Central Bank of Bahrain maintains overnight deposit rate at 4.25%
The Central Bank of Bahrain kept the overnight deposit rate steady at 4.25% to support monetary and financial stability amid global financial market developments.
The Central Bank of Bahrain kept the overnight deposit rate steady at 4.25% to support monetary and financial stability amid global financial market developments.
Qatar Central Bank's Monetary Policy Committee has decided to maintain the QCB Deposit Rate at 3.85%, the QCB Lending Rate at 4.35%, and the QCB Repo Rate at 4.10% following an assessment of the country's current monetary policy.
The Central Bank of the UAE has maintained the Base Rate for the Overnight Deposit Facility at 3.65%, aligning with the US Federal Reserve's unchanged Interest Rate on Reserve Balances, and kept the short-term liquidity borrowing rate at 50 basis points above the Base Rate.
The Central Bank of Costa Rica will invalidate CRC 5, CRC 10, and CRC 25 coins of the previous design as legal tender from 1 July 2026. These coins can be exchanged or deposited through financial intermediaries. The CRC 5 coin will be fully withdrawn, while new CRC 10 and CRC 25 coins are already in circulation to replace the old designs.
The Central Bank of Nicaragua reported that December 2025 Banking and Financial System indicators showed positive performance, with double-digit growth in credit and public deposits, improved loan quality, and liquidity and solvency levels above regulatory limits. Public deposits increased by 15.2% year-on-year to NIO 275,238.4 million, while the credit portfolio rose by 12.0% to NIO 238,105.3 million, maintaining a performing portfolio at 95.7% of total gross loans and reducing the past-due ratio to 1.1%.
The Federal Reserve Board announced it will maintain the federal funds rate target range at 3.5% to 3.75%, with future adjustments contingent on data and risk assessments. Economic activity is expanding solidly, job gains are low, unemployment is stabilizing, and inflation remains somewhat elevated, with the Committee focused on its dual mandate of maximum employment and 2% inflation.
The European Insurance and Occupational Pensions Authority (EIOPA) released its January 2026 risk dashboard, indicating stable overall risks in the European institutions for occupational retirement provision (IORP) sector despite ongoing geopolitical uncertainties. The report highlights stable macroeconomic conditions with GDP growth and easing inflation but notes potential market corrections due to geopolitical tensions and valuation pressures, particularly from an AI-related asset bubble.
The Central Reserve Bank of Peru has raised the foreign investment limit for pension funds managed by AFPs to 50.5% from 50%, effective 1 February 2026, allowing an additional USD 180 million for international investments. As of 19 January 2026, 47.7% of AFP portfolios were already invested in foreign assets.
The Central Bank of Venezuela announced that its website and official social media accounts are the sole sources of valid digital communication, advising that information from other channels should be considered invalid.
The Luxembourg Commission de Surveillance du Secteur Financier released presentations from a recent online conference for the Specialised PFS sector, addressing anti-money laundering and counter-terrorist financing issues. The event featured contributions from the Luxembourg Ministry of Justice and the Financial Investigations Unit, offering feedback and clarifications on AML/CFT topics.
The U.S. SEC's Division of Trading and Markets Director, Jamie Selway, supports expanding U.S. equity trading to 24-by-7, emphasizing the need to address protocols, infrastructure, and operational issues. He highlighted developments like the approval of 24X's Form 1 application for overnight trading, NYSE Arca's proposal to extend hours, and industry planning for infrastructure support, with updates expected by the end of 2026.
The Commodity Futures Trading Commission appointed Tyler S. Badgley as General Counsel, succeeding Meghan Tente, who will become a Senior Advisor in Chairman Selig’s office. This leadership change aligns with the agency's focus on regulatory frameworks for emerging markets and harmonizing efforts with the Securities and Exchange Commission.
Moldova's National Commission for Financial Markets approved a mandatory withdrawal offer for FAURARUL SA shareholders, updated the securities issuer register for several companies, and maintained enforcement action against CASH&GO SRL. Key actions include endorsing Natalia Spoticalo's withdrawal request for FAURARUL SA shares, registering CARTUS SA's share capital increase, and rejecting CASH&GO's pre-complaint, upholding an MDL 82,500 fine.
