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  • 2026-06-03ColombiaSuperintendencia Financiera de Colombia

    Financial Superintendence of Colombia prepares third comment round on conduct risk management system for fair treatment of consumers

    The Financial Superintendence of Colombia told financial consumer ombudsmen it is preparing a third round of comments on its draft circular for a new Conduct Risk Management System, designed to strengthen how firms identify and manage risks to the fair treatment of financial consumers. Officials also underscored the ombudsmen’s independent role in consumer protection and flagged challenges linked to Decree 0368 of 2026 on open finance, data, and demographic shifts in financial service delivery.

    Policy & regulationRules & requirementsOther
  • 2026-06-03BermudaBermuda Monetary Authority

    Bermuda Monetary Authority launches consultation on banking law overhaul with BMD 10 million civil penalty cap and operational resilience notifications

    The Bermuda Monetary Authority has issued a consultation paper and draft bill proposing wide-ranging amendments to the Banks and Deposit Companies Act 1999, including making prudential and technical standards and statutory returns enforceable through rules and introducing fixed late fees for overdue returns and audited financial statements. The proposals would raise the maximum civil penalty for breaches from BMD 500,000 to BMD 10 million, introduce new notification and no-objection requirements for material business changes and outsourcing, and expand the BMA’s powers to impose licence conditions and petition to wind up firms that have surrendered licences. The BMA plans to issue supporting statutory return rules in 2026, and the draft bill would repeal the Banks and Deposit Companies Fees Act 1975 when the Operational Resilience and Outsourcing Code takes effect on 1 January 2027.

    Policy & regulationRules & requirementsSupervision process and methodologies
  • 2026-06-03PeruSuperintendencia de Banca, Seguros y AFP del Peru

    Peru's Superintendency of Banking, Insurance and Private Pension Fund Administrators dissolves COOPAC Rural Abancay and confirms deposit insurance coverage up to PEN 5000

    Peru's Superintendency of Banking, Insurance and Private Pension Fund Administrators has confirmed that deposits of members of the dissolved Level 1 savings and credit cooperative COOPAC Rural Abancay are protected by the Cooperative Deposit Insurance Fund up to PEN 5,000 per depositor. Coverage is provided under Law No. 30822 and Superintendency Resolution No. 5061-2008, as amended, with details on payout dates and the SBS-supervised paying entity to be announced and published online.

    SupervisionInterventionsConsumer and investor protection
  • 2026-06-03PeruSuperintendencia de Banca, Seguros y AFP del Peru

    Peru's Superintendence of Banking, Insurance and Private Pension Fund Administrators reports stronger lending and says the financial system stays above capital minima under stress

    The Superintendence of Banking, Insurance and Private Pension Fund Administrators of Peru reports stronger consumer, mortgage and small-business lending, lower household debt burdens and improved loan quality, with system-wide credit up 5.9% and deposits up 10.5%. Stress tests show the average capital ratio would remain above the 10% legal minimum and the 12‑month cumulative liquidity gap positive even under severe adverse scenarios, indicating the financial system would stay solvent and liquid.

    SupervisionRisk monitoring & watch pointsCredit riskAsset quality
  • 2026-06-03BermudaMinistry of Finance (Bermuda)

    Bermuda Ministry of Finance publishes conference remarks stressing captive insurance innovation alongside regulatory standards

    The Bermuda Ministry of Finance published remarks by the Minister of Economy and Labour reaffirming that growth in Bermuda’s captive insurance market should align innovation with internationally recognised regulatory standards. He highlighted captives as a growing risk management tool for economic volatility, cyber threats, climate-related risks and geopolitical pressures, and attributed Bermuda’s leading position as a captive domicile to its regulatory framework, market infrastructure and professional services.

    Policy & regulationGuidance & interpretationMarket development
  • 2026-06-03KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo convenes regional central banks and IMF on crypto asset oversight and harmonised digital finance regulation

    The Central Bank of the Republic of Kosovo reported on a high-level session of its Regional Conference on Crypto-assets and Digital Money, where the International Monetary Fund and regional central banks discussed policy and regulatory frameworks for crypto-assets, digital money and financial innovation. Participants highlighted impacts on financial stability, payments, supervision and market integrity, and called for clear, proportionate, harmonised, risk-based frameworks with strong supervision and consumer and investor protection. An IMF-moderated panel addressed digital finance developments, payment system modernisation, alignment with EU and international standards, and risks related to financial stability, monetary policy, cross-border coordination, stablecoins, cyber security and AML/CFT.

    Policy & regulationCooperation
  • 2026-06-03KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo opens regional conference on crypto assets and digital money focused on policy and regulatory frameworks

    The Central Bank of the Republic of Kosovo opened a regional conference in Pristina on crypto assets and digital money, focusing on policy and regulatory frameworks. Governor Ahmet Ismaili and IMF Financial Counsellor Tobias Adrian highlighted the need for clear, proportionate and harmonised rules that support innovation while safeguarding financial stability, consumer protection, market integrity and anti-money laundering. The event also addresses implications for Western Balkan economies and Kosovo’s efforts to modernise payments and join the Single Euro Payments Area.

    Policy & regulationCooperationFintech and insurtechRegtech and suptech
  • 2026-06-03United StatesCommodity Futures Trading Commission

    Commodity Futures Trading Commission issues time limited no action letter to Cboe Digital Exchange on dormancy procedures

    The Commodity Futures Trading Commission’s Division of Market Oversight has issued a time-limited no-action letter to Cboe Digital Exchange, LLC, a designated contract market. The letter addresses certain procedures related to dormancy and makes the position subject to specified terms and conditions.

    EnforcementInvestigations & enforcement actionsMarket infrastructure
  • 2026-06-03United StatesCommodity Futures Trading Commission

    Commodity Futures Trading Commission rescinds no deny settlement policy and stops enforcing existing clauses

    The Commodity Futures Trading Commission has rescinded its “no-deny” settlement policy in Appendix A to Part 10, allowing it to accept settlements from defendants who continue to deny allegations. The agency said the change aligns it with most federal agencies, may reduce resource use and speed restitution to investors, and will result in non-enforcement of existing no-deny provisions. The CFTC’s discretion to require or forgo admissions of facts or liability in settlements remains unchanged.

    EnforcementEnforcement framework
  • 2026-06-03ZimbabweSecurities & Exchange Commission of Zimbabwe

    Securities and Exchange Commission of Zimbabwe seeks three regulatory technology systems developers for prudential and AML supervision

    The Securities and Exchange Commission of Zimbabwe is recruiting three fixed-term Regulatory Technology Systems Developers to support prudential and AML risk-based supervision. The roles focus on building and maintaining supervisory systems, including API integration, cloud infrastructure and full software development lifecycle work. Applications close on 08 June 2026.

    Institutional developmentWorkforce & recruitmentRegtech and suptech
  • 2026-06-03PhilippinesPhilippine Securities and Exchange Commission

    Philippine Securities and Exchange Commission suspends director following arrest over alleged extortion

    The Philippine Securities and Exchange Commission preventively suspended a director arrested in an entrapment operation over alleged extortion from a private corporation. The investigation is ongoing, while commission operations will continue as usual.

    EnforcementInvestigations & enforcement actionsBribery and corruptionWhistleblowingLeadership change and appointments
  • 2026-06-03United StatesU.S. Securities & Exchange Commission

    U.S. Securities & Exchange Commission Commissioner Hester Peirce outlines crypto principles that would keep open-source code and neutral blockchain infrastructure outside SEC registration

    SEC Commissioner Hester Peirce outlined a crypto framework that limits securities rules to activity clearly within the SEC’s remit and avoids treating open‑source developers or neutral blockchain infrastructure as regulated intermediaries, stressing regulation is most appropriate where centralized actors exercise discretion or hold customer assets. She cited ongoing work, including the Crypto Task Force’s review of decentralized markets, staff guidance on crypto user interfaces, and a planned innovation exemption for onchain NMS stock trading, and renewed calls to refine exchange and broker definitions. Peirce framed her principles as a basis for further discussion and urged industry to mitigate risks through technical safeguards and standards.

