Article archive

Showing 19,101–19,200 of 51,568 updates · Page 192 of 516

  • 2026-03-23Isle of ManIsle of Man Financial Services Authority

    Isle of Man Financial Services Authority brings Travel Rule AML CFT amendments for virtual asset service providers into force

    The Isle of Man Financial Services Authority has implemented amendments to its anti-money laundering and countering the financing of terrorism framework for the virtual asset service provider sector, effective 20 March 2026. These changes, developed with the Department of Home Affairs and the Treasury, include updates to the Travel Rule regime and related regulations. Sector guidance is being updated to align with these legislative changes.

    Policy & regulationRules & requirementsAML and CFT
  • 2026-03-23PolandCentral Bank of Poland

    Central Bank of Poland’s Financial Stability Committee upholds 2% countercyclical capital buffer recommendation for September 2026

    Poland’s Financial Stability Committee, chaired by a Central Bank of Poland board member, maintained the countercyclical capital buffer rate at 2%, effective from 30 September 2026. The current rate is 1%. The Committee noted decreased legal risk from foreign currency housing loans and highlighted geopolitical risk as most significant. It reviewed the Consumer Credit Act, expressing concerns over free credit sanction provisions and creditworthiness assessment, and will report to the European Systemic Risk Board on commercial real estate sector vulnerabilities.

    Policy & regulationOtherFinancial stability and systemic riskMacroprudential policy and tools
  • 2026-03-23Isle of ManIsle of Man Financial Services Authority

    Isle of Man Financial Services Authority reminds firms to submit 2025 AML CFT Annual Statistical Returns via STRIX by 3 April 2026

    The Isle of Man Financial Services Authority reminded businesses to submit their 2025 AML/CFT Annual Statistical Return via STRIX by 3 April 2026, highlighting outstanding submissions. Recurring issues include incorrect permissions, inconsistencies in customer figures, and incomplete reporting on third-party customer due diligence. Updated guidance and instructions for registering additional STRIX users have been provided.

    SupervisionRegulatory reporting
  • 2026-03-23United Arab EmiratesGeneral Pension and Social Security Authority

    United Arab Emirates' General Pension and Social Security Authority highlights pension law provisions supporting working mothers and widows

    The General Pension and Social Security Authority highlighted the UAE's pension framework supporting working mothers, noting women constitute 68% of insured contributors. Key features include combining their salary or pension with a deceased husband's pension and pension share redistribution under Federal Decree-Law No. 57 of 2023. The authority also emphasized flexible retirement provisions and the ability for women to purchase additional nominal service years to enhance pension value.

    Policy & regulationGuidance & interpretationDiversity and inclusion
  • 2026-03-23GeorgiaNational Bank of Georgia

    National Bank of Georgia and JPMorgan to host American investor delegation for briefings on Georgia’s investment environment and financial sector resilience

    The National Bank of Georgia, co-organised by JPMorgan, is hosting a delegation of American investors to discuss Georgia's investment environment and macroeconomic outlook. The visit includes meetings with key officials and participation in the Second International Capital Markets Conference. This initiative aims to enhance cooperation with international institutional investors and share insights on investment opportunities.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-23GeorgiaNational Bank of Georgia

    National Bank of Georgia updates bank and microbank disclosure rules to introduce sex-disaggregated MSME financing reporting for women entrepreneurs

    The National Bank of Georgia has implemented a new data collection methodology using sex-disaggregated data to monitor financing to women entrepreneurs, supported by amendments to information disclosure regulations for banks. This initiative aims to establish MSME financing data by sex in Georgia, with regular quarterly reporting commencing in 2026.

    Policy & regulationImplementation, projects & pilotsDiversity and inclusion
  • 2026-03-23Dominican RepublicPensions Superintendency (SIPEN)

    Dominican Republic's Pensions Superintendency certifies Parval as first brokerage to earn Here We Know about Pensions seal after 74% staff complete training

    The Pensions Superintendency (SIPEN) has awarded Parval Puesto de Bolsa the “Here We Know about Pensions” seal, the first brokerage firm in the Dominican Republic to receive this certification, after 74% of its staff completed specialised training on the Dominican Pension System. SIPEN highlighted that over 6,000 workers have been trained through the programme and stated it will continue promoting pension education among companies and individuals.

    SupervisionAuthorisations & approvalsOther
  • 2026-03-23EuropeEuropean Central Bank

    European Central Bank publishes CAMEG 2025 conference abstracts and outlines 2026 crypto-asset monitoring priorities

    The European Central Bank released an Occasional Paper summarizing insights from the Crypto-Asset Monitoring Expert Group (CAMEG) 2025 Conference, highlighting limited risks from crypto-assets under current regulations. The paper covers stablecoins, regulatory developments, and crypto-asset monitoring, and outlines CAMEG's 2026 focus on empirical research and data analysis to assess crypto-assets' impact on the traditional financial system.

    ResearchStablecoins
  • 2026-03-23EuropeEuropean Central Bank

    European Central Bank updates wage tracker and revises 2026 negotiated wage growth down to 2.3% with smoothed one-off payments

    The European Central Bank updated its wage tracker, showing negotiated wage growth easing from 2025 to 2026 and stabilizing at around 2.6% by end-2026. The headline indicator was revised down by 0.1 percentage points, with the unsmoothed series showing growth of 3.0% in 2025 and 2.6% in 2026. The ECB plans to extend the tracker’s horizon to Q1 2027 in the July 2026 release as more agreements are signed.

    Data & statisticsEconomic data and developments
  • 2026-03-23EuropeEuropean Central Bank

    European Central Bank working paper estimates interlinked fast payment systems lift bilateral trade by about 4%

    The European Central Bank's Working Paper No 3202 estimates that interlinking payment systems across countries boosts trade by approximately 4% compared to non-linked pairs. Using data from 2021-2024, the study highlights that the trade uplift is significant, especially in regions with high cross-border payment costs, and is comparable to half the effect of a trade agreement. The findings align with the G20 cross-border payments roadmap and the Eurosystem’s TARGET Instant Payment Settlement service initiatives.

    ResearchCross-border payments
  • 2026-03-23TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority delivers insurance awareness session for women entrepreneurs in Arusha ahead of Women in Finance Sector Summit

    The Tanzania Insurance Regulatory Authority and the Tanzania Insurance Dispute Mediator Office conducted an insurance education session for women entrepreneurs in Arusha Region. The session emphasized the importance of insuring businesses for disaster compensation and introduced a fast mediation process for insurance claims. Participants were also educated on utilizing formal financial systems for savings and various types of insurance.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-23TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority calls on women to act as insurance ambassadors at the TAWiFA meeting

    The Tanzania Insurance Regulatory Authority highlighted Deputy Insurance Commissioner Khadija Said's call for women at the Women in the Finance Sector Meeting to lead in public insurance education. The forum allows women in banking, insurance, and government to share experiences and develop strategies to enhance economic participation. TIRA and the Tanzania Insurance Ombudsman’s Office are participating in Women in the Finance Sector Week, which includes financial education and climate change initiatives.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-23TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority calls for women-specific insurance products and sets 80% insurance awareness target by 2030

    At the Women in the Financial Sector Conference, Tanzania’s Insurance Commissioner, Dr. Baghayo Saqware, urged the creation of insurance products for women, with TIRA supporting these initiatives. TIRA aims for 80% public insurance awareness by 2030. The conference included contributions from Zanzibar’s Minister Saada Mkuya and the Bank of Tanzania’s Deputy Governor Dr. Rahma Salim Mahfoudh.

