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Showing 18,801–18,900 of 51,405 updates · Page 189 of 515

  • 2026-03-24United StatesNational Credit Union Administration

    National Credit Union Administration consults on removing limits for third-party serviced indirect auto loan purchases

    The National Credit Union Administration has proposed eliminating certain Code of Federal Regulations requirements related to third-party servicing of indirect vehicle loans. This change would remove limits on federally insured credit unions' ability to purchase or participate in these loans, aiming to reduce regulatory burden and increase flexibility. Stakeholders are encouraged to review and comment on the proposal.

    Policy & regulationRules & requirementsOutsourcing and third-party risk management
  • 2026-03-24United StatesFederal Reserve Bank of Kansas City

    Federal Reserve Bank of Kansas City elects Clark Lauritzen to its Board and appoints Chanda Chacón to the Omaha Branch board

    Clark Lauritzen, chairman and president of First National Bank of Omaha, has been elected to the Federal Reserve Bank of Kansas City's head office Board of Directors. Chanda Chacón, president and CEO of Children’s Nebraska, has been appointed to the Omaha Branch board. Lauritzen will serve until December 31, 2026, while Chacón's term ends December 31, 2028.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-24ChileCentral Bank of Chile

    Chile’s central bank keeps policy rate unchanged at 4.5 %

    Central Bank of Chile held the policy rate at 4.5 %, unchanged since its 25 bp cut in December 2025, citing heightened global uncertainty and oil approaching USD 100 that are expected to push inflation to about 4 % in Q2 before easing toward the 3 % target by 2027. The Board will decide “meeting by meeting” and signalled readiness to tighten if pass-through or persistence risks grow.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-03-24SwedenRiksbank

    Sweden's Riksbank welcomes government bill to mandate cash acceptance for essential goods and improve cash services

    Riksbank’s First Deputy Governor Aino Bunge supported the Government’s bill to safeguard cash payments for essential goods and enhance access to cash services during a seminar in Parliament. She emphasized cash's importance in crises and for those without digital payment access, urging regular cash use to maintain system functionality. The bill mandates cash acceptance at grocery stores and pharmacies and improves cash deposit and change services, with the Riksbank enhancing support through new cash depots and banknote reserves.

    Policy & regulationRules & requirementsPayments and payment systems
  • 2026-03-24NorwayNorges Bank

    Norges Bank publishes four reports on digital central bank money and maintains there is no current case for issuance

    Norges Bank released four reports on digital central bank money (DSP), concluding there's no current basis to introduce DSP in Norway, though it may become relevant later. The reports cover final project phase 5 findings, a digital euro's impact on Norway, experimental testing results, and analysis of tokenised bank deposits and wholesale Central Bank Digital Currency (CBDC). Further work will focus on tokenisation and DSP forms, including technology testing and collaboration with payment system participants.

    ResearchCBDC
  • 2026-03-24UgandaUganda Capital Markets Authority

    Uganda Capital Markets Authority explores Ugandan Depository Receipts framework to widen access to foreign securities

    The Uganda Capital Markets Authority held a roundtable on a proposed Ugandan Depository Receipts framework. UDRs would let investors trade shares of foreign companies in Uganda’s market, with discussions focusing on market-access benefits, liquidity and the regulatory conditions needed for implementation.

    Policy & regulationGuidance & interpretationSecurities offerings and listingsMarket development
  • 2026-03-24GhanaBank of Ghana

    Bank of Ghana launches 3i Africa Summit 2026 and sets out priorities for an integrated African fintech ecosystem

    The Bank of Ghana's Governor, Dr. Johnson Pandit Asiama, delivered a keynote at the 3i Africa Summit 2026, emphasizing the theme "Shaping Africa’s Integrated FinTech Future." The address underscored priorities such as enhancing interoperability, investing in digital infrastructure, and fostering cross-border integration. The 3i Africa platform aims to unite regulators, industry, and investors to translate policy ambitions into practical actions.

    Policy & regulationReform agendas & prioritiesFintech and insurtechMarket development
  • 2026-03-24New ZealandReserve Bank of New Zealand

    Reserve Bank of New Zealand speech says cost of living pressures reflect purchasing power and require stable inflation and stronger productivity

    In a speech, Mr. Conway of the Reserve Bank of New Zealand highlighted the country's cost of living challenge as a purchasing power issue, emphasizing that monetary policy alone cannot enhance affordability. He noted that while inflation has eased, prices remain significantly higher than pre-pandemic levels, with New Zealand's overall prices above the OECD average. Sustainable improvements in living standards require productivity gains through structural policies fostering competition, investment, and innovation.

    Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
  • 2026-03-24United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking, Housing and Urban Affairs lawmakers urge Commerce Department to pause and reassess Nvidia AI chip export licenses after Supermicro diversion indictment

    U.S. Senators Jim Banks and Elizabeth Warren have urged the Bureau of Industry and Security to pause and review export licenses for Nvidia AI chips following allegations of illegal exports to China. The senators highlighted concerns over Nvidia's compliance and supply-chain monitoring, questioning the reliance on executive assurances and emphasizing the importance of adhering to Export Administration Regulations.

    Policy & regulationOtherLicence withdrawal
  • 2026-03-24CanadaOffice of the Superintendent of Financial Institutions

    Office of the Superintendent of Financial Institutions signals targeted capital recalibration and a 12-month fast-track approvals process for eligible new entrants

    Superintendent Peter Routledge of the Office of the Superintendent of Financial Institutions (OSFI) outlined a strategic shift towards fine-tuning capital standards and regulatory processes, emphasizing evidence-based adjustments. OSFI is recalibrating capital requirements for SMEs and infrastructure investments, modernizing regulatory guidance, and developing a fast-track approvals framework for new market entrants. Supervisory priorities include monitoring AI-related governance risks, housing credit risks, and banks' exposures to private credit funds, focusing on insurers' private market exposures and alignment with IFRS 18.

    Policy & regulationReform agendas & prioritiesCapital adequacy
  • 2026-03-24EuropeEuropean Association of CCP Clearing Houses

    European Association of CCP Clearing Houses says EU and UK CCPs will support T+1 exercise and assignment for deliverable equity ETDs while fixed income ETDs remain T+2

    The European Association of CCP Clearing Houses (EACH) announced support for aligning the exercise and assignment process for deliverable equity exchange traded derivatives (ETDs) to T+1, while deliverable fixed income ETDs will remain on T+2. This move aligns with the Futures Industry Association's request and addresses market queries about the voluntary shift to T+1 for physical delivery. EACH anticipates individual central counterparties will issue formal confirmations.

    Policy & regulationGuidance & interpretationCCPs
  • 2026-03-24VietnamState Bank of Vietnam

    State Bank of Vietnam updates National AML Steering Committee on FATF action plan with 14 of 17 actions still requiring work

    The State Bank of Vietnam (SBV) updated the National Steering Committee on Anti-Money Laundering on Vietnam's national action plan, noting three of 17 actions are "Completed" or "Largely completed," while 14 need further work. Recent developments include an IMF-supported toolkit for risk-based inspection and a circular on the Anti-Money Laundering Law. The Deputy Prime Minister instructed SBV to refine the report and directed ministries to enhance resources and review legal provisions for anti-money laundering efforts.

