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2026-02-24•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario has revoked Jonathan Matthew Warden's life and accident and sickness insurance agent licence, citing unsuitability under Ontario’s Insurance Act. Warden was found untrustworthy for collaborating with non-licensee Daniel Emerson Tiffin and obstructing investigations. An administrative penalty of CAD 5,000 was imposed for non-compliance with FSRA inquiries, as part of a settlement.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity
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2026-02-24•United States•Federal Deposit Insurance Corporation
The FDIC reported a 10.2% increase in 2025 net income for FDIC-insured institutions, reaching USD 295.6 billion, with a return on assets of 1.20%. Despite stronger earnings and widening net interest margins, the FDIC noted continued credit weaknesses in certain loan portfolios and elevated unrealized securities losses. The Deposit Insurance Fund balance rose to USD 153.9 billion, with ongoing supervisory focus on these issues.
Data & statistics Asset quality Prudential risks Credit risk
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2026-02-24•United States•Federal Deposit Insurance Corporation
The FDIC's Quarterly Banking Profile reported a return on assets of 1.24% and net income of USD 77.7 billion for FDIC-insured institutions in Q4 2025, a 2.0% decrease from the previous quarter. Net interest margin rose to 3.39% due to a 2.2% increase in net interest income, while community banks saw a 3.8% decline in net income. Asset quality remained favorable despite elevated delinquency rates in some portfolios, and the Deposit Insurance Fund reserve ratio increased to 1.42%.
Data & statistics Financial and market indicators Supervisory data
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2026-02-24•United Kingdom•UK Parliament
The Chair of the UK Parliament’s Joint Committee on the National Security Strategy has urged the Government to block cryptocurrency donations in political finance until statutory guidance is issued by the Electoral Commission. Recommendations include a national police lead on political finance, interim conditions on crypto donations, tougher sentences for breaches involving foreign money, and enhanced Electoral Commission powers to trace donation sources.
Policy & regulation Reform agendas & priorities Other
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2026-02-24•Türkiye•Insurance and Private Pension Regulation and Supervision Agency of Türkiye
The Insurance and Private Pension Regulation and Supervision Agency of Türkiye has temporarily suspended the intermediary activities of RYS Sigorta Aracilik Hizmetleri A.Ş. This action follows Board Decision No 1581 and is pursuant to Articles 1 and 32 of Insurance Law No 5684 and Article 24 of the Regulation on Insurance Agents.
Supervision Authorisations & approvals Unlicensed or unauthorized activity
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2026-02-24•India•India International Financial Services Centres Authority
The India International Financial Services Centres Authority and the Malta Financial Services Authority have signed a Memorandum of Understanding to enhance regulatory cooperation. The agreement focuses on information sharing regarding financial market trends, regulatory practices, and technology applications, as well as promoting high standards of conduct and enforcement in financial services.
Policy & regulation Cooperation Cross-border cooperation
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2026-02-24•Moldova•National Commission for Financial Markets
The National Commission for Financial Markets held a session for Moldova State University law students to enhance their understanding of capital market mechanisms and the supervisor’s role. Led by Vice-President Vladimir Rusnac, it covered market evolution, crowdfunding, voluntary pension funds, and trading financial instruments. It also addressed vigilance in a digital financial environment, focusing on fraud prevention and risks associated with cryptoassets on unauthorised platforms.
Financial literacy & education Crowdfunding Financial literacy and education
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2026-02-24•Comoros•Central Bank of Comoros
The Central Bank of Comoros warned that some entities are falsely claiming Comorian financial status and said only institutions licensed by the central bank may conduct financial or banking activities under a Comorian authorization.
Supervision Alerts Unlicensed or unauthorized activity
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2026-02-24•Moldova•National Bank of Moldova
The National Bank of Moldova has released two draft laws for public consultation to modernize the insurance market's legal framework and align it with EU standards. The drafts propose changes to compulsory motor third-party liability insurance and insurance and reinsurance activities, including a free-tariff system, updated compensation limits, and enhanced capital and governance requirements. Most provisions apply after a two-year transition period, with full implementation by 2029.
Policy & regulation Rules & requirements Other
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2026-02-24•Isle of Man•The Treasury (Isle of Man)
The Treasury (Isle of Man) announced updates to the UK Sanctions List under the Russia sanctions regime, adding 240 entities, seven individuals, and 50 ships, all subject to asset freeze and trust services sanctions. Institutions must freeze funds for designated persons, verify matches, and report frozen assets or breaches to the Financial Intelligence Unit. Non-compliance or circumvention is a criminal offence.
Policy & regulation Rules & requirements Sanctions list update
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2026-02-24•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission issued a Russia sanctions notice under the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, requiring businesses to freeze funds and assets linked to designated individuals and entities. Firms must report such relationships to the States of Guernsey Policy & Resources Committee and comply with the Sanctions (Bailiwick of Guernsey) Law, 2018. Notifications to the Commission and detailed reports under Handbook Rule 12.37 are also mandated.
Supervision Regulatory reporting Sanctions list update
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2026-02-24•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission (GFSC) issued a Russia sanctions notice listing 50 ships under the UK Russia (Sanctions) (EU Exit) Regulations 2019, effective in the Bailiwick of Guernsey. Businesses are instructed to check for links to these vessels and report any findings to the States of Guernsey Policy & Resources Committee and the GFSC, detailing the sanctions connection and actions taken.
Policy & regulation Guidance & interpretation Sanctions list update
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2026-02-24•Greece•Bank of Greece
The Bank of Greece reported a significant increase in the travel services surplus for December 2025 and the full year, driven by higher travel receipts and rising inbound traveller numbers. In December, the surplus rose 83.5% year-on-year to EUR 313.2 million, with receipts up 33.0% despite a decline in average expenditure per trip. For 2025, the surplus reached EUR 20,255.2 million, with a 5.6% increase in inbound visitors and a 3.8% rise in expenditure per trip.
