European Central Bank Banking Supervision has issued version 4.1 of its guide to internal models, removing all guidance on CCF estimation. The change reflects the European Banking Authority’s ongoing work on separate Guidelines for CCF. The rest of the guide continues to set out the ECB’s supervisory interpretation for internal model approvals.
The European Central Bank has issued version 2.0 of its assessment guide for the internal model method used to calculate counterparty credit risk exposure. The revision removes all A-CVA-related content because A-CVA was replaced by SA-CVA from Jan. 1, 2025. The guide otherwise continues to set out how the ECB assesses banks' IMM governance, modelling, validation, stress testing and data controls.
European Central Bank Banking Supervision has revised its materiality guide for internal model method changes so that it now covers IMM only, removing all advanced credit valuation adjustment content. The update reflects the replacement of A-CVA by SA-CVA from 1 January 2025 and leaves SA-CVA materiality standards to future European Banking Authority rules. The guide continues to set the ECB’s supervisory criteria for when IMM extensions and changes need investigation, approval or notification.
The Thailand Office of Insurance Commission used a training program for 146 staff to set the 2026 operating policy for the Road Accident Victims Protection Fund. It emphasized faster access to compensation rights for victims, greater use of data and digital systems, and more consistent nationwide operations. The initiative also supports the Office’s broader data-driven regulatory and prevention-focused approach.
The Angola Capital Markets Commission held a capital markets fundamentals lecture for fifth-year law students from the Catholic University of Angola under its Financial Education Program. The session covered the financial system, the commission's role, and the importance of saving and investment, and was followed by a guided visit to the commission's departments.
The European Insurance and Occupational Pensions Authority published a report summarising its 2025 oversight activity across the European Economic Area. It covers 10 country visits, participation in 33 insurance colleges plus other supervisory forums, and the first oversight work on digital operational resilience following DORA.
The Rwanda Capital Markets Authority used a #SheInvests event to urge women to start investing earlier through capital markets, noting that female participation is only about 36 percent. Its message was that stronger financial education and clearer information on products and risks are needed to widen participation. The authority highlighted shares, bonds and collective investment schemes as tools for long-term savings and asset building.
The Rwanda Capital Markets Authority visited the Nigerian Exchange Group in Lagos for discussions on market development, regulation and cooperation. Talks focused on regulatory coordination, market infrastructure and cross-border integration through the African Securities Exchanges Association and the African Exchange Linkage Project, with a reciprocal NGX visit to Kigali envisaged.
The Rwanda Capital Markets Authority said its Nigeria study tour ended with talks at Central Securities Clearing System Plc on settlement modernisation, dematerialisation, CSD risk-rating readiness and post-trade technology. The visit also covered meetings with Nigeria's Securities and Exchange Commission, Debt Management Office and Nigerian Exchange Group, with both sides agreeing to continue engagement.
The Thailand Securities and Exchange Commission has asked the public prosecutor to file a Civil Court lawsuit against two individuals in a TCC market manipulation case after they refused to settle under civil sanctions. The SEC is seeking maximum statutory penalties, including THB 7,268,810.30 plus interest, trading suspensions and director or executive bans. The matter has also been referred to the Anti-Money Laundering Office.
The OECD has published a paper on how AI and digital tools could improve SMEs' access to sustainable finance by reducing reporting, origination and monitoring frictions. It says progress depends on interoperable data infrastructure, stronger verification of sustainability data, clearer incentives for SME reporting and safeguards for AI use. The paper also stresses that more advanced AI applications should complement, not replace, human judgment.
The Bank of Korea said average bank rates in May 2026 were broadly stable. The rate on new deposits rose 1 basis point to 2.93%, while the rate on new loans fell 1 basis point to 4.19%. Rates on outstanding deposits and loans both increased 1 basis point, to 2.03% and 4.31% respectively.
The South Korea Financial Supervisory Service said foreign investors sold a net KRW47.019 trillion of listed stocks and bought a net KRW8.791 trillion of listed bonds in May 2026. That extended foreign net stock selling to five straight months and bond buying to two months, with holdings at KRW2,852.3 trillion in stocks and KRW333.6 trillion in bonds. Bond inflows were concentrated in Korean Treasury Bonds, while equity outflows were led by investors from the United States and Canada.
