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2026-04-21•Moldova•National Bank of Moldova
The National Bank of Moldova reported on its participation in the IMF and World Bank Spring Meetings, where Governor Anca Dragu highlighted assessments confirming Moldova’s resilient financial sector and prudent monetary policy. The delegation discussed a potential new IMF programme to bolster macroeconomic stability and reforms, World Bank support for digitalisation, financial inclusion, green transition and resilience, and MONEYVAL’s decision to cease monitoring Moldova after improvements in anti-money laundering and counter-terrorist financing frameworks. Dragu added that recent stress tests show Moldovan banks remain resilient, with capital above regulatory thresholds even under adverse scenarios.
Policy & regulationCooperationMonetary policy decisions and developments
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2026-04-21•Moldova•National Bank of Moldova
The National Bank of Moldova published March 2026 aggregated statistics on licensed banks’ foreign currency assets and liabilities, including the banking system’s aggregate open foreign exchange position. Foreign currency assets at month-end were MDL 58.36 billion versus liabilities of MDL 58.00 billion, with the aggregate open FX position showing long positions of MDL 449.29 million and short positions of MDL 93.13 million, and a long euro open-position ratio of 1.69% against regulatory capital of MDL 23.92 billion.
Data & statisticsCurrency and cash management
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2026-04-21•Luxembourg•Ministry of Finance (Luxembourg)
The Advisory Board on AI in Finance of Luxembourg’s Ministry of Finance has issued its first recommendations on integrating artificial intelligence in the financial sector, reflecting AI’s growing impact on financial services and competitiveness. The forward-looking guidance outlines strategic perspectives on AI-related opportunities and risks to support Luxembourg’s position as an international financial centre.
Policy & regulationReform agendas & prioritiesArtificial intelligence
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2026-04-21•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority is expanding its Kapital educational board game workshops beyond Podgorica in 2026 to broaden financial literacy training for primary school pupils across additional municipalities including Zeta, Danilovgrad, Herceg Novi and Ulcinj. Now in its fourth year, the programme uses an interactive game to teach basic capital market concepts and will continue in May with further city expansions and a final competition for participating schools.
Financial literacy & educationFinancial literacy and education
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2026-04-21•United Kingdom•HM Treasury
HM Treasury has published a draft statutory instrument and policy note proposing targeted amendments to the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 to give greater certainty to firms using UK-issued qualifying stablecoins for payment services while keeping key activities under Financial Conduct Authority authorisation and supervision. The draft would carve out most transactions in UK-issued qualifying stablecoins from new dealing and arranging activities, adjust the financial promotions and safeguarding perimeters, and clarify that some firms may still require registration under the Money Laundering Regulations Gateway.
Policy & regulationRules & requirementsRegulatory reporting
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2026-04-21•Canada•Financial Consumer Agency of Canada
The Financial Consumer Agency of Canada published a readout of Commissioner Shereen Benzvy Miller’s fireside chat with Ontario Securities Commission CEO Grant Vingoe at the OSC’s Dialogue 2026 conference, outlining coordinated oversight to support competition, consumer and investor protection, and trust in Canada’s financial markets. Benzvy Miller emphasized that competition must operate within strong, consistent consumer protection frameworks and highlighted the importance of clear disclosure of fees and key product features.
SupervisionCooperationConsumer and investor protectionDomestic cooperation
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2026-04-21•Uganda•Uganda Capital Markets Authority
The Uganda Capital Markets Authority held a stakeholder meeting on the development of REITs in Uganda and the supporting legal and policy framework. It highlighted REITs' potential to expand access to capital and mobilize long-term financing for housing and infrastructure. Participants said any framework will also need strong commercial viability and adaptation to local market conditions.
Policy & regulationCooperationMarket development
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2026-04-21•United Kingdom•HM Treasury
HM Treasury announced measures to modernise the UK payments services regulatory framework, integrating payment services and electronic money into a single regime covering traditional and tokenised payments, including stablecoins and tokenised deposits. The plan includes new regulation for stablecoins used for payments, potential adaptation of rules for AI-enabled payments, expanded FCA powers over Open Banking, and legislation to reduce administrative burdens for stablecoin providers, plus a forthcoming consultation on wider reforms. HM Treasury also appointed Chris Woolard CBE as Wholesale Digital Markets Champion, allocated an additional GBP 1 million to the Centre for Finance, Innovation and Technology, and confirmed he will lead implementation of the Wholesale Financial Markets Digital Strategy.
Policy & regulationReform agendas & prioritiesFintech and insurtechPayments and payment systems
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2026-04-21•South Africa•South African Reserve Bank
The South African Reserve Bank’s Financial Stability Department briefed on how trade-policy uncertainty and geopolitical fragmentation can transmit risks to South Africa’s financial system, including weaker investor sentiment, exchange-rate volatility, capital outflows, and disruptions to cross-border capital flows and payment rails. Using a structural vector autoregressive model, it finds a 10% trade-policy uncertainty shock has modest short-term effects on activity, bond yields, the real effective exchange rate, non-resident bond purchases and financial conditions, and warns that growing use of financial infrastructure as a geopolitical tool could raise compliance, valuation, liquidity and cybersecurity risks. It recommends trade diversification, stronger macroprudential monitoring and stress testing of cross-border exposures, and better cross-border regulatory coordination and interoperability planning.
ResearchGeopolitical riskFinancial stability and systemic risk
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2026-04-21•Saudi Arabia•Saudi Arabia Capital Markets Authority
The Saudi Arabia Capital Markets Authority has approved Berain Company’s application to register and offer 66,000,000 shares, representing 30% of its share capital, in an initial public offering. The authority stated that approval confirms compliance with the Capital Market Law and Implementing Regulations but does not constitute a recommendation to subscribe, and that the prospectus will provide detailed financial, management and risk information for investors.
SupervisionAuthorisations & approvalsSecurities offerings and listings
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2026-04-21•Saudi Arabia•Saudi Arabia Capital Markets Authority
The Saudi Arabia Capital Markets Authority approved Atlas Elevators General Trading and Contracting Company’s capital increase from SAR 60 million to SAR 90 million through issuing one bonus share for every two existing shares, funded by transfers from retained earnings and share premium. Outstanding shares will rise from 6 million to 9 million, with approval conditional on holding an extraordinary general assembly within six months and complying with applicable regulatory requirements and laws.
SupervisionAuthorisations & approvalsLicence approval
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2026-04-21•Saudi Arabia•Saudi Arabia Capital Markets Authority
Saudi Arabia’s Capital Market Authority approved Multi Business Group Company’s capital increase from SAR 15,000,000 to SAR 45,000,000 by issuing two bonus shares for each existing share, funded by transferring SAR 30,000,000 from the share premium account and raising outstanding shares from 15,000,000 to 45,000,000. Bonus shares will be allocated to shareholders registered at the Securities Depository Center as of the close of the second trading day after the eligibility date, subject to an extraordinary general assembly within six months and compliance with regulatory requirements.
