Back to tracker

Article archive

Showing 14,801–14,900 of 51,468 updates · Page 149 of 515

  • 2026-05-07GlobalWorld Bank

    World Bank prices AUD 2 billion 5.5 year Sustainable Development Bond due November 2031 on over AUD 6.5 billion orders

    The World Bank has priced an AUD 2 billion 5.5-year Sustainable Development Bond due November 14, 2031, with a 5.00% fixed coupon and a spread of 34.75 basis points over the November 2031 Australian government bond, yielding 5.016%. Proceeds will finance eligible sustainable development activities under the World Bank’s framework, with demand reflected in an orderbook exceeding AUD 6.5 billion from bank treasuries, asset managers and official institutions. The bond will settle on May 14, 2026, be listed on the Luxembourg Stock Exchange, and is jointly led by Commonwealth Bank of Australia, Deutsche Bank, RBC Capital Markets and TD Securities.

    Policy & regulationImplementation, projects & pilotsSecurities offerings and listings
  • 2026-05-07South KoreaBank of Korea

    Bank of Korea reports official foreign reserves rose to USD 427.9 billion at end-April

    The Bank of Korea reported that Korea’s official foreign reserves rose to USD 427.9 billion at end-April 2026, up USD 4.2 billion from end-March. The reserves comprised securities of USD 384.1 billion (89.8%), deposits of USD 18.8 billion (4.4%), Special Drawing Rights of USD 15.8 billion (3.7%), gold of USD 4.8 billion (1.1%), and an International Monetary Fund position of USD 4.5 billion (1.0%), with Korea ranking twelfth globally in foreign reserve holdings as of end-March 2026.

    Data & statisticsBalance of payments and other external statistics
  • 2026-05-06AngolaAngola Capital Markets Commission

    Angola Capital Markets Commission approves KYROS Asset Management registration as a collective investment undertaking management company

    The Angola Capital Markets Commission has approved the registration of KYROS Asset Management SGOIC, S.A. as a management company for collective investment undertakings under its supervision. The firm is authorised to manage one or more collective investment undertakings, market participation units, and provide investment advisory services.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-05-06United Arab EmiratesDubai Financial Services Authority

    Dubai Financial Services Authority launches first joint Quality Management audit inspections across the UAE with the Ministry of Economy and Tourism and Capital Market Authority

    The Dubai Financial Services Authority, UAE Ministry of Economy and Tourism, and Capital Market Authority have launched their first joint Quality Management audit inspections to coordinate oversight of auditors across the UAE. The inspections will review audit firms’ implementation of International Standards on Quality Management 1 to promote consistent assurance processes for financial services firms operating in multiple jurisdictions and are described as a first step toward closer supervisory coordination and more tailored information sharing.

    SupervisionReviews, inspections & stress testsAuditing
  • 2026-05-06CanadaBritish Columbia Financial Services Authority

    British Columbia Financial Services Authority confirms Prospera and Sunshine Coast move to federal oversight after merger into Coast Capital Savings

    The British Columbia Financial Services Authority announced that Prospera Credit Union and Sunshine Coast Credit Union have received federal Letters Patent to continue as federal credit unions under the Bank Act and amalgamate with Coast Capital Savings Federal Credit Union, effective 6 May 2026. The amalgamation ends BCFSA regulation of Prospera and Sunshine Coast, with oversight moving to the federal framework and eligible member deposits shifting from coverage by the provincial Credit Union Deposit Insurance Corporation to the Canada Deposit Insurance Corporation.

    SupervisionAuthorisations & approvalsLicence withdrawal
  • 2026-05-06GlobalInternational Monetary Fund

    International Monetary Fund staff calls for moderate fiscal adjustment in Luxembourg and continued vigilance on financial system risks

    The International Monetary Fund’s staff concluding statement for its 2026 Article IV mission to Luxembourg highlights a tepid, uneven recovery, a softening labour market, a shift from a 1 percent of GDP surplus in 2024 to a 2 percent deficit in 2025, and projected growth of 1.2 percent in 2026 amid rising inflation and downside risks. While assessing the financial system as resilient, staff calls for fiscal adjustment focused on containing current expenditure, better-targeted social and energy support, tax base broadening, reform of the fiscal rule, and stronger macroprudential measures, including higher releasable capital buffers and tighter mortgage standards.

    Policy & regulationInternational standards & recommendationsEconomic data and developmentsFinancial stability and systemic risk
  • 2026-05-06GlobalInternational Monetary Fund

    International Monetary Fund staff reaches staff-level agreement on Serbia's third Policy Coordination Instrument review

    International Monetary Fund staff and Serbian authorities have reached a staff-level agreement on the third review under Serbia’s Policy Coordination Instrument, pending management and Executive Board approval. The program sets a fiscal deficit ceiling of 3.0 percent of GDP in 2026-27, withdrawal of recent fuel excise cuts, cautious monetary policy with possible tightening if energy price shocks persist, and contingency measures based on targeted support and capital spending reprioritization. Structural priorities include actuarial and tax expenditure analyses, stronger VAT compliance, more rigorous public investment appraisal, energy SOE reform, and faster business environment improvements.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-05-06United StatesU.S. Department of Justice

    U.S. Department of Justice secures two 18 month prison sentences in North Korea laptop farm cases that generated over USD 1.2 million

    The U.S. Department of Justice sentenced U.S. nationals Matthew Isaac Knoot and Erick Ntekereze Prince to 18 months in prison each for facilitating Democratic People’s Republic of Korea (DPRK) remote IT workers in schemes that generated more than USD 1.2 million for the DPRK and affected nearly 70 U.S. companies. The cases, which involved false or stolen identities, laptop farms, and false reporting to the IRS and Social Security Administration, also resulted in significant remediation costs for victim firms. The actions are part of the Department’s National Security Division and FBI DPRK RevGen Domestic Enabler Initiative targeting DPRK revenue-generation schemes and U.S.-based facilitators.

    EnforcementInvestigations & enforcement actionsFraud and scams
  • 2026-05-06CanadaDepartment of Finance (Canada)

    Department of Finance Canada highlights Spring Economic Update measures including CAD 352.7 million for a new Financial Crimes Agency and a proposed ban on crypto ATMs

    The Department of Finance Canada’s Spring Economic Update includes measures to combat money laundering, fraud and extortion, such as legislation to create a new Financial Crimes Agency with multi-year funding, more resources for the Financial Transactions and Reports Analysis Centre of Canada, and continued work on a National Anti-Fraud Strategy. The government also plans legislation to ban crypto ATMs, citing studies that 85 to 98 per cent of related transactions are illicit and caused CAD 142 million to CAD 284 million in losses in 2024.

    Policy & regulationRules & requirementsAML and CFT
  • 2026-05-06PeruSuperintendencia de Banca, Seguros y AFP del Peru

    Superintendency of Banking, Insurance and Private Pension Fund Administrators of Peru authorizes Nacional de Seguros as Peru’s 18th insurer

    The Superintendency of Banking, Insurance and Private Pension Fund Administrators of Peru has authorized Nacional de Seguros S.A. to operate as the 18th insurance company in the Peruvian market, focusing on general insurance with an emphasis on surety and bond insurance. The authorization followed technical, legal and prudential assessments of its business model, governance, capital and risk management, and the firm must still show its capital stock is listed on a stock exchange before commencing operations.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-05-06ItalyBank of Italy

    Bank of Italy outlines digital euro platform role and says one data centre will be located in Italy

    The Bank of Italy outlined its role in designing and operating the digital euro platform at a European Parliament conference, confirming that one of the platform’s data centres will be located and managed in Italy. Officials highlighted the Bank’s experience with TARGET Instant Payment Settlement as a basis for its contribution and noted growing convergence among political groups on the proposed digital euro regulation, which is being examined by the Committee on Economic and Monetary Affairs with a timeline targeting possible issuance in 2029.

    Policy & regulationImplementation, projects & pilotsCBDC
  • 2026-05-06Dominican RepublicPensions Superintendency (SIPEN)

    Dominican Republic's Pensions Superintendency awards pensions literacy seal to Claro Dominicana after 90 percent of staff completed training

    The Dominican Republic's Pensions Superintendency awarded its "Here We Know About Pensions" seal to Claro Dominicana, the first telecommunications company in the country to receive this certification, after over 4,000 employees completed a virtual course on the Dominican Pension System. The seal, which recognises staff training on pension rights, obligations and the role of pension fund administrators, is valid for two years, after which Claro must undergo recertification with an updated course.

