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2026-01-27•Global•International Monetary Fund
The IMF's Executive Board concluded the 2025 Article IV consultation with Bahrain, highlighting fiscal and macrofinancial vulnerabilities due to a worsening fiscal position and high public debt. Directors supported the exchange rate peg to the USD and recommended sustained fiscal consolidation, enhanced public financial management, and vigilance over crypto assets, while noting the need for stronger reserves and a developed local bond market.
Policy & regulation Peer reviews and country evaluations Economic data and developments
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2026-01-27•Global•International Monetary Fund
The International Monetary Fund (IMF) concluded its 2026 Article IV consultation with Liechtenstein, highlighting the country's strong fiscal buffers and resilient financial system amid global stress. The IMF advised vigilance and policy adjustments to address stagnant growth, potential fiscal pressures, and financial sector resilience, while also recommending pension reforms and enhanced financial oversight.
Policy & regulation Reform agendas & priorities Economic data and developments
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2026-01-27•Global•International Monetary Fund
The IMF's Executive Board concluded the final review of Zambia's Extended Credit Facility, approving an immediate disbursement of SDR 138.9 million (approximately USD 190 million), despite delays in structural conditionality. The review highlighted satisfactory programme performance, with unmet targets on net international reserves and spending arrears clearance, emphasizing the need for fiscal discipline and policy credibility in 2026.
Policy & regulation Peer reviews and country evaluations Lending
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2026-01-27•Global•International Monetary Fund
The International Monetary Fund concluded the 2025 Article IV consultation with Bhutan, projecting 7.4% GDP growth in FY2025/26 and stable inflation around 4%, while recommending tighter fiscal and monetary policies to safeguard macroeconomic stability. The IMF highlighted risks such as hydropower project delays and crypto-asset valuation declines, emphasizing the need for fiscal consolidation, improved liquidity management, and enhanced financial sector oversight.
Policy & regulation International standards & recommendations Economic data and developments
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2026-01-27•United States•U.S. Department of Justice
The U.S. Department of Justice sentenced Chinese national Jingliang Su to 46 months in prison for laundering over USD 36.9 million from a fraudulent digital asset scheme, with restitution set at USD 26,867,242.44. The scheme involved an international network targeting U.S. victims through fake cryptocurrency platforms, with funds routed via shell companies and converted to Tether (USDT) in the Bahamas; eight co-conspirators pleaded guilty.
Enforcement Investigations & enforcement actions Fraud and scams
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2026-01-27•United States•U.S. Securities & Exchange Commission
The U.S. Securities and Exchange Commission (SEC) filed settled charges against Archer-Daniels-Midland Company (ADM) and former executives for accounting and disclosure fraud, resulting in a USD 40 million civil penalty and the establishment of a Fair Fund for investors. The SEC also brought a litigated action against former executive Vikram Luthar, seeking various penalties, while ADM agreed to cooperate fully with the SEC.
Enforcement Investigations & enforcement actions Accounting and financial reporting Fraud and scams
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2026-01-27•United States•Commodity Futures Trading Commission
The Commodity Futures Trading Commission's Division of Market Oversight has granted an 18-month no-action relief on the compliance date for the 2024 Part 17 large trader reporting rule, following a request from the Futures Industry Association. Concurrently, the Division of Data has updated the Part 17 Guidebook and initiated implementation testing, with technical calls starting on 18 February, aiming for compliance by 26 July 2027.
Enforcement Investigations & enforcement actions Regulatory reporting
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2026-01-27•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority and the Office of the Privacy Commissioner for Personal Data have announced measures to enhance cooperation in combating fraud and protecting personal data in the banking sector, including joint risk-based supervisory work and expanded public education efforts. This initiative follows significant fraud losses in Hong Kong and involves collaboration with the Hong Kong Police Force and industry stakeholders.
Supervision Cooperation Cyber resilience Data protection
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2026-01-27•Indonesia•OJK
Indonesia's Financial System Stability Committee, including the Financial Services Authority (OJK), reported stable fiscal, monetary, and financial conditions in Q4 2025, despite increased global market volatility in January 2026. Key measures include special credit treatment for disaster-affected regions, a pawn industry roadmap, and enhanced regulations for insurance and crypto sectors, with ongoing efforts to combat illegal financial activities and implement Law No. 4 of 2023.
Policy & regulation Implementation, projects & pilots
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2026-01-27•Hong Kong•Financial Services and the Treasury Bureau (Hong Kong)
Hong Kong's Financial Services and the Treasury Bureau detailed Chief Executive John Lee’s meetings with Asian Infrastructure Investment Bank President Zou Jiayi and officials from the UAE and Türkiye, focusing on infrastructure finance and trade connectivity. The discussions emphasized Hong Kong's support for AIIB operations, its role as a connector under the “one country, two systems” principle, and its strategic position in the Belt and Road Initiative.
Policy & regulation Cooperation Cross-border cooperation
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2026-01-27•Hong Kong•Financial Services and the Treasury Bureau (Hong Kong)
Hong Kong's Financial Services and the Treasury Bureau announced the inaugural Global Business Summit, co-organised with the Office for Attracting Strategic Enterprises and the Hong Kong Trade Development Council, focusing on finance's role in business development and industrial upgrading. Financial Secretary Paul Chan emphasized trade, finance, and innovation as growth drivers, with incentives to attract technology enterprises to the Northern Metropolis, aligning efforts with the National 15th Five-Year Plan.
