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2026-09-30•Colombia•Central Bank of Colombia
The Central Bank of Colombia raised its monetary policy rate by 25 basis points to 12.25% by majority vote as headline and core inflation and near-term expectations increased. Headline inflation reached 6.2% in August, and future decisions will depend particularly on El Niño, earthquake recovery and fiscal policy measures.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-30•United States•Office of the Comptroller of the Currency
The US Office of the Comptroller of the Currency reported second-quarter 2026 bank trading revenue of USD 21.6 billion, up 32.5 percent from the previous quarter and 30.6 percent from a year earlier. Derivative notionals reached USD 300.5 trillion, with four large banks holding 80.2 percent of the total.
Data & statisticsActivity and performance reportingMarket risk and volatility
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2026-09-30•United States•Federal Reserve Board
The Federal Reserve Board finalized reforms to increase stress test transparency and cut year-over-year volatility in related capital requirements by about 50%, without materially changing aggregate capital requirements. The rules introduce annual public input, two global market shocks for banks with large trading books and two-year averaging for stress capital buffers from 2028. A separate proposal would revise the noninterest income model to better capture differences in banks’ fee-generating business models.
Policy & regulationRules & requirementsStress testingCapital adequacyFinancial stability and systemic risk
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2026-09-30•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market approved 49 decisions covering private pensions, capital markets infrastructure and market oversight. These included positions on legislation to attract a strategic foreign investor and draft changes affecting enforcement, depositary reporting, collective investment institutions and financial monitoring.
Policy & regulationRules & requirementsMarket infrastructureRegulatory reportingSecurities offerings and listings
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2026-09-30•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority announced three board appointments effective Oct. 1, 2026. Lea Paterson CBE and Matthew Tobin will become non-executive directors, while Deputy Chief Executive Sarah Pritchard will join as an executive member.
Institutional developmentLeadership change & appointmentsLeadership change and appointmentsCorporate governance
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2026-09-30•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority’s third Congress Columns report growth in Belgian fund assets and rapid retail adoption of exchange-traded funds, alongside EUR 303 billion held in regulated savings accounts. The FSMA highlights stronger expectations for ESG controls, value-for-money reviews, benchmark transparency and prudential reporting, while finding no immediate leverage-related stability risks. Planned work covers risk management, private-asset valuations and a possible shift to artificial intelligence-supported ex post supervision of fund advertising.
SupervisionSupervision approach, priorities & toolkitRegulatory reportingESGFinancial benchmarks
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2026-09-30•Global•Ceres
Ceres finds that worsening extreme weather could drive agricultural commodity price spikes two to six times above current levels under 3 degrees Celsius of warming by 2060. Investments in regenerative agriculture could stabilize supplies and protect up to USD 500 million in annual profits for major food companies, but must complement climate mitigation.
ResearchClimate risk and sustainable financeESG
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2026-09-30•Belgium•Belgium Financial Services and Markets Authority
Trading in Warehouses De Pauw shares on Euronext Brussels will reopen at 9 a.m. CET on Sept. 30, 2026.
SupervisionAuthorisations & approvalsTradingMarket development
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2026-09-30•Portugal•Portuguese Insurance Regulator (ASF)
The Insurance and Pension Funds Supervisory Authority found that Portuguese insurers met more than 99% of motor claims handling deadlines in 2025, although the reported noncompliance rate doubled to 0.54%. Average handling times remained below statutory limits, while use of the jointly completed accident statement declined to 49%.
SupervisionReviews, inspections & stress testsClaims managementComplianceRegulatory reporting
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2026-09-30•Portugal•Portuguese Insurance Regulator (ASF)
The Portuguese Insurance and Pension Funds Supervisory Authority is recruiting a permanent information systems programmer, with applications due by the end of Oct. 19, 2026.
Institutional developmentWorkforce & recruitmentRegtech and suptech
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2026-09-30•Italy•Bank of Italy
The Bank of Italy and De Cifris will hold a financial cryptography conference on Oct. 6 covering post-quantum cryptography, quantum risks to public blockchains and privacy-protecting encryption in the public sector.
OtherBlockchain and distributed ledger technologyCyber resilienceData protection
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2026-09-30•Germany•BaFin
The German Federal Financial Supervisory Authority has set reporting expectations for employer insolvency protection events affecting Pensionskassen and insurance based pension fund plans. Institutions must promptly notify the supervisor and PSVaG using the prescribed form, provide available impact information and supplement missing details as soon as possible.
Policy & regulationGuidance & interpretationRegulatory reportingCompliance
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2026-09-30•Germany•BaFin
The German Federal Financial Supervisory Authority has issued a form for Pensionskassen and pension funds to report an employer insolvency event under the German Occupational Pensions Act.
