The European Central Bank reported that the euro area current account surplus narrowed to EUR 265 billion, or 1.6% of GDP, in the four quarters to the second quarter of 2026. Net international investment assets rose to EUR 1.94 trillion, while gross external debt increased to EUR 18.05 trillion.
The European Central Bank reported that annual growth in household financial investment slowed to 2.6% in the second quarter of 2026, while the household saving rate declined to 14.4%. Corporate financing growth accelerated to 1.7% and gross operating surplus rose by 3.2%, although corporate non-financial investment contracted by 2.3%.
European Central Bank analysis finds that 72% of euro area firms planning AI investment expect to use internal funds. External finance is more common for collateral backed technology and infrastructure spending than for employee training or specialist recruitment. This financing pattern could limit the scale and pace of AI adoption.
The Central Bank of West African States reported that the WAEMU Council issued an opinion on central bank and commercial bank participation in the Pan-African Payment and Settlement System. The Council also adopted procurement and social protection reforms and facilitated new financing for the West African Development Bank. Union growth was estimated at 6.0% year on year in the second quarter of 2026, with inflation at 0.4%.
The Reserve Bank of India has consolidated and updated its note sorting machine requirements, withdrawing five earlier circulars. Banks must conduct quarterly machine testing and use prescribed authentication and fitness criteria before recycling notes. Future procurement is limited to BIS-certified machines, while discontinued models must be phased out by June 30, 2027.
The Vietnam State Securities Commission invited qualified providers to quote for administering and operating its regulatory management and supervisory IT system by Oct. 6, 2026.
The Vietnam State Securities Commission is seeking domestic electronic bids for 76 IT devices, including desktops, laptops, printers and scanners. Bids close on Oct. 12, 2026, and the state funded contract will run for 150 days from its effective date.
The Bank of Korea found that Korea’s green bond market has grown rapidly but remains concentrated and represents only 1.8% of total bond issuance. Administrative burdens, complex procedures and a shortage of K-Taxonomy aligned projects are the main constraints. It recommends streamlined requirements, continued cost support and stronger market infrastructure.
South Korea's Financial Services Commission has ordered financial companies to review all externally accessible systems, strengthen authentication and access controls, and rapidly share cyberthreat information. The action follows a Shinhan Bank data breach and attacks affecting KB Kookmin Bank and other major financial companies, with affected firms also subject to supervision over consumer protection and compensation.
The North Macedonia Insurance Supervision Authority is holding the theoretical examination for insurance agents.
The Thailand Office of Insurance Commission has issued safety-first flood claims guidance and told insurers to prepare adjusters, recovery services and claims capacity. Policyholders should notify insurers promptly but collect evidence only when safe, while clearly proven losses may be paid within seven days. Potential vehicle total losses should be handled rapidly, with dedicated claims, policy-checking and complaint channels available.
The Central Bank of Bosnia and Herzegovina received the WE Finance Code Data Excellence Award on behalf of the country for advances in gender disaggregated financial data. Its work includes a new dashboard analyzing lending and deposit activity by owners’ gender and coordination of a national partnership involving 17 institutions.
Croatian Financial Services Supervisory Agency Deputy President Anamarija Staničić outlined three priorities for developing Croatia’s investment ecosystem: the RoadToMarket financing sandbox, a proposed market for unlisted shares and reduced regulatory burdens. The initiatives aim to improve companies’ financing decisions, expand investor exit options and create a more proportionate regulatory framework.
The Central Bank of Cyprus has launched a negotiated tender for insurance coverage, weighting technical quality at 70% and cost at 30%. Contracts will run for three annual periods, with a potential negotiated extension for three more, and qualifying applicants may bid for one or more insurance lots.
The National Securities and Stock Market Commission of Ukraine backed legislation allowing capital markets consumers to resolve disputes through designated bodies without going directly to court. It proposed explicitly adding its appointment, registration and complaints oversight powers to sectoral law. The Commission also called for consistent derivatives terminology across tax and capital markets legislation.