    SupervisionAuthorisations & approvalsCapacity building
  • 2026-05-06UkraineNational Bank of Ukraine

    National Bank of Ukraine sets out formal position on Sense Bank with supervisory board compliance and CEO qualification reviews under way

    The National Bank of Ukraine reiterated that Sense Bank JSC’s nationalization was driven by sanctions-related risks to financial stability and depositors, and is reviewing the supervisory board’s compliance and the chief executive’s qualifications. It detailed extensive post-nationalization supervision, including inspections, referrals to law enforcement, and discovery of a concealed parallel management structure linked to former sanctioned shareholders. The NBU rejected claims of inaction or influence over tariff policy and confirmed profits are being retained or used to cover losses, with dividends to the state expected only from 2028 under the recapitalization program.

    SupervisionReviews, inspections & stress testsCapital adequacyFinancial stability and systemic risk
  • 2026-05-06ChileChile Financial Market Commission

    Chile Financial Market Commission warns that Soluciones FX Flow Markets and Gate.io related entities are not authorized to provide supervised investment services

    The Chile Financial Market Commission has warned that Soluciones FX, Flow Markets and a group of Gate.io-related entities are not registered or authorized to provide services subject to its supervision. The authority urged investors to verify on its website whether firms are supervised and registered in Chile, to search for complaints or negative information, and to exercise caution regarding unsolicited approaches, pressure to act quickly and unusually high promised returns.

    SupervisionAlertsUnlicensed or unauthorized activity
  • 2026-05-06ChileCentral Bank of Chile

    Central Bank of Chile opens registration for second National Financial Education Olympiad for secondary school students

    The Central Bank of Chile has launched the second edition of its National Financial Education Olympiad for final-year secondary school students, run through its Central in Your Life programme with INACAP. The competition, aligned with the school curriculum, assesses knowledge of economics, civic education, personal finance, the financial system, current economic developments and the role of the central bank, and offers prizes of up to CLP 1,000,000 per student and equivalent incentives for teacher tutors.

    Financial literacy & educationFinancial literacy and education
  • 2026-05-06SerbiaNational Bank of Serbia

    National Bank of Serbia reports 11.3 million IPS transactions in April with 1 second average execution time

    The National Bank of Serbia reported that its IPS NBS instant payment system processed 11,336,918 transactions in April 2026, averaging 377,897 payments per day with an average execution time of 1.0 second. Total turnover reached RSD 146.9 billion, with an average daily turnover of RSD 4,897.0 million.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-05-06SerbiaNational Bank of Serbia

    National Bank of Serbia reports 18.8 million April payments in RTGS and clearing systems with 99.2% availability

    The National Bank of Serbia published April 2026 operating data for its domestic and foreign exchange payment systems, reporting 18.8 million payments processed over 20 working days, with Serbian dinar real-time gross settlement (RTGS) accounting for 95.1% of volume and RSD 16,639.0 billion of value. System availability was 99.2% for RTGS and clearing and 99.1% for interbank and international foreign exchange clearing, which processed EUR 324.7 million of transactions.

    Data & statistics
  • 2026-05-06AlgeriaAlgeria Market Authority (COSOB)

    Algeria Market Authority presents listed company disclosure rules to financial reporting officers and market promoters

    The Algeria Market Authority held a technical information session on Regulation No. 25-04, which governs disclosure by listed companies. The rule sets how required information must be published and disseminated and is intended to reinforce compliance and market transparency.

    Policy & regulationGuidance & interpretationAccounting and financial reportingDisclosures
  • 2026-05-06Dominican RepublicSuperintencencia de Bancos de la Republica Dominicana

    Superintendency of Banks of the Dominican Republic seeks ProUsuario user feedback and outlines new features as the app exceeds 500000 subscriptions

    The Superintendency of Banks of the Dominican Republic met with users of its ProUsuario mobile app to gather feedback as subscriptions surpassed 500,000. The authority is developing new functions, including blocking promotional calls to landlines and features for companies, complementing existing tools for complaints, credit checks, account verification, indebtedness comparison, deposit verification, channel location, marketing opt-outs and financial education.

    SupervisionSupervision approach, priorities & toolkitConsumer and investor protection
  • 2026-05-06United StatesNational Association Of Insurance Commissioners

    National Association of Insurance Commissioners names Jeffrey C. Johnston permanent chief executive officer effective June 1 2026

    The National Association of Insurance Commissioners has appointed Jeffrey C. Johnston as permanent chief executive officer, effective 1 June 2026, following his tenure as interim CEO. He will oversee NAIC operations and work with state and territorial insurance regulators on strategic priorities including financial oversight, data modernization, resilience, and responsible innovation.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-06IsraelBank of Israel

    Bank of Israel says concentration group designation for five largest banks is disproportionate and duplicative of existing deposit measures

    The Bank of Israel criticised the Israel Competition Authority’s designation of the five largest banking groups as a concentration group and related deposit directives as extreme, disproportionate and unlikely to materially improve customer welfare, noting that many measures already exist under current banking rules. It warned the move could undermine regulatory certainty, deter investment, and lacks persuasive evidence of net competitive benefits or full systemic analysis. The Bank stressed some directives require its consent, which was not granted, and said such declarations should be reserved for exceptional cases after more proportionate alternatives are examined.

    Policy & regulationGuidance & interpretationCompetition and market structure
  • 2026-05-06CanadaOntario Securities Commission

    Ontario Securities Commission issues 2026 Risk Assessment Questionnaire with June 17 2026 deadline for registrants

    The Ontario Securities Commission has issued its 2026 Risk Assessment Questionnaire for registrants, a supervisory data collection used to support risk-based oversight, examination planning and evidence-based decision-making. Registrants active as of December 31, 2025 must complete and submit the questionnaire through the OSC Electronic Filing Portal, with access details and supporting materials provided by the OSC.

    SupervisionRegulatory reportingSupervision process and methodologies
  • 2026-05-06GeorgiaNational Bank of Georgia

    National Bank of Georgia lifts refinancing rate by 25 bp to 8.25 % on 6 May 2026

    National Bank of Georgia’s Monetary Policy Committee raised the refinancing rate 25 bp to 8.25 %—its first increase since January 2025—citing a Middle East-related supply shock that pushed April headline inflation to 5.9 % versus the 3 % target. The bank warned of further tightening if external price pressures endure but will shift to gradual normalisation once inflation is on a clear path back to target.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-05-06PolandCentral Bank of Poland

    National Bank of Poland keeps reference rate unchanged at 3.75%

    Poland’s Monetary Policy Council on 6 May left the reference rate at 3.75 %, with the deposit and lombard rates at 3.25 % and 4.25 %, marking a second straight hold after 200 bp of cuts completed in March; the Council cited a fuel-driven uptick in April CPI to 3.2 % y/y, slowing Q1 growth, labour-market softness and geopolitical uncertainty, and said it remains ready to intervene in FX markets and will keep policy data-dependent.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-05-06AzerbaijanCentral Bank of Azerbaijan

    Central Bank of the Republic of Azerbaijan holds refinancing rate at 6.50% and maintains 5.50–7.50% corridor (6 May 2026)

    Central Bank of the Republic of Azerbaijan kept the refinancing rate at 6.50% and the 5.50%–7.50% corridor on 6 May 2026, noting March headline/core inflation of 5.6%/5.5% sit within its 4 ± 2 pp band but external cost and geopolitical pressures pose upside risks. After cumulative 75 bp easing since July 2025, the bank said future moves will depend on updated inflation and macro data and it is ready to tighten before the 24 June decision if needed.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-05-06AlbaniaBank of Albania

    Bank of Albania keeps base rate unchanged at 2.5%

    Bank of Albania left the base rate at 2.5 %, maintaining the 1.5 %–3.5 % corridor, as January–February consumer inflation averaged 2.4 % and activity stayed robust. The Council sees low imported inflation and a stronger lek containing price pressures but warns Middle East energy risks could threaten price stability and says it stands ready to act.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-05-06AlbaniaBank of Albania

    Bank of Albania keeps base rate unchanged at 2.5%

    Bank of Albania left the base rate at 2.5 %, maintaining the 1.5 %–3.5 % corridor, as January–February consumer inflation averaged 2.4 % and activity stayed robust. The Council sees low imported inflation and a stronger lek containing price pressures but warns Middle East energy risks could threaten price stability and says it stands ready to act.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-05-06United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking Housing and Urban Affairs ranking member Elizabeth Warren asks Experian Equifax and TransUnion how BNPL loans are handled in credit reports

    Ranking Member Elizabeth Warren of the U.S. Senate Committee on Banking, Housing, and Urban Affairs and three other senators have sent letters to Experian, Equifax and TransUnion seeking details on how Buy-Now-Pay-Later (BNPL) products are incorporated into credit reports. The lawmakers cite inconsistent BNPL data reporting, opaque credit reporting and scoring practices, and risks that credit reporting companies may mis-handle BNPL tradelines, product returns and consumer data in ways that could adversely affect credit scores.

