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.
Fintech / Regtech
Korea Launches High-Intensity Cyber Drill Across Financial Sector
05/09/2025
The FSS and FSI will conduct unannounced attacks over two months, expanding the scope to all financial firms and adding on-site infrastructure inspections.
ESG / Sustainability
Thailand's SEC Authorises Digital Asset Firms to Trade Tokenised Carbon Credits
05/09/2025
The SEC has amended rules for digital asset operators to support national green economy goals and promote the country as a carbon trading hub.
Fintech / Regtech
Australia Passes Law to Regulate Digital Wallets, BNPL Services
05/09/2025
The new legislation expands the RBA's oversight to new payment systems, including those operated by global tech companies.
Hong Kong MPFA Reviews Default Fund Rules for Ageing Workforce
04/09/2025
The MPFA is reviewing fee caps and de-risking mechanisms for its low-cost default investment option to meet the needs of the city's "silver economy".
Enforcement
Australian Senate Terminates Inquiry into Wealth Management Collapses
04/09/2025
Senate committee declines to resume inquiry into Dixon Advisory, prompting calls for renewed scrutiny amid fresh fund failures.
Fintech / Regtech
Korea FSS Urges Stronger Controls After Lotte Card Data Breach
04/09/2025
The FSS has called for tighter internal safeguards and expedited consumer protection following a data leak at Lotte Card that went undetected for 17 days.
ESG / Sustainability
New Zealand Proposes to Defer Key Climate Disclosures Deadlines
04/09/2025
The XRB is seeking feedback on extending exemptions for Scope 3 emissions and anticipated financial impact disclosures.
Fintech / Regtech
Philippine Bankers Association Developing New Scam Blocking Protocol
04/09/2025
The new protocol will incorporate AI and big data analytics to facilitate real-time alerts and fund blocking once scam-related activity is reported.
Securities / Derivatives
Shenzhen to Issue First Green Bonds in Macao
04/09/2025
The issuance, a first for the Shenzhen Government in Macao, aims to deepen financial cooperation in the GBA and bolster Macao’s bond market.
Securities / Derivatives
Philippine SEC to Release Revised Rules for REITs By Q4
04/09/2025
The SEC plans to expand eligible assets, extend reinvestment periods, and simplify registration to bolster the country's capital market.
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