Central Bank of Syria Governor Safwat Raslan outlined a three-year AML/CFT strategy, organizational and regulatory reforms, and the reactivation of accounts with several foreign central banks to support Syria’s reconnection to the international financial system.

The Financial Stability Board has identified cross-border regulatory, liquidity, operational and insolvency vulnerabilities in global stablecoin arrangements. Monitoring remains limited by pseudonymous activity, weak geographic attribution and inconsistent private data sources. The FSB outlined priorities for common metrics, stronger information sharing and cooperation, and planning for stablecoin distress or failure.

The European Banking Authority has finalized prudential standards for banking CSDs and designated credit institutions providing banking-type ancillary services to other CSDs. The rules extend credit, liquidity and concentration risk controls to these arrangements and require supervisory notification, while avoiding separate reporting and permitting a single cash account in relevant cases. The draft standards will now go to the European Commission for endorsement.

The South Korea Financial Services Commission and Financial Supervisory Service introduced conditional bad debt recognition for smaller unsecured personal delinquent claims, generally requiring firms to allow the limitation period to expire rather than repeatedly extend it. The rules cover claims of up to KRW 50 million for banks and insurers and KRW 30 million for savings banks, specialized credit finance companies and other covered firms, with limited exceptions. They apply from fourth-quarter 2026 applications and include purchaser compliance duties and reviews of extended claims.

The Monetary Authority of Singapore will restrict public prospecting to designated areas at commercial premises and require qualified oversight of representatives. Representatives must disclose their marketing intent and obtain consumer consent before proceeding, while street canvassing and door-to-door prospecting remain prohibited. Updated guidelines will be issued in 2027, followed by a nine-month transition period.

The Reserve Bank of India has limited INR non-deliverable derivative contracts offered to nonresident users to hedging purposes. Authorised dealers must also hold a cash reserve equal to 20% of the notional amount for specified INR derivatives used to hedge their own currency risk, with the requirements applying to new contracts.

The Australian Securities and Investments Commission has proposed extending its CFD product intervention order for 10 years and broadening it to include CFDs settled through digital asset transfers. The amendments would clarify margin and netting rules and ASIC is also considering whether retail access to CFDs over options with losses exceeding the premium should continue.

The Union of Arab Securities Authorities signed a cooperation memorandum with the Accounting and Auditing Organization for Islamic Financial Institutions to support Arab capital markets and Islamic finance. The framework covers information exchange, training, awareness initiatives and cooperation on AAOIFI standards.

The Egypt Financial Regulatory Authority and the Ministry of Youth and Sports will support young fintech entrepreneurs through training, regulatory guidance and access to the FRA-Sandbox and potential investors. The sandbox received more than 50 applications in its first year, with nine projects gaining preliminary approval and two entering live testing.

The Central Bank of Iraq is reviewing import financing transfers due before Oct. 7, 2026, and said traders must not bear exchange rate differentials for transfers purchased and covered at the previous rate. It is also developing foreign trade cards to facilitate import financing for small traders.

The National Bank of Georgia unanimously excluded nonexecutive board member Nana Keinishvili from board work pending an investigation into possible unlawful business activity, saying virtual asset supervision was outside her portfolio. It also detailed anti-money laundering and counterterrorist financing breaches supporting a GEL 572,118,000 fine on BitExchange LLC and GEL 7,000 fines for each of two administrators. The main failings involved customer identification, transaction monitoring and reporting, regulatory data and internal systems.

The Central Bank of Syria and the Interior Ministry issued 755 warnings following inspections of unlicensed foreign exchange and money transfer activities across 10 governorates. Authorities will follow up on the violations and take legal action.