    Policy & regulationOtherCredit risk
  • 2026-05-06CanadaBritish Columbia Securities Commission

    British Columbia Securities Commission obtains guilty plea over breach of permanent director and officer ban

    The British Columbia Securities Commission reported that British Columbia resident Marcel Anil Rada pleaded guilty in North Vancouver Provincial Court to breaching a commission order under the Securities Act by acting as a director and officer of issuers despite a 2017 permanent ban. The ban stemmed from a 2011 Investment Industry Regulatory Organization of Canada decision in which Rada admitted to undisclosed fee arrangements on CAD 205,000 of client investments and facilitating off-book transactions.

    EnforcementInvestigations & enforcement actions
  • 2026-05-06LibyaCentral Bank of Libya

    Central Bank of Libya opens recruitment in Tripoli for graduates and experienced professionals

    The Central Bank of Libya has launched recruitment for roles at its Tripoli headquarters under an institutional development strategy. It is hiring through two tracks, one for recent graduates with no prior experience and another for experienced professionals.

    Institutional developmentWorkforce & recruitmentHiring and recruitment
  • 2026-05-06IndiaReserve Bank of India

    Reserve Bank of India issues new authorised persons foreign exchange regulations and updates money changing and remittance rules

    The Reserve Bank of India has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026, rationalising the framework for authorising persons under the Foreign Exchange Management Act, 1999, to improve foreign exchange service delivery and ease compliance. The regulations amend the Master Directions on Money Changing Activities and Other Remittance Facilities and supersede 11 earlier A.P. (DIR Series) circulars issued between November 2000 and September 2015.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-05-06CanadaFinancial Transactions and Reports Analysis Centre of Canada

    Financial Transactions and Reports Analysis Centre of Canada updates administrative monetary penalties approach for post March 26 2026 violations with higher maximum penalties and new compliance tools

    The Financial Transactions and Reports Analysis Centre of Canada has outlined how it will apply a new administrative monetary penalties framework under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act for violations occurring on or after 26 March 2026, following amendments in the Strengthening Canada’s Immigration System and Borders Act. The changes significantly expand FINTRAC’s enforcement toolkit, including the ability to prescribe new violations, increase maximum penalties by up to 40 times, require mandatory compliance agreements, and use compliance orders, while maintaining the existing regime for earlier violations.

    Policy & regulationRules & requirementsAML and CFT
  • 2026-05-06CanadaDepartment of Finance (Canada)

    Department of Finance Canada announces Elio Luongo appointment to Canada Pension Plan Investment Board for three year term

    The Department of Finance Canada announced the appointment of Elio Luongo to the Board of Directors of the Canada Pension Plan Investment Board for a three-year term. The update relates to the governance of CPP Investments, the arm’s-length manager responsible for investing Canada Pension Plan assets in a diversified portfolio, with directors selected by the federal government in consultation with participating provincial governments.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-06United KingdomFinancial Conduct Authority

    Financial Conduct Authority confirms investigation into Mastercard PayPal and Visa over suspected anti-competitive conduct linked to PayPal digital wallet

    The Financial Conduct Authority has opened investigations into Mastercard, PayPal and Visa under Chapter I of the Competition Act 1998, and into Mastercard and Visa under Chapter II, over suspected anti-competitive conduct related to the funding and use of PayPal’s digital wallet. The authority stressed it has reached no conclusions, made no findings of infringement, and that its Competition Act powers are distinct from its Financial Services and Markets Act 2000 enforcement framework.

    EnforcementInvestigations & enforcement actionsCompetition and market structure
  • 2026-05-06South AfricaSouth African Reserve Bank

    South African Reserve Bank Governor warns geopolitical conflict, debt, imbalances and market risks are rising and says South Africa must stay on reform path

    The South African Reserve Bank published a speech by Governor Lesetja Kganyago warning that geopolitical conflict, high sovereign debt, large global imbalances and growing financial market vulnerabilities are creating a more difficult environment for monetary policy, which must keep inflation expectations anchored and return inflation to target after shocks via timely interest rate moves. He highlighted United States public debt above 120% of gross domestic product, global imbalances near 150-year highs, a USD2.5 trillion opaque private credit market and extreme artificial intelligence valuations, while noting South Africa’s relative resilience but stressing that inflation is not yet anchored at the 3% target, debt is high, growth is about 1% and further fiscal adjustment and domestic reform are required.

    Monetary policyMonetary policy assessments & outlooksGeopolitical riskFinancial stability and systemic risk
  • 2026-05-06NetherlandsDe Nederlandsche Bank

    De Nederlandsche Bank publishes podcast on past inflation shocks and central bank response options

    De Nederlandsche Bank has released a podcast in which its economists review past economic shocks, including the 1970s oil crises and the 2022 inflation peak, to explain central bank options when energy prices rise and inflation accelerates. Presented as explanatory rather than policy guidance, the discussion highlights price stability as a core task and stresses that intervention depends on the duration and severity of a crisis, with additional focus on the challenges of stagflation compared with inflation alone.

    Research
  • 2026-05-06NetherlandsDe Nederlandsche Bank

    De Nederlandsche Bank details second-stage checks for pension funds after 24 more entered the new pension system

    De Nederlandsche Bank reports that for pension funds that have moved to the new pension system, supervision has shifted from assessing pre-transition choices to verifying that the transition has been executed as intended, including a new “assessment point 2” to confirm the accuracy and completeness of transition calculations and data. As of 1 January 2026, 30 pension funds had transitioned, covering more than half of all pension participants, with efforts focused on finalising benefit payments, individual pension assets and IT checks. The central bank is also engaging with funds planning to transition this year or next, drawing on lessons from early movers.

    SupervisionReviews, inspections & stress testsOther
  • 2026-05-06MontenegroCentral Bank of Montenegro

    Central Bank of Montenegro clarifies Municipality of Budva account freeze followed public bailiff order and denies political influence

    The Central Bank of Montenegro clarified its role in the enforced collection procedure involving the Municipality of Budva, stating the account freeze on 29 April was based solely on an enforcement decision issued by a competent public bailiff. It rejected allegations of acting without prior notice or political influence, emphasising that it does not initiate proceedings, assess debts, or notify debtors, and that its review is limited to the formal validity of enforcement orders, with legal responsibility resting with the issuing bailiff.

    EnforcementEnforcement frameworkOther
  • 2026-05-06IndonesiaOJK

    Indonesia Financial Services Authority reports March bank credit growth accelerated to 9.49 percent with SME lending returning to growth

    The Indonesia Financial Services Authority reported continued expansion of banking intermediation in March 2026, with total loans up 9.49 percent year on year to IDR 8,659.05 trillion and third-party funds up 13.55 percent to IDR 10,230.81 trillion, while key risk indicators remained contained. Loan growth was broad-based and driven mainly by construction, household and manufacturing sectors, with investment loans up 20.85 percent and corporate lending up 14.88 percent. Small and medium-sized enterprise lending returned to marginal positive growth at 0.12 percent year on year to IDR 1,498.64 trillion, with non-performing loans at 4.60 percent.