    Policy & regulationReform agendas & prioritiesDiversity and inclusion
  • 2026-03-23UkraineUkraine National Commission on Securities and Stock Market

    Ukraine National Commission on Securities and Stock Market steps up cooperation with TheCityUK on 2026–2027 capital markets priorities

    Ukraine’s National Commission on Securities and Stock Market, led by Chair Oleksii Semeniuk, met with TheCityUK to enhance cooperation for Ukraine's capital market development. Discussions with TheCityUK CEO Nicola Watkinson focused on the Commission’s 2026–2027 priorities, including internal transformation, corporate governance, and EU legislative alignment. They agreed to intensify efforts on municipal bond market development and private investor attraction.

    Policy & regulationCooperationDomestic cooperation
  • 2026-03-23NamibiaBank of Namibia

    Bank of Namibia and Namibia Financial Institutions Supervisory Authority sign updated cooperation agreement and establish joint FinTech technical working group

    The Bank of Namibia and the Namibia Financial Institutions Supervisory Authority have updated their Memorandum of Agreement to enhance cooperation in financial sector regulation. This includes a joint technical working group on responsible FinTech development and a framework for information sharing and oversight. The agreement aligns with Namibia's efforts to meet international standards, including NAMFISA's application to join the International Organization of Securities Commissions Multilateral Memorandum of Understanding.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-23RwandaRwanda Capital Markets Authority

    Rwanda Capital Markets Authority urges businesses to strengthen governance and reporting to access capital markets

    The Rwanda Capital Markets Authority emphasized the importance of business readiness and credibility for companies seeking to raise capital at the 2026 RSE Listings Forum. The CMA's Head of Market Development highlighted the regulatory framework supporting transparency and set expectations for sound governance and reliable financial reporting. The forum aimed to encourage businesses to leverage the capital market for growth.

    Policy & regulationGuidance & interpretationMarket development
  • 2026-03-23MexicoCONDUSEF

    Mexico’s National Commission for the Protection and Defense of Users of Financial Services reports 1,310 Yucatán complaints and MXN 7 million recovered for users

    Mexico’s National Commission for the Protection and Defense of Users of Financial Services reported a 5.4% increase in financial-services complaints in Yucatán for the first two months of 2026, totaling 1,310 cases. The report highlighted MXN 7 million recovered for users, with a 50.9% favourable outcome rate. Commercial banking was the most complained-about sector, with unrecognised purchases and unattended product-cancellation requests as key issues.

    Data & statisticsComplaints and dispute resolution
  • 2026-03-23Central African RepublicBanking Commission of the Central African Republic

    Banking Commission of the Central African Republic publishes CEMAC France communiqué reaffirming IMF linked reforms and banking sector cleanup

    The Banking Commission of the Central African Republic published a communiqué from a CEMAC-France meeting that reaffirmed commitments to IMF-linked policy reforms, implementation of the January 2026 CEMAC summit recommendations and continued execution of national IMF-supported programs. The communiqué also highlighted structural reforms to improve the investment climate and a continued effort to strengthen and clean up the banking sector to expand financing for private projects. The next meeting is planned for 2027 in a CEMAC country.

    Policy & regulationReform agendas & priorities
  • 2026-03-23Dominican RepublicSuperintendencia del Mercado de Valores de la Republica Dominicana

    Dominican Republic Superintendence of the Securities Market presents children’s storybook on saving and investing

    The Dominican Republic Superintendence of the Securities Market (SIMV) launched a children's storybook, "Little Investors, Volume I: Mateo discovers how to grow his savings," to introduce basic capital markets concepts to children. This initiative was part of the Central Bank's Economic and Financial Week 2026 and aligns with the Global Money Week initiative.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-23GlobalInternational Monetary Fund

    International Monetary Fund publishes Burkina Faso review under the Extended Credit Facility and sets out a 2026–28 outlook near 5 percent growth

    The International Monetary Fund released a country report for Burkina Faso, covering the fourth review under the Extended Credit Facility and a request for the Resilience and Sustainability Facility. The report highlights Burkina Faso's commitment to fiscal consolidation and governance amid challenges, projecting real GDP growth near 5.0% for 2026–28 with inflation below target, though risks remain tilted to the downside.

    Policy & regulationPeer reviews and country evaluationsOther
  • 2026-03-23GlobalInternational Monetary Fund

    International Monetary Fund creates Southeast Europe Technical Assistance Center in Rome to begin operating by January 2027

    The International Monetary Fund (IMF) will establish the Southeast Europe Technical Assistance Center (SEETAC) in Rome to enhance economic institutions and policymaking in Southeast Europe. SEETAC will serve Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia, and Moldova, providing technical assistance on fiscal, monetary, and financial policies. Operations are set to begin by January 2027, complementing regional training from the IMF’s Joint Vienna Institute.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-23CanadaFinancial Services Regulatory Authority of Ontario

    Financial Services Regulatory Authority of Ontario to require in-person LLQP exams and end online sittings from 1 July 2026

    The Financial Services Regulatory Authority of Ontario, in collaboration with Durham College, will transition all Life Licence Qualification Program exams to in-person sittings from 1 July 2026 to enhance security and integrity. This move aims to curb misconduct and aligns with practices of other professional bodies in Ontario. Durham College will offer further implementation details online.

    Policy & regulationRules & requirementsOther
  • 2026-03-23CanadaFinancial Services Regulatory Authority of Ontario

    Financial Services Regulatory Authority of Ontario warns Final Expense Ontario and Hussain Ali Khan Mir are not licensed to sell insurance in Ontario

    The Financial Services Regulatory Authority of Ontario (FSRA) warned that Final Expense Ontario, related entities, and Hussain Ali Khan Mir are not licensed to conduct insurance business in Ontario. FSRA advised against purchasing insurance from these parties, noting they solicit life and health insurance through various channels. Consumers are cautioned that insurance from unlicensed agents may not be protected under Ontario’s Insurance Act and urged to report suspected fraud to local authorities and FSRA.

