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
Cybersecurity
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.
Reporting & Disclosures
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.
Fraud, Scams & Cybercrime
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.
Sustainable Finance
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.
Trading & Investment
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.
Market Abuse
Kakao Risks Losing Control of Kakao Bank Over Regulatory Breach
04/09/2025
A potential criminal penalty could force the tech giant to sell down its majority stake in its digital bank due to shareholder eligibility rules.
Tokenisation
Chinese SOE Issues First Publicly Tradeable Tokenised Bond
04/09/2025
This is the first time tokenised securities created on a public blockchain have been formally listed for trading on traditional financial exchanges.
Emerging Prudential Risks
South Korea to Launch KRW 1 Trillion Fund to Support Tariff-Hit Industries
04/09/2025
Fund managers will be offered incentives, such as enhanced fees, for investing in six designated industries. Proposals being accepted until 24 September.
Stablecoins
South Korea's Kbank to Develop Stablecoin-based Payment Services
04/09/2025
The internet-only bank aims to develop stablecoin-based cross-border payment and remittance services, eyeing expansion in Asia and the Middle East.
PEPs & Sanctions
Sanctioned Chinese Bank Stops Processing Russia Payments - Reports
03/09/2025
Heihe Rural Commercial Bank has halted Russia payments after EU sanctions prompted other Chinese banks to refuse to accept funds from the bank.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.