French Financial Markets Authority mediation referrals reached a record 3,010 in 2025, up 37%, while closed cases rose 41% to 2,772. Growth continued in the first half of 2026, led by equity savings plan transfer disputes, with employee savings, real estate investment companies, crowdfunding and crypto assets also generating substantial caseloads.
The European Securities and Markets Authority warned that elevated technology valuations and strong investor optimism are increasingly detached from weaker economic conditions and geopolitical risks, raising the prospect of an abrupt market correction. Operational risks are also rising as frontier artificial intelligence intensifies cyber threats, while growing U.S. equity concentration leaves EU investors more exposed to a repricing.
The UAE Cabinet’s Ministerial Council for Artificial Intelligence and Development reviewed the second phase strategy for expanding agentic AI across the federal government. Planned initiatives include the secure FedAI technical ecosystem, a customer experience lab and government projects to be launched in the next phase.
The Jordan Securities Commission has launched an ESG Code that will apply mandatorily to ASE20 companies from financial year 2027 on an apply and explain basis. Aligned with IFRS S1 and IFRS S2, it requires standalone annual sustainability reporting and stronger board, committee, risk and disclosure arrangements. Coverage is expected to expand to other listed companies in later phases.
The European Financial Reporting Advisory Group will open its 17 September meeting to registered observers through a live webcast, although it may hold closed sessions.
The National Bank of Georgia and the Astana Financial Services Authority agreed to develop mutual access and recognition mechanisms for their securities markets. The framework will strengthen supervisory cooperation and information sharing while preserving each jurisdiction’s legal and regulatory requirements.
The Vietnam State Securities Commission revoked Pham Thi My Dieu’s brokerage practitioner certificate for manipulating the securities market.
Taiwan credit card retail sales fell to TWD 454.4 billion in July 2026, while revolving balances and the delinquency ratio increased. Electronic payment account users, transaction volumes, remittances and balances all rose from June levels.
Taiwan’s 38 domestic banks held TWD 48.85 trillion in outstanding loans and TWD 68.59 billion in nonperforming loans at the end of July 2026. The average nonperforming loan ratio remained at 0.14%, while the allowance coverage ratio rose to 941.22%.
The Banking Agency of the Federation of Bosnia and Herzegovina published tabular and graphical information on banking system entities as of June 30, 2026.
Central Bank of the Republic of Azerbaijan Governor Taleh Kazimov and a World Bank delegation reviewed implementation of the 2025–2029 Country Partnership Framework and ongoing investment projects. They also discussed future cooperation and technical assistance between the institutions.
South Korea’s Ministry of Economy and Finance outlined a K-AI package combining development-funded infrastructure with AI solutions, data centers and power facilities in Africa. It plans to link Korean cooperation funds and advisory programs with African Development Bank financing to create projects for private companies. South Korea and Mozambique also agreed to expand natural resources policy cooperation and connect advisory work with investment opportunities.
The Bank of Thailand and supervised financial service providers have established a framework to prevent the financial system from being used for fraud and other illegal activities. It calls for stronger due diligence, high-risk transaction monitoring, technology-based detection and information sharing, supported by enhanced supervisory standards and a database linked to the Central Fraud Registry.
The Croatian Financial Services Supervisory Agency and the Astana Financial Services Authority have established a framework for regulatory cooperation. The agreement covers the exchange of expertise, knowledge and supervisory best practices, alongside stronger cross-border cooperation.
The Croatian Financial Services Supervisory Agency approved Carrello INT to announce a takeover bid for Tehnika at EUR 10 per ordinary share. The offeror and persons acting in concert already hold 51.26% of Tehnika’s share capital and voting rights.
Bank Indonesia reported that Indonesia’s net international investment liability declined to USD 197.4 billion in the second quarter of 2026 from USD 223.0 billion in the first quarter. Foreign liabilities fell 1.9% to USD 769.0 billion, while foreign assets rose 1.9% to USD 571.5 billion.
Bank Indonesia reported that Indonesia’s net international investment liability fell to USD 197.4 billion in the second quarter of 2026 from USD 223.0 billion. Foreign liabilities declined 1.9% while foreign assets rose 1.9%, reducing the position to 13.3% of gross domestic product.
Labuan Financial Services Authority Director-General Affendi Rashdi outlined plans to keep captive insurance at the center of Labuan IBFC’s 2027–2031 strategy, with priorities covering Asian market growth, digital innovation, specialist capability and proportionate regulation. A forthcoming MADANI Captive Framework and updated captive takaful rules will expand Shariah-compliant options, while work is underway on governed premium and claims settlement using approved stablecoins. Labuan IBFC had 71 captives by the second quarter of 2026.