The Isle of Man Financial Services Authority released an updated roadmap for implementing Basel III liquidity standards, building on its initial plan from October 2024, and will continue collaborating with the sector for operationalization.
The Isle of Man Financial Services Authority has enacted the Insurance (Restricted Activities) (Amendment) Regulations 2026, effective 31 January 2026, permitting authorised insurers and registered insurance managers to act as Domestic Filing Entities under the Global Minimum Tax (Pillar Two) Order 2024. This follows a targeted consultation with stakeholders, with feedback published in statement FS26-01.
The Guernsey Financial Services Commission has informed firms that the UK Sanctions List is now the sole source for UK sanctions designations, following the closure of the OFSI Consolidated List and its search tool. Firms are expected to adjust their screening systems accordingly and refer to the Commission's guidance for further details.
Ukraine's Securities Commission chair, Oleksiy Semeniuk, met with IMF's Ukraine Representative, Prishyla Tofano, to discuss transforming Ukraine’s financial sector and developing a virtual assets market. The meeting emphasized aligning with international partners on priorities and practical steps, focusing on a regulatory model for the virtual asset market.
The Ukraine National Commission on Securities and Stock Market has scheduled a Commission meeting for 29 January 2026 at 12:00, with the agenda available online.
Bermuda’s National Anti-Money Laundering Committee has issued a consultation on amendments to the Proceeds of Crime (Anti-Money Laundering and Anti-Terrorist Financing) Regulations 2008 to introduce explicit proliferation financing risk assessment and mitigation obligations for regulated entities, aligning with revised FATF Recommendation 1. The draft amendments define proliferation and counter-proliferation financing and embed related requirements into customer due diligence, correspondent banking, group-wide controls, outsourcing, systems and controls, internal reporting, and staff training across all regulated sectors, including digital asset businesses.
The Tanzania Insurance Regulatory Authority's Lake Zone office met with regional insurance managers to strategize on expanding insurance reach and boosting the sector's GDP contribution, focusing on public education, product innovation, and technology use. Discussions included aligning insurance products with local needs and maintaining professional standards, with agreements to continue agent registration and explore new distribution methods.
Uganda’s Ministry of Finance Permanent Secretary Ramathan Ggoobi outlined priorities to deepen the financial sector, including rebuilding capital markets and exploring an SME-focused stock exchange. He projected economic growth at 6.5% to 7% in 2026, with nominal GDP at USD 68.4 billion and inflation averaging 3.5%. The forum noted Uganda's third-place ranking in the 2025 Absa Africa Financial Markets Index and highlighted calls for pension reforms to boost long-term savings.
The Bank of Ghana's Monetary Policy Committee reviewed recent economic developments and risks to inflation and growth during its 128th meeting, noting resilient global growth supported by fiscal stimulus and AI investment, with global inflation moving towards central bank targets. The Committee highlighted easing global financing conditions and a growth recovery in Ghana's domestic economy.
Li Yunze, Director of the State Administration of Financial Supervision and Administration, met with Goldman Sachs CEO Solomon to discuss the international economic and financial situation, developments in China’s financial market, and Goldman Sachs’ business in China.
The Andorran Financial Authority (AFA) updated tariff amounts for fees linked to the 2025 Consumer Price Index (CPI). This adjustment affects a wide range of regulated entities, including banks, investment firms, insurers, pension funds, and digital-asset participants.
The Central Bank of the Dominican Republic left its monetary policy rate unchanged at 5.25% in January 2026, with the 1-day repo rate at 5.75% and the overnight deposit rate at 4.50%, citing higher global uncertainty and recent inflation pressures mainly from food supply shocks. It said annual inflation was 4.95% in December 2025 and remained within the 4.0% ± 1.0% target range, while 2025 growth reached 2.1% and is projected to recover gradually to around 4.0% in 2026.
The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement from Senator Elizabeth Warren asserting that Donald Trump's economic policies are hindering efforts to reduce prices and interest rates, while also accusing him of undermining the job market and attempting to control the Federal Reserve for personal gain.