    SupervisionAlertsUnlicensed or unauthorized activity
  • 2026-03-23United StatesU.S. Department of the Treasury

    U.S. Department of the Treasury launches AI Innovation Series with four public-private roundtables on financial sector AI adoption

    The U.S. Department of the Treasury launched the Artificial Intelligence Innovation Series, a public-private initiative to explore AI deployment and oversight in the U.S. financial system. The series will include four roundtables with stakeholders to identify AI use cases and approaches to scaling innovation while ensuring safety. Treasury Secretary Scott Bessent emphasized the need for evolving governance and regulatory frameworks to support AI in financial services.

    Policy & regulationImplementation, projects & pilotsArtificial intelligence
  • 2026-03-23Central African RepublicSecurities and Exchange Commission of Central Africa

    Securities and Exchange Commission of Central Africa holds open day and public conference for Global Money Week 2026

    The Securities and Exchange Commission of Central Africa reported on two Global Money Week 2026 events in Libreville focused on public financial education. An open day used a six-step learning exercise to explain saving, regulated investment, fraud risks, market actors and diversification, while a public conference stressed budget discipline, supervised investment and early financial awareness. The message was that investor protection also depends on stronger financial literacy.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-23SwitzerlandFederal Department of Finance (Switzerland)

    Switzerland's Federal Department of Finance to meet UK Chancellor to discuss implementation of the Berne Financial Services Agreement

    Switzerland's Federal Department of Finance announced that Federal Councillor Karin Keller-Sutter will meet the UK's Chancellor of the Exchequer, Rachel Reeves, to discuss the Berne Financial Services Agreement (BFSA) and geopolitical challenges. The BFSA, effective since 1 January 2026, enhances cross-border market access in banking, insurance, asset management, and capital market infrastructure. Keller-Sutter will also meet Andrew Bailey, Governor of the UK’s central bank, and other UK representatives.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-23ThailandThailand Securities & Exchange Commission

    Thailand Securities and Exchange Commission orders Advanced Connection to clarify THB 350 million private placement and disclose details via SETLink

    The Thailand Securities and Exchange Commission has instructed Advanced Connection Corporation to provide more information on its proposed private placement of 700 million shares, citing incomplete disclosures. Priced at THB 0.50 each, the shares are intended for Sky Avia Trading, Heli Asia Trading, and Mr. Wichai Wanavit, with Sky Avia and Heli Asia as related parties. The SEC seeks clarification on investor selection, expected benefits, and other details by 1 April 2026.

    SupervisionRegulatory reportingCorporate governance
  • 2026-03-23GlobalInternational Financial Reporting Standards Foundation

    International Financial Reporting Standards Foundation publishes Q1 2026 educational modules, webcasts and podcast to support implementation of the third edition of IFRS for SMEs

    The International Financial Reporting Standards Foundation has released educational resources to aid in the application of the third edition of the IFRS for SMEs Accounting Standard. The package includes new modules on intangible assets and share-based payment, webcasts on business combinations and revenue, and a podcast discussing implementation in Brazil.

    Policy & regulationGuidance & interpretationAccounting and financial reporting
  • 2026-03-23ChileChile Financial Market Commission

    Chile Financial Market Commission censures savings and credit cooperative for charging interest above the Maximum Conventional Rate

    Chile’s Financial Market Commission censured Cooperativa de Ahorro y Crédito Nacional para la Familia Limitada for exceeding the Maximum Conventional Rate on 365 loans, resulting in excess charges of CLP 11,122,223. The breach, linked to the implementation of General Rule No. 484, was treated as a one-off, with corrective measures taken and refunds issued.

    EnforcementInvestigations & enforcement actionsOther
  • 2026-03-23SpainBank of Spain

    Bank of Spain governor says independence must be matched by transparency and signals governance and accountability follow-up after external review

    The Bank of Spain published a speech by Governor José Luis Escrivá on balancing functional autonomy and external oversight for supervisory institutions. He highlighted central banks' expanding roles and the need for tailored accountability mechanisms, citing legal frameworks and tools like parliamentary appearances and public reports. The speech linked these themes to the Bank's Strategic Plan 2030 and a self-assessment identifying governance and transparency improvements.

    Policy & regulationGuidance & interpretationOther
  • 2026-03-23IndiaSecurities & Exchange Board of India

    Securities and Exchange Board of India relaxes enhanced supervision reporting for stock brokers by removing demat account reporting and extending exemptions to primary dealers

    The Securities and Exchange Board of India (SEBI) revised the enhanced supervision framework for stock brokers and depository participants, easing reporting obligations by removing the need for brokers to report demat accounts to stock exchanges. The amendments align primary dealer brokers with existing bank broker exemptions and require tagging of all demat accounts, except those used solely for non-broking activities by primary dealers. Depositories must ensure demat account nomenclature remains unchanged and provide stock exchanges with account opening and closure details.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-03-23IndiaSecurities & Exchange Board of India

    Securities and Exchange Board of India approves AIF wind-up relief, FPI net cash-market fund settlement by 31 December 2026 and strengthened fit-and-proper and ethics framework

    SEBI approved regulatory measures for AIFs, FPIs, SIFs, InvITs, REITs, and conflict-of-interest rules for SEBI Members. Changes include AIF liquidation amendments, net settlement for FPIs, reduced SIF investment thresholds, and expanded InvITs and REITs options. SEBI revised "fit and proper person" criteria and endorsed new ethics and compliance structures.

    Policy & regulationRules & requirementsOther
  • 2026-03-23EstoniaFinantsinspektsioon

    Estonia's Financial Supervision and Resolution Authority warns crypto asset service providers to obtain a MiCA licence by 1 July 2026 or wind down

    Estonia's Financial Supervision and Resolution Authority has reminded crypto asset service providers that they must comply with the European Union’s Markets in Crypto-Assets Regulation and obtain a licence from Finantsinspektsioon or cease services by 1 July 2026. Firms may operate under a Financial Intelligence Unit licence until then, but new applicants are unlikely to be licensed before the transition ends and must include wind-up plans, with expectations set for orderly cessation and protection of client assets.

    SupervisionAuthorisations & approvalsLicence approval
  • 2026-03-23Bosnia and HerzegovinaCentral Bank of Bosnia and Herzegovina

    Central Bank of Bosnia and Herzegovina reappoints Marko Vidaković as Vice Governor for monetary operations and reserve management

    The Central Bank of Bosnia and Herzegovina has reappointed Marko Vidaković as Vice Governor for a second four-year term, overseeing Monetary Operations, Foreign Exchange Reserves, and Cash Management. His role includes coordinating activities across the central bank's main units and branches to ensure efficient operations.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-23NetherlandsDutch Authority for the Financial Markets

    Dutch Authority for the Financial Markets chair says looking away is never neutral and urges boards to institutionalise dissent

    The Dutch Authority for the Financial Markets released a keynote by Chair Laura van Geest, emphasizing the risks of ignoring discomfort in discussions, which can weaken supervision and governance. Van Geest highlighted the need for clearer communication, systematic countervailing views, and fostering an environment where criticism is valued to enhance decision-making quality.

