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  • 2026-06-08SyriaCentral Bank of Syria

    Central Bank of Syria reviews Idlib banking sector operations and service improvements with provincial officials

    The Central Bank of Syria reported that Governor Safwat Raslan met Idlib Governor Muhammad Abdul Rahman and other officials to review the banking sector in Idlib and the operating mechanisms of local financial institutions. Discussions focused on improving banking service efficiency, addressing operational challenges, enhancing coordination among authorities, and advancing measures to support banking sector stability, monetary stability, and confidence in the Syrian banking sector.

    Policy & regulationCooperationOther
  • 2026-06-08EuropeEuropean Banking Authority

    European Banking Authority launches Discussion Paper on centralised Pillar 3 disclosures for small and non-complex institutions

    The European Banking Authority has issued a Discussion Paper on extending its centralised Pillar 3 Data Hub to small and non-complex institutions, under which the EBA would calculate and publish their Pillar 3 disclosures using supervisory reporting data. The paper outlines the proposed methodology, phased rollout from an initial EU KM1-only publication in Q4 2026 to full Pillar 3 coverage in 2028, and seeks feedback on publication timing, scope expansion and automatic republication. The EBA also released a new Pillar 3 Data Hub FAQ and IT guidance for larger institutions on setting up contacts for automatic publication notifications.

    Policy & regulationImplementation, projects & pilotsRegulatory burden
  • 2026-06-08PeruSuperintendencia de Banca, Seguros y AFP del Peru

    Superintendence of Banking, Insurance and Private Pension Fund Administrators of Peru authorizes Prex Peru as a fully digital credit company and sets a combined minimum capital requirement

    The Superintendence of Banking, Insurance and Private Pension Fund Administrators of Peru has authorized Prex Perú Empresa de Créditos S.A. to operate as a credit company via a fully digital platform, shifting it from a lending and Banking as a Service model to a supervised structure integrating lending, payments and a digital wallet. The model combines credit activities with electronic money issuance, requires minimum share capital equal to the sum of the capital requirements for a credit company and an electronic money issuer, and uses an electronic money account as the main interface for payments and low-value digital loans. Electronic money issuance remains subject to meeting requirements for expanding its authorized operations.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-06-08United StatesU.S. Securities & Exchange Commission

    U.S. Securities and Exchange Commission establishes joint Financial Data Transparency Act data standards and excludes proposed FIGI identifier

    The U.S. Securities and Exchange Commission and eight other federal financial regulators have finalized a joint rule under the Financial Data Transparency Act of 2022 establishing common technical standards for regulatory data, including shared identifiers and machine-readable formats. The rule designates the Legal Entity Identifier, Unique Product Identifier and Classification of Financial Instruments as joint standards, and adopts ISO-based and other established codes for dates, locations and currencies, but does not itself alter reporting obligations. Agencies must adopt these standards individually in future rulemakings, with flexibility to tailor requirements.

    Policy & regulationRules & requirementsRegulatory burden
  • 2026-06-08United StatesFederal Reserve Bank of New York

    Federal Reserve Bank of New York survey shows lower one year inflation expectations and weaker labor market and household finance outlooks

    The Federal Reserve Bank of New York’s May 2026 Survey of Consumer Expectations reports one-year-ahead inflation expectations declining to 3.5%, with three-year and five-year expectations unchanged at 3.1% and 3.0%. Median home price growth expectations rose to 3.5%, while respondents reported weaker labor market prospects, tighter expected credit access, lower expected spending growth, higher perceived debt delinquency risk, and the lowest net optimism about future finances since October 2022.

    Data & statisticsEconomic data and developments
  • 2026-06-08LuxembourgCentral Bank of Luxembourg

    Central Bank of Luxembourg reports April credit institution balance sheets up 0.96% to EUR 1.037 trillion

    The Central Bank of Luxembourg published provisional April 2026 statistics showing the aggregate balance sheet of credit institutions rose 0.96% month on month and 5.34% year on year to EUR 1,036,875 million, driven mainly by higher interbank claims and liabilities. Credit to non-bank customers fell slightly on the month but increased 5.66% over 12 months. Resident non-bank sector deposits rose 0.95% month on month and 6.58% year on year, with deposits from other financial intermediaries accounting for 67.2% of the total and recording the strongest growth in absolute terms.

    Data & statisticsBalance of payments and other external statistics
  • 2026-06-08LuxembourgCentral Bank of Luxembourg

    Central Bank of Luxembourg sets reserve requirement at EUR 6.917 billion for 6 May to 16 June 2026 maintenance period

    The Central Bank of Luxembourg set the reserve requirement for the 6 May 2026 to 16 June 2026 maintenance period at EUR 6,917 million, an increase of EUR 268 million from the previous period. It noted that statistical series on credit institutions’ required reserves are available on its website.

    Monetary policyMonetary policy instruments & operationsMonetary data
  • 2026-06-08LatviaCentral Bank of Latvia

    Central Bank of Latvia working paper finds borrower-based easing for housing renovations preserved stability but did not materially increase energy-efficiency lending

    The Central Bank of Latvia published a working paper assessing whether borrower-based measures can be adjusted to support housing-related energy-efficiency investments without weakening financial stability safeguards, concluding that lower energy costs and higher property values can justify easing borrowing limits while keeping loan risk metrics unchanged. Based on a bank survey of recent easing measures in Slovakia, Hungary and Latvia, the paper finds limited impact on credit portfolio risk and energy-efficiency lending, and recommends combining such adjustments with other policy measures to improve real estate energy efficiency.

    ResearchClimate risk and sustainable financeMacroprudential policy and tools
  • 2026-06-08ItalyBank of Italy

    Bank of Italy and Bank of Albania reaffirm technical cooperation on instant payments and financial statistics

    The Bank of Italy and the Bank of Albania discussed technical cooperation on instant payment systems and the collection, management and use of financial statistical data during a meeting in Rome between Deputy Governor Chiara Scotti and First Deputy Governor Holta Zaçaj. Both central banks reaffirmed their commitment to continue joint projects and support regional financial integration initiatives.

    Policy & regulationCooperationCross-border cooperationPayments and payment systems
  • 2026-06-08RussiaCentral Bank of Russia

    Central Bank of Russia publishes Financial Congress programme focused on long term growth and financial market change

    The Central Bank of Russia has published the business programme for its Financial Congress in St Petersburg on 1–3 July 2026, with an opening plenary on long term growth and the balance of the economy in light of inflation at five-year lows and a lower key rate after tight monetary policy. A second plenary will address technology-driven changes in the financial market, while 21 panel sessions will cover economic issues, monetary policy, financial stability, banking regulation, FinTech, the financial market and global topics.

    OtherMonetary policy decisions and developments
  • 2026-06-08UkraineNational Bank of Ukraine

    National Bank of Ukraine holds Emerging Researcher Forum 2026 for 17 researchers from nine universities

    The National Bank of Ukraine held its Emerging Researcher Forum 2026 in Kyiv, where 17 young researchers from nine universities presented work on fiscal impulse analysis, exchange rate pass-through, lending availability, global agricultural risks, digitalisation of bureaucracy and labour market reintegration of internally displaced persons. Discussions involved NBU representatives, invited experts and IMF Resident Representative Priscilla Toffano, who delivered the keynote lecture, and the jury recognised four papers across poster, practical, methodological and presentation categories.

