Regxplora • Regulatory and Central Bank Updates • Page 254

2026-01-14South KoreaSouth Korea Financial Services Commission

South Korea Financial Services Commission reports eased 2025 household loan growth and outlines housing loan guarantee fund contribution rates

The South Korea Financial Services Commission reported slower growth in household loans in 2025, with a KRW 37.6 trillion increase from 2024, and a decline in the household debt to GDP ratio to 89.3% as of Q3 2025. The FSC highlighted debt management measures, including the third-stage stressed debt service ratio rule and plans to adjust housing finance rules, requiring financial companies to contribute to a housing finance credit guarantee fund based on issued housing loans.

Policy & regulation Rules & requirements Financial and market indicators Supervisory data

2026-01-14MoldovaMinistry of Finance (Moldova)

Moldova’s Ministry of Finance appoints Elena Grumeza as state secretary to lead digital transformation

Elena Grumeza has been appointed as state secretary of Moldova’s Ministry of Finance, effective 15 January 2026, to oversee digital transformation processes within the Ministry and its subordinated institutions.

Institutional development Leadership change & appointments Leadership change and appointments

2026-01-14EstoniaCentral Bank of Estonia

Central Bank of Estonia issues a silver collector coin for the Milano Cortina 2026 Olympic Winter Games

The Central Bank of Estonia will release a silver collector coin dedicated to Estonian athletes at the XXV Olympic Winter Games, with 3,000 coins minted at EUR 95 each, available from 23 January. The coin, designed by Merilin and Priit Pedastsaar, features a boot-print in snow as a QR code and Braille text, and will be presented at an event in Tallinn.

Other

2026-01-14KuwaitKuwait Capital Markets Authority

Kuwait Capital Markets Authority refers suspected Article 127 offence to the Attorney General over failure to provide requested information

The Kuwait Capital Markets Authority has referred a case to the Attorney General regarding an alleged offence under Article 127(1) of Law No. 7 of 2010, involving a former Boursa Kuwait-listed entity's failure to provide access to data deemed important by the Authority in a whistleblowing investigation.

Enforcement Investigations & enforcement actions Whistleblowing

2026-01-14United Arab EmiratesCentral Bank of the UAE

Central Bank of the UAE and Bank of Finland deepen cooperation on financial stability, green finance and FinTech

The Central Bank of the UAE and the Bank of Finland have expanded their partnership to focus on financial stability, FinTech, and digital transformation, with discussions on regulatory cooperation, green finance, and cross-border payment systems.

Policy & regulation Cooperation Cross-border cooperation Financial stability and systemic risk Fintech and insurtech

2026-01-14IraqCentral Bank of Iraq

Central Bank of Iraq convenes sovereign rating committees to coordinate actions to improve Iraq’s credit rating

The Central Bank of Iraq reported a joint meeting with the National Team, Technical Committee for Sovereign Rating, and Oliver Wyman to enhance Iraq's sovereign and credit rating by engaging with S&P, Fitch, and Moody’s, focusing on institutional quality, financial strength, and governance. This initiative aligns with the government's broader efforts to improve Iraq's economic image and international confidence.

Policy & regulation Reform agendas & priorities Credit ratings

2026-01-14GlobalInternational Monetary Fund

International Monetary Fund Executive Board concludes St. Lucia Article IV and urges revenue-led fiscal adjustment to reduce public debt

The IMF Executive Board concluded the 2025 Article IV consultation with St. Lucia, highlighting solid recent performance but weaker near-term growth, recommending a growth-friendly, revenue-based fiscal adjustment to reduce public debt. The report notes projected GDP growth slowdown to 1.7% in 2025, public debt stabilization at 77% of GDP, and calls for comprehensive tax reform, better spending control, and stronger financial stability measures.

