Bank of Spain Deputy Governor Soledad Núñez called on banks to integrate geopolitical risk into strategy, stress testing and risk appetite frameworks, despite strong profitability, capital and liquidity. She highlighted rising housing risks, the need for greater transparency in private credit and the importance of financing energy and technological investment without relaxing credit standards.
The Bank of Italy has published a study finding that cross-border financial architecture is shifting from an integrated, Western-centric network toward a more fragmented and multipolar structure. Tighter regulation, declining correspondent banking and geopolitical tensions are driving alternative payment, messaging and regional infrastructure networks. Technology may improve integration, but political alignment is likely to determine how these networks connect.
The Dutch Authority for the Financial Markets found that many consumers have limited knowledge of their pensions and insurance and rarely revisit financial choices. One in seven used AI for financial matters in the past year, while embedded insurance and low reporting of suspected investment fraud highlight emerging consumer protection risks.
The Austrian Financial Market Authority reported that pension fund assets rose 5.9% to EUR 31.9 billion and employee provision fund assets increased 5.7% to EUR 25.2 billion in the second quarter. A proposal before the National Council would expand pension fund access from 2028 and create a more dynamic investment option without the existing capital guarantee or early termination payouts.
The Central Bank of Iceland kept the countercyclical capital buffer at 2.5%, finding that strong banks and low private-sector indebtedness support financial stability. A cooling economy and housing market could increase pressure on construction companies, while AI-enabled cyberattacks require stronger defenses and coordinated incident preparedness. Offline payment card functionality has now been implemented to strengthen payment resilience.
The Central Bank of Iceland kept the countercyclical capital buffer at 2.5%, with banks remaining highly resilient and profitable. Rising construction exposures and nonperforming loans are increasing systemic risk, though distress is not widespread. Geopolitical uncertainty and AI-enabled cyber threats also require stronger financial infrastructure and fallback arrangements.
Financial Conduct Authority Chief Executive Nikhil Rathi called for wholesale tokenisation to move from pilots to adoption at scale. An upcoming joint roadmap with the Bank of England will set out the transition to established market infrastructure, while the FCA intends to consult on safeguards for relevant tokenised investment assets. Industry feedback highlighted opportunities in post-trade processes and obstacles involving settlement, interoperability and regulatory accountability.
The Tanzania Insurance Regulatory Authority participated in a World Maritime Day 2026 workshop in Tanga. It promoted the role of insurance in protecting property, businesses and other activities against maritime transport risks.
Tanzania Insurance Regulatory Authority Commissioner of Insurance Dr. Baghayo Saqware is expected to attend the 2026 insurance brokers AGM in Zanzibar to discuss sector issues and growth strategies.
The Central Bank of Estonia Supervisory Board appointed Kristina Kips as an internal auditor and reviewed updates on internal operations, the euro area economy and the latest economic forecast.
The Danish Financial Supervisory Authority found that insurers and pension companies are advancing their DORA implementation but still have weaknesses in governance, risk management documentation, skills, operational testing and incident learning. Companies with deficiencies must submit remediation plans, while targeted inspections and inadequate progress may result in supervisory action.
The Ministry of Finance reported that Capital Market Commission Chair Elmer Serrão called for more private issuers to drive capital market growth beyond Angola’s privatization program. Companies will need viable projects, organized accounts and credible governance to attract investors and use the market as an alternative to bank financing.
The OECD projects global growth of 2.9% in 2026 and 3.0% in 2027, with energy disruptions lifting inflation while AI-related activity supports demand. It expects G20 inflation to ease from 4.1% in 2026 to 3.6% in 2027. Central banks should keep expectations anchored, while governments should target energy support and address fiscal and financial stability risks.
Oman's Ministry of Finance and partner authorities held a London roadshow on the country’s green finance readiness and sustainable finance framework. The delegation presented Oman’s economic position, net zero strategy and opportunities to finance green and sustainable projects, seeking to broaden the investor base and attract foreign investment.