The Isle of Man Financial Services Authority’s quarterly funds bulletin showed total scheme NAV fell 3.31% quarter on quarter to USD11.96 billion at 31 March 2026, with 177 schemes in operation. Overseas schemes declined to USD7.05 billion, while services to overseas fund managers or administrators increased to USD1.98 billion. Isle of Man schemes fell to USD2.49 billion.
The Isle of Man Financial Services Authority has published seminar slides explaining how nominated officers should apply the Island’s 2026 beneficial ownership changes. The material focuses on the revised registrable beneficial owner test, new nature-of-interest categories and the process for cases where no registrable beneficial owner exists, including senior managing official reporting. The slides state that the new requirements took effect on 25 May 2026 and database updates are due by 15 September 2026.
The Central Bank of Mongolia and the People's Bank of China re-signed and extended their bilateral currency swap arrangement for another three years. The move followed talks between the two governors on broader cooperation in banking, trade finance and cross-border payments.
The Australian Securities & Investments Commission has sued former Keystone Asset Management directors and compliance committee members, alleging they put Shield Master Fund investors’ superannuation at risk by transferring fund money to related entities and third parties without proper safeguards. ASIC says more than AUD 530 million entered the fund and about AUD 305 million was moved through a related property vehicle into entities linked to two former directors. It is seeking civil penalties, disqualification orders and costs, and said its Shield investigation is continuing.
The Australian Securities & Investments Commission accepted John Gordon Owenell’s application to cancel his registration as a company auditor after raising concerns about alleged independence and conflicts of interest failures. ASIC’s concerns stemmed from his prior roles with the client and his 19 consecutive years auditing the same large proprietary company. No admissions were made by Mr Owenell.
Hong Kong's Financial Services and the Treasury Bureau said the Financial Secretary has appointed Bernard Man, SC, and reappointed Vincent Chan Chun-hung as non-executive directors of the Securities and Futures Commission. Their two-year terms begin on Aug. 1, 2026. The bureau also confirmed that Victor Dawes, SC, will leave the board after six years of service.
APRA added seven new superannuation reporting FAQs covering liquidity reporting and material exposure disclosures for RSE licensees. The guidance clarifies ad hoc liquidity reporting, planned liquidation reporting and how actual look-through exposures should be used to assess materiality under SRF 553.0. The FAQs are guidance only until incorporated into legislative reporting instruments.
The Central Bank of Trinidad and Tobago kept its repo rate at 3.50% on 26 June 2026, citing heightened global uncertainty, elevated inflation and tighter monetary conditions abroad, alongside low domestic inflation, moderating economic activity and slower private sector credit growth. It said liquidity remained ample, with commercial banks’ daily excess reserves averaging TTD 4,578 million in mid-June, while headline inflation slowed to 0.3% year on year in May and private sector credit growth eased to 4.0% in April, and it will continue to monitor conditions and act as needed.
The Central Bank of Uruguay is implementing a new cybersecurity supervision framework for the National Payment System based on the Uruguay Cybersecurity Framework. From July 1, Electronic Money Issuers must periodically report their cybersecurity capabilities to support more consistent and proactive supervision. The framework is set to be extended gradually to other financial system participants.
The U.S. Financial Services Committee said the House passed the Financial Exploitation Prevention Act of 2025 by a 414 to 2 vote. The bill would let financial institutions temporarily delay certain transactions when they reasonably suspect financial exploitation of older Americans or people with mental or physical disabilities. Committee leaders said the measure is designed to give firms clearer authority to intervene while preserving customer rights and oversight.
The Ministry of Finance of Trinidad and Tobago said Finance Minister Davendranath Tancoo attended the OPEC Fund Development Forum 2026 in Vienna on June 23. The forum focused on development impact and resilience in vulnerable nations, and the ministry said Tancoo aims to build on relationships formed there. He also thanked CAF for supporting Trinidad and Tobago's participation.
The Federal Deposit Insurance Corporation has proposed a major simplification of resolution submissions for covered insured depository institutions, including raising the threshold to USD 100 billion and removing strategy, testing and credibility assessment requirements. It would put all covered firms on a three-year filing cycle and rely on extraordinary event notices for material changes. The board also exempted all currently covered institutions from October 2026 and 2027 filings while the proposal is considered.