    Data & statisticsLendingAsset quality
  • 2026-05-06GeorgiaNational Bank of Georgia

    National Bank of Georgia keeps countercyclical capital buffer cyclical component unchanged and raises unhedged foreign currency loan threshold to GEL 1 million

    The National Bank of Georgia’s Financial Stability Committee left the cyclical component of the countercyclical capital buffer unchanged, while the joint Financial Stability and Monetary Policy Committee cut by 5 percentage points the upper bound of the temporarily increased reserve requirement on foreign currency liabilities, returning it to its previous level. The Financial Stability Committee also raised the threshold for unhedged foreign currency loans to GEL 1,000,000 from GEL 750,000, as the banking sector maintains healthy capital and liquidity and credit growth remains below its long-term trend.

    Policy & regulationRules & requirementsCapital adequacyLiquidity risk
  • 2026-05-06SingaporeMinistry of Finance (Singapore)

    Singapore Ministry of Finance says rising household liabilities do not directly affect the overall fiscal position

    Singapore’s Ministry of Finance stated that reports of household liabilities growing faster than household assets have no direct impact on Singapore’s overall fiscal position, which is driven by government revenues and expenditures. It added that the Monetary Authority of Singapore works with other agencies to monitor household leverage and promote prudent borrowing, and referred queries on possible intervention to an earlier parliamentary reply.

    SupervisionRisk monitoring & watch pointsFinancial and market indicatorsFinancial stability and systemic risk
  • 2026-05-06KosovoMinistry of Finance (Kosovo)

    Kosovo Ministry of Finance participates in EU annual economic and financial dialogue and reaffirms Growth Plan reforms

    Kosovo’s Finance Ministry reported that Minister Hekuran Murati joined the Annual Economic and Financial Dialogue in Brussels, held alongside the Economic and Financial Affairs Council meeting. He highlighted Kosovo’s 3.6% growth despite external shocks and reaffirmed reforms under the Growth Plan for economic development and EU integration. The ministry called the dialogue, which gathered EU presidency finance ministers and representatives of the European Commission and European Central Bank, a key platform for coordinating economic policies and aligning with EU standards.

    Policy & regulationCooperationOther
  • 2026-05-06GlobalInternational Monetary Fund

    International Monetary Fund staff reaches staff level agreement with Democratic Republic of Congo on third ECF review and second RSF review and completes 2026 Article IV consultation

    IMF staff concluded the 2026 Article IV mission to the Democratic Republic of Congo and reached a staff-level agreement on the third review of its Extended Credit Facility and second review of its Resilience and Sustainability Facility, noting resilient growth but stressing the need for faster reforms, prudent monetary policy and more transparent, efficient use of public resources, including Eurobond proceeds. Staff projected real GDP growth above 5.5 percent in 2025–26, inflation at or below 2.5 percent, reserves of USD 8.8 billion still below adequacy benchmarks, and missed fiscal targets due to conflict pressures, and called for stronger public financial management, governance and climate-related reforms. The agreement is subject to approval by IMF management and the Executive Board.

    Policy & regulationPeer reviews and country evaluationsOther
  • 2026-05-06UkraineUkraine National Commission on Securities and Stock Market

    National Securities and Stock Market Commission of Ukraine approves corporate investment fund termination rules and advances securitisation and wartime securities measures

    The National Securities and Stock Market Commission of Ukraine adopted measures including a new regulation on terminating corporate investment funds, positions on draft laws on securitisation, covered bonds and corporate governance, and draft decisions on public offerings, local loan bonds and corporate bond conversions during martial law. It updated its 2026 rulemaking plan and 2025 activity report, confirmed the transformation-based termination of the State Institution Agency for Development of Stock Market Infrastructure of Ukraine, and approved an implementation plan linked to the Government and National Bank letter of intent and memorandum. Supervisory and licensing actions covered sanctions adjustments for Freedom Finance Ukraine LLC, changes to issuer securities restrictions, investor warnings, securities registrations and cancellations, and approvals of key control function appointments.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-05-06FranceBank of France

    Bank of France launches 2026-2027 EDUCFI action plan and extends Passeport EDUCFI to all Year 9 students

    The Bank of France, with the economy and education ministries, announced a 2026-2027 action plan for France’s national financial education strategy, focused on broader access, stronger digital distribution of trusted content, expansion of the school-based Passeport EDUCFI and a new European AI project under EDUCFI+. Passeport EDUCFI will be generalised to all Year 9 students, extended to savings, investment, insurance, scams and cyber risk, with emphasis on vulnerable groups and entrepreneurs, and the EDUCFI label will be broadened for neutral, reliable, free content. France will lead development of EDUCFI+, an AI tool for personalised, certified guidance, the strategy will continue to use OECD assessments, and Governor François Villeroy de Galhau is appointed France’s first national ambassador for financial education.

    Financial literacy & educationFinancial literacy and education
  • 2026-05-06GreeceMinistry of National Economy and Finance (Greece)

    Greece's Ministry of National Economy and Finance advances debt relief measures and reports 2,172 April out-of-court restructurings worth EUR 588 million

    Greece's Ministry of National Economy and Finance reported continued growth in the out-of-court debt workout mechanism, with 2,172 new restructurings in April covering initial debts of EUR 588 million and a cumulative 60,388 restructurings totalling EUR 18.64 billion. The ministry plans legislative changes to separate primary residences from other assets, lower the entry threshold to EUR 5,000, ease bank account seizures after partial repayment, and introduce up to 72-instalment plans for debts created by end-2023. It also reported EUR 290 million of bilateral loan restructurings with the four largest servicers across 3,252 debtors.

    Policy & regulationRules & requirementsOther
  • 2026-05-06UkraineNational Bank of Ukraine

    National Bank of Ukraine to hold 14 May online workshop on monetary transmission in emerging markets

    The National Bank of Ukraine will host an online workshop on 14 May 2026 on monetary policy transmission in emerging markets, focusing on how financial systems shape the pass-through of policy signals to inflation and the real economy under uncertainty and repeated supply shocks. The programme features a keynote by Claudio Borio on global macrofinancial stability challenges and a lecture by Selim Elekdag on integrating the financial sector into policy frameworks, with contributions from international central banks, academic institutions and CEPII.

    Financial literacy & educationMonetary policy decisions and developments
  • 2026-05-06United KingdomThe Pensions Regulator

    United Kingdom The Pensions Regulator tells defined benefit schemes to focus on endgame planning as 60 percent reach buyout surplus

    The Pensions Regulator has issued its latest Annual Funding Statement for trustees and sponsoring employers of occupational defined benefit schemes, setting expectations under the new funding regime as schemes move from deficit recovery to endgame planning. It notes that, as at 31 December 2025, 60% of schemes were in surplus on a buyout basis, 80% on a low dependency basis and 90% on a technical provisions basis, and that around 80% of schemes should be able to meet the Fast Track approach. The regulator will shortly publish a statement on surplus release issues, and the Annual Funding Statement flags proposed changes to surplus release rules in the Pensions Scheme Bill, which received Royal Assent on 29 April 2026.

    Policy & regulationGuidance & interpretation
  • 2026-05-06Dominican RepublicPensions Superintendency (SIPEN)

    Dominican Republic's Pensions Superintendency awards Claro Dominicana pensions literacy seal as first telecom company certified

    The Dominican Republic’s Pensions Superintendency (SIPEN) has awarded its “Here We Know About Pensions” seal to Claro Dominicana, the first telecommunications company in the country to obtain this certification, after 90% of its staff completed required training on the Dominican Pension System. The seal, valid for two years, forms part of a SIPEN initiative to ensure employees understand their pension rights, duties and interactions with pension fund administrators.

    Policy & regulationImplementation, projects & pilotsCapacity building
  • 2026-05-06United StatesNew York State Department of Financial Services

    New York State Department of Financial Services approves Shandaken and Olive Banking Development District with USD 10 million deposit for Ulster Savings branch

    The New York State Department of Financial Services and the State Comptroller designated the towns of Shandaken and Olive as a Banking Development District and placed a USD 10 million state deposit with Ulster Savings Bank’s Phoenicia branch. The state’s 59th such designation aims to expand access to banking services in an underserved area and makes the branch eligible for state deposits, with the bank offering targeted products and financial education. As of May 1, 2026, the Comptroller held about USD 540 million in deposits with 13 institutions operating branches in Banking Development Districts statewide.

