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  • 2026-05-18Malaysia (Labuan)Labuan Financial Services Authority

    Labuan Financial Services Authority sets out zero corruption focus and move toward MS ISO 37001 2025 anti-bribery management system

    The Labuan Financial Services Authority used opening remarks at Integrity Forum 2026 to reaffirm integrity, better governance and zero corruption as core operating standards and announced it is moving toward implementing the MS ISO 37001:2025 Anti-Bribery Management System. Deputy Director General Syahrul Imran Mahadzir said the framework is intended to strengthen discipline, controls and day-to-day integrity rather than serve as a certification exercise, linking market confidence to institutional reputation and decision-making.

    Institutional developmentGovernanceOther
  • 2026-05-18United StatesOffice of the Comptroller of the Currency

    Office of the Comptroller of the Currency outlines community bank burden relief through tailored exams and leverage ratio changes

    The Office of the Comptroller of the Currency outlined supervisory and regulatory changes to reduce burden on community banks by tailoring examinations to size, complexity and risk, easing use of the community bank leverage ratio, and narrowing model risk, information technology and cybersecurity expectations. The OCC removed certain policy-based examination requirements, revised Community Reinvestment Act examination scheduling to be more risk-based, simplified leverage ratio capital calculations and reporting, and clarified that revised model risk guidance is non-prescriptive and generally excludes community bank models.

    Policy & regulationRules & requirementsRegulatory burdenSupervision process and methodologies
  • 2026-05-18GreeceMinistry of National Economy and Finance (Greece)

    Greece's Ministry of National Economy and Finance rejects opposition private debt proposals and defends out of court debt workout framework

    Greece’s Ministry of National Economy and Finance rejected PASOK leader Nikos Androulakis’s private debt proposals, defending the existing framework as protecting vulnerable borrowers and the middle class while preserving financial stability. The ministry said it is strengthening the out-of-court debt workout mechanism, including automated procedures, broader coverage and main residence protection, and argued that restoring a Katseli-type regime, expanding borrower buybacks, limiting guarantor liability, mandating creditor participation, shifting Swiss franc loan losses to creditors, or tightening servicer sanctions would create instability or shift costs to taxpayers.

    Policy & regulationGuidance & interpretationOther
  • 2026-05-18UkraineNational Bank of Ukraine

    National Bank of Ukraine outlines 1.3% 2026 growth forecast and 15% key rate through Q2 2027

    The National Bank of Ukraine presented a weaker 2026 outlook and tighter-for-longer stance, projecting 9.4% inflation and 1.3% GDP growth in 2026, with the key rate at 15% until Q2 2027 and inflation reaching the 5% target in 2028. It cited faster price pressures, weaker activity and ongoing exchange-rate smoothing, and upgraded its end-2026 reserves forecast to USD 64.8 billion. The NBU also reported substantial progress on FX liberalization, with most current transactions already liberalized and further easing to proceed gradually and conditionally.

    Monetary policyMonetary policy assessments & outlooksEconomic data and developments
  • 2026-05-18United StatesCommodity Futures Trading Commission

    Commodity Futures Trading Commission names DJ Hennes director of the Market Participants Division

    The Commodity Futures Trading Commission appointed DJ Hennes as director of the Market Participants Division. Chairman Michael S. Selig cited Hennes’ governance, risk, compliance, enforcement, crypto asset, and prediction market experience as relevant to the agency’s rule updates in those areas. Hennes previously held senior risk and compliance roles at KPMG LLP and Promontory Financial Group.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-18OmanOman Financial Services Authority

    Oman Financial Services Authority outlines sustainability and ESG priorities at Oman Sustainability Week 2026

    The Oman Financial Services Authority used Oman Sustainability Week 2026 to highlight the non-banking financial sector’s role in sustainability, ESG adoption and responsible investment. Its joint pavilion with the Muscat Stock Exchange includes workshops on corporate disclosure, integrating the Sustainable Development Goals into business practices and international sustainability experience.

    Policy & regulationReform agendas & prioritiesClimate risk and sustainable financeESG
  • 2026-05-18Central African RepublicSecurities and Exchange Commission of Central Africa

    Securities and Exchange Commission of Central Africa launches consultation on draft rules for core and ancillary activities of brokers fund managers and investment advisers

    The Securities and Exchange Commission of Central Africa has opened a public consultation on a draft instruction for the core and ancillary activities of brokers, collective investment scheme managers and investment advisers. The measure is designed to clarify the application of the 2022 Central African market regulation and the COSUMAF General Regulation. The consultation runs from May 22 to June 1, 2026, after which COSUMAF will review responses and publish a report.

    Policy & regulationGuidance & interpretationOther
  • 2026-05-18KyrgyzstanState Service for Regulation and Supervision of Financial Markets

    Kyrgyz Republic's State Service for Regulation and Supervision of Financial Markets warns about illegal online lotteries and identifies four schemes

    The Kyrgyz Republic’s State Service for Regulation and Supervision of Financial Markets issued a public warning about a rise in illegal online lotteries, naming Sonun Chance, lo.to6145, Ishenim and Bereke as under investigation. It highlighted typical red flags such as lack of authorization, upfront payments, missing rules and unrealistic prize promises, and urged citizens to avoid sharing personal data or money and to verify that lottery operators are licensed and registered.

    SupervisionAlertsFraud and scams
  • 2026-05-18MalaysiaMalaysia Securities Commission

    Securities Commission Malaysia and Bursa Malaysia launch consultation on LEAP Market 2.0 reforms to widen fundraising access for micro, small and medium enterprises and mid-tier companies

    The Securities Commission Malaysia and Bursa Malaysia have issued a public consultation on proposed LEAP Market 2.0 enhancements to expand capital market access for micro, small and medium enterprises and mid-tier companies. Proposals include a new admission route for eligible equity crowdfunding issuers with simplified disclosure, calibrated retail investor limits, greater fee flexibility for advisers, and a more efficient transfer process from the LEAP Market to the ACE Market.

    Policy & regulationRules & requirementsSME financing
  • 2026-05-18SwedenRiksbank

    Sweden's Riksbank spring survey finds Swedish FX and fixed income markets functioning well but risk-taking lower

    The Riksbank’s spring 2026 Financial Market Survey reports that most participants view Sweden’s foreign exchange and fixed-income markets as functioning well, but a majority have reduced risk-taking compared with autumn 2025, mainly due to the war in the Middle East and, to a lesser extent, US trade policy. Respondents cited slightly weaker yet still favourable liquidity in Swedish krona foreign exchange markets, improved liquidity and supply in nominal government bonds following the Riksbank’s bond sales, and reduced secondary market liquidity in inflation-linked government bonds due to lower issuance.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-05-18SpainSpanish Securities Commission (CNMV)

    Spanish Securities Commission reports women hold 37.52% of listed company board seats in 2025 with 64 firms at or above 40%

    The Spanish Securities Commission’s 2025 corporate governance data show women held 37.52% of board seats across listed companies, with 64 of 112 issuers, including 27 Ibex 35 members, meeting or exceeding the 40% representation target under Organic Law 2/2024. Only three of the largest companies remain below the 2026 threshold and each needs one additional woman director to comply. Women held 25.18% of senior management roles (excluding director-executives) and 9.87% of executive directorships, while 23 listed companies had no women in senior management.

    Data & statisticsDiversity and inclusion
  • 2026-05-18EuropeEuropean Central Bank

    European Central Bank publishes research calling for a European Energy Union and estimating renewable output gains of up to 42% for solar and 110% for wind

    The European Central Bank has published an Occasional Paper arguing that the EU’s dependence on imported fossil fuels and fragmented energy markets exposes firms to high, volatile energy costs that undermine growth, competitiveness and energy security. The paper concludes that a genuine European Energy Union, with coordinated market integration, infrastructure, funding, taxation and industrial policy, would better support decarbonisation and reduce vulnerability to external shocks as renewables gain importance.