The Federal Deposit Insurance Corporation has proposed changes to its disclosure rules that would let insured depository institutions share confidential supervisory information more freely for business purposes, subject to conditions. The proposal would also simplify the agency’s FOIA and litigation-related disclosure rules, including its process for handling confidential commercial information. Comments are due 60 days after publication in the Federal Register.
The Federal Deposit Insurance Corporation has proposed broad changes to deposit insurance assessments, including raising the small-versus-large institution threshold to USD 30 billion and lowering initial base assessment rates. Large and highly complex institutions also could receive up to a 1 basis point reduction for resolution readiness measures tied to virtual data room testing and prescribed data access. Comments are due 60 days after Federal Register publication.
The Central Bank of Seychelles held its accommodative Monetary Policy Rate at 1.75% for the third quarter of 2026 amid expected domestic price pressures from higher commodity and transport costs linked to the Middle East conflict. The Standing Deposit Facility, Standing Credit Facility and Minimum Reserve Requirement remain at 0.25%, 3.25% and 10%, respectively.
The French Financial Markets Authority has published a sanctions committee decision concerning Bourse Direct and Catherine Nini in a case relating to professional obligations.
The French Financial Markets Authority's Sanctions Committee fined Bourse Direct EUR 800,000 and its chief executive, Catherine Nini, EUR 50,000. It found failures in transaction reporting and market abuse surveillance, including unreported transactions, incorrect venue codes and ineffective alerting and review processes. The decision may be appealed.
The Eastern Caribbean Central Bank said on ECCB Connects that it will hold a third free generative artificial intelligence and Python coding summer camp, jointly sponsored with the Republic of China (Taiwan). The 2026 program adds real clients, certification access and a hybrid attendance option. Earlier camps drew more than 200 students from three countries in 2024 and 387 students from seven countries in 2025.
The Philippine Securities and Exchange Commission has become the first national government agency to receive the Civil Service Commission’s PRIME-HRM Silver Award. The recognition grants it greater autonomy to implement human resources mechanisms and approve appointments, subject to post-audit.
The Office of the Comptroller of the Currency released Comptroller Jonathan V. Gould’s explanation of his FDIC votes supporting proposals on resolution planning, deposit insurance assessments and confidential supervisory information. He said the proposals are a step forward because they narrow or ease some requirements and could improve banks’ flexibility, but he urged commenters and the FDIC to make further changes on scope, clarity and access.
The Central Bank of Russia has launched a consultation on whether ruble stablecoins need a dedicated regulatory framework. It would keep the ban on using stablecoins and digital financial assets for settlements between residents, while seeking views on redemption, reserves and issuer resilience. Feedback is open through 1 September 2026.
The Bank of Guatemala’s June macroeconomic outlook shows continued domestic expansion and inflation below target at 2.89% in May. It revised its 2026 private sector credit growth forecast down to 6.5% from 9.0% plus or minus 1 percentage point and raised the current account surplus projection to 4.1% of GDP from 3.9%. The update also notes easing Middle East tensions and lower oil prices, alongside persistent uncertainty around the United States outlook.
The Argentina Superintendency of Insurance has introduced a transitional regime for insurers and reinsurers investing in National Public Securities bought directly in primary auctions. It extends through Dec. 31, 2027 the limits for valuing those instruments at technical value, to encourage participation in primary sovereign debt issuance while retaining prudential safeguards.
Central Bank of Uruguay Vice President Ana Claudia de los Heros used a fintech summit appearance to outline the central bank’s vision for Open Finance in Uruguay. The model would be built progressively around trust, security and collaboration, with user consent and data control at its core. She framed it as a structural shift from financial silos to bridges that could broaden credit access, product choice, innovation and competition.
The Trinidad and Tobago Securities and Exchange Commission has issued a sixth investor alert on rising investment scams spread through social media and messaging apps. It warns about fake profiles, AI-enabled impersonation, personal account deposits, fabricated trading platforms and withdrawal fee demands. Investors are told to verify TTSEC registration and avoid unsolicited offers that promise unusually high returns.
