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2026-06-12•Netherlands•De Nederlandsche Bank
The Dutch Central Bank's spring forecast cuts Dutch GDP growth for 2026 to 0.8% from 1.2% projected in December, citing the war in the Middle East, weaker global trade and stagnant consumption. It raised the 2026 inflation forecast to 2.7% from 2.4%, while warning that a prolonged energy shock could push 2027 inflation to 4.6% in a severe scenario. The bank also called for lower fossil energy dependence, stronger business dynamism and prudent fiscal policy.
Monetary policyMonetary policy assessments & outlooksEconomic data and developments
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2026-06-12•Ukraine•National Bank of Ukraine
The National Bank of Ukraine has changed reserve requirement rules so that, from 10 August 2026, interbank repo funding from resident banks is excluded from the reserve base whether it is arranged directly or through a central counterparty. The exemption for central counterparty trades applies only where the underlying funds come from another resident bank, while funding sourced from non-resident-bank entities remains subject to reserve requirements.
Policy & regulationRules & requirementsLiquidity riskPrudential risks
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2026-06-12•Ukraine•National Bank of Ukraine
The National Bank of Ukraine has extended settlement deadlines from 180 to 270 days for certain exports of pipes and railway components conducted from 15 June 2026. The measure applies to goods under codes 7304, 7305, 7306 and 8607 and takes effect on 13 June 2026.
Policy & regulationRules & requirementsCross-border payments
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2026-06-12•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority has adopted nine draft by-laws for alternative investment funds and open-ended investment funds with public offering. The package covers delegation, digital operational resilience, ESAP disclosures, organizational requirements, European long-term investment funds, financial reporting changes and money market funds. A 14-day public consultation is open before the rules are finalized.
Policy & regulationRules & requirementsRegulatory reporting
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2026-06-12•Czech Republic•Czech National Bank
The Czech National Bank published commentary and updated quarterly and monthly balance of payments data for the Czech Republic. It stated that revisions triggered by data updates or methodology changes are made simultaneously across the relevant time series.
Data & statisticsBalance of payments and other external statistics
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2026-06-12•Czech Republic•Czech National Bank
Czech National Bank Governor Aleš Michl said in a Bloomberg interview that the case for a June rate hike has strengthened and that a move at the June 18 meeting is a live possibility. He cited persistent domestic inflation pressures, including wage growth, services and housing prices, and money supply growth, with core inflation still at 2.9%. Any increase would calibrate an already restrictive stance rather than mark a broader policy shift.
Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
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2026-06-12•Norway•Department of Finance (Norway)
Norway's Department of Finance has proposed amending the Securities Funds Act to let securities fund managers use revenue-sharing agreements with larger clients. The agreements would have to be individually negotiated and remain within existing legal and conduct requirements. The proposal follows a Finanstilsynet consultation carried out at the department's request.
Policy & regulationRules & requirements
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2026-06-12•Latvia•Central Bank of Latvia
In a London speech, a Central Bank of Latvia deputy governor said central banks and supervisors must treat digitalization, cyber risk, payment infrastructure and cloud dependencies as core financial stability issues. The remarks argued for a European model of trusted innovation, citing MiCA and highlighting AI governance, tokenization and wholesale central bank digital currencies as key policy areas. The speech also said geopolitical fragmentation and operational resilience are reshaping reserve management and the broader role of central banks.
Policy & regulationReform agendas & priorities
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2026-06-12•Latvia•Central Bank of Latvia
The Central Bank of Latvia has licensed SIA Fibonatix as a payment institution, allowing it to provide payment acceptance services to merchants. Latvia now has nine licensed payment institutions, and the central bank has issued 12 licences to financial market participants this year.
SupervisionAuthorisations & approvalsLicence approval
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2026-06-12•Europe•European Financial Reporting Advisory Group
The European Financial Reporting Advisory Group approved a set of governance and sustainability reporting appointments, including Simon Braaksma as vice-chair of the Sustainability Reporting Board and Brunno Maradei to the Sustainability Reporting Technical Expert Group. It also extended Benoît Jaspar's term as Administrative Board president until 31 December 2026 and confirmed Georg Lanfermann as vice-president. Other changes include new members for the Nominating Committee and Administrative Board from 1 July and 1 August 2026.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-06-12•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus has issued its first 2025 statistical report on pension funds, showing that the sector remains fragmented even after the number of funds fell by more than 30% following the Occupational Retirement Benefit Law. Defined contribution schemes make up more than 80% of funds, and about 20% of the total value of defined benefit schemes is still estimated to be underfunded. The report will be published annually.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-06-12•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus has launched its Economic Briefs series, with the first note focusing on how historic European Central Bank rate hikes reveal shifting dynamics in monetary policy transmission.
ResearchMonetary policy decisions and developments
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2026-06-12•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus released updated aggregate banking sector data as of 31 March 2026. First-quarter profit fell 23.6% year on year to EUR 202 million, total assets rose 0.4% to EUR 70.235 billion, and the CET1 ratio declined to 25.1%.
Data & statisticsActivity and performance reporting
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2026-06-12•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus has published updated aggregate nonperforming loan data for the banking sector as of March 31, 2026. The nonperforming loan ratio was unchanged at 1.6% from December 2025, while the coverage ratio rose to 62.7% from 62.3%. Restructured loans totaled EUR 0.8 billion, including EUR 0.3 billion that remained nonperforming.