The World Bank and Croatia's Ministry of Finance signed a EUR 100 million Disaster Preparedness and Resilience Development Policy Loan with a Catastrophe Deferred Drawdown Option (Cat DDO) to support emergency response and recovery after natural disasters. This initiative, Croatia's first Cat DDO, focuses on infrastructure management, sector reforms, and disaster insurance, with a three-year loan duration and access to the World Bank's Rapid Response Option for urgent needs.
The International Monetary Fund (IMF) issued an end-of-mission statement following a visit to Colombo to evaluate Cyclone Ditwah's impact and discuss Sri Lanka's policy response and financing needs under the Extended Fund Facility. The IMF plans a follow-up mission to continue discussions on economic policies for the next EFF review.
The European Payments Council seeks potential providers for a central platform to support its Fraud Information Distribution Arrangement (FRIDA) Scheme, enhancing fraud information exchange for payment service providers in the Single Euro Payments Area. This aligns with the upcoming EU Payment Services Regulation to bolster anti-fraud measures. The EPC is considering a central hub model for FRIDA, possibly using the open-source Malware Information Sharing Platform or other solutions.
The Ontario Securities Commission (OSC) has announced the agenda and opened registration for OSC Dialogue 2026, scheduled for April 21, 2026, in Toronto, featuring keynotes from Rodrigo Buenaventura and Vass Bednar, with sessions on digital assets and international capital formation. Early-bird pricing is available until February 27, 2026.
The European Banking Authority has launched its Pillar 3 data hub, a digital platform providing public access to prudential information from European Economic Area institutions, enhancing the availability and comparability of disclosures. The hub, mandated by the Banking Package (CRR3/CRD6), allows institutions to submit reports for publication, with full data for 2025 expected by June 2026, and includes a visualisation tool for data analysis.
Germany's Federal Financial Supervisory Authority (BaFin) released its "Risks in Focus 2026" report, highlighting financial market fragility and potential for sudden corrections. Key supervisory priorities include intensified monitoring of credit risk and scrutiny of links to non-bank financial intermediaries. BaFin also signals stricter oversight of consumer-credit requirements and enhanced supervision of crypto providers.
The Bank of Canada maintained its overnight rate target at 2.25%, citing an unchanged economic outlook but highlighting vulnerabilities from US trade policies and geopolitical risks. Global growth is projected to average 3%, with US growth exceeding expectations and euro area growth supported by services and fiscal policy.
The Bank of Mozambique’s Monetary Policy Committee reduced the MIMO rate by 25 basis points to 9.25%, anticipating single-digit inflation amid stable metical and commodity prices, while acknowledging risks from flooding and geopolitical tensions. The central bank noted modest medium-term growth excluding liquefied natural gas, with GDP contracting by 1.3% in Q3 2025.
The Central Bank of Barbados released Governor Dr. Kevin Greenidge’s review of Barbados’ 2025 economic performance and 2026 outlook, covering economic growth, debt-to-GDP ratio, inflation, unemployment, international reserves, and government performance for April to December 2025.
Qatar Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al-Thani met with Sudan’s Minister of Finance and Economic Planning and the Governor of the Central Bank of Sudan to discuss and enhance bilateral banking and financial cooperation.
Mexico's National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) released the Q3 2025 User Service Performance Index (IDATU) for insurance and health insurance institutions, showing a sector score of 9.1 out of 10, a slight decline from the previous quarter. The index evaluates complaint handling, response times, and service equality for vulnerable groups. Top performers included Atradius Seguros de Crédito and Seguros Azteca, while Seguros Sura and Seguros Ve Por Más were among the lowest.
South Korea's Ministry of Economy and Finance has launched a Public-Private Joint K-GX Promotion Task Force to draft the K-GX (Green Transformation) Strategy, aligning the 2035 National Greenhouse Gas Reduction Target with economic growth. Due in the first half of 2026, the strategy will include renewable energy expansion, hydrogen and electric vehicle diffusion, and financial and regulatory support, with a dedicated department planned to oversee implementation.
South Korea's Ministry of Economy and Finance, with other ministries, announced 2026 Lunar New Year measures to curb holiday price pressures and support households and small businesses amid expected 2.1% inflation. Key actions include supplying 270,000 tons of staples, KRW 91.0 billion in discounts, tariff-rate quotas on select imports, and KRW 39.3 trillion in new funds for small businesses, alongside measures to prevent overcharging and ensure safety.