Policy & regulation Implementation, projects & pilots Fintech and insurtech Market development
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2026-01-27•Uruguay•Ministry of Economy & Finance (Uruguay)
Uruguay's Ministry of Economy and Finance announced measures to counter the global weakening of the US dollar, including forward USD purchases and coordination with state-owned enterprises to bolster balance sheets. The Ministry will also advance competitiveness measures to February and deepen domestic financing through peso-denominated instruments.
Monetary policy Monetary policy instruments & operations Monetary policy decisions and developments
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2026-01-27•Thailand•Ministry of Finance (Thailand)
Thailand’s Ministry of Finance released updated macroeconomic projections, forecasting GDP growth of 2.2% in 2025 and 2.0% in 2026, with key influences including stimulus measures, export dynamics, and trade challenges. The ministry emphasized the need to monitor global trade, geopolitical uncertainty, financial vulnerabilities, policy continuity, and climate-related risks, with an official announcement set for 16 February 2026.
Monetary policy Monetary policy assessments & outlooks Economic data and developments
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2026-01-27•Thailand•Ministry of Finance (Thailand)
Thailand's Ministry of Finance detailed Deputy Prime Minister and Finance Minister Ekniti Nititanprapat’s participation in the World Economic Forum Annual Meeting 2026, focusing on investment discussions and preparing for the IMF and World Bank Annual Meetings in Bangkok. Key engagements included meetings with Big Tech executives to promote investment in Thailand's digital economy and AI, with plans for THB 500,000 million in cloud and AI centre investments and upskilling 100,000 workers.
Policy & regulation Implementation, projects & pilots Economic data and developments
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2026-01-26•Bolivia•Central Bank of Bolivia
The Central Bank of Bolivia mandates Financial Intermediation Entities to return US dollars in cash to small savers with deposits of USD 1,000 or less, starting 27 January 2026, using resources from a revised legal reserve requirement. This initiative, benefiting over 770,000 savers and 20,000 small companies, aims to restore confidence in currency availability and aligns with the Executive Branch’s Economic Cabinet's monetary policy framework.
Monetary policy Monetary policy instruments & operations Payments and payment systems
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2026-01-26•Japan•Japan Financial Services Agency
The Japan Financial Services Agency released draft amendments to implement the 2025 revisions to the Payment Services Act, focusing on eligible backing assets, electronic payment instruments, and crypto asset service intermediaries, with updates affecting banks and insurance companies. Public comments are open until 27 February 2026, after which the agency will proceed with promulgation and enforcement.
Policy & regulation Rules & requirements Payments and payment systems
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2026-01-26•Japan•Japan Financial Services Agency
The Japan Financial Services Agency has revised its Q&A on capital adequacy ratio regulations, offering updated guidance for banks using the internal rating method.
Policy & regulation Guidance & interpretation Capital adequacy
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2026-01-26•Hong Kong•Hong Kong Insurance Authority
The Hong Kong Insurance Authority hosted a panel at the Asian Financial Forum to discuss Hong Kong's marine insurance outlook and its role as an international maritime hub, focusing on talent development, technological adaptation, and strengthening synergies in maritime services. Clement Lau, Executive Director for Policy and Legislation, emphasized strategic approaches and highlighted existing policy support and recent developments for enhanced stakeholder collaboration.
Policy & regulation Reform agendas & priorities Market development
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2026-01-26•Japan•Japan Financial Services Agency
The Japan Financial Services Agency updated its adjudication proceedings list as of January 23, Reiwa 8, detailing ongoing and concluded cases of market manipulation, insider trading, and false securities statements. The update includes one concluded case, several cases proceeding without hearings due to written admissions, and two cases with hearings pending scheduling.
Enforcement Investigations & enforcement actions Market abuse
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2026-01-26•Panama•Panama Superintendencia del Mercado de Valores
Panama's Superintendency of the Securities Market announced that the Ministry of Economy and Finance will begin dissolving legal entities in the Public Registry on 27 February 2026, starting with those marked for dissolution due to non-payment of fees for over 10 years. The phased process involves a government working committee and an interinstitutional group, with the Ministry providing cleaned information to the Superintendency as execution progresses, urging regulated firms to review and notify clients accordingly.
Supervision Alerts Other
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2026-01-26•North Macedonia•National Bank of the Republic of North Macedonia
Governor Dr. Trajko Slaveski of the National Bank of the Republic of North Macedonia presented key macroeconomic indicators and policies to President Gordana Siljanovska-Davkova, emphasizing economic stability and growth while highlighting the need for risk monitoring. Discussions included global developments' impact on the economy, focusing on industry, trade, construction, and the importance of skilled human resources.
Monetary policy Monetary policy assessments & outlooks
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2026-01-26•Angola•Angola Capital Markets Commission
The Angola Capital Markets Commission has released its report on sanctions activity for the second half of 2025, available in the Commission's publications section.
Enforcement Enforcement statistics AML and CFT Supervision process and methodologies
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2026-01-26•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority suspended trading in ABO Group’s financial instruments on Euronext Brussels from 26 January 2026 at 09:00 CET, at the issuer’s request, pending a press release.
Supervision Interventions Trading
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2026-01-26•Italy•Bank of Italy
The Bank of Italy released a paper in its "Markets, infrastructures, payment systems" series, defining "Fintech for Good" (F4G) and advocating for a regulatory framework to ensure F4G initiatives align with sustainable development goals and prevent false claims. The paper emphasizes technology-driven innovation for environmental and social objectives, financial inclusion, public-private collaboration, and enhanced financial education.