    Research
  • 2026-05-18TajikistanNational Bank of the Republic of Tajikistan

    National Bank of the Republic of Tajikistan reports foreign exchange purchase auction results at 9.3368 USD/TJS

    The National Bank of the Republic of Tajikistan reported results of its 18 May 2026 foreign exchange purchase intervention auction, which attracted 18 participants. Satisfied bids ranged from USD 100,000 to USD 21,320,000 at a weighted average rate of 9.3368 USD/TJS.

    Monetary policyMonetary policy instruments & operationsOther
  • 2026-05-18MaldivesMaldives Monetary Authority

    Maldives Monetary Authority grants banking licence and operational approval to Maldives Premier Bank

    The Maldives Monetary Authority has granted a banking licence and operational approval to Maldives Premier Bank Private Limited to conduct commercial banking activities in the Maldives. The decision follows a pre-operational approval issued in May 2025, during which the authority approved changes to the bank’s name and ownership structure, and is positioned as part of efforts to deepen the financial sector, increase banking competition, and broaden access to financial services.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-05-18Saudi ArabiaSaudi Arabia Capital Markets Authority

    Saudi Arabia Capital Market Authority launches consultation on easing securities business licensing and cutting custody capital to SAR 20 million

    The Saudi Arabia Capital Market Authority is consulting on draft amendments to the securities business regulatory framework to simplify licensing and business commencement requirements and recalibrate minimum capital thresholds. Proposals include reducing the custody capital requirement to SAR 20 million from SAR 50 million, setting a SAR 2 million minimum for arranging activities involving client funds in securities-based crowdfunding, and aligning capital for dealing sub-activities to their risk. The draft would also permit institutions licensed only for advising to undertake other businesses under controls, adjust combinations of registrable functions, and update Know Your Client requirements based on money laundering and terrorism financing risk classification.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-05-18Saudi ArabiaSaudi Arabia Capital Markets Authority

    Saudi Arabia Capital Market Authority approves public offering of Al Rajhi GCC Equity Fund excluding KSA

    The Saudi Arabia Capital Market Authority has approved Al Rajhi Capital’s public offering of the Al Rajhi GCC Equity Fund Excluding KSA, confirming compliance with the Capital Market Law and implementing regulations. The authority clarified that the approval does not constitute a subscription recommendation and urged investors to review the fund’s terms, strategy and risk factors and to consult the fund manager as needed.

    SupervisionAuthorisations & approvalsSecurities offerings and listings
  • 2026-05-18ChileChile Financial Market Commission

    Chile Financial Market Commission appoints Diego Peralta as General Legal Director from 1 June 2026

    The Chile Financial Market Commission appointed Diego Peralta Valenzuela as General Legal Director, effective 1 June 2026, following a public competition. Peralta joins from Carey, where he co-led the banking and finance group, and brings prior experience at the Office of the Comptroller General of the Republic, Citicorp and Citibank in Chile, and the Advisory Board of the Chilean Capital Market.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-18SloveniaSlovenia Insurance Supervision Agency

    Slovenia Insurance Supervision Agency highlights that about 80 percent of residential properties lack earthquake insurance

    The Slovenia Insurance Supervision Agency published an article highlighting very low earthquake insurance coverage in Slovenia, noting that around 80 percent of residential properties are not insured against earthquake risk. Based on survey data and insurer feedback, it attributes low take-up to misconceptions about earthquake probability, the scope of basic home insurance, and expected state support, and notes similarly low coverage for business, industrial buildings and apartment blocks. The agency also stresses that insuring only an individual apartment may be insufficient if the wider building is not covered and outlines typical policy requirements for proving earthquake-related damage.

    Financial literacy & educationOther
  • 2026-05-18SerbiaNational Bank of Serbia

    National Bank of Serbia explains SEPA implementation and confirms rollout of SEPA Credit Transfer by domestic banks

    The National Bank of Serbia detailed SEPA implementation, confirming Serbia joined on 22 May 2025 and that domestic banks enabled the SEPA Credit Transfer scheme from 4–5 May 2026 for standardized cross-border EUR payments. SEPA Credit Transfer is currently the only scheme, subject to scheme conditions, Serbian foreign exchange rules and execution within one business day for properly submitted orders, with erroneous transfers not guaranteed to be recovered. The rollout is in an initial phase with bank-set fees, and SEPA Instant Credit Transfer will be introduced later, depending on the readiness of European banks and payment infrastructures.

    Policy & regulationGuidance & interpretationCross-border payments
  • 2026-05-18SerbiaNational Bank of Serbia

    National Bank of Serbia launches consultation on draft financial conglomerates law aligned with European Union rules

    The National Bank of Serbia has published for consultation a draft law on financial conglomerates to align Serbia’s framework with European Union Directive 2002/87/EC under accession Chapter 9 on financial services. The draft sets rules for identifying financial conglomerates and for supplementary supervision of authorised credit institutions, investment firms, insurance and reinsurance undertakings, and various fund and pension management companies within such groups.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-05-18RomaniaNational Bank of Romania

    National Bank of Romania reports first quarter current account deficit narrowed to EUR 5.34 billion as external debt rose to EUR 231.5 billion

    The National Bank of Romania published provisional balance of payments and external debt data for January–March 2026, reporting a narrowed current account deficit of EUR 5,338 million versus EUR 6,153 million a year earlier, driven by a smaller goods deficit and stronger secondary income. Non-residents’ direct investment declined to EUR 1,130 million from EUR 1,635 million, while total external debt rose by EUR 3,062 million to EUR 231,525 million, with long-term debt at 79.0% of the total. The long-term external debt service ratio fell to 11.8%, and foreign exchange reserve coverage of residual short-term external debt increased to 108.1%.

    Data & statisticsBalance of payments and other external statistics
  • 2026-05-18VietnamState Bank of Vietnam

    State Bank of Vietnam issues action program for state sector development across state-owned credit institutions and SOEs

    The State Bank of Vietnam has issued an action program to implement the government’s state sector development agenda, assigning tasks to its internal units, state-owned credit institutions, enterprises under its oversight, and affiliated public service units. The program prioritises reviewing banking rules, cutting administrative procedures and compliance costs, increasing decentralisation and autonomy, and shifting from ex ante controls to risk-based ex post supervision. It also calls for clearer separation of state ownership and commercial functions, stronger leadership and talent policies, improved data infrastructure and coordinated inspections, and protection for officials acting in the public interest where there is no corruption or personal gain.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-05-18EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority steps up youth financial literacy outreach at Cairo University and highlights market reforms

    The Egypt Financial Regulatory Authority reported that its chairperson, Islam Azam, visited Cairo University to promote financial literacy and explain the authority’s supervisory role across capital markets, insurance and non-bank financial activities. Azam highlighted recent non-bank market developments, including derivatives and index futures, and growing youth interest in precious metals funds, while officials also presented the authority’s broader regulatory role and its Iinvest platform for non-bank financial services.

    Financial literacy & educationOther
  • 2026-05-18MoldovaNational Bank of Moldova

    National Bank of Moldova proposes EU aligned AML measures for overseas branches and subsidiaries of banks and non bank payment service providers

    The National Bank of Moldova has published a draft decision to amend anti-money laundering and counter-terrorist financing rules for banks and non-bank payment service providers, transposing Commission Delegated Regulation (EU) 2019/758. The draft sets minimum actions and additional risk-based measures for groups with branches or majority-owned subsidiaries in states where local law restricts full application of group-wide AML and CFT policies, including enhanced risk assessment, senior management oversight, additional controls, and potential market exit where risks cannot be effectively managed.

