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2026-03-13•Europe•European Central Bank
The European Central Bank's weekly balance sheet data shows a decrease in total assets and liabilities to EUR 6,168,261 million, down EUR 8,203 million from the previous week. Key changes include a EUR 6,990 million decline in securities held for monetary policy purposes and an EUR 11,750 million drop in deposit facility balances. Lending to euro area credit institutions increased by EUR 957 million, while current accounts rose by EUR 3,437 million.
Data & statistics Balance of payments and other external statistics
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2026-03-13•United States•New York State Department of Financial Services
The New York State Department of Financial Services updated Governor Kathy Hochul’s auto insurance reform package, projected to save the Metropolitan Transportation Authority USD 48 million annually by reducing liability in certain crash settlements. The reforms modernize New York’s auto liability framework, addressing staged-accident fraud and disproportionate damage awards, while mandating insurer accountability and incentivizing safe driving. The package is part of the FY 2027 Executive Budget under consideration by the New York State Legislature.
Policy & regulation Reform agendas & priorities Other
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2026-03-13•United States•Federal Reserve Bank of Cleveland
The Federal Reserve Bank of Cleveland appointed Elizabeth Marengo as senior vice president and chief human resources officer, effective March 9. Marengo, formerly chief people officer at HMH, brings over 20 years of experience in human resources and talent strategy. She will lead efforts to attract and retain staff across the Fourth Federal Reserve District.
Institutional development Leadership change & appointments Hiring and recruitment
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2026-03-13•Global•International Monetary Fund
IMF Deputy Managing Director Nigel Clarke emphasized leveraging Latin America's energy and minerals for economic development through resilient supply chains and domestic value capture. Priorities include adapting to a fragmented global production landscape, promoting diversification, and fostering long-term investment. He highlighted regional integration and trade agreements, like the EU–Mercosur agreement, as vital for increasing and diversifying exports.
Policy & regulation International standards & recommendations Climate risk and sustainable finance
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2026-03-13•Greece•Ministry of National Economy and Finance (Greece)
Greece's Ministry of National Economy and Finance, via Minister Kyriakos Pierrakakis, outlined potential measures in response to the Middle East crisis, focusing on oil and gas price impacts, with USD 100 per barrel as a reference. The interview emphasized a unified European energy market, diversification from Russian gas, and domestic priorities like EUR 4.5 billion in Crete infrastructure investments. Pierrakakis stressed qualitative assessments for interventions and the European Central Bank's independence.
Policy & regulation Reform agendas & priorities Other
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2026-03-13•Macao•Monetary Authority of Macao
The Monetary Authority of Macao, together with the Macao Institute of Financial Training and the Macao Association of Banks, will continue its Financial Talent Training Pilot Project on wealth management in summer 2026, offering structured training and on-the-job experience for university students. The five-week programme combines a one-week in-person wealth management course with a four-week internship in private banking or wealth management departments at local financial institutions, supported by industry mentors and a completion certificate.
Policy & regulation Implementation, projects & pilots Financial literacy and education
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2026-03-13•India•Securities & Exchange Board of India
The Securities and Exchange Board of India issued a circular detailing conditions for intraday borrowings by mutual funds under the SEBI (Mutual Funds) Regulations, 2026. From April 1, 2026, these policies must be approved by the asset management company's board and trustees, and published online. SEBI also clarified borrowing conditions for equity-oriented index funds and ETFs related to under-execution of sell trades for participation in the Closing Auction Session.
Policy & regulation Guidance & interpretation Liquidity risk
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2026-03-13•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission reported that the total net asset value (NAV) of Guernsey funds was GBP 272.8 billion at the end of Q4 2025, remaining stable from the previous quarter but declining by GBP 17.3 billion (5.9%) over the year. Closed-ended schemes decreased by GBP 1.6 billion (0.7%) for the quarter, while open-ended schemes rose by GBP 1.6 billion (3.4%). Guernsey Sustainable Funds accounted for GBP 4.5 billion of the NAV.
Data & statistics Financial and market indicators
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2026-03-13•Russia•Central Bank of Russia
The Central Bank of Russia's analysis of the retail investment market finds no systemic risks despite increased household participation. Qualified investors, who dominate trading, have acted countercyclically, stabilizing price volatility. The bank notes a need for greater sectoral diversification among retail investors, who currently favor financial, oil and gas securities, and government bonds.
Research Financial stability and systemic risk
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2026-03-13•Russia•Central Bank of Russia
The Central Bank of Russia's 2025 Review of Financial Instruments highlights a rise in government bond yields amid disinflation and monetary policy easing. Demand shifted from variable to fixed coupon corporate bonds, with banks as primary investors and growing participation from institutional and retail investors. The digital financial assets market expanded, with increased short-term debt issues and more small companies issuing bonds.
Research
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2026-03-13•United Kingdom•UK Parliament
The UK Parliament's House of Lords completed the third reading of the National Insurance Contributions (Employer Pensions Contributions) Bill, which allows a NICs charge on employer pension contributions via salary sacrifice exceeding GBP 2,000 annually. No amendments were made, and the bill returns to the House of Commons for further consideration.
Policy & regulation Rules & requirements Other
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2026-03-13•Botswana•Botswana Non-Bank Financial Institutions Regulatory Authority
The Botswana Non-Bank Financial Institutions Regulatory Authority presented at the Botswana Pension Society Conference 2026, focusing on regulatory updates for the retirement funds sector. Highlights included the Retirement Funds Regulations (2025) and Administrative Rules (2024) aimed at enhancing governance and transparency. NBFIRA reported retirement funds’ assets under management reached BWP 167.2 billion by December 2025, with 45.3% invested locally.
