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  • 2025-08-07RussiaCentral Bank of Russia

    Central Bank of Russia reports banks blocked 38.7 million fraud attempts and prevented RUB 3.4 trillion in thefts in 2025 Q2

    The Central Bank of Russia released its Review of Reporting on Information Security Incidents Related to Funds Transfers for April–June 2025, highlighting banks' interception of 38.7 million fraudulent transactions, preventing losses of RUB 3.4 trillion. Despite this, 273,100 fraudulent transactions worth RUB 6.3 billion were completed. The central bank also blocked 20,200 phone numbers and 13,400 fraudulent websites and social media pages.

    SupervisionRisk monitoring & watch pointsFraud and scams
  • 2025-08-07United StatesU.S. Financial Services Committee

    U.S. House Committee on Financial Services leaders welcome President Trump’s executive order expanding private-market access in 401(k) plans

    U.S. House Financial Services Chairman French Hill and Capital Markets Subcommittee Chair Ann Wagner endorsed President Trump's order to broaden access to private-market investments in U.S. retirement plans. The order aims to include private assets in 401(k) plans, expanding options for workers. The lawmakers plan to collaborate with the Department of Labor and the SEC to ensure effective implementation.

    Policy & regulationImplementation, projects & pilotsOther
  • 2025-08-07ChileCentral Bank of Chile

    Central Bank of Chile publishes August Business Perceptions Report showing moderating activity and subdued credit demand

    The Central Bank of Chile's August Business Perceptions Report highlights a slowdown in business performance, particularly in retail and tourism, with construction lagging and private housing as the weakest segment. Mining remains a key investment driver in the north, while credit conditions and staffing levels show little change, with stable financial conditions but weak credit demand. Labour availability has improved, though technical roles remain tight.

    Data & statisticsEconomic data and developments
  • 2025-08-07EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority chairmanship renewed as Mohamed Farid is reappointed for a fourth one-year term from 7 August 2025

    Egypt’s President Abdel Fattah El-Sisi has renewed Dr Mohamed Farid Saleh’s assignment as Chairman of the Egypt Financial Regulatory Authority for a fourth term, effective 7 August 2025. Farid has overseen fintech digitisation, insurance reforms, and a regulated voluntary carbon market. Other achievements include rules for special purpose acquisition companies, protections for minority shareholders, and the launch of gold investment funds.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2025-08-07GlobalInternational Monetary Fund

    International Monetary Fund reviews offline retail CBDC technologies and identifies need for tailored access channels and risk controls

    The International Monetary Fund reviewed technologies for retail central bank digital currency payments in limited or no-connectivity environments and found that no single solution meets all needs. Central banks should use jurisdiction-specific combinations of access channels and mitigate offline risks through limits, reconciliation, secure environments and monitoring. Phased deployment would allow security, privacy and operational controls to evolve with the technology.

    ResearchCBDCPayments and payment systemsOperational risk and resilience
  • 2025-08-07United StatesFederal Reserve Board

    Federal Reserve Board solicits applications for new members of its Insurance Policy Advisory Committee

    The Federal Reserve Board is seeking individuals with diverse expertise in life insurance, property and casualty, and reinsurance to join its Insurance Policy Advisory Committee (IPAC). The committee consists of 21 members serving staggered three-year terms, with seven new members selected annually.

    Institutional developmentLeadership change & appointmentsHiring and recruitment
  • 2025-08-07United StatesCommodity Futures Trading Commission

    US Commodity Futures Trading Commission divisions grant no-action relief from swap data reporting and recordkeeping for certain event contracts on Railbird Exchange cleared by QC Clearing

    The CFTC’s Divisions of Market Oversight and Clearing and Risk issued a no-action position on swap data reporting and recordkeeping for event contracts, following a request from Railbird Exchange, LLC and QC Clearing LLC. The relief exempts these entities and their participants from certain swap-related requirements for binary option and variable payout contract transactions, contingent on meeting specific terms. This aligns with previous no-action letters for similar markets and clearing organizations.

    Policy & regulationGuidance & interpretationRegulatory reporting
  • 2025-08-07MoldovaNational Commission for Financial Markets

    Moldova's National Commission for Financial Markets registers securities issuances and prepares court action to nullify abusive consumer credit clauses

    Moldova's National Commission for Financial Markets (CNPF) announced decisions from its 5 August 2025 board meeting, including authorizations for capital market activities and consumer-credit supervision. Key authorizations involved share and bond issuances by JSC INCOMLAC, JSC JLC, and MOLDOVA-AGROINDBANK JSC, while supervision actions targeted IUTE CREDIT SRL's non-compliance with consumer credit laws. The CNPF plans legal action to nullify abusive contract clauses and upheld previous decisions against BUSINESS PAY SRL and EASY CREDIT SRL.

    SupervisionAuthorisations & approvalsSecurities offerings and listings
  • 2025-08-07ChileChile Financial Market Commission

    Chile Financial Market Commission delays coordinates card phase-out and reinforced client authentication mandate to 1 August 2026

    The Chile Financial Market Commission has postponed the removal of coordinates cards for user authentication in payments and electronic transactions to 1 August 2026, aligning it with the start of mandatory Reinforced Client Authentication. This extension under General Rule No. 538 allows issuers more time to transition to stronger authentication methods, ensuring uninterrupted access to financial products and keeping clients informed.

    Policy & regulationRules & requirementsCyber resilience
  • 2025-08-07GreeceHellenic Capital Market Commission

    Hellenic Capital Market Commission approves GI.EL.DI. Holding and METLEN Energy & Metals squeeze-out requests

    The Hellenic Capital Market Commission has approved GI.EL.DI. Holding Société Anonyme and METLEN Energy & Metals PLC to exercise squeeze-out rights on shares of MYLOI KEPENOU Industrial and Commercial Société Anonyme and METLEN Energy & Metals S.A., respectively, under Article 27 of Law 3461/2006.

    SupervisionAuthorisations & approvalsLicence approval
  • 2025-08-07United StatesOffice of the Comptroller of the Currency

    United States' Office of the Comptroller of the Currency backs Executive Order on fair banking and signals rulemaking and supervisory reviews on debanking

    The Office of the Comptroller of the Currency (OCC) supports President Donald J. Trump's Executive Order on fair banking and outlines actions against politicized or unlawful debanking. The OCC has removed references to reputation risk from its guidance and plans to propose a rule for regulatory changes. It will review supervised institutions for compliance and consider further preventive measures.

    Policy & regulationRules & requirementsOther
  • 2025-08-07VietnamState Bank of Vietnam

    State Bank of Vietnam discusses expanded cooperation with MUFG on ESG, green finance and international financial centre planning

    The State Bank of Vietnam hosted MUFG Group CEO Hironori Kamezawa and VietinBank leaders to discuss MUFG's strategic partnership with Vietnamese authorities. Topics included MUFG's role in connecting Japanese businesses with Vietnamese policymakers, support for Vietnam's international financial centre model, and collaboration on digital transformation, green finance, and ESG initiatives. Governor Nguyen Thi Hong emphasized alignment with Vietnam's priorities and plans to enhance cooperation with MUFG.