The Australian Prudential Regulation Authority (APRA) released an explainer on its role in the annual private health insurance premium round, advising the Department of Health, Disability and Ageing on insurers' premium change applications. APRA evaluates applications for potential adverse prudential outcomes, while ministerial approval is required for changes. The process involves financial analysis and collaboration on application design, with APRA's advice integrated into the Department's briefing to the Minister.
The National Bank of Romania announced that Mugur Tolici will become director of its Issuance, Treasury and Cash Directorate effective 1 February 2026, succeeding Ion Nițu. Tolici, currently director of the Human Resources Directorate, has held various senior roles at the bank since 1994.
Luxembourg's Commissariat aux Assurances issued Circular Letter 26/2, amending Circular Letter 16/9 regarding the deposit of securities and cash as representative assets for the technical provisions of direct insurance undertakings.
The Luxembourg Commissariat aux Assurances issued Circular Letter 26/1 detailing investment rules for life insurance products tied to investment funds.
The Central Bank of Sri Lanka left the Overnight Policy Rate unchanged at 7.75% in its January 2026 monetary policy review, saying the current stance should help steer inflation toward the 5% target amid domestic developments and global uncertainty. Colombo Consumer Price Index inflation was 2.1% in December 2025 and is expected to rise gradually toward 5% in the second half of 2026, while the bank said economic activity remained resilient despite a late-2025 cyclone-related slowdown.
The Guernsey Financial Services Commission updated BANK SADERAT IRAN's details to align with the UK Sanctions List, maintaining its designation under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 with an asset freeze in Guernsey. Businesses must verify and report connections with designated entities, ensuring compliance with the Sanctions (Bailiwick of Guernsey) Law, 2018, and refrain from providing funds or resources unless permitted by a licence.
The Guernsey Financial Services Commission has updated the identifying details for Houmam JAZAI’IRI under the UK’s Syria (Sanctions) Regulations 2019, maintaining an asset freeze. Businesses must verify and freeze any related accounts or assets, report findings to the States of Guernsey Policy & Resources Committee, and comply with reporting obligations under the Sanctions (Bailiwick of Guernsey) Law, 2018.
The Guernsey Financial Services Commission amended the sanctions notice for LLC RUSNEFTEGAZ GROUP to align with the UK Sanctions List, maintaining asset freeze and trust services sanctions under the Russia (Sanctions) (EU Exit) Regulations 2019. Businesses must freeze any assets related to the entity, report findings to the States of Guernsey Policy & Resources Committee, and notify the Commission, adhering to statutory reporting requirements.
The Guernsey Financial Services Commission amended the UK designation for Su Gwang KIM under the Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019 to align with the UK Sanctions List, maintaining an asset freeze. Businesses must verify and freeze accounts or assets related to designated persons, report to the States of Guernsey Policy & Resources Committee, and comply with section 14 reporting obligations under the Sanctions Law, ensuring no funds or resources are available to designated individuals without a permitted derogation or licence.
The National Bank of Georgia and the Bank of Korea, along with the Korea Financial Telecommunications & Clearings Institute, concluded a project on developing Georgia's cashless payment system, offering recommendations to enhance its regulatory framework and payment infrastructure. This collaboration marks Georgia as the first European nation to partner with the Bank of Korea in the Middle Corridor initiative.
Monaco's Ministry of Finance and Economy recapped its 2026 Davos engagement, highlighting a three-part programme focused on investor dialogue, bilateral cooperation, and the "Monaco Day" event, which attracted nearly 500 participants. Key meetings included discussions with Bahrain's finance and industry ministers on sustainable finance and international trade.
Germany's Federal Financial Supervisory Authority's Risks in Focus 2026 report warns that stretched valuations and geopolitical, debt and AI-related uncertainties have raised the risk of abrupt market corrections and a broader test of financial stability. Its main concerns are rising credit risk and non-performing loans, contagion through private-debt funds, and consumer risks including over-indebtedness from buy now pay later products and speculative retail crypto activity. The report adds consumer top risks for the first time and points to tighter monitoring of consumer credit and crypto providers in 2026.