Policy & regulation Guidance & interpretation
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2026-03-13•Indonesia•OJK
Indonesia's Financial Services Authority (OJK) sanctioned PT Bliss Properti Indonesia Tbk and PT Sejahtera Bintang Abadi Textile Tbk for capital markets breaches. PT Bliss Properti Indonesia Tbk was fined IDR 5,625,000,000 for misstating assets and other violations, with lifetime bans and fines for key individuals and service providers. PT Sejahtera Bintang Abadi Textile Tbk received a written warning and fines for not following conflict-of-interest transaction procedures.
Enforcement Sanctions & designations Corporate governance
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2026-03-13•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission published a Chinese-language speech by Dr. Kelvin Wong, titled “Revitalising Governance for Business Growth in New Year of the Horse,” delivered at The Hong Kong Independent Non-Executive Director Association’s Spring Luncheon 2026.
Policy & regulation Guidance & interpretation Corporate governance
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2026-03-13•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority issued a scam alert about fraudulent websites, fake internet banking login screens, and phishing emails involving banks like The Bank of East Asia and Bank of China (Hong Kong). The alert emphasizes banks will not send SMS or emails with embedded hyperlinks for transactions or request sensitive information. Affected individuals should contact their bank and report to the Hong Kong Police Force.
Supervision Alerts Fraud and scams
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2026-03-13•United Kingdom•Financial Conduct Authority
The Financial Conduct Authority (FCA) issued a Final Notice prohibiting Kasim Garipoglu from working in UK financial services, citing a lack of honesty and integrity. Garipoglu, who owned a firm offering online trading of foreign exchange and contracts, repeatedly violated regulatory requirements, undermined compliance and anti-money laundering controls, and engaged in serious misconduct. His firm is no longer authorised by the FCA, and his legal challenges against the prohibition were dismissed.
Enforcement Investigations & enforcement actions
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2026-03-13•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market is restructuring its internal operations to enhance efficiency and decision-making. The redesign aims to eliminate functional duplication, simplify decision processes, and improve departmental interactions to streamline regulatory workflows and communication with market participants.
Institutional development Mandate & organizational structure Organizational structure
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2026-03-13•Europe•European Insurance and Occupational Pensions Authority
The European Insurance and Occupational Pensions Authority (EIOPA) has released a discussion paper and initiated a consultation to address inefficiencies and inconsistencies in regulatory reporting for the insurance and occupational pensions sectors. This initiative, under the amended Solvency II Directive, aims to enhance data standardisation and sharing while reducing compliance costs. Feedback will inform EIOPA's report to the European Commission.
Policy & regulation Reform agendas & priorities Regulatory reporting
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2026-03-13•South Korea•South Korea Financial Services Commission
South Korea’s Financial Services Commission Chairman Lee Eog-weon and Standard Chartered Group CEO Bill Winters discussed the global financial impact of the Middle East crisis and Korea's response measures. Lee detailed a 24-hour monitoring system and KRW 100 trillion-plus market stabilization programs to maintain financial stability. Winters expressed interest in Korea's measures and the strong performance of its stock markets.
Policy & regulation Cooperation Geopolitical risk
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2026-03-13•Finland•Bank of Finland
The Bank of Finland's Parliamentary Supervisory Council confirmed the 2025 financial statements, showing an audited profit of EUR 0.00 after reductions in provisions. The Bank recorded an operating loss of EUR 215 million, primarily due to interest paid on commercial banks' deposits, linked to structural interest rate risk from the Eurosystem's monetary policy purchase programme. Despite a decline in interest payable since June 2024, interest expenses on excess liquidity surpassed income from monetary policy and financial asset instruments.
Institutional development Governance Financial and market indicators Financial stability and systemic risk
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2026-03-13•Russia•Central Bank of Russia
The Central Bank of Russia has started publishing weighted average interest rates on ruble-denominated bank loans to non-financial organizations, excluding subsidized loans. This data will be updated monthly according to the Official Statistics Release Calendar.
Data & statistics Financial and market indicators
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2026-03-13•Sweden•Finansinspektionen
Sweden's Financial Supervisory Authority seeks expressions of interest to join a reference group for its Innovationskompassen project, focusing on the reliability of automated and AI-based ESG data methods. The project aims to address supervisory guidance needs by mapping challenges in ESG data use, including sustainability reporting and risk management. Selected participants will engage in workshops from April to June 2026.
Policy & regulation Guidance & interpretation Artificial intelligence ESG
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2026-03-13•Paraguay•Central Bank of Paraguay
The Central Bank of Paraguay has updated the SIPAP rulebook and doubled the maximum instant transfer amount through the Instant Payment System to PYG 10 million from PYG 5 million. The revision also adds provisions for new functionalities including CDA-d, the QR Hub and NFC payments. Participating entities must adapt their public electronic channels to support the new limit when the rule takes effect.
Policy & regulation Rules & requirements Payments and payment systems
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2026-03-13•Russia•Central Bank of Russia
The Central Bank of Russia reported a significant rise in alternative non-card payment methods in 2025, increasing their share of cashless payments to 14.1%. Bluetooth Low Energy payments reached 35 million transactions worth over RUB 33 billion, while QR code and biometric payments totaled RUB 5.7 trillion, both showing substantial growth from the previous year. E-wallet transactions surged to 8.8 billion, valued at RUB 13.3 trillion, largely due to marketplace models.