    ResearchOther
  • 2026-06-08ChinaChina Banking and Insurance Regulatory Commission

    China's National Financial Regulatory Administration meets Hannover Re on insurance sector outlook and financial opening

    The China National Financial Regulatory Administration reported that deputy head Cong Lin met Hannover Re Supervisory Board Chair Torsten Leue to discuss the outlook for China’s insurance industry and further opening of the financial sector. The parties also discussed Hannover Re’s development in the Chinese market.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-08OmanOman Financial Services Authority

    Oman Financial Services Authority expands Dhamani to pharmacies, enabling a fully electronic prescription-to-claims journey

    The Oman Financial Services Authority said Dhamani has started integrating pharmacies into its health insurance platform, enabling electronic prescriptions to move directly between healthcare providers, pharmacies and insurers. Phase II has reached about 60% connectivity and 271 registered pharmacies, while supporting digital approvals, claims and settlements. The authority said the process can cut paper-based procedures by up to 98%.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-06-08FranceFrance Autorite des marches financiers

    French Financial Markets Authority launches consultation on draft recommendation for money market fund liquidity

    The French Financial Markets Authority has launched a public consultation on a draft recommendation on money market fund liquidity. The initiative follows European and international work after the March 2020 market tensions and recent European Commission publications on the application of the Money Market Funds Regulation.

    Policy & regulationGuidance & interpretationLiquidity risk
  • 2026-06-08United StatesNational Credit Union Administration

    National Credit Union Administration finalizes rule allowing federal credit unions to reimburse dependent care costs for officials

    The National Credit Union Administration has issued a final rule amending its reimbursement regulations to permit federal credit unions to treat dependent care costs as reasonable expenses for officials. The rule, which applies to all federal credit unions including corporate federal credit unions but not federally insured state-chartered credit unions, is intended to give boards greater flexibility to adopt family-friendly reimbursement policies tailored to their operations.

    Policy & regulationRules & requirementsCorporate governance
  • 2026-06-08United StatesNational Credit Union Administration

    National Credit Union Administration adopts interim final rule preempting state laws on federal credit union non interest fees including interchange fees

    The National Credit Union Administration has issued an interim final rule clarifying that federal credit unions may impose non-interest charges and fees, including interchange fees, under the Federal Credit Union Act and that state laws affecting such fees are preempted. The rule confirms NCUA’s exclusive authority over these fees, including those set by third parties, and aims to remove uncertainty and align treatment with national banks after a similar rule by the Office of the Comptroller of the Currency.

    Policy & regulationRules & requirementsPayments and payment systems
  • 2026-06-08IndonesiaOJK

    Indonesia Financial Services Authority briefs OECD accession mission on insurance and pension reforms including policyholder guarantee and new solvency framework

    The Indonesia Financial Services Authority reported that an OECD fact-finding mission on insurance and pensions praised Indonesia’s reform agenda in its OECD accession process. The authority highlighted reforms to strengthen consumer protection and financial resilience, including a Policyholder Guarantee Program under the 2023 Law on Financial Sector Development and Strengthening, adoption of IFRS 17 via PSAK 117, a new risk-based solvency framework, enhanced actuarial capacity, and greater use of AI and digital tools in supervision.

    Policy & regulationReform agendas & prioritiesSupervision process and methodologies
  • 2026-06-08Cape VerdeBank of Cape Verde

    Bank of Cape Verde holds Mojaloop hackathon to support national instant payments infrastructure development

    The Bank of Cape Verde, with the AfricaNenda Foundation and ThitsaWorks, ran a Mojaloop hackathon under its Inclusive Instant Transfers System project to support development of a national instant payments infrastructure. The event focused on interoperability, provider integration and QR code payments while helping identify potential system integrators.

    Policy & regulationImplementation, projects & pilotsPayments and payment systemsFintech and insurtech
  • 2026-06-08Cape VerdeBank of Cape Verde

    Bank of Cape Verde reports IMF staff level agreement on eighth ECF and fourth RSF reviews

    The Bank of Cape Verde said an IMF mission reviewing Cape Verde’s Extended Credit Facility and Resilience and Sustainability Facility ended with a staff-level agreement on the policies needed to complete the eighth ECF review and fourth RSF review. Board approval is still required and could lead to further disbursements. The review covered program targets, structural reforms, climate resilience measures, monetary policy, financial stability, reserves, fiscal execution and public debt.

    Policy & regulationImplementation, projects & pilotsEconomic data and developmentsFinancial stability and systemic risk
  • 2026-06-08Cape VerdeBank of Cape Verde

    Bank of Cape Verde reports IMF Spring Meetings engagement on technical cooperation and agreement to establish a Portuguese speaking central bank network

    The Bank of Cape Verde said its participation in the IMF Spring Meetings focused on bilateral engagement with IMF departments and on identifying technical assistance and training needs. Discussions covered technical and institutional cooperation, economic governance, macroeconomic stability and digitalization. The delegation also joined a Banco de Portugal meeting where participants agreed to establish a network of central banks from Portuguese-speaking countries.

    Policy & regulationCooperationCapacity buildingDomestic cooperation
  • 2026-06-08SwedenRiksbank

    Sweden's Riksbank outlines SEK 3.3 billion renovation of Stockholm headquarters starting after summer 2027

    The Riksbank plans an extensive renovation of its Stockholm headquarters at Brunkebergstorg, with an initial cost estimate of SEK 3.3 billion including replacement premises. The project will replace end-of-life technical systems, upgrade security and working environment standards, and adapt the building while respecting its highest-level cultural heritage protection. Operations will relocate to premises on Klarabergsgatan and Sveavägen during the roughly four-year construction period starting after summer 2027.

    Institutional developmentProcurementOther
  • 2026-06-08EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority outlines June launch of futures on listed bank and real estate shares and near completion of short selling rules

    The Egypt Financial Regulatory Authority outlined the next phase of capital market development, including June’s launch of futures on listed bank and real estate shares, completion of the regulatory and operational framework for borrowed securities sales, and activation of market makers. The authority is amending Capital Market Law executive regulations to expand eligible collateral and developing Arabic and English market data services and investor awareness initiatives amid rising trading activity and a younger investor base.

    Policy & regulationImplementation, projects & pilotsMarket developmentSecurities offerings and listings
  • 2026-06-08GlobalInternational Monetary Fund

    International Monetary Fund completes North Macedonia Article IV consultation and urges tighter fiscal and monetary policy

    The IMF Executive Board’s Article IV consultation for North Macedonia projects growth of 3.5 percent in 2025, slowing to 3.1 percent in 2026, inflation at 4.5 percent, and public debt near 60 percent of GDP. Directors urged rebuilding policy buffers via credible fiscal consolidation, cutting the deficit to 3.5 percent of GDP in 2026, maintaining a restrictive monetary stance to contain inflation and protect the exchange rate peg, and using macroprudential tools to curb rapid credit growth and real estate risks. They also called for stronger tax administration, tighter wage and pension control, more efficient public investment, targeted temporary energy support, better fiscal transparency and SOE governance, and further reforms in banking legislation, AML/CFT, labor markets, energy, governance, and anti-corruption.

    Policy & regulationPeer reviews and country evaluationsEconomic data and developments
  • 2026-06-08United KingdomFinancial Conduct Authority

    Financial Conduct Authority outlines revised Money Market Fund reforms with 40% and 20% weekly liquidity expectations

    The Financial Conduct Authority has outlined its revised approach to new UK money market fund rules after the Government’s decision to replace the current UK Money Market Funds Regulation, scaling back previously proposed liquidity increases. It will retain existing statutory minimum daily and weekly liquid asset requirements, introduce a new resilience rule with guidance that stable net asset value funds should hold 40% and variable net asset value funds 20% in weekly liquid assets, and proceed with proposals to delink liquidity thresholds from fees and gates and to strengthen Know Your Customer requirements. The FCA plans to align final rules with Government repeal legislation expected by end-2026, supported by a policy statement and interim final guidance on weekly liquid asset levels.

