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.
The National Bank of Moldova reviewed progress in aligning financial regulation and supervision with EU standards and its effort to obtain European Banking Authority recognition of prudential equivalence. Governor Anca Dragu also reported that SEPA transfers generated EUR 13.2 million in savings during Moldova’s first 10 months of participation.
The Bank of Namibia received the Alliance for Financial Inclusion’s 2026 Institutional Leadership Award for its financial inclusion work. Principal economist Sesilia Nekwaya-Okafor also received a technical leadership award for her contributions to the network’s Financial Inclusion Data and Impact Working Group.
The Bank of Greece reported an 8.1% quarterly increase in occupational pension fund assets to EUR 3.09 billion at the end of the second quarter of 2026. Investment fund and equity holdings recorded the largest increases, while debt securities remained the biggest asset category despite a decline in their portfolio share.
The National Bank of Belgium expects Belgian GDP growth to rebound to 0.3% in the third quarter of 2026 after stagnating in the second quarter. Stable household consumption and renewed investment growth should support activity, while net exports are likely to make a broadly neutral contribution.
Bank of Italy data showed adjusted private sector lending growth accelerating to 3.5% year over year in July 2026, driven by a rise in corporate credit growth to 4.1%. The cost of new home loans fell to 3.81%, while rates on new corporate and consumer lending increased.
The Bank of Italy reported that GDP grew 0.2% in the second quarter of 2026, while preliminary annual inflation reached 3.2% in August. Its existing June projections forecast 0.5% growth and 3.1% inflation for the year. The first-half current account surplus rose to EUR 11.9 billion, while official estimates put 2026 public debt at 138.6% of GDP.
The Australian Securities and Investments Commission secured further court orders to protect Deckchair Trust assets after Christopher Malcolm Edwards purportedly appointed himself as trustee. Provisional liquidators will act as receivers and managers of the trust’s assets, and Edwards must provide its books and records. ASIC’s investigation remains ongoing.
The Bank of Finland received six applications for a five-year board member term beginning Feb. 1, 2027.
The Moroccan Capital Market Authority registered EQDOM’s 2025 reference document as the annual update to the information dossier for its finance company bills program.
The Moroccan Capital Market Authority registered an update to RCI Finance Maroc’s finance company bills program, increasing its ceiling from MAD 3.5 billion to MAD 5 billion. The bills have a nominal value of MAD 100,000, maturities of two to seven years and fixed or variable rates.
A Bank for International Settlements paper finds that frontier AI is accelerating cyber attacks by automating vulnerability discovery, exploitation and complex operations. Financial authorities are mainly reinforcing existing operational resilience frameworks, with greater emphasis on faster patching, stronger governance, recovery capabilities and oversight of critical third-party dependencies.
The International Swaps and Derivatives Association has proposed a joint CFTC-SEC approval framework to expand US cross-margining ahead of Treasury clearing mandates. It also called for capital rules that better recognize portfolio risk offsets and coordinated action to resolve overlapping requirements and operational barriers across clearing houses.
The Financial Action Task Force has identified growing illicit finance risks across increasingly digital and cross-border gaming and gambling services. Money laundering exposure is highest in casinos and sports betting, while terrorist financing misuse is more evident in online gaming and proliferation financing risks remain very limited. FATF also issued red flags and called for stronger risk-based controls, licensing, cooperation and information sharing.
The Central Bank of Oman reported that real GDP growth accelerated to 2.4 percent in 2025, while the banking sector remained well-capitalized and liquid. It forecasts 4.0 percent growth and 2.6 percent inflation in 2026, alongside fiscal and current account surpluses of about 2.5 percent and 4.1 percent of GDP.
The Luxembourg Ministry of Finance and the United Nations Convention to Combat Desertification launched an initiative to establish the first global catalytic finance platform dedicated to drought resilience. Luxembourg has provided USD 2 million in seed funding and committed EUR 5 million as an anchor investment to mobilize public and private capital.
The National Bank of Georgia held its policy rate at 8.25% as annual inflation reached 5.6% in August, mainly because of energy and food price pressures. It expects average inflation of about 5.2% in 2026 and a gradual return to the 3% target, but could raise rates modestly if prolonged supply shocks lift expectations and intensify second round effects.
The Central Bank of Cyprus reported 27 bounced checks with an aggregate stated value of 27,092 in August 2026, while six persons were added to the preliminary list. The Central Information Register recorded 17 issuer entries during the month, bringing the January-to-August total to 86.
