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2026-09-23•Taiwan•Central Bank of Taiwan
The Central Bank of Taiwan reported that annual M1B and M2 growth slowed to 6.65% and 6.79%, respectively, in August 2026. Annual growth in monetary financial institutions’ outstanding loans and investments accelerated to 9.43%, driven mainly by increased bank claims on the private sector and government enterprises.
Data & statisticsFinancial stability and systemic riskRegulatory reportingMacroprudential policy and tools
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2026-09-23•Azerbaijan•Central Bank of the Republic of Azerbaijan
The Central Bank of the Republic of Azerbaijan held its policy rate at 6.5% and the corridor’s upper bound at 7.5%, while cutting the lower bound to 5% from Sept. 24. The wider corridor is designed to stimulate interbank trading amid a structural liquidity surplus of AZN 6.3 billion, while annual inflation remained within target at 5.7%.
Monetary policyPolicy rate decisionsMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-23•South Korea•South Korea Financial Services Commission
Korea Premium Weeks 2026 will run from Sept. 28 to Oct. 16, with a core week from Sept. 28 to Oct. 2.
OtherMarket development
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2026-09-23•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission revoked Shilla Asset Management’s collective investment authorizations and Zenith Investment Advisory’s advisory and discretionary management registrations after inspections found capital, accounting and disclosure violations. The firms received combined fines and penalties of KRW 2.794 billion, alongside dismissal related sanctions concerning current or former executives.
EnforcementInvestigations & enforcement actionsCapital adequacyAccounting and financial reportingRegulatory reporting
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2026-09-23•Rwanda•Rwanda Capital Markets Authority
The Rwanda Capital Markets Authority has proposed a one-year pilot framework for designated market makers in government securities, initially covering three-year, 10-year and 15-year on-the-run Treasury bonds. Eligible firms would provide continuous firm two-way quotes, participate in primary auctions and meet capital, reporting, governance and conduct requirements. The National Bank of Rwanda would designate and evaluate market makers, with the Capital Markets Authority and Rwanda Stock Exchange responsible for regulatory and trading oversight.
Policy & regulationImplementation, projects & pilotsMarket infrastructureMarket developmentCompliance
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2026-09-23•South Korea•South Korea Financial Services Commission
South Korea's Financial Services Commission has finalized a K-IFRS amendment requiring companies to disclose officially assessed values for land accounted for under the cost model. The requirement applies from annual financial statements ending Dec. 31, 2026, with retrospective comparative information. Officially assessed values are not fair values and may differ from them.
Policy & regulationRules & requirementsAccounting and financial reportingDisclosuresRegulatory reporting
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2026-09-23•South Korea•South Korea Financial Services Commission
South Korea's Financial Services Commission authorized Meritz Securities to conduct short-term financing and issue promissory notes, bringing the number of licensed comprehensive financial investment business operators to nine.
SupervisionAuthorisations & approvalsCapital adequacyLendingMarket development
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2026-09-23•Luxembourg•Luxembourg Commissariat aux Assurances
The Luxembourg Insurance Commission has published the country’s first assessment of targeted financial sanctions risks related to proliferation and terrorist financing. Cross-border financial activity creates indirect exposure despite limited direct links to sanctioned countries and actors. Legal arrangements and internationally active nonprofit organisations retain the highest residual risks, while most regulated financial sectors are rated low after mitigation.
SupervisionRisk monitoring & watch pointsAML and CFT
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2026-09-23•South Korea•South Korea Financial Services Commission
South Korea's Financial Services Commission filed a criminal complaint in one suspected virtual asset manipulation case and referred three others to investigators. The cases involve automated API trading used to create artificial activity and raise prices, as well as wash trades that accounted for more than 90% of one asset’s volume. The commission warned investors to scrutinize unexplained price and volume surges and verify information in white papers and disclosures.
EnforcementInvestigations & enforcement actionsMarket abuseBlockchain and distributed ledger technology
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2026-09-23•Georgia•National Bank of Georgia
The National Bank of Georgia presented its payments modernization agenda at Global Fintech Fest 2026, emphasizing ISO 20022, instant payments and future international interoperability. Meetings with Indian payments authorities and firms explored cooperation on instant and cross-border payments, infrastructure and innovative services.
Policy & regulationImplementation, projects & pilotsPayments and payment systemsCross-border payments
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2026-09-23•Georgia•National Bank of Georgia
The National Bank of Georgia and the Central Bank of Bosnia and Herzegovina agreed to sign a cooperation memorandum. Their collaboration will focus on payment system development and the exchange of knowledge and practical experience.
Policy & regulationCooperationPayments and payment systemsCross-border cooperation
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2026-09-23•Georgia•National Bank of Georgia
The National Bank of Georgia and the Central Bank of Hungary signed a memorandum of understanding to expand cooperation and exchange best practices. It covers monetary policy, reserve management, payment systems, financial services, and financial regulation and supervision.
