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2026-03-02•Singapore•Monetary Authority of Singapore
The Monetary Authority of Singapore (MAS) is closely monitoring the Middle East situation and its potential impact on Singapore's economy and financial system. MAS confirmed normal functioning of foreign exchange and money markets, with the Singapore dollar nominal effective exchange rate within its appreciating policy band. MAS reiterated its readiness to address risks to medium-term price stability as needed.
Monetary policy Monetary policy assessments & outlooks Geopolitical risk
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2026-03-02•Papua New Guinea•Bank of Papua New Guinea
Bank of Papua New Guinea’s Monetary Policy Committee on 3 March kept the Kina Facility Rate at 5.0 percent—unchanged since a 100 bp hike in Sept 2025—alongside an unchanged 9 percent cash-reserve ratio, 200 bp repo corridor and existing FX auction regime. Citing moderate growth, subdued non-mineral activity and contained inflation (headline ~4 percent, core 2.5–3.0 percent), the MPC highlighted persistent FX backlogs and the need for further gradual Kina depreciation while pledging vigilance amid Middle-East-related external risks.
Monetary policy Policy rate decisions Monetary policy decisions and developments
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2026-03-02•Malaysia•Malaysia Securities Commission
The Malaysia Securities Commission appointed Kamal Azira Hassan and Adnan Zaylani Mohamad Zahid as Board Members for a two-year term starting 15 February 2026. Kamal Azira has extensive legal and regulatory advisory experience, while Adnan Zaylani, Deputy Governor of Bank Negara Malaysia, has expertise in financial markets and development. The Minister of Finance made the appointments to enhance the Commission's governance and oversight.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-02•Argentina•Central Bank of Argentina
The Central Bank of Argentina has introduced "collection by transfer" (CCT), a new instrument for secure loan instalment collection via instant transfer, potentially expanding to other recurring payments. CCT includes a 30% instalment-to-income cap, limited collection attempts, and requires express customer consent, with lenders liable for fraud. Only Central Bank-authorised entities can use CCT, and a new role, the CCT acquirer, is established to promote competition and interoperability.
Policy & regulation Rules & requirements Payments and payment systems
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2026-03-02•Canada•British Columbia Financial Services Authority
The British Columbia Financial Services Authority (BCFSA) launched the "Before You Sign, Search" campaign for Fraud Prevention Month, urging consumers to verify the authorization of financial professionals and institutions. The campaign highlights risks from unauthorized service providers and fraudsters posing as legitimate professionals. BCFSA advises checking contact details, licence status, and recent discipline history before making major financial decisions.
Supervision Alerts Consumer and investor protection
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2026-03-02•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs released updated bill text for the 21st Century ROAD to Housing Act, aimed at addressing housing affordability by expanding supply and cutting regulatory red tape. The bipartisan package, which passed the Senate Banking Committee unanimously, incorporates nearly all House provisions and includes measures to curb corporate landlords. The release precedes an anticipated Senate vote.
Policy & regulation Rules & requirements Other
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2026-03-02•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Republican members of the U.S. Senate Committee on Banking, Housing and Urban Affairs released materials supporting the 21st Century ROAD to Housing Act, a deregulatory bill aimed at increasing housing supply and reducing costs without new federal spending. The legislation focuses on cutting red tape, unlocking housing supply, and enhancing oversight. Key measures include streamlining environmental reviews, modernizing housing rules, and limiting large institutional investors in single-family homes.
Policy & regulation Reform agendas & priorities Other
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2026-03-02•Australia•Australian Prudential Regulation Authority
The Australian Prudential Regulation Authority has revoked the Bank of Nova Scotia’s authorised deposit-taking institution licence following the bank's exit from the Australian market. The updated list of APRA-authorised institutions is available on its website.
Supervision Authorisations & approvals Licence withdrawal
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2026-03-02•Jordan•Jordan Securities Commission
A Royal Decree has approved the appointment of His Excellency Eng. Elias Ayoub Sharari Zureikat as Vice Chairman of the Jordan Securities Commission’s Board of Commissioners, effective 22 February 2026.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-01•Qatar•Qatar Central Bank
Qatar Central Bank has mandated that all financial institutions in Qatar implement a remote work policy on 2 March 2026 due to regional developments. Each institution will determine which employees need to be physically present at the workplace.
Policy & regulation Rules & requirements Operational risk and resilience
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2026-03-01•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has decided to resume trading on Boursa Kuwait from 2 March 2026, following a one-day suspension due to regional instability. The decision, under CMA Resolution No. 24 of 2026, was made after assessing that the capital market system remains sound. The Authority will continue to monitor developments and advise market participants through official channels.
Supervision Interventions Market development
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2026-03-01•United Arab Emirates•Dubai Financial Services Authority
The Dubai Financial Services Authority (DFSA) confirmed it will maintain full services with remote work arrangements from 2 March to 4 March 2026. Normal Ramadan working hours apply, and DFSA Authorised Firms must notify the DFSA of any operational changes via the DFSA ePortal. The DFSA is monitoring regional developments and will update arrangements as necessary.
Institutional development Other Operational risk and resilience
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2026-03-01•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority suspended trading on Boursa Kuwait on 1 March 2026 due to domestic circumstances and the need for precautionary measures. This action was taken under Resolution No. 23 of 2026, based on Article 44(1) of Law No. 7 of 2010, which permits market-protective measures during crises. The CMA will continue to monitor the situation and implement additional measures if necessary.
