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2026-06-24•Italy•Bank of Italy
The Bank of Italy's 2025 ombudsman and complaints reports show fraud-related disputes continuing to rise, even as Banking and Financial Ombudsman complaints fell slightly to more than 13,500. Direct customer complaints to the Bank of Italy rose 8 percent to more than 12,800, mainly because of account blocks and inheritance issues. The ombudsman returned nearly EUR 8 million to customers, while about half of in-scope complaints handled by the Bank of Italy were fully or partly upheld.
Data & statisticsComplaints and dispute resolution
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2026-06-24•Italy•Bank of Italy
The Bank of Italy said Abruzzo's economy grew 0.4 percent in 2025, supported by construction and services, while exports and bank lending recovered. Exports rose 6.9 percent, led by pharmaceuticals, and corporate and household credit both strengthened with credit quality staying broadly favorable. The report also flagged the region's high exposure to the automotive supply chain and said PNRR payments had exceeded half of the funding allocated to Abruzzo.
Data & statisticsEconomic data and developments
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2026-06-24•Italy•Bank of Italy
The Bank of Italy’s annual report says Umbria’s economy grew modestly in 2025, by about 0.5 per cent, with public investment offsetting weak industry, flat services and lower exports. Employment, household income and tourism increased, while the fall in credit to the economy ended by year-end as household lending strengthened but business lending continued to decline. The report says the outlook for the current year has worsened because of rising geopolitical and trade tensions.
ResearchEconomic data and developments
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2026-06-24•Italy•Bank of Italy
The Bank of Italy's annual report says Sardinia's economy grew 0.7 percent in 2025, slower than a year earlier, with public investment and tourism offsetting weak industry and softer external demand. Employment and household credit increased, but unemployment also rose as labour-force participation outpaced job growth. Local public spending rose with PNRR support, while credit quality remained strong and territorial entities' debt fell.
ResearchEconomic data and developments
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2026-06-24•Italy•Bank of Italy
Bank of Italy Deputy Governor Chiara Scotti spoke at the 6th Dolomiti Macro Meeting in Bozen on 20 June 2026. Her address was titled From the winter Olympics to the digital euro: a dialogue between academia and central banks.
Monetary policyMonetary policy assessments & outlooksCBDC
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2026-06-24•Kosovo•Central Bank of the Republic of Kosovo
The Central Bank of the Republic of Kosovo has launched a gender-disaggregated finance dashboard to support financial inclusion policymaking and monitor women’s access to finance. It covers loan volumes and values, interest rates, nonperforming loans, collateralization and rejected loans by gender. Reporting became mandatory through revisions to the Kosovo Credit Registry reporting manual approved in June 2025, with data collection starting in July 2025.
Data & statisticsDiversity and inclusion
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2026-06-24•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission said the UK Sanctions List entry for Mikhail Fridman has been varied, while his Russia sanctions designation remains in place. Firms must check for relevant relationships, freeze any affected assets immediately and avoid making funds or economic resources available except where an authorised derogation or licence applies. Any affected relationship must be reported to the Policy and Resources Committee and then to the Commission under Handbook Rule 12.37.
SupervisionAlertsSanctions list update
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2026-06-24•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission has registered the first Guernsey fund to hold both Natural Capital Fund and Guernsey Green Fund designations. The solar energy fund is the second Natural Capital Fund and the first already recognized as a Guernsey Green Fund. The two labels sit within Guernsey’s Sustainable Funds framework, with the Green Fund segment accounting for about GBP 4.5 billion in assets under management.
SupervisionAuthorisations & approvalsClimate risk and sustainable financeGreen taxonomy
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2026-06-24•Global•International Monetary Fund
The International Monetary Fund has concluded its Article IV consultation with Portugal, saying the economy remains strong but is set to slow, even as inflation moves toward target and public debt falls below 90 percent of GDP in 2025. The IMF said 2026 European Union fund inflows and higher energy prices could require tighter fiscal policy, and it called for targeted energy support, stronger financial stability safeguards and productivity-focused reforms.
Policy & regulationGuidance & interpretation
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2026-06-24•Greece•Bank of Greece
The Bank of Greece said Yannis Stournaras was sworn in as governor and confirmed its administration lineup, with Theodore Pelagidis and Christina Papaconstantinou serving as deputy governors.
Institutional developmentLeadership change & appointmentsOther
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2026-06-24•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority fined EXMAR NV EUR 350,000 for two breaches of Article 17 of the Market Abuse Regulation. The case concerned failures to disclose inside information without delay on 19 May 2020 and 18 June 2020, and the sanctions decision will be published by name.
EnforcementInvestigations & enforcement actionsMarket abuse
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2026-06-24•Global•Financial Action Task Force
The Financial Action Task Force has opened a consultation on draft guidance for implementing its revised Recommendation 16 on payment transparency. The guidance is meant to help countries and firms apply stronger cross-border payment information and fraud-prevention requirements that are due to be implemented by the end of 2030. FATF is seeking views on clarity, newer payment methods, financial inclusion and lower-capacity implementation, and data protection and privacy.