The Hong Kong Securities and Futures Commission directed the suspension of trading in Cloudbreak Pharma shares from 9 a.m. over concerns that its initial public offering may have been rigged to create artificial demand. The suspension will apply while the regulator’s investigation continues.
The Global Legal Entity Identifier Foundation has appointed eMudhra as a Validation Agent of Legal Entity Identifier India Limited. Organizations in India will be able to apply for and renew Legal Entity Identifiers through eMudhra’s identity verification and onboarding processes, reducing separate checks while supporting growing regulatory demand.
Finland’s Financial Supervisory Authority has opened recruitment for a Director General for a five-year term. The current Parliamentary Supervisory Council intends to make the appointment in early 2027, with applications due by noon on Oct. 5, 2026.
The Central Bank of the UAE participated in the second BRICS Finance Ministers and Central Bank Governors Meeting in Mumbai, where members adopted a joint statement and announced a central bank capacity building initiative.
Central Bank of the UAE Governor Khaled Mohamed Balama received an A-minus in Global Finance’s 2026 rating of central bank governors. The assessment covers about 100 countries and territories and considers monetary and economic performance, including inflation control, growth and currency stability.
The Central Bank of Syria welcomed the Arab League Council’s full lifting of political, economic and social sanctions on Syria and its institutions, while sanctions related to former regime officials remain. The bank expects the decision to support economic recovery, banking sector reconstruction and wider trade and financial links.
The Australian Prudential Regulation Authority has launched a final consultation on streamlined standards for the government’s Retirement Reporting Framework. The revisions reduce reporting complexity, refine retirement and drawdown metrics, and add guidance for common reporting scenarios. APRA expects to finalize the package by the end of 2026 and begin collecting data in late 2027.
Monetary Authority of Singapore Deputy Chairman Chee Hong Tat said the Shared Responsibility Framework for unauthorized phishing transactions is unsuitable for self-effected investment scams. The government is instead using platform restrictions, bank cooling periods and consumer verification measures to reduce such scams.
The Monetary Authority of Singapore outlined requirements for banks to investigate unauthorized transaction disputes promptly, suspend collection during investigations and explain liability assessments. Customers can escalate disagreements to the Financial Industry Disputes Resolution Centre without legal representation, while card scheme rules and potential goodwill payments provide additional protections.
The National Bank of the Republic of Tajikistan reviewed 35 years of banking reform, from establishing monetary sovereignty to expanding regulation and digital finance. As of June 30, 2026, banking assets stood at TJS 63.6 billion, while cashless payments accounted for 41% of payments for goods and services in the first half of the year.
The Reserve Bank of Fiji and HFC Bank have renewed their Fiji Innovation Hub partnership, with FJD 50,000 committed to the program’s second year. The funding will support innovation events, accelerator activities, mentoring and networking for early stage ventures.
The National Bank of the Kyrgyz Republic found that adult financial literacy rose 4% from 2021 to 11.8 out of 20 in 2025, driven by stronger financial knowledge and behavior. However, attitudes toward long-term financial matters declined 8%, pointing to a greater focus on current needs and limited long-term planning.
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan warned that fraudsters are manipulating consumers into taking out remote loans or surrendering access to mobile banking services. Consumers should not share verification codes, complete biometric checks on another person’s instructions or transfer loan proceeds to purported safe accounts. The agency recommends monitoring credit records, using the Stop Credit service and contacting financial institutions through official channels.
Financial Supervisory Service Governor Lee Chanjin outlined capital market reforms at a London investor roundtable. Planned measures cover Kosdaq restructuring, corporate governance, funding for growth firms and stronger action against market distorting practices. The regulator also plans shorter settlement periods, longer trading hours and infrastructure for tokenized securities and wider foreign exchange access.
The New Zealand Financial Markets Authority called for stronger KiwiSaver governance, conduct and disclosure as assets reached a record NZD 138.8 billion and the average balance rose to NZD 40,340. It highlighted expectations for balanced marketing, robust private asset valuation and liquidity controls, and substantiated sustainability claims. The regulator will also research provider fee trends as total fees reached NZD 978.2 million.
The Central Bank of Samoa announced a limited issue 100 tālā banknote marking the centenary of Queen Elizabeth II’s birth. It is legal tender but is intended as a commemorative issue rather than for general circulation, with imagery recalling her life and 1977 visit to Samoa.
