The Central Bank of Chile and INACAP have selected seven schools for the final of the 2026 National Financial Education Olympiad. The finalists emerged from 28 teams nationwide and will compete at the central bank in October.
The Central Bank of Brazil reported that Pix processed nearly 80 billion transactions worth more than BRL 35 trillion in 2025. Its 2023-2025 review covers new payment features and security enhancements, while the future agenda includes improvements to Pix Automático, hybrid billing and international interoperability.
The Brazil Securities Commission and the CFTC agreed to strengthen technical cooperation and coordinate in international forums. Their discussions focused on financial innovation and regulatory approaches to asset tokenization.
The Canadian Bankers Association will recognize members of the Toronto Police Service and Ontario Provincial Police for investigations into financial crime. The awards cover work against synthetic identity fraud schemes and distraction thefts targeting vulnerable Canadians.
All licensed insurers in Ontario must file their 2026 Annual Auto Insurance Attestation through the regulator’s portal by October 30, 2026. They must report all Minor Rating and Underwriting Rule Errors for 2026 by February 16, 2027.
The Central Bank of Aruba reported that its Business Perception Index rose 3.2 percentage points to 107.5 in the second quarter of 2026, indicating continued optimism. No respondents expected negative growth over the next 12 months, while 56.4% anticipated flat growth.
The National Bank of Georgia presented updated reporting requirements for currency exchange offices and lending entities at regional seminars attended by more than 200 participants. It also provided revised instructions for financial reporting and use of the electronic portal, with further meetings planned.
The National Bank of Georgia published interactive money transfer statistics for July 2026.
The Danish Financial Supervisory Authority requires managers of open-ended funds to use a new template when reporting the activation or deactivation of suspensions and other liquidity management tools. Firms must submit a separate notification for each fund, while the existing form on virk.dk is unavailable during a transitional period.
The Superintendency of Banks of the Dominican Republic has issued nonbinding guidance to help financial intermediaries implement environmental and social risk management systems. The guide covers governance, due diligence, risk categorization and integration into credit processes, with proportionate application based on each institution’s size, complexity and risk profile.
The Dominican Republic's Pensions Superintendency revised its pension statistics methodology, reducing affiliates by 5.9% to 4,895,292 at the end of July 2026. Contributors increased to 2,437,079 after the late-payment window was extended to 12 months, while contribution density rose from 41.0% to 49.8%. Monthly figures will remain preliminary and subject to revision.
The Monetary Authority of Singapore outlined industry work to strengthen financing for local and overseas businesses from start-up through pre-IPO stages. The Growth Capital Workgroup is considering innovative financing, regulatory changes, talent measures and ways to expand funding and investor exit options. No timeline for decisions was specified.
The Italian Institute for Insurance Supervision ordered three websites blocked for offering insurance services without authorization. Blocking is underway, bringing the number of unauthorized sites blocked since November 2023 to 389.
R. Brian Langrin will become governor of the Bank of Jamaica on Aug. 19, 2026, succeeding Richard Byles. Langrin previously held senior roles at the central bank and international financial institutions, and advised the Caribbean Community on digital financial market infrastructure.
The Central Bank of Barbados has seized control of Zeemoney after finding it unlikely to meet its obligations and citing concerns over financial probity and business practices. Zeemoney’s licensed activities remain suspended, and the central bank plans to seek its compulsory winding-up. Customers and creditors should retain their records and make no new payments without central bank authorization.
The State Bank of Pakistan has revoked Al-Rahim Exchange Company’s license with immediate effect for serious regulatory violations, barring its head office and all branches from foreign exchange-related business.
The Bank of Cape Verde recorded 278 consumer complaints in 2025, with banking complaints up 11.87% and insurance complaints up 26.92%. Fraud complaints rose 150% to 25, while the central bank imposed 25 supervisory measures. Financial institutions returned ECV 3,154,582 to consumers.
