The Hong Kong Monetary Authority has published a warning about a fraudulent website impersonating Hong Kong Interbank Clearing Limited and offering false buyer refund services. The site directs users to fraudsters posing as customer service personnel on WhatsApp.
The Monetary Authority of Singapore outlined the next phase of work to expand growth capital, exit options and financing capabilities for scaling companies. SGX has recorded 21 new listings raising $4.1 billion in financial year 2026 so far, alongside measures to attract more regional and global investors.
The Dutch Authority for the Financial Markets has signed a five-year covenant continuing its recognition of DSI registration as a way to demonstrate investment professionals’ competence from Jan. 1, 2027. The requirements remain unchanged, and firms may use other methods if they can document and demonstrate compliance. An independent audit found the covenant effective and efficient.
The Bank of Spain reported that Spain’s net lending stood at EUR 65.3 billion, or 3.7% of GDP, in the 12 months through July 2026, below recent highs but above the pre-pandemic average. The current account surplus eased to 2.7% of GDP as non-tourism trade and income balances deteriorated, while tourism and the capital account remained strong.
De Nederlandsche Bank reported EUR 72 billion of inbound foreign direct investment in the first half of 2026, led by the United States and Germany. A concurrent rise in outbound investment suggests that much of the capital was routed through the Netherlands to other countries.
The Austrian Financial Market Authority has warned of growing investment fraud through messenger groups, citing 843 reports and EUR 20 million in losses in 2025. Consumers should verify providers and reject requests for remote access or credentials, while suspected victims should promptly contact their bank, police and the relevant platform.
The Algeria Market Authority extended AYRADE Spa’s deadline for publishing its first half 2026 financial information to Oct. 30, 2026.
The South African Reserve Bank reported USD 75.95 billion in official reserve assets at the end of August 2026, including USD 50.78 billion in foreign currency reserves and USD 17.995 billion in gold. Contingent short-term foreign currency liabilities totaled USD 4.58 billion.
Egypt Financial Regulatory Authority Chair Islam Azzam said Basel III standards will apply to the nonbank finance sector from January 2027, covering credit, market and operational risks. The authority is also studying a central anti-fraud system, AI-enabled supervision and full electronic links with supervised companies. It may review responsible pricing rules to balance financing growth with customer protection.
Egypt Financial Regulatory Authority Chair Islam Azzam reported that women held 26.9% of nonbank financial company board seats in 2025 and represented 52.8% of microfinance beneficiaries by the end of the second quarter. The authority has combined governance and fee incentives with stronger identity, credit-check and behavioral assessment safeguards. Azzam also reiterated that regulated short selling is expected to launch within weeks as Egypt expands derivatives, hedge funds and market making.
The Norwegian Financial Supervisory Authority found weaknesses in SpareBank 1 Østlandet’s corporate credit controls, expected loss estimates and IRB practices. Frequent policy deviations, uncertain provisions and potentially overstated collateral values create a risk of understated losses and capital needs. The bank is taking corrective measures and must address errors affecting regulatory capital calculations.
Sweden’s Riksbank minutes show unanimous support for holding the policy rate at 1.75 percent while raising the projected rate path. Stronger growth, a weaker krona and persistent supply disruptions make an initial increase likely in 2026, with several members pointing to November or another meeting before year-end.
Sveriges Riksbank Deputy Governor Per Jansson supported keeping the policy rate at 1.75 percent while significantly raising the projected rate path, with increases expected to begin in 2026 if the outlook remains unchanged. Strong demand, supply constraints, higher oil product prices and a weaker krona have increased inflation risks, but moderate initial inflation and uncertainty supported holding the rate in September.
Sveriges Riksbank Governor and Basel Committee Chair Erik Thedéen called for strong, modern and relevant banking supervision in a changing world.
