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2026-07-17•India•Reserve Bank of India
The Reserve Bank of India has consolidated and rationalised the Special Rupee Vostro Account framework, superseding five earlier circulars with immediate effect. The circular confirms that authorised dealer banks may open SRVAs for overseas branches or banks resident outside India and use them for INR settlement of cross-border trade and other permissible FEMA current and capital account transactions. It also allows linked exporter or importer current accounts and provides for SRVA details to be updated in FEDAI's directory.
Policy & regulationRules & requirementsCross-border payments
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2026-07-17•Burundi•Bank of the Republic of Burundi
The Bank of the Republic of Burundi has issued new intervention conditions and revised tariffs for certain services. The changes take effect on 3 August 2026, while existing tariffs remain in place for services not listed in the document.
Policy & regulationRules & requirementsOther
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2026-07-17•China•China Securities Regulatory Commission
The China Securities Regulatory Commission held a cross-department training session in Beijing on detecting and punishing capital market financial fraud, with more than 200 officials attending. It said the third round of its listed company anti-fraud campaign, launched in April, has handled 47 typical cases. Since 2024, three rounds of special action have produced 247 investigations, 156 administrative penalties and 134 criminal referrals.
Institutional developmentCooperation & capacity buildingFraud and scams
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2026-07-17•United Kingdom•Bank of England
The Bank of England has published a staff working paper proposing a flexible behavioural expectations framework for DSGE and HANK models using sequence space methods. The model allows agents to overreact or underreact to current conditions and underreact to news. In an application to United States business cycle data, including inflation expectations, it improved empirical fit and impulse response properties.
Research
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2026-07-17•United Kingdom•Bank of England
The Bank of England has published a staff working paper finding that fan charts are the most effective format for communicating forecast uncertainty. Point forecasts anchored expectations slightly more at first, but forecast errors caused sharper de-anchoring, especially after large adverse misses. Fan charts reduced that de-anchoring and improved public understanding of uncertainty.
ResearchEconomic data and developments
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2026-07-17•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission has given DOD Biotech Public Company Limited until 14 August 2026, instead of 27 July 2026, to submit and disclose rectified first quarter 2026 interim financial statements. The extension was granted because the auditor needs more time to review supporting documents after issuing a qualified conclusion over evidence relating to deposits and advance payments.
SupervisionAuthorisations & approvalsAccounting and financial reportingDisclosures
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2026-07-17•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority warned the public about bank-reported scams involving fraudulent websites, fake internet banking login screens, phishing emails and similar frauds. It reiterated that banks will not send transaction links by SMS or email or ask for passwords or one-time passwords through those channels. Affected individuals should contact the relevant bank and report the case to the police.
SupervisionAlertsFraud and scams
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2026-07-17•Angola•Angola Capital Markets Commission
The Angola Capital Markets Commission used a national investment conference to outline its view that capital markets can diversify funding sources, mobilize savings and support sustainable growth in Angola. The discussion formed part of a broader debate on financing the economy across banking, insurance, capital markets and financial innovation.
Policy & regulationOtherMarket development
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2026-07-17•Botswana•Botswana Non-Bank Financial Institutions Regulatory Authority
The Botswana Non-Bank Financial Institutions Regulatory Authority is recruiting a Human Resources Officer on a 12-month fixed term contract. The role covers end-to-end recruitment and learning and development support, and requires relevant degree-level qualifications plus three to five years of experience. Applications close on August 1, 2026 at 17:00.
Institutional developmentWorkforce & recruitmentHiring and recruitment
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2026-07-17•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines issued guidelines requiring operators of designated payment systems and other payment system operators determined by the Bangko Sentral to submit surveillance reports through the BSP Prudential Reporting Innovation and Monitoring Engine.
Policy & regulationGuidance & interpretationRegulatory reporting
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2026-07-17•Romania•Romanian Financial Supervisory Authority
The Romanian Financial Supervisory Authority published its Daily Market Report for 17 July 2026 and linked to the archive of Daily Market Report and Morning Call publications for 2021 to 2026.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-07-17•Peru•Central Bank of Peru
The Central Bank of Peru approved a cross-infrastructure rulebook for alias-based instant payments to strengthen interoperability, security and efficiency in the National Payments System. The regulation requires 24/7 PEN-denominated service, sets a PEN 30,000 cap per transaction and prohibits firms from blocking or delaying interoperable payments because another provider or infrastructure is involved. It takes effect on Sept. 13, 2026, and existing directory providers and managers must seek authorization by Dec. 31, 2026.
Policy & regulationRules & requirementsPayments and payment systems
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2026-07-17•Russia•Central Bank of Russia
The Central Bank of Russia’s June banking sector review showed slower corporate lending growth but stronger household borrowing, especially mortgages ahead of tighter Family Mortgage programme terms. Consumer lending stayed strong on holiday spending, household and corporate funds growth weakened, and the sector posted RUB 374 billion in profit.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-07-17•Russia•Central Bank of Russia
The Central Bank of Russia said the Federation Council has approved a law that will require banks to provide fuller information on products and services under the Banking Standard. The measure covers branches, websites and mobile apps and targets incomplete disclosures, hidden conditions and digital dark patterns. It will take effect on 1 September 2027.