Uganda Finance Minister Henry Musasizi urged banks to reduce lending rates from their current 18% to 20% range and direct more long-term credit to priority productive sectors. He invited banks to sign an ATMS Financing Compact containing measurable commitments on credit growth, pricing, sector lending and financial inclusion. Private sector credit is expected to rise from UGX 28 trillion to UGX 490 trillion by 2040 to support Uganda’s tenfold growth agenda.
The Bank of Uganda has approved seven commercial banks as Primary Dealer Market Makers from Oct. 1, 2026, to Sept. 30, 2029, following a competitive selection process.
The European Parliament’s Committee on Economic and Monetary Affairs will discuss the ECB’s monetary policy with President Christine Lagarde on Sept. 28. The dialogue follows the ECB’s second 25 basis point rate increase of 2026 and will examine how artificial intelligence could affect inflation and monetary policy transmission.
The Bank of Guatemala Monetary Board unanimously held its policy rate at 3.50% as it assessed inflation risks as contained. Inflation rose to 3.37% in August, driven mainly by fuel prices, while forecasts remain within target for 2026 and 2027.
The Bank of Guatemala’s Monetary Board unanimously maintained the policy interest rate at 3.50%. Annual inflation was 1.65% in August, below the central bank’s target range, while GDP growth is projected at 3.3% in 2026.
The OECD has issued nonbinding guidance calling for consistent transparency standards across retail cross-border payment and remittance providers, instruments and channels. Providers should disclose total costs, foreign exchange charges, delivery times, tracking information and service terms before execution. A review of 41 jurisdictions found widespread cost disclosure rules but substantial gaps in payment tracking and consistent market coverage.
The Basel Committee on Banking Supervision found that capital and leverage ratios for large internationally active banks remained broadly stable at the end of 2025. Full implementation of final Basel III would raise their Tier 1 minimum required capital by an average of 2.2%, with an aggregate capital shortfall of EUR 1.4 billion. All sampled banks exceeded the 100% Liquidity Coverage Ratio and Net Stable Funding Ratio minimums.
The Financial Action Task Force found that Türkiye has strengthened financial intelligence and international cooperation but still has material effectiveness gaps in supervision, beneficial ownership, complex money laundering cases and asset recovery. Türkiye is compliant or largely compliant with 38 of 40 FATF Recommendations, yet eight of 11 effectiveness outcomes are rated moderate. It has entered enhanced follow-up with a three-year improvement roadmap.
The European Supervisory Authorities identified non-EU dependencies, cyber and emerging technology threats, and private credit as key vulnerabilities, while assessing the EU financial system as resilient overall. They called for stronger crisis preparedness, monitoring and stress testing of external and private credit exposures, and early action on risks from artificial intelligence and quantum computing.
The Luxembourg Insurance Commission has published the country’s first assessment of targeted financial sanctions risks related to proliferation and terrorist financing. Luxembourg’s cross-border financial activity creates indirect exposure despite limited direct links to sanctioned countries and actors. Foreign trusts, domestic fiduciary arrangements and certain nonprofit organisations retain very high residual risk, while most regulated financial sectors are rated low after mitigation.
The Central Bank of the Republic of San Marino will hold the final session of a public auction for movable property and other goods on Sept. 29, 2026, offering unsold items at a 60% discount. Sealed bids are due by noon that day, with deposits of 30% for registered movable property and 10% for other items valued above EUR 3,000.
The Banking Commission of Central Africa issued an international selection notice for an SCX time distribution system.
The Central Bank of Taiwan reported that annual M1B and M2 growth slowed to 6.65% and 6.79%, respectively, in August 2026. Annual growth in monetary financial institutions’ outstanding loans and investments accelerated to 9.43%, driven mainly by increased bank claims on the private sector and government enterprises.
