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Central Bank of the UAE and Monetary Authority of Singapore discuss deeper cooperation on digital payments and green finance
The Central Bank of the UAE and the Monetary Authority of Singapore discussed expanding cooperation on central bank digital currencies, cross-border settlements and QR code payments. They also considered collaboration on green finance and climate-related financial risks, building on their 2009 memorandum of understanding.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan discusses 2030 capital market reforms and digital asset regulation with IOSCO
Kazakhstan’s financial market regulator discussed its draft 2026-2030 capital market program and draft Capital Market Law with IOSCO. The reforms focus on infrastructure, transparency and investor protection, while digital and tokenized assets would be regulated consistently according to their activities and risks regardless of the technology used.
Central Bank of the Republic of Kosovo reports progress on TIPS Clone and SEPA application preparations in World Bank talks
The Central Bank of the Republic of Kosovo reported progress to the World Bank on TIPS Clone and preparations to apply to the Single Euro Payments Area. Work includes payment services rules, related anti-money laundering reforms and additional payment services planned for the next year. Cooperation also covers market conduct supervision, consumer protection and financial education.
Argentina Superintendency of Insurance emphasizes solvency safeguards for complementary health coverage
Argentina Superintendent of Insurance Guillermo Plate reviewed the framework allowing insurers to offer complementary coverage with health care services. He emphasized that new products must meet capital, reserve and other solvency requirements, with policies clearly defining benefits, limits and exclusions.
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Last update: 40 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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278 updates in the past 7 daysThe Thailand Office of Insurance Commission has begun coordinating claims under the new national catastrophe policy after floods and windstorms damaged about 227 homes and caused one death in Lamphun and Chiang Mai. The policy covers structural damage up to THB 100,000 per event and disaster-related accidental death up to THB 2 million. Claims are targeted for completion within 15 days after insurers receive complete documentation.
The Thailand Securities and Exchange Commission filed a criminal complaint against As Sure Technology and four individuals for allegedly operating the Vcex.io digital asset exchange without a license. Public access to the platform will be blocked from November 7, 2026, while the case proceeds through the criminal enforcement process.
The Office of the Comptroller of the Currency launched a tool for community banks to report suspected payments fraud involving OCC-regulated institutions directly to an agency task force. Comptroller Jonathan V. Gould also emphasized voluntary information sharing among financial institutions under Financial Crimes Enforcement Network guidance.
The National Securities and Stock Market Commission of Ukraine has agreed with Financial Innovation for Impact on technical assistance for developing and implementing digital asset regulation. Work may cover implementing rules, licensing, supervision, reporting and market monitoring, including for stablecoins and tokenized money. If Parliament adopts the pending virtual asset bill, the regulator and market would have six to nine months to prepare for launch.
The Norwegian Ministry of Finance has asked the Financial Supervisory Authority of Norway to lead a review of potential regulatory changes to facilitate variable capital fund structures.
European banking associations welcomed the creation of the European Network for Payments, which will connect payment solutions serving about 130 million users across 13 countries. The entity will establish a common framework for progressively enabling seamless cross-border payments and reducing fragmentation between national markets.
The Single Resolution Board has published its planned industry consultations, requests and deliverables for 2027. Bank-specific deliverables will move to a three-year submission cycle where no material resolvability concerns exist, while the quarterly sign-off form on MREL eligibility has been discontinued immediately.
The Central Bank of Syria and the Central Bank of the UAE signed a memorandum to expand financial, supervisory and technical cooperation across areas including payments, monetary policy, financial technology and sustainable finance.
The Arab Monetary Fund has convened its regional financial stability task force to examine AI and cybersecurity risks, external shocks and vulnerabilities in sukuk markets. The meeting also covers preparations for the 2027 Financial Stability Report and the task force’s future work plan.
The Oman Financial Services Authority reported that Dhamani has recorded over 20 million digital transactions and processed more than 92 million insurance claims valued above OMR 92 million. It is continuing to integrate pharmacies and other healthcare providers, paving the way for electronic prescriptions and faster insurance procedures.
The Hong Kong Securities and Futures Commission has finalized retail fund reforms introducing a Value-at-Risk option for derivatives and stronger liquidity and money market fund safeguards. The revised rules also streamline management company and feeder fund requirements. They take effect on Nov. 1, 2026, with a general 12-month transition period for existing authorized funds.
Oman's Ministry of Finance and the Eurasian Development Bank have agreed to open a bank office in Oman, strengthening the country's links with Central Asian and Eurasian markets. Oman and Kazakhstan also signed a memorandum of understanding to increase cooperation between their finance ministries.