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2026-03-09•United States•National Futures Association
The US National Futures Association has permanently barred Commodity Asset Management LLC from reapplying for membership and acting as a principal of an NFA Member. Jonathan Mark Tulkoff, a former associated person and principal, is barred for nine months and fined USD 100,000, with conditions for future reapplication. The enforcement action follows a complaint regarding non-compliant promotional material and conduct violations.
EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activity
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2026-03-09•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario has initiated enforcement action against Jennifer Iachelli and Nicole Geldart for alleged contraventions related to mortgage dealings. Proposed penalties include CAD 50,000 for Iachelli and CAD 55,000 for Geldart, with additional conditions on Geldart’s licence. Both individuals have requested hearings before the Financial Services Tribunal.
EnforcementInvestigations & enforcement actionsFraud and scams
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2026-03-09•United States•U.S. Securities & Exchange Commission
At the SEC's 45th Annual Small Business Forum, Chair Paul S. Atkins outlined priorities to enhance small business capital formation, including addressing capital-raising barriers and easing IPO paths for smaller companies. He highlighted venture capital concentration and suggested scaling disclosure requirements by company size and maturity, building on the JOBS Act "IPO on-ramp." Atkins also proposed holding future forums outside Washington, DC.
Policy & regulationReform agendas & prioritiesSME financing
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2026-03-09•United States•U.S. Securities & Exchange Commission
U.S. SEC Commissioner Hester M. Peirce, at the 45th Annual Small Business Forum, highlighted potential simplifications in capital raising and compliance for smaller companies. Suggestions included a "micro-offering" exemption for early-stage fundraising, a regulatory framework for "finders," and amendments to the Investment Company Act for venture capital funds. Peirce also proposed reducing mandatory quarterly reporting for smaller public companies and streamlining Regulation S-K.
Policy & regulationReform agendas & prioritiesSME financing
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2026-03-09•Barbados•Central Bank of Barbados
The Central Bank of Barbados has launched its annual Balance of Payments Survey to gather data from Barbados-resident businesses on international financial transactions. The survey aims to compile BOP statistics to enhance understanding of the foreign exchange market and foreign reserve accumulation, supporting the country's fixed exchange rate and economic policy. Non-compliance can result in a $10,000 fine under the Central Bank of Barbados Act, 2020.
Data & statisticsBalance of payments and other external statistics
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2026-03-09•Liechtenstein•Liechtenstein Financial Market Authority
The Liechtenstein Financial Market Authority warned investors about offers to buy and hold physical precious metals, urging caution due to recent geopolitical price increases. Selling and safekeeping these metals don't require an FMA licence, so providers aren't under FMA supervision. The authority advises scrutinizing custodians' security and contractual terms, highlighting risks of total loss if providers aren't creditworthy, while noting that compliance with due diligence law remains unaffected for cash payments of CHF 10,000 or more.
SupervisionAlertsOther
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2026-03-09•Jersey•Financial Services Unit (Jersey)
Jersey’s Financial Services Unit announced enhancements to the Jersey Bank Depositors Compensation Scheme, effective 1 April 2026, to expedite payouts to eligible depositors within seven working days and remove the GBP 100 million cap on total compensation. The scheme's administration will transfer to the newly named Jersey Resolution and Depositors Compensation Authority. A review of the scheme's scope, including the GBP 50,000 per person compensation limit, is planned for 2027.
Policy & regulationRules & requirementsRecovery and resolution
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2026-03-09•West Africa•Central Bank of West African States
The Central Bank of West African States has publicly denied the authenticity of digital content circulating online that falsely attributes comments to its Governor, Jean-Claude Kassi Brou. The bank emphasized that the remarks are unfounded and urged the public to rely only on official communications. It also reserves the right to take action against those responsible for the fraudulent content.
SupervisionAlertsOther
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2026-03-09•China•Central Bank of the Republic of China
At the "Asia 2050" conference, People's Bank of China Vice Governor Xuan Changneng highlighted challenges for Asian central banks, emphasizing the need for enhanced economic resilience and improved monetary policy frameworks. He noted China's steady growth, stable employment, and ongoing infrastructure upgrades, while reiterating the PBOC's commitment to a moderately loose monetary policy focused on price-based tools and potential liquidity support for non-bank institutions.
Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developmentsFinancial stability and systemic risk
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2026-03-09•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines reported a 9.3% year-on-year growth in outstanding loans of universal and commercial banks in January 2026, down from 9.6% in December 2025. Loans to residents increased by 9.9%, while loans to non-residents decreased by 10.4%. The central bank emphasized its commitment to monitoring bank lending to ensure alignment with its monetary policy and stability mandates.
Data & statisticsMonetary data
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2026-03-09•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines reported an 8.6% year-on-year increase in domestic liquidity (M3) to PHP 19.7 trillion in January, up from a 7.2% rise in December. Claims on the domestic sector grew 10.0%, with private sector claims up 10.6% due to expanded bank lending. The central bank emphasized its commitment to maintaining liquidity conditions aligned with price and financial stability goals.
Data & statisticsMonetary data
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2026-03-09•Libya•Central Bank of Libya
The Central Bank of Libya invited commercial banks to subscribe to Issue No. 8-2026 of unrestricted Mudaraba Deposit Certificates. The offer follows the procedures and controls used in earlier issuances and the tenors and maturity dates in the subscription announcement.
Policy & regulationImplementation, projects & pilotsOther
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2026-03-09•Libya•Central Bank of Libya
The Central Bank of Libya said it held an expanded meeting with the National Oil Corporation to strengthen coordination on financing, sector stability and higher oil production. The discussions covered resources for production growth, financial facilities for strategic projects and ensuring oil revenues flow smoothly into the Ministry of Finance's accounts at the central bank.
