The Central Bank of the Dominican Republic will introduce 2025 series DOP 200 banknotes on Sept. 21, 2026. They retain the current security features, while existing DOP 200 notes will remain legal tender.
The Central Bank of the Bahamas has launched its seventh annual financial literacy video essay competition for students. Entrants must submit a three-to-five-minute video on access to banks’ foreign currency facilities by 11:59 p.m. on Oct. 31, 2026.
The Central Bank of Jordan raised interest rates on all monetary policy instruments by 25 basis points effective September 21, 2026, citing inflationary pressures and the need to preserve monetary stability and support the Jordanian dinar. Inflation rose to 2.20% in the first eight months of 2026 from 1.86% a year earlier.
The Federal Deposit Insurance Corporation rescinded its 2016 supervisory recommendations statement because it has been superseded by the new supervisory framework effective Nov. 2, 2026. The FDIC will replace matters requiring board attention and supervisory recommendations with matters requiring attention for examination findings across all FDIC-supervised institutions.
The U.S. Securities and Exchange Commission is examining operational readiness and market risks associated with 24-hour trading. Its roundtable focused on clearing and settlement, staffing, cybersecurity, resilience and global volatility, as well as the potential effects of overnight trading on liquidity, price discovery and execution quality.
The U.S. Securities and Exchange Commission highlighted preparations for market data infrastructure to expand to 23-hour, five-day coverage on Dec. 6, allowing several approved exchanges to offer trading during those hours. Its roundtable is examining readiness, resilience and market impacts as infrastructure providers and trading venues extend overnight operations and the industry considers possible 24-by-7 trading.
At an SEC roundtable, Commissioner Hester M. Peirce outlined unresolved safeguards as U.S. equities move toward 23-hour, five-day trading. Her questions focused on liquidity, best execution, operational resilience, surveillance and investor protection, as well as issuer disclosures, EDGAR processing and possible regulatory relief.
The Tanzania Insurance Regulatory Authority is educating Kigoma residents about insurance products and consumer rights at the Lake Tanganyika International Expo 2026. It is also providing guidance on insurance business opportunities, including becoming an insurance agent.
The U.S. Securities and Exchange Commission chair backed careful preparations for 24-hour equity trading and asked staff to assess measures that combine wider market access with safeguards against harmful conduct. Infrastructure work includes 23-hour, five-day trade capture, overnight price bands and preparations for overnight price dissemination, while operational and issuer-related issues remain under review.
The U.S. Securities and Exchange Commission has granted five-year conditional exemptions allowing qualifying venues and liquidity providers to support permissioned trading of tokenized National Market System stocks. Venues face trading limits, investor-rights verification, issuer-objection, smart contract transparency, trading-halt and disclosure conditions. The SEC is seeking input on possible changes and further action for onchain markets.
Bank of Ghana Second Deputy Governor Matilda Asante-Asiedu backed a proposed restructuring of COCLAB around two technical working groups and a senior steering committee. The overhaul responds to a 48% increase in reported financial sector fraud cases in 2025, driven mainly by payment service providers, and coincides with Ghana’s ongoing anti-money laundering mutual evaluation. Workshop participants are expected to review, refine and adopt the framework.
The International Monetary Fund has published a staff toolkit for separating exchange rate pressures caused by financial shocks from movements driven by economic fundamentals. Evidence from Chile and Brazil suggests financial shocks explain around one-third of uncovered interest parity premium fluctuations and can accompany sharp output declines. The framework supports historical and real time analysis but does not provide a mechanical rule for foreign exchange intervention.
The US White House withdrew five nominations sent to the Senate. They include nominees for the Farm Credit Administration Board and deputy chief executive officer of the United States International Development Finance Corporation.
Senate Banking Committee Ranking Member Elizabeth Warren released written responses from four Trump administration nominees ahead of a committee vote. She criticized their answers on CFPB funding and research independence, export controls, HUD oversight, Department of Government Efficiency involvement and cryptocurrency use. None directly answered who won the 2020 presidential election.
