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2026-02-09•Europe•European Central Bank
The European Central Bank is intensifying its focus on geopolitical risk in banking supervision, requiring banks to conduct a 2026 reverse stress test for severe scenarios depleting capital by 300 basis points. Supervisory Board member Sharon Donnery highlighted plans to publish a system-wide overview in the summer and discussed efforts to simplify capital buffer rules, streamline securitisation approvals, and set expectations for AI controls and a digital euro.
SupervisionReviews, inspections & stress testsGeopolitical risk
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2026-02-09•Japan•Bank of Japan
The Bank of Japan's preliminary January 2026 data shows a 3.5% year-on-year increase in average outstanding loans across major, regional, and shinkin banks, with deposits and certificates of deposit rising 0.8% among city, regional, shinkin, and other domestically licensed banks. Average outstanding loans amounted to JPY 5,845,911 (JPY 100 million units) and deposits and CDs to JPY 10,610,860 (JPY 100 million units), with notable growth in lending at major and regional banks.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-02-09•Indonesia•Ministry of Finance (Indonesia)
Thomas A.M. Djiwandono was inaugurated as a Deputy Governor of Bank Indonesia for the 2026-2031 term, following a presidential decree, with the ceremony attended by key finance officials. Djiwandono previously served as Deputy Finance Minister under Presidents Joko Widodo and Prabowo Subianto.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Netherlands•Dutch Authority for the Financial Markets
The Dutch Authority for the Financial Markets released a keynote speech by board member Hanzo van Beusekom on the Savings and Investments Union (SIU) at a symposium of the Institute for Financial Law. Van Beusekom emphasized the need for simplification, harmonisation, and modernisation to enhance Europe's capital markets and supervision.
Policy & regulationReform agendas & prioritiesMarket development
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2026-02-09•Global•International Monetary Fund
The International Monetary Fund's 2026 consultation on the Eastern Caribbean Currency Union highlighted post-pandemic growth but noted fiscal consolidation delays, stalled public debt reduction, and financial vulnerabilities. Recommendations included prioritizing fiscal sustainability, enhancing financial system resilience, addressing non-performing loans, achieving a 60% GDP debt target by 2035, and strengthening regional financial oversight and standards.
Policy & regulationReform agendas & prioritiesEconomic data and developmentsFinancial stability and systemic risk
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2026-02-09•Trinidad & Tobago•Ministry of Finance (Trinidad & Tobago)
Trinidad and Tobago’s Ministry of Finance released a summary of the IMF's preliminary assessment from the 2026 Article IV Consultation, highlighting economic recovery driven by the non-energy sector, projected GDP growth, and a stable macro-financial environment. The report noted successful sovereign bond issuance, public financial management reforms, and advancements in financial-sector regulations, with the final report pending IMF Executive Board review.
ResearchEconomic data and developments
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2026-02-09•United States•Federal Reserve Bank of New York
The Federal Reserve Bank of New York's January 2026 Survey of Consumer Expectations reports stable medium- and long-term inflation expectations, a decline in one-year-ahead expectations to 3.1%, and modest improvements in labor market outlooks, including a rise in expected earnings growth to 2.7% for lower-income households. Inflation uncertainty decreased at one and three years but increased at five years, while expected home price growth fell to 2.9%, and credit access perceptions worsened despite steady spending growth expectations.
Data & statisticsEconomic data and developments
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2026-02-09•Cape Verde•Ministry of Finance (Cape Verde)
Cape Verde’s Ministry of Finance announced that S&P Global Ratings upgraded the country's long-term sovereign credit ratings to B+ from B, with a positive outlook, and raised the transfer and convertibility assessment to BB. The upgrade reflects stronger fiscal and external performance driven by tourism and remittances, with expectations of government primary surpluses and a reduced public-debt-to-GDP ratio. S&P noted potential for further rating increases if fiscal performance exceeds expectations, while cautioning that weaker tourism or fiscal setbacks could apply downward pressure.
Data & statisticsCredit ratings
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2026-02-09•Colombia•Central Bank of Colombia
The Central Bank of Colombia released an External Operational and Services Circular (DEP-474, Subject 02) regarding COP 5,000 banknotes, available as a standalone PDF.
Policy & regulationGuidance & interpretationOther
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2026-02-09•Europe•European Banking Authority
The European Banking Authority has launched a public consultation on a discussion paper exploring preliminary options to simplify the EU credit risk framework, aiming to enhance usability and efficiency. The consultation, open until 10 May 2026, seeks stakeholder feedback to inform future policy work, including potential simplifications and alignment of regulatory definitions.
Policy & regulationReform agendas & prioritiesCredit risk
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2026-02-09•Bermuda•Bermuda Monetary Authority
The Bermuda Monetary Authority has issued a stakeholder letter on feedback to its July 2025 discussion paper on responsible AI use in Bermuda’s financial services sector, explaining how this informs ongoing policy work and confirming no new AI-specific rules are planned. Its approach will remain outcomes-focused, principles-led and technology-neutral within the existing framework, embedding AI into current governance, risk, conduct, resilience and third-party oversight, with boards accountable for AI outcomes. The Authority will monitor AI under existing rules, address cross-border and third-party concentration risks, and consider incremental enhancements through its standard consultation process.
Policy & regulationGuidance & interpretationArtificial intelligence
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2026-02-09•Libya•Central Bank of Libya
The Central Bank of Libya has invited commercial banks to subscribe to Issue No. 4-2026 of unrestricted Mudaraba deposit certificates, following the procedures used in earlier issuances and the tenors and maturity dates in the subscription announcement.