The UN Principles for Responsible Investment reorganized the Net Zero Financial Service Providers Alliance, allowing stock exchanges, research and data providers, index providers, and auditors to operate independently. Research & Data and Index provider members will join existing PRI climate workstreams to enhance climate-related information. The Exchange group will continue under the UN Sustainable Stock Exchange initiative as the Net Zero Exchange Group – SSE Climate Leaders.
Ethiopia's Finance Minister Ahmed Shide met U.S. Deputy Secretary of State Christopher Landau to discuss Ethiopia’s macroeconomic reform, investment opportunities, and bilateral cooperation, including U.S. support for health and development projects. The meeting highlighted Ethiopia's improving economic outlook and encouraged U.S. participation in the New International Airport Project, with the U.S. expressing interest in expanding business engagement and investment.
Germany’s Federal Financial Supervisory Authority (BaFin) released its 2026 “Risks in Focus” report, highlighting fragile financial markets and potential for sudden corrections. Key priorities include intensified monitoring of credit risk and links between regulated firms and non-bank intermediaries. BaFin also plans stricter oversight of consumer credit and crypto providers, addressing rising over-indebtedness and social media-driven retail investment.
The Brazilian Pension Funds Authority (PREVIC) signed a technical cooperation agreement with the Ministry of Planning and Budget to access the Veredas platform's source code. Developed by the Ministry's Subsecretariat for Administration and Strategic Management, Veredas aids in strategic management through real-time data consolidation and supports various institutional plans. This initiative aims to standardize strategic management practices across federal bodies and allows for customization and system improvements.
The National Bank of Ukraine reduced its key policy rate by 50 basis points to 15%, effective 30 January 2026, to address easing inflationary pressures and declining external financing risks. The move aims to achieve a 5% inflation target by mid-2028 while maintaining economic support and policy flexibility.
Nepal Rastra Bank Governor Prof. Dr. Bishwanath Paudel and People’s Bank of China Governor Fan Yifei discussed cross-border payments, investment, and financial cooperation, including QR-code payment facilitation, at the Bank for International Settlements’ Asia-Pacific High-level Meeting in Tianjin. Governor Fan expressed PBOC's readiness to modernize bilateral transactions, while Governor Paudel highlighted the importance of continued coordination between the central banks.
The European Banking Authority released an updated list of risk assessment indicators and a revised methodological guide, clarifying indicator calculations without adding new reporting requirements. The update aligns with EBA reporting framework version 4.1 and includes new risk indicators related to the Markets in Crypto-Assets Regulation and investment firms.
Cuba's Official Gazette published Decree-Law 115/2025, designating the Central Bank of Cuba as the authority for promoting financial inclusion and education, and protecting financial services customers' rights. The law mandates coordination between the BCC and other bodies to enhance citizens' economic culture and resource efficiency.
The Albania Financial Services Authority met with the Albanian Parliament’s Committee on Economy, Employment and Finance to discuss non-bank financial market developments and EU legislation alignment. Executive Director Adela Xhemali highlighted 2026 priorities, including digitalisation, consumer protection, and EU accession negotiations. Discussions also covered risk factors under new regulations and the claims history factor in insurance contracts.
The Tanzania Capital Market and Securities Authority, with the Dar es Salaam Stock Exchange and iTrust Finance Limited, launched the iTrust EAC Large Cap Exchange Traded Fund (IEACLC-ETF), the first regional ETF in East Africa. Managed by iTrust Finance Limited, it offers diversified access to large-cap equities across East African Community stock exchanges. The initial public offer achieved a 540% success rate, mainly driven by retail investor participation.
The Bank of Thailand's Board has approved senior management rotations and a promotion as part of an organizational restructuring, effective 1 February 2026. Key changes include Vireka Suntapuntu, Somruedee Rungsiyaphornratana, Daranee Saeju, and Sakkapop Panyanukul rotating to new Assistant Governor roles, with Don Nakornthab promoted to Assistant Governor, Monetary Policy Group.
The Brazil Securities Commission's Superintendence of Supervision of Institutional Investors issued guidance on a new process for obtaining a Cadastro de Pessoas Físicas (CPF) for non-resident investors exempt from registration under CVM Resolution 13. From 23 February 2026, the CVM will discontinue its current method for generating the fictitious CVM code, with B3 providing a new functionality. The CPF will be mandatory for onboarding non-resident individuals, serving as the key identifier for obtaining the CVM code via B3.
