Back to tracker

Article archive

Showing 20,401–20,500 of 51,418 updates · Page 205 of 515

  • 2026-03-05Solomon IslandsCentral Bank of the Solomon Islands

    Central Bank of the Solomon Islands concludes five-year IMF technical assistance project to strengthen forecasting and monetary policy decision-making

    The Central Bank of the Solomon Islands (CBSI), with the International Monetary Fund, concluded a five-year project to enhance CBSI's forecasting and analytical capabilities. This initiative, part of CBSI's monetary policy modernization, focused on macroeconomic modeling and forecasting for a data-driven approach. CBSI sees this as a transition point for further strengthening its monetary policy framework with continued regional IMF engagement.

    Policy & regulationImplementation, projects & pilotsCapacity building
  • 2026-03-05Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority and three regulators launch GenAI Sandbox++ to extend supervised generative AI pilots across financial services

    The Hong Kong Monetary Authority, with other regulatory bodies and Hong Kong Cyberport Management Company Limited, launched the Generative Artificial Intelligence Sandbox++ initiative. This program aids financial institutions in developing generative AI use cases with supervisory guidance and technical support, including GPU computing resources. It focuses on risk management, anti-fraud, and customer experience, promoting AI-driven solutions like insurance underwriting and fraud detection systems.

    SupervisionInnovation & testingArtificial intelligenceFintech and insurtech
  • 2026-03-05Hong KongHong Kong Securities & Futures Commission

    Hong Kong Securities and Futures Commission leads IOSCO Asia-Pacific discussions on market resilience and technology-driven risks

    The Hong Kong Securities and Futures Commission (SFC) led discussions at the IOSCO Asia-Pacific Regional Committee meetings in Sydney, focusing on capital market issues and resilience through collaboration and technology. Chaired by SFC CEO Julia Leung, topics included market developments, supervisory priorities, online scams, tokenisation, and AI. The SFC also participated in IOSCO meetings on technology challenges and co-chaired an EU-Asia Pacific Regulatory Forum on regulatory simplification and sustainable finance.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-05Hong KongHong Kong Securities & Futures Commission

    Hong Kong Securities and Futures Commission secures HKD 4 million compensation and five-year disqualification orders against former Coolpad executive director

    The Hong Kong Securities and Futures Commission (SFC) secured court orders against Zhang Wei, former executive director of Coolpad Group Limited, mandating him to pay HKD 4 million in compensation and disqualifying him from directorships for five years. The case involved unauthorized transactions causing Coolpad losses of RMB 84 million, with Zhang admitting to breaches of duty. Legal proceedings against six other former Coolpad directors continue.

    EnforcementSanctions & designationsCorporate governance
  • 2026-03-05GlobalFinancial Action Task Force

    Financial Action Task Force updates consolidated table of mutual evaluation effectiveness and technical compliance ratings

    The Financial Action Task Force (FATF) updated its consolidated assessment ratings table, reflecting jurisdictions' performance against FATF effectiveness outcomes and technical compliance requirements. The table covers 205 jurisdictions, detailing ratings across 11 Immediate Outcomes and 40 Recommendations, and includes updates from the Eurasian Group following the suspension of the Russian Federation's FATF membership.

    Data & statisticsAML and CFT
  • 2026-03-05AustraliaAustralian Transaction Reports and Analysis Centre (AUSTRAC)

    Australian Transaction Reports and Analysis Centre publishes guidance on use of new compulsory examination powers

    The Australian Transaction Reports and Analysis Centre has issued guidance on the use of its new section 172A compulsory examination powers, outlining when notices may be issued and what they require from businesses and individuals. AUSTRAC positions the power as an information-gathering tool to clarify facts, understand money laundering risks and assess risk management, rather than a routine or punitive measure, and explains examination procedures, legal representatives’ roles, information handling and witness welfare.

    Policy & regulationGuidance & interpretationAML and CFT
  • 2026-03-05IraqCentral Bank of Iraq

    Central Bank of Iraq concludes specialised course to strengthen compliance culture and AML/CFT capabilities

    The Central Bank of Iraq's Banking Studies Center completed a training course on compliance culture and combating illicit financing. The program enhanced staff understanding of compliance, anti-money laundering, and counter-terrorist financing requirements, focusing on practical application, suspicious transaction identification, and reporting mechanisms. It aimed to reinforce a culture of risk management and transparency to protect institutions and the financial sector from illicit financing risks.

    Institutional developmentCooperation & capacity building
  • 2026-03-05MalaysiaBank Negara Malaysia

    BNM keeps OPR unchanged at 2.75% on 5 Mar 2026

    Bank Negara Malaysia’s Monetary Policy Committee kept the Overnight Policy Rate at 2.75 % on 5 March, maintaining the level set after July 2025’s 25 bp cut. The stance is deemed appropriate given steady domestic growth and moderate inflation, though the MPC cited heightened geopolitical and market uncertainties and will continue to monitor risks.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-03-05South KoreaBank of Korea

    Bank of Korea issue note finds major gap between end of life treatment preferences and practice, proposes personalized directives

    The Bank of Korea published an issue note saying Korea's life-sustaining treatment system still leaves a large gap between patient preferences and clinical practice. It highlights an 84.1% refusal intention among older adults versus a 16.7% actual withholding or withdrawal rate, alongside rising treatment use, late decision-making and higher end-of-life costs. The paper proposes more detailed advance directives, wider access through clinics and digital channels, better ethics committee coverage, possible healthcare proxies and stronger hospice and palliative care capacity.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-03-05MoroccoMoroccan Capital Markets Authority

    Moroccan Capital Markets Authority approves prospectus for Airbus SE employee share subscription offer of 3.5 million shares

    The Moroccan Capital Markets Authority has approved a prospectus for a subscription offer of AIRBUS SE shares reserved for group employees in Morocco. The offer includes 3,500,000 shares at a subscription price of EUR 200.65, subject to adjustment based on the closing price on 1 April 2026. The prospectus is supplemented by AIRBUS SE’s annual reports and other relevant documents.

    SupervisionAuthorisations & approvalsSecurities offerings and listings
  • 2026-03-05United Arab EmiratesDubai Virtual Assets Regulatory Authority

    Dubai Virtual Assets Regulatory Authority warns that MEXC is unlicensed to provide virtual asset services in or from Dubai

    The Dubai Virtual Assets Regulatory Authority (VARA) issued a warning that MEXC Estonia OÜ and MEXC Global LTD, operating as "MEXC," lack a VARA licence to provide virtual asset services in or from Dubai. VARA emphasized that any activities by MEXC in this jurisdiction violate regulations and pose financial and legal risks. Investors are advised to verify firms against VARA’s Public Register of licensed virtual asset service providers.

