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
Data Privacy
Korea FSS Launches Probe into Card Firms After Shinhan Data Leak
19/01/2026
The industry-wide inspection follows a leak of nearly 200,000 pieces of personal data by Shinhan Card employees, prompting a review of internal controls.
Conduct, Culture & Accountability
Korea Forms New Task Force to Advance Governance Reforms
19/01/2026
A new regulatory task force will draft legal amendments by March to tackle 'cronyism' and entrenchment at financial firms.
Fraud, Scams & Cybercrime
Japan FSA to Probe Prudential Life as CEO Quits Over Fraud
19/01/2026
The FSA is considering disciplinary action after an internal probe found over 100 staff bilked 500 customers in a scandal dating back decades.
Clearing & Post-Trade
ASX Proposes Overhaul of Capital Rules for Third-Party Clearers
19/01/2026
ASX is consulting on replacing its tiered capital model with a flat requirement and other changes for third-party clearers.
Cybersecurity
WFE Urges Pragmatism on Quantum Computing Rules
19/01/2026
A WFE report highlights a gap between regulatory quantum preparedness demands and more immediate industry threats like AI.
Supervision & Enforcement
Japan FSA Approves Turnaround Plan Submitted by Iwaki Shinkin Credit Union
19/01/2026
The five-year plan aims for governance reform and addresses recent business improvement orders, following a 2012 public fund injection.
Structural Regulation
Taiwan Proposes Rule Change for Investment-Linked Insurance
16/01/2026
The proposed amendment clarifies the approval status of domestically traded ETFs as eligible investments for investment-linked insurance policies.
Structural Regulation
Taiwan Clarifies Rules for Internet-Only Banks to Offer In-Person Services
16/01/2026
The FSC has issued an immediate ruling permitting digital banks to operate physical service points under strict, pre-approved conditions.
Conduct, Culture & Accountability
Philippines Tables 'Bill of Rights' to Bolster Minority Shareholder Power
16/01/2026
Proposed law introduces tag-along rights, stricter related-party transaction rules, and significant penalties to align with global governance standards.
AI Risk & Governance
Korea to Introduce AI Risk Management Framework for Financial Sector
16/01/2026
New voluntary guidelines will require firms to establish AI governance bodies and implement risk-based controls for new technologies.
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