Policy & regulationCooperationOther
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2026-03-09•Kenya•Kenya Capital Markets Authority
The Kenya Capital Markets Authority has signed an MoU with Afri Fund Capital to promote capital market funding for infrastructure projects, including those in the LAPSSET corridor. The partnership will focus on developing infrastructure, green and collective investment products and on structuring them with safeguards on disclosure, governance and investor protection.
Policy & regulationCooperationMarket developmentClimate risk and sustainable finance
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2026-03-09•France•Bank of France
The Bank of France announced senior appointments, naming Ivan Odonnat as Director General for Financial Stability and Operations and Alexandre Gautier as head of the overseas issuing institutes, IEDOM-IEOM. Odonnat previously led IEDOM-IEOM and has extensive experience in financial stability and operational risk. Gautier, formerly Deputy Director General of DGSO, will join the Bank of France management committee.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-03-09•Colombia•Central Bank of Colombia
The Central Bank of Colombia's Regional Economic Bulletin for the Central Cafetera region reported slower economic expansion in Q4 2025, with easing inflation and lower unemployment. Vehicle registrations, imports, and freight transport moderated, while agricultural output rose despite declines in rice and coffee harvests. Construction activity increased, particularly in residential projects, and employment rose except in Ibagué and Armenia.
Data & statisticsOther
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2026-03-09•Colombia•Central Bank of Colombia
The Central Bank of Colombia's Regional Economic Bulletin for Noroccidente reported year-on-year economic expansion in Q4 2025, albeit with reduced momentum. Domestic demand and consumer confidence bolstered commerce and industry, despite a slowdown in overall activity, rising unemployment, and inflation above target. Antioquia's industrial output and retail sales surpassed national growth, driven by new orders and improved logistics, while employment growth was mainly in non-salaried positions due to limited capacity for new workers.
Data & statisticsOther
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2026-03-09•Colombia•Central Bank of Colombia
The Central Bank of Colombia's Regional Economic Bulletin for Bogotá–Cundinamarca Q4 2025 highlights positive year-on-year performance driven by strong domestic demand. Inflation in Bogotá eased but remained above the national average, while unemployment and informality declined. Real retail sales and manufacturing outperformed the national average, with notable growth in food, beverages, and hybrid vehicle sales, supported by higher incomes and better credit conditions.
Data & statisticsOther
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2026-03-09•Colombia•Central Bank of Colombia
The Central Bank of Colombia released its Regional Economic Bulletin for Suroriente for Q4 2025, highlighting mixed economic conditions. Oil and agriculture sectors contracted, while household spending and livestock activity increased. Construction showed a rebound in licensed area, but built area declined, and Villavicencio experienced decreased unemployment but increased informality and inflation.
Data & statisticsOther
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2026-03-09•France•France Autorite des marches financiers
France's Financial Markets Authority released a study analyzing the evolution of market participants' investment behavior in the French equity market from 2019 to 2024. The study covers asset managers, banks, issuers, and retail investors.
SupervisionRisk monitoring & watch pointsMarket development
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2026-03-09•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senators, led by Elizabeth Warren, introduced the FCPA Reinforcement Act to strengthen the Foreign Corrupt Practices Act by extending the statute of limitations for criminal violations from five to ten years. The bill responds to reduced enforcement activity linked to the Trump Administration's narrowing of FCPA enforcement. The extended limitations period would sunset eight years after enactment if not renewed.
Policy & regulationRules & requirementsBribery and corruption
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2026-03-09•Global•International Monetary Fund
The International Monetary Fund (IMF) concluded its 2026 Article IV mission to Andorra, highlighting robust growth and fiscal outcomes but noting vulnerabilities from a large banking sector and medium-term pressures like ageing and low productivity. Real GDP growth is estimated at 2.9% for 2025, slowing to 2.3% in 2026. The IMF emphasizes the need for close supervision of the banking sector and preparations for Andorra's first Financial Sector Assessment Program in 2026.
ResearchEconomic data and developments
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2026-03-09•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario (FSRA) issued a warning against Dianne Van Rossum, who is not licensed to conduct mortgage brokering in Ontario. Van Rossum has been soliciting mortgage business and accepting funds without processing mortgages, posing heightened risks to consumers. FSRA advises verifying licensing status through the public registry and contacting police if fraud is suspected.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-03-09•United States•Commodity Futures Trading Commission
The Commodity Futures Trading Commission has appointed Marc H. Sielski as executive director, overseeing administrative operations to support the agency's mission. Chairman Selig acknowledged John Einstman's service as acting executive director and noted his continued role at the Commission.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-03-09•Netherlands•Dutch Authority for the Financial Markets
The Dutch Authority for the Financial Markets (AFM) reviewed six public-interest entity audit firms' implementation of the Netherlands Institute of Chartered Accountants' measures on "appropriate remuneration." While most measures are in place, the AFM recommends enhancing audit quality's role in remuneration policies, increasing transparency, and strengthening supervisory board involvement. The AFM expects firms to align their policies with these recommendations.
SupervisionReviews, inspections & stress testsAuditing
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2026-03-09•Ireland•Central Bank of Ireland
The Central Bank of Ireland's Deputy Governor McMunn emphasized an outcomes-focused approach to regulation, aligning with the Bank's four Safeguarding Outcomes. Key priorities include resilience to geopolitical risks, consumer and investor protection, technology-driven change, and environmental transitions. The Bank aims to simplify regulatory processes while maintaining standards, enhancing stakeholder engagement, and utilizing a comprehensive supervisory toolkit.
