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

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    AML / KYC

    Vietnam to Develop Legal Framework for Crypto by 2025

    05/03/2024

    The government has directed the Ministry of Finance to develop a legal framework for banning or regulating virtual assets.

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    Market Infrastructure

    ASIFMA Calls for More Enhancements to Wealth Connect Scheme

    05/03/2024

    ASIFMA calls for a further increase in the individual investment quota and a more extensive expansion to the list of eligible products.

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    Crypto / Digital Assets

    Australia: CBA Users Critical of Limits on Crypto-related Transfers

    05/03/2024

    The A$10,000 monthly limit is intended to keep customers safe from fraud and scams, the bank said.

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    Crypto / Digital Assets

    SFC Issues More Warnings About Suspected Crypto Frauds

    05/03/2024

    BitForex, which disappeared with users’ funds last month, was added to the alert list, along with suspicious websites impersonating HashKey and OSL.

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    Securities / Derivatives

    FSC Korea to Amend Rules for Disclosing Insider Transactions

    03/03/2024

    The FSC proposes to exempt certain financial institutions from the ex-ante disclosure requirements for insider transactions.

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    Market Infrastructure

    BNM Consults on Enhanced Product Disclosure Requirements

    02/03/2024

    BNM is consulting on enhanced product disclosure requirements to minimise mis-selling of financial products.

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    Securities / Derivatives

    Thai Stock Exchange to Tighten Rules on Short Selling

    02/03/2024

    The enhanced measures are meant to improve the effectiveness of market supervision and strengthen investor confidence in the SET.

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    Crypto / Digital Assets

    SFC Issues Guidance on Disciplinary Process Under Virtual Assets Regime

    01/03/2024

    The guide describes the SFC’s process for taking disciplinary action, what such action can entail, and who can be subject to such action.

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    Crypto / Digital Assets

    ASIC Secures Orders Preventing Ex-Crypto Boss from Leaving Australia

    01/03/2024

    ASIC is investigating former directors of Blockchain Global Limited over the A$50mn collapse of a crypto exchange they operated.

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    Market Infrastructure

    Korea to Extend FX Market Closing Time from 24 July

    29/02/2024

    Starting 24 July, the domestic FX market will close at 2am local time, a change that is expected to attract more foreign investors.

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