The Thailand Securities and Exchange Commission has expanded major shareholder approval rules for derivatives business operators to capture ultimate controllers and persons acting in concert. Operators must review their ownership structures and seek approval within 180 days of Aug. 16, 2026, for newly covered major shareholders.
The U.S. Department of the Treasury has proposed a framework clarifying when payment stablecoin issuers require a GENIUS Act license and when stablecoins are offered or sold in the United States. The rules would implement restrictions on unlicensed issuance and on the U.S. distribution of foreign-issued or unlicensed stablecoins.
The Indonesia Financial Services Authority outlined its expanded mandate covering a strategic minerals and commodities exchange, capital market reform and development of the carbon market. Priorities include exchange demutualization, an Indonesia Reference Price and a carbon registry connected to a credible, transparent market ecosystem.
The Securities and Exchange Board of India has consolidated the forms for in-principle approval and final mutual fund registration into a single two-stage application. The revised form covers sponsor eligibility and governance as well as the proposed asset management company’s operations, controls and infrastructure, while all other Master Circular conditions remain unchanged.
The Hong Kong Monetary Authority warned the public about fraudulent banking websites, login screens, phishing emails and other scams. Customers should not follow transaction links or disclose passwords or one-time passwords by phone, email or SMS, and victims should contact their bank and the police.
Hong Kong Interbank Clearing Limited has warned of two fraudulent websites offering purported buyer protection services for Faster Payment System transactions. The websites are unaffiliated with the company, which does not usually contact individuals proactively or provide payment services directly to the public.
Hong Kong credit card receivables fell 2.1% to HKD 154.6 billion at end-June 2026. The combined delinquent and rescheduled ratio declined to 0.42%, while the charge-off ratio rose to 0.61%.
The Central Bank of Russia has appointed Egor Kozlov as head of the Risk Analysis Service from Aug. 18, 2026.
The National Bank of the Kyrgyz Republic fined one commercial bank KGS 64,518.40 for breaching mandatory reserve requirements between July 13 and Aug. 9, 2026.
The UK Financial Conduct Authority has appointed Sabina Saini and Darine Obeid as financial services attachés in India and the UAE. The expanded network will support regulatory cooperation, UK financial services exports and inward investment.
The Swiss National Bank has appointed Ulrich Bindseil as Director of Study Center Gerzensee from Jan. 1, 2027. He will succeed Martin Brown, who will become Head of the central bank’s Economic Affairs division on Oct. 1, 2026.
The Palestine Capital Market Authority found that Al Baraka Islamic Insurance Company did not provide all required information relating to its 2025 financial statements.
The Bank of Japan’s fifth climate market survey found slightly weaker pricing of climate risks and declining new ESG bond issuance, with supply and demand shifting modestly looser. About half of business respondents expect climate-related funding needs to rise significantly through fiscal 2030, while issuers and investors continue to seek policy support, better disclosure and broader understanding of transition finance. Firms preparing for mandatory Sustainability Standards Board of Japan disclosures cited data collection, comparability and operational burdens as key challenges.
Egypt's Financial Regulatory Authority approved Digital Banker – Wayak to establish a fintech-based consumer finance business and authorized CFH Asset Management to provide digital portfolio and investment fund management. Digital Banker – Wayak applied before the February 2026 suspension of new applications for fintech-based consumer finance companies.
Egypt's Financial Regulatory Authority will hold its annual fintech sandbox summit on September 7, 2026. The sandbox received 49 project applications in its first year, with seven obtaining preliminary approval and two entering live testing.
The Central Bank of the Philippines briefed 260 stakeholders on foreign exchange regulations, including recent updates concerning foreign exchange derivatives and interest rate swaps. Officials also discussed market developments and the economic outlook.
The Australian Securities and Investments Commission has warned market operators and financial services businesses about spear phishing emails impersonating ASIC staff. Recipients should verify that the full sender address ends in @asic.gov.au and avoid suspicious links, attachments and requests for sensitive information.
The Institute of International Bankers called for reforms to the ROCA rating system for U.S. branches and agencies of international banks alongside proposed CAMELS changes. It recommended that no single ROCA component should independently produce an unsatisfactory composite rating and sought greater transparency, predictability and consistency across supervisory rating systems.
