Sanday Chongo Kabange
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
Operational Risk
BSP Issues Draft Reporting Rules for Trust Entities
22/05/2025
Trust entities will have to report additional details on their fiduciary and investment management activities, including data on client risk profiles.
Anti-Money Laundering
HK Police Busts Cross-Border Money Laundering Syndicate
22/05/2025
HKPF arrested 10 suspects linked to a money laundering operation involving stooge accounts in Hong Kong and Mainland China.
Resolution & Recovery
RBNZ Issues Depositor Compensation Scheme Transitional Standard
22/05/2025
The new standard sets out the mechanism deposit takers should use to gather alternate bank details that could be used for DCS payments.
Fraud, Scams & Cybercrime
SFC Alerts Public to Phishing Texts Targeting Brokerage Clients
22/05/2025
Phishing texts are tricking Hong Kong investors into revealing personal data, leading to financial losses, warns the SFC.
Anti-Money Laundering
SFC Imposes 5-Month Ban on Former Lion Futures Director
22/05/2025
The SFC banned a former MIC for five months over his role in Lion Futures’ failure to comply with AML/CFT requirements between 2017 and 2019.
Operational Risk
ISDA Urges Australian Super Funds to Enhance Risk Management
22/05/2025
Super funds should be proactive in managing counterparties and third-party suppliers, as ineffective management can result in operational losses, regulatory attention and remediation costs.
Alternative Markets
NZ ‘Golden Visa’ Applications Surge After Rule Relaxation
22/05/2025
Investor visa demand has increased following a loosening of eligibility rules, with Chinese applicants leading the rise.
Conduct, Culture & Accountability
ASIC Sues Home Loan Manager Resimac Over Hardship Failures
22/05/2025
ASIC alleges the home loan manager breached the law by not properly assessing or supporting borrowers struggling with repayments.
Stablecoins
Hong Kong Legislative Council Passes Stablecoin Ordinance
21/05/2025
The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.
Trading & Investment
Hong Kong, Shenzhen Launch First GBA Indexes
21/05/2025
The indexes will comprise constituents listed on the SZSE as well as HK-listed securities eligible for trading under Stock Connect.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.