Data & statistics Balance of payments and other external statistics
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2026-02-24•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market released its January 2026 digest, highlighting a UAH 114 billion organized-market turnover, driven by government bonds. Trading outside the organized market reached UAH 39.5 billion, while commodity exchange turnover was UAH 30.6 billion, with electricity trading as the primary activity.
Data & statistics Financial and market indicators Supervisory data
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2026-02-24•Netherlands•De Nederlandsche Bank
De Nederlandsche Bank (DNB) outlined measures to address geopolitical tensions, focusing on resilience against hybrid threats and disruptions. Challenges include digital dependence on non-European IT providers and rising operational and financial risks. DNB plans to enhance supervisory measures with European counterparts and expects financial institutions to manage these risks, aligning with its DNB2030 programme for increased agility and efficiency.
Supervision Supervision approach, priorities & toolkit Geopolitical risk
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2026-02-24•Lithuania•Ministry of Finance (Lithuania)
Lithuania's Ministry of Finance signed a memorandum with the Nordic Investment Bank to enhance ILTE's strategic activities, focusing on risk management. The agreement includes appointing an NIB expert to ILTE's Advisory Risk Management Committee. This initiative aligns with Lithuania's efforts to bolster ILTE's governance and adherence to international standards.
Institutional development Cooperation & capacity building Domestic cooperation
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2026-02-24•Bulgaria•Bulgaria Financial Supervision Commission
The Bulgaria Financial Supervision Commission reported that its Chair, Vasil Golemanski, participated in the European Securities and Markets Authority Board of Supervisors meeting on the European Union’s Market Integration and Supervision Package, its role in the Savings and Investment Union, capital markets competitiveness and regulatory burden reduction. The Board discussed upcoming changes to listing rules, market transparency, post-trade infrastructure and supervisory convergence, with Golemanski stressing ambition, operational feasibility and proportionality in integration reforms.
Policy & regulation Cooperation Cross-border cooperation Market development
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2026-02-24•Bulgaria•Bulgaria Financial Supervision Commission
The Bulgaria Financial Supervision Commission has granted consent to the merger of Allianz Risk Transfer AG into Allianz Global Corporate & Specialty SE. The decision follows notification from Liechtenstein’s competent authority and a review of portfolio documentation, and covers insurance contracts where Bulgaria is the Member State in which the risk is located.
Supervision Authorisations & approvals Other
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2026-02-24•Ghana•Securities and Exchange Commission Ghana
The Securities and Exchange Commission Ghana released Guidelines on Market Levies for 2026, detailing the levy payment framework for market operators. These guidelines are issued under section 15 of the Securities Industry Act, 2016, as amended by the Securities Industry (Amendment) Act, 2021.
Policy & regulation Guidance & interpretation Other
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2026-02-24•Sri Lanka•Sri Lanka Securities & Exchange Commission
The Sri Lanka Securities and Exchange Commission has published a revised list of audit firms eligible to conduct statutory audits of Public Listed Companies for financial years beginning on or after 1 January 2026, excluding companies listed on the Empower Board. The list includes 17 named firms, including Ernst & Young Sri Lanka, KPMG Sri Lanka, Deloitte Partners, Deloitte Associates, BDO Partners, and other specified local firms.
Policy & regulation Rules & requirements Securities offerings and listings
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2026-02-24•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority alerted about scams with fraudulent websites, fake banking login screens, and phishing messages targeting banks like The Bank of East Asia and HSBC. The HKMA stressed banks won't send messages with transaction hyperlinks or request sensitive information via phone, email, or SMS. Affected individuals should contact their bank and report to the Hong Kong Police Force.
Supervision Alerts Fraud and scams
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2026-02-24•Europe•Authority for Anti-Money Laundering and Countering the Financing of Terrorism
The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) announced the appointment of Hennie Verbeek-Kusters to its Executive Board, completing its five-member team. Verbeek-Kusters, previously head of the Netherlands’ Financial Intelligence Unit, brings extensive financial intelligence experience to support AMLA's European framework efforts.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-02-24•South Africa•South African Reserve Bank
The South African Reserve Bank reported a 1.0% decline in the composite leading business cycle indicator for December 2025, driven by decreases in real M1 money supply growth and residential building plan approvals. The composite coincident indicator fell by 0.2% in November 2025, mainly due to reduced industrial production and manufacturing capacity utilisation.
Data & statistics Economic data and developments
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2026-02-24•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission issued the 2026 Rules of Procedure to streamline administrative and adjudicative processes, replacing the 2016 rules. Key changes include allowing draft decision submissions, prohibiting certain motions, and mandating email for filings. The rules also consolidate enforcement mechanisms, including cease and desist orders with specified validity periods.
Policy & regulation Rules & requirements Other
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2026-02-24•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission hosted the first in-person ASEAN Taxonomy Board meeting and a workshop on the Mitigation co-benefit and Adaptation for Resilience (mARs) Guide, aligning with its ASEAN Capital Markets Forum (ACMF) chairship. Discussions advanced the ASEAN Taxonomy for Sustainable Finance, mARs Guide development, and the region's sustainable finance ecosystem. The SEC linked these activities to its ACMF chairship programme and Action Plan 2026-2030, highlighting future outputs like an ASEAN Code of Conduct for External Verifiers and an expanded ASEAN Corporate Governance Scorecard.