Policy & regulation Guidance & interpretation Fintech and insurtech ESG
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2026-01-26•Europe•European Central Bank
The European Central Bank's blog post evaluates the euro area credit rebound, noting that while lending has improved since rate cuts in June 2024, it remains below long-term trends due to cyclical and structural factors. The post highlights that the credit-to-GDP gap remains negative, with potential narrowing as monetary easing progresses, but emphasizes the need for ongoing monitoring of credit conditions.
Monetary policy Monetary policy assessments & outlooks Monetary policy decisions and developments Monetary policy operations
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2026-01-26•Chile•Ministry of Finance (Chile)
Chile's Ministry of Finance has released a preliminary technical proposal for a Market Maker Programme to enhance liquidity and transparency in the local-currency sovereign bond market. The proposal, developed with the Central Bank of Chile and other financial authorities, outlines obligations for market makers and offers performance-linked incentives, with plans for further consultation and assessment throughout 2026.
Policy & regulation Implementation, projects & pilots Market development
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2026-01-26•Japan•Japan Financial Services Agency
The Japan Financial Services Agency has extended the application deadline and initiated additional recruitment for part-time administrative assistant roles for persons with disabilities, planning around 10 hires with employment from 1 April 2026 to 31 March 2027. Positions offer full-time and short-hours options, with wages and benefits detailed, and selection involves document screening, interviews, and a computer skills check.
Institutional development Workforce & recruitment Hiring and recruitment
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2026-01-26•Japan•Japan Financial Services Agency
Japan's Financial Services Agency released issue 269 of its magazine, Access FSA, featuring an interview with the Parliamentary Vice-Minister of the Cabinet Office, insights on financial administration practices, and updates on organizational restructuring, regional financial capacity plans, and crypto asset system developments.
Institutional development Other
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2026-01-26•Saudi Arabia•Ministry of Finance (Saudi Arabia)
Saudi Arabia's Finance Minister Mohammed Aljadaan, at the 2026 World Economic Forum in Davos, emphasized the importance of permanent reforms and stronger international cooperation through established institutions like the World Bank and IMF. He highlighted the need for economies to undertake structural reforms to meet future economic demands amid uncertainty.
Policy & regulation Reform agendas & priorities Other
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2026-01-26•Europe•European Central Bank
European Central Bank Executive Board member Piero Cipollone outlined the design elements of a digital euro, emphasizing its role as a cash-like public money for digital payments across the euro area, with no mandatory adoption and free basic use. The digital euro aims to enhance European payments autonomy, with a pilot expected in 2027 and issuance no earlier than 2029, contingent on legal and regulatory frameworks.
Policy & regulation Implementation, projects & pilots CBDC
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2026-01-26•United States•U.S. Securities & Exchange Commission
SEC Commissioner Mark T. Uyeda proposed reforms to enhance financial materiality disclosures and reduce compliance burdens, suggesting simplifications to Regulation S-K and recalibrating thresholds for Emerging Growth and Smaller Reporting Companies. His individual views included changes to insider trading policy disclosures, related-party transaction thresholds, cybersecurity narratives, and scaled disclosure eligibility.
Policy & regulation Reform agendas & priorities Disclosures
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2026-01-26•United States•Commodity Futures Trading Commission
The US Commodity Futures Trading Commission has appointed Alex Titus as Chief Advisor to Chairman Michael S. Selig, following his tenure as Chief of Staff at the White House Council of Economic Advisers.
Institutional development Leadership change & appointments Leadership change and appointments
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2026-01-26•Kyrgyzstan•National Bank of the Kyrgz Republic
The National Bank of the Kyrgyz Republic maintained its discount rate at 11.00%, effective 27 January 2026, citing strong economic growth and stable inflation at 9.4% as of mid-January. Economic expansion was driven by construction, services, and increased investment, while inflation remained within expectations despite external pressures.
Monetary policy Policy rate decisions Monetary policy decisions and developments
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2026-01-26•Europe•European Banking Federation
The European Banking Federation is seeking a full-time Policy Adviser in Public Affairs to coordinate its advocacy agenda, focusing on engagement with the European Parliament and Council. Applications are due by 15 February 2026, with a start date in March 2026.
Institutional development Workforce & recruitment Hiring and recruitment
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2026-01-26•Nicaragua•Central Bank of Nicaragua
The Central Bank of Nicaragua reported a current account surplus of USD 736.9 million and a positive financial account result of USD 175.1 million for Q3 2025, with gross international reserves reaching USD 7,821.6 million. Goods exports increased by 24.7% year on year, while imports rose by 8.2%, resulting in a reduced goods trade deficit of USD 611.4 million.
Data & statistics Balance of payments and other external statistics
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2026-01-26•Saudi Arabia•Saudi Arabia Capital Markets Authority
The Saudi Arabia Capital Markets Authority approved Al Rajhi Capital to publicly offer the Waqf Alawqaf Fund, emphasizing that its approval is not a subscription recommendation and urging investors to review the fund's terms and conditions due to potential high risks.
Supervision Authorisations & approvals Securities offerings and listings
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2026-01-26•Cyprus•Cyprus Securities and Exchange Commission
The Cyprus Securities and Exchange Commission has issued Tender No. 01/2026 for proposals from two external experts to investigate potential breaches by Cyprus Investment Firms.