Policy & regulation International standards & recommendations Other

2026-01-14GlobalBank for International Settlements

BIS publishes working paper finding higher US household GenAI use than Italy driven by demographics

The Bank for International Settlements released a working paper analyzing generative artificial intelligence (GenAI) adoption in the United States and Italy, revealing higher usage in the US primarily due to socio-demographic differences. Despite lower usage, Italians have more optimistic expectations for GenAI's impact on well-being and financial wealth, with higher trust in government data handling compared to their US counterparts.

Research Artificial intelligence

2026-01-14GlobalWorld Federation of Exchanges

World Federation of Exchanges calls on regulators to balance post-quantum cryptography expectations with immediate AI and cyber resilience risks

The World Federation of Exchanges (WFE) highlighted a gap between regulatory and industry expectations on quantum computing risk preparedness, urging regulators to align post-quantum cryptography migration with immediate threats. A WFE survey revealed members prioritize generative AI risks over quantum preparedness, estimating a 5–10+ year window before quantum computers become a threat, while taking preparatory steps like monitoring developments and conducting risk assessments.

Policy & regulation Guidance & interpretation Cyber resilience Operational risk and resilience

2026-01-14GlobalInternational Monetary Fund

IMF analysis finds rising demand for new and AI-related skills with higher wages but uneven employment effects

The International Monetary Fund's research highlights that artificial intelligence and digital technologies are reshaping labor markets, with a growing demand for new skills and wage premiums, particularly in professional and technical roles. The study introduces a Skill Imbalance Index to assess future skill demand and supply, recommending policy measures to enhance education and innovation, while noting AI-related skills have not yet driven employment growth.

Research Artificial intelligence

2026-01-14GlobalInternational Monetary Fund

International Monetary Fund staff note quantifies AI-era skill demand and introduces Skill Imbalance and Readiness indices

The International Monetary Fund released a Staff Discussion Note analyzing how emerging IT and AI skills are transforming labor markets, wages, and employment, proposing new metrics to assess skill gaps. The note highlights that demand for new skills can increase wages and employment but may exacerbate job polarization, with AI-related skills linked to weaker employment in certain occupations, and suggests policies to address skill imbalances.

Research Artificial intelligence

2026-01-14AustraliaAustralian Securities & Investments Commission

Administrative Review Tribunal overturns Richard Auricht’s liquidator registration cancellation and orders five-year suspension from 23 June 2023

The Australian Securities and Investments Commission (ASIC) announced that the Administrative Review Tribunal (ART) replaced the cancellation of Richard Ernest Auricht's liquidator registration with a five-year suspension starting 23 June 2023, following findings of unauthorized remuneration and non-compliance with reporting obligations. The ART deemed the suspension appropriate due to the absence of dishonesty and Auricht's clean disciplinary record.

Enforcement Sanctions & designations Other

2026-01-13ChileMinistry of Finance (Chile)

Chile's Ministry of Finance reports committee progress on Economic Intelligence System bill with higher UAF fine caps up to 45,000 UF

Chile's Ministry of Finance announced that the Chamber of Deputies’ Citizen Security Commission has nearly completed voting on the bill to establish an Economic Intelligence System, with pending amendments on the Financial Analysis Unit's (UAF) authority to lift bank secrecy in specific cases. The approved measures enhance the UAF's sanctioning framework, introduce fines based on severity, and increase staffing in key agencies, while the commission continues to deliberate on remaining amendments.

Policy & regulation Rules & requirements AML and CFT

2026-01-13EuropeEuropean Central Bank

European Central Bank publishes research on using satellite data to nowcast trade in real time

The European Central Bank released research on utilizing satellite data to enhance nowcasting tools for real-time trade tracking.

Research Other

2026-01-13EuropeEuropean Central Bank

European Central Bank reports euro area current account surplus narrows to EUR 283 billion while net international investment position rises to EUR 1.72 trillion

The European Central Bank reported a decline in the euro area current account surplus to EUR 283 billion (1.8% of GDP) for the year ending Q3 2025, down from EUR 425 billion (2.8% of GDP) the previous year, while the net international investment position rose to EUR 1.72 trillion (11.0% of GDP). The surplus reduction was driven by a shift in primary income to a deficit and changes in secondary income and services balances, with notable surpluses and deficits recorded against the UK and China, respectively.