Supervision Interventions Trading
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2026-03-01•Global•International Monetary Fund
The International Monetary Fund's article in Finance & Development explores how higher public debt, persistent inflation, and geopolitical fragmentation weaken traditional monetary and fiscal policy. It suggests safeguarding fiscal sustainability may require closer policy coordination and temporary above-target inflation. The article warns of potential inflationary spirals from monetary tightening without credible fiscal adjustments and highlights risks of fiscal strains leading to trade taxes and financial repression, particularly affecting emerging markets.
Research
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2026-03-01•Peru•Central Bank of Peru
The Central Bank of Peru reported that total credit to the private sector rose 7.2% year on year in January 2026, marking the ninth consecutive month of acceleration. Outstanding balances increased 0.2% month on month to PEN 437,785 million. Credit to individuals grew 6.8% year on year, while credit to companies rose 7.4%, with foreign currency credit up 13.6%.
Data & statistics Lending
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2026-03-01•Peru•Central Bank of Peru
The Central Bank of Peru reported that total credit to the private sector reached PEN 439,557 million in February 2026, up 7.1% year on year and 0.3% month on month, with annual growth slightly below January’s 7.2% but above 2025’s 6.5%. Household credit rose 6.8% year on year and credit to firms 7.3% to PEN 255,493 million, while credit in soles increased 5.5% and foreign currency credit grew 13.0% year on year.
Data & statistics Financial and market indicators Monetary data
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2026-03-01•Peru•Central Bank of Peru
The Central Reserve Bank of Peru reported that private sector liquidity, defined as currency in circulation plus deposits, grew 13.6% year on year and 1.6% month on month in February 2026 to PEN 560,128 million, driven by increases in both sol- and US dollar-denominated liquidity. Currency in circulation rose 18.8% year on year to PEN 97,860 million, while private sector deposits increased 12.9% year on year, led by savings and demand deposits, with more moderate growth in time and CTS deposits.
Data & statistics Monetary data
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2026-03-01•Peru•Central Bank of Peru
The Central Reserve Bank of Peru reported that the agricultural and livestock sector grew 4.0% year on year in January 2026, supported by favourable weather and higher crop and livestock output. Crop production for the domestic market rose 7.7%, agroindustrial output increased 18.0%, and export-oriented production grew 1.6%, while poultry meat production expanded 1.8%.
Data & statistics Economic data and developments
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2026-03-01•Vietnam•State Bank of Vietnam
The State Bank of Vietnam summarized Prime Minister Pham Minh Chinh's session with Da Nang's leadership on advancing the Da Nang International Financial Centre. The Prime Minister urged faster infrastructure and operational setup, with the Ministry of Finance and the State Bank developing licensing and management procedures. The centre, inaugurated in January 2026, is progressing with staffing and investor outreach, aiming to attract high-quality talent and prioritize impactful projects.
Policy & regulation Implementation, projects & pilots Other
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2026-03-01•Slovenia•Central Bank of Slovenia
Primož Dolenc has assumed the role of Governor of the Central Bank of Slovenia, beginning his six-year term on 1 March 2026. Appointed by Slovenia’s National Assembly after a proposal by the President, Dolenc was confirmed with 55 votes in favor. He is the sixth Governor of the Central Bank, with the possibility of term renewal.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-01•United Arab Emirates•Dubai International Financial Centre
The Dubai International Financial Centre (DIFC) issued an operational update urging adherence to Dubai and UAE Government guidance amid regional uncertainties, emphasizing remote work and business continuity. DIFC Authority services will continue with staff working remotely from 2 to 4 March 2026, while normal Ramadan hours remain in effect. Affected regulated clients are requested to update the regulator via the Dubai Financial Services Authority portal.
Institutional development Workforce & recruitment Geopolitical risk
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2026-03-01•Iraq•Central Bank of Iraq
The Central Bank of Iraq reported that the Arab Federation for Digital Empowerment conducted a workshop for bank employees on secure system design to enhance cybersecurity. It included threat modelling, cyber risk analysis, and Zero Trust architecture principles, aligning with international standards to bolster digital system protection. This initiative supports the bank's broader focus on skills development and data protection amid digital transformation.
Institutional development Cooperation & capacity building Cyber resilience
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2026-03-01•Canada•Canadian Public Accountability Board
The Canadian Public Accountability Board released a paper highlighting increased estimation uncertainty and risk of material misstatement due to volatile interest rates, inflation, credit constraints, and geopolitical instability. While audit quality has improved since the revised Canadian Auditing Standard 540, deficiencies remain in audit work on critical estimates. The paper emphasizes the importance of firm quality management systems for consistent audit outcomes and addresses recurring challenges in management's estimate approach and evaluation of contradictory evidence.
Policy & regulation Guidance & interpretation Auditing
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2026-03-01•Ukraine•National Bank of Ukraine
The National Bank of Ukraine allocated about UAH 20.3 billion in February 2026 for defense, leaving over UAH 9.9 billion as of 1 March 2026. Since 24 February 2022, the account received over UAH 155 billion, with significant foreign contributions. Total allocations exceeded UAH 146 billion, mainly to the Defence Procurement Agency and the Ministry of Defense of Ukraine.
Policy & regulation Implementation, projects & pilots Other
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2026-03-01•Jordan•Jordan Securities Commission
The Jordan Securities Commission appointed Razan Al-Shafei to its Board of Commissioners, following Royal approval of a Cabinet decision. Al-Shafei took the legal oath before Prime Minister Dr. Jafar Hassan.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-01•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority has suspended trading on Boursa Kuwait effective 1 March 2026, until further notice. This decision, based on Articles 44 and 57 of Law No. 7 of 2010, follows a Board of Commissioners resolution dated 28 February 2026.