Securities Commission Malaysia and Bank Negara Malaysia’s Joint Committee on Climate Change introduced initiatives to strengthen sustainability expertise, academic collaboration and the pipeline of bankable climate and nature projects. A new professional association is expected to launch by the end of 2026, while partnerships with six universities and the Climate Finance Innovation Lab will support risk management, project readiness and access to financing.
European Central Bank Vice-Chair of the Supervisory Board Frank Elderson outlined a more risk-focused supervisory model combining explicit risk tolerance, simpler processes and faster escalation of unresolved weaknesses. The ECB has discontinued around 40 of more than 100 reviewed guidance publications, reduced stress testing data points by about 55% and sharply shortened several approval processes. Elderson also defended strong prudential standards and called for timely, full Basel III implementation and closer international cooperation on emerging risks.
The Monetary Authority of Macao and two local banks completed Macao institutions’ first mBridge-based cross-border settlement for a bond investment. The transaction involved multicurrency digital green bonds issued by the Hong Kong government and used the link between Macao’s securities depository and Hong Kong’s Central Moneymarkets Unit.
The National Bank of the Republic of Tajikistan and Commerzbank discussed new SWIFT standards, payment system development, banking digitalization and financial infrastructure. They also addressed green finance, sustainable project support and international reserve management, while supporting continued technical exchanges and consultations.
The National Bank of the Republic of Tajikistan discussed SWIFT standards, AML/CFT controls, correspondent banking and international payments with US Federal Reserve Bank representatives. The parties also supported further technical consultations, training and practical exchanges on monetary policy, supervision, payment systems and financial security.
The Abu Dhabi Global Market Financial Services Regulatory Authority has warned that E-Community is suspected of fraudulently claiming to be based and regulated in the financial center. The entity has never held Financial Services Permission or been incorporated or commercially licensed there.
The Reserve Bank of Fiji has issued user guidelines for applying the Green Finance Taxonomy launched in December 2025. The guidance explains how to assess investments against technical criteria, Do No Significant Harm requirements and minimum social safeguards, with case studies covering green loans and sustainable investments.
The South Korea Financial Services Commission has opened sales of the second KRW 600 billion Public Participation Growth Fund, with half initially reserved for lower-income investors and previous subscribers excluded. Deputy Chairman Kwon Dae-young told distributors to explain that the tax-advantaged fund has a five-year lockup, does not protect principal and carries investment risk.
South Korea's Financial Services Commission has detailed revised procedures for the second Youth Future Savings Account round, with applications from Oct. 7 to 16 and account openings from Nov. 16 to 27. Applicants must select their eligibility category, while small business owners need valid certificates for all operating businesses. Youth Leap Account holders may switch under a special termination process, and eligible military trainees may apply by smartphone.
The South Korea Financial Services Commission opened the second regional center combining financial, debt adjustment, employment and welfare support with private banking services. It also detailed an expansion of the small business support package from KRW 10.5 trillion to KRW 12.3 trillion, including KRW 7.8 trillion for firms facing operating pressures. Korea Asset Management Corporation’s New Start Fund has been added to the integrated referral system.
South Korea’s Ministry of Economy and Finance reviewed reforms covering international won settlement, foreign securities firms’ funding and settlement liquidity, and extended stock trading hours. A won settlement pilot is operating ahead of a January 2027 full launch, while further broker borrowing and collateral changes are scheduled for the fourth quarter of 2026. Investors also called for preparation and pilot testing before any move to T+1 stock settlement.
The Bank of Korea reported that the average rate on new loans rose 13 basis points to 4.40% in August 2026, while the new deposit rate held at 3.21%. Rates on outstanding loans and deposits increased to 4.40% and 2.20%, respectively.
The Hong Kong Monetary Authority reported seven credit approvals under the first Intellectual Property Financing Sandbox pilots, with loans ranging from HKD 1 million to HKD 39 million. Banks used independent patent and trademark valuations in their credit assessments, while the pilots identified opportunities to improve professional fee support, valuation processes and market capabilities.
