Sanday Chongo Kabange
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
Securities / Derivatives
Philippine Stock Exchange Issues Final Short Selling Guidelines
04/10/2023
The PSE said the SEC and BIR approved critical components of SBL transactions. A separate announcement will be made about the official launch date.
ESG / Sustainability
NZ FMA Issues Record Keeping Guidance for Climate Disclosures Regime
04/10/2023
The guidance sets out principles for firms to ensure their records evidence that climate statements comply with the CRD requirements.
Capital / Liquidity
RBNZ Finalises Decision to Implement Dual Reporting for IRB Banks
04/10/2023
Dual reporting is intended to show how the use of internal models affects a bank’s RWA outcomes compared to using the standardised approach.
Market Infrastructure
APRA, ASIC Publish New Guidance for Financial Accountability Regime
03/10/2023
The new information package includes guidance for banks on transitioning to the FAR, including a template for producing accountability statements.
Capital / Liquidity
US, Korea to Cooperate on Risk Monitoring, Resolution Planning
02/10/2023
The FDIC and KDIC will cooperate on risk monitoring, crisis management and resolution planning for FIs with operations in both countries.
UK, NZ Sign Pact to Mutually Recognise Auditor Qualifications
29/09/2023
The New Zealand FMA and UK’s FRC have agreed on mutual recognition of the professional qualifications of auditors.
AML / KYC
AUSTRAC Issues Customer Identification Guidance for Gambling Providers
29/09/2023
From September 2024, online gambling providers must complete applicable customer identification procedures before offering gambling services.
Crypto / Digital Assets
ASIC Punishes Fintech Firm for Misrepresenting Crypto Product
28/09/2023
Bobbob and its sole director are prohibited from providing financial services to retail clients for 12 months and paid A$53,000 in penalties.
ASIC Directs Licensees to Improve Remediation Procedures
27/09/2023
ASIC conducted a review of the remediation policies and procedures of some large FIs and identified gaps and inconsistencies that could lead to poor customer outcomes.
Crypto / Digital Assets
PBOC Adds CBDC Feature to Boost Adoption Among Foreigners
27/09/2023
The e-CNY app now allows foreigners to top up their digital wallets using global payment networks Visa and Mastercard.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team