Data & statistics Balance of payments and other external statistics

2026-01-13EuropeEuropean Central Bank

European Central Bank publishes 2025 Q3 euro area accounts showing household financial investment growth of 2.7% and non-financial corporate financing growth of 1.6%

The European Central Bank released euro area sector accounts data for Q3 2025, highlighting stable household financial investment growth at 2.7% and non-financial corporations' financing at 1.6%. The report includes data revisions back to Q1 2022 and announces upcoming experimental Distributional Wealth Accounts results for February 2026.

Data & statistics Financial and market indicators Supervisory data

2026-01-13EuropeEuropean Central Bank

European Central Bank publishes working paper attributing euro area growth at risk mainly to demand and financial shocks

The European Central Bank's Working Paper No 3171 introduces a VAR-quantile regression framework to assess how structural shocks impact the distribution of future euro area GDP growth and inflation. The study finds that demand and financial shocks significantly influence GDP growth risks, while supply shocks affect inflation volatility, with the model indicating that these shocks amplified GDP growth decline during the global financial crisis.

Research

2026-01-13EuropeEuropean Central Bank

European Central Bank working paper finds euro area fiscal policy typically moved opposite to monetary policy with QE dampening the response

The European Central Bank's Working Paper Series No 3172 by Guido Wolswijk analyzes euro area fiscal policy reactions to monetary policy from 1999-2019, finding a generally substitutive relationship that weakened during quantitative easing. Using data from ten euro area countries, the study indicates a 1 percentage point tighter monetary stance correlates with a 0.5 percentage point GDP fiscal loosening, with muted responses during 2015-2019 and evidence of countercyclical behavior in recessions.

Research

2026-01-13EuropeEuropean Securities and Markets Authority

European Securities and Markets Authority adopts Digital Strategy 2026–2028 and updates Data Strategy to streamline reporting and supervision

The European Securities and Markets Authority has adopted a new Digital Strategy for 2026–2028 and updated its Data Strategy for 2023–2028, focusing on smarter regulatory reporting and technology-driven supervision. Key initiatives include enhancing digital capabilities, streamlining supervisory reporting, expanding the ESMA Data Platform, and implementing the Markets in Crypto-Assets Regulation (MiCA) joint supervisory tool, with plans to unify these strategies by 2029.

Institutional development Technology & data transformation Supervision process and methodologies

2026-01-13BulgariaBulgaria Financial Supervision Commission

Bulgaria Financial Supervision Commission approves BULSTRAD LIFE supervisory board appointment and halts incomplete crypto-asset services licence application

The Bulgaria Financial Supervision Commission issued decisions, approving a Supervisory Board member for ZEAD BULSTRAD LIFE VIENNA INSURANCE GROUP EAD, removing BROCOM-2000 Ltd. from the insurance broker register, and requesting more information from EF Asset Management AD for a mutual fund permit. Iterium Ltd.'s application for a crypto-asset service provider licence was not considered due to incomplete documentation.

Supervision Authorisations & approvals Licence approval Licence withdrawal

2026-01-13BoliviaCentral Bank of Bolivia

Central Bank of Bolivia hosts Inter-American Development Bank leadership to deepen monetary, exchange rate and financing dialogue

The Central Bank of Bolivia hosted Inter-American Development Bank (IDB) President Ilan Goldfajn and Vice President Anabel Gonzalez to strengthen institutional ties and discuss monetary policy, financing, and other economic priorities. This visit marks a new phase of engagement, emphasizing transparency and independence, with further meetings planned with government and business sector representatives.