Policy & regulationCooperationCross-border cooperationPayments and payment systems
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2026-09-23•Romania•National Bank of Romania
The National Bank of Romania reported that broad money M3 rose 8.3% year over year to RON 813.337 billion at the end of August 2026. Non-government credit increased 8.2% to RON 476.692 billion, while resident non-government deposits grew 8.8% to RON 688.280 billion.
Data & statisticsFinancial stability and systemic risk
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2026-09-23•Poland•Polish Financial Supervision Commission (KNF)
The Polish Financial Supervision Commission is hosting an international conference in Warsaw to discuss financial stability, regional cooperation, cyber risk and operational resilience. The event brings together European supervisors, policymakers and industry experts and marks the authority’s 20th anniversary.
Policy & regulationCooperationFinancial stability and systemic riskCyber resilienceOperational risk and resilience
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2026-09-23•Russia•Central Bank of Russia
The Central Bank of Russia kept its key rate at 14.00% after underlying price growth accelerated to 5–6% in annualized terms in June and July. It forecasts annual inflation of 6.0–7.0% in 2026 and a return to the 4.0% target in 2027.
Monetary policyPolicy rate decision minutes and accountsMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-23•Oman•Oman Financial Services Authority
The Oman Financial Services Authority has detailed new securities rules covering investor asset segregation, regulated investment banking, 11 fund categories and stronger risk-based supervision. The framework separates most securities activities from commercial banking and tightens market conduct, governance and reporting requirements. Most affected entities must regularize their status by January 27, 2027, while banking institutions have up to three years.
Policy & regulationRules & requirementsRegulatory sandboxMarket abuseCapital adequacy
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2026-09-23•Azerbaijan•Central Bank of Azerbaijan
The Central Bank of Azerbaijan held the refinancing rate at 6.5% and the interest-rate corridor ceiling at 7.5%, while cutting the floor by 50 basis points to 5% from 24 September 2026. Annual inflation eased to 5.7% in August, within the 4±2% target range, while excess banking-sector liquidity supported the move to encourage interbank activity.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-23•Czech Republic•Czech National Bank
The Czech National Bank’s analyst survey left the one-year inflation forecast at 2.6% but raised the three-year outlook to 2.2%. Most respondents expect the two-week repo rate to remain at 3.75% in one year, despite growing inflation risks. GDP forecasts were unchanged, while the 2026 wage growth estimate fell to 6.6%.
Monetary policyMonetary policy assessments & outlooksMacroprudential policy and toolsForeign exchange policy and markets
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2026-09-23•Kenya•Central Bank of Kenya
The Central Bank of Kenya has approved the transfer of all assets and liabilities of Access Bank Kenya to National Bank of Kenya. The transfer will take effect upon completion of the transaction under the parties’ agreement.
SupervisionAuthorisations & approvalsMergers and acquisitions
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2026-09-23•Ukraine•Ukraine National Commission on Securities and Stock Market
The National Securities and Stock Market Commission of Ukraine is recruiting authorized officers for case review, investigations and case support. Applications are open through the end of Sept. 23.
Institutional developmentWorkforce & recruitmentMarket abuseCompliance
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2026-09-23•Türkiye•Capital Markets Board of Türkiye
The Capital Markets Board of Türkiye confirmed that 455,758 unique investors hold units in 131 funds ordered into liquidation. The funds are managed by seven portfolio management companies, and the figure is based on official depository records.
Policy & regulationGuidance & interpretationConsumer and investor protectionDisclosuresRegulatory reporting
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2026-09-23•Philippines•Department of Finance (Philippines)
The Philippines and the United Kingdom have signed a government to government partnership providing access to up to GBP 5 billion in UK Export Finance support. The countries will pursue viable projects in areas including energy, transport, water, aviation and social infrastructure, with additional cooperation through the Luzon Economic Corridor.
Policy & regulationCooperationCross-border cooperationClimate risk and sustainable finance
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2026-09-23•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission has launched a multiyear action plan covering renminbi markets, cross-border connectivity, market infrastructure, digital assets and financial security. Near-term measures include a renminbi counter for southbound Stock Connect, work on REIT Connect, T+1 settlement and new digital asset licensing regimes. Longer-term plans would broaden renminbi products, tokenized investments and technology-enabled supervision.
Policy & regulationImplementation, projects & pilotsAML and CFTArtificial intelligenceTokenization
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2026-09-23•Hong Kong•Hong Kong Monetary Authority
Hong Kong Monetary Authority Chief Executive Eddie Yue outlined priorities to expand bond issuance and participation, deepen offshore renminbi liquidity and modernize market infrastructure. The agenda is intended to support digital and cross-border fixed-income activity and strengthen Hong Kong’s bond market.
Policy & regulationReform agendas & prioritiesMarket developmentMarket infrastructureCross-border cooperation
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2026-09-23•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority alerted the public to fraudulent banking websites, phishing messages and other scams. Banks will not send links for transactions or request passwords or one time passwords by phone, email or SMS.