    Policy & regulationRules & requirementsAML and CFT
  • 2026-05-18MoldovaMinistry of Finance (Moldova)

    Moldova Ministry of Finance outlines support for green and thematic bonds at sustainable finance workshop

    The Ministry of Finance of Moldova signalled interest in diversifying state and corporate financing, including potential green, social and SDG-linked bonds, while stressing fiscal sustainability, transparency and efficiency. At a UNDP Debt4SDGs workshop, it highlighted government securities market development as a strategic priority and cited measures such as enhanced issuance transparency, the eVMS.md platform and cooperation with rating agencies. The ministry said it will continue to support capital market development and modern financing instruments to advance Moldova’s sustainable development.

    Policy & regulationReform agendas & prioritiesClimate risk and sustainable financeGreen taxonomy
  • 2026-05-18AlbaniaBank of Albania

    Bank of Albania grants banking and financial licence to Turkiye Cumhuriyeti Ziraat Bankasi Albania branch

    The Bank of Albania’s Supervisory Council has granted a licence for the Albanian branch of foreign bank Turkiye Cumhuriyeti Ziraat Bankasi A.S. to conduct banking and financial activities, subject to the conditions set out in the licence. The decision follows preliminary approval issued in August 2025 and is based on an assessment under Law 9662/2006 on banks and Supervisory Council Regulation 14/2009 on the licensing and activity of banks and branches of foreign banks in Albania.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-05-18FranceMinistry of Economics & Finance (France)

    France's Ministry of Economics and Finance outlines agenda for fifth No Money For Terror conference in Paris

    France’s Ministry of Economics and Finance published materials for the fifth No Money For Terror conference, to be held in Paris as a flagship event of France’s G7 presidency and bringing together more than 70 international delegations to strengthen cooperation against terrorist financing. The agenda focuses on preventing misuse of financial innovation, addressing links with organized crime, countering funding models based on territorial control, and supporting financial reinclusion, drawing on the Financial Action Task Force’s July 2025 global review of terrorist financing risks.

    Policy & regulationCooperationAML and CFT
  • 2026-05-18United KingdomHM Treasury

    HM Treasury sets final approach to Consumer Credit Act reform by shifting detailed requirements into Financial Conduct Authority rules

    HM Treasury has issued a policy statement and response to its first phase consultation on reforming the Consumer Credit Act, initiating the first broad modernisation of the regime in over 50 years. The government plans to move many detailed requirements into the Financial Conduct Authority rulebook to allow more flexible updating of rules for credit products, while maintaining existing protections and enforcement. Regulations will be informed by consumer testing and aim to improve the clarity and accessibility of information, including for vulnerable consumers.

    Policy & regulationReform agendas & prioritiesConsumer and investor protection
  • 2026-05-18United KingdomBank of England

    Bank of England consults on RTGS and CHAPS extension with Sunday and bank holiday settlement from 2029 and 22x6 operation from 2031

    The Bank of England has launched a consultation on extending Real-Time Gross Settlement (RTGS) and CHAPS operating hours toward near 24x7, including a preferred sequence of adding Sunday and certain UK bank holiday settlement from no earlier than 2029, followed by longer daily hours from no earlier than 2031. The paper outlines a potential move to 22x6 operation, explores a 22x7 or 23.5x7 end-state, and seeks evidence on use cases, costs, operational and liquidity implications, and differing operating models for CHAPS and other RTGS services.

    Policy & regulationReform agendas & prioritiesPayments and payment systems
  • 2026-05-18JapanJapan Financial Services Agency

    Japan Financial Services Agency publishes Finance Minister briefing on G7 move toward coordinated critical minerals action and frontier AI cyber measures

    Japan’s Financial Services Agency reported Finance Minister Katayama’s account of the G7 Finance Ministers and Central Bank Governors Meeting, which addressed Middle East-driven inflation and market volatility, secure navigation in the Strait of Hormuz, and food and fertilizer supply chain risks. Katayama said ministers advanced work on critical minerals, frontier AI cyber risk, financial crime and global imbalances, including responses to China’s critical mineral policies, faster sharing of cyber risk countermeasures, and stronger FATF engagement on terrorist financing and crypto assets. He said there was no discussion of coordinated G7 bond market or FX intervention, and experts will develop more concrete measures for the Evian Summit.

    Policy & regulationCooperationFinancial stability and systemic riskGeopolitical risk
  • 2026-05-18United KingdomPrudential Regulation Authority

    Prudential Regulation Authority issues letter to chief executive officers of all banks and designated investment firms

    The Prudential Regulation Authority published a letter from Executive Directors David Bailey, Charlotte Gerken and Rebecca Jackson addressed to chief executive officers of all banks and designated investment firms. The letter’s content is not disclosed in the summary.

    Policy & regulationGuidance & interpretationOther
  • 2026-05-18United KingdomPrudential Regulation Authority

    Prudential Regulation Authority updates interim cryptoasset prudential expectations and says tokenised traditional assets generally follow existing treatment

    The Prudential Regulation Authority has updated its interim expectations for the prudential treatment of tokenised assets, stablecoins and other cryptoasset exposures, replacing its 2022 guidance while retaining the requirement to apply the full prudential framework and a 100% market risk capital charge for unbacked cryptoassets. It confirms that tokenised traditional assets should generally receive the same prudential treatment as equivalent non-tokenised assets where legal rights and risks are comparable, using Basel Committee standards as a reference where rules allow discretion. A full prudential framework will be consulted on only after the Basel Committee completes its targeted review, not before 2028.

    Policy & regulationGuidance & interpretationPrudential risksStablecoinsTokenization
  • 2026-05-18SerbiaRepublic of Serbia Securities Commission

    Securities Commission of the Republic of Serbia outlines digital assets implementation experience and capital market integration at conference

    At a conference on digital assets enforcement, the Republic of Serbia Securities Commission outlined practical experience with implementing the Law on Digital Assets, including market development via white papers and digital asset service providers and potential integration with the capital market. The Commission stressed that financial literacy, legal clarity, and stronger market infrastructure are necessary for sustainable development and further alignment with European standards.

    Policy & regulationGuidance & interpretation
  • 2026-05-18Hong KongFinancial Services and the Treasury Bureau (Hong Kong)

    Hong Kong Financial Services and the Treasury Bureau reappoints Lisa Chen and appoints Elisa Ng to Securities and Futures Commission executive director posts for three year terms

    The Financial Services and the Treasury Bureau announced the reappointment of Lisa Chen Ping as Executive Director Legal Services and the appointment of Elisa Ng Ka-li as Executive Director Investment Products of the Securities and Futures Commission, both for three-year terms starting in May and June 2026 respectively. Chen continues to lead the Legal Services Division, while Ng joins from senior asset management and funds roles following an open recruitment process led by a selection panel chaired by the Securities and Futures Commission Chairman.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-18Hong KongHong Kong Securities & Futures Commission

    Hong Kong Securities and Futures Commission appoints Elisa Ng as Executive Director of Investment Products and reappoints Lisa Chen as Executive Director of Legal Services for three years

    The Hong Kong Securities and Futures Commission announced the appointment of Elisa Ng as Executive Director of Investment Products and the reappointment of Lisa Chen as Executive Director of Legal Services for a further three-year term. Ng joins from J.P. Morgan Asset Management Hong Kong, where she was Chief Executive Officer and Head of Hong Kong Funds and Institutional Business, and previously served as Chairman of the Hong Kong Investment Funds Association and as a member of the SFC Advisory Committee.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-18Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority warns of fraudulent website impersonating Hong Kong Interbank Clearing Limited

    The Hong Kong Monetary Authority issued an alert after Hong Kong Interbank Clearing Limited identified a fraudulent website impersonating HKICL and directing users to WhatsApp chats with fraudsters posing as customer service. HKICL clarified it has no affiliation with the site, does not use WhatsApp or proactively contact the public, and urged users to verify suspicious communications via its official website and report suspected fraud to the Police.