Monetary policyMonetary policy instruments & operationsOther
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2026-02-09•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario imposed a CAD 7,500 penalty on Nataly Belinska and issued a compliance order against Belinska and Happy Future Centre for charging for unprovided goods or services, violating section 439 of the Act and section 3(2), paragraph 1, of Ontario Regulation 7/00.
EnforcementInvestigations & enforcement actionsConsumer and investor protection
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2026-02-09•Luxembourg•Luxembourg Commission de Surveillance du Secteur Financier
The Luxembourg Commission for the Supervision of the Financial Sector (CSSF) has launched the annual "PSD2 – PSP ICT Assessment campaign" for 2025, mandating payment service providers to submit updated risk assessments for payment services. This initiative is governed by CSSF Circular 25/880, with submissions to be made through specified methods and supported by a user guide available via the eDesk procedure.
SupervisionReviews, inspections & stress testsRegulatory reporting
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2026-02-09•Luxembourg•Luxembourg Commission de Surveillance du Secteur Financier
The Luxembourg Commission de Surveillance du Secteur Financier has updated the Self-Assessment Questionnaire and reporting pack for collective investment undertakings on the CSSF eDesk platform for financial year-ends in early 2026. Key changes include enhanced valuation questions, updates to NAV determination aligning with the AIFM/UCITS Review Directive, and refined expenses and income templates. Auditor procedures in the Separate Report have been streamlined on a risk-based basis, with adjustments in investment compliance and disclosure.
Policy & regulationGuidance & interpretationRegulatory reporting
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2026-02-09•Russia•Central Bank of Russia
The Central Bank of Russia reported a decline in the average maximum interest rates on Russian ruble household deposits from 15.10% to 14.57% throughout January 2026, based on data from the top 10 credit institutions by retail deposits. Rates varied by maturity, with the highest at 14.30% for 91–180 days and the lowest at 12.01% for over one year, excluding special-category and conditional rates.
Data & statisticsFinancial and market indicators
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2026-02-09•Uganda•Bank of Uganda
Bank of Uganda left the Central Bank Rate unchanged at 9.75 % and kept the ±2 pp corridor, judging the stance sufficient to sustain growth while guiding inflation to the 5 % target. Headline/core inflation were 3.2 %/3.3 % in January, the bank projects 2026 inflation at 3.8–4.3 % and FY 2025/26 growth at 6.5–7 %, and said future moves will be data-dependent.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-02-09•Seychelles•Seychelles Financial Services Authority
The Seychelles Financial Services Authority issued a warning that BiteBTC and Fedlio are conducting unauthorized activities under the Virtual Asset Service Providers Act 2024, as they are not registered under the International Business Companies Act 2016. The FSA advises consumers to verify the licensing of Virtual Asset Service Providers and report any suspected unlicensed activities.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-02-09•Serbia•National Bank of Serbia
The National Bank of Serbia's semi-annual analysis from December 2012 to December 2025 shows dinar savings were consistently more profitable than foreign-currency savings, with significant growth in both categories in 2025. The bank emphasizes continued monitoring and promotion of dinar savings as a key focus, citing factors like exchange-rate stability and favorable taxation as contributors to dinar savings' higher profitability.
ResearchFinancial and market indicatorsMonetary data
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2026-02-09•Sweden•Riksbank
The General Council of Sweden's Riksbank appointed Göran Hjelm as Deputy Governor, replacing Anna Breman, for a six-year term starting 2 March 2026. Hjelm, currently Administrative Director and Head of the Fiscal Policy Council, will join the Executive Board alongside Governor Erik Thedéen and others. His appointment includes a monthly salary of SEK 238,000 and a one-year cooling-off period.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Peru•Superintendencia de Banca, Seguros y AFP del Peru
Peru's Superintendency of Banking, Insurance and Private Pension Fund Administrators has ordered the dissolution of Cooperativa de Ahorro y Crédito Integraperu and informed member-depositors about deposit protection. Deposits are insured by the Cooperative Deposit Insurance Fund up to PEN 5,000 per depositor, in accordance with Law No. 30822 and SBS Resolution No. 5061-2008. Collection process details will be announced soon via the Cooperative Deposit Insurance Fund and SBS websites.
SupervisionInterventionsConsumer and investor protection
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2026-02-09•Jordan•Jordan Securities Commission
The Jordan Securities Commission admitted four startups to the JoRegBox regulatory sandbox for live testing of financial solutions. The sandbox aims to align regulation with innovative business models and is coordinated with the Central Bank of Jordan to develop a transparent framework for virtual assets. JoRegBox operates under Central Bank supervision, ensuring consumer protection and financial system stability.
SupervisionInnovation & testingFintech and insurtech
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2026-02-09•France•Bank of France
Bank of France Governor François Villeroy de Galhau will leave his position in early June to become president of Fondation Apprentis d’Auteuil, succeeding Jean-Marc Sauvé. The Bank’s General Council has approved this transition, which allows for an orderly succession process. The foundation focuses on child social welfare and training for disadvantaged youth.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Global•Bank for International Settlements - Innovation Hub
The Bank for International Settlements announced that François Villeroy de Galhau will step down as Chair of the BIS Board of Directors in June to lead the Fondation Apprentis d'Auteuil. Villeroy de Galhau has been with the BIS Board since 2015 and became Chair in 2022. The BIS Board will soon start the process of appointing a new Chair.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Cyprus•Cyprus Securities and Exchange Commission
The Cyprus Securities and Exchange Commission has released Tender No. 10/2025 for auditing its financial statements from 2025 to 2029. Tender documents are accessible on CySEC's website.