The Superintendency of Banks of the Dominican Republic said the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions held its general assembly in Santo Domingo, focusing on cybersecurity, model risk and artificial intelligence in banking. The meeting brought together nine member jurisdictions to strengthen regional supervisory coordination and also marked the council’s 50th anniversary.
The Thailand Securities and Exchange Commission is consulting on amendments to the Securities and Exchange Act aimed at strengthening enforcement, examinations and supervisory powers. The proposals add reporting duties for certain securities sales and significant encumbrances, require foreign service providers to disclose ultimate beneficial owner information, and allow temporary suspension of harmful transactions. The consultation closes on 24 July 2026.
The Federal Reserve Board has terminated its cease and desist order against Jiko Group, Inc. The order was originally dated July 16, 2024, and was terminated on June 23, 2026.
The Federal Reserve Board issued a consent cease-and-desist order against Jason Burns of Bank of Eufaula and S N B Bancshares, Inc. in connection with unsafe lending practices.
The Financial Action Task Force will launch its 2026-2028 Roadmap on Combating Fraud at a virtual event on 1 July 2026, making fraud a key priority under the incoming United Kingdom presidency. The discussion will bring together public and private sector participants to shape the roadmap, with a focus on financial intelligence, information sharing, asset recovery and international cooperation. It builds on the FATF ministers’ April pledge to use the full AML/CFT/CPF toolkit against fraud, including scam centres, legal persons, virtual assets and artificial intelligence.
The Egmont Group, through ECOFEL, the Austrian Financial Intelligence Unit and the United Nations Office on Drugs and Crime have invited European FIUs to a Virtual Assets Workshop in Vienna on 10 and 11 December 2026. Attendance is limited to 90 seats on a first come, first served basis, with up to two participants per FIU.
The Bank of Greece held the third workshop in its LIFE-IP AdaptInGR climate adaptation financing series, focusing on insurance. Discussions covered the insurance protection gap in Greece and Europe, claims data from climate-related natural disasters in Greece, and the domestic insurance market’s challenges, opportunities and emerging products.
The National Bank of Moldova said it discussed closer supervisory cooperation with Austria's Financial Market Authority, with a focus on banking and insurance oversight and Moldova's alignment with EU standards. Insurance reform and Solvency II were key topics, alongside banking developments, SEPA integration and the MIA instant payment system.
The National Bank of Moldova said its governor met the Austrian Central Bank's governor in Vienna to discuss bilateral cooperation, Moldova's European integration, macroeconomic stability and payments infrastructure. Moldova outlined progress in aligning its banking and payments framework with European Union standards, with a focus on SEPA integration and the MIA instant payment system. The meeting also touched on Austrian support for training through the Joint Vienna Institute.
The National Bank of Ukraine said its November 2025 proceedings against Ukrposhta CEO Ihor Smilianskyi were based on supervisory findings from 2023–2026 and systemic business conduct violations, and that the fit-and-proper ruling was adopted unanimously by two NBU bodies. It said the decision was unrelated to any banking license application because Ukrposhta had not applied, while also citing the company’s losses and governance weaknesses. The NBU said it can disclose the Qualification Commission minutes if Mr Smilianskyi requests or authorizes publication.
The National Bank of Ukraine updated the benchmark bond list that banks may use to meet up to 60% of reserve requirements. It removed redeemed issue UA4000227490 and added newly placed issue UA4000239057, bringing the list to 20 securities. The change is intended to support bank participation in government debt auctions and budget financing without monetary financing.
The Bank of Italy hosted a two-day conference in Rome on decentralized finance and the crypto-asset ecosystem with the University of Turin and Collegio Carlo Alberto. Discussions focused on tokenization, investor behaviour and compliance, DeFi market structure, and the links between crypto markets and monetary policy.
Ranking Member Ron Wyden of the U.S. Senate Committee on Finance has opened an inquiry into Yorkville International Capital, which raised USD 200 million for investments in Venezuela and Latin America. The inquiry focuses on Yorkville's links to Trump family businesses, possible conflicts of interest, and whether proposed Venezuela transactions comply with OFAC sanctions and related due diligence expectations.
