A Bank for International Settlements working paper finds that financial factors now drive global imbalances, which reached 41% of global GDP in 2025 across the economies studied. Common proposals such as dollar depreciation or lower trade imbalances would have limited effects, while an equity market correction could reduce imbalances sharply but cause substantial international losses. The paper calls for greater resilience to financial shocks transmitted through cross-border exposures.

The European Central Bank finds that the proposed EU Inc. regime could reduce company law fragmentation and help European firms scale across borders. The optional framework would simplify incorporation, financing, governance and some exit procedures. Its impact will depend on adoption, consistent implementation and further integration of capital markets and other national regulatory frameworks.

The Insurance Regulatory and Development Authority of India is consulting on a simplified distribution architecture, lower insurer expense limits and commissions tailored by product, channel and servicing needs. Life insurer expense limits would fall to 12.5% of Gross Direct Premium Income within five years, while the general insurer limit would decline to 20%. The proposals also strengthen commission disclosure, mis-selling controls and digital distribution infrastructure.

Indonesia’s Financial Services Authority has broadened the framework for issuing and reporting asset-backed participation securities used in secondary housing finance. The rules expand eligible assets and structuring options while strengthening governance, disclosure, reporting and investor protections, and took effect on Sept. 17, 2026.

The Central Bank of the UAE has prohibited all UAE branches of Bank Melli Iran from conducting financial transactions to and from Iran, including trade finance and fund transfers. The action follows findings of noncompliance, including breaches of requirements addressing money laundering, terrorist financing and proliferation financing.

The Reserve Bank of India set export rules for an INR 48.5 billion Export-Import Bank of India credit line financing development projects in Maldives. At least 75% of applicable contract value must be supplied from India, and individual credit agreements must be worth at least INR 5 billion. The facility became effective on Aug. 27, 2026.

The India International Financial Services Centres Authority has allowed registered distributors to offer products and services from regulated entities in the United Arab Emirates, Singapore, Australia and the European Union to investors other than sophisticated investors. The amendment broadens permitted cross-border distribution under the authority’s 2025 capital market intermediaries framework.

Insurance and pension sector firms must obtain prior authorization from the Gaming Supervision Institute for promotional raffles, contests and other random prize mechanisms. The requirement covers insurers, reinsurers, pension fund managers, insurance intermediaries and brokers.

Hong Kong Securities and Futures Commission Chairman Dr Kelvin Wong outlined a capital markets plan focused on renminbi and fixed income markets, Mainland connectivity, and market efficiency and infrastructure. The SFC will support more renminbi products and risk management tools, enhance Connect schemes and prepare for REIT Connect. Reforms will seek to reduce unnecessary barriers while maintaining investor protection, disclosure quality and market resilience.

Hong Kong Securities and Futures Commission Chief Executive Officer Julia Leung detailed plans to expand renminbi markets, Connect schemes and market efficiency under the regulator’s Strategic Action Plan. Targets include renminbi counter trading in southbound Stock Connect by July 1, 2027, REIT Connect in the first half of 2027 and a consultation on streamlined prospectus disclosures. The SFC is also studying T+1 settlement and collateral reforms while maintaining scrutiny of IPO quality and market misconduct.