Policy & regulation Implementation, projects & pilots Climate risk and sustainable finance
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2026-02-24•Brunei Darussalam•Central Bank of Brunei Darussalam
The Central Bank of Brunei Darussalam's Business Sentiment Index for December 2025 showed slight improvement in current conditions at 50.3 and mildly positive expectations for January 2026 at 50.2. Investment sentiment was modestly expansionary, while employment was slightly contractionary at 49.9, reflecting sector-specific challenges. Transport and Communication, Oil and Gas Related, Hotels and Restaurants, and Wholesale and Retail Trade sectors were in expansionary territory, with large and medium businesses slightly optimistic.
Data & statistics Economic data and developments
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2026-02-24•Netherlands•Dutch Authority for the Financial Markets
The Dutch Authority for the Financial Markets reported that four in ten mortgage holders made home sustainability improvements in the past year, primarily funded through savings. Awareness of subsidy and financing schemes like the Warmtefonds and ISDE has increased, yet usage remains limited. The authority noted potential for mortgage advisers and lenders to better inform consumers about available financing options.
Research Climate risk and sustainable finance
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2026-02-24•Pakistan•Securites & Exchange Commission of Pakistan
The Securities and Exchange Commission of Pakistan reported 79 new foreign companies began operations in the past three years, with investments of PKR 40.7 billion. Notable transactions include Wafi Energy's acquisition of Shell Pakistan and Saudi Aramco's 40% stake in Gas & Oil Pakistan Limited. SECP highlighted significant commitments, such as Kuwait-backed Raqami Digital Bank's planned USD 100 million investment and China–Pakistan Economic Corridor Phase II agreements exceeding USD 1.5 billion.
Data & statistics
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2026-02-24•Oman•Oman Financial Services Authority
The Oman Financial Services Authority released preliminary 2025 motor insurance data, indicating a stable number of traffic accidents but a rise in serious incidents and compensation. Serious accidents increased by 13.2% year on year, with total compensation exceeding OMR 79.8 million, up 1.47%. The data exclude accidents outside policy coverage, such as those involving driving under the influence or without a valid license.
Data & statistics Other
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2026-02-24•Brazil•Brazil Securities Commission (CVM)
The Brazil Securities Commission (CVM) detailed ongoing investigations and sanctioning proceedings involving the Master and REAG groups, covering suspected misconduct in trading, fund management, and corporate reorganisations. The CVM also highlighted settled cases and noted the establishment of a working group to enhance regulatory oversight and cooperation. Further updates on supervisory actions related to these entities are anticipated.
Enforcement Investigations & enforcement actions Market abuse
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2026-02-24•Croatia•Croatian Financial Services Supervisory Agency
The Croatian Financial Services Supervisory Agency's January 2026 report highlights a 2.1% increase in net assets of mandatory second-pillar pension funds to EUR 27.0bn and a 2.2% rise in UCITS assets to EUR 4.1bn. The Zagreb Stock Exchange turnover decreased to EUR 66.1m, despite a 4.4% increase in market capitalisation to EUR 57.8bn. The insurance market collected EUR 153.1m in premiums, with claims settled at EUR 86.7m.
Data & statistics
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2026-02-24•Croatia•Croatian Financial Services Supervisory Agency
The Croatian Financial Services Supervisory Agency's Q3 2025 Macroprudential Risk Scanner highlights systemic risks in the financial sector due to inflation and real estate price growth. Interest rate risk is a key spillover channel, affecting fund portfolios. Despite positive market trends and stable returns, geopolitical tensions and potential sentiment shifts pose instability risks, with money market funds as the largest investment category but carrying inherent risks.
Supervision Risk monitoring & watch points Financial stability and systemic risk Market risk and volatility
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2026-02-24•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan approved Sadu Ainash Tuleyubaiqyzy as a Deputy Chief Accountant in the banking sector.
Institutional development Leadership change & appointments Other
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2026-02-24•Malta•Malta Financial Services Authority
The Malta Financial Services Authority's 2026 Supervisory Priorities emphasize financial crime compliance, consumer protection, and cross-border supervision. Key areas include alignment with the EU anti-money laundering package, enhanced consumer protection, and oversight of digital finance transitions under the Markets in Crypto-Assets Regulation. The MFSA stresses governance and internal controls in AI adoption and urges entities to review these priorities at the board level.
Supervision Supervision approach, priorities & toolkit AML and CFT Consumer and investor protection Other
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2026-02-24•Morocco•Moroccan Capital Markets Authority
The Moroccan Capital Market Authority has registered Maghrebail’s reference document for the 2024 financial year and the first half of 2025, updating its finance company bills programme dossier. The updated dossier includes the new reference document and a programme note from February 2022.
Supervision Regulatory reporting
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2026-02-24•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission secured worldwide interim injunctions to freeze assets of former Hong Kong Exchange and Clearing Limited employee Chan Ching Wa and associates over alleged insider trading involving at least seven Hong Kong-listed companies. This marks the SFC's first such proceedings in England and Wales, targeting assets transferred overseas. The injunctions, effective until early March 2026, prohibit asset disposal or value diminution up to specified amounts for the suspects.
Enforcement Investigations & enforcement actions Market abuse
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2026-02-24•Saudi Arabia•Saudi Arabia Capital Markets Authority
Saudi Arabia's Capital Markets Authority approved Naseej for Technology Company's request to increase its share capital from SAR 50 million to SAR 77.25 million by issuing bonus shares. The increase will be funded by transferring SAR 27.25 million from retained earnings, raising shares from 5 million to 7.725 million. An extraordinary general assembly must be held within six months, and the company must comply with all regulatory requirements.
Supervision Authorisations & approvals Securities offerings and listings
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2026-02-24•Egypt•Central Bank of Egypt
Central Bank of Egypt Governor Hassan Abdalla and Minister of Planning Ahmed Rustum discussed enhancing cooperation for macroeconomic stability and development goals. They focused on economic indicators, policy coordination, and progress on the sustainable development plan and Egypt Vision 2030, emphasizing balancing monetary stability with development to stimulate investment and create sustainable employment.