South Korea’s Financial Services Commission reported that household lending rose by KRW 2.6 trillion in August, as a KRW 4.3 trillion mortgage increase was partly offset by a KRW 1.7 trillion decline in other lending. It instructed firms to preserve targeted housing finance while meeting aggregate lending targets under the Aug. 13 package. The commission will review fixed rate mortgage lending and encourage banks to offer long term fixed rate products.
The South Korea Financial Services Commission authorized Samsung Securities to conduct short-term financing business, enabling it to issue promissory notes and increasing the number of authorized comprehensive financial investment business operators to eight.
South Korea's Financial Services Commission fined Dexter Studios and two former chief executives a combined KRW 1.1136 billion for accounting violations, including fabricated revenue, understated financial liabilities and audit obstruction. Other previously approved measures include three years of auditor designation, criminal complaints against the former chief executives and sanctions against the company's former auditor.
The Astana Financial Services Authority and the National Bank of Georgia established a framework to facilitate mutual access in capital markets and asset management, including cross-border services and securities listings. Practical arrangements for eligible firms will remain subject to each jurisdiction’s requirements and will be supported by supervisory cooperation and information exchange.
The Astana Financial Services Authority and the Croatian Financial Services Supervisory Agency have signed a memorandum expanding their cross-border regulatory cooperation. The framework covers information sharing, regulatory consultations and cooperation on financial market supervision.
The Astana Financial Services Authority identified priorities for closer regulatory cooperation and financial market integration across Central Asia and the South Caucasus. These include mutual recognition, regulatory alignment, information sharing, supervisory coordination and stronger cross-border market infrastructure.
South Korea’s Financial Supervisory Service reported that household loans increased by KRW 2.6 trillion in August, slowing from KRW 6.4 trillion in July as non-mortgage lending declined. Mortgage loans rose by KRW 4.3 trillion, and authorities warned that seasonal demand and expanded lending capacity could accelerate growth.
The Indonesia Financial Services Authority used its sixth 2026 LIKE IT event to address the gap between students’ high financial access and lower financial literacy. Students recorded a 62.72% literacy index and a 92.76% inclusion index, prompting guidance on responsible investing, financial planning and protection from illegal products and digital fraud.
The Indonesia Financial Services Authority approved PT Gadai Elektronik Jakarta to expand its pawnbroking operations from the provincial level to all of Indonesia. The company met applicable licensing requirements and must comply with relevant laws and good governance standards. Several other pawnbroking companies are seeking similar nationwide approval.
Pakistan’s workers’ remittances rose 16.5% year over year to USD 3.7 billion in August 2026. Cumulative inflows reached USD 7.3 billion in July-August FY27, with Saudi Arabia remaining the largest corridor.
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan suspended Shygys-Nesie Credit Partnership LLP’s microfinance license for three months over regulatory breaches. The firm cannot issue, extend or amend microcredit agreements but must continue meeting its existing contractual obligations.
The Central Bank of the UAE reported that gross bank assets rose 1.3% to AED 5,669.1 billion in July 2026. Gross credit increased 1.5% to AED 2,798.9 billion, led by private sector lending, while deposits grew 1.1% to AED 3,509.8 billion. All three money supply aggregates and the monetary base also expanded.
A Bank of Italy policy note argues that digital euro merchant fee caps should be resistant to influence by individual payment providers and easy for merchants to verify. It finds that market-wide benchmarks meet these criteria better than merchant-specific caps, which could invite price restructuring, raise compliance costs and preserve weaker terms for smaller merchants.
South Africa’s Financial Sector Conduct Authority fined three financial services providers ZAR 770,000 for breaches of financial crime control and regulatory information requirements. The failures included deficient compliance programs, inadequate customer due diligence, sanctions screening lapses and noncompliance with information directives. ZAR 225,000 of Mmela Financial Services’ ZAR 450,000 penalty is conditionally suspended for three years.
The National Bank of Georgia held its monetary policy rate at 8.25%, maintaining a moderately tight stance amid persistent supply-side inflation pressures. It signalled moderate further increases if supply shocks raise inflation expectations, followed by gradual normalization once the shock dissipates.
The Financial Supervisory Authority of Norway called on Skuld to strengthen actuarial reporting lines, forward looking climate risk analysis and sanctions documentation. Its sanctions review found no listed vessels, owners or beneficial owners in a 10 vessel sample. The insurer is also expected to address pricing gaps and monitor risks from its growth in the U.S. and cruise markets.
