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

    Anti-Money Laundering

    CBA's New Zealand Unit Hit With Record Penalty for AML Breaches

    11/06/2026

    ASB Bank, a subsidiary of Australia’s Commonwealth Bank, has been fined a record NZD 6.7 million for systemic anti-money laundering failures.

    Supervision & Enforcement

    ASIC Warns 'Straggler' Super Funds Over Death Benefit Claim Delays

    10/06/2026

    ASIC has put superannuation trustees on notice, warning of further enforcement action amid persistent failures in handling death benefit claims.

    Structural Regulation

    Philippines SEC Streamlines Securities Lending Framework

    10/06/2026

    The move centralises administrative functions with the stock exchange, aiming to reduce costs and timelines to support short selling activity.

    Structural Regulation

    SFC Chairman Details ‘Three-Tiered’ Defence for Market Integrity

    10/06/2026

    Kelvin Wong outlined a multi-layered strategy for issuers, intermediaries and the market ecosystem at a high-level APEC integrity workshop.

    Structural Regulation

    Hong Kong Unveils Action Plan to Boost Corporate Treasury Hub Status

    10/06/2026

    Hong Kong has announced a ‘4T’ action plan, featuring a significant tax revamp, to attract more multinational corporate treasury centres to the city.

    Emerging Prudential Risks

    Australia Details New Geopolitical Risk Framework for Financial Sector

    10/06/2026

    The RBA has outlined a new framework to help financial institutions manage risks from geopolitical shocks, focusing on new operational and security challenges.

    Reporting & Disclosures

    South Korea Proposes Major Overhaul of Stewardship Code

    10/06/2026

    The first major revision in a decade will expand the code's scope to ESG factors and new asset classes, and introduce a formal monitoring system.

    Fraud, Scams & Cybercrime

    Thailand: Lawsuit Filed Against Tech Giants and Banks Over Scam Losses

    09/06/2026

    Thailand Consumers Council files landmark lawsuit against Meta, Apple, Line and several banks, seeking redress for victims and demanding systemic reforms.

    Trading & Investment

    Korean Authorities Vows FX Market Crackdown, Summons Banks

    09/06/2026

    Authorities are launching joint inspections and scrutinising offshore derivatives to curb speculative trading amid a sharp depreciation of the won.

    Trading & Investment

    Taiwan Eases Rules for Foreign Investors in Futures Market

    09/06/2026

    Taiwan’s futures exchange now allows foreign investors to use offshore accounts for margin payments, aiming to simplify access and reduce costs.

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