
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.

KYC & CDD
HK Police Bust Syndicate Using AI to Trick Banks' Remote KYC Checks
13/10/2025
The HKPF says the syndicate used AI-altered identity documents to successfully open accounts remotely, prompting calls for banks to integrate with government digital ID systems.

Trading & Investment
Taiwan Drafts Rules to Allow Discretionary Mandates into Private Equity
13/10/2025
The FSC aims to grant asset managers more flexibility by opening discretionary accounts to private equity and certain offshore funds, subject to strict conditions.

Cloud & Infrastructure
Taiwan FSC Proposes to Tighten Outsourcing Rules for Insurers
13/10/2025
New draft regulations require prior regulatory approval from the FSC for material offshore IT outsourcing and establish data residency principles for cloud services.

Credit Risk
Hong Kong to "Regularise" Mainland Credit Data Sharing Scheme
13/10/2025
The move aims to help banks assess the creditworthiness of mainland individuals and firms, while new guidance is being drafted for using alternative data.

Structural Regulation
Philippine Bourse to Ease Disclosure Rules to Revive IPO Market
13/10/2025
The PSE plans to relax compliance requirements for smaller firms to address a tepid year for new listings and encourage flotations from SMEs.

Operational Risk
ASIC Warns of 'Significant' Gaps in Offshore Outsourcing Controls
13/10/2025
A review by ASIC has found serious weaknesses in how financial advice licensees and fund managers oversee offshore providers, exposing consumers to harm.

Emerging Prudential Risks
RBNZ Formalises Competition Test for Prudential Policymaking
13/10/2025
The RBNZ has issued guidelines to ensure competition is weighed against financial stability goals, following a critical review of the banking sector.

Emerging Prudential Risks
RBNZ Seeks External Experts for New Financial Policy Committee
13/10/2025
The RBNZ has begun recruiting up to two external members for its new policy-making body, seeking independent experts to challenge and guide financial stability decisions.

Supervision & Enforcement
Australia Introduces Bill to Combat Mandate Payday Superannuation
12/10/2025
New legislation introduced to parliament will require employers to pay superannuation on payday from 1 July 2026, targeting billions in unpaid retirement funds.

Stablecoins
Australia Unveils Draft Payments Law to Regulate Stablecoins, Digital Wallets
10/10/2025
The new framework will bring a wide range of payment service providers under a core licensing regime, levelling the rules for banks and tech firms.
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