SupervisionAuthorisations & approvalsSecurities offerings and listings
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2026-04-21•Saudi Arabia•Saudi Arabia Capital Markets Authority
The Saudi Arabia Capital Market Authority has opened a public consultation on draft amendments to Article Five and Article Eighteen of the Capital Market Law. The proposed changes aim to strengthen international cooperation between the authority and foreign counterpart regulators in line with international best practices.
Policy & regulationRules & requirementsCross-border paymentsRegulatory burden
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2026-04-21•Saudi Arabia•Saudi Arabia Capital Markets Authority
The Saudi Arabia Capital Market Authority has launched a consultation on draft amendments to its securitization framework, including the Rules on the Offer of Securities and Continuing Obligations, the Rules for Special Purposes Entities, and the Glossary of Defined Terms. The proposals would permit public offerings of asset-backed debt instruments via securitization, strengthen disclosure requirements, and are intended to deepen the sukuk and debt instruments market and diversify the investor base, supported by new guidelines for periodic reports.
Policy & regulationRules & requirementsSecuritization
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2026-04-21•Indonesia•OJK
The Indonesian Financial Services Authority (OJK) has launched initial export shipments of coconut-derivative products and other commodities from South Sumatra under the Sultan Muda XporA 2026 programme, part of its Regional Economic Development agenda to connect local producers and young entrepreneurs to global markets through improved access to finance. The initiative is backed by trade finance, letters of credit and insurance, including IDR 869,291,307,790 in commodity financing and USD 209,723 in export LCs from five banks. OJK will continue the programme with expanded geographic coverage and priority commodities aligned to regional characteristics.
Policy & regulationImplementation, projects & pilotsMarket development
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2026-04-21•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus published the results of its Ship Management Survey for the second half of 2025.
Data & statisticsOther
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2026-04-21•Netherlands•De Nederlandsche Bank
De Nederlandsche Bank has appointed Marije Louisse as General Counsel and Head of Legal Services with effect from 1 May 2026, succeeding Frits-Joost Beekhoven van den Boezem. Louisse currently heads the Supervision – Advice Department in DNB’s Legal Services Division and has prior experience as a banking and finance lawyer and academic in financial law and bank resolution.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-04-21•Denmark•Danish Finanstilsynet
The Danish Financial Supervisory Authority has issued a sector update and report on its 2023–2026 inspections of banks and mortgage credit institutions, highlighting cases where supervisory orders were issued to remedy weaknesses in compliance functions. Recurring deficiencies included inadequate procedures, incomplete compliance risk assessments, weak testing and follow-up, unclear responsibilities vis-à-vis risk management, insufficient independence and resourcing, and inadequate reporting to boards and executive management. The Authority cited sections 17 and 23 of the Executive Order on Management and Governance of Banks as key compliance function requirements.
SupervisionReviews, inspections & stress testsCompliance
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2026-04-21•Liechtenstein•Liechtenstein Financial Market Authority
The Liechtenstein Financial Market Authority joined the 2026 IMF Spring Meetings in Washington, D.C., with the Ministry of Presidential Affairs and Finance and the Liechtenstein Embassy to discuss economic and financial developments and strengthen international cooperation. Led by Chairman Mario Gassner, the delegation stressed that geopolitical tensions, fragmented trade policy and increased market volatility heighten risks for open, highly internationally connected economies such as Liechtenstein, and highlighted the IMF’s role in supporting a stable, rule-based multilateral system.
Policy & regulationCooperationCross-border cooperationFinancial stability and systemic risk
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2026-04-21•Switzerland•Swiss Financial Market Supervisory Authority (FINMA)
The Swiss Financial Market Supervisory Authority (FINMA) used its 2025 Annual Report to highlight a more intensive, proportional and risk-based supervisory approach, including expanded stress testing, 176 targeted on-site inspections and institution-specific capital add-ons, business restrictions and takeover bans. It reported heightened focus on cyber and outsourcing risks, client protection, and record investigations into unauthorised activities. FINMA also noted higher staffing and costs and reiterated its call for stronger legal tools, including fining powers, an accountability regime, earlier intervention powers and greater ability to communicate on concluded proceedings.
SupervisionSupervision approach, priorities & toolkit
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2026-04-21•Norway•Department of Finance (Norway)
The Norwegian Department of Finance has launched a consultation on proposals from the Financial Supervisory Authority of Norway to implement expected EEA rules amending Solvency II and introducing the Insurance Recovery and Resolution Directive. The Solvency II changes focus on enhancing insurers’ role as institutional investors, proportionality, risk sensitivity of capital requirements, sustainability risk management, group supervision and systemic resilience, while the Insurance Recovery and Resolution Directive proposals would establish a national crisis-management framework for insurers and address interaction with Norway’s existing non-life insurance guarantee scheme.
Policy & regulationRules & requirementsCapital adequacyRecovery and resolution
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2026-04-21•Italy•Bank of Italy
The Bank of Italy published three Working Papers and two Occasional Papers covering education choices after the Great Recession, the macroeconomic role of time-varying asset safety, innovation policy, and household income measurement. The research also introduces a composite indicator of cyclical systemic risk for the Italian financial cycle intended to support financial stability monitoring and macroprudential policy.
ResearchOther
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2026-04-21•Italy•Bank of Italy
The Bank of Italy published the text of a speech by Deputy Governor Sergio Nicoletti Altimari on “The Italian Financial System: Stability, Innovation, and the Road Ahead.” The speech was delivered at the Villa Firenze Talks series in Washington, D.C. on 20 April 2026.
OtherFinancial stability and systemic riskMarket development
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2026-04-21•Europe•European Banking Federation
The European Banking Federation published preliminary views on the European Commission’s Market Integration Package, backing efforts to simplify EU capital-markets rules and reduce fragmentation while stressing that a functioning Savings and Investments Union also requires demand-side reforms. It called for reduced complexity and national gold-plating, a more harmonised Single European Rulebook with clearer Lamfalussy-based separation between Levels 1, 2 and 3, and a secondary competitiveness objective for the European Securities and Markets Authority, alongside clearer distinctions and safeguards for financial market infrastructures.
Policy & regulationReform agendas & prioritiesMarket development
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2026-04-21•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission has published on its website the Chinese-language text of a speech by Dr Kelvin Wong titled “Unleashing Golden Momentum to Deepen Product Diversity in Global Financial Hub.” The speech was delivered at the listing ceremony of the CSOP Gold Exchange Traded Fund.