The Monetary Authority of Singapore is consulting on stronger director independence, board composition and key appointment requirements for banks, insurers and designated financial holding companies. More systemically important or retail-focused institutions would face tighter standards, while lower-impact firms would receive streamlined approval requirements.
The Central Bank of Sri Lanka held the Overnight Policy Rate at 8.75%, judging that the effects of its May tightening and other measures had largely materialised. Headline inflation reached 8.0% in August and is expected to remain in high single digits through the first quarter of 2027 before easing toward the 5% target, with the central bank remaining data-dependent amid geopolitical and climate-related risks.
The Australian Financial Complaints Authority clarified that class actions concerning the Shield and First Guardian master funds do not automatically affect or prevent complaints through AFCA. It will assess overlaps case by case, particularly where the same loss is claimed, while continuing to process financial advice complaints normally.
The Australian Transaction Reports and Analysis Centre has begun issuing infringement notices to real estate, accounting and jewellery businesses over AML/CTF enrollment failures. Penalties start at AUD 21,840 for companies and AUD 4,368 for individuals and can accrue daily. The action follows the regime’s July 1, 2026, expansion to additional professional and property related sectors.
The Reserve Bank of Australia reported that total credit grew 0.6% in August and 8.4% over the year. Business credit recorded the strongest annual increase at 10.9%, compared with 7.3% for housing credit and 5.1% for personal credit.
The Reserve Bank of Australia released its latest overview of Australian economic and financial market trends. The Chart Pack uses data through Sept. 24, 2026, and includes selected developments among Australia’s main trading partners.
The Australian Securities & Investments Commission has renewed the licence exemption for low-volume financial markets and raised the annual transaction value threshold from AUD 1.5 million to AUD 2.5 million. Markets must continue to record no more than 100 completed transactions in any 12-month period, and the new instrument is scheduled to sunset on Oct. 1, 2031.
The Australian Prudential Regulation Authority has proposed stronger investment governance requirements for all superannuation trustees, with platform trustees expected to face the greatest impact. The reforms would introduce member level limits for higher risk investments, stronger conflict controls and proportionate oversight capabilities, while tightening expectations for onboarding, monitoring, remediation, valuations and accountability. The framework is expected to commence on Jan. 1, 2028, subject to consultation.
South Korea Financial Services Commission Chairman Lee Eog-weon discussed tokenized securities, T+1 settlement and market competitiveness with Nasdaq, DTCC and HKEX. The talks informed South Korea’s preparations for its February 2027 tokenized securities framework and highlighted the need for institutional coordination and extended planning for settlement reform. Nasdaq also shared experience with market segmentation, delistings and exchange traded products.
The Financial Services Commission aims to raise medical institutions' Silson24 connection rate from 47.7% to 80% to 90% by year-end through field support, incentives and simpler procedures. It may seek legislation clarifying connection duties and allowing fines for unjustified nonconnection. From Oct. 7, consumers will be able to complete claims directly within Naver Maps, Naver Pay and Toss.
South Korea’s Ministry of Economy and Finance reported a 1.3% monthly decline in August all-industry production, largely reflecting temporary automobile production disruptions and base effects. Retail sales and equipment investment fell, while construction recorded its first annual increase in 28 months. The ministry expects activity to rebound in September based on stronger sentiment, exports and investment-related indicators.
The South Korea Financial Supervisory Service reported that corporate equity and debt issuance fell 38% from July to KRW 16.3311 trillion in August 2026. Combined commercial paper and short-term bond issuance declined 14.9% to KRW 149.0692 trillion. Lower equity offerings, corporate bonds and financial debentures outweighed increases in IPO proceeds and asset-backed securities.
U.S. Senate Committee on Finance Ranking Member Ron Wyden demanded all FBI interview reports related to investigations of Jeffrey Epstein and his associates after his investigators identified an unreleased interview with a banker tied to Epstein. The request follows Wyden’s report alleging that three banks failed to screen and report at least USD 1.4 billion of suspicious transactions in a timely manner.
