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U.S. Securities and Exchange Commission investment management director outlines responsible retailization framework and urges super intelligence adoption
The U.S. Securities and Exchange Commission’s investment management director outlined a responsible retailization strategy based on regulated access to alternatives, greater transparency and incentives for asset managers. The framework builds on recent fund modernization and performance fee proposals while retaining fiduciary safeguards. The director also urged responsible adoption of super intelligence tools under existing duties of care and loyalty.
National Bank of Georgia reports rising yuan reserve share and progress in Chinese capital market investment
The National Bank of Georgia reported a gradual increase in the yuan’s share of its international reserves and continued investment in yuan denominated assets in China’s capital market. Talks with the People’s Bank of China also addressed deeper cooperation on financial markets and international payment infrastructure under the central banks’ March 2025 memorandum.
National Bank of Moldova presents MIA instant payments model built on central bank funding and universal participation
National Bank of Moldova Deputy Governor Mihnea Constantinescu presented MIA as a central bank funded instant payments model with mandatory participation by all payment service providers. The system has expanded beyond phone-based transfers to merchant, government and business payments and now has more than 1 million unique registered users.
Central Bank of Syria to begin legal action against unlicensed foreign exchange and money transfer operators on October 18
The Central Bank of Syria will begin legal action on October 18, 2026, against unlicensed foreign exchange and money transfer operators across all governorates. Cases will be referred to the courts without further warnings or grace periods, including where operators were not previously notified.
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Last update: 1h 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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277 updates in the past 7 daysThe Central Bank of the Republic of Kosovo reviewed progress with the IMF on SREP implementation, including automated supervisory assessments and new risk and early warning indicators. Next steps cover operationalizing emergency liquidity assistance, strengthening crypto-asset supervision and improving crisis management coordination. The central bank also updated the IMF on its TIPS Clone instant payments project and preparations to join SEPA.
The Jamaica Financial Services Commission has set supervisory expectations after the securities sector’s money laundering risk rose from medium to medium high, mainly because of increased threats from unlicensed investment schemes, fraud and cybercrime. Licensees and registrants should update board-approved risk assessments, strengthen due diligence and transaction monitoring, screen against public warnings and report suspected criminal property. Implementation will be reviewed through supervisory engagements.
The Croatian Financial Services Supervisory Agency reprimanded Čateks for failures involving inside information and insider lists, and ordered Generali Osiguranje to improve comprehensive motor claims handling and controls. It also approved three Inspire Investments hedge funds, authorized changes to Erste funds and revoked an earlier approval for a UniCredit Invest target maturity subfund.
In an interview published by the European Association of CCP Clearing Houses, Hellenic Capital Market Commission Chair Vassiliki Lazarakou forecast faster, more integrated and technology-driven clearing over the next decade. Distributed ledgers, tokenization and artificial intelligence could enable near-real-time processes and more predictive risk management, while increasing the need for strong governance, legal certainty and cyber resilience.
The United Nations Environment Programme Finance Initiative has compared how China and the EU integrate nature-related factors into banking regulation, corporate frameworks and environmental policy. Prudential measures remain at an earlier stage than climate regulation but are expanding across governance, risk management, supervisory review and disclosure. The brief identifies opportunities for greater coordination and comparability across jurisdictions.
The OECD has mapped government policies for securing AI compute and calls for national needs assessments to guide investment. Of the jurisdictions reviewed, 21 treat compute as a dedicated pillar of their AI strategies, while only Canada and the United Kingdom have standalone national compute strategies. The OECD says countries should tailor domestic capacity and cross-border access arrangements to their economic, security and resilience needs.
A Bank for International Settlements working paper finds that AI automation could shrink consumption’s share of output and weaken the consumer rents that support further innovation. Its calibrated demand bottleneck scenario produces a brief acceleration before growth falls below the pre-AI rate of 2%, while the most optimistic scenario reaches 5.5% after two decades. The divergent paths imply substantial uncertainty for the natural rate of interest.
The Central Bank of the Dominican Republic has published a comprehensive overhaul of financial products and services user protection rules, following the initiative’s public consultation in 2025. The framework covers customer treatment throughout the product lifecycle, transparency, financial education, privacy and data protection, market conduct supervision, and sanctions for noncompliance.
The International Financial Services Centres Authority has formed a standing expert group on credit information companies in the GIFT International Financial Services Centre. It will recommend standardized reporting and error-correction processes and address operational issues including onboarding, submission frequency and reconciliation.
The Hong Kong Securities and Futures Commission will adopt enhanced tools for IPO and post-listing intervention following its March 2025 consultation. The changes include continuing and post-listing conditions, streamlined resumption procedures and independent merits review of key decisions. Subject to the legislative process, the amended rules are expected to take effect in the first quarter of 2027.
Uzbekistan's Ministry of Economy and Finance has expanded its public interest entity register from 425 to 449 organizations by adding 24 entities. Seventeen existing registrants that no longer meet the criteria will remain listed for two years. Entities added in 2026 must begin IFRS accounting on Jan. 1, 2027, and publish IFRS financial statements with audit opinions by the end of 2028, unless an earlier deadline applies.