The Norwegian Financial Supervisory Authority found that Nordnet Bank’s Norwegian branch lacked adequate controls to identify risky trading by nonprofessional clients and trigger renewed appropriateness assessments or warnings. It also identified deficiencies in affiliate marketing and disclosures of costs for complex products, while acknowledging corrective measures taken by the branch.
The National Bank of Denmark has assessed the implications of stablecoins, finding that their domestic use remains limited. Wider adoption, particularly of foreign stablecoins, could affect payments, banks, financial markets and monetary policy transmission.
Central Bank of Solomon Islands Governor Luke Forau reaffirmed support for the Wansolwara Collaboration among the central banks of Papua New Guinea, Solomon Islands and Vanuatu. The platform supports joint work on financial inclusion, payment systems, climate and cybersecurity risks, institutional capacity and financial system resilience.
The Australian Department of the Treasury is consulting on draft rules that would broaden how the ACCC can serve documents on domestic and overseas recipients. The proposals cover electronic and physical addresses, Australian based agents, senior corporate officers, related bodies corporate and representatives of noncorporate entities. They would apply from the day after the final regulations are registered, including to existing matters.
The Australian Prudential Regulation Authority published quarterly data covering superannuation products, investment options, member demographics and investments.
The Australian Prudential Regulation Authority has released June 2026 fund-level statistics covering member demographics and investments for regulated superannuation funds with more than six members. APRA plans to add fund-level derivatives information, with the next quarterly release scheduled for December 2026.
The Australian Prudential Regulation Authority published June 2026 data on products, investment menus and investment options offered by APRA regulated superannuation funds. The release includes detailed information on fees and costs, performance, investment strategy and asset allocation.
The South Korea Financial Services Commission reported that 12 of 21 housing supply finance measures were completed during August, including expanded project finance guarantees and support centers for financing difficulties. Residential project finance capital ratio requirements will be deferred for two years, while requirements for nonresidential projects remain scheduled for 2027. Securities firms also plan to establish an additional KRW 2.1 trillion fund by year-end.
The Bank of Korea reported stronger growth and profitability among nonfinancial companies in the second quarter of 2026, with sales up 26.7% year on year and the operating income to sales ratio rising to 16.9%. Leverage also declined, as the debt to equity ratio fell to 84.5% from 87.0% at the end of March.
Bank Indonesia reported that consumer confidence strengthened in August 2026, with the Consumer Confidence Index rising to 118.5 from 116.8 in July as assessments of current conditions and expectations both improved.
Philippine health maintenance organizations paid PHP 41.23 billion in benefits and claims in the first half of 2026, a 13.62% year-on-year increase. Revenue rose 19.99% to PHP 56.43 billion, while equity grew 37.15% to PHP 15.99 billion.
Hong Kong Securities and Futures Commission Executive Director Rico Leung outlined plans for central clearing of bond repos, more renminbi futures and a new electronic fixed income and currency trading platform. Bond Connect holdings of China Government Bonds and policy bank bonds are due to become eligible collateral at futures and options clearing houses by the end of 2026, alongside work on cross-margining and wider non-cash collateral use.
HKMC Annuity Limited has authorized designated licensed CTF Life intermediaries to introduce the HKMC Annuity Plan and refer eligible customers. The partnership brings its insurance company referral network to three, following a separate expansion involving BOC Life in July.
Hong Kong's Financial Services and the Treasury Bureau and the Central Bank of Uzbekistan have agreed on a framework for closer gold and precious metals market cooperation. The work will examine infrastructure expertise, Hong Kong’s central clearing and settlement services, and potential participation by the Uzbek central bank in precious metals operations in Hong Kong.
The Reserve Bank of New Zealand assessed the rapid growth of the New Zealand dollar repo market, which generally functions well but faces legal, structural and transparency constraints. Estimated monthly turnover reached around NZD 200 billion in July 2026, while weekly Reserve Bank repo operations have averaged NZD 4.3 billion since their introduction in April. Karen Silk called for broader counterparty networks, more legal agreements and better market data and pricing transparency.
The New Zealand Department of Internal Affairs has identified financial crime risks arising from accounting services involving corporate and trust structures, complex ownership, business restructuring and financial transactions. Accounting practices should apply proportionate AML/CFT controls, including customer due diligence, beneficial ownership checks, ongoing monitoring and suspicious activity reporting.