Policy & regulationGuidance & interpretationCross-border payments
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2026-06-24•Europe•European Insurance and Occupational Pensions Authority
The European Insurance and Occupational Pensions Authority's June 2026 Financial Stability Report says European insurers and occupational pension funds remained resilient through recent market volatility, supported by strong solvency and liquidity positions. It identifies geopolitical tensions as the main supervisory concern and also flags risks tied to private markets, less liquid asset valuations, operational resilience and artificial intelligence. Insurers, reinsurers and pension funds all remained broadly stable in 2025, although several market and structural vulnerabilities continue to require monitoring.
SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskClimate risk and sustainable finance
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2026-06-24•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs published remarks by Ranking Member Elizabeth Warren calling on the president to sign the bipartisan 21st Century ROAD to Housing Act. Warren said the bill has passed both chambers and would expand housing supply while limiting private equity purchases of homes to help reduce housing costs.
Policy & regulationRules & requirementsOther
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2026-06-24•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway has sent the Ministry of Finance a draft consultation note to revise Norway's rules on qualified holdings in financial undertakings. The proposals would align authorization, acquisition and enforcement rules more closely with EEA requirements, including repealing the rule that three quarters of capital in banks and insurers must be subscribed without pre-emptive rights. The ministry is expected to launch a consultation, while a separate note on business relationships with qualified owners will follow later.
Policy & regulationRules & requirementsCorporate governance
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2026-06-24•United States•U.S. Financial Services Committee
The U.S. House Financial Services Committee is holding a hearing on payments innovation, the role of banks and fintechs, and special-purpose charters. Prepared remarks from Andy Barr said members will assess whether current chartering and regulatory frameworks provide sufficient clarity and are applied consistently as new payment technologies and providers expand. The review also covers access to payment infrastructure and the obligations attached to different bank and non-bank structures.
Policy & regulationReform agendas & prioritiesPayments and payment systemsFintech and insurtech
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has amended its NBFC concentration risk rules to withdraw exemptions for government owned NBFCs and apply limits based on their regulatory layer. Existing breaches may run off to maturity without new exposure, while some excess exposures can be fully covered through eligible credit risk transfer instruments. The changes also treat certain exposures backed by State Government guarantees as exposures to the guaranteeing state and raise the upper-layer IFC group exposure limit to 45 per cent.
Policy & regulationRules & requirements
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has amended its NBFC governance directions after reviewing rules for upper layer NBFCs under the Scale Based Regulatory Framework. The change exempts NBFC-UL entities that are fully owned and controlled by the government from the relevant provisions and takes effect immediately.
Policy & regulationRules & requirementsCorporate governance
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has amended its NBFC financial statement directions to exempt Upper Layer NBFCs that are fully owned and controlled by the government from the provisions in paragraph 23. The change takes effect immediately from the date of issuance.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-06-24•United States•U.S. Department of Justice
The U.S. Department of Justice said four people have now been sentenced over an insider trading scheme tied to a planned USD 3.2 billion pharmaceutical merger that generated more than USD 600,000 in illegal profits. Board member Rouzbeh Ross Haghighat received 40 months in prison for trading on confidential deal information and tipping others, while Kirstyn Pearl, Seyedfarbod Fabio Sabzevari and James Roberge received six months, 14 months and two months.
EnforcementInvestigations & enforcement actionsMarket abuse
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2026-06-24•Liechtenstein•Liechtenstein Financial Market Authority
The Liechtenstein Financial Market Authority said the Committee on Financial Market Stability concluded at its 29th meeting that the country’s financial center remains stable and resilient overall. The review covered the economic and risk outlook, financial sector developments and selected macroprudential issues, with risks still under close monitoring.
SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskMacroprudential policy and toolsRisk analysis and outlook
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2026-06-24•United States•Federal Reserve Bank of Richmond
The Federal Reserve Bank of Richmond’s latest CFO Survey showed a weaker business outlook, with firms raising 2026 unit cost and price growth projections by 1.1 percentage points and cutting expected real GDP growth to 1.8 percent from 2.1 percent. Special questions found that higher oil prices have lifted costs for many firms, but broader price pass-through would increase much more if oil averaged USD 120 per barrel through the end of the year.
ResearchEconomic data and developments
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2026-06-24•Saudi Arabia•Saudi Arabia Capital Markets Authority
The Saudi Arabia Capital Market Authority said Saaf Capital has completed the commencement of business requirements for Managing Investments and Operating Funds and Advising Activities in the Securities Business under its Dec. 22, 2025 license.
SupervisionAuthorisations & approvalsLicence approval
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2026-06-24•United Kingdom•Financial Conduct Authority
In a speech, the Financial Conduct Authority said it is rethinking regulation for the age of AI, with more emphasis on competition, collaboration and system-wide risk as agentic AI and tokenisation reshape financial markets. The FCA is also testing AI in its own market monitoring, flagged growing resilience risks from third-party dependencies, and signalled further work on tokenised markets and AI practice.
Policy & regulationReform agendas & prioritiesArtificial intelligenceMarket development
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2026-06-24•Norway•Department of Finance (Norway)
The Norwegian Ministry of Finance has transferred to the Financial Supervisory Authority of Norway the power to issue annual accounts regulations for insurers, pension undertakings, banks, mortgage companies and finance companies. The delegation also allows Finanstilsynet to amend the existing annual accounts regulations previously adopted by the ministry.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-06-24•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has amended executive bylaw provisions on additional financial services, including the authority's service fee schedule and rules on client assets, business ethics and securities trading. The Book Eleven trading amendments take effect immediately, while the remaining changes will apply once a new trading commissions and fees structure is issued.
