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
HKMA Calls on Banks to Participate in Cyber Intelligence Platform
03/01/2025
The HKMA welcomed enhancements to the Platform announced by HKAB and called on banks to actively participate in the initiative.
Australia Publishes Ministerial Rules to Implement Global Minimum Tax
23/12/2024
Treasurer Jim Chalmers said the ministerial rules will ensure multinational corporations operating in Australia pay their “fair share of tax”.
Fintech / Regtech
HKMA’s Carmen Chu Urges Banks to ‘Embrace the Opportunities’ of GenAI
22/12/2024
HKMA’s Carmen Chu said banks should foster a culture of “continuous learning” within their institutions and experiment with HKUST’s InvestLM GenAI Platform.
Market Infrastructure
HKMA Requiring Banks to Develop Capability to Switch Between CRAs
20/12/2024
Retail banks must have agreements in place with more than one CRA by Jan 2025 and complete switch-over testing within Q2 2025
Fintech / Regtech
HKMA Announces First Batch of GenAI Sandbox Participants
20/12/2024
15 use cases from 10 banks and 4 technology partners were selected. Technical trials will commence in early 2025.
ESG / Sustainability
HKEX Welcomes Large Carbon Credit Transaction by Cathay Pacific
20/12/2024
Christopher Hui said the transaction sets a benchmark example for more transactions on HKEX’s Core Climate platform to follow.
Market Infrastructure
Hong Kong Forms Working Group to Lead Gold Market Development
20/12/2024
The working group will help to create a comprehensive ecosystem for Hong Kong’s new gold trading market, says Christopher Hui.
ESG / Sustainability
ACCC Issues Final Guidance on Sustainability Collaborations
19/12/2024
The guide informs businesses and other entities about the interaction between Australian competition law and sustainability collaborations.
Crypto / Digital Assets
SFC Issues Circular Offering Clarity on VATP Licensing Process
19/12/2024
VATP applicants can receive conditional licenses with restrictions that can only be lifted after a second-phase assessment process.
Market Infrastructure
ANZ Expands Cross-border Payments Service to More Banks
19/12/2024
The service will allow more than 400 international banks to route inbound cross-border payments through Australia’s NPP.
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