The U.S. Department of Justice is transferring USD 29.7 million in forfeited proceeds from an eight-year fraud and money laundering scheme to Curaçao in three installments. The funds will support law enforcement purposes under audit and public reporting requirements, with payments to the defendant, his family and controlled businesses prohibited.
The UK Financial Conduct Authority plans to apply proportionate, intelligence led AML supervision to 60,000 legal and accounting entities from late 2028. It will focus on higher-risk firms and professional enablers while limiting burdens on compliant entities. The approach will combine sector expertise, partner intelligence and technology, with human judgment retained.
The Ontario Securities Commission held a three-part knowledge-sharing series for Ukraine’s securities regulator on investor protection, market integrity and issuer disclosure. The sessions addressed investment fraud, cross-border risks, financial reporting, continuous disclosure and misleading or exaggerated claims about artificial intelligence.
The Central Bank of Russia has challenged an EU mechanism that can prevent Russian parties from seeking enforcement of certain Russian court orders in any jurisdiction. It argues that the measure unlawfully interferes with its Belgian proceedings to enforce a Moscow court order against Euroclear and violates access to justice, legal certainty and sovereign immunity.
The Commodity Futures Trading Commission broadened no-action relief for providers of passive software. Subject to specified conditions, eligible providers and personnel will not face recommended enforcement action for introducing broker registration failures related solely to software facilitating user trading with registered intermediaries and markets.
The World Bank Group mobilized a record USD 112 billion in private capital in fiscal year 2026, bringing total financing and mobilization in developing economies to well over USD 200 billion. It also issued more than USD 25 billion in guarantees, surpassing its annual 2030 target four years early. About 55% of total financing and mobilized capital supported five sectors targeted for their job creation potential.
The Bank of Italy released eight Occasional Papers spanning investment, fintech, artificial intelligence, immigration, synthetic data, inflation and prudential risk. Key findings include weaker hiring by healthy firms in areas with more zombie employment, lower post-ChatGPT bond yields for hyperscalers and investment-led productivity gains associated with high-skilled immigration. Other studies examine euro area investment divergence, fintech consolidation and methods to reduce disclosure risk in synthetic firm data.
The Guernsey Financial Services Commission has eased its virtual asset rules by removing the blanket retail customer restriction and the requirement for existing licensees to obtain a separate virtual asset service provider licence in every case. From Oct. 1, 2026, virtual asset firms will also no longer face a sector-specific environmental reporting requirement.
The Bank of England has confirmed eight Monetary Policy Committee announcement and minutes dates for 2027, with Monetary Policy Reports due in February, April, July and November. It will release transcripts and key staff inputs for all 2018 committee meetings on Jan. 7, 2027.
The European Financial Reporting Advisory Group has launched a consultation on a draft XBRL taxonomy for machine-readable reporting under the revised ESRS. The taxonomy aligns with EFRAG’s August 2026 draft datapoint list and is due to be submitted to the European Securities and Markets Authority and European Commission by the end of 2026. Digital tagging will remain voluntary until the regulatory framework is established.
The Oman Financial Services Authority honored Omani participants who secured 11 awards in the fourth GCC Smart Investor Award. The regional financial literacy competition attracted more than 300,000 entries across writing, photography, drawing and video production.
The Central Bank of Jordan reported that worker remittance inflows increased 14.1% to USD 2.97 billion in the first seven months of 2026. Outward remittances by non-Jordanian workers rose 14.4% to USD 1.14 billion.
Preliminary Central Bank of Jordan data show tourism income rose 17.2% year over year to USD 1,139.4 million in August 2026 and increased 2.9% to USD 5,557.6 million in the first eight months, while tourism spending by Jordanians and residents fell 5.9% to USD 1,359.0 million over the eight-month period.
The Saudi Central Bank convened banks to review open banking progress and discuss preparations for Payment Initiation Services and wider business adoption. Discussions also covered stronger bank-fintech coordination, service quality and a more consistent customer experience.