    SupervisionAlertsUnlicensed or unauthorized activity
  • 2026-03-05United Arab EmiratesDubai Virtual Assets Regulatory Authority

    Dubai Virtual Assets Regulatory Authority issues investor alert and cease and desist instruction to Kucoin entities for unlicensed virtual asset activity in Dubai

    The Dubai Virtual Assets Regulatory Authority (VARA) issued an alert regarding Kucoin and associated entities, warning they may be conducting unlicensed virtual asset activities in Dubai. VARA clarified that Kucoin lacks the necessary licence to operate in or from Dubai and instructed the group to cease all unlicensed activities. Consumers are advised to avoid engaging with Kucoin and verify firm status through VARA's public register.

    SupervisionAlertsUnlicensed or unauthorized activity
  • 2026-03-05GlobalSWIFT

    SWIFT rolls out new retail cross-border payments framework with more than 25 banks set to go live by end-June

    SWIFT has launched a new payments framework for cross-border retail transactions, with over 25 banks set to process payments by June. The initiative aims to enhance speed, transparency, and traceability for international payments, initially covering corridors to countries including Australia, Canada, China, and the US. SWIFT is also working on integrating a blockchain-based shared ledger to enable 24/7 real-time cross-border payments.

    Policy & regulationImplementation, projects & pilotsCross-border payments
  • 2026-03-05HungaryNational Bank of Hungary

    National Bank of Hungary governor cites near EUR 60 billion reserves and inflation down to 2.1 percent as stability gains

    National Bank of Hungary Governor Mihály Varga emphasized the central bank's focus on stability and trust, citing reduced inflation, a stronger forint, and record-high international reserves of nearly EUR 60 billion. Varga attributed the decline in domestic inflation from 5.6% to 2.1% to effective monetary policy and government measures. He also noted the banking system's stability and potential for increased lending amid favorable conditions.

    Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developmentsFinancial stability and systemic risk
  • 2026-03-05ArgentinaArgentina Securities Commission (CNV)

    Argentina Securities Commission expands automatic authorisation regime for low and medium impact negotiable obligations to allow retail investor participation

    The Argentina Securities Commission (CNV) approved General Resolution No. 1117, amending the public offering regime to allow automatic authorisation for low and medium impact "Obligaciones Negociables." This change enables unlimited retail investor participation in primary and secondary trading, provided issuers meet existing public offering and disclosure requirements.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-03-05ArgentinaArgentina Securities Commission (CNV)

    Argentina Securities Commission repeals the Innovation and Financial Inclusion Hub to cut bureaucracy

    Argentina’s Securities Commission (CNV) repealed its "Innovation and Financial Inclusion Hub" through General Resolution No. 1118, citing inefficacy and a changed context since its 2022 inception. CNV Chair Roberto E. Silva emphasized the move aligns with efforts to simplify market operations and reduce bureaucracy, suggesting existing mechanisms can better address the Hub's intended functions.

    Policy & regulationRules & requirementsFintech and insurtech
  • 2026-03-05SingaporeMonetary Authority of Singapore

    Monetary Authority of Singapore issues transition planning guidelines for banks insurers and asset managers effective September 2027

    The Monetary Authority of Singapore issued Guidelines on Environmental Risk Management for banks, insurers, and asset managers to manage climate-related risks. These supplement 2020 guidelines, requiring adaptation of business models, governance, and risk management, and client engagement. Incorporating public feedback, they take effect in September 2027 after an 18-month transition.

    Policy & regulationGuidance & interpretationClimate risk and sustainable finance
  • 2026-03-05GlobalInternational Monetary Fund

    International Monetary Fund Managing Director urges Asia to harness AI manage ageing pressures and deepen regional trade integration

    IMF Managing Director Kristalina Georgieva outlined policy priorities for Asia at the Asia in 2050 Conference, emphasizing productivity growth through AI, labor market management, and trade-led growth via regional integration. She highlighted potential GDP growth from AI and demographic challenges posed by automation, with IMF research suggesting significant economic impacts. The IMF plans to focus on digital finance innovations at the upcoming Annual Meetings in Bangkok.

    Policy & regulationReform agendas & priorities
  • 2026-03-05KyrgyzstanNational Bank of the Kyrgyz Republic

    National Bank of the Kyrgyz Republic revokes Kart Fly licences for processing and third-party payment services

    The National Bank of the Kyrgyz Republic revoked the licences of Kart Fly LLC for legislative breaches, effective 27 February 2026. The withdrawal affects two licences issued in November 2024, covering financial information processing and third-party payment services.

    SupervisionAuthorisations & approvalsUnlicensed or unauthorized activity
  • 2026-03-05United Arab EmiratesDubai Financial Services Authority

    Dubai Financial Services Authority amends AML, fees and prudential PIB modules with phased commencement in April and July 2026

    The Dubai Financial Services Authority Board has issued rulemaking instruments amending the Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module, the Fees Module, and the Prudential – Investment, Insurance Intermediation and Banking Business Module of the DFSA Rulebook following Consultation Paper No. 169. The updated modules will replace the current versions on the DFSA website on their respective commencement dates, with earlier versions retained in the archive.

    Policy & regulationRules & requirementsAML and CFTPrudential risks
  • 2026-03-05TajikistanNational Bank of the Republic of Tajikistan

    National Bank of the Republic of Tajikistan convenes Financial Stability Council and adopts measures on government securities, non-cash payments and digital economy

    The National Bank of the Republic of Tajikistan reported on the eleventh meeting of the National Financial Stability Council, focusing on developing the government securities market, expanding non-cash payments, and advancing the digital economy. Discussions included the financial position of social insurance and pensions, balance of payments, and implementing Presidential Decree No. 586 on non-cash payments. The Council addressed external risks like sanctions, financial market uncertainty, and climate risks.

    Policy & regulationImplementation, projects & pilotsSupervision process and methodologies
  • 2026-03-05AustraliaReserve Bank of Australia

    Reserve Bank of Australia's Payments System Board to publish end March conclusions on card surcharging and backs cash distribution regulation

    The Reserve Bank of Australia's Payments System Board discussed regulatory changes for merchant card payments and a framework for cash distribution, emphasizing regional cash access. A Conclusions Paper and implementation timeline will be published by March, addressing card system regulation amendments. Concerns about industry consensus on bulk payments processing were noted, with the RBA ready to intervene if progress is insufficient.

    Policy & regulationRules & requirementsPayments and payment systems
  • 2026-03-05ColombiaCentral Bank of Colombia

    Central Bank of Colombia publishes research on how Big Three credit rating agencies discipline governments

    The Central Bank of Colombia published a study on sovereign credit ratings' impact on borrowing costs and investment restrictions, highlighting Colombia's mixed ratings. Authored by board member César Giraldo and Kevin Güiza Molina, it discusses rating agencies' evolution and quasi-regulatory effects, referencing past financial crises and EU responses. It suggests reducing reliance on external ratings by strengthening local markets and diversifying risk assessments.