Policy & regulationReform agendas & prioritiesRegulatory burden
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2026-03-09•Armenia•Central Bank of Armenia
The Central Bank of Armenia released its 2025 Sustainability Report, highlighting efforts to integrate sustainable finance into the financial sector. The report details the bank's sustainability initiatives, international collaborations, and the availability of sustainable products in the private sector, emphasizing the importance of environmental, social, and governance considerations in managing ESG and climate-related risks.
Data & statisticsClimate risk and sustainable finance
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2026-03-09•Global•Bank for International Settlements
The Bank for International Settlements released a working paper examining the impact of robot adoption and ICT investment on employment across 20 EU countries from 1995 to 2020. The study finds automation's effects are context-dependent, with employment growth varying based on initial robot use and ICT investment levels. In sectors without initial robot use, increased robot adoption and ICT investment boost employment, while in sectors with existing robots, high robot and ICT investment may lead to weaker employment growth.
ResearchArtificial intelligence
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2026-03-09•India•Insurance Regulatory and Development Authority of India
The Insurance Regulatory and Development Authority of India approved registration for Allianz Jio Reinsurance Limited and Kiwi General Insurance Limited, allowing them to operate under the current regulatory framework. The Authority also granted in-principle approval to draft regulations aligning with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, which amends the Insurance Act, 1938, and the IRDA Act, 1999.
SupervisionAuthorisations & approvalsLicence approval
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2026-03-09•Slovakia•National Bank of Slovakia
The National Bank of Slovakia's 2025 report on euro counterfeits noted 2,389 counterfeit banknotes and 2,812 counterfeit coins, with banknote counterfeits up 28.6% from 2024 and coin counterfeits down 9.7%. Despite these changes, the overall counterfeit levels remain stable and low compared to other euro area countries. The report also introduced public guidance on counterfeit detection and a new e-learning course, "Spoznaj euro."
Data & statisticsCurrency and cash management
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2026-03-09•Isle of Man•Isle of Man Financial Services Authority
The Isle of Man Financial Services Authority warned about fraudulent emails and documents falsely claiming to be from an Authority Board member, using an email ending “@atomicmail.io”. The scam involves a fake “recovery” offer targeting bank guarantee fraud victims, demanding fees to “re-activate” accounts. The Authority emphasized it does not contact the public directly or request payments, warning of risks like financial loss and identity theft.
SupervisionAlertsFraud and scams
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2026-03-09•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Mortgage Corporation Limited (HKMC) has enhanced its Reverse Mortgage Programme (RMP) by reducing the fixed-rate mortgage plan interest rate to 4% per annum for the first 30 years and increasing monthly payouts by up to 5%. Supported by HKMC's HKD 2 billion social bond issuance, the enhancements include a Green Promotion offering cash incentives for properties with a "BEAM Plus" rating across the RMP, Mortgage Insurance Programme (MIP), and Fixed Rate Mortgage Scheme.
Policy & regulationImplementation, projects & pilotsGreen taxonomyESG
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2026-03-09•United Kingdom•The Pensions Regulator
The Pensions Regulator (TPR) issued guidance for trustees of defined contribution master trusts to assess growth potential and operational readiness due to upcoming "scale" requirements in the Pension Schemes Bill. Trustees should evaluate their ability to meet the GBP 25 billion asset threshold by 2030, considering growth options and governance alignment. TPR emphasizes evidence-based decision-making for employers and advisers transitioning pension schemes, focusing on member outcomes.
Policy & regulationGuidance & interpretation
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2026-03-09•Malaysia•Malaysia Securities Commission
The Malaysia Securities Commission has launched the Capital Market Masterplan 2026–2030, aiming for the capital market to outpace GDP growth with a 6–8% annual increase, reaching RM5.8–6.3 trillion by 2030. The plan aligns with national frameworks and focuses on vibrancy, inclusivity, sustainability, and regional opportunities, enhancing market valuations, trading activity, and issuer access. A Steering Committee will oversee implementation and accountability.
Policy & regulationReform agendas & prioritiesMarket development
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2026-03-09•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority issued a scam alert about bank-related scams involving fraudulent websites, phishing emails, and fake internet banking login screens. The alert highlights scams linked to The Hongkong and Shanghai Banking Corporation Limited and China Construction Bank (Asia) Corporation Limited. The HKMA advises the public to avoid sharing sensitive information via SMS, email, or phone and to report incidents to the relevant bank and Hong Kong Police Force.
SupervisionAlertsFraud and scams
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2026-03-09•Europe•European Banking Federation
The European Banking Federation and UNEP FI stressed the need for stronger incentives, stable demand signals, and regulatory clarity to finance the EU Sustainable Transport Investment Plan for aviation and maritime decarbonisation. The plan aims to mobilise EUR 2.9 billion by 2027, but achieving fuel targets requires around EUR 100 billion by 2035. The publication suggests blended financing solutions and expanded guarantees to bridge cost gaps and emphasizes the importance of supportive cross-sector EU regulation.
Policy & regulationGuidance & interpretationClimate risk and sustainable finance
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2026-03-09•Europe•Authority for Anti-Money Laundering and Countering the Financing of Terrorism
The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) will hold a public hearing on 24 March 2026 to discuss two draft regulatory technical standards under Regulation (EU) 2024/1624. The first session will address criteria for identifying business relationships and transactions, while the second will focus on applying customer due diligence requirements.
