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Showing 43,601–43,700 of 51,373 updates · Page 437 of 514

  • 2025-04-28BrazilBrazilian Superintendence of Private Insurance (SUSEP)

    Brazilian Superintendence of Private Insurance updates SUSEPCon complaints ranking dashboard with segment-specific rankings and enhanced analytics

    The Brazilian Superintendence of Private Insurance (SUSEP) has updated its Complaints Ranking Dashboard in the SUSEPCon environment, enhancing navigation and analysis of complaint data. The new interface features a landing page displaying rankings for the eight segments with the highest complaint volumes, driven by a selected period filter. Users can access detailed pages with additional graphics and information, including segment-specific rankings and company complaint data.

    SupervisionSupervision approach, priorities & toolkitComplaints and dispute resolution
  • 2025-04-28BulgariaMinistry of Finance (Bulgaria)

    Bulgaria's Ministry of Finance reiterates capital market priority and expects euro area entry from 1 January 2026

    Bulgaria's Finance Minister Temenuzhka Petkova prioritized capital market development for financing the real economy at the Investor Day forum. She highlighted efforts to enhance EU competitiveness by reducing administrative burdens for SMEs and simplifying regulations while maintaining investor protection. Petkova confirmed Bulgaria's compliance with the euro area price stability criterion since early 2025, anticipating positive conclusions for accession by January 2026.

    Policy & regulationReform agendas & prioritiesMarket development
  • 2025-04-28BrazilBrazilian Pension Funds Authority (PREVIC)

    Brazilian Pension Funds Authority (PREVIC) prepares to appoint 40 new civil servants with nomination order expected next week

    The Brazilian Pension Funds Authority (PREVIC) will appoint 40 new civil servants approved in the National Unified Public Examination, following federal authorization. The intake includes 25 Complementary Pension Specialists and 15 Administrative Analysts, all based in Brasília. The Ministry of Management and Innovation in Public Services authorized the filling of 4,330 posts across 16 federal bodies.

    Institutional developmentWorkforce & recruitmentHiring and recruitment
  • 2025-04-28BrazilBrazilian Pension Funds Authority (PREVIC)

    Brazilian Pension Funds Authority sets annual interest-rate reference corridor for closed pension funds

    The Brazilian Pension Funds Authority (PREVIC) issued its annual ordinance setting the parameter interest rate and reference corridor bounds for closed pension funds. Entities must conduct convergence studies to determine actuarial target rates, comparing them with the PREVIC corridor. If rates fall outside the corridor, funds must seek PREVIC authorisation, submitting necessary documentation for review.

    Policy & regulationRules & requirementsOther
  • 2025-04-28GlobalBank for International Settlements - Committee on Payments and Market Infrastructures

    Bank for International Settlements Committee on Payments and Market Infrastructures and IOSCO find EU PFMI implementation fully consistent for payment systems but identify gaps for CSDs and securities settlement systems

    The BIS Committee on Payments and Market Infrastructures and IOSCO issued a Level 2 assessment finding the EU framework fully consistent with the Principles for Financial Market Infrastructures for systemically important payment systems in the euro area and Sweden, and largely consistent for central securities depositories and securities settlement systems. For CSDs/SSSs, the review highlights gaps around physical deliveries and credit and liquidity risk in certain settlement arrangements, and calls for enhancements to risk, governance, disclosure and resolution-planning provisions, noting that subsequent EU and Swedish reforms were not covered.

    Policy & regulationPeer reviews and country evaluationsMarket infrastructure
  • 2025-04-28VietnamVietnam State Securities Commission

    Vietnam State Securities Commission publishes Ministry of Finance amendments to settlement and disclosure rules for non-prefunding foreign institutional investors

    The Vietnam State Securities Commission updated a Ministry of Finance circular amending the framework for securities registration, custody, clearing and settlement, and stock market disclosure, effective 05 May 2025. Key changes include maintaining the fund requirement timing for non-pre-funded (NPF) trades and introducing measures to protect NPF investors, such as ensuring trades confirmed as paid on T+1 are settled without deferral or cancellation. The circular also standardizes NPF buy orders across all listed shares, except where prohibited, and removes an Appendix XVII disclosure requirement.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2025-04-28BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission launches integrity perception survey for Brazilian capital markets open until 19 May

    The Brazil Securities Commission (CVM) has initiated a survey to assess perceptions of integrity in the Brazilian capital markets. Conducted by CVM’s Economic Analysis, Risk Management and Integrity Advisory Office, the survey aims to evaluate market participants' integrity and the effectiveness of the regulatory framework. Responses will be used exclusively for research by CVM's technical staff.

    ResearchOther
  • 2025-04-28SeychellesCentral Bank of Seychelles

    Central Bank of Seychelles co-hosts Alliance for Financial Inclusion working groups on financial inclusion data, inclusive green finance and SME finance

    The Central Bank of Seychelles co-hosted Alliance for Financial Inclusion (AFI) meetings on financial inclusion data, inclusive green finance, and SME finance, with 131 participants from 59 countries. Discussions focused on advancing financial inclusion, climate-related finance, and MSME access to finance, emphasizing peer learning and strategy sharing. CBS First Deputy Governor Brian Commettant and AFI’s Dr. Eliki Boletawa highlighted the importance of these themes for sustainable financial systems and climate resilience.

    Policy & regulationCooperationClimate risk and sustainable finance
  • 2025-04-28BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission schedules 29 April judgment session in alleged irregular portfolio management case against Pedro Henrique Cruzeiro Rabelo

    The Brazil Securities Commission (CVM) will hold a judgment session on 29 April on alleged irregular management of a securities portfolio by Pedro Henrique Cruzeiro Rabelo. The public session will be in person at CVM's headquarters and accessible via videoconference, with potential updates to the report following the session. If the accused or their representatives do not participate, the session will proceed with electronic voting.

    EnforcementInvestigations & enforcement actions
  • 2025-04-28BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission issues guidance on automatic registration for FIAGRO and securitisation offerings under expanded ANBIMA cooperation

    The Brazil Securities Commission's Superintendence of Securities Registration issued Circular Letter CVM/SRE 1/2025, detailing automatic registration requirements for public offerings of Agroindustrial Production Chain Investment Funds (FIAGRO) and Other Securitisation Securities (OTS) under Law 14.430 and CVM Resolutions 60 and 160. It outlines changes from CVM Resolution 214 affecting FIAGRO filings and clarifies requirements for securitisation issuers, including treating debentures as OTS offerings. It also highlights expanded cooperation with the Brazilian Financial and Capital Markets Association, introducing new automatic registration request types for Credit Rights Investment Fund offerings.

    Policy & regulationGuidance & interpretationOther
  • 2025-04-28SerbiaNational Bank of Serbia

    National Bank of Serbia schedules June 2025 Certified Actuary professional exam and sets application deadline

    The National Bank of Serbia announced the June 2025 professional exam for Certified Actuary will be held on 11 June 2025. Applicants must submit required documentation and pay fees totaling RSD 20,000 for first-time candidates and RSD 10,000 for retakes, plus republic administrative fees.

    SupervisionAuthorisations & approvalsLicensing and supervisory fees
  • 2025-04-28KazakhstanAstana Financial Services Authority

    Astana Financial Services Authority warns of social media accounts falsely claiming AFSA authorisation for cryptocurrency exchange services

    The Astana Financial Services Authority (AFSA) issued an alert about social media accounts falsely claiming AFSA authorisation for cryptocurrency exchange services. Identified accounts include "p2pcrypto_exchange" on Instagram and "P2P CRYPTO" on Telegram, which are not registered or licensed by AFSA. These activities may constitute criminal offences under Kazakhstan's Criminal Code, and AFSA advises users to verify entities via its Public Register before engaging in financial transactions.