SupervisionAlertsConsumer and investor protectionFraud and scams
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2026-09-23•Austria•Austrian National Bank (OeNB)
The Austrian National Bank will open an Innsbruck exhibition on Sept. 24, 2026, tracing more than two millennia of monetary history. Its 15 sections cover major changes in money and finance, including Tyrol’s historical role in European coin production.
Financial literacy & educationCurrency and cash management
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2026-09-23•Norway•Norwegian Finanstilsynet
The Norwegian Financial Supervisory Authority has updated its Harmonised Transparency Template reporting guidance for covered bond entities, including reporting scope, completion requirements, deadlines and the required Altinn submission form.
SupervisionRegulatory reporting
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2026-09-23•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway found shortcomings in DNB’s mortgage underwriting, risk controls and treatment of customers. It assessed that the bank’s interest rate stress testing does not meet regulatory and statutory requirements and called for improvements to debt calculations, automated lending controls, complaints and arrears management. DNB must report its remediation status as of March 31, 2027.
SupervisionReviews, inspections & stress testsLendingCredit riskConsumer and investor protection
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2026-09-23•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway found that Sparebanken Norge’s governance arrangements are suited to its business, but its new risk management framework was only partly implemented. It called for broader risk coverage, stronger scenario analysis and stress testing, more independent risk reporting and an expanded internal audit function. The bank is implementing corrective measures.
SupervisionReviews, inspections & stress testsCorporate governanceRisk managementStress testing
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2026-09-23•Denmark•National Bank of Denmark
The National Bank of Denmark assesses monetary policy and financial conditions as broadly neutral after raising rates by 25 basis points in both June and September. It kept the euro-area rate spread at minus 40 basis points and intervened by DKK 6.3 billion as the krone weakened. Further expected rate increases could move policy into restrictive territory.
Monetary policyMonetary policy assessments & outlooksForeign exchange policy and marketsMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-23•Denmark•National Bank of Denmark
The National Bank of Denmark raised its 2026 GDP growth forecast by 2.2 percentage points to 4.0%, driven by exceptional pharmaceutical production abroad and broader economic growth. It expects inflation to rise over the winter with risks tilted upward. The bank urged the government not to add demand beyond existing 2027 plans and to preserve fiscal space.
Monetary policyMonetary policy assessments & outlooksMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-23•Denmark•Danish Finanstilsynet
The Danish Financial Supervisory Authority has set a technology agenda through 2030 covering AI, quantum technology, tokenization and financial innovation. It will assess emerging risks, clarify existing requirements and consider expanding its FT Lab regulatory sandbox, with the aim of supporting innovation without adding unnecessary rules or weakening financial stability and customer protections.
Policy & regulationReform agendas & prioritiesArtificial intelligenceTokenizationRegulatory sandbox
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2026-09-23•Denmark•National Bank of Denmark
The National Bank of Denmark forecasts GDP growth of 4.0 percent in 2026, largely because of increased pharmaceutical production abroad, before growth slows to 2.3 percent in 2027 and 2.0 percent in 2028. With limited spare capacity and inflation expected to rise over the winter, it recommends no further demand stimulus in the October Finance Bill and caution in using future fiscal scope.
Monetary policyMonetary policy assessments & outlooksMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-23•Indonesia•Bank Indonesia
Bank Indonesia held the BI-Rate at 5.75%, with the Deposit Facility and Lending Facility rates at 4.75% and 6.50%, respectively, to stabilize the rupiah, maintain inflation within the 2.5±1% target and support growth. It will continue foreign-exchange intervention and optimize monetary instruments to preserve exchange-rate stability amid heightened global uncertainty.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-23•Laos•Bank of the Lao
The Bank of the Lao received an IMF mission conducting Lao PDR’s 2026 macroeconomic assessment. The mission will hold technical discussions with the central bank, government ministries and public and private sector participants from Sept. 23 to 30.
Policy & regulationCooperationMacroprudential policy and tools
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2026-09-23•United Arab Emirates•Dubai Financial Services Authority
Dubai Financial Services Authority Chief Executive Mark Steward has been appointed vice chair of IOSCO’s Growth and Emerging Markets Committee and joins the IOSCO Board. The committee helps set regulatory priorities and international securities standards for emerging and growth markets.
Institutional developmentLeadership change & appointmentsMarket developmentCross-border cooperation
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2026-09-23•Australia•Australian Competition and Consumer Commission
The Australian Competition and Consumer Commission has blocked IAG’s proposed acquisition of RAC Insurance, finding it would likely substantially lessen competition in Western Australia’s motor vehicle and home and contents insurance markets. The deal would give IAG estimated market shares of 55% to 65% and 50% to 60%, respectively, while other insurers would be unlikely to provide sufficient competitive constraint.
Policy & regulationRules & requirementsCompetition and market structure
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2026-09-23•Singapore•Monetary Authority of Singapore
The Monetary Authority of Singapore and Ministry of Trade and Industry issued their August 2026 update on consumer price developments.
Data & statisticsFinancial stability and systemic risk
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2026-09-23•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic revoked Bashat KG LLC’s cash foreign currency exchange license from Sept. 23, 2026, for legal and regulatory breaches.