Policy & regulationRules & requirementsAML and CFT
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2026-03-09•Bolivia•Ministry of Finance (Bolivia)
Bolivia's Ministry of Finance appointed José Horacio Valencia Rivamontan as Vice Minister of Pensions and Financial Services, succeeding Gustavo Blacutt Alcalá. The appointment aims to enhance stability, transparency, and the resilience of Bolivia’s pension and financial systems. Valencia emphasized a technical management approach aligned with international best practices and improved coordination across state entities.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-03-09•Croatia•Croatian Financial Services Supervisory Agency
The Croatian Financial Services Supervisory Agency's President, Ante Žigman, emphasized at a Malta conference that AI does not alter firms' business responsibilities and should be managed as a new operational risk. He highlighted the importance of senior management addressing AI-related risks and aligning with the European Union Artificial Intelligence Act's control rules. Žigman also stressed the need for defined procedures and enhanced monitoring of AI within firms' risk management frameworks.
Policy & regulationGuidance & interpretationArtificial intelligenceOperational risk and resilience
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2026-03-09•Macao•Monetary Authority of Macao
The Monetary Authority of Macao held an industry briefing on the Government Guidance Fund, outlining its creation, governance, investment remit and operating rules to channel private capital into priority sectors and support economic diversification. Discussions with over 200 government and financial sector representatives covered capital contribution structures, income distribution, custodian arrangements, licensing of fund managers and investment supervision. Authorities emphasised a “government guidance and market-based operation” and “patient capital” approach to support coordinated development between Macao, Hengqin and the Guangdong-Hong Kong-Macao Greater Bay Area.
Policy & regulationImplementation, projects & pilotsMarket development
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2026-03-09•Pakistan•State Bank of Pakistan
State Bank of Pakistan’s Monetary Policy Committee on 9 March 2026 left the policy rate unchanged at 10.5 %, pausing after 150 bp of cuts since May 2025 to protect price stability as the Middle-East war drives energy and freight costs and February inflation reached 7 % y/y. The MPC sees inflation remaining above 7 % through FY26, maintained its 3.75–4.75 % growth outlook, noted reserves have risen to USD 16.3 bn toward a USD 18 bn June target, and signalled it is ready to act if price or stability risks intensify.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-03-09•Comoros•Central Bank of Comoros
The Central Bank of Comoros has opened recruitment for permanent senior and mid-level positions for economists, IT specialists, and auditors or finance professionals. The roles are based in Moroni and or the bank's Mohéli and Anjouan agencies, with eligibility limited to Comorian nationals aged 22 to 40. Applications close on 23 March 2026.
Institutional developmentWorkforce & recruitmentHiring and recruitment
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2026-03-09•Slovenia•Central Bank of Slovenia
The Central Bank of Slovenia's Survey on Access to Finance of Enterprises indicates firms reported favorable access to financing in 2025, with expectations for improvement in 2026. While production costs, foreign demand, and supply chains emerged as key constraints, firms primarily relied on internal funds for investment. Legislation, bureaucracy, and taxes were identified as main barriers, whereas government support and EU funding were seen as supportive factors.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-03-09•Georgia•National Bank of Georgia
Governor Natia Turnava of the National Bank of Georgia emphasized consumer protection at the IV International Consumer Protection Week, focusing on payment service providers and the Dispute Resolution Commission's efforts. Since 2025, providers must address consumer claims within set timeframes and report monthly to the central bank. The commission has resolved 80% of cases in favor of consumers, reimbursing over GEL 400,000.
Policy & regulationImplementation, projects & pilotsConsumer and investor protection
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2026-03-09•India•India International Financial Services Centres Authority
The India International Financial Services Centres Authority has concluded 14 Open House sessions with over 230 regulated entities to clarify compliance requirements under the Special Economic Zone framework in GIFT IFSC and address operational challenges. Discussions focused on procedural and documentation requirements, approval timelines, reporting obligations, and cross-regulatory issues, and identified areas for potential procedural rationalisation as the Administrator exercises Development Commissioner powers under the Special Economic Zone Act, 2005.
Policy & regulationGuidance & interpretationOther
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2026-03-09•Argentina•Central Bank of Argentina
The Central Bank of Argentina published Vice President Vladimir Werning’s stabilisation programme to reduce external vulnerability by boosting domestic saving for private investment. Measures include eliminating the fiscal deficit, adopting exchange rate flexibility, accumulating reserves, prioritising foreign direct investment, and meeting contracts and net debt payments to lower country risk. The agenda also calls for restoring price stability, ending “financial repression” through positive real returns and freer markets, enabling currency competition in ARS and USD, and developing capital markets and banking.
Policy & regulationReform agendas & prioritiesMonetary policy decisions and developments
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2026-03-09•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority (FCA) released findings on firms' adherence to the Consumer Duty’s consumer understanding outcome, highlighting expectations and examples of good and poor practices in customer communications and financial promotions. The report aims to assist firms in evaluating their compliance with existing obligations. Key areas for improvement include testing, management information clarity, and support for vulnerable customers.
Policy & regulationGuidance & interpretationConsumer and investor protection
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2026-03-09•India•Insurance Regulatory and Development Authority of India
The Insurance Regulatory and Development Authority of India has approved Certificates of Registration for Allianz Jio Reinsurance Limited and Kiwi General Insurance Limited. The Authority will draft and publish regulations for stakeholder consultation to align with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025. This Act, effective from February 2026, amends the Insurance Act, 1938, and the IRDA Act, 1999.
SupervisionAuthorisations & approvalsLicence approval
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2026-03-09•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market approved a draft resolution for a National Programme to align Ukrainian legislation with EU law. It covers 31 negotiation chapters and includes tasks for implementing EU legal acts, with specific comments on corporate law and financial services. Monitoring will be conducted via the "Pulse of Accession" system, and updates to internal plans are anticipated following programme adoption.