    Policy & regulationGuidance & interpretationFintech and insurtechBlockchain and distributed ledger technology
  • 2026-06-03GlobalFinancial Stability Board

    Financial Stability Board Europe consultative group meets in Vienna to review 2026 work programme and financial stability risks

    The Financial Stability Board’s Regional Consultative Group for Europe met in Vienna to review the FSB’s 2026 work programme, assess global and regional financial vulnerabilities, and discuss the financial stability implications of advanced AI models and system-wide exploratory stress testing. Members also held a roundtable on private credit, focusing on its growth in Europe, liquidity risks, and vulnerabilities arising from retail investor participation in private credit funds.

    Policy & regulationCooperationFinancial stability and systemic riskStress testingArtificial intelligence
  • 2026-06-03VietnamState Bank of Vietnam

    State Bank of Vietnam deputy governor outlines 2026 to 2030 monetary policy priorities for regional branch leaders

    The State Bank of Vietnam’s Deputy Governor Pham Thanh Ha outlined the 2026–2030 monetary policy orientation, emphasising proactive, flexible and prudent policy, market-based interest and exchange rate management, and safe, targeted credit growth toward production, priority sectors and key growth drivers while tightening credit to risk-prone areas. He highlighted opportunities from digital transformation, artificial intelligence, green transition and shifting supply chains, alongside risks from geopolitical volatility, economic fragmentation, inflation pressures, financial risks and climate change, and underscored the central role of regional branches in policy implementation and supervision.

    Monetary policyMonetary policy framework & strategyMonetary policy decisions and developments
  • 2026-06-03EuropeAuthority for Anti-Money Laundering and Countering the Financing of Terrorism

    Authority for Anti-Money Laundering and Countering the Financing of Terrorism launches consultation on ongoing monitoring guidelines under EU AML rules

    The Authority for Anti-Money Laundering and Countering the Financing of Terrorism has launched a public consultation on draft guidelines for ongoing monitoring of business relationships under the EU anti-money laundering and counter-terrorist financing framework. Prepared under Article 26(5) of the Anti-Money Laundering Regulation, the guidelines set out risk-based, proportionate principles for keeping customer information up to date and monitoring transactions and activities across financial and non-financial sectors, including newly covered entities such as crowdfunding service providers, investment migration operators, football clubs and agents, credit intermediaries, certain crypto-asset service providers and traders in high-value goods.

    Policy & regulationGuidance & interpretationAML and CFT
  • 2026-06-03PeruCentral Bank of Peru

    Central Bank of Peru reports 7.1 percent annual growth in mortgage lending in April 2026 as dollarization stays at 5.4 percent

    The Central Bank of Peru reported that total mortgage credit grew 7.1 percent year on year in April 2026 and 0.7 percent month on month, driven by lending in PEN while USD-denominated mortgages continued to contract. PEN mortgage lending increased 7.9 percent year on year and 0.8 percent month on month to PEN 72,248 million, with USD loans down 4.3 percent year on year and accounting for only 5.4 percent of total mortgage credit of PEN 76,358 million.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-06-03United Arab EmiratesCentral Bank of the UAE

    Central Bank of the UAE and Central Bank of Bahrain discuss stronger financial and banking coordination

    The Central Bank of the UAE said its governor met the governor of the Central Bank of Bahrain to discuss stronger bilateral cooperation and greater financial and banking integration. Discussions covered coordination mechanisms, expertise sharing, banking stability and efficiency, and financial services innovation. The visit also included a briefing on the UAE central bank’s financial infrastructure and digital transformation initiatives.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-03United Arab EmiratesCentral Bank of the UAE

    Central Bank of the UAE reports April M1 decline of 0.8 percent as bank credit and deposits rise

    The Central Bank of the UAE's April 2026 monetary and banking report showed M1 falling 0.8% and the monetary base declining 1.6%, while M2 and M3 remained broadly stable. Banking activity continued to expand, with gross credit up 0.9%, deposits up 0.7% and assets up 0.2%. Credit growth was driven mainly by domestic lending, while deposit growth came from resident private and government sector deposits.

    Data & statisticsMonetary data
  • 2026-06-03CanadaPayments Canada

    Payments Canada explains Lynx wire transfers including PCRN confirmation and causes of processing delays

    Payments Canada published an explainer on Lynx, detailing its role as Canada’s real-time gross settlement system for high-value and time-sensitive Canadian dollar wire payments, including the domestic leg of international transfers. The note outlines participation arrangements, clarifies that Payment Confirmation Reference Numbers apply only to Lynx-settled payments, and explains that end-user receipt of funds may be delayed by operating hours, institutional cut-off times, intermediary processing, or routing issues.

    Policy & regulationGuidance & interpretationPayments and payment systems
  • 2026-06-03MoldovaNational Bank of Moldova

    National Bank of Moldova Governor outlines banking sector stability digitalisation and EU integration priorities at ZF Bankers Summit

    At the 15th ZF Bankers Summit, National Bank of Moldova Governor Anca Dragu said the banking market remains stable and is advancing through digitalisation and European integration, supported by structural reforms and modernised financial infrastructure. She highlighted the launch of the MIA instant payment system, efforts to secure EU prudential equivalence and join the Single Euro Payments Area, and noted that Moldova’s 10 licensed banks have strong liquidity and capital adequacy with transparent shareholding that has attracted European investors.

    Policy & regulationImplementation, projects & pilotsCross-border cooperation
  • 2026-06-03BermudaMinistry of Finance (Bermuda)

    Bermuda Ministry of Finance says Fifth Round mutual evaluation preparations are underway ahead of September 2026 submission and April 2027 on-site assessment

    The Bermuda Ministry of Finance reported that coordinated preparations are underway for the Caribbean Financial Action Task Force Fifth Round of Mutual Evaluations, a shared responsibility across government, regulators, law enforcement, the Financial Intelligence Agency, the private sector and professions. Bermuda’s delegation discussed lessons from the Fourth Round, preparation for the Fifth Round and regional follow-up re-ratings, and joined several CFATF working groups, with priorities from these meetings shaping Bermuda’s risk and context submission and related financial integrity measures.

    Policy & regulationPeer reviews and country evaluationsAML and CFTDomestic cooperation
  • 2026-06-03ItalyItalian Securities Commission (Consob)

    Italian Securities Commission warns against fake investment course promotions misusing its name and image

    The Italian Securities Commission (Consob) warned that websites and social media posts are improperly using its name and image to promote supposed free investment courses, stressing that these communications do not originate from Consob. The authority reiterated that it does not provide investment training, recommend financial products, or contact the public to offer investments, and urged investors to verify information sources and use only its official, verified social media channels.

    SupervisionAlertsFraud and scams
  • 2026-06-03CanadaBritish Columbia Securities Commission

    British Columbia Securities Commission makes first whistleblower award of CAD 25000 for information in ongoing enforcement action

    The British Columbia Securities Commission has made its first whistleblower award, paying CAD 25,000 to an individual whose information contributed to an ongoing enforcement action into suspected misconduct. Under the program, awards of CAD 1,000 to CAD 500,000 may be paid when tips lead to specified enforcement steps, with amounts based on timeliness, contribution and seriousness of the misconduct, while self-reporting individuals are ineligible for awards but may seek cooperation credit under a separate policy.

    EnforcementWhistleblowing
  • 2026-06-03IcelandCentral Bank of Iceland

    Central Bank of Iceland enables offline card payments up to ISK 50000 during internet outages

    The Central Bank of Iceland, with domestic card issuers and acquirers, will enable offline credit and debit card payments of up to ISK 50,000 per card issued to adults in Iceland to reduce disruption to retail payments during internet outages. The option will apply only to chip-and-PIN transactions with physical cards and is intended primarily for essential goods, with issuers able to set higher limits or extend use to other purchases. The Central Bank will also work to enable contactless payments by smartphone and smartwatch during outages.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-06-03AlbaniaBank of Albania

    Bank of Albania reviews 2025 Annual Supervision Report and extends public exhibition until 18 January 2027

    The Bank of Albania Supervisory Council reviewed the 2025 Annual Supervision Report, which analyses banking system developments, supervisory activity and regulatory changes, and noted information on the central bank’s operational activity. It also approved extending the public exhibition “Money Tells 100 Years of Life and Events Bank of Albania” until 18 January 2027, with the full report to be published on the Bank’s website in the coming days.