    Policy & regulationImplementation, projects & pilotsMarket development
  • 2026-05-06United StatesCommodity Futures Trading Commission

    Commodity Futures Trading Commission settles Treasury futures spoofing charges against Sidney Lebental with USD 200000 penalty and one month trading ban

    The Commodity Futures Trading Commission settled spoofing charges against Sidney Lebental related to Ultra U.S. Treasury Bond futures trading on the Chicago Board of Trade. Lebental will pay a USD 200,000 civil monetary penalty, is barred from trading commodity interests for one month, and must cease and desist from further spoofing violations, after the CFTC found he engaged in approximately 50 spoofing episodes in correlated Treasury instruments between January and September 2019.

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2026-05-06OmanOman Financial Services Authority

    Oman Financial Services Authority reports Dhamani handled 11.2 million transactions and 3.3 million claims since January 2025

    The Oman Financial Services Authority said Dhamani has processed more than 11.2 million digital transactions, 3.3 million claims and over RO 59 million in payments since launching in January 2025. It said the platform has improved transparency, oversight and processing efficiency across health insurance, while the wider sector reached about RO 119.7 million in premiums and around 650,000 insured individuals. Coverage still stands at roughly 13% of the population.

    Policy & regulationImplementation, projects & pilotsFintech and insurtechMarket development
  • 2026-05-06FranceFrance Autorite des marches financiers

    France's Financial Markets Authority unveils 2026 to 2028 financial education plan to increase women's participation in investing

    The France Autorité des marchés financiers has announced its 2026–2028 financial education plan, centred on a new women and investment action plan in response to persistent underrepresentation of women among investors. The authority will launch a qualitative study in 2026 to identify barriers and levers for women’s investment and use the findings to define a dedicated financial education strategy for 2027, alongside measures such as a new women and investment section on its retail investor website.

    Financial literacy & educationFinancial literacy and education
  • 2026-05-06FranceFrance Autorite des marches financiers

    French Financial Markets Authority publishes professional certification overview covering mandatory AMF certification routes and sustainable finance exam

    The French Financial Markets Authority has published an overview of its professional certification regime, confirming that general AMF certification is mandatory for staff in eight key functions at investment services providers and for financial investment advisers, and can be obtained via the AMF exam or, for investment services providers, internal knowledge verification. The update details the structure and validity of the general AMF exam and the voluntary Sustainable Finance exam, and republishes from 1 January 2025 the lists of AMF-certified organisations authorised to administer both.

    Policy & regulationGuidance & interpretation
  • 2026-05-06MoldovaNational Commission for Financial Markets

    Moldova's National Commission for Financial Markets approves submission of EU aligned insurance distribution bill to Ministry of Finance

    The National Commission for Financial Markets has approved submission of a draft insurance distribution law to the Ministry of Finance, aligned with the EU Insurance Distribution Directive and focused on customer protection, transparency, professional responsibility and conflict-of-interest prevention. The bill would harmonise rules across insurers and intermediaries, introduce uniform competence requirements, strengthen pre-contractual disclosure and suitability assessments, and impose product governance obligations on manufacturers, with additional client protection rules for insurance-based investment products.

    Policy & regulationRules & requirementsSales and distribution
  • 2026-05-06LaosBank of the Lao

    Bank of the Lao completes participation in ASEAN+3 and ADB meetings focused on regional financial cooperation and cross-border payments

    The Bank of the Lao reported its delegation’s participation in the 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting and the 59th Asian Development Bank Board of Governors’ Annual Meeting in Samarkand, Uzbekistan. ASEAN+3 members reviewed macroeconomic conditions and endorsed priority work on regional financial safety nets, bond market development, disaster risk financing and digital cross-border payment connectivity, including a central bank dialogue. At the ADB meeting, participants focused on connectivity, data and finance for development, with plans to increase investment and reforms to strengthen regional connectivity amid heightened geopolitical risks.

    Policy & regulationCooperationOther
  • 2026-05-06United StatesNational Credit Union Administration

    United States National Credit Union Administration launches eleventh deregulation round with proposed USD 10 billion management interlocks threshold and share insurance simplification

    The United States National Credit Union Administration has issued the eleventh Deregulation Project proposals, targeting removal of obsolete, burdensome, and duplicative requirements. The proposals would raise the major assets prohibition threshold for certain management interlocks under the Depository Institution Management Interlocks Act to USD 10 billion, eliminate a presumption of non-anticompetitive interlocks, and streamline share insurance rules for federally insured state-chartered credit unions by deleting duplicative cross-references in 12 CFR 741.

    Policy & regulationRules & requirementsRegulatory burden
  • 2026-05-06EuropeEuropean Securities and Markets Authority

    European Securities and Markets Authority urges proportionate supervision after MiFID II sustainability review finds uneven firm practices

    The European Securities and Markets Authority has published findings from its Common Supervisory Action on integrating sustainability into MiFID II suitability assessments and product governance, identifying uneven practices across firms and jurisdictions. ESMA sets interim supervisory expectations on client preference collection, product categorisation and matching, portfolio approaches, and target market assessments, and asks national competent authorities to prioritise dialogue over enforcement during the transition, except in cases of clear breaches or mis-selling. ESMA will use the results to inform potential updates to the MiFID II Delegated Acts and ESMA Guidelines on suitability and product governance.

    SupervisionReviews, inspections & stress testsESG
  • 2026-05-06SpainSpanish Securities Commission (CNMV)

    Spanish Securities Commission appoints Javier Hernández López to lead Studies and Statistics Department from 1 June

    The Spanish Securities Commission has appointed Javier Hernández López as director of its Studies and Statistics Department, effective 1 June, succeeding Eudald Canadell. Hernández currently serves as deputy director for financial analysis at the General Secretariat of the Treasury and International Financing, where he has focused on financial market monitoring, policy analysis and financial stability issues in domestic and international forums.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-05-06EuropeEuropean Central Bank

    European Central Bank working paper finds Q learning can amplify fund redemption fragility while large language models weaken coordination

    The European Central Bank published a working paper analysing how different artificial intelligence architectures could affect financial stability via investor redemption behaviour in mutual fund “run” scenarios. The study finds that Q-learning investors coordinate easily but exhibit a systematic redemption bias under default risk, amplifying fragility, while large language model investors reason in expected-value terms and are less affected by default risk but display weaker coordination and lower predictability.

    ResearchArtificial intelligence
  • 2026-05-06EuropeEuropean Central Bank

    European Central Bank publishes working paper finding floods temporarily raise lending but increase default rates by about 0.7 percentage points

    The European Central Bank has published a Working Paper analysing how major floods in Europe affect bank lending and credit quality, using Copernicus flood maps matched with AnaCredit loan-level data for four events between 2021 and 2024. Lending to affected firms increases by about 3.5% to 5% in the quarter of the flood and then contracts by a similar amount, while default rates on pre-existing loans rise persistently by around 0.7 percentage points over two quarters. Demand factors drive the credit response, and relationship banks extend more credit but require more collateral.

    ResearchClimate risk and sustainable financeFinancial stability and systemic riskLending
  • 2026-05-06EuropeEuropean Central Bank

    European Central Bank blog post finds digital banks reprice deposits faster than peers while loan rates remain stickier

    The European Central Bank has published research on how digital banks affect monetary policy transmission in the euro area, using supervisory data for over 170 institutions from 2016 to 2025. During the 2022-23 tightening phase, digital banks raised household deposit rates faster and by more than traditional banks, compressing margins and slowing lending growth. Early evidence from the 2024-25 easing phase shows faster cuts to new deposit rates that support margins but weaken their deposit-gathering advantage. The post argues that stress testing and supervisory reviews should focus more on retail funding composition and stability and banks’ capacity to absorb margin pressure from rapid repricing.

    Research
  • 2026-05-06TajikistanNational Bank of the Republic of Tajikistan

    National Bank of the Republic of Tajikistan reports foreign exchange purchase auction results with 7 participants and weighted average rate of 9.3724 TJS per USD

    The National Bank of the Republic of Tajikistan published results of its 6 May 2026 foreign exchange purchase auction, which attracted seven participants. Satisfied bids ranged from USD 500,000 to USD 7,000,000 at a weighted average rate of 9.3724 TJS per USD.