Supervision Interventions Trading
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2026-03-01•Peru•Central Bank of Peru
The Central Bank of Peru’s Inflation Report analyses how commodity price booms have supported growth while amplifying procyclical dynamics that can threaten medium-term macrofinancial stability without prudent countercyclical policies. It links booms to higher net capital inflows, easier financial conditions, and credit and liquidity expansion that can lead to excessive credit growth and greater vulnerability to external shocks. The study identifies four commodity boom periods between 1994 and 2025: 2002 Q4–2008 Q2, 2009 Q4–2011 Q3, 2020 Q3–2022 Q1, and 2024 Q3–2025 Q4.
Research
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2026-03-01•Canada•Canadian Public Accountability Board
The Canadian Public Accountability Board outlined its risk-based inspections approach for reporting issuers with “significant operations” in foreign jurisdictions and its processes for obtaining access to foreign component auditor working papers to assess audit quality. It detailed the use of voluntary access, memoranda of understanding with audit regulators in 32 countries, and National Instrument 52-108 where needed, noting existing and negotiated MOUs as well as past access denials in certain jurisdictions.
Supervision Supervision approach, priorities & toolkit Auditing
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2026-03-01•Africa•Inter Governmental Action Group against Money Laundering in West Africa (GIABA)
The Inter-Governmental Action Group against Money Laundering in West Africa issued an operational manual for member states' AML CFT CPF coordination committees. It sets out how the committees should be established and run, and assigns them a central role in risk assessments, interagency coordination, mutual evaluation follow-up and engagement on emerging risks such as virtual assets and cross-border crime.
Policy & regulation Guidance & interpretation AML and CFT Domestic cooperation
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2026-03-01•United Kingdom•HM Treasury
HM Treasury announced reforms to expand credit union membership in Great Britain, raising the locality common bond cap from 3 million to 10 million, allowing students and certain retirees to join, and modernizing family referral rules. The government will implement these changes when parliamentary time permits, collaborating with the Financial Conduct Authority and Prudential Regulation Authority on enhanced regulation.
Policy & regulation Rules & requirements Other
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2026-03-01•Jordan•Jordan Securities Commission
The Jordan Securities Commission appointed Razan Al-Shafei to its Board of Commissioners, following a Royal Decree. Al-Shafei took the legal oath before Prime Minister Dr. Jaafar Hassan, with Minister of State Abdul Latif Al-Najdawi and Board Chair Imad Abu Haltam present.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-03-01•Türkiye•Capital Markets Board of Türkiye
The Capital Markets Board of Türkiye has implemented temporary measures to mitigate the impact of geopolitical tensions on capital markets, including a short selling ban in Borsa Istanbul's equity markets from 2 March to 6 March 2026. Additionally, the equity ratio requirement for margin transactions will be relaxed during this period.
Policy & regulation Rules & requirements Geopolitical risk
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2026-03-01•Global•Bank for International Settlements
The Bank for International Settlements published a paper proposing a framework to assess AML/CFT regimes across payment instruments like cash, stablecoins, and potential retail CBDCs. It highlights regulatory arbitrage risks and advocates for cross-instrument principles. The paper examines the EU's AML/CFT expansion, including cash payment limits, cryptoasset regulations, and the European Commission's digital euro framework proposal.
Research AML and CFT Payments and payment systems
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2026-03-01•Syria•Central Bank of Syria
The Central Bank of Syria released the IMF mission report highlighting Syria's economic recovery, driven by improved confidence, lifted sanctions, and reintegration into the global economy. The report credits the Central Bank's tight monetary policy with reducing inflation and stabilizing the currency. Future priorities include strengthening the central bank's independence, modernizing monetary policy, and reforming the banking system to enhance financial stability and intermediation.
Policy & regulation Cooperation Economic data and developments Financial stability and systemic risk
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2026-03-01•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority's Committee for Establishment and Licensing of Companies has approved licences for three firms to conduct futures brokerage: Commercial International Securities Brokerage, Mubasher for Securities and Bonds Trading, and Hermes Securities Brokerage. These approvals align with Financial Regulatory Authority Board Decision No. 7 of 2026, outlining conditions for futures brokerage activity.
Supervision Authorisations & approvals Licence approval
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2026-03-01•Egypt•Egypt Financial Regulatory Authority
The Egypt Financial Regulatory Authority honored Mohamed Farid Saleh for his tenure as chair, crediting him with significant reforms in the non-banking financial sector. Achievements include regulating financial technology, introducing new financial instruments, developing the investment fund industry, and advancing digital transformation and sustainability standards. Farid emphasized the collective effort behind these initiatives and the need for ongoing institutional development.
Other Leadership change and appointments
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2026-03-01•Australia•Reserve Bank of Australia
The Reserve Bank of Australia published a Research Discussion Paper proposing a new method to identify structural vector autoregressions using “shock-percentile” restrictions, which assume a selected historical episode contains a tail-event structural shock. The approach offers an alternative to numeric bounds on shock magnitudes, with simulations and empirical applications indicating it can help disentangle the relationship between uncertainty and real activity and refine identification of U.S. monetary policy’s macroeconomic effects.
Research
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2026-02-28•Israel•Bank of Israel
The Bank of Israel stated that Sunday, 1 March 2026, will be a normal business day with banks' main branches open. It emphasized that core branches, which have protected spaces, must constitute at least 25% of each bank's branches. Commercial banks will publish the list of open branches for customer service.