    SupervisionAlertsFraud and scams
  • 2025-04-28AlbaniaAlbania Financial Services Authority

    Albania Financial Services Authority publishes January–March 2025 off-exchange government securities statistics led by primary-auction order transmission

    The Albania Financial Services Authority released Q1 2025 data on the off-exchange market for government securities, highlighting primary market activities and secondary-market turnover. Primary market orders and settlements at maturity accounted for 56.07% and 37.54% of total volume, respectively. In the secondary market, individual investors drove 96.94% of transactions, with long-term bonds comprising 58.13% of volume and short-term treasury bills 41.87%.

    Data & statisticsFinancial and market indicators
  • 2025-04-28Papua New GuineaBank of Papua New Guinea

    Bank of Papua New Guinea unveils designs for commemorative PGK 50 banknote and 50 toea coin to enter circulation in August 2025

    The Bank of Papua New Guinea has revealed the designs for a commemorative PGK 50 banknote and a 50 toea coin to celebrate the country's 50th anniversary of independence, set for circulation in August 2025. The banknote and coin feature the 50th Anniversary Logo, with the banknote showcasing national flora and fauna and the coin displaying a coloured inlay of the national flag.

    OtherCurrency and cash management
  • 2025-04-28North MacedoniaSecurities and Exchange Commission of the Republic of North Macedonia

    Securities and Exchange Commission of the Republic of North Macedonia holds TAIEX workshop on EU investment firms prudential framework under IFD and IFR

    The Securities and Exchange Commission of North Macedonia held a workshop in Skopje on the EU's new prudential framework for investment firms, with the EU Directorate for Inter-Neighbourhood Policy and Enlargement. Experts from Croatia's Financial Services Supervisory Agency trained on capital requirements and adequacy. This was the fourth TAIEX workshop on the Financial Instruments Act and the Law on Prospectuses and Transparency Obligations for Securities Issuers.

    Policy & regulationImplementation, projects & pilotsCapital adequacyPrudential risks
  • 2025-04-28GuernseyGuernsey Financial Services Commission

    Guernsey Financial Services Commission updates Syria sanctions designation details and reiterates asset-freeze obligations

    The Guernsey Financial Services Commission issued a Syria sanctions notice confirming amendments to identifying details for individuals and entities under the UK Syria (Sanctions) (EU Exit) Regulations 2019, while maintaining asset freezes. Businesses must verify relationships with designated persons, freeze related assets, and report findings to the States of Guernsey Policy and Resources Committee. Firms must also notify the Commission and comply with the Sanctions (Bailiwick of Guernsey) Law 2018.

    Policy & regulationRules & requirementsSanctions list update
  • 2025-04-28GuernseyGuernsey Financial Services Commission

    Guernsey Financial Services Commission launches beta Applications and Authorisations Portal for online licensing submissions

    The Guernsey Financial Services Commission has launched a beta version of its online Applications and Authorisations Portal to streamline licensing and authorisation submissions for financial services businesses in the Bailiwick. Following five months of industry testing, the portal supports submission quality and completeness and facilitates online collaboration. It currently offers standard and fast track investment licences, an insurance business licence, and a fiduciary discretionary exemption.

    Policy & regulationImplementation, projects & pilotsLicensing framework and process
  • 2025-04-28SwitzerlandSwiss National Bank

    Swiss National Bank publishes Q4 2024 Swiss financial accounts showing household wealth rose in 2024

    The Swiss National Bank released Q4 2024 financial accounts data, showing household financial assets increased by CHF 119 billion to CHF 3,146 billion, and net worth rose by CHF 180 billion to CHF 4,880 billion. Key drivers included transactions and capital gains in collective investment schemes, with insurance and pension schemes comprising 40% of assets. Household liabilities grew by CHF 22 billion to CHF 1,037 billion, primarily due to mortgage increases.

    Data & statisticsFinancial and market indicatorsMonetary data
  • 2025-04-28EuropeEuropean Central Bank

    European Central Bank presents 2024 Annual Report and highlights 175 basis point rate cuts while urging stronger banking union and non-bank oversight

    ECB Vice-President Luis de Guindos presented the 2024 Annual Report to the European Parliament’s ECON Committee, highlighting a 175 basis point reduction in the deposit facility rate to 2.25% since June 2024. He noted trade-related risks and financial market turmoil, emphasizing robust regulation of non-bank financial institutions and completion of the banking union. De Guindos advocated for effective crisis management and a European deposit insurance scheme.

    Policy & regulationReform agendas & prioritiesFinancial stability and systemic riskMonetary policy decisions and developments
  • 2025-04-28SeychellesSeychelles Financial Services Authority

    Seychelles Financial Services Authority warns Trade Spheres is falsely claiming FSA authorisation

    The Seychelles Financial Services Authority issued a scam alert regarding "Trade Spheres," which falsely claims FSA authorization and regulation. The FSA clarified that Trade Spheres is unlicensed and not regulated by them, and the cited licence number "SD018" belongs to a different entity. The public is advised to verify information before engaging with the website.

    SupervisionAlertsFraud and scamsUnlicensed or unauthorized activity
  • 2025-04-28SeychellesSeychelles Financial Services Authority

    Seychelles Financial Services Authority warns STAR TRADERS is falsely claiming FSA authorisation

    The Seychelles Financial Services Authority issued a scam alert regarding "STAR TRADERS," which falsely claims to be authorised and regulated by the FSA. The authority warns investors and the public to verify the legitimacy of entities before engaging in business. The FSA disclaims liability for any interactions with the unlicensed entity.

    SupervisionAlertsFraud and scamsUnlicensed or unauthorized activity
  • 2025-04-28GlobalIOSCO

    Committee on Payments and Market Infrastructures and International Organization of Securities Commissions assess EU PFMI implementation as fully consistent for payment systems and mostly consistent for CSDs with improvements recommended

    The BIS Committee on Payments and Market Infrastructures and IOSCO released a Level 2 assessment of the EU's adherence to the Principles for Financial Market Infrastructures. It finds full compliance for payment systems and mostly complete compliance for central securities depositories and securities settlement systems, recommending improvements in areas assessed as broadly or partly consistent. The assessment excludes developments post-October 2019 and does not cover the UK, which will undergo a separate evaluation.

    Policy & regulationPeer reviews and country evaluationsMarket infrastructure
  • 2025-04-28ThailandThailand Securities & Exchange Commission

    Thailand Securities and Exchange Commission announces Thai ESGX fund launch and LTF transfer process linked to new tax incentives

    The Thailand Securities and Exchange Commission, with the Ministry of Finance and other financial bodies, launched an initiative to promote subscriptions to Thailand ESG Extra Funds (Thai ESGX) and facilitate Long-Term Equity Fund (LTF) transfers into Thai ESGX under a new tax incentive program. A centralized service on the Stock Exchange of Thailand’s website will aid investor decisions. The asset management industry aims to raise at least THB 20 billion through Thai ESGX, with plans to expand the platform to include other tax-advantaged investment vehicles.

    Policy & regulationImplementation, projects & pilotsESGMarket development
  • 2025-04-28ThailandThailand Securities & Exchange Commission

    Thailand Securities & Exchange Commission consults on revised investment analyst refresher course rules with minimum hours and SET-led standards

    The Thailand Securities & Exchange Commission is consulting on proposed amendments to rules for investment analysts' refresher courses, aiming to align the renewal process with analysts' roles. The proposal includes a minimum training hours requirement and designates the Stock Exchange of Thailand as the central agency for setting training standards. Transitional provisions address analysts under current criteria and those seeking re-approval.