Policy & regulationRules & requirementsDisclosures
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2026-07-17•Tajikistan•National Bank of the Republic of Tajikistan
The National Bank of the Republic of Tajikistan warned about scams on social media and messaging apps that falsely offer help in obtaining concessional loans. It said fraudsters are using fake documents and bot-generated reviews, and reminded the public that the central bank does not lend to individuals, request transfers, or send official documents through messengers. Victims were advised to block their bank card immediately and contact law enforcement.
SupervisionAlertsFraud and scams
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2026-07-17•Tajikistan•National Bank of the Republic of Tajikistan
A presidential personnel reshuffle in Tajikistan covered several sectors, including the banking area linked to the National Bank of the Republic of Tajikistan. It emphasized younger, qualified deputy heads with digital and foreign-language skills. The president also ordered steps to raise education quality and address staffing gaps.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-07-17•Croatia•Croatian Financial Services Supervisory Agency
The Croatian Financial Services Supervisory Agency held talks with the Austrian Financial Market Authority on non-bank financial supervision, with emphasis on insurance, pension funds and crypto-asset service providers. The meeting also covered European regulatory implementation, digitalisation and artificial intelligence, while Hanfa outlined current initiatives including its PutNaTržište regulatory sandbox and work on the Croatian Investment Account Act.
SupervisionCooperationSupervision process and methodologiesArtificial intelligence
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2026-07-17•Europe•European Banking Authority
The European Banking Authority has issued final draft standards for material acquisitions, asset or liability transfers, mergers and divisions under the Capital Requirements Directive. The package harmonises notification and assessment requirements and introduces proportionality measures, including lighter regimes for intra-group transactions and some smaller mergers and divisions. The drafts now go to the European Commission for endorsement.
Policy & regulationRules & requirementsCapital adequacy
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2026-07-17•Europe•European Central Bank - Banking Supervision
European Central Bank Banking Supervision said credit servicers and consumer protection do not fall within its prudential supervisory mandate, and monetary policy questions belong to the ECB’s central banking accountability framework. It reiterated that managing credit risk and non-performing loans remains a supervisory priority, with portfolio sales cited as one tool. The letter also pointed to Greek reforms including the Central Credit Register and changes to out-of-court debt settlement.
Policy & regulationGuidance & interpretationCredit riskSupervision process and methodologies
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2026-07-17•Spain•Bank of Spain
The Bank of Spain's monthly advance data showed general government debt under the Excessive Deficit Procedure at 100.2% of GDP in May 2026, down 2 percentage points from a year earlier. In nominal terms, debt rose 4% to EUR 1.729 trillion, with central and regional debt increasing while local government debt declined. The next monthly update for June 2026 is due on 18 August 2026.
Data & statisticsEconomic data and developments
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2026-07-17•Italy•Bank of Italy
The Bank of Italy’s latest balance of payments data show Italy’s 12 month current account surplus widened to EUR 31.2 billion by May 2026, up from EUR 18.4 billion a year earlier. The improvement was driven by primary income returning to surplus and a larger goods surplus, while the net international investment position stayed broadly stable at EUR 351 billion at end-March 2026. In May, residents’ foreign assets rose EUR 18.0 billion and external liabilities increased EUR 24.8 billion.
Data & statisticsBalance of payments and other external statistics
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2026-07-17•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway has incorporated IFRS 18 Presentation and Disclosure in Financial Statements into Norwegian law through an amendment to its regulation on adopted international accounting standards. The measure took effect on 13 July 2026 and introduces new requirements on subtotals in the income statement, disclosures on management-defined performance measures, and aggregation and disaggregation of information. It also repeals IAS 1 Presentation of Financial Statements and triggers related amendments to other standards.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-07-17•Global•OECD
The OECD has issued a report on water efficiency and water security in Uzbekistan, finding that investment conditions have improved but still fall short of what is needed to mobilise large-scale financing. It identifies low cost recovery, fragmented regulation, weak project bankability and limited data as key constraints, and sets out reforms on PPP governance, tariffs, service performance, technology and capacity building. The report also highlights a water-sector financing gap of about USD 5 billion for 2025-2030.
Policy & regulationReform agendas & prioritiesClimate risk and sustainable financeMarket development
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2026-07-17•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority said Anthony Jones (UK) Limited stopped carrying out regulated activity from 9 July 2026. The broker can no longer sell, renew or advise on insurance, and customers should contact their insurer or underwriter directly to confirm policy validity, ongoing cover and receipt of payments.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-07-17•Isle of Man•Isle of Man Financial Services Authority
The Isle of Man Financial Services Authority has warned that the Peak Return Global website is fraudulent and unauthorised. The site falsely claims to offer insurance and investment services from the Isle of Man and has no link to any legitimate local company. The authority said users may face fraud or identity theft risks and that steps have been taken to remove the site.
SupervisionAlertsFraud and scamsUnlicensed or unauthorized activity
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2026-07-17•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission said Baroque Investments Limited has been removed from the UK sanctions list. The entity is no longer subject to an asset freeze or a director disqualification sanction in the Bailiwick framework that implements UK sanctions.