    Policy & regulationCooperationCross-border cooperation
  • 2025-08-07VietnamState Bank of Vietnam

    State Bank of Vietnam tasked to urgently propose amendments to Decree 24 on gold market management and support lower interest rates with exchange rate stability

    Prime Minister Pham Minh Chinh outlined monetary-policy priorities for the State Bank of Vietnam, emphasizing macroeconomic stability, inflation control, and growth support. The SBV was instructed to urgently propose amendments to Decree 24 on the gold market and focus on exchange rate stabilization. The banking system is to enhance governance, reduce costs, and manage non-performing loans while directing credit to growth sectors.

    Policy & regulationReform agendas & prioritiesOther
  • 2025-08-07ChinaChina Banking and Insurance Regulatory Commission

    China Banking and Insurance Regulatory Commission discloses rectification actions after National Bureau of Statistics inspection of regulatory statistics

    The China Banking and Insurance Regulatory Commission released a rectification progress report detailing measures to enhance governance, legal compliance, and data quality controls for financial regulatory statistics. The report includes a centrally led remediation plan, development of a statistical indicator system, and steps to prevent statistical falsification. It outlines efforts to improve data quality, review regulatory projects, and standardize processes to mitigate external interference risks.

    Policy & regulationImplementation, projects & pilotsRegulatory reporting
  • 2025-08-07BurundiBank of the Republic of Burundi

    Bank of the Republic of Burundi trains supervisory staff on digital payment system oversight ahead of 2026 full digitalisation plans

    The Bank of the Republic of Burundi has initiated a nine-day training programme to enhance supervisory capacity in digital payment systems. The programme focuses on digitalisation strategy, Suptech, and technologies suitable for Burundi to support financial inclusion and sector stability. This initiative aligns with the goal to fully digitalise Burundi's payment systems by 2026.

    Institutional developmentCooperation & capacity buildingSupervision process and methodologies
  • 2025-08-07ArgentinaCentral Bank of Argentina

    Central Bank of Argentina reopens USD current accounts and permits cheques only via electronic ECHEQ with systems changes due by 1 December 2025

    The Central Bank of Argentina has re-authorised USD-denominated current accounts and restricted USD cheque issuance to the electronic cheque channel (ECHEQ), enhancing USD payment instruments. This measure positions ECHEQ as a negotiable financing tool for micro, small, and medium-sized enterprises by reducing costs and enabling remote negotiation. It complements previous measures allowing debit card and interoperable QR payments in both ARS and USD.

    Policy & regulationRules & requirementsPayments and payment systems
  • 2025-08-07United StatesThe White House

    The White House issues executive order directing the Department of Labor and SEC to facilitate 401(k) access to alternative assets

    The White House issued an executive order allowing Americans to access alternative assets in 401(k) and other defined-contribution plans, contingent on fiduciary approval. The Department of Labor will review ERISA fiduciary duties and propose rules to balance higher expenses with long-term returns, while the SEC will explore facilitating access through potential regulatory revisions. The order includes private market investments, real estate, digital assets, and other alternative assets.

    Policy & regulationReform agendas & prioritiesOther
  • 2025-08-07CaribbeanCaribbean Financial Action Task Force (CFATF)

    Caribbean Financial Action Task Force re-rates Grenada on four FATF recommendations, 31 of 40 now compliant or largely compliant

    The Caribbean Financial Action Task Force has issued Grenada’s third enhanced follow-up report, re-rating four FATF Recommendations from Partially Compliant to Largely Compliant. Grenada is now Compliant or Largely Compliant on 31 of 40 recommendations. The report covers technical compliance only, not effectiveness.

    Policy & regulationPeer reviews and country evaluationsAML and CFT
  • 2025-08-07United StatesU.S. Department of the Treasury

    U.S. Department of the Treasury’s OFAC designates 18 parties tied to Iran’s sanctions evasion banking channels and surveillance technology

    The U.S. Treasury’s OFAC has designated 18 entities and individuals crucial to Iran’s revenue and sanctions circumvention, including Iran’s Cross-Border Interbank Messaging System, Cyrus Offshore Bank, and Pasargad Arian ICT Company. Their U.S. assets are blocked, and U.S. dealings are prohibited without authorization. Foreign banks face penalties for significant transactions with them.

    EnforcementSanctions & designationsNew sanctions designations
  • 2025-08-07TaiwanTaiwan Financial Services Commission

    Taiwan Financial Services Commission reports June 2025 domestic banks NPL ratio falls to 0.15% and coverage rises to 878.56%

    The Taiwan Financial Services Commission reported a decline in the average non-performing loan (NPL) ratio to 0.15% for Taiwan's 38 domestic banks as of June 2025, with total outstanding loans rising to TWD 43.09 trillion (USD 1,441 billion). NPLs decreased to TWD 65.89 billion (USD 2.2 billion), and the allowance coverage ratio increased to 878.56%. The Commission will continue mandating measures for enhancing asset quality and financial structure.

    Data & statisticsAsset quality
  • 2025-08-07EuropeSingle Resolution Board

    Single Resolution Board publishes operational guidance for banks’ resolvability self-assessments with 20% fewer capabilities and biennial reporting

    The Single Resolution Board has released operational guidance for banks on resolvability self-assessment, introducing a standardized report and template as part of the SRM Vision 2028 strategy. The revised framework reduces administrative burden by 20% and shifts to biennial reporting with less granular testing requirements. The first report under this new format is due by 31 January 2026, with additional guidance on the testing framework expected later in 2025.

    Policy & regulationGuidance & interpretationRecovery and resolution
  • 2025-08-07AustraliaDepartment of Treasury (Australia)

    Australia's Department of the Treasury consults on voluntary best practice principles for superannuation retirement income solutions

    Australia's Department of the Treasury released a consultation paper proposing voluntary best practice principles for trustees of registrable superannuation entities under the Retirement Income Covenant. The draft principles emphasize using data to understand retirees, ensuring access to key retirement products, and designing solutions that balance income, risk, and flexibility. Trustees must explain any non-adoption of these principles to members, though the guidance does not impose additional compliance beyond existing obligations.

    Policy & regulationGuidance & interpretationOther
  • 2025-08-07BarbadosCentral Bank of Barbados

    Central Bank of Barbados to unveil branding and public education plan for national instant payment system

    The Central Bank of Barbados will unveil its national instant payment system (IPS) on 12 August 2025, with plans for a public education programme before its 2026 launch. The IPS will enable payments within 10 seconds and is fully interoperable across financial institutions. The launch event will feature discussions with key financial leaders, including Governor Dr. Kevin Greenidge.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2025-08-07Cape VerdeBank of Cape Verde

    Bank of Cape Verde participates in Bank of Portugal-hosted reserve management meeting for Portuguese-speaking central banks

    The Bank of Cape Verde attended the Third Meeting on Reserve Management of Central Banks of Portuguese-speaking Countries in Lisbon, focusing on robust and sustainable reserve management. Discussions included the impact of monetary and fiscal policies on fixed income markets, the euro's international role, and reserve management trends. The event featured updates from participating central banks and technical sessions on responsible investment and diversification.