    ResearchCredit ratings
  • 2026-03-05BoliviaCentral Bank of Bolivia

    Central Bank of Bolivia revokes four notarial powers of attorney for named agents

    The Central Bank of Bolivia has revoked several notarial powers of attorney under its Authorized Signatures Regulation and Bolivia’s notary framework, nullifying the legal effect of related documents for the named agents. The revocations include powers of attorney granted to Sergio Marcelo Cerezo Aguirre, Oswaldo Quelali Nina, and Marcos Nivers Llanos Catacora.

    Policy & regulationRules & requirementsLicence withdrawal
  • 2026-03-05New ZealandNew Zealand Financial Markets Authority

    New Zealand Financial Markets Authority wins NZD 2.1 million High Court penalty against ASB for fair dealing breaches affecting over 25,000 customers

    The New Zealand Financial Markets Authority announced the High Court fined ASB Bank Limited NZD 2.1 million for fair dealing breaches under the Financial Markets Conduct Act. ASB admitted to false and misleading representations due to system failures, affecting over 25,000 customers who were refunded approximately NZD 4.7 million. The court highlighted the need for robust systems and processes, noting ASB's cooperation but criticizing the delay in addressing the issues.

    EnforcementSanctions & designationsConsumer and investor protection
  • 2026-03-05ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission deepens supervisory cooperation with Japan Financial Services Agency on solvency reform, group-wide supervision and climate risk

    The Thailand Office of Insurance Commission and Japan’s Financial Services Agency met in Tokyo to enhance cooperation on insurance supervision, focusing on aligning oversight with international standards and addressing emerging risks. Key topics included Japan's Economic Value-based Solvency Regime, Thailand's risk-based capital framework, group-wide supervision, and systemic issues like catastrophe and climate risk. The talks emphasized strengthening supervisory colleges and regional cooperation for cross-border groups.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-04KyrgyzstanNational Bank of the Kyrgyz Republic

    National Bank of the Kyrgyz Republic terminates special regulatory regime for Regional Payment Systems and Quickpay and cancels associated licences

    The National Bank of the Kyrgyz Republic has terminated the special regulatory regime and licences for Regional Payment Systems LLC and Quickpay System LLC. The decision, made by the Committee on Payment System and Digital Financial Technologies, follows successful testing that prompted legislative changes in electronic money issuance and bank card acquiring.

    SupervisionAuthorisations & approvalsLicence withdrawal
  • 2026-03-04GreeceMinistry of National Economy and Finance (Greece)

    Greece's Ministry of National Economy and Finance sets out digital finance agenda and a digital euro roadmap towards possible 2029 adoption

    Greece's Ministry of National Economy and Finance published a speech by Minister Kyriakos Pierrakakis at the European Investment Bank Group Forum 2026, emphasizing Europe's competitiveness agenda linked to the Savings and Investment Union and digital finance modernization. He highlighted the potential of distributed ledger technologies and tokenisation to enhance financial-market infrastructure and flagged risks associated with crypto-assets and systemic cyber threats. On the digital euro, he noted progress towards technical development, with a legislative framework expected in 2026 and a pilot in 2027.

    Policy & regulationReform agendas & prioritiesGeopolitical risk
  • 2026-03-04MontenegroMontenegro Capital Market Authority

    Montenegro Capital Market Authority partners with TF CAPITAL AD to run virtual stock exchange trading workshops and a student competition

    The Montenegro Capital Market Authority, in collaboration with TF CAPITAL AD, conducted workshops on virtual stock exchange trading for students at the “Mirko Vešović” Secondary Economic School in Podgorica. This initiative is part of the authority's Financial Education Development Programme 2023–2027. The sessions focused on market analysis and trading strategies, and included a simulated trading competition.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-04LuxembourgCentral Bank of Luxembourg

    Central Bank of Luxembourg reports credit institutions’ balance sheets rose 2.61% to EUR 1,007,183 million at end-January 2026

    The Central Bank of Luxembourg reported that the aggregate balance sheet total of credit institutions rose to EUR 1,007,183 million at the end of January 2026, marking a 2.61% increase from December 2025. This growth was driven by higher claims on banks and deposit-taking institutions, alongside increased debts to other sectors. Resident non-bank deposits notably grew by 3.88% over the month, with significant contributions from other financial intermediaries.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-04Hong KongHong Kong Mandatory Provident Fund Schemes Authority

    Hong Kong Mandatory Provident Fund Schemes Authority releases December 2025 MPF Statistical Digest with assets around HKD 1,550 billion and 2025 contributions at HKD 90.7 billion

    The Hong Kong Mandatory Provident Fund Schemes Authority released the December 2025 Statistical Digest, detailing quarterly statistics on enrolment, accounts, asset values, and investment performance. Total MPF assets reached HKD 1,550 billion, with MPF Equity Funds and Mixed Assets Funds achieving average annualized net returns of 5.0% and 4.5% respectively since 2000. The Default Investment Strategy accounted for over 10% of total assets, with significant returns since its 2017 launch.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-03-04GlobalFinancial Markets Standards Board

    Financial Markets Standards Board admits Norges Bank Investment Management as a full member

    Norges Bank Investment Management (NBIM) has joined the Financial Markets Standards Board (FMSB) as a Full Member, enhancing the member-funded global wholesale markets standards body. NBIM will engage with FMSB’s Standards Board, committees, working groups, and the new buy-side forum. FMSB’s 2026 agenda includes topics such as pre-hedging and artificial intelligence in markets.

    Policy & regulationCooperationOther
  • 2026-03-04South AfricaNational Treasury (South Africa)

    South Africa's National Treasury reappoints FSCA Commissioner Unathi Kamlana and two Deputy Commissioners for new five-year terms

    South Africa's National Treasury has reappointed Unathi Kamlana as Commissioner of the Financial Sector Conduct Authority (FSCA) for another five-year term, alongside Deputy Commissioners Katherine Gibson and Farzana Badat. Gibson will oversee Regulatory Policy and Enforcement, while Badat will manage Conduct of Business Supervision and the Licensing and Business Centre. Deputy Commissioner Astrid Ludin will step down on 31 May 2026, with a replacement process to be initiated.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-04Dominican RepublicCentral Bank of the Dominican Republic

    Central Bank of the Dominican Republic schedules Semana Económica y Financiera 2026 with 170 activities and 55 participating institutions

    The Central Bank of the Dominican Republic will host its 12th Semana Económica y Financiera 2026 from 16 to 20 March, focusing on economic and financial education for children and young people. The programme, part of the Aula Central initiative and aligned with Global Money Week, includes 170 sessions across Santo Domingo, Santiago, and Baní, featuring talks and workshops on financial literacy topics with participation from 55 institutions.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-04Hong KongHong Kong Insurance Authority

    Hong Kong Insurance Authority fines three insurance broker companies HKD 429,000 and reprimands three individuals for AML/CFT compliance failures

    The Hong Kong Insurance Authority fined three insurance brokers HKD 429,000 for breaching the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. ASI-Union Global Assets Management Ltd., Macroscopica International Wealth Management Ltd., and Bay Union Insurance Brokers Limited failed to maintain effective customer due diligence and assess politically exposed persons. Remedial actions have been taken to address these deficiencies.

