Central Bank of Trinidad and Tobago reports insurance agency registrations ceased in the second quarter of 2026
Certain agencies ceased to hold registration certificates for insurance agency business during the quarter ended June 30, 2026.
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Federal Reserve Bank of Minneapolis appoints Cara Kolb as senior vice president of Risk and Compliance
The Federal Reserve Bank of Minneapolis has appointed Cara Kolb as senior vice president of Risk and Compliance, with responsibility for risk management, compliance, data privacy and records management. Kolb, the Bank’s chief information officer since 2024, fills the vacancy created by Rick Thornton’s retirement.
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Insurance Regulatory and Development Authority of India announces Girija Subramanian as Whole-time Member for Distribution
Girija Subramanian joined the Insurance Regulatory and Development Authority of India as Whole-time Member for Distribution on Aug. 10, 2026.
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People's Bank of China issues 15th Five-Year reform and development plan with nine supporting action plans
The People's Bank of China issued its 15th Five-Year reform and development plan with nine supporting action plans. Priorities include modernizing monetary and macroprudential frameworks, supporting strategic sectors, opening financial markets, advancing renminbi internationalization and strengthening financial infrastructure and central bank services.
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Hong Kong Monetary Authority alerts public to fraudulent banking websites, phishing and other scams
The Hong Kong Monetary Authority alerted the public to reported fraudulent banking websites, login screens, phishing emails and other scams. Customers should not follow transaction links or disclose login credentials or one-time passwords, and affected individuals should contact their bank and the police.
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Hong Kong Interbank Clearing Limited warns of fraudulent website impersonating its FPS services
Hong Kong Interbank Clearing Limited has warned of a fraudulent website offering purported buyer protection services for Faster Payment System transactions. The website has no affiliation with the organization, which does not directly provide FPS services to individuals or ordinarily contact them proactively.
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National Bank of Romania Holds Policy Rate at 6.50%
The National Bank of Romania (NBR) held its monetary policy rate at 6.50% amid elevated inflation, weak economic activity and high uncertainty, while forecasting a substantial inflation correction in the third quarter. The NBR expects inflation to re-enter its target variation band by end-2027 and kept its lending and deposit facility rates at 7.50% and 5.50%, respectively.
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National Bank of Serbia reports voluntary pension fund assets fell 0.4% to RSD 66.4 billion in first quarter
The National Bank of Serbia reported that voluntary pension fund assets fell 0.4% in the first quarter of 2026 to RSD 66.4 billion. Government bonds represented 66.4% of assets, while the three largest funds controlled 80.5% of the market. Net contributions totaled RSD 1.3 billion and withdrawals reached RSD 940.7 million.
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Croatian National Bank warns of impersonation website promoting fictitious EUR 2 billion guarantee programme
The Croatian National Bank warned that frozenspirety.info is an impersonation website promoting a fictitious government programme backed by a purported EUR 2 billion fund. Citizens should not access the site, provide personal information or make the requested minimum deposit of EUR 250.
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Egypt's Financial Regulatory Authority cuts review fees by 50% for sustainability-related securities offerings
Egypt's Financial Regulatory Authority has cut review fees by 50% for public and private offerings of sustainability-related securities. The reduction expands beyond green bonds to instruments including social, climate, transition, women’s empowerment and sustainability-linked bonds.
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National Bank of Ukraine eases foreign exchange restrictions, raises key household limit to UAH 200,000
The National Bank of Ukraine has eased foreign exchange restrictions for households, businesses and financial institutions, with most changes effective August 11, 2026. Key measures raise the household noncash foreign currency purchase limit to UAH 200,000, expand business payment and withdrawal capacity, and broaden qualifying cross-border transactions. Revised bank foreign exchange position calculations take effect on September 1, 2026.
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National Bank of Moldova reports EUR 13.2 million in savings after 10 months of SEPA connectivity
The National Bank of Moldova reported savings of about EUR 13.2 million in the first 10 months of the country’s operational connection to SEPA. Nearly eight in 10 transactions now use SEPA, while the average cost of a cross-border euro transfer has fallen to EUR 1.09.
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National Securities and Stock Market Commission of Ukraine reviews investor safeguards and EU standards alignment
The National Securities and Stock Market Commission of Ukraine outlined its investor protection framework, including licensing checks, ongoing supervision, disclosure rules and fraud warnings. It also reviewed work on housing and pension safeguards, EU-aligned virtual asset and corporate governance rules, and new capital market instruments.
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Reserve Bank of Australia reports official reserve assets rose to AUD 106.7 billion in July
The Reserve Bank of Australia reported that official reserve assets rose to AUD 106.65 billion at the end of July 2026, equivalent to USD 74.98 billion. The increase was driven by foreign exchange holdings, which climbed to AUD 65.69 billion.