Indonesia's Financial Services Authority has launched a 2026–2030 banking roadmap focused on institutional resilience, digital modernization, stronger intermediation, sustainable finance and adaptive supervision. It also issued an updated climate risk framework covering emissions calculations, climate scenarios, physical risks and standardized implementation solutions for banks.
Labuan Financial Services Authority Director-General Affendi Rashdi outlined a technology neutral, risk based approach under which equivalent digital finance risks should receive equivalent regulatory attention. Labuan’s framework uses existing licensing channels and tailored safeguards, while requiring strong governance, financial crime controls and human oversight of compliance technology. The authority is also strengthening data driven supervision through its Supervisory Intelligence System.
The Philippine Securities and Exchange Commission ordered Novaluxia to stop offering unregistered investment contracts through its app and halt related online activities. The restrictions also cover transactions involving deposited funds and transfers of assets under the company’s control. The SEC rejected Novaluxia’s claim that an earlier investor advisory would be removed.
The Philippine Securities and Exchange Commission briefed returning seafarers on capital market fundraising, investor protection and scam awareness. The session supported regional winners of a Department of Migrant Workers business plan competition for returning overseas Filipino workers.
The Spanish Securities Commission has issued an internal control guide for managers of private equity and other closed ended investment vehicles. It sets proportionality-based expectations for organizational structures and control functions, with particular emphasis on managing conflicts of interest and ensuring equitable treatment of investors.
Bank of Spain Governor José Luis Escrivá called for tokenized financial markets to remain anchored in central bank money and connected through interoperable infrastructure. He highlighted Pontes, Appia and the digital euro as ways to adapt the two-tier monetary system, while urging coordinated technical and regulatory action to improve cross-border payments.
The Bank of Italy’s €-coin indicator declined to 0.38 in September from 0.84 in August, returning to its June level. Higher market interest rates and weaker consumer confidence drove the fall.
Egypt Financial Regulatory Authority has licensed a closed-end private equity fund targeting EGP 1 billion to restructure viable distressed factories. Private subscriptions open on Oct. 4, 2026, and are limited to qualified institutions and eligible legal entities. The fund will invest across six industrial sectors and support financial and operational turnarounds.
The French Financial Markets Authority found shortcomings at five crowdfunding platforms in investor assessments, loss warnings and investment disclosures. Some investments proceeded without required warnings, while certain disclosures lacked key information on projects, finances, risks and complaints.
The Bank of France finds that households’ reported uncertainty predicts the accuracy of their inflation forecasts, unlike uncertainty reported by professional forecasters after individual and macroeconomic effects are controlled for. Uncertainty is at least twice as informative when households overestimate inflation as when they underestimate it. Elevated household uncertainty may therefore signal less reliable inflation expectations.
European Systemic Risk Board First Vice-Chair Olli Rehn called for further examination of a European safe and liquid asset to support deeper capital markets and productive investment. Any design must preserve fiscal discipline, share costs and benefits fairly, and avoid destabilizing national bond markets. He said the ESRB could assess the financial stability trade-offs while leaving decisions on fiscal integration and risk sharing to policymakers.
A Council of Europe meeting examined discrimination against cancer survivors in insurance, credit, employment and other areas. Participants emphasized the “right to be forgotten” so that past diagnoses do not create unjustified long term barriers to financial services or working life.
Turkmenistan’s Ministry of Finance and Economy and Ministry of Foreign Affairs convened an investment forum attended by more than 700 representatives, with several cross-border agreements signed across infrastructure and industry. Officials projected more than TMT 41.2 billion in capital investment for 2026 and highlighted technology, transport, communications, energy and green development as priority areas.
The Australian Financial Complaints Authority has closed consultation on rules enabling it to consider complaints under the Scams Prevention Framework. It will submit revised Rules for regulatory approval by November 2026, with final Rules due in early 2027 and taking effect on 31 March 2027.