The Central Bank of the Republic of Azerbaijan held its policy rate at 6.5% and the corridor’s upper bound at 7.5%, while cutting the lower bound to 5% from Sept. 24. The wider corridor is designed to stimulate interbank trading amid a structural liquidity surplus of AZN 6.3 billion, while annual inflation remained within target at 5.7%.
Korea Premium Weeks 2026 will run from Sept. 28 to Oct. 16, with a core week from Sept. 28 to Oct. 2.
The South Korea Financial Services Commission revoked Shilla Asset Management’s collective investment authorizations and Zenith Investment Advisory’s advisory and discretionary management registrations after inspections found capital, accounting and disclosure violations. The firms received combined fines and penalties of KRW 2.794 billion, alongside dismissal related sanctions concerning current or former executives.
The Rwanda Capital Markets Authority has proposed a one-year pilot framework for designated market makers in government securities, initially covering three-year, 10-year and 15-year on-the-run Treasury bonds. Eligible firms would provide continuous firm two-way quotes, participate in primary auctions and meet capital, reporting, governance and conduct requirements. The National Bank of Rwanda would designate and evaluate market makers, with the Capital Markets Authority and Rwanda Stock Exchange responsible for regulatory and trading oversight.
South Korea's Financial Services Commission has finalized a K-IFRS amendment requiring companies to disclose officially assessed values for land accounted for under the cost model. The requirement applies from annual financial statements ending Dec. 31, 2026, with retrospective comparative information. Officially assessed values are not fair values and may differ from them.
South Korea's Financial Services Commission authorized Meritz Securities to conduct short-term financing and issue promissory notes, bringing the number of licensed comprehensive financial investment business operators to nine.
The Luxembourg Insurance Commission has published the country’s first assessment of targeted financial sanctions risks related to proliferation and terrorist financing. Cross-border financial activity creates indirect exposure despite limited direct links to sanctioned countries and actors. Legal arrangements and internationally active nonprofit organisations retain the highest residual risks, while most regulated financial sectors are rated low after mitigation.
South Korea's Financial Services Commission filed a criminal complaint in one suspected virtual asset manipulation case and referred three others to investigators. The cases involve automated API trading used to create artificial activity and raise prices, as well as wash trades that accounted for more than 90% of one asset’s volume. The commission warned investors to scrutinize unexplained price and volume surges and verify information in white papers and disclosures.
The National Bank of Georgia presented its payments modernization agenda at Global Fintech Fest 2026, emphasizing ISO 20022, instant payments and future international interoperability. Meetings with Indian payments authorities and firms explored cooperation on instant and cross-border payments, infrastructure and innovative services.
The National Bank of Georgia and the Central Bank of Bosnia and Herzegovina agreed to sign a cooperation memorandum. Their collaboration will focus on payment system development and the exchange of knowledge and practical experience.
The National Bank of Georgia and the Central Bank of Hungary signed a memorandum of understanding to expand cooperation and exchange best practices. It covers monetary policy, reserve management, payment systems, financial services, and financial regulation and supervision.
The National Bank of Romania reported that broad money M3 rose 8.3% year over year to RON 813.337 billion at the end of August 2026. Non-government credit increased 8.2% to RON 476.692 billion, while resident non-government deposits grew 8.8% to RON 688.280 billion.
The Polish Financial Supervision Commission is hosting an international conference in Warsaw to discuss financial stability, regional cooperation, cyber risk and operational resilience. The event brings together European supervisors, policymakers and industry experts and marks the authority’s 20th anniversary.
The Central Bank of Russia kept its key rate at 14.00% after underlying price growth accelerated to 5–6% in annualized terms in June and July. It forecasts annual inflation of 6.0–7.0% in 2026 and a return to the 4.0% target in 2027.
The Oman Financial Services Authority has detailed new securities rules covering investor asset segregation, regulated investment banking, 11 fund categories and stronger risk-based supervision. The framework separates most securities activities from commercial banking and tightens market conduct, governance and reporting requirements. Most affected entities must regularize their status by January 27, 2027, while banking institutions have up to three years.
