The Federal Reserve Board has proposed a GENIUS Act framework requiring Board-supervised payment stablecoin issuers to maintain full backing with permissible reserve assets and meet capital and risk management standards. A separate proposal would establish a tailored application and review process for supervised banks seeking to issue payment stablecoins.

The National Association of Insurance Commissioners outlined how state regulators are tightening risk based oversight of complex and private investments, external ratings, affiliated relationships and life reinsurance. Measures include a 45% capital charge on residual structured securities, revised year-end 2026 CLO factors and standardized private investment reporting from year-end 2026. Regulators are also reviewing the first Actuarial Guideline 55 reinsurance filings and strengthening asset adequacy analysis for complex holdings.

The Commodity Futures Trading Commission updated its crypto FAQs to address tokenized forms of permitted customer-fund investments and the use of blockchain technology for registrant recordkeeping.

Saudi Arabia's Insurance Authority has barred ACIG from issuing new comprehensive motor insurance policies from Sept. 24, 2026, citing breaches of supervisory and regulatory instructions. Renewals are unaffected, and ACIG remains responsible for existing policies and related claims.

Saudi Arabia’s Capital Market Authority is consulting on a cap of 20 algorithmic orders per executed trade for most Main Market securities. Capital Market Institutions would also face requirements for algorithm governance, testing, supervision, recordkeeping and regulatory reporting, with the final provisions scheduled to take effect on Nov. 1, 2026.

The U.S. Senate Committee on Banking, Housing and Urban Affairs announced the reintroduction of legislation that would make private equity firms and general partners liable for obligations at controlled companies while limiting value extraction and tax advantages. The bill would also strengthen worker protections, expand investor disclosures, restrict firms receiving public funds and curb real estate investment trust involvement in health care.

The Financial Transactions and Reports Analysis Centre of Canada imposed a CAD 82,500 penalty on Caisse Alliance for anti-money laundering and terrorist financing compliance failures. The deficiencies involved compliance policies, high-risk measures, risk assessments and biennial program reviews. The credit union paid the penalty in full, and the case is closed.

The Financial Transactions and Reports Analysis Centre of Canada imposed a CAD 676,500 penalty on UNI Financial Cooperation for reporting, compliance policy and risk assessment failures. The credit union paid the penalty in full, and the case is closed.

The National Bank of Belgium has maintained its countercyclical capital buffer at 1.25% for the fourth quarter of 2026, equivalent to about EUR 3.5 billion. The buffer addresses potential geopolitical and macroeconomic shocks and can be released to support lending during a major downturn. Banks should also ensure their credit risk provisions reflect current uncertainty and adverse scenarios.

Central Bank of Syria Governor Safwat Raslan outlined a fintech vision focused on stability, financial inclusion and regulated electronic financial channels. The bank plans to use its electronic payments and transfers regime to support supervised innovation while developing a model suited to rebuilding and modernizing Syria’s banking sector.

De Nederlandsche Bank highlighted how buy now pay later services can amplify youth debt risks when financial knowledge and age controls are weak. The services are expected to come within credit provision rules from the end of 2026, while participants advocated financial education, clearer payment design and stronger protections for young users.

Dimitrios P. Tsomocos was sworn in as deputy governor of the Bank of Greece, joining Governor Yannis Stournaras and Deputy Governor Christina Papaconstantinou in the central bank’s administration.