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

    Anti-Money Laundering

    Philippine SEC Proposes Tougher Beneficial Ownership Reporting Rules

    15/10/2025

    The SEC’s draft rules introduce a seven-day reporting deadline for ownership changes and fines of up to PHP 2 million for false declarations.

    Structural Regulation

    New Zealand FMA Warns Finbase Over Wholesale Offer Breaches

    15/10/2025

    The FMA has cited serious disclosure and fair dealing failures, including misleading advertising and the incorrect use of investor exclusions.

    Structural Regulation

    Hong Kong Task Force Charts Course to Aid Mainland Firms' Expansion

    15/10/2025

    A high-level steering committee including the HKMA and HKEX has met for the first time to discuss strategy for the new one-stop support platform.

    Conduct, Culture & Accountability

    ASIC Expands Probe into Mortgage Broking Practices

    15/10/2025

    ASIC has flagged new surveillances targeting misconduct in the credit sector, with a continued focus on financial hardship and debt collection.

    Capital Adequacy

    APRA Lifts Final A$500 Million Capital Add-On From Westpac

    15/10/2025

    The move follows the bank's completion of a multi-year risk remediation programme required under a 2020 court enforceable undertaking.

    Trading & Investment

    HKEX to Launch Hang Seng Biotech Index Futures in November

    15/10/2025

    HKEX says the new cash-settled contract aims to provide a risk management tool for Hong Kong's fast-growing biotechnology sector.

    Conduct, Culture & Accountability

    ASIC Criticises Super Funds for ‘Superficial’ Retirement Communications

    15/10/2025

    ASIC has found a lack of urgency among trustees in improving member engagement, with significant gaps in support for vulnerable groups.

    Emerging Prudential Risks

    New Zealand Eases LVR Restrictions for Mortgage Lending

    15/10/2025

    The RBNZ will increase ‘speed limits’ for high loan-to-value lending in a first decision by its new Financial Policy Committee.

    Cryptocurrency

    Philippines Senator Refiles Bill on Digital Asset Regulatory Framework

    15/10/2025

    The proposed law would designate the BSP and the SEC as lead agencies for e-money and virtual assets, respectively.

    Credit Risk

    Hong Kong to Cap Loans for Money Lenders Based on Borrower Income

    15/10/2025

    The FSTB is inclined to support debt-to-income ratio limits and mandate credit data sharing following a public consultation on tightening regulations.

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