Data & statistics Payments and payment systems
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2026-03-13•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority released the Exchange Fund's key analytical accounts for February 2026 under the IMF's Special Data Dissemination Standard. Foreign assets increased by HKD32.8 billion to HKD3,630.1 billion, with a monetary base of HKD2,071.5 billion and foreign liabilities at HKD72.5 billion. The HKMA confirmed four monthly data releases, with the next scheduled for 31 March 2026.
Data & statistics Monetary data
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2026-03-13•Laos•Bank of the Lao
The Bank of the Lao held a seminar on International Financial Reporting Standards (IFRS), focusing on expected credit loss modelling under IFRS 9. The event, attended by central bank officials, the Securities Commission Office, the Ministry of Finance, and commercial banks, emphasized practical approaches to IFRS 9 model validation. Participants were urged to prepare for IFRS implementation during 2026–2027, targeting full adoption by 2028.
Policy & regulation Implementation, projects & pilots Accounting and financial reporting
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2026-03-13•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission has proposed lifting its moratorium on new online lending platforms while introducing higher capital, prudential and consumer protection standards. The framework would cap each financing or lending company at 10 platforms and require paid-up capital of up to PHP 100 million or PHP 50 million, respectively. It would also restrict data use and collection practices, prohibit outsourcing of core lending functions and require credit data reporting and checks.
Policy & regulation Rules & requirements Lending Consumer and investor protection Capital adequacy
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2026-03-13•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic suspended the licenses of two exchange bureaus for violating national legislation and its regulations. Additionally, a Kyrgyz citizen was fined KGS 17,500 for unauthorized cash foreign currency exchange operations in the Chuy region.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity
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2026-03-13•Thailand•Thailand Office of Insurance Commission
Thailand’s Office of Insurance Commission announced that the Central Administrative Court dismissed a request to suspend a registrar’s order allowing motor insurance policies to name up to five drivers. The order, which remains in effect, expands the maximum number of named drivers and approves premium rate schedules for 31 insurers. The measure is optional and aims to offer higher premium discounts for policyholders with good driving behavior.
Policy & regulation Rules & requirements Other
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2026-03-13•Portugal•Portuguese Insurance Regulator (ASF)
The Portuguese Insurance Regulator (ASF) issued a Practical Guide for Older Consumers on insurance and pension funds to aid safer financial decisions. It includes consumer protection information, such as cooling-off rights and access to arbitration for disputes up to EUR 5,000, and covers key topics like mandatory motor liability insurance and health insurance supervision. It also highlights ASF tools and services, including apps for checking vehicle insurance and policy information, and platforms for pension fund comparisons.
Policy & regulation Guidance & interpretation Consumer and investor protection
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2026-03-13•Italy•Italian Institute for Insurance Supervision (IVASS)
The Italian Institute for Insurance Supervision (IVASS) has ordered the blocking of three websites for illegally offering insurance services, bringing the total number of blocked sites to 352 since November 2023. IVASS advises consumers to verify insurance offers and payment requests, particularly those made via instant messaging and prepaid credit cards, against its official lists of supervised intermediaries and insurers.
Supervision Interventions Fraud and scams
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2026-03-13•Europe•European Central Bank
The European Central Bank (ECB) has issued an opinion on amending the Artificial Intelligence Act, advocating for clearer separation between bank supervision and AI market surveillance. The ECB suggests legal provisions for information sharing with national market surveillance authorities and calls for clarification on "high-risk" credit scoring techniques. It recommends excluding certain models from high-risk classification and involving other European financial authorities in guidance for regulated firms.
Policy & regulation Guidance & interpretation Artificial intelligence
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2026-03-13•India•Securities & Exchange Board of India
Dr. Sadanand S. Date has been appointed as Executive Director of the Securities and Exchange Board of India, overseeing the Investigations Department. Date, a 2007-batch Indian Police Service officer, previously served in various leadership roles within the Central Bureau of Investigation and holds multiple advanced degrees and certifications.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-13•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority (HKMA) released a music video titled “Confronting Lachachu” for its 2026 anti-fraud campaign, featuring AI technology and a kung fu game concept to promote fraud-prevention messages. The video emphasizes three prevention rules: avoid suspicious links, do not pay advance fees for rewards, and refrain from sharing personal information in online romances. The HKMA's public education efforts, including this campaign, were recognized with the Central Banking Awards 2026 “Communications Initiative.”
Financial literacy & education Fraud and scams Consumer and investor protection
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2026-03-13•Honduras•Central Bank of Honduras
The Central Bank of Honduras reported a USD 521.7 million increase in net international reserves (RIN) as of 12 March 2026, reaching USD 10,827.5 million. The import-coverage ratio improved to 6.52 months, surpassing the international standard.
Data & statistics Balance of payments and other external statistics
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2026-03-13•Honduras•Central Bank of Honduras
The Central Bank of Honduras released its February 2026 Survey of Expectations of Macroeconomic Analysts, showing optimism for sustained economic growth. The Economic Activity Confidence Index increased to 63.2 points, driven by factors such as strong private consumption, investment, and stable inflation. Analysts forecast GDP growth of 3.7% in 2026 and year-on-year inflation of 4.37% by end-2026.