Saudi Arabia's Capital Market Authority approved Al Rajhi Capital’s public offer of the Al Rajhi Sukuk Distribution Fund. The approval confirms compliance with legal requirements and is not an investment recommendation, with investors expected to assess the fund’s terms, strategy and risks.
The Czech National Bank unanimously held the two-week repo rate at 3.75%, judging that June’s increase and higher longer-term rates had sufficiently tightened conditions, while core inflation remained elevated and risks were inflationary overall. The Bank said relatively tight policy remains necessary and signalled its next decision will be between holding and raising rates.
The U.S. House passed four Financial Services Committee bills addressing coin production, financial fraud, supervisory technology and whistleblower protections. The measures would end penny production, support grant-funded financial crime investigations, require regulators to assess their technology and extend protections to certain previously funded housing contracts.
The Securities and Exchange Board of India is extending its common reporting platform to clearing members that are also stock brokers, eliminating duplicate filings across clearing corporations. From September 30, 2026, the first phase is proposed to cover 14 reports, about 60% of reporting requirements, for roughly 1,066 members. A second phase from December 31, 2026, would explore further reports and coverage of professional clearing members.
The New Brunswick Financial and Consumer Services Commission warned that First Class Investing is not registered to deal in or advise on securities or derivatives in the province. The alert applies to firstclassinvesting.net and firstclassinvesting.com, and investors should avoid dealing with the firm.
The Vietnam State Securities Commission is seeking quotations for cybersecurity exercises and awareness training for its information technology systems from 2026 to 2028, with submissions due by Sept. 28, 2026.
The Central Bank of the Republic of China (Taiwan) held the discount rate at 2%, citing contained inflation, solid growth and global uncertainty, and raised its 2026 gross domestic product growth forecast to 11.48%. It also raised the loan-to-value cap for second housing loans to natural persons from 60% to 70%, effective September 18, as property credit concentration and speculative activity declined.
People's Bank of China Deputy Governor Xuan Changneng met PayPal Global Executive Vice President Allen on Sept. 15 to discuss global financial markets, payment systems and PayPal’s business operations in China.
The U.S. Securities and Exchange Commission proposed rescinding Rule 14a-8 and leaving shareholder proposal frameworks to state law and, where permitted, company governing documents. Related changes would revise discretionary proxy authority and streamline four proxy solicitation requirements, including annual report delivery, waiting periods, exempt solicitation notices and broker searches.
The U.S. Securities and Exchange Commission’s Division of Examinations will publish an expanded examination process handbook later in September, before the new fiscal year begins. The division is also strengthening coordination with policy teams and urged registrants to prepare thoroughly, communicate openly and use exit conferences to address disputed findings.
U.S. Securities and Exchange Commission staff clarified how municipal advisors’ roles in preparing municipal securities disclosures can trigger advisory duties and antifraud exposure. Written agreements do not control where actual conduct expands an advisor’s role, and liability disclaimers cannot waive antifraud responsibility. Advisors should document and update their responsibilities, conduct appropriate accuracy and completeness inquiries, and maintain relevant compliance procedures.
The U.S. Securities and Exchange Commission has granted temporary, conditional exemptions allowing qualifying venues and liquidity providers to support permissioned trading of certain tokenized National Market System stocks. Venues must meet sanctions, access, investor-rights and issuer-objection conditions, while federal anti-fraud and anti-manipulation rules remain fully applicable. The SEC is seeking input as it considers durable rulemaking for onchain markets.
The U.S. Securities and Exchange Commission approved a temporary, conditional exemption for limited onchain trading of tokenized NMS stocks on qualifying venues. The framework imposes symbol and volume limits, transparency and technology safeguards, and disclosure and recordkeeping conditions while generating data for future policymaking.
The Thailand Securities and Exchange Commission is consulting on clearer criteria for when investment advice distributed through media falls outside regulated advisory business. The exemption would cover broadly disseminated, non-personalized information provided in good faith, while a related amendment would align the institutional investor definition with business conduct standards.