OtherMarket development
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2026-04-21•Isle of Man•The Treasury (Isle of Man)
The Treasury (Isle of Man) reminded employers and contractors that tax returns for the year ended 5 April 2026 must be submitted by the statutory due date, with late filings incurring an initial GBP 250 penalty and an additional GBP 50 per day thereafter while outstanding. It stressed that penalties do not remove the obligation to file and that non-compliance may lead to prosecution, and noted that smaller employers not yet registered for online services can still register and file online.
SupervisionRegulatory reportingTaxation
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2026-04-21•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission has ordered Filter Vision Public Company Limited to clarify and publicly disclose information on its proposed sale of a 53.08 percent stake in KT Medical Service Public Company Limited to a related person, citing concerns over incomplete disclosure, pricing and transaction terms. The regulator highlighted the independent financial advisor’s view that the THB 1.10 per share price is significantly below KTMS’s fair value and market price, and questioned the necessity and reasonableness of the disposal and payment structure.
SupervisionInterventionsCorporate governance
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2026-04-21•Brunei Darussalam•Central Bank of Brunei Darussalam
The Central Bank of Brunei Darussalam has updated its Alert List, adding eight companies and individuals that it states are not licensed, authorised or regulated and warning the public against assuming they are supervised. The authority reiterated that activities such as money remittance, money changing, money lending and pawn broking require its licence, and that consumers do not benefit from its regulatory protections when dealing with unlicensed providers.
SupervisionAlertsOther
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2026-04-21•United Arab Emirates•Dubai International Financial Centre
The Dubai International Financial Centre plans to become the world’s first AI-native financial centre, embedding artificial intelligence across its legal and regulatory frameworks, business environment, talent development, infrastructure and urban design. Building on its five-year AI strategy and AI-specific data governance under the DIFC Data Protection Law, the programme will establish ethics and governance frameworks for AI agents and robotics, provide firms with advanced AI tools, and develop an AI Campus, with DIFC estimating USD 3.5bn in economic benefits and 25,000 new jobs.
Policy & regulationImplementation, projects & pilotsArtificial intelligence
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2026-04-21•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has suspended the licence of Kut Valyuta LLC’s currency exchange bureau (licence No. 6934 dated 13 September 2024) from 21 to 28 April 2026 for breaches of Kyrgyz legislation and the National Bank’s regulatory acts. The suspension applies to the outlet at 185 Manas Street, Talas, Talas region.
EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
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2026-04-21•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway reported findings from its review of Nordic Mining ASA’s 2024 annual financial statements and third-quarter 2025 interim report, identifying deficiencies in accounting for borrowing costs under the Orion royalty financing, mine closure and rehabilitation provisions, and going concern and covenant disclosures. The authority will not pursue previously notified corrective orders; Nordic Mining has committed to address the issues in its 2025 annual report and must later provide written detail on the corrections.
SupervisionReviews, inspections & stress testsAccounting and financial reporting
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2026-04-21•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan has approved the appointment of Stanislav Vladimirovich Levin as managing director and deputy chief financial officer of ForteBank JSC.
SupervisionAuthorisations & approvalsLeadership change and appointments
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2026-04-21•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan issued consumer guidance on how to respond when a bank account is blocked, outlining typical reasons and steps to restore access. The guidance highlights causes such as suspected fraud, requests from public authorities, technical errors and card issues, and advises customers to contact their bank, verify possible arrears and provide documents evidencing the source of funds, while recommending measures to reduce the risk of future blocks.
Policy & regulationGuidance & interpretationOther
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2026-04-21•Moldova•National Bank of Moldova
National Bank of Moldova Governor Anca Dragu outlined the central bank’s gradual approach to artificial intelligence adoption and oversight, highlighting current financial sector uses in credit risk assessment, liquidity management, forecasting and fraud detection. She detailed the bank’s internal AI governance framework, AI-based assistant, automation and SupTech data capabilities, and noted forthcoming regulations on AI use, cloud services and electronic customer identification, underpinned by a “human-in-the-loop” principle to mitigate cybersecurity, data protection and third-party risks.
Policy & regulationImplementation, projects & pilotsArtificial intelligence
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2026-04-21•Paraguay•Central Bank of Paraguay
The Central Bank of Paraguay’s Monetary Policy Committee unanimously left the monetary policy rate unchanged at 5.50% in April 2026, after cuts in January and February, citing continued economic expansion, low inflation, and anchored expectations alongside elevated external uncertainty tied to geopolitical tensions and energy prices. The Committee maintained its 2026 gross domestic product growth projection at 4.2% and its inflation forecast at the 3.5% target, noting March headline inflation of 1.9% year on year and saying it will keep monitoring external risks to ensure inflation converges to target.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-04-21•South Korea•Bank of Korea
In his inaugural address, Governor Hyun Song Shin set the Bank of Korea’s four-year priorities: prudent, flexible monetary policy amid inflation and growth uncertainty; a revamped financial stability framework covering non-bank and cross-market risks; and upgraded payment, settlement and FX infrastructure for a more international, digital won. The Bank will reassess policy tools, enhance market-based early warning, pursue 24-hour FX trading and offshore won settlement, and advance CBDC and tokenized deposits via Project Hangang and related international work, while breaking down internal silos, strengthening research–policy feedback, improving digital and data capabilities, and deepening international engagement.
Policy & regulationReform agendas & prioritiesMonetary policy decisions and developments
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2026-04-21•South Korea•Bank of Korea
The Bank of Korea’s Q1 2026 Loan Officer Survey indicates that domestic banks and non-bank financial institutions expect tighter lending standards in Q2, particularly for household credit, alongside rising credit risk for both corporate and household borrowers. Banks anticipate stronger demand for corporate loans, especially from small and medium-sized enterprises, but weaker demand for household mortgages, while non-banks foresee tighter standards, higher credit risk (except at life insurers) and firmer loan demand except at mutual credit cooperatives.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-04-21•Netherlands•De Nederlandsche Bank
De Nederlandsche Bank has appointed Marije Louisse as General Counsel and Director of its Legal Affairs Division, effective 1 May 2026, succeeding Frits-Joost Beekhoven van den Boezem. Louisse currently heads Supervision Advice within the division and previously served as senior legal counsel at the bank and as a banking and finance lawyer at Loyens & Loeff in Amsterdam.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-04-21•Macao•Monetary Authority of Macao
The Monetary Authority of Macao held a promotional session in Shenzhen to showcase Macau’s Investment Funds Law, complementary measures and business environment, aiming to attract qualified fund managers. AMCM highlighted Shenzhen–Macau cooperation in the bond market, green finance and talent development, positioning Macau as a financial services platform between China and Portuguese-speaking countries. It has conducted similar outreach in other mainland cities since January 2026 and plans to continue promoting Macau’s investment funds sector.