Policy & regulationRules & requirementsTrading
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2026-06-24•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority renewed the collective investment scheme license for the Warba Islamic Kuwaiti Dinar Money Market Fund for three years, effective 9 October 2026. The renewal is renewable and follows an application by Warba Bank.
SupervisionAuthorisations & approvalsLicence approval
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2026-06-24•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has authorized Gulf Capital Investment Company to privately market 161,846 shares of the Cayman-domiciled Ares Core Infrastructure Fund iCapital Offshore Access Fund SPC in Kuwait. The offer is capped at KWD 50 million or its USD equivalent and is limited to professional clients. The license lasts one year from issuance of the authority's certificate, subject to fees being paid within one month.
SupervisionAuthorisations & approvalsLicence approval
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2026-06-24•Georgia•National Bank of Georgia
The National Bank of Georgia said Governor Natia Turnava met the head of the BIS Innovation Hub to discuss fintech, digital finance and payment system developments, with a focus on expanding cooperation. The bank pointed to its involvement in Project Aperta and Project Noor and outlined reforms on digital banks, virtual asset service providers and stablecoins, alongside discussions on tokenisation, central bank digital currencies and cross border payments.
Policy & regulationCooperationFintech and insurtechCBDCPayments and payment systems
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2026-06-24•Georgia•National Bank of Georgia
National Bank of Georgia Vice President Nino Jeladze met Basisbank's shareholders and chief executive to discuss the banking sector, supervision and Basisbank's acquisition of Liberty Bank. The parties said the deal could strengthen competition and support the emergence of a third systemic bank, while also discussing a Georgia-China direct payments and payment systems link project.
SupervisionCooperationCross-border cooperationMarket development
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2026-06-24•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority said it is in the final stage of activating short selling on the Egyptian Exchange and will soon amend the current rule to reflect agreed system changes. The work covers exchange and clearing readiness, broker participation standards and risk controls, including a minimum collateral requirement of 50% of the market value of borrowed securities.
Policy & regulationRules & requirementsTrading
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2026-06-24•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has pushed back the deadline for insurance companies and insurance pools to submit periodic financial statements for the period ended March 31, 2026. Accompanying disclosures and the auditor's report are also covered, with filings now due by June 30, 2026.
Policy & regulationRules & requirementsAuditing
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2026-06-24•Central African Republic•Banking Commission of the Central African Republic
The Banking Commission of the Central African Republic published the results of tender AON/OPIL No. 25/E7/2026-BEAC dated 23 June 2026.
Institutional developmentProcurement
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2026-06-24•Central African Republic•Banking Commission of the Central African Republic
The Banking Commission of the Central African Republic has issued an open national tender for various IT equipment. The procurement is divided into independent lots.
Institutional developmentProcurement
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2026-06-24•Kosovo•Central Bank of the Republic of Kosovo
The Central Bank of the Republic of Kosovo met a World Bank technical assistance mission financed by SECO to advance its work on financial consumer protection and financial education. The cooperation is aimed at strengthening the bank’s framework and aligning new tools with OECD International Network on Financial Education recommendations, relevant European Union frameworks and other international standards.
Policy & regulationCooperationConsumer and investor protectionFinancial literacy and education
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2026-06-24•Italy•Bank of Italy
The Bank of Italy verified the condition and contents of the Crown jewels of the Kingdom of Italy that it has held in custody since 1946, opening the sealed package for the first time in 50 years in the presence of senior government officials and then resealing it.
OtherClient asset custody and safekeeping
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2026-06-24•Russia•Central Bank of Russia
The Central Bank of Russia has outlined a new housing savings agreement that will let individuals save with banks for home purchases, including mortgage down payments, from 1 January 2027. The product requires at least a three-year deposit term and can be paired with a bank loan for the remaining purchase amount if the depositor meets the bank’s criteria. Deposits will be insured up to RUB 10 million per bank.
Policy & regulationImplementation, projects & pilots
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2026-06-24•Russia•Central Bank of Russia
The Central Bank of Russia reported that households’ one-year-ahead inflation expectations fell to 12.4% in June 2026 from 13.0% in May, though they remained elevated, while consumer sentiment improved slightly and companies’ price expectations continued to decline.
Monetary policyMonetary policy assessments & outlooksEconomic data and developments
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2026-06-24•Russia•Central Bank of Russia
The Central Bank of Russia’s May 2026 banking sector data showed 1.5% growth in corporate lending, 0.3% growth in mortgages and a sharp acceleration in consumer lending to 1.4%. Banking sector profit was broadly steady at RUB362 billion. Household bank funds fell, while corporate funds rose strongly, mainly on exporter inflows.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-06-24•France•Bank of France
The Bank of France published a CCSF opinion on mortgage borrower insurance that sets out insurer commitments to prevent coverage gaps when policies are switched, clarify eligibility for medical-free cover under the Lemoine law, and standardize key contract terms. The CCSF also said pre-existing-condition exclusions in policies sold without medical underwriting do not align with the law's objective. Implementation is proposed from Sept. 1, 2026, with broader rollouts through June 1, 2027, and a follow-up review by 2028.
