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.
Fintech / Regtech
BOT, SET Push New Digital Payments Infrastructure on Businesses
30/01/2024
The BOT and SET are promoting the use of a new payment infrastructure called “PromptBiz” to facilitate the digitalisation of the business sector.
Securities / Derivatives
KOFIA to Draw Up Measures to Resolve ‘Korea Discount’
25/01/2024
Measures include inducing listed companies to improve their dividend payout ratios and enhance investment returns for shareholders.
Market Infrastructure
HKMA, PBOC Unveil Policy Measures to Deepen Financial Cooperation
25/01/2024
Securities firms are allowed to sell financial products directly via Wealth Connect and the individual investor quota has been tripled.
AML / KYC
HKMA Proposes to Extend FINEST to Personal Account Data
24/01/2024
The HKMA is seeking to extend FINEST, a bank-to-bank information sharing platform launched in June, to allow sharing of personal account information.
ESG / Sustainability
Hong Kong SFC Outlines Strategic Priorities for 2024-2026
24/01/2024
The SFC will explore potential connect initiatives with other markets, embrace tokenisation of traditional products, and introduce AI in its workflows.
Securities / Derivatives
SFC to Review Brokers’ Internal Controls Next Month
24/01/2024
The circularisation exercise and internal control review will help to identify potential misconduct such as misappropriation of client assets.
Capital / Liquidity
RBNZ Consults on Proposals to Activate DTI Restrictions for Mortgage Lending
23/01/2024
The RBNZ says DTI restrictions will allow the central bank to loosen the LVR settings without increasing risks to financial stability.
Securities / Derivatives
iFast Gets In-Principle Approval to Launch Bond Market in Malaysia
22/01/2024
SGX-listed iFast Corp aims to launch its bond trading services in Malaysia in the second half of 2024.
Market Infrastructure
Cambodia Securities Exchange Introduces USD Settlements
22/01/2024
CSX says investors can now trade local currency stocks but settle their transactions in US dollars, which will increase market accessibility.
ASIC Allows Two Extra Weeks to Register Financial Advisers
19/01/2024
AFS licensees have until 16 February to register their financial advisers. Providing personal advice to retail clients without registration will be subject to regulatory action.
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