The Reserve Bank of Australia’s balance sheet expanded by AUD 7.552 billion to AUD 355.126 billion at September 30, 2026. The increase was led by transactions that raised Australian dollar investments and gold and foreign exchange assets, while Exchange Settlement balances recorded the largest movement among liabilities.
The State Bank of Pakistan has opened the second cohort of its regulatory sandbox to solutions involving artificial intelligence, payments, inward remittances and other next generation financial services. Individuals and firms may apply until Nov. 30, 2026, provided their proposals fall within these themes.
South Korea's Ministry of Economy and Finance will prioritize reducing inequality, easing household cost pressures and lifting potential growth. Deputy Prime Minister Lee Hyeong-il sought research institute support for policies on housing, employment and inclusive finance, as well as working groups to help develop the economic growth strategy.
The International Monetary Fund Executive Board set three priorities for surveillance: more tailored policy advice, stronger external sector and spillover analysis, and improved risk assessments with contingent recommendations. Surveillance will become more selective, agile and integrated, supported by clearer macrocriticality standards and gradual use of artificial intelligence tools with guardrails. Revised guidance and a new assessment system will support implementation and track policy follow through.
South Korea’s Financial Services Commission awarded three employees a combined KRW 18 million for work on economic crisis support, the Youth Future Savings program and AI related cybersecurity reform. The recognized measures include a consolidated debt counseling service, a savings product with 1.385 million account holders and relaxed network segregation rules enabling qualified financial companies to use AI for security.
The Thailand Office of Insurance Commission has named the winners of its InsurTech Award 2026 after attracting more than 500 teams. The top solutions address factory fire-risk monitoring and artificial intelligence-based treatment utilization management. A follow-on program will provide business matching, funding connections and specialist support to help move projects into practical use.
Labuan Financial Services Authority Deputy Director-General Syahrul Imran Mahadzir urged proportionate safeguards after Malaysia’s 2024 assessment rated the nonprofit sector’s overall net terrorist financing risk as medium. Non-Profit Organisations should strengthen governance, due diligence and fund tracing, while regulators and financial institutions should avoid treating the entire sector as high risk.
The National Bank of the Kyrgyz Republic canceled the Toguz-Torou District Development Fund microcredit agency’s certificate effective Sept. 30, 2026, following its decision to enter voluntary liquidation.
The Vietnam State Securities Commission has proposed updated sanctions for privately placed corporate bonds, including fines of up to VND 1.5 billion for forged registration documents. The draft also sets graduated penalties for registration and disclosure breaches and strengthens sanctions for repeated margin trading violations. It would align enforcement powers with the broader 2026 regulatory framework.
The South Korea Financial Services Commission reported KRW 269.3 billion in sales of the second Public Participation Growth Fund over its first two days, equal to 45% of the KRW 600 billion target. Although its basic structure matches the first fund, its capital, managers, investment holdings, operating dates and returns are separate.
The South Korea Financial Services Commission reported that the New Leap Fund wrote off KRW 1.5968 trillion in long-delinquent debt for 183,000 vulnerable borrowers, bringing four-round write-offs to KRW 3.8551 trillion. The fund has begun repayment-capacity reviews under the revised Credit Information Act and plans further write-offs in the fourth quarter for borrowers unable to repay.
The South Korea Financial Services Commission has set out four cross-government reforms targeting illegal private lending, including prior review of all online lending advertisements and rewards for reporting illegal promotions. Authorities will assess undercover investigations, review platform compliance and place police personnel within the one-stop victim support service to accelerate case referrals. Key implementation steps are planned for the fourth quarter of 2026 and the first half of 2027.
South Korea’s Ministry of Economy and Finance reported that September consumer inflation eased to 2.9%, while inflation excluding food and energy slowed to 2.8%. It estimated that the petroleum products price cap reduced headline inflation by 0.6 percentage point and plans further supply management, fuel price measures and support for vulnerable groups.
