A departing U.S. Securities and Exchange Commission commissioner urged regulators to shift Know Your Customer compliance from broad personal data collection toward attribute based verification and zero knowledge proofs. The commissioner also advocated wider reliance on third party identity checks and regulatory approaches suited to permissionless networks, while reiterating that the SEC’s Innovation Exemption for tokenized securities is a temporary bridge to permanent rules.

The U.S. Securities and Exchange Commission charged CMI Capital and founder Michael D. Williams over an alleged scheme that raised about USD 860,000 from at least 18 investors using fabricated performance claims. Williams allegedly misappropriated about USD 384,000, while trading generated losses of at least USD 428,000. The defendants agreed to proposed injunctions and other relief, subject to court approval, with financial penalties to be determined.

The Financial Action Task Force placed Türkiye in enhanced follow-up after finding strong financial intelligence and international cooperation but material gaps in supervision, beneficial ownership, complex investigations and overseas asset recovery. Türkiye is compliant or largely compliant with 38 of 40 FATF Recommendations, but eight of 11 effectiveness outcomes are rated moderate. A three-year roadmap targets high-risk money laundering cases, terrorist financing controls, targeted sanctions and cross-border asset recovery.

The Czech National Bank used AI to synthesize 463 financial stability reports from 28 European countries covering 2015 to 2025. The analysis maps changing financial risks and compares national use of capital buffers and borrower based measures.

All 11 Democrats on the U.S. Senate Banking Committee called for a bipartisan public hearing on prediction markets rather than a private, Republican-only industry roundtable. They raised concerns about investor exposure, possible Securities and Exchange Commission jurisdiction, market manipulation, insider trading and concentrated profits.

The National Securities and Stock Market Commission of Ukraine discussed cooperation with TheCityUK on AI, tokenized assets, corporate governance and institutional development. Priorities include secure use of AI agents for routine regulatory work, defining the status of tokenized assets and preparing a new Corporate Governance Code with the OECD.

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.