Data & statistics Economic data and developments
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2026-03-13•Costa Rica•Central Bank of Costa Rica
The Central Bank of Costa Rica's Monthly Index of Economic Activity for January 2026 shows a 4.8% year-on-year increase in national output, with firms in the definitive regime contributing 60.8% to this growth. Special regimes saw a 9.8% rise, with notable activity in medical devices manufacturing and IT services.
Data & statistics Economic data and developments
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2026-03-13•Argentina•Argentina Securities Commission (CNV)
Argentina Securities Commission Vice President Sonia Salvatierra spoke at the Ibero-American Institute of Securities Markets meeting in Panama about modernizing Argentina's capital markets, focusing on financial innovation and digital assets. She highlighted new rules on Virtual Asset Service Providers and the Tokenization Regime. The event also covered regulatory harmonization, market integration, and international cooperation.
Policy & regulation Rules & requirements Market development Domestic cooperation
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2026-03-13•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senate Banking Committee Ranking Member Elizabeth Warren, Senate Foreign Relations Committee Ranking Member Jeanne Shaheen, and Senate Democratic Leader Chuck Schumer criticized the Trump Administration for allegedly providing further sanctions relief to Russia. They urged Treasury Secretary Bessent to testify, citing concerns over compliance with the Countering America’s Adversaries Through Sanctions Act and potential financial benefits to Russia. The lawmakers questioned the Treasury's shifting explanations and the characterization of the sanctions as "narrowly tailored."
Policy & regulation Other Sanctions list update
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2026-03-13•Colombia•Central Bank of Colombia
The Central Bank of Colombia issued Circular DTE–189 (Item 40) concerning the 50-peso metallic coin.
Policy & regulation Rules & requirements Monetary policy decisions and developments
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2026-03-13•Australia•Australian Financial Complaints Authority
The Australian Financial Complaints Authority (AFCA) released a video on a lead determination involving United Global Capital, in liquidation, to guide complaints related to the Shield and First Guardian Master Funds collapses. It found inappropriate advice was given to establish a self-managed super fund (SMSF) and invest in the First Guardian Master Fund, resulting in a compensation award of approximately AUD 230,000. AFCA aims to streamline similar complaints and provide clearer outcomes for affected consumers.
Policy & regulation Guidance & interpretation Consumer and investor protection
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2026-03-13•Australia•Australian Financial Complaints Authority
The Australian Financial Complaints Authority (AFCA) now includes scam-related complaints involving receiving banks and unauthorized account openings, even if the complainant isn't a customer. This move enhances transparency and accountability in banking and aligns with the Scams Prevention Framework. In 2025, AFCA received 6,228 scam complaints, a 29% decrease from 2024, with an average claimed loss of AUD 30,333.
Policy & regulation Rules & requirements Complaints and dispute resolution
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2026-03-13•Hong Kong•Financial Services and the Treasury Bureau (Hong Kong)
Hong Kong's Financial Services and the Treasury Bureau published consultation conclusions and a two-phase package to enhance regulation of licensed money lenders, targeting excessive borrowing and public protection. Phase one, effective August 2026, includes debt servicing ratio caps for low-income earners and mandatory risk warnings in ads. Phase two, scheduled for June 2027, involves revised licensing conditions and administrative guidelines.
Policy & regulation Rules & requirements Licensing framework and process
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2026-03-13•Laos•Bank of the Lao
The Bank of the Lao, in collaboration with the Lao People's Revolutionary Youth Union, conducted a financial-literacy outreach program to educate students on inflation risks and financial fraud prevention. The initiative reached over 825 students across five institutions, featuring presentations and discussions led by Jittakorn Jittaphong and Youth Union representatives.
Financial literacy & education Other
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2026-03-13•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
U.S. Senate Committee on Banking, Housing and Urban Affairs Ranking Member Elizabeth Warren called for a halt on Federal Reserve nominations following a federal judge's ruling on subpoenas involving Jerome Powell. Warren urged the Senate to wait until Department of Justice investigations against Powell and Lisa Cook are dismissed, labeling them a "witch hunt."
Other
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2026-03-13•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement from Senator Elizabeth Warren regarding a court ruling against the Trump Administration's attempt to defund the Consumer Financial Protection Bureau (CFPB). The court ordered Russ Vought to secure necessary funding for the CFPB. Warren emphasized the CFPB's success in returning over USD 21 billion to consumers and pledged ongoing support for the agency.
Other
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2026-03-12•Ecuador•Superintendencia de Bancos de Ecuador
Ecuador's Superintendency of Banks held a staff training session to enhance technological knowledge for better financial system supervision. The program covered blockchain, artificial intelligence, and digital environments, focusing on their implications for financial operations management and security. Presentations addressed blockchain applications, digital consensus, trust without intermediaries, and regulatory compliance, alongside discussions on developing blockchain regulation in Ecuador.
Institutional development Cooperation & capacity building Supervision process and methodologies Artificial intelligence Blockchain and distributed ledger technology
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2026-03-12•Dominican Republic•Superintencencia de Bancos de la Republica Dominicana
The Superintendency of Banks of the Dominican Republic will sponsor four financial education talks for children and adolescents during the Central Bank’s Economic and Financial Week and Global Money Week. Sessions will be held in Santo Domingo, Santiago, and Baní, with topics tailored for different age groups. Additionally, the Superintendency will offer guidance and tools at a ProUsuario stand, including assistance with the ProUsuario mobile app.