    SupervisionAlertsFraud and scams
  • 2026-05-18Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority alerts public to reported fraudulent bank websites and phishing scams

    The Hong Kong Monetary Authority has issued a public warning on scams involving fraudulent bank websites, fake internet banking login screens, phishing emails and related activities. It reiterated that banks do not send embedded hyperlinks for transactions or request sensitive information such as passwords or one-time passwords by phone, email or SMS, and advised affected individuals to contact their bank and the Hong Kong Police Force.

    SupervisionAlertsFraud and scams
  • 2026-05-18AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission secures AUD 33.5 million court penalty against Snaffle for unlawful credit overcharging

    The Australian Securities & Investments Commission reported that the Federal Court ordered Walker Stores Pty Ltd, trading as Snaffle, to pay an AUD 33.5 million penalty for unlawfully overcharging consumers under credit contracts. The Court found the firm miscalculated interest on more than 38,000 contracts between September 2021 and February 2025, causing nearly AUD 20 million in excess interest and breaching the 48% annual cost rate cap. Walker Stores must also publish an adverse publicity notice and pay ASIC’s legal costs.

    EnforcementInvestigations & enforcement actionsConsumer and investor protection
  • 2026-05-18GeorgiaNational Bank of Georgia

    National Bank of Georgia plans memorandum with India to deepen central bank cooperation on payments and financial services

    The National Bank of Georgia held an introductory meeting with India’s new ambassador, Shri Amit Kumar Mishra, to discuss closer cooperation between the two countries’ central banks, including a planned memorandum of understanding. Talks focused on prospects for collaboration in payment systems and financial services, as well as the National Bank of Georgia’s current and planned projects.

    Policy & regulationCooperationDomestic cooperation
  • 2026-05-18FranceFrance Autorite des marches financiers

    French Financial Markets Authority mediator clarifies handling of incomplete SCPI withdrawal requests and highlights 30 day deadline to keep register rank

    The French Financial Markets Authority, via a mediator blog post on a variable-capital SCPI complaint, clarified that withdrawal requests with minimum required elements may be recorded in the chronological register on receipt but remain non-executable until all documents are provided. The management company concerned now requires incomplete requests to be completed within 30 days to retain their original rank, otherwise they are re-dated to when missing documents are received. Referring to Article 422-218 of the AMF General Regulation, the post stresses that SCPI documentation should clearly set out minimum information for registration, required documents for execution, and any deadlines and consequences for curing incomplete files.

    Policy & regulationGuidance & interpretationComplaints and dispute resolution
  • 2026-05-18LaosBank of the Lao

    Bank of the Lao PDR keeps 7 day policy rate at 8% and approves further foreign exchange and credit measures

    The Bank of the Lao PDR’s Monetary Policy Committee kept the 7‑day policy rate at 8% and reaffirmed a coordinated policy mix to contain inflation and support exchange rate stability amid renewed price pressures and ongoing foreign exchange and debt constraints. It reviewed earlier decisions and approved continued foreign exchange management, Treasury Single Account consolidation, central bank bond issuance, and joint work with fiscal and industry authorities to adjust credit policies supporting production, import substitution and exports.

    Monetary policyPolicy rate decisionsFinancial and market indicatorsSupervision process and methodologies
  • 2026-05-18ChinaCentral Bank of the Republic of China

    People's Bank of China sets nine priorities for 2026 internal audit work with emphasis on remediation and technology

    The People's Bank of China held its 2026 internal audit work conference and set nine priorities for internal audit units, emphasizing accurate problem identification, higher audit quality, stronger follow-up remediation and closer alignment with the bank’s broader priorities. The bank called for more standardized, law-based, technology-enabled audit practice, closer cooperation with other oversight functions, and stricter integrity standards, noting that 2025 audits had identified key issues and driven rectification and process improvements.

    Institutional developmentGovernanceAuditing
  • 2026-05-18SpainBank of Spain

    Bank of Spain launches children’s call for euro banknote design ideas ahead of 19 June 2026 deadline

    The Bank of Spain has launched “Imagine your banknotes”, inviting children aged 6 to 12 to submit drawings based on the Eurosystem’s shortlisted themes for the next euro banknote series, European culture or rivers and birds of Europe. The initiative, which includes prizes and a virtual exhibition of selected drawings, forms part of the wider European Central Bank process to select the final design for the new euro banknotes by end-2026.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-05-18IraqCentral Bank of Iraq

    Central Bank of Iraq grants licence to Al Nahla for financial services electronic payments blockchain and digital technologies

    The Central Bank of Iraq has granted a licence to Al Nahla Company to provide financial services, electronic payment, blockchain and digital technologies. The authorisation enables Al Nahla Company to operate as a regulated provider in Iraq’s financial services and digital technology sector.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-05-18United StatesU.S. Securities & Exchange Commission

    U.S. Securities & Exchange Commission rescinds no-deny settlement rule and will not enforce existing provisions

    The U.S. Securities & Exchange Commission has rescinded Rule 202.5(e), ending its requirement that parties settling enforcement actions with sanctions agree not to publicly deny the allegations. The Commission will not enforce existing no-deny provisions or reopen settled cases for breaches, and said the change aligns its practice with other federal agencies and supports more flexible, resource-efficient settlements without altering its general approach to admissions.

    Policy & regulationRules & requirementsOther
  • 2026-05-18ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission trains staff for 2026 integrity and transparency assessment under revised anti corruption criteria

    The Thailand Office of Insurance Commission conducted internal training to prepare staff for the 2026 Integrity and Transparency Assessment of public agencies under revised criteria set by the National Anti Corruption Commission. The programme emphasised the updated, more qualitative assessment approach and supports efforts to strengthen understanding of the framework, improve public disclosure processes, and upgrade communication and service systems for more effective scrutiny.

    Institutional developmentCooperation & capacity buildingCapacity building
  • 2026-05-18ZambiaBank of Zambia

    Bank of Zambia launches Standardised Mobile Money Agent Training Manual to set uniform conduct and compliance standards

    In launch remarks, the Bank of Zambia officially introduced a standardized mobile money agent training manual to create uniform standards for agent conduct, compliance, customer protection and service delivery. The bank urged payment service providers to embed the manual in onboarding and monitoring and tied the move to broader digital finance growth, interoperability reforms and rising cyber and fraud risks.

    Policy & regulationGuidance & interpretationConsumer and investor protectionFinancial inclusion
  • 2026-05-18AzerbaijanCentral Bank of the Republic of Azerbaijan

    Central Bank of the Republic of Azerbaijan continues fintech and digital transformation training for students at Baku Higher Oil School

    The Central Bank of the Republic of Azerbaijan held a training program on financial technologies and digital transformation for nearly 50 students at Baku Higher Oil School to support the digital financial technology ecosystem and develop human capital. Sessions covered data-driven economic management, digital financial products, payment systems and innovation, data management, and regulation of virtual assets, with central bank representatives sharing current approaches and practical examples.

    Financial literacy & educationFintech and insurtech
  • 2026-05-18AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission sets 2026-27 reporting and audit surveillance priorities with 25 audit file reviews and a Group 1 climate reporting focus

    The Australian Securities & Investments Commission has set its 2026–27 priorities for financial reporting, audit and sustainability reporting oversight, focusing on complex judgements in revenue recognition, asset impairment, financial instruments and decommissioning provisions. It will review financial reports across entities, examine 25 audit files with emphasis on audit quality and independence, and focus on mandatory climate and sustainability reports from Group 1 entities. ASIC will engage with large audit firms on responses to independence findings and assurance methodologies, and participate in the Government’s consultation on reforms to reduce sustainability reporting burdens.