Institutional development Procurement Other
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2026-01-26•Andorra•Andorran Financial Authority
Moody’s revised Andorra’s long-term credit outlook from stable to positive, maintaining the Baa1 rating due to strong economic performance and fiscal health in 2025. Fiscal surpluses near 3% of GDP, low public debt at 31% of GDP, high per capita income, and political stability were cited, despite challenges from the economy's small size and limited diversification. An Association Agreement with the EU could enhance diversification and resilience, potentially influencing future rating upgrades.
Research Credit ratings
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2026-01-26•Global•International Monetary Fund
The International Monetary Fund Executive Board concluded the 2025 Article IV consultation with Nicaragua, highlighting an economy benefiting from low inflation and fiscal surpluses despite international sanctions and property transfers. The IMF advised maintaining prudent fiscal and monetary policies, enhancing tax collection, and improving financial sector governance, while projecting real GDP growth of 3.8% in 2025 and 3.4% in 2026.
Policy & regulation Guidance & interpretation Other
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2026-01-26•Global•International Monetary Fund
The International Monetary Fund (IMF) completed the 2025 Article IV consultation with Slovenia, noting economic recovery with projected growth of 0.8% in 2025 and improvement in 2026–27, while highlighting fiscal challenges due to increased deficits and recommending growth-friendly consolidation. The IMF assessed Slovenia's banks as well-capitalized and profitable, with appropriate macroprudential measures, and the report will be published soon.
Policy & regulation Peer reviews and country evaluations Economic data and developments
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2026-01-26•Global•International Monetary Fund
The International Monetary Fund's 2025 Article IV consultation for Slovenia notes a recent economic growth recovery following a 2024 slowdown, but highlights ongoing structural challenges such as rising spending pressures and weak productivity growth. The report addresses issues including defense spending, health, expenditure trends, and public debt.
Research Other
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2026-01-26•Global•International Monetary Fund
The International Monetary Fund released a Selected Issues paper for Slovenia, addressing aging, public expenditure, and health care in relation to demographic trends, as part of IMF Country Report No. 2026/016.
Research Other
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2026-01-26•Global•International Monetary Fund
The International Monetary Fund released the press release and staff report for Nicaragua’s 2025 Article IV consultation, noting the economy's resilience to multiple shocks since 2018, supported by strong fundamentals, sizeable buffers, and favourable terms of trade. The report highlights low inflation, a declining public debt-to-GDP ratio, fiscal and external surpluses, and well-capitalised banks, despite challenges from sanctions and geopolitical shifts.
Research Economic data and developments
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2026-01-26•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) will begin a data collection exercise in March to refine its risk assessment models, guiding the 2027 selection of up to 40 entities for direct supervision starting in 2028. Conducted with national supervisors and the private sector, this exercise involves financial institutions potentially eligible for AMLA's direct oversight and those expected to remain under national supervision.
Policy & regulation Implementation, projects & pilots AML and CFT
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2026-01-26•Europe•Single Resolution Board
The Single Resolution Board is seeking expressions of interest for an Alternate member position on its Appeal Panel, responsible for appeals under the Single Resolution Mechanism Regulation. The five-year term, renewable once, requires applicants with banking or financial services expertise and a strong grasp of EU legislation, with applications due by 1 March 2026.
Institutional development Leadership change & appointments Hiring and recruitment
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2026-01-26•Czech Republic•Ministry of Finance (Czech Republic)
The Czech Ministry of Finance's January 2026 Macroeconomic Forecast anticipates a slight slowdown in economic growth to 2.4% in 2026 from 2.5% in 2025, driven by domestic demand with net exports as a drag. Inflation is expected to ease to 2.1% in 2026, with disinflationary factors including lower energy prices and a stronger koruna, while wage growth and services prices remain pro-inflationary.
Monetary policy Monetary policy assessments & outlooks Economic data and developments
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2026-01-26•Global•Bank for International Settlements
The Bank for International Settlements released a working paper examining monetary policy shocks on private equity acquisitions, finding that contractionary shocks at the short end of the US yield curve reduce deal volumes, leverage, and prices, while long-term yield shocks have weaker effects. The study, using a dataset of about 54,000 transactions, highlights a credit channel affecting deal volumes and leverage, and a valuation channel impacting pricing.
Research
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2026-01-26•Estonia•Ministry of Finance (Estonia)
Estonia's Ministry of Finance proposes legislative amendments to increase flexibility in the funded pension second pillar, including reducing the rejoining waiting period from 10 years to five and allowing partial withdrawals before retirement age. The bill, aiming to enter into force on 1 July 2027, also proposes options to raise wage-based contributions and stipulates a five-year gap for changes reducing the 4% social tax payment to the second pillar.
Policy & regulation Rules & requirements Other
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2026-01-26•Estonia•Central Bank of Estonia
The Central Bank of Estonia reported a 5% year-on-year increase in bank card payments in the fourth quarter, as part of its quarterly statistical release and payment statistics. The next release, covering the first quarter of 2026, is scheduled for 23 April 2026.
Data & statistics
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2026-01-26•Norway•Department of Finance (Norway)
Norway's Ministry of Finance has published the Expert Council’s report on the Government Pension Fund Global, fulfilling a 2025 mandate to review the fund’s investment strategy and benchmark index composition. The ministry's assessment will be included in the fund report in spring 2026.
