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2025-11-16•Angola•Angola Capital Markets Commission
The Angola Capital Markets Commission has initiated a project to automate financial reporting by supervised entities, including a regulatory sandbox for testing automated data submissions. This initiative aims to enhance control, transparency, and efficiency in the financial system while identifying and mitigating systemic risks. The project will be implemented in multiple phases, with a focus on technology developments and information security.
Policy & regulation Implementation, projects & pilots Regulatory reporting
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2025-11-16•Palestine•Palestine Capital Market Authority
The Palestine Capital Market Authority and the Palestine Monetary Authority convened the Entrepreneurship, Small and Medium Enterprises Working Group to develop a three-year work plan under Palestine’s Financial Inclusion Strategy. The meeting emphasized alignment with the 2023 National Financial Inclusion Assessment and the National Strategy for Micro, Small, and Medium Enterprises (2025–2029), aiming to enhance financial products, encourage formal registration, and boost MSMEs' GDP contribution.
Policy & regulation Implementation, projects & pilots Financial inclusion
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2025-11-16•Palestine•Palestine Capital Market Authority
The Palestine Capital Market Authority's Board Chairman, Ammar Aker, met with Turkish Ambassador Ismail Çobanoglu to discuss economic and developmental issues and PCMA's current operations. Aker highlighted efforts to stabilize sectors under PCMA supervision and appreciated Turkey's support. The ambassador praised PCMA's role and emphasized strengthening bilateral relations.
Policy & regulation Cooperation Other
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2025-11-16•Egypt•Egypt Financial Regulatory Authority
Egypt's Financial Regulatory Authority revoked the microfinance licenses of 258 category C civil associations and institutions for non-compliance with regulations under Law No. 141 of 2014, as amended by Law No. 201 of 2020. Violations included failure to conduct activities, refusal to submit reports, and non-compliance with the credit inquiry system. The FRA will continue to provide technical support and training for compliant entities and may implement further measures to maintain market discipline.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity
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2025-11-16•Egypt•Egypt Financial Regulatory Authority
Egypt’s Prime Minister has appointed Dr Ahmed Abdel Aziz as Deputy Chairman of the Board of the Egypt Financial Regulatory Authority. This follows a presidential decree renewing Dr Mohamed Farid Saleh's chairmanship for one year, marking his fourth term. Abdel Aziz, with over 25 years of experience in the insurance sector, will serve for the remaining term of the current board.
Institutional development Leadership change & appointments Leadership change and appointments
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2025-11-16•Egypt•Central Bank of Egypt
The Central Bank of Egypt is participating in the 12th PAFIX International Conference, focusing on digital transformation in banking, FinTech, and AI. The bank showcased its "Digital Financial Identity" platform, enabling remote e-KYC and digital account access. Senior officials will discuss global banking shifts and AI's impact on the sector during the conference.
Policy & regulation Cooperation Fintech and insurtech Artificial intelligence
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2025-11-16•Nepal•Central Bank of Nepal
The Central Bank of Nepal submitted its annual report for financial year 2079/80, highlighting an 11% increase in net profit to NPR 10.41 billion and a 23% rise in assets and liabilities to NPR 1.86 trillion. A Board decision allocated funds and made NPR 12 billion available to the Government of Nepal. The report fulfills statutory obligations under the Nepal Rastra Bank Act, 2058.
Data & statistics Activity and performance reporting
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2025-11-15•Nepal•Central Bank of Nepal
The Central Bank of Nepal hosted a seminar in Kathmandu for Dr. Yadav Prasad Pant's 110th birth anniversary, highlighting his role in shaping Nepal's modern economy. Finance Minister Rameshwar Prasad Khanal and Governor Prof. Dr. Bishwanath Paudel emphasized Pant's contributions to monetary and fiscal policy, including structural reforms and international relations. The event featured a working paper and a documentary on Pant's legacy.
Other
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2025-11-15•Global•Egmont Group
The Egmont Group marked 30 years of combating financial crimes by facilitating secure exchanges among 182 financial intelligence units (FIUs) and published five reports to aid FIUs in tackling evolving threats. The reports focus on FIUs' roles in addressing environmental crime and enhancing international cooperation on money laundering with guidance from the Financial Action Task Force, INTERPOL, and the United Nations Office on Drugs and Crime.
Policy & regulation Cooperation AML and CFT
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2025-11-15•Greece•Ministry of National Economy and Finance (Greece)
Greece's Minister of National Economy and Finance, Kyriakos Pierrakakis, outlined the economic and digital transformation agenda, emphasizing productivity, support for vulnerable groups, and capital market reforms. He highlighted the potential acquisition of the Athens Stock Exchange by Euronext for deeper European liquidity. The speech praised Greece’s Public Debt Management Agency and reiterated the importance of fiscal balance, a healthy banking system, and reforms.
Policy & regulation Reform agendas & priorities Economic data and developments
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2025-11-15•Malaysia•Bank Negara Malaysia
Bank Negara Malaysia announced new initiatives to enhance financial literacy at the Karnival Celik Kewangan Pulau Pinang. These include a pilot "Just-in-Time Financial Education" programme targeting youth and civil servants, and a Medical and Health Insurance/Takaful guide for consumers. Additionally, the Financial Education Network has renewed the National Strategy for Financial Literacy 2026–2030.
Financial literacy & education Financial literacy and education
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2025-11-15•Global•United Nations Environment Programme Finance Initiative
The UNEP FI released guidance for banks and insurers in Latin America and the Caribbean on integrating a "just transition" into operations, focusing on climate, social, and human rights. The report, informed by regional UNEP FI members and advisory institutions, outlines practical approaches for financial solutions supporting climate action and social goals, while engaging local stakeholders. The guidance is available in Spanish, with an executive summary in English and Portuguese.
Policy & regulation Guidance & interpretation Climate risk and sustainable finance
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2025-11-15•United States•U.S. Senate Committee on Banking, Housing and Urban Affairs
The U.S. Senate Committee on Banking, Housing and Urban Affairs, through Chairman Tim Scott, criticized the Federal Reserve for ongoing ethics scandals, citing the investigation of former Governor Adriana Kugler as evidence of inadequate guardrails and accountability. Scott urged the next Federal Reserve Chair to restore integrity and transparency to regain public trust.