SupervisionRegulatory reporting
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2026-09-30•Europe•European Commission
The European Commission has highlighted ICEYE’s development from a Horizon-funded startup into the operator of the world’s largest synthetic aperture radar satellite constellation. The company employs more than 1,000 people and supplies imagery for security, disaster response, environmental monitoring and insurance.
Policy & regulationImplementation, projects & pilotsClimate risk and sustainable finance
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2026-09-30•United Kingdom•HM Treasury
HM Treasury has appointed Lea Paterson CBE and Matthew Tobin as non-executive directors of the Financial Conduct Authority. They will each begin an initial three-year term on Oct. 1, 2026, bringing experience in regulation, central banking, financial law and systemic risk.
Institutional developmentLeadership change & appointmentsLeadership change and appointmentsCorporate governanceFitness and propriety
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2026-09-30•Aruba•Central Bank of Aruba
The Central Bank of Aruba reported that broad money rose 16.8% year over year to AWG 7,644.6 million in August 2026, while private sector credit increased 15.3%. Annual inflation reached 2.7%, and stay-over visitor numbers grew 9.8%. Commercial banks’ capital and liquidity ratios declined slightly from July.
Data & statisticsCapital adequacyLiquidity riskFinancial stability and systemic risk
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2026-09-30•United Kingdom•Prudential Regulation Authority
The UK Prudential Regulation Authority found that banks and building societies generally maintained effective IFRS 9 ECL controls, but data governance, model monitoring and climate risk capabilities remained uneven. Firms should improve data lineage and preventative controls, strengthen oversight of post model adjustments and connect more granular climate analysis to ECL judgments. The 2027 review will also examine the timely recognition of risks in private market exposures.
SupervisionReviews, inspections & stress testsAccounting and financial reportingCredit riskClimate risk and sustainable finance
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2026-09-30•Hungary•National Bank of Hungary
The National Bank of Hungary kept its countercyclical capital buffer for domestic exposures at 1 percent from Oct. 1, 2027, as cyclical systemic risks remain low and broadly neutral. It also maintained 1 percent sectoral buffers for residential and commercial real estate exposures amid persistent property market risks.
Policy & regulationRules & requirementsCapital adequacyMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-30•Europe•European Securities and Markets Authority
The European Securities and Markets Authority has proposed targeted MiCA reforms covering DeFi gateways, crypto marketing, cost transparency, staking, lending and borrowing. It also seeks stronger powers over token classification, noncompliant stablecoins, fraudulent websites and suspicious crypto-assets. Simplification measures would streamline white paper notifications, authorisations and prudential requirements.
Policy & regulationRules & requirementsBlockchain and distributed ledger technologyDeFiConsumer and investor protection
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2026-09-30•Montenegro•Central Bank of Montenegro
The Central Bank of Montenegro convened European and regional authorities to discuss stronger risk-based AML/CFT supervision, earlier risk detection and better information sharing. Governor Dr Irena Radović called for coordinated action across supervisory, intelligence, law enforcement and anti-corruption bodies, framing effective implementation as part of Montenegro’s European integration.
Policy & regulationCooperationAML and CFTCross-border cooperation
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2026-09-30•Europe•European Insurance and Occupational Pensions Authority
The European Insurance and Occupational Pensions Authority identified extreme heat as the leading climate related liability risk for life and health insurers and occupational pension providers. Current financial effects are limited, but exposure is expected to rise and could affect mortality, morbidity and longevity assumptions across several insurance lines. EIOPA urged insurers to reflect direct and indirect effects in their climate risk assessments.
Policy & regulationGuidance & interpretationClimate risk and sustainable financeRisk managementFinancial stability and systemic risk
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2026-09-30•Europe•European Banking Authority
The European Banking Authority’s 2027 programme prioritizes completing banking reforms, strengthening supervisory convergence and embedding its DORA, MiCA and EMIR responsibilities. It will run a streamlined EU-wide stress test with 55% fewer data points and a climate risk module, while advancing integrated reporting and data sharing. Preparatory work will also begin for the first EU-wide crisis simulation exercise in 2028.
SupervisionSupervision approach, priorities & toolkitStress testingClimate risk and sustainable financeCyber resilience
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2026-09-30•Malaysia•Malaysia Securities Commission
Securities Commission Malaysia and the Hong Kong Securities and Futures Commission have activated a single submission process for simultaneous dual listings. Applicants may use one application and listing document for a primary listing in one market and a secondary listing in the other, supported by coordinated reviews and dedicated regulatory teams.
Policy & regulationImplementation, projects & pilotsSecurities offerings and listingsCross-border cooperationMarket development
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2026-09-30•Afghanistan•Central Bank of Afghanistan
The Central Bank of Afghanistan’s Supreme Council reviewed monetary policy, banking conditions and the expansion of Islamic, electronic and inclusive financial services. First Deputy Governor Sediqullah Khalid reported that the Afghani remained stable over the past year and that public deposits had increased, while the bank did not disclose the specific decisions taken.