SupervisionAuthorisations & approvalsForeign exchange policy and marketsCompliance
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2026-09-23•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
Kazakhstan’s financial market regulator plans to develop Islamic insurance windows that would let existing insurers offer takaful products without creating separate companies. The operations would require segregated accounts, Sharia compliant investment and governance, and regulatory oversight. Products could be introduced progressively, beginning with core family and general takaful coverage.
Policy & regulationImplementation, projects & pilotsAccounting and financial reportingComplianceCorporate governance
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2026-09-23•Hong Kong•Hong Kong Monetary Authority
The People’s Bank of China allotted RMB 60 billion of six-month bills through the Hong Kong Monetary Authority at an average accepted coupon rate of 1.30%, against RMB 127.035 billion in applications.
Monetary policyMonetary policy instruments & operationsMarket development
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2026-09-23•Australia•Reserve Bank of Australia
The Reserve Bank of Australia found that ASX’s clearing and settlement facilities still partly observed standards covering governance, comprehensive risk management, credit risk and operational risk. It upgraded ASX Clear and ASX Settlement from not observed to partly observed for operational risk after specific CHESS improvements, but said this did not indicate broader progress in ASX’s operational risk management.
SupervisionReviews, inspections & stress testsFinancial stability and systemic riskOperational risk and resilienceCorporate governance
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2026-09-23•Australia•Reserve Bank of Australia
The Reserve Bank of Australia published the Payments System Board’s 2026 annual report, addressing payments regulation and policy as well as clearing and settlement developments.
Policy & regulationOtherPayments and payment systemsMarket infrastructureRegulatory reporting
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2026-09-23•Kazakhstan•Ministry of Finance (Kazakhstan)
The Kazakhstan Ministry of Finance has proposed allowing Digital Silk Road Company to provide guarantees and property collateral for customs obligations. The measure is intended to improve customs security mechanisms and reduce costs for transit operators.
Policy & regulationRules & requirementsMandate changeMarket development
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2026-09-23•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission pledged financial support for physical AI hubs in North Jeolla, North Gyeongsang and South Gyeongsang provinces. Local governments, policy finance institutions and regional banks signed a cooperation agreement, while the three policy institutions presented related financing measures.
Policy & regulationCooperationArtificial intelligenceMarket development
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2026-09-23•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission unveiled eight measures to expand P2P credit for individuals and sole proprietors with low and medium credit scores. The plan raises investment limits for qualifying platforms, financial institutions and general investors, while improving maturity extensions and small-business credit assessment. It also strengthens audits, disclosures, advertising controls and arrangements for closing failed platforms.
Policy & regulationRules & requirementsConsumer and investor protectionLending
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2026-09-23•South Korea•Bank of Korea
The Bank of Korea reported that consumer sentiment rose 2.1 points to 106.6 in September, supported by stronger economic assessments and household expectations. Inflation expectations were unchanged at 2.7% for one year ahead and 2.6% for both three and five years ahead.
Data & statisticsConsumer and investor protection
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2026-09-23•Thailand•Thailand Office of Insurance Commission
The Thailand Office of Insurance Commission trained 134 mediators, executives and staff as it shifts consumer protection toward preventing insurance complaints and disputes at source. Its approach emphasizes stronger insurer service and claims standards, compliance with service level agreements and more effective internal complaint reviews before cases escalate.
SupervisionSupervision approach, priorities & toolkitConsumer and investor protectionComplaints and dispute resolutionClaims management
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2026-09-23•Europe•European Financial Reporting Advisory Group
The European Financial Reporting Advisory Group has opened its meeting to registered observers, with live and on-demand viewing available and closed sessions possible.
Policy & regulationOtherAccounting and financial reporting
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2026-09-22•Aruba•Central Bank of Aruba
The Central Bank of Aruba maintained the reserve requirement for commercial banks at 12.5%, effective Sept. 1, 2026. Foreign reserves remain adequate, but inflation has risen and global uncertainties could affect reserves and prices.
Monetary policyPolicy rate decisionsMacroprudential policy and toolsForeign exchange policy and marketsFinancial stability and systemic risk
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2026-09-22•Puerto Rico•Office of the Commissioner of Financial Institutions of Puerto Rico
The Office of the Commissioner of Financial Institutions of Puerto Rico immediately halted Banex International Bank’s operations, revoked its license and appointed a receiver to conduct an orderly liquidation. The regulator found Banex insolvent and unable to meet depositor obligations, citing severe liquidity problems, more than USD 24 million in unverified funds and over USD 18 million in related party receivables. It also proposed USD 534,000 in penalties, subject to administrative proceedings.
EnforcementInvestigations & enforcement actionsCapital adequacyLiquidity riskOperational risk and resilience
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2026-09-22•Puerto Rico•Office of the Commissioner of Financial Institutions of Puerto Rico
The Office of the Commissioner of Financial Institutions of Puerto Rico ordered Banex International Bank to cease operations immediately, revoked its license and appointed a receiver to liquidate it. The regulator found Banex insolvent, citing insufficient capital and liquidity, more than USD 24 million in unverified funds and over USD 18 million in related party receivables. It also proposed fines totaling USD 534,000, subject to administrative proceedings.
