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.

The National Bank of the Kyrgyz Republic participated in the first meeting of an interagency commission on information security and cybersecurity. The initiative covers threat assessment, rapid information sharing and stronger coordination to protect financial infrastructure and information systems.

The National Bank of Moldova found adequate financial resilience and no excessive systemic risk at the end of the second quarter of 2026. Financial stress and banking vulnerability measures remained below their thresholds, while direct contagion risk was low. Credit risk remained the main banking exposure, but prudent household lending metrics and strong liquid asset buffers supported banks’ shock absorption capacity.

The European Securities and Markets Authority will begin a digital innovation supervisory priority in 2027, initially focusing on supervised entities’ use of AI and tokenisation. Authorities will map client facing uses, build common supervisory approaches and conduct initial checks on selected firms. The initiative will operate alongside the continuing cyber and operational resilience priority as the ESG disclosures priority closes.

Bank of Spain Deputy Governor Soledad Núñez called on banks to integrate geopolitical risk into strategy, stress testing and risk appetite frameworks, despite strong profitability, capital and liquidity. She highlighted rising housing risks, the need for greater transparency in private credit and the importance of financing energy and technological investment without relaxing credit standards.