The Australian Securities and Investments Commission has issued a financial advice update covering professional year obligations, reference checks, professional indemnity insurance and superannuation advice. Its surveillance found nine reporting errors among 10 licensees reporting less than AUD 2 million of cover, while one licensee held inadequate insurance and applied to cancel its licence. ASIC also warned licensees to verify adviser qualifications and registration and strengthen oversight of complex superannuation advice.
The Asia/Pacific Group on Money Laundering and a Cambodian delegation discussed stronger regional cooperation against online scams, cyber-enabled fraud and related illicit financial flows. Talks focused on information sharing, coordinated disruption of criminal networks and collective action against scam centres.
South Korea added 184,000 jobs year over year in August, supported by services, while manufacturing, construction and agriculture continued to lose employment. Youth employment remained weak despite a seventh consecutive decline in the number classified as resting. The government plans targeted measures for vulnerable groups and contracting industries.
Thailand's Office of Insurance Commission concluded its 2026 youth campaign on road safety and compulsory motor insurance with a fifth event at Pak Chong Technical College. Students received practical instruction on accident risks, safe driving and statutory insurance rights, while the college received THB 10,000 for further road safety activities.
People's Bank of China Deputy Governor Xuan Changneng discussed global conditions and monetary policy challenges at the Sept. 6-7 Bank for International Settlements governors’ meeting in Basel, including supply shocks, artificial intelligence and central bank communication.
The U.S. Financial Crimes Enforcement Network identified approximately USD 17.5 billion in suspicious activity potentially linked to health care fraud across 5,702 Bank Secrecy Act reports. Depository institutions filed most reports, with suspected schemes targeting Medicare, Medicaid and private insurers. Home health care was the leading provider category, while reported proceeds funded personal spending, complex transfers and some overseas payments.
The Brazilian Securities and Exchange Commission accepted Efraim Schmuel Horn’s BRL 180,000 settlement proposal over alleged share purchases before a quarterly financial disclosure. It rejected QI Corretora’s proposal because the fund liquidity investigation covers additional parties and broader reporting, control and structural concerns.
The Central Bank of The Bahamas and the Ministry of Finance revised the tender schedule for a government digital payment system, with electronic proposals due by 5 p.m. EDT on Sept. 30, 2026. Bidders must submit separate technical and cost proposals, and the intended award is expected around Nov. 16.
The Federal Reserve Bank of New York found that household inflation expectations were broadly stable in August 2026, although expected gas price growth increased. The probability assigned to higher unemployment reached 44.4%, its highest since April 2020, while credit access and household financial expectations deteriorated.
The Guernsey Financial Services Commission has notified businesses that Al-Qard Al-Hasan is subject to counter-terrorism sanctions and immediate asset freeze requirements. Businesses must check for affected relationships, freeze relevant assets and report findings, while regulated firms must also provide specified relationship and transaction details to the Commission.
Prime Minister Mostafa Madbouly renewed the appointments of Hamdy Badawy, Mohamed Abdel Aziz and Mahmoud Gibril as assistant chairs of Egypt’s Financial Regulatory Authority for one year. Badawy has held the role since February 2026 and has extensive experience in financial crime supervision and anti-money laundering and counterterrorist financing.
Egypt Financial Regulatory Authority Vice Chairman Tarek Seif urged insurers to place greater emphasis on fire risk prevention, control and prediction. Fire insurance represented about 18% of written premiums in 2025, with a 42% retention rate and a 37% loss ratio. He called for wider use of risk engineering, artificial intelligence, predictive analytics and parametric products.
The Central Bank of Nigeria has made terrorism financing risk a current supervisory priority. It will use on-site and off-site supervision to examine risk management, transaction monitoring, targeted financial sanctions and suspicious transaction reporting under existing obligations.
The Financial Crimes Enforcement Network and federal banking and credit union regulators clarified that institutions may use state-issued mobile driver’s licenses and other government-issued digital credentials for customer identification when existing rule requirements are met. Nongovernment digital credentials may also support nondocumentary verification, subject to equivalent authentication controls. The guidance creates no new legal requirements or supervisory expectations.
The Egmont Group is seeking an instructional designer for a one-year, fully remote role supporting online training for financial intelligence units. The position will develop courses and multimedia content for ECOFEL initiatives, with applications due by Sept. 18, 2026.
Mexico's National Commission for the Protection and Defense of Financial Services Users received reports that 11 registered financial institutions were impersonated in August 2026 to target people seeking credit or other financial services. It also reported that two unauthorized companies appeared to be actively conducting insurance business.