Monetary policyMonetary policy assessments & outlooksFinancial stability and systemic riskPayments and payment systemsMacroprudential policy and tools
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2026-09-30•Seychelles•Central Bank of Seychelles
The Central Bank of Seychelles has opened applications for two fully funded 2027 scholarships covering undergraduate and postgraduate study. Digital Forensics has been added as a new field at both levels, and applications close Jan. 29, 2027.
Financial literacy & educationOther
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2026-09-30•Mozambique•Bank of Mozambique
The Bank of Mozambique held the MIMO policy rate at 9.25% and approved an 18-month reserve requirement regime allowing banks to deduct eligible local-currency financing for import substitution or export growth, priced at MIMO plus up to 150 basis points. Annual inflation slowed to 6.5% in August, while the economic recovery remained weak and climate and geopolitical risks elevated.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-30•Middle East•Union of Arab Securities Authorities
The Union of Arab Securities Authorities participated in a regional conference focused on market performance, financial technology and regulatory alignment across Arab financial markets.
Policy & regulationCooperationMarket developmentFintech and insurtechRegulatory reporting
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2026-09-30•Middle East•Union of Arab Securities Authorities
The Union of Arab Securities Authorities participated as an observer in a meeting of Arab central bank governors that finalized priority issues for the 2026 Joint Arab Address. The priorities cover economic resilience, financial stability, digital payments, financial inclusion and banking sector cybersecurity.
Policy & regulationReform agendas & prioritiesFinancial stability and systemic riskMacroprudential policy and toolsPayments and payment systems
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2026-09-30•United States•Federal Housing Finance Agency
The US Federal Housing Finance Agency has set a peer-matched budget for its Office of Inspector General after finding that its original request was nearly nine times the federal average. The request represented 16% of the agency’s operating budget, while inspector general staff account for 18% of its workforce.
Institutional developmentGovernanceAuditingCorporate governance
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2026-09-30•United States•Federal Reserve Bank of Minneapolis
The Federal Reserve Bank of Minneapolis has appointed Laura Vedder assistant vice president in Treasury Services. She will oversee compliance, risk and vendor management, along with organizational change management and communications.
Institutional developmentLeadership change & appointmentsLeadership change and appointmentsComplianceOutsourcing and third-party risk management
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2026-09-30•United States•Federal Reserve Bank of Minneapolis
Federal Reserve Bank of Minneapolis President Neel Kashkari participated in a Council on Foreign Relations conversation moderated by CNBC’s Steve Liesman.
Monetary policyOther
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2026-09-30•Zambia•Bank of Zambia
The Bank of Zambia cut the Monetary Policy Rate by 250 basis points to 10.75 percent after inflation fell to 6.1 percent and the outlook improved. Inflation is expected to remain near the lower bound of the 6 percent to 8 percent target band, although weather, energy prices and tighter global financial conditions present upside risks.
Monetary policyPolicy rate decisionsMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-30•Zambia•Bank of Zambia
The Bank of Zambia outlined a presentation on its monetary policy decision and key economic and financial developments.
Monetary policyPolicy rate decisionsForeign exchange policy and marketsMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-30•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senate Banking Committee ranking member Elizabeth Warren and other Democratic leaders called for FHFA Director Bill Pulte to resign over budget cuts they allege are unlawfully dismantling the agency’s inspector general. They said the cuts could eliminate approximately 40 mortgage fraud law enforcement positions and called for congressional action if Pulte remains in office.
OtherFraud and scamsAuditingCompliance
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2026-09-30•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The agency approved Gabit Mukhtaruly Amanbekov as deputy chief accountant of Freedom Bank Kazakhstan.
SupervisionAuthorisations & approvalsLeadership change and appointmentsCorporate governance
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2026-09-30•India•Insurance Regulatory and Development Authority of India
The Insurance Regulatory and Development Authority of India has extended the feedback period for its proposed Public Insurance Registry, with all other consultation terms unchanged. Stakeholders are asked to focus on the registry’s proposed user stories and consultation questions.
Policy & regulationImplementation, projects & pilotsConsumer and investor protectionRegulatory reportingData management
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2026-09-30•United States•National Credit Union Administration
The National Credit Union Administration liquidated Jackson Area Federal Credit Union after determining it was insolvent, operating unsafely and had no prospect of restoring viable operations. Five Star Credit Union acquired some assets and assumed its share accounts, with no interruption in member services. All accounts remain federally insured under applicable coverage limits.
EnforcementInvestigations & enforcement actionsAsset qualityConsumer and investor protectionFinancial stability and systemic risk
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2026-09-30•Japan•Ministry of Finance (Japan)
Japan conducted no foreign exchange intervention from August 27 through September 28, 2026.
Monetary policyMonetary policy instruments & operationsForeign exchange policy and markets
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2026-09-30•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission reported first day sales of about KRW 214 billion, or 35.7% of the second Public Participation Growth Fund’s KRW 600 billion target, with three securities firms exhausting their initial online allocations.