The U.S. Department of Justice said a California man pleaded guilty to a years-long spoofing scheme involving more than 3,000 manipulative trades in thinly traded securities. He admitted using multiple brokerage accounts to place and cancel non-bona fide orders to move prices in his favor and agreed to forfeit more than USD 1.3 million. Sentencing is set for Sept. 30.
The U.S. Senate Committee on Banking, Housing and Urban Affairs released Ranking Member Elizabeth Warren’s remarks and questioning from a hearing on Trump’s nominees for the Council of Economic Advisers, the National Credit Union Administration and HUD inspector general. Warren said CEA nominee Christopher Phelan failed basic factual questions on inflation and wages and argued he had “disqualified himself in five minutes.” She also raised concerns about NCUA board independence and political pressure on HUD oversight.
Ranking Member Elizabeth Warren said new data showed annual inflation had risen to its highest level in more than three years. She linked the increase to President Donald Trump's tariff policy and said May costs rose for health care, food, gas and housing. Warren also criticized Trump for not signing a bipartisan housing bill.
The U.S. House Financial Services Committee’s Capital Markets Subcommittee is holding a hearing on how active and passive investing are affecting markets and whether regulation is keeping pace. In prepared remarks, Chairman Ann Wagner highlighted growth in investment products and cited a 66 percent increase in ETFs between 2020 and 2024 after the SEC’s 2019 ETF Rule. She also framed the discussion around price discovery, retail investor outcomes and capital formation for smaller public companies.
The European Association of CCP Clearing Houses published an interview with Euronext's Sandra Andersson on the outlook for clearing and career development. She said clearing will remain important for risk management and financial stability, while CCPs must adapt to AI, DLT, tokenisation and rising cyber and resilience threats. She also linked the longer-term effects of the MISP package and a new supervisory set-up to possible gains for market integration and European CCP competitiveness.
The New Brunswick Financial and Consumer Services Commission warned that Moonetrix is not registered to deal or advise in securities or derivatives in New Brunswick. The alert covers moonetrix.com and three alternate URLs, and says investors should avoid unregistered firms because investor protections may not apply.
The Canadian Investment Regulatory Organization said inaugural President and Chief Executive Officer Andrew Kriegler will not seek another term and plans to retire in 2027. The board has started a formal successor search with Russell Reynolds, while Kriegler remains in post during the process. The move follows completion of CIRO's integration and major inaugural strategic plan objectives.
The New Brunswick Financial and Consumer Services Commission has warned that Alderstone Holdings, linked to alderstone-holdings.com, is not registered to deal or advise in securities or derivatives in New Brunswick. It said investors should avoid unregistered firms because investor protections may not apply. The alert applies only to the identified website, which claims to be based in Zurich, Switzerland.
The Financial and Consumer Services Commission of New Brunswick warned that Alderstone Holdings and Moonetrix are not registered to deal or advise in securities in New Brunswick. The alert covers alderstone-holdings.com and Moonetrix-related sites including moonetrix.com, app.moonetrix.org, moonetrix-opinion.com and experience-moonetrix.com. Investors were told to avoid unregistered firms because investor protections are not assured.
At BATEV, Argentina Securities Commission Vice President Sonia Salvatierra restated the CNV's capital markets modernization agenda with an emphasis on channeling more funding to real estate. She highlighted the deregulation and simplification package, including a planned automatic public offering regime for most issuances, as well as tokenization rules and measures easing real estate financing through financial trusts, mutual funds and mortgage-loan funds.
At a business chamber event, the Argentina Securities Commission's vice president set out the CNV's existing capital markets modernization agenda rather than announcing a new measure. The presentation highlighted the Big Bang regulatory package, easier market access mechanisms, virtual asset and tokenization rules, and forthcoming regulation for Labor Assistance Funds. The session was part of the CNV's ongoing outreach to potential investors, including Canadian companies.
The Isle of Man Treasury published a notice flagging an amendment to one entry on the UK sanctions list following a 24 June 2026 update by the UK Foreign, Commonwealth and Development Office. It also restates firms’ obligations to freeze assets, verify matches, avoid dealing with assets of designated persons without an exemption or licence, and report frozen assets and suspected breaches to the Financial Intelligence Unit.