EnforcementInvestigations & enforcement actionsCapital adequacyLiquidity riskRecovery and resolution
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2026-09-22•Uruguay•Ministry of Economy & Finance (Uruguay)
Uruguay's Ministry of Economy and Finance has launched SIGA Innovation for MSMEs undertaking product or business process innovation. The program halves the guarantee usage fee and covers up to 70% of loans, with guarantees capped at 1.2 million indexed units and terms of up to 72 months. Applicants need an innovation certificate before seeking credit, while participating financial institutions retain responsibility for loan approval.
Policy & regulationImplementation, projects & pilotsSME financingLendingFinancial inclusion
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2026-09-22•Panama•Superintendencia de Bancos de Panama
The FECI Commission, chaired by the Superintendency of Banks of Panama, updated three interpretive criteria and approved internal rules governing its operations and decision-making. The superintendency will formalize and publish approved criteria for entities subject to the regime and also presented the fund’s financial results as of June 30, 2026.
Policy & regulationGuidance & interpretationRegulatory reportingCorporate governance
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2026-09-22•United States•Federal Reserve Board
Federal Reserve Board staff estimate that using customs trade data would raise China’s 2025 current account surplus from 3.8% to 4.4% of GDP. Under the IMF’s assessment framework, the adjusted surplus implies renminbi undervaluation of 24.3%, while recent revisions have left almost the entire discrepancy between customs and balance of payments data on the difficult to verify import side.
ResearchForeign exchange policy and marketsFinancial stability and systemic risk
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2026-09-22•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
U.S. Senate Banking Committee Ranking Member Elizabeth Warren urged President Donald Trump to exclude NVIDIA CEO Jensen Huang from upcoming talks with Chinese President Xi Jinping. She also called on Trump to seek Chinese restrictions on dangerous uses of advanced AI and said Huang will be called before Congress in 2027.
OtherArtificial intelligenceGeopolitical risk
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2026-09-22•United States•U.S. Financial Services Committee
U.S. House Financial Services Committee Chairman French Hill and Senator Tom Cotton have introduced legislation providing small broker-dealers in good standing with relief from certain audit requirements. The bill is intended to reduce compliance costs for affected firms.
Policy & regulationRules & requirementsAuditing
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2026-09-22•United States•New York State Department of Financial Services
The New York State Department of Financial Services helped return Albert Lang’s Music (Arcadian Scene), seized following Nazi persecution, to the heirs of Sofie Heilbronner. Its Holocaust Claims Processing Office identified the painting in the Bavarian State Painting Collections and filed the restitution claim.
Policy & regulationImplementation, projects & pilotsClaims managementRecovery and resolution
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2026-09-22•Canada•Canadian Bankers Association
The Canadian Bankers Association urged Canada to manage AI transparency through existing banking, privacy and supervisory frameworks rather than standalone rules. Disclosures and incident reporting should be risk based, limited to material harms or potentially misleading uses, and allocated according to each party’s knowledge and control. Prescriptive rules for AI agents would be premature, although banks should be able to verify an agent’s identity, authority and permissions.
Policy & regulationGuidance & interpretationArtificial intelligenceRegulatory reportingOutsourcing and third-party risk management
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2026-09-22•Global•Financial Standards Planning Board
The Financial Planning Standards Board will hold the 10th World Financial Planning Day on Oct. 7, 2026, with education and pro bono activities across 11 markets. It will also release global research on how consumers and financial planners use artificial intelligence, including the role of professional judgment and ethical responsibility.
Financial literacy & educationArtificial intelligenceConsumer and investor protection
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2026-09-22•United States•Commodity Futures Trading Commission
Commodity Futures Trading Commission Chairman Michael S. Selig directed staff to prepare rulebook changes permitting futures commission merchants to conduct cleared repo transactions involving customer funds before the June 2027 Treasury repo clearing deadline. He also called for more integrated oversight of Treasury cash and derivatives markets and continued work on cross-margining and capital treatment. Future policy will address tokenized collateral, stablecoins and product-specific safeguards for any expansion of 24/7 trading.
Policy & regulationRules & requirementsMarket infrastructureTokenizationMarket development
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2026-09-22•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission censured OTC Link LLC and imposed a USD 575,000 penalty for Regulation SCI policy and remediation failures that persisted from August 2016 through March 2025. The broker-dealer repeatedly failed to resolve deficiencies involving system security, access controls and vulnerability management despite multiple SEC examinations.
EnforcementInvestigations & enforcement actionsCyber resilienceComplianceMarket infrastructure
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2026-09-22•Israel•Bank of Israel
The Bank of Israel reported one-year capital-market inflation expectations of 1.3%, while the average 12-month forecast from banks and economic consulting firms was 2.0%. Longer-term market measures ranged from 1.8% to 2.1%, and the data remain under review.