The Australian Securities and Investments Commission accepted Ross Thomson’s application to cancel his liquidator registration after raising concerns about his fitness, resources and performance of duties. He resigned from several liquidations, and his remaining bankruptcy estates were transferred to the Official Trustee. Thomson made no admissions.
The Thailand Office of Insurance Commission held its annual arbitration seminar to strengthen health insurance knowledge and promote consistent dispute rulings. Training addressed policy terms, coverage and exclusions, while case studies supported fairer and more standardized awards. Complaint and dispute findings will also inform supervision and preventive consumer protection.
Bank Indonesia expects retail sales to grow 0.5% year over year in August 2026, while edging down 0.1% month over month. July sales rebounded 1.1% annually after June’s 3.0% contraction, and retailers anticipate milder inflationary pressures in October 2026 and January 2027.
The Central Bank of Mexico’s 2025 annual report records 30 actions spanning credit transparency, payroll competition, card payment interoperability and consumer protection. Key measures included payroll linked credit reforms, consultations on credit cost disclosures and card payment rules, and changes governing indirect participation in the Interbank Electronic Payment System. The bank also imposed 96 sanctions, with fines totaling MXN 19.9 million.
New Zealand renewable sources supplied a record 92% of electricity generation for a June quarter, pushing coal and gas fired generation to multidecade June quarter lows. Wholesale electricity prices fell 66% year over year, but residential costs rose 10% because of higher network charges. International supply disruptions also lifted petrol prices by about 22% to 23% and diesel prices by 69%.
The Australian Securities and Investments Commission cancelled AGFA Accountants Pty Ltd’s registered agent status for breaching its registration terms and conditions.
The Monetary Authority of Macao hosted 21 representatives from seven Portuguese speaking central banks to strengthen statistical cooperation. Discussions focused on electronic payments data, external sector statistics, preparations for the BPM7 transition and coordination between central banks and statistical agencies.
The South Korea Financial Services Commission will closely monitor 325 capital region housing project finance projects expected to start or finish construction in 2027 and called for timely guarantees and private funding. A Gimpo development involving about 2,700 homes secured approximately KRW 600 billion through Korea Housing Finance Corporation guarantees, demonstrating how public support can keep viable projects moving.
South Korea’s Ministry of Economy and Finance outlined reforms to modernize steel production, broaden permitted uses of knowledge industry centers and reduce vacancies. The government will also establish an interagency framework targeting manipulated trade records, subsidy and policy finance fraud, and false country of origin claims in public procurement.
South Korea’s Financial Supervisory Service reported that securities companies’ preliminary net income rose 20% quarter on quarter to KRW 5.1914 trillion in the second quarter of 2026, driven by higher commission and proprietary trading income. Their average net capital ratio increased to 1,140.5%, while futures trading companies’ net income rose 12.8% to KRW 36.84 billion. The regulator will monitor soundness risks, promote the resolution of insolvent assets and review liquidity and capital rules.
The Thailand Office of Insurance Commission urged Songkhla SMEs to assess their risks and select insurance suited to their operations, while strengthening awareness of insurance fraud. It highlighted combined SME Package policies, sector-specific products and mandatory coverage for certain businesses.
China's National Financial Regulatory Administration set out a five-year agenda focused on local financial institution risk resolution, differentiated supervision and stronger conduct controls. It will clarify institutions’ business boundaries, improve early intervention and tighten consumer protection. Banks and insurers will also be directed to expand support for technology, manufacturing, consumption, major projects, foreign trade and small businesses.
The US Commodity Futures Trading Commission and Kansas State University’s Risk Management Center released the agenda for the Agricultural Commodity Futures Conference on Oct. 22-23, 2026. Discussions will cover agricultural market structure, contract convergence, financing, clearing access, artificial intelligence and the farm economy.
The US Office of the Comptroller of the Currency raised the asset threshold for certain institutions to qualify for an 18-month on-site examination cycle from USD 3 billion to USD 6 billion. Approximately 50 additional OCC-regulated institutions can move from examinations every 12 months to every 18 months.
The Australian Prudential Regulation Authority has launched a final consultation on revised reporting standards for the government’s Retirement Reporting Framework. The package streamlines data requirements, refines methodologies and definitions, and adds a reporting practice guide. Data collection is expected to begin in late 2027, with the first indicators and metrics published in 2028.