The Hong Kong Securities and Futures Commission’s prosecution of Oliver Chow Pak Wah will undergo a pretrial review on November 12, 2026. Chow pleaded not guilty to three charges alleging noncompliance with information and interview notices linked to two market manipulation investigations.
National Bank of Georgia Vice President Ekaterine Galdava outlined a three-stage strategy covering domestic payments modernization, instant payments and regional interoperability. New ISO 20022 settlement and clearing systems launched in May 2026, while an instant payment system is at an advanced stage and discussions on aligning regional standards and infrastructure are underway.
A European Commission and European Investment Bank report finds that 64% of EU firms are prepared to manage geopolitical risks and nearly 90% expect exports to remain stable or increase. Tariffs and regulatory compliance have overtaken logistics and input shortages as the main trade obstacles, while the single market is helping shield firms from disruption.
The National Bank of the Kyrgyz Republic delivered a financial literacy lecture focused on financial products, fraud prevention and money mule activity, including a demonstration of the Tunduk application’s voluntary credit self-ban function.
The National Bank of Serbia reported that the financial sector’s one-year inflation expectation remained at 3.5%, within the target band, while its medium-term forecast held at the 3.0% target midpoint. Corporate medium-term expectations declined, but short-term corporate expectations stayed at 5.0% and household expectations remained at 10%.
The National Bank of Moldova and the National Bank of Romania discussed expanding cooperation to support Moldova’s European financial integration. Priorities include technical assistance, financial education, annual joint events and exchanges of good practices, building on collaboration that supported Moldova’s accession to the Single Euro Payments Area.
National Bank of Moldova Governor Anca Dragu outlined an internal AI governance framework covering responsible use, human oversight, data protection and confidentiality. She said AI should support rather than make decisions, while noting that an internal AI assistant is available to all central bank employees.
National Bank of Moldova Governor Anca Dragu discussed financial-sector cooperation with German diplomatic and Bausparkassen representatives, including the German-European Bauspar savings and lending model. The central bank is exploring an interconnection between MIA and the Eurosystem’s TIPS platform while continuing EU regulatory alignment and payment-system integration.
The Investors Compensation Fund withdrew R.I.A.L Raising Investment Advisory Ltd.’s membership after its Cyprus Investment Firm authorization was withdrawn, without affecting covered clients’ potential compensation rights for earlier eligible operations.
Cyprus banking sector profits fell 21.1% year over year to EUR 456 million in the first half of 2026, mainly because of a foreign exchange loss. Second quarter assets rose 1.6% to EUR 71.378 billion, while the CET1 ratio increased to 25.5%.
The Central Bank of Cyprus reported that the banking sector’s nonperforming exposure ratio remained at 1.6% at the end of June 2026. Provision coverage rose to 64.9%, while EUR 0.3 billion of EUR 0.7 billion in restructured facilities remained nonperforming.
The Bank of Greece reported that transferred domestic private sector loans serviced by domestic CSFs increased by EUR 59 million to EUR 79.653 billion in the second quarter of 2026. Growth in corporate loans offset declines in lending to individuals and private nonprofit institutions, sole proprietors, farmers and unincorporated partnerships.
Greece's Ministry of National Economy and Finance previewed the Sept. 18 and 19 Eurogroup and informal ECOFIN meetings in Ireland, which Kyriakos Pierrakakis will attend as finance minister and Eurogroup president. Discussions will cover eurozone productivity, growth and investment, as well as EU macroeconomic developments, financial stability and policy priorities.
The National Securities and Stock Market Commission of Ukraine outlined seven initiatives to expand business and investor access to capital markets. Planned measures include simpler issuance and joint-stock company registration, tax-advantaged personal investment accounts and renewed municipal bond financing. The commission is seeking specific business proposals to shape the rules and implementation mechanisms.
