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

    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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