    Policy & regulationGuidance & interpretationLiquidity risk
  • 2026-06-08United KingdomFinancial Conduct Authority

    Financial Conduct Authority starts civil proceedings against Neil Woodford and W4.0 over alleged unauthorised investment advice and financial promotions

    The Financial Conduct Authority has commenced civil proceedings against Neil Woodford and W4.0, alleging they provided regulated investment advice and made financial promotions via the subscription-based platform www.w4pz.com without authorisation, in breach of sections 19 and 21 of the Financial Services and Markets Act 2000. The FCA is seeking an injunction to stop the activities, noting that W4.0 is the trading name of W Four Point Zero FZE LLC, registered in the United Arab Emirates.

    EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
  • 2026-06-08GlobalIOSCO

    International Organization of Securities Commissions publishes final recommendations updating secondary market disclosure guidance for listed entities

    The International Organization of Securities Commissions has issued final non-binding Recommendations for Secondary Market Disclosure, providing regulators with a consolidated framework to review and refine ongoing disclosure rules for listed entities. The report updates IOSCO’s previous guidance to support more consistent application of Principle 16, with recommendations on disclosure principles, content, governance and controls, while preserving flexibility for different legal frameworks and market structures.

    Policy & regulationInternational standards & recommendationsDisclosures
  • 2026-06-08GlobalWorld Federation of Exchanges

    World Federation of Exchanges launches consultation on draft Transition Equity Principles for exchange designations tied to credible decarbonisation pathways

    The World Federation of Exchanges has launched a consultation on draft Transition Equity Principles, a framework for exchanges to create Transition Equity Designations for listed companies on credible decarbonisation pathways. The principles aim to improve capital access for companies pursuing decarbonisation, provide investors with decision-useful information on transition pathways, and bring greater clarity, consistency and rigour to transition equities, building on the WFE Green Equity Principles and Practical Guide for Issuers on Transition Finance.

    Policy & regulationInternational standards & recommendationsClimate risk and sustainable financeDisclosures
  • 2026-06-08Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority alerts public to bank-reported phishing websites fraudulent login screens emails and other scams

    The Hong Kong Monetary Authority warned the public about scam-related press releases issued by banks following reports of fraudulent websites, fake internet banking login screens, phishing emails and other scams. It reiterated that banks do not send SMS or emails with embedded hyperlinks for transactions or request login or one-time passwords, and advised anyone who has shared information or transacted in response to such scams to contact their bank and report the case to the Crime Wing Information Centre of the Hong Kong Police Force.

    SupervisionAlertsFraud and scams
  • 2026-06-08CroatiaCroatian Financial Services Supervisory Agency

    Croatian Financial Services Supervisory Agency signs cooperation agreement with Croatia’s State Attorney’s Office on financial market enforcement

    The Croatian Financial Services Supervisory Agency signed a cooperation agreement with the State Attorney’s Office of the Republic of Croatia to support financial system stability and strengthen coordination in financial market cases. The agreement focuses on capital market protection, prevention of insider trading and related money laundering, confiscation of unlawfully obtained proceeds, and protection of Croatia’s financial interests through faster information exchange and mutual expert and technical assistance.

    SupervisionCooperationCross-border cooperation
  • 2026-06-08Bosnia and HerzegovinaCentral Bank of Bosnia and Herzegovina

    Central Bank of Bosnia and Herzegovina launches World Bank backed productivity modelling project for firms and industries

    The Central Bank of Bosnia and Herzegovina has launched a World Bank technical assistance project, funded by an EU grant, to develop company- and industry-level productivity modelling. Business register data will be used to measure and decompose productivity, analyse its drivers and labour market effects, and feed into a satellite model to calibrate macroeconomic projections, including potential GDP and the GDP gap. Initial analysis will use an anonymous company sample, with plans to expand coverage and support business environment and labour market policies.

    Research
  • 2026-06-08EuropeEuropean Banking Federation

    European Banking Federation urges policymakers to preserve a strong and predictable EU ETS to support private capital mobilisation

    The European Banking Federation set out priorities for European Union climate policy, stressing that mobilising private capital depends on regulatory certainty and a strong, credible and predictable European Union Emission Trading System. It argued that stable policies reduce risk and financing costs, while measures that weaken policy consistency, predictability or the carbon price signal would slow clean technology deployment and undermine confidence in the Emission Trading System beyond 2030.

    Policy & regulationReform agendas & prioritiesCarbon marketsClimate risk and sustainable finance
  • 2026-06-08EstoniaCentral Bank of Estonia

    Central Bank of Estonia reports EUR 148 million first quarter current account deficit as export growth slows

    The Central Bank of Estonia reported that exports and imports of goods and services grew by 2.8% in the first quarter, with a current account deficit of EUR 148 million (1.4% of GDP), narrower than a year earlier as a larger services surplus offset a wider goods deficit. It attributed softer foreign trade momentum to higher global uncertainty and goods supply disruptions following the war between the USA and Iran. Goods trade was driven by machinery, equipment and defence-related imports, while services exports rose on strong business and travel services despite weaker computer and transport services.

    Data & statisticsBalance of payments and other external statistics
  • 2026-06-08SerbiaNational Bank of Serbia

    National Bank of Serbia explains EURIBOR outlook and borrower protections for euro indexed loans

    The National Bank of Serbia published an explainer on EURIBOR, outlining how it is set, recent movements, and its impact on monthly payments for euro-indexed variable-rate loans in Serbia. It reports the three-month EURIBOR at 2.27% and the six-month at 2.55%, notes that most such loans reference these tenors plus a fixed margin, and highlights that future EURIBOR paths will depend mainly on European Central Bank decisions amid higher euro area inflation and weaker GDP. The article reiterates borrower protections under the March 2025 Law on the Protection of Financial Services Users, which permanently caps rates on housing and other retail loans.

    Financial literacy & educationFinancial benchmarks
  • 2026-06-08GlobalBank for International Settlements

    Bank for International Settlements working paper finds US digital banks pay higher deposit rates and pass through policy changes faster especially where Twitter use is higher

    The Bank for International Settlements published a working paper finding that US digital banks pay higher retail deposit rates than traditional branch-based banks and adjust them more strongly to changes in the Federal Reserve policy rate, especially for savings and small time deposits. The study reports asymmetric pass-through, with stronger reactions when policy eases, and shows that higher Twitter usage is associated with larger deposit rate increases by digital banks after policy rate hikes, suggesting faster information flows intensify deposit competition.

    ResearchFintech and insurtech
  • 2026-06-08BrazilCentral Bank of Brazil

    Central Bank of Brazil announces third financial education meeting in São Paulo on 12 June with Aprender Valor awards

    The Central Bank of Brazil will hold its third Financial Education Meeting on 12 June in São Paulo, focusing on the challenges posed by longer life expectancy and more complex financial choices. The event, organized with market and public-sector partners, will also host the Aprender Valor awards recognizing public schools, teachers and school systems for promoting financial education.

    Financial literacy & educationFinancial literacy and education
  • 2026-06-08DenmarkDanish Finanstilsynet

    Danish Financial Supervisory Authority publishes report highlighting weaknesses in banks’ management of ESG related credit risks

    The Danish Financial Supervisory Authority published a cross-cutting report on its 2025 inspections of the largest Danish banks, finding they must strengthen identification, analysis and management of credit risks linked to environmental, climate, social and governance factors. The report highlights weaknesses in identifying physical and transition risks, portfolio analysis and embedding ESG-related credit risk in credit policies and procedures, and sets expectations on materiality-focused ESG analysis, robust scenario work, targeted data collection and integration into credit assessments.

    SupervisionReviews, inspections & stress testsESG
  • 2026-06-08PortugalPortuguese Insurance Regulator (ASF)

    Portugal's Insurance and Pension Funds Supervisory Authority and Macao Monetary Authority launch online training platform for Lusophone insurance supervisors

    Portugal's Insurance and Pension Funds Supervisory Authority and the Macao Monetary Authority have launched an online training platform for insurance supervisors from Portuguese-speaking members of the Association of Lusophone Insurance Supervisors. The platform, available via website and mobile app, implements an April training cooperation protocol and aims to strengthen technical capacity and professional exchange among Lusophone insurance supervisors, with further joint initiatives planned in insurance and other financial sectors.