ATOS BANK a.d. Banja Luka has joined the Central Bank of Bosnia and Herzegovina’s instant payment system, bringing participation to five banks. The system processes transfers within 10 seconds and operates continuously throughout the year.
The Central Bank of Iraq discussed stronger bilateral banking ties with the Central Bank of Iran. Talks covered settlement of financial obligations and trade exchanges under governance, transparency and international compliance standards.
The Palestine Capital Market Authority is transferring oversight of the real estate appraisal profession to the Palestinian Land Authority under rules effective from July 28, 2026. Existing licenses remain valid through the end of 2026, while completed trainee periods will count toward licensing requirements.
The Central Bank of Russia reported an increase in underlying inflation measures in July as higher motor fuel prices generated second-round effects. Services inflation remained elevated, while food price movements were mixed and non-fuel goods prices rose moderately.
The Insurance and Private Pension Regulation and Supervision Agency of Türkiye has created a committee and working group to coordinate insurance fraud prevention using sector data and analysis. Their work will cover fraud risks, early-warning indicators, regulatory issues and advanced analytics, while their decisions and recommendations will remain advisory.
The State Secretariat for Economic Affairs updated Switzerland’s sanctions database following a United Nations committee decision. The amended list of persons, companies and organizations linked to ISIL and Al-Qaida applies directly in Switzerland.
Norges Bank’s monthly balance sheet presents month-end assets, liabilities and equity, together with selected notes.
In a new blog post, the European Central Bank warns that a correction in highly valued US AI-related stocks could create financial stability risks for the euro area. Households have about EUR 440 billion of exposure to US technology equities, mainly through funds, while insurers and pension funds also hold significant exposures. Lower euro area valuations reduce the risk of a home-grown crash but would not insulate the region from US market stress.
The Central Bank of Taiwan reported that 121 domestic and offshore banking units were authorized to conduct renminbi business as of July 31, 2026. July settlements reached RMB 324 billion, while end-June deposits and lending increased from the previous month and remittances declined.
The North Macedonia Insurance Supervision Authority published July 2026 monthly data for the life and non-life insurance sectors.
The Bank of Botswana published its exchange rate framework for 2026.
The People's Bank of China has added eight banks as digital renminbi operators, increasing the network to 30 institutions. The banks will launch services after completing business and technical preparations.
The National Securities and Stock Market Commission of Ukraine is consulting industry as it develops virtual asset regulation covering authorization, stablecoin classification, foreign exchange controls and international platforms. Further legal work is needed on EMT and ART classifications, while regulators and businesses remain divided over the operation of foreign exchange controls. A proposed industry working group would contribute to implementing rules on authorization, prudential requirements, supervision and sanctions.
Bank Indonesia and the Indonesian Payment System Association launched the domestically processed Indonesia Credit Card for deferred payments through QRIS Scan and Tap. From Oct. 1, 2026, the 0% QRIS merchant discount rate will extend to all merchants for transactions up to IDR 100,000, while micro merchants will retain the zero rate for transactions up to IDR 500,000.
Bank Indonesia aims to process all shredded banknote waste through circular economy methods by 2027, up from 72% currently. The waste is converted into souvenirs through partnerships with small businesses or used by energy suppliers for electricity generation and industrial purposes.
The Oman Financial Services Authority has established a licensing framework covering five investment banking activities conducted collectively. Licensed entities may also underwrite approved issuances and help companies access local and international capital.
The Swedish Financial Supervisory Authority has warned against 197 operators suspected of investment fraud so far in 2026. Fake investment platforms dominate, often using AI-generated content, cryptoasset claims and fabricated endorsements, while clone and recovery scams remain prevalent. Consumers should verify firms’ authorization and never pay advance fees to recover lost funds.