Financial literacy & education Financial literacy and education
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2026-03-12•Bulgaria•Bulgaria Financial Supervision Commission
The Bulgaria Financial Supervision Commission adopted a new ordinance for licensing token issuers and crypto-asset service providers, alongside authorisation and register decisions in securities and insurance supervision. It approved bond issue prospectuses for Mainable Energy Fund AD and Sila Holding AD, and extended Phoenix Insurance Company EAD's licence to include new insurance classes. Additional register updates include entries and deletions related to insurance brokers and training organisations.
Policy & regulation Rules & requirements Securities offerings and listings
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2026-03-12•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic and the European Bank for Reconstruction and Development conducted a seminar on compliance in international trade. The event addressed practical approaches to sanctions implementation, risks of sanctions circumvention, and broader sanctions risk management challenges.
Policy & regulation Implementation, projects & pilots Sanctions list update
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2026-03-12•Saudi Arabia•Saudi Arabian Monetary Authority
The Saudi Central Bank (SAMA) has licensed Aij Company for Financing to offer financing to small and medium-sized enterprises and consumers, increasing the total number of licensed finance companies to 71. This decision aligns with SAMA's strategy to enhance the finance sector's efficiency and promote financial inclusion in Saudi Arabia.
Supervision Authorisations & approvals Licence approval
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2026-03-12•Saudi Arabia•Saudi Arabian Monetary Authority
The Saudi Central Bank (SAMA) has licensed Wukad Solutions for Aggregation Services to offer finance aggregation services in Saudi Arabia. This decision aligns with SAMA's goals to enhance financial sector efficiency and promote innovative solutions for financial inclusion. SAMA also emphasized the importance of engaging only with authorized financial institutions.
Supervision Authorisations & approvals Licence approval
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2026-03-12•Japan•Japan Securities and Exchange Surveillance Commission
The Japan Securities and Exchange Surveillance Commission filed a criminal complaint for suspected insider trading involving Toyo Securities shares. Suspect A, a director at Mita Securities, allegedly used non-public information about Toyo Securities’ dividend forecast to purchase shares worth JPY 496.3 million with Suspects B and C. The conduct is cited under the Financial Instruments and Exchange Act and the Criminal Code, with penalties of up to five years’ imprisonment or a JPY 5 million fine.
Enforcement Investigations & enforcement actions Market abuse
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2026-03-12•Japan•Japan Securities and Exchange Surveillance Commission
Japan's Securities and Exchange Surveillance Commission filed a criminal complaint for suspected market manipulation involving five Tokyo Stock Exchange-listed shares, including Super Value Co., Ltd. The alleged activities involved placing misleading orders to create a false impression of market activity, with matched buying and selling without transferring rights. The offences, under Articles 159 and 197 of the Financial Instruments and Exchange Act, carry penalties of up to 10 years’ imprisonment or a fine of up to JPY 10 million, supported by the Japan Exchange Self-Regulatory Corporation.
Enforcement Investigations & enforcement actions Market abuse
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2026-03-12•Ukraine•National Bank of Ukraine
The National Bank of Ukraine (NBU) and Mastercard signed a Memorandum of Understanding to enhance cybersecurity cooperation, aiming to bolster Ukraine's financial sector's cyber resilience. The partnership will focus on promoting cybersecurity best practices, data exchange on cyber threats, and building competencies in threat prevention and response. This initiative aligns with Mastercard's Digital Country Partnership program in Ukraine.
Policy & regulation Cooperation Cyber resilience Domestic cooperation
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2026-03-12•Italy•Bank of Italy
The Bank of Italy published six Occasional Papers (Nos. 1001–1006) examining AI's macroeconomic and firm-level effects, sustainable finance pricing, and corporate lending by Italian less significant institutions. Key topics include AI's impact on the US economy, effects on Italian firms, and the use of generative AI in policy briefing and climate data. The studies also explore environmental scores' influence on bond pricing and patterns in corporate lending.
Research Artificial intelligence Accounting and financial reporting
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2026-03-12•Brazil•Central Bank of Brazil
The Central Bank of Brazil announced Bruno Tiberto won the Central Banking Awards 2026 in "Economics in Central Banking" for his research on central bank independence's impact on inflation, income inequality, and poverty. His study, covering 46 countries from 1980 to 2022, shows greater central bank autonomy mitigates inflation's regressive effects, benefiting lower-income groups. The full paper is published in the Journal of International Money and Finance.
Research Monetary policy decisions and developments
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2026-03-12•Greece•Bank of Greece
The Bank of Greece reported a 3.4% increase in occupational pension fund assets for Q4 2025, totaling EUR 2,833 million. Deposits rose by EUR 15 million, while debt securities and investment fund shares saw shifts in asset shares due to net purchases and valuation changes. Equity holdings slightly decreased, reflecting net sales and valuation gains.
Data & statistics Financial and market indicators
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2026-03-12•Japan•Japan Financial Services Agency
The Japan Financial Services Agency summarized a G7 finance ministers meeting on the Middle East's impact on global stability, trade, and financial markets. Participants agreed to monitor energy markets and consider releasing oil reserves to support global supply. The International Energy Agency and International Monetary Fund highlighted the need for coordinated oil stockpile releases and discussed market volatility from rising crude oil prices.