    EnforcementInvestigations & enforcement actionsAML and CFT
  • 2026-03-04AfricaGABAC

    Action Group against Money Laundering in Central Africa validates draft regional regulation on information systems security for financial intelligence units

    The Action Group against Money Laundering in Central Africa held a workshop in Brazzaville to draft a regional text on network and information system security for financial intelligence units. Participants validated a draft regulation and agreed on a roadmap for its integration into the Economic and Monetary Community of Central Africa process. The workshop addressed legal, technical, and operational aspects to enhance cybersecurity and network resilience.

    Policy & regulationRules & requirementsCyber resilience
  • 2026-03-04MexicoCentral Bank of Mexico

    Central Bank of Mexico launches consultation on reforms to credit bureau operations and financial institutions’ data submissions

    The Central Bank of Mexico has launched a public consultation on proposed amendments to rules for credit information companies and their users. Key changes include updates to customer identification and complaint processes, clarification of report handling procedures, and standardisation of information on financing and indebtedness. The reforms also address timelines for deleting certain credit information and aim to optimise data submissions.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-03-04MexicoCentral Bank of Mexico

    Central Bank of Mexico launches consultation on amendments to securities lending rules to align with international standards

    The Central Bank of Mexico has launched a public consultation on draft provisions to amend securities lending transaction rules for various regulated financial entities. Proposed changes include the use of tri-party and securities lending agents, and the introduction of special loan types such as open, evergreen, and forward starting loans. The draft applies to credit institutions, broker-dealers, investment funds, and other specified entities.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-03-04JapanBank of Japan

    Bank of Japan publishes January 2026 average contract interest rates on loans and discounts

    The Bank of Japan released January 2026 statistics on average contract interest rates for loans and discounts, detailing rates for new and outstanding loans by bank type and maturity. The data covers domestically licensed banks, city banks, regional banks, a second group of regional banks, and shinkin banks, with short-term defined as less than one year and long-term as one year or more, excluding the Resolution and Collection Corporation and Japan Post Bank.

    Data & statisticsMonetary data
  • 2026-03-04IndonesiaOJK

    Indonesia's Financial Services Authority raids PT MASI office over suspected IPO manipulation and sham trading in BEBS shares

    Indonesia's Financial Services Authority (OJK) searched PT MASI’s Jakarta office, investigating suspected capital market crimes like IPO manipulation and sham transactions. The case involves alleged manipulation of material facts and sham transactions that inflated BEBS shares by 7,150%. Key figures include ASS, MWK, and PT MASI, with OJK coordinating with the district court and National Police for further investigation.

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2026-03-04AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission disqualifies Claudio Criniti from managing corporations for five years over seven company failures

    ASIC has disqualified NSW director Claudio Criniti from managing corporations for five years due to improper conduct and failure to meet director obligations, linked to the collapse of seven companies owing over AUD 8 million to creditors, including significant debts to the Australian Taxation Office. ASIC's decision was supported by reports from liquidators and funding from the Assetless Administration Fund.

    EnforcementSanctions & designationsCorporate governance
  • 2026-03-04AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission cancels John Adicho’s Australian credit licence for compliance and levy failures

    The Australian Securities & Investments Commission (ASIC) cancelled the Australian credit licence of Sydney-based John Adicho for non-compliance, including failure to lodge compliance certificates and pay industry levies. ASIC cited breaches under the National Consumer Credit Protection Act 2009, including expulsion from the Australian Financial Complaints Authority for non-payment of fees. Mr. Adicho may seek a review of the decision by the Administrative Review Tribunal.

    EnforcementInvestigations & enforcement actionsOther
  • 2026-03-04GlobalInternational Actuarial Association

    International Actuarial Association submits response to IAIS recovery and resolution consultation and starts drafting input on IASB IFRS 9 and IFRS 7 proposals

    The International Actuarial Association (IAA) submitted feedback to the International Association of Insurance Supervisors on draft revised Application Papers and plans to respond to the International Accounting Standards Board's consultation on IFRS 9 and IFRS 7 amendments. The IAA also participated in international meetings and conferences, including those by the International Organisation of Pension Supervisors, OECD, and the Global Conference of Actuaries, and conducted outreach on artificial intelligence in actuarial work.

    Policy & regulationInternational standards & recommendationsOther
  • 2026-03-04GlobalInternational Monetary Fund

    International Monetary Fund staff completes Kiribati Article IV mission and calls for fiscal framework reforms as deficits stay large

    The IMF's 2026 Article IV consultation with Kiribati noted strong economic activity but significant fiscal and external deficits, with elevated downside risks. Recommendations include growth-friendly fiscal consolidation, enhanced fiscal frameworks, increased revenues, improved spending efficiency, and strengthened governance for state-owned enterprises. Real GDP growth was 4.3% in 2025, with inflation at 6.5%, and public debt at 8% of GDP, though long-term climate vulnerabilities pose a high risk of debt distress.

    Policy & regulationGuidance & interpretationEconomic data and developments
  • 2026-03-04GlobalFinancial Action Task Force

    Financial Action Task Force publishes mutual evaluation of Eritrea’s anti-money laundering and counter-terrorist financing measures

    The Financial Action Task Force (FATF) released a mutual evaluation of Eritrea's anti-money laundering and counter-terrorist financing measures, endorsed by the FATF. The assessment follows the 2012 FATF Recommendations and 2013 Methodology, based on data from Eritrea and an on-site evaluation. The executive summary outlines key findings and priority actions.

    Policy & regulationPeer reviews and country evaluationsAML and CFT
  • 2026-03-04United KingdomBank of England

    Bank of England launches consultation on a new mobilisation policy for onboarding new UK CCPs using de minimis limits and rule permissions

    The Bank of England has issued a consultation on a draft policy for a discretionary "mobilisation" stage for newly recognised UK central counterparties (CCPs). This framework allows new CCPs to conduct live testing under constrained activity limits and potentially receive temporary permissions to modify certain rulebook requirements. The Bank expects new CCPs to hold at least GBP 1 million in capital during mobilisation and plan to meet the GBP 6.1 million minimum capital requirement by the end of this period.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-03-04United StatesU.S. Securities & Exchange Commission

    U.S. Securities and Exchange Commission chair outlines focus on responsible retail access and valuation practices in private markets

    SEC Chairman Paul S. Atkins emphasized expanding investor access to private markets with protections, calling it "responsible retailization" of post-tax, pre-retirement dollars. He advocated broader access beyond wealthy investors, with safeguards. The roundtable will explore evolving valuation practices in private-market strategies, including fair-value approaches and governance expectations.