    Policy & regulationImplementation, projects & pilotsCapacity buildingCross-border cooperation
  • 2026-06-08KazakhstanAgency for Regulation and Development of the Financial Market of the Republic of Kazakhstan

    Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan publishes draft rules for financial ombudsmen appointments operations and consumer complaint handling

    The Agency for Regulation and Development of the Financial Market of Kazakhstan has issued a draft resolution establishing the operating framework for financial ombudsmen and the financial ombudsman service, implementing Kazakhstan’s law on state regulation, control and supervision of the financial market. The draft sets procedures for appointing and removing ombudsmen, defines the organization and powers of the ombudsman service, and regulates the handling and review of consumer complaints, including data protection and decision-making.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-06-08EuropeEuropean Systemic Risk Board

    European Systemic Risk Board awards 2026 Ieke van den Burg Prize to Banking on inattention paper

    The European Systemic Risk Board awarded the 2026 Ieke van den Burg Prize for research on systemic risk to “Banking on inattention” by Xu Lu and Lingxuan Wu, following peer review by the Advisory Scientific Committee. The paper will be presented at the tenth annual ESRB conference, while three runners-up were recognised and a selection of submitted papers will be published in the ESRB Working Paper Series.

    ResearchFinancial stability and systemic risk
  • 2026-06-08AustriaAustrian National Bank (OeNB)

    Austrian National Bank signs security partnership with the Ministry of the Interior and launches nationwide fraud awareness project

    The Austrian National Bank has entered a security partnership with Austria's Ministry of the Interior and launched a nationwide rollout of the "Generations together safely" project to raise awareness of secure payments and financial fraud, particularly in digital environments. The initiative targets school pupils and older people through project days in schools and senior facilities, where police and teachers provide guidance and conduct a voluntary phishing simulation to assess impact.

    Financial literacy & educationFinancial literacy and education
  • 2026-06-08United KingdomUK Parliament

    UK Parliament Housing, Communities and Local Government Committee calls for consultation on stamp duty alternatives by end-2026

    The UK Parliament Housing, Communities and Local Government Committee has urged the government to reform Stamp Duty Land Tax as part of wider support for first-time buyers, including a consultation on alternatives by 2026 and coordination with council tax changes. The report calls for options such as a revenue-neutral replacement, lower rates, revised bands and updated reliefs, and for assessment of revenue, market friction, progressiveness and fairness. It also recommends stronger council powers over long-term empty homes, annual homebuilding targets, and a new homeownership savings product to replace the Lifetime ISA without a static property price cap.

    Policy & regulationReform agendas & priorities
  • 2026-06-08GlobalUnited Nations Environment Programme Finance Initiative

    United Nations Environment Programme Finance Initiative invites banks and insurers to co-design One Ocean Finance for ocean-dependent sectors

    The United Nations Environment Programme Finance Initiative warned that ocean biodiversity loss and marine ecosystem degradation are becoming financially material for banks and insurers and invited financial institutions to help design One Ocean Finance, a UN-led initiative to mobilize capital toward a sustainable ocean economy, initially focusing on port infrastructure and shipping finance. The article outlines a three-horizon approach for integrating ocean risks into pricing, risk models and governance, citing emerging monitoring tools, the High Seas Treaty and rising legal exposure, and contrasts USD 5 billion of blue-labelled issuance in 2018–2021 with an estimated blue investment opportunity of more than USD 3 trillion through 2050.

    Policy & regulationImplementation, projects & pilotsClimate risk and sustainable finance
  • 2026-06-08United KingdomFinancial Conduct Authority

    Financial Conduct Authority warns on misleading motor finance claims adverts and tells firms to remove them

    The Financial Conduct Authority has warned about misleading social media adverts by claims management companies and law firms promoting motor finance claims, including misuse of logos and public figures and failure to explain that consumers can claim for free. Firms must remove misleading content and may need to unwind contracts at no cost, with exit fees required to be reasonable. The warning is part of a wider intervention and joint regulatory taskforce response, under which the FCA has overseen the removal or amendment of over 1,000 adverts, enabled more than 28,000 consumers to exit contracts free of charge, secured fee reductions at three firms, imposed voluntary requirements on 10 firms, and opened two enforcement investigations.

    SupervisionAlertsConsumer and investor protection
  • 2026-06-08United KingdomFinancial Conduct Authority

    UK Financial Conduct Authority launches AI Input Zone survey and says it will not introduce new AI specific rules

    The Financial Conduct Authority set out its approach to artificial intelligence in financial services, confirming it will not introduce AI-specific rules and will instead apply existing frameworks such as the Consumer Duty, the Senior Managers and Certification Regime, and governance and controls expectations. It launched an AI Input Zone survey under its AI Lab to collect evidence on AI use cases, barriers, areas needing further clarity and emerging risks, and plans to publish examples of good and poor practice in 2026, alongside ongoing Supercharged Sandbox and AI Live Testing initiatives and the forthcoming Mills Review on the long-term impact of AI.

    Policy & regulationGuidance & interpretationArtificial intelligence
  • 2026-06-08United KingdomFinancial Conduct Authority

    Financial Conduct Authority secures GBP 452,286.80 confiscation order against Daniel Pugh over GBP 1.3 million Ponzi scheme

    The Financial Conduct Authority has secured a confiscation order of GBP 452,286.80 against convicted fraudster Daniel Pugh, who defrauded investors of GBP 1.3 million through a Ponzi-style scheme. The amount reflects assets available for recovery and will be used to compensate victims, with Pugh ordered by Southwark Crown Court to pay within three months or face a default prison sentence of up to four years and nine months.

    EnforcementInvestigations & enforcement actionsFraud and scams
  • 2026-06-08IrelandCentral Bank of Ireland

    Central Bank of Ireland sets funds sector resilience and innovation priorities and launches money market fund liquidity consultation

    The Central Bank of Ireland’s Deputy Governor McMunn outlined priorities for the funds sector, highlighting geopolitical risk, technology-driven change, resilience and regulatory adaptation, and announced a joint consultation with French and Luxembourg authorities on national guidance for money market fund weekly liquid asset levels aligned with European Commission resilience metrics. He set expectations for firms’ use of artificial intelligence and tokenisation, emphasising explainability, clear accountability and human oversight, and reiterated the Bank’s focus on leverage, liquidity mismatch, stress testing, operational resilience and governance. McMunn also noted ongoing investment in supervisory data and analytics, efforts to simplify regulation and supervision, and plans to publish the supervisory review of delegation practices in Irish fund management companies next month.

    Policy & regulationGuidance & interpretationMarket development
  • 2026-06-08United Arab EmiratesMinistry of Economy (UAE)

    United Arab Emirates Ministry of Economy and Tourism warns private joint-stock companies to hold annual general meetings by 30 June 2026 or face fines up to AED 10 million

    The United Arab Emirates Ministry of Economy and Tourism told private joint-stock companies with a 31 December 2025 year-end to hold their annual general meetings by 30 June 2026. Missing the deadline can lead to escalating sanctions from warnings to fines of up to AED 10 million, and the meeting is also required for renewal of the company’s registration. Related ministry services, including AGM approval requests, are now digital and immediate unless special decisions need further review.