    SupervisionSupervision approach, priorities & toolkitCorporate governance
  • 2026-03-23VietnamVietnam State Securities Commission

    Vietnam State Securities Commission requires VND 1,000,000 fee payment for securities practice certificates and may cancel uncollected certificates after one year

    The Vietnam State Securities Commission (SSC) has instructed individuals listed in an attached notice to pay a fee of VND 1,000,000 for securities practice certificates, as per the Ministry of Finance’s Circular 25/2022/TT-BTC. Payments can be made via bank transfer to specified SSC accounts or directly at the SSC. Failure to complete the procedure within one year will result in certificate cancellation.

    Policy & regulationRules & requirementsLicensing and supervisory fees
  • 2026-03-23VietnamVietnam State Securities Commission

    Vietnam State Securities Commission instructs named individuals to pay VND 1 million fee to complete securities practice certificate issuance

    The Vietnam State Securities Commission (SSC) requires individuals listed in an attached schedule to pay a VND 1,000,000 fee for a securities practice certificate, as per the Ministry of Finance’s Circular 25/2022/TT-BTC. Payment can be made via bank transfer or directly at the SSC. Failure to complete the procedure within one year will result in certificate cancellation.

    SupervisionAuthorisations & approvalsLicensing and supervisory fees
  • 2026-03-23MontenegroCentral Bank of Montenegro

    Central Bank of Montenegro marks Global Money Week with nationwide financial literacy programme for children and youth

    The Central Bank of Montenegro celebrated Global Money Week with financial education activities for children and young people, including an Open Day for secondary school pupils on financial literacy and banking stability. The programme, from 16 to 22 March, featured workshops, school visits, and sessions on saving, payment security, and financial fraud. This initiative aligns with the Central Bank's 25th anniversary and its participation in the OECD-backed Global Money Week since 2012.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-23MontenegroCentral Bank of Montenegro

    Central Bank of Montenegro sets cooperation priorities with the Centre of Excellence in Finance to support EU accession alignment

    The Central Bank of Montenegro (CBCG) and the Centre of Excellence in Finance (CEF) discussed future cooperation to support Montenegro's EU accession and alignment with European central banking standards. The CBCG aims to enhance its institutional capacity through knowledge exchange and best practices, linking this cooperation to its Needs Assessment project for organisational transformation. The meeting also addressed the upcoming CEF Governing Board meeting and Forum in Skopje as platforms for dialogue.

    Institutional developmentCooperation & capacity buildingCapacity building
  • 2026-03-23PolandCentral Bank of Poland

    Central Bank of Poland reports PLN 46.7bn rise in M3 money supply in February 2026 driven by higher household and local government deposits

    The Central Bank of Poland reported a PLN 46.7bn increase in the M3 money supply in February 2026, reaching PLN 2,761.7bn. This growth was driven by a rise in deposits and claims by households and local government institutions. Additionally, net debt increased for central government entities, other financial institutions, non-financial corporations, and households.

    Data & statisticsMonetary data
  • 2026-03-23GreeceHellenic Capital Market Commission

    Hellenic Capital Market Commission approves follow-on prospectuses for Real Consulting’s 9,203,824 new shares and Premia’s up to EUR 150 million bond offer and delists Akritas

    The Hellenic Capital Market Commission approved two follow-on prospectuses for Athens Stock Exchange transactions and granted the delisting of Akritas S.A. at the company’s request under Article 17(5) of Law 3371/2005. The approvals cover the admission to trading of 9,203,824 new shares of Real Consulting Business Information Technology Solutions as consideration for acquiring Open Technology Services, and a public offering and listing of 150,000 bonds by Premia Real Estate Investment Company under a bond loan of up to EUR 150,000,000.

    SupervisionAuthorisations & approvalsSecurities offerings and listings
  • 2026-03-23GreeceBank of Greece

    Bank of Greece reports Greece’s current account swung to EUR 1.3 billion deficit in January 2026

    The Bank of Greece reported a EUR 1.3 billion current account deficit for January 2026, shifting from a surplus the previous year, mainly due to declines in secondary and primary income accounts. Goods and services balances improved, with a notable increase in the services surplus driven by a stronger travel balance. The financial account saw EUR 2.2 billion in resident external liabilities and a EUR 4.2 billion increase in non-resident holdings of Greek bonds and Treasury bills.

    Data & statisticsBalance of payments and other external statistics
  • 2026-03-23ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission steps up nationwide rollout of e-Claim training for motor accident victim compensation

    The Thailand Office of Insurance Commission updated its 2026 programme to enhance motor accident victim protection by training hospital personnel in the e-Claim system for initial compensation claims. The fourth session in the Northern region involved over 350 participants and included an "e-Claim Award" for hospitals excelling in submissions. The initiative, in collaboration with stakeholders, aims to improve claim processing speed, accuracy, transparency, and standardisation.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-23VietnamState Bank of Vietnam

    State Bank of Vietnam appoints Vu Le Tung Giang as Deputy Director of the Department for Safety of the Credit Institutions System

    The State Bank of Vietnam appointed Vu Le Tung Giang as Deputy Director of the Department for Safety of the Credit Institutions System. Giang previously led safety policy for cooperative banks, people’s credit funds, and microfinance institutions. The appointment was announced at an internal conference with senior SBV officials.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-23NorwayNorwegian Finanstilsynet

    Financial Supervisory Authority of Norway finds serious anti-money laundering compliance deficiencies at SpareBank 1 Nord-Norge and requires remediation reporting

    The Financial Supervisory Authority of Norway has published an inspection report identifying serious deficiencies in SpareBank 1 Nord-Norge’s anti-money laundering framework, including weaknesses in risk assessment, customer due diligence, ongoing monitoring, internal control, training and transaction surveillance. The authority highlighted extensive gaps in customer information, outdated routines, long review intervals, and governance weaknesses, including in correspondent banking and terrorist financing risk. SpareBank 1 Nord-Norge has reported remediation, and the authority requires semi-annual progress reports and internal audit validation.

    SupervisionReviews, inspections & stress testsAML and CFT
  • 2026-03-23ItalyItalian Securities Commission (Consob)

    Italian Securities Commission publishes 2026 regulatory activities plan outlining rulemaking priorities and impact checks

    The Italian Securities Commission (Consob) released its 2026 regulatory activities plan, outlining areas for rulemaking and regulatory impact assessments. The plan includes adopting general regulatory acts and reviewing existing measures, with potential amendments during the year.

    Policy & regulationReform agendas & prioritiesOther
  • 2026-03-23EuropeEuropean Insurance and Occupational Pensions Authority

    European Insurance and Occupational Pensions Authority and EU Agency for the Space Programme publish white paper on using Copernicus Earth Observation data for natural catastrophe supervision

    The European Insurance and Occupational Pensions Authority and the EU Agency for the Space Programme released a white paper on using Copernicus Earth Observation data to enhance supervision of natural catastrophes and assess impacts on Europe's insurance sector. It highlights satellite-based data's potential for risk identification, scenario design, and post-event loss estimation, with applications in mapping affected areas and integrating with Solvency II reporting.