    Policy & regulationImplementation, projects & pilotsAML and CFT
  • 2026-03-24IrelandCentral Bank of Ireland

    Central Bank of Ireland outlines revised Consumer Protection Code expectations and a 52-workstream consumer protection programme for 2026

    Deputy Governor Colm Kincaid outlined the revised Consumer Protection Code at the Central Bank of Ireland’s workshop, addressing risks from operational disruptions, fraud, digitalisation, and AI. The Code mandates robust risk management, consumer-focused digital technologies, and limits on data use to prevent consumer exploitation. The Central Bank plans 52 initiatives in 2026, including thematic reviews and supervisory actions to ensure compliance.

    Policy & regulationRules & requirementsConsumer and investor protection
  • 2026-03-24BurundiBank of the Republic of Burundi

    Bank of the Republic of Burundi holds awareness session on risk management and business continuity planning

    The Bank of the Republic of Burundi conducted an internal awareness session for directors and department heads on risk management and the Business Continuity Plan. The session aimed to embed a proactive risk culture and highlighted the Business Continuity Plan as crucial for maintaining or restoring critical activities after major incidents. This initiative is part of the bank's focus on institutional resilience and modern governance.

    Institutional developmentCooperation & capacity buildingOperational risk and resilience
  • 2026-03-24GreeceBank of Greece

    Bank of Greece reviews bank resilience and geopolitical risks with European supervisory and resolution leaders

    The Bank of Greece reviewed Greek bank resilience, supervisory priorities and regulatory developments with the heads of the Single Supervisory Mechanism and Single Resolution Board. While assessing banks as substantially stronger, the authorities emphasized vigilance over credit risks arising from geopolitical uncertainty and energy price shocks.

    SupervisionCooperationCapital adequacyLiquidity riskAsset quality
  • 2026-03-24North MacedoniaMinistry of Finance (North Macedonia)

    North Macedonia's Ministry of Finance flags EUR 8bn five-year liability servicing pressure and keeps further support measures under review

    North Macedonia's Finance Minister Gordana Dimitrieska-Kocoska highlighted significant budget pressures due to over EUR 8 billion in liability servicing needs and rising interest costs, expected to reach nearly 2% of GDP by 2026. She emphasized that further government measures will be targeted and aligned with fiscal space and inflation risks, stressing the importance of fiscal consolidation and coordination with the National Bank. The government will monitor developments and assess the necessity of new measures.

    Policy & regulationOtherMonetary policy decisions and developments
  • 2026-03-24MoldovaNational Bank of Moldova

    National Bank of Moldova launches drafting of preparatory measures to implement EU home host cooperation standards for cross border payment and e money supervision

    The National Bank of Moldova is drafting an Executive Committee decision to implement EU regulatory technical standards for cooperation and information exchange in supervising cross-border payment and electronic money institutions. This initiative aligns with Moldova's commitments under the 2025–2029 National Programme for EU accession and aims to apply Commission Delegated Regulation (EU) 2021/1722 upon accession.

    Policy & regulationImplementation, projects & pilotsCross-border payments
  • 2026-03-24MoldovaNational Bank of Moldova

    National Bank of Moldova governor highlights SEPA accession, MIA instant payments and EU accession negotiation role at governance conference

    National Bank of Moldova Governor Anca Dragu highlighted reforms aligning with European standards for financial modernization and EU integration. She emphasized banking system stability and capitalization, supported by positive IMF and World Bank assessments. Dragu noted infrastructure advancements, including reduced euro transfer costs via the Single Euro Payments Area and progress in capital market development.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-03-24United StatesU.S. Securities & Exchange Commission

    U.S. Securities and Exchange Commission chair Paul Atkins highlights token taxonomy and Howey interpretation distinguishing five digital asset categories

    SEC Chairman Paul S. Atkins, at the Digital Asset Summit 2026, discussed the SEC's token taxonomy and Howey test interpretation to clarify when crypto assets fall under federal securities laws. The framework defines "investment contract" and categorizes digital assets, with four out of five categories viewed as not securities. Atkins emphasized the need for Congress to enact comprehensive legislation to future-proof digital asset regulation.

    Policy & regulationGuidance & interpretation
  • 2026-03-24MaltaCentral Bank of Malta

    Central Bank of Malta and Malta Bankers' Association reinforce public awareness of digital financial scams

    The Central Bank of Malta and the Malta Bankers’ Association highlighted practical steps for identifying and avoiding increasingly sophisticated digital financial scams. They stressed that banks never request personal credentials and called for stronger information sharing and cooperation against fraud.

    Financial literacy & educationFraud and scams
  • 2026-03-24HungaryNational Bank of Hungary

    MNB holds base rate at 6.25%

    Hungarian National Bank’s Monetary Council kept the base rate at 6.25 % (deposit 5.25 %, lending 7.25 %) within the ±100 bp corridor, citing heightened geopolitical tensions, higher energy prices and global risk aversion. It will maintain FX liquidity support and a positive real policy rate, warning inflation will top the 3 ± 1 pp tolerance band from Q3 2026 before easing in H2 2027 and pledging data-driven, cautious policy.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-03-24EuropeEuropean Banking Authority

    European Banking Authority publishes second MREL impact assessment showing EU banks averaged 34.7% of TREA in eligible instruments by end-2024

    The European Banking Authority (EBA) released its second impact assessment of the minimum requirement for own funds and eligible liabilities (MREL), noting EU banks' continued MREL resource growth and market access expansion, with limited impact on business models. By end-2024, MREL-eligible instruments averaged 34.7% of total risk exposure amount, with larger banks issuing across subordination layers and smaller banks relying on retained earnings and Common Equity Tier 1 capital. The EBA is exploring ways to streamline the capital and TLAC/MREL framework following recommendations on regulatory efficiency.

    Policy & regulationImplementation, projects & pilotsPrudential risksRecovery and resolution
  • 2026-03-24RussiaCentral Bank of Russia

    Central Bank of Russia reports March 2026 maximum ruble deposit rates at top 10 banks edging down to 13.80%

    The Central Bank of Russia released its March 2026 monitoring results for maximum interest rates on Russian ruble deposits from the 10 largest credit institutions by household deposits. The average maximum rate was 13.87% for the first 10 days and 13.80% for the second 10 days of March. Rates are indicative and exclude special client categories, compound interest, and other conditional deposits.

    Data & statisticsFinancial and market indicators
  • 2026-03-24SwedenFinansinspektionen

    Swedish Financial Supervisory Authority replaces Standard Report schema stnd_v4 with stnd_v5 for the 31 March 2026 reference date

    Finansinspektionen has released a new schema for the Standard Report, effective for reporting with the 31 March 2026 reference date, updating from module version stnd_v4 to stnd_v5. This update addresses incorrect regulatory references in the schema's "descriptions" field in tab C of the balance sheet specifications.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-03-24GlobalInternational Association of Insurance Supervisors

    International Association of Insurance Supervisors admits the Illinois Department of Insurance to its Multilateral Memorandum of Understanding

    The International Association of Insurance Supervisors announced that the Illinois Department of Insurance has joined the IAIS Multilateral Memorandum of Understanding, facilitating international supervisory cooperation and information exchange. The MMoU provides a global framework for compliance and confidentiality among insurance supervisors. Membership now covers approximately three-quarters of global gross written premiums.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-24NamibiaBank of Namibia

    Bank of Namibia signs gold purchase agreement with QKR Namibia Navachab for structured reserve gold acquisitions

    The Bank of Namibia has signed a gold purchase agreement with QKR Namibia Navachab to acquire domestically produced gold for its reserve portfolio, aligning with international standards. This initiative is part of a broader programme to enhance reserve asset composition and bolster Namibia's resilience to external shocks. The phased implementation will include governance, risk management, and operational safeguards.