    SupervisionSupervision approach, priorities & toolkitFinancial and market indicatorsSupervisory data
  • 2026-05-18AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission flags disclosure gaps in first mandatory sustainability reports

    The Australian Securities & Investments Commission has issued early observations on the first sustainability reports under Australia’s mandatory regime, noting more consistent climate-related disclosure than under the previous voluntary framework but identifying several practices requiring improvement. ASIC warns against disclaimers that conflict with the statutory framework, calls for clearer disclosure of climate-related risks, judgements and assumptions, tighter use of cross-references, and proper treatment of legally imposed climate targets.

    Policy & regulationGuidance & interpretationClimate risk and sustainable finance
  • 2026-05-18GlobalWorld Bank

    World Bank prices USD 200 million catastrophe bond for Jamaica hurricane cover after 2025 Hurricane Melissa payout

    The World Bank has priced a USD 200 million catastrophe bond for Jamaica under the IBRD’s capital at risk notes program, renewing and expanding parametric hurricane protection after the previous USD 150 million cover was triggered by Hurricane Melissa in October 2025. Oversubscription enabled an upsizing from the initial target, with the bond providing pre-arranged funding for low-frequency, high-impact events as part of Jamaica’s disaster risk financing strategy. The notes, which settle on May 26, 2026 and mature on May 23, 2030, pay compounded SOFR plus a 0.12% funding margin and a 6.75% risk margin and will be listed on the Singapore Exchange.

    Policy & regulationImplementation, projects & pilots
  • 2026-05-18UzbekistanMinistry of Finance (Republic of Uzbekistan)

    Ministry of Finance of the Republic of Uzbekistan announces London Stock Exchange trading start for UzNIF fund holding strategic state assets

    The Ministry of Finance of the Republic of Uzbekistan announced the start of trading of the UzNIF fund on the London Stock Exchange, bringing a portfolio of strategic state assets in sectors including energy, aviation, telecommunications, transport and banking to international capital markets. The ministry highlighted interest from international investors such as BlackRock, Franklin Templeton and Redwheel, and noted the participation of senior presidential officials at the London launch event.

    Policy & regulationImplementation, projects & pilotsMergers and acquisitions
  • 2026-05-18ThailandThailand Securities & Exchange Commission

    Thailand Securities and Exchange Commission asks prosecutor to seek maximum civil sanctions against four in TRITN manipulation case worth THB 40.9 million plus interest

    The Thailand Securities and Exchange Commission has asked the public prosecutor to file a Civil Court lawsuit against four offenders for manipulating the share price or trading volume of Triton Holding Public Company Limited after they refused civil sanctions imposed by the Civil Sanction Committee. The SEC seeks maximum statutory civil sanctions, including payment of THB 40,923,541.40 plus interest, trading and director/executive bans, and has referred the case to the Anti-Money Laundering Office as unfair securities trading is a predicate offense under the Anti-Money Laundering Act B.E. 2542 (1999).

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2026-05-18South KoreaSouth Korea Financial Supervisory Service

    South Korea Financial Supervisory Service reports domestic securities firms' overseas net income rose 67.8% in 2025

    The South Korea Financial Supervisory Service reported that domestic securities firms’ overseas businesses in 2025 generated USD455.8 million in net income, up 67.8% year-on-year, with assets rising 4.3% to USD35.74 billion and shareholders’ equity up 7.8% to USD8.77 billion. Sixteen firms operated 83 subsidiaries and 10 offices in 15 countries, with 71.0% of operations in Asia and overseas activities accounting for 7.2% of aggregate assets, 17.3% of equity and 8.7% of net income. Of the 83 subsidiaries, 51 were profitable and overseas businesses were profitable in 13 jurisdictions including the US and Hong Kong, while China and Japan recorded net losses.

    Data & statisticsFinancial and market indicators
  • 2026-05-18South KoreaSouth Korea Financial Services Commission

    South Korea Financial Services Commission reports April household loans rose KRW3.5 trillion and flags risks from bank mortgage growth

    South Korea’s Financial Services Commission reported outstanding household loans across all financial sectors rose by a preliminary KRW3.5 trillion in April 2026, with faster mortgage lending offset by a sharp decline in other loans. Banks drove most of the increase, while nonbank lending growth slowed and some segments stayed in contraction. The authority flagged risks from stronger bank mortgage growth and will closely monitor mortgage loan management targets and continue inspections of lending rule breaches in the housing market.

    SupervisionRisk monitoring & watch pointsLending
  • 2026-05-18MexicoCONDUSEF

    Mexico's National Commission for the Protection and Defense of Users of Financial Services reports only 4 of 15 multiple banking institutions fully complied with credit card transparency rules

    Mexico’s National Commission for the Protection and Defense of Users of Financial Services published results of its 2025 financial transparency supervision of 15 multiple banks’ credit card current account products, finding four institutions fully compliant and ten partially compliant after remediation. The two-stage review focused on clarity and consistency of customer information and disclosure materials, with the average score rising from 5.2 to 8.3, and did not assess commissions, interest rates or card suitability.

    SupervisionReviews, inspections & stress testsSupervision process and methodologies
  • 2026-05-18MexicoCONDUSEF

    Mexico's National Commission for the Protection and Defense of Users of Financial Services reports only 3 of 11 banks fully complied with transparency rules for simple loans to individuals

    Mexico’s National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) published 2025 supervision results on financial transparency for 11 banks offering simple loans to individuals, reporting an average score improvement from 5.1 to 7.8 after remediation, with only three institutions fully compliant. The review identified persistent deficiencies in disclosure of commissions, complaint and contract termination procedures, credit report authorization, account statement and payment terms, transaction receipts, and website information, and CONDUSEF stated that supervisory action will continue and that corrections do not preclude sanctions.

    SupervisionReviews, inspections & stress testsConsumer and investor protection
  • 2026-05-18MexicoCONDUSEF

    Mexico's National Commission for the Protection and Defense of Users of Financial Services finds only one of seven banks fully compliant in 2025 current account credit transparency review

    Mexico’s National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) published results of its 2025 financial transparency supervision of seven banks offering current account credit, finding only one fully compliant institution after remediation and an average score rising from 5.2 to 6.4. The review identified persistent breaches in disclosure of commissions, complaints procedures, contract termination, account statements, credit report authorisation, marketing restrictions for users in REUS, transaction receipts and website information, and CONDUSEF stressed that remediation does not preclude sanctions.

    SupervisionReviews, inspections & stress testsConsumer and investor protection
  • 2026-05-18AustraliaReserve Bank of Australia

    Reserve Bank of Australia and DFCRC release Project Acacia findings and outline program for wholesale tokenised markets

    The Reserve Bank of Australia and the Digital Finance Cooperative Research Centre published a Project Acacia report on how digital money and settlement innovations could support wholesale tokenised asset markets, finding potential efficiency and resilience gains but also scaling challenges requiring further regulatory and industry work. The project, conducted with industry and supported by ASIC, APRA and the Australian Treasury, tested 20 use cases across multiple asset classes using various forms of digital settlement, including a pilot wholesale central bank digital currency, tokenised commercial bank deposits and stablecoins. The report outlines a multi‑stream work program, including enhanced industry‑regulator cooperation and a potential regulatory sandbox for digital market infrastructure.

    Policy & regulationImplementation, projects & pilotsTokenizationMarket development
  • 2026-05-18United StatesU.S. Securities & Exchange Commission

    U.S. Securities and Exchange Commission rescinds no admit no deny settlement policy that barred public denials

    The U.S. Securities and Exchange Commission has rescinded its long-standing policy that barred settling defendants from publicly denying allegations in enforcement actions. Settling parties will no longer face restrictions on their public statements as a condition of settlement, with the SEC stating that the public can now assess its case alongside any denials by defendants.

    EnforcementEnforcement frameworkOther
  • 2026-05-18BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission highlights expanded financial education work at ENEF 2026 and points to national literacy survey

    The Brazil Securities Commission opened ENEF 2026 financial education week by announcing an expansion of its financial education work, with continued emphasis on investor training and evidence-based public policy. CVM highlighted a planned national financial literacy survey with Banco Central do Brasil under an OECD International Network on Financial Education initiative, and outlined a programme addressing financial inclusion, longevity planning and related investor education topics.

