Sanday Chongo Kabange

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    Sanday Chongo Kabange is an experienced multimedia journalist and a contributor to Regulation Asia. He focuses on compliance, regulatory and legal issues for financial services.

    Articles by Sanday Chongo Kabange

    AML / KYC

    HK Police Bust Syndicate Using AI to Trick Banks' Remote KYC Checks

    13/10/2025

    The HKPF says the syndicate used AI-altered identity documents to successfully open accounts remotely, prompting calls for banks to integrate with government digital ID systems.

    Securities / Derivatives

    Taiwan Drafts Rules to Allow Discretionary Mandates into Private Equity

    13/10/2025

    The FSC aims to grant asset managers more flexibility by opening discretionary accounts to private equity and certain offshore funds, subject to strict conditions.

    Fintech / Regtech

    Taiwan FSC Proposes to Tighten Outsourcing Rules for Insurers

    13/10/2025

    New draft regulations require prior regulatory approval from the FSC for material offshore IT outsourcing and establish data residency principles for cloud services.

    Fintech / Regtech

    Hong Kong to "Regularise" Mainland Credit Data Sharing Scheme

    13/10/2025

    The move aims to help banks assess the creditworthiness of mainland individuals and firms, while new guidance is being drafted for using alternative data.

    Securities / Derivatives

    Philippine Bourse to Ease Disclosure Rules to Revive IPO Market

    13/10/2025

    The PSE plans to relax compliance requirements for smaller firms to address a tepid year for new listings and encourage flotations from SMEs.

    Market Infrastructure

    ASIC Warns of 'Significant' Gaps in Offshore Outsourcing Controls

    13/10/2025

    A review by ASIC has found serious weaknesses in how financial advice licensees and fund managers oversee offshore providers, exposing consumers to harm.

    Capital / Liquidity

    RBNZ Formalises Competition Test for Prudential Policymaking

    13/10/2025

    The RBNZ has issued guidelines to ensure competition is weighed against financial stability goals, following a critical review of the banking sector.

    RBNZ Seeks External Experts for New Financial Policy Committee

    13/10/2025

    The RBNZ has begun recruiting up to two external members for its new policy-making body, seeking independent experts to challenge and guide financial stability decisions.

    Australia Introduces Bill to Combat Mandate Payday Superannuation

    12/10/2025

    New legislation introduced to parliament will require employers to pay superannuation on payday from 1 July 2026, targeting billions in unpaid retirement funds.

    Market Infrastructure

    Australia Unveils Draft Payments Law to Regulate Stablecoins, Digital Wallets

    10/10/2025

    The new framework will bring a wide range of payment service providers under a core licensing regime, levelling the rules for banks and tech firms.

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