Policy & regulation Reform agendas & priorities Corporate governance
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2025-11-14•Albania•Ministry of Finance (Albania)
Albania's Ministry of Finance, in a joint press conference with the IMF and the Bank of Albania, outlined the government's macroeconomic outlook and fiscal strategy in the draft 2026 budget. Finance Minister Petrit Malaj reported GDP growth of 3.6% in the first half of 2025, projecting 3.9% for the full year, focusing on maintaining a positive primary balance and fiscal space for emergencies. The IMF's Anke Weber highlighted debt reduction due to prudent fiscal policy and emphasized the need for reforms to achieve EU accession by 2030.
Policy & regulation Other Monetary policy decisions and developments
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2025-11-14•Belgium•Belgium Financial Services and Markets Authority
Belgium Financial Services and Markets Authority Chairman Jean-Paul Servais, at a BIS symposium, linked IOSCO’s agenda to financial health outcomes. He emphasized finance technology's role in financial inclusion and highlighted FSMA's Wikifin programme initiatives for investor protection and financial literacy. Servais also discussed financial education's importance in helping retail investors navigate new technologies and prevent online scams.
Financial literacy & education Financial literacy and education Consumer and investor protection
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2025-11-14•Panama•Superintendencia de Bancos de Panama
The Superintendency of Banks of Panama held the seventh College of Supervisors for Ficohsa Financial Group to enhance cross-border supervision through information sharing. The forum aimed to strengthen cooperation and supervisory effectiveness among jurisdictions, focusing on the group's performance, risk management, and economic challenges. Participants included regulators from Guatemala, Honduras, Nicaragua, and Panama, as well as board members and senior management from the group's entities.
Supervision Cooperation Cross-border cooperation
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2025-11-14•Panama•Superintendencia de Bancos de Panama
The Superintendency of Banks of Panama hosted an IMF mission for the annual Article IV review, focusing on Panama's economic and financial situation. Superintendent Milton Ayón Wong emphasized the visit as a technical exchange to assess progress in the banking system and analyze regulatory and supervision challenges. The IMF mission, led by Bas Bakker, will engage with various stakeholders to evaluate Panama's macroeconomic performance and financial system evolution.
Supervision Cooperation Economic data and developments Financial stability and systemic risk
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2025-11-14•Global•Group of International Finance Centre Supervisors
The Group of International Finance Centre Supervisors held a plenary meeting in the Virgin Islands, discussing Basel III implementation in smaller jurisdictions and conducting a workshop on asset recovery with the World Bank and the United Nations Office on Drugs and Crime. The agenda included asset recovery roles, data sharing, TCSP supervision, and sustainable finance practices, with the next meeting planned for London in April 2025.
Supervision Cooperation Prudential risks
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2025-11-14•Mexico•Mexico Comision Nacional Bancaria y de Valores (CNBV)
Mexico's National Banking and Securities Commission (CNBV) and the Alliance for Financial Inclusion (AFI) published a study on financial inclusion among 18–29-year-olds in rural and suburban areas, focusing on behavioral barriers and gender norms. The pilot intervention, conducted with local partners, improved financial habits, increased use of formal financial products, and addressed gender stereotypes. Findings will guide future programs to enhance financial education and equitable inclusion for young people in Mexico.
Research Financial inclusion
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2025-11-14•Mexico•Mexico Comision Nacional Bancaria y de Valores (CNBV)
Mexico's National Banking and Securities Commission (CNBV) and the Alliance for Financial Inclusion (AFI) published a study on financial inclusion among 18 to 29 year olds in rural and suburban areas, highlighting barriers like distrust in the financial system and gender norms. A pilot intervention improved financial behaviours and increased use of formal financial products. CNBV and AFI plan to use these findings to design future programmes for enhanced financial education and inclusion.
Research Financial inclusion
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2025-11-14•Kosovo•Central Bank of the Republic of Kosovo
At the "Risk Management 2025" forum, Kosovo's Central Bank Deputy Governor Milot Cakaj emphasized commitment to financial stability and EU-aligned supervision. At a Kosovo Banking Association event, Cakaj and Banking Supervision Director Terziqi stressed the importance of supervisory dialogue and strategic risk management, highlighting proactive approaches to liquidity, capital, and funding amid evolving market conditions.
Supervision Supervision approach, priorities & toolkit Risk management Financial stability and systemic risk
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2025-11-14•Belgium•Belgium Financial Services and Markets Authority
The Belgium Financial Services and Markets Authority (FSMA) warns about fraudulent websites and "investment firms" falsely claiming FSMA authorisation. Entities like Aether Groups Inc. and others are not authorised in Belgium. FSMA advises using its "Check your provider" tool and clarifies it doesn't recover investments or request financial information.
Supervision Alerts Fraud and scams
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2025-11-14•New Zealand•Reserve Bank of New Zealand
The Reserve Bank of New Zealand will ease loan-to-value ratio (LVR) restrictions from 1 December, increasing the share of new lending allowed with higher LVRs for owner-occupiers and investors. The changes follow the introduction of debt-to-income restrictions and will be monitored by the Financial Policy Committee, which will review LVR settings annually.
Policy & regulation Rules & requirements Macroprudential policy and tools
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2025-11-14•Tanzania•Tanzania Insurance Regulatory Authority
The Tanzania Insurance Regulatory Authority (TIRA) announced that Insurance Commissioner Dr. Baghayo Saqware has commenced a tour of ten regional zones to evaluate zonal performance and insurance service accessibility. The initiative aims to ensure insurance coverage for all citizens, with recent visits to the Lake Tanganyika Zone focusing on universal health insurance implementation and infrastructure development.
Supervision Reviews, inspections & stress tests Supervision process and methodologies
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2025-11-14•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market adopted decisions affecting real estate transaction funds, ownership structures, and market infrastructure. Measures include regulations on fund certificates, ownership structures, and amendments for property management. Supervisory actions involved asset blocking sanctions and prohibitions on depository system changes, while licensing decisions included bond issue registrations and senior appointments.