Data & statisticsSupervisory data
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2026-06-12•Georgia•National Bank of Georgia
The National Bank of Georgia said its governor met the head of China's central bank in Shanghai to review bilateral financial and economic cooperation. They highlighted progress under last year's memorandum of understanding, including work on financial markets, financial services and international reserve diversification. Both sides also reaffirmed plans to continue cooperation.
Policy & regulationCooperationCross-border cooperation
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2026-06-12•Georgia•National Bank of Georgia
At a BIS and People’s Bank of China symposium in Shanghai, the National Bank of Georgia’s governor said geopolitical developments are now directly shaping inflation, capital flows, exchange rates and investment strategy. She said safety has become the top reserve management priority, with greater use of gold and broader geographic and currency diversification, including growing interest in Asian markets.
Monetary policyOtherCross-border cooperation
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2026-06-12•Sweden•Finansinspektionen
The Swedish Financial Supervisory Authority said its latest industry meetings on sustainability covered incoming European Union rules, ongoing supervisory work and nature-related risks. It highlighted summer implementation of sustainability ratings and bank sustainability risk rules, a developing bank review methodology, and new insurance sustainability risk rules expected from January 2027.
SupervisionSupervision approach, priorities & toolkitClimate risk and sustainable finance
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2026-06-12•Jersey•Jersey Financial Services Commission
The Jersey Financial Services Commission has issued a public warning on Prime Defender Group, saying it appears to be a scam and shows signs of advance fee fraud. The case involved a cold call falsely claiming an investment had risen in value and offering fund recovery for a fee. The commission urged the public to verify unsolicited approaches and report suspected cases to the authorities and their bank if payment has been made.
SupervisionAlertsFraud and scams
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2026-06-12•Guernsey•Ministry of Finance (Guernsey)
Guernsey's Ministry of Finance said the Economic & Financial Crime Bureau and Financial Intelligence Unit helped secure the forfeiture of GBP 8,590,200.92 linked to OneCoin founder Ruja Ignatova. The funds were held through Guernsey-registered property structures and were forfeited after a German order was registered and enforced in Guernsey. The money will be returned to Germany to compensate victims.
EnforcementInvestigations & enforcement actionsFraud and scamsAML and CFT
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2026-06-12•Germany•German Bundesbank
The German Bundesbank’s new Germany forecast says expansive fiscal policy will broadly offset the drag from the war in the Middle East and support a gradual recovery through 2028. It projects calendar-adjusted real GDP growth of 0.5 percent in 2026, 0.8 percent in 2027 and 1.4 percent in 2028, while HICP inflation rises to 2.9 percent in 2026 before easing to 1.9 percent in 2028. The forecast also points to higher public deficits and debt and warns that further energy price increases would worsen both inflation and growth.
ResearchEconomic data and developments
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2026-06-12•Finland•Bank of Finland
The Bank of Finland expects Finland's economy to recover gradually through 2028, with GDP growth rising from 0.7% in 2026 to 1.4% in 2028. It sees the Middle East-driven energy shock pushing inflation up to 2.4% in 2026 before easing, while unemployment falls slowly and public debt continues to increase.
ResearchEconomic data and developments
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2026-06-12•Bulgaria•Bulgaria Financial Supervision Commission
The Bulgaria Financial Supervision Commission has withdrawn the licence of ZAD DallBogg: Life and Health JSC after finding a Solvency II minimum capital breach and rejecting its solvency recovery plan as manifestly inadequate. The decision also cites repeated supervisory breaches, including failures in claims handling, compensation payments and complaints management across several EU markets. The insurer can no longer write new business, and compulsory Motor Third Party Liability claims are backed by the Bulgarian Guarantee Fund if it cannot pay.
EnforcementSanctions & designationsCapital adequacy
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2026-06-12•Austria•Austrian National Bank (OeNB)
The Austrian National Bank's June 2026 forecast for Austria sees GDP growth at 0.6 percent in 2026, rising to 1.1 percent in 2027 and 1.2 percent in 2028, while HVPI inflation is projected at 3.2 percent in 2026 before easing to 2.1 percent by 2028. It links the weaker outlook to the war in the Near and Middle East, higher energy prices and supply chain strains. The budget deficit is still expected to remain near 4 percent of GDP by 2028 despite planned consolidation measures.
Monetary policyMonetary policy assessments & outlooksEconomic data and developments
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2026-06-12•Belgium•National Bank of Belgium
The National Bank of Belgium expects the war in Iran to cause a temporary shock that pushes 2026 inflation up to 3.4 percent and slows GDP growth to 0.6 percent. Inflation is projected to return to 2 percent by 2028, while growth recovers to 1.3 percent. Public finances are set to weaken further, with the budget deficit reaching 5.7 percent of GDP and debt 114.8 percent by 2028.
Monetary policyMonetary policy assessments & outlooksEconomic data and developments
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2026-06-12•Austria•Austria Financial Market Authority
The Austrian Financial Market Authority is now publishing its warning notices on Watchlist Internet in addition to its own website. The alerts cover unauthorized financial services and suspicious or fraudulent investment offers, with 35 warnings issued so far this year.