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UK Financial Conduct Authority adds five solo-regulated firms to Scale-up Unit
The Financial Conduct Authority has admitted five solo-regulated firms to its Scale-up Unit for tailored support with innovation, regulatory change and rapid growth. Findings from a separate 15-firm pilot emphasized early investment in governance, risk management and controls.
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Oman Financial Services Authority clarifies Board Nomination Form applies to new boards and vacancy appointments
The Oman Financial Services Authority clarified that its Board Nomination Form applies when public joint-stock firms form a new board or fill board vacancies. Existing boards are unaffected, while new appointees must meet the prescribed qualification and independence requirements.
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Isle of Man Financial Services Authority convenes financial crime conference focused on cyber fraud, sanctions evasion and trafficking
The Isle of Man Financial Services Authority will hold its 2026 Countering Financial Crime Conference on Aug. 12 for more than 500 professionals. Discussions will cover cyber-enabled fraud, sanctions evasion, trafficking, the National Risk Assessment and preparations for the MONEYVAL mutual evaluation.
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Saudi Arabia's Insurance Authority launches Innovation Lab and opens regulatory sandbox applications
Saudi Arabia's Insurance Authority has launched the first phase of its Innovation Lab and opened regulatory sandbox applications. Startups and innovators can test insurance products and services under the authority’s supervision and access advisory and training support.
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National Bank of the Kyrgyz Republic holds financial literacy lecture on credit self-bans and money mule activity
The National Bank of the Kyrgyz Republic briefed local government employees in the Talas region on financial planning, money mule activity and managing voluntary credit bans through the Tunduk application.
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National Bank of the Kyrgyz Republic fines nine individuals for unlicensed foreign currency exchange
The National Bank of the Kyrgyz Republic fined nine individuals KGS 17,500 each for unlicensed cash foreign currency exchange operations in Osh.
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National Bank of the Kyrgyz Republic approves three senior bank appointments
The National Bank of the Kyrgyz Republic approved three senior appointments across Bank of Asia, Commercial Bank KSB and Bank Kompanion.
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European Central Bank working paper finds monetary tightening quickly and persistently lowers German firms’ employment plans
A European Central Bank working paper finds that contractionary monetary policy surprises cause German firms to cut employment plans immediately, with the effect lasting about a year and feeding into lower employment growth. Financial constraints and minimum-wage exposure amplify the response, while collective bargaining coverage moderates it.
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Central Bank of the Philippines recognizes 14 institutional partners for advancing inclusion, payments and financial integrity
The Central Bank of the Philippines recognized 14 institutional partners for supporting financial inclusion, digital payments, retirement savings and secure currency circulation. Their work also covered financial literacy, policy development and efforts against counterfeiting, fraud and money laundering.
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Reserve Bank of India assigns State Bank of India lead bank responsibility for five new Ladakh districts
The Reserve Bank of India assigned State Bank of India lead bank responsibility for Ladakh’s five new districts of Sham, Nubra, Changthang, Zanskar and Drass. Assignments for the union territory’s other districts remain unchanged.
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Central Bank of Russia reports lower market volatility and RUB 24.4 billion in net stock purchases by individuals in July
The Central Bank of Russia reported that individuals made RUB 24.4 billion in net stock purchases in July, while their net corporate bond purchases reached RUB 90 billion. Market volatility generally declined or held steady, the ruble’s depreciation slowed and government bond yields moved differently across maturities.
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National Bank of Serbia highlights fee-free DinaCard tax payments ahead of August 14 property tax deadline
The National Bank of Serbia said DinaCard users can pay the third 2026 property tax installment free of charge at Treasury Administration counters by August 14, alongside certain other taxes and farmers’ mandatory social insurance contributions.
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People’s Bank of China authorizes Deutsche Bank as renminbi clearing bank in Frankfurt
The People’s Bank of China authorized Deutsche Bank AG to serve as the renminbi clearing bank in Frankfurt under an agreement with the Deutsche Bundesbank.
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Central Bank of the Philippines reports decline in foreign direct investment inflows in first five months of 2026
The Central Bank of the Philippines reported lower foreign direct investment net inflows in January-May 2026 as weaker debt investment and reinvested earnings outweighed higher equity capital investment. Equity placements came mainly from Japan, the United States and Singapore and were concentrated in manufacturing, financial and insurance, and real estate activities.
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Securities Commission Malaysia reports dismissal of appeals against MYR 169.2 million asset freeze
The Court of Appeal dismissed challenges to an injunction obtained by Securities Commission Malaysia freezing up to MYR 169.2 million of the appellants’ assets. The freeze supports an ongoing securities fraud civil suit involving Bright Packaging Industry Berhad, with the trial due to continue on Sept. 1, 2026.
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Securities Commission of The Bahamas consults on stronger anti-money laundering, proliferation financing and sanctions rules for financial and corporate service providers
The Securities Commission of The Bahamas is consulting on stronger financial crime rules for financial and corporate service providers. The proposals add proliferation financing and targeted financial sanctions requirements while strengthening risk assessments, due diligence, politically exposed person controls and treatment of digital asset risks.
