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.
Securities / Derivatives
Saudi Arabia Lists First Hong Kong Focused ETFs
31/10/2024
The new ETF initially raised more than $1.2bn and became the largest ETF in the Middle East upon listing on the Saudi Exchange.
Crypto / Digital Assets
Hong Kong’s ZA Bank Starts Trials for New Crypto Trading Service
30/10/2024
ZA Bank CEO Ronald Iu said the trial demonstrates the digital bank’s commitment to supporting the wider development of virtual assets in Hong Kong.
Crypto / Digital Assets
BSP Grants Virtual Assets Authorisation to GoTyme Bank
30/10/2024
GoTyme is only the second bank to be given authorisation to explore the potential introduction of digital asset services for customers.
Fintech / Regtech
ASIC Says Governance Arrangements are Lagging AI Adoption
30/10/2024
ASIC Chair Joe Longo said must consider their existing obligations and duties and avoid simply waiting for AI laws and regulations to be introduced.
Crypto / Digital Assets
BOCHK Becomes First Bank to Use mBridge to Automate Remittances
30/10/2024
BOCHK says it has completed the first fully automated cross-border remittance via mBridge and will continue to do so for selected corporate customers.
Fintech / Regtech
HKMA Launches New Platform to Boost Fintech Collaboration
30/10/2024
The “Fintech Connect” platform will help banks discover innovative solutions developed and offered by fintech solution providers.
AML / KYC
Hong Kong to Introduce Anti-Fraud Alerts on ATMs Next Year
29/10/2024
Alerts will pop up for ATM users when they enter details of recipient accounts that have been flagged as “high risk” in the Scameter database.
BSP Partners German State Firm on Currency Management
29/10/2024
The BSP said it will work with Bundesdruckerei GmbH on currency management and digital payments infrastructure.
Crypto / Digital Assets
BIS and APAC Central Banks Release Results of Project Mandala
29/10/2024
Project Mandala demonstrated that jurisdiction-specific regulatory requirements can be embedded in cross-border transaction protocols.
Fintech / Regtech
HKMA Establishes Tokenisation Partnerships with Thailand, Brazil
29/10/2024
The HKMA will collaborate with the central banks of Thailand and Brazil to explore cross-border tokenisation use cases, leveraging the Project Ensemble sandbox.
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