Policy & regulationImplementation, projects & pilotsCrowdfundingSecurities offerings and listingsMarket development
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2026-09-30•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission urged ETC shareholders to scrutinize its proposed THB 330 million related party acquisition of BWC before voting on Oct. 6, 2026. The independent financial adviser recommends rejection because the price is 11.77% to 30.56% above its valuation, while ETC’s board and audit committee argue the deal supports diversification and reflects BWC’s asset value.
Policy & regulationGuidance & interpretationCorporate governanceMergers and acquisitions
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2026-09-30•Indonesia•OJK
The Indonesia Financial Services Authority has revoked PT Credit Saison Indonesia Finance’s business license after finding that the company could not be restored to sound condition. The firm must stop finance company activities, settle outstanding rights and obligations, and begin dissolution and liquidation procedures.
SupervisionAuthorisations & approvalsRecovery and resolutionCorporate governanceCompliance
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2026-09-30•Indonesia•OJK
Indonesia’s Financial Services Authority approved PT Gadai Mulia Sejahtera and PT Solusi Gadai Pintar to operate nationwide after they met applicable licensing requirements. The approvals increase the number of private pawn companies with nationwide coverage to six, while industry lending reached IDR 160.78 trillion in July 2026.
SupervisionAuthorisations & approvalsLendingComplianceCorporate governance
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2026-09-30•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission and Securities Commission Malaysia have launched a single submission process for simultaneous primary and secondary listings across Hong Kong and Malaysia. Applicants can use one coordinated application package and listing document, with dedicated teams aligning reviews and regulatory queries while preserving each market’s applicable requirements.
Policy & regulationImplementation, projects & pilotsSecurities offerings and listingsMarket development
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2026-09-30•Argentina•Argentina Superintendency of Insurance
Argentina Superintendent of Insurance Guillermo Plate emphasized insurer solvency, stronger supervision and technology-led workplace risk prevention at the 26th ORP International Congress. He said data can help insurers anticipate hazards, while adequate resources are essential to meet claims and protect workers.
SupervisionSupervision approach, priorities & toolkitFintech and insurtechCapital adequacyRisk management
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2026-09-30•Hong Kong•Financial Services and the Treasury Bureau (Hong Kong)
The Hong Kong Financial Services and the Treasury Bureau convened the first meeting of a working group tasked with developing a commodities trading roadmap. The initiative will use gold as an entry point and examine market opportunities and cross-exchange collaboration, with the goal of integrating trading, clearing, warehousing, pricing and financing.
Policy & regulationReform agendas & prioritiesMarket developmentMarket infrastructure
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2026-09-30•Romania•National Bank of Romania
The National Bank of Romania reported net inward foreign direct investment of EUR 7.907 billion in 2025 and a year-end stock of EUR 134.823 billion. Nonresident investors earned EUR 11.493 billion, while Romanian residents held EUR 9.679 billion in direct investments abroad at year-end.
Data & statisticsCross-border payments
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2026-09-30•Russia•Central Bank of Russia
The Central Bank of Russia reported RUB 86 billion in new microfinance loans to businesses in the first half of 2026, more than half of which went to trading companies. Legislative changes raised the maximum loan from RUB 5 million to RUB 15 million, while lenders approved an average of eight out of 10 restructuring requests.
Data & statisticsLendingSME financingFinancial inclusion
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2026-09-30•Russia•Central Bank of Russia
The Central Bank of Russia reported growth in the derivatives market from July 2025 to June 2026, driven mainly by domestic nonfinancial companies. Interest rate swaps and foreign exchange hedging supported activity, while open futures positions on Moscow Exchange rose by almost one third and new cryptocurrency futures attracted demand focused on Bitcoin and Ethereum.
ResearchMarket developmentForeign exchange policy and markets
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2026-09-30•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic provided Naryn college students with financial literacy training on budgeting, payments, fraud, money muling and the national currency, alongside an exhibition of numismatic items.
Financial literacy & educationConsumer and investor protectionAML and CFTPayments and payment systems
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2026-09-30•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic fined one credit union KGS 55,000 for breaches of Kyrgyz legislation and central bank regulations.
EnforcementInvestigations & enforcement actionsCompliance
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2026-09-30•Tajikistan•National Bank of the Republic of Tajikistan
The National Bank of Tajikistan completed a TJS 4.104 billion securities auction at a weighted average yield of 6.66%, with bid yields ranging from 6% to 7%.
Monetary policyMonetary policy instruments & operationsSecurities offerings and listings
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2026-09-30•Tajikistan•National Bank of the Republic of Tajikistan
The National Bank of the Republic of Tajikistan supported a forum on digital transformation in the financial sector. Participants discussed regional payment integration, digital financial services, open banking, instant payments, artificial intelligence, cybersecurity and cross-border cooperation.