    Policy & regulationRules & requirementsOther
  • 2025-04-28ThailandThailand Securities & Exchange Commission

    Thailand Securities & Exchange Commission imposes THB 1,070,722 civil sanctions on Nex Point and Kanit Sriwachirapha over misleading related party disclosure

    The Thailand SEC imposed civil sanctions of THB 1,070,722 on Nex Point Public Company Limited and Mr. Kanit Sriwachirapha for concealing material facts about Mr. Kanit's shareholding in a related party transaction disclosed to the Stock Exchange of Thailand. Outdated shareholding information was used in NEX's disclosure, leading to penalties of THB 535,361 per person. Sanctions will be enforced upon consent, with potential civil lawsuits if settlement is refused.

    EnforcementInvestigations & enforcement actionsCorporate governance
  • 2025-04-28GreeceBank of Greece

    Bank of Greece Deputy Governor participates in IMF-World Bank Spring Meetings and discusses Greece’s 2025 IMF Financial Sector Assessment

    Bank of Greece Deputy Governor Christina Papaconstantinou attended the IMF and World Bank Spring Meetings in Washington, D.C., engaging in policy discussions and bilateral meetings. Key topics included Greece's 2025 Financial Sector Assessment Program (FSAP), financial literacy, and geopolitical impacts on central banks. Papaconstantinou also met with other central banks and IMF officials to discuss international economic developments and the resilience of the Greek economy.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-28NigeriaCentral Bank of Nigeria

    Central Bank of Nigeria revises PAPSS documentation rules with simplified KYC for transactions up to USD2,000 and USD5,000

    The Central Bank of Nigeria revised documentation for the Pan-African Payment & Settlement System (PAPSS), simplifying low-value transactions. Individuals and corporates can use basic KYC and AML documents for transactions up to USD2,000 and USD5,000 equivalent in NGN, respectively, while higher amounts need full documentation. Authorized dealer banks can source foreign exchange for PAPSS settlements through the Nigerian Foreign Exchange Market, and export proceeds must be certified by processing banks.

    Policy & regulationRules & requirementsCross-border payments
  • 2025-04-28NigeriaCentral Bank of Nigeria

    Central Bank of Nigeria eases documentation for low-value PAPSS transactions and permits market sourcing of FX for settlement

    The Central Bank of Nigeria revised documentation requirements for PAPSS transactions, allowing banks to use basic customer documentation for individual transactions below USD 2,000 and corporate transactions below USD 5,000 per month. Full foreign exchange documentation is required above these thresholds. Banks can source foreign exchange for PAPSS settlements through the Nigerian Foreign Exchange Market, and export proceeds must be certified by processing banks.

    Policy & regulationRules & requirementsKYCAML and CFT
  • 2025-04-28IcelandCentral Bank of Iceland

    Central Bank of Iceland lending survey signals steady household loan supply and slightly stronger corporate credit

    The Central Bank of Iceland's quarterly lending survey shows unchanged household loan supply and rules, with banks expecting a slight increase in residential mortgage supply and modest corporate credit growth over six months. Interest rates on inflation-indexed household loans rose slightly but are expected to decrease, while non-indexed rates decline due to key rate cuts and lower funding costs; corporate loan demand from large companies for foreign-denominated loans is rising, with pricing expected to ease.

    Data & statisticsMonetary data
  • 2025-04-28United KingdomHM Treasury

    UK HM Treasury proposes 90-day notice and written reasons before payment service providers close accounts

    UK HM Treasury proposes draft legislation to enhance protections against bank account closures, requiring banks and payment service providers to give at least 90 days' notice and a clear explanation before closing an account. This extends the current notice period from two months, allowing more time for individuals and small businesses to challenge closures and secure alternatives. Pending Parliamentary approval, the legislation is set to take effect on 28 April 2026.

    Policy & regulationRules & requirementsOther
  • 2025-04-28United KingdomHM Treasury

    HM Treasury publishes draft legislation for a comprehensive UK cryptoassets regulatory regime

    At the Innovate Finance Global Summit 2025, the Chancellor highlighted HM Treasury's priorities: draft legislation for UK cryptoassets regulation, the Private Intermittent Securities and Capital Exchange System (PISCES), consolidating the Payment Systems Regulator into the Financial Conduct Authority, and a Pension Schemes Bill to unlock GBP 80 billion. Upcoming steps include UK–US digital asset talks and a Financial Services Growth and Competitiveness Strategy announcement in July.

    Policy & regulationReform agendas & prioritiesFintech and insurtech
  • 2025-04-28EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority approves EGP 5.8bn sharia-compliant sukuk issues and cites EGP 12.8bn approvals since start of 2025

    The Egypt Financial Regulatory Authority approved two sharia-compliant sukuk issuances totaling EGP 5.8bn, including a EGP 3bn mudaraba sukuk by Bokra for Securitization and a musharaka sukuk by Al Ahly for Securitization. Total sukuk issuance in Egypt's capital market now stands at EGP 25.7bn, with EGP 12.8bn approved since 2025. The authority is reviewing additional issuances and aims to streamline procedures while ensuring market stability.

    SupervisionAuthorisations & approvalsSupervisory data
  • 2025-04-28RussiaCentral Bank of Russia

    Central Bank of Russia reports microfinance corporate lending rose nearly 25% in 2024 with commercial MFOs overtaking government-owned peers

    The Central Bank of Russia reported that microfinance organisations (MFOs) increased business lending by nearly 25% in 2024, with commercial MFOs surpassing government-owned ones for the first time, issuing over RUB 73 billion in microloans. Commercial MFOs primarily served small trading businesses, while government-owned MFOs focused on sectors like construction and agriculture. The State Duma is reviewing a draft law to raise the microloan cap to RUB 15 million.

    Policy & regulationRules & requirementsSME financing
  • 2025-04-28VietnamState Bank of Vietnam

    State Bank of Vietnam flags joint legal-framework work on digital assets and digital currency amid debate on using digital assets and carbon credits as loan collateral

    The State Bank of Vietnam and the Ministry of Finance are researching a legal framework for digital assets and currency, as discussed at a Hanoi workshop. Key topics included using digital assets and carbon credits as loan collateral, with a draft Law on Digital Technology Industry beginning to define these assets. Proposed measures involve clarifying legal status, developing banking provisions, and piloting use at financial institutions, referencing international practices.

    Policy & regulationImplementation, projects & pilotsOther
  • 2025-04-28VietnamState Bank of Vietnam

    State Bank of Vietnam sets 2025–2030 priorities for the National Credit Information Center as database coverage reaches 73.9% of adults

    The State Bank of Vietnam reported on the National Credit Information Center of Vietnam (CIC) Party Committee Congress for 2025–2030, highlighting policy directions from Governor Nguyen Thi Hong. The CIC is emphasized as essential banking infrastructure, with goals for an expanded credit information database, enhanced analytical capabilities, and improved information security. By end-2024, the credit database covered 73.9% of the adult population, surpassing the 70% target, and delivered over 91 million credit reports, supported by a completed legal framework and fee reductions over VND 655 billion.

    Institutional developmentLeadership change & appointmentsOther
  • 2025-04-28VietnamState Bank of Vietnam

    State Bank of Vietnam spotlights legal and operational barriers to using cryptoassets as bank collateral

    The State Bank of Vietnam's workshop report explored using blockchain-based digital assets as collateral in secured lending, noting legal uncertainty as a key constraint. Giacomo Merello highlighted international regulatory developments and challenges like smart contract risks. The report emphasized Vietnam's significant digital asset activity, urging clearer regulations and improved financial-risk and anti-money laundering controls.