The Central Bank of Azerbaijan held the refinancing rate at 6.5% and the interest-rate corridor ceiling at 7.5%, while cutting the floor by 50 basis points to 5% from 24 September 2026. Annual inflation eased to 5.7% in August, within the 4±2% target range, while excess banking-sector liquidity supported the move to encourage interbank activity.
The Czech National Bank’s analyst survey left the one-year inflation forecast at 2.6% but raised the three-year outlook to 2.2%. Most respondents expect the two-week repo rate to remain at 3.75% in one year, despite growing inflation risks. GDP forecasts were unchanged, while the 2026 wage growth estimate fell to 6.6%.
The Central Bank of Kenya has approved the transfer of all assets and liabilities of Access Bank Kenya to National Bank of Kenya. The transfer will take effect upon completion of the transaction under the parties’ agreement.
The National Securities and Stock Market Commission of Ukraine is recruiting authorized officers for case review, investigations and case support. Applications are open through the end of Sept. 23.
The Capital Markets Board of Türkiye confirmed that 455,758 unique investors hold units in 131 funds ordered into liquidation. The funds are managed by seven portfolio management companies, and the figure is based on official depository records.
The Philippines and the United Kingdom have signed a government to government partnership providing access to up to GBP 5 billion in UK Export Finance support. The countries will pursue viable projects in areas including energy, transport, water, aviation and social infrastructure, with additional cooperation through the Luzon Economic Corridor.
The Hong Kong Securities and Futures Commission has launched a multiyear action plan covering renminbi markets, cross-border connectivity, market infrastructure, digital assets and financial security. Near-term measures include a renminbi counter for southbound Stock Connect, work on REIT Connect, T+1 settlement and new digital asset licensing regimes. Longer-term plans would broaden renminbi products, tokenized investments and technology-enabled supervision.
Hong Kong Monetary Authority Chief Executive Eddie Yue outlined priorities to expand bond issuance and participation, deepen offshore renminbi liquidity and modernize market infrastructure. The agenda is intended to support digital and cross-border fixed-income activity and strengthen Hong Kong’s bond market.
The Hong Kong Monetary Authority alerted the public to fraudulent banking websites, phishing messages and other scams. Banks will not send links for transactions or request passwords or one time passwords by phone, email or SMS.
The Austrian National Bank will open an Innsbruck exhibition on Sept. 24, 2026, tracing more than two millennia of monetary history. Its 15 sections cover major changes in money and finance, including Tyrol’s historical role in European coin production.
The Norwegian Financial Supervisory Authority has updated its Harmonised Transparency Template reporting guidance for covered bond entities, including reporting scope, completion requirements, deadlines and the required Altinn submission form.
The Financial Supervisory Authority of Norway found shortcomings in DNB’s mortgage underwriting, risk controls and treatment of customers. It assessed that the bank’s interest rate stress testing does not meet regulatory and statutory requirements and called for improvements to debt calculations, automated lending controls, complaints and arrears management. DNB must report its remediation status as of March 31, 2027.
The Financial Supervisory Authority of Norway found that Sparebanken Norge’s governance arrangements are suited to its business, but its new risk management framework was only partly implemented. It called for broader risk coverage, stronger scenario analysis and stress testing, more independent risk reporting and an expanded internal audit function. The bank is implementing corrective measures.
The National Bank of Denmark assesses monetary policy and financial conditions as broadly neutral after raising rates by 25 basis points in both June and September. It kept the euro-area rate spread at minus 40 basis points and intervened by DKK 6.3 billion as the krone weakened. Further expected rate increases could move policy into restrictive territory.