    Financial literacy & educationFinancial literacy and education
  • 2026-05-18GlobalInternational Monetary Fund

    International Monetary Fund completes Trinidad and Tobago Article IV review and urges stronger fiscal consolidation as public debt rises

    The IMF Executive Board’s Article IV consultation with Trinidad and Tobago noted a gradual recovery, with projected real GDP growth of 0.8 percent in 2025, low inflation, a current account surplus and a well-capitalized banking system, but also elevated uncertainty, persistent fiscal deficits, rising public debt and declining reserves. Directors backed stronger fiscal consolidation, including closing tax gaps, cutting non-priority transfers, better targeting social programmes, rebuilding buffers and adopting a medium-term fiscal framework with a fiscal rule and debt anchor. They also urged monetary tightening toward neutral, improved foreign exchange market functioning, greater exchange rate flexibility over time, and vigilance over sovereign-financial linkages and cyber and climate risks.

    Policy & regulationInternational standards & recommendationsEconomic data and developments
  • 2026-05-18United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member condemns renewed sanctions relief for Russian oil

    Elizabeth Warren and Jeanne Shaheen, Ranking Members of the Senate Banking and Foreign Relations Committees, criticized the Trump Administration for extending Treasury’s temporary sanctions relief for Russian oil after General License 134B expired on May 16, 2026. They argued the extension sustains Russian oil revenues without clear benefits for U.S. consumers or energy markets, does not limit prices Russia can charge, and reduces sanctions risk, enabling higher Russian oil prices amid ongoing Russian military actions and support for Iran.

    OtherSanctions list update
  • 2026-05-17CambodiaSecurities and Exchange Regulator of Cambodia

    Securities and Exchange Regulator of Cambodia holds fourth investor forum for civil servants on long term securities investment

    The Securities and Exchange Regulator of Cambodia, together with Royal Group Securities Plc. and the Cambodia Securities Exchange, held the fourth Investor Forum for civil servants from five ministries and government institutions on 11 May 2026. The event, attended by about 100 participants, provided an overview of investment opportunities in the securities market and practical guidance on stock trading via the CSX Trade application.

    Financial literacy & educationSecurities offerings and listings
  • 2026-05-17Saudi ArabiaMinistry of Finance (Saudi Arabia)

    Saudi Arabia's Ministry of Finance calls for practical outcomes on growth and sovereign debt coordination at G20 deputies meeting

    The Ministry of Finance of Saudi Arabia reported that Deputy Minister for International Relations Khalid Bawazier led the Kingdom’s delegation to the third G20 Finance and Central Bank Deputies meeting in Fort Lauderdale, Florida. He underscored progress in the G20 Finance Track and urged continued focus on practical outcomes, including support for sustainable growth, better coordination among creditors on sovereign debt and stronger international economic cooperation, including with the U.S. private sector.

    Policy & regulationCooperationCross-border cooperationFinancial stability and systemic risk
  • 2026-05-17IraqCentral Bank of Iraq

    Central Bank of Iraq convenes licensed payment providers on compliance and infrastructure upgrades for electronic payments

    The Central Bank of Iraq held an expanded meeting in Baghdad with licensed electronic payment service providers to review sector challenges and discuss measures to improve services and support digital transformation. Discussions focused on strengthening compliance with Central Bank rules, modernising infrastructure and supervisory systems in line with international standards, and developing initiatives to enhance security, efficiency, reliability and financial inclusion in the electronic payments environment.

    Policy & regulationCooperationPayments and payment systems
  • 2026-05-17AlgeriaAlgeria Market Authority (COSOB)

    Algeria Market Authority holds study day on financial market reforms and alternative financing

    The Algeria Market Authority and IFAG Higher Institute held a study day on the Algerian financial market, aimed at students and focused on growth opportunities, market development and alternative financing mechanisms. Discussions also reviewed regulatory reforms launched since 2023 and recent developments at the Algiers Stock Exchange.

    Financial literacy & educationMarket development
  • 2026-05-17PeruCentral Bank of Peru

    Central Bank of Peru reports USD 41.423 billion 12-month trade surplus through March 2026 and USD 4.157 billion March surplus

    The Central Bank of Peru reported a March 2026 trade surplus of USD 4,157 million and a 12‑month cumulative surplus of USD 41,423 million, with the monthly surplus USD 1,719 million higher than in March 2025 as exports outpaced imports. March exports rose 38.4 percent year-on-year to USD 9,947 million on higher prices despite flat volumes, while imports increased 21.9 percent to USD 5,790 million, and the first-quarter trade surplus widened to USD 12,867 million from USD 6,877 million a year earlier.

    Data & statisticsBalance of payments and other external statistics
  • 2026-05-17LibyaCentral Bank of Libya

    Central Bank of Libya confirms second phase of US dollar cash distribution after completing nationwide first phase

    The Central Bank of Libya said it has completed the first nationwide phase of US dollar cash distribution to commercial bank branches and is preparing a second phase. Nomisma, the contracted supplier, said it is ready to provide additional large tranches of USD cash and technical support. The central bank linked the rollout to upgraded compliance systems and a new foreign exchange regulatory framework.

    Monetary policyMonetary policy instruments & operationsCurrency and cash management
  • 2026-05-17JordanJordan Securities Commission

    Jordan Securities Commission joins United States Securities and Exchange Commission annual institute to deepen cross border regulatory cooperation

    The Jordan Securities Commission reported that board member Mohammad Abd al-Sattar Jaradat represented Jordan at the 32nd annual International Institute for Securities Market Growth and Development, organised by the US Securities and Exchange Commission and attended by regulators from over 54 countries. The engagement, covering virtual asset regulation, AML/CFT, risk-based supervision, data analytics and AI, capital formation and cyber security, supports efforts to exchange expertise, deepen cross-border cooperation and align Jordan’s regulatory frameworks with international practice.

    Policy & regulationCooperationCross-border cooperationSupervision process and methodologies
  • 2026-05-17FranceMinistry of Economics & Finance (France)

    France's Ministry of Economics and Finance sets out G7 finance priorities ahead of Evian summit

    France’s Ministry of Economics and Finance published the agenda for the G7 Finance Ministers and Central Bank Governors meeting it will host with the Bank of France on 18–19 May, as a preparatory step for G7 leaders’ June decisions on global imbalances, developing country partnerships, critical minerals supply chains, and crisis management and financial stability. Ministers will seek closer positions on inflation responses, industrial resilience and economic sovereignty, debt, financial stability, and international solidarity including support for Ukraine, while working on modernising development partnerships, mobilising private capital, improving conditions for critical minerals investment, and supporting Financial Stability Board initiatives on cyber, artificial intelligence and extreme weather risks. The meeting will, for the first time, include Brazil, South Korea, India and Kenya, as well as major international organisations and Ukraine’s finance minister.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2026-05-17HungaryNational Bank of Hungary

    National Bank of Hungary awards Sándor Lámfalussy Award to Polish central bank Governor Adam Glapiński

    The National Bank of Hungary awarded the Sándor Lámfalussy Award to Adam Glapiński, Governor of the Polish central bank, at a gala ahead of the Lámfalussy Conference. Governor Mihály Varga highlighted the bank’s new operational model focused on its primary objective, reduced inflation within the tolerance band, and record-high foreign exchange and gold reserves supporting financial stability, and credited Glapiński with contributing to international, especially European, financial cooperation and stability.

    Other
  • 2026-05-17TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority joins youth insurance debate to expand insurance literacy

    The Tanzania Insurance Regulatory Authority participated in an insurance debate organised by the Tanzania Insurance Institute to improve young people’s understanding of insurance and test their sector knowledge. The event gathered secondary school and university students with industry stakeholders, and TIRA highlighted early insurance education as key to informed financial decisions and building a culture of risk protection.