The UNEP FI's 2026 nature finance outlook highlights a USD 700 billion annual need for nature protection and restoration. Key events include COP17 in Yerevan, Armenia, focusing on the Kunming–Montreal Global Biodiversity Framework, and initiatives like the Tropical Forests Forever Facility and One Ocean Finance Facility. UNEP FI plans to support banks with a Nature Journey roadmap and capacity-building aligned with the Taskforce on Nature-related Financial Disclosures.
The International Swaps and Derivatives Association outlined its 2026 priorities, focusing on modernizing derivatives markets with technologies like tokenization and artificial intelligence.
Lithuania's Ministry of Finance has gained government approval for legislative proposals to enhance funding access for companies by embedding the European Single Access Point in national law, raising the prospectus threshold to EUR 12 million, and simplifying listing rules to increase transparency and reduce administrative burdens.
The National Bank of Ukraine's quarterly Bank Funding Survey shows continued growth in bank funding volumes in Q4 2025, with rising average funding costs due to higher client deposit costs, though a decline in overall funding costs is expected. Conducted among 26 banks covering 96% of system assets, the survey highlights expectations of stable client deposits, increased wholesale funding, declining foreign currency funding, and extended funding maturity, with profitability driving higher capital levels despite regulatory and macroeconomic constraints.
The Central Bank of Russia has released the agenda for the Cybersecurity in Finance Forum, focusing on combating cyberfraud and enhancing digital and payment technology security, with over 30 sessions planned in Yekaterinburg from 18–20 February 2026. Key topics include antifraud innovations, deepfake and money mule countermeasures, digital ruble security, and international coordination.
The Central Bank of Iceland's survey reveals a modest rise in inflation expectations and a slightly higher expected policy rate path for 2026, with inflation projected at 3.7% after one year and 3.1% after two years. The key interest rate is expected to remain at 7.25% in Q1 2026, then decrease to 6.5% by year-end, while views on the monetary stance have shifted, with fewer respondents considering it too tight.
The Central Bank of Estonia reported a 10% year-on-year decline in household deposits within active savings and loan associations, as part of its latest statistical release. This data, distinct from economic policy communications, is published monthly, with the next quarterly release set for 28 April 2026.
The Central Bank of the Republic of Uzbekistan maintained its policy rate at 14% to support a sustained decline in inflation, noting stronger-than-expected economic activity in 2025 and risks from elevated services inflation. Headline inflation fell to 7.3% year-on-year in December 2025, with core inflation at 5.7%, and the Bank may consider a rate cut if inflation continues to decline.
The Monetary Authority of Singapore seeks Parliament's approval for grants totaling SDR 25.48 million (USD 34.7 million) to two IMF trusts. Additionally, Singapore will channel SDR 746 million (USD 1,014.6 million) from the 2021 IMF general SDR allocation as a contingent loan commitment to the IMF’s Resilience and Sustainability Trust, which does not require parliamentary approval.
The Hong Kong Monetary Authority reported a record investment income of HKD 331.0 billion for 2025, with an 8.0% investment return, increasing total assets to HKD 4,151.4 billion. Gains were driven by bonds, equities, and currency translation, with the Investment Portfolio returning 12.4% and the Backing Portfolio 5.2%, while the Long-Term Growth Portfolio achieved an 11.2% annualised return since 2009.
The Bank of Portugal has warned that António Manuel de Almeida Rodrigues and Pronto a Crescer – Compra e Venda de Imóveis, Unipessoal, Lda. are not authorised to conduct lending or any financial activities under its supervision. Lending activities are restricted to entities authorised under the Legal Framework of Credit Institutions and Financial Companies.
The Central Bank of Chile has initiated a second public consultation on draft regulations to permit open-loop payment cards for fares in the Mass Public Transport System under an offline model. The proposal includes provisions for insufficient balance coverage by card issuers or the STPM and mandates daily settlement cycles with continuous validation. Issuers and operators in Ministry of Transport pilots must align offline operations with the final regulation once issued.