Institutional developmentProcurementAuditing
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2026-02-09•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senator Elizabeth Warren, Senate Democratic Leader Chuck Schumer, and Representative Maxine Waters, with nearly 200 Congress members, filed an amicus brief opposing the Trump Administration's efforts to dismantle the Consumer Financial Protection Bureau (CFPB), claiming it has cost Americans up to 19 billion USD. The brief, submitted before a U.S. Court of Appeals for the D.C. Circuit hearing, argues that actions like stop-work orders and mass firings effectively shutter the CFPB.
Policy & regulationOther
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2026-02-09•Oman•Oman Financial Services Authority
The Oman Financial Services Authority held a workshop to discuss 2025 AML/CFT supervisory progress and present the Risk Assessment Questionnaire requirements for licensed companies. Key topics included inspection observations, updates to data collection questionnaires, and common data submission errors. The FSA emphasized the importance of accurate data, comprehensive risk assessments, and effective compliance officer functions.
Policy & regulationGuidance & interpretationAML and CFT
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2026-02-09•United States•Commodity Futures Trading Commission
The Commodity Futures Trading Commission's Office of Customer Education and Outreach is leading a campaign to warn against relationship investment scams, costing Americans USD 10 billion annually, through the DatingOrDefrauding? social media initiative. This effort, in collaboration with U.S. federal and state agencies and international bodies, highlights red flags of scams involving crypto investments and aims to educate the public during Valentine's week.
Financial literacy & educationFraud and scams
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2026-02-09•Europe•European Association of CCP Clearing Houses
The European Association of CCP Clearing Houses published an interview with María José Gómez Yubero, Head of Resolution at Spain’s National Securities Market Commission, discussing the future of central counterparty clearing, emphasizing technological advancements and evolving crisis management frameworks. Gómez Yubero highlights the importance of interoperability, coordinated supervision, and a diversified clearing ecosystem in Europe.
Other
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2026-02-09•Europe•Authority for Anti-Money Laundering and Countering the Financing of Terrorism
The Authority for Anti-Money Laundering and Countering the Financing of Terrorism has initiated public consultations on three draft Regulatory Technical Standards to harmonize customer due diligence across the EU, focusing on business relationships, customer identity verification, and enforcement. Stakeholders are invited to provide feedback, with an online hearing set for 24 March 2026.
Policy & regulationRules & requirementsAML and CFT
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2026-02-09•Caribbean•Eastern Caribbean Central Bank
The Eastern Caribbean Central Bank emphasized the Eastern Caribbean Partial Credit Guarantee Corporation's (ECPCGC) support for small business lending in the Eastern Caribbean Currency Union, facilitating over 300 loans worth XCD 30 million since 2018. Established with the World Bank, ECPCGC offers five guarantee products, including the new Growth Guarantee, to help entrepreneurs access collateral for business loans.
Financial literacy & educationSME financing
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2026-02-09•Saudi Arabia•Saudi Arabia Capital Markets Authority
Saudi Arabia's Capital Market Authority confirmed that Rikaz Alwataniya Company Finance has fulfilled the requirements to begin managing investments and operating funds under a securities business licence approved on May 5, 2025, in accordance with the Capital Market Law.
SupervisionAuthorisations & approvalsLicence approval
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2026-02-09•Mexico•CONDUSEF
Mexico's National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) issued an alert after nine financial institutions reported identity impersonation. The impersonators allegedly used the institutions' names and logos to deceive individuals seeking credit or financial services. Notifications were received in December 2025, affecting institutions including Impulso y Bienestar, Grupo Factofin, and Vextor Activo.
SupervisionAlertsFraud and scams
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2026-02-09•Slovenia•Slovenia Insurance Supervision Agency
The Slovenia Insurance Supervision Agency released an explainer on Slovenia's pension system, detailing its three-pillar model under the Pension and Disability Insurance Act (ZPIZ-2) and highlighting demographic pressures on mandatory pensions. Future instalments will provide in-depth analysis of each pillar, starting with the first.
Financial literacy & educationOther
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2026-02-09•Georgia•National Bank of Georgia
The National Bank of Georgia's Governor, Natia Turnava, met with Visa's Regional President, Tareq Muhmood, to discuss payment market developments, NBG reforms, and cooperation opportunities, focusing on payment system development, innovative projects, and operational security. Both parties affirmed their commitment to ongoing collaboration in financial education, information exchange, and technology adoption.
Policy & regulationCooperationCross-border cooperationPayments and payment systems
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2026-02-09•United Kingdom•Open Banking Limited
Open Banking Limited has appointed Rt Hon John Glen MP as an Independent Non-Executive Director to its board as it transitions to a new "Future Entity." The organization is collaborating with industry, regulators, and government to ensure a smooth transition, with forthcoming publications and initiatives such as the Long-Term Regulatory Framework and the UK Payments Initiative's launch of commercial variable recurring payments.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Spain•Spanish Securities Commission (CNMV)
The Spanish Securities Commission (CNMV) issued an alert via the Finanzas Para Todos initiative about the rise of sophisticated online romance scams using artificial intelligence to create credible fake profiles. The alert outlines typical scam patterns, provides 10 red flags, and recommends steps for protection, noting that Meta closed 12 million scam-related accounts in the first half of the previous year.