    Policy & regulationCooperationMonetary policy decisions and developments
  • 2025-08-07Cape VerdeBank of Cape Verde

    Bank of Cape Verde and ATTF deliver corporate governance training for financial institutions

    The Bank of Cape Verde, in collaboration with the Financial Technology Transfer Agency, conducted a three-day course on corporate governance for financial institutions from 30 June to 2 July 2025. The program focused on governance principles, covering relationships among managers, boards, shareholders, and stakeholders, and included discussions on EU corporate governance, international frameworks, and crisis management challenges.

    Policy & regulationImplementation, projects & pilotsCorporate governance
  • 2025-08-07Cape VerdeBank of Cape Verde

    Bank of Cape Verde delivers anti-money laundering and counter-terrorist financing training for 28 financial system staff

    The Bank of Cape Verde, in collaboration with the Agência de Transferência de Tecnologia Financeira, conducted an Anti-Money Laundering and Counter-Terrorist Financing course for 28 national financial system staff. The training focused on money laundering typologies, investigative skills, and effective customer due diligence, including tracing funds, screening for sanctions, and identifying beneficial owners.

    Institutional developmentCooperation & capacity building
  • 2025-08-07Cape VerdeBank of Cape Verde

    Bank of Cape Verde joins BIS annual meeting discussions on regional integration and cross-border payments

    Governor Óscar Santos and Board Member Antónia Lopes of the Bank of Cape Verde attended the 95th annual Bank for International Settlements meeting in Basel, focusing on financial inclusion and cross-border payments. Discussions emphasized national and regional payment infrastructures' role in enhancing efficiency and accessibility, especially for underserved communities. The workshop highlighted public-private partnerships and regional integration as crucial for improving cross-border payment systems.

    Policy & regulationCooperationCross-border paymentsFinancial inclusion
  • 2025-08-07Cape VerdeBank of Cape Verde

    Bank of Cape Verde participates in IMF AFRITAC West 2 steering committee reviewing FY2026 work plan and Phase III financing needs

    The Bank of Cape Verde participated in the IMF's AFRITAC West 2 12th Steering Committee meeting, discussing fiscal year 2025 capacity development and the fiscal year 2026 work plan. Key topics included national accounts, monetary policy, and public financial management, with a focus on closing the funding gap for Phase III programme delivery. Several member countries and development partners have pledged or contributed funding for Phase III.

    Policy & regulationCooperationCapacity building
  • 2025-08-06BulgariaBulgaria Financial Supervision Commission

    Bulgaria Financial Supervision Commission approves three bond prospectuses and updates securities and insurance registers

    The Bulgaria Financial Supervision Commission approved prospectuses for bond issues by Airfoil 1 EAD, Erfoil 1 EAD, and Aktiv Properties REIT for trading on a regulated market. It issued governance approvals, removed certain instruments and intermediaries from registers, and requested further information for an ongoing fit and proper assessment. Key bond details include Airfoil 1 EAD's EUR 2.5M issue with a floating rate, Erfoil 1 EAD's BGN 10M issue with a fixed rate, and Aktiv Properties REIT's EUR 12M issue with a floating rate.

    SupervisionAuthorisations & approvalsSecurities offerings and listings
  • 2025-08-06Dominican RepublicPensions Superintendency (SIPEN)

    Dominican Republic's Pensions Superintendency clarifies pension accounts are not treated as inactive when contributions stop

    The Dominican Republic's Pensions Superintendency (SIPEN) clarified that the pension system does not have "inactive accounts," as accounts remain active unless their balance is zero. Superintendent Francisco A. Torres emphasized SIPEN's role as a research and convening body, not a policymaker, highlighting its recent collaboration with the World Bank and other organizations in a pension debate.

    Policy & regulationGuidance & interpretationOther
  • 2025-08-06BahamasBahamas Securities Commission

    Securities Commission of The Bahamas directs firms to report any accounts or assets linked to seven UN sanctioned Haitian nationals

    The Securities Commission of The Bahamas has instructed all licensees and registrants to review a list of seven UN-sanctioned Haitian nationals and report any related bank accounts or assets. Positive matches require submission of a Targeted Financial Sanctions Reporting Form to the Financial Intelligence Unit and the Attorney General's Office within 24 hours, with confirmation to the Commission. Non-compliance may result in fines up to BSD 250,000 and additional disciplinary actions.

    Policy & regulationRules & requirementsSanctions list update
  • 2025-08-06EuropeEuropean Banking Authority

    European Banking Authority finalises technical standards defining equivalent legal mechanisms for unfinished property exposures under CRR

    The European Banking Authority (EBA) published final draft Regulatory Technical Standards (RTS) under the Capital Requirements Regulation (CRR) for unfinished property exposures, detailing conditions for recognising properties under construction in own funds requirements. The RTS include criteria for legal mechanisms, protection providers, and guarantee terms, allowing recognition of national completion guarantee schemes with safeguards like a 20% risk weight cap. Developed under Article 124(14) of the CRR, these standards are part of the EBA's roadmap for the EU Banking Package and have been submitted to the European Commission.

    Policy & regulationRules & requirementsCredit risk
  • 2025-08-06PanamaSuperintendencia de Bancos de Panama

    Superintendency of Banks of Panama grants an international banking licence to BBVA Colombia

    The Superintendency of Banks of Panama granted an International Banking Licence to Banco Bilbao Vizcaya Argentaria Colombia S.A. (BBVA Colombia S.A.), allowing it to operate in Panama’s International Banking Centre. The licence permits BBVA Colombia S.A. to conduct international transactions and other supervisor-authorised activities. BBVA Colombia S.A. is part of the global BBVA group, headquartered in Spain.

    SupervisionAuthorisations & approvalsLicence approval
  • 2025-08-06EuropeEuropean Banking Authority

    European Banking Authority issues no-action letter asking supervisors not to prioritise enforcement of selected ESG Pillar 3 disclosure templates and updates ESG risk dashboard

    The European Banking Authority (EBA) issued a no-action letter on ESG Pillar 3 disclosure requirements to address legal and operational uncertainty amid evolving EU sustainability reporting frameworks. The letter advises against enforcing specific templates and columns for large institutions and newly scoped entities under the Capital Requirements Regulation. Additionally, the EBA updated its ESG risk dashboard, noting a stable risk landscape and future adjustments aligned with the no-action letter.

    Policy & regulationGuidance & interpretationDisclosuresESG
  • 2025-08-06Papua New GuineaBank of Papua New Guinea

    Bank of Papua New Guinea sets out AML and CFT work programme to avoid possible FATF grey listing in 2026

    The Bank of Papua New Guinea reported progress since its Financial Action Task Force (FATF) mutual evaluation, emphasizing the need for further government action to avoid grey listing. The central bank highlighted areas needing immediate attention, including increased prosecutions and arrests, and noted that remediation efforts are ongoing, coordinated by a National Coordination Committee with support from national and international experts.

    Policy & regulationImplementation, projects & pilotsAML and CFT
  • 2025-08-06CyprusCentral Bank of Cyprus

    Central Bank of Cyprus publishes first quarterly bulletin comparing Cyprus banking interest rates with the euro area

    The Central Bank of Cyprus released its inaugural prospectus, "Cyprus Interest Rates in a European Context: Analysis and Comparison," offering an analytical comparison of Cyprus banking interest rates with those in the euro area. The bulletin utilizes existing statistics from the European Central Bank and the Central Bank of Cyprus to provide comprehensive insights into interest rate comparisons across the Eurozone.