EnforcementSanctions & designationsSanctions list update
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2026-07-17•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission has warned firms that two entities and six individuals have been designated under UK Democratic Republic of the Congo sanctions, with the measures taking effect in the Bailiwick through Guernsey’s implementation regime. The entities are subject to asset freezes, while the individuals are subject to asset freezes and travel bans. Firms must freeze relevant assets, stop making funds or economic resources available, and report affected relationships to both the Policy & Resources Committee and the Commission.
EnforcementSanctions & designationsNew sanctions designations
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2026-07-17•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority published review findings on how firms monitor consumer outcomes under the Consumer Duty. It found stronger firms use clear outcome definitions, customer-journey monitoring and governance that drives action, while weaker firms rely on high-level or reactive management information and cannot evidence how issues are identified, escalated and fixed. Firms are expected to reassess whether their monitoring provides a clear view of customer outcomes.
SupervisionReviews, inspections & stress testsConsumer and investor protection
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2026-07-17•Europe•European Banking Authority
The European Banking Authority is consulting on technical amendments to data collection for the 2027 market risk benchmarking exercise. The proposals would expand the scope to CRR3 Alternative Standardised Approach institutions, resume CRR2 Internal Model Approach reporting, delay the exercise to the second half of 2027, and postpone CRR3 Alternative Internal Model Approach data collection. The consultation closes on 3 September 2026.
Policy & regulationRules & requirementsRegulatory reporting
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2026-07-17•Europe•European Central Bank
The European Central Bank said the euro area posted a current account surplus of EUR 25 billion in May 2026, up from EUR 17 billion in April. The 12-month surplus to May narrowed to EUR 272 billion from EUR 318 billion a year earlier, mainly because the goods surplus fell and the secondary income deficit widened. In the financial account, both residents' purchases of non-euro area securities and non-residents' purchases of euro area securities increased, while reserve assets fell to EUR 1,872.8 billion.
Data & statisticsBalance of payments and other external statistics
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2026-07-17•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan granted Bank of China in Kazakhstan a universal banking license. The license covers additional operations including interbank loans, guarantees, sureties and other interbank transactions.
SupervisionAuthorisations & approvalsLicence approval
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2026-07-17•Albania•Bank of Albania
Bank of Albania Governor Gent Sejko highlighted longer financing terms and a higher maximum financing amount under the Double Your Enterprise program. The program offers low interest rates and a sovereign guarantee covering up to 70% of collateral, and Sejko called on banks to support its implementation.
Policy & regulationImplementation, projects & pilotsSME financingLending
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2026-07-17•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission told three listed individuals to pay a VND 1 million issuance fee to complete the process for receiving a securities practice certificate. The fee can be paid by bank transfer or in person, and certificates will be canceled if they are not collected within one year of the notice. Electronic certificate holders must retrieve their certificate through the commission's online portal.
SupervisionAuthorisations & approvalsLicensing and supervisory fees
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2026-07-17•Azerbaijan•Central Bank of the Republic of Azerbaijan
The Central Bank of the Republic of Azerbaijan will start receiving citizens at the No. 2 Ganja regional ASAN service center from July 20, 2026. The expansion adds to existing reception points in Baku, Nakhchivan, Sumqayit, Yevlakh and Bilasuvar, and is aimed at making access more convenient.
Policy & regulationImplementation, projects & pilotsOther
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2026-07-17•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission is consulting on draft rules to align major shareholder disqualification standards across securities, derivatives and digital asset business operators. The proposals would widen the scope of relevant offenses to include money laundering, terrorism financing and proliferation financing, including overseas offenses, and would apply a unified standard for assessing the severity of misconduct. A 90-day transition period would apply from the effective date if the rules are adopted.
Policy & regulationRules & requirementsCorporate governance
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2026-07-17•Albania•Bank of Albania
The Bank of Albania published remarks from Governor Gent Sejko on the launch of the “Double Your Enterprise” programme, highlighting a longer financing timeline and a higher maximum financing amount for SMEs. He said the programme combines low interest rates with a sovereign guarantee covering up to 70% of required collateral to improve access to bank finance.
Policy & regulationImplementation, projects & pilotsSME financing
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2026-07-17•Moldova•National Commission for Financial Markets
Moldova's National Commission for Financial Markets imposed a MDL 250,000 coercive fine on MOGO LOANS for partial compliance with an earlier order to review unlawful credit contracts and refund improperly collected consumer payments. It also approved technical amendments to Moldova's Green Card insurance certificate and authorized several capital market register removals linked to liquidation or corporate conversion.
EnforcementInvestigations & enforcement actionsConsumer and investor protection
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2026-07-17•China•Central Bank of the Republic of China
People's Bank of China Governor Pan Gongsheng met Central Bank of Libya Governor Naji Issa Belqasem on July 15 to discuss current economic and financial conditions and China-Libya economic and financial cooperation.
Policy & regulationCooperationCross-border cooperation
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2026-07-17•Angola•Ministry of Finance (Angola)
In remarks, the Angola Ministry of Finance said it will keep working with the National Bank of Angola and other authorities to support a stable macroeconomic environment and a stronger banking sector integrated into international markets. It cast the return of correspondent banking ties as the beginning of a new phase, not the final goal. The ministry also stressed that digitalization will require stronger cybersecurity, consumer protection, operational risk controls and regulatory capacity.
