an American attorney in mainland China with the law firm Debevoise & Plimpton...

03-19
58:44

Ep 64 - Building Inclusion Through Sustainable Leadership + The EU Omnibus Proposal

With guests Dr. Inna Amesheva (ESG Book) and Janet Ledger (Commuity Business) In time for International Women’s Day on March 8th, Dr. Inna Amesheva and Janet Ledger explore the evolving role of ESG in regulation and inclusion. Dr. Amesheva, Head of ESG Regulatory Solutions at ESG Book, examines Europe’s push to simplify ESG rules, while Janet Ledger, CEO of Community Business, highlights how ESG drives diversity, equity, and inclusion (DEI) despite growing political backlash. As companies n...

03-05
01:00:11

Ep 63: Compliance in 2025 From Hiring Trends to Leadership Insights in APAC

With guests Raoul Montgomery, Kirsty Crean, and Brian Cheung As the theme of this episode is compliance, we first hear from Raoul Montgomery and Kirsty Crean of executive search and recruitment firm Arion House in Hong Kong about hiring trends in the legal and compliance space post-Chinese New Year. Hiring in Compliance & Legal: What’s Driving the Surge in 2025? Raoul & Kirsty share the areas in which the financial sector is hiring – with insurance and crypto-compliance being ke...

02-19
58:16

Ep 62: OSINT - A Key Tool for Finance and Compliance and China's Green BRI

With guests Dr. Oriol Caudevilla and Skip Schiphorst The Green Belt and Road Initiative. Much has been said about the BRI, known in China as the One Belt One Road – and sometimes labelled the New Silk Road. A global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations, the scheme is composed of six urban development land corridors linked by road, rail, energy, and digital infrastructure, and the Mari...

02-05
59:24

Ep 61 - Hong Kong's Stablecoin Bill and Trump's Impact on US Law's Reach in Asia

In our first episode of 2025, with a brand-new format, Regulatory Ramblings highlights two critical developments shaping Asia’s financial and regulatory landscapes. In Episode 61, Hong Kong-based lawyer Ben Hammond unpacks the city’s upcoming Stablecoin Bill, a landmark regulation aimed at strengthening digital asset oversight while bolstering Hong Kong’s position as a global financial hub. Hammond reflects on the bill’s significance, how it fills regulatory gaps, and its potential to foster ...

01-08
56:21

The Disparate Fight Against Modern Slavery and Scam Farms

Replay: Ep #59 with Matthew Friedman (The Mekong Club) Four decades fighting human trafficking and modern slavery – a diplomat reflects As a former US and United Nations diplomat, Matthew Friedman has been a true warrior on the frontlines against modern slavery and sex trafficking for over four decades. He is an international human trafficking expert and the CEO of The Mekong Club, a non-governmental organization comprised of Hong Kong’s leading businesses which have joined forces to help e...

01-01
01:21:00

The Evolution of Fintech: Asia, the US and the Implications for Inclusion

Episode #60 with Theodora Lau, Unconventional Ventures Based in the US, Theodora Lau or Theo as she’s known, is Hong Kong born and bred and the founder of Unconventional Ventures. Her firm’s mission is developing and growing an ecosystem of financial institutions, corporations, startups, entrepreneurs, venture capitalists and accelerators to make banking better, as well as to meet the often-unmet needs of consumers, including older adults and women. Connecting founders with funders – wi...

12-18
01:21:22

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