    Research
  • 2025-08-06AustraliaAustralian Transaction Reports and Analysis Centre (AUSTRAC)

    Australian Transaction Reports and Analysis Centre warns inactive independent remitters to de-register or face cancellation

    AUSTRAC has launched a registration blitz to remove inactive independent remittance businesses, urging voluntary withdrawal or risk cancellation. Dormant registrations can be exploited for illicit activities and mislead the public. The agency will cancel registrations of inactive businesses that don't de-register voluntarily, following a similar effort in the digital currency exchange sector.

    SupervisionAuthorisations & approvalsAML and CFT
  • 2025-08-06AustraliaCouncil of Financial Regulators

    Australia's Council of Financial Regulators recommends nine government reforms to strengthen competition among non-major banks

    Australia's Council of Financial Regulators, consulting with the ACCC, reported to the Treasurer on competition among small and medium-sized banks, proposing nine government and nine regulator actions. Key proposals include APRA formalising a three-tier bank proportionality approach, streamlining licensing, modernising the Financial Claims Scheme, and adjusting ASIC reporting obligations for small banks. Recommendations include raising the covered bond cap and extending streamlined approvals for start-ups, but advise against government-backed residential mortgage-backed securities programmes.

    Policy & regulationReform agendas & prioritiesSME financing
  • 2025-08-06PakistanSecurites & Exchange Commission of Pakistan

    Securities and Exchange Commission of Pakistan reports record 4,065 company registrations in July 2025 and issued 60 licenses

    The Securities and Exchange Commission of Pakistan reported a record 4,065 company incorporations in July 2025, primarily processed digitally, raising the total to 262,309 registered companies. Private limited companies constituted 57% of new registrations, with IT and e-commerce leading sector registrations. The SECP plans an awareness drive to promote incorporation benefits following a Registrars Conference.

    Data & statisticsLicensing framework and process
  • 2025-08-06PakistanSecurites & Exchange Commission of Pakistan

    Securities and Exchange Commission of Pakistan publishes healthcare ecosystem report outlining roadmap for health insurance sector development

    The Securities and Exchange Commission of Pakistan released a report on the healthcare ecosystem, emphasizing health insurance's role and challenges in delivery. Linked to the SECP's "Journey to an Insured Pakistan" strategy, it outlines a reform roadmap addressing product innovation, inclusivity, and private-sector participation, stressing integrating primary healthcare with universal coverage through public-private collaboration.

    Policy & regulationReform agendas & priorities
  • 2025-08-06IndonesiaBank Indonesia

    Bank of Indonesia reports residential property prices grew 0.90% year on year in Q2 2025 as primary market sales contracted

    Bank of Indonesia's Q2 2025 Residential Property Price Survey shows a slowdown in primary market residential property price growth, with the index rising 0.90% year on year, down from 1.07% in Q1. Residential unit sales fell 3.80% year on year, reversing a 0.73% growth in Q1, with small-unit sales slowing and large and medium properties contracting. Developers primarily used non-bank internal funds for capital, while consumers relied on bank housing loans for 73.06% of financing.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2025-08-06AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission nears decision on Cboe Australia listing market application and expands approved foreign markets

    The Australian Securities & Investments Commission (ASIC) announced initiatives to boost competition and innovation in Australia's capital markets. Measures include advancing Cboe Australia's listing market application, expanding approved foreign markets to include Cboe's US and Canadian exchanges, and the Canadian Securities Exchange. ASIC is also streamlining dual listings for foreign companies and licensing FCX's tokenised market for private companies and funds. These efforts align with previous actions to enhance market participation, like reforms requiring the ASX to offer transparent clearing and settlement services.

    Policy & regulationImplementation, projects & pilotsMarket developmentSecurities offerings and listings
  • 2025-08-06LithuaniaBank of Lithuania

    Bank of Lithuania publishes June 2025 rate comparison showing broad declines in new loan and term deposit pricing and elevated corporate borrowing costs

    The Bank of Lithuania reported a decline in weighted interest rates on new business loans and deposits from March to June 2025, with Lithuanian rates generally higher than euro area averages. Household term deposit rates in Lithuania fell to 1.88%, slightly above the euro area average of 1.81%. Lending rates for housing loans, consumer loans, and loans to non-financial corporations in Lithuania decreased but remained higher than euro area averages.

    Data & statisticsFinancial and market indicators
  • 2025-08-06United KingdomFinancial Conduct Authority

    Financial Conduct Authority publishes Cyber Coordination Group cyber resilience insights on third-party reconnection, threat-led testing and AI risks

    The Financial Conduct Authority (FCA) released a summary of 2024 discussions with its Cyber Coordination Group on cyber resilience, threat management, and emerging technologies like AI and quantum computing. Based on experiences from 139 member firms, it emphasizes existing regulatory frameworks, the effectiveness of threat-led penetration testing, cross-industry forums for incident management, and challenges in AI deployment and third-party transparency. The FCA clarifies that the summary does not establish new regulatory expectations but aims to facilitate peer learning.

    Policy & regulationGuidance & interpretationCyber resilienceOperational risk and resilience
  • 2025-08-06United KingdomFinancial Conduct Authority

    Financial Conduct Authority review finds most life insurers process pension transfers within 20 days but flags slow outliers and long delays where additional checks apply

    The Financial Conduct Authority (FCA) reviewed life insurers' pension transfer processes, noting most transfers are timely, aided by digital platforms. However, significant variation exists, with some firms slower, prompting FCA follow-ups. The FCA emphasized adherence to Consumer Duty and Conduct of Business rules, discouraging barriers and advocating measures to protect consumers.

    SupervisionReviews, inspections & stress testsConsumer and investor protection
  • 2025-08-06United KingdomFinancial Conduct Authority

    Financial Conduct Authority finalises new safeguarding rules for payment and e-money firms effective 7 May 2026

    The Financial Conduct Authority (FCA) has finalized rules to enhance the safeguarding of customer funds by payment and e-money firms, effective 7 May 2026. Key measures include annual audits, monthly reporting, daily checks, and improved failure planning, with exemptions for firms holding less than GBP 100,000. The changes address issues from past firm failures, where insolvencies led to average shortfalls of 65% of customer funds.

    Policy & regulationRules & requirementsClient asset custody and safekeeping
  • 2025-08-06United KingdomFinancial Conduct Authority

    Financial Conduct Authority issues Decision Notices to fine Neil Woodford GBP 5.9m and Woodford Investment Management GBP 40m and ban Woodford over Woodford Equity Income Fund failures

    The Financial Conduct Authority (FCA) issued Decision Notices to fine Neil Woodford GBP 5,888,800 and Woodford Investment Management Limited GBP 40,000,000 for mismanaging the Woodford Equity Income Fund (WEIF) and to ban Woodford from senior roles and managing retail funds. Between July 2018 and June 2019, Woodford and WIM made poor investment decisions that worsened WEIF’s liquidity, leading to its suspension in June 2019. Woodford and WIM have referred the Decision Notices to the Upper Tribunal, rendering the findings provisional.

