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
Operational Risk
RBNZ Directs Deposit Takers to Enhance Risk Management Practices
05/02/2026
Thematic review uncovered weaknesses, particularly at smaller and non-bank entities, in areas such as setting and using risk appetites, internal audit and risk monitoring and reporting.
Cryptocurrency
Coinbase Accuses Australian Banks of 'Systemic Debanking'
04/02/2026
Coinbase has urged lawmakers to legislate transparency measures, arguing current bank practices threaten competition and innovation in the country.
Operational Risk
New Zealand FMA Identifies Operational Risks at P2P Lending Firms
04/02/2026
A thematic review identified weaknesses in outsourcing due diligence, technology frameworks, and business continuity testing.
Supervision & Enforcement
Australia Unveils Sweeping Audit and Consultancy Reforms
04/02/2026
The reforms include a 100-fold increase in fines for promoting tax exploitation schemes and a plan to merge key standards bodies.
Anti-Money Laundering
Taiwan Proposes New Anti-Fraud Reporting Mechanism for Banks
04/02/2026
The proposals include a new reporting channel to prosecutors and expand the definition of suspicious accounts to combat financial crime.
Cybersecurity
HKMA Unveils Blueprint to Tackle AI, Quantum Risks in Banking
04/02/2026
The plan includes a new cybersecurity baseline and a quantum readiness index to address risks in advanced technology adoption.
Cryptocurrency
Hong Kong Pushes Ahead with Strict Crypto Tax Reporting Rules
04/02/2026
Legislative proposals confirm per-account penalties and personal liability for directors, despite industry warnings of unworkable compliance burdens.
Custody & Infrastructure
SFC Seeks Budget Increase to Boost Headcount for Digital Assets, IPOs
04/02/2026
Six of 18 new positions are designated for digital assets licensing and supervision work as well as the SFC's "ASPIRe" virtual asset roadmap.
Anti-Money Laundering
Hong Kong to Raise Licensing Fees for Money Service Operators
04/02/2026
The government plans to increase licensing fees for money service operators by up to 15 percent, with implementation set for May 2026.
Stablecoins
Hong Kong to Issue First Stablecoin Licences in March
03/02/2026
Eddie Yue said the HKMA plans to grant a "very small number" of stablecoin issuer licences under its new regulatory regime.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.