The Central Bank of the UAE found the banking system remained resilient in 2025, with assets rising 17.1% to AED 5.3 trillion and net profits increasing 11.7% to AED 90.8 billion. Asset quality improved, capital remained above regulatory minimums, and stress tests showed banks could withstand severe economic and financial shocks.
The Philippine Securities and Exchange Commission is consulting on a market-making framework for exchange-traded equity and fixed income securities, with a minimum PHP 150 million capital requirement for market makers. The draft sets accreditation, quoting, inventory, risk management, disclosure and surveillance requirements, while excluding government securities under the existing primary dealer framework. Comments are due by Aug. 28, 2026.
New Zealand's Department of Internal Affairs has summarized changes across its updated AML/CFT guidance following the transition to a sole regulator. Reporting entities should use it alongside the underlying documents to identify necessary reviews of their policies, procedures and controls.
The Thailand Securities and Exchange Commission now treats significant funding providers to major shareholders of securities and digital asset business operators as major shareholders subject to approval. Holdings and control of persons principally funded by the same source must be aggregated. Existing operators have 90 days from Aug. 16, 2026, to review affected arrangements and submit approval applications.
The National Bank of the Kyrgyz Republic fined four Bishkek exchange bureaus KGS 55,000 each for regulatory breaches.
Philippine cash remittances reached a first-half monthly high of USD 3.04 billion in June 2026. Cash and personal remittances also grew over January-June, supporting household income, spending and domestic demand.
The Securities and Exchange Board of India released its 2025-26 Handbook of Statistics with 153 annual, quarterly and monthly data tables. It covers Indian primary and secondary markets, derivatives, investment vehicles, selected regulatory activities and global stock market indicators.
The Securities and Exchange Board of India warned investors not to rely on live trading strategies or real-time tips offered through social media, including unregistered advice exchanged during live sessions. Investors should deal only with registered intermediaries, while educational use of market price data remains subject to a 30-day lag and restrictions on forecasts and recommendations.
Mexico's CONDUSEF renewed Principal Afore's Older Adult Service Badge after the pension fund manager strengthened its service channels, protocols and financial education. Measures include express queues, dedicated service windows and training for more than 130 employees.
ASIC warned that AI-generated endorsements and coordinated networks of fake online content are making investment scams harder to detect. It removed more than 19,400 scams in FY26, up 182%, while reported losses linked to impersonated public figures reached AUD 7.4 million. Consumers should independently verify licence details against ASIC’s registers rather than rely on online searches or advertisements.
The Independent Commission Against Corruption has charged a former Hong Kong Securities and Futures Commission manager with obtaining computer access with a view to dishonest gain following a joint investigation. The commission terminated her employment after arrest and is reviewing the related risks and internal governance issues.
The Central Bank of Jordan has launched the midterm review of its 2023–2028 National Financial Inclusion Strategy. The review will assess implementation, gaps and priorities and develop recommendations to support the strategy’s 2028 account ownership and gender gap targets.
The Kuwait Capital Markets Authority renewed Al-Dowali Invest Investment Company’s securities activities license for three years from Nov. 13, 2026. The renewable license covers five activities, including portfolio management, investment advisory and custody.
The Central Bank of Kuwait has launched the sixth cohort of its three-month Cybersecurity Leaders Program for Kuwaiti nationals. Delivered with the SANS Institute, the program includes a final workshop involving the Bank for International Settlements, with applications open through Sept. 24, 2026.
The Saudi Arabia Insurance Authority fined an insurance company SAR 910,000 for breaches of AML and CTF requirements. The violations involved risk assessments, due diligence, ongoing monitoring and compliance management arrangements.
The Saudi Arabia Insurance Authority has launched mandatory third-party liability insurance for designated crowded places and high-risk activities. The policy covers bodily and property damage to visitors and patrons and will be required for Civil Defense licensing, with phased implementation and compensation based on activity risk.
The Central Bank of Libya discussed the country’s economic and financial developments and its ongoing reform efforts with the UN special representative.