The Federal Deposit Insurance Corporation has concluded the independent monitorship of its workplace culture reforms. The agency has strengthened misconduct investigations and accountability, overhauled leadership and implemented all recommendations from the inspector general’s 2024 workplace culture audits.
The Australian Prudential Regulation Authority released selected domestic banking statistics for individual banks for August 2026, alongside a back series from March 2019. The September 2026 edition is scheduled for Oct. 30, 2026.
The Australian Securities and Investments Commission has set sector-specific supervisory priorities for 2026–27, covering AI, lender conduct, superannuation services, insurance practices and market integrity. The plans were coordinated with other regulators to reduce duplication and give regulated entities earlier visibility of upcoming supervisory work.
The Brazil Securities Commission accepted a BRL 2.39 million settlement with three individuals over suspected manipulation of TC S.A. shares and related trading restrictions. It rejected a separate proposal from five Sultepa administrators because of legal obstacles, the absence of monetary compensation for diffuse harm, the alleged conduct’s seriousness and some proponents’ records.
The Superintendency of Banks of the Dominican Republic found that annual growth in the personal credit card portfolio slowed from 17.2% to 2.1%, while balances reached DOP 125.429 billion. Arrears and defaults declined, and the review found no systemic household overindebtedness or broad accumulation of risk among financial intermediaries.
Mexico's Financial System Stability Council found that the domestic financial system remains sound and resilient, with bank capital and liquidity comfortably above regulatory minimums. It nevertheless flagged geopolitical tensions, monetary policy uncertainty and potential asset valuation corrections as global risks, while Mexican markets recorded currency, bond yield and equity volatility.
U.S. Senate Banking Committee Ranking Member Elizabeth Warren and four House members urged FERC to reject Global Infrastructure Partners’ proposed acquisition of AES Corporation. They warned that transaction costs, private equity incentives and BlackRock’s interests in both utilities and data centers could increase electricity rates for customers in Ohio and Indiana.
The U.S. Department of Justice secured James Vincent Campbell’s guilty plea for stealing more than USD 8.8 million intended for employee health insurance premiums and 401(k) contributions. The Axim Fringe Solutions Group founder and CEO faces up to five years in prison.
The Guernsey Financial Services Commission has notified businesses of amended details for the sanctioned entity Khatiba Jama'at al-Tawhid wal-Jihad. Businesses must screen for affected relationships, freeze relevant assets immediately and report findings to the Policy & Resources Committee, with regulated firms also required to notify the Commission.
The Federal Deposit Insurance Corporation and Federal Reserve Board found no shortcomings or deficiencies in the 2025 resolution plans of 15 banking organizations with more than USD 250 billion in assets. They also determined that BNP Paribas had satisfactorily addressed a shortcoming identified in its 2021 plan.
Federal Reserve Board Governor Michael Barr said further policy adjustments are likely as inflation remains too high and labor market risks have receded. He cited persistent price pressures from energy and AI related investment, while describing economic growth and employment as solid. AI could eventually lift productivity, but its medium term effects on inflation, labor markets and equilibrium interest rates remain uncertain.
Federal Reserve Board Governor Christopher Waller said AI could improve cross-border screening, routing and liquidity management while increasing cybersecurity risks. Scaling autonomous agent payments will require new authentication, liability and fraud controls, as well as decisions on interoperable standards and open versus closed commerce systems.
The Bank of Canada will begin using the Canadian Collateral Management Service for repo operations in the first quarter of 2027 and later plans to centrally clear those operations once market infrastructure is ready. It also clarified that it uses overnight and two-week term repos to manage funding pressures, even if settlement balances temporarily move outside the CAD 50 billion to CAD 70 billion estimated range. The Bank and the Office of the Superintendent of Financial Institutions separately affirmed that overnight use of the Standing Liquidity Facility is routine liquidity management.