    Monetary policyMonetary policy instruments & operationsOther
  • 2026-03-24ZimbabweReserve Bank of Zimbabwe

    Reserve Bank of Zimbabwe holds Bank Policy Rate at 35%

    The Reserve Bank of Zimbabwe’s Monetary Policy Committee kept the Bank Policy Rate at 35% and left statutory reserve requirements unchanged at 15% for savings and time deposits and 30% for demand and call deposits in local and foreign currency, saying it will stay the course to contain second-round effects from fuel price increases, anchor inflation expectations and preserve low, stable single-digit inflation. The committee said annual inflation slowed to 3.85% in February 2026 and is expected to remain below 5% in March, while stronger foreign-currency inflows of USD 3.35 billion in the first two months of 2026 helped rebuild reserves, support foreign-exchange market stability and back the ZiG.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-03-24KosovoMinistry of Finance (Kosovo)

    Kosovo Ministry of Finance signs EUR 96 million agreements with the World Bank to strengthen the financial sector and facilitate trade

    The Kosovo Ministry of Finance signed agreements with the World Bank for EUR 96 million to enhance financial sector strength and trade facilitation. The EUR 50 million Financial Sector Development Project aims to establish a Development Bank, capitalize financial institutions, expand credit guarantees, and develop a fast payments system. The Western Balkans Trade and Transport Facilitation Project 2.0, funded by a EUR 35 million loan and a EUR 12 million grant, focuses on border infrastructure, trade digitalization, and aligning Kosovo with EU standards.

    Policy & regulationImplementation, projects & pilotsMarket development
  • 2026-03-24ItalyItalian Institute for Insurance Supervision (IVASS)

    Italian Institute for Insurance Supervision orders the blocking of five unauthorised insurance websites

    The Italian Institute for Insurance Supervision (IVASS) has ordered the blocking of five websites unlawfully offering insurance services, bringing the total number of blocked sites to 357 since November 2023. The blocks, implemented by Italian internet service providers, may take several days to take effect. IVASS also warned consumers against policy offers via instant messaging or text and advised verifying against official lists of supervised insurance intermediaries and undertakings.

    EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
  • 2026-03-24GreeceMinistry of National Economy and Finance (Greece)

    Greece's Ministry of National Economy and Finance and Hellenic Bank Association agree four-monthly meetings and back primary residence protection initiative

    Greece's Ministry of National Economy and Finance and the Hellenic Bank Association agreed to institutionalize regular coordination meetings to support economic initiatives, including primary residence protection. The meeting, attended by key bank executives, highlighted the resilience of the Greek economy, banks' capital adequacy, and continued credit growth. Bank representatives supported the ministry's initiative to protect primary residences and committed to expediting related processes.

    Policy & regulationCooperationEconomic data and developmentsFinancial stability and systemic risk
  • 2026-03-24United StatesU.S. Department of Justice

    U.S. Department of Justice announces guilty plea for unlicensed money transmission to move nearly USD 100,000 and evade Venezuela-related sanctions

    The U.S. Department of Justice announced that Irazmar Carbajal De Jesus pleaded guilty to conspiring to operate an unlicensed money transmitting business to circumvent U.S. sanctions on Venezuelan officials. Carbajal agreed to transfer nearly USD 100,000 into the U.S. using fake invoices and coded language, with a 20 percent fee. Sentencing is set for June 12, with a maximum penalty of five years in prison.

    EnforcementInvestigations & enforcement actionsNew sanctions designations
  • 2026-03-24ChinaChina Banking and Insurance Regulatory Commission

    China's National Financial Regulatory Administration convenes party committee meeting on Zhou Liang disciplinary and supervisory investigation

    China's National Financial Regulatory Administration held a meeting to discuss Zhou Liang's disciplinary review and investigation for suspected serious violations. The meeting, led by Li Yunze, emphasized support for central authorities, strengthening political discipline, and maintaining an anti-corruption stance. It urged leaders to ensure strict party governance and use the case as a learning opportunity.

    Institutional developmentGovernanceBribery and corruption
  • 2026-03-24United StatesCommodity Futures Trading Commission

    Commodity Futures Trading Commission launches Innovation Task Force to shape regulatory framework for crypto, AI and prediction markets

    The Commodity Futures Trading Commission has launched an Innovation Task Force to establish clearer regulations for novel products and technologies in U.S. derivatives markets. The task force, in collaboration with the Innovation Advisory Committee, will focus on crypto assets, blockchain technologies, artificial intelligence, and prediction markets. It will also coordinate with other federal agencies, including the U.S. Securities and Exchange Commission.

    Policy & regulationImplementation, projects & pilotsFintech and insurtechBlockchain and distributed ledger technology
  • 2026-03-24FranceBank of France

    Bank of France reports EUR 8.1bn net profit and fully clears 2024 accumulated losses

    The Bank of France reported 2025 net profit of EUR 8.1bn, which after a mandatory EUR 0.4bn reserve allocation will fully eliminate EUR 7.7bn of negative retained earnings, lifting net worth to EUR 283.4bn. Results were supported by improved monetary income as excess liquidity and the average deposit facility rate declined, stronger non-monetary income including an exceptional EUR 11bn foreign-exchange gain on gold standardisation, lower operating expenses, and the use of EUR 5bn in reserves. The Bank expects excess liquidity to keep falling in 2026 and reported completion of its "Construire Ensemble 2025" plan, with a 28% headcount reduction since 2015 and a 92% user satisfaction score.

    Institutional developmentOtherOperational excellence
  • 2026-03-24EcuadorSuperintendencia de Bancos de Ecuador

    Ecuador's Superintendencia de Bancos cites near gender parity in financial inclusion and a 61% female client base in public development banking

    Ecuador's Superintendencia de Bancos highlighted gender participation in financial services at the Gender Equity Forum, noting near parity with 50% male and 49% female users, and a predominantly female client base in development banking. Superintendent Roberto Romero von Buchwald discussed collaborations with international organizations to enhance financial inclusion, green finance, and ecosystem protection projects for women and youth.

