
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.
Cryptocurrency
MAS Explains Different Treatment of Binance, FTX
23/11/2022
While both Binance and FTX are not licensed Singapore, only Binance was “actively soliciting users” in Singapore, so it was added to the Investor Alert List.
Reporting & Disclosures
ESMA Proposes New Rules for ESG and Sustainability Labelled Funds
21/11/2022
A fund with ESG-related terms in its name will have to use at least 80% of its investments to meet environmental or social characteristics or sustainable investment objectives.
Supervision & Enforcement
RBNZ Proposes More Intensive Approach to Supervising Insurers
17/11/2022
The RBNZ is consulting on governance, risk management, accountability for key officers, supervisory oversight, and data disclosures.
Trading & Investment
Bursa Malaysia Launches New Portal for Fund Investors
15/11/2022
The platform allows investors to view fund information, compare funds, create watchlists, and communicate with fund managers.
Payments & Settlements
Five ASEAN Central Banks Sign MoU on Payments Connectivity
15/11/2022
The MoU is the first that brings together multiple ASEAN central banks under a single multilateral agreement to enhance cross-border payments.
Credit Risk
PBOC, CBIRC Set Out Rescue Plan for Property Market
15/11/2022
The new measures are being hailed as a “turning point” for the property sector, which accounts for a quarter of China’s economy.
Credit Risk
RBNZ Proposes Rules for Imposing Mortgage Lending Limits
10/11/2022
The earliest date the RBNZ could implement DTI restrictions on residential mortgage lending is likely to be March 2024.
Sustainable Finance
NGFS Launches New Blended Finance Initiative
10/11/2022
The initiative, co-led by MAS and DNB, will result in a “Blended Finance Handbook” and “demonstrative projects”.
Trading & Investment
FIA Urges Careful Use of Circuit Breakers in Energy Markets
10/11/2022
FIA is supportive of using circuit breakers to manage disorderly markets but not as tools to control or cap prices.
Fraud, Scams & Cybercrime
ASIC Sets Out Enforcement Priorities for 2023
07/11/2022
ASIC will target greenwashing, predatory lending and crypto investment scams, along with other “enduring” priorities involving misconduct and systemic compliance failures by large FIs.
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