Monetary policyMonetary policy assessments & outlooksMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-22•Rwanda•Rwanda Capital Markets Authority
Rwanda Capital Markets Authority Chairperson Marc Holtzman hosted Rwanda’s prime minister and international investors for discussions on the country’s economic outlook and investment opportunities. The capital markets agenda focused on broader investor participation, stronger international links and increased access to long-term capital.
OtherMarket development
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2026-09-22•Bahamas•Bahamas Securities Commission
The Securities Commission of The Bahamas reported that financial regulators will hold a joint industry session before the country’s upcoming CFATF on-site assessment. The group also reviewed planned Crypto-Asset Reporting Framework legislation and coordinated work on sanctions reporting, financial literacy, cyber risk and artificial intelligence.
Policy & regulationCooperationAML and CFTTax transparency and information exchangeCyber resilience
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2026-09-22•Cape Verde•Bank of Cape Verde
The Bank of Cape Verde published aggregate financial and prudential indicators for the banking system as of June 2026.
Data & statisticsRegulatory reportingFinancial stability and systemic risk
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2026-09-22•Saudi Arabia•Saudi Arabia Insurance Authority
The Saudi Arabia Insurance Authority has barred United Cooperative Insurance Company from issuing or renewing policies across all insurance products, expanding earlier restrictions on compulsory and motor coverage. The company remains responsible for existing policies and related claims and must protect policyholders and beneficiaries.
SupervisionInterventionsConsumer and investor protectionClaims managementCompliance
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2026-09-22•Saudi Arabia•Saudi Arabia Capital Markets Authority
Saudi Arabia's Capital Market Authority approved ANB Capital Company’s public offer of the anb capital Perpetual Sukuk Fund. The approval confirms legal compliance but is not a recommendation to subscribe, and investors should assess the fund’s strategy and risks before investing.
SupervisionAuthorisations & approvalsSecurities offerings and listingsConsumer and investor protectionCompliance
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2026-09-22•Malta•Malta Financial Services Authority
The Malta Financial Services Authority hosted FinTech2030 to examine regulatory and technological developments shaping financial services, including cryptoasset regulation, tokenisation, artificial intelligence, cybersecurity and quantum readiness.
Policy & regulationCooperationFintech and insurtechTokenizationArtificial intelligence
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2026-09-22•Nigeria•Central Bank of Nigeria
The Central Bank of Nigeria’s Monetary Policy Committee reset the Monetary Policy Rate to 23.00% from 26.5% in September 2026, citing moderating inflation, resilient growth and improved policy transmission. It said the operational realignment did not change the monetary policy stance, recalibrated the standing facilities corridor to +50/-300 basis points and retained cash reserve requirements.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-22•Argentina•Argentina Securities Commission (CNV)
The Argentina Securities Commission has finalized new rules for primary securities placements, strengthening transparency, conflict controls, investor identification and standardized reporting. The regime covers domestic placements and local tranches of international offerings, while excluding international placing agents that do not operate in Argentina.
Policy & regulationRules & requirementsSecurities offerings and listingsConsumer and investor protectionBeneficial ownership
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2026-09-22•Canada•Ontario Securities Commission
The Ontario Securities Commission has warned that five firms are not registered to deal or advise in securities in Ontario. Investors should check the registration of anyone offering investments or investment advice.
SupervisionAlertsConsumer and investor protection
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2026-09-22•United States•Financial Industry Regulatory Authority
The Financial Industry Regulatory Authority ordered American Portfolios to pay USD 1.23 million plus interest to 295 investors and fined the firm USD 400,000. Its inadequate supervision failed to detect repeated recommendations to sell unit investment trusts before maturity and buy new UITs, resulting in unnecessary sales charges and fees.
EnforcementInvestigations & enforcement actionsConsumer and investor protectionCompliance
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2026-09-22•Ukraine•National Bank of Ukraine
The National Bank of Ukraine urged central banks to prepare for existential or system-altering shocks by assessing their potential scale, thresholds and systemic effects. It emphasized flexible tools anchored in clear objectives, independence and accountability, including human responsibility for decisions informed by artificial intelligence.
Policy & regulationReform agendas & prioritiesFinancial stability and systemic riskArtificial intelligenceMacroprudential policy and tools
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2026-09-22•Puerto Rico•Office of the Commissioner of Financial Institutions of Puerto Rico
The Office of the Commissioner of Financial Institutions of Puerto Rico restricted Banex chairman and sole shareholder Luis A. Gasparini Sr. from controlling bank funds or disposing of assets allegedly financed with depositor money. The complaint seeks at least USD 13.78 million in restitution, USD 800,000 in fines and his removal and disqualification. The proposed sanctions remain subject to an administrative hearing on Oct. 6, 2026.