SupervisionAlertsFraud and scamsUnlicensed or unauthorized activity
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2026-06-12•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority said the banker’s oath will apply to about 30,000 bankers from 15 July 2026. The regime requires bankers to act with integrity and professionalism and to treat clients honestly and fairly.
Policy & regulationGuidance & interpretationFiduciary duty
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2026-06-12•Switzerland•Federal Department of Finance (Switzerland)
Switzerland's Federal Council has set 1 October 2026 as the start date for the revised Anti-Money Laundering Act and a new beneficial ownership transparency law. The measures create a beneficial ownership register for legal entities and add due diligence requirements for certain high-risk advisory activities. Related ordinances will also take effect then, except for provisions on state notaries, which have been postponed.
Policy & regulationRules & requirementsAML and CFTBeneficial ownership
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2026-06-12•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway has amended the securities regulation to bring Commission Regulation (EU) 2026/283 into Norwegian law. The change updates the electronic reporting format for listed issuers' annual reports and applies to financial years beginning on or after 1 January 2026. Earlier application is allowed.
Policy & regulationRules & requirementsRegulatory reporting
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2026-06-12•Albania•Bank of Albania
Presenting its 2025 annual report to Parliament, the Bank of Albania said the economy grew 3.8%, inflation averaged 2.2% and the policy rate was cut to 2.5% as the central bank eased monetary policy. It also reported a strong banking sector, new mortgage risk caps, and further progress on EU regulatory alignment and payments modernisation, including SEPA operations from October 2025. The bank said it will keep monitoring 2026 inflation risks linked to higher oil prices.
Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developmentsFinancial stability and systemic risk
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2026-06-12•Moldova•Ministry of Finance (Moldova)
The Moldova Ministry of Finance said the government has approved a draft law on payment account fee comparison, account switching and access to basic payment accounts. The proposal would introduce a public fee comparison platform, set rules for switching providers and guarantee individuals access to a basic payment account with transfers, receipts and cash deposits.
Policy & regulationRules & requirementsConsumer and investor protectionPayments and payment systems
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2026-06-12•Liechtenstein•Liechtenstein Financial Market Authority
Following a written waiver by Ci Fund Services AG, the Liechtenstein Financial Market Authority determined that the firm's UCITS management company and AIF manager authorizations expired on June 9, 2026, ending its authority to conduct the relevant regulated activities.
SupervisionAuthorisations & approvalsLicence withdrawal
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2026-06-12•Global•International Financial Reporting Standards Foundation
The International Financial Reporting Standards Foundation said the search for the next IASB chair is in its final stages and is expected to conclude with a new chair in place by 1 October 2026. Andreas Barckow’s term ends on 30 June 2026, and IASB Vice-Chair Linda Mezon-Hutter will serve as acting chair during the transition.
Institutional developmentLeadership change & appointmentsLeadership change and appointments
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2026-06-12•Europe•European Central Bank
The European Central Bank's TARGET Services Annual Report 2025 shows growth across all major services, led by an 82.5% rise in TIPS instant payment volumes. The report also highlights the launch of the Eurosystem Collateral Management System and notes two significant T2 disruptions that prompted a remediation plan. Next steps include longer T2 hours, additional currencies and links to fast payment infrastructures in other regions.
Data & statisticsPayments and payment systems
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2026-06-12•Europe•European Central Bank
The European Central Bank’s TARGET Services Annual Report 2025 shows record activity across T2, T2S and TIPS, alongside the launch of ECMS and the addition of the Danish krone to T2 and TIPS. TIPS volumes rose 82.5%, T2S volumes rose 16.1% and T2 volumes rose 3.6%, while service availability remained high despite a major February outage. The ECB also set out a phased plan to extend T2 operating hours, with June 2026 measures focused on instant payment liquidity management.
Data & statisticsMarket infrastructure
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2026-06-12•Albania•Bank of Albania
Presenting its 2025 Annual Report to Parliament, the Bank of Albania said the economy grew 3.8 percent, inflation averaged 2.2 percent and the policy rate was cut to 2.5 percent, while SEPA transactions began in October 2025. It also reported strong bank capital and liquidity, a nonperforming loan ratio of 3.8 percent, and continued work on EU regulatory alignment and real-time payments infrastructure.
Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
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2026-06-12•Middle East•Union of Arab Securities Authorities
The Union of Arab Securities Authorities has issued guidelines on managing risks in Arab financial markets as part of its 2021–2025 Strategic Plan. The document covers risk identification, measurement, governance and mitigation across major risk types, and also addresses reporting, training and the use of technologies such as artificial intelligence, big data analytics and blockchain. It is intended as a practical reference for regulators and market institutions in the region.
Policy & regulationGuidance & interpretationRisk managementFinancial stability and systemic risk
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2026-06-12•Middle East•Union of Arab Securities Authorities
The Union of Arab Securities Authorities has issued guidelines on cross-border financial activities and capital flows to support greater integration of Arab capital markets. The guidance covers regulatory frameworks, licensing, disclosure, compliance, dispute resolution and regulatory information-sharing, alongside fintech, AML and CFT, investor protection, governance and market integration metrics.