Policy & regulation Cooperation Domestic cooperation
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2026-02-24•United Arab Emirates•Dubai Virtual Assets Regulatory Authority
The Dubai Virtual Assets Regulatory Authority issued a circular to virtual asset service providers (VASPs) detailing supervisory expectations for the UAE Virtual Asset Travel Rule. The rule mandates data collection, verification, and transmission for qualifying transfers, prohibiting non-compliant transfers. VASPs must ensure counterparties are regulated, manage incomplete information, and report systemic failures, with additional obligations for transfers involving unhosted wallets and privacy tokens.
Policy & regulation Guidance & interpretation AML and CFT Regulatory reporting
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2026-02-24•Malaysia•Bank Negara Malaysia
Bank Negara Malaysia reported international reserves of USD127.9 billion as of 13 February 2026, sufficient to finance 4.7 months of imports and 0.9 times short-term external debt. Under the previous import coverage measure, reserves would cover 5.8 months of retained imports.
Data & statistics
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2026-02-24•Nigeria•Central Bank of Nigeria
Central Bank of Nigeria’s Monetary Policy Committee cut the Monetary Policy Rate by 50 bp to 26.5 %, citing an 11-month decline in inflation, exchange-rate stability and better food supply as scope for “moderate easing”. The standing-facilities corridor and CRR settings were left unchanged, with the MPC pledging a data-dependent approach amid fiscal-driven inflation risks and noting reserves of USD 50.45 bn (9.68 months import cover).
Monetary policy Policy rate decisions Monetary policy decisions and developments
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2026-02-24•Qatar•Qatar Financial Centre
The Qatar Financial Centre has licensed Apex Group Ltd to operate within the QFC, marking it as the first regulated asset servicing company there. Apex Group, a global financial services provider with over USD 3.5 trillion in assets serviced, will offer services to institutional investors and financial institutions in Qatar. Emad Khan has been appointed as Senior Executive Officer and Country Head for the Qatar office.
Supervision Authorisations & approvals Licence approval
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2026-02-24•Vietnam•State Bank of Vietnam
The State Bank of Vietnam updated on the National Steering Committee on Financial Inclusion's third session, reviewing the 2020-2025 strategy and discussing a draft strategy for 2026-2030. The draft aims for 95% of people aged 15 and over to have transaction accounts and non-cash payment value to reach 30 times GDP by 2030. The Prime Minister endorsed initiatives for legal reforms, digital infrastructure, financial education, and sustainable finance.
Policy & regulation Reform agendas & priorities Financial inclusion
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2026-02-24•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway has withdrawn Reliance Consulting AS’s approval as an accounting company after finding serious breaches of legal requirements in governance, quality management, risk management, internal control and accounting engagements. It also identified multiple anti-money laundering violations, including an incomplete business-wide risk assessment, inadequate staff training and deficient customer due diligence, and has deferred the withdrawal’s entry into force to 30 June 2026 to safeguard clients.
Supervision Authorisations & approvals Accounting and financial reporting
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2026-02-24•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway reported a modest decline in Norwegian banks' aggregate profits and return on equity for 2025 compared to 2024, though they remain high. The decrease is attributed to lower net interest income relative to total assets and higher operating costs. Loan losses rose slightly but remained low, with stable non-performing loan volumes.
Supervision Risk monitoring & watch points Activity and performance reporting
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2026-02-24•Norway•Norwegian Finanstilsynet
The Norwegian Financial Supervisory Authority released its quarterly report on financial institutions' use of lending regulation flexibility quotas for Q4 2025. The report noted an increase in housing-backed loans granted outside regulatory requirements, both in Oslo and elsewhere, while consumer loans outside requirements decreased. Loans secured on non-housing assets saw a slight rise in deviations from the previous quarter.
Supervision Risk monitoring & watch points Lending
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2026-02-24•China•Ministry of Finance (China)
China's Ministry of Finance and other authorities have launched a "support microloan" scheme for households at risk of poverty, offering loans up to CNY 100,000 with subsidized interest rates. Loans are restricted to production and business purposes, with eligibility criteria including credit approval and age limits. Banks must enhance delivery processes, and supervisors will apply differentiated treatment for compliant renewals and non-performing loan ratios.
Policy & regulation Rules & requirements SME financing
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2026-02-24•New Zealand•New Zealand Financial Markets Authority
The New Zealand Financial Markets Authority (FMA) released findings from its operational resilience thematic review, based on voluntary surveys of peer-to-peer lending platforms and crowdfunding service providers. The review assessed resilience maturity, identified risks, and provided recommendations for improvement, aligning with the FMA's 2025 Financial Conduct Report.
Supervision Reviews, inspections & stress tests Operational risk and resilience
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2026-02-24•South Korea•South Korea Financial Supervisory Service
South Korea's Financial Supervisory Service reported a 0.50% delinquency rate for won-denominated loans at domestic banks as of December 2025, down from 0.60% in November but up from 0.44% a year earlier. Newly delinquent loans decreased by KRW 0.2 trillion, while resolved loans increased by KRW 3.2 trillion. Delinquency rates fell across major segments, with business loans at 0.59% and household loans at 0.38%.
Data & statistics Financial and market indicators Supervisory data
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2026-02-24•South Korea•South Korea Financial Services Commission
South Korea's Financial Services Commission approved amendments to the Enforcement Decree under the Act on Restriction on Special Cases Concerning Taxation, requiring "high dividend companies" to disclose compliance with special tax treatment for stock dividend income. These disclosures, filed as corporate value-up plans with the Korea Exchange, must be submitted by fiscal year-end and within a day after dividend declarations. The Korea Exchange will update disclosure forms and provide guidance, including abridged filing examples.