    Policy & regulationRules & requirementsAccounting and financial reportingCorporate governance
  • 2026-06-08MacaoMonetary Authority of Macao

    Monetary Authority of Macao brings ASEL online training platform into operation for Lusophone insurance supervisors

    The Monetary Authority of Macao has launched the ASEL Online Training Platform, developed with Portugal’s Insurance and Pension Funds Supervisory Authority, to expand remote professional training for members of the Association of Portuguese-speaking Insurance Supervisors. The platform, available via website and mobile app, aims to improve access to training and support exchange of insurance supervisory knowledge, and follows a cooperation protocol on training technical staff signed in April.

    Policy & regulationCooperationCapacity buildingCross-border cooperation
  • 2026-06-08IndonesiaBank Indonesia

    Bank of Indonesia reports end May 2026 reserve assets of USD144.9 billion down from USD146.2 billion

    Bank of Indonesia reported official reserve assets declined to USD144.9 billion at end-May 2026 from USD146.2 billion at end-April, reflecting global bond issuance, tax and services receipts, external debt repayments, and Rupiah stabilisation operations amid market uncertainty and seasonal foreign exchange demand. The reserves cover 5.6 months of imports, or 5.5 months including government external debt service, which the central bank said remains sufficient to support external resilience and macro-financial stability.

    Data & statisticsBalance of payments and other external statistics
  • 2026-06-08Hong KongHong Kong Mandatory Provident Fund Schemes Authority

    Hong Kong Mandatory Provident Fund Schemes Authority warns of phishing emails impersonating eMPF and offering fake fee refunds

    The Hong Kong Mandatory Provident Fund Schemes Authority warned of phishing emails from a fraudulent address impersonating the eMPF Platform and directing recipients to a fake website to harvest personal information. It clarified that neither the Authority nor eMPF Platform Company Limited is connected to the emails or website, and reminded the public to verify official domains and manage accounts only via the official eMPF website or app, reporting suspicious messages or lookalike sites to the Police.

    SupervisionAlertsFraud and scams
  • 2026-06-08ChinaChina Banking and Insurance Regulatory Commission

    China Banking and Insurance Regulatory Commission sets priorities for local small financial institution risk resolution stricter supervision and property financing rules

    The China Banking and Insurance Regulatory Commission set near-term priorities to tighten financial risk control, including resolving risks at local small and medium-sized financial institutions without destabilizing failures, more active use of the housing delivery whitelist system, and faster work on financing rules for the property sector’s new development model. It called for coordinated local government debt risk resolution, stronger action against illegal financial activity, tighter entry controls and enforcement, and a review and revision of regulatory rules, while delegating some supervisory duties to the county level.

    Policy & regulationReform agendas & prioritiesLeadership change and appointments
  • 2026-06-08PhilippinesDepartment of Finance (Philippines)

    Philippines Department of Finance reports presidential approval of 2026 Strategic Investment Priority Plan with greater focus on advanced and digital sectors

    The Philippines Department of Finance, through the Fiscal Incentives Review Board, announced presidential approval of the 2026 Strategic Investment Priority Plan, defining activities eligible for fiscal incentives under the CREATE and CREATE MORE Acts. The plan maintains the 2022 framework but shifts toward high-value, technology-driven projects in clean energy, digital infrastructure, advanced manufacturing, agribusiness, logistics, and emerging fields such as cybersecurity, artificial intelligence and data centers, with reinforced support for sustainability, innovation and R&D. A memorandum order directs agencies to issue implementing regulations and guidelines.

    Policy & regulationReform agendas & prioritiesMarket development
  • 2026-06-08RussiaCentral Bank of Russia

    Central Bank of Russia enables direct settlement of exchange repo and deposit trades in its payment system

    The Central Bank of Russia has introduced a new function in its payment system enabling banks and the Federal Treasury to settle certain cleared deposit and repo transactions directly in the Bank of Russia Payment System. The change applies to transactions on Moscow Exchange and Saint-Petersburg Currency Exchange cleared by the National Settlement Depository, and aims to streamline liquidity management, lower operating costs, and reduce settlement delays.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-06-08FranceFrance Autorite des marches financiers

    French Financial Markets Authority publishes research finding artificial intelligence remains a minority investment information source but is used five times more by younger investors

    The French Financial Markets Authority published a special edition of its savings and investment barometer on artificial intelligence, finding that 11 percent of French respondents use AI before investing, compared with 42 percent who rely on a bank or financial adviser, with higher use among younger, more educated and risk-tolerant investors. AI is mainly used alongside other sources, and while respondents see potential benefits such as more tailored advice and better performance or lower fees, many fear errors, poor decisions and less transparent investments.

    ResearchArtificial intelligence
  • 2026-06-08PhilippinesCentral Bank of the Philippines

    Philippines Financial Stability Coordination Council finds the financial system stable in 2025 while flagging leverage and property risks

    The Philippines Financial Stability Coordination Council’s 2025 Financial Stability Report finds the financial system remained stable, with banks well capitalised and able to support lending, but highlights rising leverage, elevated property prices, sectoral lending concentrations, unsecured consumer credit growth, cyber threats and geopolitical tensions as key risks. The council plans to activate a countercyclical capital tool, tighten oversight of non-financial corporations and non-bank financial institutions, operationalise a systemic crisis management playbook, and enhance inter-agency coordination.

    SupervisionRisk monitoring & watch pointsFinancial stability and systemic risk
  • 2026-06-08EuropeEuropean Central Bank

    European Central Bank sets Integrated Reporting Framework milestones with pilot in 2030 and first reporting in 2031

    The European Central Bank outlined the Eurosystem’s main milestones for the Integrated Reporting Framework, which will harmonise statistical reporting across euro area banks through a single standardised framework and support broader EU data integration. Subject to adoption of the IReF Regulation, the timetable foresees a public consultation in the second half of 2027, a one-year pilot from the second quarter of 2030, first official reporting in the second quarter of 2031, and a one-year parallel reporting phase. The ECB will provide banks with key information on IReF requirements, develop an implementation plan using EU-based technology solutions, and positions IReF as a first step toward integrating statistical, prudential and resolution reporting.

    Policy & regulationImplementation, projects & pilotsRegulatory reporting
  • 2026-06-08PhilippinesPhilippines Insurance Commission

    Philippines Insurance Commission reports court ruling upholding revised passenger accident insurance framework and third pool

    The Philippines Insurance Commission reported that a Manila court upheld the revised Passenger Personal Accident Insurance framework and the accreditation of a third insurance pool. The court found no legal restriction limiting the program to two pools and rejected claims of grave abuse of discretion, denial of due process and unequal treatment.

    Policy & regulationOtherComplianceConsumer and investor protectionClaims management
  • 2026-06-08PhilippinesPhilippines Insurance Commission

    Philippines’ Financial Stability Coordination Council finds financial system stable, outlines safeguards for emerging risks

    The Philippines’ Financial Stability Coordination Council found that the financial system remained stable in 2025 but identified risks from rising leverage, elevated property prices, concentrated lending, unsecured consumer credit, cyber threats and geopolitical tensions. It outlined stronger capital, oversight, data and crisis-management safeguards to address emerging vulnerabilities.

    SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskMacroprudential policy and toolsCapital adequacy
  • 2026-06-08VietnamState Bank of Vietnam

    State Bank of Vietnam seeks expanded IMF support for monetary policy modernisation and data quality

    The State Bank of Vietnam Governor met the IMF’s Asia and Pacific Department Director to discuss Vietnam’s economic outlook and deepen cooperation. The IMF pledged support for modernising the monetary policy framework, inflation control and macroeconomic data quality, while the central bank sought continued assistance on forecasting, macroprudential supervision, statistics and banking digitalisation. The Governor reaffirmed a proactive, flexible monetary stance aligned with the government’s high GDP growth objective, as the IMF urged close inflation monitoring and cautious, targeted fiscal support.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-08AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission reports Palmer Leisure Coolum guilty plea for missing two month deadline after 2012 takeover proposal

    The Australian Securities & Investments Commission announced that Palmer Leisure Coolum Pty Ltd pleaded guilty in the Brisbane Magistrates Court to breaching section 631(1) of the Corporations Act 2001 by failing to make a takeover bid for The President’s Club Ltd within the required two-month period after a 2012 public proposal. The company has been committed for sentencing in the District Court of Queensland and faces a maximum corporate penalty of AUD 55,000.