Policy & regulationImplementation, projects & pilotsMarket developmentDomestic cooperation
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2026-04-21•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission has approved revisions to the Enforcement Decree of the Financial Investment Services and Capital Markets Act to permit domestically listed single-stock exchange-traded funds and exchange-traded notes, including 2x leveraged, inverse and covered call structures, subject to eligibility criteria and a 200 percent exposure cap. Related Korea Exchange and Korea Financial Investment Association rule changes introduce new single-stock and ETF options, extend base deposit requirements to overseas leveraged products, and mandate enhanced pre-trade education and clearer product labelling to strengthen investor protection.
Policy & regulationRules & requirements
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2026-04-21•Uruguay•Central Bank of Uruguay
The Central Bank of Uruguay (BCU) kept the policy rate (TPM) at 5.75 % on 21 April, saying the current expansionary stance—after 350 bp of cuts since April 2025—remains adequate to steer headline inflation (2.94 % in March, near the 3–6 % band floor) back to the 4.5 % target even as core inflation edged up. Pointing to global uncertainty, commodity and FX volatility and higher oil prices, BCU expects inflation to stay within the band and will monitor risks to guide future decisions.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-04-21•Tonga•National Reserve Bank of Tonga
The National Reserve Bank of Tonga issued a public warning on rising Ponzi and pyramid schemes, stressing these are offences under the Banking Act 2020 and may only be run by entities it licenses. It highlighted red flags such as promises of high, fast, guaranteed returns, pressure to recruit others, vague profit explanations, and requests for payment via cash, remittances, mobile money, or cryptocurrency. The authority warned that involvement can attract penalties of up to a 1,000,000 fine and 30 years’ imprisonment and urged the public to report suspected schemes or unauthorised banking business to the Bank or Tonga Police.
SupervisionAlertsFraud and scams
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2026-04-21•Morocco•Moroccan Capital Markets Authority
The Moroccan Capital Markets Authority held an awareness seminar on anti-money laundering and combating the financing of terrorism, including terrorism- and proliferation-related financial sanctions, in coordination with the National Financial Intelligence Authority and the national committee implementing UN Security Council sanctions, ahead of Morocco’s upcoming mutual evaluation by the FATF for the Middle East and North Africa. Authorities highlighted suspicious transaction reports, shared findings from the third national money laundering and terrorist financing risk assessment, presented an updated capital-markets sector risk map and risk-based guidance, and announced further awareness activities for capital market participants as part of its 2026 priority measures.
Policy & regulationGuidance & interpretationOther
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2026-04-21•Caribbean•Eastern Caribbean Central Bank
The Eastern Caribbean Central Bank published a keynote by Governor Timothy N.J. Antoine warning that demographic shifts and widening deficits threaten the long‑term sustainability of the Saint Christopher and Nevis Social Security Fund, with actuarial guidance indicating possible exhaustion by 2040 without reform. He urged comprehensive reforms, including a credible funding policy, higher retirement age, adjusted contributions, stronger compliance, improved investment performance, and regional coordination. Under its “Big Push” agenda, the Bank will convene reform dialogue, support stronger investment governance and regional capital market development, and expand analytical and advisory work on demographic and fiscal pressures.
Policy & regulationReform agendas & priorities
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2026-04-21•Bolivia•Financial System Supervisory Authority of Bolivia
The Financial System Supervisory Authority of Bolivia issued an alert against “asfi-renta.com”, a fraudulent website misusing the supervisor’s name and image to solicit funds and operate pyramid-style scams promising guaranteed returns. ASFI stressed that the platform lacks any licence or registration, that unauthorised financial intermediation is a criminal offence under Financial Services Law No. 393 and the Criminal Code, and urged the public to avoid sharing data or transferring funds and rely only on ASFI channels under .gob.bo domains.
SupervisionAlertsFraud and scamsUnlicensed or unauthorized activity
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2026-04-21•Belize•Central Bank of Belize
The Central Bank of Belize has contracted Montran Corporation, with World Bank support, to design and implement a new Instant Payment System as part of its domestic payments modernization agenda. Positioned as a flagship initiative following the 2016 Automated Payments and Securities Settlement System, it will support real-time settlement and features such as alias-based payments, QR code merchant transactions and request-to-pay functionality, with an 18‑month implementation phase including testing and stakeholder engagement.
Policy & regulationImplementation, projects & pilotsPayments and payment systems
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2026-04-21•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Banking Committee released Ranking Member Elizabeth Warren’s questioning of Federal Reserve Chair nominee Kevin Warsh, centering on his ethics disclosures and the Fed’s independence. Warren pressed Warsh on over USD 100 million in undisclosed investments and possible ties to Trump-affiliated, Chinese-controlled, money-laundering-related, or Jeffrey Epstein-linked entities. Warsh said he had an ethics agreement with the Office of Government Ethics and would divest all assets if confirmed. Warren also challenged his independence from President Trump’s agenda; Warsh declined to address Trump’s 2020 election loss or cite a specific policy disagreement, while insisting the Fed must keep politics out of monetary policy.
OtherLeadership change and appointments
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2026-04-20•Cambodia•Securities and Exchange Regulator of Cambodia
The Securities and Exchange Regulator of Cambodia held a workshop on “Infrastructure Bonds as a Strategic Financing Tool, Not Just a Financial Product,” chaired by Director General Sou Socheat. The event gathered officials from the regulator and the Cambodia Securities Exchange, as well as experts and market participants including underwriting, auditing and legal firms, credit rating agencies, listed companies and potential issuers.
Policy & regulationImplementation, projects & pilotsMarket development
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2026-04-20•Cambodia•Securities and Exchange Regulator of Cambodia
The Securities and Exchange Regulator of Cambodia, together with ACLEDA Securities Plc and Banjaran Asset Management (Cambodia) Plc, organised an “Intelligence Investment” training programme for professors and students at ACLEDA University of Business. The event, presided over by SERC Director General Sou Socheat and attended by about 150 participants, aimed to promote securities trading by raising awareness of Cambodia’s securities sector among a key human-resource pipeline for market development.
Financial literacy & educationFinancial literacy and education
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2026-04-20•Cambodia•Securities and Exchange Regulator of Cambodia
The Securities and Exchange Regulator of Cambodia, together with the Telecommunication Regulator of Cambodia, held a workshop to promote awareness of joint rules for telecommunication operators conducting public offerings of securities. The event also highlighted a joint statement warning against the promotion of securities sector-related products and services without a licence or approval from the Securities and Exchange Regulator of Cambodia.