Policy & regulationGuidance & interpretationCross-border paymentsMarket development
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2026-06-12•Cyprus•Cyprus Securities and Exchange Commission
The Cyprus Securities and Exchange Commission warned that j2t.tech is not linked to an authorized investment services entity. Investors were urged to verify firms’ licensing status on CySEC’s website before conducting business.
SupervisionAlertsLicence approval
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2026-06-12•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority is consulting on targeted DEPP changes that would update individual penalty guidance, align it with recent tribunal decisions and extend the market abuse framework to cryptoassets. The proposals would raise the minimum initial disciplinary penalty for serious individual market abuse to GBP 150,000 and increase serious financial hardship thresholds to GBP 21,000 for income and GBP 24,000 for capital, with both adjusted every two years using CPIH. The package also clarifies deterrence adjustments based on income or net assets and changes settlement decision-making for Market Oversight referrals.
Policy & regulationRules & requirementsMarket abuse
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2026-06-12•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority found that large insurers' financial crime controls are mostly effective, but said firms should strengthen risk assessments, client due diligence and transaction monitoring. Life insurers generally performed better than retail and wholesale firms, while cross-sector weaknesses included overly generic policies, unclear accountability and limited risk-based oversight of outsourced activities. The FCA will give feedback to participating firms and expects the wider market to review and improve its own controls.
SupervisionReviews, inspections & stress testsAML and CFTSupervision process and methodologies
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2026-06-12•Ireland•Central Bank of Ireland
In a blog post, Central Bank of Ireland Governor Gabriel Makhlouf said he supported the ECB’s 0.25 percentage point rate increase to 2.25 percent because energy-led inflation pressures have strengthened again. He said this does not imply a predetermined tightening cycle and that future moves will depend on incoming data. He also said the 12.1 percent fall in Irish first-quarter GDP was driven by multinational and pharmaceutical distortions and does not materially change the policy reading of Irish or euro area conditions.
Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
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2026-06-12•Taiwan•Central Bank of Taiwan
The Central Bank of Taiwan approved five foreign exchange business applications, including foreign currency denominated negotiable certificates of deposit, principal-protected structured products and wealth management involving foreign exchange. It also authorized one additional bank branch to operate foreign exchange business, bringing the total number of authorized banks to 3,450 at the end of May 2026.
SupervisionAuthorisations & approvalsLicence approval
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2026-06-12•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority’s end-May 2026 analytical accounts showed Exchange Fund foreign assets rose by HKD 26.8 billion to HKD 3,681.8 billion. The Monetary Base was HKD 2,072.2 billion, with claims on Hong Kong’s private sector at HKD 418.3 billion and foreign liabilities at HKD 106.4 billion.
Data & statisticsMonetary data
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2026-06-12•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has added the Bahraini dinar, Vietnamese dong and Thai baht to the currencies for which it determines official weekly exchange rates against the Kyrgyz som.
Policy & regulationRules & requirementsCurrency and cash management
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2026-06-12•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has launched a consultation on amendments to the rules governing credit bureaus. The changes are intended to align the framework with the April 29, 2026 legal amendments on the retention periods for credit information. Comments are due by June 29, 2026.
Policy & regulationRules & requirementsCredit ratings
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2026-06-12•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has launched a public consultation on draft amendments to the rules governing money transfers through money transfer systems in the Kyrgyz Republic, with comments due by June 29, 2026.
Policy & regulationRules & requirementsPayments and payment systems
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2026-06-12•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic adopted a resolution on refinancing loans extended to business entities in the garment industry as a support measure for the sector.
Monetary policyMonetary policy instruments & operationsLending
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2026-06-12•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission has issued a tender notice for 2026 maintenance of its internal accounting software. The work includes server and database maintenance, software module support, and security and bug-fix updates. The tender is an open domestic online process, with bids due at 9:00 a.m. on June 24, 2026 and bid security of VND 6,000,000.
Institutional developmentProcurement
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2026-06-12•United Arab Emirates•Dubai Virtual Assets Regulatory Authority
The Dubai Virtual Assets Regulatory Authority has issued good practice guidance on AML/CFT business risk assessments for licensed VASPs, based on findings from its 2026 thematic review. The guidance sets expectations for board oversight, documented and data-driven risk methodologies, separate proliferation financing assessment, and clear links between BRA outcomes and day-to-day AML/CFT controls. It also reinforces the requirement to review BRAs at least every three months and update them when material changes occur.
Policy & regulationGuidance & interpretationAML and CFT
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2026-06-12•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission said the Federal Court imposed record penalties of AUD 300.2 million on Union Standard, EuropeFX and TradeFred for systemic unconscionable conduct and other breaches tied to CFD sales between 2018 and 2020. The decision holds Union Standard liable as the AFS licensee for misconduct by its authorised representatives and adds a permanent restraint, adverse publicity order and customer refund order against EuropeFX. The orders are stayed until 13 July 2026.
EnforcementInvestigations & enforcement actions
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2026-06-12•Australia•Australian Securities & Investments Commission
ASIC has disqualified Shashikumari Agrawal from managing corporations until 9 June 2031 over her role in the failure of eight Mansa Group companies. The regulator said the companies owe at least AUD 76,866,569.71 to at least 272 unsecured creditors and found that she disregarded the law and proper corporate management.