    Policy & regulationGuidance & interpretationClimate risk and sustainable finance
  • 2026-03-23Hong KongFinancial Services and the Treasury Bureau (Hong Kong)

    Hong Kong Financial Services and the Treasury Bureau welcomes Manulife’s expansion and increased AI investment after re-domiciliation

    The Financial Services and the Treasury Bureau (FSTB) of Hong Kong welcomed Manulife (International) Limited's plan to expand its investment and operations in Hong Kong, including further investment in artificial intelligence. This aligns with FSTB's policy agenda to promote responsible AI adoption by financial institutions, supported by the 2026-27 Budget and the October 2024 Policy Statement on AI. The FSTB also noted the Insurance Authority's authorization of a captive insurer by China National Nuclear Corporation.

    Policy & regulationReform agendas & prioritiesArtificial intelligence
  • 2026-03-23Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority issues scam alert after multiple banks report fraudulent websites and phishing attempts

    The Hong Kong Monetary Authority (HKMA) issued a scam alert about fraudulent websites, fake internet banking login screens, and phishing messages linked to banks, including The Bank of East Asia and OCBC Bank (Hong Kong). The HKMA emphasized that banks will not send SMS or emails with transaction links or request sensitive information. Affected individuals should contact their bank and report to the Hong Kong Police Force.

    SupervisionAlertsFraud and scams
  • 2026-03-23EuropeEuropean Central Bank

    European Central Bank updates wage tracker and signals negotiated wage growth easing to around 2.6% by end-2026

    The European Central Bank updated its wage tracker, incorporating agreements up to February 2026, showing easing wage pressures with growth stabilizing at 2.6% by year-end. The tracker indicates revised wage growth of 3.2% in 2025 and 2.3% in 2026, influenced by earlier one-off payments. The ECB notes the forward-looking component is based on current agreements and may be revised, with plans to extend the horizon to early 2027 in the next update.

    Data & statisticsEconomic data and developments
  • 2026-03-23TaiwanCentral Bank of Taiwan

    Central Bank of Taiwan reports USD 755.6 billion net trading volume in the Taipei foreign exchange market in February 2026

    The Central Bank of Taiwan published February 2026 turnover statistics for the Taipei foreign exchange market, reporting total net trading volume of USD 755.6 billion and average daily turnover of USD 54.0 billion. New Taiwan dollar against United States dollar trades accounted for USD 365.9 billion, foreign exchange swaps USD 371.1 billion, and spot transactions USD 337.8 billion, while banks’ turnover in interest rate swaps and options reached USD 6.2 billion and USD 3.9 billion, respectively.

    Data & statisticsForeign exchange policy and markets
  • 2026-03-23EuropeEuropean Banking Authority

    European Banking Authority publishes Q4 2025 Risk Dashboard confirming robust EU and EEA banks and releases new CRR3 and CRD6 dashboard on output floor impacts

    The European Banking Authority (EBA) released its Q4 2025 Risk Dashboard, highlighting the EU/EEA banking sector's robust capitalisation, liquidity, and asset quality amid global uncertainties. The new CRR3/CRD6 dashboard, replacing the Basel 3 report, projects key capital metrics through 2030, with the average CET1 ratio expected to be 15.3% under fully loaded CRR3 implementation. No capital shortfalls are anticipated before 2030, but a EUR 12.7bn shortfall is projected post-output floor.

    Data & statisticsAsset qualityCapital adequacyLiquidity risk
  • 2026-03-23OmanOman Financial Services Authority

    Oman Financial Services Authority warns intentional wadi crossings and ignoring police instructions may void motor insurance compensation

    The Oman Financial Services Authority clarified that under the unified motor insurance policy, both comprehensive and third-party cover include protection for damage from natural disasters such as hail, wadis and storms, provided policyholders take necessary precautions and comply with Royal Oman Police instructions. It warned that intentional wadi crossing, non-compliance with official instructions or leaving vehicles in wadi paths without precautions may forfeit compensation rights, and highlighted that under Article 49/8 of the Omani Traffic Law such conduct may also attract imprisonment of up to three months or a fine of up to OMR 500.

    Policy & regulationGuidance & interpretationOther
  • 2026-03-23ParaguayCentral Bank of Paraguay

    Central Bank of Paraguay launches online debt status platform for credit registry reports with sole use from May 1

    The Central Bank of Paraguay has opened an online platform for citizens to obtain Debt Status reports from the Credit Risk Center through its website. Users must log in with Electronic Identity credentials. From May 1, 2026, this will be the only channel for these inquiries.

    Policy & regulationImplementation, projects & pilotsCredit risk
  • 2026-03-23CanadaFinancial Services Regulatory Authority of Ontario

    Financial Services Regulatory Authority of Ontario reminds Financial Planner title users to obtain an approved credential ahead of March 28, 2026 deadline

    The Financial Services Regulatory Authority of Ontario reminds individuals using the Financial Planner title to comply with Ontario’s title protection framework by holding an approved credential, with the transition period ending on March 28, 2026. After this date, unauthorized use may lead to enforcement under the Financial Professionals Title Protection Act, 2019. The transition applies to those using the title since January 1, 2020, and FSRA advises checking credential approval status.

    SupervisionAlertsLicensing framework and process
  • 2026-03-23RussiaCentral Bank of Russia

    Central Bank of Russia review shows microloan growth slowed sharply in 2025 as tighter lending curbs took effect

    The Central Bank of Russia said microloan issuance by microfinance organisations stabilized at about RUB 2 trillion in 2025 and portfolio growth slowed to 0.7% by late 2025. It attributed the slowdown to tighter borrower-protection measures, including verified income requirements and car loan limits for highly indebted borrowers. The review also noted a shift toward credit-limit products and the launch of state micromortgage companies in six regions.

    ResearchLendingPrudential risks
  • 2026-03-23RussiaCentral Bank of Russia

    Central Bank of Russia reports March Business Climate Index falls to -0.1 as firms turn more cautious on current conditions

    The Central Bank of Russia's March Business Climate Index fell to -0.1 points from 0.2 in February, indicating a decline in businesses' assessments of current output and demand. Despite this, companies' expectations for the next three months improved, while price expectations remained stable and below the fourth quarter 2025 average.

    Data & statisticsEconomic data and developments
  • 2026-03-23AustriaAustria Financial Market Authority

    Austria Financial Market Authority survey shows remaining foreign currency household loans down 4% in Q4 to EUR 5.23bn

    Austria's Financial Market Authority reported a 4.0% decline in the exchange rate-adjusted outstanding volume of foreign currency loans to private households in Q4, totaling EUR 5.23 billion. Since the 2008 ban on new FX lending, the stock has decreased by EUR 44.1 billion or 91%, with nearly all loans in Swiss francs. The FMA advises credit institutions to engage borrowers annually, with most loans expected to mature between 2029 and 2033.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-03-23EuropeEuropean Fund and Asset Management Association

    European Fund and Asset Management Association calls for a more flexible PEPP and principles-based IORP II changes to support supplementary pensions

    EFAMA published a position paper on the European Commission’s Supplementary Pensions Package, advocating for strong national implementation. It supports removing the 1% fee cap for the Basic PEPP, questions the Value for Money framework's effectiveness, calls for more flexible investment strategies, and recommends a principles-based approach to cost transparency for IORP II.