The Saudi Arabia Insurance Authority fined an insurance support service provider SAR 480,000 for failings in anti-money laundering and counterterrorist financing controls. The breaches covered governance, compliance management, suspicious transaction reporting and targeted financial sanctions.
Senate Banking Committee ranking member Elizabeth Warren and nine other senators plan legislation restricting bank ownership and control by senior government officials and their families. The bill would block related regulatory approvals and require agencies to review and terminate affected approvals granted after Jan. 20, 2025.
The Dominican Republic's Pensions Superintendency provided pension guidance to workers, employers and other stakeholders at an occupational risk prevention congress. Its specialists addressed questions about the pension system and individuals’ pension positions over the two-day event.
The Central Bank of Peru reported that most business expectation indicators rose in July 2026 and all remained in optimistic territory. Three-month economic expectations increased to 62.3 from 55.5, while the 12-month measure reached 72.1.
The Egypt Financial Regulatory Authority has removed the requirement for converting real estate companies to maintain net equity equal to 40% of assets and investments, while retaining the EGP 500 million minimum. Companies must exclude asset revaluation gains and comply with the borrowing limit for real estate investment funds, while the EGP 5 million paid-up capital floor remains unchanged.
The Uzbekistan Ministry of Finance reviewed the 1971 Nixon Shock, which ended the dollar’s convertibility into gold. The decision undermined the Bretton Woods system and paved the way for market-based exchange rates.
The Dominican Republic's Pensions Superintendency held a seminar to strengthen journalists’ understanding of the Dominican Pension System. The training covered regulation, contributions, pension fund investments, member rights and access to benefits.
The Financial Superintendency of Colombia has placed Bloom Crowdfunding under administration for up to one year, with one possible extension, to restore its financial, operational and governance conditions. Fogafín must submit a recovery program within two months of the measure taking effect. Failure to resolve the company’s difficulties would result in its dissolution and liquidation.
The Central Bank of Uruguay highlighted annual inflation of 4.27% in July, close to its 4.5% target, with expectations aligned and inflation within the tolerance range for more than three years. At a meeting in Durazno, the board also gathered business feedback on financial access and credit conditions.
The Brazil Securities Commission has prioritized relevant IMF recommendations on supervision, emerging risks, capital market development and institutional arrangements. The measures will be formally monitored, with cross-agency recommendations coordinated with the Central Bank of Brazil and other authorities.
The Central Bank of Paraguay detailed the industry consultation that preceded its National Payment System pricing rules and QR Hub implementation. The rules set a maximum charge for payment initiation and payment request services but do not prescribe how the commission must be distributed among participants.
The Bermuda Monetary Authority is consulting on formally adding responsibility for resolving banks, deposit companies and credit unions to its statutory objects. It also proposes consolidating insurance fees in the Fourth Schedule from Jan. 1, 2027, without introducing new fees or increases. Comments are due by Sept. 14, 2026.
The Bermuda Monetary Authority is consulting on proportionate guidance for applying existing regulatory requirements to AI use across regulated financial services. The framework would cover traditional, generative and agentic AI without creating new obligations or a separate approval regime, while keeping regulated entities accountable for third-party and group-provided systems. Comments are due by Oct. 30, 2026.
The National Bank of Moldova said a FINEDU study of more than 600 students will help shape financial education activities under the National Financial Inclusion Strategy 2030 implementation program. Young people identified investment risks, budgeting, consumer rights, taxation and public finance as priority topics.
The National Bank of Moldova’s 2025 infrastructure report highlights the country’s operational connection to SEPA, which handled about 68% of euro payments from Moldova from October through December. MIA processed 15.1 million instant payments worth MDL 13.3 billion, while new rules strengthened oversight of nonbank payment providers and simplified licensing for branches of EU-licensed providers.
Committee Ranking Member Elizabeth Warren accused President Donald Trump and Russell Vought of concealing evidence of corporate consumer abuses, benefiting large banks and corporations.
Senate Banking Committee ranking member Elizabeth Warren asked the Treasury to justify its use of the Exchange Stabilization Fund to support the Japanese yen and disclose how much was deployed. She raised concerns about taxpayer exposure, the intervention’s limited lasting effect and the lack of advance coordination with the European Central Bank.