South Korea's Ministry of Economy and Finance reported that September inflation eased to 2.9%, with agricultural, livestock and fishery prices declining for a second month. The petroleum maximum price scheme was estimated to have lowered inflation by 0.6 percentage points. The government will reinforce food and fuel price management and enforcement against illegal private finance, ticket scalping and other harmful market practices.
The South Korea Financial Supervisory Service reported that derivatives-linked securities and bond issuance rose 26.2% year on year to KRW 42.9 trillion in the first half of 2026. Redemptions reached KRW 41.7 trillion, while the outstanding balance increased to KRW 96.7 trillion at the end of June. Annualized returns on redeemed derivatives-linked securities rose to 7.2%, led by equity-linked securities at 7.8%.
The Thailand Securities and Exchange Commission will run World Investor Week 2026 activities from Oct. 5-11, focusing on investor resilience, digital deception and investment scams. The online program will help investors evaluate information, recognize behavioral biases and verify claims through reliable sources before investing.
The Reserve Bank of Fiji reported that insurance premiums rose 5.4% to a record FJD 501.5 million in 2025, while assets reached FJD 3 billion and the solvency surplus remained strong at FJD 688.1 million. Claims and policy payments hit a record FJD 280.4 million, while combined net profit fell 3.5% to FJD 68.3 million. The revised risk based solvency framework was fully implemented as the regulator prepared for heightened economic, climate and cyber risks.
The U.S. Securities and Exchange Commission has proposed wider crypto custody options for registered investment advisers and regulated funds. Advisers could conditionally hold covered crypto assets when no permitted custodian is available, while eligible state trust companies could provide custody subject to authorization and safeguarding checks.
The U.S. Securities and Exchange Commission paid tribute to departing Commissioner Peirce, who has served as a commissioner since 2018. It highlighted her advocacy for digital asset regulatory clarity, opposition to regulation by enforcement and leadership of the Crypto Task Force.
The Federal Reserve Board extended the comment period on its Regulation O modernization proposal from October 5 to November 4, allowing more time to assess proposed changes to bank insider lending rules.
The Federal Reserve Board approved Fleur Capital Corporation’s application to acquire Simmesport State Bank in Louisiana.
The Brazil Securities Commission imposed fines totaling BRL 3.34 million in two enforcement cases. The penalties concern an unregistered public investment offering and Reag Capital Holdings executives’ failure to prepare required annual and quarterly financial reports.
Bolivia's Financial System Supervisory Authority participated for the first time in the Credicorp Financial Group's college of supervisors alongside regulators from five other countries. The discussions covered cross-border supervisory practices, jurisdiction-specific risks and Credicorp's regional strategy to support stronger consolidated supervision in Bolivia.
Ceres welcomed California Gov. Gavin Newsom’s signing of three bills addressing grid utilization, clean energy deployment and distributed energy resources. The measures respond to business concerns about commercial electricity prices that are nearly twice the national average.
The Bank of France found that corporate bankruptcies reached a record 68,602 in 2025, although annual growth slowed to 3.6%. Outside microenterprises, failures increasingly reflect weaker finances and economic pressures rather than post-COVID catch-up. Strong business creation since 2016 has also contributed to higher bankruptcy numbers.
Federal Reserve Board Vice Chair Philip N. Jefferson backed the September rate increase to 3.75 percent to 4 percent and said future policy adjustments should remain data dependent. He sees balanced risks to growth and employment but upside inflation risks, with personal consumption expenditures inflation at 3.4 percent in August.
The Central Bank of Egypt and the Ministry of Industry have launched an EGP 1 billion fund to invest in distressed factories with viable operating potential. The fund, managed by CI Capital, may provide new equity, restructure debt and support operational and governance improvements.
