Sanday Chongo Kabange

    image

    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

    Singapore Premiers Blockchain-based Bond Exchange, BBX

    13/08/2020

    BondbloX Bond Exchange uses a permissioned blockchain to enable electronic trading of bonds in $1,000 denominations, with instant settlement and greater price transparency.

    Securities / Derivatives

    ASIC Issues Warning on Asset Valuations in Managed Funds

    12/08/2020

    ASIC says it is aware that illiquid assets have been difficult to value amid the pandemic, but asserts that it is precisely in this context that valuations are most important.

    Fintech / Regtech

    ACCC Declines to Pursue Banks Over Screen Scraping Warnings

    12/08/2020

    Australia’s competition watchdog says the banks’ warnings against screen scraping security risks do not constitute anti-competitive conduct.

    Securities / Derivatives

    Korea: FSS to Probe Frozen Notes Linked to Singapore, Hong Kong

    10/08/2020

    The FSS reportedly wants to determine why redemptions in some structured notes linked to Singapore trading firms have been frozen.

    Market Infrastructure

    Hong Kong FSDC Proposes to Allow Tax Offsets Within Group Structures

    10/08/2020

    The proposed reforms would allow financial services groups operating in Hong Kong to offset the profits of one group company against losses in another.

    Fintech / Regtech

    China Moves Closer to Launching Sovereign Digital Currency

    07/08/2020

    PBOC has formed a new subsidiary to streamline efforts to launch a central bank digital currency, which is now being tested at four state-run banks.

    Fintech / Regtech

    MAS to Set Up Regional Digital Finance Institute

    06/08/2020

    The Asia Institute of Digital Finance will be jointly operated by MAS, the National Research Foundation and the National University of Singapore.

    Market Infrastructure

    Japan Amends Rules to Lure Hong Kong Fund Managers

    05/08/2020

    A Cabinet level amendment will allow overseas investment funds and securities operators to temporarily operate from Japan.

    Enforcement

    Australia: Former Financial Adviser Jailed for Six Years

    04/08/2020

    Graeme Walter Miller was sentenced to six years’ imprisonment for misappropriating close to A$2mn for his own purposes.

    Big Picture

    FMSB Publishes Spotlight Review on Market Surveillance

    04/08/2020

    The Spotlight Review looks at current and future challenges that FICC market participants face in market surveillance and the impact of machine learning.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team