Policy & regulationReform agendas & prioritiesFinancial stability and systemic riskMacroprudential policy and tools
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2026-07-17•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines has required non-bank financial institutions with quasi-banking function and/or trust authority, and trust corporations, to publish their Statement of Condition and Consolidated Statement of Condition, or balance sheet as applicable, as of 30 June 2026. Publication must be completed within 20 working days from the circular letter, with the published version and publisher’s certificate to be submitted within five working days after publication.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-07-17•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority signed an MoU with the Central Auditing Organization to create a permanent coordination framework on supervisory, regulatory and technical matters. The agreement covers expertise sharing, legislative and regulatory consultation, capacity building, risk studies and coordination in international forums. The authority said implementation will begin immediately through regular meetings and joint working groups.
Policy & regulationCooperationCross-border cooperation
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2026-07-17•Nigeria•Nigeria National Insurance Commission
The Nigeria National Insurance Commission said Niger Insurance Plc remains in receivership, with its licence still cancelled and its former board and management dissolved. It rejected claims made by the company’s purported management and said only the appointed Receiver and Liquidator may manage the insurer and its assets. The commission also said related court proceedings are still ongoing, including appeals and stay applications.
SupervisionAlertsOther
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2026-07-17•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic said its foreign exchange interventions are meant to smooth temporary market imbalances, not fix the som exchange rate. It linked higher intervention volumes to stronger growth, trade and investment, while saying reserve levels remain sufficient. Net US dollar sales are currently about 17 percent of reserves, below the ratios recorded in 2021 and 2023.
Monetary policyMonetary policy instruments & operationsForeign exchange policy and markets
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2026-07-17•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic suspended Abdel exchange bureau’s license from July 17 to July 19 inclusive. The action was taken for violations of Kyrgyz Republic legislation and the National Bank’s regulatory legal acts.
SupervisionAuthorisations & approvalsUnlicensed or unauthorized activity
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2026-07-17•Australia•Reserve Bank of Australia
The Reserve Bank of Australia’s balance sheet totaled AUD 359.6 billion at 15 July 2026, down AUD 4.4 billion over the week. Gold and foreign exchange fell by AUD 3.2 billion and Australian dollar investments by AUD 1.0 billion, while Exchange Settlement balances rose by AUD 5.5 billion. Other deposits and liabilities declined enough to more than offset that increase.
Data & statisticsBalance of payments and other external statistics
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2026-07-17•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission said its Financial Services and Credit Panel has cancelled Peter Morrison-Dowd's adviser registration from 10 July 2026 and barred him from re-registering until after 13 September 2027. The order also prevents him from providing personal advice to retail clients on relevant financial products during that period. The panel found breaches involving best interests, appropriate advice, Statement of Advice requirements, misleading statements and the Code of Ethics across multiple clients.
EnforcementInvestigations & enforcement actions
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2026-07-17•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission has suspended Prime Value Asset Management Limited's Australian financial services licence until 7 August 2026 because it failed to lodge statutory audit and financial reporting documents for the 2024 and 2025 financial years. The firm cannot issue interests in its managed investment schemes to new investors, but it may continue day-to-day scheme operations and reinvest income distributions for existing investors. ASIC also identified earlier compliance and financial resource breaches that have since been rectified.
SupervisionAuthorisations & approvalsAuditingAccounting and financial reporting
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2026-07-17•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan has warned consumers about phone scams in which fraudsters pose as banks, law enforcement agencies or state bodies and pressure victims, especially older people, to transfer money or install remote-access applications. It urged people to verify claims through official channels and never share personal data, card details, SMS codes or other confidential banking information by phone. The agency also pointed to Fingramota.kz training materials on fraud prevention, data protection and safe use of digital financial services.
SupervisionAlertsFraud and scams
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2026-07-17•Thailand•Thailand Office of Insurance Commission
The Thailand Office of Insurance Commission is coordinating insurance assistance after the Lat Phrao brewery fire, where 33 deaths have been reported and 28 victims identified. It has found 11 deceased with relevant insurance cover and has asked insurers to issue payments. The site also carried THB 40 million in fire insurance, and the insurer is assessing the property damage.
SupervisionCooperationClaims management
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2026-07-17•Indonesia•Bank Indonesia
Bank of Indonesia’s Business Survey showed stronger business activity in the second quarter of 2026, with the Weighted Net Balance rising to 12.97% and capacity utilisation edging up to 73.80%. Firms also reported sound liquidity and profitability and continued loose credit conditions. Respondents expect activity to remain positive in the third quarter, with support from manufacturing, trade, construction and mining.
Data & statisticsEconomic data and developments
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2026-07-17•Indonesia•Bank Indonesia
Bank of Indonesia said its Prompt Manufacturing Index showed manufacturing remained in expansion in the second quarter of 2026, with the PMI-BI at 51.43. Production, inventories and orders stayed in growth territory, and respondents expect the index to rise to 52.32 in the third quarter. Machinery and equipment led both the current and expected subsector readings.