Policy & regulation Rules & requirements Disclosures
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2026-02-24•Global•International Monetary Fund
The IMF concluded its 2025 Article IV consultation with Kuwait, noting economic recovery amid OPEC+ cuts and strong non-oil growth, while inflation moderates. It recommended gradual fiscal consolidation and structural reforms, including tax extensions and public sector adjustments, for long-term fiscal sustainability. The IMF also advised the Central Bank of Kuwait on monetary policy adjustments due to a credit cycle upturn and the upcoming Real Estate Financing Law.
Policy & regulation Peer reviews and country evaluations Other
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2026-02-24•Global•International Monetary Fund
The International Monetary Fund's 2025 Article IV consultation for Kuwait highlights the country's shift from an oil-dependent welfare state to a diversified economy. Key reforms include the Financing and Liquidity Law, increased public investment, and adjustments to energy subsidies and mortgage lending.
Research
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2026-02-24•Global•Financial Action Task Force
The Financial Action Task Force (FATF) published a paper on cyber-enabled fraud, detailing how jurisdictions can leverage FATF Standards to combat scams and recover illicit funds. The paper underscores the prevalence of fraud, with over 40% of crimes in the UK attributed to it, and highlights techniques like phishing and AI-enabled deepfakes. FATF emphasizes international cooperation, faster information sharing, and asset recovery, prioritizing fraud in upcoming years and participating in the Global Fraud Summit in Vienna in March 2026.
Policy & regulation International standards & recommendations Cyber resilience
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2026-02-24•Kuwait•Central Bank of Kuwait
The Central Bank of Kuwait issued a notice referencing the International Monetary Fund's press release on the conclusion of the 2025 Article IV consultation with Kuwait.
Other
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2026-02-24•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority announced a new service schedule for its Coin Collection Programme's "Coin Carts" from 23 March to 31 May 2026. Since its inception in 2014, the programme has facilitated 1,454,000 transactions, collecting 1,106 million coins valued at HKD 1,787 million. The Coin Carts, equipped with coin counting machines and staff support, offer free coin exchange services across Hong Kong's 18 districts.
Policy & regulation Implementation, projects & pilots Payments and payment systems
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2026-02-24•Australia•Parliament of Australia
The House of Representatives Standing Committee on Economics is holding public hearings on digital payment schemes and emerging technologies, focusing on credit card and payment system fairness, competitiveness, and affordability. The inquiry will assess the impact of payment costs on small businesses and consider digital currencies and blockchain technology. Key regulators, major banks, global card networks, and industry bodies will provide evidence.
Policy & regulation Other Payments and payment systems Fintech and insurtech
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2026-02-23•Cuba•Central Bank of Cuba
The Central Bank of Cuba emphasized ICT-enabled learning, especially the Moodle platform, in enhancing training amid digital transformation. The article outlines Moodle's benefits for flexible training and identifies challenges like connectivity issues, digital literacy gaps, and data protection needs. It also explores potential applications in digital banking and risk management training to support electronic services like Transfermóvil and Enzona.
Institutional development Technology & data transformation Financial literacy and education IT management
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2026-02-23•Ghana•Ghana National Insurance Commission
Ghana's National Insurance Commission (NIC) has endorsed the Insurance Retirees Forum of Ghana (IRFG) to enhance the insurance sector through veteran expertise. Led by the Chartered Insurance Institute of Ghana (CIIG), the initiative aims to integrate retirees into strategic planning, provide mentorship, and offer technical advisory support. An interim advisory council, chaired by Mr. Peter Osei-Duah, has been established to guide the forum's activities.
Policy & regulation Implementation, projects & pilots Leadership change and appointments
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2026-02-23•Europe•European Central Bank
ECB President Christine Lagarde emphasized central bank independence and the resilience of the ECB’s Governing Council in her acceptance speech for the 2026 Paul A. Volcker Lifetime Achievement Award. She highlighted the ECB's swift policy actions, including a €750 billion emergency asset purchase programme and significant interest rate adjustments. Lagarde also discussed the euro area's shift towards higher domestic investment and the importance of supply-side reforms to enhance growth.
Monetary policy Monetary policy framework & strategy Monetary policy decisions and developments
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2026-02-23•Luxembourg•Central Bank of Luxembourg
The Central Bank of Luxembourg's Working Paper 204 examines how countries use corporate taxation and public investment to attract mobile private capital. The study finds that convergence in infrastructure and technology depends on factors like infrastructure depreciation, diffusion rates, and initial conditions. It also suggests that significant frictions in public investment adjustment may lead countries to favor tax-based competition over infrastructure investment.
Research Other
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2026-02-23•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic has suspended the exchange bureau licence of ARZYBAY LLC in Bazar-Korgon, Jalal-Abad region, from 21–25 February 2026. The suspension is due to breaches of Kyrgyz Republic legislation and the National Bank’s regulations.
Supervision Authorisations & approvals Unlicensed or unauthorized activity
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2026-02-23•Ukraine•National Bank of Ukraine
The National Bank of Ukraine has enhanced its statistical foreign exchange market indicators by adding new data series on investment metals transactions. This includes volumes of investment metals purchased by banks from clients and transactions involving physical delivery by households. The data will be published monthly, with historical data available from January 2025.
Data & statistics Financial and market indicators Foreign exchange policy and markets
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2026-02-23•Europe•European Securities and Markets Authority
The European Securities and Markets Authority (ESMA) has launched a public consultation on the European Market Infrastructure Regulation (EMIR 3), focusing on central counterparties' requirements for eligible collateral, investment policy, and emission allowances. The consultation seeks input on conditions for accepting various guarantees and treating debt instruments as eligible for CCP investment policies. ESMA invites feedback from all stakeholders, including non-financial counterparties, to address the expanded scope of acceptable guarantees and entities under EMIR 3.