Policy & regulation Rules & requirements Licensing framework and process
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2025-11-14•Ukraine•Ukraine National Commission on Securities and Stock Market
The Ukraine National Commission on Securities and Stock Market approved a regulation standardizing ownership structure requirements and the approval process for significant participation in capital and commodity markets. It applies to entities seeking or holding licenses and those acquiring significant participation, with compliance required by February 2026. Existing licensing conditions remain applicable unless they conflict with the new regulation.
Policy & regulation Rules & requirements Corporate governance
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2025-11-14•Uruguay•Central Bank of Uruguay
Central Bank of Uruguay President Guillermo Tolosa discussed the impact of Uruguay’s inflation-targeting regime on exchange-rate dynamics and corporate funding. He highlighted the free-floating exchange rate and no central bank intervention in the foreign-exchange market for over four years. Tolosa cautioned against relying on USD deposits as a hedge, emphasizing active risk management to protect enterprise value amid exchange rate volatility.
Monetary policy Monetary policy assessments & outlooks Monetary policy decisions and developments
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2025-11-14•Georgia•Insurance State Supervision Service of Georgia
The Insurance State Supervision Service of Georgia's Head, Davit Onoprishvili, is attending the IAIS 2025 Week of Committees and annual conference in Tirana, representing the Central, Eastern Europe and Transcaucasia region. Discussions focus on implementing IAIS strategic goals, enhancing cooperation, and promoting unified global insurance supervision approaches. The event concludes with the IAIS annual conference on 14 to 15 November.
Supervision Cooperation Cross-border cooperation
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2025-11-14•Lebanon•Central Bank of Lebanon
The Central Bank of Lebanon issued Basic Circular No. 171, requiring banks and regulated institutions to comply promptly with requests from the Central Bank or the Banking Control Commission to lift banking secrecy. Requests can seek information on entities or individuals up to ten years retroactively and must be transmitted securely. Non-compliance may result in sanctions, with the Banking Control Commission overseeing implementation and potentially specifying further measures.
Policy & regulation Rules & requirements Other
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2025-11-14•Lebanon•Central Bank of Lebanon
Lebanon's Central Bank mandates non-banking financial institutions use "Currency Transaction – Form RF1" to collect and transmit KYC and transaction data for currency transactions of USD 1,000 or more. This applies to BdL-regulated entities, exchange institutions, and e-wallet providers, requiring encrypted data transmission within two business days. Non-compliance may result in administrative sanctions under Article 208 of the Code of Money and Credit.
Policy & regulation Rules & requirements KYC
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2025-11-14•Pakistan•Securites & Exchange Commission of Pakistan
The Securities and Exchange Commission of Pakistan has amended the Non-Banking Finance Companies Regulations, 2008, impacting lending NBFCs, peer-to-peer platforms, and non-banking microfinance companies. Key changes include a regulated credit guarantee activity, relaxed experience requirements for NBFC founders and CEOs, and a simplified borrower factsheet. The reforms enhance transparency, credit reporting, and governance standards, with increased loan size limits for microfinance and revised board requirements.
Policy & regulation Rules & requirements Lending Prudential risks
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2025-11-14•China•Central Bank of the Republic of China
The People's Bank of China reported Vice Governor Xuan Changneng's participation in a BIS governors' meeting in Basel and meetings with UK financial authorities, focusing on international policy dialogue and cooperation. Discussions included the global economic outlook, cross-border payments, non-bank financial institutions' impact on monetary policy, and population ageing's effect on financial stability. In London, Xuan engaged with UK authorities on China-UK monetary cooperation and financial regulation, with both parties expressing intent to enhance collaboration.
Policy & regulation Cooperation Cross-border cooperation
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2025-11-14•China•Central Bank of the Republic of China
The People's Bank of China has issued the Interbank Market Brokerage Business Management Measures to enhance oversight and standardize conduct in interbank market brokerage activities, effective 1 January 2026. The framework outlines permissible brokerage services across various markets and mandates strengthened internal controls and client responsibilities. It also reinforces supervisory arrangements to prevent violations and market disruptions.
Policy & regulation Rules & requirements Market infrastructure
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2025-11-14•Portugal•Portuguese Insurance Regulator (ASF)
The Portuguese Insurance Regulator (ASF) released its September 2025 Insurance Sector Risk Dashboard, maintaining macroeconomic and credit risks at medium-high and revising liquidity risk down to low. Market risk is on a downward trajectory, while profitability and solvency risks remain medium-low. ASF noted improved sector profitability and flagged potential asset price correction risks in Portugal's real estate market.
Supervision Risk monitoring & watch points Prudential risks Market risk and volatility Liquidity risk
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2025-11-14•Hong Kong•Financial Services and the Treasury Bureau (Hong Kong)
The Financial Services and the Treasury Bureau of Hong Kong announced the reappointment of Ms Julia Leung as CEO of the Securities and Futures Commission for a two-year term starting January 1, 2026. Ms Leung has led the SFC's regulatory and market development efforts, including securities market reforms and enhancing market access between Mainland China and Hong Kong. She has been with the SFC since 2015, serving in various leadership roles.
Institutional development Leadership change & appointments Leadership change and appointments
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2025-11-14•Colombia•Superintendencia Financiera de Colombia
Colombia’s Financial Superintendency reported that the financial system remains resilient, with credit institutions maintaining solvency and liquidity above regulatory minimums. The loan portfolio shows positive growth, and delinquency rates are declining, despite some commercial sector challenges. The committee highlighted favourable global financial conditions, though uncertainty remains regarding their persistence.
Supervision Risk monitoring & watch points Prudential risks Liquidity risk
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2025-11-14•Hong Kong•Hong Kong Securities & Futures Commission
The Hong Kong Securities and Futures Commission announced the re-appointment of Ms. Julia Leung as Chief Executive Officer for another two-year term starting 1 January 2026. The extension aims to advance regulatory reform, market development, and operational continuity, with a focus on data, talent, succession planning, investor protection, market integrity, and innovation.