Policy & regulation Cooperation Geopolitical risk
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2026-03-12•Indonesia•OJK
Indonesia’s Financial Services Authority (OJK) announced that the House of Representatives (DPR RI) approved five nominees for OJK’s Board of Commissioners, including Friderica Widyasari Dewi as Chair and Hernawan Bekti Sasongko as Vice Chair. The nominees, covering roles in capital markets, consumer protection, and financial technology innovation, await presidential appointment.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-12•Peru•Superintendencia de Banca, Seguros y AFP del Peru
Peru's Superintendency of Banking, Insurance and Private Pension Funds (SBS) approved amendments to align regulations for electronic money operations and basic savings accounts, aiming to reduce user barriers and promote digital wallets. Under SBS Resolution No. 00704-2026, the SBS increased limits for simplified electronic money accounts and replaced the minimum living wage with the Tax Unit as the reference for operating limits, ensuring automatic updates for inflation. These changes simplify account-opening requirements to support financial inclusion.
Policy & regulation Rules & requirements Financial inclusion
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2026-03-12•Greece•Ministry of National Economy and Finance (Greece)
Greece’s Ministry of National Economy and Finance, via Minister Kyriakos Pierrakakis, highlighted the Eurogroup's efforts to expedite EU financial integration and Greece's strategy to mitigate energy-driven price pressures. Pierrakakis emphasized completing the EU Capital Markets Union, financial system digitization, and facilitating cross-border bank mergers. Domestically, further interventions will be evaluated based on market developments and must comply with the EU's new fiscal framework spending rules.
Policy & regulation Reform agendas & priorities Other
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2026-03-12•Mexico•Mexico Comision Nacional Bancaria y de Valores (CNBV)
Mexico's National Banking and Securities Commission (CNBV) introduced tools to aid issuers in meeting sustainability disclosure obligations under the Circular Única de Emisoras. The tools align with IFRS Sustainability Disclosure Standards IFRS S1 and S2, featuring a guidance document, a self-assessment tool, and a digital platform, "Sustainability Route." Developed with the UK PACT programme and the Global Green Growth Institute, these resources aim to integrate environmental, social, and governance criteria into the Mexican financial system.
Policy & regulation Guidance & interpretation Climate risk and sustainable finance
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2026-03-12•Brazil•Brazilian Superintendence of Private Insurance (SUSEP)
The Brazilian Superintendence of Private Insurance (SUSEP) issued CNSP Resolution No. 489, updating fiscal management, intervention, and liquidation regimes for insurers, effective 90 days post-publication. Aligning with Law No. 14.112/2020, it revises claim rankings in bankruptcy and updates operational and classification criteria. It includes provisions for insurance cooperatives and mutual property protection administrators, with operational deadlines to be detailed in a forthcoming SUSEP resolution.
Policy & regulation Rules & requirements Recovery and resolution
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2026-03-12•Brazil•Brazil Securities Commission (CVM)
Brazil’s Securities Commission (CVM) issued Deliberation CVM 906 to support the Eco Invest Programme by waiving certain regulatory requirements for investment funds. This aligns with the programme’s third auction model, focusing on equity transactions through FIP, FII, and FIAGRO. CVM clarified that deliberations are specific actions for identified legal entities, issued without a regulatory impact assessment or public consultation.
Policy & regulation Guidance & interpretation Securities offerings and listings
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2026-03-12•Europe•European Securities and Markets Authority
The European Securities and Markets Authority (ESMA) released findings from its 2025 Call for Evidence on the retail investor journey, outlining actions to improve access to suitable investment opportunities. Key areas include simplifying disclosure requirements, suitability assessments, and MiFID II sustainability preferences. The report will inform ESMA's future technical advice and potential updates to guidelines, aligning with the Retail Investment Strategy.
Policy & regulation Guidance & interpretation Consumer and investor protection Disclosures
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2026-03-12•Belgium•Belgium Financial Services and Markets Authority
Belgium’s Financial Services and Markets Authority (FSMA) issued a warning about fraudulent online trading platforms, adding new websites and brands to its caution list. The FSMA highlights tactics such as fake ads and social media profiles used to lure victims into making deposits, which are then obstructed from withdrawal. Consumers are advised to verify authorisation status and report any suspicious activity to the FSMA and police.
Supervision Alerts Fraud and scams
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2026-03-12•Sweden•Riksbank
Sweden's Riksbank released its Payments Report 2026, outlining measures to enhance payment market resilience and inclusion. The report urges banks to expand services on national and European systems, promote instant payments, and improve access for those without payment accounts. It also recommends legislative action if progress is not made, and suggests a SEK 10,000 limit on cash purchases to deter criminal activity.
Policy & regulation Reform agendas & priorities Payments and payment systems
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2026-03-12•Mexico•CONDUSEF
In February 2026, Mexico's CONDUSEF reported eight identity impersonation cases involving financial institutions in the SIPRES registry. Impersonators used corporate names, logos, and details to deceive individuals. Affected institutions include Stewart Title Guaranty de México, Finacciona, and Morgan Stanley México.
Supervision Alerts Fraud and scams
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2026-03-12•Japan•Japan Financial Services Agency
The Japan Financial Services Agency concluded that allowing local governments to receive payments like loan principal and interest through prepaid instruments under the Fund Settlement Act is appropriate. This decision follows public consultation and aligns with the Cabinet Office’s Decentralization Reform initiative, citing operational benefits and low risks of regulatory circumvention or financial crime. The Agency's analysis focused on specific payment types and referenced the Financial Services Council Working Group’s approach to donations by prepaid instruments.
Policy & regulation Guidance & interpretation Payments and payment systems
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2026-03-12•Japan•Japan Financial Services Agency
The Japan Financial Services Agency has issued a notice designating eligible donation recipients under Article 23-3 of the Cabinet Office Ordinance on Prepaid Payment Instruments, effective 13 March 2026. The notice follows a public consultation that received two comments, with the FSA publishing a summary of the feedback and its responses.