Policy & regulationImplementation, projects & pilotsRegulatory sandbox
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2026-04-20•Japan•Japan Financial Services Agency
The Japan Financial Services Agency published materials from an online opinion exchange between disability organizations and financial institution-related groups on promoting disability-inclusive practices at financial institutions. The documents include the meeting summary, participants list, submissions from disability organizations, and materials from the Japan Bankers Association and Japan Association of Credit Unions, and the agency said it will continue encouraging measures to remove social barriers.
Policy & regulationCooperationDiversity and inclusion
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2026-04-20•Kosovo•Central Bank of the Republic of Kosovo
The Central Bank of the Republic of Kosovo reported on its participation in the 2026 IMF and World Bank Spring Meetings, highlighting new reserve and asset management cooperation agreements with the World Bank Group Treasury and Banque de France and the transition of its World Bank Treasury partnership to an active portfolio management phase. Discussions with the IMF, World Bank, IFC, US Treasury and Clearstream covered macro-financial developments, financial stability, supervisory and crisis-management reforms, IT and cyber-risk supervision, financial inclusion, payments modernisation including Kosovo’s SEPA integration and the planned TIPS Clone fast payments platform, as well as support on AML/CFT, proliferation financing, capital market infrastructure, and securities custody and settlement.
Policy & regulationCooperationCross-border cooperation
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2026-04-20•Luxembourg•Central Bank of Luxembourg
The Central Bank of Luxembourg published results from the fifth wave of the 2023 Luxembourg Household Finance and Consumption Survey, based on a weighted sample of 3,699 resident households, showing that real assets accounted for 81% of total household assets and financial assets 19%. Half of households were indebted, predominantly via mortgages, with average debt falling to EUR 150,000, while median net wealth declined to EUR 676,000 and wealth inequality remained broadly unchanged, with the top 5% holding about one-third of total net wealth.
Data & statisticsEconomic data and developments
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2026-04-20•Mexico•CONDUSEF
Mexico’s National Commission for the Protection and Defense of Users of Financial Services handled 1,521 complaints in Coahuila in the first quarter of 2026, up 14.4% year-on-year and representing 2.1% of national complaints, with MXN 12.5 million recovered for users and a 40.1% user-favourable outcome rate. Multiple banking generated 61.0% of complaints, mainly unrecognised purchases and electronic transfers, with credit cards, debit cards and personal loans accounting for 79.5% of product-linked complaints and 29.8% of all complaints linked to possible fraud.
Data & statisticsComplaints and dispute resolution
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2026-04-20•Angola•Angola Insurance Authority (ARSEG)
The Angola Insurance Authority has published its 2025 national and sectoral risk assessment report covering money laundering, terrorist financing and proliferation financing. The report sets out the authority’s assessment of related risks across the Angolan insurance sector.
ResearchAML and CFT
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2026-04-20•Japan•Bank of Japan
The Bank of Japan published results from its 105th survey of public views, showing improved perceptions of current economic conditions and household circumstances compared with late 2025, although respondents continued to report widespread price increases and expect further rises over the next year. The diffusion index for current economic conditions rose to -45.5 and the one-year outlook to -18.5, while 95.0% reported prices had risen versus a year earlier and 83.7% expected further increases.
Data & statisticsEconomic data and developments
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2026-04-20•Ireland•Department of Finance (Ireland)
Ireland’s Department of Finance reported on progress at a Home Building Finance Ireland-funded mixed-tenure residential development in Drogheda, which has delivered 425 homes to date, with 76 under construction and a further 162 in the pipeline. The update also noted HBFI’s broader activity since 2019, with over EUR 3.3 billion in approved funding to support nearly 17,000 homes across 233 developments nationwide, over 40% of which are social and affordable, and an additional EUR 200 million in funding secured for 2026.
Policy & regulationImplementation, projects & pilotsSME financing
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2026-04-20•Italy•Italian Securities Commission (Consob)
The Italian Securities Commission (Consob) published its 2025 report on sustainability reporting by Italian listed companies, calling 2025 a transition year and the first under the Corporate Sustainability Reporting Directive and mandatory European Sustainability Reporting Standards. The report notes broad uptake of the new reports, more structured ESG governance and remuneration practices among companies expected to remain in scope from 2027, and widespread stakeholder and board involvement in double materiality assessments, although climate transition plans remain limited. An annex covering 2018–2024 shows rising stakeholder and board engagement, more sustainability committees and greater integration of ESG objectives into executive pay.
SupervisionRisk monitoring & watch pointsESG
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2026-04-20•Japan•Japan Financial Services Agency
The Japan Financial Services Agency has published a report and datasets prepared by the QUICK Asset Management Research Institute on key performance indicators for domestic asset management companies and issues related to domestic public investment trusts. The materials provide end-2025 data on fund performance, fees, expenses and 10-year averages by fund type and management company, including comparative reference data for 2025 versus 2020 for active and index products.
ResearchFinancial and market indicatorsSupervisory data
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2026-04-20•Canada•Bank of Canada
The Board of Directors of the Bank of Canada has appointed Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective 25 May and 3 August 2026. Gosselin will join the Governing Council to oversee analysis of domestic economic developments, while Vincent will become a full-time Deputy Governor responsible for international economic analysis and serving as the Bank’s G7 and G20 Deputy. The Bank will launch a recruitment process to fill the resulting vacancy for an external Deputy Governor.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-04-20•Peru•Superintendencia de Banca, Seguros y AFP del Peru
Peru's Superintendency of Banking, Insurance and Private Pension Fund Administrators has begun deposit repayments to customers of Caja Rural de Ahorro y Crédito Del Centro under the Deposit Insurance Fund following its liquidation. The first payout, via Caja Municipal de Ahorro y Crédito Arequipa branches, covers natural persons’ savings and term deposits, with foreign-currency deposits paid in PEN at an exchange rate of PEN 3.3740 and insured coverage capped at PEN 117,200 per depositor.
SupervisionInterventionsRecovery and resolution
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2026-04-20•Tonga•National Reserve Bank of Tonga
The National Reserve Bank of Tonga has published a draft National Credit Register Bill 2026 to establish a national credit register within the central bank, in collaboration with the Asian Development Bank. The bill would make membership mandatory for all licensed lenders, define the credit data to be collected, and assign operational responsibility to the central bank under its Board’s oversight. It also introduces borrower consent requirements, confidentiality and consumer protection measures, and enforcement powers for non-compliance.