Policy & regulation Rules & requirements CCPs
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2026-02-23•Global•Bank for International Settlements
The Bank for International Settlements' BIS Bulletin No 122 examines the macroeconomic significance of "AI giants" in the AI supply chain, concentrated in the U.S., China, Chinese Taipei, Korea, and the Netherlands. It notes U.S. and Chinese firms dominate multiple supply chain layers, while others like TSMC and ASML focus on specific inputs. It discusses vertical integration, jurisdictional AI strategies, and suggests policy measures for fair access, competition, and oversight.
Research Artificial intelligence
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2026-02-23•Montenegro•Montenegro Capital Market Authority
The Montenegro Capital Market Authority has revoked the operating licence of Nozax a.d. Podgorica due to the firm's cessation of investment and ancillary services. Clients have been instructed to withdraw or transfer their assets following the decision made at the Authority's 171st session under the Capital Market Law.
Supervision Authorisations & approvals Unlicensed or unauthorized activity
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2026-02-23•South Africa•National Credit Regulator
South Africa's National Credit Regulator issued guidance for credit providers on mitigating money laundering, terrorist financing, and proliferation financing risks under the Financial Intelligence Centre Act. Credit providers must implement a risk management and compliance programme (RMCP) with a risk-based approach, customer due diligence, and reporting to the Financial Intelligence Centre. The RMCP requires board or senior management approval and submission to the FIC upon request.
Policy & regulation Guidance & interpretation AML and CFT
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2026-02-23•Indonesia•OJK
The Indonesia Financial Services Authority (OJK) concluded its criminal investigation into alleged banking offences at PT Bank Perkreditan Rakyat Panca Dana, naming three suspects and transferring the case to the public prosecutor. The investigation uncovered schemes involving false records and fictitious lending, with significant financial misappropriations. The suspects face charges under the amended Banking Law, with potential penalties of up to 15 years' imprisonment and fines of IDR 5 billion.
Enforcement Investigations & enforcement actions Fraud and scams
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2026-02-23•Europe•European Securities and Markets Authority
The European Securities and Markets Authority (ESMA) has withdrawn its guidelines on MiFID II and MiFIR market data obligations to align with new regulatory technical standards on making market data available on a reasonable commercial basis. The RTS on RCB took effect on 23 November 2025, with a transition period until 22 August 2026 for pre-authorised market data providers to adjust contracts. ESMA has invited stakeholders to discuss issues related to these rules and the RTS application.
Policy & regulation Guidance & interpretation Regulatory burden
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2026-02-23•Europe•European Central Bank
The European Central Bank released a working paper by Rodolfo Dinis Rigato introducing a closed-form least-squares filtering algorithm for linear sequence-space models to recover unobserved structural shocks from observed data. The paper emphasizes computational efficiency and adaptability to various data challenges, with an application to a New Keynesian model demonstrating the filter's effectiveness. The research is independent and does not reflect ECB views.
Research Other
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2026-02-23•Europe•European Central Bank
The European Central Bank's Working Paper analyzes the impact of borrower-based macroprudential measures on mortgage lending standards in 15 euro area countries from 2009 to 2023. The study finds that banks generally tighten mortgage credit standards and terms around the implementation of these measures, with the strongest effects observed in the implementation quarter. Legally binding measures and high pre-implementation mortgage loan or real estate price growth amplify the tightening effect.
Research Macroprudential policy and tools Prudential risks
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2026-02-23•Ukraine•National Bank of Ukraine
The Bank for International Settlements released a lecture by National Bank of Ukraine First Deputy Governor Sergiy Nikolaychuk on Ukraine's inflation targeting since 2015. The lecture discusses the decision-making context, framework development, implementation outcomes, and lessons learned.
Research Monetary policy decisions and developments
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2026-02-23•Belgium•National Bank of Belgium
The National Bank of Belgium appointed Tom Dechaene as vice-governor by royal decree on 14 February 2026. Dechaene will retain his role as director, a position he has held since 2014. He succeeds Steven Vanackere.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-02-23•Australia•Australian Securities & Investments Commission
ASIC Commissioner Alan Kirkland emphasized enforcement efforts after the Shield and First Guardian Master Funds collapse, with 12 cases and 26 investigations. Actions include asset-freezing orders, licence cancellations, and civil penalty proceedings against entities like Equity Trustees and Macquarie Investment Management. ASIC is reviewing financial advice licensees using lead generation services and enhancing consumer assistance through updated Moneysmart tools and campaigns.
Enforcement Investigations & enforcement actions Consumer and investor protection
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2026-02-23•Dominican Republic•Pensions Superintendency (SIPEN)
The Dominican Republic's Pensions Superintendency (SIPEN) participated in the Punta Cana Carnival for the second year, using its "Tu Futuro" interactive chair to promote retirement planning. This initiative aimed to integrate pension and financial education into a recreational environment, engaging families through interactive activities.
Financial literacy & education Financial literacy and education
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2026-02-23•British Virgin Islands•British Virgin Islands Financial Services Commission
The British Virgin Islands Financial Services Commission plans to open a representative office in Panama to enhance its presence in Latin America, following extensive market research. This will be the Commission's second overseas office, aimed at strengthening service to Latin American users of BVI financial services. The office is expected to be operational in 2026, with a director and regional staff to be appointed.
Policy & regulation Implementation, projects & pilots Other
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2026-02-23•Canada•Financial Services Regulatory Authority of Ontario
The Financial Services Regulatory Authority of Ontario has paused finalization of its proposed rule and licensing regime for Life and Health Managing General Agents, initially targeted for 1 June 2026. The Government of Ontario will announce next steps for the framework. FSRA acknowledged stakeholder input from the consultation process and anticipates ongoing engagement.