Policy & regulationReform agendas & prioritiesOther
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2026-03-09•Netherlands•Dutch Authority for the Financial Markets
The Dutch Authority for the Financial Markets (AFM) fined Lynx B.V. EUR 300,000 for repeatedly breaching advertising rules by inadequately displaying risk indications. The violations, affecting execution-only retail investors, involved smaller text and poor colour contrast from December 2023 to March 2024. The AFM considered previous warnings and Lynx's cooperation in determining the fine, which is now final and not subject to court review.
EnforcementSanctions & designations
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2026-03-09•Netherlands•De Nederlandsche Bank
De Nederlandsche Bank (DNB) released its Payments Strategy 2026-2028, focusing on expanding payment options and enhancing the resilience of the Dutch payments system. Priorities include reducing reliance on non-European suppliers, supporting the digital euro and distributed ledger technology, and promoting innovation while ensuring cyber resilience and responsible AI use. DNB also emphasizes maintaining cash availability and enabling central bank digital currency settlements on DLT platforms.
Policy & regulationReform agendas & prioritiesPayments and payment systemsMarket infrastructure
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2026-03-09•Netherlands•De Nederlandsche Bank
De Nederlandsche Bank (DNB) released its Payments Strategy 2026-2028, focusing on secure, reliable, and accessible payments amid geopolitical and technological changes. Priorities include enhancing operational resilience, reducing reliance on non-European providers, and promoting European digital payment instruments like Wero and the digital euro. The strategy emphasizes collaboration with banks, businesses, and civil society to ensure offline payment capabilities, maintain ATM availability, and bolster cybersecurity.
Policy & regulationReform agendas & prioritiesPayments and payment systemsCyber resilience
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2026-03-09•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has decided on securities borrowing for short selling, establishing a centralized lending system with real-time oversight through Misr for Clearing. The framework includes pre-trade collateralization, broker eligibility conditions, concentration limits, daily revaluation, and margin call mechanics, ensuring lenders' financial rights. Borrowers must post collateral equal to 150% of the open position value, and brokerage firms must meet specific financial and operational requirements.
Policy & regulationRules & requirementsLendingSupervision process and methodologies
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2026-03-09•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission's Technology and Digital Transformation Department is seeking qualified providers to submit cost quotations and capability information for an independent audit of its centralized sectoral data warehouse project.
Institutional developmentProcurementAuditing
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2026-03-09•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic approved Muratbekov Zhenishbek Alimbekovich as a board member of OJSC Keremet Bank, Ismanova Gulzat Askarbekovna as head of internal audit at CJSC Joint Stock Commercial Bank Tolubay, and Gashikulina Evgeniya Enverovna as chair of the risk management committee at CJSC Bank Kompanion.
SupervisionAuthorisations & approvalsLeadership change and appointments
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2026-03-09•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has suspended the licence of the Isaeva A.D. exchange bureau for violations of national legislation and regulatory acts. The suspension is effective from 7 to 16 March 2026.
SupervisionAuthorisations & approvalsUnlicensed or unauthorized activity
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2026-03-09•Thailand•Thailand Office of Insurance Commission
The Thailand Office of Insurance Commission (OIC) has launched the Professional Risk and Insurance Management Expert Program (PRIME) to enhance insurance intermediaries' expertise. Developed with the Thai Life Insurance and Financial Advisor Association, it's part of the OIC’s Fifth Insurance Development Plan for 2026–2030, aiming to elevate professional standards. The curriculum covers life and non-life insurance, InsurTech, consumer protection, and professional ethics, with input from industry experts.
Policy & regulationImplementation, projects & pilotsOther
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2026-03-09•Singapore•Monetary Authority of Singapore
The Monetary Authority of Singapore delivered remarks at the opening of Nasdaq’s new Singapore office, highlighting the planned Global Listing Board as a “digital bridge” between Singapore and US equity markets via Nasdaq and Singapore Exchange. The speech framed the Global Listing Board as part of broader efforts to strengthen Singapore’s equity markets and capital-raising ecosystem, referencing a SGD 1 billion boost to the Startup SG Equity scheme, a SGD 1.5 billion injection into the Anchor Fund, and a Growth Capital Workgroup.
Policy & regulationImplementation, projects & pilotsMarket development
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2026-03-09•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority appointed Dr. Islam Azam as acting chairperson following a presidential decision. Azam, previously deputy chairperson, has contributed to regulatory frameworks for insurance and non-bank finance, including capital requirements and the launch of derivatives market futures trading.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-03-09•Uganda•Uganda Insurance Regulatory Authority
The Insurance Regulatory Authority of Uganda has issued Environmental, Social and Governance guidelines for the insurance sector as soft guidance to support ESG adoption and prepare for future mandatory sustainability reporting. The proportionate, two-tier framework applies to insurers, reinsurers, intermediaries and related entities, and addresses governance, materiality and double materiality, ESG risk management, underwriting, investments, disclosure, metrics and phased alignment with IFRS S1 and IFRS S2.
Policy & regulationGuidance & interpretationESG
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2026-03-09•United States•Commodity Futures Trading Commission
CFTC Chairman Michael S. Selig announced a shift to principles-based oversight, reducing post-Dodd-Frank compliance burdens, and clearer rules for digital asset and prediction markets at the FIA Global Cleared Markets Conference. The CFTC will focus enforcement on fraud and manipulation, consider excluding certain swaps from the swap dealer de minimis threshold, and explore changes to capital, margin, and reporting rules. Additionally, the CFTC is stepping away from climate-related initiatives and will use notice-and-comment rulemaking for future regulatory developments.
Policy & regulationReform agendas & prioritiesFintech and insurtechRegulatory burden
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2026-03-09•Europe•European Commission
European Commission Commissioner Valdis Dombrovskis noted modest EU economic growth amid Middle East conflict risks, potentially causing a stagflationary shock. He confirmed Belgium's 2026 Draft Budgetary Plan meets excessive deficit procedure requirements but stressed fiscal reform. Discussions included the dominance of US dollar-denominated stablecoins, advocating for euro alternatives and progress on the digital euro.