    Policy & regulationGuidance & interpretationBlockchain and distributed ledger technologyStablecoins
  • 2025-04-28VietnamState Bank of Vietnam

    State Bank of Vietnam’s National Credit Information Centre elects new executive committee and sets 2025–2030 priorities for digital-era credit information

    The State Bank of Vietnam reported on the Party Congress of the National Credit Information Centre of Vietnam (CIC) for the 2025–2030 term, emphasizing developing a modern credit information system. CIC's achievements from 2020–2025 include a robust legal framework and a National Credit Information Database covering 73.9% of the adult population. The 2025–2030 agenda focuses on expanding database coverage, enhancing information security, and advancing digital transformation.

    Institutional developmentGovernanceOther
  • 2025-04-28MauritiusBank of Mauritius

    Bank of Mauritius formalises SUNREF programme collaboration to integrate climate-related financial risks into regulation

    The Bank of Mauritius, in collaboration with Agence Française de Développement, the EU Delegation, the Mauritius Bankers Association, and Business Mauritius, is implementing the "SUNREF - Cap sur la Finance Durable" Programme. This initiative aims to enhance sustainable finance by reinforcing regulatory frameworks, developing sectoral capacities, and promoting investments in environmental sustainability and inclusive economic development. The central bank will also strengthen its capacity to address climate-related financial risks through climate risk models, regulatory integration, and advancing its Climate Change Centre.

    Policy & regulationImplementation, projects & pilotsClimate risk and sustainable finance
  • 2025-04-28NorwayNorwegian Finanstilsynet

    Norwegian Financial Supervisory Authority criticises Ski Revisjon AS for handling replacement 2023 accounts filing and going concern reporting

    The Norwegian Financial Supervisory Authority (Finanstilsynet) published a report on Ski Revisjon AS, highlighting issues with an audit client's revised 2023 financial statements and the auditor's conduct. Finanstilsynet criticized the auditor for insufficient information in the replacement audit report and an inaccurate covering letter, potentially undermining trust in the auditor's objectivity. Additionally, the auditor's reporting on going concern was deemed inappropriate, warranting a qualified or adverse opinion under ISA 570 and ISA 705.

    SupervisionReviews, inspections & stress testsAuditing
  • 2025-04-28United StatesU.S. Securities & Exchange Commission

    U.S. Securities & Exchange Commission publishes new DERA market data reports on issuers, exempt offerings, securitization, money market funds and security-based swap dealers

    The U.S. Securities & Exchange Commission's Division of Economic and Risk Analysis has released new market data to enhance transparency in U.S. capital markets. The package includes six reports on public issuers, exempt offerings, Commercial Mortgage-Backed Securities, Asset-Backed Securities, money market funds, and security-based swap dealers. Key findings include issuer categorization, exempt offering statistics, and assessments of market structures and rating activities.

    ResearchFinancial and market indicatorsSupervisory data
  • 2025-04-28CanadaAlberta Securities Commission

    Alberta Securities Commission finds James Domenic Floreani and Jayconomics breached disclosure rules for social media investor relations posts on behalf of four issuers

    The Alberta Securities Commission panel found James Domenic Floreani and Jayconomics Inc. breached the Securities Act (Alberta) for undisclosed investor relations activities on social media. Floreani, acting as a "finfluencer," failed to disclose that posts on platforms like YouTube and X were made on behalf of Alberta issuers, violating disclosure requirements. The proceeding will advance to determine potential sanctions or cost-recovery orders.

    EnforcementInvestigations & enforcement actions
  • 2025-04-28ArgentinaArgentina Securities Commission (CNV)

    Argentina Securities Commission joins Rosario Board of Trade soybean auction and discusses simplifying rules to support agroindustry financing

    The Argentina Securities Commission (CNV) participated in the first soybean auction of the 2024/25 season at the Rosario Board of Trade, with CNV director Sonia Salvatierra emphasizing the regulator's commitment to addressing market needs and enhancing Argentina’s capital market. Salvatierra also met with Mercado Argentino de Valores (MAV) officials to discuss simplifying regulations and promoting financing instruments for agroindustry projects.

    Policy & regulationCooperationMarket development
  • 2025-04-28QatarQatar Financial Centre

    Qatar Financial Centre Authority signs MoU with Cyprus Chamber of Commerce and Industry to expand cross-border business cooperation

    The Qatar Financial Centre Authority signed a memorandum of understanding with the Cyprus Chamber of Commerce and Industry to enhance bilateral trade and cooperation in financial and professional services. The partnership includes joint initiatives, market insights exchange, and support for companies expanding into either market, with incentives and licensing guidance for CCCI-referred firms.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-28ArgentinaArgentina Superintendency of Insurance

    Argentina Superintendency of Insurance outlines transparency and regulatory-simplification agenda at Insurance Week 2025

    The Argentina Superintendency of Insurance, through Superintendent Guillermo Plate's remarks at the first Insurance Week 2025, emphasized a focus on transparency, open data, and regulatory simplification. Plate advocated for a supervision model balancing deregulation with effective controls to support growth and protect policyholders. He also stressed modernizing the supervisory authority to enhance efficiency and accessibility.

    SupervisionSupervision approach, priorities & toolkitOther
  • 2025-04-28MoldovaNational Bank of Moldova

    National Bank of Moldova requests an IMF Financial Sector Assessment Program during Washington meetings

    The National Bank of Moldova (NBM), led by Governor Anca Dragu, attended the IMF “Regional Economic Outlook” forum in Washington, emphasizing macroeconomic and financial-sector reform priorities. The visit included meetings with the IMF, World Bank, and US Department of the Treasury, focusing on external partnerships, inflation, and Moldova’s European integration. The NBM launched a Financial Sector Assessment Program to align with international standards and discussed anti-money laundering, financial inclusion, and digitalization.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2025-04-28United Arab EmiratesDubai International Financial Centre

    Dubai International Financial Centre reports 35% rise in 2024 gross written premiums to USD 3.5bn and launches first global insurance outlook report

    At the Dubai World Insurance Congress, the Dubai International Financial Centre (DIFC) reported a 35% increase in gross written premiums to USD 3.5 billion in 2024, with over 125 insurance and reinsurance entities operating there. DIFC released its first report on the global insurance industry's outlook, highlighting growth opportunities in the USD 8 trillion market, including climate and cyber risks, AI in claims, and collaboration with InsurTechs. The Congress, DIFC's largest to date, features 1,700 attendees from 82 countries and over 6,000 scheduled meetings.