Policy & regulation Rules & requirements Payments and payment systems
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2026-03-12•Japan•Bank of Japan
The Bank of Japan reported total assets of JPY 681.85 trillion, with Japanese government securities as the largest asset at JPY 545.58 trillion. Liabilities included current deposits of JPY 448.42 trillion and banknotes of JPY 116.71 trillion. The Loan Support Program's outstanding amounts were JPY 54.13 trillion, primarily through the Fund-Provisioning Measure to Stimulate Bank Lending.
Data & statistics Monetary data
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2026-03-12•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission (ASIC) disqualified Simon John Raftery from managing corporations for 2 years and 6 months due to his involvement in five failed companies owing about AUD 43 million to unsecured creditors. ASIC found Aussie Frozen Fruit Pty Ltd was insolvent during its final six months, with Mr. Raftery aware while incurring further debts. His application for stay and confidentiality orders was denied by the Administrative Review Tribunal, with the substantive review still pending.
Enforcement Sanctions & designations Corporate governance
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2026-03-12•Indonesia•OJK
The Indonesia Financial Services Authority (OJK) has issued a new rulebook for representative offices of foreign-based financing institutions, venture capital firms, and other financial services entities. This framework facilitates cross-border financing cooperation while ensuring prudent supervision and prohibiting direct financing activities in Indonesia. It outlines permitted activities, including information dissemination, oversight support, and promotion, to enhance transparency and accountability.
Policy & regulation Rules & requirements Cross-border payments
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2026-03-12•El Salvador•Central Reserve Bank of El Salvador
The Central Reserve Bank of El Salvador is expanding its Pay service, a free, 24/7 instant payments platform, to enhance electronic payment access for unbanked individuals. Initially launched in a "cashless Government Center," it now extends across San Salvador's Historic Center and commercial areas, supporting QR-code payments and person-to-person transfers without fees. Registration is limited to Salvadorans with a Documento Único de Identidad, and the app has nearly 10,000 active users, primarily small merchants and entrepreneurs.
Policy & regulation Implementation, projects & pilots Payments and payment systems Financial inclusion
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2026-03-12•Brazil•Brazilian Pension Funds Authority (PREVIC)
The Brazilian Pension Funds Authority (PREVIC) and Brazil’s Ministry of Social Security met to align supervisory priorities and discuss PREVIC's projects, including AI tools for monitoring investment operations and pension plan solvency. PREVIC emphasized rule compliance and risk management, noting no impact on closed pension funds from Banco Master’s liquidation. The Ministry established an AI Innovation Laboratory, with ongoing discussions on AI and PREVIC’s tools set for delivery in August 2026.
Supervision Supervision approach, priorities & toolkit Supervision process and methodologies Artificial intelligence
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2026-03-12•Brazil•Brazilian Superintendence of Private Insurance (SUSEP)
The Brazilian Superintendence of Private Insurance (SUSEP) has ordered the immediate suspension of new surety bond insurance policies by Seguradora S/A Infinite due to potential regulatory breaches. The suspension follows SUSEP's investigation into irregularities related to geographic authorizations, retention limits, and reinsurance contract compliance. Infinite can continue operations in other insurance lines within authorized regions.
Supervision Interventions Compliance
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2026-03-12•Argentina•Argentina Superintendency of Insurance
The Argentina Superintendency of Insurance has initiated the liquidation process for Galeno Aseguradora de Riesgos del Trabajo S.A., with creditors required to submit claims via the Remote Procedures Platform. The proceedings are managed by the National Court of First Instance in Commercial Matters No. 10, under case file No. 1974/2026.
Enforcement Investigations & enforcement actions Recovery and resolution
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2026-03-12•Global•Financial Stability Board
The Financial Stability Board (FSB) launched a new implementation phase of the G20 Roadmap for Enhancing Cross-border Payments at the FSB Cross-border Payments Summit in London. This phase emphasizes domestic and regional execution by public authorities and increased private-sector collaboration. Key initiatives include the Institute of International Finance's reassessment of the external environment and Swift's new retail payments framework and blockchain-based ledger for real-time cross-border payments.
Policy & regulation Implementation, projects & pilots Cross-border payments
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2026-03-12•United States•Federal Reserve Board
The Federal Reserve Board approved Home BancShares' acquisition and merger with Mountain Commerce Bancorp, leading to the indirect acquisition of Mountain Commerce Bank. The approval includes Centennial Bank's merger with Mountain Commerce Bank and the establishment of a branch at the latter's location.
Supervision Authorisations & approvals Licence approval
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2026-03-12•United States•Federal Reserve Bank of St. Louis
The Federal Reserve Bank of St. Louis appointed David Brown, senior vice president and chief procurement officer at Post Holdings, to its Agribusiness Industry Council. The council, part of the St. Louis Fed’s District Industry Councils, provides feedback on economic conditions to inform monetary policy.
