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
Conduct, Culture & Accountability
ASIC Directs Product Issuers to Improve DDO Compliance
11/09/2024
ASIC’s Alan Kirkland called on issuers to ensure that their product design and distribution practices are “up to scratch”.
Structural Regulation
ACCC Updates Guidelines on Interim Authorisation
11/09/2024
The updated guidelines seek to clarify expectations around how the ACCC makes decisions on granting interim authorisation.
Anti-Money Laundering
Australia Introduces AML/CTF Reform Bill to Parliament
11/09/2024
The amendment bill will bring tranche 2 entities into scope and modernise the regulation of virtual assets and payments tech.
Sustainable Finance
Australia Releases Interim Report on Taxonomy Development
11/09/2024
The report sets out the progress made towards the development of Australia’s sustainable finance taxonomy.
AI Risk & Governance
New Zealand FIs Taking ‘Cautious Approach’ to AI Adoption – FMA
10/09/2024
The FMA conducted research to better understand how regulated entities are exploring the adoption of AI, to help shape an appropriate regulatory framework.
Anti-Bribery & Corruption
Australia’s New Anti-Foreign Bribery Law Comes into Force
10/09/2024
Under the new law, companies will be held directly liable for failure to prevent foreign bribery by employees, external contractors, agents and subsidiaries.
Anti-Money Laundering
HKMA Issues Guidance on Using AI to Enhance AML Monitoring
10/09/2024
Banks will have to assess the feasibility of adopting AI in their ML/TF monitoring systems and then formulate and submit an implementation plan to HKMA by end March 2025.
Conduct, Culture & Accountability
HSBC Responsible Officer Disqualified Over MPF Referral Programme
09/09/2024
The responsible officer was disqualified for 30 months for his role in recruiting unregistered personnel to refer MPF corporate clients to HSBC.
Conduct, Culture & Accountability
HKMA Suspends Ex-Hang Seng Bank Employee for Dishonest Conduct
09/09/2024
The HKMA suspended a former Hang Seng Bank relevant individual for fabricating a client’s signature on a time deposit application form.
Structural Regulation
BSP Authorises Maybank to Launch Islamic Banking Operations
05/09/2024
Maybank is just the second bank authorised to launch Islamic banking operations in the Philippines, after CARD Bank was authorised in June 2023.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.