Policy & regulation Rules & requirements Other
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2026-02-28•Bolivia•Central Bank of Bolivia
The Central Bank of Bolivia has invalidated the BOB 10, BOB 20, and BOB 50 banknotes from Series B of the New Family of Boliviano Banknotes, removing their legal tender status. Holders can exchange these notes for equal value through the financial system, with details to be announced. The bank warned that Series B notes from the El Alto crash are identified and any attempt to circulate them will face legal sanctions.
Policy & regulation Rules & requirements Other
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2026-02-28•Indonesia•OJK
The Indonesia Financial Services Authority (OJK) sanctioned PT Indo Pureco Pratama Tbk (IPPE) and PT Tianrong Chemical Industry Tbk (TDPM) for capital market rule breaches. Fines total IDR 6.21 billion for TDPM-related parties and IDR 4.625 billion for IPPE, with additional penalties on directors, auditors, and the IPO underwriter PT KGI Sekuritas Indonesia, which faces a one-year suspension. Violations involved financial misstatements, inadequate disclosures, and failures in auditing and due diligence.
Enforcement Sanctions & designations Accounting and financial reporting Corporate governance
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2026-02-28•China•Central Bank of the Republic of China
The People’s Bank of China reported that Vice Governor Xuan Changneng, at the G20 Finance and Central Bank Deputies meeting, advocated for multilateralism and open cooperation to enhance global economic growth. He emphasized stronger macroeconomic policy coordination and experience sharing through the G20 finance track. Xuan detailed China's policy agenda, focusing on a robust monetary policy framework, improved policy transmission, and steering financial resources toward high-quality growth.
Monetary policy Monetary policy framework & strategy Economic data and developments
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2026-02-28•China•China Securities Regulatory Commission
The China Securities Regulatory Commission (CSRC) reported on handling 286 proposals from the 2025 National People's Congress and Chinese People's Political Consultative Conference, emphasizing its role in capital-market supervision and reform. Key initiatives included a "zero tolerance" approach to financial fraud, enhanced investor protection measures, and significant public fund reforms. The CSRC plans to continue its engagement and processing efforts for the 2026 "Two Sessions."
Policy & regulation Implementation, projects & pilots Other
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2026-02-28•China•China Banking and Insurance Regulatory Commission
China's National Financial Regulatory Administration, alongside other ministries, has issued a notice establishing a post-transition "assistance microcredit" framework for rural residents, increasing the maximum loan amount to CNY 100,000. The framework expands eligibility and requires banks to enhance credit management and risk controls. It also optimizes policy coordination across supervisory, monetary, fiscal, and information-sharing areas.
Policy & regulation Rules & requirements SME financing
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2026-02-28•China•China Securities Regulatory Commission
The China Securities Regulatory Commission (CSRC) has launched a study and education programme to establish a correct view of political achievements, aligning with central Party guidance. The "learn, examine, rectify" approach will address deviations and strengthen measures to protect investors' rights. Oversight will be by the discipline inspection and supervision group, coordinating with the CSRC's core capital market work for the year.
Institutional development Governance Other
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2026-02-28•Tanzania•Tanzania Insurance Regulatory Authority
The Tanzania Insurance Regulatory Authority (TIRA) Western Zone participated in launching the first phase of the Universal Health Insurance scheme in Nzega District, distributing health insurance cards to special groups. TIRA will supervise the insurance system, conduct public education to boost awareness, and collaborate with stakeholders to encourage enrolment.
Policy & regulation Implementation, projects & pilots Financial inclusion
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2026-02-28•Luxembourg•Ministry of Finance (Luxembourg)
Luxembourg's Finance Minister Gilles Roth completed a mission to India to strengthen ties between the Luxembourg and Indian financial sectors. Meetings with Indian officials, including Finance Minister Nirmala Sitharaman, focused on bilateral cooperation, capital market development, and potential synergies in digitalisation and sustainable finance. The mission also positioned Luxembourg as a gateway to European financial markets.
Policy & regulation Cooperation Cross-border cooperation
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2026-02-28•Bulgaria•National Bank of Bulgaria
At a meeting under Cyprus's EU presidency, National Bank of Bulgaria Governor Dimitar Radev highlighted the successful euro changeover on 1 January 2026, crediting systematic preparation and coordination. He emphasized Bulgaria's euro area membership's importance for strategic positioning and macrofinancial stability, noting the need for structural reforms and fiscal discipline amid political changes. Radev reported positive growth, easing inflation, and a resilient banking sector but cautioned about external risks and the necessity for prudent policy decisions.
Policy & regulation Reform agendas & priorities Monetary policy decisions and developments
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2026-02-28•Malta•Central Bank of Malta
The Central Bank of Malta launched Gen-Economy, a digital simulation game for students aged 13+, focusing on monetary policy and financial stability. Developed with Curmi & Partners Ltd and funded by the Ministry for Education, Sport, Youth, Research and Innovation, the game lets players act as central bankers making decisions on inflation, unemployment, and economic growth. The launch event at St Monica School featured live demonstrations and student feedback.
Financial literacy & education Financial literacy and education
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2026-02-28•Egypt•Central Bank of Egypt
The Central Bank of Egypt's Governor, Hassan Abdalla, met with Deputy Prime Minister for Economic Affairs Hussein Eissa to discuss joint cooperation and review positive economic developments. Key topics included inflation control, price stability, investment climate improvement, and enhancing private sector contributions. The meeting also focused on supporting productive sectors, empowering SMEs, and deepening financial inclusion.
