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
Fintech / Regtech
Federal Reserve, MIT to Develop, Test ‘Hypothetical’ Digital Dollar
16/08/2020
Fed governor Lael Brainard said lessons from the collaboration will be published, and any codebase developed will be offered as open-source software.
Fintech / Regtech
UPDATED – China to Include Beijing, Hong Kong in Digital Yuan Pilot
16/08/2020
The move to expand the digital yuan pilot to major cities including Shanghai, Beijing, Guangzhou and Hong Kong brings coverage to a potential user base of around 400 million.
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.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.