Federal Reserve Board Vice Chair for Supervision Michelle W. Bowman reported that the recalibrated eSLR has expanded large bank dealers’ capacity and improved Treasury market functioning. Six dealer parent companies gained an estimated USD 5 trillion in aggregate headroom in the first quarter, while dealers’ Treasury positions rose from about USD 600 billion to more than USD 700 billion by the end of April. The largest increases occurred at banks most constrained by the previous rule.
The U.S. Securities and Exchange Commission proposed a crypto custody framework for registered investment advisers and regulated funds. It would allow conditional adviser self-custody when no permitted custodian is available and permit state trust companies to hold crypto assets subject to due diligence, control and segregation requirements. The package would also modernize broader adviser and fund custody rules.
Sarah Lloyd has been appointed governor of the Central Bank of Seychelles effective Nov. 1, 2026, and will chair its board of directors. A former central bank economist and financial stability analyst, she succeeds Caroline Abel following her resignation in September.
Central Bank of Bahrain Governor Khalid Humaidan highlighted opportunities for digital assets in cross-border payments, financial innovation and capital market development. He emphasized that robust regulation is needed to support innovation while protecting financial stability.
The Saudi Arabia Insurance Authority revoked the licenses of 26 insurance intermediaries and service providers following corrective measures announced in August 2024. The affected firms comprise 19 agencies, five brokerages and two claims settlement providers.
The Dubai Financial Services Authority has finalized amendments to four rulebook modules following two consultations. Prudential changes take effect on Oct. 2, 2026, while amendments covering conduct of business, Islamic finance and the glossary take effect on Jan. 1, 2027.
The Bank of Central African States opened procurement for travel ticket acquisition, management and monitoring for its central services in Yaoundé, Cameroon.
Central Bank of Egypt Governor Hassan Abdalla said Egypt’s Instant Payment Network had about 22 million registered customers and processed 1.47 billion transactions worth EGP 4.33 trillion by the end of the second quarter of 2026. He called for broader access and use cases, as well as stronger regional and cross-border payment integration. Abdalla also emphasized central bank independence and effective coordination between fiscal and monetary policy.
The Dominican Republic’s Pensions Superintendency explained the country’s pension system to more than 35 students at the 2026 Santo Domingo International Book Fair. It is also answering public questions and promoting pension awareness at a dedicated stand.
The White House published a roundup highlighting 32 recent Trump administration actions across economic policy, enforcement and national security. Items include nearly USD 1 billion in spending clawbacks, Trump Account enrollment for more than 60 million children, the previously announced USD 15 billion Iowa steel mill, cartel sanctions and claimed savings from canceled unauthorized Affordable Care Act enrollments.
The Commodity Futures Trading Commission extended temporary Brexit related no action positions to preserve regulatory certainty for UK-US derivatives trading and clearing. The relief supports the period in which US and UK authorities analyze UK law and consider comparability determinations and exemptive orders for certain UK entities.
U.S. Senate Banking Committee Democrats have urged FHFA Director Bill Pulte to reverse an over 60% reduction in the agency watchdog’s fiscal 2027 budget to USD 20 million. The Office of Inspector General warned that the cut would reduce staffing by about 70% to 80% and end essentially all of its criminal investigations.
The U.S. Department of the Treasury expanded sectoral sanctions to Iran’s automotive and rail industries and designated 30 individuals and entities across automotive, rail, manufacturing, steel and financial networks. The measures also target overseas suppliers, trade facilitators and companies handling Iranian procurement, exports and payment flows. Blocked property rules apply, and foreign financial institutions may face secondary sanctions for significant transactions involving designated persons.
The U.S. Senate banking committee examined four nominees for roles at the Export-Import Bank, the Federal Housing Administration and Office of Housing, and the Treasury Department. Chairman Tim Scott emphasized maintaining an Export-Import Bank board quorum, addressing housing affordability and advancing U.S. trade, investment and supply chain interests.