    Financial literacy & educationFinancial literacy and education
  • 2026-05-17South KoreaBank of Korea

    Bank of Korea reports faster April bank lending growth as bank deposits fall and funds under management jump KRW 99.6 trillion

    The Bank of Korea’s April 2026 Financial Market Trends report shows a late-month rebound in Treasury bond yields, a strong equity rally and firmer bank credit growth, alongside a shift from bank deposits into asset management products. Household loans rose KRW 2.1 trillion, driven by housing-related borrowing, while corporate lending increased KRW 10.7 trillion amid higher funding needs for taxes, dividends and bond redemptions. Transferable deposits declined, time deposits and money market funds grew, and the KOSPI surged on semiconductor strength and improved earnings expectations.

    Data & statisticsFinancial and market indicatorsMonetary data
  • 2026-05-17QatarQatar Financial Centre

    Qatar Financial Centre joins Gulf Capital Market Association as associate member to support local investment management association

    The Qatar Financial Centre has joined the Gulf Capital Market Association as an associate member to support a more structured and competitive financial ecosystem in Qatar, building on a February 2025 memorandum of understanding to deepen cooperation and explore a local GCMA Asset Management Chapter. The move underpins plans to develop a local investment management association to represent industry views, promote best practices, and engage with regulators, announced at a Qatar Financial Centre asset management roundtable with senior industry leaders.

    Policy & regulationCooperationMarket development
  • 2026-05-17South KoreaMinistry of Economy & Finance (South Korea)

    South Korea's Ministry of Economy and Finance announces London investor outreach and Paris G7 finance meetings for Deputy Prime Minister Koo Yun-cheol

    South Korea’s Ministry of Economy and Finance announced that Deputy Prime Minister Koo Yun-cheol will visit London and Paris to brief global investors on the Korean economy, meet major financial institutions, and attend the Group of Seven Finance Ministers and Central Bank Governors meeting as an invited country. Koo will highlight Korea’s capital market and innovation policies, discuss foreign exchange and capital market reforms with firms including HSBC and Schroders, explore AI-based development cooperation with the European Bank for Reconstruction and Development, and present Korea’s emergency economic measures and global outlook at the G7 finance meeting.

    OtherCross-border cooperation
  • 2026-05-17South KoreaMinistry of Economy & Finance (South Korea)

    Ministry of Economy and Finance of South Korea outlines G20 finance deputies discussions and says its supply chain proposal won support

    South Korea’s Ministry of Economy and Finance reported on the third 2026 G20 Finance and Central Bank Deputies Meeting, highlighting Korea’s emergency economic response, regulatory reform programme, and proposals to stabilize energy and critical minerals supply chains. As co-chair of the G20 Global Imbalances Study Group, Korea called for joint action by surplus and deficit countries, supported more efficient sovereign debt restructuring and better debt transparency, and outlined steps to ease financial regulation, monitor cross-border virtual asset transactions, and strengthen financial education.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2026-05-16BahamasCentral Bank of the Bahamas

    Central Bank of the Bahamas publishes 15 May 2026 Bahamas Registered Stock secondary market prices

    The Central Bank of the Bahamas has published secondary market prices for Bahamas Registered Stock as of 15 May 2026, detailing bid and ask prices and corresponding yields for fixed-rate and floating-rate government securities maturing between May 2026 and October 2054. The Bank confirms it will buy at the bid and sell at the ask, with quoted yields ranging from 3.38% on shorter-dated issues to 6.50% on the longest-dated 2054 securities, and prices excluding accrued interest.

    Data & statisticsFinancial and market indicators
  • 2026-05-16ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission coordinates insurers after Makkasan train and bus crash to accelerate compensation for 8 deaths and 30 injuries

    The Thailand Office of Insurance Commission reported that its Secretary-General made an urgent site visit after a fatal train–bus collision in Bangkok and coordinated with insurers to verify coverage and accelerate payment of claims and medical expenses. The bus held compulsory motor insurance with Dhipaya Insurance and voluntary insurance with Muang Thai Insurance, and the authority has instructed insurers to expedite compensation while checking for additional life or personal accident cover and coordinating with transport operators, hospitals and insurers to gather casualty data.

    SupervisionInterventionsOther
  • 2026-05-16OmanOman Financial Services Authority

    Oman Financial Services Authority reports 2025 insurance revenue above RO 500 million, digital premiums up 35.5%

    The Oman Financial Services Authority reported that Oman’s insurance sector generated RO 501.6 million of revenue in 2025, with net profit rising 36% to about RO 34.3 million. Gross written premiums increased 8.9% and claims fell 4.1%, supported by stronger investment income and improved underwriting. Digital premiums rose 35.5%, while Takaful revenue reached about RO 75.35 million.

    Data & statisticsActivity and performance reporting
  • 2026-05-16TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority discusses sandbox framework and innovation collaboration with Cenfri and FSD Africa

    The Tanzania Insurance Regulatory Authority reported on a strategic meeting with Cenfri and FSD Africa on collaboration to support innovation in Tanzania’s insurance sector. Discussions covered enhancing regulatory sandboxes, data analytics, stakeholder engagement and public awareness, and creating a more enabling environment for innovative insurance solutions. TIRA said the meeting is part of its broader efforts to strengthen the sector through technology and inclusive regulatory approaches.

    Policy & regulationCooperationFintech and insurtechRegulatory sandbox
  • 2026-05-16TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority Insurance Commissioner attends first National Road Safety Council meeting for second consecutive term

    The Tanzania Insurance Regulatory Authority reported that Insurance Commissioner Dr. Baghayo Saqware attended the first meeting of the National Road Safety Council in Dodoma, marking his second consecutive term representing the insurance sector on the statutory body. He was recognized for advancing motor vehicle insurance priorities, including improving support for road incident victims and reinforcing compliance with motor insurance law, and committed to continued cooperation with government bodies on road safety.

    Policy & regulationCooperationLeadership change and appointments
  • 2026-05-16EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority highlights FRA Sandbox role in Insurtech Challenge 2026 as three teams win

    The Egypt Financial Regulatory Authority highlighted its use of the FRA Sandbox to support innovation in non-bank financial activities, including the Insurtech Challenge 2026 run with the American University in Cairo Venture Lab. The authority emphasized partnerships with incubators and accelerators to align startup solutions with regulatory and market requirements, and reported that three winning projects focused on customer experience, access to insurance, operational efficiency and digital outreach.

    SupervisionInnovation & testingFintech and insurtechRegulatory sandbox
  • 2026-05-16EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority holds World Bank workshop for private insurance fund boards on governance and conflict controls

    The Egypt Financial Regulatory Authority and the World Bank held a capacity-building workshop for board members of private insurance funds to strengthen governance and management under Egypt's Unified Insurance Law No. 155 of 2024. The programme covered international good practice in fund governance, monitoring economic developments, board operating rules, regulatory compliance and risk management, linking stronger governance and transparency to improved oversight of investments and returns for nearly 4 million beneficiaries in over 660 private insurance funds.

    Policy & regulationImplementation, projects & pilotsCorporate governance
  • 2026-05-16IndiaIndia International Financial Services Centres Authority

    India International Financial Services Centres Authority discusses GIFT IFSC trade finance and SEZ enhancements with Department of Commerce

    The India International Financial Services Centres Authority hosted India’s Commerce Secretary at GIFT City for high-level discussions on using the GIFT IFSC framework to support ease of doing business in international trade, including global capital flows, trade financing and cross-border financial services. IFSCA highlighted ecosystem growth to over 1,000 registered entities under more than 35 regulations and 17 frameworks, and discussed potential enablers such as Special Economic Zone enhancements, leasing development and metals and commodities opportunities. It reported that in 2025-26 GIFT IFSC international banking units provided USD 50 bn in trade finance, while ITFS platforms and factoring companies provided USD 111 million in bill factoring to SMEs.