Institutional development Leadership change & appointments Leadership change and appointments
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2025-11-14•Greece•Ministry of National Economy and Finance (Greece)
At a Centre for European Policy Studies event, Greece's Minister of National Economy and Finance, Kyriakos Pierrakakis, emphasized fiscal prudence and reforms as key to Greece's economic recovery post-euro referendum. He highlighted nearly 100 reforms over six years and discussed challenges like productivity and investment. Pierrakakis also advocated for the EU's Savings and Investment Union and digital reforms focused on citizen services.
Policy & regulation Reform agendas & priorities Other
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2025-11-14•Greece•Ministry of National Economy and Finance (Greece)
Greece's Ministry of National Economy and Finance, led by Minister Kyriakos Pierrakakis, filed a criminal complaint against unknown administrators of a Facebook page for a misleading investment ad using AI-altered deepfake material. The ad falsely depicted the minister promoting "high-return programmes." Prosecutorial authorities and the Cyber Crime Division of the Hellenic Police have been notified.
Enforcement Investigations & enforcement actions Fraud and scams
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2025-11-14•Greece•Ministry of National Economy and Finance (Greece)
Greece's Ministry of National Economy and Finance outlined macro-fiscal assumptions for the 2026 budget, forecasting 2.4% GDP growth and a 2.8% primary surplus, with public debt projected to fall to 137.6% of GDP. Debt management plans include a "light" 2026 borrowing programme and early repayment of the first bailout package by 2031. Minister Pierrakakis supported Euronext's offer for the Athens Stock Exchange and emphasized a legally robust approach to frozen Russian assets, with an EU decision expected soon.
Policy & regulation Reform agendas & priorities
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2025-11-14•Austria•Austrian National Bank (OeNB)
The Austrian National Bank hosted the TIBER-EU Provider Conference, now "T-REX 2025," in Vienna, focusing on threat-led penetration testing (TLPT) mandated by the EU Digital Operational Resilience Act (DORA). With DORA in effect, TLPT is now compulsory for many financial firms, transitioning from voluntary TIBER tests while maintaining the TIBER-EU framework. The event emphasized experience-sharing and cooperation among 200 participants, highlighting TLPT as both a learning exercise and a supervisory tool.
Policy & regulation Cooperation Cyber resilience
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2025-11-14•Zimbabwe•Zimbabwe Insurance and Pensions Commission
Zimbabwe's Insurance and Pensions Commission will host the Organization of African Insurance Supervisory Authorities Annual General Assembly in Harare from 17 to 20 November 2025. The event will focus on regulatory cooperation, resilient insurance markets, consumer protection, and financial inclusion, featuring discussions on agricultural index-based insurance and opportunities related to the African Continental Free Trade Area.
Supervision Cooperation Cross-border cooperation
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2025-11-14•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority released the Exchange Fund’s analytical accounts for October 2025, revealing a HKD 50.0 billion increase in foreign assets to HKD 3,509.1 billion. The Monetary Base stood at HKD 2,026.7 billion, with claims on the private sector at HKD 313.4 billion and foreign liabilities at HKD 36.5 billion. The HKMA issues four Exchange Fund data releases monthly, including under the International Monetary Fund’s Special Data Dissemination Standard.
Data & statistics Balance of payments and other external statistics
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2025-11-14•Hong Kong•Hong Kong Monetary Authority
The Hong Kong Monetary Authority (HKMA) issued a scam alert about fraudulent websites and phishing targeting The Bank of East Asia, Shanghai Commercial Bank, and Chong Hing Bank. The HKMA emphasized banks will not send SMS or emails with hyperlinks for transactions or request sensitive information via phone, email, or SMS. Affected individuals should contact their bank and report to the Crime Wing Information Centre of the Hong Kong Police Force.
Supervision Alerts Fraud and scams
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2025-11-14•Global•Ceres
Ceres backs California's proposal for major insurers to submit plans for managing climate and financial risks, calling it a pioneering US solvency requirement. The letter cites recent market stress, including $25-40 billion in losses from the January 2025 Los Angeles wildfires and growth in the California FAIR Plan. Ceres suggests aligning with Task Force on Climate-related Financial Disclosures cycles, offering guidance for smaller carriers, mandating public disclosure, and updating plans regularly.
Policy & regulation Rules & requirements Climate risk and sustainable finance
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2025-11-14•Kazakhstan•Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
At the XIII Congress of Kazakhstan Financiers, the Agency for Regulation and Development of the Financial Market outlined its reform agenda, focusing on a draft new Banking Law and prudential measures. Key reforms include "basic" and "universal" banking licenses, proportional regulation, and measures to rebalance credit growth. Additionally, a new law mandates a decision-making period for unsecured loans and requires banks to implement antifraud systems.
Policy & regulation Reform agendas & priorities Other
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2025-11-14•Thailand•Thailand Office of Insurance Commission
The Thailand Office of Insurance Commission (OIC) conducted an ESG-focused study visit in Chiang Rai to enhance its internal ESG capacity-building programme. The delegation examined sustainability practices at the Mae Fah Luang Foundation and Singha Park Chiang Rai, focusing on holistic development, green operations, and social enterprise initiatives. The OIC aims to integrate these insights into its internal processes and governance.
Institutional development Cooperation & capacity building ESG
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2025-11-14•Mexico•CONDUSEF
Mexico's CONDUSEF issued an alert about the impersonation of AHORA TÚ, MÁS, S.A.P.I. de C.V., SOFOM, E.N.R. Fraudsters use WhatsApp and lendrock.com.mx to offer fake car loans and request upfront payments. AHORA TÚ, MÁS clarified it does not provide auto financing and urged users to verify financial institutions in SIPRES and treat advance payment requests as red flags.
Supervision Alerts Fraud and scams
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2025-11-14•Slovenia•Central Bank of Slovenia
The Central Bank of Slovenia reported that Slovenia's GDP grew by 0.8% quarter-on-quarter and 1.7% year-on-year in Q3, surpassing euro area growth rates. Despite strong domestic demand and increased public infrastructure investment, export activity declined, and the central bank anticipates weaker GDP growth for the year compared to the previous two years, with new projections expected in December.