The National Bank of Ukraine raised its key policy rate by 0.5 percentage point to 16% as underlying price pressures and medium term inflation risks increased. Inflation reached 8.1% in August, driven partly by higher fuel prices and infrastructure damage. The bank may tighten further if inflation risks worsen, while weaker demand and labor market conditions could prompt easing.
The Central Bank of the Republic of Türkiye held its policy rate at 37% and kept the overnight lending and borrowing rates at 40% and 35.5%. Weakening demand is supporting disinflation, but elevated energy prices, geopolitical disruptions and inflation expectations remain upside risks. The bank will tighten policy if the inflation outlook deteriorates significantly and persistently.
A European Central Bank working paper develops an entropic tilting method that makes model forecasts exactly match survey probability histograms while preserving the model’s internal relationships. Applied to U.S. data from 1996 through 2025, it improved forecast accuracy, particularly during the Great Recession and COVID-19 pandemic, including for variables not directly targeted by the survey.
An European Central Bank working paper finds that FinBERT based news mood indices match human assessments of financial news sentiment more closely than dictionary based measures. The analysis covers 143,755 articles and validates the measures against ratings from 444 participants, with transformer based indices substantially outperforming vocabulary based alternatives in sentiment classification. The findings do not represent the ECB’s views.
De Nederlandsche Bank outlined three defenses against explosive ATM attacks: stronger machines, banknote neutralization and refusal of stained notes. The Netherlands recorded 19 attacks in the first half of 2026. Indelible ink and synthetic DNA can make stolen cash unusable and help investigators trace it to a specific ATM.
The Guernsey Financial Services Commission has eased virtual asset rules by removing the blanket retail customer restriction and the need for existing licensees to obtain a separate virtual asset service provider licence in every case. From Oct. 1, 2026, it will also remove the sector-specific environmental reporting requirement for virtual asset providers.
The Central Bank of Latvia has licensed Velvian SIA to provide payment acceptance services, including enabling card payments for merchants, platforms and other business customers. It is the seventh payment institution license issued in 2026, bringing the number of licensed payment institutions in Latvia to 11.
The Saeima elected Andris Strazds as deputy governor of the Central Bank of Latvia from Oct. 1, 2026, succeeding Māris Kālis. Strazds will oversee financial management, asset management, financial stability and personnel management.
The Financial Conduct Authority urged payment and e-money firms to understand customers’ vulnerabilities, tailor support and test whether it delivers good outcomes. Firms should use management information, complaints and feedback to identify shortcomings, with proportionate senior management reviews available to smaller providers.
The Financial Conduct Authority is investigating whether Euro Exchange Securities UK Ltd committed money laundering regulation offences between Feb. 1, 2020, and June 4, 2026. The inquiry covers potential weaknesses in risk assessments, customer due diligence, monitoring, governance and related controls, but no conclusions have been reached.
The Financial Conduct Authority and partner agencies targeted three London premises suspected of illegal peer-to-peer crypto trading and issued cease and desist letters. No peer-to-peer crypto businesses are currently registered with the FCA, although registration is required when the activity is conducted as a business in the UK.
The National Bank of Ukraine raised its key policy rate by 50 basis points to 16% to counter persistent price pressures and medium-term inflation risks, support hryvnia assets and foreign exchange market stability, and return inflation toward its 5% target. Consumer inflation reached 8.1% year on year in August, while the Bank remains prepared to tighten further and stressed that sufficient external assistance is crucial for macrofinancial stability.
The World Bank estimates that productivity reforms could raise Seychelles’ GDP by 13% by 2040 and create 2,900 additional jobs. It recommends modernizing the labor market and business environment, improving skills and school-to-work pathways, and accelerating digital transformation.
The Philippine Securities and Exchange Commission secured the convictions of two Aura Finance and Investments operators for offering unregistered securities without the required authority. Aura solicited placements of PHP 10,000 to PHP 100,000 with purported guaranteed monthly returns of 6% despite lacking corporate registration and the necessary licenses.
