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
Australian Court Dismisses Appeal By Unlicensed Lenders
11/07/2025
Cigno Australia and BSF Solutions were found to have charged over AUD 70 million in fees on AUD 34 million in loans through an unlawful model in a case brought by ASIC.
Market Infrastructure
Australia Finalises RBA Overhaul with New Policy and Governance Rules
11/07/2025
New statements mandate the publication of interest rate votes and create a board to oversee culture, completing a major central bank reform.
Market Infrastructure
ASX Finalises Clearing Rule Changes for CHESS Replacement Release 1
11/07/2025
ASX will proceed with planned rule amendments for its clearing system overhaul after receiving limited substantive industry feedback.
ESG / Sustainability
HKMA Launches Physical Climate Risk Assessment Platform For Banks
11/07/2025
The HKMA has launched an enhanced version of its physical climate risk assessment tool, urging all financial institutions to adopt it.
Capital / Liquidity
Australia to Amend Tax Law for Foreign-Issued Bank Capital Instruments
11/07/2025
The change seeks to ensure subordinated notes with non-viability clauses, issued by foreign-regulated entities, can be treated as debt for tax purposes.
Market Infrastructure
Philippines FSCC Flags Financial Risks, Eyes Deposit Insurance Reform
11/07/2025
Regulators are monitoring global headwinds and geopolitical tensions, while considering a risk-based premium system for the bank deposit insurance scheme.
AML / KYC
New Zealand Authorities Launch New Anti-Scam Alliance
11/07/2025
The initiative establishes a formal structure for government agencies, banks, telecos, digital platforms, and consumer groups to share data about scams and shut them down in real-time.
AML / KYC
EU Adds Laos, Nepal to High-Risk AML List; Delists Philippines
10/07/2025
The European Parliament has endorsed changes to its high-risk country list, adding Laos and Nepal while removing the Philippines.
ESG / Sustainability
ACCC Authorises ASFI to Work on Sustainable Finance Initiatives
10/07/2025
The ACCC has allowed the ASFI to collaborate with industry participants on sustainable finance initiatives for five years.
Fintech / Regtech
RBA Announce Participants for Next Phase of Digital Money Experiments
10/07/2025
The RBA says 24 innovative use cases ranging from local fintechs to major banks have been conditionally selected for the next stage of Project Acacia.
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