    ResearchMarket development
  • 2025-04-28BahamasCentral Bank of the Bahamas

    Central Bank of the Bahamas publishes December 2024 Bank Lending Conditions Survey showing loan applications up 22.7% and approvals at 80.8%

    The Central Bank of the Bahamas' December 2024 Quarterly Bank Lending Conditions Survey shows improved lending conditions and increased private-sector credit demand, driven by consumer borrowing. Commercial banks processed 20,145 applications (up 22.7%) with an approval rate of 80.8%, while loan denials rose 17.2% due to high debt service ratios and prior delinquencies. Most surveyed banks reduced lending rates and adjusted terms, anticipating stable credit conditions in the near term.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2025-04-27Saudi ArabiaSaudi Arabian Monetary Authority

    Saudi Arabian Monetary Authority launches consultation on draft implementing rules update to expand finance company lending and lower licensing bank guarantees

    The Saudi Arabian Monetary Authority has launched a public consultation on proposed updates to the Implementing Regulations of the Finance Companies Control Law. Key changes include increasing the aggregate finance amount finance companies can offer and easing entry requirements by reducing bank guarantees for licence applications. The draft also revises provisions for related parties and outlines conditions for licence expiration.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2025-04-27MontenegroCentral Bank of Montenegro

    Central Bank of Montenegro governor endorses IMF plan for Southeast Europe regional technical assistance centre

    Montenegro's Central Bank Governor Irena Radovic endorsed the IMF's plan to establish a Regional Technical Assistance Centre for Southeast Europe to enhance economic management in the Western Balkans and Moldova. The centre will focus on fiscal, monetary, and financial sector policy, macroeconomic statistics, and legal aspects including AML/CFT. Radovic also participated in discussions on SEPA integration and regional regulatory challenges at the IMF/World Bank Spring Meetings.

    Policy & regulationCooperationAML and CFTDomestic cooperation
  • 2025-04-27Saudi ArabiaSaudi Arabian Monetary Authority

    Saudi Central Bank launches consultation on updated implementing rules for finance companies including higher aggregate financing and eased licensing guarantees

    The Saudi Central Bank (SAMA) is consulting on draft updates to the implementing regulations of the Finance Companies Control Law. Key proposals include increasing the aggregate financing amount finance companies can offer, easing licensing requirements by reducing bank guarantees, and revising provisions on related parties and licence expiration.

    Policy & regulationRules & requirementsLicensing framework and process
  • 2025-04-27GeorgiaNational Bank of Georgia

    National Bank of Georgia meets World Bank Treasury RAMP to deepen cooperation on foreign exchange reserve management

    The National Bank of Georgia reported on Governor Natia Turnava’s meeting with the World Bank Treasury’s Reserve Advisory and Management Partnership (RAMP) Program, emphasizing enhanced reserve management strategies. RAMP expressed readiness to deepen cooperation through expertise sharing and technical assistance. The National Bank of Georgia has been part of RAMP since 2009, with the partnership renewed in October 2024 for three more years.

    Policy & regulationCooperationCapacity buildingDomestic cooperation
  • 2025-04-27GeorgiaNational Bank of Georgia

    National Bank of Georgia spotlights gender quotas for bank boards and financial education at World Bank women governors meeting

    Natia Turnava of the National Bank of Georgia attended a World Bank meeting of women central bank governors, discussing gender issues and women's financial inclusion. She highlighted initiatives like a Financial Education Portal and a revised Corporate Governance Code with gender quotas to empower women and improve financial access. Women hold 54% of senior and middle management roles at the bank, and five of the nine Supervisory Board members are women.

    Financial literacy & educationDiversity and inclusion
  • 2025-04-27North MacedoniaNational Bank of the Republic of North Macedonia

    National Bank of the Republic of North Macedonia sets 5 October 2025 start for SEPA connectivity and adopts 12 bank resolution decisions

    The National Bank of the Republic of North Macedonia announced its accession to the Single Euro Payments Area (SEPA) and regulatory amendments for domestic payment service providers to connect to SEPA systems by October 2025. Preparations with domestic banks are underway for integration into the European payments ecosystem, focusing on instant payments in 2026. The update also highlights World Bank assistance in strengthening the macroprudential framework and completing secondary legislation under the Bank Resolution Law.

    Policy & regulationRules & requirementsCross-border payments
  • 2025-04-27IraqCentral Bank of Iraq

    Central Bank of Iraq launches Financial Inclusion Week focused on people of determination and vulnerable groups

    The Central Bank of Iraq launched Iraq’s Financial Inclusion Week, focusing on enhancing financial inclusion and awareness for vulnerable groups, with activities including workshops, exhibitions, and campaigns from 27 April to 5 May 2025, in coordination with banking associations.

    Financial literacy & educationFinancial inclusionFinancial literacy and education
  • 2025-04-27EuropeEuropean Council

    European Council highlights Bulgaria’s euro adoption path and links EU competitiveness to defence investment during visit

    The European Council, visiting Bulgaria, emphasized its recent Schengen accession and progress towards euro adoption, with inflation as a key eurozone entry criterion. The visit highlighted EU priorities of competitiveness and defence, with stops in Sofia and Stara Zagora showcasing defence industries and AI research. An upcoming assessment by the European Commission and European Central Bank will evaluate Bulgaria's inflation criterion.

    Policy & regulationReform agendas & prioritiesOther
  • 2025-04-27KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo takes part in IMF discussions on Europe’s economic outlook and the proposed South East Europe technical assistance centre

    Governor Ahmet Ismaili of the Central Bank of Kosovo attended IMF meetings with regional central bank governors and Western Balkan counterparts, discussing Europe's economic outlook and a proposal for an IMF South East Europe Technical Assistance Center (SETAC). Chaired by IMF Europe Director Alfred Kammer, the meetings reviewed economic developments and SETAC's scope, including monetary and fiscal policy, financial stability, and anti-money laundering efforts.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-27EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority moves to operationalise a regulated voluntary carbon market with project registrations and accreditation of three verifiers

    The Egypt Financial Regulatory Authority (FRA) outlined progress in establishing Africa's first supervised voluntary carbon market, using the Egyptian Exchange as the trading platform. The FRA issued rules for listing and delisting carbon emission reduction certificates, set standards for accrediting local registries, and approved trading and settlement rules. The FRA also emphasized the need for awareness-building, robust infrastructure, and high-quality certificates, particularly in the agriculture sector.

    Policy & regulationRules & requirementsClimate risk and sustainable finance
  • 2025-04-27EgyptCentral Bank of Egypt

    Central Bank of Egypt meets IMF Deputy Managing Director to review macroeconomic developments under IMF-supported reform programme

    The Central Bank of Egypt's Governor Hassan Abdalla met with IMF Deputy Managing Director Nigel Clarke to enhance bilateral cooperation and review Egypt's macroeconomic indicators under the IMF-supported reform programme. The meeting, held during the IMF and World Bank Group Spring Meetings, included key Egyptian ministers and officials. Clarke praised Egypt's handling of economic challenges and its commitment to reforms.

    Policy & regulationCooperationDomestic cooperation
  • 2025-04-27PalestinePalestine Monetary Authority

    Palestine Monetary Authority governor concludes Washington meetings to mobilise international support and press for a larger IMF role for Palestine

    The Palestine Monetary Authority (PMA) reported that Governor Yahya Shunnar concluded an official visit to Washington, D.C., during the IMF and World Bank Spring Meetings. The delegation engaged in discussions to strengthen cooperation and support for the Palestinian economy, focusing on financial stability, inclusion, and support for small and medium-sized enterprises. Governor Shunnar advocated for increased IMF support and representation for Palestine, emphasizing transparency and economic reforms amid ongoing challenges.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-26GhanaMinistry of Finance (Ghana)

    Ghana’s Ministry of Finance engages Ghana Heritage Club in Washington and highlights USD 400 million plus World Bank DPO increase and Bank of Ghana legal reform work

    Ghana’s Finance Minister Dr. Cassiel Ato Forson, at the IMF and World Bank Spring Meetings, emphasized using external financing for impactful investments over non-productive spending. The World Bank’s Development Policy Operation facility for Ghana will increase to over USD 400 million. Bank of Ghana Governor Dr. Johnson Asiama announced a new legal framework supported by Bretton Woods institutions and projected no losses for the central bank this year.