The National Bank of Denmark raised its 2026 GDP growth forecast by 2.2 percentage points to 4.0%, driven by exceptional pharmaceutical production abroad and broader economic growth. It expects inflation to rise over the winter with risks tilted upward. The bank urged the government not to add demand beyond existing 2027 plans and to preserve fiscal space.
The Danish Financial Supervisory Authority has set a technology agenda through 2030 covering AI, quantum technology, tokenization and financial innovation. It will assess emerging risks, clarify existing requirements and consider expanding its FT Lab regulatory sandbox, with the aim of supporting innovation without adding unnecessary rules or weakening financial stability and customer protections.
The National Bank of Denmark forecasts GDP growth of 4.0 percent in 2026, largely because of increased pharmaceutical production abroad, before growth slows to 2.3 percent in 2027 and 2.0 percent in 2028. With limited spare capacity and inflation expected to rise over the winter, it recommends no further demand stimulus in the October Finance Bill and caution in using future fiscal scope.
Bank Indonesia held the BI-Rate at 5.75%, with the Deposit Facility and Lending Facility rates at 4.75% and 6.50%, respectively, to stabilize the rupiah, maintain inflation within the 2.5±1% target and support growth. It will continue foreign-exchange intervention and optimize monetary instruments to preserve exchange-rate stability amid heightened global uncertainty.
The Bank of the Lao received an IMF mission conducting Lao PDR’s 2026 macroeconomic assessment. The mission will hold technical discussions with the central bank, government ministries and public and private sector participants from Sept. 23 to 30.
Dubai Financial Services Authority Chief Executive Mark Steward has been appointed vice chair of IOSCO’s Growth and Emerging Markets Committee and joins the IOSCO Board. The committee helps set regulatory priorities and international securities standards for emerging and growth markets.
The Australian Competition and Consumer Commission has blocked IAG’s proposed acquisition of RAC Insurance, finding it would likely substantially lessen competition in Western Australia’s motor vehicle and home and contents insurance markets. The deal would give IAG estimated market shares of 55% to 65% and 50% to 60%, respectively, while other insurers would be unlikely to provide sufficient competitive constraint.
The Monetary Authority of Singapore and Ministry of Trade and Industry issued their August 2026 update on consumer price developments.
The National Bank of the Kyrgyz Republic revoked Bashat KG LLC’s cash foreign currency exchange license from Sept. 23, 2026, for legal and regulatory breaches.
Kazakhstan’s financial market regulator plans to develop Islamic insurance windows that would let existing insurers offer takaful products without creating separate companies. The operations would require segregated accounts, Sharia compliant investment and governance, and regulatory oversight. Products could be introduced progressively, beginning with core family and general takaful coverage.
The People’s Bank of China allotted RMB 60 billion of six-month bills through the Hong Kong Monetary Authority at an average accepted coupon rate of 1.30%, against RMB 127.035 billion in applications.
The Reserve Bank of Australia found that ASX’s clearing and settlement facilities still partly observed standards covering governance, comprehensive risk management, credit risk and operational risk. It upgraded ASX Clear and ASX Settlement from not observed to partly observed for operational risk after specific CHESS improvements, but said this did not indicate broader progress in ASX’s operational risk management.
The Reserve Bank of Australia published the Payments System Board’s 2026 annual report, addressing payments regulation and policy as well as clearing and settlement developments.
The Kazakhstan Ministry of Finance has proposed allowing Digital Silk Road Company to provide guarantees and property collateral for customs obligations. The measure is intended to improve customs security mechanisms and reduce costs for transit operators.
The South Korea Financial Services Commission pledged financial support for physical AI hubs in North Jeolla, North Gyeongsang and South Gyeongsang provinces. Local governments, policy finance institutions and regional banks signed a cooperation agreement, while the three policy institutions presented related financing measures.
The South Korea Financial Services Commission unveiled eight measures to expand P2P credit for individuals and sole proprietors with low and medium credit scores. The plan raises investment limits for qualifying platforms, financial institutions and general investors, while improving maturity extensions and small-business credit assessment. It also strengthens audits, disclosures, advertising controls and arrangements for closing failed platforms.