Monetary policy Monetary policy assessments & outlooks Economic data and developments
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2025-11-14•Bosnia and Herzegovina•Central Bank of Bosnia and Herzegovina
The Central Bank of Bosnia and Herzegovina, with the Institute for Youth Development KULT and the Embassy of Sweden, presented findings showing youth financial literacy below OECD standards. The study noted limited economic understanding, with young people prioritizing spending over saving but showing a positive attitude towards responsible borrowing. Recommendations include practical financial education, digital tools, and partnerships with financial institutions to improve literacy.
Research Financial literacy and education
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2025-11-14•Bosnia and Herzegovina•Central Bank of Bosnia and Herzegovina
The Central Bank of Bosnia and Herzegovina reported on Governor Jasmina Selimovic’s meeting with Germany’s ambassador, Alfred Grannas, discussing macroeconomic projections, monetary stability, and Bosnia and Herzegovina’s integration with the European market. Key topics included SEPA membership, German foreign direct investment, and cooperation with the Deutsche Bundesbank. Both parties agreed to focus on financial stability, payment system modernization, and support for European integration.
Policy & regulation Cooperation Cross-border cooperation
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2025-11-14•Brazil•Brazilian Superintendence of Private Insurance (SUSEP)
The Brazilian Superintendence of Private Insurance (SUSEP) participated in the 45th Brazilian Congress of Internal Audit, focusing on the evolving role of internal audit in corporate governance. Discussions included using artificial intelligence, data analytics, and continuous auditing to enhance governance, risk management, and internal controls. SUSEP aims to integrate its audit function more closely with its Governance, Risk and Controls Committee and integrity bodies.
Institutional development Cooperation & capacity building Auditing
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2025-11-14•Global•IOSCO
IOSCO released a final report on pre-hedging, proposing a definition and guidance for jurisdictions considering regulatory changes. The report aims to harmonize interpretation across regions and enhance clarity for market participants, emphasizing that IOSCO's recommendations are not legally binding. Key recommendations include limiting pre-hedging to risk management, ensuring client benefit, and implementing robust governance and compliance measures.
Policy & regulation International standards & recommendations Trading
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2025-11-14•Sint Maarten & Curacao•Central Bank of Sint Maarten & Curacao
The Central Bank of Curaçao and Sint Maarten hosted the 65th Bi-Annual Meeting of CARICOM Central Bank Governors, focusing on regional economic resilience and global challenges like climate risk. Discussions included developing a Regional Green Financial Taxonomy and piloting the CARICOM Payment and Settlement System (CAPSS) to enhance financial inclusion and cross-border transactions. Governors emphasized the importance of public institutions in digital technology evolution, addressing cybersecurity and the role of the U.S. dollar amid stablecoin growth.
Policy & regulation Implementation, projects & pilots Climate risk and sustainable finance
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2025-11-14•Sint Maarten & Curacao•Central Bank of Sint Maarten & Curacao
The Central Bank of Curaçao and Sint Maarten hosted the 2025 Adlith Brown Memorial Lecture, featuring Jeanette Semeleer, President of the Central Bank of Aruba, as the keynote speaker. Semeleer discussed Aruba's strategy for economic resilience through diversification, human capital investment, and environmental stewardship. The lecture emphasized crisis management and institutional collaboration in addressing geopolitical and climate challenges.
Other Climate risk and sustainable finance
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2025-11-14•South Africa•South African Reserve Bank
The South African Reserve Bank has released a list of registered and active institutional investors on its website.
Data & statistics Other
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2025-11-14•South Africa•South African Reserve Bank
The South African Reserve Bank's Prudential Authority, with Finance Minister approval, exempts specified payment activities from the Banks Act under conditions. These include issuing electronic money, payment instruments, and third-party payment services, regulated under the National Payment System Act. The exemption facilitates these activities under Reserve Bank oversight, excluding credit and investment activities.
Policy & regulation Rules & requirements Payments and payment systems
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2025-11-14•South Africa•South African Reserve Bank
The South African Reserve Bank's draft directive proposes an activity-based framework for authorising and supervising entities in domestic payment activities. It outlines requirements for e-money and payment instrument issuance, excluding cross-border payments, with tiered thresholds and capital requirements based on transaction values. It mandates safeguarding client funds, governance standards, and reporting expectations, with specific capital requirements for non-bank applicants.
Policy & regulation Rules & requirements Payments and payment systems
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2025-11-14•Philippines•Central Bank of the Philippines
The Central Bank of the Philippines (Bangko Sentral ng Pilipinas) issued a public alert against fraudulent text messages mimicking legitimate financial institutions with malicious links. The BSP emphasized that banks will not send clickable links via text or email, referencing BSP Memorandum No. M-2022-015. The public is advised to avoid clicking links, enable multi-factor authentication, and report incidents to relevant authorities.
Supervision Alerts Fraud and scams
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2025-11-14•Philippines•Central Bank of the Philippines
During the 36th National Statistics Month, the Central Bank of the Philippines emphasized reliable data's role in policy design and monitoring Sustainable Development Goals. The event, themed “Accelerating the Sustainable Development Goal Pace of Progress: Mobilizing Data for All,” included activities by the Philippine Statistical System to promote inclusive data use. The Philippine Statistics Authority acknowledged contributions from various sectors in advancing effective statistical practices.
Other
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2025-11-14•South Korea•South Korea Financial Supervisory Service
In October 2025, foreign investors were net buyers of KRW4.2050 trillion in South Korean stocks and net sellers of KRW178.0 billion in bonds. European investors, especially from the UK and Ireland, led stock purchases, while the US was the largest net seller. Bond activity showed net purchases from Europe but net sales from Asia and the Middle East, with significant selling in bonds maturing in less than one year.
Data & statistics Foreign exchange policy and markets
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2025-11-14•South Korea•South Korea Financial Services Commission
The South Korea Financial Services Commission and the Credit Counseling and Recovery Service launched the KRW550 billion "New Leap Loan" programme to aid debtors with overdue debts of seven years or more. Formalized through an MOU with major banks and Seoul Guarantee Insurance, it offers loans up to KRW15 million at 3.0% to 4.0% interest for three years. Additionally, a special restructuring support programme is available for debtors with overdue debts of five years or more, providing principal reductions and instalment plans.
