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Central Bank of the UAE and Bank Al-Maghrib sign agreements on supervision, Islamic finance and payment system links
The Central Bank of the UAE and Bank Al-Maghrib signed two agreements covering banking supervision, Islamic finance and cross-border payment connectivity. They will exchange supervisory information and explore links between instant payment platforms, card switches and messaging systems, alongside potential CBDC uses and cooperation on virtual-asset regulation.
Mexico's Ministry of Finance and Public Credit moves Vulnerable Activities certification process to 2027
Mexico’s Ministry of Finance and Public Credit has moved the Vulnerable Activities certification process from 2026 to 2027 following updates to the applicable anti-money laundering framework. The Financial Intelligence Unit will publish the requirements, stages and timetable for the process.
Bermuda Ministry of Finance strengthens investment residency program with enhanced due diligence and BD$25,000 charity donation
Bermuda has strengthened its investment residency program by requiring a minimum BD$25,000 charitable donation, enhanced applicant documentation and risk-based compliance checks. The framework also introduces a BD$10,000 administration fee and greater information sharing, while preserving certificates issued under previous rules.
Ghana Securities and Exchange Commission launches consultation on draft data reporting service provider guidelines
The Ghana Securities and Exchange Commission is consulting on draft 2026 guidelines for securities industry data reporting service providers.
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Last update: 8h agoView 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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314 updates in the past 7 daysThe Central Bank of Iceland kept the countercyclical capital buffer at 2.5%, finding that strong banks and low private-sector indebtedness support financial stability. A cooling economy and housing market could increase pressure on construction companies, while AI-enabled cyberattacks require stronger defenses and coordinated incident preparedness. Offline payment card functionality has now been implemented to strengthen payment resilience.
The Central Bank of Iceland kept the countercyclical capital buffer at 2.5%, with banks remaining highly resilient and profitable. Rising construction exposures and nonperforming loans are increasing systemic risk, though distress is not widespread. Geopolitical uncertainty and AI-enabled cyber threats also require stronger financial infrastructure and fallback arrangements.
Financial Conduct Authority Chief Executive Nikhil Rathi called for wholesale tokenisation to move from pilots to adoption at scale. An upcoming joint roadmap with the Bank of England will set out the transition to established market infrastructure, while the FCA intends to consult on safeguards for relevant tokenised investment assets. Industry feedback highlighted opportunities in post-trade processes and obstacles involving settlement, interoperability and regulatory accountability.
The Danish Financial Supervisory Authority found that insurers and pension companies are advancing their DORA implementation but still have weaknesses in governance, risk management documentation, skills, operational testing and incident learning. Companies with deficiencies must submit remediation plans, while targeted inspections and inadequate progress may result in supervisory action.
The OECD has issued nonbinding guidance calling for consistent transparency standards across retail cross-border payment and remittance providers, instruments and channels. Providers should disclose total costs, foreign exchange charges, delivery times, tracking information and service terms before execution. A review of 41 jurisdictions found widespread cost disclosure rules but substantial gaps in payment tracking and consistent market coverage.
The Basel Committee on Banking Supervision found that capital and leverage ratios for large internationally active banks remained broadly stable at the end of 2025. Full implementation of final Basel III would raise their Tier 1 minimum required capital by an average of 2.2%, with an aggregate capital shortfall of EUR 1.4 billion. All sampled banks exceeded the 100% Liquidity Coverage Ratio and Net Stable Funding Ratio minimums.
The Financial Action Task Force found that Türkiye has strengthened financial intelligence and international cooperation but still has material effectiveness gaps in supervision, beneficial ownership, complex money laundering cases and asset recovery. Türkiye is compliant or largely compliant with 38 of 40 FATF Recommendations, yet eight of 11 effectiveness outcomes are rated moderate. It has entered enhanced follow-up with a three-year improvement roadmap.
The European Supervisory Authorities identified non-EU dependencies, cyber and emerging technology threats, and private credit as key vulnerabilities, while assessing the EU financial system as resilient overall. They called for stronger crisis preparedness, monitoring and stress testing of external and private credit exposures, and early action on risks from artificial intelligence and quantum computing.
The Luxembourg Insurance Commission has published the country’s first assessment of targeted financial sanctions risks related to proliferation and terrorist financing. Luxembourg’s cross-border financial activity creates indirect exposure despite limited direct links to sanctioned countries and actors. Foreign trusts, domestic fiduciary arrangements and certain nonprofit organisations retain very high residual risk, while most regulated financial sectors are rated low after mitigation.
The South Korea Financial Services Commission revoked Shilla Asset Management’s collective investment authorizations and Zenith Investment Advisory’s advisory and discretionary management registrations after inspections found capital, accounting and disclosure violations. The firms received combined fines and penalties of KRW 2.794 billion, alongside dismissal related sanctions concerning current or former executives.