Policy & regulation Cooperation Domestic cooperation
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2026-02-28•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission ordered Digido Finance Corp. to halt financing permanently and imposed PHP 600,000 in fines for operating after its registration and license were revoked. The company continued lending and used Fingertip Finance Corp. to service and collect loan payments.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity Lending Compliance
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2026-02-27•Nicaragua•Central Bank of Nicaragua
The Central Bank of Nicaragua reported a 14.5% year-on-year increase in Q4 2025 exports to USD 2,096.7 million, while imports rose 5.0% to USD 2,838.8 million, resulting in a trade deficit of USD 742.2 million, 15.0% lower than the previous year. For 2025, exports grew 15.4% to USD 8,908.9 million, driven by agriculture, mining, and fishing. Imports rose 7.5% to USD 11,399.5 million, with growth in capital and intermediate goods, reducing the trade deficit to USD 2,490.6 million, down 13.8% from 2024.
Data & statistics Balance of payments and other external statistics
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2026-02-27•Europe•European Securities and Markets Authority
The European Securities and Markets Authority (ESMA) has released its annual transparency calculations for equity and equity-like instruments, effective 6 April 2026. This includes liquidity assessments under Commission Delegated Regulations 2017/567 and 2017/587, setting thresholds for pre-trade and post-trade large in scale, average transaction value, and tick-size regime. Market participants should monitor ESMA's Financial Instruments Transparency System for updates on newly traded instruments and related calculations.
Policy & regulation Implementation, projects & pilots Supervisory data
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2026-02-27•Greece•Ministry of National Economy and Finance (Greece)
Greece's Ministry of National Economy and Finance shared Deputy Minister George Kotsiras's remarks at the Insurance Forum Athens Edition, stressing collaboration between the state and insurance market to enhance protection. Kotsiras advocated for a modern insurance framework focused on prevention and stability, highlighting tax measures affecting housing, medical coverage, and road safety, including an ENFIA discount for homes insured against natural disasters. He also noted efforts to improve compliance and road safety through data harmonization and cross-checks for uninsured vehicles and unpaid road taxes.
Policy & regulation Implementation, projects & pilots Other
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2026-02-27•Montenegro•Central Bank of Montenegro
The Central Bank of Montenegro’s Council adopted by-laws and amendments to align Montenegro’s supervisory and resolution framework with EU standards, including new legislation for the Development Bank of Montenegro. Key measures include supervisory rules for financial conglomerates and amendments to strengthen credit institutions' resolution frameworks. The Council also reviewed progress on the TIPS Clone project for real-time payments.
Policy & regulation Rules & requirements Payments and payment systems
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency submitted a bill to the 221st session of the Diet to amend the Act on Special Measures to Strengthen Financial Functions. Supporting materials, including the bill outline and explanatory documents, were published for reference in Diet deliberations.
Policy & regulation Rules & requirements Other
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2026-02-27•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission adopted amendments to implement the Holding Foreign Insiders Accountable Act, enhancing transparency for directors and officers of foreign private issuers (FPIs). These amendments require electronic and English filings of Section 16 reports, remove certain exemptions, and update reporting forms. The changes take effect on March 18, 2026, for FPIs with equity securities registered under Section 12 of the Securities Exchange Act of 1934.
Policy & regulation Rules & requirements Corporate governance
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2026-02-27•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic's Chairman, Melis Turgunbaev, met with Bank of England Governor Andrew Bailey to discuss monetary policy, financial stability, and digital transformation in financial sectors. The meeting underscored the Bank of England's regulatory role and explored opportunities to enhance bilateral cooperation.
Policy & regulation Cooperation Cross-border cooperation Financial stability and systemic risk
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2026-02-27•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic's Chairman, Melis Turgunbaev, visited London for the 4th Kyrgyz-British Business Council meeting and bilateral talks with major financial institutions. Discussions focused on enhancing Kyrgyz-British financial cooperation, with agreements reached on expanding ties with Bank of China (UK) Limited, Morgan Stanley, and JP Morgan.
Policy & regulation Cooperation Cross-border cooperation
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2026-02-27•Japan•Japan Securities and Exchange Surveillance Commission
The Japan Securities and Exchange Surveillance Commission filed a criminal complaint with the Tokyo District Public Prosecutors Office for suspected insider trading involving Makino Milling Co., Ltd. shares. Suspect A, a director at Mita Securities Co., Ltd., allegedly colluded with others to purchase 329,100 shares using non-public information related to a tender offer with Nidec Co., Ltd., totaling approximately JPY 2,349.8 million. The statutory maximum penalty includes up to five years’ imprisonment or a fine of up to JPY 5 million, or both.
Enforcement Investigations & enforcement actions Market abuse
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency (FSA) and the U.S. Securities and Exchange Commission (SEC) held the Spring Financial Regulatory Dialogue in Tokyo to enhance cooperation on cross-border issues and market trends. Led by FSA International Councilor Miyoshi and SEC Commissioner Mark Ueda, discussions included market developments, strategic priorities, and regulatory topics such as crypto and digital assets.
Policy & regulation Cooperation Cross-border cooperation
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency amended a Cabinet Office Ordinance under the National Strategic Special Zones Act, aligning with recent legislative changes. These amendments correspond to the Act on Promoting a Smooth Transition to a Decarbonized Growth-oriented Economic Structure and the Act on Partial Amendment to the Act on Promotion of Effective Use of Resources. Exempt from public comment under the Administrative Procedure Act, the ordinance takes effect on 1 April 2026.
Policy & regulation Rules & requirements Other
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency has launched a public consultation on a draft amendment to a Cabinet Office Ordinance under the National Strategic Special Zones framework. The amendment proposes removing fund audit requirements for certain professional venture funds operating as special businesses for qualified institutional investors. The changes aim to streamline operations for entities specified in regional plans with offices in these zones.