    Policy & regulationCooperationDiversity and inclusion
  • 2026-03-24TürkiyeCapital Markets Board of Türkiye

    Capital Markets Board of Türkiye and Ministry of National Education deliver nationwide financial literacy lesson as first class across schools

    The Capital Markets Board of Türkiye, in collaboration with the Ministry of National Education, launched a financial literacy lesson in all primary and secondary schools to enhance students' awareness and competencies. The initiative is part of broader efforts, including the Financial Literacy Platform and "Cyber World and Financial Traces Project," focusing on digital security and fraud prevention. Over one million participation certificates have been issued through these programmes.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-24ChinaCentral Bank of the Republic of China

    People's Bank of China Governor Pan Gongsheng meets IMF First Deputy Managing Director Dan Katz to discuss economic outlook and cooperation

    People's Bank of China Governor Pan Gongsheng and IMF First Deputy Managing Director Dan Katz discussed China's and the global economic situation, as well as cooperation between China and the International Monetary Fund. Deputy Governor Xuan Changneng was also present at the meeting.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-24ChinaCentral Bank of the Republic of China

    People's Bank of China authorises DBS Group to become Singapore’s second renminbi clearing bank

    The People's Bank of China announced that DBS Group has been authorized as Singapore's second renminbi clearing bank, marking the first time a Singapore-based bank assumes this role. Governor Pan Gongsheng and DBS CEO Tan Su Shan discussed DBS's business expansion in China and broader financial cooperation. The agreement aims to enhance renminbi clearing services and settlement options to bolster China–Singapore trade and investment.

    SupervisionAuthorisations & approvalsCross-border cooperation
  • 2026-03-24ThailandThailand Securities & Exchange Commission

    Thailand Securities & Exchange Commission files criminal complaint over alleged unlicensed digital asset dealer services by Bitazza and FreedomVerse

    The Thailand Securities & Exchange Commission filed a criminal complaint against Bitazza Co., Ltd., Freedomverse Co., Ltd., and three individuals for allegedly operating a digital asset dealer business without a licence under the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018). The SEC claims Bitazza and FreedomVerse offered unlicensed services, including Crypto Dust and Freedom Card, involving digital asset transactions outside a licensed exchange. The case is under investigation, and the SEC advises caution with unlicensed digital asset services due to potential risks.

    EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
  • 2026-03-24EuropeEuropean Central Bank

    European Central Bank working paper finds extreme weather shocks have uneven one-year GDP and inflation effects across Germany, France, Italy and Spain

    The European Central Bank released a working paper analyzing the impact of extreme weather events on economic activity in the four largest euro area economies, using structural Bayesian VAR models. The study finds Germany most vulnerable to temperature extremes, with significant GDP declines, while France experiences positive GDP effects from extreme heat. Spain is most affected by precipitation extremes, with notable GDP reductions, whereas Italy benefits from delayed positive effects.

    ResearchNature-related risk
  • 2026-03-24EuropeEuropean Central Bank

    European Central Bank working paper links housing wealth multiplier to outright homeownership and finds cash-flow channel drives cross-country transmission differences

    The European Central Bank's working paper analyzes how housing wealth and mortgage market structures influence monetary policy transmission to consumption in 20 advanced economies. It highlights significant cross-country differences in consumption and house price responses to monetary policy shocks, with the cash-flow channel being a key driver once housing wealth effects are controlled. It introduces a "housing wealth multiplier" and finds that monetary policy effects are linked to housing and mortgage market characteristics, such as homeownership rates and household debt over GDP.

    ResearchOther
  • 2026-03-24EuropeEuropean Central Bank

    European Central Bank sets digital euro pilot for second half of 2027 and plans standards announcement by summer 2026

    ECB Executive Board member Piero Cipollone informed the European Parliament about the Eurosystem's preparations for a potential digital euro, stressing issuance will follow legislation. The ECB is advancing wholesale market infrastructure, launching Pontes for DLT transactions and planning Appia for digital assets. Four digital euro work strands were outlined: inclusion, innovation, ecosystem integration, and piloting, with a 2027 pilot planned to test payments in a controlled environment.

    Policy & regulationImplementation, projects & pilotsCBDC
  • 2026-03-24EuropeEuropean Central Bank

    European Central Bank weekly financial statement shows total assets down EUR 12,955m to EUR 6,155,306m

    The European Central Bank's weekly financial statement reported a decrease in total assets and liabilities to EUR 6,155,306 million, a reduction of EUR 12,955 million from the previous week. This contraction was primarily due to a decline in securities holdings and reduced liquidity in the deposit facility. Key changes included a EUR 10,747 million drop in securities held for monetary policy purposes and a EUR 45,463 million decrease in the deposit facility, offset by increases in current accounts and banknotes in circulation.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-24CroatiaCroatian Financial Services Supervisory Agency

    Croatian Financial Services Supervisory Agency publishes February 2026 report with mandatory pension fund assets rising to EUR 27.6bn

    The Croatian Financial Services Supervisory Agency's February 2026 report highlights a 2.0% increase in mandatory pension funds' net assets to EUR 27.6bn and a 2.5% rise in UCITS net assets to EUR 4.2bn. The Zagreb Stock Exchange turnover reached EUR 101.7m, despite a drop in market capitalisation to EUR 56.8bn. Insurance premiums for the first two months totaled EUR 327.6m, with non-life premiums dominating at 84.8%.

    SupervisionRisk monitoring & watch pointsOther
  • 2026-03-24SpainBank of Spain

    Bank of Spain publishes 2025 corporate indicators showing non-financial sales up 3.4% and return on assets down to 6.5%

    The Bank of Spain released data from its Central Balance Sheet databases, highlighting a 3.4% increase in net turnover for non-financial corporations in 2025, despite a 0.4% decline in net ordinary results and reduced asset profitability. The energy and petroleum refining sectors significantly impacted these figures, with a 10.4% drop in petroleum refining turnover. Excluding these sectors, sales would have risen 5.2%, and net ordinary results would have increased by 2.7%.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-03-24SpainBank of Spain

    Bank of Spain reports Spain’s net international investment position at -44.8% of GDP in Q4 2025 and gross external debt at 163.6% of GDP

    The Bank of Spain released updated statistics showing Spain's net international investment position at -44.8% of GDP (EUR 755.3bn) in Q4 2025, with gross external debt at 163.6% of GDP (EUR 2,758.5bn). The net lending position was 4% of GDP (EUR 66.6bn) for 2025, driven by a current account surplus of 2.9% of GDP. The deterioration in the investment position was mainly due to negative valuation effects, with net liabilities increasing in portfolio and direct investments.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-24LaosBank of the Lao

    Bank of the Lao hosts newly appointed Asian Development Bank Southeast Asia department head to discuss banking sector cooperation

    The Bank of the Lao reported on a courtesy visit by Zhang Nianshan, newly appointed Head of the Asian Development Bank’s Southeast Asia Department, focused on Laos’s macroeconomic conditions and banking sector cooperation priorities. Discussions covered the rollout and expansion of an ADB cooperation and assistance programme for the Lao People’s Democratic Republic, including technical exchanges and broader monetary and banking collaboration, with an expectation of continued and increased ADB support.