The Federal Reserve Board found that the Census Bureau’s Business Trends and Outlook Survey provides timely manufacturing price and supply chain signals with detailed industry coverage. Its analysis of the 2025 tariff increases showed stronger price growth in subsectors facing greater net imported input cost exposure, a pattern obscured by national aggregates. Quantity measures aligned less closely with benchmarks, partly because diffusion indices and output-based data capture different dimensions of activity.
The Federal Reserve Board presented new monthly input cost indicators derived from free text responses to ISM surveys and classified across roughly 50 PPI-like categories. The measures captured recent oil, steel and memory chip shocks and, in some cases, moved ahead of corresponding Producer Price Index data.
The Office of the Comptroller of the Currency released Community Reinvestment Act evaluations made public during September 2026. They cover national banks, federal savings associations and insured federal branches of foreign banks.
The Central Bank of Aruba reported a provisional current account surplus of AWG 685.4 million for the first half of 2026. A strong services surplus more than offset deficits in goods and income, while the net acquisition of reserve assets totaled AWG 842.4 million.
The U.S. Financial Crimes Enforcement Network proposed banning covered financial institutions from transmitting funds, including convertible virtual currency, in transactions involving identified A7 Network Sub-Agents. It also issued an alert detailing red flags for the network’s use of shell companies, falsified trade documents and the A7A5 token to obscure payments linked to Russian and Iranian illicit finance.
The Ontario Securities Commission announced that John Natividad received 90 days in jail, two years of probation and a total financial penalty of $450,000 for insider trading. He generated more than USD 435,000 in illicit profits through 275 trades based on advance access to 234 unpublished corporate releases.
The Financial System Supervisory Authority of Bolivia joined Credicorp’s supervisory college for the first time alongside regulators from five other countries. The meeting supported information sharing on cross-border risks, supervisory methods and Credicorp’s regional strategy.
The Argentina Superintendency of Insurance has divided passenger transport insurance into public services and services excluded from that category, effective for new contracts and renewals from Jan. 1, 2027. A policyholder deductible will be mandatory for public services but may be reduced or removed for excluded services.
The Argentina Superintendency of Insurance has established rules for collective asset linked variable annuity retirement insurance. Insurers must disclose each policy’s mathematical reserves and the balance of linked assets, while applying product specific conditions to coverage calculations.
Ceres is convening major companies to press bipartisan lawmakers to pass the Bipartisan American Affordability and Jobs Act in 2026. The group is seeking permitting certainty, faster transmission development and technologies that expand existing grid capacity to address rising electricity demand and costs.
Ceres backed Virginia Gov. Abigail Spanberger’s 2026 Energy Plan, citing its focus on grid modernization, clean energy expansion and electricity affordability. The plan reflects Ceres recommendations on grid capacity, transportation electrification, building efficiency and utility planning, with several measures requiring legislative action.
The Canadian Securities Administrators has proposed a harmonized national framework for the IT systems of key market infrastructure entities. It would consolidate existing requirements and covers marketplaces, clearing agencies, trade repositories, information processors and matching service utilities, while seeking input on international alignment and emerging technologies.
Laurence Frappier has assumed the role of Chief Actuary at Canada’s Office of the Superintendent of Financial Institutions. She will oversee independent actuarial reporting on major public programs, including the Canada Pension Plan and federal pension and benefit plans.
The Office of the Commissioner of Financial Institutions of Puerto Rico has automatically extended the Q3 2026 reporting deadline for 18 categories of entities awaiting the second phase of the FIRE System rollout. They should not use previous filing platforms or request individual extensions. The regulator will announce onboarding arrangements and a new deadline later.
Bank Indonesia reported annual headline inflation of 3.28% in September 2026, within its 2.5%±1% target corridor. Core and administered price inflation eased, while volatile food inflation rose to 5.03% because of weather related production disruptions and higher input costs.
The Algeria Market Authority has set conditions for Startup or scale-up labelled companies to seek Growth segment listings without two years of certified financial statements. Waivers will be discretionary and based on evidence of operational maturity, business viability, growth prospects, funding needs and risks. Applicants remain subject to detailed disclosure, due diligence and potential additional reporting after admission.