Policy & regulation Cooperation Cross-border cooperation

2026-01-13AngolaAngola Capital Markets Commission

Angola Capital Markets Commission participates in Financial Action Task Force enhanced monitoring meeting and presents Angola’s action plan progress

The Angola Capital Markets Commission attended the Financial Action Task Force's first 2026 meeting in Lisbon, presenting progress on its action plan with the International Co-operation Review Group to enhance its framework against money laundering, terrorist financing, and proliferation financing. The meeting, attended by Director Helena Cambinda and other international authorities, focused on Angola's progress from September to December 2025 and aimed to strengthen international cooperation and adherence to global standards.

Policy & regulation Cooperation Cross-border cooperation AML and CFT

2026-01-13MontenegroMontenegro Capital Market Authority

Montenegro Capital Market Authority leadership represents the regulator at FT Live Central and Eastern European Forum 2026 in Vienna

The Montenegro Capital Market Authority's president and deputy president are attending the FT Live conference "The Central and Eastern European Forum 2026" in Vienna to exchange supervisory experiences and discuss regional financial trends, regulatory frameworks, and capital market development.

Policy & regulation Cooperation Cross-border cooperation

2026-01-13KyrgyzstanNational Bank of the Kyrgyz Republic

National Bank of the Kyrgyz Republic approves regulation on banks’ financial recovery plan requirements

The National Bank of the Kyrgyz Republic approved a regulation standardizing requirements for banks' financial recovery plans to enhance financial stability and protect depositors and creditors, as per Resolution No. 2025-P-12/70-5-(RLA) adopted on 26 December 2025.

Policy & regulation Rules & requirements Recovery and resolution

2026-01-13IsraelBank of Israel

Bank of Israel expands payment system participant identification codes from two to three digits to open access for nonbanks

The Bank of Israel will expand the identification code for banking corporations and nonbank entities connecting to Israel’s payment systems from two digits to three, allowing more participants, including fintech firms, to operate as direct participants. Implementation schedules will be published in 2026.

Policy & regulation Rules & requirements Payments and payment systems

2026-01-13SpainSpanish Securities Commission (CNMV)

Spanish Securities Commission opens public recruitment for 32 permanent technical and administrative roles

The Spanish Securities Commission (CNMV) is recruiting 32 permanent staff across various functions, with applications due by 13:00 on 12 February via the CNMV’s electronic office. Positions include roles in supervision, technology, and administration, with eight reserved for individuals with disabilities, and selection involves a competitive examination and merit-based assessment.

Institutional development Workforce & recruitment Hiring and recruitment

2026-01-13ItalyBank of Italy

Bank of Italy publishes updated Banks and Money national statistics with data to November 2025

The Bank of Italy released updated "Banks and Money: National Data" statistics for November 2025.

Data & statistics Monetary data

2026-01-13ItalyBank of Italy

Bank of Italy publishes January 2026 Italian economy in brief statistical report

The Bank of Italy released the January 2026 issue of 'The Italian economy in brief', detailing data and statistics on Italy's economic and financial system, including real economic activity, prices, foreign transactions, private-sector financial conditions, banking sector developments, public finances, and inflation and growth forecasts.

Data & statistics Economic data and developments

2026-01-13EuropeEuropean Central Bank

European Central Bank and other central banks issue joint statement backing Federal Reserve independence and Chair Jerome H Powell

The European Central Bank, led by President Christine Lagarde, issued a joint statement with other central bank leaders supporting the Federal Reserve System and Chair Jerome H. Powell, emphasizing central bank independence for stability and democratic accountability. The statement, signed by governors from major central banks including the Bank of England and the Swiss National Bank, commends Powell's integrity and adherence to his mandate.

Policy & regulation Other Leadership change and appointments

2026-01-13IndonesiaOJK

Indonesia Financial Services Authority issues amended rules simplifying administration and revising capital, digital financing and vehicle down payment requirements for finance, infrastructure finance and venture capital companies

The Indonesia Financial Services Authority (OJK) amended its framework for finance, infrastructure finance, and venture capital companies to simplify regulations and recalibrate prudential and product rules, effective 22 December 2025. Key changes include streamlined ownership change mechanisms, shortened securities issuance recommendation timeframes, adjusted motor vehicle down payment rules, and relaxed digital financing service requirements.