    Policy & regulationCooperationMarket developmentSupervision process and methodologies
  • 2026-05-16KuwaitCentral Bank of Kuwait

    Central Bank of Kuwait highlights women making up 57.1 percent of staff and 58.5 percent of leadership roles

    The Central Bank of Kuwait marked Kuwaiti Women’s Day by outlining measures to support women’s progression, noting that women represent 57.1 percent of its workforce and 58.5 percent of leadership positions. It highlighted training programmes, equal access to roles across all levels, and the allocation of 50 percent of study scholarships over the past decade to women, and stated it will continue its equal opportunity approach.

    Institutional developmentWorkforce & recruitmentDiversity and inclusion
  • 2026-05-16IndonesiaOJK

    Indonesia Financial Services Authority reports 10.49 percent Islamic banking asset growth and outlines consolidation and new product rules

    The Indonesia Financial Services Authority reported continued expansion of the Islamic banking sector through March 2026, with assets up 10.49 percent year on year to IDR 1,061.61 trillion, financing up 9.82 percent to IDR 716.40 trillion, and third-party funds up 11.14 percent to IDR 811.76 trillion. OJK highlighted sector-deepening measures, including consolidation and spin-offs in Islamic commercial and rural banks, issuance of nine Islamic product guidelines and Regulation No. 4 of 2026 on Islamic banking investment products, and implementation of new sharia-based instruments such as Cash Waqf Linked Deposits and Shariah Restricted Investment Accounts.

    Policy & regulationImplementation, projects & pilotsOperational excellence
  • 2026-05-16TajikistanNational Bank of the Republic of Tajikistan

    National Bank of the Republic of Tajikistan holds seminar on IFRS changes and ESG reporting for financial credit institutions

    The National Bank of the Republic of Tajikistan, together with KPMG, held a training seminar for financial credit institutions on recent changes to International Financial Reporting Standards and on environmental, social and governance reporting. The seminar covered amendments to IFRS 9 and IAS 21, forthcoming standards IFRS 18 and IFRS 19, and highlighted how timely implementation of new IFRS requirements and ESG principles can support more reliable reporting and closer alignment with international practice.

    Policy & regulationGuidance & interpretationAccounting and financial reportingESG
  • 2026-05-16PhilippinesPhilippines Insurance Commission

    Philippines Insurance Commission reports first-quarter premiums rose to PHP 140.85 billion and benefits reached PHP 43.44 billion

    Preliminary Philippines Insurance Commission data show first-quarter 2026 premiums increased to PHP 140.85 billion and benefit payments rose to PHP 43.44 billion. Assets and invested assets also grew, while net income declined 1.75% mainly because of higher benefit payments.

    Data & statisticsActivity and performance reporting
  • 2026-05-16PhilippinesPhilippines Insurance Commission

    Philippines Insurance Commission reports 15.95% growth in HMO assets and more than 40% rise in net income in Q1 2026

    The Philippines Insurance Commission reported that HMO assets rose 15.95% year on year to PHP 101.44 billion in Q1 2026, while net income increased by more than 40% to PHP 818.7 million. Membership fees grew faster than benefits paid, maintaining a stable benefit-to-contribution ratio.

    Data & statisticsActivity and performance reporting
  • 2026-05-15CubaCentral Bank of Cuba

    Central Bank of Cuba conducts Meteoro 2026 disaster response drill for the banking and financial system

    The Central Bank of Cuba conducted the Meteoro 2026 exercise to test and strengthen disaster response capabilities across the banking and financial system and assess implementation of Directive 1 of the President of the National Defence Council. Held under the National Security and Protection System campaign, the drill reviewed the civil defence framework and updated participants on the upcoming cyclone season, while President Juana Lilia Delgado Portal urged coordinated implementation and regular reporting.

    Institutional developmentCooperation & capacity buildingOperational risk and resilienceClimate risk and sustainable finance
  • 2026-05-15Dominican RepublicSuperintencencia de Bancos de la Republica Dominicana

    Superintendency of Banks of the Dominican Republic reports foreign currency loan portfolio at USD 10.23 billion and 24% of total credit

    The Superintendency of Banks of the Dominican Republic reported that the foreign currency loan portfolio reached USD 10,228.52 million at end-December 2025, or 24% of total credit, with delinquency at 0.6% and provisions on loans more than 90 days past due covering 357.3% of exposure. The electricity sector accounted for 19.4% of this portfolio, followed by tourism at 18.6% and real estate at 11.1%, with 41.2% of lending to foreign-currency-generating sectors and delinquency in line with the five-year average.

    SupervisionRisk monitoring & watch pointsBalance of payments and other external statistics
  • 2026-05-15AngolaAngola Capital Markets Commission

    Angola Capital Markets Commission joins launch of BIOFIN biodiversity finance initiative in Angola

    The Angola Capital Markets Commission participated in a Luanda workshop launching the Biodiversity Finance Initiative in Angola, organised by the United Nations Development Programme with environmental and financial institutions. The workshop presented BIOFIN, discussed biodiversity financing opportunities and investment in environmental conservation, and proposed establishing a BIOFIN National Committee to support integration of environmental issues into national economic and financial planning.

    Policy & regulationCooperationClimate risk and sustainable financeMarket development
  • 2026-05-15AngolaAngola Capital Markets Commission

    Angola Capital Markets Commission updates draft governance regulation for non bank financial institutions linked to capital markets and investment

    The Angola Capital Markets Commission has updated the draft regulation on the governance of non-bank financial institutions linked to capital markets and investment as part of Public Consultation Process No. 1/26. The other proposed measures in the consultation package remain unchanged.

    Policy & regulationRules & requirementsOther
  • 2026-05-15JapanJapan Securities and Exchange Surveillance Commission

    Japan Securities and Exchange Surveillance Commission recommends administrative action against Takumi Investment Advisors over use of JPY 80 million from four clients for redemptions and false reports

    Japan’s Securities and Exchange Surveillance Commission has urged the Prime Minister and Financial Services Agency Commissioner to take administrative action against Takumi Investment Advisors Co., Ltd. for serious misconduct in its discretionary investment management and advisory businesses. Takumi concentrated client funds in bonds issued by a related company and in B Medical Corporation while its chief investment officer siphoned funds, misused JPY 80 million to meet redemptions, misreported investments, and failed to manage conflicts of interest or notify authorities. The Commission also cited improper advice on RL360 Insurance Company Limited’s Regular Savings Plan, misleading website disclosures, and noted that the Kanto Finance Bureau warned RL360 for unregistered financial instruments trading.

    EnforcementInvestigations & enforcement actions
  • 2026-05-15JapanBank of Japan

    Bank of Japan publishes April 2026 Japanese government bond settlement fail and DVP figures

    The Bank of Japan published its Basic Figures on Fails for April 2026, providing monthly statistics on Japanese government bond settlement fails and related delivery-versus-payment activity. The release, based on the Survey on Fails covering 245 institutions in the JGB book-entry and BOJ-NET JGB DVP systems, reports the number and value of fails, fail duration, buy-ins used, and Government Bond DVP direct debit totals.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-05-15JapanBank of Japan

    Bank of Japan reports preliminary April producer prices up 2.3 percent month on month as export and import prices rise 3.3 percent and 4.9 percent

    The Bank of Japan’s preliminary April 2026 Corporate Goods Price Index shows the Producer Price Index rising 2.3 percent month on month and 4.9 percent year on year to 132.8, driven mainly by petroleum and coal products, chemicals, and electric power, gas and water. Export prices increased 3.3 percent month on month and 9.6 percent year on year on a contract currency basis, while import prices rose 4.9 percent and 7.9 percent respectively, with petroleum, coal and natural gas the main contributors.

    Data & statisticsEconomic data and developments