EnforcementInvestigations & enforcement actionsCorporate governanceRegulatory reportingCapital adequacy
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2026-09-22•Czech Republic•Ministry of Finance (Czech Republic)
The Cyprus Ministry of Finance has formalized the appointments of Giorgos Karatzias as chair and Loukas Lagoudis as vice chair of the Cyprus Securities and Exchange Commission. Their appointments have been effective since Sept. 15, 2026.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-09-22•Puerto Rico•Office of the Commissioner of Financial Institutions of Puerto Rico
The Office of the Commissioner of Financial Institutions of Puerto Rico immediately revoked Banex International Bank’s license, ordered it to cease operations and placed it into receivership and liquidation after finding it insolvent. The regulator cited more than USD 24 million in untraceable funds, capital funded with depositors’ money and extensive related-party receivables. It also proposed USD 534,000 in administrative fines, subject to adjudication.
EnforcementInvestigations & enforcement actionsCapital adequacyRegulatory reportingCompliance
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2026-09-22•Puerto Rico•Office of the Commissioner of Financial Institutions of Puerto Rico
The Office of the Commissioner of Financial Institutions of Puerto Rico ordered Banex International Bank into liquidation and appointed Driven P.S.C. as receiver after finding it insolvent. The regulator cited USD 46.9 million in depositor obligations against USD 10.2 million in cash and cash equivalents, more than USD 24 million in unverified in transit funds and extensive related party receivables. The receiver will take control of the institution, recover and liquidate assets, and administer depositor and creditor claims.
SupervisionInterventionsCapital adequacyRegulatory reportingConsumer and investor protection
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2026-09-22•Russia•Central Bank of Russia
The maximum ruble deposit rate among Russia’s 10 largest household deposit takers rose to 13.01% in the second 10 days of September from 12.95% in the first 10 days, according to the Bank of Russia.
Data & statisticsRegulatory reporting
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2026-09-22•Russia•Central Bank of Russia
The Central Bank of Russia reported slower corporate credit growth but faster consumer lending in August, while mortgage growth remained broadly stable. Government-subsidized loans reached about 56% of mortgages, and banking sector net profit held at RUB 440 billion.
Data & statisticsLendingActivity and performance reportingCredit risk
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2026-09-22•United States•Federal Reserve Board
Federal Reserve Board Vice Chair Philip N. Jefferson outlined efforts to make discount window borrowing faster through streamlined collateral processes, automation and closer coordination with the Federal Home Loan Banks. More than 60% of loan requests now use Discount Window Direct. Rapid same-day lending against Treasury securities can reduce forced sales and support broader funding market functioning.
Monetary policyMonetary policy instruments & operationsLiquidity riskFinancial stability and systemic riskMarket infrastructure
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2026-09-22•Cyprus•Ministry of Finance (Cyprus)
The Cyprus Ministry of Finance formalized the appointments of George Karatzias as CySEC chairman and Loukas Lagoudis as vice chairman. Their appointments have been effective since Sept. 15, 2026.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-09-22•Global•World Bank
The World Bank projects Tunisia’s growth will slow to 2.3 percent in 2026 and average 2.1 percent in 2027-2028. It warns that water scarcity could reduce GDP by 6.4 percent and eliminate at least 30 percent of agricultural jobs by 2050 without investment and governance reforms.
ResearchClimate risk and sustainable financeNature-related risk
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2026-09-22•Portugal•Portuguese Insurance Regulator (ASF)
The Portuguese Insurance and Pension Funds Supervisory Authority reported a 14.3% rise in supervised insurers’ production, net profit of EUR 653 million and Solvency Capital Requirement coverage of 211% in 2025. Pension fund assets grew 2.9% to EUR 19.9 billion, while contributions rose 43.7% and defined benefit funding levels improved. Market volatility, catastrophe protection gaps and digital operational risks remain key concerns.
SupervisionRisk monitoring & watch pointsCapital adequacyCyber resilienceArtificial intelligence
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2026-09-22•Hungary•National Bank of Hungary
The National Bank of Hungary will lower its medium-term inflation target from 3% to 2.5% from Jan. 1, 2028, while retaining the plus or minus 1 percentage point tolerance band. The bank expects the transition to take about 1.5 to two years and estimates a cumulative cost equivalent to 0.2% of one year’s GDP.
Monetary policyMonetary policy framework & strategyMacroprudential policy and toolsFinancial stability and systemic risk
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2026-09-22•Europe•European Central Bank - Banking Supervision
European Central Bank Supervisory Board Chair Claudia Buch called for board oversight, multiyear investment and strong risk controls as banks expand their use of artificial intelligence, cloud services and tokenisation. Supervision will focus on common cyber, outsourcing and data vulnerabilities while holding banks accountable for automated decisions. Buch also backed integrated European markets and interoperable public infrastructure without weakening prudential standards.
SupervisionSupervision approach, priorities & toolkitArtificial intelligenceCyber resilienceTokenization
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2026-09-22•Europe•European Central Bank - Banking Supervision
Pedro Machado, Member of the European Central Bank’s Supervisory Board, identified gaps in resolution liquidity, national crisis management rules, common deposit insurance and tools for non-financial bank failures. He said recent reforms strengthen the ECB’s early intervention role, while the ECB and Single Resolution Board are streamlining overlapping approvals and planning requirements.