Policy & regulation Implementation, projects & pilots Lending
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2025-11-14•Europe•European Central Bank
ECB Executive Board member Frank Elderson stressed "simplification without deregulation" at the ECB Forum on Banking Supervision 2025, aiming to reduce prudential regulation complexity while maintaining bank resilience. He highlighted reforms to the Supervisory Review and Evaluation Process (SREP) and the "next-level supervision" project, using machine learning and fast-track processes. The ECB's Governing Council has set up a High-Level Task Force on Simplification to propose further regulatory simplifications by the end of 2025.
Policy & regulation Reform agendas & priorities Capital adequacy Asset quality
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2025-11-14•Kazakhstan•Astana Financial Services Authority
The Astana Financial Services Authority (AFSA) is reviewing the AIFC Public Register to verify the operational status of registered entities and enhance oversight. This involves checking annual report submissions, registration details, and compliance with AIFC Acts, with non-responsive firms potentially being struck off. The initiative aligns with international anti-money laundering and counter-terrorist financing standards.
Supervision Reviews, inspections & stress tests Other
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2025-11-14•Europe•European Council
At the Sixth European Central Bank Forum on Banking Supervision, the European Council stressed enhancing euro area banking resilience and financial integration. The speech emphasized deeper capital markets, the Savings and Investment Union, and completing the Banking Union, while warning against regulatory fragmentation and advocating for supervisory independence and transparency. It also called for regulatory simplification and action on recommendations from Enrico Letta and Mario Draghi.
Policy & regulation Reform agendas & priorities Financial stability and systemic risk Supervision process and methodologies
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2025-11-14•Europe•European Council
Eurogroup President Paschal Donohoe will deliver the keynote speech at the European Central Bank Forum on Banking Supervision in Frankfurt, focusing on "Shaping financial regulation in the era of distrust." Donohoe will highlight the euro area's resilience to recent shocks and emphasize the Single Supervisory Mechanism's role in stability, advocating for regulation that supports bank adaptation and innovation.
Other
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2025-11-14•Europe•European Central Bank
The European Central Bank's weekly financial statement shows the Eurosystem balance sheet rose to EUR 6,157,668 million, with increased deposit facility and reduced monetary policy securities holdings. Euro area securities decreased to EUR 4,111,325 million, lending to credit institutions fell to EUR 19,861 million, banknotes in circulation declined to EUR 1,591,541 million, and liabilities to credit institutions related to monetary policy operations decreased to EUR 2,677,845 million.
Data & statistics Balance of payments and other external statistics
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2025-11-14•Estonia•Central Bank of Estonia
The Central Bank of Estonia's survey on residents' payment behaviour reveals high satisfaction with bank payment solutions but ongoing concerns about scams. While physical shops remain the primary venue for everyday purchases, there is a notable shift from physical bank cards to smartphones and smartwatches, particularly among younger consumers. Despite this trend, cash remains valued, and a cashless society is largely opposed.
Data & statistics
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2025-11-14•Malaysia•Malaysia Securities Commission
The Securities Commission Malaysia released the Corporate Governance Monitor 2025, highlighting progress in adopting the Malaysian Code on Corporate Governance among public listed companies. Key findings include improved board governance indicators and sustainability practices, though challenges remain in gender diversity and remuneration disclosure. Insights from the monitor will inform revisions to the Code, focusing on board leadership, technology governance, and stakeholder engagement.
Policy & regulation Guidance & interpretation Corporate governance
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2025-11-14•Malawi•Reserve Bank of Malawi
The Reserve Bank of Malawi, as liquidator of Alliance Capital Limited, has requested investors to submit identification and investment documents in person for record reconciliation. Failure to comply may delay future distributions. Submission windows are scheduled in Blantyre, Lilongwe, and Mzuzu in late November 2025.
Supervision Regulatory reporting Client asset custody and safekeeping
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2025-11-14•Brazil•Brazil Securities Commission (CVM)
Brazil’s Securities Commission (CVM) initiated a public survey to inform its 2026–2028 Open Data Plan, focusing on dataset prioritization for the CVM Open Data Portal. The survey aims to map data usage and gather feedback to enhance public access and data exchange with other public-sector entities.
Policy & regulation Implementation, projects & pilots Other
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2025-11-14•Albania•Albania Financial Services Authority
The Albania Financial Services Authority concluded the International Association of Insurance Supervisors' Annual Conference in Tirana, the first in the Balkans. Over 500 participants from 130 jurisdictions attended, focusing on risks, resilience, and supervisory consolidation in insurance markets. Key discussions included regulatory leadership and scalable insurance solutions to enhance financial resilience.
Supervision Cooperation Cross-border cooperation
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2025-11-14•Azerbaijan•Central Bank of the Republic of Azerbaijan
The Central Bank of the Republic of Azerbaijan attended an IMF regional event in Zurich on central bank governance and policy frameworks. Deputy Governor Ali Ahmadov discussed enhancing the monetary policy framework and macroeconomic stability, while Monetary Policy Department Director Azer Alasgarov outlined communication strategies and information disclosure initiatives. The event, from 10–12 November, was organized by the IMF’s Regional Capacity Development Center with support from the Swiss National Bank and Deutsche Bundesbank.
Policy & regulation Cooperation Monetary policy decisions and developments
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2025-11-14•Paraguay•Central Bank of Paraguay
The Central Bank of Paraguay published a Social Security Council notice listing admitted and rejected applicants in the competition to shortlist candidates for Superintendent of Retirement and Pensions. The update also opens a two-business-day period for objections and claims related to applications and document checks. After that review, the process will move to the final admitted list, curriculum assessment and interviews.
Institutional development Workforce & recruitment Other
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2025-11-14•Philippines•Philippine Securities and Exchange Commission
The Philippine Securities and Exchange Commission approved Metro Pacific Tollways Corporation’s debt securities programme of up to PHP 20 billion, including a fixed-rate bond offering. The offer consists of a base amount of PHP 15 billion with an oversubscription option of up to PHP 5 billion, across three-year Series A, five-year Series B, and 10-year Series C bonds. Net proceeds, if fully subscribed, are expected to be around PHP 19.73 billion, aimed at funding tollway projects, debt refinancing, and other corporate purposes.