The Belgium Financial Services and Markets Authority announced that trading in Qrf financial instruments, ISIN BE0974272040, on Euronext Brussels will reopen at 9:00 CET on 25 June 2026.
The Consumer Financial Protection Bureau has finalized a joint rule establishing technical standards for data filed with several U.S. financial regulators under the Financial Data Transparency Act of 2022. The standards set common identifiers and a principles-based framework for data transmission, schema and taxonomy formats to support interoperable, machine-readable regulatory reporting.
The Canadian Securities Administrators have finalized a voluntary access model that allows certain reporting issuers, other than investment funds, to provide electronic access to key continuous disclosure documents instead of following current delivery requirements. The changes cover annual and interim financial reports and related management’s discussion and analysis, while preserving investors’ ability to request electronic or paper copies. If approvals are obtained, the framework will take effect on September 22, 2026.
The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on the nominations of Christopher Phelan for chair of the Council of Economic Advisers, John Crews for the National Credit Union Administration Board and Jeffrey Ledbetter for HUD inspector general. Chairman Tim Scott said the posts are central to advancing the administration’s economic, financial access and taxpayer accountability priorities. He highlighted economic policy, credit union regulation and HUD oversight as the main areas at issue.
The Portuguese Insurance Regulator has opened recruitment for a director of its Market Conduct Supervision Department. Applications close at the end of 14 July 2026.
European Central Bank Banking Supervision published asset quality review results for KfW IPEX and Promontoria after both banks became significant institutions. The reviews focused on credit risk and reduced CET1 ratios by 87 basis points and 400 basis points respectively, but neither bank fell below its capital requirements. The findings will feed into ongoing supervision and follow-up supervisory measures.
The Financial Supervisory Authority of Norway warned that a company promoted with promises of high returns and ambitious future plans may be part of an investment scam. It said the claims are poorly documented and unrealistic, and that investors could lose all their money. Norway's Consumer Authority added that the marketing shows pyramid scheme characteristics and must more clearly disclose costs, terms, risks and the basis for returns.
The Norwegian Financial Supervisory Authority has adopted a new mandate for the Preparedness Committee for Financial Infrastructure, clarifying its role in severe ICT incidents and crises. The mandate strengthens sector coordination and assigns the committee responsibilities including crisis coordination, information sharing, planning and annual exercises.
The Central Bank of Libya said it has passed June salary disbursement authorizations from the Ministry of Finance to commercial banks for immediate processing through the Your Salary Instantly system. The platform has resumed full operation, with about 1.7 million public sector employees registered by June, and the central bank is also automating complaints handling and working on unpaid salary cases.
An IMF staff mission to Liberia said the country has made solid macroeconomic progress and reached understanding with the authorities on policies for the fourth review under the Extended Credit Facility. The statement projected 5.5 percent GDP growth in 2026 and said fiscal performance remains on track, while the current account deficit is expected to widen sharply because of higher fuel and capital goods imports. Discussions will continue in the coming days.
The National Bank of Belgium confirmed that from 1 July 2026 it will remove the mortgage portfolio macroprudential buffer and raise the countercyclical capital buffer to 1.25%. That cuts total macroprudential capital requirements to about EUR 3.4 billion from EUR 4.1 billion. The bank also kept the 1.25% countercyclical buffer rate for the third quarter of 2026 and told banks to review whether provisions adequately cover current risks.
The Financial Conduct Authority has censured CACEIS UK and secured a GBP 31.7 million voluntary payment for WealthTek clients over weak financial crime controls. The FCA found the bank failed to act on register checks, missed that WealthTek could not hold client money, and did not properly monitor client accounts. It said a GBP 23.091 million fine would otherwise have been imposed.
The Prudential Regulation Authority has published its latest metrics for monitoring delivery of its Secondary Competitiveness and Growth Objective and updated the framework with new measures on administrative burden, insurer investment facilitation and support for innovative firms. The report says measures delivered in 2025 reduced firms' administrative burden by GBP 65.9 million, all authorisation case types were completed on time over the reporting period, and 37 banking reporting templates were removed from the Rulebook. It also records 29 out of 29 Basel standards adopted, 12 Matching Adjustment reviews completed and six firms in the initial PRA and Financial Conduct Authority Scale-up Unit cohort.