Data & statisticsEconomic data and developments
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2026-07-17•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission warned of a rise in pump and dump scams that use fake celebrity endorsements, impersonated financial institutions and messaging apps to lure investors into buying shares. ASIC said the schemes can involve genuine shares bought through legitimate brokerage accounts, making them harder to spot, and noted that scammers appear to be targeting older Australians. The regulator also called on financial institutions to monitor suspicious transaction patterns linked to these scams.
SupervisionAlertsFraud and scams
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2026-07-17•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission published Report 835 and a summary of its market innovation roundtable, identifying four priorities for Australia’s capital markets. These were global competitiveness, stronger core infrastructure, innovation aimed at real market frictions and productivity, and investor protection through clear rules and safeguards. ASIC plans targeted industry workshops and engagement with regulatory peers before reconvening participants.
Policy & regulationReform agendas & prioritiesFintech and insurtechMarket development
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2026-07-17•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission has updated former MWL adviser Christian Henry’s ban to three years after an Administrative Review Tribunal order reduced an earlier five-year prohibition. The case relates to ASIC findings that he gave three clients inappropriate, not-best-interest advice, including recommendations to invest most of their superannuation in high-risk Shield Master Fund classes. The tribunal also allowed him to retain a passive interest in BNR Financial Services Pty Ltd until 31 August 2026 while divesting it.
EnforcementSanctions & designations
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2026-07-17•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission cancelled Australian Fiduciaries' Australian financial services licence after the Compensation Scheme of Last Resort paid AUD 150,000 on an unpaid AFCA determination. ASIC said the cancellation was mandatory once the CSLR made the payment, and it has kept the firm in AFCA membership until 19 June 2027 so eligible complaints can still be lodged.
SupervisionAuthorisations & approvalsOther
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2026-07-17•Indonesia•Bank Indonesia
Bank of Indonesia appointed 12 work unit leaders after its 2026 Performance Evaluation Meeting. The move is part of an organizational transformation and leadership strengthening effort tied to improving policy execution, with the meeting also reviewing 2026 milestones and the direction of priority programs for 2027.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-07-17•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senate Banking Committee members Andy Kim and Elizabeth Warren asked Acting CFPB Director Russell Vought to explain recent changes to the CFPB Consumer Complaint Portal. They said the overhaul adds barriers to filing complaints and may favor credit reporting companies. The senators requested a response by July 30.
Policy & regulationOtherConsumer and investor protection
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2026-07-17•Canada•British Columbia Securities Commission
The British Columbia Securities Commission said Marcel Anil Rada was sentenced after pleading guilty to acting as a director or officer despite a permanent 2017 ban. The court imposed a CAD 5,000 fine and a CAD 750 victim fine surcharge after finding he served in those roles at two companies between 2017 and 2025.
EnforcementInvestigations & enforcement actions
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2026-07-17•United States•Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation was appointed receiver for Small Business Bank after its closure by the Kansas state banking authority and arranged for The Farmers State Bank to assume substantially all deposits and purchase certain assets. Small Business Bank had USD 73 million in assets and about USD 69 million in deposits as of March 31, 2026. The FDIC estimates the failure will cost the Deposit Insurance Fund about USD 5.7 million.
SupervisionInterventionsRecovery and resolution
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2026-07-16•India•Reserve Bank of India
The Reserve Bank of India has amended urban cooperative bank income recognition rules for specified non-financial assets acquired under the stressed asset resolution framework. Accrued but unrealised interest or charges from the extinguished exposure cannot be booked as income, and any such amounts already recognised for assets outstanding on September 30, 2026 must be reversed by September 30, 2027 if still unrealised. The changes take effect on October 1, 2026.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-07-16•India•Reserve Bank of India
The Reserve Bank of India has amended rural co-operative bank income recognition rules to set accounting treatment for acquired specified non-financial assets. Banks cannot book accrued but unrealised interest or charges from the extinguished exposure as income on acquisition, and previously recognised unrealised amounts for SNFAs outstanding on September 30, 2026 must be reversed by September 30, 2027. The changes take effect on October 1, 2026.
Policy & regulationRules & requirementsAsset quality
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2026-07-16•India•Reserve Bank of India
The Reserve Bank of India has amended regional rural bank income recognition rules for Specified Non-Financial Assets acquired in stressed asset resolutions. Unrealised pre-acquisition interest or charges cannot be recognized as income, and previously recognized unrealised amounts for such assets outstanding on September 30, 2026 must be reversed by September 30, 2027. The amendments take effect on October 1, 2026.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-07-16•India•Reserve Bank of India
The Reserve Bank of India has amended its rules for local area banks to govern income recognition when they acquire Specified Non-Financial Assets. Unrealised pre-acquisition interest or charges cannot be recognised as income, and any such amounts already booked on assets outstanding as of September 30, 2026 must be reversed by September 30, 2027 if still unrealised. The amendment takes effect on October 1, 2026.
Policy & regulationRules & requirementsAccounting and financial reporting
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2026-07-16•Bahamas•Central Bank of the Bahamas
The Central Bank of the Bahamas has made the Bahamas Securities Portal compulsory for all direct purchases of Bahamas Government Securities and has ended acceptance of applications through other channels. Existing and prospective investors dealing directly with the Bank must enrol, while brokerage transactions remain handled through broker-dealers. The portal also supports application tracking, with further functions such as redemptions and transfers planned.