    Policy & regulationReform agendas & prioritiesCross-border cooperation
  • 2025-04-26GhanaMinistry of Finance (Ghana)

    Ghana’s Ministry of Finance meets the IFC to deepen cooperation on targeted investment and financial sector support

    Ghana’s Ministry of Finance and the IFC discussed enhancing cooperation and targeting IFC investments in infrastructure, agriculture, and private sector capital mobilization. The IFC expressed interest in leveraging Ghana's diaspora for development and supporting financial sector stabilization. Finance Minister Cassiel Ato Forson and Bank of Ghana Governor Johnson Asiama emphasized the importance of collaboration.

    Policy & regulationCooperationDomestic cooperation
  • 2025-04-26RwandaRwanda Capital Markets Authority

    Capital Market Authority of Rwanda promotes SME access to finance through its Capital Market Investment Clinic

    The Capital Market Authority of Rwanda, with the Rwanda Stock Exchange, is advancing efforts to help small and medium-sized enterprises access sustainable financing through Rwanda’s capital markets. The Authority highlighted its dual role as regulator and market enabler, emphasizing reforms to support businesses and ensure governance standards for investor trust. The Investment Clinic is a practical channel for prospective issuers to meet governance standards and build investor confidence.

    Policy & regulationImplementation, projects & pilotsSME financing
  • 2025-04-26TanzaniaTanzania Insurance Regulatory Authority

    Tanzania Insurance Regulatory Authority participates in national cultural and arts exhibition to provide public insurance education

    Tanzania Insurance Regulatory Authority (TIRA) joined the National Exhibition of Cultural and Artistic Works in Dar es Salaam to educate the public on insurance. TIRA highlighted its core functions, such as registering and licensing insurance providers, issuing market regulations, and advising the government on insurance matters. Visitors were encouraged to engage with TIRA for education and resolution of insurance-related issues.

    Financial literacy & educationFinancial literacy and education
  • 2025-04-26NigeriaMinistry of Finance (Nigeria)

    Nigeria’s Ministry of Finance reiterates target of single-digit inflation and large-scale job creation following the 2025 IMF and World Bank Spring Meetings

    Nigeria’s Ministry of Finance, led by Finance Minister Wale Edun, aims to achieve single-digit inflation and job creation through infrastructure investment and private sector engagement. The budget will be adjusted to align with current realities, and international partners have acknowledged Nigeria's reform progress. Central Bank Governor Olayemi Cardoso emphasized the commitment to reducing inflation and noted increased investor interest.

    Policy & regulationReform agendas & prioritiesEconomic data and developments
  • 2025-04-26GeorgiaNational Bank of Georgia

    National Bank of Georgia discusses monetary policy outlook and cooperation with Federal Reserve Bank of New York

    The National Bank of Georgia's Governor Natia Turnava met with a Federal Reserve Bank of New York delegation to discuss macroeconomic outlooks, monetary policy, and institutional cooperation. The meeting, held during the IMF and World Bank Spring Meetings, emphasized Georgia's low inflation and financial sector resilience. Both parties expressed interest in strengthening bilateral engagement.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-26North MacedoniaNational Bank of the Republic of North Macedonia

    National Bank of the Republic of North Macedonia highlights 40% higher foreign exchange reserves and stronger bank capital at IMF Spring Meetings

    The National Bank of the Republic of North Macedonia reported on Governor Anita Angelovska-Bezoska’s participation in the IMF and World Bank Spring Meetings, focusing on economic resilience and external uncertainties. Foreign exchange reserves have increased by 40% since the pre-crisis period, driven by foreign direct investment inflows of 7.1% of GDP in 2024. The banking system's resilience has improved, with a stronger capital position supporting credit growth, while IMF projections indicate slower global growth and disinflation amid trade-related risks.

    Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
  • 2025-04-26ChinaCentral Bank of the Republic of China

    People's Bank of China Governor Pan calls for faster IMF quota reform and stronger policy coordination at IMFC meeting

    People's Bank of China Governor Pan Gongsheng, at the IMF's 51st International Monetary and Financial Committee meeting, urged accelerated IMF quota reform and enhanced macroeconomic policy coordination amid rising trade tensions. The IMFC emphasized a strong, quota-based IMF and called for completing domestic processes to implement the sixteenth general review's quota increase. Pan criticized recent US tariff measures for undermining multilateral governance and advocated supporting the multilateral trading system.

    Policy & regulationInternational standards & recommendationsMonetary policy decisions and developments
  • 2025-04-26ChinaCentral Bank of the Republic of China

    People’s Bank of China governor meets World Bank president to deepen practical financial cooperation

    The People’s Bank of China released a readout of Governor Pan Gongsheng’s meeting with World Bank President Ajay Banga, discussing cooperation. Pan highlighted global economic instability due to unilateralism and protectionism, and emphasized China's moderately loose monetary and proactive fiscal policies. The bank expressed willingness to deepen financial cooperation with the World Bank and support multilateralism for global economic development.

    Monetary policyOtherCross-border cooperation
  • 2025-04-26ChinaCentral Bank of the Republic of China

    People's Bank of China outlines 2025 accounting and finance priorities including audit rectification and tighter oversight of affiliated entities

    The People's Bank of China held its 2025 Accounting and Finance Work Conference to review 2024 outcomes and set priorities for the coming year. The 2025 agenda emphasizes rectifying issues from inspections and audits, enhancing financial resource management, and improving governance and oversight of affiliated entities. Deputy Governor Tao Ling and representatives from relevant departments and agencies attended the meeting.

    Institutional developmentGovernanceAuditing
  • 2025-04-26ChinaCentral Bank of the Republic of China

    People's Bank of China meets ECB, Bank of England and EU officials to deepen financial cooperation and policy coordination

    At the IMF and World Bank Spring Meetings, People's Bank of China Governor Pan Gongsheng discussed global and China-Europe economic conditions with European financial leaders, emphasizing the need for enhanced bilateral financial cooperation. Pan noted China's strong economic start in Q1 and advocated for proactive macroeconomic policies and strengthened policy communication through existing China-EU and China-UK financial mechanisms.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-26ThailandThailand Office of Insurance Commission

    Thailand Office of Insurance Commission verifies motor insurance cover and coordinates advance payments after 8-fatality Samut Prakan motorway crash

    Thailand’s Office of Insurance Commission (OIC) deployed teams to verify insurance coverage and coordinate claims after a multi-vehicle crash on Motorway 7. Insurers confirmed coverage through the OIC’s platform, with specific benefit caps for medical expenses, disability, and compensation. The OIC emphasized the "advance payment" approach for compulsory motor insurance, coordinating with insurers and hospitals to ensure treatment entitlements, pending the police investigation's outcome on liability.

    SupervisionInterventionsOther
  • 2025-04-26United Arab EmiratesNational Anti-Money Laundering and Combating Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC)

    UAE National Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations Committee concludes Morocco visit to strengthen financial crime cooperation

    The UAE National Anti-Money Laundering Committee concluded a three-day visit to Morocco to strengthen cooperation on money laundering, terrorism financing and proliferation financing. Discussions focused on sanctions, risk assessments, artificial intelligence and risk-based supervision, including preparations for upcoming mutual evaluations.

    Policy & regulationCooperationAML and CFTArtificial intelligenceCross-border cooperation
  • 2025-04-26SerbiaNational Bank of Serbia

    National Bank of Serbia meets IMF Europe Director as the Fund projects 3.5% GDP growth in 2025

    The National Bank of Serbia reported on a meeting with the IMF, highlighting Serbia's economic performance and policy mix amid global uncertainty. The IMF praised Serbia's economic program, noting adequate monetary policy, strong foreign exchange reserves, and prudent fiscal policy. Serbia's GDP growth is projected at 3.5% in 2025 and 4.2% in 2026, with smaller downward revisions compared to regional peers.