Policy & regulationCooperationPayments and payment systemsOpen banking and financeArtificial intelligence
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2026-09-30•Malta•Central Bank of Malta
The Central Bank of Malta found economic activity broadly in line with its historic average, despite a marginal deterioration in business conditions in August. Inflation eased to 2.0%, while July unemployment remained at 3.5% and the fiscal deficit widened. Deposit growth accelerated to 8.3%, but credit growth slowed to 7.7%.
Monetary policyMonetary policy assessments & outlooksFinancial stability and systemic riskMacroprudential policy and tools
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2026-09-30•South Africa•South African Reserve Bank
The South African Reserve Bank reported that South Africa’s positive net international investment position rose to ZAR 2,272 billion at the end of June 2026 from a revised ZAR 1,939 billion at the end of March. Foreign assets increased 2.7%, driven by higher international equity valuations, while foreign liabilities declined 0.6%.
Data & statisticsFinancial stability and systemic riskForeign exchange policy and markets
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2026-09-30•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority clarified the extended transition period for insurance and reinsurance governance rules. Board composition and committee formation requirements will apply from each company’s next board election, while all other requirements must be met by January 22, 2027. Operational rules for committees remain applicable once they are formed.
Policy & regulationGuidance & interpretationCorporate governanceCompliance
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2026-09-30•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus fined Banque SBA Cyprus EUR 750,000 for anti-money laundering and counterterrorist financing failings identified during a 2023 inspection.
EnforcementInvestigations & enforcement actionsAML and CFT
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2026-09-30•Greece•Ministry of National Economy and Finance (Greece)
Greece’s Ministry of National Economy and Finance has unveiled 16 proposed measures tightening bilateral debt restructuring rules and servicer oversight. The package sets three- and six-month negotiation deadlines, caps upfront payments at 15% and protects borrowers who comply with active arrangements. Servicers would face broader disclosure, planning and audit requirements, stronger sanctions and increased supervision.
Policy & regulationRules & requirementsDisclosuresRegulatory reportingAuditing
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2026-09-30•Ukraine•National Bank of Ukraine
The National Bank of Ukraine’s annual research conference concluded that central banks need flexibility anchored in price stability and institutional independence to manage persistent shocks. Ukraine’s wartime experience highlighted the importance of prior reforms, adaptable crisis measures, institutional expertise and credibility, while discussions on artificial intelligence stressed responsible innovation.
ResearchMacroprudential policy and toolsFinancial stability and systemic riskArtificial intelligence
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2026-09-30•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission has remade relief for managed discretionary account providers and external custodians without substantive changes. Adjustments extend the noncompliance notification period from 10 to 30 days, revise disclosure requirements and phase out quarterly reporting in favor of electronic access to account information.
Policy & regulationRules & requirementsRegulatory reportingCompliance
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2026-09-30•Australia•Australian Securities & Investments Commission
The Australian Securities and Investments Commission reported stronger mandatory climate disclosures but identified gaps in financial statement connectivity, quantitative financial effects and value chain assessments. It also consolidated reporting and audit relief, while late filing surveillance has produced 27 infringement notices totaling more than AUD 5 million since August 2025. Audit oversight and greenwashing action are continuing, including Big Four surveillance and a AUD 7.3 million ESG fund penalty.
Policy & regulationRules & requirementsClimate risk and sustainable financeGreenwashingAuditing
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2026-09-30•Latvia•Central Bank of Latvia
The Central Bank of Latvia reported that noncash payments reached a record 81% in August 2026, while smartphone payment use rose to 34%. The August storm exposed weaknesses in access to ATMs and retailers during power and communications outages, prompting proposals for essential services centers offering cash access and offline payments. The report also outlined prospective digital euro and new euro banknote milestones.
Data & statisticsPayments and payment systemsCBDCCurrency and cash management
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2026-09-30•Norway•Norges Bank
Norges Bank will make net foreign currency purchases equivalent to NOK 176 million per day in October 2026. This reflects daily purchases of NOK 300 million for the government and daily sales of NOK 124 million to finance dividend and interest transfers.
Monetary policyMonetary policy instruments & operationsForeign exchange policy and markets
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2026-09-30•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway has released updated solvency figures for Norwegian banks as of June 30, 2026.
SupervisionRisk monitoring & watch pointsCapital adequacy
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2026-09-30•Denmark•Danish Finanstilsynet
The Danish Financial Supervisory Authority has appointed Søren Tschufarin Buhl as deputy director general for insurance and pensions, economic analysis and internal IT from Jan. 1, 2027. The former LB Forsikring chief risk officer will be excluded from cases involving that insurer for six months to mitigate conflicts of interest.