EnforcementSanctions & designationsCorporate governance
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2026-06-12•Kosovo•Central Bank of the Republic of Kosovo
The Central Bank of the Republic of Kosovo said its visit to the Croatian National Bank focused on strengthening its recovery and resolution function. Technical talks covered the EU and Croatian resolution framework, including planning, testing, critical functions and MREL. The two central banks agreed to expand cooperation in this area.
Policy & regulationCooperationRecovery and resolution
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2026-06-12•United States•Financial Crimes Enforcement Network
The Financial Crimes Enforcement Network updated guidance on Section 314(b) of the USA PATRIOT Act to clarify how financial institutions may share information about suspected fraud.
Policy & regulationGuidance & interpretationFraud and scams
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2026-06-12•Türkiye•Capital Markets Board of Türkiye
The Capital Markets Board of Türkiye warned that fraudsters have been impersonating its officials, staff and their relatives to request money, donations or other payments. It said the board and its personnel do not make such requests through phone, text, email, social media or other channels, and noted that affected persons may pursue criminal and legal remedies.
SupervisionAlertsFraud and scams
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2026-06-12•Germany•BaFin
BaFin is consulting on proposed amendments to KAMaRisk, with comments due by July 1, 2026.
Policy & regulationRules & requirementsRegulatory reporting
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2026-06-12•Europe•European Central Bank
The European Central Bank updated its annual structural financial indicators for the EU banking sector to end-2025. The data show a 2.62% decline in bank offices and a 0.80% fall in employees across the EU. Banking sector concentration remained highly uneven, with the five largest institutions' asset share ranging from 34.37% to 95.2% across Member States.
Data & statisticsFinancial and market indicatorsSupervisory data
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2026-06-12•Europe•European Central Bank
The European Central Bank has published an AMI-SeCo report proposing a new Investor Rights Regulation and a Single Rulebook for Corporate Events as input to the review of the Shareholder Rights Directive. The report would extend investor rights beyond shareholders, require issuers to provide ISO 20022 corporate event data through issuer central securities depositories, and harmonise key dates, meetings and transaction management. It also proposes broad changes to investor identification, including wider scope, fewer routing and threshold options, stronger data standards and stronger enforcement.
Policy & regulationRules & requirementsCorporate governance
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2026-06-12•Estonia•Central Bank of Estonia
The Central Bank of Estonia published its flash estimate of the balance of payments for April 2026. It said the monthly estimate is based on a narrower data set than the quarterly release and is revised when quarterly figures are published. The second quarter 2026 balance of payments will be released on 8 September 2026.
Data & statisticsBalance of payments and other external statistics
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2026-06-12•Namibia•Bank of Namibia
The Bank of Namibia said its Instant Payments Solution has completed pilot testing and is ready for phased implementation. Live transactions with Bank Windhoek, Nampost and Letshego Bank Namibia confirmed operational readiness. The first rollout phase will cover Government-to-Person social grant payments, with other use cases to follow.
Policy & regulationImplementation, projects & pilotsPayments and payment systems
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2026-06-12•Tajikistan•National Bank of the Republic of Tajikistan
The National Bank of the Republic of Tajikistan held joint training to prepare public authorities and private sector participants for the country’s third EAG mutual evaluation on anti-money laundering and terrorist financing. The review starts on 3 August 2026 and will require Tajikistan to submit technical compliance and effectiveness information. Training covered risk assessment, supervision, financial intelligence, investigations, asset recovery and simulated assessor interviews.
Policy & regulationImplementation, projects & pilotsAML and CFT
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2026-06-12•Indonesia•OJK
The Indonesia Financial Services Authority and the International Labour Organization launched an ERP-based programme in East Java to improve dairy farmers' access to formal finance. The system captures cooperative data in real time and is linked to Alternative Credit Rating services to support more accurate credit profiling. It has been implemented at three dairy cooperatives covering more than 10,000 members, with OJK seeking broader rollout across the province.
Policy & regulationImplementation, projects & pilotsFinancial inclusion
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2026-06-12•South Korea•South Korea Financial Supervisory Service
The South Korea Financial Supervisory Service published preliminary Q1 2026 results showing securities companies' net income rose 77.1% year on year to KRW4.3271 trillion, driven mainly by a sharp increase in commission income, especially brokerage. Proprietary trading income also increased, and the sector's average net capital ratio improved to 999.5%. The three futures trading companies posted net income of KRW32.65 billion, up 59.0%, with their net capital ratio rising to 1,650.7%.
Data & statisticsFinancial and market indicatorsActivity and performance reporting
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2026-06-12•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission is consulting on revised annual fees for securities and derivatives business operators. The proposals include higher fees for investment advisory firms, a THB 50,000 minimum fee for derivatives dealers, and revised calculation methods and maximum rates to better reflect transaction volumes, supervisory costs and inflation. The consultation closes on 12 July 2026.
Policy & regulationRules & requirementsRegulatory burden
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2026-06-12•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission has published on its website Dr Kelvin Wong’s Chinese-language keynote speech from Caixin Summer Summit 2026.
