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
Emerging Prudential Risks
APRA Finalises Cross-industry Standard on Defined Terms
23/08/2024
The new standard, CPS 001, will act as a central glossary for ADIs and insurers to promote more consistent definitions going forward.
Climate Risk
HKMA Issues Guidance for Banks on Climate Risk Governance
23/08/2024
The guidance is aimed at helping banks to develop and enhance their governance structures and oversight frameworks for climate risk.
Fraud, Scams & Cybercrime
Hong Kong, Macao Authorities Arrest Seven in Joint Operation
23/08/2024
The SFC, ICAC and the Macao Judiciary Police arrested seven individuals for suspected fraud, including the chairman of a listed company.
Payments & Settlements
BSP, NBC to Cooperate on Payment System Connectivity, Digital Finance
22/08/2024
The central banks will collaborate on payment connectivity, digital finance innovation, AI, cyber security, and sustainable finance.
Trading & Investment
ASX Commences Trading in New Natural Gas Futures Contract
21/08/2024
ASX said the Wallumbilla Natural Gas Futures contract will help investors hedge energy transition risks and more confidently invest in decarbonisation initiatives.
Fraud, Scams & Cybercrime
ASIC Finds Lack of Maturity in Banks’ Scam Strategies
21/08/2024
ASIC conducted a review of scam strategies and governance at 15 non-big-four banks, finding a “less mature approach” than expected.
Resolution & Recovery
RBNZ Consults Additional Standards for New DTA Regime
21/08/2024
RBNZ is consulting on standards covering areas such as governance, lending, risk management and operational resilience.
Trading & Investment
Hong Kong MPFA to Pursue Further Pension System Reforms
21/08/2024
The MPFA will make it easy for members to switch providers and expand the choices of REITs available to scheme members.
Supervision & Enforcement
BSP Amends Rules for Banks on Equity Divestments
21/08/2024
The amended rules clarify expectations for banks to divest equity investments that are prohibited under applicable laws and regulations.
Anti-Money Laundering
HK Court Jails Ex-Sunway Employee for Laundering $125m
21/08/2024
The court sentenced a personal assistant to five years in prison for helping his boss unlawfully obtain loans from a listed company and launder the proceeds.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.