Rwanda hosted the 2026 ESAAMLG Annual Meeting, which focused on translating financial crime rules into measurable outcomes and reviewing implementation of Financial Action Task Force standards. Participants emphasized regional cooperation, information sharing and institutional capacity, while Rwanda transferred the ESAAMLG presidency to Madagascar.
The Dominican Republic’s Pensions Superintendency provided pension guidance to more than 200 attendees at the Days to Shine event. Participants used conocetufuturo.do to review their pension status and explore options for improving their future pension.
Czech National Bank board member Jakub Seidler said restrictive monetary policy remains necessary despite inflation staying near the 2% target. Persistent services inflation, wage and credit growth, fiscal deficits and geopolitical risks could sustain price pressures, while rates are projected to remain approximately stable.
The Uzbekistan Ministry of Economy and Finance discussed Asian Development Bank financing for a planned climate resilient water and wastewater project. The project would support services in the Andijan and Fergana regions and the Republic of Karakalpakstan.
The National Bank of the Republic of Tajikistan reviewed the banking system’s modernization over 35 years of national independence. Chairman Firdavs Tolibzoda reiterated priorities including financial stability, modern supervision, better service quality, financial inclusion and digitalization.
European Central Bank Banking Supervision Vice-Chair Frank Elderson identified national fragmentation, not capital requirements, as the main threat to European banks’ long-term competitiveness. He backed a European deposit insurance scheme, deeper cross-border banking and capital markets, and simpler rules that preserve resilience. The ECB has already sharply shortened some approval times and reduced supervisory reporting demands.
The Ontario Securities Commission has named the inaugural members of its new Capital Markets Advisory Committee. The senior-level forum will operate as a one-year pilot and provide strategic advice on market trends, risks, innovation, investor needs and capital formation.
The Canadian Securities Administrators found that investor directed portability of Know Your Client and other financial data could reduce barriers to switching providers, but participants did not agree on a preferred model. It has deferred a live test pending details of the federal consumer driven banking framework and will monitor its development, including standards relevant to investment firms.
The Saudi Arabia Insurance Authority reported that first-quarter gross written premiums increased 14.4% year over year to SAR 29.8 billion, while the net combined ratio improved to 98.3%. Health insurance represented 62% of the market, and local reinsurance capacity reached 37% of total ceded premiums.
The Central Bank of Iraq confirmed that depositors’ rights at Al Taif Islamic Bank remain protected under the bank’s conservatorship. Measures will strengthen liquidity and manage withdrawals and other obligations gradually, with priority given to salary payments.
The Italian Institute for Insurance Supervision has ordered six websites offering unauthorized insurance services to be blocked, bringing the total blocked since November 2023 to 399. Implementation is underway and may take several days.
The Central Bank of Brazil updated the Pix initiation manual and API to improve management of recurring Pix Automatic payments and clarify technical documentation. The changes are already effective and support automated QR codes, billing and real-time reconciliation for businesses using services provided by Pix participants.
CONDUSEF warned consumers that financial applications distributed through message links may steal personal and financial information or enable fraudulent transactions. Users should download apps only from official stores, verify their authenticity and contact their financial institution if they have installed a suspicious app.
The Brazil Securities Commission will hear three enforcement cases involving alleged misconduct linked to Brazil Realty FII and disclosure failures at Ybirá Capital. The allegations cover a fraudulent transaction, fiduciary and information duty breaches, obstruction of supervision, artificial market conditions and missed regulatory filings.
The French Ministry of Economics and Finance reported that Tracfin received 278,484 suspicious transaction reports in 2025, up 32%, while supporting EUR 40 million in criminal asset seizures. Public finance fraud referrals involved an estimated EUR 3.2 billion, and the unit seized crypto-assets for the first time. Tracfin highlighted the need to improve report quality as volumes continue to rise.
The U.S. Department of the Treasury sanctioned 36 targets, including 27 remaining active Iranian airlines and nine parties supporting Mahan Air, and suspended three aviation authorizations involving Iran. The Financial Crimes Enforcement Network also alerted financial institutions to detect and report procurement networks using front companies and third-country intermediaries. The measures create blocking and potential secondary sanctions exposure for firms dealing with the designated parties.
Josée Turcotte has taken office as OSFI’s Deputy Superintendent, Integrity, National Security and Integrated Solutions. She will lead work on national security, money laundering and other integrity threats while overseeing functions supporting regulatory data modernization.