Policy & regulationCooperationRecovery and resolutionLiquidity riskOperational risk and resilience
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2026-09-22•Europe•European Central Bank
The European Central Bank found that China’s industrial rise is intensifying competition for EU exporters while reducing Chinese reliance on European industrial imports. Manufacturing-intensive economies, particularly Germany and several central European countries, face the greatest exposure in machinery, transport equipment and critical raw material-dependent sectors. Supply chain diversification, domestic industrial capacity and innovation could help the most exposed economies adapt.
ResearchCompetition and market structureGeopolitical riskMarket development
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2026-09-22•Europe•European Central Bank
The European Central Bank reported that the Eurosystem balance sheet contracted by EUR 12.76 billion to EUR 5.898 trillion. Monetary policy securities declined EUR 12.51 billion, while lending through main refinancing operations rose EUR 2.65 billion.
Monetary policyMonetary policy instruments & operationsFinancial stability and systemic riskRegulatory reportingMacroprudential policy and tools
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2026-09-22•Dominican Republic•Central Bank of the Dominican Republic
The Central Bank of the Dominican Republic is consulting on changes to the prudential capital adequacy rules that would incorporate operational risk capital into the solvency ratio formula. The amendments would align the framework with the revised Regulation on Operational Risk and apply from April 12, 2027.
Policy & regulationRules & requirementsCapital adequacyOperational risk and resiliencePrudential risks
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2026-09-22•Angola•Angola Capital Markets Commission
The Angola Capital Markets Commission has released its collective investment undertakings industry report for the first half of 2026.
SupervisionReviews, inspections & stress testsActivity and performance reporting
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2026-09-22•Egypt•Egypt Financial Regulatory Authority
Egypt’s Financial Regulatory Authority and the National Council for Women signed a protocol to expand women’s access to nonbank finance, financial technology and financial education while strengthening fraud prevention. The initiative includes joint training, data sharing and support for women-owned businesses, overseen by a joint committee.
Financial literacy & educationFinancial inclusionDiversity and inclusionSME financing
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2026-09-22•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority has issued the first Egyptian standards for valuing machinery, equipment and infrastructure. The framework applies market, income and cost approaches aligned with current international standards and supports activities including leasing, asset-backed finance, project finance and restructuring. It will take effect the day after publication.
Policy & regulationRules & requirementsValuation
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2026-09-22•Morocco•Central Bank of Morocco
The Central Bank of Morocco held its key policy rate at 2.25% for the third quarterly decision of 2026, citing moderate medium-term inflation, stronger non-agricultural activity and high uncertainty. Inflation is forecast at 0.7% in 2026 and 1.5% in 2027, while economic growth is expected to slow to 4.4% and 2.9%, respectively.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-09-22•Saudi Arabia•Saudi Arabia Capital Markets Authority
Saudi Arabia’s Capital Market Authority is consulting on tighter IPO rules that would require book building orders to reflect participants’ actual liquidity and become binding for payment. The proposals would strengthen underwriting obligations and require issuers to provide at least one year of forward looking financial information. If approved, the provisions will take effect on Nov. 2, 2026.
Policy & regulationRules & requirementsSecurities offerings and listingsDisclosuresMarket development
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2026-09-22•Guinea•Central Bank of the Republic of Guinea
The Central Bank of the Republic of Guinea held the 22nd regular meeting of the country’s Monetary Policy Committee.
Monetary policyOtherMacroprudential policy and tools
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2026-09-22•India•Reserve Bank of India
The Reserve Bank of India has standardized commercial banks’ valuation of InvIT and REIT instruments with immediate effect. Quoted holdings follow existing quoted security rules, while unquoted units generally use disclosed net asset value and must be valued at INR 1 if required disclosures are not made or the units are classified as infrequently traded.
Policy & regulationRules & requirementsValuation
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2026-09-22•Nicaragua•Central Bank of Nicaragua
Central Bank of Nicaragua President Ovidio Reyes R. estimated first-half economic growth at 4.1%, within the bank’s 3.5% to 4.5% projection for 2026. Exports and construction led the expansion, while higher international oil prices and El Niño pose risks to inflation and primary production.
Monetary policyMonetary policy assessments & outlooksFinancial stability and systemic riskMacroprudential policy and tools
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2026-09-22•India•Reserve Bank of India
The Reserve Bank of India has standardized local area banks’ valuation of InvIT and REIT instruments with immediate effect. Quoted holdings follow existing quoted security rules, while unquoted units generally use disclosed net asset value and must be valued at INR 1 if required disclosures are not made or the units are classified as infrequently traded.
Policy & regulationRules & requirementsValuation
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2026-09-22•Australia•Australian Prudential Regulation Authority
Australian Prudential Regulation Authority Member Suzanne Smith has reviewed the first year of APRA’s Getting the balance right strategy. APRA has simplified requirements, reduced duplication and improved proportionality without compromising financial safety and stability.
Policy & regulationReform agendas & prioritiesFinancial stability and systemic riskPrudential risksMacroprudential policy and tools