Policy & regulationOther
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2026-06-12•United Arab Emirates•Central Bank of the UAE
The Central Bank of the UAE has signed an agreement with the World Bank Group to expand cooperation on financial inclusion, financial literacy, consumer protection and financial dispute resolution. The work will cover inclusion initiatives, digital fraud prevention principles and stronger banking and insurance dispute resolution mechanisms. The partnership also sits alongside preparations for the Regional Summit on Financial Health and Inclusion in Abu Dhabi in September 2026.
Policy & regulationCooperationFinancial inclusionFinancial literacy and educationConsumer and investor protection
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2026-06-12•Zambia•Bank of Zambia
The Bank of Zambia warned that rising non-performing loans among public workers reflect growing risks in payroll-based and off-payroll lending, including breaches of debt-service-ratio and affordability limits. It ordered regulated lenders to strengthen responsible lending and mandatory use of Credit Reference Bureau data, while payroll administrators were told to tighten controls and recovery processes. The central bank said it will continue monitoring compliance and take necessary enforcement measures.
SupervisionInterventionsCredit riskPrudential risks
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2026-06-12•Rwanda•Rwanda Capital Markets Authority
The Rwanda Capital Markets Authority and partner institutions used the 2026 Capital Markets Youth Forum to promote saving and investing by young people through capital market products. The campaign reached more than 6,000 students nationwide and drew more than 1,100 contestants to its university challenge. Five winners received prizes in shares, bonds and collective investment schemes.
Financial literacy & educationFinancial literacy and education
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2026-06-12•Rwanda•Rwanda Capital Markets Authority
The Rwanda Capital Markets Authority said proposed Islamic Capital Market Products Listing and Trading Rules would help open Rwanda’s capital market to Sharia-compliant and sustainable instruments. At a validation workshop, the authority linked the framework to broader investor participation, more diversified products and longer-term financing, including through sukuk.
Policy & regulationRules & requirements
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2026-06-12•Morocco•Moroccan Capital Markets Authority
The Moroccan Capital Markets Authority approved the prospectus for Crédit du Maroc’s capital increase of up to MAD 699,077,330. The offer covers up to 745,285 new shares, with subscriptions open from June 26 to July 16, 2026. The release lists issue prices of MAD 938 per share and MAD 100 per share.
SupervisionAuthorisations & approvalsSecurities offerings and listings
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2026-06-12•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
Kazakhstan’s Agency for Regulation and Development of the Financial Market published the results of its first supervisory assessment of model risk management at second-tier banks. It found the frameworks are still being built and need stronger governance, independent control and validation. The report also sets supervisory expectations for traditional, machine learning and artificial intelligence based models.
SupervisionReviews, inspections & stress testsSupervision process and methodologiesStress testing
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2026-06-12•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission is consulting on amendments to DR, ETF and margin lending rules. The proposals would tighten DR backing and transparency requirements, allow Thai ETFs to use foreign leveraged and inverse ETFs only for portfolio management, and add risk management guidelines for margin lending on those products. The consultation closes on 13 July 2026.
Policy & regulationRules & requirementsSecurities offerings and listings
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2026-06-12•Colombia•Superintendencia Financiera de Colombia
The Financial Superintendence of Colombia has launched its second half 2026 intake for internships and legal clerkships across supervisory, legal and support functions. The positions carry a monthly subsidy of COP 1,575,814, equivalent to 90% of the current minimum wage. Applications are open from June 9 to June 16.
Institutional developmentWorkforce & recruitmentHiring and recruitment
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2026-06-12•United Kingdom•Bank of England
The Bank of England has updated its governance supervisory statement for recognised payment system operators and amended its payment systems code with effect from 12 June 2026. The key change is that parts of the code will be disapplied for non-UK operators or specified service providers through a direction under section 191 of the Banking Act 2009, rather than by notification, after a case-by-case assessment. The wider governance framework remains focused on systemic risk management and board oversight.
Policy & regulationRules & requirementsMarket infrastructure
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2026-06-12•Australia•Australian Prudential Regulation Authority
The Australian Prudential Regulation Authority will implement its final reporting template for life companies using the Advanced Illiquidity Premium under the longevity product capital changes. No submissions were received on the draft, so the template will take effect unchanged. Life companies planning to use the Advanced Illiquidity Premium from 1 July 2026 should contact their APRA supervisor in advance.
SupervisionRegulatory reportingCapital adequacy
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2026-06-12•Poland•Ministry of Finance (Poland)
Poland's Ministry of Finance said reported amendments to the cryptoasset market bill linked in media coverage to the Polish Bank Association and consultation with Zondacrypto were not included in the final government-approved text.
Policy & regulationGuidance & interpretationFintech and insurtechRegulatory burden
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2026-06-12•North Macedonia•Ministry of Finance (North Macedonia)
North Macedonia's Ministry of Finance said it is preparing amendments to the Law on Financial Companies to tighten supervision after inspections found irregularities and weaknesses in the current framework. The changes would mandate internal governance bodies, require prior approval for new business premises, raise share capital requirements, and require loan disbursements to be made only through bank accounts.
Policy & regulationRules & requirements
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2026-06-12•Isle of Man•Isle of Man Financial Services Authority
The Isle of Man Financial Services Authority issued a public notice that MUFG Corporate Markets(Isle of Man) Ltd surrendered its licence with effect from 2 June 2026.