Policy & regulationGuidance & interpretationConsumer and investor protection
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2026-06-24•Central African Republic•Securities and Exchange Commission of Central Africa
The Securities and Exchange Commission of Central Africa held the fifth session of its Permanent Consultation Framework for the Central African Financial Market on June 9 and 10 in Yaounde. Discussions covered the regional market's performance and outlook, operational issues for market participants, and strengthening the common regulatory framework to improve harmonisation, legal certainty and investor protection. The outcomes will feed into the authority's future work on regulatory reform, investor development and market infrastructure.
Policy & regulationCooperationMarket developmentDomestic cooperation
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2026-06-24•Central African Republic•Securities and Exchange Commission of Central Africa
The Securities and Exchange Commission of Central Africa said a second round of commissioner swearing-in has fully constituted its College and brought the authority into full operational capacity. The oath before the CEMAC Community Court of Justice is the legal step that allows commissioners to take office and sit on the College. COSUMAF said it will now focus on regulatory harmonization, investor base development, market infrastructure and market attractiveness.
Institutional developmentLeadership change & appointmentsSupervisory colleges
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2026-06-24•France•France Autorite des marches financiers
France's Financial Markets Authority and the Prudential Supervision and Resolution Authority have published the 2025 activity report of their joint Insurance Banking Savings unit. The report covers customer protection work in banking, insurance and financial services, including scam-risk awareness, monitoring offers and commercial practices, and oversight of financial product marketing.
SupervisionCooperationConsumer and investor protectionFraud and scams
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2026-06-24•France•France Autorite des marches financiers
The French Financial Markets Authority and France's Prudential Supervision and Resolution Authority published their 2025 joint annual report, highlighting intensified work on retail fraud, misleading advertising and product distribution practices. In 2025 they blacklisted more than 1,300 unauthorized names and reviewed more than 4,500 advertisements, while structured products work found opaque and widely varying fees and some distribution failings. The authorities will publish a five-year review of sales practices before year-end and take further supervisory action while preparing firms for new European Union retail investment rules.
SupervisionCooperationConsumer and investor protectionUnlicensed or unauthorized activity
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2026-06-24•India•Securities & Exchange Board of India
The Securities and Exchange Board of India has introduced a lighter NISM certification requirement for investment adviser staff who only perform sales and other non-core services. Those employees must take the NISM Series-XXV-B exam, while staff involved in investment advice must continue with the existing Level 1 and Level 2 certifications. The change applies immediately.
Policy & regulationRules & requirementsLicensing framework and process
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has revised the foreign exchange risk capital framework for commercial banks, replacing the method for calculating Net Open Position and the related capital charge with effect from April 1, 2027. Banks must apply the requirement daily at both consolidated and standalone level, and may exclude certain structural foreign currency positions only under defined conditions. The capital charge remains 9 per cent of the overall Net Open Position calculated under the revised shorthand method.
Policy & regulationRules & requirementsCapital adequacy
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has replaced the AIFI methodology for calculating Net Open Position and foreign exchange risk capital, with effect from April 1, 2027. AIFIs must calculate the charge daily at standalone and consolidated level, may exclude certain structural foreign currency positions subject to conditions, and must hold capital equal to 9 per cent of the overall Net Open Position under the shorthand method.
Policy & regulationRules & requirementsCapital adequacy
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has revised FEMA reporting requirements for authorised persons, including a new FLM-8 format and the removal of prior approval for foreign currency note write-offs above USD 2000. It has also introduced quarterly reporting of franchisee arrangements and MTSS sub-agents, while discontinuing several registers, returns and MTSS-specific filings. The related master directions will be updated separately.
Policy & regulationRules & requirementsRegulatory reporting
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has withdrawn FEMA circulars issued since June 1, 2000 that it found had ceased to operate. The circulars were withdrawn because they had been overtaken by later amendments, had become redundant, overlapped with other directions or had been superseded. Authorised Persons must notify their relevant constituents.
Policy & regulationRules & requirementsForeign exchange policy and markets
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2026-06-24•Kyrgyzstan•National Bank of the Kyrgyz Republic
The Naryn regional office of the National Bank of the Kyrgyz Republic held a lecture for state institution representatives in Naryn on basic financial literacy and financial fraud linked to dropper activity.
Financial literacy & educationFinancial literacy and education
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2026-06-24•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic imposed a KGS 17,500 fine on a Kyrgyz citizen for carrying out unlicensed cash foreign currency exchange operations in Lugovoe village in Chuy region.
EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
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2026-06-24•Europe•European Central Bank
An European Central Bank blog, based on SAFE survey data, said AI adoption among euro area firms exceeded 70% in late 2025 but only 7% used it intensively. The analysis linked intensive use to innovation-focused firms, peer pressure and broader financing needs, especially bank lending. It identified skill shortages, limited business usefulness and system incompatibility as the main barriers to deeper adoption.