Policy & regulation Rules & requirements Licensing framework and process
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2026-02-23•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
Senator Elizabeth Warren urged Congress in a Fox News op-ed to legislate a 10% cap on credit card interest rates, criticizing President Trump for not fulfilling his promise to lower these costs. Warren highlighted potential consumer savings of USD 100 billion annually and criticized efforts to undermine the Consumer Financial Protection Bureau. She mentioned possible Senate Banking Committee hearings in March 2026 to advance the legislation.
Policy & regulation Reform agendas & priorities Consumer and investor protection
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2026-02-23•United States•New York State Department of Financial Services
The New York State Department of Financial Services has proposed rules to implement New York's new law for buy now, pay later (BNPL) loans, establishing a licensing and supervisory framework. The rules include consumer protection requirements for disclosures, fees, dispute handling, and data privacy, prohibit excessive fees, and limit late and penalty fees. Lenders must disclose credit reporting practices and ensure timely dispute resolution, with protections against consumer data misuse.
Policy & regulation Rules & requirements BNPL
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2026-02-23•Poland•Central Bank of Poland
The Central Bank of Poland said M3 money supply fell by PLN 22.7 billion in January 2026 to PLN 2,715.0 billion, mainly because deposits and other claims of non-financial corporations declined. Corporate deposits fell 4.5% and social security funds also dropped, while household and local government holdings increased modestly. The bank added that methodological changes from the January 2026 data affect some reported values.
Data & statistics Monetary data
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2026-02-23•Europe•European Central Bank
Claudia Buch, Chair of the ECB Supervisory Board, stressed that strong prudential regulation boosts banks' competitiveness by fostering resilience and trust. ECB recommendations aim to simplify regulation, maintain resilience, and align with international standards. Priorities include upholding global standards, enhancing cross-border services, maintaining capital standards, and completing the banking union with a European deposit insurance scheme.
Policy & regulation Reform agendas & priorities Market development
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2026-02-23•Peru•Central Bank of Peru
The Central Bank of Peru reported a trade surplus of USD 34,573 million in 2025, representing 10.1% of GDP, an increase of USD 10,271 million from 2024. The fourth quarter surplus was USD 12,049 million, driven by higher export prices and volumes in both traditional and non-traditional sectors, and a decline in import prices. Peru has achieved 22 consecutive quarters of trade surpluses.
Data & statistics Balance of payments and other external statistics
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2026-02-23•Canada•British Columbia Financial Services Authority
The British Columbia Financial Services Authority (BCFSA) is accepting applications for new members to join its Real Estate Roundtable, aimed at fostering dialogue with regulated entities and gathering insights on industry challenges. Up to 16 members will be selected based on strategic knowledge and senior-level experience, reflecting the diversity of British Columbia’s real estate services industry.
Institutional development Cooperation & capacity building Hiring and recruitment
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2026-02-23•Canada•British Columbia Financial Services Authority
The British Columbia Financial Services Authority fined Fine Investment Inc., operating as Nick Financial Investment, CAD 75,000 for unauthorized deposit-taking and non-compliance with a formal undertaking under the Financial Institutions Act. The firm solicited deposits without authorization and failed to return or cease new ones as promised. The penalties include CAD 50,000 for unauthorized activities and CAD 25,000 for breaching the undertaking, with no dispute or appeal filed.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity
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2026-02-23•Luxembourg•Luxembourg Commission de Surveillance du Secteur Financier
The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has launched a webpage centralizing resources for the regulatory framework on covered bonds, following the transposition of Directive (EU) 2019/2162. It includes Regulation CSSF No 25-03 and Circulars CSSF 25/895 and 26/907, detailing requirements for Luxembourg credit institutions. The CSSF plans regular updates to ensure access to the latest regulatory developments.
Policy & regulation Guidance & interpretation Securitization
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2026-02-23•Thailand•Thailand Office of Insurance Commission
The Thailand Office of Insurance Commission (OIC) unveiled its 2026 policy direction, initiating the Fifth Insurance Development Plan for 2026–2030, focusing on stability, resilience, inclusion, and technology-driven supervision. Key measures include preventive, risk-based intermediary supervision, enhancing market-conduct oversight, and implementing group-wide prudential supervision. The plan emphasizes reinsurance supervision, national catastrophic risk management, and digitisation initiatives like e-policy issuance and AI-enabled reporting platforms.
Policy & regulation Reform agendas & priorities Other
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2026-02-23•United States•Commodity Futures Trading Commission
The Commodity Futures Trading Commission announced four senior staff appointments in Chairman Michael S. Selig’s office, including Brooke Nethercott as Director of the Office of Public Affairs and Emma Johnston as Senior Agriculture Advisor. Meghan Tente and Elizabeth Mastrogiacomo were named Senior Advisors. The announcement also acknowledged Taylor Foy's service as acting director of the Office of Public Affairs.
Institutional development Leadership change & appointments Hiring and recruitment
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2026-02-23•Bolivia•Financial System Supervisory Authority of Bolivia
Bolivia's Financial System Supervisory Authority released guidelines for a National Financial Inclusion Strategy emphasizing equity, security, and access. Key pillars include digital transformation, financial education, consumer protection, and gender-focused initiatives for women with tailored credit and savings products. The strategy aims to extend services to all municipalities through diverse channels, involving a five-stage technical process with working groups and a national survey.
Policy & regulation Reform agendas & priorities Financial inclusion Financial literacy and education
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2026-02-23•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority granted Al-Mawazi Capital preliminary approval to obtain a licence as a qualified securities broker on the stock exchange. This approval is valid for six months, allowing the company to meet the Authority's criteria before obtaining a three-year renewable licence.