The Algeria Market Authority extended Banque de Développement Local’s first half 2026 financial information publication deadline to October 15, 2026.
The U.S. Securities and Exchange Commission’s Division of Examinations has published an expanded handbook explaining the full examination process and the expectations applying to staff and registrants. It covers risk based selection, information requests, interviews, findings, corrective action and key response timelines, while creating no new legal obligations.
The International Swaps and Derivatives Association discusses the development and impact of its standard initial margin model with two industry veterans involved in its creation.
Belgium’s Financial Services and Markets Authority reported that website blocking has protected 80,000 potential investment fraud victims, supported by faster action against fraudulent social media advertisements and a significant decline in reported losses in the first half of 2026.
The United Arab Emirates Ministry of Finance joined GCC counterparts to review progress on regional financial and economic integration. Priorities included the common market, tax and customs cooperation, shared payment system links, and stronger frameworks to support trade and investment.
The Brazil Securities Commission reviewed its September actions, including completion of a proposed tokenization pilot and new guidance for auditors, public offerings and receivables investment funds. Enforcement measures included more than BRL 200 million in fines in a Banco Master case and a settlement exceeding BRL 2.3 million involving the current TC S.A.
GIABA has issued procedures for its third round of AML/CFT/CPF mutual evaluations, covering technical compliance, effectiveness and risk based assessment sequencing. Countries are generally expected to address their KRA roadmaps and major compliance gaps within three years. Weak results or insufficient progress can trigger enhanced follow-up, FATF review or escalating measures.
The Inter-Governmental Action Group against Money Laundering in West Africa has updated the procedures for its second round of AML/CFT mutual evaluations, covering technical compliance and effectiveness under the FATF standards applicable at the onsite visit. The framework sets information deadlines, review and publication controls, biennial regular follow-up and annual enhanced monitoring for countries with significant deficiencies. A comprehensive follow-up assessment is conducted five years after adoption of each evaluation report.
Oman’s Ministry of Finance reviewed GCC integration priorities at a regional committee meeting in Bahrain, including the common market, customs union, tax coordination and free trade negotiations. Finance Minister Sultan bin Salim Al Habsi and Central Bank of Oman Governor Ahmed bin Jaafar Al Musalmi also discussed the GCC fiscal and economic outlook with regional counterparts and the IMF managing director.
Federal Reserve Board Governor Christopher J. Waller announced that users seeking certain Board data will soon be routed to FRED and its tools. FRED has also introduced an AI connector as traffic grows 150% annually and AI agents account for about half of visits, while work continues to improve attribution, interpretation and links to historical records.
The Bank for International Settlements found that circular investment and supply chain relationships are widespread among AI firms, accounting for 46.4% of AI-to-AI deal value between 2021 and 2025. While these arrangements can secure critical inputs and address financing frictions, they can obscure demand and amplify interconnected losses. Complex terms, limited disclosures and cross-jurisdictional exposures also make the risks difficult to monitor.
AMLA Executive Board Member Hennie Verbeek-Kusters outlined the authority's model for direct supervision, wider supervisory convergence and coordination among national FIUs. Obliged entities can expect a common format for suspicious transaction reporting, guidance on suspicious activity indicators and new information-sharing opportunities, while FIUs will be supported through peer reviews, joint analyses and the FIUnion Hub.
The European Commission appointed Paulina Dejmek Hack as DG FISMA Director-General, effective Oct. 1, 2026. The former DG FISMA Deputy Director-General brings more than 25 years of experience across financial services, internal market policy and senior Commission roles.
The International Swaps and Derivatives Association has launched digital, versionable documentation for physically settled over-the-counter emissions allowance derivatives in the European Union, the United Kingdom and the United States. Users can incorporate the relevant version for each transaction, reducing the need to amend relationship-level documentation when emissions trading systems change.