SupervisionAlertsFraud and scams
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2026-02-09•Tanzania•Tanzania Insurance Regulatory Authority
The Tanzania Insurance Regulatory Authority convened the first session of its Fourth Staff Council meeting, emphasizing staff accountability and performance to achieve the Corporate Strategic Plan and effectively implement the fiscal year 2026/2027 budget. The meeting, which includes discussions on budget priorities and a review of the draft budget, is set to conclude on 10 February 2026.
Institutional developmentGovernanceOperational excellence
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2026-02-09•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission announced that the District Court sentenced Li King Hong and Lam Hin Fai to 24 and 22 months in prison, respectively, for securities fraud involving social media "stock tips" and ramp-and-dump schemes. Their wives, Chan Ngai See and Betty Hui Pui Yan, were ordered to perform community service for their roles in the schemes, which generated $3.3 million in profits through deceptive practices with CVP Securities.
EnforcementInvestigations & enforcement actionsMarket abuse
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2026-02-09•Italy•Italian Institute for Insurance Supervision (IVASS)
The Italian Institute for Insurance Supervision (IVASS) has ordered the blocking of four unauthorized insurance websites, to be enforced by internet service providers in Italy. This action brings the total number of blocked sites to 346 since November 2023. IVASS advises consumers to verify insurance providers through official lists and be wary of offers via instant messaging or prepaid credit card payments.
SupervisionInterventionsFraud and scams
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2026-02-09•Cambodia•Securities and Exchange Regulator of Cambodia
The Securities and Exchange Regulator of Cambodia reported on a joint meeting of the ASEAN Working Committee on Capital Market Development and the ASEAN Capital Markets Forum, co-chaired with Singapore and the Philippines. The meeting focused on updating the joint framework and reviewing ASEAN capital market development priorities, particularly sustainable finance initiatives. Key discussions included the ASEAN Economic Community Strategic Plan 2026–2030, ASEAN Sustainable and Green Taxonomies Project, and various working group activities, with participation from 11 countries and international observers.
Policy & regulationCooperationClimate risk and sustainable finance
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2026-02-09•Cambodia•Securities and Exchange Regulator of Cambodia
The Securities and Exchange Regulator of Cambodia and the Monetary Authority of Singapore co-chaired the ASEAN Working Committee on Capital Market Development meeting in Bohol, Philippines. This meeting was held under the coordination of the ASEAN Secretariat for the 2024–2026 term.
Policy & regulationCooperationMarket developmentDomestic cooperation
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2026-02-09•South Korea•South Korea Financial Supervisory Service
South Korea's Financial Supervisory Service outlined its 2026 priorities, focusing on internal reform, consumer-first approaches, financial stability, shared growth, and innovation. Key initiatives include enhancing supervision transparency, accelerating digitalisation, intensifying market condition monitoring, and strengthening consumer protection and investor safeguards.
SupervisionSupervision approach, priorities & toolkitArtificial intelligenceSupervision process and methodologies
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2026-02-09•Global•IOSCO
The International Organization of Securities Commissions (IOSCO) released its 2026 Work Program, highlighting five priorities: financial resilience, investor protection, market evolution, technological transformation, and regulatory cooperation. Key initiatives include reviewing IOSCO principles, over-the-counter derivatives, and operational resilience. IOSCO will focus on investor protection via a TechSprint with the UK Financial Conduct Authority and develop crypto and digital assets assessment methodologies.
Policy & regulationReform agendas & prioritiesClimate risk and sustainable finance
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2026-02-09•Germany•BaFin
Germany's Federal Financial Supervisory Authority (BaFin) has set new position limits for German Power Future (Base) and German Power Option (Base) contracts on the European Energy Exchange AG, effective 20 February 2026. The limits are 21,000,000 MWh for the spot month and 52,000,000 MWh for other months, with immediate enforceability, and may be adjusted if new facts arise.
Policy & regulationRules & requirementsMarket infrastructure
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2026-02-09•Croatia•Croatian Financial Services Supervisory Agency
The Croatian Financial Services Supervisory Agency marked its 20th anniversary in Zagreb, emphasizing its role in enhancing Croatia's financial system stability and consumer protection. Prime Minister Andrej Plenković highlighted significant capital market developments, noting 400,000 citizens invested EUR 13.7 billion in national bonds and treasury bills. The agency's evolution includes milestones such as European integration, pension reform, and adapting to technological changes.
Other
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2026-02-09•Austria•Austrian National Bank (OeNB)
Wolf Heinrich Reuter has been appointed as the chief economist of the Austrian National Bank (OeNB), leading its Economics Department and overseeing the macroeconomic and economic policy agenda as of 1 February 2026.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Sweden•Finansinspektionen
The Swedish Financial Supervisory Authority reported that Swedish consumers lost up to SEK 1.5 billion to investment fraud in 2025, based on data from around 200 financial institutions. The authority emphasized the need for firms to enhance anti-fraud measures, noting common fraud tactics such as phone or social media contact, inducements to invest in cryptoassets, and pressure to transfer funds abroad.
SupervisionAlertsFraud and scams
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2026-02-09•Norway•Department of Finance (Norway)
Kåre Idar Moljord has resigned as chair of Norway's Financial Supervisory Appeals Board to prevent potential impacts on the board's mandate and integrity, with Deputy Chair Morten Kinander assuming the role of acting chair.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission’s Technology and Digital Transformation Department is seeking cost quotations from qualified providers to evaluate the detailed design of a comprehensive IT system aimed at enhancing the commission’s management and supervisory functions.