    EnforcementInvestigations & enforcement actionsCorporate governance
  • 2025-08-06Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority warns public about scam incidents involving Bank of East Asia and Dah Sing Bank

    The Hong Kong Monetary Authority issued a scam alert regarding fraudulent activities linked to The Bank of East Asia, Limited and Dah Sing Bank, Limited. The alert emphasizes that banks will not send SMS or emails with embedded hyperlinks for transactions or request sensitive information. Affected individuals should contact their bank and report to the Crime Wing Information Centre of the Hong Kong Police Force.

    SupervisionAlertsFraud and scams
  • 2025-08-06BulgariaNational Bank of Bulgaria

    Bulgarian National Bank publishes Economic Review showing Q1 2025 GDP growth and May inflation both at 2.9%

    The Bulgarian National Bank's quarterly Economic Review highlights a slowdown in economic activity growth in Q1 2025, with real GDP growth at 2.9% year on year and inflation rising to 2.9% in May 2025. Domestic demand contributed positively, while net exports had a negative impact, and household credit growth remained strong at 20.7% year on year. The review notes potential adverse effects on Bulgaria’s real exports due to uncertainty in US trade policy.

    ResearchEconomic data and developments
  • 2025-08-06KazakhstanAgency for Regulation and Development of the Financial Market of the Republic of Kazakhstan

    Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan mandates dedicated consumer protection units in banks and strengthens retail credit assessment rules

    Kazakhstan's Financial Market Agency revised the risk management framework for second-tier and nonresident bank branches. Amendments require independent units to protect consumer rights, enhance creditworthiness assessments, and improve decision-making. These units will monitor compliance, coordinate loan repayment, and assess consumer risks and complaint-handling effectiveness.

    Policy & regulationRules & requirementsSupervision process and methodologies
  • 2025-08-06GhanaBank of Ghana

    Bank of Ghana reports 145.95 tonnes bought under its Domestic Gold Purchase Programme and outlines Gold for Oil and Ghana Gold Coin initiatives

    In a keynote speech, the Bank of Ghana's First Deputy Governor, Dr. Zakari Mumuni, highlighted the central bank's use of commodities, particularly gold, to bolster foreign exchange reserves and support macroeconomic stability. Initiatives like the Domestic Gold Purchase Programme (DGPP) and Gold for Oil (G4O) have been instrumental, with the DGPP increasing gold reserves and the G4O using gold to settle petroleum imports. The Ghana Gold Coin (GGC) was introduced as an investment-grade asset to manage liquidity and hedge against inflation.

    Monetary policyMonetary policy instruments & operationsMarket development
  • 2025-08-06TürkiyeInsurance and Private Pension Regulation and Supervision Agency of Türkiye

    Insurance and Private Pension Regulation and Supervision Agency of Türkiye publishes updated 2025 capital requirements for brokers including TRY 3.213m minimum and revised loss adjuster fee tariffs

    Türkiye's Insurance and Private Pension Regulation and Supervision Agency will publish updated capital amounts for insurance and reinsurance brokers and agents, and revised minimum fee tariffs for insurance loss adjusters on its website. Broker capital thresholds, adjusted by a 28.52% increase in the domestic producer price index, will be effective from 1 January 2025, while updated loss adjuster fees will apply from 1 July 2025. Future updates to these amounts and tariffs will also be available online.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2025-08-06ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission issues claims guidance for Thai–Cambodian border clashes and signals war exclusion is unlikely to apply

    The Thailand Office of Insurance Commission (OIC) issued guidance to insurers on claims related to border tensions with Cambodia, stating the incident does not qualify as "war" under policy exclusions. Insurers are advised to clarify policy terms with reinsurers and consider ex gratia payments where exclusions apply. The OIC will facilitate negotiations and continue discussions with industry associations to monitor and address the situation.

    Policy & regulationGuidance & interpretationOther
  • 2025-08-06BrazilBrazilian Superintendence of Private Insurance (SUSEP)

    Brazilian Superintendence of Private Insurance convenes sector dialogue on innovation in insurance and pension education

    The Brazilian Superintendence of Private Insurance (SUSEP) hosted a dialogue in Rio de Janeiro on enhancing insurance and pension literacy in Brazil. Superintendent Alessandro Octaviani emphasized the importance of education for sector development and household planning, advocating for public dialogue to improve understanding and reduce reliance on alternatives like betting.

    Financial literacy & educationFinancial literacy and education
  • 2025-08-06BrazilBrazilian Superintendence of Private Insurance (SUSEP)

    Brazilian Superintendence of Private Insurance moves mutual protection rulemaking to final discussion stage and confirms administrator authorisations have not begun

    The Brazilian Superintendence of Private Insurance (SUSEP) detailed progress on registering mutual property protection associations under Complementary Law 213/2025. A working group is finalizing a new regulatory framework with market input, pending SUSEP board review. The authorisation phase for administrators of mutual protection operations has not yet commenced.

    Policy & regulationRules & requirementsOther
  • 2025-08-06South AfricaSouth African Reserve Bank

    South African Reserve Bank's CODI to reimburse Ditsobotla Co-operative Bank qualifying depositors up to ZAR 100,000 after resolution

    The South African Reserve Bank announced that the Corporation for Deposit Insurance (CODI) will repay qualifying depositors of Ditsobotla Primary Savings and Credit Co-operative Bank Limited, which entered resolution on 1 August 2025. CODI will reimburse covered deposits up to ZAR 100,000 after depositor verification, with payments from the Deposit Insurance Fund. CODI is reviewing records to determine additional qualifying products, and the South African Reserve Bank will advise on managing balances exceeding the ZAR 100,000 limit.

    Policy & regulationImplementation, projects & pilotsRecovery and resolution
  • 2025-08-06New ZealandReserve Bank of New Zealand

    Reserve Bank of New Zealand publishes 2025 Relationship Charter Survey showing 97% positive relationship ratings

    The Reserve Bank of New Zealand's 2025 Relationship Charter Survey results show 97% of regulated entities rate their relationship with the Bank as "good" or "very good," highlighting effective communication as a key strength. The survey, focusing on senior stakeholders, also indicates the Bank's openness to suggestions for improvement.

    Institutional developmentCooperation & capacity buildingSupervision process and methodologies
  • 2025-08-06BrazilBrazilian Pension Funds Authority (PREVIC)

    Brazilian Pension Funds Authority (PREVIC) sets 31 August deadline for closed pension funds to submit complete applications for out-of-range interest rate authorisations for 2025

    The Brazilian Pension Funds Authority (PREVIC) issued guidance for closed pension entities on submitting documentation to authorize interest rates outside the regulatory interval for 2025. Applications must include all required documents in a single submission, signed by responsible parties, and match the approved percentage without conditional rates. PREVIC provided a template for mandatory documents and emphasized the need for consolidated submissions to prevent delays.

    Policy & regulationGuidance & interpretationLicence approval
  • 2025-08-06Dominican RepublicSuperintencencia de Bancos de la Republica Dominicana

    Dominican Republic's Superintendency of Banks reports ProUsuario ordered DOP 101.1 million in customer credits in H1 2025 and DOP 606.7 million since 2020

    The Superintendency of Banks of the Dominican Republic reported that its User Service and Protection Office (ProUsuario) ordered financial institutions to refund DOP 101.1 million to users following complaints in H1 2025, marking a 30.8% increase from the same period in 2024. Expanded service channels contributed to the rise in complaints, with unrecognised purchases and erroneous transfers being the main drivers. Users must first file complaints with their financial institutions before escalating to ProUsuario.