    Policy & regulationCooperationOther
  • 2026-03-24Bosnia and HerzegovinaCentral Bank of Bosnia and Herzegovina

    Central Bank of Bosnia and Herzegovina reports record BAM 5.92 billion current transfer inflows in 2025

    The Central Bank of Bosnia and Herzegovina reported that current transfers reached a record BAM 5.92 billion in 2025, with BAM 4.46 billion from remittances. The increase of BAM 230 million from the previous year was driven by a BAM 290 million rise in remittances, despite a BAM 63 million decline in other transfers. The data highlights the importance of diaspora inflows in supporting household income, foreign exchange reserves, and financial stability.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-24VietnamVietnam State Securities Commission

    Vietnam State Securities Commission opens round I 2026 registration for the securities practitioner certification exam and sets a VND 1,000,000 fee

    The Vietnam State Securities Commission’s Securities Practitioner Certification Examination Council has opened applications for the 2026 certification exam in Ho Chi Minh City, with a fee of VND 1,000,000 per certificate type. The pass threshold is 60% for each exam section, and no re-marking is available for computer-based tests. Results will be published on the Commission’s portal, and further details are available on their website.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-03-24VietnamVietnam State Securities Commission

    Vietnam State Securities Commission instructs eight individuals to pay VND 1,000,000 securities practising certificate fee

    Vietnam's State Securities Commission has issued Notice No. 48/TB-UBCK requiring eight individuals to pay a VND 1,000,000 fee to obtain their securities practising certificates. Payment can be made via bank transfer or in person, with specific transfer details needed. Failure to complete the procedure within one year will result in certificate cancellation.

    SupervisionAuthorisations & approvalsLicensing and supervisory fees
  • 2026-03-24SerbiaNational Bank of Serbia

    National Bank of Serbia governor underscores energy-shock measures and continued cautious monetary policy at IMF EU outlook presentation

    Governor Jorgovanka Tabaković of the National Bank of Serbia emphasized the need for prudent monetary and fiscal policy amid a deteriorating external environment, citing Serbia's measures to counter energy-market shocks. She referenced IMF estimates on oil price impacts and EU productivity potential, highlighting Serbia's strong macroeconomic policies and fiscal position. The speech also introduced IMF officials set to present on global and EU economic assessments.

    Monetary policyMonetary policy assessments & outlooksOther
  • 2026-03-24GreeceBank of Greece

    Bank of Greece reports January 2026 travel services surplus of EUR 234.0 million as travel receipts rise 58.4%

    The Bank of Greece reported a surplus of EUR 234.0 million in Greece’s balance of travel services for January 2026, up from EUR 90.8 million the previous year. This was driven by a 58.4% increase in travel receipts to EUR 473.3 million and a 15.1% rise in travel payments to EUR 239.3 million. The growth in receipts was attributed to higher inbound traveller flows and increased average expenditure per trip.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-24GreeceBank of Greece

    Bank of Greece hosts joint visit by ECB SSM Supervisory Board Chair Claudia Buch and SRB Chair Dominique Laboureix

    The Bank of Greece is hosting Claudia Buch, Chair of the Supervisory Board of the Single Supervisory Mechanism at the European Central Bank, and Dominique Laboureix, Chair of the Single Resolution Board, for discussions on Greek banks and banking supervision. Meetings involve Governor Yannis Stournaras, Deputy Governor Christina Papaconstantinou, senior officials, Greek bank management, and the Hellenic Bank Association, concluding with the Ministry of Economy and Finance.

    SupervisionCooperationCross-border cooperation
  • 2026-03-24GeorgiaNational Bank of Georgia

    National Bank of Georgia highlights 33.3% rise in public corporate bonds outstanding to GEL 2.7 billion in 2025

    Governor Natia Turnava of the National Bank of Georgia highlighted significant growth in Georgia's capital market, with public corporate bonds outstanding reaching GEL 2.7 billion by end-2025. New public corporate bond issuance totalled GEL 1.58 billion, with 66% denominated in GEL, and 79% of new issuance from rated issuers. Turnava also noted strong investor interest in Georgian government bonds, with Eurobond demand exceeding supply by 5.5 times.

    Data & statisticsMarket development
  • 2026-03-24GeorgiaNational Bank of Georgia

    National Bank of Georgia vice-governor highlights bond market reforms prioritising investor protection and retail participation

    The National Bank of Georgia's First Vice-Governor, Ekaterine Mikabadze, highlighted capital market reforms aimed at growing Georgia's bond market and enhancing investor protection at TBC Capital’s International Capital Markets Conference. She emphasized the importance of financial intermediaries in expanding market inclusivity by facilitating retail participation through easier access and reduced transaction costs.

    Policy & regulationReform agendas & prioritiesMarket development
  • 2026-03-24NetherlandsDe Nederlandsche Bank

    De Nederlandsche Bank outlook urges a stronger EU single market and warns Middle East war could raise Dutch inflation and slow growth

    De Nederlandsche Bank's Executive Board published an outlook with its Annual Report 2025, emphasizing the need for a stronger Dutch economy and a resilient European Union amid Middle East conflict risks. The report warns of potential inflation and growth impacts from rising energy prices and calls for structural reforms, including deepening the EU single market and boosting Dutch labour productivity. It advises maintaining fiscal discipline by keeping the budget deficit below 3% of GDP and reconsidering tax schemes if spending cuts are not viable.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-03-24LithuaniaMinistry of Finance (Lithuania)

    Lithuania's Ministry of Finance strengthens national development bank ILTE and sets EUR 6 billion investment mobilisation target

    Lithuania's Ministry of Finance reported on structural reforms at the National Development Bank ILTE, highlighting governance changes and international expert recruitment as key drivers of progress. ILTE is mandated to mobilize EUR 6 billion into the economy over four years, focusing on sectors like defence, energy independence, and infrastructure. The bank's assets and equity saw significant growth in 2025, with plans to issue bonds on international markets by 2027.

    Policy & regulationImplementation, projects & pilotsMarket development
  • 2026-03-24CongoCongo Insurance Regulation and Control Authority

    Congo Insurance Regulation and Control Authority trains Congo Central traffic police on digital motor liability insurance checks and confirms permanent enforcement

    The Congo Insurance Regulation and Control Authority conducted a training session for road traffic police managers in Congo Central province on motor third-party liability insurance and digital verification devices. The session emphasized continuous roadside insurance checks, as mandated by the Insurance Code of 17 March 2015.

    SupervisionCooperationCapacity building
  • 2026-03-24South KoreaBank of Korea

    Bank of Korea reports February 2026 producer prices rose 0.6% month on month and 2.4% year on year

    The Bank of Korea released preliminary February 2026 price statistics showing the Producer Price Index up 0.6% month on month and 2.4% year on year, with broad-based increases across agricultural, manufacturing, utilities and services components. The Domestic Supply Price Index rose 0.5% month on month (1.3% year on year) and the Total Output Price Index increased 0.9% month on month (4.2% year on year), with gains across raw materials, intermediate and final goods and services.

    Data & statisticsEconomic data and developments
  • 2026-03-24GlobalBank for International Settlements

    Bank for International Settlements publishes Basel III monitoring showing slightly higher liquidity ratios and stable capital and leverage for large banks

    The Bank for International Settlements released its latest Basel III monitoring exercise, indicating slight increases in Liquidity Coverage Ratios and Net Stable Funding Ratios for large internationally active banks in the first half of 2025, while risk-based capital and leverage ratios remained stable. The report, based on data as of 30 June 2025, highlights a decrease in Tier 1 minimum required capital for Group 1 banks due to implementation progress. It includes interactive dashboards on cryptoasset exposures and Basel III implementation status.