    Monetary policyMonetary policy assessments & outlooksMonetary policy decisions and developments
  • 2025-04-26SerbiaNational Bank of Serbia

    National Bank of Serbia Governor highlights maintaining the policy rate and dinar stability at International Monetary Fund European outlook meeting

    Governor Jorgovanka Tabaković of the National Bank of Serbia stressed maintaining macroeconomic and financial stability through coordinated monetary and fiscal policies amid global uncertainty at the IMF and World Bank meetings. Key risks include geopolitical tensions, energy price volatility, and rising protectionism. Serbia's strategy involves cautious policy adjustments, maintaining the reference interest rate, stabilizing the dinar against the euro, and holding record foreign exchange reserves to manage inflation and support stability.

    Monetary policyMonetary policy assessments & outlooksEconomic data and developments
  • 2025-04-26MontenegroCentral Bank of Montenegro

    Central Bank of Montenegro highlights SEPA accession progress and calls for a path to direct participation in TIPS at World Bank round table

    At the IMF/World Bank Spring Meetings, Central Bank of Montenegro Governor Irena Radovic discussed payment systems modernization in the Western Balkans, focusing on SEPA alignment and the TIPS Clone project. She noted that the Central Bank of Montenegro and key banks have applied to join SEPA schemes, receiving positive feedback from the European Payments Council. Radovic also engaged in discussions on financial inclusion, women's economic empowerment, and global economic challenges at the International Monetary and Financial Committee's plenary meeting.

    Policy & regulationImplementation, projects & pilotsCross-border payments
  • 2025-04-26KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo promotes TIPS Clone and a regional instant payments system at World Bank Western Balkans roundtable

    Governor Ahmet Ismaili of the Central Bank of Kosovo attended a World Bank roundtable on Western Balkans payment systems, stressing the need for regional instant payment infrastructure and digitalization. He noted Kosovo's alignment with the National Strategy for Retail Payments and collaboration with the Bank of Italy on the TIPS Clone project. The discussion highlighted regional coordination, stakeholder involvement, and European institutional support.

    Policy & regulationImplementation, projects & pilotsCross-border cooperationPayments and payment systems
  • 2025-04-26KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo reaffirms cooperation with the IMF after completing the Stand-By Agreement and Resilience and Sustainability Facility

    The Central Bank of the Republic of Kosovo reported on Governor Ahmet Ismaili's meeting with IMF's European Department Director Alfred Kammer, focusing on financial-sector developments and ongoing IMF–Kosovo cooperation. Discussions included strengthening Kosovo’s legal and regulatory framework, completing the Stand-By Agreement and Resilience and Sustainability Facility, and enhancing bank capitalization. Kammer emphasized financial stability progress and deeper cooperation, with the Governor acknowledging IMF support.

    Policy & regulationImplementation, projects & pilotsCross-border cooperation
  • 2025-04-26EgyptEgypt Financial Regulatory Authority

    Egypt Financial Regulatory Authority reports EGP 118.5bn in regulated financing and EGP 9.6bn in insurance premiums for February 2025

    The Egypt Financial Regulatory Authority released February 2025 statistics, reporting total financing of EGP 118.5bn across capital market and non-banking financial sectors. Key figures include equity issuances of EGP 49.6bn, non-equity securities of EGP 32.6bn, and MSME financing balances of EGP 83.3bn. Additionally, sustainable development corporate bonds worth USD 499m were issued, with the EGP equivalent at an average exchange rate of EGP 50.44 per USD.

    Data & statisticsActivity and performance reporting
  • 2025-04-26VietnamState Bank of Vietnam

    State Bank of Vietnam supports proposal for VND 5,000bn central budget injection to raise Cooperative Bank charter capital

    The State Bank of Vietnam Governor proposed using VND 5,000bn from the state budget to increase the Cooperative Bank's charter capital, aiming to enhance its financial capacity and support nearly 1,200 People’s Credit Funds. The National Assembly’s Economic and Financial Committee agreed in principle but highlighted legal and procedural issues, including alignment with the Public Investment Law and budget framework. The Committee requested clarification on funding sources, budget balancing, and a detailed capital-use plan.

    Policy & regulationImplementation, projects & pilotsSME financing
  • 2025-04-26VietnamState Bank of Vietnam

    State Bank of Vietnam spotlights European Investment Bank’s record EUR 3 billion EU Green Bond Standard issuance

    The State Bank of Vietnam published an overview of the European Union Green Bond Standard (EuGBS) and highlighted the European Investment Bank’s (EIB) EUR 3 billion Climate Awareness Bond as the largest EuGBS-labelled issuance. Effective from late 2024, the EuGBS aims to enhance transparency in green bond disclosures. The EIB's issuance attracted orders exceeding EUR 40 billion, with BNP Paribas, Crédit Agricole, Deutsche Bank, and LBBW as lead managers.

    Policy & regulationGuidance & interpretationGreen taxonomy
  • 2025-04-26VietnamState Bank of Vietnam

    State Bank of Vietnam reports 22% annual green credit growth to 50 lenders and calls for a national green taxonomy

    At a workshop on "unlocking green credit flows," the State Bank of Vietnam emphasized green credit and ESG implementation as vital to Vietnam's green transition, highlighting progress and policy gaps. Senior Deputy Governor Dao Minh Tu noted constraints like the lack of a national green classification list and a common ESG framework. The central bank outlined measures including a banking-sector action plan and coordination with the agriculture ministry to support sustainable initiatives, with green credit growth averaging over 22% annually from 2017 to 2024.

    Policy & regulationCooperationClimate risk and sustainable finance
  • 2025-04-26EgyptCentral Bank of Egypt

    Central Bank of Egypt governor sets out emerging market risks and Africa financing priorities at G20 finance ministers and central bank governors meeting

    Central Bank of Egypt Governor Hassan Abdalla attended the G20 Finance Ministers and Central Bank Governors Meeting in Washington, D.C., emphasizing pressures on emerging markets and advocating for stronger global policy coordination. He identified trade wars, supply chain disruptions, and macroeconomic vulnerabilities in Africa as key challenges, urging the use of the African Continental Free Trade Area and increased private capital to counter trade fragmentation. Abdalla proposed enhancing multilateral development institutions' lending capacity through hybrid capital and Special Drawing Rights rechanneling.

    Policy & regulationCooperationEconomic data and developmentsFinancial stability and systemic risk
  • 2025-04-26PalestinePalestine Monetary Authority

    Palestine Monetary Authority meets World Bank and IMF to strengthen cooperation on support for the Palestinian economy

    The Palestine Monetary Authority reported that Governor Yahya Shunnar met with senior World Bank and IMF officials in Washington, D.C. to enhance cooperation supporting the Palestinian economy. Discussions with World Bank Vice President Ousmane Dione and IMF Director Jihad Azour, attended by Palestinian Finance Minister Omar Al-Bitar, focused on maintaining banking stability and economic development despite challenges from Israeli aggression. The World Bank and IMF reaffirmed their commitment to supporting Palestine's economic and financial needs.

    Policy & regulationCooperationDomestic cooperationFinancial stability and systemic risk
  • 2025-04-25NicaraguaCentral Bank of Nicaragua

    Central Bank of Nicaragua publishes 2024 Macroeconomic Statistics Yearbook with updated 2006–2024 series

    The Central Bank of Nicaragua released the 2024 Macroeconomic Statistics Yearbook, detailing economic and financial statistics from 2006 to 2024. The Yearbook, available digitally, includes updated indicators and aligns with international standards, complementing the historical series on the Bank's website.