    SupervisionInterventionsComplaints and dispute resolution
  • 2025-08-06New ZealandNew Zealand Financial Markets Authority

    New Zealand Financial Markets Authority warns Kiwibank after NZD 912,053 joint account fee waiver overcharging

    The New Zealand Financial Markets Authority (FMA) issued a warning to Kiwibank for failing to apply age-based transaction fee waivers to certain joint account customers, resulting in overcharges of NZD 912,053.79 to 8,663 customers from July 2011 to November 2024. The FMA identified inconsistent internal understanding and system limitations as root causes, with Kiwibank self-reporting the issue in August 2024 and remediating affected customers.

    SupervisionAlertsConsumer and investor protection
  • 2025-08-06BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission acquits Pricewaterhousecoopers Auditores Independentes and sanctions Bluebenx with BRL 26,000,000 fraud fine, BRL 9,265,354.92 unregistered-offer fine and 78-month market bans

    The Brazil Securities Commission (CVM) acquitted Pricewaterhousecoopers Auditores Independentes Ltda. and partner Marcos Paulo Putini of audit irregularities but sanctioned Bluebenx Tecnologia Financeira S.A. and two individuals for a fraudulent securities operation and unregistered public offering. Bluebenx was fined BRL 35,265,354.92, while Roberto de Jesus Cardassi and William Tadeu Batista Silva were fined BRL 2,316,338.73 each and banned from market operations for 78 months. The sanctioned parties may appeal to the Council of Appeals of the National Financial System.

    EnforcementInvestigations & enforcement actionsAuditing
  • 2025-08-06BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission approves three-year cooperation agreement with Instituto Pensar Agropecuária to promote agribusiness capital markets access

    The Brazil Securities Commission (CVM) has approved a cooperation agreement with Instituto Pensar Agropecuária to enhance knowledge and studies of agribusiness value chains, focusing on capital market fundraising. The partnership includes joint events and spans three years.

    Policy & regulationCooperationMarket development
  • 2025-08-06BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission partners with the Central Bank of Brazil to extend Aprender Valor to high school from 2026 targeting 7.8 million students

    The Brazil Securities Commission (CVM), with the Central Bank of Brazil, ANBIMA, and Sebrae, announced expanding the Aprender Valor financial education programme to high schools in 2026. It aims to reach 7.8 million students across 29,000 schools, offering teacher training and integrating financial education with the National Common Curricular Base. The programme will also develop materials for Indigenous peoples with the Development Bank of Latin America and the Caribbean.

    Financial literacy & educationFinancial literacy and education
  • 2025-08-06MalaysiaMalaysia Securities Commission

    Securities Commission Malaysia outlines next iteration of its digital asset approach at MyFintech Week 2025

    Securities Commission Malaysia, with Bank Negara Malaysia and industry partners, hosted MyFintech Week 2025, focusing on digitalisation, sustainability, and demographic shifts in finance. SC Executive Chairman Mohammad Faiz Azmi stressed regulatory clarity and agility, especially in crypto asset regulation, and announced advancements in the SC's digital assets approach, including blockchain use cases like bond tokenisation. The event featured tracks on a digitally enabled financial system, sustainability, and resilience, discussing AI, open data, and cross-border payment interoperability.

    Policy & regulationImplementation, projects & pilotsClimate risk and sustainable finance
  • 2025-08-06PhilippinesPhilippines Insurance Commission

    Philippines Insurance Commission places Carehealth Plus Systems International under liquidation and sets 19 February 2026 claims filing deadline

    The Philippines Insurance Commission has placed Carehealth Plus Systems International, Inc. under liquidation effective 5 August 2025, appointing Atty. Erwin C. Onglengco as liquidator. Claimants must file claims with supporting documents within 180 days from the notice's last publication on 23 August 2025. The Notice of Stay Order dated 21 June 2024 remains effective until the liquidation concludes or further notice is issued.

    SupervisionInterventionsOther
  • 2025-08-06AzerbaijanCentral Bank of the Republic of Azerbaijan

    Central Bank of the Republic of Azerbaijan extends two special regulatory regime crypto trials by six months and halts two projects

    The Central Bank of the Republic of Azerbaijan has extended trials for Pasha Pay LLC's "m10" application and Unicapital Investment Company OJSC's "Cryptobroker" platform for six months, while halting Mobile Payment Solutions LLC's PortCoin project and Svort LLC's crypto trading platform. The special regulatory regime aims to test innovative financial products under central bank oversight and develop a legal framework for successful products.

    SupervisionInnovation & testingFintech and insurtech
  • 2025-08-06MalaysiaBank Negara Malaysia

    Bank Negara Malaysia spotlights digitalisation sustainability and demographic shifts at MyFintech Week 2025

    Bank Negara Malaysia highlighted MyFintech Week 2025, co-organised with Securities Commission Malaysia, focusing on digitalisation, sustainability, and demographic shifts. Discussions include generative AI, blockchain, Malaysia’s net-zero commitment, and population ageing, with sessions on open finance, digital assets, and cybersecurity resilience. A flagship panel with regional authorities addressed innovation, consumer trust, and cross-border policy coherence.

    Policy & regulationCooperationClimate risk and sustainable finance
  • 2025-08-06CanadaOntario Securities Commission

    Ontario Securities Commission announces jail term, CAD 1.15 million fine and 10-year trading bans in insider trading case

    The Ontario Securities Commission announced Harpreet Saini's nearly six-month jail sentence and CAD 1,149,114.93 fine for insider trading under Ontario’s Securities Act. Saini accessed non-public information through his employer to trade on 497 unpublished press releases, generating illicit gains over USD 770,000. Additional penalties include a 25% surcharge and a 10-year trading ban, while proceedings against co-accused John Natividad are ongoing.

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2025-08-06ThailandThailand Securities & Exchange Commission

    Thailand Securities and Exchange Commission instructs bondholders’ representative to assess CHAYO bond term changes ahead of 8 August vote

    The Thailand Securities & Exchange Commission announced that Chayo Group Public Company Limited's bondholders' meeting will be reconvened electronically on 8 August 2025 after failing to reach quorum. Bondholders will vote on proposals including a two-year maturity extension with staged principal repayment, conditional interest-rate step-up, and repayment obligations linked to land-sale proceeds. The SEC advises bondholders to review the impacts and make informed decisions before voting.

    SupervisionOtherSecurities offerings and listings
  • 2025-08-06ThailandThailand Securities & Exchange Commission

    Thailand Securities and Exchange Commission files criminal complaints over mutual fund front running and reports case to AMLO

    The Thailand SEC filed criminal complaints against three individuals for insider trading related to mutual fund orders, following a referral from the Stock Exchange of Thailand. The SEC found that Piyapach Udomrat, Wisut Boonkasemsanti, and Nawinee Udomrat colluded to trade ahead of fund orders, violating the Securities and Exchange Act. The case has been reported to the Anti-Money Laundering Office as these practices are predicate offences under the Anti-Money Laundering Act.