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2026-06-08South KoreaBank of Korea

    Bank of Korea reports KRW 35.6 trillion rise in depository corporations' industrial loans in first quarter of 2026

    The Bank of Korea reported that depository corporations’ industrial loans rose by KRW 35.6 trillion in Q1 2026 to KRW 2,061.8 trillion, lifting year-on-year growth to 4.0%. The increase was driven mainly by working capital lending and higher credit to the services and manufacturing sectors, with notable gains in finance and insurance and wholesale and retail trade.

    Data & statisticsMonetary data
  • 2026-06-08MexicoCONDUSEF

    Mexico's National Commission for the Protection and Defense of Users of Financial Services launches online tool to check and report suspected fraud phone numbers

    Mexico’s National Commission for the Protection and Defense of Users of Financial Services has launched a website tool that lets the public verify and register telephone numbers linked to suspected fraud calls or messages, creating a citizen-sourced database of scam numbers. The measure responds to persistent telephone fraud involving impersonation of financial institutions and other entities, with 27,862 complaints between January and April 2026, 37.5% related to possible fraud and over half involving multiple banks.

    SupervisionAlertsFraud and scams
  • 2026-06-08GhanaBank of Ghana

    Bank of Ghana highlights media engagement measures and warns that poor foreign exchange reporting can fuel volatility

    In a speech at the World Press Freedom Honours Night 2026, the Bank of Ghana said it is strengthening media engagement to improve understanding of monetary policy and reduce misinformation. It highlighted journalist training, greater Monetary Policy Committee transparency, a regional press network and direct communication channels. The Bank also warned that foreign exchange reporting without proper context can worsen market volatility.

    Financial literacy & educationOther
  • 2026-06-08EuropeCouncil of Europe

    Council of Europe convenes justice ministers for 16 June conference on money laundering and terrorist financing

    The Council of Europe announced a 16 June conference in Strasbourg for justice ministers from its 46 member states on combating money laundering and terrorist financing. The meeting will focus on how globalisation and technologies such as crypto-assets and artificial intelligence are reshaping financial crime, and on improving investigations, prosecutions and asset confiscation. A Presidency declaration is to be issued after the conference.

    Policy & regulationCooperationAML and CFTCross-border cooperation
  • 2026-06-08BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission reshuffles leadership across six superintendencies and the General Superintendence for digital finance oversight

    The Brazil Securities Commission (CVM) has announced leadership changes in six superintendencies and its General Superintendence, in the first organizational measure by new president Otto Lobo, to strengthen institutional and technological capacity for a capital market increasingly shaped by digital finance. The reshuffle focuses on internal development, administration, intelligence, planning, technology, and risk functions, with new leaders drawn from within the CVM and departing officials remaining on staff. The CVM will shortly release the names of the new appointees and begin a public discussion on the pillars of a regulatory framework for tokenization.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-06-08ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission reports lower new individual agent and broker license applications and higher renewals in 2025 and first quarter 2026

    The Thailand Office of Insurance Commission published 2025 and Q1 2026 licensing statistics showing a decline in new individual agent and broker applications, offset by higher renewals, while new corporate broker applications increased. As of 31 March 2026, there were 244,048 insurance agents, 2,318 agent offices, 321,759 individual brokers and 736 corporate broker companies, with agents more concentrated in life insurance and brokers in non-life insurance. The Office also reported 884 applications in 2025 to switch from broker to agent status.

    Data & statisticsConsumer and investor protection
  • 2026-06-08VietnamState Bank of Vietnam

    State Bank of Vietnam implements decree renaming two departments and classifying regional branches and transaction office as bureau level units

    The State Bank of Vietnam outlined the next phase of restructuring under Government Decree 198/2026, including renaming two departments, adjusting divisions in eight head office departments, and classifying the Transaction Office and regional branches as bureau-level units. Building on earlier consolidation, the bank will review functions and positions, strengthen regional supervision, expand technology use, and shift staffing toward senior specialists. The Organization and Personnel Department will streamline structures, revise personnel rules to expand regional directors’ authority, and prioritize recruitment in IT, payments, supervision, legal and international cooperation, supported by an innovation and talent fund.

    Institutional developmentMandate & organizational structureOrganizational structure
  • 2026-06-08GlobalInternational Monetary Fund

    International Monetary Fund completes Nepal Article IV consultation and final ECF review allowing SDR 31.32 million disbursement

    The IMF Executive Board completed Nepal’s Article IV consultation and final review under the Extended Credit Facility, approving an SDR 31.32 million disbursement and bringing total support to SDR 282.42 million, and judged performance broadly satisfactory despite shocks. Directors backed a near-term expansionary fiscal stance followed by consolidation, urged stronger capital spending, revenue mobilization, vigilant monetary policy, and reforms to bank credit practices, risk-based supervision, and legal and anti-money laundering frameworks. The IMF will maintain engagement through Post-Financing Assessment and capacity development, with the next Article IV consultation in 12 months.

    Policy & regulationImplementation, projects & pilotsEconomic data and developments
  • 2026-06-08GlobalInternational Monetary Fund

    International Monetary Fund completes Papua New Guinea program reviews and releases SDR 119.75 million under reform and climate facilities

    The IMF Executive Board completed the sixth reviews of Papua New Guinea’s Extended Fund Facility and Extended Credit Facility and the third review of its Resilience and Sustainability Facility, unlocking immediate disbursements of SDR 60.53 million under the EFF/ECF and SDR 59.22 million under the RSF, for total disbursements of SDR 742.23 million. The IMF found performance satisfactory, with all quantitative criteria and indicative targets met and most structural benchmarks implemented, and projected slower growth and modestly higher inflation. The Board urged continued fiscal consolidation, revenue mobilization, tighter monetary policy, stronger liquidity management and lender-of-last-resort capacity, enhanced AML/CFT and anti-corruption frameworks, and further climate resilience reforms.

    Policy & regulationImplementation, projects & pilotsBalance of payments and other external statistics
  • 2026-06-08AustraliaAustralian Prudential Regulation Authority

    Australian Prudential Regulation Authority congratulates Deputy Chair Margaret Cole on Member of the Order of Australia honour for finance regulatory reform

    The Australian Prudential Regulation Authority announced that Deputy Chair Margaret Cole has been appointed a Member of the Order of Australia for significant service to finance through regulatory reform. APRA linked the honour to her work on prudential oversight of the superannuation industry, implementation of the Financial Accountability Regime, delivery of superannuation reforms including the annual performance test, and leadership of a multi-year uplift in trustee practices, governance and cybersecurity.

    OtherLeadership change and appointments
  • 2026-06-07Saudi ArabiaSaudi Arabia Capital Markets Authority

    Saudi Arabia Capital Market Authority imposes SAR 10000 fine on Keir International Company over undisclosed SAR 8.42 million in former board member loans

    The Saudi Arabia Capital Market Authority fined Keir International Company SAR 10,000 for breaching paragraph 11 of Article 80 of the Rules on the Offer of Securities and Continuing Obligations. The company failed to immediately disclose to the regulator and the public two interest-free loans from former board members, each exceeding 1 percent of its gross revenues based on its latest audited annual financial statements.