    Policy & regulationReform agendas & prioritiesValuation
  • 2026-03-04United StatesFederal Reserve Bank of Kansas City

    Federal Reserve Bank of Kansas City approves a one year limited purpose Federal Reserve account for Kraken Financial under the Account Access Guidelines

    The Federal Reserve Bank of Kansas City approved a limited purpose account for Kraken Financial, a Wyoming-based Special Purpose Depository Institution, under the Federal Reserve Board of Governors’ Account Access Guidelines. The one-year approval includes restrictions aligned with Kraken Financial’s business model and risk profile. The Kansas City Fed emphasized that Reserve Banks independently assess account requests based on risk and confidentiality, applying uniform standards across all applications.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-03-04CanadaBank of Canada

    Bank of Canada flags systemic vulnerabilities from hedge fund leverage and private credit and plans to use TMX tri-party repo

    Bank of Canada Governor Tiff Macklem noted rising financial stability risks in non-bank finance, especially leveraged hedge fund trading and private credit growth. He stressed the need for better data and cross-border monitoring to tackle transparency and funding issues. Macklem's priorities for the Financial Stability Board include improving leverage and liquidity data and supporting repo market resilience, with the Bank of Canada planning to use TMX's tri-party repo solution.

    Policy & regulationReform agendas & prioritiesMarket risk and volatilityFinancial stability and systemic risk
  • 2026-03-04UkraineUkraine National Commission on Securities and Stock Market

    Ukraine National Commission on Securities and Stock Market advances draft wartime rules for external debt bond transactions and updates supervision and licensing actions

    The Ukraine National Commission on Securities and Stock Market announced key regulatory decisions, including draft measures for transactions in external government loan bonds during martial law and a framework for financial monitoring. It approved amendments to procedures for appointing heads of market participants and internal control officials, lifted restrictions on PrJSC ATP 13058 securities, registered share issuances, approved clearing rule amendments, and issued a depository institution licence to JSC Bank of Investments and Savings.

    Policy & regulationRules & requirementsOther
  • 2026-03-04UkraineUkraine National Commission on Securities and Stock Market

    Ukraine National Commission on Securities and Stock Market discusses agrarian notes, securitization and a potential regulatory sandbox with IFC

    The Ukraine National Commission on Securities and Stock Market and the International Finance Corporation discussed developing new financing instruments for the real economy, including expanding agrarian notes and asset securitization. They explored using distributed ledger technology and potentially establishing a regulatory sandbox. Other topics included electronic warehouse receipts and developing green bonds with a focus on transparency.

    Policy & regulationCooperationMarket developmentSecuritization
  • 2026-03-04EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision urges removal of cross-border barriers to capital and liquidity flows and renewed push on EU deposit insurance

    Patrick Montagner of the ECB Banking Supervision stressed at an Institute of International Finance roundtable that Europe's growth is hindered by banking and financial market fragmentation, advocating for deeper Single Market integration. He called for removing barriers to intra-group capital flows, reforming crisis management and deposit insurance frameworks, and developing a European deposit insurance scheme. Montagner also highlighted digital finance and the digital euro as tools for cross-border integration and urged a European approach to supervising non-bank financial intermediation.

    Policy & regulationReform agendas & prioritiesCross-border cooperationMarket development
  • 2026-03-04United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking, Housing and Urban Affairs highlights 21st Century ROAD to Housing Act as Senate invokes cloture 84-6-1 for floor consideration

    The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement on Chairman Tim Scott's op-ed about the 21st Century ROAD to Housing Act, which passed a Senate cloture vote 84-6-1. The bipartisan bill aims to enhance housing affordability by increasing supply, reducing federal red tape, and supporting modern housing solutions, while addressing the influence of large institutional investors. Following Senate approval, the package will return to the House for final consideration before reaching President Donald Trump.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-03-04BrazilCentral Bank of Brazil

    Central Bank of Brazil suspends two employees and opens disciplinary proceedings after suspected improper benefits linked to Banco Master case

    The Central Bank of Brazil announced the third phase of Operation Compliance Zero, uncovering indications of improper advantages received by two staff members during a review of Banco Master processes. The bank has removed the employees, initiated disciplinary actions, and referred the matter to the Federal Police. It emphasized due process and appropriate sanctions for any confirmed misconduct.

    EnforcementInvestigations & enforcement actions
  • 2026-03-04GreeceHellenic Capital Market Commission

    Hellenic Capital Market Commission approves Athens Exchange Alternative Market registration as an SME Growth Market and amends clearing regulations

    The Hellenic Capital Market Commission has approved Athens Exchange S.A.’s registration of its multilateral trading facility, the Alternative Market, as an SME Growth Market under Law 4514/2018, effective upon publication of new operating rules on the Athens Exchange Group website. It also authorised amendments to the Securities Transaction Clearing Regulation and the Derivatives Transaction Clearing Regulation of Athens Exchange Transactions Clearing Company S.A., to be published on the same website.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-03-04VenezuelaCentral Bank of Venezuela

    Central Bank of Venezuela reports 7.07% GDP growth in Q4 2025 and 8.66% expansion in 2025

    The Central Bank of Venezuela reported a 7.07% GDP growth in Q4 2025 compared to Q4 2024, marking nineteen consecutive quarters of economic expansion despite external pressures. Oil-sector activity increased by 13.41%, while non-oil sectors saw notable growth, particularly in construction and mining. Annual GDP growth for 2025 was 8.66%.

    Data & statisticsEconomic data and developments
  • 2026-03-04CanadaFinancial Services Regulatory Authority of Ontario

    Financial Services Regulatory Authority of Ontario opens applications for auto insurance point-of-sale Test and Learn Environment at dealerships

    The Financial Services Regulatory Authority of Ontario (FSRA) has launched a Point of Sale Test and Learn Environment (TLE) for purchasing auto insurance at Ontario dealerships. Approved participants receive a two-year exemption from the Insurance Act's prohibition on selling auto insurance at dealerships, with a potential two-year renewal. FSRA will evaluate the TLE's impact on consumer convenience and risk, requiring firms to implement safeguards and disclose that purchasing insurance at the dealership is not mandatory.