ResearchArtificial intelligence
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2026-06-24•Europe•European Central Bank
The European Central Bank's June 2026 Convergence Report found that none of the Czech Republic, Hungary, Poland, Romania or Sweden currently meets all conditions for euro adoption. None of the five is in ERM II, and all still have legal incompatibilities with EU treaty and Eurosystem requirements. Hungary, Poland and Romania also failed multiple economic tests, including inflation, fiscal and long-term interest rate criteria.
Policy & regulationGuidance & interpretationEconomic data and developments
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2026-06-24•Europe•European Central Bank
The European Central Bank published analysis estimating that the war in the Middle East could reduce euro area real GDP growth by around 0.4 percentage points over the first year through higher oil prices. It characterises the shock as larger than the oil move after Russia’s invasion of Ukraine but smaller than during the Gulf War. The ECB says the outcome remains highly uncertain and would worsen if the oil shock persists or spreads through supply chains and gas markets.
ResearchGeopolitical risk
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2026-06-24•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority warned that HKICL has identified a fraudulent website impersonating it and falsely offering protection and support services for FPS transactions. The site is intended to collect personal identification data and bank account details and to steer users to fraudsters posing as customer service staff. HKICL said it is not affiliated with the site and does not directly provide FPS services to individual members of the public.
SupervisionAlertsFraud and scams
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has overhauled customer protection rules for fraudulent electronic banking transactions at rural co-operative banks, effective for transactions from January 1, 2027. The new framework requires mandatory alerts and 24x7 reporting channels, places the burden of proving customer liability on the bank, and provides zero liability where the bank is at fault or where a third-party breach is reported within five days. It also introduces a once-in-a-lifetime compensation mechanism for eligible small-value fraud losses up to INR 50,000.
Policy & regulationRules & requirementsConsumer and investor protection
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2026-06-24•Spain•Bank of Spain
The Bank of Spain said non-financial companies' sales growth slowed to 1.1% in the first quarter of 2026, but ordinary net profit rose 35.7% and return on assets increased to 4.5%. The rebound was driven largely by refining and fuel-related sectors. Excluding energy, refining and fuel wholesale, sales rose 2.7% and ordinary net profit increased 6%.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-06-24•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines told supervised institutions that authorization to offer e-money services belongs only to the BSP-approved entity and cannot be passed through arrangements that let unauthorized parties conduct or appear to conduct regulated activities. Technology, partnership and outsourcing structures must still meet payment system, prudential, risk management and consumer protection rules. The licensed institution remains fully accountable and may face sanctions for breaches.
Policy & regulationGuidance & interpretationLicensing framework and processOutsourcing and third-party risk management
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2026-06-24•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines issued non-binding AI governance principles for supervised financial institutions and recommended that they adopt proportionate AI governance and risk management frameworks. The guidance also covers relevant vendors and outsourced service providers, and sets minimum expectations on transparency, human oversight, fairness, security, lifecycle controls and ongoing monitoring.
Policy & regulationGuidance & interpretationArtificial intelligence
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2026-06-24•Iraq•Central Bank of Iraq
The Central Bank of Iraq said Governor Nizar Nasser Hussein met U.S. chargé d'affaires Joshua Harris to discuss bilateral cooperation and support for monetary and economic stability. The governor stressed implementing the banking reform plan in line with international standards for external transfers and the organization of USD sales, while the U.S. side signaled continued support.
Policy & regulationCooperationDomestic cooperation
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2026-06-24•Serbia•National Bank of Serbia
The National Bank of Serbia's weekly market review says a hawkish Federal Reserve was the main driver of global markets in June 15-19, with the Fed holding rates at 3.50% to 3.75% but signaling that further tightening remains possible. The euro fell 0.92% against the dollar, U.S. two-year Treasury yields rose while 10-year yields slipped, and ECB officials also maintained a restrictive tone. Brent crude dropped 8.52% to USD 80.57 per barrel and gold fell 1.44% to USD 4,155.86 per ounce.
ResearchFinancial and market indicators
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2026-06-24•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission has published a Ministry of Finance draft circular to implement Decree 200/2026 on private corporate bond issuance and trading. The draft would replace two existing circulars and update rules on trading registration, settlement, disclosure, reporting and information sharing for the private corporate bond market. The Ministry of Finance is consulting on the draft, which would not create administrative procedures.
Policy & regulationRules & requirementsSecurities offerings and listings
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2026-06-24•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission has launched an open domestic e-tender for an audit of its overall information technology system project supporting management and supervision. The six-month contract is funded from the state budget, with bids due and opened at 09:00 on July 14, 2026 on the National E-Procurement System.
Institutional developmentProcurementAuditing
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2026-06-24•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission has invited bids for 2026 maintenance of its document management and administration system. The scope includes server support, module and database maintenance, security patching, and software integration. The 365-day contract will be awarded through an open domestic online tender, with bids due at 2 p.m. on July 9 and bid security of VND 5,000,000.
Institutional developmentProcurementOutsourcing and third-party risk management
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2026-06-24•Thailand•Thailand Office of Insurance Commission
The Thailand Office of Insurance Commission is advancing its “Insured Restaurant & Café” project in Songkhla to combine consumer protection with insurance-based risk management for restaurant businesses. Participating venues offer embedded cover for accidents and service-related damage, with an additional label extending protection to food poisoning. The rollout was framed around Songkhla’s large restaurant sector, tourism role and recent disaster experience.