    SupervisionReviews, inspections & stress testsAuditing
  • 2026-06-03CanadaBritish Columbia Financial Services Authority

    British Columbia Financial Services Authority announces new credit union capital requirements effective January 2027 with two-year transition

    The British Columbia Financial Services Authority has adopted new Credit Union Capital Requirements Rules for British Columbia credit unions, updating both the amount and structure of required capital to better align with risk and loss-absorbing capacity. Developed under the 2022 Capital Modernization Project, the framework incorporates Basel III-based international standards and recommendations from the Government of British Columbia’s 2018 review of the Financial Institutions Act, and will apply from January 1, 2027.

    Policy & regulationRules & requirementsCapital adequacy
  • 2026-06-03United StatesU.S. Financial Services Committee

    U.S. House Committee on Financial Services leaders urge Trump to revise or terminate SEC conflict minerals disclosure requirements

    Leaders of the U.S. House Committee on Financial Services have written to President Donald Trump urging the Administration to revise, waive, or terminate the Securities and Exchange Commission’s conflict minerals disclosure requirements under the Dodd-Frank Act. Chairman French Hill and Vice Chairman Bill Huizenga argue the rules are ineffective, have weakened U.S. access to critical minerals, and enabled China to expand its influence over strategically important resources in Central Africa.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-06-03ColombiaSuperintendencia Financiera de Colombia

    Financial Superintendency of Colombia launches English language microsite for foreign portfolio investors in Colombian capital markets

    The Financial Superintendency of Colombia has launched “Foreign Portfolio Investor”, an English-language microsite consolidating information for overseas investors on making portfolio investments in Colombia. The site explains the structure and operation of Colombia’s capital market, provides regulatory and statistical resources, and was developed through public-private working groups involving the central bank and other market authorities.

    Policy & regulationImplementation, projects & pilotsMarket development
  • 2026-06-03North MacedoniaSecurities and Exchange Commission of the Republic of North Macedonia

    Securities and Exchange Commission of the Republic of North Macedonia concludes summer school on financial markets for 33 students

    The Securities and Exchange Commission of the Republic of North Macedonia reported that 33 students completed a three-day Summer School on financial markets and securities, organised with Mother Teresa University of Skopje. The programme introduced the capital market, including regulation, supervision, investing, ethics and a practical session on real-time trading on the Macedonian Stock Exchange.

    Financial literacy & educationFinancial literacy and education
  • 2026-06-03AlbaniaBank of Albania

    Bank of Albania reviews 2025 annual supervision report on banking system activity and supervisory framework changes

    The Bank of Albania’s Supervisory Council reviewed the Annual Supervision Report 2025, which assesses banking system activity, supervisory work, and key developments in the regulatory and supervisory framework, including data on licensed entities. The review notes changes to further align supervisory practices with international standards, with the full report to be published on the Bank’s website.

    SupervisionReviews, inspections & stress testsSupervision process and methodologies
  • 2026-06-03MexicoCONDUSEF

    Mexico's National Commission for the Protection and Defense of Users of Financial Services reports 3377 complaints in Sinaloa up 22.5% with MXN 20.9 million recovered

    Mexico's National Commission for the Protection and Defense of Users of Financial Services reported 3,377 complaints in Sinaloa in the first four months of 2026, 3.5% of the national total and a 22.5% year-on-year increase, with users recovering MXN 20.9 million. Multiple banking generated 65.9% of complaints, mainly due to unrecognized charges, electronic transfers and unprocessed cancellations, with debit cards, credit cards and personal loans comprising 81.6% of these cases and 33.4% involving possible fraud. Electronic Management handled 72.5% of complaints, outcomes were favorable to users in 33.6% of cases, and complaints were concentrated in Culiacán, Mazatlán and Ahome.

    Data & statisticsComplaints and dispute resolution
  • 2026-06-03LuxembourgCentral Bank of Luxembourg

    Central Bank of Luxembourg reports slight fall in May 2026 consumer confidence as households' view of past finances worsens

    The Central Bank of Luxembourg reported that its consumer confidence indicator fell slightly to -14 in May 2026 from -13 in April, driven by a deterioration in households’ assessment of their financial situation over the past 12 months. Expectations for the general economic situation over the next 12 months remained at -33, while households’ expectations for their own future financial situation and major purchase intentions were unchanged.

    Data & statisticsEconomic data and developments
  • 2026-06-03GlobalOECD

    Organisation for Economic Co-operation and Development sets two Middle East energy shock scenarios in Economic Outlook and warns of weaker growth and higher inflation

    The Organisation for Economic Co-operation and Development’s latest Economic Outlook says the Middle East conflict is driving an energy shock that is weakening global growth and raising inflation. It sets a time-limited disruption scenario with global growth at 2.8% in 2026 and a prolonged disruption scenario with growth at 2.1% in 2026 and 1.8% in 2027. The report says central banks should stay vigilant and governments should keep any energy relief targeted and temporary.

    ResearchEconomic data and developments
  • 2026-06-03RussiaCentral Bank of Russia

    Central Bank of Russia reports maximum household deposit rates at top ten banks eased to 12.97% in late May

    The Central Bank of Russia published its May 2026 monitoring of maximum interest rates on Russian-ruble household deposits at the ten largest deposit-taking credit institutions, reporting 13.04% in the first and second ten-day periods and 12.97% in the third. The release also provides average maximum deposit rates by maturity and notes that data on changes in the monitoring results are available on the Bank of Russia website.

    Data & statisticsFinancial and market indicators
  • 2026-06-03Dominican RepublicPensions Superintendency (SIPEN)

    Dominican Republic's Pensions Superintendency awards pension education seal to CCI Puesto de Bolsa after 100 percent staff training

    The Pensions Superintendency (SIPEN) awarded its “Here We Know About Pensions” seal to CCI Puesto de Bolsa after all employees completed pension education training, making it the second securities intermediary to receive the certification. SIPEN noted that more than 20 companies and institutions have been certified under the program, which requires at least 70 percent of staff to meet a knowledge threshold and has been extended to securities firms given brokerage houses’ role in placing pension fund assets.

    Policy & regulationImplementation, projects & pilotsFinancial literacy and education
  • 2026-06-03SwedenFinansinspektionen

    Swedish Financial Supervisory Authority reports payment fraud rose to SEK 905 million and nearly 179000 cases in second half of 2025

    The Swedish Financial Supervisory Authority reported that payment fraud cases and amounts rose in the second half of 2025 to nearly 179,000 incidents worth SEK 905 million, up from 146,000 cases and SEK 588 million in the first half. It said improved detection and reporting may explain part of the increase and that actual losses did not rise proportionally, reflecting better transaction blocking and fund recovery. The authority also held a roundtable with industry, public bodies, consumer groups and social media platforms to discuss additional anti-fraud measures, including responses to fraudsters’ use of artificial intelligence.

    Data & statisticsFraud and scams
  • 2026-06-03AustraliaReserve Bank of Australia

    Reserve Bank of Australia publishes April financial aggregates with total credit up 8.0% over the year and flags delays from Direct to APRA decommissioning

    The Reserve Bank of Australia published its April 2026 financial aggregates, reporting total credit up 0.7% in the month and 8.0% over the year, with housing, personal and business credit rising and broad money up 0.8% in the month and 8.2% over the year. The Bank revised historical levels and growth rates following data resubmissions, seasonal re-estimation and securitisation data updates, and warned that publication of financial aggregates and some statistical tables may be delayed as the Direct to APRA reporting system is decommissioned.