Supervision Authorisations & approvals Licence approval
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2026-02-23•Kuwait•Kuwait Capital Markets Authority
The Kuwait Capital Markets Authority granted Al Sahel Development and Investment Company in-principle approval to be licensed as a qualified securities broker on the stock exchange. This approval is valid for six months, allowing the firm to meet the Authority’s criteria before obtaining a renewable three-year licence.
Supervision Authorisations & approvals Licence approval
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2026-02-23•United States•Federal Reserve Board
The Federal Reserve Board published a FEDS Note analyzing banks' expectations for future lending standards using microdata from the Senior Loan Officer Opinion Survey. The study introduces an Expected Credit Supply Index (E-CSI) to capture shifts in expected credit supply not explained by macroeconomic forecasts or bank characteristics. Findings indicate that the E-CSI predicts deviations in lending standards, with notable easing in 2021 and tightening in 2023, and its predictive power persists longer than raw outlook measures, especially for business loans.
Research Lending
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2026-02-23•United States•Federal Reserve Board
Federal Reserve Board Governor Christopher J. Waller, at the National Association for Business Economics’ Economic Policy Conference, suggested the Federal Open Market Committee's March meeting could hold the policy rate steady or cut it by 25 basis points, contingent on labor-market data. Waller highlighted January's mixed employment signals and noted inflation's temporary tariff effects. His decision will depend on February employment and CPI data.
Monetary policy Monetary policy assessments & outlooks Economic data and developments
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2026-02-23•Angola•Angola Insurance Authority (ARSEG)
The Angola Insurance Authority (ARSEG) revoked Global Seguros, S.A.'s authorization due to persistent non-compliance with financial and operational requirements since 2019. The firm's prudential indicators showed severe deterioration, including a solvency margin of -521.1% and a guarantee fund of -752%, with a capital need exceeding AOA 8bn. ARSEG will transfer Global Seguros' insurance portfolio to other insurers to maintain contract continuity and protect policyholders' rights.
Supervision Authorisations & approvals Supervision process and methodologies Prudential risks
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2026-02-23•France•France Autorite des marches financiers
France's Autorité des marchés financiers (AMF) released a dossier on the EU's transition to T+1 settlement, reducing securities transaction settlement to one business day post-execution. The change, effective 11 October 2027, aims to lower counterparty risk and enhance market stability and competitiveness. The AMF advises firms to prepare for the operational and organisational impacts of this shift.
Policy & regulation Guidance & interpretation Market infrastructure
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2026-02-23•Colombia•Central Bank of Colombia
The Central Bank of Colombia's Economics Working Paper examines how labour informality affects macroeconomic volatility, finding that higher informality increases consumption, investment, and inflation volatility. Using a DSGE model and cross-country data, the study reveals that formal-sector wage rigidities and financial exclusion of informal workers exacerbate aggregate fluctuations. The model accounts for 36% of the observed relationship between informality and consumption volatility and 60% for investment volatility.
Research Other
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2026-02-23•Estonia•Ministry of Finance (Estonia)
Estonia's Ministry of Finance proposed a draft law to enhance banks' ability to prevent payment fraud, allowing temporary transaction halts when fraud is suspected and information sharing with banks and authorities. It outlines procedures for pausing payments based on risk indicators and mandates customer confirmation before proceeding, responding to significant fraud losses, with residents losing nearly EUR 29 million in 2025.
Policy & regulation Rules & requirements AML and CFT
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2026-02-23•Europe•European Central Bank - Banking Supervision
European Central Bank Banking Supervision, led by Supervisory Board Chair Claudia Buch, stressed that strong regulation supports resilient banking models and warned against lowering standards for short-term growth. The ECB's recommendations to the European Commission aim to simplify legislation while upholding international standards. Priorities include preserving global competitiveness, enhancing cross-border services, maintaining strong capital standards, and strengthening banking union institutions, particularly through a European deposit insurance scheme.
Supervision Supervision approach, priorities & toolkit Market development
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2026-02-23•Bosnia and Herzegovina•Banking Agency of Republika Srpska
The Banking Agency of Republika Srpska listed the currency exchange office "VRAČ" (Rade Vračar s.p.) in its directory for exchange office service providers. The listing identifies Rade Vračar as the owner and provides the business address in Banja Luka.
Policy & regulation Implementation, projects & pilots Other
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2026-02-23•Rwanda•Rwanda Capital Markets Authority
At the Rwanda Stock Exchange's 15th anniversary gala, the Rwanda Capital Markets Authority highlighted strong regulation as crucial for a resilient stock exchange, aiming to position the RSE among Africa's top five. The next phase focuses on technology, digitalisation, and new products like real estate investment trusts, exchange-traded funds, and diaspora bonds. Over 15 years, the market transacted RWF 28.011 trillion, with a market capitalisation of RWF 6.6 trillion and RWF 2.71 trillion raised for infrastructure and business expansion.
Policy & regulation Reform agendas & priorities Market development
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2026-02-23•Croatia•Croatian Financial Services Supervisory Agency
The Croatian Financial Services Supervisory Agency announced licensing decisions from its 61st Governing Council session, including a new authorisation for AGENCIJA SUZI d.o.o. for insurance distribution. It also confirmed the cessation of insurance distribution licences for Drinko Perić and Dean Valković.
Supervision Authorisations & approvals Licence withdrawal
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2026-02-23•Global•International Monetary Fund
The IMF's 2025 Article IV consultation for Belgium highlights economic resilience but underscores vulnerabilities like structural fiscal deficits and rising public debt. It calls for deep reforms to address these issues, noting challenges from long-term spending pressures and an uncertain external environment. Despite government efforts on pension, tax, and labor market reforms, implementation faces obstacles from labor union resistance and coordination issues between regional and federal governments.
Policy & regulation International standards & recommendations