    ResearchCapital adequacyLiquidity risk
  • 2026-03-24Saudi ArabiaSaudi Arabian Monetary Authority

    Saudi Arabian Monetary Authority issues updated oversight framework for payment systems and their operators

    The Saudi Arabian Monetary Authority (SAMA) has issued an updated "Oversight Framework of the Payment Systems and Their Operators," replacing the previous framework. This revision aligns SAMA's oversight approach with the Law of Payments and Payment Services and clarifies the framework's scope, supervisory methodology, and obligations for payment systems and operators. The updated framework is accessible via SAMA's Rulebook.

    Policy & regulationRules & requirementsPayments and payment systems
  • 2026-03-24MoldovaNational Bank of Moldova

    National Bank of Moldova highlights EBA-alignment and SEPA membership in meeting with Croatia’s Ambassador

    The National Bank of Moldova reported on Governor Anca Dragu’s meeting with Croatia’s Ambassador, discussing Moldova’s European integration and financial sector reforms. The central bank is aligning its regulatory framework with European standards, aiming for completion in 2026, and has joined the Single Euro Payments Area. The meeting also highlighted Moldova’s improved sovereign rating and Croatia’s support for its EU integration.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2026-03-24Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority issues scam alert on fraudulent banking websites and phishing linked to five banks

    The Hong Kong Monetary Authority issued an alert regarding scam-related press releases from The Bank of East Asia, Shanghai Commercial Bank, Chong Hing Bank, Fubon Bank (Hong Kong), and DBS Bank (Hong Kong). The scams involve fraudulent websites, fake internet banking login screens, and phishing emails. The HKMA emphasized that banks will not request sensitive information via SMS, email, or phone and advised affected individuals to contact their bank and report to the Hong Kong Police Force.

    SupervisionAlertsFraud and scams
  • 2026-03-24KyrgyzstanState Service for Regulation and Supervision of Financial Markets

    Kyrgyz Republic's State Service for Regulation and Supervision of Financial Markets discusses deeper cooperation with the Moscow Exchange on exchange infrastructure

    The Kyrgyz Republic's State Service for Regulation and Supervision of Financial Markets met with the International Association of the Exchange and the Moscow Exchange to enhance cooperation. Discussions included modernising exchange infrastructure, improving transparency, risk management, market liquidity, and aligning securities market regulation with international standards. The parties expressed mutual interest in boosting the competitiveness of the Kyrgyz financial market and its international integration.

    Policy & regulationCooperationDomestic cooperation
  • 2026-03-24TaiwanTaiwan Financial Services Commission

    Taiwan Financial Services Commission amends foreign issuer rules to expand corporate bond issuance and shelf registration in Taiwan

    The Taiwan Financial Services Commission has launched the Asia Innovation Capital initiative and amended the Regulations Governing the Offering and Issuance of Securities by Foreign Issuers to broaden foreign participation in Taiwan’s bond market. The reforms expand eligibility for guaranteed structures to issue general corporate bonds and use shelf registration, simplify spin-off procedures, align annual report handling for domestic and foreign companies, and tighten fundraising management and information disclosure for foreign issuers.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision sets Digital Operational Resilience Act priorities on ICT change risk, third-party dependencies and threat-led penetration testing

    The European Central Bank Banking Supervision is using the EU Digital Operational Resilience Act to intensify oversight of banks’ digital and operational resilience, focusing on ICT change management, third-party risk and cyber testing. Expanded incident reporting shows 38% of major incidents in 2025 stemmed from IT change, while rising cloud reliance and delays in contract renegotiations and business continuity planning have heightened scrutiny of third-party risk management. An EU-level framework now oversees 19 critical ICT providers. The ECB will conduct an on-site campaign on ICT third-party risk management and launch a three-year threat-led penetration testing cycle, with over 80 banking groups already notified.

    SupervisionSupervision approach, priorities & toolkitCyber resilienceOperational risk and resilience
  • 2026-03-24New ZealandReserve Bank of New Zealand

    Reserve Bank of New Zealand Governor sets out MPC framework for responding to Iran conflict and flags near term inflation rise

    The Reserve Bank of New Zealand released a speech by Governor Breman on the Middle East conflict's economic impact, predicting higher near-term inflation and weaker growth for New Zealand. The Monetary Policy Committee (MPC) will focus on preventing temporary inflation spikes from becoming persistent, ensuring low and stable inflation over the medium term. Governor Breman also noted potential global financial stability pressures on New Zealand banks, though stress tests show they remain resilient.

    Monetary policyMonetary policy assessments & outlooksGeopolitical riskFinancial stability and systemic risk
  • 2026-03-24South KoreaSouth Korea Financial Supervisory Service

    South Korea Financial Supervisory Service publishes preliminary 2025 results showing foreign bank branches’ net income fell 5.8% to KRW1.6773 trillion

    The South Korea Financial Supervisory Service published preliminary 2025 earnings data for 32 foreign bank branches in Korea, reporting net income of KRW1.6773 trillion, a 5.8% year-on-year decline driven by lower interest income and a swing of securities income into loss, partly offset by higher foreign exchange and derivatives income. The authority noted rising SG&A expenses and loan loss provisions, and will review foreign bank branches’ business strategies and liquidity management, and conduct risk-based inspections focusing on risk factors, internal controls and compliance.

    SupervisionReviews, inspections & stress testsFinancial and market indicatorsSupervisory data
  • 2026-03-24AsiaASEAN

    Philippines Securities and Exchange Commission to host 44th ASEAN Capital Markets Forum Chairs’ Meeting to advance regional integration and enforcement

    The Philippines Securities and Exchange Commission will host the 44th ASEAN Capital Markets Forum Chairs’ Meeting on March 26 in Boracay, focusing on regional capital markets initiatives like market connectivity, sustainable finance, corporate governance, and digital assets. The meeting will emphasize integration, inclusivity, and enforcement, aligned with the ACMF Action Plan 2026 to 2030. Key initiatives include establishing an ASEAN Knowledge Network, publishing a Code of Conduct for Sustainable Finance, and promoting ASEAN as an asset class.

    Policy & regulationCooperationMarket developmentClimate risk and sustainable finance
  • 2026-03-24United KingdomBank of England

    Bank of England's Prudential Regulation Authority fines Bank of London Group and Oplyse Holdings GBP 2 million for misleading capital position

    The Bank of England's Prudential Regulation Authority (PRA) fined The Bank of London Group Limited and its parent, Oplyse Holdings Limited, GBP 2 million for misleading the PRA about their capital positions and other regulatory failures. The misconduct, occurring between October 2021 and May 2024, included non-compliance with capital requirements, misstatements, and imprudent conduct. The fine was reduced from GBP 12 million due to financial hardship concerns.

    EnforcementInvestigations & enforcement actionsCapital adequacyPrudential risks
  • 2026-03-24RussiaCentral Bank of Russia

    Central Bank of Russia finds insider information misuse by investment consultant and orders suspension of related brokerage account trading

    The Central Bank of Russia found that investment consultant Ilya Skorikov misused real-time customer order information from a Russian bank to trade a number of shares on Moscow Exchange through his wife’s brokerage account. The regulator imposed administrative liability, ordered him to stop similar conduct, and instructed market participants and trading organisers to suspend transactions on both related brokerage accounts.

