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
Fintech / Regtech
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.
ESG / Sustainability
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.
Fintech / Regtech
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.
Securities / Derivatives
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.
Securities / Derivatives
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.
Fintech / Regtech
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.
Securities / Derivatives
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.
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.
Crypto / Digital Assets
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.
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.
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