Policy & regulationRules & requirementsCredit riskFinancial stability and systemic risk
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2026-04-20•Dominican Republic•Pensions Superintendency (SIPEN)
The Dominican Republic’s Pensions Superintendency (SIPEN) outlined measures to ease access to pension assets, including simplified procedures for survivors, a single notarised heirship certificate for all Pension Fund Administrators, and removal of inheritance tax on pension disbursements, with over DOP 11,000 million already paid to heirs. SIPEN also highlighted pension literacy initiatives and work with the Association of Multiple Banks to incorporate social security contribution histories into credit scoring, and reiterated three legal options at age 60 for late entrants who will not reach 360 contributions: programmed withdrawals, annuities where savings exceed 1.5 times the minimum pension, or partial or full withdrawals.
Policy & regulationImplementation, projects & pilotsFinancial inclusion
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2026-04-20•Dominican Republic•Pensions Superintendency (SIPEN)
The Pensions Superintendency (SIPEN) outlined its strategy to strengthen the Dominican Pension System through pension education initiatives, regulatory enhancements and expanded citizen service channels, including the “Know Your Future” programme and the “Tu Futuro” service centre with the R.I.T.A. chatbot. SIPEN reported 259,253 late-entry refunds totalling DOP 59,573 million, DOP 9,545 million paid to legal heirs and DOP 766 million in terminal-illness refunds, as well as survivor, disability, old-age and severance pensions. It also highlighted Complementary Pension Plans allowing tax-free voluntary contributions with options for early use for housing, education or medical emergencies.
Financial literacy & education
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2026-04-20•Greece•Bank of Greece
Bank of Greece Deputy Governor Christina Papaconstantinou participated in the IMF and World Bank Spring Meetings, including International Monetary and Financial Committee proceedings on global economic prospects amid Middle East-related uncertainty. She also joined a Sveriges Riksbank roundtable on geopolitical instability, attended a side event on supervisory culture, and met central bank, supervisory and IMF representatives on international developments, cooperation, Greek economic resilience and the 2025 FSAP mission to Greece.
Policy & regulationCooperationGeopolitical riskFinancial stability and systemic risk
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2026-04-20•Morocco•Moroccan Capital Markets Authority
The Moroccan Capital Markets Authority published its March 2026 disclosure of transactions by listed companies under share buyback programmes, including trades executed via liquidity contracts, in line with Decree No. 2-02-556. The disclosure details, for each programme, the authorised volume as a percentage of share capital, the cap of up to 20% for execution via liquidity contracts, price limits, and monthly purchases and sales, with examples including two ongoing programmes by Maroc Telecom.
SupervisionRegulatory reportingOther
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2026-04-20•United States•National Association Of Insurance Commissioners
The National Association of Insurance Commissioners has opened the 2026 virtual spring session of its International Fellows Program, with record participation of more than 200 insurance regulators from 42 jurisdictions. The intensive course is designed to deepen foreign regulators’ understanding of the United States state-based insurance regulatory system and the association’s role in supporting state regulators through engagement with its technical experts.
Institutional developmentCooperation & capacity buildingCapacity buildingDomestic cooperation
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2026-04-20•Canada•Ontario Securities Commission
The Ontario Securities Commission, Québec’s Autorité des marchés financiers and France’s Autorité des marchés financiers have agreed a new collaborative procedure to support initial cross-listings of securities on Canadian and French exchanges by prospectus. The arrangement facilitates regulator-to-regulator dialogue and information sharing during prospectus reviews, while requiring full compliance with each country’s regulatory and exchange requirements and providing no regulatory relief.
Policy & regulationCooperationCross-border cooperation
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2026-04-20•Global•Bank for International Settlements - Committee on Payments and Market Infrastructures
The Bank for International Settlements’ Committee on Payments and Market Infrastructures has published a staff brief on practical considerations for migrating payment messaging to ISO 20022, highlighting how harmonised implementation can reduce cross-border payment frictions through structured data, reduced message truncation and improved processing, compliance and fraud controls. The brief outlines a three-stage migration process, compares big bang and phased approaches with examples from several jurisdictions, and situates these lessons within the G20 cross-border payments programme and the Committee’s 12 ISO 20022 harmonisation requirements.
Policy & regulationGuidance & interpretationCross-border payments
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2026-04-20•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission jointly proposed amendments to Form PF to reduce private fund reporting burdens while preserving data needed for systemic-risk monitoring and investor protection. The proposal would raise the Form PF filing threshold from USD 150 million to USD 1 billion and the “large” hedge fund adviser threshold from USD 1.5 billion to USD 10 billion, simplify or eliminate multiple reporting items, introduce a mechanism to identify funds active in private credit, and require SEC review of Form PF thresholds about every five years.
Policy & regulationRules & requirementsRegulatory burden
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2026-04-20•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission proposed amendments to Form PF to remove certain private fund adviser filing and reporting obligations and streamline others, refocusing the form on its systemic risk purpose. The proposal would raise filing thresholds for private fund advisers and large hedge fund advisers and reduce some data elements introduced by the 2024 amendments, with the Commissions seeking feedback on further threshold updates, periodic adjustments, additional reductions including possible removal of questions 42 and 43, and the balance between systemic risk monitoring and reporting costs.
Policy & regulationRules & requirementsRegulatory reporting
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2026-04-20•Algeria•Algeria Market Authority (COSOB)
The Algeria Market Authority has entered into a partnership with the Institute for Research and Training in Islamic Finance on Islamic finance capacity building. The agreement is focused on a certification training program for market participants' staff that leads to the title of Islamic Financial Market Professional.
Policy & regulationCooperationCapacity building
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2026-04-20•Greece•Hellenic Capital Market Commission
The Hellenic Capital Market Commission announced that its chair, Vasiliki Lazarakou, has been unanimously re-elected by the International Organization of Securities Commissions’ European Regional Committee as its representative on the IOSCO Board for the 2026–2028 term, marking a third consecutive mandate. Lazarakou described the re-election as a vote of confidence from European peers and said the Commission will contribute to IOSCO board-level dialogue and the development and adoption of best practices.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-04-20•Peru•Superintendencia de Banca, Seguros y AFP del Peru
The Superintendency of Banking, Insurance and Private Pension Fund Administrators of Peru has begun insured deposit repayments to customers of Caja Rural de Ahorro y Crédito Del Centro via Caja Municipal de Ahorro y Crédito Arequipa branches, following the institution’s liquidation. The initial payout covers natural persons’ savings and term deposits, with subsequent lists to include severance compensation accounts, debtors and blocked accounts, and foreign-currency deposits paid in PEN at the SBS accounting exchange rate of 13 April 2026, subject to the PEN 117,200 per-depositor limit.
SupervisionInterventionsRecovery and resolution
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2026-04-20•Uruguay•Central Bank of Uruguay
The Central Bank of Uruguay approved a USD 13,254,331 transfer to the Bank Asset Recovery Fund of former Banco Comercial S.A., funded by court-ordered auctions and seized assets, for the benefit of depositors. The recoveries stem from legal actions against parties involved in fraudulent transactions, with all assets channelled into a fund administered by the Banking Savings Protection Corporation, increasing depositors’ recovery percentages. The Central Bank added that it continues to enforce favourable judgments and pursue precautionary measures to recover assets for depositors of institutions liquidated during the 2002 financial crisis.