    Policy & regulationGuidance & interpretationOther
  • 2026-03-23AustraliaReserve Bank of Australia

    Reserve Bank of Australia publishes Council of Financial Regulators quarterly statement on heightened geopolitical risk and crisis and cyber preparedness

    The Reserve Bank of Australia's Council of Financial Regulators' quarterly statement highlighted elevated global financial stability risks from Middle East conflicts affecting Australia's financial system. The Council emphasized strong bank capital and liquidity, prudent lending standards, crisis preparedness, and cyber resilience. Efforts to streamline data collection and reporting were reviewed, alongside discussions on the IMF's Financial Sector Assessment Program and Project Acacia's tokenisation initiatives.

    Policy & regulationCooperationFinancial stability and systemic riskGeopolitical risk
  • 2026-03-23ChinaCentral Bank of the Republic of China

    People's Bank of China sets 2026 national treasury priorities focused on internal controls, systems and implementation

    The People's Bank of China held its 2026 national treasury work conference, reviewing 2025 achievements and setting priorities for 2026. Key focuses include strengthening internal controls, upgrading systems, and enhancing rule-based treasury operations. The bank aims to balance development and safety, improve service and supervision, and expand access to government bonds in rural areas.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-23PhilippinesCentral Bank of the Philippines

    Central Bank of the Philippines keeps Friday public services available while supporting energy conservation efforts

    The Central Bank of the Philippines will maintain public services on Fridays while supporting energy conservation efforts. Onsite cash operations will be available at various locations from 9:00 a.m. to 2:00 p.m., Monday to Friday. Consumer complaints can be lodged 24/7 through the BSP Online Buddy chatbot, and the BSP Store will continue online sales of commemorative coins and merchandise.

    Policy & regulationImplementation, projects & pilotsOther
  • 2026-03-23GlobalFinancial Action Task Force

    Financial Action Task Force’s MONEYVAL upgrades Bulgaria’s AML/CFT technical compliance ratings and keeps it in enhanced follow-up

    The Financial Action Task Force, via MONEYVAL, published Bulgaria's second enhanced follow-up report, noting progress in addressing technical compliance deficiencies and upgrading five FATF Recommendations. Bulgaria's ratings improved for Recommendations 6, 10, 24, 28, and 34, though it remains under enhanced follow-up due to remaining gaps. Bulgaria is expected to report further progress on AML/CFT measures within a year.

    Policy & regulationPeer reviews and country evaluationsAML and CFT
  • 2026-03-23GlobalFinancial Action Task Force

    Financial Action Task Force upgrades North Macedonia on three AML/CFT Recommendations and keeps it in MONEYVAL enhanced follow-up

    The Financial Action Task Force released an enhanced follow-up update on North Macedonia, noting progress in technical compliance with three FATF Recommendations, which were upgraded to Largely Compliant. Improvements stem from legal and supervisory changes, including amendments to the AML/CFT law. However, gaps remain in wire transfer information requirements, compliance officer expectations, and risk-based AML/CFT supervision.

    Policy & regulationPeer reviews and country evaluationsAML and CFT
  • 2026-03-23AustraliaCouncil of Financial Regulators

    Trans-Tasman Council on Banking Supervision sets 2026 priorities for payments digital assets and bank regulation alignment

    The Trans-Tasman Council on Banking Supervision has set 2026 priorities for closer Australia-New Zealand regulatory alignment, centered on payments and digital asset reforms, non-financial risk management for banks, and more proportionate banking regulation. It will use working-level workshops to advance the agenda, while continuing to monitor Middle East-related market risks and support cash as a resilient payment option.

    Policy & regulationCooperationCross-border paymentsMarket infrastructure
  • 2026-03-23AustraliaCouncil of Financial Regulators

    Council of Financial Regulators flags elevated geopolitical and cyber risks and agrees 2026 crisis preparedness workplan

    The Council of Financial Regulators said global financial stability risks have increased, while direct Australian exposures to the Middle East remain limited. It urged banks to maintain strong capital and liquidity, called for prudent lending standards, and agreed a workplan to strengthen crisis preparedness for capital and liquidity stress scenarios. The Council also advanced joint work on cyber resilience and said it will publish actions to streamline regulatory data collection and sharing in the first half of 2026.

    SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskPrudential risks
  • 2026-03-23MonacoMinistry of Finance & Economy (Monaco)

    Monaco Ministry of Finance and Economy hosts MONEYVAL evaluator training for sixth evaluation round

    The Monaco Ministry of Finance and Economy announced that Monaco hosted a MONEYVAL evaluator training session as the sixth round of evaluations begins, focused on updated international standards for anti-money laundering, counter-terrorist financing and counter-proliferation financing in line with Financial Action Task Force requirements. The five-day course, organised by MONEYVAL and coordinated by Monaco’s national committee secretariat, trained around 40 delegates from 21 countries, including Monegasque authorities, to become certified evaluators for future assessments.

    Policy & regulationImplementation, projects & pilotsAML and CFTSupervision process and methodologies
  • 2026-03-23AustraliaAustralian Securities & Investments Commission

    Australian Securities and Investments Commission consults on extending and updating managed discretionary account relief

    The Australian Securities and Investments Commission (ASIC) is consulting on potential changes to the ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968, which expires on 1 October 2026. ASIC seeks feedback on extending the instrument and revising its policy settings and terms. The instrument currently offers conditional relief from certain provisions of the Corporations Act 2001 for MDA providers and custodians.

    Policy & regulationRules & requirementsOther
  • 2026-03-23AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission adds Moneysmart guidance on using publicly available AI tools for money questions

    The Australian Securities & Investments Commission (ASIC) has issued new guidance on its Moneysmart website to assist Australians using AI tools for financial information. It addresses the growing reliance on AI among Gen Z, highlighting potential inaccuracies and advising verification against trusted sources. ASIC also announced an updated Moneysmart website, celebrating 15 years of providing free consumer education.