U.S. Senate Banking Committee ranking member Elizabeth Warren urged the FDIC, OCC and Federal Reserve to reject OppFi’s proposed acquisition of BNC National Bank. She argued that the national bank charter would help OppFi circumvent state interest rate caps and expand loans carrying rates of up to 195% nationwide.
The Angola Capital Markets Commission will hold its first annual Supervision in Focus session on Aug. 17 at 10 a.m. The event will support dialogue with supervised entities and alignment on capital market supervisory practices.
The Hong Kong Insurance Authority welcomed Clement Cheung’s reappointment as chief executive officer for a three-year term ending Aug. 14, 2029. Cheung has led work on risk-based capital rules and the development of Hong Kong’s insurance-linked securities and captive insurance markets.
The National Securities and Stock Market Commission of Ukraine has continued recruiting authorized officers to adjudicate potential violations in capital and organized commodity markets. The role involves assessing evidence, conducting procedural actions and issuing decisions under statutory powers.
The Central Bank of Costa Rica will replace EVEX with Su Factura CR for contractors’ electronic invoices, with EVEX closing after August 24 and the new platform starting August 31. Contractors must submit the accepted XML file through Su Factura CR and will receive acceptance or rejection notices at the email registered with the Ministry of Finance.
The U.S. Securities and Exchange Commission has ended staff responses to all Rule 14a-8 shareholder proposal no-action requests and related non-objection notices, effective immediately and until further notice. Companies must continue filing the required notices when they intend to exclude proposals from proxy materials.
The Consumer Financial Protection Bureau has stopped publishing unverified complaint narratives and visualizations in its Consumer Complaint Database, citing the risk of misleading consumers and harming companies’ reputations. Previously published narratives will remain available through its Freedom of Information Act Reading Room, while complaint collection, monitoring and regulatory information-sharing will continue.
The US Office of the Comptroller of the Currency has updated its Bank Accounting Advisory Series to reflect accounting standard changes covering purchased loans, government grants and internal-use software. The nonbinding guidance supports consistent accounting and regulatory reporting by national banks and federal savings associations.
The Guernsey Financial Services Commission has alerted businesses to UN amendments concerning four ISIL and Al-Qaida sanctions entries that apply in the Bailiwick. Businesses must screen relationships, immediately freeze relevant assets and report findings to the Policy & Resources Committee. Regulated firms must also notify the Commission as soon as reasonably practicable after completing the statutory report.
The Guernsey Financial Services Commission has detailed the Bailiwick’s application for National Association of Insurance Commissioners Qualified Jurisdiction status. Recognition would improve the terms on which Guernsey insurers could write business in US states, subject to completion of the US review.
Bank of England research finds that cloud outsourcing has reduced technological barriers to UK banking competition, with the strongest depositor-demand benefits accruing to smaller institutions. Restricting CSP spending at 2015 levels would have increased concentration and reduced average quarterly depositor welfare by GBP 1.13 billion. Lower capital requirements also weaken CSP investment incentives, offsetting about 32% of their direct welfare benefit.
The Central Bank of Poland reported that inflation excluding food and energy prices rose to 3.1% year over year in July 2026, while headline inflation was 3.0%. Other core measures increased, except the 15% trimmed mean, which remained at 2.8%.
The Bermuda Monetary Authority is consulting on guidance for applying existing regulatory obligations to artificial intelligence use in the regulated financial services sector. The principles-based framework would cover areas including governance, risk management, transparency, cybersecurity and operational resilience, without creating new requirements or a separate licensing regime. Comments are due by Oct. 30, 2026.
The Central Bank of Barbados is recruiting a Deputy Director to lead its IT audit division and oversee information systems assurance, risk assessment and audit planning. Qualified candidates must have managerial IT audit experience, specified professional certifications and cybersecurity and network infrastructure expertise. Applications close Aug. 28, 2026.