Policy & regulationImplementation, projects & pilotsConsumer and investor protection
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2026-06-24•Denmark•Danish Finanstilsynet
The Danish Financial Supervisory Authority's half-yearly risk outlook highlights geopolitical shocks, stretched housing prices, cyber threats and growing AI use as the main risks for the financial sector. Its H2 2026 supervisory focus will center on lending and housing developments, prioritetslån, cyber resilience and AI-related risk management. The authority will also step up work on pensions, alternative funds, crypto-asset firms and trade-based money laundering.
SupervisionRisk monitoring & watch pointsRisk analysis and outlookSupervision process and methodologies
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2026-06-24•United Arab Emirates•Central Bank of the UAE
The Central Bank of the UAE fined a branch of a foreign bank 20,000,000 after examinations found significant, repeated failures in its AML, terrorist financing, illegal organisations and sanctions framework. It also imposed a 300,000 individual penalty on the head of compliance and money laundering reporting officer for failing to discharge that role's responsibilities.
EnforcementInvestigations & enforcement actionsAML and CFT
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2026-06-24•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway found, in a supervisory review of Ontogeny Corporate Finance AS and its tied agent Pitch 40 AS, that broad liability disclaimers in investor materials breached investor protection requirements. It also found inadequate documentation of risk-based anti-money laundering customer due diligence, including the purpose of the relationship, its intended nature and the source of funds. The firm has revised its disclaimers and documentation processes, and the authority took note of those measures.
SupervisionReviews, inspections & stress testsAML and CFTConsumer and investor protection
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2026-06-24•Norway•Norwegian Finanstilsynet
The Norwegian Financial Supervisory Authority found that SpareBank 1 Sør-Norge has a broadly suitable governance framework, but needs to improve its risk appetite framework, board risk and compliance reporting, and documentation of internal controls. It also said the bank should strengthen follow-up of internal audit actions and reassess the effect of removing second-line control heads from group management. An evaluation of that reorganization is expected by the end of 2027.
SupervisionReviews, inspections & stress testsCorporate governanceRisk management
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2026-06-24•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway found that Storebrand Bank's kron.no website presented sustainability risk ratings as if they measured how sustainable funds were, making the information misleading. It also said the site's treatment of SFDR Article 8 funds could make them appear more sustainable than warranted. Storebrand Bank has changed the website, including removing the carbon risk rating and clarifying that SFDR article labels are not sustainability rankings.
SupervisionReviews, inspections & stress testsESGDisclosures
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2026-06-24•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway found that debt purchasing collection firms had compliance failures in payment demands and amount calculations. Two firms omitted required information, while three firms overcharged debtors through excessive late-payment interest or recovery-cost compensation. The authority said the affected firms must strengthen internal controls, and some cases will need to be restarted.
SupervisionReviews, inspections & stress testsConsumer and investor protection
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2026-06-24•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority suspended trading in Qrf’s financial instruments on Euronext Brussels at the company’s request from 24 June 2026 at 9:00 CET until a press release is published.
SupervisionInterventionsTrading
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2026-06-24•Moldova•National Bank of Moldova
The National Bank of Moldova released a draft document with concordance tables tied to several EU regulatory acts. The notice does not provide further detail on the substance of the draft.
Policy & regulationGuidance & interpretationCapital adequacyPrudential risks
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2026-06-24•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has told the Egyptian Compulsory Motor Insurance Pool to speed up compensation payments after the fatal ring road crash in the Al Salam area. Death compensation is EGP 100,000 per case, while injury compensation depends on the disability percentage determined by the medical commission and the applicable compulsory insurance coverage. Pool representatives will contact families to gather documents and start payments once the file is complete and policy validity is confirmed.
SupervisionInterventionsOther
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2026-06-24•Iceland•Ministry of Finance and Economic Affairs (Iceland)
The Iceland Ministry of Finance and Economic Affairs has released a report by foreign experts on Iceland's currency options and held a conference to present the findings. The report is meant to compare the main options and challenges under different currency arrangements and inform debate on Iceland's future monetary framework. An Icelandic translation is being prepared for publication.
Policy & regulationReform agendas & prioritiesCurrency and cash management
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2026-06-24•Iceland•Ministry of Finance and Economic Affairs (Iceland)
The Iceland Ministry of Finance and Economic Affairs said Alþingi has approved amendments that broaden pension funds' investment powers. The changes are designed to give funds more flexibility to apply the prudent person rule and include wider scope to invest in unlisted assets. The law takes effect on July 1.
Policy & regulationRules & requirements
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2026-06-24•Iceland•Central Bank of Iceland
The Central Bank of Iceland has agreed with the European Central Bank for Iceland to join TIPS, enabling instant settlement of ISK payments in central bank money from 2028. The move will replace Iceland’s current real-time settlement system, make ISK the fifth TIPS currency and add a backup route to support continuity if TIPS is unavailable.
Policy & regulationImplementation, projects & pilotsCross-border paymentsPayments and payment systems
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has issued draft guidance on model risk management for consultation. It sets lifecycle-wide expectations for governance, oversight and controls for all models used by a wide range of regulated entities, including third party and artificial intelligence or machine learning models. Comments are due by July 24, 2026.