    Data & statisticsMonetary data
  • 2026-06-03MacaoMonetary Authority of Macao

    Monetary Authority of Macao hosts first Macao meeting of Portuguese speaking central banks on payment systems

    The Monetary Authority of Macao hosted the 11th Meeting on Payment Systems of the Central Banks of Portuguese-speaking Countries in Macao for the first time, bringing together central banks from Portugal, Cape Verde, Sao Tome and Principe, Timor-Leste, Brazil and Mozambique for technical exchanges on fintech, payment system security, development and cybersecurity. The authority positioned the meeting and a high-level conference on central bank digital currencies and innovative cross-border applications as part of Macao’s role as a financial services platform between China and Portuguese-speaking countries, and said it will maintain close engagement with peer supervisory authorities.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-03MacaoMonetary Authority of Macao

    Monetary Authority of Macao activates mBridge as three banks complete 23 cross-border CBDC transactions worth nearly MOP13 billion

    The Monetary Authority of Macao has activated mBridge, enabling participating banks to conduct cross-border transactions on the multilateral central bank digital currency platform. Three banks completed 23 trade settlement and remittance transactions on day one totaling nearly MOP13 billion involving mainland China, Hong Kong and the United Arab Emirates. The authority reported stable system performance and said the remaining eight banks are finalizing implementation. It plans to explore linking the digital pataca infrastructure with other central bank digital currencies or international financial infrastructures to broaden cooperation and strengthen Macao’s role as a financial services platform between China and Portuguese-speaking countries.

    Policy & regulationImplementation, projects & pilotsCBDC
  • 2026-06-03SwitzerlandSwiss Financial Market Supervisory Authority (FINMA)

    Swiss Financial Market Supervisory Authority concludes Wendelspiess Partners proceedings with long-term industry bans and licence withdrawal

    The Swiss Financial Market Supervisory Authority (FINMA) has concluded enforcement proceedings against Wendelspiess Partners AG in liquidation and two individuals, finding serious breaches of conduct duties in financial services. FINMA will withdraw the firm’s portfolio manager licence and has imposed long-term industry bans on the two individuals after determining that client assets were concentrated in an in-house foreign fund facing liquidity problems, with undisclosed conflicts of interest, missing suitability assessments and investments made without client consent. FINMA also found that the firm withheld relevant information from the supervisor; the ruling may be appealed.

    EnforcementInvestigations & enforcement actionsClient asset custody and safekeepingCorporate governanceCompliance
  • 2026-06-03OmanOman Financial Services Authority

    Oman Financial Services Authority signs contract for integrated public contact centre to unify complaints and inquiries

    The Oman Financial Services Authority has signed a contract for an integrated Contact Centre covering the non-banking financial sector it supervises. The centre will centralise inquiries, complaints and reports, and use dedicated systems, trained staff and standard procedures to manage and track requests.

    Policy & regulationImplementation, projects & pilotsComplaints and dispute resolution
  • 2026-06-03FranceFrance Autorite des marches financiers

    France's Financial Markets Authority urges regulated firms to strengthen cyber resilience against AI-driven threats

    The France Autorité des marchés financiers has made cyber resilience a strategic priority in its 2026 action plan, warning that advances in artificial intelligence can accelerate exploitation of vulnerabilities and scale malicious campaigns. It will supervise compliance with the Digital Operational Resilience Act for portfolio management companies, crypto-asset and crowdfunding service providers and market infrastructures, and expects firms to strengthen cyber risk frameworks, governance and testing. The authority plans further awareness actions, surveys and inspections in 2026, and will publish a first review of major incidents after the European Supervisory Authorities issue their report.

    SupervisionSupervision approach, priorities & toolkitCyber resilienceArtificial intelligence
  • 2026-06-03GlobalInternational Monetary Fund

    International Monetary Fund staff says Saudi Arabia can absorb Strait of Hormuz disruption but sees 2026 growth at about 2 percent

    IMF staff, in its concluding statement for the 2026 Article IV consultation with Saudi Arabia, said conflict-related disruption to shipping through the Strait of Hormuz is weighing on trade and will lower growth in 2026. Assuming maritime traffic normalizes, it projects growth of about 2 percent and inflation of about 2.3 percent, and supports a modest reduction in the non-oil primary deficit via spending reprioritization while preserving scope for temporary, targeted fiscal support. It considers the U.S. dollar peg a credible anchor and backs the Saudi Central Bank’s enhanced monitoring of liquidity, credit and asset quality, the 100 basis point countercyclical capital buffer, and further work on foreign exchange borrowing and emergency liquidity assistance frameworks.

    Policy & regulationGuidance & interpretationEconomic data and developments
  • 2026-06-03KyrgyzstanNational Bank of the Kyrgyz Republic

    National Bank of the Kyrgyz Republic holds media seminar on monetary policy banking stability and digital finance

    The National Bank of the Kyrgyz Republic held a training seminar for media representatives to explain its core functions and current work in the foreign exchange market, monetary policy, consumer protection from fraud, digitalisation of financial services, and banking system stability. Deputy Chairman Azat Kozubekov highlighted media engagement as a regulatory priority, with department heads briefing journalists from major outlets and answering questions on current issues.

    Other
  • 2026-06-03KyrgyzstanNational Bank of the Kyrgyz Republic

    National Bank of the Kyrgyz Republic holds Issyk-Kul financial literacy lecture on loan self bans money mule activity and fraud

    The National Bank of the Kyrgyz Republic’s Issyk-Kul Regional Office held an outreach lecture for staff of the Issyk-Kul district state administration and district education department as part of its 2026 regional financial literacy plan. The session covered the self-ban on taking out loans, money mule activity and fraud.

    Financial literacy & educationFinancial literacy and education
  • 2026-06-03United StatesNew York State Department of Financial Services

    New York State Department of Financial Services fines Santander Consumer USA USD 400,000 and orders more than USD 275,000 in borrower restitution over undisclosed auto loan extension fees

    The New York State Department of Financial Services settled with Santander Consumer USA Inc., which will pay a USD 400,000 penalty and more than USD 275,000 to eligible borrowers for violations of New York Banking Law related to automobile loan extension fees. DFS found that Santander disclosed a single USD 25 extension fee but charged USD 25 per month, leading to approximately USD 237,000 in undisclosed fees paid and USD 86,000 assessed but unpaid. Under the settlement, affected borrowers will receive refunds with interest or waivers.

    EnforcementInvestigations & enforcement actionsLendingConsumer and investor protection
  • 2026-06-03GlobalISDA

    International Swaps and Derivatives Association reviews Annual General Meeting discussions on digital assets AI and regulatory changes

    The International Swaps and Derivatives Association published a recap of discussions at its Annual General Meeting on growth in digital assets and tokenized collateral, the use of artificial intelligence in financial services and changes to the regulatory framework. The recap highlights how these developments are shaping derivatives markets and related risk and compliance practices.

    OtherFintech and insurtechTokenizationArtificial intelligence
  • 2026-06-03VietnamState Bank of Vietnam

    State Bank of Vietnam trains regional branch leaders on 2025 bank inspection and supervision priorities

    The State Bank of Vietnam held a training course for regional branch leaders on bank inspection and supervision, which Deputy Governor Pham Quang Dung reiterated as a core central bank function. The session reviewed recent supervisory work, institutional improvements, structural features of Vietnam’s credit institution system, and key shortcomings, and set out an action plan for supervisory challenges and solutions, with an emphasis on the heightened responsibilities of regional branches.

    Institutional developmentCooperation & capacity buildingCapacity building
  • 2026-06-03GlobalFinancial Action Task Force

    Financial Action Task Force upgrades Indonesia to compliant on Recommendation 6 for targeted terrorist financing sanctions

    The Financial Action Task Force published Indonesia’s third enhanced follow-up report and upgraded its rating on Recommendation 6 (targeted financial sanctions related to terrorism and terrorist financing) from Partially Compliant to Compliant, reflecting progress on technical compliance deficiencies identified in 2023. The upgrade follows 2025 amendments that clarified designation standards and timelines, imposed a general obligation to freeze assets without delay, broadened prohibitions on making funds or services available to designated persons, and strengthened related procedures. Indonesia now has 7 Recommendations rated Compliant, 30 Largely Compliant and 3 Partially Compliant, and will not report back to the FATF Plenary under the fourth-round follow-up process.