    Monetary policyMonetary policy instruments & operationsOther
  • 2026-05-06ThailandThailand Securities & Exchange Commission

    Thailand Securities and Exchange Commission spotlights investment scam prevention and reporting channels at Money Expo 2026

    The Thailand Securities and Exchange Commission will run a public programme at Money Expo 2026 under the theme “The Mission Against Investment Scams” to raise awareness of scam tactics and promote channels for reporting misconduct and seeking guidance. The initiative features three zones covering capital market and digital asset products, investor protection, and complaint and inquiry channels, alongside seminars on safe investing, digital-era risks and crowdfunding for small businesses.

    Financial literacy & educationFraud and scams
  • 2026-05-06GhanaBank of Ghana

    Bank of Ghana outlines digital finance agenda at 3i Africa Summit with virtual asset regime digital credit rules and open banking

    The Bank of Ghana Governor outlined the next phase of digital finance at the 3i Africa Summit, shifting from basic payments to higher-value services such as digital credit, embedded finance, supply chain finance and cross-border offerings. He highlighted work on virtual asset regulation, digital credit guidelines, open banking and cross-border fintech, stressing that key challenges now concern fragmentation, cost and regulatory alignment rather than basic access. Priorities include clearer regulatory processes, stronger digital identity and KYC frameworks, better data quality, improved institutional coordination and support for indigenous firms to scale.

    Policy & regulationReform agendas & prioritiesFintech and insurtechFinancial inclusion
  • 2026-05-06GhanaBank of Ghana

    Bank of Ghana urges cross border coordination to scale interoperable digital finance across Africa

    The Bank of Ghana First Deputy Governor used closing remarks at the 3i Africa Summit 2026 to argue that Africa’s financial development should focus on scaling and connecting existing digital finance capabilities, rather than creating new models, to overcome fragmented payment systems and limited interoperability. While not announcing new measures, he outlined a policy direction calling for more active roles by governments and regulators, stronger digital public infrastructure, enhanced supervisory capacity, deeper cross-border partnerships, and closer attention to risks including cybersecurity, data misuse, irresponsible lending and market concentration.

    Policy & regulationReform agendas & prioritiesCross-border cooperationPayments and payment systems
  • 2026-05-06EstoniaFinantsinspektsioon

    Estonian Financial Supervision and Resolution Authority withdraws Crowdestate AS crowdfunding licence while payment institution licence remains valid

    The Estonian Financial Supervision and Resolution Authority has withdrawn the crowdfunding service provider licence of Crowdestate AS, effective 13 April, following the company’s own application. Crowdestate AS may no longer provide crowdfunding services, but its payment institution licence remains valid, and it must ensure proper performance of existing contracts and protection of clients’ interests.

    SupervisionAuthorisations & approvalsLicence withdrawal
  • 2026-05-06EstoniaFinantsinspektsioon

    Estonian Financial Supervision and Resolution Authority withdraws Admiral Markets AS investment firm licence after company request

    The Estonian Financial Supervision and Resolution Authority has withdrawn the investment firm licence of Admiral Markets AS at the company’s request, ending its provision of investment services under Estonian supervision. Admiral Markets AS has terminated all client relationships, with remaining client assets repayable via related investment firm Admirals Europe Ltd in Cyprus, which will continue to provide Admiral Markets-branded services in Europe, including Estonia, on a cross-border basis.

    SupervisionAuthorisations & approvalsLicence withdrawal
  • 2026-05-06FranceMinistry of Economics & Finance (France)

    France's Ministry of the Economy and Finance adopts 2026-2027 financial education plan and generalises the EDUCFI passport to all 4e students

    France’s Ministry of the Economy and Finance announced that the strategic committee for the national economic, budgetary and financial education strategy (EDUCFI) has adopted a 2026-2027 action plan to widen access to economic and financial education, including rolling out the EDUCFI Passport to all 4e students. The plan strengthens digital delivery, expands training for all citizens including vulnerable groups, enhances the EDUCFI label, pilots AI-based personalised guidance under the EDUCFI+ project, and reinforces the passport in vocational and upper secondary education. The committee also appointed Bank of France Governor François Villeroy de Galhau as national ambassador for financial education.

    Financial literacy & educationFinancial literacy and education
  • 2026-05-06EuropeEuropean Banking Federation

    European Banking Federation co-hosts EU Switzerland financial services roundtable ahead of regulatory dialogue

    The European Banking Federation and the Swiss Finance Council co-hosted the EU–CH Industry Roundtable on Financial Services in Brussels on 4 May, bringing together European Union and Swiss financial sector associations. Participants discussed competitiveness, regulatory simplification, sustainable finance and digital innovation ahead of the upcoming European Union–Switzerland Regulatory Dialogue.

    Policy & regulationCooperationCross-border cooperationClimate risk and sustainable finance
  • 2026-05-06CanadaCanada Deposit Insurance Corporation

    Canada Deposit Insurance Corporation provides 180 day transitional coverage for Prospera and Sunshine Coast deposits after Coast Capital merger

    The Canada Deposit Insurance Corporation has confirmed that, following the merger of Prospera Credit Union and Sunshine Coast Credit Union with Coast Capital Savings Federal Credit Union, eligible deposits are now protected under the federal deposit insurance framework. Pre-existing eligible deposits at Prospera and Sunshine Coast remain covered under a 180-day transitional regime (or to maturity for term deposits), after which all balances and new deposits fall under CDIC’s CAD 100,000 per deposit category limit. Deposits under the Prospera and Sunshine Coast Financial trade names are aggregated with Coast Capital deposits for CDIC coverage.

    Policy & regulationGuidance & interpretationMergers and acquisitions
  • 2026-05-06DenmarkDanish Finanstilsynet

    Danish Financial Supervisory Authority requires credit intermediaries to register by 20 November 2026

    The Danish Financial Supervisory Authority will require firms acting as credit intermediaries to be registered from 20 November 2026, extending oversight beyond existing pre-contractual disclosure rules. Unregistered credit intermediation after that date may be subject to fines or imprisonment of up to four months, and certain credit intermediaries will also fall within scope of the new Anti-Money Laundering Regulation from 10 July 2027.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2026-05-06United Arab EmiratesCentral Bank of the UAE

    Central Bank of the UAE launches second Global Money Week from 11 to 15 May under Smart Money Talks theme

    The Central Bank of the UAE, in partnership with the National Financial Wellbeing and Sustainability Initiative Zoud, has launched the second UAE edition of Global Money Week, a national financial awareness campaign running from 11 to 15 May 2026. Under the theme Smart Money Talks, the campaign aims to strengthen financial literacy and family financial resilience, promote saving and financial planning, and support safe, responsible use of digital financial tools by children and young people, in line with the UAE’s National Financial Inclusion Strategy.

    Financial literacy & educationFinancial literacy and educationFinancial inclusion
  • 2026-05-06GlobalFinancial Markets Standards Board

    Financial Markets Standards Board admits Morgan Stanley Investment Management as Full Member

    The Financial Markets Standards Board announced that Morgan Stanley Investment Management has joined as a Full Member, expanding its asset manager and owner membership. Morgan Stanley Investment Management will participate in the Standards Board, committees, working groups and the Asset Manager and Owner forum, contributing a practical buy-side perspective to the development of standards and guidance for wholesale financial markets.

    Institutional developmentMandate & organizational structureHiring and recruitment
  • 2026-05-06EuropeAuthority for Anti-Money Laundering and Countering the Financing of Terrorism

    European Union's Authority for Anti-Money Laundering and Countering the Financing of Terrorism sets out cross border intelligence mandate and structured cooperation with Europol

    The EU Authority for Anti-Money Laundering and Countering the Financing of Terrorism outlined its role in tackling serious organised crime through a single set of AML/CFT rules, more consistent supervision across Member States, and EU-level financial intelligence coordinated across 27 national Financial Intelligence Units. The Chair highlighted joint cross-border case analysis as central to mapping criminal financing, noting that AMLA’s intelligence can connect cases, surface previously unidentified individuals, and support asset tracing and confiscation. AMLA is building structured cooperation with Europol, Eurojust, the European Public Prosecutor’s Office and OLAF, and urged full engagement by national police authorities.