The Philippine Securities and Exchange Commission has finalized revised annual corporate governance training requirements for directors and key officers of publicly listed companies, public companies and registered issuers. The rules update accreditation and fees for institutional providers, speakers and in-house programs, while introducing exemptions, reporting duties and fines of up to PHP 50,000. A fourth violation may lead to suspension or revocation of accreditation.
The National Bank of Moldova unanimously raised its base rate by 150 basis points to 9.00%, maintaining a restrictive stance amid supply shocks and resilient domestic demand. Annual inflation reached 6.96% in August, above the target band, with further decisions dependent on the updated inflation outlook.
Morocco's Supervisory Authority of Insurance and Social Welfare has launched an insurance education series, beginning with an Arabic and French workbook for people aged 15 to 25. Future issues will target people aged 26 to 40 and those over 40.
The Bank of England’s Monetary Policy Committee (MPC) voted 6-3 to hold Bank Rate at 3.75% in September 2026, with three members favouring a 25-basis-point increase as higher energy prices increased upside inflation risks. The MPC unanimously agreed to reduce its monetary policy gilt holdings to zero by end-2034 through an average annual unwind of GBP 46 billion, while forecasting consumer price index inflation to rise slightly above 4% in the first quarter of 2027.
The International Swaps and Derivatives Association called for further calibration of Basel III market risk rules and sufficient implementation time for internal models. It will offer its capital models benchmarking service to banks newly covered by the European Banking Authority’s expanded 2027 exercise, while urging greater consistency across the US, EU and UK.
The Hong Kong Mandatory Provident Fund Schemes Authority suspended Au Chi Yan’s intermediary registration for 28 months over an unauthorized transfer of a member’s MPF benefits. Au misused personal information obtained in an earlier transaction, and the Mandatory Provident Fund Schemes Appeal Board upheld the suspension after finding the misconduct very serious.
The Hong Kong Monetary Authority raised the Base Rate by 25 basis points to 4.25% with immediate effect, following the increase in the U.S. federal funds target range. The rate was determined under the preset formula and remains the basis for calculating Discount Window repurchase rates.
The Hong Kong Monetary Authority warned the public about fraudulent banking websites, login screens, phishing emails and other scams. Customers who disclosed information or conducted transactions should contact their bank and report the matter to the Hong Kong Police Force.
The Bank of the Lao PDR and EY Laos held a seminar for commercial banks on Basel II implementation and credit scoring. Discussions covered lessons from Vietnam, foundational scoring approaches and practical implementation challenges.
The National Bank of the Republic of Tajikistan’s Financial Monitoring Department and the Korea Financial Intelligence Unit signed an agreement to exchange intelligence on money laundering, associated predicate offenses and terrorist financing.
Kazakhstan’s Financial Market Agency held further talks with Korea’s Financial Services Commission and financial institutions on regulation, capital markets, project financing, digital finance and AI. Chair Madina Abylkassymova also discussed expanded cooperation with BNK Busan Bank, whose Kazakh subsidiary has KZT 25.7 billion in assets.
Kazakhstan’s financial market regulator, the Insurance Payments Guarantee Fund and the Chartered Insurance Institute signed a strategic cooperation memorandum on insurance sector training. The agreement provides for professional knowledge exchange and joint educational and information initiatives.
Kazakhstan’s financial market regulator discussed actuarial training, certification and international cooperation with ACTEX Learning and the International Actuarial Association. The talks covered the proposed Central Actuary under the draft 2030 insurance program and a potential center to train and certify insurance professionals.
Kazakhstan’s financial market regulator outlined a draft 2030 insurance program comprising six strategic directions and 18 initiatives. A planned new Insurance Market Law would modernize regulation, introduce risk based supervision, advance digitalization and strengthen compulsory, voluntary and guaranteed insurance arrangements. Insurers’ assets reached KZT 4.1 trillion as of July 1 after nearly doubling over three years.
Domestic bank lending to SMEs reached TWD 11,423.8 billion at the end of July 2026, rising TWD 132.7 billion from June. SME loans’ share of enterprise lending declined, while the average nonperforming loan ratio remained unchanged at 0.20%.
