Posts By Sanday Chongo Kabange, Regulation Asia
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1.1KFormer CFTC Chair Calls for Dedicated US Crypto Regulator
Sanday Chongo Kabange, Regulation Asia January 10, 2022Such a bureau would have its own authorisation and financing, and adopt the mandates of both the CFTC and SEC, said J. Christopher Giancarlo.
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616RBI Issues Eligibility Criteria for Use of Credit Information Services
Sanday Chongo Kabange, Regulation Asia January 7, 2022More entities will become eligible to tap credit information disseminated by CICs, which observers say will benefit digital lenders and neobanks.
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848Korean Presidential Hopeful to Use NFTs for Campaign Fundraising
Sanday Chongo Kabange, Regulation Asia January 7, 2022The Democratic Party of Korea's Lee Jae-myung is set to become the world's first presidential candidate to raise campaign funds using NFTs.
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696RBI Introduces New Market Making Scheme for G-sec Market
Sanday Chongo Kabange, Regulation Asia January 7, 2022The market-making scheme will ensure quotes are available to retail investors using the RBI Retail Direct Scheme to buy and sell G-secs.
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455FSC Korea Outlines Plans to Launch Second ‘New Deal’ Fund
Sanday Chongo Kabange, Regulation Asia January 6, 2022A private fund manager will be selected to manage 20% of the fund, which will prioritise investment in carbon net zero initiatives and local New Deal sectors.
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1.4KBNM Proposes New Licensing Framework For Digital Insurers
Sanday Chongo Kabange, Regulation Asia January 6, 2022Digital insurers and takaful operators should have a minimum paid-up capital of MYR 40 million during the foundational phase.
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South Korean Financial Institutions Launch ‘MyData’ Services
Sanday Chongo Kabange, Regulation Asia January 6, 2022On Wednesday, 33 firms started offering MyData services, enabling consumers to centralise management of their data from different institutions.
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426Korea to Enhance Credit Recovery Support Measures
Sanday Chongo Kabange, Regulation Asia January 5, 2022The CCRS and 5 state-backed guarantee institutions have agreed to adjust credit recovery standards to help borrowers of guaranteed loans return to normal more quickly.
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629Morgan Stanley Closer to Full Ownership of China Brokerage
Sanday Chongo Kabange, Regulation Asia January 4, 2022Morgan Stanley will increase its stake in its China securities joint venture to 94 percent, subject to regulatory approvals.
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FSC Korea Says LIBOR Transition Progressing Smoothly
Sanday Chongo Kabange, Regulation Asia December 31, 2021The CD rate has been actively replaced with Korea's new RFR, known as KOFR, since its introduction on 25 November, the FSC said.
