Sanday Chongo Kabange

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    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

    NZ Court Fines CBA-Owned ASB Bank for Overcharging Customers

    09/03/2026

    The court found that prolonged system and process failures led to thousands of customers being overcharged for banking and insurance products.

    Tokenisation

    New Zealand Firm Launches Digital Tokens Backed by Physical Gold, Silver

    09/03/2026

    Auckland-based Techemynt is issuing gold and silver-backed tokens, applying national AML laws to direct purchasers of the assets.

    Reporting & Disclosures

    UN Reports Chart Uneven Progress on Gender Equality in Asian Boardrooms

    08/03/2026

    New data shows that while boardroom representation is rising across the APAC, a steep drop-off persists in executive roles and regulatory approaches vary widely.

    Anti-Money Laundering

    Hong Kong AFRC Fines Audit Firms in First-Ever AML Disciplinary Actions

    06/03/2026

    The AFRC sanctioned a PIE auditor and two smaller firms for failures in customer due diligence, risk assessments, and sanctions screening.

    Payments & Settlements

    RBA Warns of Intervention as Industry Stalls on Payments Modernisation

    06/03/2026

    The RBA has signalled it will take action if the industry fails to agree on modernising A2A payments, with new card payment rules also imminent.

    Anti-Money Laundering

    AUSTRAC Issues Guidance on New Powers to Compel AML Examination

    06/03/2026

    AUSTRAC has detailed how it will use new powers to compel individuals to attend examinations and answer questions under oath.

    Tokenisation

    Australia Risks Missing AUD 24bn Digital Finance Opportunity, Report Warns

    06/03/2026

    DFCRC report urges policy reform, warning that regulatory uncertainty and a lack of coordination could cost Australia an AUD 24 billion annual economic opportunity.

    Credit Risk

    Hong Kong Banks Extends Loan Relief for Tai Po Fire Victims

    06/03/2026

    HKMA and HKAB announce extended loan repayment holidays and flexible mortgage arrangements for residents affected by the Wang Fuk Court fire.

    Trading & Investment

    ASX Partners With LSEG to Modernise ASX 24 Derivatives Platform

    06/03/2026

    The partnership will integrate LSEG's low-latency technology to enhance the resilience, performance, and capacity of Australia’s primary derivatives venue.

    Anti-Money Laundering

    Australia’s Federal Court Finds Two Star Execs Breached Duties

    06/03/2026

    A landmark judgment clears seven non-executive directors but finds two senior executives failed in their duties regarding money laundering risks.

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