Apex Corporate Services (IOM) Limited has surrendered its licence under Section 7 of the Financial Services Act 2008.
Taiwan’s Ministry of Finance reported that the top 10 product categories accounted for 80.5% of exports in January to August 2026. Automatic data processing machines became the largest category at 33.5%, ahead of integrated circuits at 33.1%. The United States dominated demand for the former, while Mainland China and Hong Kong remained the leading market for integrated circuits.
Isle of Man Financial Services Authority CEO Bettina Roth is joining a UN Environment Programme summit panel on integrating nature into insurance risk management, underwriting and supervision. The discussion supports the Authority’s proportionate approach to embedding climate and nature-related matters in firms’ existing governance and risk management processes.
De Nederlandsche Bank confirmed that its EUR 95,000 fine against Erez Corporate Service B.V. is final after the trust office withdrew its appeal. The fine concerned Erez’s failure to conduct the mandatory annual audit for 2019.
The Dutch Central Bank has confirmed that Erez Corporate Service must pay EUR 100,000 after failing to remedy trust office compliance breaches within six months. The deficiencies covered integrity risk controls, procedures and customer due diligence, and the enforcement order is now final after Erez withdrew its appeal.
The National Securities and Stock Market Commission of Ukraine is continuing recruitment for authorized officer positions, with applications accepted through Sept. 23. Candidates must demonstrate professional experience, impartiality, integrity and independent judgment, including effective management of conflicts of interest.
The UAE Ministry of Economy and Tourism published August 2026 price data for 33 essential goods across 13 retail outlets. The monitoring covers average and selected lowest prices for staples including rice, flour, oils, eggs, dairy products, chicken, bread and sugar.
South Korea’s Securities and Futures Commission imposed a three-year designated-auditor requirement on Haitai Confectionery & Foods for financial misstatements from 2016 to 2019 and obstruction of an external audit. The measures also include personnel sanctions and notifications to prosecutors, while financial penalties await a final Financial Services Commission decision.
A Bank for International Settlements working paper finds that disruptions to Strait of Hormuz traffic generate lower global output, higher commodity and consumer prices, and wider credit spreads. Effects emerge after four to six months and can last up to a year, with the largest increases occurring when inflation or spreads are already high.
The South Korea Financial Services Commission is reviewing third-party joint and several liability clauses in new technology finance investment contracts. Venture groups sought stronger limits on founders’ personal liability, while investors warned that a blanket ban could weaken fund protections and financing. The commission may pursue regulatory, guideline-based or market-led contract reforms after examining current practices.
The South Korea Financial Services Commission detailed a KRW 3 trillion fund to restructure stalled project finance sites, with 60% targeted at residential projects expected to support about 18,000 homes. KAMCO plans to select managers by December 2026 and establish the fund in the first half of 2027. The existing KRW 1.1 trillion fund has invested KRW 373 billion in residential sites expected to supply about 3,881 homes and semi-residential units.
South Korea's Financial Services Commission has joined a five agency framework linking gambling prevention and treatment for military personnel with financial and debt support. The commission and Financial Supervisory Service will strengthen counseling and referrals for gambling related debt and illegal private lending, while partner agencies provide early detection, treatment and recovery services.
The South Korea Financial Services Commission has strengthened National Growth Fund oversight through new risk management and post-investment committees that will operate from October. It also approved about KRW 1 trillion for five offshore wind and advanced manufacturing projects. Cumulative approvals and fund formations reached KRW 18.9 trillion across 35 projects through September.
South Korea's Ministry of Economy and Finance assessed that the September US rate increase would have a limited market impact because it had largely been priced in. Authorities will monitor global and domestic markets, act against excessive government bond market concentration and supplement support for vulnerable borrowers if needed.
The Vietnam State Securities Commission canceled a VND 680.7 million tender for an audit of its management and supervision information technology system after selecting no contractor. The identified bidder failed to meet the tender’s technical requirements.