    Policy & regulationGuidance & interpretationArtificial intelligence
  • 2026-03-23AustraliaAustralian Prudential Regulation Authority

    Australian Prudential Regulation Authority launches consultation on implementing the Government’s Retirement Reporting Framework

    The Australian Prudential Regulation Authority (APRA) has released a consultation package for implementing the Government’s Retirement Reporting Framework, including new superannuation data collections and reporting requirements. The package features a consultation paper, a technical paper on data calculation and mapping, and draft reporting standards for superannuation data, RSE business model reporting, and retirement member profiles.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-03-23ItalyItalian Institute for Insurance Supervision (IVASS)

    Italian Institute for Insurance Supervision warns of counterfeit surety bond policy documents using HDI Versicherung AG name

    The Italian Institute for Insurance Supervision (IVASS) issued an alert regarding counterfeit insurance documents falsely marketing surety bond policies under HDI Versicherung AG, which the insurer has disowned. IVASS emphasized that HDI Versicherung AG, supervised by Austria’s Financial Market Authority, does not issue such policies and urged consumers to verify insurer authorizations through IVASS’s resources before making payments.

    SupervisionAlertsFraud and scams
  • 2026-03-23LuxembourgLuxembourg Commissariat aux Assurances

    Luxembourg Insurance Commission amends annual reporting for direct insurers to add complaints contacts and non-EEA premium breakdown

    The Luxembourg Insurance Commission (Commissariat aux Assurances) issued Circular Letter 26/9 amending Circular Letter 21/6 on annual reporting by Luxembourg direct insurance undertakings, introducing targeted adjustments without changing the overall reporting structure. Key changes add tables on complaints handling for freedom to provide services activities and on premiums written outside the European Economic Area, and clarify instructions on the information sheet, employee reporting in full-time equivalents, and the reference to the separate auditor’s report. A coordinated version of Circular Letter 21/6 incorporating these amendments was published.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-03-23United StatesFederal Reserve Board

    Board of Governors of the Federal Reserve System analyses how industrial policies align with China’s record USD 1.2 trillion trade surplus

    The Federal Reserve Board published a FEDS Note analyzing China's record goods trade surplus of USD 1.2 trillion in 2025, driven by industrial policy interventions and macroeconomic factors. It highlights China's export market share gains, especially in manufacturing, and lagging import growth in commodities. Sectors with high policy intervention, like computing machinery and pharmaceuticals, are key contributors to export growth and trade balance increases.

    ResearchForeign exchange policy and markets
  • 2026-03-23United StatesNational Association Of Insurance Commissioners

    National Association of Insurance Commissioners President outlines 2026 priorities including an expanded homeowners data call and an AI examination tool pilot

    The National Association of Insurance Commissioners outlined strategic priorities at its 2026 Spring National Meeting, focusing on property risk mitigation, AI oversight, and life insurer investment risks. Key initiatives include risk-mitigation grant programs, an expanded Homeowners Market Data Call, and an AI Systems Evaluation Tool. The NAIC also plans to enhance market regulation through the Market Regulation and Consumer Affairs Committee.

    SupervisionSupervision approach, priorities & toolkitClimate risk and sustainable finance
  • 2026-03-23United StatesNational Association Of Insurance Commissioners

    National Association of Insurance Commissioners accredits New Jersey and Tennessee insurance departments under its solvency oversight standards

    The NAIC's Financial Regulation Standards and Accreditation Committee accredited New Jersey and Tennessee's insurance regulatory departments at the 2026 Spring National Meeting. This confirms compliance with NAIC standards for financial solvency oversight, allowing reliance by non-domestic states. Accreditation involves a comprehensive review every five years, with annual interim reviews assessing solvency laws, financial analysis, and regulatory practices.

    Policy & regulationImplementation, projects & pilotsSupervision process and methodologies
  • 2026-03-22Dominican RepublicCentral Bank of the Dominican Republic

    Central Bank of the Dominican Republic concludes its 12th Economic and Financial Week reaching 10,082 visitors across Santo Domingo, Santiago and Baní

    The Central Bank of the Dominican Republic concluded its 12th Economic and Financial Week 2026, part of its Aula Central initiative, with 10,082 visitors. The event featured 181 educational activities across multiple locations, expanding to Baní and Santiago for the first time. Since 2014, the programme has reached 61,603 visitors through over 1,000 activities.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-22IsraelBank of Israel

    Bank of Israel reports nonfinancial private sector debt rose 2.8% in Q4 2025 to NIS 2.5 trillion

    The Bank of Israel's annual survey revealed a 2.8% increase in nonfinancial private sector debt in Q4 2025, reaching NIS 2.5 trillion. Business sector debt rose by 3.6% to NIS 1.5 trillion, with significant bank credit and foreign debt raising, while household debt increased by 1.5% to NIS 903 billion, driven by housing and nonhousing debt growth. Bond issuance was notable, and the Tel Bond 60 yield spread fluctuated, reflecting market dynamics.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-03-22TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority runs Arusha insurance education and sports festival for over 300 students

    TIRA Northern Zone organized an insurance education and sports festival at the Arusha Institute of Accountancy to enhance student awareness. The event emphasized insurance's role in asset and community protection, aiming to shift disaster burdens from the government to TIRA-registered insurers. TIRA plans to expand similar initiatives across the Northern Zone, focusing on underserved communities and encouraging insurers to create products addressing Tanzania's key challenges.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-22GlobalBank for International Settlements

    Bank for International Settlements says Hyun Song Shin steps back immediately after Bank of Korea governor nomination and names Frank Smets acting head of its Monetary and Economic Department

    The Bank for International Settlements announced that Hyun Song Shin will step back from his duties following his nomination as Governor of the Bank of Korea. Frank Smets will serve as Acting Head of the BIS Monetary and Economic Department. The BIS had previously announced Mr. Shin's retirement at the end of August 2026, with Hélène Rey as his successor.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-03-22ChinaCentral Bank of the Republic of China

    Central Bank of the Republic of China reiterates moderately loose monetary policy and commitment to renminbi stability and financial opening

    The Central Bank of the Republic of China reaffirmed its supportive monetary policy, emphasizing a moderately loose stance for stable growth and market functioning. It plans to maintain ample liquidity through reserve requirement ratio adjustments and open market operations, while advancing financial opening and cross-border renminbi use. The bank also highlighted measures to curb "involution-style" competition and reiterated no intention to seek trade advantage through currency depreciation.

    Monetary policyMonetary policy assessments & outlooksEconomic data and developments
  • 2026-03-22GlobalInternational Monetary Fund

    International Monetary Fund urges China to boost consumption and deepen market-oriented reforms

    At the China Development Forum, IMF First Deputy Managing Director Dan Katz identified the Middle East conflict as a new global economic risk, warning of fiscal and monetary challenges from prolonged energy-price shocks. Katz emphasized China's need to enhance market forces, reorient towards consumption and services, and implement reforms to boost productivity. He also highlighted the importance of central banks articulating reaction functions and scenario analysis, especially where inflation expectations are anchored.

    Policy & regulationReform agendas & prioritiesMonetary policy decisions and developments
  • 2026-03-21United StatesFederal Reserve Board

    Federal Reserve Board Chair Powell accepts the Paul Volcker Public Integrity Award and stresses the link between independence and integrity

    Federal Reserve Board Chair Jerome H. Powell delivered remarks at the American Society for Public Administration’s Paul A. Volcker Public Integrity Award ceremony, reflecting on Volcker’s legacy and the Federal Reserve’s non-partisan service. Powell emphasized Volcker's commitment to maintaining restrictive policies to combat inflation in the early 1980s, highlighting the importance of central bank independence and integrity.