Policy & regulation Reform agendas & priorities Other
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2026-01-26•Poland•Central Bank of Poland
The National Bank of Poland reported a rise in broad money (M3) by PLN 44.9 billion in December 2025, reaching PLN 2,737.7 billion, driven by increased deposits and claims from non-financial corporations and households. Local government sector deposits decreased, while net debt of central and local government entities rose, alongside a slight increase in household debt and a decline in non-financial corporate debt.
Data & statistics Monetary data
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2026-01-26•North Macedonia•Securities and Exchange Commission of the Republic of North Macedonia
The Securities and Exchange Commission of the Republic of North Macedonia issued a public appeal to primary and secondary schools in the country.
Financial literacy & education Other
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2026-01-26•Mexico•CONDUSEF
Mexico's National Commission for the Protection and Defence of Users of Financial Services (CONDUSEF) released third-quarter 2025 scores for the AFORE sector under its User Service Performance Index (IDATU), showing a slight decline to 9 out of 10. Profuturo AFORE and Afore Inbursa scored highest, while Afore Invercap scored lowest. The index serves as a transparency tool to aid user decision-making and encourages users to assert their rights.
Data & statistics Complaints and dispute resolution
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2026-01-26•Mexico•CONDUSEF
Mexico's CONDUSEF released Q3 2025 results of its IDATU for SOFOM, E.R., maintaining a sector score of 8.6 out of 10. Top performers included GM Financial de México and Fin Útil, while Consupago and Opcipres were among the lowest. The index evaluates firms on complaint resolution timeliness and handling, aiming to enhance transparency and guide user decisions.
Data & statistics Complaints and dispute resolution
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2026-01-26•Mexico•CONDUSEF
Mexico’s CONDUSEF reported that the User Service Performance Index (IDATU) for SOFOMES ENR remained at 9.4 out of 10 in Q3 2025. The index assesses financial institutions' response to customer complaints, emphasizing transparency and service equality. Top performers included Pretmex and Consede Consultores y Servicios, while Prestaciones Finmart and HXTI scored lowest.
Supervision Reviews, inspections & stress tests Complaints and dispute resolution
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2026-01-26•Bosnia and Herzegovina•Central Bank of Bosnia and Herzegovina
The Central Bank of Bosnia and Herzegovina reported annual core inflation at 4.34% and service sector inflation at 4.83% for 2025, based on official consumer price index data. December's core inflation estimate was 3 basis points higher than the bank's previous nowcast, with inflation pressures slightly increasing compared to November.
Data & statistics Economic data and developments
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2026-01-26•San Marino•Central Bank of San Marino
The Central Bank of the Republic of San Marino will conduct proficiency assessment tests in finance (PVIF) and insurance (PVIA) in March and September 2026, necessary for registration in public registers for supervised professions. The sessions will also include Specific Integrative Tests (TIS) for those with equivalent foreign qualifications. Each session is capped at 18 participants, with a non-refundable EUR 200 fee required for admission.
Policy & regulation Implementation, projects & pilots Licence approval
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2026-01-26•Malta•Malta Financial Services Authority
The Malta Financial Services Authority has introduced a General Code of Conduct for Decision Makers in the Financial Services Industry to enhance governance, culture, and ethics, emphasizing integrity, accountability, and compliance. The Code, based on flexible principles, will be assessed during supervisory activities, with potential implications for supervisory measures.
Policy & regulation Guidance & interpretation Corporate governance
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2026-01-26•Pakistan•Securites & Exchange Commission of Pakistan
The Securities and Exchange Commission of Pakistan has registered three new Real Estate Investment Trust (REIT) schemes in January 2026 under the Real Estate Investment Trust Regulations, 2022, increasing the total to 28. These include two Rental REIT schemes and one Investment-Based REIT scheme, all eligible to raise funds from Accredited Investors and required to be listed within one year of real estate transfer.
Supervision Authorisations & approvals Securities offerings and listings
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2026-01-26•Czech Republic•Ministry of Finance (Czech Republic)
The Czech Republic Ministry of Finance's January 2026 Macroeconomic Forecast projects real GDP growth of 2.5% in 2025 and 2.4% in 2026, driven by domestic demand, with inflation easing from 2.5% to 2.1%. The forecast highlights household consumption and corporate investment as key growth drivers, while exports face constraints, and anticipates a stable unemployment rate of 2.8% and a narrowing current account surplus.
Monetary policy Monetary policy assessments & outlooks Economic data and developments
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2026-01-26•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines has instructed all authorized agent banks and their foreign exchange subsidiaries not to honor a lost Bangko Sentral Registration Document (BSRD) related to Mitutoyo Asia Pacific Pte. Ltd.'s investment in Mitutoyo Philippines, Inc. The notice pertains to BSRD No. A019058-DE and follows Section 38 of the Manual of Regulations on Foreign Exchange Transactions.
Policy & regulation Guidance & interpretation Other
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2026-01-26•Brazil•Brazilian Pension Funds Authority (PREVIC)
The Brazilian Pension Funds Authority (PREVIC) announced the resumption of the Closed Supplementary Pension Development Committee (COFOM) with a new composition, set to meet on 5 February to discuss modernizing Brazil’s closed pension fund sector. The agenda includes measures on accessibility, efficiency, and innovation, with membership changes detailed in PREVIC Ordinance 1,192/2025. PREVIC noted the sector's BRL 1.36 trillion in assets and emphasized expanding risk coverage and financial education.