Policy & regulation Rules & requirements Other
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency issued a Cabinet Office Ordinance amending enforcement regulations under the Act on Emergency Measures for the Revitalization of Financial Functions, affecting labour banks. The changes streamline regulatory reporting by allowing an asset assessment report to substitute for overlapping statements required under the Banking Act. No special opinions were received during the public consultation.
Policy & regulation Rules & requirements Regulatory reporting
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency finalized revisions to its Comprehensive Supervisory Guidelines to enhance firms' cyber risk responses, effective 27 February 2026. The revisions, following a public consultation, cover major banks, small and medium-sized financial institutions, affiliated institutions, and the fishermen’s cooperative system credit business, including guidance on electronic payment instruments. Feedback not directly related to the revisions will inform future financial administration.
Policy & regulation Guidance & interpretation Cyber resilience
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency reported a nationwide balance of receivables under the Financial Revitalization Act at JPY 8.0 trillion for the fiscal year ended September, a decrease of JPY 0.4 trillion from March. "Receivables for management" and "bankruptcy rehabilitation receivables" remained at JPY 2.1 trillion and JPY 1.2 trillion, respectively, while another category decreased by JPY 0.4 trillion to JPY 4.8 trillion.
Data & statistics Activity and performance reporting
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2026-02-27•Europe•European Securities and Markets Authority
The European Securities and Markets Authority updated its Q&A across several EU frameworks, providing guidance for crowdfunding and crypto-asset service providers, central counterparties under EMIR, and issuers under the Transparency Directive. Updates include fiduciary structures in equity crowdfunding, MiCA withdrawal requirements, and EMIR AAR threshold calculations. Changes to the Transparency Directive, effective 1 January 2027, address IFRS 18 interaction and APMs Guidelines.
Policy & regulation Guidance & interpretation Crowdfunding Regulatory reporting
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2026-02-27•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission and Japan's Financial Services Agency held the Spring SEC–FSA Financial Regulatory Dialogue in Tokyo, focusing on cross-border market and supervisory issues. Discussions included regulatory developments in crypto and digital assets and potential for enhanced coordination in multilateral settings.
Policy & regulation Cooperation Cross-border cooperation
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2026-02-27•Japan•Japan Financial Services Agency
The Japan Financial Services Agency (FSA) released a new edition of its FSA Analytical Notes, analyzing regional banks' human resource support and its impact on management talent shortages at corporate clients. The analysis shows that banks excelling in management talent matching report fewer personnel shortages. The FSA stresses the importance of sophisticated data use in financial administration and plans to enhance its analytical capabilities.
Research Other
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2026-02-27•Montenegro•Central Bank of Montenegro
The Central Bank of Montenegro (CBCG) met in Frankfurt with the Anti-Money Laundering Authority, European Systemic Risk Board, and European Central Bank to enhance integration into the European financial framework. Discussions focused on aligning Montenegro’s anti-money laundering framework, strengthening macroprudential policy, and advancing payment-system integration through SEPA and the TIPS Clone project. CBCG and AMLA signaled readiness for cooperation, while regular information exchange with the ESRB was emphasized for EU alignment.
Policy & regulation Cooperation Cross-border cooperation
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2026-02-27•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority has released draft rules on regulatory capital requirements for companies managing open alternative investment funds, aiming to enhance financial stability, risk management, and investor protection. The proposal was adopted at the Authority’s 173rd meeting under the Law on Alternative Investment Funds.
Policy & regulation Rules & requirements Capital adequacy Prudential risks
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2026-02-27•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority has released draft secondary regulations for public consultation to implement the Law on open-ended investment funds with a public offering. The drafts address rules on central and feeder funds, fund liquidation and termination, management company registers, authorisation amendments, regulatory capital requirements, and EU marketing notifications. Feedback will be considered before finalising the regulations.
Policy & regulation Rules & requirements Regulatory reporting
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2026-02-27•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority has released draft by-laws for public consultation to implement the Law on Voluntary Pension Funds. The proposals cover rules for authorising management companies, establishing voluntary pension funds, and conditions for executive roles. Feedback will be considered before finalising the texts.
Policy & regulation Rules & requirements Licensing framework and process
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2026-02-27•Spain•Spanish Securities Commission (CNMV)
The Spanish Securities Commission (CNMV) study, “Market Fragmentation: A Cushion Against Exchange Outages?” finds market liquidity deteriorates sharply during primary exchange outages, despite alternative venues. Effective spreads increase by 110% and turnover falls by 96%, showing fragmentation doesn't mitigate outage-related illiquidity. Authored by Hans Degryse, Björn Hagströmer, and Niklas Landsberg, it won the CNMV prize for best paper on securities markets and regulation at AEFIN’s XXXII Finance Forum.
Research Market development
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2026-02-27•Cyprus•Central Bank of Cyprus
The Central Bank of Cyprus has issued Tender Notice 02/2026 for bids on 24-hour maintenance and system management services, including security information and event management, for a three-year term. The contract, valued at EUR 370,000 excluding VAT, will be awarded through an open procedure based on the most economically advantageous offer.
Institutional development Procurement
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2026-02-27•Europe•European Central Bank
The European Central Bank's working paper examines the euro area's 2021–2022 inflation surge and monetary policy response, revealing a welfare shift from younger, poorer to older, wealthier households. Inflation is attributed to price markup and monetary shocks. Expansionary policy supported labor demand but didn't prevent redistribution. Systematic interest rate responses have nonlinear, shock-specific redistributive effects, with varying conclusions on monetary policy's role.