The Central Bank of Brazil approved standardized social, environmental and climate risk disclosures for institutions in segments S1 to S4. The framework adds comparable metrics covering emissions intensive sectors, physical climate risks and specified environmental exposures. Requirements take effect on Jan. 1, 2027, with phased implementation by regulatory segment.
The Brazil Securities Commission has signed a third supervisory agreement related to its investigation of Americanas S.A.’s Jan. 11, 2023, material fact disclosure. The agreement is expected to provide further evidence for the investigation, which has been underway since 2023.
The Argentina Securities Commission, the Financial Intelligence Unit and the Argentine Fintech Chamber brought together more than 300 participants to discuss financial crime risks, regulatory improvements and fintech compliance. The forum covered risk-based supervision, the regulatory treatment of virtual asset service providers, digital onboarding and artificial intelligence.
The World Bank Group's International Finance Corporation has launched an initiative offering up to USD 700 million in guarantees to help financial institutions in emerging markets expand digital payments. It estimates the program will increase digital payments by about USD 280 billion and add 90 million active users, including 39 million women.
The Central Bank of Cuba has profiled Tamara Hernández’s 42-year banking career as part of Banco Metropolitano’s 30th anniversary series. The article highlights her progression into accounting and her long-standing responsibility for overseeing the bank’s fixed assets.
The Central Bank of Paraguay highlighted rapid instant payment growth, with about 382 million transactions processed in 2025 and approximately 2.5 million transfers now completed daily. Its second Payments Seminar focused on interoperability, new use cases, competition, security and resilience as the country expands its digital payment framework.
Sade Jemmott, general counsel at the Barbados Financial Services Commission, achieved a record 99% distinction in the International Certificate in Financial Services Regulation. The mark is the highest in the examination’s history.
The Central Bank of Belize acknowledged a tribunal finding that procedural deficiencies made a former employee’s dismissal unjustified, resulting in an award of compensation. The bank maintained that the underlying social media post raised legitimate workplace safety concerns while recognizing its obligation to follow fair disciplinary procedures.
The Superintendency of Banks of Panama has prohibited specified fees for deposit and lending services, including most in-person cash transactions and payments. The amendments also govern early and extraordinary loan payments, credit migration and linked insurance policies. They take effect Jan. 4, 2027.
The National Bank of Belgium forecasts Belgian GDP growth of 0.3% in the third quarter of 2026, following stagnation in the second quarter. Stable household consumption and recovering investment should support activity, while net exports are expected to contribute little and risks remain broadly neutral.
European Central Bank President Christine Lagarde urged EU member states to act collectively as economic and geopolitical pressures intensify. She identified the savings and investments union and digital euro as tools to strengthen investment, growth and European sovereignty.
The Central Bank of West African States (BCEAO) held its main policy rate at 3.00%, marginal lending rate at 5.00% and reserve requirement ratio at 3.00%. Inflation is projected to average 1.0% in 2026, with growth forecast at 6.1%, while the BCEAO will monitor risks from the Middle East crisis and monetary conditions.
The Central Bank of Nigeria eased Discount Window restrictions and opened primary and secondary OMO markets to all eligible investors through Deposit Money Banks. Banks using the Standing Lending Facility remain excluded from same-day OMO auctions, while restrictions involving the foreign exchange market and primary government securities auctions have been removed. Tenored Repo Operations have also resumed for approved tenors of four to 90 days.
Allianz Trade Middle East Limited has opened a new office at Dubai International Financial Centre to expand its regional trade credit insurance and risk management operations. The DFSA regulated company is licensed for insurance management and works with local fronting partners across the Gulf Cooperation Council.
The Hong Kong Insurance Authority hosted a Belt and Road Summit panel on risk management for Chinese Mainland enterprises expanding globally. The discussion highlighted how Hong Kong’s insurance and advisory sectors can provide integrated risk assessment and mitigation support to large enterprises and small and medium-sized enterprises.
The European Commission has declined to endorse the European Banking Authority’s targeted amendments to shorten prior permission applications for reducing own funds and eligible liabilities instruments. The EBA will pursue simplification and efficiency gains through a broader review of the standards.
The New York State Department of Financial Services has proposed requiring prior approval for every private passenger auto insurance rate increase, replacing an allowance for limited increases without review. Insurers would also have to explain qualifying rate decreases tied to Fiscal Year 2027 reforms to policyholders. The law and regulation will take effect Nov. 27, 2026.