    Policy & regulationInternational standards & recommendationsAML and CFT
  • 2026-06-03ChinaCentral Bank of the Republic of China

    People's Bank of China renews and expands Egypt bilateral local currency swap line to CNY 30 billion

    The People's Bank of China has renewed and expanded its bilateral local currency swap agreement with the Central Bank of Egypt from CNY 18 billion and EGP 80.7 billion to CNY 30 billion and EGP 203 billion. The three-year agreement, extendable by mutual consent, aims to deepen monetary and financial cooperation, promote local currency use in bilateral trade and investment, and support financial market stability.

    Monetary policyMonetary policy instruments & operationsCross-border cooperation
  • 2026-06-03ChinaCentral Bank of the Republic of China

    People's Bank of China sets governance and self regulation priorities for China Internet Finance Association

    People's Bank of China Deputy Governor Tao Ling outlined priorities for the China Internet Finance Association’s next phase, calling for stronger internal governance, more complete self-regulatory rules, an enhanced self-regulatory role, and closer support for financial supervision. She urged members to learn from past risk episodes, operate lawfully under strengthened oversight, and improve rule-of-law awareness, corporate governance, internal management, standardized business conduct, and risk control.

    Policy & regulationReform agendas & prioritiesOrganizational structure
  • 2026-06-03EuropeEuropean Central Bank

    European Central Bank analysis finds the 2026 energy shock may pass through less strongly to euro area inflation than in 2022 but global oil risks remain

    The European Central Bank, in a blog post, assesses how the renewed energy shock linked to the Middle East war and the closure of the Strait of Hormuz is feeding into euro area inflation, noting headline inflation rose to 3.2% in May but that pass-through to underlying inflation may be more limited than after Russia’s 2022 invasion given a more balanced backdrop. The authors highlight that the current shock is more oil-focused, partly cushioned by changes in the energy mix and softer demand, but emphasise tighter fiscal space and identify upside inflation risks from a larger or more persistent global oil shock and stronger reactions by households and firms.

    Research
  • 2026-06-03EuropeEuropean Central Bank

    European Central Bank publishes research showing sectoral fiscal multipliers depend on production networks and high MPC household exposure

    The European Central Bank published a working paper analysing how sector-specific fiscal policy transmits through production networks when households differ in their marginal propensity to consume. Using a multisector New Keynesian model calibrated to U.S. data, the authors show that fiscal multipliers vary by sector and are highest when spending targets labour‑intensive, downstream sectors employing many high‑MPC households, while omitting household heterogeneity or production networks can materially misstate fiscal effects.

    Research
  • 2026-06-03EuropeEuropean Central Bank

    European Central Bank working paper finds no robust herding in foreign exchange forecasts and stronger evidence of anti herding

    The European Central Bank published a working paper finding no consistent evidence of herding in professional foreign exchange forecasts for nine major currencies against the USD from 1995 to 2024, and instead identifying stronger evidence of anti-herding, especially at longer horizons. Revision-based tests showed apparent herding when using current consensus forecasts, but this weakened when lagged consensus was used, while forecast-error and over-reaction tests more often indicated anti-herding.

    ResearchMarket risk and volatility
  • 2026-06-03EuropeEuropean Central Bank

    European Central Bank updates digital euro standards and pilot plans after more than 50 applications from payment service providers

    The European Central Bank outlined progress on the digital euro, including May 2026 cooperation agreements with three European standard-setting organisations and preparations for a pilot in the second half of 2027. It plans to reuse existing European open standards for online payments to reduce reliance on proprietary international card schemes and facilitate adoption by merchants and payment service providers. The ECB reiterated that the digital euro and legal tender of cash proposals should advance as a single legislative package and urged timely progress on the Single Currency Package.

    Policy & regulationImplementation, projects & pilotsCBDC
  • 2026-06-03SpainSpanish Securities Commission (CNMV)

    Spanish Securities Commission publishes first semiannual bulletin on war in Iran market effects and uneven AI adoption by investment service providers

    The Spanish Securities Commission (CNMV) published its first semiannual bulletin of 2026, reporting that early-year market gains reversed into sharp equity declines and higher volatility after the outbreak of war in Iran, while bond yields rose but risk premia and the financial system remained stable. The bulletin notes more moderate effects in Spain, continued growth in collective investment with a shift toward fixed income, and rising relevance of specialist non-bank advisory firms. It also includes research warning of material errors from unsupervised use of large language models in investment, analysing Euribor’s post-reform role, and documenting uneven but growing AI adoption among Spanish investment service providers.

    ResearchArtificial intelligenceFinancial benchmarks
  • 2026-06-03TajikistanNational Bank of the Republic of Tajikistan

    National Bank of the Republic of Tajikistan holds talks with Agricultural Bank of China on correspondent banking trade finance and potential Chinese bank branches

    The National Bank of Tajikistan reported that its chairman met the chairman of Agricultural Bank of China to discuss expanding Tajikistan-China banking cooperation, including interbank links, correspondent banking, investment support, trade finance and joint projects. They also discussed potential Chinese bank branches in Tajikistan and agreed to deepen collaboration on digital financial services, banking technology, risk management, green economy initiatives, economic digitalization, cybersecurity and staff training.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-03EuropeEuropean Central Bank

    European Central Bank says simplification will streamline supervision and retire guidance without lowering capital requirements

    The European Central Bank’s Frank Elderson said the ECB’s simplification agenda aims to make supervision faster and more targeted without deregulating banks or lowering capital requirements, noting that current capital levels do not constrain lending. He highlighted a more risk-based supervisory review of 111 significant banks, streamlining nearly 100 supervisory publications, and cutting approval times for simple and transparent securitisations to seven days. Elderson argued that EU competitiveness should rely on deeper banking and capital markets integration rather than deregulation and warned that scaling back corporate sustainability reporting could force banks and insurers to collect climate and nature risk data directly from clients.

    SupervisionSupervision approach, priorities & toolkitSupervision process and methodologies
  • 2026-06-03Hong KongHong Kong Monetary Authority

    Hong Kong Mortgage Corporation Limited publishes 2025 annual report on performance financial position and ESG initiatives

    The Hong Kong Mortgage Corporation Limited has published its 2025 Annual Report, reviewing its business performance, financial position and environmental, social and governance initiatives for 2025. The report is available on the Hong Kong Mortgage Corporation Limited website.

    Data & statisticsActivity and performance reportingESG
  • 2026-06-03Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority sets third interest rate on 2027 retail infrastructure bonds at 3.50%

    The Hong Kong Monetary Authority, acting for the Hong Kong Special Administrative Region Government, announced that the third interest payment on the retail infrastructure bonds due 2027 under the Infrastructure Bond Programme will be made at 3.50% per annum on 17 June 2026. In line with the issue circular dated 26 November 2024, the rate was set on 3 June 2026 as the higher of the prevailing Floating Rate and the Fixed Rate, resulting in a 3.50% per annum rate.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-06-03ChileCentral Bank of Chile

    Central Bank of Chile publishes business pricing survey showing stronger cost pressures and inflation expectations of 4% at 12 months and 3.3% at 24 months

    The Central Bank of Chile published its Survey of Price Determinants and Expectations for February–April 2026, reporting renewed intensification of cost increases, a slightly higher but broadly neutral selling price index, modestly lower sales, sharper margin declines, and median inflation expectations of 4% at 12 months and 3.3% at 24 months. Firms cited stronger upward pressure on prices from costs, input availability and the exchange rate, weaker downward pressure from sales, and more expecting higher input costs and selling prices over the next 12 months.

    Data & statisticsEconomic data and developments
  • 2026-06-03SloveniaSlovenia Insurance Supervision Agency

    Slovenia Insurance Supervision Agency examines blockchain uses and limits for automated insurance payments and claims

    The Slovenia Insurance Supervision Agency published a research note on blockchain in insurance, outlining uses such as automated premium payments, faster claims payouts and smart contract-based processes, while emphasising security, trust and regulatory compliance. It explains blockchain building blocks and concludes that smart contracts are better suited to objectively verifiable events, highlighting constraints around data protection, key management, oracle reliability, execution costs, coding errors, immutability and compliance with Markets in Crypto-Assets and the distributed ledger technology pilot.