Saudi Arabia's Capital Market Authority is consulting on requirements for Main Market companies to hold earnings calls twice a year, after market close and within five business days of announcing financial results. Companies would have to publicize the calls and immediately publish the presentation and recording, with the final provisions expected to apply from the announcement of annual results for the 2026 fiscal year.
Panama's Superintendency of the Securities Market has clarified the regulatory fee obligation for registered investment companies amending their offering prospectuses. The fee applies when the amendments affect the terms and conditions of the securities issuance.
Bulgaria's Financial Supervision Commission called for coordinated marketwide preparation and testing for the EU's transition to T+1 settlement. Participants are expected to complete the main analysis, solution development and implementation work by the end of 2026, with end-to-end testing covering transaction processing, settlement and discrepancy management.
The Montenegro Capital Market Authority is consulting on amendments to reporting and regulatory capital rules for open-ended investment funds with a public offering. The drafts cover monthly, semiannual and annual fund reports and Article 7 of the capital rules for fund management companies.
The U.S. Securities and Exchange Commission charged four entities with operating fake AI investment platforms that allegedly misappropriated more than USD 15.3 million from over 2,000 retail investors. The schemes allegedly used WhatsApp groups, fictitious profits and false claims of SEC regulation to attract funds and obstruct withdrawals.
The Financial Intelligence Unit of Mexico’s Ministry of Finance and Public Credit added 21 individuals and 25 legal entities designated by OFAC to Mexico’s List of Blocked Persons. The preventive measure followed findings of high risk transactions and reported irregularities among some subjects, but does not establish liability.
The U.S. Department of the Treasury sanctioned 10 individuals and entities involved in procuring weapons and dual use components for Iran’s Ministry of Defense and Armed Forces Logistics. The targets span Iran, China, Hong Kong, Pakistan, Saudi Arabia and Türkiye, and include networks supporting military aircraft, drones and ballistic missiles. Their U.S. linked property is blocked, and foreign financial institutions facilitating significant transactions may face secondary sanctions.
The U.S. Department of the Treasury sanctioned 21 individuals and 25 entities linked to the Sinaloa Cartel’s Los Mayos faction and its Tijuana and Mexicali operations. The action targets cartel leadership, trafficking and money laundering networks, allegedly corrupt officials and associated businesses, while exposing certain foreign financial institutions to secondary sanctions risk.
The Federal Reserve Bank of Minneapolis has appointed Kara Kersteter assistant vice president in its Research Division. She will oversee daily operations and manage support and technology services.
Federal Reserve Bank of Cleveland First Vice President and Chief Operating Officer Mark S. Meder will retire after more than 33 years at the bank. He will remain in the role through March 31, 2027, while an immediate search begins for a successor, and will then serve as a senior adviser during the transition.
The New York State Insurance Fund is seeking information from local financial institutions on connecting unbanked injured workers with Bank On certified accounts. The initiative aims to expand access to direct deposit, which delivers compensation seven to 10 days faster and avoids check cashing fees.
The Financial Industry Regulatory Authority Investor Education Foundation and the Association for Financial Counseling and Planning Education selected 30 military spouses for the 2026 fellowship cohort. Participants will work toward the Accredited Financial Counselor designation, joining a program whose fellows have served more than 289,700 service members and family members since 2006.
The Brazil Securities Commission will hear two enforcement cases on Sept. 29. The cases concern alleged financial reporting failures by administrators of Reag Capital Holdings and an allegedly unregistered public investment offering by Neo In Construções e Incorporações and Anderson Alves de Macedo.
The Bank of Canada and the Office of the Superintendent of Financial Institutions clarified that Standing Liquidity Facility use by Lynx participants is routine liquidity management. Automatic overnight advances are non-discretionary and are not considered exceptional liquidity measures or a sign of liquidity stress.