Institutional developmentProcurementOutsourcing and third-party risk management
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2026-02-09•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission announced a fee of VND 1,000,000 for the issuance of securities practising certificates, payable via bank transfer or in person. Individuals must complete the payment process as per Ministry of Finance Circular 25/2022. Failure to collect the certificate within one year will result in cancellation.
Policy & regulationRules & requirementsLicensing and supervisory fees
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2026-02-09•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission (SSC) has mandated seven individuals to pay a VND 1,000,000 licensing fee for securities practice certificates, as per Ministry of Finance Circular 25/2022/TT-BTC. Payment can be made via bank transfer or directly at the SSC. Failure to complete the certification process within one year will result in certificate cancellation.
Policy & regulationRules & requirementsLicensing and supervisory fees
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2026-02-09•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission announced a VND 1,000,000 fee for reissuing a securities practice certificate, payable via bank transfer or in person. The payment reference must include the certificate holder's details. Certificates not collected within one year of the fee-payment notice will be cancelled.
Policy & regulationGuidance & interpretationLicensing and supervisory fees
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2026-02-09•Morocco•Moroccan Capital Markets Authority
The Moroccan Capital Markets Authority has approved the annual update of the information dossier for OCP SA’s commercial paper issuance programme.
SupervisionAuthorisations & approvalsSecurities offerings and listings
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2026-02-09•Nigeria•Central Bank of Nigeria
The Central Bank of Nigeria revised cash-withdrawal policies, setting weekly limits of NGN 500,000 for individuals and NGN 5 million for corporates, with fees on excess amounts. Banks must reduce electronic-fraud response times to under 30 minutes, and the Payments System Vision 2028 will launch in Q1 2026. Additionally, 20 deposit money banks have met revised minimum capital requirements ahead of the 31 March 2026 deadline.
Policy & regulationRules & requirements
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2026-02-09•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission reprimanded and fined Kylin International (HK) Co., Limited HKD 9 million for regulatory failures in managing private funds, including conflicts of interest, inadequate systems for know-your-client, and misrepresentations to investors. The sanctions considered deterrence, market impact, and Kylin's cessation of regulated activities, with senior management held accountable for the misconduct.
EnforcementInvestigations & enforcement actionsCorporate governance
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2026-02-09•Nigeria•Central Bank of Nigeria
The Central Bank of Nigeria and the Nigerian Communications Commission have issued a National Framework on Failed Airtime and Data Transactions to standardize identification and reversal of failed transactions. It mandates unified service level agreements, real-time transaction visibility, and automated refunds within 30 seconds. It also establishes oversight mechanisms, including a central monitoring dashboard and provisions for audits and penalties for non-compliance.
Policy & regulationRules & requirementsPayments and payment systems
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2026-02-09•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has released an updated model contract for group insurance for microfinance customers, covering death and permanent total disability. Key changes include raising the maximum insurable age to 65 and specifying coverage terms and exclusions. Decision No. 27 of 2026 replaces the previous model and mandates a six-month compliance period for insurers and financing entities.
Policy & regulationRules & requirementsOther
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2026-02-09•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has launched an updated electronic system for the Egyptian Movable Collateral Registry, enabling the use of movable assets as collateral. Key features include 24/7 electronic registration, interoperability with other platforms, multiple payment channels, and enhanced data security. The system aims to widen access to finance for small, medium, and micro enterprises using assets like equipment and intellectual property without transferring possession.
Policy & regulationImplementation, projects & pilotsSME financing
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2026-02-09•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has launched an upgraded electronic system for the Egyptian Movable Collateral Registry, enhancing access to financing secured by movable assets. Operating 24/7, it allows electronic registration and notification of creditors and supports integration with systems like e-invoice and digital identity platforms. It aims to broaden credit access for small, medium, and micro enterprises using assets like equipment and intellectual property.
Policy & regulationImplementation, projects & pilotsOther
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2026-02-09•South Korea•Bank of Korea
The Bank of Korea published an issue note saying Korea’s rising number of “Resting” youth is linked more to labor market entry difficulties than to elevated job expectations. It finds lower education, lower career adaptability and longer non-employment increase the likelihood of becoming “Resting,” while reservation wages remain broadly similar to those of other non-employed youth. The note points to re-entry incentives, career counseling and better SME working conditions as key policy responses.
ResearchOther
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2026-02-09•South Korea•Bank of Korea
The Bank of Korea published a feasibility study on Korean climate benchmark indexes modeled on EU Paris-aligned and climate transition benchmarks. Its simulations suggest K-PAB and K-CTB could track KOSPI while materially lowering carbon intensity. The study says limited climate data and weak investor demand are the main constraints on adoption.
ResearchClimate risk and sustainable financeFinancial benchmarks
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2026-02-09•Saudi Arabia•Ministry of Finance (Saudi Arabia)
Saudi Arabia's Ministry of Finance concluded the second AlUla Conference on Emerging Market Economies, focusing on fiscal and macroeconomic policy management amid shocks, private sector-led growth, and economic transformation. Discussions included Saudi Arabia's fiscal reforms under Vision 2030, fiscal frameworks for resilience, and the state's role in enabling growth, with closing remarks emphasizing the need for ongoing dialogue and practical policy implementation.
