
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.

Enforcement
ASIC Flags Deficiencies in Super Fund Audits and Asset Valuations
30/09/2025
An ASIC review has found auditors are not sufficiently challenging valuations of unlisted assets, prompting calls for a significant uplift in reporting and audit quality.

Capital / Liquidity
RBNZ Proposes Wider Use of 'Bank' to Boost Competition
30/09/2025
The move would allow all licensed deposit takers, including credit unions and finance companies, to rebrand as “banks” under new legislation from 2028.

New Zealand Eases ‘Golden Visa’ Rules for Investors
30/09/2025
New Zealand will allow 'golden visa' holders to buy luxury homes, following a surge in applications for the revamped scheme, and will add two new skilled residency pathways.

Market Infrastructure
ACCC Authorises Coordinated Payments System Security Upgrade
30/09/2025
The eight-year authorisation allows financial institutions to jointly manage the industry-wide migration to the advanced encryption standard (AES) to counter future cyber threats.

Crypto / Digital Assets
Thai SEC Proposes to Widen 'Institutional Investor' Definition to Cover Crypto Firms
30/09/2025
Proposed amendments would also expand the definition of 'investments' to include digital tokens and indirect holdings for investor classification.

Enforcement
Hong Kong SFC Fines Brokerage Over Client Money Failures
30/09/2025
The SFC reprimanded Roofer Securities for 12 incidents of improper client money segregation, including using client funds to meet its own margin calls.

Hong Kong LegCo Approves First Phase of MPF 'Full Portability'
30/09/2025
New employees from May 2025 will be able to transfer employer contributions to a scheme of their choice annually.

Securities / Derivatives
SFC, HKMA to Probe Sales of Complex Debt Securities
30/09/2025
The SFC and HKMA will launch a joint review of intermediaries' due diligence and disclosure practices, focusing on perpetual and other complex bonds.

Securities / Derivatives
Korea to Ban Discriminatory Interest Rates on Investor Deposits
29/09/2025
The FSS and KOFIA have revised rules to ensure securities firms offer fair and transparent interest rates on customer deposits, ending differential treatment between investors.

Securities / Derivatives
Korea Mandates External Valuation for Alternative Investment Funds
26/09/2025
The new rules, effective from 19 September, require annual fair value assessments and the use of external valuers for real estate and special asset funds.
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