Policy & regulation Rules & requirements Licensing framework and process

2026-01-13United KingdomBank of England

Bank of England joins international central bankers in statement backing Federal Reserve Chair Powell and central bank independence

The Bank of England released a joint statement from international central bank leaders supporting the Federal Reserve and Chair Jerome Powell, emphasizing central bank independence for stability and praising Powell's integrity. Signatories include leaders from the European Central Bank, Sveriges Riksbank, Danmarks Nationalbank, Swiss National Bank, Reserve Bank of Australia, Bank of Canada, Bank of Korea, Banco Central do Brasil, and the Bank for International Settlements.

Monetary policy Other

2026-01-13JapanBank of Japan

Bank of Japan publishes third quarter 2025 direct investment income and flows data by region and industry

The Bank of Japan published updated datasets for Q3 2025 on direct investment by region and industry, including separate files for direct investment income and flows.

Data & statistics Balance of payments and other external statistics

2026-01-13JapanBank of Japan

Bank of Japan publishes preliminary December 2025 figures for bank lending and deposits

The Bank of Japan released preliminary December 2025 data showing year-on-year changes in loans and deposits for major, regional, and shinkin banks, with loans totaling 6,606,626 JPY 100 million and deposits at 10,599,727 JPY 100 million, a 0.9% increase. The report also includes foreign banks' yen-denominated loans in Japan, totaling 63,773 JPY 100 million.

Data & statistics Financial and market indicators Supervisory data

2026-01-13United Arab EmiratesDubai Financial Services Authority

Dubai Financial Services Authority to host 27 January webinar on updated Crypto Token Regulatory Framework now in force

The Dubai Financial Services Authority announced a webinar on 27 January 2026 to discuss the updated Crypto Token Regulatory Framework and its impact on the Dubai International Financial Centre's digital assets ecosystem, following the framework's implementation on 12 January 2026. The session will address key changes, including firm-led Crypto Token suitability assessments, and implications for existing and new market participants.

Policy & regulation Guidance & interpretation

2026-01-13IndonesiaOJK

Indonesia Financial Services Authority issues new governance requirements for the stock exchange, clearing and guarantee institution and depository and settlement institution

Indonesia’s Financial Services Authority (OJK) issued Regulation No. 31/2025 to enhance governance standards for self-regulatory organizations in the stock exchange, clearing and guarantee institution, and depository and settlement institution, effective 3 December 2025. The regulation outlines comprehensive requirements for governance, risk management, and compliance, with specific provisions from 2016 regulations revoked.

Policy & regulation Rules & requirements Corporate governance

2026-01-13ThailandThailand Securities & Exchange Commission

Thailand Securities and Exchange Commission urges Italian-Thai Development bondholders to vote on covenant waivers and three-year maturity extensions at 16 January meeting

The Thailand Securities and Exchange Commission issued an alert for holders of five Italian-Thai Development Public Company Limited bond series, advising them to review information and exercise their rights before the electronic Bondholders’ Meeting on 16 January 2026. The meeting will address waivers on default events, amendments to principal and interest terms, and potential impacts, with the bondholders’ representative, Bank of Ayudhya Public Company Limited, providing analysis and clarification.

Supervision Alerts Corporate governance

2026-01-13EuropeCommittee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL)

Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism MONEYVAL keeps Poland under enhanced follow-up as gaps persist on new technologies

MONEYVAL's follow-up report on Poland's anti-money laundering and counter-terrorist financing framework noted strengthened safeguards in non-profit organisations but identified ongoing shortcomings, especially with new technologies. Poland largely addressed compliance with FATF Recommendation 8 and partly improved on Recommendation 15. Poland remains under MONEYVAL's enhanced follow-up, with a progress report expected in a year.