    Data & statisticsEconomic data and developments
  • 2025-04-25PanamaSuperintendencia de Bancos de Panama

    Superintendency of Banks of Panama publishes Q1 2025 Banking Activity Report showing loan and deposit growth and solvency at 15.29%

    The Superintendency of Banks of Panama reported continued balance-sheet growth for the National Banking System and International Banking Center as of March 2025, with liquidity and solvency ratios exceeding regulatory minimums. SBN credit rose 4.7% to USD 64.25bn, driven by commerce and personal consumption, while CBI net loans increased 9.6% to USD 97.647bn. Deposits and net assets grew significantly across both banking sectors despite tighter financial margins and high funding costs.

    Data & statisticsCapital adequacyLiquidity riskPrudential risks
  • 2025-04-25ColombiaSuperintendencia Financiera de Colombia

    Financial Superintendence of Colombia convenes sixth capital markets roadmap roundtable and launches five new workstreams

    The Financial Superintendence of Colombia hosted the sixth "Capital Markets in Colombia" session, highlighting progress on the capital markets roadmap and priorities for market strengthening. Key discussions included securities market regulation, liquidity, and SME financing, with plans for an English-language portal for foreign investors. Participants agreed to form five working groups on liquidity, financial advice, innovation, alignment, and promotion.

    Policy & regulationReform agendas & prioritiesMarket development
  • 2025-04-25MontenegroCentral Bank of Montenegro

    Central Bank of Montenegro ranks 12th in OMFIF Gender Balance Index and advances European System of Central Banks alignment talks

    The Central Bank of Montenegro (CBCG) ranked 12th in the Gender Balance Index 2025 among 185 central banks. Governor Irena Radovic discussed cooperation and future membership in the European System of Central Banks (ESCB) at the IMF/World Bank Spring Meetings, emphasizing alignment with ESCB standards. Radovic also highlighted leadership diversity's role in sustainable development and CBCG's initiatives on financial education and access.

    Policy & regulationCooperationDiversity and inclusion
  • 2025-04-25MontenegroMontenegro Capital Market Authority

    Montenegro Capital Market Authority and FINVEO MN award prizes in a primary school CFD demo trading competition

    The Montenegro Capital Market Authority, in collaboration with FINVEO MN, concluded a demo trading competition for primary school students, marking the first such educational initiative in capital markets for this age group. The competition, part of a broader educational program, included workshops on trading basics and market analysis. The authority plans to continue similar initiatives to enhance financial literacy among young students.

    Financial literacy & educationOther
  • 2025-04-25MontenegroMontenegro Capital Market Authority

    Montenegro Capital Market Authority launches consultation on draft rules for asset valuation and unit pricing in publicly offered open-ended funds

    The Montenegro Capital Market Authority has released draft rules for valuing assets and determining unit prices for open-ended investment funds with a public offering, initiating a public consultation. The draft, adopted under Articles 219 and 209(9) of the Law on Open-ended Investment Funds with Public Offering, outlines the proposed valuation and pricing methodology.

    Policy & regulationRules & requirementsOther
  • 2025-04-25AngolaAngola Capital Markets Commission

    Angola Capital Markets Commission approves Oneproperty registration as real estate valuer for collective investment undertakings

    The Angola Capital Markets Commission has approved Oneproperty, Lda as a Real Estate Valuer for Collective Investment Undertakings. Additionally, individual valuers Jeremias Adelino Capundo Alfredo and Paulo Joaquim Gouveia Ramos are registered to act exclusively for Oneproperty. The firm is authorized to conduct valuations of real estate in asset portfolios of collective investment undertakings.

    SupervisionAuthorisations & approvalsLicence approval
  • 2025-04-25AngolaAngola Capital Markets Commission

    Angola Capital Markets Commission registers CINE4U as a real estate valuer for collective investment undertakings

    The Angola Capital Markets Commission approved CINE4U – Prestação de Serviços, Lda as a corporate real estate valuer for collective investment undertakings. Individual valuers João Salvador Caiaia and Melanie Ariete Fernandes Calembe de Oliveira are registered to act exclusively for CINE4U. The firm is authorized to value properties in asset portfolios of collective investment undertakings.

    SupervisionAuthorisations & approvalsLicence approval
  • 2025-04-25British Virgin IslandsMinistry of Finance (British Virgin Islands)

    Government of the Virgin Islands publishes 2025 terrorist financing risk assessment and flags medium-high risk from misuse of Virgin Islands entities via virtual assets

    The Government of the Virgin Islands published its Terrorist Financing Risk Assessment 2025, identifying a medium-high risk in terrorist fund movement through Virgin Islands entities, especially via virtual asset platforms and business companies. Developed by a cross-agency working group, it recommends enhanced training, improved detection of virtual asset threats, and strengthened data sharing. Findings will guide reforms, including enhancements to the virtual asset regulatory framework and law enforcement coordination.

    Policy & regulationOtherAML and CFT
  • 2025-04-25British Virgin IslandsMinistry of Finance (British Virgin Islands)

    British Virgin Islands Ministry of Financial Services publishes National Strategic AML/CFT/CPF Action Plan through 2026

    The Virgin Islands Government released a National Strategic Action Plan on anti-money laundering, countering terrorism financing, and countering proliferation financing (AML/CFT/CPF) to align with Financial Action Task Force standards. Approved by the National Anti-Money Laundering Coordinating Council, the plan outlines legislative, regulatory, and operational priorities, including enhanced supervision and improved transparency. Implementation will be monitored by the Council through 2026.

    Policy & regulationReform agendas & prioritiesAML and CFT
  • 2025-04-25KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo briefs World Bank Vice President on SEPA pre-application and financial sector projects

    The Central Bank of the Republic of Kosovo reported on Governor Ahmet Ismaili's meeting with World Bank Vice President Antonella Bassani during the 2025 IMF and World Bank Spring Meetings, discussing Kosovo’s financial sector developments and SEPA accession progress. They reviewed a new project for an instant payments system with the Bank of Italy and other initiatives, including capitalising the Deposit Insurance Fund and enhancing the Credit Guarantee Fund. Governor Ismaili also participated in a World Bank Constituency meeting, noting Kosovo's transition to contributing to International Development Association funds.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-25KosovoCentral Bank of the Republic of Kosovo

    Central Bank of the Republic of Kosovo meets IMF Deputy Managing Director to deepen cooperation after completing SBA and RSF programmes

    The Central Bank of the Republic of Kosovo's Governor Ahmet Ismaili met with IMF Deputy Managing Director Bo Li to discuss economic and financial-sector developments and reaffirm cooperation. The meeting highlighted Kosovo's financial sector performance, structural reforms, and successful completion of IMF cooperation programmes. Li praised Kosovo's progress on financial stability and emphasized ongoing IMF–central bank collaboration.

    Policy & regulationCooperationCross-border cooperation
  • 2025-04-25BelgiumBelgium Financial Services and Markets Authority

    Belgium Financial Services and Markets Authority publishes Insurance Commission opinion on potential discrimination between physical and mental conditions in insurance

    The Belgium Financial Services and Markets Authority released an Insurance Commission opinion addressing potential discrimination between physical and mental conditions in insurance. The opinion, requested by Deputy Prime Minister Pierre-Yves Dermagne, is available in Dutch and French.

    Policy & regulationGuidance & interpretationOther