Institutional development Leadership change & appointments Other
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2026-01-26•Italy•Italian Institute for Insurance Supervision (IVASS)
The Italian Institute for Insurance Supervision (IVASS) released a bulletin on health insurance activity, noting Italy's 2024 health expenditure at EUR 185.1bn, with 74.3% publicly funded. Health segment premiums reached EUR 8bn, with sickness premiums growing 12.1% and accident premiums 2.9% from 2023. The market is concentrated, with the top five firms holding significant shares in both sickness and accident premiums.
Data & statistics Financial and market indicators Supervisory data
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2026-01-26•Europe•European Parliament
The European Parliament’s Legal Affairs Committee adopted a report proposing transparency and fair remuneration for rightsholders when generative AI uses copyrighted works, including transparency requirements for AI providers and the ability for rightsholders to refuse content use. The report, to be voted on in March, rejects a global licence model and calls for the European Commission to explore voluntary collective licensing agreements and tools to prevent unauthorized AI use.
Policy & regulation Rules & requirements Artificial intelligence
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2026-01-26•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission has amended guidelines for registrars of qualified buyers in Memorandum Circular No. 5, Series of 2026. The updates cover authorisation processes, identification and renewal of qualified buyers, and inter-registrar reliance, with SEC-licensed entities eligible to apply as registrars. Key requirements include electronic document submission, a three-year registration certificate, and annual attestation of clients' eligibility.
Policy & regulation Rules & requirements Licensing framework and process
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2026-01-26•Brunei Darussalam•Ministry of Finance (Brunei Darussalam)
Brunei Darussalam's Ministry of Finance and Economy reported on a high-level mission to the UK aimed at advancing cooperation under the Brunei Green Economy Framework, focusing on policy coordination, investment readiness, and energy transition. The visit included discussions on solar deployment, energy efficiency, and nature-based climate solutions, with outcomes to support the operationalization of the UK–Brunei Green Economy Framework.
Policy & regulation Cooperation Climate risk and sustainable finance
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2026-01-26•Pakistan•State Bank of Pakistan
The State Bank of Pakistan's Monetary Policy Committee maintained the policy rate at 10.5%, citing consistent inflation and external-account outlooks with previous assessments, alongside faster-than-expected economic growth. Headline inflation was 5.6% year-on-year in December 2025, with core inflation steady at 7.4%, while high-frequency indicators show increased domestic activity and a widening trade deficit.
Monetary policy Policy rate decisions Monetary policy decisions and developments
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2026-01-26•Montenegro•Central Bank of Montenegro
The Central Bank of Montenegro's Council adopted by-laws to enhance the financial system's regulatory framework, including new investment limits for banks, expanded financial reporting for non-bank firms, and updated payment transaction reporting. Additionally, the Council reviewed SEPA's early impacts, noting significant cost savings and ongoing efforts to promote SEPA usage and develop a national instant payment system with Banca d’Italia.
Policy & regulation Rules & requirements Payments and payment systems
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2026-01-26•Moldova•National Commission for Financial Markets
Moldova's National Commission for Financial Markets issued a warning that loans from private individuals or unauthorised entities are not supervised or legally protected by the authority, which can only intervene in loans from authorised entities like banks, non-bank credit organisations, or savings and loan associations.
Supervision Alerts Unlicensed or unauthorized activity
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2026-01-26•Moldova•National Bank of Moldova
The National Bank of Moldova has outlined its 2026–2027 banking supervision priorities, focusing on a risk-based agenda for licensed banks to address vulnerabilities from geopolitical and macroeconomic uncertainties. Key areas include corporate governance, credit risk, ICT resilience, and AML/CFT, with plans for annual reviews and adjustments based on evolving risk profiles.
Supervision Supervision approach, priorities & toolkit Supervision process and methodologies
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2026-01-26•Jersey•Jersey Financial Services Commission
The Jersey Financial Services Commission issued a fraud warning regarding phishing emails from scammers impersonating a JFSC employee, urging recipients not to engage with the messages and to verify any unexpected contact through official channels.
Supervision Alerts Fraud and scams
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2026-01-26•Guernsey•Guernsey Financial Services Commission
The Guernsey Financial Services Commission announced that the Court of Appeal largely upheld the Senior Decision Maker's findings regarding Mr. Hofgren but mandated a reassessment of the seriousness and sanctions due to two disputed findings.
Enforcement Investigations & enforcement actions
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2026-01-26•Georgia•National Bank of Georgia
The National Bank of Georgia announced that Governor Natia Turnava met with Hungary’s ambassador, Dr. Petra Ponevács-Pana, to discuss a Memorandum of Understanding with the Central Bank of Hungary to enhance cooperation in payment systems, financial services, and best practices exchange.
Policy & regulation Cooperation Cross-border cooperation
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2026-01-26•Georgia•National Bank of Georgia
The National Bank of Georgia published interactive statistical press notes detailing trends in resident commercial banks' loan portfolios and deposits as of December 2025.
Data & statistics Financial and market indicators Supervisory data
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2026-01-26•Andorra•Andorran Financial Authority
The Andorran Financial Authority reported Moody’s Ratings upgraded Andorra’s credit outlook from stable to positive, maintaining the long-term rating at Baa1, due to economic strength and fiscal performance in 2025. Moody’s cited fiscal surpluses near 3% of GDP, low public debt at 31% of GDP, high per capita income, and political stability, while noting structural challenges and the potential impact of an EU Association Agreement.