Policy & regulationReform agendas & prioritiesGeopolitical risk
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2026-03-09•United Kingdom•HM Treasury
HM Treasury invites senior financial market participants to apply for the Market Engagement Group (MEG), a forum for discussing UK financial market developments with the Chancellor of the Exchequer. MEG meetings, chaired by the Chancellor, will occur twice a year under Chatham House rules, with up to 20 members from diverse institutions. Discussions will not address fiscal or economic policy changes, and confidentiality and competition-law expectations are set.
Policy & regulationCooperationMarket development
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2026-03-09•Norway•Norwegian Finanstilsynet
The Norwegian Financial Supervisory Authority's inspection of debt collection firm Oflow AS revealed deficiencies in claim consolidation, demand letter clarity, interest calculation, and handling of court fees as client funds. Errors included merging claims across systems, ambiguous fee presentation, and failure to update the statutory default interest rate, affecting 3,204 cases. Finanstilsynet expects improved controls and timely incident reporting under the ICT Regulation.
SupervisionReviews, inspections & stress testsComplaints and dispute resolution
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2026-03-09•Singapore•Monetary Authority of Singapore
The Monetary Authority of Singapore and the Singapore Police Force conducted enforcement operations against Capital Asia Investments Pte Ltd for suspected money laundering and non-compliance with financial regulations. Over SGD 160 million was seized, and two directors were arrested. Investigations revealed serious compliance failings and potential involvement in a transnational money laundering network.
EnforcementInvestigations & enforcement actionsAML and CFTCompliance
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2026-03-09•Global•International Monetary Fund
IMF Managing Director Kristalina Georgieva warned that the Middle East conflict heightens global macroeconomic risks, notably through disruptions at oil and gas facilities and a decline in shipping through the Strait of Hormuz. She emphasized the need for policymakers to strengthen institutions, maintain buffers, and remain agile. Georgieva also noted the potential for artificial intelligence to boost Asia's growth and the benefits of reducing non-tariff barriers for intra-Asia trade.
Research
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2026-03-09•Luxembourg•Ministry of Finance (Luxembourg)
Luxembourg's Ministry of Finance reported on Prime Minister Luc Frieden and Minister of Finance Gilles Roth's visit to Dublin for discussions with Ireland’s leadership. The talks, in preparation for Ireland’s upcoming EU Council Presidency, addressed European and international issues, emphasizing EU competitiveness in financial services.
OtherCross-border cooperation
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2026-03-09•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission released Dr. Kelvin Wong's keynote speech, "People, Standards and AI: Strengthening Hong Kong’s Financial Backbone," presented at the Hong Kong Securities and Investment Institute Chairman’s Cocktail.
Policy & regulationOther
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2026-03-09•Argentina•Central Bank of Argentina
Central Bank of Argentina Deputy Governor Vladimir Werning outlined a stabilization program at Inviu’s annual conference to reduce external vulnerability by boosting domestic savings for private investment. Key measures include eliminating the fiscal deficit, adopting foreign exchange flexibility, building foreign reserves, and encouraging foreign direct investment and repatriation of overseas savings. The program aims to enhance savings through price stability, positive real returns for depositors, and fiscal incentives, while promoting a currency competition framework and expanding capital market options.
Monetary policyMonetary policy framework & strategyMonetary policy decisions and developments
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2026-03-08•Hong Kong•Hong Kong Mandatory Provident Fund Schemes Authority
The Hong Kong Mandatory Provident Fund Schemes Authority is reviewing the income levels for calculating mandatory contributions, with recommendations due by mid-2026. Current thresholds are HKD 7,100 and HKD 30,000 per month, and stakeholder feedback suggests adjustments to reflect economic changes. Voluntary contributions have increased, comprising 25% of total contributions in 2025, with cumulative Tax-Deductible Voluntary Contributions reaching HKD 14.1 billion by year-end.
Policy & regulationReform agendas & priorities
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2026-03-08•Israel•Bank of Israel
The Bank of Israel’s Supervisor of Credit Data Sharing has instructed credit providers to report loan repayment arrears to the Credit Data Registry after 60 days instead of 30, to help borrowers manage financial strain from Operation Roaring Lion. This change, applicable to March and April 2026 reports, aims to prevent technical issue-related arrears reporting and mitigate impacts on credit scores and borrowing terms. The Supervisor may extend this adjustment to future months.
SupervisionRegulatory reporting
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2026-03-08•Israel•Bank of Israel
The Bank of Israel reported an increase in foreign exchange reserves to USD 234,553 million at the end of February 2026, representing 38.2% of GDP. The rise was primarily due to a revaluation gain of USD 1,739 million, partially offset by government foreign exchange activities totaling USD 271 million.
Data & statisticsBalance of payments and other external statistics
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2026-03-08•Qatar•Qatar Central Bank
The Qatar Central Bank will maintain the remote work system for financial institutions, capping remote work at 70% of employees and requiring 30% to work onsite from 9 March 2026 until further notice. Priority for remote work should be given to mothers and persons with disabilities, ensuring work requirements remain unaffected. Institutions must designate the 30% of employees for workplace attendance.
Policy & regulationRules & requirementsHiring and recruitment
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2026-03-08•Bermuda•Ministry of Finance (Bermuda)
The Ministry of Finance (Bermuda) announced a partnership with the NEAR Foundation to pilot an AI-powered chatbot for pension payment calculations, with potential expansion to an online tax portal. A government working group will consult with stakeholders on AI use in financial services, while the Bermuda Monetary Authority continues to support AI projects through its Regulatory Sandboxes and Innovation Hub.