Institutional developmentLeadership change & appointmentsLeadership change and appointmentsCorporate governanceCompliance
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2026-09-30•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission is consulting on a uniform PHP 120 million unimpaired paid-up capital requirement for most broker dealers. Existing firms would need PHP 100 million by Dec. 31, 2029, and PHP 120 million by Dec. 31, 2030, with transitional surety bond requirements for firms using the current PHP 30 million alternative. Proprietary-only broker dealers that do not hold client securities would retain a PHP 2.5 million minimum.
Policy & regulationRules & requirementsCapital adequacyPrudential risks
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2026-09-30•Zambia•Bank of Zambia
The Bank of Zambia’s Monetary Policy Committee cut the Monetary Policy Rate by 250 basis points to 10.75% in September 2026, citing lower inflation and support for financing and growth. Inflation fell to 6.1%, within the 6% to 8% target band, while future decisions will reflect inflation and financial stability risks.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-30•United Kingdom•Financial Conduct Authority
The UK Financial Conduct Authority has opened authorisation applications for crypto firms ahead of the new regime taking effect on Oct. 25, 2027. Firms seeking to continue operating should apply by Feb. 28, 2027, and must meet standards for consumer protection, asset safeguarding, market integrity and financial resilience.
SupervisionAuthorisations & approvalsConsumer and investor protectionFinancial stability and systemic riskMarket abuse
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2026-09-30•Europe•European Fund and Asset Management Association
The European Fund and Asset Management Association reported that UCITS and alternative investment fund net inflows rose to EUR 137 billion in July from EUR 72 billion in June. Equity UCITS attracted EUR 53 billion, including EUR 38.5 billion through exchange traded funds, while total net assets increased 0.1% to EUR 27.6 trillion.
Data & statisticsActivity and performance reportingMarket development
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2026-09-30•Afghanistan•Central Bank of Afghanistan
The Central Bank of Afghanistan’s Supreme Council reviewed monetary policy, banking sector conditions and plans to develop Islamic and electronic banking and broaden financial access. It reported a stable Afghani and higher public deposits, while the substance of decisions taken at the meeting was not disclosed.
Monetary policyMonetary policy assessments & outlooksMacroprudential policy and toolsPayments and payment systemsFinancial stability and systemic risk
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2026-09-30•Seychelles•Seychelles Financial Services Authority
The Seychelles Financial Services Authority warned that Bitbiv was not authorized to provide virtual asset exchange services and had failed to submit the required application. Its website has since become inactive.
SupervisionAlertsUnlicensed or unauthorized activityConsumer and investor protection
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2026-09-30•Seychelles•Central Bank of Seychelles
The Central Bank of Seychelles held its policy rate at 1.75% for the fourth quarter of 2026, with other key rates and the 10% minimum reserve requirement unchanged. Domestic inflation remains low but is expected to rise as higher global commodity and shipping costs, stronger foreign currency demand and rupee depreciation increase price pressures.
Monetary policyPolicy rate decisionsMacroprudential policy and toolsForeign exchange policy and marketsFinancial stability and systemic risk
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2026-09-30•Seychelles•Central Bank of Seychelles
The Central Bank of Seychelles held its monetary policy rate at 1.75% for the fourth quarter of 2026 and left its standing facility rates and 10% minimum reserve requirement unchanged. Tourism earnings increased despite lower visitor arrivals, while stronger foreign exchange demand weakened the rupee. Inflation is expected to rise gradually as higher commodity and shipping costs feed into import prices.
Monetary policyPolicy rate decisionsForeign exchange policy and marketsFinancial stability and systemic riskMacroprudential policy and tools
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2026-09-30•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has licensed Al Watani Investment Company to market privately up to 15 million shares in the Cayman Islands-based Islamic Leasing and Finance Fund 45 Ltd. The USD 10 shares may be offered only to professional clients, with a one-time subscription commission of up to 2.25%.
SupervisionAuthorisations & approvalsSecurities offerings and listings
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2026-09-30•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority renewed Kuwait and Middle East Financial Investment Company’s license to operate as a subscription agent. The renewable three-year term begins on Jan. 19, 2027.
SupervisionAuthorisations & approvalsSecurities offerings and listings
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2026-09-30•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority ended the suspension of Ali Owaid Rukhays Awad’s registration as an auditor, effective September 21, 2026. The decision follows the Ministry of Commerce and Industry’s cancellation of his professional suspension.
EnforcementSanctions & designationsAuditing
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2026-09-30•Kuwait•Central Bank of Kuwait
The Central Bank of Kuwait assessed how ESG risks can affect traditional financial risks and institutions’ operational sustainability. It emphasized integrated governance, risk management, disclosure and supervisory action to support financial stability.
Policy & regulationGuidance & interpretationESGClimate risk and sustainable financeFinancial stability and systemic risk
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2026-09-30•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority is consulting on guidance, transition measures and consequential amendments for the new transaction reporting regime taking effect on April 3, 2028. Draft guidance addresses seven implementation areas, while transitional provisions cover reporting, records and corrections around the system changeover. A consolidated Transaction Reporting User Pack is due by April 3, 2027.