    ResearchBlockchain and distributed ledger technology
  • 2026-06-03SloveniaSlovenia Insurance Supervision Agency

    Slovenia Insurance Supervision Agency highlights ESE conference calls for simpler EU rules and coordinated AI oversight

    The Slovenia Insurance Supervision Agency reported on the 8th European Supervisor Education Initiative conference, which focused on simplifying European Union financial regulation without deregulation and expanding the use of artificial intelligence in supervision under clear safeguards. Participants called for more proportionate and consistent EU rules to reduce duplication and administrative burdens while supporting financial stability, consumer protection and market integration, and discussed supervisory AI applications and the implementation of the EU Artificial Intelligence Act.

    SupervisionSupervision approach, priorities & toolkitSupervision process and methodologiesArtificial intelligence
  • 2026-06-03SloveniaSlovenia Insurance Supervision Agency

    Slovenia Insurance Supervision Agency issues position after review of prudent person and value for money measures in investment life insurance

    The Slovenia Insurance Supervision Agency issued a position to all insurers offering investment life insurance following a review of their activities and measures to ensure the Prudent Person Principle and value for money. The position sets out the authority’s expectations for how insurers should manage these products.

    Policy & regulationGuidance & interpretationPrudential risks
  • 2026-06-03United Arab EmiratesNational Anti-Money Laundering and Combating Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC)

    United Arab Emirates Higher Committee overseeing the national anti-money laundering strategy approves 2025 performance indicators

    The United Arab Emirates Higher Committee overseeing the national anti-money laundering strategy approved the national system’s 2025 performance indicators. Authorities reported 9,681 inspections and AED 544.33 million in penalties across regulated sectors, alongside 516 incoming mutual legal assistance requests and 56 terrorist financing investigations. The committee also reviewed preparations for the FATF and MENAFATF joint mutual evaluation.

    Policy & regulationImplementation, projects & pilotsAML and CFTCross-border cooperation
  • 2026-06-03VietnamVietnam State Securities Commission

    Vietnam State Securities Commission requires listed applicants to pay VND 1 million fee for securities practising certificates

    The Vietnam State Securities Commission has notified individuals on an attached list to pay a fee of VND 1 million per securities practising certificate to complete the licensing process, in line with Ministry of Finance Circular 25/2022/TT-BTC. Payment may be made by bank transfer or directly at the commission, and certificates will be cancelled if recipients do not complete the procedures to receive them within one year of the fee notice.

    Policy & regulationRules & requirementsLicensing and supervisory fees
  • 2026-06-03KyrgyzstanNational Bank of the Kyrgyz Republic

    National Bank of the Kyrgyz Republic suspends two Bishkek exchange bureau licences for legal and regulatory breaches

    The National Bank of the Kyrgyz Republic suspended the licences of two Bishkek exchange bureaus for breaches of Kyrgyz legislation and National Bank regulatory requirements. Almena Klinik LLC is suspended from 3 to 5 June 2026 and Aslan-Bektur LLC from 3 to 9 June 2026.

    EnforcementSanctions & designationsUnlicensed or unauthorized activity
  • 2026-06-03CyprusCyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission issues T+1 settlement circular and seeks readiness surveys by 9 June

    The Cyprus Securities and Exchange Commission has issued a circular on the transition to a T+1 securities settlement cycle, setting out regulatory requirements and supervisory expectations for firms. The circular applies to transactions in transferable securities executed on trading venues under Article 5 of the EU Central Securities Depositories Regulation as amended by Regulation (EU) 2025/2075, and highlights shorter timelines, increased automation needs, earlier funding and collateral requirements, and added cross-border complexity. CySEC will use two readiness surveys, run with national competent authorities and the EU T+1 Industry Committee, to assess settlement performance, system readiness, third-party dependencies, testing plans and key risks.

    Policy & regulationGuidance & interpretationMarket infrastructureOperational risk and resilience
  • 2026-06-03BrazilCentral Bank of Brazil

    Central Bank of Brazil releases May 2026 IC-Br data

    The Central Bank of Brazil has published the IC-Br data for May 2026. The release updates market participants on the latest movements in the bank’s economic activity index.

    Data & statisticsMonetary data
  • 2026-06-03BrazilCentral Bank of Brazil

    Central Bank of Brazil publishes Financial Stability Survey

    The Central Bank of Brazil has published its Financial Stability Survey (PEF). The survey provides the authority’s latest assessment of risks and conditions in Brazil’s financial system.

    ResearchFinancial stability and systemic risk
  • 2026-06-03CanadaNew Brunswick Financial & Consumer Services Commission

    Financial and Consumer Services Commission of New Brunswick highlights hidden harms of fraud with June awareness events

    The Financial and Consumer Services Commission of New Brunswick is marking World Elder Abuse Awareness Day with a public campaign on the hidden harms of fraud and financial exploitation, emphasizing emotional impacts and the role of victim responses. It will host its third Walk for World Elder Abuse Awareness Day in Saint John and Fredericton and co-host a free webinar on trauma-informed, compassionate approaches to supporting older and vulnerable adults.

    Financial literacy & educationConsumer and investor protection
  • 2026-06-03VietnamState Bank of Vietnam

    State Bank of Vietnam Region 6 directs banks in Hai Phong and Quang Ninh to step up interest rate cuts

    The State Bank of Vietnam’s Region 6 branch instructed 143 commercial bank branches in Hai Phong and Quang Ninh to cut operating costs, rebalance funding and reduce deposit and lending rates, while directing credit toward production, priority sectors and key growth drivers. A review of the first five months of 2026 found stable operations but modest lending rate declines and highlighted credit quality risks, particularly in household business lending, and governance weaknesses. Region 6 will intensify supervision of interest rate compliance and strictly address violations.

    SupervisionSupervision approach, priorities & toolkitMonetary policy decisions and developments
  • 2026-06-03VietnamState Bank of Vietnam

    State Bank of Vietnam issues banking sector plan supporting private enterprise with goal of three state-owned commercial banks in Asia top 100 by 2030

    The State Bank of Vietnam has issued a sector-wide plan to shift banking supervision toward development-oriented regulation, improve credit institutions and foreign bank branches, and expand access to modern financial services, especially for private firms. The plan prioritises regulatory review, monetary, credit, foreign exchange and payments management, supervision, bad debt resolution, restructuring, digital infrastructure and cybersecurity, and promotes digital and green transition, artificial intelligence, stronger governance and risk management, and simplified, digitalised credit processes. It also targets, by 2030, at least three state-owned commercial banks among Asia’s 100 largest by assets and four state-owned banks as leading institutions in technology, governance, scale, market share and market-regulating capacity.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-06-03PortugalPortuguese Insurance Regulator (ASF)

    Portugal's Insurance and Pension Funds Supervisory Authority publishes second half 2025 complaints report showing a 13 percent fall in complaints to firms and a 48 percent rise in complaints filed with ASF

    Portugal's Insurance and Pension Funds Supervisory Authority (ASF) published its complaints management report for the second half of 2025, reporting a 13% decline in complaints to insurers and pension fund managers to 11,395 and a 16% decline in completed market complaints to 11,453, while direct complaints to ASF rose 48% year-on-year to 1,693. Non-life insurance, particularly motor, remained the main source of complaints, with claim-related issues dominant. Firms responded within an average of 12 working days, below the 20-day legal limit. ASF noted that 35% of market-handled and 24% of ASF-concluded cases ended in the complainant’s favour, and that complaints via its Consumer Portal more than doubled to 1,294.

    SupervisionRisk monitoring & watch pointsComplaints and dispute resolution
  • 2026-06-03GlobalBank for International Settlements

    Bank for International Settlements publishes research linking lower bond yields to pension shifts from debt to mutual funds and foreign assets

    The Bank for International Settlements published research showing that pension funds have reduced direct fixed income holdings and increased allocations to mutual funds, foreign assets and alternatives, partly in response to lower local currency government bond yields. Using data for 87 countries from 1980 to 2023, the paper finds that a 1 percentage point fall in 10-year government bond yields is associated with lower bond shares and higher mutual fund and foreign asset shares, with stronger effects for defined benefit plans. The authors warn that this retreat from debt could affect borrowing costs and financial stability by shifting bond ownership to other non-bank investors and increasing pension exposure to less liquid assets.