Supervision Authorisations & approvals Securities offerings and listings
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2025-11-14•Global•United Nations Environment Programme Finance Initiative
The UNEP FI released the first progress report of the UN-convened NZECA and a paper on greenhouse gas accounting for trade finance, coinciding with COP30. The report highlights that all full members aim for net-zero emissions by 2050, with some advancing targets to 2045 and reporting emissions reductions. NZECA members have set intermediate decarbonization targets, ceased support for unabated fossil fuel energy, and are implementing sustainable finance instruments, with projects like Poland's Baltyk offshore windfarms exemplifying transition efforts.
Policy & regulation Implementation, projects & pilots Climate risk and sustainable finance
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2025-11-14•Russia•Central Bank of Russia
The Central Bank of Russia participated in the 29th meeting of the Advisory Board on Foreign Exchange Policy of the central banks of Eurasian Economic Union member states, discussing economic conditions, monetary policy, and digital financial asset regulation. The meeting included representatives from Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Governor Elvira Nabiullina also addressed the 13th Congress of Financiers of Kazakhstan.
Policy & regulation Cooperation Cross-border cooperation
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2025-11-14•United Kingdom•Prudential Regulation Authority
The Prudential Regulation Authority (PRA) has released a discussion paper on potential changes to the prudential framework, enabling UK life insurers to access alternative third-party capital via risk transfers to capital market investors. The exploratory paper addresses market feedback on traditional equity and debt accessibility and outlines potential structures and prudential issues. The PRA plans further work in 2026, including policy design and a cost-benefit analysis, with His Majesty’s Treasury.
Policy & regulation Reform agendas & priorities Capital adequacy
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2025-11-14•United States•U.S. Financial Services Committee
The U.S. House Financial Services Committee released a commentary by Rep. Monica De La Cruz on legislative efforts to address housing challenges, focusing on disabled veterans and federal housing spending transparency. The House passed the Disabled Veterans Housing Support Act to expedite housing access for disabled veterans. Additionally, the HUD Transparency Act was introduced to enhance accountability in federal housing expenditure.
Policy & regulation Rules & requirements Other
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2025-11-14•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic approved three senior appointments for domestic banks, including Saltanat K. Alybaeva as Chair of the Audit Committee at CJSC Bank Asia. Nazgul A. Kadyrkulova was approved as Chief Accountant at OJSC O!Bank, and Salavat Z. Asanov as Deputy Chief Accountant at OJSC Keremet Bank.
Supervision Authorisations & approvals Licence approval
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2025-11-14•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic fined an exchange bureau in Bishkek KGS 55,000 for breaching Kyrgyz legislation and the bank's regulatory legal acts.
Enforcement Investigations & enforcement actions Unlicensed or unauthorized activity
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2025-11-14•Kyrgyzstan•National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic's chairman, Melis Turgunbaev, addressed the XIII Congress of Financiers of Kazakhstan, discussing monetary policy, payment system development, and the digital som. He emphasized maintaining tight monetary conditions due to high economic activity and inflationary pressure. Turgunbaev outlined the digital som's potential benefits, including cost reduction, faster settlements, and enhanced transaction transparency.
Monetary policy Monetary policy assessments & outlooks Monetary policy decisions and developments
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2025-11-14•Kyrgyzstan•National Bank of the Kyrgyz Republic
National Bank of the Kyrgyz Republic chair Melis Turgunbaev participated in the 29th meeting of the Consultative Council on Currency Policy of Eurasian Economic Union central banks. The meeting in Almaty focused on the economic situation, monetary policy implementation, and regulation of digital financial assets and cryptocurrencies in EAEU member states.
Policy & regulation Cooperation Foreign exchange policy and markets
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2025-11-14•Thailand•Thailand Securities & Exchange Commission
The Securities and Exchange Commission, Thailand participated in the 43rd ASEAN Capital Markets Forum Chairs Meeting in Malaysia, endorsing the ACMF Action Plan 2026–2030. As Chair of the Working Group on Collective Investment Schemes and Digital Asset Supervision, the SEC reported on cross-border investment management and digital asset supervision initiatives. The ACMF International Conference 2025 unveiled outputs, including the ASEAN Taxonomy for Sustainable Finance Version 4 and the ACMF Voluntary Carbon Market Development Plan.
Policy & regulation Cooperation Climate risk and sustainable finance
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2025-11-14•Thailand•Thailand Securities & Exchange Commission
The Thailand Securities and Exchange Commission (SEC) urges GRAND25OA bondholders to review information and vote at an electronic meeting on 19 November 2025 regarding proposed waivers and amendments to bond terms. Key proposals include extending bond maturity by two years, increasing the interest rate, restructuring principal repayments, and altering early redemption and collateral release mechanics. Bondholders' representatives must assess the implications of these changes.
Supervision Interventions Securities offerings and listings
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2025-11-14•Malta•Central Bank of Malta
The Central Bank of Malta has signed an updated Memorandum of Understanding with the Malta Statistics Authority and the National Statistics Office to enhance cooperation on economic and financial statistics. The agreement emphasizes the exchange of statistical information and aims to strengthen collaboration in data compilation and sharing.
Institutional development Cooperation & capacity building Cross-border cooperation
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2025-11-14•Malta•Central Bank of Malta
Central Bank of Malta Governor Edward Scicluna highlighted the resilience yet fragility of the global economy in his remarks at the Institute of Financial Services for Malta’s annual dinner. He noted Malta's economic growth surpasses the European Union average, with stable inflation, record low unemployment, and strong financial stability.
Monetary policy Monetary policy assessments & outlooks Economic data and developments Financial stability and systemic risk
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2025-11-14•Sweden•Finansinspektionen
The Swedish Financial Supervisory Authority has set the annual percentage adjustments for injury annuities for 2026, effective 1 January 2026. These adjustments are based on an index linked to changes in Sweden's price base amount and vary depending on the type of annuity and the timing of the injury and annuity determination. The information is primarily relevant for payers such as insurance companies and the Swedish Social Insurance Agency.