Policy & regulation Peer reviews and country evaluations AML and CFT

2026-01-13LithuaniaBank of Lithuania

Bank of Lithuania publishes November 2025 balance of payments showing current account surplus fell to EUR 143.2 million

The Bank of Lithuania reported a sharp narrowing of the current account balance surplus to EUR 143.2 million in November 2025, primarily due to a shift in the primary income balance to a deficit and a reduced services surplus. The foreign trade deficit widened to EUR 523.5 million, while net financial account investment was positive at EUR 502.6 million, driven by a EUR 1.0 billion net inflow in portfolio investment.

Data & statistics Balance of payments and other external statistics

2026-01-13LithuaniaMinistry of Finance (Lithuania)

Lithuania's Ministry of Finance signs cooperation memoranda with the European Investment Fund and European Stability Mechanism to reinforce ILTE risk management

Lithuania's Ministry of Finance announced memoranda of cooperation with the European Investment Fund and the European Stability Mechanism to enhance ILTE's risk management through international expertise, as part of its transformation into a national development bank. The initiative includes seconding risk management experts to ILTE's Advisory Risk Management Committee to reinforce its institutional structure and practices.

Institutional development Cooperation & capacity building Cross-border cooperation

2026-01-13LithuaniaMinistry of Finance (Lithuania)

Lithuania’s Ministry of Finance seeks strategic ILTE partnership with the European Investment Bank to scale co-financing of defence and other projects

Lithuania's Ministry of Finance announced that Finance Minister Kristupas Vaitiekūnas met with European Investment Bank President Nadia Calviño to enhance cooperation on defence projects, involving the national development bank ILTE in a systemic co-financing model with the EIB Group. The meeting also addressed support for Ukraine, Lithuania's defence industry capabilities, and preparations for Lithuania's upcoming EU Council Presidency.

Policy & regulation Cooperation Cross-border cooperation

2026-01-13LithuaniaMinistry of Finance (Lithuania)

Lithuania's Ministry of Finance discusses EU Savings and Investments Union agenda and Ukraine EUR 90bn loan with Luxembourg

Lithuania's Finance Minister Kristupas Vaitiekunas met with Luxembourg's Finance Minister Gilles Roth to discuss economic conditions, defence funding, support for Ukraine, and the EU Savings and Investments Union initiative. Key topics included removing cross-border capital flow barriers, enhancing supervisory efficiency, and the EUR 90 billion EU-backed loan to Ukraine, with Vaitiekunas seeking support for Lithuania's ECB nomination.

Policy & regulation Cooperation Cross-border cooperation

2026-01-13LatviaMinistry of Finance (Latvia)

Latvia's Ministry of Finance sets 2026 priorities with results-based budgeting reforms and planned transfer of consumer lender supervision to Latvijas Banka

Latvia's Ministry of Finance has outlined its 2026 priorities, focusing on sustainable public finances and an investment-friendly environment, with reforms in budget planning, transparency, procurement, and financial management. Key initiatives include a results-based state budget structure by 2027, a single licensing framework for consumer lenders by 2027, and EUR 1.4 billion in EU and Recovery Fund investments in 2026.

Policy & regulation Reform agendas & priorities Other

2026-01-13AngolaMinistry of Finance (Angola)

Angola's Ministry of Finance advances SEP360º AI platform to automate reporting and oversight of public enterprises

Angola's Ministry of Finance, via the Institute for the Management of State Assets, has introduced SEP360º, a digital platform in its final development stage to automate data collection and monitoring for public enterprises. Utilizing artificial intelligence and robotic process automation, SEP360º will streamline reporting, enhance data validation, and provide real-time monitoring and risk alerts, improving oversight and reducing reliance on manual processes.

Policy & regulation Implementation, projects & pilots Artificial intelligence Regtech and suptech

2026-01-13AngolaMinistry of Finance (Angola)

Angola's Ministry of Finance authorised to set Treasury bond issuance terms and widen placement options

A presidential decree in Angola has established the framework for issuing Treasury Bonds, empowering the Minister of Finance to determine issuance specifics and establish incentives. The decree outlines semiannual coupon payments, redemption terms, and placement methods, with further ministerial acts to detail issuance terms and public placement procedures.