Institutional development Leadership change & appointments Economic data and developments
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted ABC Asset Management (Private) Limited in connection with five collective investment schemes. Stanbic Trustee Services is listed as trustee for each scheme, under licence number SECZ3401A.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe published a listing for Arctic Blue Asset Management (Private) Limited as asset manager of the Pfuma Fund Real Estate Investment Trust, with CABS Trustee Services as trustee under licence SECZ101154S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe published a notice listing CBZ Asset Management (Private) Limited, its collective investment schemes, Stanbic Trustee Services as trustee and SECZIM licence numbers 39/01/2000, SECZ2101124S and SECZ2101129S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted an entry for Bard Santner Investors (Private) Limited and the Bard Santner Gold Coin Unit Trust Fund. The listing names CBZ Trustee Services as trustee and gives SECZIM licence number SECZ101139S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted Cass Saddle Asset Management Private Limited's collective investment schemes, naming five funds and trusts together with their trustees and SECZIM licence numbers.
Policy & regulation Implementation, projects & pilots Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe published a notice covering Eagle Asset Management, formerly Fidelity Life Asset Management, and several collective investment schemes. The notice also includes trustee information for Stanbic Trustee Services and CBZ Trustee Services and lists SECZIM licence references 44, SECZI01143S and SECZI01164S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted listing details for First Mutual Wealth Management (Private) Limited and four collective investment schemes. Stanbic Trustee Services is named as trustee, with licence number SECZ10113S for the Money Market Fund, General Equity Fund and Growth Fund, and SECZ101157S for the First Mutual Wealth Gold Exchange Traded Fund.
Supervision Authorisations & approvals Licence approval
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities and Exchange Commission of Zimbabwe posted licence details for six collective investment schemes managed by Invesci Asset Management (Private) Limited. The schemes all use CABS Trustee Services as trustee and carry SECZIM licence numbers SECZ10114S through SECZ10119S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted a register-style notice for Old Mutual Investment Group Zimbabwe covering 17 collective investment schemes. Stanbic Trustee Services is named as trustee for the listed schemes, and the notice also includes SECZIM licence numbers.
Supervision Authorisations & approvals Licence approval
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted a listing for Zimnat Asset Management Company (Private) Limited covering its collective investment schemes, trustees and related SECZIM licence numbers. The schemes listed include Blue Chip Fund, several TFS funds and the Morgan Made in Zimbabwe Exchange Traded Fund, with trustees shown as Stanbic Trustee Services, CABS Trustee Services and CBZ Trustee Services.
Policy & regulation Implementation, projects & pilots Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted a notice for Platinum Investment Managers (Private) Limited that lists its funds, trustees and licence number SECZ101144S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities and Exchange Commission of Zimbabwe posted details for collective investment schemes managed by Smartvest Wealth Managers Private Limited. The notice names six funds, their trustees and SECZIM licence numbers SECZ101140S and SECZ101142S.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Zimbabwe•Securities & Exchange Commission of Zimbabwe
The Securities & Exchange Commission of Zimbabwe posted licence details for two Stratus Capital Partners collective investment schemes. The post identified the schemes as the African Gold Exchange Traded Fund and Stratus Commodity Fund, with trustees CBZ Trustee Services and CABS Trustee Services and licence numbers SECZ101145S and SECZ101146S respectively.
Supervision Authorisations & approvals Securities offerings and listings
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2026-03-12•Jordan•Jordan Securities Commission
The Jordan Securities Commission participated in the Amman Stock Exchange's "Ringing the Bell for Gender Equality" event, emphasizing the role of financial markets in promoting gender equality. Chairman Emad Abu Haltam highlighted women's leadership in Jordan's capital market institutions and announced plans to launch ESG guidelines addressing diversity in board membership.
Other Diversity and inclusion
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2026-03-12•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has referred a report to the Attorney General concerning an alleged offense of conducting investment adviser activity without the required licence, under Item 2 of Article 63 of Law No. 7 of 2010 and its amendments. The alleged violation is punishable under Item 1 of Article 126 of the same law.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity
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2026-03-12•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has referred a case to the Attorney General alleging violations of paragraph (a) of item 2 of Article 122 of Law No. 7 of 2010. The case concerns small purchases of Equipment shares between 9 December 2025 and 22 December 2025 that allegedly created price momentum before short positions were executed at the higher price, generating material gains from illegal trades.
Enforcement Investigations & enforcement actions Whistleblowing
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2026-03-12•United States•U.S. Financial Services Committee
U.S. House Committee on Financial Services Chairman French Hill commented on the Senate's passage of the 21st Century ROAD to Housing Act, noting it as a legislative step while addressing House concerns. Hill emphasized the importance of bipartisan efforts to empower homeowners and renters, strengthen communities, and expand affordable housing. He committed to working with Senator Scott and others to achieve a bicameral agreement aimed at reducing housing costs.
Policy & regulation Reform agendas & priorities Other
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2026-03-12•West Africa•Central Bank of West African States
The Central Bank of West African States has released a list of 31 authorised payment institutions under Instruction No. 001-01-2024 for the West African Monetary Union. The distribution includes two in Benin, two in Burkina Faso, nine in Côte d’Ivoire, one in Guinea-Bissau, two in Mali, one in Niger, eleven in Senegal, and three in Togo.
Supervision Authorisations & approvals Licence approval
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2026-03-12•Argentina•Argentina Securities Commission (CNV)
The Argentina Securities Commission (CNV) has mandated an immediate halt to public offerings of the virtual asset "ARGt," classifying it as an irregularly offered negotiable security. The CNV's decision follows its analysis that ARGt aligns with an investment contract under the Howey Test, requiring compliance with the Capital Markets Law. Consequently, the CNV has prohibited any listing, offering, or promotion of ARGt without proper authorization.
Supervision Interventions Unlicensed or unauthorized activity