    EnforcementInvestigations & enforcement actionsMarket abuse
  • 2025-08-06CanadaFinancial Transactions and Reports Analysis Centre of Canada

    Financial Transactions and Reports Analysis Centre of Canada publishes administrative monetary penalties policy detailing penalty ranges and review process

    FINTRAC released a policy on penalties for non-compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. It details penalty ranges, calculation criteria, and review procedures, emphasizing AMPs as non-punitive tools to encourage compliance, with timelines for notices, payments, and appeals.

    Policy & regulationRules & requirementsAML and CFT
  • 2025-08-06CanadaFinancial Transactions and Reports Analysis Centre of Canada

    Financial Transactions and Reports Analysis Centre of Canada publishes supervisory framework describing its risk-based approach to overseeing reporting entities

    FINTRAC released an overview of its supervisory framework for businesses under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. It outlines guiding principles, a risk framework, and a supervisory strategic plan, emphasizing risk-based supervision, early intervention, and transparency. It details three supervision pillars: engaging, monitoring, and enforcing, with enforcement actions based on compliance history and other factors.

    SupervisionSupervision approach, priorities & toolkitAML and CFTSupervision process and methodologies
  • 2025-08-06United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking, Housing and Urban Affairs calls for a comprehensive GAO review of CFIUS and Defense Department FOCI safeguards

    U.S. Senator Elizabeth Warren has asked the Government Accountability Office to review the Committee on Foreign Investment in the United States and the Department of Defense’s Foreign Ownership, Control, or Influence program. The review will assess the rigor of these processes in protecting national security, staffing adequacy, oversight, and mitigation enforcement effectiveness. It will also examine potential conflicts of interest and whether current practices prioritize security.

    SupervisionReviews, inspections & stress testsCross-border cooperation
  • 2025-08-06United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking, Housing and Urban Affairs urges SEC Chair Paul Atkins to disclose buyer of Patomak Global Partners and provide divestment records

    U.S. Senator Elizabeth Warren has urged SEC Chair Paul Atkins to disclose details of the sale of his consulting firm, Patomak Global Partners, and provide records of other divestments since his appointment. Warren raised conflict-of-interest concerns due to Atkins's previous role at Patomak and its work with SEC-regulated clients. She emphasized the need for transparency to ensure divestments are not used to gain access to the SEC Chair.

    OtherCorporate governance
  • 2025-08-06TanzaniaBank of Tanzania

    Bank of Tanzania sets out complaint resolution procedure for users of regulated financial services

    The Bank of Tanzania outlined its procedure for handling complaints from consumers of regulated financial service providers, per the amended Bank of Tanzania (Financial Consumer Protection) Regulation 2019. The process includes investigations considering both parties' rights and may involve law enforcement. Complainants can withdraw complaints to pursue resolution through courts or other authorities, with the Bank's service being free of charge.

    Policy & regulationGuidance & interpretationComplaints and dispute resolution
  • 2025-08-06RussiaCentral Bank of Russia

    Central Bank of Russia expands Lombard List with new exchange-traded bond issues and drops bonds from issuers restricting disclosure

    The Central Bank of Russia amended its Lombard List, adding exchange-traded corporate bonds from various sectors, including issuers like Gazprom Neft, Mobile TeleSystems, and Yandex. Bonds from issuers with limited information disclosure were excluded. The updated list includes issue registration numbers and directs readers to the full set of eligible instruments.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2025-08-06RussiaCentral Bank of Russia

    Central Bank of Russia tightens Lombard List eligibility for bonds with restricted disclosure or fewer than two A- level credit ratings

    The Central Bank of Russia revised its Lombard List procedure to exclude bonds from issuers or guarantors that excessively limit information disclosure or lack at least two high credit ratings from different Russian agencies. Bonds will be suspended from repo and lending operations if disclosure violations are identified, with exclusion following if not remedied within three months. These changes are effective upon publication on the Central Bank's website.

    Policy & regulationRules & requirementsDisclosures
  • 2025-08-06EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority sets first licensing and conduct rules for digital platforms offering real estate investment fund certificates

    The Egypt Financial Regulatory Authority has introduced rules for digital platforms investing in real estate fund certificates, requiring licensing and supervision. Platforms must ensure investor registration, knowledge testing, secure digital payment channels, and comprehensive disclosures, including periodic pricing and financial information. Redemption is capped at 20% of total issued certificates, with specific conditions for disposal or cancellation of redeemed certificates.

    Policy & regulationRules & requirementsOther
  • 2025-08-06EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority issues first Egyptian standards for valuing intangible assets

    The Egypt Financial Regulatory Authority introduced new valuation standards for intangible assets, establishing a unified framework to enhance consistency and investor confidence. The standards outline three core approaches: income, market, and cost, linked to Egypt’s national intellectual property strategy. Implementation will be supported through training and awareness programmes to improve report quality and facilitate asset handling in various financial contexts.

    Policy & regulationRules & requirementsAccounting and financial reporting
  • 2025-08-06United StatesU.S. Securities & Exchange Commission

    U.S. Securities & Exchange Commission issues broker-dealer FAQs on customer protection rule requirements for U.S. Treasury clearing and appoints Commissioner Uyeda to lead implementation

    The U.S. Securities & Exchange Commission's Division of Trading and Markets released staff FAQs to assist broker-dealers with financial responsibility requirements from amendments to the customer protection rule for U.S. Treasury securities clearing. SEC Chair Paul S. Atkins announced Commissioner Mark T. Uyeda will lead ongoing efforts on U.S. Treasury central clearing implementation, coordinating with market participants and regulators.

    Policy & regulationGuidance & interpretationMarket infrastructure
  • 2025-08-06EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision publishes Q1 2025 supervisory statistics with CET1 ratio rising to 16.05% and NPL ratio easing to 2.24%

    The European Central Bank Banking Supervision released Q1 2025 supervisory banking statistics for significant institutions, highlighting increased aggregate capital ratios and return on equity, with a slight decline in the non-performing loans ratio. The Common Equity Tier 1 ratio rose to 16.05%, return on equity to 9.85%, and the non-performing loans ratio decreased to 2.24%. The ECB introduced new interactive reports for enhanced user customization, replacing the previous layout.

    Data & statisticsCapital adequacyAsset quality
  • 2025-08-06EgyptCentral Bank of Egypt

    Central Bank of Egypt partners with the Ministry of Higher Education to launch a Bachelor of Banking Sciences starting in 2025/2026

    The Central Bank of Egypt, with the Ministry of Higher Education, the Supreme Council of Universities, and the Egyptian Banking Institute, has launched a "Bachelor of Banking Sciences" programme. Starting in the 2025/2026 academic year, it will be offered at several Egyptian universities, featuring a curriculum including financial inclusion, digital banking, FinTech, and ESG, alongside practical training. An agreement with the EBI ensures coordinated delivery and the awarding of accredited professional certificates.

    Financial literacy & educationFinancial literacy and education
  • 2025-08-06MaltaMalta Financial Services Authority

    Malta Financial Services Authority publishes 2024 enforcement overview showing 134 actions from 387 investigations and EUR 926,485 in penalties

    The Malta Financial Services Authority concluded 387 investigations and 134 enforcement actions in 2024, with penalties totaling EUR 926,485. Investment Services was the most investigated sector, with issues like non-submission of statutory documentation and governance deficiencies. The MFSA emphasized efforts against unauthorized financial services and noted enforcement actions might be published anonymously for non-material breaches under certain conditions.