Policy & regulationReform agendas & prioritiesOther
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2026-02-09•Chile•Chile Financial Market Commission
The Chile Financial Market Commission has released a draft Regulatory Compendium for consultation to modernize the framework for stock and commodity exchanges and intermediaries. The proposal consolidates 78 regulations, changes authorization processes, and aligns frameworks for securities intermediaries and commodity brokers under the Fintech Act. Feedback is sought on the relevance of provisions and potential implementation challenges.
Policy & regulationRules & requirementsMarket infrastructure
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2026-02-09•Chile•Chile Financial Market Commission
Chile's Financial Market Commission revised rules for Compulsory Personal Accidents Insurance (SOAP) and insurance for vehicles with foreign plates (SOAPEX) to align with the Jacinta Act, enhancing compensation and expediting death benefit payments. New policies set benefits for death and total permanent disability at UF 600 per person, partial disability at up to UF 400, and hospital expenses at up to UF 600. Amendments apply to new policies, with existing ones valid until March 2027.
Policy & regulationRules & requirements
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2026-02-09•Global•Bank for International Settlements
François Villeroy de Galhau will leave the Bank of France in June to become President of the Fondation Apprentis d'Auteuil, stepping down as Chair of the Bank for International Settlements (BIS) Board of Directors. Villeroy de Galhau has been a BIS Board member since 2015 and Chair since January 2022. The BIS Board will soon start the process of appointing a new Chair.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Global•AFI Global
AFI Global and Banco de Moçambique convened 13 African member institutions in Matola City to discuss enhancing cybersecurity in digital financial services, focusing on information-sharing initiatives. The program reviewed existing cyber information-sharing structures, privacy safeguards, and governance arrangements, emphasizing the need for improved coordination and robust incident-reporting frameworks. A Cybersecurity Task Team will continue to map cybersecurity information-sharing efforts across African financial regulators.
Policy & regulationCooperationCyber resilience
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2026-02-09•India•Reserve Bank of India
The Reserve Bank of India amended the Foreign Exchange Management (Borrowing and Lending) Regulations, introducing a new restriction on the end-use of borrowed funds and replacing the External Commercial Borrowing (ECB) framework. Key changes include prohibitions on using borrowed funds for specific purposes, expanded eligibility and compliance mechanics, and a borrowing limit tied to net worth. The amendments also detail reporting requirements and introduce an "untraceable borrower" trigger for non-compliance.
Policy & regulationRules & requirementsForeign exchange policy and markets
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2026-02-09•Egypt•Central Bank of Egypt
The Central Bank of Egypt's Governor, Hassan Abdalla, highlighted Egypt's shift to inflation targeting and a fully flexible exchange rate regime since March 2024 at the AlUla Conference for Emerging Market Economies. He noted the reduction in inflation from 40% to 12% and emphasized enhanced crisis preparedness through scenario analysis and stress testing. Abdalla also reported net international reserves of USD 52.6 billion, covering 6.3 months of imports and 158% of short-term external debt, focusing on improving reserve quality.
Monetary policyMonetary policy framework & strategyMonetary policy decisions and developmentsFinancial stability and systemic risk
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2026-02-09•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines reported FDI net inflows of USD 897 million in November 2025, mainly from South Korea and directed towards manufacturing, with cumulative inflows reaching USD 7.1 billion for January to November 2025. The FDI data, adhering to the Balance of Payments and International Investment Position Manual, 6th Edition (BPM6), differ from Philippine Statistics Authority figures as they are based on realized investments and account for equity withdrawals.
Data & statisticsBalance of payments and other external statistics
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2026-02-09•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway reported significant weaknesses at Kapital Regnskap AS in quality management, documentation, and Anti-Money Laundering Act compliance. Issues included inadequate quality control, insufficient documentation, and customer due diligence failures, exacerbated by outsourced tasks and remote work. The Authority requested a response on future quality assurance and plans a follow-up inspection to ensure corrective measures.
SupervisionReviews, inspections & stress testsAuditing
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2026-02-09•Vietnam•State Bank of Vietnam
The State Bank of Vietnam appointed Ms. Thai Anh Anh and Mr. Nguyen Ngoc Duy as Deputy Directors of its Legal Department, with expectations to support monetary policy administration and banking activities.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-02-09•Japan•Japan Financial Services Agency
The Japan Financial Services Agency co-hosted the Asset Owner/Gatekeeper Venture Capital Meetup with the Ministry of Economy, Trade and Industry and the Japan Venture Capital Association to foster networking and dialogue on enhancing startup investment by asset owners, featuring lectures and panels with key industry representatives.
Policy & regulationCooperationMarket development
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2026-02-09•China•Central Bank of the Republic of China
The People's Bank of China has authorized the London Branch of Bank of China Co., Ltd. to serve as the UK Renminbi (RMB) clearing bank under its Memorandum of Cooperation with the Bank of England.
SupervisionAuthorisations & approvalsLicence approval
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2026-02-09•Asia•ASEAN
ASEAN announced the Philippines will host the ASEAN Finance and Central Bank Deputies’ Meeting – Working Group (AFCDM-WG) in Panglao, Bohol from 9 to 13 February 2026, focusing on financial services integration, regulatory cooperation, and capital market development. The meetings will address sustainable ASEAN capital markets, financial health, and cross-border payments, with discussions on Timor-Leste’s accession under the ASEAN Framework Agreement on Services.