    SupervisionInnovation & testingRegulatory sandbox
  • 2026-03-04LibyaCentral Bank of Libya

    Central Bank of Libya transfers February salary payment authorizations to banks via Your Salary Instantly system

    The Central Bank of Libya said it has received February salary payment authorizations from the Ministry of Finance and sent them to commercial banks for execution through the “Your Salary Instantly” system. The platform allows citizens to track salary disbursements directly and provides bank-level disbursement statistics.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-03-04LuxembourgLuxembourg Commission de Surveillance du Secteur Financier

    Luxembourg Commission de Surveillance du Secteur Financier awards 38 new réviseurs d’entreprises diplomas from the 2025 professional aptitude exam

    The Luxembourg Commission de Surveillance du Secteur Financier announced that 38 candidates have obtained the diploma confirming their admission to the professional aptitude exam, enabling them to seek approval to perform statutory audits in Luxembourg. The diploma follows completion of a training pathway and passing both written and oral examinations. Finance Minister Gilles Roth and CSSF Director General Claude Marx attended the award ceremony.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-03-04United StatesU.S. Securities & Exchange Commission

    U.S. Securities and Exchange Commission chairman outlines AI Task Force deployment and rejects prescriptive AI disclosure checklists

    SEC Chairman Paul S. Atkins emphasized integrating AI into supervisory and enforcement activities while retaining human judgment and materiality-based disclosure principles. The SEC's AI Task Force, established in August, aims to enhance AI for risk assessments and market misconduct detection. Atkins advocated for principles-based disclosure standards and encouraged market engagement on AI innovations.

    SupervisionSupervision approach, priorities & toolkitArtificial intelligence
  • 2026-03-04PortugalPortuguese Insurance Regulator (ASF)

    Portugal's Insurance and Pension Funds Supervisory Authority issues reporting template for annual right to be forgotten and anti-discrimination report

    Portugal's Insurance and Pension Funds Supervisory Authority (ASF) issued Circular No. 2/2026 detailing the reporting requirements for the annual "Report on the right to be forgotten and discriminatory practices." This applies to insurers involved in contracts linked to mortgage and consumer credit, as well as those under Article 15 of the Insurance Contract Legal Regime, with submissions due by 15 April each year.

    Policy & regulationGuidance & interpretationRegulatory reporting
  • 2026-03-04CaribbeanEastern Caribbean Central Bank

    Eastern Caribbean Central Bank begins second phase of gazetting prudential standards on capital requirements

    The Eastern Caribbean Central Bank has begun the second phase of publishing its Prudential Standards in member countries' official gazettes, granting them full legal authority. These standards establish prudential requirements for licensed financial institutions, including minimum capital requirements. The package includes the Prudential Standard for Capital Measurement and the Prudential Standard for Basel I Capital Measurement, focusing on credit, operational, and market risks.

    Policy & regulationRules & requirementsPrudential risks
  • 2026-03-04SerbiaNational Bank of Serbia

    National Bank of Serbia receives European Payments Council approval to participate in SEPA Credit Transfer with 5 May 2026 go-live for budget-user payments

    The National Bank of Serbia received a positive assessment from the European Payments Council to join the Single Euro Payments Area (SEPA) Credit Transfer scheme. It will be listed in the European Payments Council register from 13 March 2026, with SEPA CT transaction processing starting on 5 May 2026. This participation will standardize non-cash euro payments across the SEPA area, with the National Bank of Serbia overseeing domestic compliance.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-03-04SerbiaNational Bank of Serbia

    National Bank of Serbia highlights Metalac Market’s 5% discount for IPS show instant payments through 30 April 2026

    The National Bank of Serbia announced a new payment option in Metalac market d.o.o. retail stores, offering a 5% discount for purchases made via instant payment using the "IPS show" method in mobile banking apps. This discount applies to non-sale items until 30 April 2026. Merchants accepting instant payments benefit from lower fees compared to other payment methods.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-03-04MaltaMalta Financial Services Authority

    Malta Financial Services Authority signs cooperation memorandum with India’s International Financial Services Centres Authority

    The Malta Financial Services Authority (MFSA) and the International Financial Services Centres Authority (IFSCA) have signed a Memorandum of Understanding to enhance regulatory cooperation. The agreement focuses on information sharing, best practices in financial market development, and cooperation on emerging technologies. It aims to promote high standards of integrity and strengthen enforcement efforts.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-04SwedenRiksbank

    Sweden's Riksbank issues consultation responses to parliamentary evaluation of monetary policy 2015–2024

    Sweden’s Riksbank responded to the Riksdag Committee on Finance’s evaluation of its 2015–2024 monetary policy. The Executive Board endorses many recommendations, emphasizing the policy rate as the main tool and advocating for structured analysis and communication of unconventional measures. It supports enhanced information sharing between monetary and fiscal authorities but sees challenges in aligning operations with the Swedish National Debt Office.

    Policy & regulationGuidance & interpretationMonetary policy decisions and developments
  • 2026-03-04SwedenRiksbank

    Sweden's Riksbank issues payment preparedness guidance urging households to hold SEK 1,000 per adult in cash and maintain alternative payment methods

    Sweden's Riksbank recommends household payment preparedness, citing vulnerabilities from digitalisation and international factors. It advises holding SEK 1,000 in cash per adult for emergencies, using multiple payment channels, and maintaining access to diverse card networks and mobile payment services. These recommendations are detailed in the Payments Report 2026 on the Riksbank’s website.

    Policy & regulationGuidance & interpretationPayments and payment systems
  • 2026-03-04KazakhstanAgency for Regulation and Development of the Financial Market of the Republic of Kazakhstan

    Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan to draft new securities market law and 2030 capital market programme

    At CFO SUMMIT XIII, Kazakhstan's Financial Market Agency announced a policy shift to enhance the stock market as a long-term investment source and plans to revise securities market legislation. A Capital Market Development Programme to 2030 and a new securities market law will be developed with the National Bank, focusing on expanding the investor base, market infrastructure, and global integration. The initiative aims to create a flexible ecosystem, strengthen corporate governance, and adopt a risk-based regulatory approach.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-03-04TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority conducts three-day motor insurance compliance inspections and public education drive in Songwe

    The Tanzania Insurance Regulatory Authority's Southern Highlands Zone office conducted a three-day motor vehicle inspection in Songwe Region, assessing compliance with insurance requirements and educating road users. Over 800 vehicles were inspected, with uninsured vehicles given the option to purchase coverage or face fines. TIRA plans to expand insurance education and continue regular inspections to ensure legal compliance.