SupervisionAuthorisations & approvalsLicence withdrawal
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2026-06-12•Honduras•Central Bank of Honduras
The Central Bank of Honduras said private sector credit grew 6.3 percent year over year as of June 4, 2026, accelerating from January as lending rates fell and liquidity remained available. The outstanding balance reached HNL 705,244.4 million, with companies driving most of the increase. Local currency lending remained dominant at 77.5 percent of total credit.
Data & statisticsMonetary data
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2026-06-12•Honduras•Central Bank of Honduras
The Central Bank of Honduras reported that net international reserves rose by USD1,066.5 million between January 27 and June 11, 2026 under its 2026-2027 Monetary Program. Reserve coverage of imports of goods and services increased from 6.0 to 6.6 months. Net international reserves reached USD11,372.3 million at June 11.
Data & statisticsBalance of payments and other external statistics
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2026-06-12•Italy•Bank of Italy
The Bank of Italy has released eight new Occasional Papers, numbered 1017 to 1024.
ResearchOther
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2026-06-12•Greece•Ministry of National Economy and Finance (Greece)
Greece published Kyriakos Pierrakakis’ ECOFIN intervention backing the European Commission’s Market Integration and Supervision Package and calling it the most coherent route to the Savings and Investments Union. Greece argued that deeper EU capital market integration requires stronger ESMA powers, including robust criteria if direct ESMA supervision of crypto-asset service providers is limited to the largest firms. It also called for completion of the Capital Markets Union before year-end under the Irish Presidency.
Policy & regulationReform agendas & prioritiesOther
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2026-06-12•Laos•Bank of the Lao
The Bank of the Lao said its Party Committee held a June 11 to 12 conference to align banking-sector work with the Lao People's Revolutionary Party's 12th Congress resolution and the 2026 to 2030 national socioeconomic development plan. More than 200 participants reviewed key Party documents and split into seven groups to develop sector-specific implementation plans. The event also included commemorative medal awards for 1,131 banking sector staff and retirees.
Institutional developmentCooperation & capacity buildingOther
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2026-06-12•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
Kazakhstan’s Agency for Regulation and Development of the Financial Market has opened consultation on draft rules for financial product governance across banks, insurers, microfinance firms and securities brokers. The proposal would require firms to define target markets, assess consumer risks, monitor products through their life cycle and meet stricter advertising standards. Products would not need prior Agency approval, but certain products would have to be notified within 10 working days after approval, amendment or withdrawal.
Policy & regulationRules & requirementsOther
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2026-06-12•Global•International Monetary Fund
The International Monetary Fund completed the eleventh review of Guinea-Bissau’s Extended Credit Facility arrangement, unlocking SDR 1.18 million, about USD 1.7 million, and bringing total disbursements to SDR 38.59 million. All end-March 2026 performance criteria, indicative targets and continuous structural benchmarks were met, while the Board also approved modifications to tax revenue and domestic primary balance targets. The IMF expects growth to slow in 2026 and called for continued fiscal discipline and structural reforms.
Policy & regulationImplementation, projects & pilotsBalance of payments and other external statistics
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2026-06-11•Serbia•National Bank of Serbia
The National Bank of Serbia has kept Serbia's countercyclical capital buffer rate at 0.5 percent. The quarterly calibration is based on the credit-to-GDP gap, which stood at 4.6 percentage points in March 2026, with total credit equal to 79.6 percent of GDP.
Policy & regulationRules & requirementsCapital adequacyFinancial stability and systemic risk
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2026-06-11•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission has filed a criminal complaint against Mr. Yim Leak over the failure to file a Form 246-2 after a fund linked to him crossed the 5 percent voting-rights threshold in VGI Public Company Limited. The SEC said he was required to report the 3 December 2024 acquisition by 9 December 2024 as the fund’s ultimate beneficial owner. The matter now proceeds to criminal investigation, prosecution and court adjudication.
EnforcementInvestigations & enforcement actionsBeneficial ownership
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2026-06-11•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission clarified that BlockShoals’ 90-day sandbox period is limited to technical integration with a licensed virtual asset service provider. It does not authorize public onboarding or trading, which would require further SEC approval.
Policy & regulationGuidance & interpretationRegulatory sandboxBlockchain and distributed ledger technologyPayments and payment systems
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2026-06-11•Canada•Bank of Canada
The Bank of Canada and other G7 central banks published their first joint report on quantum technologies and the financial system. The non-prescriptive paper sets out a shared framework for assessing risks to cryptography and data security, alongside potential longer-term uses in areas such as risk modelling and forecasting. It emphasizes coordination and preparedness given uncertainty over the timing and impact of quantum advances.
Policy & regulationGuidance & interpretationQuantum computing
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2026-06-11•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission has proposed rescinding Regulation NMS Rule 611 and Rule 610(e), which impose the trade-through prohibition and restrictions on locking and crossing quotations in NMS stocks. The proposal also removes related defined terms and makes conforming changes. Comments are due 60 days after Federal Register publication.
Policy & regulationRules & requirementsTrading
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2026-06-11•United States•The White House
The White House announced the launch of First Lady Melania Trump's Fostering the Future Accounts, a savings and investment vehicle for children and youth in foster care that can be accessed at age 18. Treasury, HHS, and OMB issued guidance allowing state, territorial, and tribal child welfare agencies to open the accounts, with Treasury recognizing child welfare agencies or their designees as eligible initial account openers. Twenty-three governors have pledged to participate.