Policy & regulationCooperationCross-border cooperation
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2026-02-09•Honduras•Central Bank of Honduras
The Central Bank of Honduras and the Honduran Customs Authority announced administrative simplifications for the export sector, including a single Export Declaration for multiple Central American Single Declarations (DUCA) and a streamlined cancellation process. Exporters can adjust Export Declarations without a Customs-issued Non-Use Certificate, using the OC-7 form. The central bank is visiting exporting companies in the south, with plans to expand these visits to other sectors.
Policy & regulationRules & requirementsCross-border cooperation
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2026-02-09•New Zealand•New Zealand Financial Markets Authority
The New Zealand Financial Markets Authority accepted an enforceable undertaking from FMG Insurance Limited and Farmers’ Mutual Group after FMG admitted to breaching the Financial Markets Conduct Act by making false or misleading representations about insurance products. FMG agreed to pay NZD 2.1 million in lieu of a penalty and remediate affected customers, with commitments to enhance systems and revise policy wording to prevent future issues.
EnforcementInvestigations & enforcement actions
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2026-02-09•New Zealand•New Zealand Financial Markets Authority
The New Zealand Financial Markets Authority and the National Reserve Bank of Tonga warn of a high-risk Ponzi-style scam, BG Wealth/DSJ EX, targeting investors in Tonga and New Zealand via social media. The scam involves fraudulent cryptocurrency trading, promising 100 percent returns, linked to 813 websites and 30 entities; authorities advise against downloading the app, investing, or engaging with the scheme.
SupervisionAlertsFraud and scams
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2026-02-09•Australia•Department of Treasury (Australia)
The Australian Department of the Treasury has initiated a consultation to gather feedback on enhancing the oversight and governance of managed investment schemes, with a focus on improving scheme operations and superannuation switching oversight. The consultation runs from 9 February to 27 February 2026.
Policy & regulationReform agendas & prioritiesCorporate governance
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2026-02-09•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs Minority Staff reported that actions by the Trump Administration to limit the Consumer Financial Protection Bureau (CFPB) have cost American consumers USD 19 billion over the past year. The report highlights the dismissal of enforcement actions, rescinded rules, and reduced consumer complaint programs as key contributors to this financial impact.
ResearchConsumer and investor protection
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2026-02-09•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senator Elizabeth Warren of the U.S. Senate Committee on Banking, Housing and Urban Affairs emphasized the necessity for consumer protections in the crypto sector, citing risks of loss shifting to smaller traders without adequate enforcement.
Policy & regulationOtherConsumer and investor protectionMarket risk and volatility
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2026-02-08•Saudi Arabia•Ministry of Finance (Saudi Arabia)
Saudi Arabia's Ministry of Finance and the IMF hosted the AlUla Conference on Emerging Market Economies. Finance Minister Mohammed Aljadaan stressed international coordination for debt sustainability. Discussions covered rising public debt, borrowing costs, and reduced concessional finance, urging better debt restructuring and referencing G20 initiatives. IMF Managing Director Kristalina Georgieva highlighted policy advancements, private sector growth, and regional integration.
Policy & regulationCooperationEconomic data and developments
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2026-02-08•Algeria•Central Bank of Algeria
The Central Bank of Algeria and the International Monetary Fund hosted a high-level conference on North Africa's regional economic integration, emphasizing Algeria's potential leadership in expanding beyond energy into cross-border trade and investment. Acting Governor Mouatassem Boudiaf highlighted the importance of multilateral cooperation and infrastructure investment, focusing on renewable energy and strategic projects to enhance regional economic linkages.
Policy & regulationReform agendas & prioritiesCross-border cooperation
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2026-02-08•Israel•Bank of Israel
The Bank of Israel’s Banking Supervision Department has released a draft directive for public comment, proposing a supervisory framework for small and new banks aligned with the Basel Committee on Banking Supervision’s proportionality approach. The framework introduces supervisory tiers based on asset size, preparatory phases for new banks, and adjustments to banking directives, aiming to tailor regulatory requirements to a bank’s size, complexity, and systemic importance.
Policy & regulationRules & requirementsLicensing framework and process
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2026-02-08•Qatar•Qatar Central Bank
The Qatar Central Bank has introduced an AI-powered Virtual Assistant on its website to enhance user interaction and access to data, aligning with the Third Financial Sector Strategy and Qatar National Vision 2030.
Institutional developmentTechnology & data transformationArtificial intelligence
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2026-02-08•Saudi Arabia•Saudi Arabia Capital Markets Authority
Lesha Capital has fulfilled the commencement-of-business requirements for its securities business licence to manage investments and operate funds, as per the Saudi Arabia Capital Markets Authority's resolution from May 5, 2025.
SupervisionAuthorisations & approvalsLicence approval
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2026-02-08•Qatar•Qatar Financial Centre
The Qatar Financial Centre's participation in Web Summit Qatar 2026 led to about 2,300 business licensing applications, up from 1,600 in 2025, with over 300 companies completing registration. This rise is due to an incentives package introduced at the Summit, including waived fees and tax incentives. Additionally, QFC signed several memoranda of understanding to expand its ecosystem, partnering with entities like the Global Blockchain Business Council and Aspire Zone Foundation.