The State Bank of Vietnam's Party Committee participated in the National Central Rapporteurs Conference to align propaganda efforts and disseminate the 14th National Congress resolution across the bank system, emphasizing accurate communication and monitoring of public opinion. The conference, chaired by Deputy Head Pham Tat Thang, also addressed ideological developments and outlined foreign affairs directions for 2026.
The Egypt Financial Regulatory Authority has introduced a framework under Decision No. 278 of 2025 for companies collecting receivables for non-banking financial activities. The framework mandates registration with the Authority, sets capital and equity requirements, and imposes operational and reporting obligations. Non-compliance can lead to penalties, including suspension or removal from the register.
The People's Bank of China reviewed 2025 performance and outlined 2026 priorities at its Currency, Gold and Silver and Security Work Conference, focusing on RMB issuance, cash supply optimization, and enhanced governance and risk management.
The Bank of Korea published an issue note arguing that delayed labor market entry and high housing costs are structural pressures on South Korea's youth and on longer-term growth. Its analysis found that extending non-employment from one year to three years cuts the probability of regular employment after five years to 56.2% from 66.1%, while a 1% rise in housing costs reduces total assets by 0.04%. The note points to labor market rigidities and a shortage of small housing supply, and suggests more work experience support and housing assistance in the short term.
The Central Bank of the UAE has launched the region's first biometric payment solution using facial and palm recognition, developed through its Sandbox Programme and Innovation Hub in collaboration with Network International. This initiative supports the UAE Digital Economy Strategy by enabling secure, cardless payments and is being demonstrated at the Dubai Land Department.
The Bank of Japan's December 2025 Monetary Policy Meeting minutes show a unanimous decision to tighten policy by raising the short-term policy rate by 0.25 percentage points, adjusting the uncollateralized overnight call rate to around 0.75 percent, and increasing the basic loan rate to 1.0 percent. The Board noted a moderately recovering domestic economy with CPI inflation around 3 percent, driven by food prices, and anticipated continued wage increases, while projecting CPI inflation to decelerate below 2 percent in early fiscal 2026 before aligning with the 2 percent target.
The Norwegian Financial Supervisory Authority mandates accounting firms to designate a quality management responsible person via Altinn form KRT-3006. This aligns with the Accounting Services Act, requiring a state-authorised accountant for quality management. Initial reports are due by 20 February 2026 for firms registered by 28 January 2026, with subsequent firms reporting within three weeks of registration.
The South Korea Financial Supervisory Service reported that the won-denominated loan delinquency rate for domestic banks rose to 0.60% in November 2025, up 0.02 percentage points from October. Business-loan delinquency was 0.73%, with household-loan delinquency at 0.44%.
The South Korea Financial Services Commission approved revisions to corporate disclosure rules, expanding mandatory English disclosures for KOSPI-listed companies with assets of KRW 2 trillion or more and introducing new transparency requirements for annual general meeting voting outcomes and executive compensation reporting. Effective from March and May 2026, these changes aim to enhance disclosure scope, tighten submission timelines, and improve transparency in corporate governance.
Dr. Kabir Ahmed Sidhu has assumed the role of Chairman of the Securities and Exchange Commission of Pakistan, with a reform agenda focused on strengthening capital markets, enhancing business ease, and deepening financial inclusion. Key priorities include simplifying regulations, broadening the investor base, supporting new financial products, and advancing digital transformation through the LEAP project.
Madagascar's Banking and Financial Supervision Commission signed a memorandum of understanding with Morocco's Insurance and Social Welfare Supervisory Authority on insurance and reinsurance supervision. The agreement creates a formal cooperation framework covering institutional dialogue, expertise sharing and convergence in supervisory practices.
Argentina's Superintendency of Insurance outlined 2026 milestones for its new Information Reporting Regime, confirming progress and transition dates for insurers and regulated entities. Testing begins on 30 March 2026, with production access from 1 October 2026, and mandatory submission of financial statements through the new regime from 15 October 2026. Entities are advised to continue internal preparations to meet these timelines.
The Guyana Ministry of Finance published Budget Estimates 2026 Volume 2, detailing 2026 central government revenues, expenditure and agency-level programme targets. The estimates show G$1.56 trillion of total expenditure and G$1.40 trillion in total receipts, including G$495.0 billion from the Natural Resource Fund. Infrastructure and social services receive the largest sector allocations.