    EnforcementInvestigations & enforcement actionsCorporate governanceDisclosures
  • 2026-06-07OmanCentral Bank of Oman

    Central Bank of Oman hosts 2026 IMF Article IV staff mission through 15 June

    The Central Bank of Oman announced that the IMF's 2026 staff mission to Oman has begun and will run through 15 June 2026 as part of the annual Article IV Consultation. Meetings with public- and private-sector participants will review economic and financial developments, policy settings, reform progress and the outlook for growth and financial stability. The mission will present preliminary observations at the end of the visit, followed by a concluding press release.

    Policy & regulationPeer reviews and country evaluations
  • 2026-06-07EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority outlines app-based policy issuance and microinsurance expansion with two firms approved and over 10 applications pending

    The Egypt Financial Regulatory Authority reported progress on implementing the 2024 Unified Insurance Law, emphasizing expanded access via microinsurance, digital distribution and products for underserved households and small businesses. It cited around 80 executive decisions, fintech approvals for digital policy issuance, new reinsurance and managing general agent rules, a framework and temporary licences for specialised medical insurance, and approvals for new microinsurers. Broader measures include expanded distribution channels, revised technical provisions and reserves, higher capital requirements, adoption of IFRS 17, updated complaints-handling standards and plans for full electronic links with non-bank financial sectors.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-06-07Saudi ArabiaSaudi Arabia Capital Markets Authority

    Saudi Arabia Capital Market Authority fines Keir International Company SAR 10000 for failing to disclose SAR 8.42 million in interest free loans from former board members

    The Saudi Arabia Capital Market Authority fined Keir International Company SAR 10,000 for breaching the Rules on the Offer of Securities and Continuing Obligations by failing to immediately disclose two interest-free loans from former board members, each exceeding 1% of its latest audited gross revenues. The loans, totalling SAR 8,424,812.75 and maturing on 01/11/2025, were granted on 20/06/2023 and 05/10/2023 by the former chairman and a former board member, violating paragraph 11 of Article 80.

    EnforcementInvestigations & enforcement actionsCorporate governanceDisclosures
  • 2026-06-07OmanOman Financial Services Authority

    Oman Financial Services Authority reviews AIM listing readiness of target companies with issue managers

    The Oman Financial Services Authority reviewed the implementation of its Alternative Investment Market track with issue managers, focusing on the readiness of targeted companies for listing. Discussions covered challenges in qualifying companies, the role of issue managers in attracting eligible firms, and steps to improve coordination and programme effectiveness. The AIM track targets closed joint-stock companies valued at no less than RO 500,000 and offers tax, procurement and fee incentives.

    Policy & regulationImplementation, projects & pilotsSecurities offerings and listings
  • 2026-06-07IsraelBank of Israel

    Bank of Israel reports foreign exchange reserves rose to USD 238.681 billion at end-May after revaluation and USD 801 million market purchases

    The Bank of Israel reported that foreign exchange reserves rose by USD 2,953 million in May 2026 to USD 238,681 million, equal to 37.2 percent of GDP. The increase mainly reflected a USD 2,685 million revaluation effect and USD 801 million in foreign exchange purchases, partly offset by USD 721 million in government foreign exchange activity.

    Data & statisticsBalance of payments and other external statistics
  • 2026-06-07CyprusCentral Bank of Cyprus

    Central Bank of Cyprus note advocates permanent European Safe Asset programme under a two pillar architecture

    The Central Bank of Cyprus published a note arguing that a European Safe Asset should serve as a catalyst for deeper European integration and stronger European Union strategic autonomy rather than solely as a financial instrument. It proposes a permanent programme with a Funding Pillar to build a deep, liquid benchmark market in public debt and a Capital Allocation Pillar to channel resources to common European public goods and support a European Union of Public Goods.

    Policy & regulationReform agendas & prioritiesCBDC
  • 2026-06-07OmanMinistry of Finance (Oman)

    Oman Ministry of Finance hosts 2026 International Monetary Fund mission ahead of Article IV consultations

    The Ministry of Finance announced that Oman is hosting the International Monetary Fund’s 2026 mission as part of preparations for the regular Article IV consultations, focusing on recent economic developments and the outlook for growth and financial stability. The mission is meeting with the Central Bank of Oman, other government entities and private sector institutions to review economic and monetary developments, policy measures and stimulus programmes, and will present preliminary observations and a concluding statement at the end of the visit.

    Policy & regulationCooperationEconomic data and developmentsFinancial stability and systemic risk
  • 2026-06-07IraqCentral Bank of Iraq

    Central Bank of Iraq runs Erbil training program for issuance and vault staff on counting and sorting skills

    The Central Bank of Iraq reported that its Erbil branch held a training program on developing the skills of counting and sorting staff for employees in the Issuance and Vaults Department. The initiative aims to improve service levels and banking operations efficiency in line with the bank’s strategic focus on organizational and human resources development.

    Institutional developmentWorkforce & recruitmentCapacity buildingHiring and recruitment
  • 2026-06-07South KoreaMinistry of Economy & Finance (South Korea)

    South Korea's Ministry of Economy and Finance advances OECD and France coordination as OECD raises 2026 growth forecast to 2.6 percent

    South Korea’s Ministry of Economy and Finance said Second Vice Minister Heo Jang, vice chair of the OECD Ministerial Council, outlined cooperation priorities on open, rules-based trade, private sector-led innovation, and inclusive responses to AI and climate change. Chairing a regulatory reform session, he backed simpler regulation, fairer competition, cross-border regulatory cooperation, trusted data governance, and a stronger OECD role via guidelines and standards. The OECD Chief Economist upgraded South Korea’s 2026 growth forecast, while bilateral meetings with French counterparts and the Bank of France covered G7 and G20 coordination and expanded development finance cooperation.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-06AngolaAngola Insurance Authority (ARSEG)

    Angola Insurance Authority publishes first quarter 2026 sector indicators showing 22.67 percent growth in direct insurance production

    The Angola Insurance Authority (ARSEG) published first-quarter 2026 indicators for the insurance and pension fund sectors, reporting a 22.67 percent year-on-year rise in direct insurance production, with life business up 32.58 percent and non-life business up 21.93 percent, driven mainly by health, workers' compensation, motor and petrochemical lines. The number of pension funds increased from 41 to 46, while complaints against insurers fell slightly to 177, down 0.56 percent year on year.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-06-06PhilippinesPhilippine Securities and Exchange Commission

    Philippine Securities and Exchange Commission centralizes securities lending clearances with the Philippine Stock Exchange

    The Philippine Securities and Exchange Commission has made the Philippine Stock Exchange the sole reviewing and pre-clearance body for securities lending agreements. The change cuts MSLA processing from seven to five working days, sets a one-day timeline for accession agreements and removes the PHP 5,030 SEC fee. The SEC will retain oversight through document reporting and post-audits.

    Policy & regulationRules & requirementsSecurities offerings and listingsOperational excellenceTaxation
  • 2026-06-06IndonesiaMinistry of Finance (Indonesia)

    Indonesia's Ministry of Finance says strong fiscal position and closer coordination with Bank Indonesia should support rupiah stability

    Indonesia’s Ministry of Finance reported that economic fundamentals and the fiscal position remain strong despite global volatility and exchange rate fluctuations, citing prudent budget management and continued fiscal policy support for growth and macroeconomic stability. Finance Minister Purbaya Yudhi Sadewa emphasized closer coordination with Bank Indonesia to align fiscal and monetary policy, aiming to bolster confidence in the rupiah, stabilize the exchange rate, ease pressure on basic goods prices and provide greater certainty for businesses.

    Policy & regulationReform agendas & prioritiesEconomic data and developments
  • 2026-06-06United StatesFederal Reserve Board

    Federal Reserve Board publishes Barr speech warning bank deregulation could cut largest bank capital by USD 60 billion and increase stability risks

    The Federal Reserve Board published a speech by Governor Michael S. Barr warning that recent and proposed deregulatory steps by the Federal Reserve and other agencies are weakening bank safeguards and increasing financial stability risk, amounting to the most significant banking deregulation since the Global Financial Crisis. Speaking in a personal capacity, he said the measures would cut required capital for the eight global systemically important banks by 6 percent (about USD 60 billion), cited weaker stress tests, leverage and liquidity standards, lower GSIB surcharges, and argued that large bank credit commitments to other financial entities underscore the need to maintain robust capital and liquidity.