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2026-03-24KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo Governor presents Kosovo’s euroised-economy stability approach at North Macedonia central banking conference

    Governor Ahmet Ismaili of the Central Bank of the Republic of Kosovo highlighted Kosovo's coordinated policy mix for stability in a euroised economy at an international conference. He emphasized a proactive macroprudential framework, targeted fiscal measures, and strong regulation to counter external shocks. The banking sector is stable, well-capitalized, and supported by a European Central Bank liquidity line, with ongoing efforts to enhance crisis preparedness.

    Monetary policyMonetary policy framework & strategyCross-border cooperationFinancial stability and systemic risk
  • 2026-03-24AustriaAustria Financial Market Authority

    Austria Financial Market Authority names Mariana Kühnel as Austria’s representative on EIOPA’s Board of Supervisors

    The Austria Financial Market Authority announced that Executive Board member Mariana Kühnel will replace Peter Braumüller on the Board of Supervisors of the European Insurance and Occupational Pensions Authority. Kühnel aims to simplify and enhance supervisory efficiency by focusing on essential reporting and intelligent data use. The FMA also highlighted its broader involvement in the European System of Financial Supervision.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-24ItalyItalian Institute for Insurance Supervision (IVASS)

    Italian Institute for Insurance Supervision publishes 2024 motor and boating liability litigation bulletin showing pending cases down 12.7% and EUR 4.5bn reserves

    The Italian Institute for Insurance Supervision (IVASS) reported a 12.7% decline in pending motor third-party liability and boating liability cases in 2024, totaling 175,223. Reserves for pending cases reached EUR 4.5 billion, with IVASS-supervised insurers holding 93.8% of these reserves and demonstrating higher average reserves per case than non-supervised foreign insurers. The clearance rate for civil proceedings was 30.3%, with settlements accounting for 44.6% of closed cases.

    Data & statisticsComplaints and dispute resolution
  • 2026-03-24SwitzerlandSwiss National Bank

    Swiss National Bank reports Switzerland’s 2025 current account surplus fell to CHF 62 billion and net international investment position to CHF 966 billion

    The Swiss National Bank released Switzerland's 2025 balance of payments and international investment position statistics, revealing a CHF 15 billion decline in the current account surplus to CHF 62 billion and a CHF 66 billion drop in the net international investment position to CHF 966 billion. The decrease was primarily due to non-monetary gold trading, with higher expenses outweighing receipts, and valuation losses on US dollar-related assets. For Q4 2025, the current account surplus fell by CHF 17 billion year-on-year to CHF 7 billion, influenced by gold trading and increased services expenses.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-24IrelandCentral Bank of Ireland

    Central Bank of Ireland brings modernised Consumer Protection Code into force with new rules on mortgage switching, fraud and insurance renewals

    The Central Bank of Ireland has implemented a modernised Consumer Protection Code, enhancing conduct obligations for financial service providers in banking, insurance, borrowing, and investing. The Code mandates clear communication, product suitability, and includes measures for mortgage switching, fraud prevention, and digital service accessibility. It also consolidates the Code of Conduct on Mortgage Arrears and extends protections to small businesses with turnover under EUR 5 million.

    Policy & regulationRules & requirementsConsumer and investor protection
  • 2026-03-24EuropeEuropean Banking Authority

    European Banking Authority launches call for papers for its 2026 Policy Research Workshop on efficient and proportionate regulation

    The European Banking Authority has announced a call for papers for its 15th Policy Research Workshop on "Efficient and Proportionate Regulation for a Competitive Financial Sector," scheduled for November 2026 in Paris. The workshop seeks empirical research on regulatory efficiency, competitiveness, and resilience, covering topics like digital interlinkages, crypto-bank transmission, and AI/ML adoption. It also invites submissions on ESG risk integration and regulatory designs for market harmonisation and supervisory convergence.

    Policy & regulationImplementation, projects & pilotsRegulatory burdenPrudential risks
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision highlights data gaps and concentration risk from banks’ links to private credit funds and other NBFIs

    Patrick Montagner of European Central Bank Banking Supervision highlights in Eurofi Magazine that the rise of non-bank credit has increased interconnections with banks, creating opaque risk channels. The ECB's 2024 review reveals banks struggle to identify transactions with private credit funds, risking underestimation of concentration risk. Montagner calls for improved data sharing, coordination, and a stronger macroprudential framework for non-bank financial institutions (NBFIs).

    SupervisionRisk monitoring & watch pointsCredit riskFinancial stability and systemic risk
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision outlines how it balances Single Rulebook harmonisation with proportionality and bank diversity

    Patrick Montagner of the European Central Bank (ECB) outlined in Eurofi magazine how ECB Banking Supervision aims to balance a harmonised supervisory framework with proportional application, considering banks' size, business model, and ownership. He highlighted the risks of size-based frameworks, such as cliff effects and regulatory arbitrage, and emphasized the need for continuous risk assessment and robust governance across all banks. The ECB's focus includes upgrading information systems to enhance efficiency, cybersecurity, and digital services, impacting the banking landscape.

    SupervisionSupervision approach, priorities & toolkitSupervision process and methodologies
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank's Banking Supervision outlines supervision simplification reforms including a two-week fast-track for low-risk own funds approvals

    The European Central Bank's Banking Supervision, via Supervisory Board member Patrick Montagner, outlined a strategy to enhance supervisory efficiency and risk-based approaches without compromising prudential standards. The reform agenda emphasizes technology use, a shared supervisory culture, and streamlined processes, including digital fit-and-proper procedures and fast-track approvals for low-risk transactions. The initiative aims to support EU integration and competitiveness by fostering a coherent supervisory framework.

    SupervisionSupervision approach, priorities & toolkitOther
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision publishes analysis on physical climate risks and the limits of insurance-based mitigation

    The European Central Bank Banking Supervision published an article by Supervisory Board member Patrick Montagner on the impact of physical climate risks on banks, emphasizing the need for banks to manage exposures beyond relying on insurance. The ECB's findings reveal that physical risk management is less advanced than transition risk management, with significant gaps in exposure identification and integration into credit decisions. Only about a quarter of climate-related losses in the EU are insured, with ECB planning further analysis under its 2026-28 supervisory priorities.

    SupervisionRisk monitoring & watch pointsClimate risk and sustainable finance
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision implements an eight-day fast-track process for simple securitisations and reiterates close monitoring of synthetic risk transfers

    In a keynote speech, Pedro Machado of the ECB Banking Supervision outlined the supervisory stance on synthetic risk transfers for bank capital relief, emphasizing genuine risk transfer, transparency, and scrutiny amid growing issuance. He noted the fast-track supervisory process for simple securitisations, reducing the ECB's assessment period to eight working days. Machado highlighted rapid market growth and potential financial stability issues, including disclosure gaps and procyclicality, while the ECB surveys banks on synthetic risk transfer practices.