The Guyana Ministry of Finance published Volume 3 of the 2026 Budget Estimates, detailing a GYD 779.6 billion capital programme for central government and regional projects. Construction and housing account for the largest shares, with major allocations for housing infrastructure, electricity expansion, low-carbon development, roads, bridges and health projects. Specific-source financing totals GYD 167.8 billion and is mainly loan-funded.
The IMF Executive Board concluded its Article IV consultation with Kazakhstan, highlighting economic overheating due to rapid growth, high inflation, and a widening current account deficit. The IMF recommended a tighter macroeconomic policy mix, including maintaining a tight monetary stance, fiscal consolidation, and addressing rapid consumer credit growth, while emphasizing the need for financial-sector and structural reforms.
The IMF's Executive Board completed reviews of Mauritania's credit and sustainability arrangements, approving an immediate disbursement of SDR 65.88 million (USD 91 million). Mauritania met all quantitative targets and most structural benchmarks, with policy priorities including fiscal anchoring, exchange rate flexibility, central bank modernization, prudential regulation enforcement, anti-corruption measures, and climate reforms.
Bank Indonesia's Indonesia Economic Report 2025 outlines its policy mix for 2026, projecting economic growth of 4.9–5.7% and inflation within 2.5±1%. The report emphasizes five priority areas, including economic stability, real sector support, and digitalization, aligning with statutory transparency obligations.
The Australian Prudential Regulation Authority (APRA) released an overview of its advisory role in the annual private health insurance premium round, emphasizing that premium changes require approval from the Minister for Health, Disability and Ageing. APRA evaluates insurers' proposals for potential adverse prudential outcomes, advising the Department of Health, Disability and Ageing, which then informs the Minister's decision.
The Australian Financial Complaints Authority (AFCA) has released a comprehensive Superannuation Complaints Guide, consolidating updates since its 2018 inception, without altering its management of superannuation complaints. The guide aligns with AFCA’s Operational Guidelines and incorporates legislative changes, judicial decisions, and updates to AFCA’s Rules and processes.
AUSTRAC reported that Fintel Alliance analysts, supported by AUSTRAC’s Child Sexual Exploitation Response Team, conducted three "days of action" identifying 10 individuals suspected of purchasing explicit material produced by Australian minors, with details referred to law enforcement. The exercise, involving data from seven Fintel Alliance member banks and one non-member bank, was the third of its kind and the first to apply a new typology, with insights informing future collaborative projects.
The Central Bank of Brazil's Monetary Policy Committee maintained the Selic rate at 15.00% per annum, aligning with its strategy to guide inflation back to target, and signaled potential easing at the next meeting if conditions align. Despite easing inflation, risks remain elevated with expectations above target, influenced by external uncertainties and domestic economic moderation.
Bolivia's Ministry of Finance reported on its participation in "Bolivia Day" at CAF’s International Economic Forum, highlighting a reduction in the country's risk below 600 basis points and emphasizing macroeconomic stability and inflation control. The event saw increased engagement with over 100 attendees, compared to around 10 previously, and featured a Bolivia stand showcasing national products.
The U.S. SEC staff clarified that tokenized securities, despite being on crypto networks, remain subject to federal securities laws, including Securities Act registration. The statement outlines issuer and third-party tokenization models, emphasizing that tokenized security-based swaps require registration and must occur on a national securities exchange.
The Reserve Bank of India released draft Directions for public comment to streamline prudential norms for resolution plans addressing exposures affected by natural calamities, aiming for a principle-based regime granting regulated entities discretion in plan design. Applicable to various financial institutions, it includes provisions for maintaining standard classification of restructured exposures and requires comments by 17 February 2026, with implementation from 1 April 2026.
Greece's Ministry of National Economy and Finance approved the Regional Development Programs for Eastern Macedonia-Thrace, Western Macedonia, and the Ionian Islands under the National Development Program 2026-2030, with a combined budget of EUR 481 million. This completes the approval process for all Regional Development Programs across Greece's 13 regions, totaling EUR 3.25 billion.