The Financial Services Regulatory Authority of Ontario suspended health service provider licences and revoked mortgage brokerage licences for failures to file annual returns and pay fees. Suspended health service providers may continue providing care but cannot receive direct insurer payments.
Superintendent Peter Routledge will discuss key risks and Canada’s financial system’s adaptation to the evolving economic landscape at an Economic Club of Canada event on Sept. 11, 2026.
Czech National Bank Deputy Governor Eva Zamrazilová sees little reason to change the 3.75% key repo rate on September 17, although policy must remain restrictive. She expects food prices to turn inflationary and sees further upside risks from services inflation, wages, property prices, credit growth and public borrowing.
The Central Bank of Montenegro and the World Bank reviewed payment infrastructure modernization and priorities for the central bank’s future membership of the European System of Central Banks. Further cooperation will focus on resilience, institutional capacity and implementation priorities identified by a recently completed independent needs assessment.
The Office of the Commissioner of Financial Institutions of Puerto Rico updated its public information request register through August 2026. The latest requests concerned Bayamón’s insurance policy and the website location of a legally required loss mitigation form, with responses recorded during August.
Riksbank Deputy Governor Anna Seim said trust, stable value and exchangeability at par must remain the foundations of money as payments become more digital. Bitcoin does not meet the basic functions of money, while stablecoins still operate mainly as financial assets despite their potential for faster cross-border payments. Central bank money, payment infrastructure and cash remain essential anchors for Sweden’s monetary system.
Minister of National Economy and Finance Kyriakos Pierrakakis called for common EU supervision where cross-border capital market risks are systemic, while preserving national regulators’ on-the-ground role. He linked deeper capital market and banking integration to mobilizing more than EUR 10 trillion in European savings and reiterated Greece’s target of exceeding EUR 60 billion in annual investment by 2030.
Angola Capital Markets Commission Chair Elmer Serrão reviewed capital market reforms and sector performance at a forum focused on UK investment. His remarks covered the investor base, collective investment undertakings, venture capital and nonresident foreign exchange investors.
The South African Reserve Bank published its monthly list of registered and active institutional investors from the Portfolio Investment Reporting System.
The Central Bank of Chile unanimously held its monetary policy interest rate at 4.5%, balancing weaker domestic activity against 4.1% headline inflation and heightened external uncertainty. It will assess rates meeting by meeting to ensure projected inflation reaches the 3% target over two years.
A federal court entered consent orders requiring Steven Likos to pay USD 320,041.38 in disgorgement and Archie Rice to pay a USD 227,220 civil monetary penalty for retail fraud and related violations. Both received permanent trading and registration bans, while the CFTC’s case against the remaining defendants continues.
The U.S. Department of the Treasury sanctioned Xinbi Guarantee and two companies supporting its cyber scam and money laundering marketplace. Xinbi has processed more than USD 24 billion in digital assets and fiat currency since around 2022. The designations block covered property and generally prohibit U.S.-linked transactions with the entities.
Latvia’s Ministry of Finance expects inflation to remain above 3% for the rest of 2026 and potentially approach 4% by year-end as fuel and heating costs rise. Annual inflation reached 3.2% in August, driven by higher fuel prices, while a 4.2% decline in food prices provided a partial offset.
The Brazil Securities Commission reported 1,023 potential enforcement proceedings in progress at the end of June 2026, with 15 cases advancing to sanctioning proceedings during the second quarter. It also issued 43 warning letters and two stop orders, and approved BRL 6.73 million in settlements covering 10 cases.
The Isle of Man Financial Services Authority deregistered ALNO Limited as a designated business, effective Sept. 9, 2026.
The European Securities and Markets Authority has issued a Listing Act package covering prospectus disclosure guidance, Q&As, product supplements and summary financial information. Proposed disclosure guidelines remove obsolete material and add targeted guidance on management reports, profit forecasts and related party transactions. Final product supplement rules define when a new base prospectus is required, while revised technical standards reduce historical financial information requirements.
The National Bank of Poland held its reference rate at 3.75% as annual inflation rose to 3.4% in August and second-quarter GDP growth accelerated to 3.9%. Further decisions will depend on inflation and activity data, with commodity prices, fiscal policy, domestic growth and wages among the key risks.
In a parliamentary reply, Monetary Authority of Singapore Deputy Chairman Chee Hong Tat said multi-layered safeguards have reduced impersonation scam cases and losses, although bank controls alone cannot prevent scams. Measures include enhanced fraud surveillance, delays of at least 12 hours for higher-risk transactions, removal of PayNow nicknames and tighter controls on online services. The government will continue adapting defenses as scam techniques evolve.