Policy & regulationRules & requirementsSecurities offerings and listings
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2026-07-16•United States•Federal Reserve Board
The Federal Reserve Board published a FEDS Note reviewing its June conference on stablecoins, digital payments and the international role of the U.S. dollar. The note says financial innovation is expanding cross-border access to dollar finance and creating new market transmission channels, but so far appears to be reinforcing rather than weakening the dollar’s global role. It adds that policy frameworks will need to adapt as dollar activity becomes more digital and distributed across platforms.
ResearchCross-border paymentsStablecoins
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2026-07-16•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission called for stronger, ecosystem-based oversight of digital consumer credit as lending reached about PHP 2.7 trillion in March 2026. Its priorities include platform accountability, standardized disclosures, responsible lending, data safeguards and a formal interagency framework for digital finance supervision.
Policy & regulationGuidance & interpretationLendingConsumer and investor protectionFintech and insurtech
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2026-07-16•Morocco•Moroccan Capital Markets Authority
The Moroccan Capital Markets Authority said Caisse de Dépôt et de Gestion sold 1,815,738 CIH Bank shares at MAD 354 each, taking its direct stake below the 5% threshold. CDG said it now holds no shares directly but retains an indirect 55.15% stake through Massira Capital Management. It also indicated that it intends to cease sales of the stock for six months and remain on CIH Bank's Board of Directors.
SupervisionRegulatory reportingSecurities offerings and listings
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2026-07-16•Canada•British Columbia Securities Commission
The British Columbia Securities Commission’s Executive Director has imposed a temporary order against Everything Financial Group, Everything Financial Consultants Inc., Peter Cishecki and Shannon Knapp over evidence of alleged debt securities misconduct. The order blocks trading in the companies’ securities and bans promotional activity on their behalf until July 30, 2026, subject to a possible extension application.
EnforcementInvestigations & enforcement actionsFraud and scams
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2026-07-16•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission fined Fast Coin Lending Corporation PHP 1.1 million for unfair debt collection and effective interest rates above the 15% monthly ceiling. The lender also failed to provide required loan disclosures and comply with the regulator’s investigative directives.
EnforcementInvestigations & enforcement actionsLendingConsumer and investor protectionCompliance
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2026-07-16•Global•Financial Stability Board
The Financial Stability Board’s Regional Consultative Group for Sub Saharan Africa met in Mauritius to discuss financial stability risks facing the region. Topics included global and regional vulnerabilities, cross-border payments, global stablecoin arrangements and the effects of extreme weather events. Members also reviewed the Financial Stability Board’s 2026 work priorities.
Policy & regulationCooperationCross-border paymentsFinancial stability and systemic risk
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2026-07-16•Global•Financial Action Task Force
The Financial Action Task Force said implementation of its virtual asset standards has improved, but major gaps remain in licensing, supervision, enforcement and risk mitigation. In its latest survey, 86% of respondents had conducted risk assessments and 83% had passed Travel Rule legislation, yet practical oversight of VASPs, offshore providers and DeFi remains uneven. The report also flags growing risks from organised crime fraud, stablecoins, unhosted wallets and offshore VASPs.
Policy & regulationPeer reviews and country evaluationsSupervision process and methodologies
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2026-07-16•Serbia•National Bank of Serbia
The National Bank of Serbia reported average inflation of 3.8% in 2025, record-low nonperforming loans of 2.1% and gross foreign exchange reserves of EUR 29 billion. The key policy rate remained at 5.75%, while lending grew 15.4%. Annual inflation slowed further to 2.7% in June 2026.
Monetary policyMonetary policy assessments & outlooksActivity and performance reporting
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2026-07-16•United States•Federal Deposit Insurance Corporation
The Federal Reserve Board, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency issued a joint statement establishing coordinated procedures for handling highly sensitive information in bank examinations. Banks will be able to flag sensitive materials, with examiners using measures such as on-site or direct system review, redacted documents and tighter access controls. The agencies also committed to notify affected banks of material compromises of confidential supervisory information within 72 hours once the affected agency has a reasonable basis to believe a compromise occurred and identifies the banks involved.
SupervisionSupervision approach, priorities & toolkitCyber resilience
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2026-07-16•Argentina•Argentina Securities Commission (CNV)
The Argentina Securities Commission has clarified which accounting items ALyCs must use when calculating regulatory indices under General Resolution No. 1130 and No. 1144. Agroindustrial items are excluded for ALyCs I AGRO and for ALyCs also registered with INAES as mutual associations carrying out that activity. The clarification does not create new obligations and applies retroactively from April 29, 2026.
Policy & regulationGuidance & interpretationAccounting and financial reporting
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2026-07-16•Italy•Bank of Italy
The Bank of Italy has published a paper finding that social and governance indicators can modestly improve default-risk prediction in its ICAS model for Italian non-financial firms. The gains are strongest for micro and small firms, while for medium-sized and large firms only social indicators remain statistically significant. When added to the baseline model, the measures increased out-of-sample AuROC by up to 0.9 percentage points.
