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Hong Kong Mandatory Provident Fund Schemes Authority to launch one-stop MPF account enquiry service
The Hong Kong Mandatory Provident Fund Schemes Authority will launch a one-stop eMPF account enquiry service on Oct. 5. Scheme members and eligible representatives will be able to request trustee and scheme names, account numbers and balances, subject to identity, authorization or estate-document checks.
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.
All developments
Last update: 45 min 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.
All updates
315 updates in the past 7 daysThe Norwegian Financial Supervisory Authority has updated its Harmonised Transparency Template reporting guidance for covered bond entities, including reporting scope, completion requirements, deadlines and the required Altinn submission form.
The Financial Supervisory Authority of Norway found shortcomings in DNB’s mortgage underwriting, risk controls and treatment of customers. It assessed that the bank’s interest rate stress testing does not meet regulatory and statutory requirements and called for improvements to debt calculations, automated lending controls, complaints and arrears management. DNB must report its remediation status as of March 31, 2027.
The Financial Supervisory Authority of Norway found that Sparebanken Norge’s governance arrangements are suited to its business, but its new risk management framework was only partly implemented. It called for broader risk coverage, stronger scenario analysis and stress testing, more independent risk reporting and an expanded internal audit function. The bank is implementing corrective measures.
The Danish Financial Supervisory Authority has set a technology agenda through 2030 covering AI, quantum technology, tokenization and financial innovation. It will assess emerging risks, clarify existing requirements and consider expanding its FT Lab regulatory sandbox, with the aim of supporting innovation without adding unnecessary rules or weakening financial stability and customer protections.
The Australian Competition and Consumer Commission has blocked IAG’s proposed acquisition of RAC Insurance, finding it would likely substantially lessen competition in Western Australia’s motor vehicle and home and contents insurance markets. The deal would give IAG estimated market shares of 55% to 65% and 50% to 60%, respectively, while other insurers would be unlikely to provide sufficient competitive constraint.
Kazakhstan’s financial market regulator plans to develop Islamic insurance windows that would let existing insurers offer takaful products without creating separate companies. The operations would require segregated accounts, Sharia compliant investment and governance, and regulatory oversight. Products could be introduced progressively, beginning with core family and general takaful coverage.
The Reserve Bank of Australia found that ASX’s clearing and settlement facilities still partly observed standards covering governance, comprehensive risk management, credit risk and operational risk. It upgraded ASX Clear and ASX Settlement from not observed to partly observed for operational risk after specific CHESS improvements, but said this did not indicate broader progress in ASX’s operational risk management.
The South Korea Financial Services Commission unveiled eight measures to expand P2P credit for individuals and sole proprietors with low and medium credit scores. The plan raises investment limits for qualifying platforms, financial institutions and general investors, while improving maturity extensions and small-business credit assessment. It also strengthens audits, disclosures, advertising controls and arrangements for closing failed platforms.
The Thailand Office of Insurance Commission trained 134 mediators, executives and staff as it shifts consumer protection toward preventing insurance complaints and disputes at source. Its approach emphasizes stronger insurer service and claims standards, compliance with service level agreements and more effective internal complaint reviews before cases escalate.
The Office of the Commissioner of Financial Institutions of Puerto Rico immediately halted Banex International Bank’s operations, revoked its license and appointed a receiver to conduct an orderly liquidation. The regulator found Banex insolvent and unable to meet depositor obligations, citing severe liquidity problems, more than USD 24 million in unverified funds and over USD 18 million in related party receivables. It also proposed USD 534,000 in penalties, subject to administrative proceedings.