Sanday Chongo Kabange

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    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

    CSRC Approves China Telecom Shanghai IPO Following US Ban

    28/07/2021

    China’s flow of IPOs to the US is expected to ease, with companies instead choosing to list in Shanghai, Shenzhen, or Hong Kong.

    Enforcement

    NZ FMA Censures FoxPlan Over Unpermitted Financial Advice

    28/07/2021

    FoxPlan representatives misrepresented to clients that they were an authorised financial advisers or financial planners when they were not.

    Fintech / Regtech

    Beijing Financial Court Launches Fintech Legal Research Centre

    28/07/2021

    The Beijing Fintech Legal Research Centre will research fintech compliance standards, explore regulatory models, and drive fintech legal advances.

    Enforcement

    ASIC Appeals Dismissal of Cigno, BHF Solutions Case

    28/07/2021

    ASIC’s appeal seeks judicial clarification on the operation of key obligations under the National Credit Act and National Credit Code.

    Capital / Liquidity

    Sri Lanka Central Bank Directs Banks to Defer Dividends

    28/07/2021

    The CBSL issued the directives after considering the possible adverse impact on liquidity and other KPIs of banks due to Covid-19.

    Fintech / Regtech

    Eftpos Explores Better Access to Electronic Payments by Fintechs

    28/07/2021

    A new committee has been formed with FinTech Australia to facilitate discussion on enhancing fintech firms’ access to the eftpos network.

    Crypto / Digital Assets

    Singapore’s CTX to Debut Cross-border Trading of China Carbon Credits

    27/07/2021

    Cyberdyne Tech Exchange said its carbon neutrality tokens, or CNTs, would pave the way for carbon credits to be transferred across international borders.

    Market Infrastructure

    RBNZ, FMA Consult on Implementation of FMI Act

    27/07/2021

    The consultation seeks views on how financial market infrastructures will be identified as systemically important and the proposed approach to developing standards.

    Fintech / Regtech

    New Body Formed to Promote Open Standards for Capital Markets

    27/07/2021

    The GLML Foundation is developing general-purpose legal markup language as an open data standard for capital markets.

    Securities / Derivatives

    Thailand SEC Consults on Securities Law Revisions

    27/07/2021

    The amended Securities and Exchange Act will promote cooperation between financial market regulators including the SEC, BOT and OIC.

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