Policy & regulationGuidance & interpretationArtificial intelligenceRisk management
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has introduced customer protection rules for fraudulent electronic banking transactions at Local Area Banks, effective for transactions undertaken on or after Jan. 1, 2027. The framework requires transaction alerts, 24x7 reporting channels, complaint handling timelines and clear liability rules, including zero liability in bank-negligence cases and for timely reported third-party breaches. It also creates a one-year compensation mechanism for certain bona fide individual victims with losses up to INR 50,000, paying 85 per cent of net loss up to INR 25,000.
Policy & regulationRules & requirementsConsumer and investor protectionComplaints and dispute resolution
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has overhauled Regional Rural Bank rules on fraudulent electronic banking transactions for transactions from Jan. 1, 2027. The framework gives customers zero liability in bank-fault cases and in third-party breach cases reported within five days, requires faster alerts and complaint handling, and places the burden of proving customer liability on the bank. It also creates a one-time compensation mechanism of up to INR 25000 for eligible small-value losses up to INR 50000.
Policy & regulationRules & requirementsFraud and scamsConsumer and investor protection
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has overhauled the customer protection framework for fraudulent electronic banking transactions at urban co-operative banks, effective for transactions from Jan. 1, 2027. The changes require stronger alerts, 24x7 reporting and time-bound complaint handling, while giving customers zero liability in bank-negligence cases and timely reported third-party breaches. They also introduce a one-time compensation mechanism of up to INR 25000 for certain small-value fraud losses.
Policy & regulationRules & requirementsConsumer and investor protection
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2026-06-24•Global•World Bank
The World Bank has approved USD 450 million for Bangladesh to strengthen deposit protection, supervisory capacity and the foundations for bank resolution and state-owned bank reform. The project also backs an Emergency Liquidity Assistance framework, bank restructuring strategies and upgrades to Bangladesh Bank’s technology, data and cybersecurity capabilities. It comes as the banking sector faces severe stress, with a 32.6 percent non-performing loan ratio and a negative 2.6 percent capital-to-risk-weighted assets ratio.
Policy & regulationImplementation, projects & pilotsCapital adequacyLiquidity riskPrudential risks
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2026-06-24•Global•Network for Greening the Financial System
The Network for Greening the Financial System has issued two reports on how climate change and the transition to net zero affect monetary policy. They say climate shocks and mitigation policies can alter inflation and output and create policy trade-offs for central banks. The analysis finds those trade-offs are smaller under gradual, orderly transition policies and larger when policy is uncertain.
Policy & regulationGuidance & interpretation
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2026-06-24•Global•Financial Standards Planning Board
Financial Planning Standards Board Ltd. has issued new guidance on the use of artificial intelligence in financial planning. It says AI can support client service and efficiency, but planners must retain professional judgment, human oversight and responsibility for advice. The guidance also flags privacy, cybersecurity, and the reliability of AI outputs as key risk areas.
Policy & regulationGuidance & interpretationArtificial intelligence
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2026-06-24•Global•International Financial Reporting Standards Foundation
The International Financial Reporting Standards Foundation said its trustees are in the final stages of selecting the next managing director and IASB chair, with IASB Vice-Chair Linda Mezon-Hutter to act as chair after 30 June 2026 until the new chair takes office. Trustees also advanced the Foundation’s funding strategy and prepared constitutional amendments for consultation later this summer after deciding in 2025 to reduce the size of the IASB and ISSB. Further discussions will continue in July.
Institutional developmentGovernanceLeadership change and appointments
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2026-06-24•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority is consulting on a commitments package from 11 commodity futures day traders after concerns they may have shared sensitive information or coordinated trades. The proposal includes tighter handling of sensitive information, annual competition law training and a GBP 1 million ex gratia payment to the Crisis and Resilience Fund. The FCA has not concluded that competition law was breached and will decide after the consultation whether to accept the commitments and close the case.
EnforcementInvestigations & enforcement actionsMarket abuse
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2026-06-24•Azerbaijan•Central Bank of Azerbaijan
The Central Bank of Azerbaijan left all parameters of the interest rate corridor unchanged on 24 June 2026, citing stabilization of actual and forecast inflation within the target range despite higher external inflation risks from global food, fertilizer, transport and exchange rate pressures. It said annual and core inflation were both 5.6% in May, foreign exchange reserves rose by USD1.2 billion to USD12.7 billion after a buying intervention in January to May, and future corridor decisions will depend on the inflation outlook, macroeconomic dynamics, global scenarios and banking sector liquidity.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-06-24•Russia•Central Bank of Russia
The Central Bank of Russia said retail brokerage clients earned an average annual return of 2.9% in 2023 to 2025, based on portfolios of RUB 10,000 to RUB 10 million. Returns were uneven, with 63% of investors posting gains but most profitable clients still lagging key market benchmarks. The study also found stronger results from unit investment funds and weaker outcomes from derivatives, and said brokers should regularly analyse client returns.