    SupervisionReviews, inspections & stress testsSupervision process and methodologies
  • 2026-03-04TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority holds insurance training for 96 journalists in Zanzibar

    The Tanzania Insurance Regulatory Authority conducted a training session for journalists in Zanzibar to enhance media capacity in reporting on insurance issues. The session covered the authority's operations, the role of the Tanzania Insurance Ombudsman, and various insurance-related topics. Participants expressed interest in more frequent training, and the authority pledged to enhance collaboration.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-04CyprusCyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission removes Enter Winglobe Management from the register after it waived its administrative services authorisation

    The Cyprus Securities and Exchange Commission (CySEC) announced that Enter Winglobe Management Ltd has waived its authorisation to provide administrative services, leading to the lapse of its licence. Effective 15 July 2025, CySEC permanently removed the firm from the register of licensed persons under the Law Regulating Companies Providing Administrative Services and Related Matters of 2012.

    SupervisionAuthorisations & approvalsLicence withdrawal
  • 2026-03-04ColombiaCentral Bank of Colombia

    Central Bank of Colombia to transfer COP 13.9 trillion of 2025 profits to the National Government

    The Central Bank of Colombia announced it will transfer approximately COP 13.9 trillion to the National Government in March from 2025 profits, marking the highest transfer on record. The bank attributed 86% of these profits to international reserves management, with net reserves at USD 66.3 billion as of 31 December 2025. The reserves are deemed adequate, covering over nine months of imports and surpassing annual external debt service.

    Policy & regulationGuidance & interpretationOther
  • 2026-03-04ChileChile Financial Market Commission

    Chile Financial Market Commission meets 2025 Capital Joven winners and flags capital market modernization policy document for first half of 2026

    Chile’s Financial Market Commission (CMF) hosted the 2025 Capital Joven Contest winners, recognizing innovative projects to enhance Chile’s capital market. Winning proposals included digital incentives for pension savings, consumption-linked pension approaches, and a secondary market for tokenized invoices. CMF officials emphasized participatory initiatives and financial education, with a Policy Document on Capital Market Modernization anticipated in early 2026.

    Financial literacy & educationMarket development
  • 2026-03-04RwandaRwanda Capital Markets Authority

    Rwanda Capital Markets Authority hosts awareness session with the Ministry of Sports to encourage athletes to invest through capital markets

    Rwanda Capital Markets Authority and the Ministry of Sports held a session for sports stakeholders, emphasizing athletes as investors. It highlighted capital markets for disciplined saving and long-term financial security. Minister of State Rwego Ngarambe stressed the importance of financial knowledge for athletes' sustainability during and after their careers.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-04GlobalOECD

    OECD Global Debt Report 2026 projects borrowing to rise to USD 29 trillion in 2026 and warns investor base shifts could increase volatility

    The OECD's Global Debt Report 2026 shows global debt markets remained resilient in 2025 despite geopolitical tensions, with record borrowing of USD 27 trillion by governments and companies. Borrowing is expected to rise to USD 29 trillion in 2026, with potential volatility from increased debt-servicing costs and reliance on leveraged investors. The report notes low volatility and improving liquidity in the USD 109 trillion global bond market, projecting sovereign bond issuance in OECD countries to reach USD 18 trillion in 2026.

    ResearchMarket risk and volatilityFinancial stability and systemic risk
  • 2026-03-04BulgariaNational Bank of Bulgaria

    National Bank of Bulgaria governor nominates Karina Karaivanova as deputy governor to lead the Issue Department

    The National Bank of Bulgaria has nominated Karina Karaivanova for deputy governor and head of the Issue Department. This follows the National Assembly's decision to initiate the election process for this role. Karaivanova brings extensive experience from senior positions in public finance and the financial sector.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-04GlobalInternational Monetary Fund

    International Monetary Fund and Thailand’s authorities review preparations for the 2026 IMF and World Bank Group Annual Meetings in Bangkok

    The International Monetary Fund, Thailand’s Ministry of Finance, and the Bank of Thailand updated on preparations for the 2026 IMF and World Bank Group Annual Meetings in Bangkok. Progress was reported in construction, security, and branding, focusing on the theme “Thailand’s New Horizons: Empowering People, Building Resilience.” The Bank of Thailand aims to advance a "Safe and Inclusive Digital Finance for Financial Wellbeing" agenda during the meetings.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-04MexicoCONDUSEF

    Mexico's National Commission for the Protection and Defence of Users of Financial Services renews Profuturo Afore recognition for service standards for older adults

    Mexico's CONDUSEF renewed Profuturo Afore’s “Commitment to Serving Older Adults” badge for dignified service. The renewal was based on complaint trends and measures like personalized service and accessibility. CONDUSEF urged other financial institutions to adopt similar standards for users needing priority attention.

    Policy & regulationImplementation, projects & pilotsConsumer and investor protection
  • 2026-03-04MoldovaNational Bank of Moldova

    National Bank of Moldova releases podcast episode on capital market development and the planned launch of a new stock exchange

    The National Bank of Moldova's "Sensul banilor" podcast episode eight discussed capital market development. Governor Anca Dragu highlighted preparations for market infrastructure, including legislative adjustments and cooperation with the Bucharest Stock Exchange. Veronica Arpintin, CEO of the Moldova International Stock Exchange, detailed plans for obtaining a licence and launching the exchange in 2026, with initial offerings of bonds and shares.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-04IndiaSecurities & Exchange Board of India

    Securities and Exchange Board of India issues custodian guidelines strengthening governance, risk controls and IT resilience while easing vault and reporting rules

    The Securities and Exchange Board of India (SEBI) issued a circular detailing operational conditions under the amended SEBI (Custodian) Regulations, 1996. Key updates include activity segregation, outsourcing boundaries, vault requirements, and enhanced compliance and governance frameworks. SEBI also eliminated several redundant periodic reports to streamline reporting processes.

    Policy & regulationRules & requirementsClient asset custody and safekeeping
  • 2026-03-04IndiaSecurities & Exchange Board of India

    Securities and Exchange Board of India introduces annual AIF activity reporting with streamlined quarterly filings on the SEBI Intermediary Portal

    The Securities and Exchange Board of India has revised the reporting requirements for Alternative Investment Funds (AIFs), transitioning from a quarterly to an annual reporting format with a supplementary quarterly report. Submissions will now be made online via the SEBI Intermediary Portal, replacing the previous system. The changes, effective immediately, supersede the reporting provisions in SEBI’s May 2024 master circular.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-03-04San MarinoCentral Bank of San Marino

    Central Bank of San Marino visits Banque de France to develop cooperation on financial education

    The Central Bank of the Republic of San Marino visited Banque de France to explore cooperation on financial education, focusing on exchanging institutional experience and strategic priorities. Banque de France expressed willingness to support San Marino's financial education programme, emphasizing European integration and strengthening links with EU supervisory authorities. Discussions highlighted the importance of financial education in promoting informed decision-making and financial stability, particularly for women and vulnerable groups.