The Bank of Korea reported that consumer sentiment rose 2.1 points to 106.6 in September, supported by stronger economic assessments and household expectations. Inflation expectations were unchanged at 2.7% for one year ahead and 2.6% for both three and five years ahead.
The Thailand Office of Insurance Commission trained 134 mediators, executives and staff as it shifts consumer protection toward preventing insurance complaints and disputes at source. Its approach emphasizes stronger insurer service and claims standards, compliance with service level agreements and more effective internal complaint reviews before cases escalate.
The European Financial Reporting Advisory Group has opened its meeting to registered observers, with live and on-demand viewing available and closed sessions possible.
The Central Bank of Aruba maintained the reserve requirement for commercial banks at 12.5%, effective Sept. 1, 2026. Foreign reserves remain adequate, but inflation has risen and global uncertainties could affect reserves and prices.
The Office of the Commissioner of Financial Institutions of Puerto Rico immediately halted Banex International Bank’s operations, revoked its license and appointed a receiver to conduct an orderly liquidation. The regulator found Banex insolvent and unable to meet depositor obligations, citing severe liquidity problems, more than USD 24 million in unverified funds and over USD 18 million in related party receivables. It also proposed USD 534,000 in penalties, subject to administrative proceedings.
The Office of the Commissioner of Financial Institutions of Puerto Rico ordered Banex International Bank to cease operations immediately, revoked its license and appointed a receiver to liquidate it. The regulator found Banex insolvent, citing insufficient capital and liquidity, more than USD 24 million in unverified funds and over USD 18 million in related party receivables. It also proposed fines totaling USD 534,000, subject to administrative proceedings.
Uruguay's Ministry of Economy and Finance has launched SIGA Innovation for MSMEs undertaking product or business process innovation. The program halves the guarantee usage fee and covers up to 70% of loans, with guarantees capped at 1.2 million indexed units and terms of up to 72 months. Applicants need an innovation certificate before seeking credit, while participating financial institutions retain responsibility for loan approval.
The FECI Commission, chaired by the Superintendency of Banks of Panama, updated three interpretive criteria and approved internal rules governing its operations and decision-making. The superintendency will formalize and publish approved criteria for entities subject to the regime and also presented the fund’s financial results as of June 30, 2026.
Federal Reserve Board staff estimate that using customs trade data would raise China’s 2025 current account surplus from 3.8% to 4.4% of GDP. Under the IMF’s assessment framework, the adjusted surplus implies renminbi undervaluation of 24.3%, while recent revisions have left almost the entire discrepancy between customs and balance of payments data on the difficult to verify import side.
U.S. Senate Banking Committee Ranking Member Elizabeth Warren urged President Donald Trump to exclude NVIDIA CEO Jensen Huang from upcoming talks with Chinese President Xi Jinping. She also called on Trump to seek Chinese restrictions on dangerous uses of advanced AI and said Huang will be called before Congress in 2027.
U.S. House Financial Services Committee Chairman French Hill and Senator Tom Cotton have introduced legislation providing small broker-dealers in good standing with relief from certain audit requirements. The bill is intended to reduce compliance costs for affected firms.
The New York State Department of Financial Services helped return Albert Lang’s Music (Arcadian Scene), seized following Nazi persecution, to the heirs of Sofie Heilbronner. Its Holocaust Claims Processing Office identified the painting in the Bavarian State Painting Collections and filed the restitution claim.
The Canadian Bankers Association urged Canada to manage AI transparency through existing banking, privacy and supervisory frameworks rather than standalone rules. Disclosures and incident reporting should be risk based, limited to material harms or potentially misleading uses, and allocated according to each party’s knowledge and control. Prescriptive rules for AI agents would be premature, although banks should be able to verify an agent’s identity, authority and permissions.
