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Bank of Uganda extends large SACCO licensing compliance deadline to March 31, 2027
The Bank of Uganda has extended the deadline for large SACCO licensing and licensed-only dealings by Regulated Financial Service Providers from Sept. 30, 2026, to March 31, 2027. Eligible SACCOs must submit applications within 14 calendar days of the notice and complete licensing by the new deadline, with no further extensions planned.
European Commission launches consultation on financial services right to be forgotten for cancer survivors
The European Commission is consulting on an EU approach to stop past cancer diagnoses from affecting financial service prices or access after a defined period following active treatment. The initiative covers services such as life and health insurance and mortgages, addressing uneven protection across member states.
Central Bank of Ireland cuts Insurance Compensation Fund levy to 0% from January 2027
The Central Bank of Ireland will cut the Insurance Compensation Fund levy from 1% to 0% from Jan. 1, 2027, after the fund repaid its outstanding Exchequer loan. The change will reduce sectorwide collections by about EUR 60 million, and firms must remove separately stated levy charges from policies and installments applying from that date.
Bank of Albania concludes IMF and World Bank financial sector assessment, review finds healthier institutions and stronger oversight
The Bank of Albania has concluded the IMF-World Bank assessment of Albania’s financial sector, which found healthier institutions, stronger oversight and a more diversified system than in 2013-2014. Recommendations focus on resilience, risk management and financing the real economy. Authorities plan to incorporate them into medium-term reforms and EU alignment work.
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Updated just nowView the key developments for the period from September 21 - 27 2026 in the latest Global Regulator & Central Bank News Roundup. Access Regxplora on the go with our new iOS app.
Disclaimer: Summaries are created using generative AI and may contain inaccuracies. Please refer to the original source for authoritative information.
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216 updates in the past 7 daysNational Bank of Moldova First Deputy Governor Petru Rotaru said a stronger capital market should complement bank lending by expanding long-term funding and investment options. He linked the Moldova International Stock Exchange’s potential to modern financial infrastructure, gradual capital-flow liberalization, listing-ready issuers and predictable regulation.
In a National Bank of Moldova podcast, Governor Anca Dragu said the European Banking Authority equivalence assessment is about two-thirds complete and SEPA has saved users nearly EUR 15 million over 11 months. She cited capital and liquidity well above regulatory requirements as evidence that banks can support investment. Investment Agency Director Natalia Bejan said EU integration expands market access and lowers barriers, though investment decisions remain sector-specific.
The Financial Conduct Authority has secured confiscation orders totaling GBP 851,402.27 against two men convicted over a crypto investment fraud that cost at least 65 investors GBP 1,541,799. Recovered funds will be returned to victims, while failure to pay within three months could result in additional prison terms.
The Jamaica Financial Services Commission directed regulated entities to assess their exposure and strengthen controls under Jamaica’s DPRK sanctions regime. Firms should screen relevant parties, monitor transactions, restrict potential freezable assets, obtain required authorizations and maintain evidence of decisions. Boards and senior management are expected to oversee sanctions risks, control testing and remediation.
The International Swaps and Derivatives Association is developing a proof of concept for exchanging tokenized collateral under its documentation, including potential updates to credit support documents and legal opinions. The work is intended to enable continuous margin movement for 24/7 trading, but requires regulatory and legal clarity on custody, capital treatment and cross-border recognition.
The Bank for International Settlements finds that the leverage ratio and output floor perform distinct, complementary roles in the Basel III capital framework. The leverage ratio bound more than 55% of 29 global systemically important banks at end 2025, while a fully phased in 72.5% output floor would bind six of the 13 banks disclosing relevant data. For three of those banks, the leverage ratio would not replicate the output floor’s constraint.
Swift is developing a cross-border pay by alias capability that would allow consumers to send money internationally using mobile numbers, email addresses and other familiar identifiers. The initiative connects participants from domestic systems such as Bizum, PayID and Pix and builds on Swift’s consumer payments framework, which now involves more than 100 banks.
The Securities and Exchange Board of India has consolidated its updated debenture trustee requirements into a new master circular, replacing the August 13, 2025 version. The framework covers trustees’ registration, due diligence, security and covenant monitoring, defaults and other operational obligations, including the October 27, 2026 deadline for segregating activities outside SEBI’s remit.
The People's Bank of China and seven other authorities issued 19 measures to increase financing for priority and underserved parts of the service sector. Financial institutions are expected to adapt lending to light asset businesses, expand credit and capital markets funding, and improve support for producer and consumer services. The framework also strengthens payments, credit reporting, cross-border settlement and fiscal incentives.