    SupervisionSupervision approach, priorities & toolkitSecuritization
  • 2026-03-24South AfricaSouth African Reserve Bank

    South African Reserve Bank reports composite leading business cycle indicator up 0.4% in January 2026

    The South African Reserve Bank reported a 0.4% increase in the composite leading indicator to 118.2 in January 2026, driven by higher export commodity prices and improved business confidence. The composite coincident indicator fell by 0.2% in December 2025 due to lower industrial production and trade sales. The composite lagging indicator rose by 0.1% to 105.8.

    Data & statisticsEconomic data and developments
  • 2026-03-24Hong KongHong Kong Securities & Futures Commission

    Hong Kong Securities and Futures Commission bans former Thunder Capital representative Lui Pak Tong for life and fines him HKD 17.43 million for misconduct

    The Hong Kong Securities and Futures Commission has permanently banned Mr. Lui Pak Tong from the industry and fined him HKD 17.43 million for misconduct. Lui was found to have caused a fund managed by Thunder Capital Limited to make unsecured loans to a company he controlled, without disclosing conflicts of interest, and misappropriated loan proceeds. The SFC deemed his actions wilful and dishonest, violating the Code of Conduct and the Fund Manager Code of Conduct.

    EnforcementSanctions & designationsCorporate governance
  • 2026-03-24Hong KongFinancial Services and the Treasury Bureau (Hong Kong)

    Hong Kong's Financial Services and the Treasury Bureau concludes Wealth for Good in Hong Kong Summit 2026 with over 400 global family office leaders

    Hong Kong's Financial Services and the Treasury Bureau, with Invest Hong Kong, concluded the fourth Wealth for Good in Hong Kong Summit, focusing on multi-generational succession and sustained wealth growth. The Summit highlighted Hong Kong's strengths for family offices, including legal clarity, a common law system, and an open economy. The event also featured the Hong Kong Academy for Wealth Legacy's Impact Link initiative and discussions on expanding into new markets like gold and commodity trading.

    Other
  • 2026-03-24EuropeEuropean Central Bank

    European Central Bank research models green supply chain decoupling cutting green trade up to 20% and raising emissions by about 50 million tonnes a year

    The European Central Bank introduced a methodology for inter-country input-output tables distinguishing green products, assessing vulnerabilities in green value chains. A simulated trade cessation between a US-centric West and a China-centric East predicts a 20% drop in global green product trade, a 3% welfare decline, and a 50 million tonne rise in annual global greenhouse gas emissions. The study highlights significant impacts on green chemicals and renewable energy equipment, with larger welfare losses in the China-centric bloc.

    ResearchClimate risk and sustainable financeGreen taxonomy
  • 2026-03-24PhilippinesPhilippine Securities and Exchange Commission

    Philippine Securities and Exchange Commission and partner agencies reiterate data privacy and debt collection rules for online lenders

    The Philippine Securities and Exchange Commission and partner agencies reminded online lenders to comply with borrower data privacy and fair debt collection rules following reports of abusive practices. Platforms must not access contact lists or approach people who are not guarantors, and breaches may lead to fines, suspension or revocation of operating authority.

    Policy & regulationGuidance & interpretationData protectionLendingConsumer and investor protection
  • 2026-03-24Puerto RicoOffice of the Commissioner of Financial Institutions of Puerto Rico

    Office of the Commissioner of Financial Institutions of Puerto Rico publishes an updated log of public information requests and response dates under Law No. 141-2019

    The Office of the Commissioner of Financial Institutions of Puerto Rico published its monthly public information report under Law No. 141-2019, detailing public-records requests and OCIF’s response dates. Requests cover supervisory and licensing matters, enforcement and bank liquidation materials for named institutions, and recurring sector data such as moratoria statistics, mortgage delinquency and foreclosure reports, and audited financial statements.

    Data & statisticsLicensing framework and process
  • 2026-03-24ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission receives Excellent rating in corruption risk assessment for fiscal year B.E. 2568

    The Thailand Office of Insurance Commission received an "Excellent" rating in the fiscal year B.E. 2568 corruption risk assessment under the Corruption Risk Management Systems framework. The assessment focused on corruption risks in budget spending, particularly a procurement project for outsourced software licensing. This initiative aims to enhance internal governance by improving transparency, auditability, and controls.

    Institutional developmentGovernanceOther
  • 2026-03-24ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission rolls out Insured Restaurant and Café embedded insurance programme in Chonburi

    Thailand’s Office of Insurance Commission (OIC) has expanded its "Insured Restaurant and Café" initiative to Chonburi, following its launch in Bangkok, to enhance safety standards and provide automatic consumer protection through embedded insurance. The initiative offers immediate coverage to customers at participating venues with a low premium of 0.1% of the coverage limit. OIC plans to extend the program to Chiang Mai, Phuket, and Khon Kaen, incorporating knowledge sessions and business matching.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-24North MacedoniaMinistry of Finance (North Macedonia)

    National Bank Leaves Policy Rate Unchanged at 4%

    North Macedonia’s National Bank left the policy rate unchanged at 4% on 24 March 2026, citing decelerating inflation but exceptionally heightened uncertainty from the Middle East conflict and its potential effects on energy prices, inflation and growth, and said it will offer MKD 36 billion at the 25 March central bank bill auction. Annual inflation slowed to 2.9% in February and foreign reserves stood at EUR 5,558 million at end-February, while the central bank said it remains ready to use all available instruments to preserve denar stability against the euro and ensure medium-term price stability.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-03-24AndorraAndorran Financial Authority

    Andorran Financial Authority reports Fitch Ratings affirmation of Andorra at A- with stable outlook

    The Andorran Financial Authority announced that Fitch Ratings has affirmed Andorra’s long-term sovereign debt rating at A- with a stable outlook, citing strong economic and institutional fundamentals. Fitch noted high GDP per capita, strong governance, prudent fiscal policy, and a resilient banking sector. The stable outlook reflects expectations of continued prudent economic policy and fiscal surpluses.

    ResearchCredit ratings
  • 2026-03-24South KoreaSouth Korea Financial Supervisory Service

    South Korea Financial Supervisory Service publishes 2025 preliminary results showing foreign bank branch net income fell 5.8% to KRW 1.68 trillion

    South Korea's Financial Supervisory Service reported a 5.8% decline in 2025 net income for 32 foreign bank branches, excluding UBS Seoul, to KRW 1.6773 trillion. Interest income fell 4.7% due to higher funding costs, while non-interest income decreased 2.0% amid losses in securities income. The FSS plans regular reviews and risk-based inspections of foreign bank branches' strategies and compliance.

    SupervisionReviews, inspections & stress testsFinancial and market indicatorsSupervisory data
  • 2026-03-24EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision asks banks to design geopolitical stress scenarios that deplete capital by 300 basis points

    Claudia Buch, Chair of the Supervisory Board of the European Central Bank, emphasized the focus on strengthening banks' resilience to geopolitical risks and implementing the Basel III framework consistently. She highlighted a shift in stress-testing, requiring banks to define scenarios leading to a 300 basis point capital depletion. Buch noted improvements in euro area and Greek banks' non-performing loans but warned of potential reversals due to economic challenges.

    SupervisionSupervision approach, priorities & toolkitGeopolitical riskFinancial stability and systemic risk