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.

China's National Financial Regulatory Administration and other agencies set priorities for expanding science and technology insurance across the innovation lifecycle, with a focus on major national projects and technology-focused smaller businesses. Risk protection reached CNY 8.7 trillion from January through August 2026, up 66.9%, while more than 60 insurers now participate. Insurers are expected to improve risk services, data and pricing, and direct more long-term capital toward advanced technology.

U.S. Securities and Exchange Commission staff reminded registrants and auditors to apply rigorous valuation, disclosure and audit practices to private assets, particularly private credit. Management should use market based assumptions, maintain robust calibration and provide tailored disclosures on valuation uncertainty and portfolio risks. The statement also calls for evidence based assessments of net asset value measurements and persuasive audit evidence.

The Hong Kong Securities and Futures Commission urged brokers to strengthen cyber resilience and controls protecting clients’ assets from technology-enabled scams. More than 600 participants joined regulators, police and industry representatives to discuss emerging threats and prevention measures, against a backdrop of HKD 3.58 billion in online investment scam losses last year.

The Hong Kong Mandatory Provident Fund Schemes Authority and eMPF Platform Company Limited have tightened checks on early MPF withdrawal applications using centralized records across schemes. Claimants may need to produce original documents, while incapacity and terminal illness claims require detailed medical diagnoses and practitioner verification. Suspicious applications will be reported to the police.

The Andorran government has approved a common accounting framework for all insurers domiciled in Andorra. The plan covers asset and liability valuation, annual accounts, reporting models and a sector-specific chart of accounts, and will first apply to the financial year ending Dec. 31, 2027.

The Spanish National Securities Market Commission has designated the IBEX 35 as a significant benchmark under the revised EU Benchmarks Regulation, preserving enhanced oversight of the index and its administrator. AFI, SERFIEX, BBVA and MIBGAS will leave the European administrator register from Oct. 1, 2026, but supervised entities may continue using their indices.

The Portuguese Insurance and Pension Funds Supervisory Authority’s first insurance mediation report found that intermediaries accounted for more than 92% of premiums issued in 2025 and received EUR 1.475 billion in remuneration. Supervision identified weaknesses in training, submediator controls and the value offered by some credit protection products, while brokers’ aggregate prudential ratios remained above regulatory minimums.

The Danish Financial Supervisory Authority has strengthened supervision of highly leveraged mortgage bond funds and banks providing them with repo financing. Some funds have leverage above 20 times investor capital, while the largest funds held DKK 208 billion of mortgage bonds at the end of 2025. Scrutiny will focus on fund liquidity and leverage controls and banks’ management of repo related counterparty, concentration and market risks.