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

    Capital / Liquidity

    Philippines Central Bank Reviews Lifting Maturity Cap for Salary Loans

    05/03/2026

    The move aims to ease borrower debt burdens and provide repayment flexibility amid slowing national credit growth and calls from public sector employees.

    AML / KYC

    Philippines Doubles EDD Threshold for Cash Withdrawals to PHP 1 Million

    04/03/2026

    The move aims to ease the burden on legitimate business transactions while allowing FIs to focus AML resources on higher-risk activities.

    Fintech / Regtech

    Philippines to Reopen Online Lending Market, Slashes Rate Cap

    04/03/2026

    The SEC will end a three-year ban on new online lenders from 1 April, aiming to boost competition and enhance credit data infrastructure.

    Securities / Derivatives

    SFC Chairman Urges Focus on Listing 'Quality' Over 'Quantity'

    04/03/2026

    Kelvin Wong says long-term market health depends on quality listings and products, not just turnover and fundraising size.

    AML / KYC

    AUSTRAC Chief Details New AML Rules for Legal Profession

    04/03/2026

    Brendan Thomas outlines mandatory enrolment, CDD, and reporting obligations as AUSTRAC moves to close a 'significant hole' in the country's AML defences.

    Securities / Derivatives

    Hong Kong Confirms Tax Overhaul Plan for Funds and Family Offices

    04/03/2026

    The plan expands eligible assets to include digital assets and private credit, while introducing new economic substance requirements for funds seeking exemptions.

    Securities / Derivatives

    Philippines SEC Sets Out Regulatory Framework for Sukuk Issuance

    04/03/2026

    The new framework details requirements for Shari'ah governance, issuer registration, disclosure, and continuing obligations to develop the country's Islamic capital market.

    Capital / Liquidity

    APRA Clarifies Liquid Asset Rules for Banks After RBA Policy Change

    04/03/2026

    APRA has acted to ensure debt securities remain eligible liquid assets for banks following a procedural update by the RBA.

    Fintech / Regtech

    WeChat Pay Becomes First Wallet on New 'Payment Connect' System

    04/03/2026

    The Tencent-owned wallet has partnered with HSBC to offer real-time, fee-free remittances, connecting Hong Kong's FPS with the mainland's IBPS.

    Hong Kong MPFA to Explore Gold ETF Investment for MPF

    04/03/2026

    The move aligns with a government push to develop the city as a gold trading hub, the MPFA chairwoman told legislators.

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