Policy & regulationImplementation, projects & pilotsFintech and insurtechArtificial intelligence
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2026-03-08•Iraq•Central Bank of Iraq
The Central Bank of Iraq confirmed its foreign reserves and financial buffers are at safe levels, covering 12 months of imports, after a Board review. Priorities include maintaining reserve strength, ensuring public salary payments, supporting banking sector liquidity, and facilitating external transfers. The assessment also addressed banking system liquidity, money supply, and financial stability amid regional and international economic risks.
Monetary policyMonetary policy assessments & outlooksMonetary dataFinancial and market indicatorsFinancial stability and systemic risk
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2026-03-08•Greece•Ministry of National Economy and Finance (Greece)
Greece's Ministry of National Economy and Finance, led by Minister Kyriakos Pierrakakis, outlined responses to energy price volatility due to geopolitical tensions, with support contingent on oil prices above USD 100. The Eurogroup meeting will prioritize the crisis's impact on energy costs, emphasizing European coordination on intervention tools and fiscal frameworks. Domestically, Pierrakakis highlighted banking reforms and projected fiscal space for 2027, contingent on European flexibility and economic conditions.
Policy & regulationReform agendas & prioritiesGeopolitical risk
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2026-03-08•Central African Republic•Securities and Exchange Commission of Central Africa
The Securities and Exchange Commission of Central Africa held an internal debate on whether companies should be required to integrate gender into governance. The discussion contrasted mandatory regulation with incentive-based approaches and focused on leadership access, governance diversity and recognition of women's skills in the regional financial sector.
Policy & regulationReform agendas & prioritiesDiversity and inclusion
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2026-03-08•Spain•Bank of Spain
The Bank of Spain has updated its Compendium of Good Banking Practices, adding new conduct criteria for dealings with customers with disabilities, consumer lending and post-mortem procedures, and aligning guidance with recent regulatory changes. The update covers recognition of de facto guardians, proportional reimbursement of origination fees on early repayment of consumer loans, treatment of vehicle finance discounts, and banks’ obligations towards heirs, including bearing certain formalisation costs. It also clarifies the distinction between dormant balances and balances presumed abandoned after 20 years and transferred to the Treasury.
Policy & regulationGuidance & interpretationConsumer and investor protection
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2026-03-08•Vietnam•State Bank of Vietnam
The State Bank of Vietnam and Bank Indonesia co-chaired the 31st ASEAN Financial Integration High Level Committee meeting, approving a reform project to streamline ASEAN financial cooperation. The project aims to consolidate approval processes, restructure working groups, and enhance external engagement. Timor-Leste participated as an official ASEAN member, and the reform package is set for submission in April 2026.
Policy & regulationReform agendas & prioritiesOther
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2026-03-08•Kuwait•Central Bank of Kuwait
The Central Bank of Kuwait confirmed the banking sector's readiness amid regional geopolitical developments. Local banks have improved risk management, business continuity, and digital infrastructure, with all financial systems, including the Kuwait Automated Settlement System for Payments and the Kuwait Electronic Cheque Clearing System, functioning normally. The Central Bank will continue monitoring and is prepared to implement measures to maintain stability.
SupervisionRisk monitoring & watch points
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2026-03-08•Europe•European Central Bank
European Central Bank President Christine Lagarde discussed the ECB's EuroSteps mobile app aimed at enhancing financial education and the policy rationale for a digital euro. The app will offer practical financial management prompts, while the digital euro is envisioned as a virtual banknote to facilitate digital payments across the euro area.
Financial literacy & educationLeadership change and appointments
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2026-03-08•Kuwait•Central Bank of Kuwait
The Central Bank of Kuwait stated that the banking sector is resilient and operationally ready amid regional geopolitical developments, with financial systems functioning normally. Local banks have improved risk management, business continuity, and digital infrastructure, ensuring support for electronic payments and cash services. The Central Bank is committed to monitoring developments and maintaining banking sector stability.
SupervisionRisk monitoring & watch pointsFinancial stability and systemic risk
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2026-03-07•Indonesia•OJK
Indonesia's Financial Services Authority (OJK) has launched the 2026–2031 Roadmap to bolster the national bullion market and financial sector. It includes initiatives like gold exchange-traded funds and regulations under the 2023 Financial Sector Development and Strengthening Law. Key developments include a gold tokenisation trial and Sharia-compliant bullion activities, with significant gold holdings by PT Pegadaian and PT Bank Syariah Indonesia Tbk.
Policy & regulationReform agendas & prioritiesMarket development
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2026-03-07•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority approved the incorporation of the "Al Ahly Green Agriculture Group" as the first private equity investment fund focused on Egypt's agricultural sector. This initiative aims to broaden the investment funds landscape and attract long-term capital to productive sectors, particularly agriculture. The fund is also authorized to conduct venture capital activities, enhancing its role as a regulated investment channel.
SupervisionAuthorisations & approvalsLicence approval
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2026-03-07•Australia•Reserve Bank of Australia
At the 2026 US Monetary Policy Forum, Reserve Bank of Australia's Deputy Governor Andrew Hauser assessed the US dollar's safe-haven status, noting gradual changes rather than a decisive shift, with the dollar remaining dominant. Despite Moody's downgrade and inconsistent hedging in recent risk-off episodes, the dollar's reliability in funding-stress events and market resilience were emphasized. Official reserves are diversifying away from the dollar, yet foreign investors continue to buy US assets, with recent inflows shifting towards equities over debt.
Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
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2026-03-06•Ecuador•Central Bank of Ecuador
Ecuador’s Financial and Monetary Policy and Regulation Board, supported by the Central Bank, issued a standard to enhance financing for women entrepreneurs. It guides financial institutions in developing gender-focused products with simplified requirements and tailored credit conditions for women-led businesses in the National Registry of Entrepreneurship. It also promotes guarantee funds, inclusive financial technologies, and financial education to improve access, especially in underserved areas.
Policy & regulationGuidance & interpretationFinancial inclusion
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2026-03-06•Colombia•Superintendencia Financiera de Colombia
The Superintendencia Financiera de Colombia outlined five strategic projects to modernize operations and financial system supervision, as presented by Superintendent César Ferrari. Key initiatives include advancements in open finance, the launch of the Single Module for Reporting Information on the Credit Portfolio (MURIC), updates to the risk matrix, and regulatory streamlining. The update also details ongoing internal reorganization to separate sanctioning and supervisory functions.
Policy & regulationImplementation, projects & pilotsMarket developmentSupervision process and methodologies
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2026-03-06•India•Reserve Bank of India
The Reserve Bank of India released draft Amendment Directions to update its framework on limiting customer liability in digital transactions, expanding coverage to various fraudulent electronic banking transactions. The proposals include reducing complaint processing times and introducing a compensation mechanism for small-value frauds, applicable to multiple bank categories. The compensation mechanism will be reviewed after one year to potentially increase banks' compensation share.
Policy & regulationRules & requirementsConsumer and investor protection
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2026-03-06•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority conducted workshops using the "Kapital" board game to teach primary school pupils about capital markets concepts. Part of the Financial Education Development Programme 2023–2027, these sessions aim to enhance financial literacy through interactive play. Nine schools in Podgorica participated, with plans to continue similar initiatives.
Financial literacy & educationFinancial literacy and education
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2026-03-06•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic fined a Bishkek-based payment institution KGS 55,000 for breaching national legislation and the bank's regulations.
EnforcementInvestigations & enforcement actionsCompliance
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2026-03-06•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic fined a payment institution in Bishkek KGS 330,000 for breaches of national legislation and the bank's regulations.
EnforcementSanctions & designationsCompliance
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2026-03-06•Kyrgyzstan•National Bank of the Kyrgyz Republic
The Board of the National Bank of the Kyrgyz Republic amended regulatory legal acts to clarify loan granting terms. The resolution has been published on the bank's website.
Policy & regulationRules & requirementsLending
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2026-03-06•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has suspended the licence of Nurbek Cash LLC exchange bureau in Bishkek from March 6 to March 15, 2026. The suspension is due to violations of Kyrgyz legislation and National Bank regulations.
SupervisionAuthorisations & approvalsUnlicensed or unauthorized activity
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2026-03-06•Bolivia•Central Bank of Bolivia
The Central Bank of Bolivia stated it lacks the legal authority to legalize banknotes looted after the February 27 Hercules C-130 crash, suggesting the Legislative Assembly might address the issue. President David Espinoza, in his Senate testimony, also updated on loans to the General Treasury, international reserves, and past public enterprise lending, while detailing the technical response to the banknote shipment crash involving BOB 423 million.
Policy & regulationGuidance & interpretationCurrency and cash management
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2026-03-06•Europe•European Central Bank
The European Central Bank (ECB) clarified in a letter from President Christine Lagarde to MEP Fabio De Masi that it does not purchase or hold crypto-assets, with eligible assets for its monetary policy portfolios outlined in public legal acts. The ECB also stated that private financial transactions are not linked to its accounts or operations and that investment-related transactions by high-level officials are disclosed annually under the ECB's Code of Conduct.
Policy & regulationGuidance & interpretationOther
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2026-03-06•Japan•Japan Financial Services Agency
The Japan Financial Services Agency's Financial Services Council approved reports on reforms in regional financial policy, crypto assets, securities enforcement, and corporate disclosure. Key proposals include treating crypto assets as investment products under the Financial Instruments and Exchange Act, enhancing user protection, and introducing insider trading rules. The reports also recommend mandatory sustainability reporting standards for prime-market issuers and expanded powers for regional financial institutions.
Policy & regulationReform agendas & prioritiesClimate risk and sustainable finance
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2026-03-06•Japan•Japan Financial Services Agency
The Japan Financial Services Agency (FSA) released the eighth edition of its "FSA Analytical Notes," focusing on the Over-the-Counter (OTC) derivatives trading market. The analysis highlights a rapid increase in currency options contracted during sudden exchange rate changes and suggests varying roles of financial institutions in the OTC market. The FSA aims to enhance analytical methods and data use in financial administration.
ResearchFinancial and market indicatorsSupervisory data
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2026-03-06•Japan•Japan Financial Services Agency
The Japan Financial Services Agency reported 14,820 contacts to its Financial Service User Consultation Office from October to December, down from the previous period. Investment products led consultations, with major issues in fraudulent investment solicitations and unauthorized deposit account use. The agency stresses internal data sharing for financial monitoring and cooperation with financial institutions and police.
Data & statisticsConsumer and investor protection
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2026-03-06•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus released January 2026 statistics showing stable to slightly lower lending rates and a modest rise in deposit rates for non-financial corporations, with a significant drop in net new lending. Household deposit rates remained unchanged, while consumer and house purchase loan rates decreased slightly. Cyprus's lending rates are near the euro area median, but deposit rates are the lowest in the Eurozone, reflecting high bank liquidity.
Data & statisticsMonetary data
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2026-03-06•Cape Verde•Bank of Cape Verde
The Bank of Cape Verde released a discussion emphasizing financial education as crucial for financial independence, focusing on awareness, discipline, and responsible money management. The episode underscores the importance of setting clear savings goals to enhance financial stability and economic autonomy in Cape Verde.
Financial literacy & educationFinancial literacy and education