Policy & regulation Rules & requirements Other
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2025-11-14•United States•U.S. Department of Justice
The U.S. Department of Justice indicted Guanhua Su, a Hong Kong businessman, for conspiring to file false investment adviser forms with the U.S. Securities and Exchange Commission (SEC) for shell entities used to mislead investors. Su allegedly promoted a NASDAQ-listed company with exaggerated returns, resulting in significant stock sales before a price drop. The SEC has filed related civil actions against several entities involved.
Enforcement Investigations & enforcement actions Fraud and scams
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2025-11-14•United States•U.S. Department of Justice
The U.S. Department of Justice sentenced Travis Ford, CEO of Wolf Capital Crypto Trading LLC, to 60 months in prison for a cryptocurrency fraud conspiracy that raised approximately USD 9.4 million from 2,800 investors. Ford admitted to promising unrealistic returns and misappropriating funds, pleading guilty to conspiracy to commit wire fraud. Over USD 1 million in forfeiture and USD 170,000 in restitution were ordered.
Enforcement Investigations & enforcement actions Fraud and scams
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2025-11-14•Pakistan•State Bank of Pakistan
State Bank of Pakistan Governor Jameel Ahmad outlined a decade-long transformation plan for Pakistan's banking system at the 10th Pakistan Banking Awards, emphasizing innovation, inclusion, and responsibility. He urged banks to focus on private-sector needs, particularly SMEs and small depositors, and highlighted priorities such as digitalization, AI integration, and climate risk management. Meezan Bank won the Best Bank Award, with other winners including The Bank of Punjab, Bank Alfalah, Kashf Foundation, Faysal Bank, and HBL.
Policy & regulation Reform agendas & priorities Climate risk and sustainable finance
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2025-11-14•Chile•Central Bank of Chile
The Central Bank of Chile has launched a new "Open Market Operations" chapter in its Statistical Database, consolidating previously dispersed information to enhance user access. This chapter includes data on liquidity management tools, interbank market transactions, debt instruments, foreign exchange operations, and liquidity measures. The reorganisation was spearheaded by the Department of Monetary and Financial Statistics.
Data & statistics Monetary data Financial and market indicators
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2025-11-14•Moldova•National Commission for Financial Markets
Moldova's National Commission for Financial Markets adopted measures for capital markets and consumer protection, including new shareholder identification requirements and amendments to Central Securities Depository rules for T+1 settlement by September 2026. The Commission also made issuer-register decisions, including share removals and registrations, and concluded supervisory actions against an insurer and currency exchange units for legal breaches.
Policy & regulation Rules & requirements Corporate governance
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2025-11-14•Chile•Chile Financial Market Commission
The Chile Financial Market Commission (CMF) sanctioned seven Professional Sports Organizations for not meeting disclosure obligations under General Rule No. 201, imposing fines from UF 90 to UF 190 and issuing a censure. The CMF stressed the importance of timely financial reporting for transparency with both the CMF and the public. Additionally, the CMF informed the National Sports Institute about the delayed submissions for further action.
Enforcement Sanctions & designations Accounting and financial reporting
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2025-11-14•Chile•Chile Financial Market Commission
The Chile Financial Market Commission sanctioned five securities issuers for late financial statements, violating General Rule No. 30. Alfa Transmisora de Energia S.A. and Sociedad Agricola La Rosa Sofruco S.A. received censures, while fines were imposed on Inmobiliaria La Republica S.A. (UF 120), Sociedad Concesionaria Salud Siglo XXI S.A. (UF 125), and Sudmedica Quillota S.A. (UF 250). The CMF emphasized the importance of timely financial reporting for supervisory and market decision-making.
Enforcement Investigations & enforcement actions Accounting and financial reporting
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2025-11-14•Chile•Chile Financial Market Commission
The Chile Financial Market Commission has sanctioned Centella Transmision S.A., Distribuidora de Energia Electrica Mataquito S.A., and Transchile Charrua Transmision S.A. for breaching disclosure obligations. The entities failed to submit annual financial information as required under General Rule No. 475, according to Exempt Resolution No. 11,494.
Enforcement Investigations & enforcement actions Accounting and financial reporting
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2025-11-14•Chile•Chile Financial Market Commission
The Chile Financial Market Commission (CMF) will publish the certificate setting the Conventional Current and Maximum Interest Rates in the Official Gazette on 15 November. As required by Law No. 18.010, this information is also available on the CMF website in advance.
Policy & regulation Rules & requirements Financial and market indicators
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2025-11-14•Canada•British Columbia Financial Services Authority
The British Columbia Financial Services Authority (BCFSA) held its 2025 Financial Services Sector Forum in Vancouver, discussing economic, technological, and policy impacts. BCFSA CEO Tolga Yalkin emphasized the shared responsibility of regulators and industry to maintain sector confidence. The event featured insights from British Columbia’s Minister of Finance and former Bank of Canada Governor, with panels on economic pressures and regulatory discussions on innovation and consumer protection.
Policy & regulation Cooperation Other
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2025-11-14•Canada•British Columbia Financial Services Authority
The British Columbia Financial Services Authority released CEO Tolga Yalkin’s remarks from the 2025 Financial Services Sector Forum, emphasizing public confidence as essential to a well-functioning financial system. Yalkin highlighted global pressures from volatility and technological changes, advocating for principles like fairness and transparency over prescriptive rules. The forum agenda included discussions on economic shifts and housing policy reforms, featuring speakers such as Stephen Poloz and regulators from Ontario and Quebec.
Policy & regulation Guidance & interpretation Other
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2025-11-14•Norway•Norwegian Finanstilsynet
The Norwegian Financial Supervisory Authority updated the 2025 Anti-Money Laundering Conference on enhancements in anti-money laundering and counter-terrorist financing efforts. Key changes include a new service location in Hamar, improved cooperation with public agencies, and revised supervisory processes. The authority also discussed implementing the EU's sixth anti-money laundering package and its observer role in the Authority for Anti-Money Laundering and Countering the Financing of Terrorism.
Supervision Supervision approach, priorities & toolkit AML and CFT