Policy & regulationImplementation, projects & pilotsLicence approval
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2026-02-08•Oman•Ministry of Finance (Oman)
Oman's Finance Ministry, led by Minister Sultan bin Salim Al Habsi, attended the second AlUla Conference for Emerging Market Economies in Saudi Arabia. The conference discussed economic policy amid global trade and financial shifts, focusing on trade, monetary policy, fiscal responses to shocks, and private sector growth in emerging economies. Participants included finance ministers, central bank governors, and international experts.
Policy & regulationCooperationOther
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has raised the maximum insurance coverage under the Government Insurance Fund for School Students to EGP 30,000 from EGP 20,000, effective 2025–2026. The decision also increases payments for natural deaths and non-school-related accidents, and introduces benefits for partial permanent disabilities, surgeries, and medical treatments. Additional provisions include medical assistance for chronic diseases and contributions for prosthetic devices.
Policy & regulationRules & requirementsOther
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority revised rules for insurance and reinsurance companies' earmarked fund investments, reducing the time to address fund insufficiencies from six to three months. Under FRA Decision No. 3 of 2026, companies must first use free funds to cover shortfalls, with the new timeframe starting from the financial position date of the deficit. Earmarked funds are for policyholder obligations, while free funds include equity and reserves.
Policy & regulationRules & requirementsCapital adequacy
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority allows securities brokerage firms to market services via approved digital platforms, with strict controls for client order transmission. This framework enhances access to capital markets through mobile devices while protecting investor data and minimizing undue influence on client decisions. Digital platforms must meet specific technology standards, and brokerage firms need FRA approval to contract with platform managers, who must be FRA-registered Egyptian joint-stock companies.
Policy & regulationRules & requirementsFintech and insurtechConsumer and investor protection
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
At the 15th CFA Society Egypt conference, Mohamed Farid, Chair of the Egypt Financial Regulatory Authority, outlined a roadmap for a "proactive regulator" focusing on integrated supervision and a technology-led model for non-banking financial activities. The strategy includes digitalisation initiatives like electronic know-your-customer (E-KYC) to reduce customer acquisition costs and broaden access. Farid highlighted significant growth in stock exchange and gold investment fund participation as indicators of market engagement.
Policy & regulationReform agendas & prioritiesFintech and insurtechFinancial literacy and education
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has increased the insured amount under the Government Insurance Fund for the Care of Egypt’s School Students to EGP 30,000 from EGP 20,000, effective from the 2025–2026 school year. The decision, the first application of Article 60 of the Unified Insurance Law, includes changes to benefits and student contributions, with enhanced support for students with disabilities.
Policy & regulationRules & requirementsOther
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has amended the insurance terms for the Government Insurance Fund for Al-Azhar education students, raising the coverage ceiling to EGP 30,000 from EGP 20,000. The per-student contribution is EGP 19.23 for pre-university and EGP 23.78 for university students, included in tuition fees. This is the first application of Article 60 of the Unified Insurance Law, with Al-Azhar covering contributions for exempt cases and any fund deficits.
Policy & regulationRules & requirementsConsumer and investor protection
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2026-02-08•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority, with e-Finance, launched a digital system for factoring via its online portal to modernize operations and support digitalization of non-banking financial services. The system enables electronic invoice checks and reservations to prevent duplicate financing, linking to the Ministry of Finance and the Egyptian Tax Authority for real-time data verification. Factoring activity grew significantly in 2025, with factored receivables rising 77.8% to EGP 132.2bn.
Policy & regulationImplementation, projects & pilotsFintech and insurtech
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2026-02-08•China•China Banking and Insurance Regulatory Commission
The China Banking and Insurance Regulatory Commission, led by Li Yunze, visited Liaoning to enhance central-local supervision, financial risk management, and support high-quality development. Discussions with local leaders emphasized risk prevention, reform of small and medium-sized financial institutions, and increased financing for major projects. Visits to local financial supervision bureaus highlighted the need for stronger grassroots party building and improved supervision.
SupervisionReviews, inspections & stress testsOther
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2026-02-08•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines reported a 9.2% year-on-year increase in loans from universal and commercial banks in December, down from 10.3% in November, with a 2.0% month-on-month decline on a seasonally adjusted basis. The bank emphasized its commitment to monitoring lending as a key monetary policy tool to maintain liquidity and stability.
Data & statisticsLending
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2026-02-08•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission, with the Korea Financial Intelligence Unit and the Financial Supervisory Service, reviewed Bithumb's erroneous bitcoin payouts and agreed on measures to enhance internal controls for virtual asset exchanges. An emergency response unit was established for user protection, with inspections extending beyond Bithumb to all exchange providers, and the FSC plans to pursue stricter internal control standards through pending legislation.
SupervisionReviews, inspections & stress testsAML and CFTSupervision process and methodologies
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2026-02-08•Nepal•Nepal Insurance Regulatory Authority
The Nepal Insurance Regulatory Authority has instructed all licensed insurers and intermediaries to stop using postal stamps as revenue stamps on official documents. This directive applies to life, non-life, reinsurance, and microinsurance companies, as well as brokers and surveyors, aligning with a recent decision by the Government of Nepal Council of Ministers.
Policy & regulationRules & requirementsOther
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2026-02-08•Algeria•Central Bank of Algeria
Algeria's Prime Minister and IMF Managing Director Kristalina Georgieva discussed ongoing cooperation and joint activities in finance, statistics, digitalisation, and public expenditure rationalisation, highlighting a high-level conference as a regional cooperation example. Both parties emphasized continued collaboration to address economic challenges and promote stability and sustainable development.
Policy & regulationCooperationCross-border cooperation