    Other
  • 2026-03-21EuropeEuropean Central Bank

    European Central Bank blog reviews Greece’s recovery and highlights unresolved distressed debt outside the banking system

    The European Central Bank reviewed Greece's recovery, noting banks have restored intermediation capacity but face persistent crisis legacies, including unresolved non-performing exposures and structural constraints. Greek banks improved capital and balance sheets, aided by the Hellenic Asset Protection Scheme, which securitised EUR 57 billion in non-performing loans by 2025. Despite increased lending and export growth, challenges remain with institutional quality, high public debt, and contingent fiscal liabilities.

    ResearchFinancial and market indicatorsFinancial stability and systemic risk
  • 2026-03-21EuropeEuropean Central Bank

    European Central Bank details digital euro pilot plan starting in second half of 2027 and participant selection from Q1 2026

    The European Central Bank (ECB) outlined the policy rationale for a digital euro, emphasizing its role as a digital form of cash to complement existing payment options and enhance freedom of choice. A 12-month pilot is planned for the second half of 2027, involving real-world transactions with selected payment service providers and merchants. The ECB will decide on issuing a digital euro after relevant EU legislation is adopted, with discussions expected to conclude in May.

    Policy & regulationImplementation, projects & pilotsCBDC
  • 2026-03-21VietnamState Bank of Vietnam

    State Bank of Vietnam governor Nguyen Thi Hong elected to Vietnam’s 16th National Assembly

    The State Bank of Vietnam announced that Governor Nguyen Thi Hong has been elected as a deputy to Vietnam’s 16th National Assembly. The election resulted in 500 deputies, with a notable increase in full-time deputies and women accounting for 30% of the elected. Four other banking-sector officials were also elected, including leaders from Agribank and Vietcombank.

    Institutional developmentLeadership change & appointmentsOther
  • 2026-03-21ChinaChina Securities Regulatory Commission

    China Securities Regulatory Commission disciplinary inspectors probe former Hubei bureau chief Wang Guangyou for suspected serious violations

    The Central Commission for Discipline Inspection and National Supervisory Commission, alongside the Hubei Provincial Supervisory Commission, are investigating Wang Guangyou, former Party committee secretary and director of the Hubei Securities Regulatory Bureau, for alleged serious disciplinary and legal violations.

    SupervisionReviews, inspections & stress testsBribery and corruption
  • 2026-03-21ColombiaSuperintendencia Financiera de Colombia

    Financial Superintendence of Colombia concludes Global Money Week 2026 programme reaching 3,586 people

    The Financial Superintendence of Colombia recapped its participation in Global Money Week 2026, engaging 3,586 individuals across nine departments and 11 municipalities. The initiative focused on financial education, promoting responsible financial habits, fraud prevention, and safe use of financial products, tailored to local contexts.

    Financial literacy & educationFinancial literacy and education
  • 2026-03-20KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo welcomes Boris Vujcic’s appointment as European Central Bank Vice-President

    The Central Bank of the Republic of Kosovo congratulated Croatian National Bank Governor Boris Vujcic on his appointment as Vice-President of the European Central Bank, effective 1 June 2026. The statement emphasized strong cooperation between the two central banks and noted Vujcic's previous visit to Kosovo. Governor Ahmet Ismaili framed the appointment as a significant milestone for Croatia and the region, potentially enhancing cooperation with the ECB and financial integration.

    OtherCross-border cooperation
  • 2026-03-20ColombiaSuperintendencia Financiera de Colombia

    Financial Superintendence of Colombia reports Credit Pact completed with COP 241.6 trillion disbursed and 94.9% of target met

    The Financial Superintendence of Colombia concluded the Credit Pact, achieving 94.9% of planned loan disbursements, with COP 241.6 trillion disbursed from September 2024 to February 2026. The report highlights sector-specific target fulfilment, with housing and infrastructure leading at 125.8%, and details disbursements to micro, small, and medium-sized enterprises and individuals. It also discusses innovative credit approaches in agriculture and the popular economy, including associative and low-amount credit lines.

    SupervisionRisk monitoring & watch pointsLending
  • 2026-03-20ColombiaSuperintendencia Financiera de Colombia

    Financial Superintendency of Colombia’s César Ferrari urges new mechanisms to mobilise private capital for Africa and Latin America development finance

    The Financial Superintendency of Colombia reported on Superintendent César Ferrari moderating a panel on enhancing investment and financing opportunities between Africa, Latin America, and the Caribbean. Discussions included integrating financial systems, structuring joint investment portfolios, and internationalizing trade links. The panel also examined financing instruments for SMEs and the role of private equity funds in scaling joint projects.

    Policy & regulationCooperationCross-border cooperation
  • 2026-03-20United StatesU.S. Department of Justice

    U.S. Department of Justice secures guilty plea from former Nodus International Bank CEO over at least USD 24.9 million wire fraud and Venezuela sanctions evasion

    The U.S. Department of Justice announced that Tomás Niembro Concha, former CEO of Nodus International Bank, pleaded guilty to wire fraud conspiracy and violating the International Emergency Economic Powers Act, involving USD 24.9 million and evading U.S. sanctions on Venezuela-linked individuals. From 2017 to 2023, Niembro and co-conspirators allegedly concealed investments and loans from the bank's board and regulators. Niembro agreed to forfeit USD 16.9 million, with sentencing set for June 8, each charge carrying a maximum penalty of 20 years in prison.

    EnforcementInvestigations & enforcement actionsFraud and scamsNew sanctions designations
  • 2026-03-20PolandPolish Financial Supervision Commission (KNF)

    Polish Financial Supervision Commission benchmark reform working group launches consultation on WIBOR replacement rate for floating-rate debt securities

    The Polish Financial Supervision Commission's National Working Group on Benchmark Reform has initiated a consultation on a draft recommendation for applying the replacement rate for the WIBOR reference index in floating-rate debt securities. The consultation also addresses servicing outstanding issuances with interest calculations referencing WIBOR.

    Policy & regulationGuidance & interpretationFinancial benchmarks
  • 2026-03-20UkraineNational Bank of Ukraine

    National Bank of Ukraine revises 2022–2025 balance of payments data increasing current account deficits by up to USD 2.2 billion

    The National Bank of Ukraine has revised balance of payments indicators for 2022–2025 due to methodological improvements and new data, including digital service imports. The revisions increased the current account deficit by USD 1.1 billion in 2022, USD 1.4 billion in 2023, USD 1.7 billion in 2024, and USD 2.2 billion in 2025. A list of statistical changes and reasons for adjustments has been published in the bank's methodological materials.

    Data & statisticsBalance of payments and other external statistics