ResearchActivity and performance reporting
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2026-06-24•Jordan•Jordan Securities Commission
The Jordan Securities Commission held a workshop with the Ministry of Digital Economy and Entrepreneurship for capital market institution staff on verifying clients’ and investors’ digital documents through verifier.gov.jo. The initiative implements the amended Electronic Transactions Law and Civil Status Law for 2026 and aligns with government measures to reduce paper-based processes and accept electronic documents in official procedures.
Policy & regulationImplementation, projects & pilotsDigital identity
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2026-06-24•Middle East•Arab Monetary Fund
The Arab Monetary Fund has opened the Fifth Regular Meeting of the Green and Sustainable Finance Network in Arab Countries. The two-day meeting focuses on climate-risk readiness, national sustainable finance frameworks, and the role of financial markets and innovation in expanding green finance. The fund also restated its support for member countries through regional initiatives, technical advice and capacity building.
Policy & regulationCooperationClimate risk and sustainable financeESG
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2026-06-24•Australia•Reserve Bank of Australia
The Reserve Bank of Australia published a research paper on the beta-phase Secured Overnight Funding Index Australia, finding that benchmark noise rises with related-party trades, high market concentration and low transaction volumes. It says alternative transaction-trimming methods could improve SOFIA’s efficiency and robustness, and notes that the Australian Securities Exchange has already adopted most of those findings in the methodology ahead of a possible move to a live benchmark.
ResearchFinancial benchmarks
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2026-06-24•India•Reserve Bank of India
The Reserve Bank of India has amended its agency bank pension directions to strengthen safeguards around recovery of excess government pension payments. Banks must not recover excess amounts without prior notice or the pensioner’s knowledge and consent, and bank-caused overpayments now require immediate reimbursement to the government alongside a board-approved recovery policy. For government-caused overpayments, recovery must follow government instructions, with express authorization needed if funds are taken from the pensioner’s account balance.
Policy & regulationRules & requirementsRecovery and resolution
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2026-06-24•Indonesia•OJK
The Indonesia Financial Services Authority has introduced conduct rules for financial influencers that disseminate information on financial products and services, with the aim of improving information quality and protecting consumers. The framework covers financial education, marketing and recommendations, makes financial services firms responsible for information used in marketing partnerships, and requires licences or competency certification where recommendations fall within regulated activities.
Policy & regulationRules & requirementsConsumer and investor protection
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2026-06-24•Singapore•Monetary Authority of Singapore
The Monetary Authority of Singapore, Clifford Capital and the Private Infrastructure Development Group said the Energy Transition Acceleration Finance partnership has achieved a first close of USD 250 million for its displacement strategy. The blended finance fund will back grid modernisation and other transition infrastructure projects designed to displace fossil fuel-based power generation. MAS and PIDG are the initial catalytic capital providers, with DBS as senior lender and GuarantCo providing a mezzanine guarantee.
Policy & regulationImplementation, projects & pilotsClimate risk and sustainable financeGreen taxonomy
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2026-06-24•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan approved Andrey Kozlyar as a member of the board of directors and independent director of Bereke Bank JSC.
SupervisionAuthorisations & approvalsLicence approval
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2026-06-24•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
Kazakhstan's Agency for Regulation and Development of the Financial Market has developed and pilot tested a new risk based supervisory assessment model for professional participants in the securities market. The model rates firms on investor protection, corporate governance, business model analysis, and protection of client data and assets, and the pilot found gaps in suitability checks, trade surveillance and board oversight. The agency plans to extend the framework across the market this year, including to large brokers, dealers and investment portfolio managers.
SupervisionSupervision approach, priorities & toolkitSupervision process and methodologies
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2026-06-24•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines said banks and e-wallet operators with more than P75 million in monthly online transactions must replace SMS- and email-based OTPs with stronger authentication for high-risk digital transactions by 25 June 2026. Covered firms must also strengthen fraud monitoring to detect suspicious activity, while lower-risk transactions may still use less stringent methods.
Policy & regulationRules & requirementsCyber resiliencePayments and payment systems
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2026-06-24•Europe•European Central Bank
The European Central Bank and the Central Bank of Iceland signed an agreement for Iceland to join TIPS from 2028. That will allow instant payments in Icelandic króna to be settled in central bank money and will make the króna the fifth currency available through the Eurosystem’s TARGET Services.
Policy & regulationCooperationCross-border paymentsPayments and payment systems
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2026-06-24•Thailand•Bank of Thailand
The Bank of Thailand’s Monetary Policy Committee unanimously left the policy rate unchanged at 1.00% on 24 June 2026, saying an accommodative stance remains appropriate as growth has improved but is still low and uneven, while inflation is being driven by temporary supply-side factors. The Committee projects growth of 2.3% in 2026 and 1.8% in 2027 and headline inflation of 2.8% and 1.4% respectively, noting the Thai baht’s depreciation against the USD, subdued credit growth and continued stress among small and medium-sized enterprises and vulnerable households.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-06-24•Iraq•Central Bank of Iraq
The Central Bank of Iraq said its initiative to finance renewable energy systems will continue under the previously approved rules. In a coordination meeting with government and digital transformation bodies, it reviewed application, financing and coordination processes and discussed steps to simplify procedures and address pending requests.
Policy & regulationImplementation, projects & pilotsClimate risk and sustainable financeMarket development