Research
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2026-02-27•Europe•European Central Bank
The European Central Bank's Working Paper evaluates using satellite observations of nitrogen dioxide (NO2) to enhance near-term oil demand forecasting. The study shows that incorporating NO2 data into models significantly reduces errors, especially during crises, and outperforms other high-frequency indicators in stable periods. This suggests NO2 as a valuable tool for real-time monitoring of oil demand across major economies.
Research Climate risk and sustainable finance
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2026-02-27•Japan•Bank of Japan
The Bank of Japan's January 2026 Payment and Settlement Statistics detail activity across BOJ-NET, private clearing systems, and retail payment instruments. BOJ current accounts averaged 100,992 instructions daily, totaling JPY 243.6 trillion, with contributions from call market-related transfers, Japanese government bond transactions, and foreign exchange yen settlements. The Zengin System processed 8.989 million transactions daily, with large-value payments averaging 14,079 transactions worth JPY 14.4 trillion.
Data & statistics
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2026-02-27•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission partnered with Google to block fraudulent investment apps impersonating licensed firms, aiming to mitigate public harm. The SEC launched an investigation, published app names via its Investor Alert system, and issued public warnings. The regulator emphasized its "3Cs" approach—consultation, communication, and collaboration—and advised investors to verify solicitor licenses and be wary of high returns or pressure to transfer funds.
Supervision Alerts Fraud and scams
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2026-02-27•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority announced a voluntary public takeover bid by Malaga Investment SCSp for What’s Cooking Group NV. The related press release is available only in French or Dutch.
Supervision Other
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2026-02-27•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority announced that trading in What’s Cooking Group financial instruments (ISIN BE0003573814) on Euronext Brussels will resume at 10:00 CET on 27 February 2026, under Article 78 of the Law of 21 November 2017.
Supervision Authorisations & approvals Trading
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2026-02-27•Europe•European Central Bank
The European Central Bank (ECB) updated its list of supervised entities under the Single Supervisory Mechanism, effective 1 January 2026. It includes 112 significant entities directly supervised by the ECB and less significant entities supervised through national authorities, detailing legal name changes, mergers, and group-structure adjustments. Notable changes include Sparkasse Haugsdorf's licence withdrawal, mergers involving Mizuho Trust & Banking and Intesa Sanpaolo, and BNP Paribas Leasing Solutions' new classification as a significant entity.
Supervision Regulatory reporting Supervision process and methodologies
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2026-02-27•Europe•European Central Bank
The European Central Bank reported a 20% decrease in counterfeit euro banknotes in 2025, with 444,000 notes withdrawn from circulation. EUR 20 and EUR 50 notes were the most counterfeited, comprising 80% of all counterfeits. The ECB emphasized the importance of verifying authenticity using the “feel, look and tilt” method and advised reporting suspected counterfeits to authorities.
Data & statistics Currency and cash management
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2026-02-27•Japan•Bank of Japan
The Bank of Japan's Financial Markets Department released a summary of its February 2026 Meeting on Market Operations, which addressed recent financial market developments, JGB market liquidity, and money market topics. The meeting included presentations and discussions with market operation counterparties and senior officials.
Monetary policy Monetary policy instruments & operations Monetary policy decisions and developments
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2026-02-27•Belgium•National Bank of Belgium
The National Bank of Belgium reported a slight increase in counterfeit banknotes withdrawn from circulation in 2025, totaling 15,198 notes, up from 14,341 in 2024. The EUR 50 note was the most counterfeited, comprising 56.32% of cases. Despite the rise, the bank emphasized that counterfeiting remains minimal in Belgium, with fluctuations often linked to individual counterfeiters.
Data & statistics Other
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2026-02-27•Denmark•National Bank of Denmark
The National Bank of Denmark reported that Danish investors' foreign portfolio investments rose by DKK 489bn in 2025, totaling DKK 5,779bn at year-end. This increase was driven by net purchases of DKK 294bn and price gains, particularly in US shares, despite exchange losses. Investors notably bought a record DKK 189bn in shares, with significant acquisitions in European and American markets.
Data & statistics Balance of payments and other external statistics
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2026-02-27•Australia•Australian Securities & Investments Commission
The Australian Securities & Investments Commission (ASIC) has initiated Federal Court proceedings against Auto & General Services Pty Ltd for allegedly misleading advertising of discounts on Budget Direct insurance policies. ASIC claims that between March 2020 and July 2024, around 39,000 customers lost promised discounts due to policy amendments, resulting in a total loss of AUD 3.3 million. Auto & General, aware of the issue since 2016, has paid over AUD 3.8 million in remediation, and ASIC seeks declarations and civil penalties for contraventions of section 12DB of the ASIC Act.
Enforcement Investigations & enforcement actions
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2026-02-27•Australia•Australian Securities & Investments Commission
ASIC has extended conditional short selling relief for market makers to enhance liquidity in exchange-traded options over Global X Physical Gold Structured and specified structured products referencing precious metals. ASIC Corporations (Amendment) Instrument 2026/24 amends regulations to allow short selling under conditions similar to those for exchange-traded fund market makers and updates naming conventions for exchange-traded products. Market makers should review the amended instrument and Regulatory Guide 196 on short selling.
Policy & regulation Rules & requirements Trading
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2026-02-27•Global•International Monetary Fund
The International Monetary Fund released a summary of the IMF Government Finance Statistics Advisory Committee virtual meeting, focusing on updating the Government Finance Statistics Manual and related guidance. The package includes discussions on social security schemes, employee benefits, extrabudgetary units, state-owned enterprise data, and fiscal analysis. It also outlines proposals for the updated manual's structure, scope, and next steps for the GFSM update.