    ResearchAsset quality
  • 2026-06-03GlobalInternational Monetary Fund

    International Monetary Fund begins engagement on Bangladesh request for successor financial arrangement

    The International Monetary Fund said Bangladeshi authorities have requested a new financial arrangement to succeed the existing Extended Credit Facility, Extended Fund Facility and Resilience and Sustainability Facility programs, and staff are engaging on reform priorities. It noted that a materially changed macroeconomic and political environment, banking-sector weaknesses and low revenue mobilization are key challenges, and any new arrangement would need to reflect balance-of-payments needs, the authorities’ objectives and strong policy commitments, subject to IMF policies and Executive Board approval.

    Policy & regulationReform agendas & prioritiesFinancial stability and systemic risk
  • 2026-06-03AzerbaijanCentral Bank of the Republic of Azerbaijan

    Central Bank of the Republic of Azerbaijan to host Organization of Turkic States central bank council meeting in Baku

    The Central Bank of the Republic of Azerbaijan will host the next meeting of the Council of central banks of Organization of Turkic States members in Baku on 4–5 June, with participation from Kazakhstan, the Kyrgyz Republic, Uzbekistan, Turkey and observer delegations. Discussions will focus on responses to global and regional challenges, including safeguarding macroeconomic and financial stability, improving monetary policy transmission and developing digital financial ecosystems and financial technology, in line with the Council’s mandate as a consultative body.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-03AzerbaijanCentral Bank of the Republic of Azerbaijan

    Central Bank of the Republic of Azerbaijan approves professional certification framework for financial sector staff with initial focus on risk management functions

    The Central Bank of the Republic of Azerbaijan has adopted an instruction establishing a professional certification and examination framework for financial sector staff as part of its risk-based supervision approach. The regime initially covers second line of defense risk management functions, links exam modules to job groups, sets ongoing professional development requirements for certified senior managers, and permits exemptions for holders of relevant international certifications, with exams free and certificates intended to be indefinite.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-06-03CanadaPayments Canada

    Payments Canada approves five new members bringing 2026 additions to 15

    Payments Canada approved five new members, bringing 2026 additions to 15 and expanding the pool of firms eligible to explore future participation in national payment infrastructure, including the Real-Time Rail. The growth follows amendments to the Canadian Payments Act that broadened eligibility to payment service providers, local credit unions that are members of a central, and designated clearing houses, with participation still subject to technical, operational and security requirements.

    SupervisionAuthorisations & approvalsHiring and recruitment
  • 2026-06-03EuropeEuropean Insurance and Occupational Pensions Authority

    European Insurance and Occupational Pensions Authority and other ESAs publish first DORA annual overview showing one third of major ICT incidents were cross border

    The European Insurance and Occupational Pensions Authority, the European Banking Authority and the European Securities and Markets Authority published the first annual overview of major ICT incidents under the Digital Operational Resilience Act, based on 3,383 incidents (0.18 per entity) and highlighting increasingly borderless ICT risk. Around one third had cross-border impact, system failures and external events were the main drivers, and only 10% were cybersecurity-related, underscoring the need for stronger third-party risk management, closer oversight of outsourced services and enhanced cybersecurity.

    SupervisionRisk monitoring & watch pointsCyber resilience
  • 2026-06-03PhilippinesCentral Bank of the Philippines

    Central Bank of the Philippines clarifies underlying activity and documentation requirements for peso non deliverable forwards with non resident financial institutions

    The Central Bank of the Philippines issued a memorandum clarifying that, under Circular No. 1212 of 11 April 2025, non-deliverable foreign exchange derivative transactions must be tied to legitimate underlying economic activities and supported by proper documentation. The clarification focuses on non-deliverable forward transactions involving banks’ own-account sales of foreign exchange against the Philippine peso to non-resident financial institutions and aims to promote a common understanding of the circular’s policy intent.

    Policy & regulationGuidance & interpretationForeign exchange policy and markets
  • 2026-06-03IndiaSecurities & Exchange Board of India

    Securities and Exchange Board of India issues updated Alternative Investment Funds master circular consolidating directions through May 31 2026

    The Securities and Exchange Board of India has issued an updated master circular for Alternative Investment Funds, consolidating all circular provisions under the AIF Regulations through May 31, 2026 into a single framework and superseding the May 7, 2024 circular. It covers registration and scheme launch, fundraising, investment conditions, category-specific norms, investor accreditation, operations, governance, valuation, reporting, disclosure, winding-up and migration of venture capital funds, and rescinds prior directions while preserving existing rights and proceedings. Trustees, sponsors or managers must ensure the manager’s Compliance Test Report covers compliance with all chapters.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-06-03AustriaAustria Financial Market Authority

    Austria Financial Market Authority explains how to identify licensed crypto providers as nine CASPs hold Austrian authorisation

    The Austria Financial Market Authority has issued updated consumer guidance on identifying licensed crypto asset service providers and verifying their authorisation under the EU Markets in Crypto-Assets Regulation, including what FMA authorisation entails. The FMA reports nine authorised providers in Austria, seven using the EU passport, crypto assets exceeding EUR 4.4 billion, and around one million users trading at least once in 2025, while 93 European providers may also offer services in Austria. The guidance explains how consumers can distinguish regulated EEA providers from third-country firms and check authorisation status in the FMA database.

    Policy & regulationGuidance & interpretationLicensing framework and process
  • 2026-06-03KyrgyzstanState Service for Regulation and Supervision of Financial Markets

    Kyrgyz Republic State Service for Regulation and Supervision of Financial Markets holds talks with United Kingdom Foreign Office on sanctions cooperation

    The Kyrgyz Republic’s State Service for Regulation and Supervision of Financial Markets reported that Chairman K.A. Mamatov met with representatives of the United Kingdom Foreign Office and the British Embassy to discuss cooperation on sanctions policy. The parties also discussed broader international cooperation, information exchange, and other issues of mutual interest.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-03KyrgyzstanState Service for Regulation and Supervision of Financial Markets

    Kyrgyz Republic's State Service for Regulation and Supervision of Financial Markets revokes TengriCoin crypto exchange licence for systematic legal and reporting breaches

    The State Service for Regulation and Supervision of Financial Markets of the Kyrgyz Republic has revoked TengriCoin CJSC’s licence as a virtual asset trading operator, removing its authorisation to run a crypto exchange. The authority cited systematic breaches of virtual asset legislation, failure to meet mandatory requirements and non-submission of required reports, and reiterated that it will continue to supervise the market and enforce reporting and anti-money laundering obligations.

    SupervisionAuthorisations & approvalsUnlicensed or unauthorized activity
  • 2026-06-03AlbaniaBank of Albania

    Bank of Albania reports IMF staff mission backed its monetary policy stance and noted banking sector resilience

    The Bank of Albania reported on an IMF staff visit, which assessed Albania’s economy as resilient and monetary policy as appropriate for safeguarding price stability. The mission highlighted the impact of higher energy prices on inflation, the need to monitor expectations, and confirmed that the lek’s appreciation reflects structural improvements. It assessed the banking sector as resilient with strong capital, liquidity and asset quality, welcomed work on macroprudential tools and regulatory alignment with EU standards, and discussed longer-term challenges such as demographics, productivity and European integration.

    Monetary policyMonetary policy assessments & outlooksEconomic data and developmentsMonetary policy decisions and developments
  • 2026-06-03IndiaReserve Bank of India

    Reserve Bank of India assigns Canara Bank lead bank responsibility for Assam's new Bajali district

    The Reserve Bank of India has designated Canara Bank as the lead bank for Assam’s newly created Bajali district, following the state government’s notification establishing the district and its jurisdictional boundaries. The central bank has also allotted Bajali the district working code 01O, while lead bank assignments for all other districts in Assam remain unchanged.