Kazakhstan’s financial market regulator reported that it has adopted 80 acts to implement the new banking law and created the FinAI supervisory platform. It conducted 279 inspections in the first eight months of 2026, imposed 190 supervisory measures and revoked 13 licenses in the microfinance and debt collection markets. Work continues on the 2030 capital and insurance market programs, related draft laws, an artificial intelligence strategy and a unified financial ombudsman’s office.
The Securities and Exchange Board of India has revised agricultural commodity position limits and capped penalties for client level breaches with immediate effect. Broad, narrow and sensitive commodity limits are set at 2%, 1% and 0.5% of deliverable supply, respectively. Breach penalties are capped at INR 200,000 for violations above 2% of the prescribed limit and INR 10,000 for violations of up to 2%.
The Insurance Regulatory and Development Authority of India reported that 11 insurers have adopted Indian Accounting Standards from fiscal 2026-27, with three already submitting first-quarter financial numbers under the framework. Insurers granted forbearance until fiscal 2027-28 are being monitored against board-approved monthly milestones.
The Vietnam State Securities Commission has extended the quotation submission deadline for its centralized data warehouse project to before noon on Sept. 14, 2026. All other terms remain unchanged.
The Central Bank of Nicaragua reported that gross international reserves increased by USD 98.5 million to USD 9.986 billion in August 2026, covering 4.5 times the monetary base. All monetary aggregates grew year over year, while domestic currency instruments absorbed NIO 1.553 billion of liquidity.
The Bank of Korea reported substantially higher bond yields and short-term market rates in August, while the KOSPI recovered toward 7,000 in September. Household loan growth slowed to KRW 3.4 trillion despite faster mortgage lending, while corporate loans increased by KRW 9.7 trillion. Bank and asset management company deposits returned to growth.
The Angola Insurance Authority launched the first edition of ARSEGUITO to teach young people about insurance, pension funds and everyday risk management. The magazine is also intended for families and educators and is available on the authority’s website.
Bolivia's Financial System Supervisory Authority clarified that competent authorities, not ASFI or banks, order account holds, including municipal tax orders affecting about 160,000 accounts in La Paz. Banks have 24 hours to execute routed orders and must inform customers, provide the legal instruction and protect exempt funds such as salaries and pensions. Only the originating authority may order the release of held funds.
Bolivia's Financial System Supervisory Authority clarified that municipal tax authorities, not the supervisor or financial institutions, order fund freezes. About 160,000 accounts are subject to La Paz municipal orders for vehicle and property tax debts. Financial institutions must execute orders within 24 hours, inform customers and protect legally exempt funds.
The Central Bank of Chile cut its 2026 growth forecast to 0.25% to 0.75% as domestic demand, mining output and the labor market weakened. It still expects inflation to converge to 3% in the second quarter of 2027 and projects a growth rebound from 2027, supported by reconstruction investment. The policy rate remains at 4.5%.
Indonesia’s Financial Services Authority has confirmed that Sarjito has taken office as chief supervisor of the Mineral and Strategic Commodities Exchange. The authority is preparing rules for the supervisory transition and exchange operations, with the market targeted to begin operating on Jan. 1, 2027.
The Hong Kong Monetary Authority warned the public about fraudulent banking websites, fake login screens, phishing emails and other scams. Customers who disclosed information or conducted transactions in response should contact their bank and the Hong Kong Police Force.
The Hong Kong Monetary Authority has published an HKICL warning about fraudulent websites impersonating HKICL and offering purported FPS refund and buyer protection services. Some sites seek identity and bank account information or direct users to fraudsters posing as customer service personnel on WhatsApp.
Ahmed Said Mustafa, Maldives deputy minister of finance and public enterprises, identified the integration of Islamic finance into the national financial system as a government priority. He highlighted a framework agreement for a new USD 1.5 billion trade financing facility and emphasized equitable resource management and support for vulnerable people.
The Maldives Monetary Authority has warned against conducting foreign currency exchange transactions with unlicensed operators after identifying unauthorized activity. It listed 59 licensed providers as of Sept. 9, 2026, and urged customers using nonbank providers to verify their licensing status.
The Bank of Albania said TIPS Clone is in the final phase of implementation and remains on track to become operational in November 2026. The platform will enable real-time payments around the clock and further align Albania’s payment infrastructure with European Union standards.