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

    AML / KYC

    AUSTRAC Orders AML/CTF Audit of Payments Firm mHITs

    03/04/2026

    AUSTRAC has ordered an external audit of mHITs Limited amid concerns its transaction monitoring is failing to manage serious risks, including child exploitation financing.

    Fintech / Regtech

    HKMA Details Multi-Year Overhaul of Bank Data Reporting

    03/04/2026

    The HKMA has launched GDR 3.0, a multi-year plan to replace template-based returns with granular, on-demand data submissions.

    Capital / Liquidity

    Taiwan Amends Insurer Capital Rules for Share Buybacks

    03/04/2026

    The FSC has revised capital adequacy requirements for insurers, aligning rules with a new solvency regime set to be implemented in 2026.

    Capital / Liquidity

    APRA Consults on Liquidity Treatment of Settlement Deposits

    03/04/2026

    APRA aims to clarify that deposits encumbered with settlement service providers cannot be counted towards minimum liquidity holdings for certain banks.

    AML / KYC

    Korean Police Bust KRW 13 Billion Phishing Ring Impersonating Regulators

    03/04/2026

    The China-based syndicate impersonated financial regulators and prosecutors to defraud 81 victims over a one-year period, prompting police warnings.

    Capital / Liquidity

    ISDA Urges Regulatory Action on Australian Super Fund Liquidity Risks

    03/04/2026

    New report details escalating liquidity risks in Australia’s AUD 4.5 trillion superannuation sector, calling for urgent policy clarity on repos and netting.

    Market Infrastructure

    Philippines Finalises Stricter Rules for Payment System Disruptions

    03/04/2026

    New rules impose a strict, time-bound framework for participants of the Peso RTGS, introducing a one-hour reporting deadline and a two-hour trigger for contingency plans.

    Market Infrastructure

    ASX Overhaul Mandated After ASIC Report Finds Systemic Failures

    02/04/2026

    Independent inquiry finds that ASX prioritised profits over infrastructure, prompting regulators to impose a major overhaul to rebuild trust.

    Capital / Liquidity

    Hong Kong Shelves Plans for Statutory Corporate Rescue Regime

    02/04/2026

    In response to strong objections against the proposed regime from labour groups and SMEs, the government has decided to retain its existing court-supervised scheme of arrangement.

    Capital / Liquidity

    Korea to Block Mortgage Extensions for Multi-Homeowners

    02/04/2026

    The measures, part of a new household debt plan, will also impose stricter rules on P2P lenders and penalties for loan misuse.

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