Other Credit ratings
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2026-01-26•Palestine•Palestine Monetary Authority
The Palestine Monetary Authority and the UN Special Coordinator for the Middle East convened a roundtable with international representatives to address challenges in the Palestinian financial sector, focusing on Israeli Shekel liquidity, correspondent banking, and withheld clearance revenues. Discussions emphasized financial stability, digital transformation, and AML/CTF frameworks, with calls for international support to sustain financial services and recovery efforts in Gaza.
Policy & regulation Cooperation Other
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2026-01-26•Türkiye•Central Bank of Türkiye
The Central Bank of Türkiye has launched a beta version of its upgraded Electronic Data Delivery System, EVDS 3, featuring enhanced search capabilities, redesigned data groups, and expanded national and international data access. EVDS 2 will remain operational during the transition, with updated user guides provided on the new platform.
Institutional development Technology & data transformation Regulatory reporting
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2026-01-26•Iceland•Central Bank of Iceland
The Central Bank of Iceland's quarterly lending survey shows a contraction in residential mortgage supply and a slight downturn in demand, with expectations for marginal supply increases and stable demand over the next six months. Changes in mortgage pricing are attributed to regulatory impacts, including the Supreme Court's October 2025 judgment and the incorporation of the EU's third Capital Requirements Regulation into Icelandic law.
Monetary policy Monetary policy assessments & outlooks Monetary policy decisions and developments
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2026-01-26•Austria•Austrian National Bank (OeNB)
The Austrian National Bank and Statistics Austria released a dataset on Austrian services supplied abroad via the four General Agreement on Trade in Services modes, with commercial presence (Mode 3) being most significant, accounting for 50% of supply and EUR 95.3 billion. In 2023, Austria recorded a net surplus of EUR 5.4 billion in international services trade, primarily from the European Union, despite a Mode 1 deficit of EUR 9.5 billion.
Data & statistics Balance of payments and other external statistics
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2026-01-26•Hong Kong•Financial Services and the Treasury Bureau (Hong Kong)
Hong Kong's Financial Services and the Treasury Bureau signed a cooperation agreement with the Shanghai Gold Exchange to enhance gold market links and develop Hong Kong's government-backed gold central clearing system. The agreement includes a collaborative governance structure, infrastructure synergies, and plans for gold storage expansion, with trial operations set for 2026 and potential tax regime extensions for precious metals investments.
Policy & regulation Cooperation Market development
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2026-01-26•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission suspended Wong Chi Fai's licence for 27 months due to concealing personal trading through a relative's account and making false declarations to employers, involving transactions valued at $670 million and $2.8 billion across two firms. The SFC cited willful and dishonest conduct over nearly a decade, considering the volume of trades, Wong's cooperation, and his clean disciplinary record.
Enforcement Sanctions & designations
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2026-01-26•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission suspended Ms. Choi Sau Wai for seven months for facilitating unauthorized operations of a client’s securities account linked to a suspected ramp-and-dump scheme. The investigation revealed breaches of internal policies and the SFC Code of Conduct, with the account executive conducting 1,300 transactions worth $670 million without proper authorization, leading to potential client losses and firm liability.
Enforcement Investigations & enforcement actions Corporate governance
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2026-01-26•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority issued a scam alert regarding fraudulent websites, phishing emails, and other scams targeting Chiyu Banking Corporation Limited and OCBC Bank (Hong Kong) Limited, reminding the public that banks will not request sensitive information via SMS, email, or phone. Affected individuals are advised to contact their bank and report to the Hong Kong Police Force.
Supervision Alerts Fraud and scams
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2026-01-26•Europe•European Banking Authority
The European Banking Authority published a report outlining medium- to long-term objectives for its interest rate risk in the banking book Heatmap, completing its IRRBB roadmap milestones. The report reviews supervisory outliers test results, economic value of equity and net interest income asymmetries, and provides recommendations on hedging and credit spread risk practices, without introducing new regulatory requirements.
Policy & regulation Guidance & interpretation
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2026-01-26•Russia•Central Bank of Russia
The Central Bank of Russia reported a decrease in the average maximum interest rate on Russian-ruble household deposits from 15.10% to 14.88% in January 2026, based on data from the top 10 credit institutions. Rates varied by maturity, with averages of 14.20% for up to 90 days, 14.58% for 91–180 days, 13.84% for 181 days to one year, and 12.05% for over one year.
Data & statistics
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2026-01-26•Russia•Central Bank of Russia
The Central Bank of Russia's latest Monitoring of Businesses update shows a decline in the Business Climate Index to 1.7 points in January 2026 from 2.6 points in December 2025, despite moderate economic growth and strong investment activity in Q4 2025. The decline is due to subdued company expectations for the next three months, although current output and demand assessments improved, and business price expectations rose for the fourth month.
Data & statistics Economic data and developments
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2026-01-26•Vietnam•Vietnam State Securities Commission
The Vietnam State Securities Commission announced a fee of VND 1,000,000 for granting securities practice certificates, as per the Ministry of Finance’s Circular 25/2022/TT-BTC. Payment can be made via bank transfer or directly to the Commission, with specific identification details required for transfers. Failure to collect the certificate within one year of the fee notice will result in cancellation.