EnforcementInvestigations & enforcement actionsOther
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2026-04-20•Europe•European Insurance and Occupational Pensions Authority
The European Insurance and Occupational Pensions Authority has issued revised Guidelines on the systematic exchange of information within Colleges of Supervisors to promote a more proportionate, practical information-sharing framework among National Competent Authorities supervising cross-border insurance groups. The update streamlines annexes, aligns legal references with recent regulatory developments, and introduces provisions for sharing group Own Risk and Solvency Assessment reports within colleges under strict confidentiality safeguards, without creating new reporting requirements.
Policy & regulationGuidance & interpretationSupervision process and methodologies
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2026-04-20•Cuba•Central Bank of Cuba
The Central Bank of Cuba updated a pilot scheme using the Caja Extra service and newly participating economic actors to deliver pension and retirement payments in La Lisa, Havana. The programme, implemented via Banco Metropolitano and local entities including Boscardo MSME, Las Delicias and Los Titis, maintains some home cash delivery and initially targets education-sector retirees, with planned expansion beyond the capital to reduce branch footfall and bring services closer to beneficiaries.
Policy & regulationImplementation, projects & pilotsOther
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2026-04-20•Libya•Central Bank of Libya
The Central Bank of Libya said it has agreed with the People's Bank of China to connect Libyan commercial banks to China’s CIPS network to streamline cross-border transfers and support bilateral trade. The package also includes direct remittances to China for small traders and direct letters of credit through Chinese banks. A Libyan banking delegation will visit China to advance the cooperation.
Policy & regulationImplementation, projects & pilotsCross-border cooperationCross-border payments
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2026-04-20•United States•U.S. Department of the Treasury
The U.S. Department of the Treasury released a readout of the 16 April G20 Finance Ministers and Central Bank Governors meeting, which focused on the Middle East conflict’s economic impacts on agriculture, value chains and fertilizer markets, and the need to maintain food and fertilizer supply chains for low-income and vulnerable countries. Many members called for avoiding fertilizer export restrictions, welcomed IMF and World Bank coordination, and stressed diversified fertilizer production, while the U.S. G20 Presidency committed to further discussions.
Policy & regulationCooperationEconomic data and developments
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2026-04-20•Europe•European Central Bank
European Central Bank President Christine Lagarde assessed the economic implications of an energy supply shock linked to the conflict affecting the Strait of Hormuz and outlined conditions for calibrating the monetary policy response, highlighting uncertainty over the duration of the disruption and the pass-through of higher energy prices to broader inflation. She noted that the ECB’s March baseline, adverse and severe scenarios all imply higher inflation and weaker growth than in December, with risks of non-linear effects if disruptions persist, and drew lessons from 2022 on fiscal support design given reduced fiscal space. The ECB will closely monitor firms’ pricing, wage negotiations and the disruption’s evolution before deciding on its monetary policy reaction, while reaffirming its commitment to return inflation to 2% over the medium term.
Monetary policyMonetary policy assessments & outlooksEconomic data and developmentsMonetary policy decisions and developments
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2026-04-20•Isle of Man•Isle of Man Financial Services Authority
The Isle of Man Financial Services Authority has de-registered Dorna Clark under the Designated Businesses (Registration & Oversight) Act 2015 pursuant to section 12(1)(a). The de-registration takes effect from 20 April 2026.
SupervisionAuthorisations & approvalsAML and CFTWhistleblowing
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2026-04-20•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission will host its next Digital Forum roundtable on stablecoins, open to representatives of the Bailiwick’s financial services sector and other stakeholders. The discussion will examine the role of stablecoins in digital finance, including yield, reward and structural design, and will consider the economic and regulatory implications of different models such as fiat-backed and commodity-backed structures and yield-bearing arrangements within existing frameworks.
Policy & regulationOtherStablecoins
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2026-04-20•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario issued a compliance order and administrative penalties totalling CAD 3,500 against Iftikhar Ahmad Qadeer following a settlement. The action concerns alleged breaches of the Mortgage Brokerages, Lenders and Administrators Act, 2006, including dealing in mortgages for remuneration without a licence or exemption and using an email address that could reasonably lead others to believe he was a licensed mortgage agent.
EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
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2026-04-20•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority has opened vacancies for two new members of the Financial Services Consumer Panel, its independent statutory panel representing consumers of financial services. Panel members are expected to provide constructive challenge and expert advice to embed the consumer perspective in the FCA’s policy development and implementation, with candidates sought across consumer policy, behavioural insights, innovation and technology, fintech or digital markets, retail banking, investments and payments.
Institutional developmentLeadership change & appointmentsHiring and recruitment
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2026-04-20•Tanzania•Bank of Tanzania
The Bank of Tanzania has designated eight banks as Market Makers in the Electronic Matching System for the Interbank Foreign Exchange Market under the Guidelines on the Electronic Matching System, 2026, to support liquidity, orderly market conduct, and efficient price discovery. The appointed institutions must continuously post two-way quotes and associated volumes throughout trading hours.
Policy & regulationImplementation, projects & pilotsTrading
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2026-04-20•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market announced it participated for the first time as a full member in the 51st meeting of the Organisation for Economic Co-operation and Development Corporate Governance Committee. The Commission highlighted priorities including stronger investor protection, enhanced accountability of supervisory boards, and corporate governance reforms in state-owned enterprises, with Commission member Maksym Libanov representing Ukraine.
Policy & regulationCooperationCorporate governance
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2026-04-20•Bermuda•Bermuda Monetary Authority
The Bermuda Monetary Authority has issued an indefinite prohibition order against Joakim Samuelsson, barring him from senior or controlling roles in entities registered under the Insurance Act 1978, after finding regulatory breaches and conduct failures at Custodian Life Limited. The Authority concluded that his lack of competence, diligence and sound judgment led to longstanding breaches, including improper trading, misleading disclosures, failures to cooperate with regulators and liquidators, and non-compliance with Supreme Court of Bermuda orders, which it said contributed to Custodian’s liquidation.
EnforcementSanctions & designationsCorporate governance
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2026-04-20•Mexico•Ministry of Finance & Public Credit (Mexico)
Mexico’s Ministry of Finance and Public Credit, through its Financial Intelligence Unit, has agreed with the Confederation of Associations of Customs Brokers of the Mexican Republic to enhance coordination and establish a direct cooperation and information-exchange channel to prevent misuse of the financial system in foreign trade operations. The initiative positions customs brokers as a first-line technical filter for regulatory compliance, focusing on strengthening due diligence, earlier detection of atypical transactions, and better information integration while maintaining legal obligations.