    Policy & regulationOtherCapital adequacyPrudential risksFinancial stability and systemic risk
  • 2026-06-06PeruCentral Bank of Peru

    Central Bank of Peru reports broader improvement in May business expectations with the economy three month outlook still below 50

    The Central Bank of Peru’s May 2026 Macroeconomic Expectations Survey shows most business expectations improved month-on-month and remained in optimistic territory, except three month expectations for the economy and sector, which stayed at or below the 50-point threshold. All six 12 month indicators strengthened, including expectations for the economy, sector, company situation, product demand, hiring and investment, while three month expectations for product demand, hiring and investment also rose.

    Data & statistics
  • 2026-06-06LatviaMinistry of Finance (Latvia)

    Latvia's Ministry of Finance signs memorandum with Baltic peers and EBRD to advance a unified Baltic capital market

    Latvia’s Ministry of Finance announced that the finance ministers of Latvia, Estonia and Lithuania, together with the EBRD President, signed a memorandum of understanding to continue developing a single Baltic capital market. Building on earlier integration measures such as the unified Nasdaq Baltic market structure, regional securities depository and EBRD-supported reforms, the parties will assess how to broaden the investor base, expand instruments, improve infrastructure connectivity and increase investor participation.

    Policy & regulationCooperationMarket development
  • 2026-06-06LatviaMinistry of Finance (Latvia)

    Latvia's Ministry of Finance calls for sustained support for Ukraine and expanded European Bank for Reconstruction and Development investment in the Baltics

    Latvia’s Ministry of Finance reported that Finance Minister Māris Kučinskis used the European Bank for Reconstruction and Development Board of Governors meeting in Riga to urge continued international support for Ukraine and greater investment in its economic resilience and reconstruction. He underscored the bank’s role in mobilising private capital for Ukraine and the Baltic region, called for an expanded EBRD presence along the European Union’s eastern border, and held meetings with European and U.S. counterparts on investment, energy and economic security, and infrastructure cooperation.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2026-06-06OmanOman Financial Services Authority

    Oman Financial Services Authority joins IAIS Rabat meetings on protection gaps and insurance supervision priorities

    The Oman Financial Services Authority is taking part in IAIS meetings in Rabat focused on emerging market supervisors and insurance protection gaps. Discussions cover risk based supervision, IFRS 17, consumer protection, digital innovation, climate and cyber risks, and public-private partnerships in insurance. The authority linked its participation to efforts to align Oman's insurance framework with international standards following its IAIS Member Assessment Programme review.

    Policy & regulationCooperationSupervision process and methodologies
  • 2026-06-06BahrainMinistry of Finance & National Economy (Bahrain)

    Bahrain Ministry of Finance and National Economy discusses financial and economic ties with Russia at St Petersburg forum

    The Bahrain Ministry of Finance and National Economy reported that Minister Sheikh Salman bin Khalifa Al Khalifa met Russian Finance Minister Anton Siluanov on the sidelines of the 2026 St Petersburg International Economic Forum to review Bahrain-Russia financial and economic cooperation. The ministers discussed recent global economic developments and broader bilateral ties across multiple fields, especially finance and the economy.

    Other
  • 2026-06-06LithuaniaMinistry of Finance (Lithuania)

    Lithuanian Ministry of Finance signs updated Baltic States and EBRD memorandum to deepen the common capital market

    Lithuania’s Ministry of Finance announced that Lithuania, Latvia, Estonia and the European Bank for Reconstruction and Development have updated their 2017 memorandum to develop a common Baltic capital market, aiming for the Baltic States Index to meet MSCI Emerging Markets criteria. The revised framework sets a joint action plan to remove cross-border investment barriers, improve capital market infrastructure interoperability, promote new listings and instruments, and consider regional funds in sectors such as green energy, technology and infrastructure, overseen by a Steering Committee that will coordinate further initiatives including a pan-Baltic sandbox.

    Policy & regulationCooperationMarket development
  • 2026-06-06IndonesiaOJK

    Indonesia Financial Services Authority summons Solusiku and orders temporary halt to disputed debt collection

    The Indonesia Financial Services Authority has summoned PT Anugerah Digital Indonesia, operator of Solusiku, after consumer complaints about suspected irregularities in debt collection, including possible misuse and improper disclosure of personal data. The authority is reviewing the firm’s legal and procedural compliance, has ordered a temporary halt to disputed collection, and required data submissions, internal investigations and tighter oversight of collectors. It will continue monitoring and may impose administrative sanctions or other supervisory measures if violations are found.

    SupervisionInterventionsConsumer and investor protection
  • 2026-06-06VietnamState Bank of Vietnam

    State Bank of Vietnam outlines five priorities for digital payments as SIMO fraud alerts trigger suspension of over VND 5 trillion in transactions

    The State Bank of Vietnam outlined a five‑pillar agenda for the next phase of digital payments and banking, covering legal and policy updates, infrastructure upgrades, product and payment innovation, security and customer protection, and financial education, aligned with the National Financial Inclusion Strategy. It reported that 88.96% of people aged 15 and over held bank accounts and non-cash payments reached 28 times GDP, with strong growth in internet, mobile and QR transactions and declining ATM use. The authority also highlighted progress in biometric customer verification and said its SIMO fraud monitoring system had issued over 4.4 million warnings, prompting customers to suspend or cancel transactions exceeding VND 5 trillion.

    Policy & regulationReform agendas & prioritiesPayments and payment systemsFinancial inclusion
  • 2026-06-05JapanJapan Securities and Exchange Surveillance Commission

    Japan Securities and Exchange Surveillance Commission recommends administrative action against moomoo Securities over false NISA eligibility disclosures and control failures

    Japan’s Securities and Exchange Surveillance Commission recommended administrative action against moomoo Securities Co., Ltd. after an inspection identified serious investor protection failures. The firm incorrectly sold certain U.S. exchange traded products as eligible for the Small-Amount Investment Tax Exemption System (NISA), mishandled affected customers, restricted transfer-out requests, failed to properly review suspicious transaction reporting, and showed significant weaknesses in system risk management and governance.

    EnforcementInvestigations & enforcement actionsOperational risk and resilience
  • 2026-06-05JapanJapan Securities and Exchange Surveillance Commission

    Japan Securities and Exchange Surveillance Commission recommends JPY 6.56 million surcharge for insider trading in Goodspeed shares ahead of tender offer

    The Japan Securities and Exchange Surveillance Commission has recommended that the Prime Minister and the Financial Services Agency Commissioner impose a JPY 6.56 million surcharge for insider trading in Goodspeed Co., Ltd. shares ahead of a tender offer announcement. The Commission found that a person, having received non-public information from a Goodspeed officer, purchased 25,700 shares in an acquaintance’s name in February 2024, in breach of Article 167 of the Financial Instruments and Exchange Act.

    EnforcementSanctions & designationsMarket abuse
  • 2026-06-05JapanJapan Financial Services Agency

    Japan Financial Services Agency corrects Financial Services User Consultation Office case counts in 82nd publication

    The Japan Financial Services Agency corrected consultation reception statistics in its 82nd report on the Financial Services User Consultation Office and replaced the affected sections. Revised figures lower money lending cases to 642 from 681, fund transfer and prepaid payment instrument cases to 117 from 122, and total cases to 14,776 from 14,820, altering the reported period-on-period movements accordingly.

    Data & statisticsRegulatory reporting