The National Securities and Stock Market Commission of Ukraine discussed practical steps to restore the country’s full participation in the International Organisation of Pension Supervisors and deepen cooperation on voluntary pension supervision. The engagement complements draft legislation that would strengthen pension fund governance, risk management and transparency.
The Bank of Italy is offering 226 work experience placements for about 2,600 students nationwide in the 2026-27 school year. Schools may request up to three regional placements, which are generally allocated in order of application with an exception designed to broaden access.
A Bank of Italy study found that about 4% of Italian households used buy now, pay later services in 2022, with adoption concentrated among younger and digitally engaged users. The services generally complemented revolving credit cards and other digital payment products rather than replacing them. Rapid subsequent market growth and indications of use among more vulnerable households reinforce the relevance of new European disclosure and creditworthiness requirements.
Qatar Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al Thani and the French ambassador to Qatar discussed strengthening financial and banking cooperation.
The Swedish Financial Supervisory Authority is consulting on updated annual reporting rules for credit institutions, investment firms and related entities, largely retaining the existing framework while aligning it with IFRS 18. Parent companies would report country-specific employee numbers using full-time equivalents. The rules are proposed to take effect on Jan. 1, 2027.
HM Treasury outlined an autumn delivery phase for tokenised wholesale markets, including work to identify legal changes needed beyond the Digital Securities Sandbox. The sandbox has 16 participants and its first approval for live activity, while the Digital Gilt Instrument is scheduled for issuance in the first quarter of 2027.
Bermuda is hosting Caribbean Overseas Territories leaders from September 8-12 to coordinate positions ahead of the Joint Ministerial Council. Discussions will cover the United Kingdom-Overseas Territories relationship, financial services resilience, climate preparedness and regional cooperation.
Bermuda Premier and Minister of Finance David Burt concluded European meetings on the jurisdiction’s international business sector and the global regulatory environment. The visit marked 10 years since Bermuda achieved full equivalence under the European Union’s Solvency II regime.
Latvia's Ministry of Finance proposals creating a legal framework for children's payment accounts and protected investment accounts have received committee backing, subject to final approval by the Saeima. One legal representative could manage a payment account for a child under 16, while the new investment account could be opened from any age and would restrict investments and pre-18 withdrawals to protect the child's assets.
The National Bank of Moldova has proposed minimum standards for post bail-in business reorganization plans and progress reports. Covered entities would need to show how they will restore long-term viability through credible strategies, financial projections, stress scenarios, prudential compliance and quarterly targets. The rules would take effect six months after the final decision is published in the Official Gazette.
The National Bank of Moldova has proposed expanded requirements for individual and group recovery plans, aligned with European Union standards. The draft strengthens expectations for recovery options, intragroup support, feasibility assessments and barriers to implementing measures across a group. Cross-border provisions applying when the National Bank is the consolidating supervisor would take effect upon Moldova’s accession to the European Union.
Minister of National Economy and Finance Kyriakos Pierrakakis detailed plans for the state to match family contributions to child savings accounts up to EUR 1,200 a year. Families would select certified bank products with different risk profiles, while the matching cap would rise by 10% every five years. Technical details will follow passage of the legislation.
The European Central Bank reported a EUR 3.164 billion weekly decline in its balance sheet to EUR 5.912 trillion as of Sept. 4. Monetary policy lending and securities holdings fell, while credit institutions’ current account balances increased by EUR 10.315 billion.
Zimbabwe’s inflation was 2.9% in August 2026 and has remained in single digits since January 2026.
The Reserve Bank of Zimbabwe assessed progress against eight conditions for eventually making ZiG the country’s sole currency. Inflation was 2.9% in August 2026, reserves reached USD 1.7 billion and the exchange rate premium narrowed to 20%. ZiG use has risen to 40% of transactions, but foreign currencies remain dominant.
The Mauritius Financial Services Commission has suspended the MCSP policy, revoked its governing Practice Notes and stopped new applications with immediate effect. Pending applicants may seek full Management Company licences or obtain fee refunds, while existing MCSPs must transition under specified timelines. Recent licensees may complete their three-year terms under enhanced supervision but will receive no extensions.
The Reserve Bank of Zimbabwe reported that foreign currency reserves increased from USD 285 million at the ZiG’s April 2024 launch to USD 1.7 billion in June 2026, while local currency use rose from below 20% to 40%. The official exchange rate has remained around ZiG 26 per USD 1 since September 2024, and the exchange rate premium has narrowed to 20%. Banks remain well capitalized and liquid, and payment system uptime exceeds 95%.