    Policy & regulationCooperationAML and CFTCross-border cooperation
  • 2026-05-06EuropeAuthority for Anti-Money Laundering and Countering the Financing of Terrorism

    European Union Authority for Anti-Money Laundering and Countering the Financing of Terrorism chair outlines shift to an integrated European AML CFT system

    The Authority for Anti-Money Laundering and Countering the Financing of Terrorism Chair Bruna Szego used a keynote at the ACAMS Germany 10th Anniversary event to outline the Authority’s role in shaping the future of anti-money laundering and countering the financing of terrorism in Europe. She characterised financial crime as a strategic risk in the current geopolitical environment and called for a shift from fragmented national approaches to a more integrated European system.

    Policy & regulationReform agendas & prioritiesAML and CFT
  • 2026-05-06GlobalBank for International Settlements

    Bank for International Settlements bulletin finds carry trades amplify exchange rate responses to monetary tightening with 25 basis point shocks linked to 4 percent CHF and nearly 10 percent JPY moves

    The Bank for International Settlements has published a staff bulletin finding that monetary policy transmission to exchange rates depends on currency carry trade activity. Using non-commercial positions in Chicago Mercantile Exchange currency futures, the study shows that a 25 basis point tightening surprise can move the Swiss franc by about 4 percent and the Japanese yen by almost 10 percent against the US dollar when carry trades are elevated, driven by leveraged position unwinds. The bulletin concludes that exchange rate modelling and central bank monitoring may need to account more explicitly for leveraged investors and non-bank financial intermediaries.

    ResearchForeign exchange policy and markets
  • 2026-05-06MontenegroMontenegro Capital Market Authority

    Montenegro Capital Market Authority publishes list of entities identified or suspected of operating without authorization in capital markets and crypto-asset services

    The Montenegro Capital Market Authority has published a preventive list of legal and natural persons it has identified, or reasonably suspects, as operating contrary to applicable rules or without required authorization to provide capital market and crypto-asset services. The authority urges investors to exercise heightened caution, verify counterparties’ registration and authorization status through its channels, and views the measure as supporting investor protection, transparency and market integrity.

    SupervisionAlertsSanctions list update
  • 2026-05-06MoldovaNational Bank of Moldova

    National Bank of Moldova outlines capital market modernization and covered bond potential for housing finance at ECBC plenary

    The National Bank of Moldova said Governor Anca Dragu, speaking at the European Covered Bond Council plenary, named capital market development a priority to diversify funding, support long-term investment and advance Moldova’s European integration, highlighting covered bonds to refinance mortgage portfolios and broaden the investor base. She linked mortgage market growth and housing affordability to financial stability, sustainability and consumer protection, and cited progress in market infrastructure, including strengthening the Single Central Securities Depository, launching the Moldova International Stock Exchange with the Bucharest Stock Exchange, expanding public access to government securities via the e-VMS platform and approving a national taxonomy for sustainable finance.

    Policy & regulationReform agendas & prioritiesMarket development
  • 2026-05-06EuropeEuropean Commission

    European Commission launches feedback on revised ESRS and voluntary sustainability reporting standard for smaller companies with value chain cap

    The European Commission has launched a public feedback process on draft final revised European Sustainability Reporting Standards and a draft voluntary sustainability reporting standard for smaller companies, under the Omnibus I simplification package of the Corporate Sustainability Reporting Directive. The revised standards would cut mandatory datapoints by over 60% and total datapoints by over 70%, simplify materiality assessments, and are expected to reduce reporting costs per company by more than 30%, while the voluntary standard would apply to companies outside mandatory CSRD scope and cap information that in-scope companies can require from value chain partners with 1,000 employees or fewer.

    Policy & regulationRules & requirementsAccounting and financial reporting
  • 2026-05-06EuropeEuropean Commission

    European Commission explains CSRD value chain cap tied to voluntary sustainability reporting standard for companies with up to 1000 employees

    The European Commission has issued a Q&A on the new value chain cap in the Omnibus I Directive, clarifying limits on sustainability data CSRD reporters may request from value chain companies. For CSRD reporting, entities with 1,000 or fewer employees cannot be asked for more information than in the draft voluntary sustainability reporting standard, and only disclosures marked “necessary” count toward the cap, with a lower cap for entities with 10 or fewer employees. The cap applies only to CSRD reporting; non-CSRD companies are not required to use the voluntary standard or provide information. CSRD reporters may seek information beyond the cap only if they label it as such and acknowledge the counterparty’s right to refuse.

    Policy & regulationGuidance & interpretationAccounting and financial reporting
  • 2026-05-06GhanaBank of Ghana

    Bank of Ghana deputy governor calls for harmonised eKYC and cross border interoperability to make instant payments inclusive

    The Bank of Ghana First Deputy Governor used a keynote at the 3i Africa Summit 2026 to argue that inclusive instant payment systems are core economic infrastructure for Africa, requiring real-time, low-cost, interoperable networks to translate digital access into everyday use. He highlighted persistent fragmentation and high costs and outlined a reform agenda focused on coordinated execution among regulators and industry, streamlined and harmonised electronic know your customer frameworks, aligned licensing regimes and stronger cross-border cooperation, noting Ghana’s efforts to enhance instant payment platforms and inter-scheme interoperability.

    Policy & regulationReform agendas & prioritiesCross-border payments
  • 2026-05-06UzbekistanMinistry of Finance (Republic of Uzbekistan)

    Uzbekistan Ministry of Finance details first public interest entity register and 2027 IFRS aligned standards rollout

    The Ministry of Finance of Uzbekistan reported progress on reforms to align national accounting, auditing and financial reporting with International Financial Reporting Standards and other international standards. Measures include creating a legal status and register for public interest entities and phasing in new IFRS‑aligned national standards from 1 January 2027. The ministry confirmed reimbursement of successful international accounting certification exam costs from the Republican budget through 2028, issuance of a new standard on accounting policies and estimates, recognition of translated IFRS amendments, submission of a revised Law on Accounting and Financial Reporting, and completion of translations of all 50 International Standards on Auditing. It also noted growth in internationally certified specialists and auditors, deployment of the Audit software platform, and preparations for the third mutual evaluation of the national AML/CFT/CPF system.

    Policy & regulationReform agendas & prioritiesAccounting and financial reporting
  • 2026-05-06UzbekistanMinistry of Finance (Republic of Uzbekistan)

    Uzbekistan Ministry of Economy and Finance holds conference on digital transformation and green public procurement

    The Ministry of Economy and Finance of Uzbekistan hosted an international conference on the digital transformation of public procurement and the development of green public procurement. Participants discussed modernising the institutional and legal framework, introducing green procurement criteria and a national eco-label system, and using digital technologies, including AI, to enhance transparency, reduce corruption risks and improve long-term economic and environmental efficiency.

    Policy & regulationCooperationOther
  • 2026-05-06EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision links prudential supervision to risk-based reforms and internal model streamlining in conference speech

    European Central Bank Banking Supervision Chair Claudia Buch used a speech at the Dewatripont Fest conference to restate the rationale for prudential supervision and link it to the ECB’s risk-based approach, including escalation up to licence withdrawal. She highlighted streamlined internal model reviews, the Single Supervisory Mechanism supervisory culture initiative, and continued focus on credible intervention, complex business models, governance, and risk management. Buch cautioned that euro area banks’ resilience during the March 2023 turmoil should not lessen vigilance amid elevated geopolitical risks and reduced fiscal shock-absorption capacity.

    SupervisionSupervision approach, priorities & toolkitPrudential risks
  • 2026-05-06GlobalFinancial Action Task Force

    Financial Action Task Force places Singapore in regular follow-up after mutual evaluation finds gaps in beneficial ownership controls and risk-based enforcement

    The Financial Action Task Force and the Asia Pacific Group on Money Laundering issued a mutual evaluation finding Singapore’s AML/CFT/CPF regime broadly strong and well-coordinated but needing more consistent risk-based outcomes, placing it in regular follow-up. Key weaknesses include limited verification of beneficial ownership data in ACRA’s registry, relatively low MAS enforcement, under-prioritisation of complex high-risk money laundering, and generalised proliferation financing controls despite Singapore’s high exposure as a trade, maritime and virtual asset hub.

