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Mozambique's Council of Ministers approves governance and funding rules for MZN 32 billion development bank
Mozambique's Council of Ministers has established the governance, funding and supervisory framework for the MZN 32 billion Mozambique Development Bank. Funding may include required allocations from state entities, safeguarded social security and pension resources, and a budget-set share of extractive-sector revenue. The Bank of Mozambique will oversee prudential compliance and administer sanctions.
India's International Financial Services Centres Authority sets approval, risk control and audit rules for algorithmic trading
The International Financial Services Centres Authority issued guidelines requiring prior stock exchange approval and conformance testing for algorithmic trading on IFSC exchanges. Market participants must implement governance, risk controls, order-level identification and annual system audits, while exchanges and existing systems have three months to meet the implementation and testing requirements.
Indonesia Financial Services Authority imposes IDR 2.1 trillion in fines over DSSA manipulation and BREN and CUAN share allocations
The Indonesia Financial Services Authority imposed IDR 2.1 trillion in fines for planned manipulation of DSSA shares and improper allocations in the BREN and CUAN public offerings. The misconduct generated unlawful gains, concentrated BREN and CUAN ownership among parties linked to controlling shareholders and also led to the freezing of individual licenses held by securities company directors.
Philippine Securities and Exchange Commission adopts equity and fixed income market-making rules with PHP 150 million capital floor
The Philippine Securities and Exchange Commission has adopted market-making rules for exchange-traded equity and fixed income securities, with a minimum PHP 150 million capital requirement for accredited market makers. The framework establishes asset-specific quoting, inventory, risk management, disclosure and surveillance requirements while excluding government securities under the existing primary dealer framework. Existing market makers have six months from effectivity to comply, and exchanges must submit implementing guidelines within 30 days.
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Last update: 33 min agoView the key developments for the period from October 5 - 11 2026 in the latest Global Regulator & Central Bank News Roundup. Access Regxplora on the go with our new iOS app.
Disclaimer: Summaries are created using generative AI and may contain inaccuracies. Please refer to the original source for authoritative information.
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259 updates in the past 7 daysThe Argentina Securities Commission updated the framework for virtual asset service providers based on experience since its implementation. The changes clarify registration amendments and cancellations, corporate and net worth requirements, and periodic reporting, with new instructions to standardize submissions.
Payments Canada confirmed that the Real-Time Rail is undergoing comprehensive testing and remains on track for a phased launch in the fourth quarter of 2026. The ISO 20022 system will provide instant account-to-account payments around the clock, supported from launch by centralized confirmation of payee, transaction risk scoring, fraud risk lists and systemwide intelligence capabilities.
The National Bank of Ukraine has launched an FX Global Code web page with practical guidance for Ukrainian market participants considering adherence. The resource covers the Code’s core principles, terms and benefits of adherence, relevant materials and the banks that have adopted it, building on the central bank’s own commitment in May 2026.
The Bermuda Ministry of Finance is leading a delegation to Washington for talks with U.S. regulators and industry representatives on digital asset oversight and cross-border engagement. Discussions will also cover the use of digital assets in Bermuda’s insurance and reinsurance market and wider domestic adoption.
The UK Financial Conduct Authority and National Crime Agency have arrested three people in an operation targeting suspected insider dealing and money laundering. Searches of five properties in London and Manchester involved more than 100 staff and resulted in the seizure of over 30 electronic devices.
The State Bank of Pakistan has launched Banking on Equality Policy 2026 to expand women’s digital financial access, employment and business finance. The framework sets targets for hiring, outreach and branchless banking agents, and promotes specialized financing for women owned or led enterprises. It supports the national goal of reducing the financial inclusion gender gap to 25% by 2028.
Belgium’s Financial Services and Markets Authority has updated the questionnaires used to assess the suitability of shareholders of intermediaries and credit providers.
The Bank of Italy released seven Occasional Papers spanning judicial efficiency, wages, investment shocks, stablecoins, artificial intelligence, family firms and energy markets. Key findings link improved bankruptcy court management to stronger lending, show a 1.3% real decline in negotiated wages since 2000 and attribute Italy’s 2008-2019 investment weakness mainly to persistent supply shocks. Other papers assess stablecoin anchoring and evidence-grounded artificial intelligence tools for Economic Bulletin drafting.
The German Federal Financial Supervisory Authority has proposed extending existing mortgage consumer lending competence standards to internal and external staff involved in general consumer lending. Staff would need current knowledge across lending law, creditworthiness assessments, products, collateral and advice, supported by suitable evidence of competence.
The Swedish Financial Supervisory Authority has published an initial Q&A for supervised firms on the EU anti-money laundering package and AMLA. It covers foundational questions identified partly through industry dialogue and will be updated as the framework develops.
The Swedish Financial Supervisory Authority has adopted new and amended consumer credit rules following its May consultation. The package aligns the framework with new Swedish legislation, including rules for mortgages and certain other consumer credits, and takes effect on Nov. 20, 2026.
The Ghana National Insurance Commission has identified 15 ESG priorities to guide its sustainability strategy, risk register and first public sustainability report. Governance dominated the findings, while consumer protection ranked second and climate risk was the sole environmental priority. The commission plans to report voluntarily under IPSASB SRS 1 in 2026, ahead of its 2028 effective date.