The Financial Planning Standards Board will hold the 10th World Financial Planning Day on Oct. 7, 2026, with education and pro bono activities across 11 markets. It will also release global research on how consumers and financial planners use artificial intelligence, including the role of professional judgment and ethical responsibility.
Commodity Futures Trading Commission Chairman Michael S. Selig directed staff to prepare rulebook changes permitting futures commission merchants to conduct cleared repo transactions involving customer funds before the June 2027 Treasury repo clearing deadline. He also called for more integrated oversight of Treasury cash and derivatives markets and continued work on cross-margining and capital treatment. Future policy will address tokenized collateral, stablecoins and product-specific safeguards for any expansion of 24/7 trading.
The U.S. Securities and Exchange Commission censured OTC Link LLC and imposed a USD 575,000 penalty for Regulation SCI policy and remediation failures that persisted from August 2016 through March 2025. The broker-dealer repeatedly failed to resolve deficiencies involving system security, access controls and vulnerability management despite multiple SEC examinations.
The Bank of Israel reported one-year capital-market inflation expectations of 1.3%, while the average 12-month forecast from banks and economic consulting firms was 2.0%. Longer-term market measures ranged from 1.8% to 2.1%, and the data remain under review.
Rwanda Capital Markets Authority Chairperson Marc Holtzman hosted Rwanda’s prime minister and international investors for discussions on the country’s economic outlook and investment opportunities. The capital markets agenda focused on broader investor participation, stronger international links and increased access to long-term capital.
The Securities Commission of The Bahamas reported that financial regulators will hold a joint industry session before the country’s upcoming CFATF on-site assessment. The group also reviewed planned Crypto-Asset Reporting Framework legislation and coordinated work on sanctions reporting, financial literacy, cyber risk and artificial intelligence.
The Bank of Cape Verde published aggregate financial and prudential indicators for the banking system as of June 2026.
The Saudi Arabia Insurance Authority has barred United Cooperative Insurance Company from issuing or renewing policies across all insurance products, expanding earlier restrictions on compulsory and motor coverage. The company remains responsible for existing policies and related claims and must protect policyholders and beneficiaries.
Saudi Arabia's Capital Market Authority approved ANB Capital Company’s public offer of the anb capital Perpetual Sukuk Fund. The approval confirms legal compliance but is not a recommendation to subscribe, and investors should assess the fund’s strategy and risks before investing.
The Malta Financial Services Authority hosted FinTech2030 to examine regulatory and technological developments shaping financial services, including cryptoasset regulation, tokenisation, artificial intelligence, cybersecurity and quantum readiness.
The Central Bank of Nigeria’s Monetary Policy Committee reset the Monetary Policy Rate to 23.00% from 26.5% in September 2026, citing moderating inflation, resilient growth and improved policy transmission. It said the operational realignment did not change the monetary policy stance, recalibrated the standing facilities corridor to +50/-300 basis points and retained cash reserve requirements.
The Argentina Securities Commission has finalized new rules for primary securities placements, strengthening transparency, conflict controls, investor identification and standardized reporting. The regime covers domestic placements and local tranches of international offerings, while excluding international placing agents that do not operate in Argentina.
The Ontario Securities Commission has warned that five firms are not registered to deal or advise in securities in Ontario. Investors should check the registration of anyone offering investments or investment advice.
The Financial Industry Regulatory Authority ordered American Portfolios to pay USD 1.23 million plus interest to 295 investors and fined the firm USD 400,000. Its inadequate supervision failed to detect repeated recommendations to sell unit investment trusts before maturity and buy new UITs, resulting in unnecessary sales charges and fees.
The National Bank of Ukraine urged central banks to prepare for existential or system-altering shocks by assessing their potential scale, thresholds and systemic effects. It emphasized flexible tools anchored in clear objectives, independence and accountability, including human responsibility for decisions informed by artificial intelligence.