Policy & regulation Rules & requirements Securities offerings and listings

2026-01-13SerbiaNational Bank of Serbia

National Bank of Serbia reports 4,513 counterfeit banknotes detected in 2025 with EUR notes and RSD 2,000 denomination most prevalent

The National Bank of Serbia's Cash Operations Division report for 2025 identified 1,832 counterfeit Serbian dinar (RSD) banknotes and 2,681 counterfeit foreign-currency banknotes, with euro counterfeits comprising the largest share. The RSD 2,000 denomination was the most counterfeited among dinar notes, while EUR 100 and EUR 200 were prevalent among foreign currencies, with the total nominal dinar equivalent of all counterfeits amounting to RSD 47,310,853.24.

Data & statistics Currency and cash management

2026-01-13LaosBank of the Lao

Bank of the Lao and Bank of Korea hold BOK-KPP 2025 seminar to disseminate research on financial literacy and economic stability

The Bank of the Lao and the Bank of Korea presented the results of the 2025 Bank of Korea Knowledge Partnership Programme, focusing on enhancing financial literacy to promote economic stability in Lao PDR. The seminar in Vientiane included discussions on Lao PDR’s economic conditions, current financial literacy initiatives, and strategies aligned with the government’s 10th socio-economic development plan.

Financial literacy & education Financial literacy and education

2026-01-13NicaraguaCentral Bank of Nicaragua

Central Bank of Nicaragua publishes December 2025 monetary indicators as gross international reserves rise to USD 8,324.8 million

The Central Bank of Nicaragua's December 2025 Monetary Indicators note highlights increases in gross international reserves, net foreign-exchange purchases, and year-on-year growth in all monetary aggregates. Currency in circulation rose 15.9%, the monetary base 9.4%, public deposits 14.6%, and the broadest monetary aggregate (M3A) 14.9%, with strong demand for the central bank’s monetary instruments absorbing significant liquidity.

Monetary policy Monetary policy instruments & operations Monetary data

2026-01-13NicaraguaCentral Bank of Nicaragua

Central Bank of Nicaragua reports 2025 profit of NIO 2,404.7 million and earmarks it for capital strengthening and reduced public securities obligations

The Central Bank of Nicaragua reported a 2025 profit of NIO 2,404.7 million, attributing the surplus to income from financial and monetary investments exceeding operational and financial costs. Profits will be used to bolster the bank's capital and reduce public securities obligations, aligning with its mandate for currency stability and payment system functionality.

Data & statistics Other

2026-01-13NicaraguaCentral Bank of Nicaragua

Central Bank of Nicaragua projects 2025 growth near 5% and 2026 growth of 3.5–4.5%

Central Bank of Nicaragua President Ovidio Reyes announced that Nicaragua's economy exceeded 2025 growth expectations, now projected at 4.5% to 5%, driven by record exports and construction growth. Inflation is expected to end 2025 below 3%, with international reserves at USD 8,325 million, covering all national financial system deposits and equating to 35% of GDP.

Monetary policy Monetary policy assessments & outlooks Economic data and developments

2026-01-13PolandMinistry of Finance (Poland)

Poland's Ministry of Finance announces government adoption of a bill scrapping KDPW registration and issuance agent requirements for non-public closed-end fund certificates

Poland's Ministry of Finance announced that the Council of Ministers adopted a draft deregulatory bill for non-public closed-end investment funds, eliminating the need to register investment certificates with the National Depository for Securities (KDPW) and appoint an issuance agent. The bill, aimed at simplifying issuance and reducing costs while maintaining investor safeguards, will take effect 14 days after publication in the Journal of Laws.