Argentina's Finance Minister Luis Caputo projected reserve purchases could approach USD 20 billion by year-end, compared with an implicit USD 10 billion IMF target. He forecast exports rising from about USD 100 billion to USD 180 billion by 2031 and reported USD 50 billion of approved large investment projects, with USD 150 billion awaiting approval.
The Central Bank of Luxembourg’s consumer confidence indicator fell to minus 10 in September 2026 from minus 8 in August. Assessments of household finances and major purchase intentions deteriorated, while expectations for the general economy remained stable.
Central Bank of Bahrain Governor Khalid Humaidan joined Arab central bank counterparts to discuss financial stability and policy responses to geopolitical developments. He shared Bahrain’s experience in strengthening financial sector resilience and contributed to discussions on macroprudential frameworks and regional financial cooperation.
National Bank of Moldova Governor Anca Dragu reviewed the country’s stronger banking sector and alignment with European financial standards at the Impact SEE conference. She reiterated that SEPA processed about 1.1 million transfers and saved users nearly EUR 15 million in 11 months, while MIA surpassed 1 million users.
Poland's Ministry of Finance found that the Fakturownia.pl data leak did not affect the National e-Invoice System or data held by the ministry.
Greek Minister of National Economy and Finance and Eurogroup President Kyriakos Pierrakakis urged faster progress on EU capital markets, Banking Union, productivity and technology policy. He backed simpler but not weaker regulation and positioned the digital euro, alongside private innovation under the Markets in Crypto-Assets Regulation, as central to European financial sovereignty. Europe should build strategic capabilities selectively while maintaining open trade.
Ukraine's National Commission on Securities and Stock Market will meet at noon on Sept. 30, 2026, and has made the agenda available online.
The European Financial Reporting Advisory Group will open its October 6 meeting from 14:55 to 16:45 CET to registered observers, with the agenda and documents available and closed sessions possible.
The Financial Action Task Force and Asia-Pacific Group on Money Laundering found that Canada has strengthened its illicit finance framework but still has material gaps in risk-based supervision, complex money laundering prosecutions and asset recovery. Beneficial ownership reforms and financial intelligence capabilities are strong, though implementation and timeliness remain uneven. Canada has received a three-year improvement roadmap and entered regular follow-up.
The Financial Industry Regulatory Authority barred former LPL broker Rudy Anguiano for transferring USD 1.731 million from two customers to his company’s bank account without authorization. LPL reimbursed both customers, and Anguiano settled without admitting or denying FINRA’s findings.
The Bank of Russia reported that households’ 12-month inflation expectations rose to 14.2% in September from 13.7% in August, exceeding levels recorded in 2024 and 2025. Companies’ price expectations and the consumer sentiment index also increased.
The Madagascar Ministry of Economy and Finance reiterated its focus on transparent oversight of CNaPS contributions and reserves. Priorities include stronger controls and audits, improved pensions and benefits, greater use of technology and expanded coverage for agricultural workers.
The Central Bank of the UAE and the Central Bank of Egypt renewed their AED 5 billion currency swap agreement for five years, equivalent to EGP 69 billion. The arrangement supports local currency use in bilateral trade and financial settlements.
Federal Reserve Board Vice Chair for Supervision Michelle W. Bowman urged community banks to reinforce cyber hygiene as AI makes attacks faster and more sophisticated. She emphasized core controls, employee training, incident response testing and active oversight by boards and senior management. AI can also strengthen defenses, but banks should deploy it with sound risk management.
The Bank of Cape Verde extended its payment instrument survey deadline to Oct. 9, 2026. The findings will inform implementation of the Immediate and Inclusive Transfer System and assess opportunities to expand digital payments.
The South Africa Financial Sector Conduct Authority achieved 85% of its 2025/26 performance targets and imposed ZAR 2.8 billion in penalties and fines. It finalized 678 investigations, granted 499 licenses and resolved 79% of 7,842 complaints and queries. The authority also retained its clean audit status and reported a ZAR 119 million net surplus.
