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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 daysThe European Securities and Markets Authority’s 2027 work program moves major initiatives into delivery, including expanded direct supervision, regulatory simplification and the EU’s Oct. 11, 2027 transition to T+1 settlement. ESMA will advance integrated reporting, investor protection and risk-based supervision while overseeing new entities and strengthening crypto-asset, operational resilience and clearing work. It will also expand its use of data and artificial intelligence in supervision.
The European Insurance and Occupational Pensions Authority has reported reporting-template cuts of up to 44% and a roughly one-third reduction in the length of 25 sets of guidelines. It plans to make simplification a continuous principle, supported by proportionality, integrated digital reporting, better-sequenced legislation and more consistent supervision across the EU.
The European Central Bank has adopted revised Eurosystem collateral haircuts for application from Nov. 30, 2026. The framework introduces dedicated schedules for own use covered bonds and retained asset backed securities, while imposing higher haircuts on non-amortising credit claims. It also updates general marketable asset haircuts, issuer categorisation and foreign currency valuation markdowns.
The European Central Bank is inviting a broad range of stakeholders to develop and explore digital euro innovations. Work in 2027 will cover payment features such as integrated receipts and conditional payments, as well as artificial intelligence and public-sector uses. Any decision to issue a digital euro remains contingent on the adoption of relevant EU legislation.
The South Korea Financial Services Commission and Korea Exchange have opened the inaugural three-week Korea Premium Weeks 2026 program, with about 400 participants attending the launch. Events through Oct. 16 will cover market reforms, corporate governance, trading and settlement infrastructure, growth markets and investor meetings.
The Hong Kong Monetary Authority and the Hong Kong Association of Banks have extended credit support for individuals affected by the Tai Po fire. All 28 retail banks will provide an additional six-month grace period on principal and interest for existing loans through May 2027, while Wang Fuk Court mortgage lenders will offer extended and flexible relief linked to affected borrowers’ housing arrangements.
Moldova’s National Commission for Financial Markets reported that primary securities issuance rose 71.8% to MDL 733.76 million in the first half of 2026, led by corporate bonds. Secondary trading value fell 6.9% to MDL 756.16 million, while transaction numbers declined 33.2%. More than 91% of secondary market value was traded outside the regulated market and multilateral trading facility.
The National Bank of the Kyrgyz Republic and the Union of Banks of Kyrgyzstan have signed a charter governing national implementation of the WE Finance Code. The framework covers coordination, accession, data and reporting, with 24 banks, microfinance organizations and industry bodies participating.
The National Securities and Stock Market Commission of Ukraine reviewed financial supervision models across nine jurisdictions and identified common regulatory functions despite differing institutional structures. It also highlighted that it began its first international investigations in August under the IOSCO information sharing framework signed on July 14, 2026.
The Central Bank of Kuwait has launched a national platform to process and monitor private sector wage payments through local banks. The ISO 20022 aligned system supports electronic tracking and early detection of employer noncompliance, with the Public Authority for Manpower responsible for regulatory oversight.
The Thailand Office of Insurance Commission has directed insurers to accelerate flood damage assessments and claims, with clearly verifiable claims expected to be paid within seven days. It also allows premium relief of up to 180 days and calls for initial property payments ranging from THB 10,000 to THB 30,000. Insurers must maintain adequate claims, towing and repair capacity and proactively contact affected policyholders.
The Finnish Financial Supervisory Authority supports targeted simplification of financial regulation where it does not weaken solvency, risk resilience or financial stability. It wants any new competitiveness objective clearly aligned with its supervisory mandate and calls for close monitoring of recent housing finance easing given Finland’s still-high household indebtedness.