A Bank of England staff paper finds that euro area CPI weights may differ from the weights best suited to monetary stabilization because inflation is concentrated in necessity sectors while policy primarily affects discretionary activity and employment. A discretionary inflation rule closes about two thirds of the modeled welfare gap between a CPI rule and Ramsey policy and reduces welfare losses by 9.4% under the estimated distribution of euro area shocks.

The National Banking and Insurance Commission of Honduras approved rules for the Centralized Beneficial Owner Registry, including a 25% ownership threshold, control based identification and ongoing reporting duties. Covered entities must update or confirm information annually, report changes promptly and retain records for five years. Violations may attract fines of up to 500 minimum wages, while registration will begin under a separate administrative act.

An International Monetary Fund departmental paper calls for a coordinated restructuring of China’s local government debt, estimated at 90% of GDP at the end of 2025. It recommends fiscal reforms and stronger financial safety nets before using insolvency procedures to restructure viable financing vehicles and unwind nonviable debt. The central government would lead the process and provide conditional support to affected provinces.

The Bank of Cabo Verde found that the financial system remained resilient in 2025, with bank solvency rising to 25.2% and the nonperforming loan ratio falling to 5.2%. Concentrated funding and exposures to real estate and the public sector remained key vulnerabilities, while severe stress tests identified capital or liquidity weaknesses at several institutions. Cyber, climate and external economic risks also remained material.

The United Arab Emirates Ministry of Finance convened a Customer Council to assess the responsible use of agentic AI across six financial processes. Recommendations from the sessions will guide service redesign and the governance and monitoring of future digital services.

The European Banking Authority is consulting on streamlined standards for supervisory colleges’ joint decisions on institution-specific capital and liquidity requirements. The proposal introduces a single integrated risk assessment report, aligns the process with the revised SREP framework and adds Pillar 2 Guidance and leverage ratio-related requirements and guidance.

The Dutch Authority for the Financial Markets has issued guidance to help mortgage advisers in the Caribbean Netherlands meet statutory standards and provide advice suited to customers’ circumstances. The nonbinding guide provides examples and good practices covering the advice process, affordable housing costs and key financial risks.

Twenty-one CFD firms have closed since 2025 following a Financial Conduct Authority crackdown on firms using UK authorisation to lend credibility to linked overseas businesses, with three more cancelling their permissions. Measures have included trading restrictions, independent reviews and two enforcement investigations.

The European Financial Reporting Advisory Group has recommended postponing the EU review of the IFRS 17 annual cohort exemption until the IASB completes its post-implementation review. It warned that changing or removing the widely used exemption earlier could cause significant costs and unnecessary disruption for insurers.

Tanzania Insurance Commissioner Dr. Baghayo Saqware urged TIBA and the wider insurance sector to align their activities with National Development Vision 2050. He emphasized timely claims payments, quality customer service, ethical conduct and action against fraud as foundations for inclusive and sustainable growth.

The Croatian Financial Services Supervisory Agency and Ministry of Finance consulted industry on the Croatian investment account’s implementation, the transition to T+1 settlement and forthcoming capital markets and insurance changes. The agency also signaled closer scrutiny of EMIR data quality and sought feedback on proposed market practices for the Zagreb Stock Exchange before submission to ESMA.

The Central Bank of Malta’s 2027-2030 strategy prioritizes stronger monetary and macroprudential analysis, financial-sector resilience, secure payments and digital transformation. It will broaden surveillance of emerging risks, strengthen crisis preparedness, support pan-European payment solutions and digital euro readiness, and further integrate sustainability criteria into financial asset management.