    Policy & regulationCooperationFinancial literacy and education
  • 2026-03-04South AfricaSouth Africa Financial Sector Conduct Authority

    South Africa Financial Sector Conduct Authority renews top leadership with five-year reappointments of commissioner and two deputy commissioners

    South Africa's Minister of Finance has reappointed Unathi Kamlana as Commissioner of the Financial Sector Conduct Authority (FSCA) for another five-year term, along with deputy commissioners Katherine Gibson and Farzana Badat. Deputy Commissioner Astrid Ludin will step down at the end of her term on 31 May 2026, and the process to appoint her replacement and a fourth deputy commissioner will commence soon.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-04OmanOman Financial Services Authority

    Oman Financial Services Authority reviews industrial facilities insurance coverage challenges and safety requirements

    The Oman Financial Services Authority held a session to address challenges industrial facilities face in securing insurance and propose improvements. It revealed a disconnect between insurers and industrial establishments on insurance requirements and safety standards, with insurers often classifying facilities as high-risk. Discussions aimed to enhance risk management and compliance to improve insurance access and support industrial activities.

    Policy & regulationImplementation, projects & pilotsRisk management
  • 2026-03-04SerbiaNational Bank of Serbia

    National Bank of Serbia publishes February 2026 RTGS and clearing statistics showing 17.6 million payments and 100% availability

    The National Bank of Serbia reported 100% system availability for its RTGS and Clearing systems in February 2026, processing 17.6 million payments over 18 days. RTGS handled 92.8% of transactions, with a turnover of RSD 15,250.4 billion, while the Clearing system processed 7.2% of transactions, totaling RSD 25.8 billion. Additionally, the interbank and international foreign exchange clearing systems processed EUR 169.6 million with full availability.

    Data & statisticsPayments and payment systems
  • 2026-03-04BrazilBrazilian Superintendence of Private Insurance (SUSEP)

    Brazilian Superintendence of Private Insurance grants 88i Seguradora Digital definitive authorisation to operate nationwide as an S4 insurer

    The Brazilian Superintendence of Private Insurance (SUSEP) has granted 88i Seguradora Digital S.A. definitive authorization to operate property, casualty, and personal insurance nationwide in the S4 segment, lifting previous sandbox constraints. Issued via DIORE/SUSEP Ordinance No. 110, this supports expansion into new products beyond the innovation program. SUSEP's sandbox program has selected 20 insurers across three editions, with six receiving definitive authorization and seven undergoing conversion processes.

    SupervisionAuthorisations & approvalsLicence approvalRegulatory sandbox
  • 2026-03-04BrazilBrazilian Superintendence of Private Insurance (SUSEP)

    Brazilian Superintendence of Private Insurance opens consultation on draft rules for operating personal insurance risk coverages

    The Brazilian Superintendence of Private Insurance (SUSEP) has initiated Public Consultation Notice No. 01/2026 to gather feedback on a draft resolution by the National Council of Private Insurance, outlining general characteristics for risk coverages in personal insurance. This proposal, part of SUSEP's 2026 regulatory plan, aims to update the framework following Law No. 15.040/2024, focusing on improved definitions to enhance contract interpretation and predictability. SUSEP intends to revise SUSEP Circular No. 667/2022 to establish complementary operational rules.

    Policy & regulationRules & requirementsOther
  • 2026-03-04BotswanaBank of Botswana

    Bank of Botswana opens regulatory sandbox applications focused on digital banks, inclusive payments and interoperability solutions

    The Bank of Botswana invites applications for its Regulatory Sandbox, focusing on digital banks, inclusive payments, and interoperability solutions to foster an inclusive digital economy. The sandbox offers a controlled environment for testing innovative financial products under regulatory supervision, with participants expected to comply with guidelines and engage with the regulator. Applications must be submitted online via the Bank's Fintech Portal by 31 March 2026.

    SupervisionInnovation & testingFintech and insurtech
  • 2026-03-04Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority warns public about bank-related phishing and fraudulent websites

    The Hong Kong Monetary Authority issued a public alert regarding bank-related scams involving fraudulent websites and phishing schemes targeting The Bank of East Asia, Shanghai Commercial Bank, Chong Hing Bank, and Bank Julius Baer. The HKMA emphasized that banks will not send SMS or emails with embedded hyperlinks for transactions or request sensitive information like passwords via phone, email, or SMS.

    SupervisionAlertsFraud and scams
  • 2026-03-04EuropeEuropean Council

    European Council outlines Savings and Investment Union priorities and digital euro roadmap with 2026 legislation target 2027 pilot and potential issuance around 2029

    The European Council shared remarks by the Eurogroup President at the European Investment Bank Forum, emphasizing a competitiveness-focused agenda via the Savings and Investment Union and digital finance modernization. The speech highlighted Europe's EUR 1.4 trillion savings, low R&D intensity, and venture capital investment compared to the U.S., advocating for distributed ledger technology and tokenisation to enhance financial market infrastructure. The digital euro's progress was noted, with a pilot planned for 2027, contingent on legislative and system readiness by 2029.

    Policy & regulationReform agendas & prioritiesFintech and insurtechMarket development
  • 2026-03-04ThailandBank of Thailand

    Bank of Thailand reaffirms Bangkok readiness for the 2026 IMF and World Bank Group Annual Meetings and highlights an SIDF digital finance blueprint

    The Bank of Thailand, Thailand’s Ministry of Finance, and the International Monetary Fund reported progress on preparations for the 2026 Annual Meetings of the IMF and World Bank Group in Bangkok. The theme, “Thailand’s New Horizons: Empowering People, Building Resilience,” aligns with the Bank of Thailand's agenda on "Safe and Inclusive Digital Finance for Financial Wellbeing."

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-04South KoreaSouth Korea Financial Services Commission

    South Korea Financial Services Commission launches private-public consultative body to shape security token rules and infrastructure ahead of February 2027 law

    The South Korea Financial Services Commission has launched a consultative body to develop rules and market infrastructure for the amended security token framework effective February 2027. The initiative aims to create a scalable digital finance ecosystem, reassess investor protection under the Financial Investment Services and Capital Markets Act, and prepare for future payment and settlement arrangements. The body will operate through four subdivisions with private-sector support, engaging in intensive discussions throughout 2026.

    Policy & regulationImplementation, projects & pilotsTokenization
  • 2026-03-04South KoreaSouth Korea Financial Supervisory Service

    South Korea Financial Supervisory Service reports 2025 IPO proceeds rose to KRW4.5 trillion as pricing stayed within bands but overheating risks emerged

    South Korea's Financial Supervisory Service reported a rise in 2025 IPO proceeds to KRW4.5 trillion, with 76 companies going public. Improvements in bookbuilding and underwriter accountability led to disciplined pricing, though signs of overheating emerged as most deals priced at the top of their bands. Institutional lock-up commitments and retail demand surged, with subscription competition rates peaking at 1,379:1 in late 2025.

    SupervisionRisk monitoring & watch pointsSecurities offerings and listings