Policy & regulation Rules & requirements Other

2026-01-13PolandCentral Bank of Poland

Central Bank of Poland reports PLN 2.0bn current account deficit in November 2025 as services surplus is offset by goods and income shortfalls

The Central Bank of Poland reported a PLN 2.0bn current account deficit for November 2025, compared to PLN 1.2bn in November 2024, with a services surplus of PLN 12.3bn and deficits in goods, primary income, and secondary income accounts. Export growth slowed broadly, with goods exports at PLN 126.6bn and imports at PLN 131.2bn, while the primary income deficit narrowed to PLN 8.8bn.

Data & statistics Balance of payments and other external statistics

2026-01-13PolandMinistry of Finance (Poland)

Poland's Ministry of Finance reports PLN 5.35bn December savings bond sales and outlines January retail bond terms

Poland's Ministry of Finance reported retail Treasury savings bonds sales of PLN 5.35 billion in December 2025 and PLN 74.9 billion for the year, detailing interest terms for bonds available from 1 to 31 January. The ministry highlighted significant sales growth from PLN 3.2 billion in 2015 to nearly PLN 75 billion in 2025, with specific interest rates set for various bond types, including fixed-rate, floating-rate, and inflation-linked options.

Policy & regulation Implementation, projects & pilots Activity and performance reporting

2026-01-13PolandCentral Bank of Poland

Central Bank of Poland releases Stanislaw Konarski PLN 50 silver collector coin in the Treasures of the Medal-Making Art series

The Central Bank of Poland has issued a new silver collector coin, "Stanislaw Konarski," as part of its "Treasures of the Medal-Making Art" series, available from 12 January 2026. The PLN 50 coin, minted in 999 purity silver, features an 18th-century medal design and is limited to 4,000 pieces.

Other

2026-01-13VietnamState Bank of Vietnam

State Bank of Vietnam reports VND 25,453 billion syndicated credit contract for Hanoi Ring Road 4 PPP highway project

The State Bank of Vietnam announced a VND 25,453 billion credit contract for the Hanoi Ring Road 4 Construction Project, funded by Agribank, Military Commercial Joint Stock Bank, Joint Stock Commercial Bank for Investment and Development of Vietnam, and Vietnam Modern Bank Limited. The 113.52 km project through Hanoi, Hung Yen, and Bac Ninh includes a public-private partnership for highway construction with a total investment of over VND 53,553 billion, starting on September 6, 2025.

Policy & regulation Implementation, projects & pilots Lending

2026-01-13VietnamState Bank of Vietnam

State Bank of Vietnam reports VND 41 trillion in housing policy lending to the national housing and real estate steering committee

The State Bank of Vietnam reported to the Central Steering Committee on the banking sector's housing credit programmes, revealing a total outstanding housing-policy credit of approximately VND 41 trillion, with significant contributions from the Vietnam Bank for Social Policies and commercial banks. The Prime Minister tasked the Ministry of Construction and the Government Office with finalizing the notice of conclusions for unified implementation.

Policy & regulation Implementation, projects & pilots Other

2026-01-13VietnamState Bank of Vietnam

State Bank of Vietnam briefs EU on banking law reforms, monetary policy and AML efforts at SETP dialogue linked to EUR 25 million disbursement

The State Bank of Vietnam engaged in the Vietnam-EU High-level Policy Dialogue, discussing the EU's assessment for a EUR 25 million disbursement under the Budget Support Agreement. The central bank reviewed the Law on Credit Institutions, 2025 monetary policy outcomes, and anti-money laundering efforts.

Policy & regulation Cooperation Cross-border cooperation

2026-01-13VietnamState Bank of Vietnam

State Bank of Vietnam Governor directs Region 6 banks to prioritise productive lending and digital transformation in 2026

The State Bank of Vietnam (SBV) held its Region 6 conference to outline 2026 banking priorities, focusing on capital availability for production, business, and priority sectors, while controlling risky lending. Key initiatives include expanding non-cash payments, digital transformation, system security, and administrative reforms, with Region 6 noted for its significant capital mobilisation and credit growth.

Policy & regulation Implementation, projects & pilots Other