    Policy & regulationPeer reviews and country evaluationsAML and CFT
  • 2026-05-06EuropeEuropean Central Bank

    European Central Bank's Cipollone says renewed energy shock raises likelihood of policy rate adjustment

    The European Central Bank published a keynote speech by Executive Board member Piero Cipollone warning that the renewed energy shock from the war in Iran and the Middle East is pushing euro area inflation higher and weakening activity, increasing the likelihood that policy rates may need adjustment. He noted headline inflation rose to 3% in April, driven by a 10.9% increase in energy prices, and that conditions are drifting away from the March baseline, prompting reliance on updated adverse and severe scenarios in the June projections. Cipollone added that fiscal support should be temporary, tailored and targeted, with the longer-term response focused on reducing fossil fuel dependence and deepening energy market integration.

    Monetary policyMonetary policy assessments & outlooks
  • 2026-05-06Middle EastIslamic Development Bank

    Islamic Development Bank reaffirms Azerbaijan partnership and outlines planned 2027 to 2031 strategy ahead of June annual meetings

    The Islamic Development Bank reported that its chairman met Azerbaijan’s president in Baku to discuss deepening the strategic partnership ahead of the 2026 IsDB Group Annual Meetings and reaffirmed support for Azerbaijan’s Vision 2030. The Bank highlighted that it has provided about USD 1.8 billion in development financing to Azerbaijan since 1992 and plans a 2027–2031 Member Country Partnership Strategy to expand cooperation in economic diversification, regional integration, infrastructure and sustainable development.

    Policy & regulationCooperationOther
  • 2026-05-06LebanonCentral Bank of Lebanon

    Central Bank of Lebanon reports USD 372 million net rise in foreign currency assets despite recent decline

    The Central Bank of Lebanon reported that foreign currency assets rose by about USD 372 million between April 2025 and April 2026 to approximately USD 11.43 billion. A USD 516 million decline from February through April followed earlier gains and was attributed to geopolitical conditions, higher cash payments and valuation effects.

    Data & statisticsBalance of payments and other external statistics
  • 2026-05-06TaiwanTaiwan Financial Services Commission

    Taiwan Financial Services Commission reports TWD 497.73 billion net foreign selling as of April 30 and USD 26.420 billion net inward remittances in April

    The Taiwan Financial Services Commission reported that foreign investors were net sellers of TWD 497.73 billion in TWSE and TPEx shares combined as of 30 April 2026, with net selling of TWD 523.69 billion in TWSE-listed shares and net buying of TWD 24.04 billion in TPEx-listed shares. April net inward remittances from offshore foreign and mainland area investors totaled USD 26.420 billion, bringing 2026 year-to-date net inward remittances to USD 44.272 billion and raising the cumulative net inward remittance balance to USD 364.432 billion from USD 338.012 billion at end-March.

    Data & statisticsBalance of payments and other external statistics
  • 2026-05-06TaiwanCentral Bank of Taiwan

    Central Bank of Taiwan reports foreign exchange reserves rose to USD 602.49 billion at end-April

    The Central Bank of Taiwan reported foreign exchange reserves of USD 602.49 billion at end-April 2026, an increase of USD 5.60 billion from the previous month driven by reserve management returns, exchange rate movements and operations to smooth capital flows. The market value of securities investment and New Taiwan dollar deposits held by foreign portfolio investors was USD 1,614.9 billion, equivalent to 268% of foreign exchange reserves.

    Data & statisticsBalance of payments and other external statistics
  • 2026-05-06SyriaCentral Bank of Syria

    Central Bank of Syria discusses linking financial transfer systems and regulatory sandbox requirements with communications ministry

    The Central Bank of Syria and the Ministry of Communications and Information Technology discussed measures to interconnect financial transfer systems and enhance digital infrastructure to make transfer services faster and more efficient. The meeting also addressed data-linking requirements, cybersecurity and digital protection, and called for simpler procedures and improved user experience to expand money transfer usage. A presentation outlined requirements for a regulatory sandbox to test new digital financial solutions in a controlled environment.

    SupervisionInnovation & testingCross-border paymentsMarket infrastructureRegulatory sandbox
  • 2026-05-06SyriaCentral Bank of Syria

    Central Bank of Syria launches 2026 to 2030 strategy with five pillars and more than 30 initiatives

    The Central Bank of Syria has outlined its 2026–2030 strategy to strengthen monetary and financial stability and build a modern financial system that supports economic recovery. The plan is structured around five pillars: monetary stability, an orderly foreign exchange market, financial sector soundness and integrity, secure digital payments, and deeper integration with the global financial system and financial inclusion, to be delivered through more than 30 programmes and initiatives. Implementation is progressing through phased priorities with periodic monitoring, and the central bank will refine its policies and tools with partners to support economic stability and sustainable growth.

    Policy & regulationReform agendas & priorities
  • 2026-05-06SingaporeMonetary Authority of Singapore

    Monetary Authority of Singapore says remuneration committees are already expected to comprise only non executive directors and points to executive pay KPI disclosure proposals

    The Monetary Authority of Singapore said Singapore Exchange Listing Rules and the Code of Corporate Governance already require remuneration committees to comprise only non-executive directors on a comply-or-explain basis and mandate disclosure of remuneration paid to each director. It highlighted proposals to require listed companies to disclose key performance indicators used to determine executive directors’ pay and their alignment with long-term shareholder value, and noted that the Corporate Governance Advisory Committee is reviewing the Code to further enhance governance and disclosure standards.

    Policy & regulationRules & requirementsCorporate governance
  • 2026-05-06SingaporeMonetary Authority of Singapore

    Monetary Authority of Singapore outlines SGX RegCo measures to improve listed company Scope 1 and 2 emissions disclosure reliability before FY2029 assurance mandate

    The Monetary Authority of Singapore outlined a framework to support accurate, reliable Scope 1 and 2 emissions disclosures by listed companies from FY2025, ahead of mandatory external limited assurance from FY2029. It focuses on robust internal processes, data governance, internal controls, board oversight, mandatory use of the Greenhouse Gas Protocol, enhanced methodological transparency, and SGX Regulation monitoring and enforcement. Reporting capability has improved, with Scope 1 reporting rising from 50% to 87% and Scope 2 from 61% to 93% between 2023 and 2025.

    Policy & regulationGuidance & interpretationClimate risk and sustainable financeDisclosures
  • 2026-05-06Hong KongFinancial Services and the Treasury Bureau (Hong Kong)

    Hong Kong Financial Services and the Treasury Bureau uses ADB annual meeting to promote catastrophe bonds tokenised green bonds and tax treaty negotiations

    At the Asian Development Bank annual meeting in Samarkand, Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, promoted Hong Kong as a financing, risk management and trade facilitation hub, highlighting market diversification, secondary listings and technology-enabled growth. He encouraged use of Hong Kong’s markets and professional services for catastrophe and tokenised green bond issuance, and discussed potential double taxation agreements, green bond cooperation and an Asian gold ecosystem with several member countries.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2026-05-06Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority alerts public to reported fraudulent bank websites phishing emails and other scams

    The Hong Kong Monetary Authority issued a public alert highlighting bank press releases on fraudulent websites, fake internet banking login screens, phishing emails and other scams. It reiterated that banks do not send embedded hyperlinks for transactions or request sensitive information such as login or one-time passwords by phone, email or SMS, and advised affected individuals to contact their bank and report cases to the Crime Wing Information Centre of the Hong Kong Police Force.

    SupervisionAlertsFraud and scams
  • 2026-05-06United Arab EmiratesDubai International Financial Centre

    Dubai International Financial Centre reports insurance and reinsurance premiums rose to USD 4.2bn in 2025 with 28 new firms authorised

    Dubai International Financial Centre reported continued expansion of its insurance and reinsurance market, with gross written premiums rising 20 per cent to USD 4.2bn in 2025, double 2022 levels, and premiums brokered from DIFC increasing to more than USD 3.4bn. The centre now hosts over 135 insurance and reinsurance firms, with growth led by property and liability lines, supported by marine, aviation and transport, alongside 28 new insurance-related authorisations in 2025 and early 2026.

    Data & statisticsOther