    SupervisionAuthorisations & approvalsOrganizational structure
  • 2026-06-03EuropeEuropean Central Bank

    European Central Bank warns frontier AI is reshaping cyber risk and will send banks a dear CEO letter

    The European Central Bank’s Frank Elderson warned that frontier artificial intelligence models are reshaping cyber risk and urged banks to treat operational resilience as a firm-wide strategic priority, announcing a forthcoming dear CEO letter calling for proactive measures to keep systems robust and secure. He noted vulnerabilities revealed by the 2024 cyber resilience stress test despite existing response and recovery frameworks and said almost three-quarters of findings have been addressed. Elderson underscored the role of the Digital Operational Resilience Act and said the ECB will follow up with banks in a targeted way, using its system-wide view to identify areas of attention and good practices, particularly for smaller banks.

    SupervisionInterventionsOperational risk and resilienceArtificial intelligence
  • 2026-06-03SyriaCentral Bank of Syria

    Central Bank of Syria outlines recovery priorities including monetary stability and payment system improvements

    The Central Bank of Syria said the next phase of economic recovery will require coordinated action by the state, private sector, banking sector and international partners, and highlighted efforts to strengthen monetary and financial stability, the banking environment and payment systems to support investment and job creation. It stressed that monetary policy tools rely on deep, active financial markets and confidence in the economy, and called for practical measures that support productive projects, private initiatives and wider economic stability.

    Monetary policyMonetary policy assessments & outlooksEconomic data and developmentsFinancial stability and systemic risk
  • 2026-06-03EuropeEuropean Banking Authority

    European Banking Authority and other ESAs publish first DORA report showing 3383 major ICT incidents and one third with cross-border impact

    The European Banking Authority and other European Supervisory Authorities published the first annual overview of 3,383 major ICT incidents reported under the Digital Operational Resilience Act, highlighting cross-border, interconnected ICT risk and concentration in the credit and payments sectors. System failures, external events and third-party failures, including at ICT service providers, were key drivers, while cybersecurity incidents accounted for 10% and exposed divergent reporting practices. In 2026, authorities will enhance monitoring, issue further guidance, deploy a new IT tool to improve data quality and supervisory convergence, and use the DORA Register of Information to deepen analysis of incidents involving critical ICT third-party providers.

    SupervisionRisk monitoring & watch pointsOperational risk and resilience
  • 2026-06-03United KingdomFinancial Conduct Authority

    Financial Conduct Authority warns football clubs over sponsorship deals with unauthorised financial firms

    The Financial Conduct Authority has warned UK football clubs against sponsorship deals with unauthorised financial services firms, including some crypto businesses and trading platforms, which may be targeting fans and operating in the UK without authorisation. The FCA said such deals can create legal, money laundering and reputational risks for clubs, and expects them to conduct robust due diligence on financial sponsors, adding that it has contacted clubs where it has identified concerns and will take action where needed.

    SupervisionAlertsUnlicensed or unauthorized activity
  • 2026-06-03North MacedoniaNorth Macedonia Insurance Supervision Authority

    North Macedonia Insurance Supervision Authority closes financial literacy month with school insurance education visit

    The North Macedonia Insurance Supervision Authority concluded its financial literacy month campaign with an educational visit to Naum Ohridski primary school in Peshtani, Ohrid, introducing students to basic insurance concepts and its role in risk protection. The session also explained the authority’s role in maintaining a stable, secure and transparent insurance market and protecting policyholders’ rights, with the campaign focused on strengthening insurance awareness among young people.

    Financial literacy & educationFinancial literacy and education
  • 2026-06-03IcelandCentral Bank of Iceland

    Central Bank of Iceland keeps countercyclical capital buffer at 2.5% and identifies key payment and settlement systems as systemically important

    The Financial Stability Committee of the Central Bank of Iceland said the financial system remains sound and kept the countercyclical capital buffer at 2.5%, while warning that global uncertainty, inflation and high interest rates could test resilience. It highlighted rising risks in the construction sector, increased operational risk in financial market infrastructure, and newly classified key payment and settlement systems as basic or core infrastructure. The Committee noted plans for an offline payment card solution in mid-2026 and called for broader payment options to support continuity in severe incidents.

    SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskCapital adequacy
  • 2026-06-03DenmarkNational Bank of Denmark

    National Bank of Denmark publishes top 20 shareholding data showing households concentrate nearly 60 per cent of direct listed equity holdings in 20 stocks

    The National Bank of Denmark published new securities statistics showing Danish households’ direct listed shareholdings of DKK 487 billion are highly concentrated, with the top 20 shares accounting for almost 60 per cent, led by Novo Nordisk, Danske Bank and DSV. Including holdings via Danish investment funds, the top 20 shares represent 44 per cent of households’ DKK 813 billion in listed shares, versus 27 per cent for the insurance and pension sector, where U.S. shares dominate. The release also introduces a website feature displaying the top 20 shares held by households and by the insurance and pension sector, excluding foreign investment fund holdings due to missing underlying securities data.

    Data & statisticsFinancial and market indicators
  • 2026-06-03GeorgiaNational Bank of Georgia

    National Bank of Georgia president elected 2027 chair of Central and Eastern Europe banking supervisors group

    The National Bank of Georgia announced that its president, Natia Turnava, has been unanimously elected chair of the Group of Banking Supervisors from Central and Eastern Europe for the period 16 December 2026 to 15 December 2027. The chair rotates annually among member states, and the National Bank of Georgia will host the 39th annual BSCEE conference next year, marking the third time Georgia has held the chair since joining in 2013.

    Institutional developmentLeadership change & appointmentsSupervisory colleges
  • 2026-06-03KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo discusses financial sector reforms and IMF cooperation with Fund Executive Director

    The Central Bank of the Republic of Kosovo reported that Governor Ahmet Ismaili met IMF Executive Director Yigit Yaşar to discuss financial sector developments, strategic priorities and continued IMF cooperation. Ismaili outlined plans to strengthen risk-based supervision, align regulation with European standards and implement the 2024-2028 Strategic Plan, alongside reforms in governance, payment systems, digitalisation, consumer protection and financial market development. The meeting also reviewed IMF technical assistance on financial stability, banking supervision, macroprudential policy and capacity building.

    Policy & regulationCooperationCross-border cooperation
  • 2026-06-03ItalyBank of Italy

    Bank of Italy releases three research papers on AI adoption EU bond pricing and Decontribuzione Sud

    The Bank of Italy published three Occasional Papers on Italian firms’ use of artificial intelligence, the pricing of European Union bonds and the effects of the Decontribuzione Sud payroll tax relief. The research finds rising but below EU-average AI adoption with potential productivity gains, a persistent spread of around 50 basis points on EU bonds due to index exclusion and a narrower investor base, and evidence that Decontribuzione Sud mainly reduced labour costs and improved SME performance without measurable effects on employment, wages or investment.

    ResearchOther
  • 2026-06-03ItalyBank of Italy

    Bank of Italy publishes experimental household wealth distribution data for fourth quarter 2025 showing higher net wealth and slightly wider inequality

    The Bank of Italy released updated experimental Distributional Wealth Accounts for Italian households through the fourth quarter of 2025, showing average net wealth of EUR 453,000 per household, up from EUR 431,000 in 2024. Wealth remained highly concentrated, with the top 10 per cent holding 60.6 per cent of net wealth, the bottom half 7.2 per cent, and the Gini index rising to 72.2, while lower-wealth households’ assets were concentrated in dwellings and deposits compared with more diversified holdings among wealthier groups.

    Data & statisticsEconomic data and developments
  • 2026-06-03UkraineNational Bank of Ukraine

    National Bank of Ukraine says it had no legal basis to block Sense Bank appointments and opens proceedings on Mykola Hladyshenko

    The National Bank of Ukraine clarified it does not select candidates for governing bodies of state-owned banks and had no legal grounds to refuse approval of Sense Bank nominees, limiting its role to post-nomination fitness, propriety and independence assessments. It opened administrative proceedings to reassess the independence of supervisory board member Mykola Hladyshenko, and noted that while Sense Bank was fined UAH 51.8 million in 2023 and 2025 for anti-money laundering and counter-terrorist financing breaches, follow-up reviews confirmed remedial measures and there is no basis to treat its conduct as systemic violations.

    SupervisionInterventionsHiring and recruitment