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
Hong Kong’s Fusion Bank Launches Business Banking Services
23/03/2023
Fusion Bank promises SMEs a “hassle-free” account opening experience and a six month exemption on fees for new accounts.
Capital / Liquidity
APRA Directs Banks to Declare Links to Crypto Firms
23/03/2023
APRA has asked banks to declare and report their business ties to crypto firms and start-ups, which worry increased supervision will make it harder to access financial services.
ESG / Sustainability
HKMA Chief Outlines Plans to Continue Developing Green Bond Market
21/03/2023
At ASIFMA’s event on Friday, Eddie Yue said some future green bonds will be set aside for MPF funds, and that Hong Kong’s green bond programme will expand to cover sustainable bonds.
Crypto / Digital Assets
Mastercard Working on Integration to Enable Stablecoin Spending
21/03/2023
The Mastercard-Stables project will allow users to spend stablecoin balances on everyday purchases without first converting it to fiat.
New Zealand Financial Advice Regime Takes Full Effect
20/03/2023
Transitional licences have expired. All advisers must now hold or operate under a full licence to provide regulated financial advice to retail clients.
ESG / Sustainability
Thailand Publishes First ESG Impact Assessment for Listed Firms
18/03/2023
The SET says the new impact assessment seeks to inspire other listed firms to integrate ESG practices into their business operations.
ESG / Sustainability
Bangladesh, UK Signs Pact to Tackle Climate Change
18/03/2023
Bangladesh and the UK stressed the need to work to increase access to climate finance by climatically vulnerable countries and secure greater funding for adaptation.
Market Infrastructure
ASX Forms New Unit to Focus on Technology & Data
18/03/2023
ASX says the introduction of a CIO role and the creation of a new technology unit will allow a greater focus of efforts on data and technology innovation.
Capital / Liquidity
Australian Regulators to Intensify Banking Sector Supervision
17/03/2023
The CFR will monitor the fallout from the collapse of US banks through ‘intensive supervision’ of Australia’s banking system.
Market Infrastructure
PBOC to Reduce ‘High Risk’ Institutions in Financial System
16/03/2023
The PBOC will defuse “bombs” by reducing the number of high-risk institutions especially small and mid-sized financial institutions.
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