Policy & regulationGuidance & interpretationRegulatory reportingCompliance
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2026-09-30•Switzerland•Swiss Financial Market Supervisory Authority (FINMA)
The Swiss Financial Market Supervisory Authority is consulting on revisions to its rules for direct data transmissions by supervised institutions. The changes would distinguish supervisory transfers from transfers for other purposes and reflect a new legal presumption that confidentiality and purpose limitation requirements are generally met for supervisory transmissions.
Policy & regulationRules & requirementsRegulatory reportingData management
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2026-09-30•Global•Financial Stability Board
The Financial Stability Board’s Americas regional group assessed financial stability risks from geopolitical uncertainty, extreme weather, capital flows and exchange rates. Members also discussed global stablecoin arrangements, AI and quantum computing risks, and preparedness for cyber incidents and third-party outages.
Policy & regulationCooperationFinancial stability and systemic riskStablecoinsCyber resilience
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2026-09-30•Europe•European Central Bank - Banking Supervision
European Central Bank Supervisory Board member Sharon Donnery said more efficient, risk based supervision will not dilute capital or other prudential standards. The SREP reform will target each bank’s material risks while keeping Pillar 2 requirements tied to risks not covered by Pillar 1. Banks also face closer scrutiny of geopolitical exposures, cloud concentration, operational resilience and persistent risk data weaknesses.
SupervisionSupervision approach, priorities & toolkitStress testingCapital adequacyMacroprudential policy and tools
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2026-09-30•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission awarded PT Joint Stock Company a VND 305 million fixed price contract for personal computer system maintenance. The contract will run for 365 days from its effective date.
Institutional developmentProcurementOutsourcing and third-party risk management
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2026-09-30•Taiwan•Central Bank of Taiwan
The Central Bank of Taiwan reported an 11.65% monthly decline in banks’ derivatives turnover to TWD 21,350.7 billion in August 2026, mainly reflecting lower foreign exchange swap activity. Foreign exchange contracts accounted for 89.06% of turnover, while domestic banks generated 74.12% of the total.
Data & statisticsForeign exchange policy and marketsRegulatory reportingMarket risk and volatility
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2026-09-30•South Korea•South Korea Financial Services Commission
The Financial Services Commission has proposed a 20% cap on banks’ real estate project finance credit, alongside changes for internet bank services, foreign currency settlement accounts and specialized bank assessments. The cap would take effect on Jan. 1, 2027, with a three-year transition for banks exceeding the limit. Specialized banks’ internal control assessment weighting would rise from 3.2% to 10%.
Policy & regulationRules & requirementsCapital adequacyCredit riskLending
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2026-09-30•Thailand•Bank of Thailand
The Bank of Thailand assessed the August economy as broadly stable, with high exports, more foreign tourists and stronger domestic demand offset by softer production and services activity. Headline and core inflation rose as food, energy and production costs increased. The current account remained in surplus, while rising unemployment benefit claims warranted monitoring.
Monetary policyMonetary policy assessments & outlooksFinancial stability and systemic riskMacroprudential policy and tools
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2026-09-30•Azerbaijan•Central Bank of the Republic of Azerbaijan
One of five candidates passed the Central Bank of the Republic of Azerbaijan’s insurance intermediary attestation held on Sept. 25, scoring 79 against the 70-answer threshold.
SupervisionAuthorisations & approvalsRegulatory reporting
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2026-09-30•Madagascar•Ministry of Finance (Madagascar)
Madagascar's Ministry of Economy and Finance is seeking predictable, multiyear funding for African Risk Capacity sovereign insurance against drought, tropical cyclones and floods. Premium needs for 2026-2027 are estimated at USD 4 million, financed through state contributions and development partner support.
Policy & regulationCooperationClimate risk and sustainable financeFinancial stability and systemic risk
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2026-09-30•Georgia•National Bank of Georgia
The National Bank of Georgia kept the countercyclical capital buffer’s cyclical component unchanged as the banking sector remains well capitalized and liquid and the credit-to-GDP gap stays negative. It will raise the income cutoff for the 25% payment-to-income limit from GEL 1,500 to GEL 2,000 in February 2027 and GEL 2,500 in September 2027 to account for nominal income growth while preserving its macroprudential stance.
Policy & regulationRules & requirementsFinancial stability and systemic riskMacroprudential policy and toolsCapital adequacy
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2026-09-30•Romania•National Bank of Romania
The National Bank of Romania published a study calling for firm fiscal consolidation, stronger macroeconomic balances and productivity-led convergence. It prioritizes higher-quality public spending, investment, innovation, financial discipline and greater financial intermediation. Interim Finance Minister Alexandru Nazare said Romania could exit the excessive deficit procedure in 2030 before preparing for euro area accession.
