
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.
Fintech / Regtech
European Banks Push Ahead with Payments Network Plans
02/03/2021
The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.
Capital / Liquidity
Bangladesh Bank Revises Credit Risk Rating System
01/03/2021
Bangladesh Bank has directed lenders to consider either 2019 or 2020 audited financial statements when determining borrowers’ credit risk ratings for 2021.
Crypto / Digital Assets
BOK to Establish CBDC Pilot System Within March
01/03/2021
The BOK has almost completed the design and technical study of its CBDC, but does not intend to rush into the pilot before undertaking legal and regulatory assessments.
Securities / Derivatives
SZSE Launches Technical Systems for Publicly Offered REITs
01/03/2021
A review system, information disclosure website and offline offering system went live on 1 March, completing the SZSE’s technical preparatory work for a national REITs pilot programme.
Fintech / Regtech
Korea: Supervisory Power Struggle Deepens Between BOK, FSC
25/02/2021
The BOK said it opposes the payment settlement system being used to oversee private transaction data, calling a revision bill proposed by the FSC a “Big Brother law”.
Crypto / Digital Assets
SEC Thailand Considers New Qualifications for Retail Crypto Investors
22/02/2021
The SEC is considering the introduction of screening criteria for retail crypto investors which could include age, trading experience and wealth.
Securities / Derivatives
SEC Thailand Consults on New Rules for Auditors, Audit Firms
17/02/2021
The SEC proposes new rules on the reporting of suspected fraud identified in audits, and to lower entry requirements for auditors in the capital markets.
Crypto / Digital Assets
SEC Thailand Targets Recovery Objective in New Strategic Plan
16/02/2021
The plan includes a ‘recovery and strengthening’ objective, and measures to support the use of liquidity enhancement tools for businesses affected by Covid-19.
Securities / Derivatives
KRX to Ease Requirements for Listing on KOSPI
12/02/2021
The new rules are expected to facilitate the realisation of the “Korean version of Tesla”, the US automaker which listed on the Nasdaq in 2010 based on market cap.
Fintech / Regtech
Japan Finance Minister to Take CBDC Debate to G7 Meeting
11/02/2021
Taro Aso said at a press conference that he thinks it’s important to “thrash out” policy measures regarding digital currency issued by central banks.
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