Luxembourg Finance Minister Gilles Roth signed an agreement with his Vietnamese counterpart to expand cooperation between the countries’ financial centers. The mission also covered capital markets, digital and sustainable finance, talent development and links with the planned Vietnam International Financial Centre.

The European Supervisory Authorities have set their 2027 joint priorities, led by DORA oversight, cyber preparedness, AI and tokenisation, sustainable finance and securitisation. Planned work includes examinations of critical ICT providers, major incident reporting, cross-sectoral risk updates and technical measures linked to EU regulatory reforms. The programme will also seek to simplify requirements and reduce unnecessary regulatory burdens.

The National Bank of the Kyrgyz Republic is consulting on changes to minimum charter and regulatory capital requirements for commercial banks with foreign branches. The proposal seeks to mitigate risks from overseas branch activity and implement the legal framework established by a presidential decree.

The National Securities and Stock Market Commission of Ukraine reviewed its work to integrate the country’s capital markets into European and global regulatory frameworks. Its 2026 IOSCO memorandum enables direct cross-border information sharing for market misconduct investigations. Other priorities include EU rule alignment, OECD corporate governance work, sustainable finance and MONEYVAL assessments.

Luxembourg’s 2026 assessment identifies low-value, cross-border transactions by lone actors and small cells as the main terrorist financing threat, while large international flows remain theoretical. Retail and online banks, payment and e-money institutions, and virtual asset service providers retain medium residual risk. Domestic fiducies, foreign trusts and certain internationally active nonprofit associations are assessed as high residual risk.

The European Securities and Markets Authority will focus 2026 reporting reviews on geopolitical and restructuring issues under IFRS, connected and material sustainability disclosures, and digital filing errors in statements of changes in equity. Issuers should provide entity-specific disclosures and maintain consistency across financial, sustainability and alternative performance reporting. ESMA also published seven IFRS and alternative performance measure enforcement decisions.

The International Swaps and Derivatives Association urged US regulators to revise capital rules before Treasury clearing begins at the end of 2026. It said the proposed cross-product netting methodology could impose excessive capital on well-hedged Treasury cash, repo and futures portfolios, undermining cross-margining and client clearing. ISDA also called for risk-sensitive treatment of derivatives and securities financing transactions across jurisdictions.

The Financial Conduct Authority said challenges to its partially suspended motor finance compensation scheme will be heard from Feb. 16 to 26, 2027. Lenders must keep preparing for the scheme while ensuring they can return to normal complaint handling if it is quashed. Compensation calculations and payments are not required while the legal process continues.

The UK Financial Conduct Authority secured guilty pleas from two former financial advice firm employees after four clients lost GBP 2 million through fraud. Sentencing is scheduled for Dec. 10, 2026, and the FCA will seek to confiscate any financial benefit obtained by Kerry Nelson.

The Oman Financial Services Authority has warned accounting and auditing firms not to assign professional work to individuals who are not registered employees. Firms must correct noncompliant arrangements and ensure effective supervision, while proven violations may trigger legal action and other liabilities.

The Basel Committee rated Australia, Japan, Korea and Switzerland compliant with its leverage ratio framework, while Canada and the United Kingdom were assessed as largely compliant. The reports complete the first round of multi-jurisdictional leverage ratio assessments under the Regulatory Consistency Assessment Programme.