Policy & regulation International standards & recommendations Other
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2026-02-27•Global•International Monetary Fund
The International Monetary Fund released a report on a mission to assist Gabon's Ministry of Economy in developing a macroeconomic model for projections and simulations. The mission evaluated existing tools, data quality, and provided training, recommending a customized model integrated with a Debt Dynamics Tool. The report's findings and recommendations were endorsed by Gabonese authorities and included in the project action plan.
Policy & regulation Implementation, projects & pilots Other
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2026-02-27•Global•International Monetary Fund
The IMF Executive Board concluded the 2025 Article IV consultation with Moldova, noting economic recovery amid high uncertainty and structural constraints. EU accession and the EU Growth Plan were identified as growth opportunities, with calls for prudent macroeconomic policies and reforms. Real GDP growth is projected at 2.7% in 2025 and 2.3% in 2026, with a fiscal deficit widening to 4.8% of GDP in 2026, while inflation is expected to remain within the National Bank of Moldova’s target range.
Policy & regulation Peer reviews and country evaluations Economic data and developments
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2026-02-27•United Kingdom•Bank of England
The Bank of England's Staff Working Paper No. 1,174 analyzes the "singleness of money" amid rising digital payments and private digital currencies. It highlights risks of inefficient, fragmented equilibria with new private monies and suggests mandating a common unit of account could mitigate interbank transfer fees but may lead to suboptimal outcomes. Central bank reserves and cash are identified as stabilizers, promoting consistent asset bases and interoperability.
Research CBDC
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2026-02-27•United Kingdom•Bank of England
The Bank of England's Staff Working Paper No. 1,173 examines how mortgage-rate changes affect household consumption via debt and asset prices, using UK administrative data. A 1 percentage point reduction in mortgage rates is estimated to increase mortgagors’ consumption by about 3% over six months, primarily through borrowing against higher house prices. Regions with non-responsive house prices to rate cuts show smaller consumption effects, and the cumulative impact of rate cuts can take up to 50 months to fully materialize.
Research Other
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2026-02-27•United Kingdom•Bank of England
The Bank of England released a staff working paper analyzing the impact of changes in prudential capital requirements on UK lending, macroeconomic outcomes, and banking competition. The study finds banks primarily meet tighter requirements by reducing risk-weighted assets, leading to modest short-term contractions in lending and GDP, with minimal long-term costs and a temporary reduction in competition. The paper is research in progress and does not reflect official Bank of England policy.
Research Capital adequacy
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2026-02-27•Canada•Alberta Securities Commission
The Alberta Securities Commission issued a Notice of Hearing against 2307755 Alberta Ltd. and director Daniel Rodolfo Astete for allegedly conducting illegal securities distributions via a real estate crowdfunding offering for The Isaac on 9th project. Allegations include raising CAD 500,000 without a prospectus and paying CAD 21,000 to Astete, violating National Instrument 45-110. The allegations remain unproven, with a hearing date set for April 8, 2026.
Enforcement Investigations & enforcement actions Crowdfunding
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2026-02-27•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission adopted final rules under the Holding Foreign Insiders Accountable Act, mandating Section 16 insider transaction reporting for directors and officers of foreign private issuers, with filings required on EDGAR. These rules apply to foreign private issuers with equity securities registered under Section 12 of the Securities Exchange Act of 1934. Commissioner Mark T. Uyeda noted the rules exclude beneficial owners of more than 10% of any class of registered equity securities.
Policy & regulation Rules & requirements Corporate governance
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2026-02-27•United States•Office of the Comptroller of the Currency
The Office of the Comptroller of the Currency released its schedule for Community Reinvestment Act evaluations for national banks and federal savings associations for Q2 and Q3 2026. Public comments on CRA-related activities are invited and will be considered if received before the close of each evaluation.
Supervision Reviews, inspections & stress tests Other
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2026-02-27•United States•National Credit Union Administration
In February 2026, the National Credit Union Administration issued one consent-based and four conviction-based Orders of Prohibition, permanently barring five former credit union employees from working in any federally insured depository institution. The prohibitions involved individuals from Affinity Plus Federal Credit Union, Service Federal Credit Union, Boeing Employees Credit Union, Neches Federal Credit Union, and Black Hills Federal Credit Union, following fraud-related convictions. These orders prevent future employment in federally insured institutions.
Enforcement Sanctions & designations
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2026-02-27•United States•Federal Reserve Bank of Kansas City
The Federal Reserve Bank of Kansas City's February Survey of Tenth District Services shows modest growth in services activity for January, with future activity expectations rising. February saw continued gains, with revenue growth at its highest since June 2023, despite a further decline in employment. The survey includes updated seasonal adjustment factors affecting historical index values, to be used through 2025.
Data & statistics Activity and performance reporting
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2026-02-27•Uganda•Bank of Uganda
The Bank of Uganda said Joppa Exchange Services Limited voluntarily ceased foreign exchange business with effect from 27 February 2026.
Supervision Authorisations & approvals Licence withdrawal
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2026-02-27•Australia•Australian Prudential Regulation Authority
The Australian Prudential Regulation Authority (APRA) published its quarterly insurance statistical reports for December 2025, covering general, life, and private health insurance performance. The reports reflect updates to the new insurance reporting framework effective from July 2023, noting historical data is not directly comparable. APRA plans future consultations on confidentiality and updates to institutional-level insurance statistics.
Data & statistics Financial and market indicators Supervisory data