The Financial Conduct Authority has appointed Liam Coleman as permanent chair of the Financial Ombudsman Service with Treasury approval. He will begin a three year term on Oct. 10, 2026, after serving as interim chair for the past year.

The Central Bank of Morocco published two working papers on the design and macroeconomic effects of a potential digital dirham. The research explores a capped, non-interest-bearing retail CBDC distributed through a two-tier model, with offline and cross-border capabilities. Model simulations indicate a 6.6% of GDP CBDC stock could raise long-run output by 0.7% and modestly improve resilience to financial shocks.

The UK Financial Conduct Authority found material weaknesses in market abuse surveillance at seven retail brokers, including overly high reporting thresholds, poor alert calibration and limited senior oversight. It required every firm to strengthen its controls and used skilled person reviews in some cases. Reporting quality improved following remediation, while retail broker surveillance remains a supervisory priority.

The Bank of England-led Cross-Market Operational Resilience Group tested how authorities and 38 systemic banks and market infrastructure operators would respond to a global cloud services disruption. The Bank expects firms to use the findings to strengthen their resilience and response to severe operational and cyber incidents.

The European Securities and Markets Authority is seeking evidence on whether European Union central counterparties can safely use tokenised forms of otherwise eligible collateral. The review covers legal certainty, liquidity, default management, client protection, operational resilience and interoperability across digital twin, native and hybrid models. ESMA will assess the evidence in the first quarter of 2027 before deciding whether regulatory or supervisory action is needed.

The European Securities and Markets Authority has appointed Carlo Comporti as Chair from Nov. 1, 2026, following confirmation by the Council of the European Union. Comporti is a CONSOB Commissioner and serves on ESMA’s Board of Supervisors and Management Board.

The European Banking Authority found that 129 EU and European Economic Area banks would maintain capital above minimum requirements under fully loaded CRR3, with an average projected Common Equity Tier 1 ratio of 15.1%. The framework would raise Tier 1 minimum required capital by 6%, with 33 institutions bound by the output floor. Under static balance sheets, projected shortfalls would be EUR 2.2 billion in 2030 and EUR 18.5 billion in 2033.

The National Bank of Ukraine reports that it has implemented 154 measures under its foreign exchange liberalization roadmap, including 144 easing measures, and has begun selected third stage steps. Liberalization-related transactions remain a limited share of foreign exchange purchases and cross-border transfers. Further easing will depend on macroeconomic, market and financial stability conditions and will retain anti-circumvention controls.

Kazakhstan’s financial market regulator reported that consumer credit portfolio growth slowed from 14.6% in August 2025 to 7.5% in August 2026 following tighter lending restrictions. It expects creditors to resolve problem debt based on borrowers’ actual capacity and plans integrated case handling through the FinKomek platform. Fraudulent loans fell from 8,700 in 2024 to 1,900 in 2026, with banks facing further antifraud improvements and independent audits.

The ADGM Financial Services Regulatory Authority has proposed higher application and supervision fees for market infrastructure operators, a new USD 1,000 annual fee for each listed securities class and stronger late filing charges. Late filing fees would reach up to USD 3,000 per overdue filing, while new guidance would address permission variations and substantial change in control applications. The amendments are proposed to take effect on Jan. 1, 2027.

Australia's Department of the Treasury is consulting on technical corrections covering tax, corporations, superannuation, aged care and government stock laws. The drafts would broaden access to unused leave tax offsets after genuine redundancy, preserve intended GST-free residential care treatment and prevent incorrect superannuation valuations from inflating Division 296 tax. They would also simplify deceased estate transfers of government stock and make several corporations and life insurance updates.

The Full Court of the Federal Court dismissed former auditor Reginald Lance Williams’ appeal, upholding the cancellation of his registration and ordering him to pay appeal costs. The ruling confirmed his responsibility for deficiencies in the 2012 audit of the LM Managed Performance Fund and affirmed the disciplinary role of the Companies Auditors Disciplinary Board.