Policy & regulationGuidance & interpretationFinancial inclusion
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2026-06-11•Greece•Bank of Greece
The Bank of Greece’s provisional 2025 commercial property indices show continued growth in office and retail prices, but slower gains in retail prices and weak office rent growth. Prime office prices rose 5.1% and office rents 0.8%, while prime retail prices rose 4.8% and retail rents 3.6%. Second-half 2025 data showed stronger half-year increases, with Athens outperforming other regions.
Data & statisticsFinancial and market indicators
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2026-06-11•Serbia•National Bank of Serbia
The National Bank of Serbia kept its key policy rate at 5.75% on 11 June 2026, with the deposit and lending facility rates unchanged at 4.5% and 7.0%, citing actual and expected inflation and risks from the international environment. It said April inflation rose to 3.3% year on year mainly on higher oil and petroleum prices and is expected to stay within the 3±1.5% target tolerance band until September before temporarily exceeding it around end-2026 and early 2027, while the Middle East conflict, the closure of the Strait of Hormuz for most ships and higher oil prices have increased uncertainty.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-06-11•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs published an executive summary saying Sen. Elizabeth Warren secured bipartisan Fiscal Year 2027 defense bill provisions in the Senate Armed Services Committee on military housing, service member consumer protection and defense contractor transparency. The measures would ban nondisclosure agreements in privatized military housing, strengthen complaint and anti-retaliation protections, require a Department of Defense report on financial literacy and direct deposit processes, and tighten beneficial ownership and AI-related procurement rules for defense contractors.
Policy & regulationRules & requirementsConsumer and investor protectionCorporate governance
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2026-06-11•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on AI's implications for the economy, financial services, consumers and U.S. competition with China. In opening remarks, Chairman Tim Scott urged a measured approach that addresses major risks without impeding lending, credit access or startup growth. He also pointed to AI's potential to cut costs, speed services, improve fraud detection and reshape work, with worker training and export controls part of the policy debate.
Policy & regulationReform agendas & prioritiesArtificial intelligence
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2026-06-11•United States•U.S. Department of the Treasury
The U.S. Department of the Treasury unveiled an initiative to expand financial education and access to Trump Accounts for eligible youth in foster care. State, territorial and tribal child welfare agencies that are legal guardians of eligible children may open initial accounts, and states may deposit federal survivor benefits subject to the USD 5,000 annual contribution limit. The Internal Revenue Service Office of Governmental Liaison will provide guidance to states on implementation.
Policy & regulationImplementation, projects & pilotsFinancial literacy and education
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2026-06-11•Türkiye•Central Bank of Türkiye
The Central Bank of the Republic of Türkiye kept its one-week repo auction rate at 37% on June 11, with the overnight lending and borrowing rates unchanged at 40% and 35.5%, citing a slight easing in the underlying inflation trend in May and continued weakness in domestic demand. The Monetary Policy Committee said the tight monetary stance will remain until price stability is achieved, with decisions taken meeting by meeting and policy to be tightened if the inflation outlook deteriorates significantly and persistently.
Monetary policyPolicy rate decisionsMonetary policy decisions and developments
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2026-06-11•United States•U.S. Financial Services Committee
The U.S. Financial Services Committee's Housing and Insurance Subcommittee reviewed HUD's Community Development Block Grant Disaster Recovery program, with members and witnesses highlighting slow funding, inconsistent disaster-by-disaster rules and oversight weaknesses. Evidence cited included more than USD 100 billion appropriated over three decades, GAO findings on delays and fraud risk, and HUD Inspector General findings of over USD 690 million in inadequately documented spending. Reform ideas ranged from a redesigned permanent HUD program to shifting disaster recovery functions to FEMA.
Policy & regulationReform agendas & prioritiesOther
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2026-06-11•Canada•Canadian Securities Administrators
The Canadian Securities Administrators have issued final amendments to the mutual fund principal distributor model. Dealers may act as principal distributors only within the same mutual fund family, while remaining able to distribute for multiple families as participating dealers. The changes also require disclosure of principal distributor arrangements and related compensation in key investor documents.
Policy & regulationRules & requirementsSales and distribution
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2026-06-11•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario has settled with Specialty Life Inc. and Insurance Supermarket Inc., imposing licence conditions and requiring Specialty Life to pay CAD 800,000 in administrative penalties. Specialty Life admitted it accepted and passed on false and misleading information in thousands of policies. It must now retain an independent monitor to assess its compliance controls and report to FSRA.
EnforcementInvestigations & enforcement actionsComplianceCorporate governance
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2026-06-11•Canada•Financial Services Regulatory Authority of Ontario
In a newsletter to mortgage professionals, the Financial Services Regulatory Authority of Ontario reiterated that dealings in promissory notes, transactions outside a licensed brokerage and weak oversight of outside business activities can trigger action under the Mortgage Brokerages, Lenders and Administrators Act and, where securities issues arise, by the Ontario Securities Commission. It also restated expectations for private mortgages on suitability, exit strategies, source-of-funds checks and fee disclosure, and said a redesigned Annual Information Return is planned for 2027.
Policy & regulationGuidance & interpretationConsumer and investor protection