Posts By Sanday Chongo Kabange, Regulation Asia
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499FMA Proposes New Guidance on Financial Product Advertising
Sanday Chongo Kabange, Regulation Asia November 19, 2020The guidance sets out the FMA's expectations of what good conduct in the advertising of offers of financial products looks like.
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1.7KBSE India Launches New Investment Platform for Fund Managers
Sanday Chongo Kabange, Regulation Asia November 18, 2020Asset managers can transact for all their schemes through the new platform rather than switch between multiple platforms as is current practice.
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592PBOC Official Warns Lenders of Need to Protect Asset Quality
Sanday Chongo Kabange, Regulation Asia November 18, 2020Sun Tianqi, appointed as head of the PBOC's Financial Stability Bureau in May, urged commercial lenders to increase loan loss provisions and dispose of more NPLs.
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665US Agencies Urge Banks Forward on LIBOR Transition
Sanday Chongo Kabange, Regulation Asia November 16, 2020The Fed, OCC and FDIC have asked banks to move away from LIBOR 'without delay', accelerate customer outreach, and prepare their systems for the transition.
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440CSRC Pledges to Improve Listed Company Governance, Supervision
Sanday Chongo Kabange, Regulation Asia November 16, 2020A targeted campaign will be launched to improve supervisory oversight in the capital market and enhance corporate governance in listed companies.
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600RBNZ Defers Start Date for Higher Bank Capital to June 2022
Sanday Chongo Kabange, Regulation Asia November 12, 2020The RBNZ will also consult on re-instating LVR restrictions, maintain dividend restrictions for banks, and launch a new facility to provide cheap funding for banks.
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1.1KPhilippine Authorities Probe Financial Transactions Linked to Wirecard
Sanday Chongo Kabange, Regulation Asia November 12, 2020The National Bureau of Investigation is examining the financial transactions of a law firm office that appears to have provided legal services to Wirecard and Jan Marsalek.
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733US Sanctions Four More Officials Over Hong Kong National Security Law
Sanday Chongo Kabange, Regulation Asia November 11, 2020China's Foreign Ministry says the move is a violation of the basic norms governing international relations, urging the US to withdraw the sanctions.
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607New Zealand FSC Publishes Disclosure Guide for Financial Advice Regime
Sanday Chongo Kabange, Regulation Asia November 10, 2020The ‘Disclosure Guide’ will help advisors comply with the changes to disclosure requirements under the new financial advice regime which comes into force on 15 March 2021.
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1.2KTFEX to Launch New Silver, Rubber Futures Contracts
Sanday Chongo Kabange, Regulation Asia November 7, 2020A new cash-settled silver futures contract will launch on Monday. A Japanese rubber futures contract will launch by year-end.