ResearchFinancial stability and systemic riskMacroprudential policy and tools
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2026-09-30•Russia•Central Bank of Russia
The Central Bank of Russia reported that suspicious cash withdrawals and transfers abroad fell to RUB 20.9 billion in the first half of 2026 from RUB 32 billion a year earlier. Bank cash-outs more than halved, transfers abroad dropped 35%, and transactions involving money mules declined by one-third.
SupervisionRisk monitoring & watch pointsAML and CFTKYC
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2026-09-30•Moldova•National Bank of Moldova
The National Bank of Moldova will convene more than 120 policymakers and financial sector representatives in Chisinau on Oct. 1-2 to discuss fiscal and monetary policy under accelerated European integration. The conference will examine preaccession monetary arrangements, single market effects and fiscal risks, including how Moldova can balance inflation targeting with exchange rate stability and gradual euro area convergence.
Policy & regulationCooperationForeign exchange policy and marketsMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-30•Moldova•National Commission for Financial Markets
Moldova's National Commission for Financial Markets will bring unified complaints handling rules into force on October 1, 2026, covering supervised financial service providers. Providers must give reasoned responses within 15 business days, subject to a legally permitted extension to 35 days, maintain transparent communication and address the causes of recurring complaints.
Policy & regulationRules & requirementsComplaints and dispute resolutionConsumer and investor protection
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2026-09-30•Moldova•National Commission for Financial Markets
Moldova’s National Commission for Financial Markets reported that BIMx aims to lift stock market capitalization from the current 3% to 7% of GDP to 18% by 2030. The exchange plans to double its capital to EUR 3 million in 2026, while authorities and market participants focus on liquidity, issuer readiness and the supporting regulatory and intermediary ecosystem.
Policy & regulationReform agendas & prioritiesMarket developmentSecurities offerings and listingsMarket infrastructure
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2026-09-30•Hungary•National Bank of Hungary
The National Bank of Hungary has published research on monetary security, structural inflation, green finance and international financial centers. Studies link India’s persistent inflation to fiscal, agricultural and expectations based factors, while separate analyses examine Poland’s reliance on gold and the evolution of sustainable finance research.
ResearchClimate risk and sustainable financeGeopolitical risk
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2026-09-30•Greece•Ministry of National Economy and Finance (Greece)
Greece’s Ministry of National Economy and Finance plans tighter loan servicer rules and a 120 installment option for debt repayment. Enforcement against borrowers complying with arrangements will be void, with servicers facing fines of up to EUR 500,000 that double for repeat violations. The government will also reassess oil prices after 15 days as it considers further energy support.
Policy & regulationRules & requirementsLendingConsumer and investor protection
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2026-09-30•Kenya•Central Bank of Kenya
The Central Bank of Kenya has licensed 29 additional digital credit providers, raising the total to 281. Licensed providers had issued about 9.6 million loans worth KES 165.1 billion as of August 2026, while other applications remain under review.
SupervisionAuthorisations & approvalsLendingConsumer and investor protectionFitness and propriety
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2026-09-30•Greece•Hellenic Capital Market Commission
The Hellenic Capital Market Commission and UNIC Athens have agreed to cooperate on financial education, capital market research and vocational training. The three-year partnership also covers expert exchanges, joint events, mentoring, potential internships and guest lectures.
Institutional developmentCooperation & capacity buildingConsumer and investor protectionFinancial inclusionMarket development
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2026-09-30•Ukraine•Ukraine National Commission on Securities and Stock Market
The National Securities and Stock Market Commission of Ukraine reviewed interim results and draft fourth quarter objectives. It emphasized cross-department coordination and ambitious, measurable goals, including for legislative changes and procedural simplification.
Institutional developmentCooperation & capacity buildingActivity and performance reportingRegulatory reporting
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2026-09-30•Hong Kong•Hong Kong Monetary Authority
Exchange Fund assets fell HKD 68.3 billion in August to HKD 4,335.4 billion, largely because withdrawals of Fiscal Reserves placements reduced foreign currency assets. The monetary base was broadly unchanged at HKD 2,080.2 billion, while the backing ratio increased to 112.00%.
Data & statisticsActivity and performance reportingFinancial stability and systemic riskRegulatory reporting
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2026-09-30•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority published Hong Kong’s foreign currency reserves and liquidity data as of the end of August 2026 under the International Monetary Fund’s Special Data Dissemination Standard.
Data & statisticsForeign exchange policy and marketsRegulatory reportingFinancial stability and systemic risk
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2026-09-30•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority reported that August mortgage applications fell 8.3% from July, while approved loans declined 28.2% to HKD 32.2 billion. Drawdowns rose 11.6% to HKD 32.8 billion, and the mortgage delinquency ratio remained low at 0.11%.
Data & statisticsLendingCredit riskAsset quality