SupervisionCooperationCross-border cooperation
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2026-04-20•Mexico•Ministry of Finance & Public Credit (Mexico)
Mexico’s Ministry of Finance, through the Financial Intelligence Unit, met with the Confederation of National Chambers of Commerce, Services and Tourism to strengthen coordination with the business sector, particularly family-owned firms, in promoting compliance and preventing misuse of the financial system. Discussions focused on guidance, training and institutional support to help firms meet obligations and mitigate risks, with the authority linking regulatory clarity and a stronger preventive culture to greater legal certainty and financial system integrity.
Policy & regulationGuidance & interpretationComplianceAML and CFT
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2026-04-20•Canada•Bank of Canada
The Bank of Canada released its first-quarter 2026 Canadian Survey of Consumer Expectations, including a special survey on the war in the Middle East. The main survey shows muted spending plans, a still-soft labour market, near-term inflation expectations above the historical average but slightly lower longer-term expectations, and a modest rise in the CSCE indicator that remains below year-earlier levels. The special survey indicates most households expect the war to weaken the Canadian economy and raise inflation, with many cancelling or postponing trips and delaying or reducing major spending.
Data & statisticsEconomic data and developments
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2026-04-20•Canada•Bank of Canada
The Bank of Canada’s first-quarter 2026 Business Outlook Survey reports modestly improved business sentiment, stronger expectations for sales, investment and hiring, and wage growth around 3.5%, with most firms planning “average-sized” price and wage increases. While core responses predate the Middle East war, follow-up contacts with more exposed firms indicate higher input cost pressures—especially for energy, fertilizer and freight—and slightly higher one-year-ahead inflation expectations amid limited pricing power. Few firms said the upcoming Canada-United States-Mexico Agreement joint review is affecting near-term plans.
Data & statisticsEconomic data and developments
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2026-04-20•Indonesia•OJK
Indonesia’s Financial Services Authority (OJK) used an Inspiring Talkshow themed “Kartini Inspires: Independent in Spirit, Firm in Integrity” to promote integrity and an anti-fraud culture across financial services and public institutions. OJK highlighted women’s growing governance role alongside persistent gender equality and violence challenges, and outlined initiatives including its “Proud Without Fraud” programme, Anti-Bribery Management System certification, gratuity controls, cooperation with the Corruption Eradication Commission, and a Whistleblowing System to report ethical breaches and fraud.
Policy & regulationGuidance & interpretationCorporate governanceCompliance
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2026-04-20•Burundi•Ministry of Finance & National Planning (Burundi)
Burundi’s Ministry of Finance and National Planning announced a USD 100 million commercial financing agreement with the Arab Bank for Economic Development in Africa to support essential imports, alongside Spring Meetings discussions on infrastructure, energy and mining corridor financing, including PPP options. IMF officials welcomed progress in Burundi’s macroeconomic stabilization program, while the delegation also explored potential cooperation with Cybastion on digital infrastructure and cybersecurity.
Policy & regulationImplementation, projects & pilotsOther
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2026-04-20•Global•International Monetary Fund
The International Monetary Fund published research on trade policy uncertainty (TPU) in several ASEAN economies, constructing granular TPU measures that distinguish protectionist from trade agreement-related uncertainty and separate domestic from third-party shocks. The paper finds third-party TPU shocks are most damaging to output per capita via weaker investment and private consumption, while own-country protectionist TPU shocks reduce trade balances and raise inflation, and agreement-related TPU shocks provide a modest, temporary output boost attributed to anticipatory investment.
ResearchOther
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2026-04-20•United States•Commodity Futures Trading Commission
The Commodity Futures Trading Commission and the Securities and Exchange Commission jointly proposed amendments to Form PF to reduce reporting burdens for private fund advisers while maintaining data coverage of most private fund and hedge fund assets. The proposal would raise the general Form PF filing threshold from USD 150 million to USD 1 billion in private fund assets under management, increase the “large hedge fund adviser” threshold from USD 1.5 billion to USD 10 billion, eliminate quarterly and current reporting for smaller hedge fund advisers, and streamline or remove additional Form PF requirements.
Policy & regulationRules & requirementsRegulatory reporting
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2026-04-20•Oman•Oman Financial Services Authority
The Oman Financial Services Authority has launched a public awareness campaign and an Investor Protection Portal to warn against fraud by unauthorised securities platforms and other unlicensed financial entities. The measures focus on verifying firms through official lists, recognising phishing and suspicious communications, and using reporting channels for attempted or actual fraud.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-04-20•Oman•Oman Financial Services Authority
The Oman Financial Services Authority ran a hands-on workshop for Sultan Qaboos University students on constructing and stress-testing investment portfolios. Participants selected eight to 12 Muscat Stock Exchange stocks, set allocations and tested outcomes against scenarios including a 15% market decline, sector growth and economic shocks. The workshop forms part of the authority’s broader financial literacy strategy.
Financial literacy & educationFinancial literacy and education
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2026-04-20•Georgia•National Bank of Georgia
The National Bank of Georgia reported on a one-week visit to Washington during the International Monetary Fund and World Bank Spring Meetings, where discussions focused on Georgia’s economic situation, regional cooperation and the role of the Middle Corridor amid geopolitical developments. The delegation held high-level meetings with senior IMF officials, conducted investor outreach with more than 20 global investment groups hosted by J.P. Morgan and Bank of America, and discussed future cooperation with the Central Bank of the United Arab Emirates.
Policy & regulationCooperationEconomic data and developmentsFinancial stability and systemic risk
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2026-04-20•France•France Autorite des marches financiers
The French Financial Markets Authority (Autorité des marchés financiers) has published a bilateral cooperation agreement with Ontario and Québec to facilitate the cross-listing of securities between France and Canada. The arrangement is framed under the AMF’s Europe and international cooperation agreements and is linked to equity markets.
Policy & regulationCooperationCross-border cooperation
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2026-04-20•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission has issued guidance establishing a regulatory framework to pilot secondary trading of tokenised SFC-authorised investment products, initially focused on tokenised open-ended funds on SFC-licensed virtual asset trading platforms. It aims to broaden regulated secondary-market access for retail investors, support potential round-the-clock trading and the use of regulated stablecoins, and incorporates requirements on fair pricing, orderly trading, liquidity provision and disclosure. The SFC highlighted rapid market growth, with 13 tokenised products publicly offered and tokenised assets under management rising about seven-fold over the past year to HKD 10.7 billion as of March 2026.
Policy & regulationImplementation, projects & pilotsTokenization