ResearchCredit riskCorporate governance
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2026-07-16•Poland•Central Bank of Poland
The Central Bank of Poland said June 2026 core inflation excluding food and energy slowed to 3.0% year on year from 3.1% in May, while headline CPI was 2.5%. Other core measures also eased, including inflation excluding administered prices at 2.1% and both the trimmed mean and the measure excluding the most volatile prices at 2.8%.
Monetary policyMonetary policy assessments & outlooksEconomic data and developments
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2026-07-16•Russia•Central Bank of Russia
The Central Bank of Russia will resume publishing ownership structure information for financial institutions from 1 January 2027 in an anonymised, criteria-based format. The regime will cover banks, pension funds, insurers, management companies and microfinance organisations, with disclosures based on 14 criteria and published as yes, no or not applicable. The regulator said it will prepare the anonymised data itself and does not expect additional reporting burden for firms.
Policy & regulationRules & requirementsBeneficial ownership
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2026-07-16•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission has updated its sanctions notice to reflect amended details for Anna Kosakova, who remains designated under the UK Global Anti-Corruption Sanctions Regulations 2021 and is still subject to an asset freeze, travel ban and director disqualification. Businesses must check for relevant relationships, freeze affected assets immediately if needed, report findings to the Policy & Resources Committee, and notify the Commission where an affected relationship is identified.
Policy & regulationGuidance & interpretationSanctions list update
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2026-07-16•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission has alerted firms to four individuals and seven entities designated under UK Sudan sanctions that now trigger asset-freezing obligations in the Bailiwick. Businesses must identify affected relationships, freeze relevant assets immediately and avoid providing funds or economic resources to the designated parties. Firms must report findings to the Policy & Resources Committee and then notify the Commission with key details of the relationship or transaction.
Policy & regulationRules & requirementsNew sanctions designations
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2026-07-16•Georgia•National Bank of Georgia
The National Bank of Georgia has launched a website platform that lets users compare payment service fees, exchange rates and deposit interest rates across commercial banks in one place. It includes filters and calculators for banking, card and foreign exchange costs, and shows effective deposit rates including associated charges. The data comes from commercial banks and may change, so users are advised to confirm current terms with the relevant bank before transacting.
Financial literacy & educationConsumer and investor protectionFinancial literacy and education
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2026-07-16•United States•Federal Reserve Board
The Federal Reserve Board, FDIC and OCC issued a joint statement on enhanced security procedures for handling highly sensitive information during bank examinations. The approach includes reviewing some materials on-site rather than moving them onto agency systems and sets a commitment to notify affected banks of potential or confirmed material breaches involving confidential supervisory information within 72 hours of discovery, unless legal restrictions apply.
SupervisionSupervision approach, priorities & toolkitCyber resilience
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2026-07-16•Greece•Bank of Greece
The Bank of Greece’s latest Economic Bulletin compiles five studies on Greece’s economy and policy environment. The articles find that benefit design can weaken work incentives, the 2024 current account deterioration was mainly cyclical, and economic uncertainty weighs on investment and employment. They also show higher inflation perceptions in Greece than in the euro area and persistent structural constraints in cultural and creative industries.
ResearchEconomic data and developments
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2026-07-16•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority has opened consultation on two draft rules. One would define how fund management companies must notify the authority about contracts with distributors, while the other would set the structure and maintenance of the register of licences for investment and ancillary services and related appointment approvals. The authority will finalize the rules after reviewing comments.
Policy & regulationRules & requirementsDisclosuresRegulatory burden
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2026-07-16•Italy•Italian Institute for Insurance Supervision (IVASS)
The Italian Institute for Insurance Supervision ordered the blocking of www.sanrocco-online.com and sanrocco-online.com for offering insurance services without authorization. The total number of sites blocked by IVASS since November 2023 has reached 382. The authority also warned consumers about offers made through messaging apps, prepaid card payment requests, and websites not listed on its official registers.
SupervisionInterventionsUnlicensed or unauthorized activity
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2026-07-16•United Kingdom•HM Treasury
HM Treasury published minutes of the Chancellor’s February 2026 meeting with the Bank of England Governor on the December 2025 Financial Stability Report. The minutes show that financial stability risks were judged to have risen during 2025, although households, corporates and banks remained resilient in aggregate. They also note discussion of the forthcoming private markets stress exercise and a revised 13% benchmark for system-wide Tier 1 capital requirements.
Policy & regulationCooperation
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2026-07-16•Brazil•Brazil Securities Commission (CVM)
The Brazil Securities Commission approved a cooperation agreement with the Federal Revenue Service to integrate CNPJ registration procedures for CVM-registered market participants. It also provides for broader exchange of registration data between the two bodies. The agreement will run for five years from publication in the Official Gazette.
Policy & regulationCooperationDomestic cooperation
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2026-07-16•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs Minority Staff released a report estimating that actions affecting the Consumer Financial Protection Bureau have cost consumers up to USD 26.5 billion since 2025. It says the first half of 2026 accounts for up to USD 7.5 billion, mainly from reversing the credit card late fee rule and the overdraft fee rule. Ahead of Acting Director Russ Vought’s hearing, Senator Elizabeth Warren also pressed the CFPB on unanswered oversight letters and, with Senator Jack Reed, warned about service member harms from planned regional staff relocations.