The Prudential Regulation Authority's annual EDMC report says multiple enforcement cases were concluded in the year to 28 February 2026, one statutory notice was issued, and no decisions were referred to the Upper Tribunal. The committee also reviewed two settled PRA cases and made no recommendations on the settlement process. Recruitment is underway for additional members, including a new chair and deputy chair, ahead of term expiries in July 2026.
The Prudential Regulation Authority, within the Bank of England, reported 271 whistleblowing disclosures for 2025-26, of which 257 were assessed as protected disclosures. All were shared with supervisors, with 17 helping manage potential regulatory risk and 89 still under assessment. The report also gives anonymised examples of disclosures feeding into work on operational resilience, governance and culture, and supplier oversight.
The Prudential Regulation Authority’s 2025/26 annual report says it finalised major prudential reforms while judging the banking and life insurance sectors resilient in stress tests. Key measures included Basel 3.1 from 1 January 2027, with market risk internal models delayed to 1 January 2028, the Strong and Simple regime for smaller banks, Solvency UK insurance changes and further operational resilience work. The Prudential Regulation Committee concluded the PRA had adequate resources and appropriate independence despite a 4% budgeted headcount reduction.
The Prudential Regulation Authority has published the annual report of its Cost Benefit Analysis Panel covering March 2025 to February 2026. The panel reviewed six formal CBAs and two early draft PRA CBAs, supported updates to the PRA and Bank of England CBA frameworks, and concluded the PRA’s plus or minus GBP 10 million materiality threshold remains appropriate. It will continue reviewing rulemaking CBAs and methodology in 2026/27.
The Central Bank of Kenya and Clearstream launched a market link that gives international institutional investors access to Kenyan government securities through DhowCSD. The link covers government bonds, infrastructure bonds and treasury bills, and is expected to deepen liquidity, widen the investor base and support the domestic debt market.
The Federal Reserve Bank of Kansas City’s June Manufacturing Survey showed moderate growth in Tenth District manufacturing activity, with future expectations still expansionary. Prices continued to rise, and the survey’s price indexes reached their highest levels since 2022. The release also introduced new seasonal adjustment factors that slightly changed historical index values.
The National Bank of Georgia published interactive press releases covering current trends in resident banks’ loans and deposits as of May 2026.
At Point Zero Forum 2026, the National Bank of Georgia presented its recent reforms for digital finance. These include digital bank licensing, a virtual asset service provider framework and a new stablecoin regime described as the first of its kind in the region. The bank said three digital banks are operating in Georgia and 40 virtual asset firms have registered under the new framework.
The National Bank of Denmark kept Denmark’s 2026 domestic government bond issuance target at DKK 65 billion in its second-half borrowing strategy and maintained a DKK 20 billion year-end target for Treasury bills and commercial papers. Issuance will stay focused on 2-year and 10-year nominal bonds, with ongoing sales of the 10-year green bond and limited issuance in the 30-year and 2034 inflation-linked bonds. The total 2026 financing requirement is projected at DKK 124 billion, with market liquidity support continuing through buybacks, switch auctions and securities lending.
Bank of Italy's annual report said Sicily's economy grew 0.6 percent in 2025, slightly outpacing Italy but slowing from the previous year as services weakened. Public works, non-oil exports, employment and credit supported activity, while petroleum trade fell sharply. Business and household lending strengthened and the region returned to budget surplus, though municipal financial stress remained more widespread than the national average.
The Ukraine National Commission on Securities and Stock Market has revised its approval process for senior and other responsible staff at non-bank professional participants in the capital markets and organized commodity markets. Candidates will now face mandatory testing, and some may also be interviewed on experience, risk judgment and business reputation. The Commission also clarified when it can selectively review approved staff and withdraw approval if integrity or reputation concerns emerge.
The Central Bank of Russia has updated its method for assessing banks’ economic situation to rank institutions by risk more precisely. The revised framework simplifies indicators, replaces the scoring and weighting model with an assessment of aggregate risk impact on capital, and moves the analysis to a consolidated level. The regulator plans to start using the new approach in 2029.