    EnforcementEnforcement statistics
  • 2025-08-06United StatesFinancial Crimes Enforcement Network

    United States' Financial Crimes Enforcement Network convenes FinCEN Exchange on digital assets innovation and consumer fraud risks

    FinCEN hosted an event on innovation in digital assets and consumer protection against fraud. The event highlighted law enforcement's role in deterring digital-asset-enabled crime and compliance best practices. FinCEN reaffirmed its commitment to collaborating with industry partners and urged financial institutions to review its guidance on digital asset risks.

    Policy & regulationCooperationAML and CFTFraud and scams
  • 2025-08-06GlobalFinancial Action Task Force

    Financial Action Task Force publishes Code of Conduct for delegates leaders assessors and event participants

    The Financial Action Task Force (FATF) has issued a non-legal Code of Conduct to set behavioural expectations for meeting and project participants, promoting a respectful, professional environment. It applies to various participants, emphasizing non-discrimination, zero tolerance for harassment, cultural sensitivity, conflict of interest management, and confidentiality. It outlines a process for reporting breaches, including potential referrals and sanctions, ensuring confidentiality and due process.

    Policy & regulationGuidance & interpretationDiversity and inclusion
  • 2025-08-06United Arab EmiratesGeneral Pension and Social Security Authority

    General Pension and Social Security Authority launches Mobile Pensions Council to deliver on-site pension consultations

    The General Pension and Social Security Authority (GPSSA) launched the Mobile Pensions Council to deliver pension services directly to insured citizens and employers via field visits. This initiative, part of the Year of the Community, aims to enhance awareness of insurance rights, reduce bureaucratic hurdles, and improve pension system transparency.

    Policy & regulationImplementation, projects & pilotsOther
  • 2025-08-06ArgentinaCentral Bank of Argentina

    Central Bank of Argentina warns consumers about rising online scams and reiterates anti-fraud precautions

    The Central Bank of Argentina warned users about rising online scams, urging protection of personal information and preventive measures against fraud and identity theft. It emphasized never requesting personal or banking details and advised verifying financial offers through official channels. Users should enable multi-factor authentication, use strong passwords, and report fraud to their bank and the Specialized Prosecutor’s Unit for Cybercrime.

    SupervisionAlertsFraud and scamsCyber resilience
  • 2025-08-06MaldivesMaldives Capital Market Development Authority

    Maldives Capital Market Development Authority and UNDP launch joint financing facility to de-risk lending for blue economy MSMEs

    The Maldives Capital Market Development Authority and the United Nations Development Programme, supported by the UK Government, launched a Joint Financing Facility to aid micro, small, and medium enterprises in the "Blue Economy" sector. This facility aims to overcome capital access barriers by providing concessional funding for eligible firms in fisheries, tourism, and marine trade, seeking to mobilize sustainable investment through banking and capital market channels.

    Policy & regulationImplementation, projects & pilotsSME financing
  • 2025-08-06CaribbeanCaribbean Financial Action Task Force (CFATF)

    Caribbean Financial Action Task Force upgrades St. Vincent and the Grenadines on terrorist financing offence, keeps mutual legal assistance and extradition partially compliant

    The Caribbean Financial Action Task Force has issued its first enhanced follow-up report on St. Vincent and the Grenadines, upgrading Recommendation 5 on the terrorist financing offence from Partially Compliant to Compliant. Recommendations 37 on mutual legal assistance and 39 on extradition remain Partially Compliant because legal and case-management gaps persist. The country is now Compliant or Largely Compliant on 31 of 40 FATF Recommendations and remains in enhanced follow-up.

    Policy & regulationPeer reviews and country evaluationsAML and CFT
  • 2025-08-06United KingdomThe Pensions Regulator

    The Pensions Regulator secures approximately GBP 2.55 million for the Discovery Flexibles pension scheme through anti-avoidance enforcement and an Upper Tribunal ruling

    The Pensions Regulator's enforcement action against parties linked to Discovery Flexibles Limited will result in approximately GBP 2.55 million being paid into the Danapak Flexibles Retirement Benefits Scheme. This follows an Upper Tribunal decision on a disputed contribution notice after TPR found funds were extracted from the employer while the scheme was in deficit. Settlements include GBP 2 million from Chris and Elizabeth Wrigley, GBP 222,482.83 from Paul Wrigley, and GBP 245,749 plus interest from Ann Pelgrave.

    EnforcementInvestigations & enforcement actionsOther
  • 2025-08-06EuropeEuropean Insurance and Occupational Pensions Authority

    European Insurance and Occupational Pensions Authority publishes Opinion guiding supervisors on AI governance under insurance sector legislation

    The European Insurance and Occupational Pensions Authority (EIOPA) issued an Opinion to clarify the interpretation and supervision of insurance-sector rules when insurers use AI systems. The Opinion adopts a risk-based approach, excluding high-risk AI systems under the EU's AI Act, and emphasizes data governance, fairness, and human oversight. EIOPA plans further analysis and guidance on specific AI systems and emerging issues in insurance.

    Policy & regulationGuidance & interpretationArtificial intelligence
  • 2025-08-06BahamasCentral Bank of the Bahamas

    Central Bank of the Bahamas directs supervised financial institutions to screen for assets linked to seven UN Haiti sanctions targets and report findings

    The Central Bank of the Bahamas requires all supervised financial institutions to review client records for ties to individuals or entities on the UN Security Council 2653 (Haiti) sanctions list and report findings. Positive matches must also be reported to the Financial Intelligence Unit and the Office of the Attorney General. This directive follows guidance from the Attorney General's Office and references relevant legislation and UN resolutions.

    SupervisionInterventionsSanctions list update
  • 2025-08-06United Arab EmiratesCentral Bank of the UAE

    Central Bank of the UAE imposes financial sanction of 600,000 on a finance company for market conduct and consumer protection non-compliance

    The Central Bank of the UAE imposed a financial sanction of 600,000 AED on a finance company for non-compliance with Market Conduct and Consumer Protection Regulations and Standards. This action, under Article 137 of Decretal Federal Law No. 14 of 2018, aligns with the CBUAE's supervisory mandate over finance companies.

    EnforcementInvestigations & enforcement actionsConsumer and investor protection
  • 2025-08-06BarbadosCentral Bank of Barbados

    Central Bank of Barbados announces Barbados delisted from the EU high-risk third country blacklist from 5 August 2025

    The Central Bank of Barbados announced its removal from the EU's "high-risk third countries" list after legal and regulatory improvements. The European Parliament acknowledged this on 10 June 2025, effective 5 August 2025. Barbados addressed Caribbean Financial Action Task Force recommendations and improved FATF compliance, continuing to enhance its regulatory framework.

    Policy & regulationRules & requirementsOther
  • 2025-08-05AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission consults on five-year remake of managed investment product consideration relief for pre-October 2013 schemes

    ASIC is consulting on extending its relief instrument for pricing interests in managed investment schemes registered before 1 October 2013, excluding time-share schemes. The proposal seeks to extend ASIC Instrument 2015/847 for five years, preventing disruption for entities relying on it. It offers flexibility in setting consideration and proposes minor documentation changes. About 1,762 schemes may rely on this instrument.

    Policy & regulationRules & requirementsOther