The Central Bank of Egypt and the Central Bank of the UAE renewed their AED 5 billion currency swap agreement, equivalent to EGP 69 billion, for five years. The facility supports local currency settlement and trade and investment between the two countries.
Bank of Spain Governor José Luis Escrivá participated in the 17th Financial Meeting organized by KPMG and Expansión.
The Dutch Authority for the Financial Markets has published red flags for online investment content after a sharp rise in questions and reports about finfluencers during summer 2026. It highlighted heightened risks in private groups and paid communities, where reliability is harder to assess and consumers may be steered toward unsuitable investments or illegal providers.
The Dutch Authority for the Financial Markets found that large institutional asset managers have the foundations for ICT recovery in place but need better alignment across critical functions, recovery objectives, providers and testing. It identified four priorities covering consistent classification, function-level recovery objectives, provider agreements and testing against extreme disruption scenarios.
The Central Bank of Iceland has published a handbook for version 5.0 of its core forecasting and policy simulation model. The update refreshes estimation periods and equilibrium measures and revises the treatment of imports, household income, consumption, potential output, house prices and inflation expectations while leaving the model’s overall behavior broadly unchanged.
The Central Bank of Iceland has released its September 2026 Economic Indicators report, covering the economy, markets and financial system through charts and downloadable data.
The Egmont Group is seeking a subject matter expert to develop a 45-minute e-learning course on the risk-based approach and national risk assessments for staff across more than 180 financial intelligence units. The course will cover international requirements, financial intelligence unit contributions to risk assessments and the use of findings to set operational and strategic priorities.
The Central Bank of Iceland has updated its QMM handbook to reflect changes introduced in version 5.0 of the macroeconomic model.
The Guernsey Financial Services Commission has alerted businesses to amended sanctions details for Khatiba Jama'at al-Tawhid wal-Jihad. Businesses must check for affected relationships, freeze relevant assets immediately and report findings to the Policy & Resources Committee, while regulated firms must also notify the Commission.
The National Bank of Hungary is hosting 28 experts from 21 countries for a seminar on electronic payments and cash innovation. Discussions cover instant payments, Payments Strategy 2030, the central bank digital currency project, EU regulation and cash management practices.
The European Central Bank reported total assets and liabilities of EUR 5.897 trillion at Sept. 25, down EUR 1.215 billion due to weekly transactions. Monetary policy securities declined EUR 3.046 billion, while current-account balances of euro area credit institutions fell EUR 18.729 billion.
The European Financial Reporting Advisory Group will hold an October 9 briefing on changes from the VSME Recommendation to the new Voluntary Standard under the delegated act. The event will address practical implementation through EFRAG guidance and digital tools, with input from businesses using sustainability reporting.
The European Financial Reporting Advisory Group will allow registered observers to watch its October 7 meeting live or on demand, with closed sessions possible during the discussions.
Central Bank of Syria Governor Safwat Raslan assumed the annual chair of the Council of Governors of Arab Central Banks and Monetary Authorities and led its 50th session. Discussions covered monetary and banking stability, payment systems and regional economic challenges.
Qatar Central Bank Deputy Governor Sheikh Ahmed bin Khalid bin Ahmed bin Sultan Al Thani attended a meeting of Arab central bank governors and a workshop on macroeconomic resilience in Abu Dhabi, where participants discussed several topics and took related decisions.
US house prices rose 0.3% in July and 2.6% from a year earlier, according to the Federal Housing Finance Agency. Monthly regional changes ranged from a 0.8% decline in the Mountain division to a 1.5% increase in the Middle Atlantic division.
The Federal Reserve Bank of New York appointed Related Companies CEO Jeff T. Blau to its Second District Advisory Council. Members serve three-year terms and advise New York Fed leadership on regional business and economic conditions.