Policy & regulation Rules & requirements Licensing and supervisory fees
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2026-01-26•Portugal•Bank of Portugal
The Bank of Portugal has warned that Dalton Lopes Tome de Sousa Pontes is not authorised to conduct any financial activities, including payment services, in Portugal. Under Decree-Law No 91/2018, only authorised entities may provide such services, as listed on the Bank's website.
Supervision Alerts Unlicensed or unauthorized activity
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2026-01-26•Chile•Central Bank of Chile
The Central Bank of Chile has released the minutes of its former Monetary Council from 1975 to 1989, adding 57 documents to its digital repository to enhance institutional transparency. The Monetary Council, active during that period, was responsible for setting various economic policies and was chaired by the Minister of Finance. This publication aligns with the Bank's voluntary dissemination policy updated in 2019.
Policy & regulation Implementation, projects & pilots Other
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2026-01-26•Uruguay•Central Bank of Uruguay
The Central Bank of Uruguay's Monetary Policy Committee reduced the monetary policy rate by 100 basis points to 6.5% to address potential inflation misalignment and support convergence toward the 4.5% annual target. Inflation ended 2025 at 3.65%, below expectations, with declining two-year inflation forecasts and increased sensitivity in the domestic foreign exchange market amid international uncertainty and US dollar weakening.
Monetary policy Policy rate decisions Monetary policy decisions and developments
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2026-01-26•Chile•Chile Financial Market Commission
The Chile Financial Market Commission has released a revised draft regulation for a second consultation, detailing principles and requirements for insurance and reinsurance companies on service externalization. The proposal clarifies requirements, applies proportionality based on entity size, complexity, and risk profile, enhances the supervisory framework, and aligns with General Rule No. 454 on operational risk management and cybersecurity.
Policy & regulation Rules & requirements Outsourcing and third-party risk management
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2026-01-26•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway mandates entities under the Digital Operational Resilience Act (DORA) to report their ICT service agreements via the supervisor’s reporting solution. Entities must maintain this register, which can be requested by the supervisor at any time.
Supervision Regulatory reporting
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2026-01-26•United States•U.S. Department of Justice
The U.S. Department of Justice announced an additional indictment charging 31 individuals in a nationwide "ATM jackpotting" conspiracy, bringing the total to 87 defendants. The charges, part of a Homeland Security Task Force operation, include conspiracy to commit bank fraud and computer fraud, with many defendants linked to the Tren de Aragua, a designated Foreign Terrorist Organization.
Enforcement Investigations & enforcement actions Fraud and scams
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2026-01-26•United States•U.S. Department of Justice
The U.S. Department of Justice sentenced former CytoDyn CEO Nader Pourhassan to 30 months in prison for misleading investors about a drug's FDA approval prospects and selling shares at inflated prices, resulting in USD 4.4 million in proceeds. Convicted of securities fraud, wire fraud, and insider trading, Pourhassan was ordered to pay over USD 5.3 million in restitution and USD 4.4 million in forfeiture.
Enforcement Investigations & enforcement actions Fraud and scams
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2026-01-26•United States•U.S. Department of Justice
The U.S. Department of Justice announced that the U.S. District Court for the Central District of California granted summary judgment against JMG Investments Inc. and its owner, Jeffrey Schwartz, for violating the False Claims Act by improperly obtaining multiple Paycheck Protection Program loans in 2020, ordering them to pay USD 1,565,294.38 in damages and penalties. The court found the defendants knowingly violated PPP rules, causing a loss to the Small Business Administration, with the whistleblower share yet to be determined.
Enforcement Investigations & enforcement actions Fraud and scams
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2026-01-26•Norway•Norwegian Finanstilsynet
The Financial Supervisory Authority of Norway (Finanstilsynet) fined an individual investor and related entities NOK 175,000 for breaching major shareholding disclosure rules after tendering shares in REC Silicon ASA. The notification was filed late and lacked required information, violating the Securities Trading Act and Regulations. The breach was deemed negligent due to the investor's professional status and active role in REC Silicon.
Enforcement Investigations & enforcement actions Market abuse
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2026-01-26•Myanmar•Central Bank of Myanmar
The Central Bank of Myanmar released an update on the interbank foreign exchange market activities for January 26, 2026.
Data & statistics Foreign exchange policy and markets
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2026-01-26•Myanmar•Central Bank of Myanmar
The Central Bank of Myanmar released data from the FX Market Online Trading Platform as of 26 January 2026.
Data & statistics Financial and market indicators Supervisory data
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2026-01-26•Global•GPFI
The G20 Global Partnership for Financial Inclusion (GPFI) released a paper with policy recommendations to enhance the transition from financial access to usage, emphasizing systematic measurement and addressing barriers like infrastructure and regulatory challenges. Prepared with the World Bank and South Africa’s G20 Presidency, it highlights usage gaps and suggests a coordinated, data-driven approach to improve financial engagement, especially for vulnerable groups.
Policy & regulation International standards & recommendations Financial inclusion
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2026-01-26•United States•U.S. Financial Services Committee
U.S. House Financial Services Committee Chair French Hill urged President Trump to reaffirm the Monroe Doctrine for U.S. engagement in Latin America, emphasizing countering external influences and bolstering regional security and economic ties. Hill highlighted actions such as isolating Cuba, extraditing Nicolás Maduro, and enhancing cooperation with Mexico, while advocating for leveraging financial institutions to strengthen economic relations.
Other