The Central Bank of Russia reported that broad money (M2X) rose 1.2% in May, driven mainly by inflows into organisations’ ruble accounts and deposits, which pushed annual M2X growth up to 13.1% from 12.5% in April.
The Bank of France’s 2025 Observatory for Banking Inclusion report shows broader identification and support for financially vulnerable customers, with 4.8 million customers classified as financially fragile and 1.2 million receiving the fragile customer offer. It also reports a 9.8% rise in overindebtedness filings in 2025, with a marked increase among 18 to 29 year olds. The report warns that installment payments and minicredits, now 14.6% of consumer credit excluding overdrafts, are increasing risks for vulnerable borrowers.
Saudi Arabia's Capital Market Authority approved BaraSeen Medical Company's application to offer 3.3 million shares, equal to 17.10% of its share capital, on the Parallel Market. The sale is limited to Qualified Investors, with a prospectus to be published before the offering. Approval is valid for six months from the board resolution date and lapses if the offering and listing are not completed in that time.
The Oman Financial Services Authority said Oman’s capital market provided more than RO 7 billion in financing during 2021 to 2025, and described it as a complement to bank lending for medium and long-term funding needs. In remarks to Oman News Agency, the authority also emphasized the primary issuance market’s role in financing new projects and highlighted efforts to expand sustainable, Sharia-compliant and fintech-enabled financing options, including for SMEs.
The National Commission for Financial Markets approved two takeover-related actions and deregistered a matured corporate bond issue at its June 23 board meeting. It cleared a voluntary bid for 3,898 shares in Edineț Specialized Repairs Enterprise at MDL 49.90 per share, approved a mandatory withdrawal request covering 10,636 shares in ABC SA, and removed Moldova-Agroindbank bonds worth MDL 58.54 million from the register after maturity.
Sweden's Riksbank has published an analysis showing that Swedish banks' foreign exposures are large and concentrated, with the major banks serving as the main channels for cross-border and domestic risk transmission. Average foreign exposures total SEK 440 billion, with 60 per cent concentrated in Denmark, Norway and Finland and about half linked to six key foreign counterparties. The Riksbank said future work will quantify potential contagion risk in the Swedish banking system.
The European Central Bank reported that excess liquidity in the euro area banking system fell by EUR 112 billion to EUR 2,358 billion between 11 February and 5 May 2026. The drop was driven mainly by a EUR 144 billion reduction in APP and PEPP holdings as redemptions continued without reinvestments. Key ECB policy rates were unchanged, while credit operations remained stable at EUR 24 billion.
The European Central Bank said in an Economic Bulletin analysis that the euro area current account surplus fell to 1.7% of GDP in 2025 from 2.7% in 2024, driven mainly by wider services and primary income deficits rather than weaker goods trade. It linked the change chiefly to US tariffs and US multinational structures, stronger Chinese competition and rising AI-related digital imports and investment. The ECB expects the surplus to remain below its 2024 level, falling to about 1.3% of GDP in 2026 before recovering to around 1.5% by 2028.
In a presentation by Piero Cipollone, the European Central Bank outlined its payments strategy around a retail digital euro, tokenised central bank money for wholesale use and cross-border payment links. The ECB said a digital euro pilot will run for 12 months from the second half of 2027 and that it aims to be ready for a possible first issuance in 2029, subject to EU legislation. It also said Pontes, which links DLT platforms to TARGET Services for settlement in central bank money, is due to launch in September 2026.
The Thailand Securities and Exchange Commission, together with the Bank of Thailand, the Office of Insurance Commission and the Stock Exchange of Thailand, has launched the Money Story for Influencer project to help creators communicate finance, investment and insurance topics accurately and responsibly. The two-day program is not limited to financial influencers and includes 34 qualified pages or channels representing 36 participants. A second session is scheduled for 2 July 2026.
The Reserve Bank of India has issued draft directions that would consolidate existing instructions on secondary market transactions in government securities into a single framework. The move is intended to improve clarity and streamline compliance. Comments are invited until July 17, 2026.
The Reserve Bank of India has issued draft directions for the call, notice and term money markets and is consulting on a new Master Direction for the segment. The proposal is intended to deepen the term money market by expanding participation and raising borrowing limits for standalone primary dealers. Comments are due by July 17, 2026.