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

    Enforcement

    Hong Kong Charges Middleman in 16-Year-Old KPMG IPO Bribery Case

    15/04/2026

    A 72-year-old woman has been charged for allegedly offering HKD 400,000 in bribes to KPMG auditors in 2010 to facilitate a fabric manufacturer's IPO.

    Crypto / Digital Assets

    KoFIU Announces Decision to Penalise Crypto Exchange Coinone for AML Failures

    15/04/2026

    KoFIU has sanctioned crypto exchange Coinone for extensive AML/CFT breaches, as a separate review reveals deep-seated internal control deficiencies.

    AML / KYC

    Australian Banks Exit 1,000+ Customers in Illicit Tobacco Crackdown

    15/04/2026

    AUSTRAC reports significant results from a targeted crackdown on illicit tobacco financing, with banks filing hundreds of suspicious matter reports.

    Crypto / Digital Assets

    BOK Calls for Crypto to Adopt Stock Market-Style Circuit Breakers

    15/04/2026

    BOK has urged the government to mandate stock market-style trading curbs for crypto exchanges following Bithumb's multi-billion dollar payout error.

    ESG / Sustainability

    OJK Indonesia to Strengthen Insurance and Pension Fund Regulation

    15/04/2026

    OJK is issuing new rules on governance and risk-based supervision, setting ambitious growth targets to support national development and sustainable finance.

    Securities / Derivatives

    SFC Ramps Up IPO Banker Licence Approvals After Quality Clampdown

    15/04/2026

    The SFC issued 53 percent more licences in March, signalling a cautious easing after a period of intense scrutiny over IPO application quality.

    Market Infrastructure

    Hong Kong to Propose Bill for RMB Stamp Duty Payments

    15/04/2026

    The government plans to introduce legislation allowing stamp duty on RMB-denominated stock trades to be paid in yuan, alongside the move to a scripless market.

    Fintech / Regtech

    HSBC Completes Tokenised Deposits Pilot on Public Blockchain

    15/04/2026

    The bank has simulated issuing its tokenised deposits on the Canton Network, a move demonstrating interoperability and testing public blockchain infrastructure.

    ASIC Tackles Retirement Anxiety With New Guidance Tools

    14/04/2026

    ASIC has launched new resources after research revealed low financial literacy and significant retirement planning gaps among older Australians.

    Enforcement

    Australia Proposes Tougher Penalties for Tax Practitioners After PwC Tax Leaks Scandal

    14/04/2026

    Treasury releases draft legislation to significantly strengthen the TPB’s powers, introducing criminal penalties and higher fines.

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