Policy & regulationOtherConsumer and investor protection
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2026-07-16•United States•U.S. Financial Services Committee
The U.S. House Financial Services Committee used a hearing on the CFPB’s semi-annual report to examine reforms under Acting Director Russell Vought and potential legislative changes. Vought said bringing the bureau under the appropriations process is the top accountability reform and described shifts toward risk-based supervision, less duplication with other regulators and enforcement focused on actual consumer harm and due process.
Policy & regulationReform agendas & prioritiesConsumer and investor protection
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2026-07-16•United States•New York State Department of Financial Services
The New York State Department of Financial Services fined Swedbank AB and its New York branch USD 50 million under a consent order. DFS said the bank failed to cooperate fully with information requests in its Panama Papers-related inquiry and withheld material information, including links involving its Baltic subsidiaries and undisclosed European regulatory findings.
EnforcementInvestigations & enforcement actionsCompliance
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2026-07-16•Canada•New Brunswick Financial & Consumer Services Commission
The New Brunswick Financial and Consumer Services Commission warned investors that FinoTraze, also known as Fino-Traze, is not registered to deal or advise in securities or derivatives in the province. The alert covers multiple related websites and says investors should avoid unregistered firms because investor protections may not be available.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-07-16•Canada•New Brunswick Financial & Consumer Services Commission
The Financial and Consumer Services Commission of New Brunswick warned that MapleVest is not registered to deal or advise in securities or derivatives in New Brunswick. The alert covers multiple aliases and websites linked to MapleVest, and the commission said investors should avoid unregistered firms because investor protections may not apply.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-07-16•Canada•New Brunswick Financial & Consumer Services Commission
The New Brunswick Financial and Consumer Services Commission warned that Monetra Trade, linked to monetra-ai.pro, is not registered to deal or advise in securities or derivatives in New Brunswick. Investors were told to avoid unregistered firms because investor protections are not assured. The alert applies only to the identified entity, which claims locations in Toronto, Sydney, Zurich and Hong Kong.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-07-16•Canada•New Brunswick Financial & Consumer Services Commission
The New Brunswick Financial and Consumer Services Commission warned that FinoTraze, MapleVest and Monetra Trade are not registered to deal or advise in securities or derivatives in New Brunswick. The alert covers multiple aliases and websites tied to those firms. Investors were urged to verify registration before engaging with them.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-07-16•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market scheduled a Commission meeting for July 17, 2026, at 14:00. The agenda is available via the linked document.
Other
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2026-07-16•Canada•Canadian Securities Administrators
The Canadian Securities Administrators has launched a consultation on modernizing securities legislation for public companies. Key issues include venture issuer classification, possible IFRS relief for some venture issuers, hold periods for private placements and material change reporting. Feedback will inform whether the CSA pursues new rules or amendments.
Policy & regulationReform agendas & prioritiesAccounting and financial reporting
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2026-07-16•Libya•Central Bank of Libya
The Central Bank of Libya said it agreed with the People's Bank of China to facilitate Libyan banks' participation in CIPS and to diversify Libya's investment portfolio through entry into the Chinese bond market. The discussions also covered cooperation on financial infrastructure and digital payments. The two sides plan to launch a Libyan-Chinese Banking Forum, with the first meeting scheduled for early 2027.
Policy & regulationCooperationCross-border cooperationPayments and payment systems
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2026-07-16•Bermuda•Bermuda Monetary Authority
The Bermuda Monetary Authority warned the public about an investment seminar promoted to Bermuda residents by UK-based entities that, according to the information available to it, are not regulated in Bermuda or the United Kingdom. It said the seminar materials advertised high returns without risk disclosures and lacked a clear disclaimer that they were not an offer to invest. The authority urged investors to verify regulatory status before committing funds.
SupervisionAlertsUnlicensed or unauthorized activity
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2026-07-16•Ghana•Bank of Ghana
In a keynote address, the Bank of Ghana announced the conversion of rural banks to community banks and introduced urban community banking, allowing Community Banks to be established in both rural and urban areas. Existing institutions must complete name changes, rebranding and other regulatory alignments by the end of December 2026. The new framework will be backed by prudential regulation and supervision focused on governance, risk management and financial discipline.
Policy & regulationReform agendas & prioritiesFinancial inclusion
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2026-07-16•United States•Office of the Comptroller of the Currency
The Office of the Comptroller of the Currency's July 2026 enforcement actions include a cease and desist order against United Texas Bank for BSA and AML compliance deficiencies and a prohibition order against a former JPMorgan Chase employee who stole about USD 120,000. The OCC also terminated four prior actions against Patriot Bank, Quontic Bank, Sidney Federal Savings and Loan Association, and Texas Heritage National Bank.
EnforcementInvestigations & enforcement actionsAML and CFT
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2026-07-16•United States•Federal Reserve Board
The Federal Reserve Board issued a prohibition order against James Burns, former chief lending officer of Heritage State Bank in Lawrenceville, Illinois, over appraisal-related lending misconduct.
EnforcementSanctions & designations