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Securities Commission of The Bahamas launches consultation on tighter digital asset transaction monitoring and outsourcing rules
The Securities Commission of The Bahamas is consulting on tighter anti-financial crime rules for all regulated digital asset businesses. The proposals require continuous real-time transaction monitoring, enhanced controls for unhosted wallets and sanctions, and stronger oversight of outsourced technology providers. Registrants would remain legally responsible for outsourced compliance functions.
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Securities Commission of The Bahamas launches consultation on expanded financial crime and targeted sanctions rules
The Securities Commission of The Bahamas is consulting on expanded financial crime rules for all persons regulated under the Securities Industry Act, 2024. The proposals add proliferation financing and targeted sanctions requirements while strengthening risk assessments, customer due diligence and politically exposed person controls. They also address digital asset risks including travel rule compliance, self-hosted wallets and blockchain monitoring.
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Securities Commission of The Bahamas launches consultation on standalone financial crime rules for investment funds
The Securities Commission of The Bahamas has proposed standalone anti-money laundering, counterterrorist financing and proliferation financing rules for regulated investment funds. The framework would cover risk assessments, internal controls, customer due diligence, sanctions, suspicious transaction reporting and seven-year record retention.
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State Bank of Pakistan reports workers’ remittances rose 13 percent to USD 3.6 billion in July
The State Bank of Pakistan reported that workers’ remittances reached USD 3.6 billion in July 2026, rising 13 percent year over year and 4.5 percent month over month.
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Reserve Bank of Fiji to demonetise old flora and fauna banknotes from January 2027
The Reserve Bank of Fiji will demonetise old flora and fauna banknotes from Jan. 1, 2027, and businesses will not be required to accept them after Dec. 31, 2026. The central bank had recalled 72.3% of the old notes by July 31 and will remain the only institution providing value for them after the deadline.
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New Zealand Financial Markets Authority obtains seven-year ban against Peter Huljich and enforceable undertaking from Sarah Huljich
The New Zealand Financial Markets Authority has obtained a seven-year ban against Peter Huljich and accepted an enforceable undertaking from Sarah Huljich, concluding insider conduct proceedings involving Pushpay shares. Sarah Huljich paid NZD 50,000 in lieu of a pecuniary penalty, while Peter Huljich is barred from specified management and governance roles involving financial markets participants unless the High Court grants leave.
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Bank Indonesia reports consumer confidence remained optimistic at 116.8 in July
Bank Indonesia reported that the Consumer Confidence Index remained optimistic at 116.8 in July 2026. Its current conditions and expectations components stayed above 100, although both declined from June.
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Indonesia's Ministry of Finance urges capital market deepening to support IDR 7,973 trillion in private financing
Indonesia's Ministry of Finance urged faster capital market deepening to help supply IDR 7,973 trillion, or about 91%, of Indonesia's 2027 investment financing needs from private sources. It called for a broader investor base, more instruments, stronger liquidity and better governance, while emphasizing robust safeguards for the newly launched physical gold-backed exchange-traded fund.
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Australian Securities and Investments Commission suspends Central Accord’s financial services licence until February 2027
The Australian Securities and Investments Commission suspended Central Accord Pty Ltd’s financial services licence until Feb. 4, 2027, because it is no longer carrying on a financial services business. Central Accord may request early revocation if it is ready to resume operations and may seek administrative review.
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Australian Securities and Investments Commission reports former director sentenced to 6 years and 6 months for dishonest use of company funds
The Australian Securities and Investments Commission reported that former Equitable Financial Solutions director Usman Siddiqui was sentenced to 6 years and 6 months in prison, with a 3-year and 3-month non-parole period. He dishonestly transferred about AUD 1.75 million from the financially distressed company to personal and overseas accounts.
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Australian Securities and Investments Commission reports six-year, six-month prison sentence for former director over AUD 1.75 million misappropriation
The Australian Securities and Investments Commission reported that former Equitable Financial Solutions director Usman Siddiqui was sentenced to six years and six months in prison for dishonestly misappropriating about AUD 1.75 million. The transfers occurred while the company faced severe financial distress and substantial client repayment obligations.
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Australian Securities and Investments Commission issues AUD 594,000 in infringement notices to three Mainfreight companies over alleged late financial reports
The Australian Securities and Investments Commission issued AUD 594,000 in infringement notices to three Mainfreight Group companies over alleged late filing of financial reports for the year ended March 31, 2025. The action brings notices issued under ASIC’s financial reporting surveillance since August 2025 to 27, totalling more than AUD 5 million.
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U.S. Securities and Exchange Commission charges Adit Ventures and CEO with pre-IPO investment fraud
The U.S. Securities and Exchange Commission charged Adit Ventures Management, CEO Eric Munson and affiliated general partners with defrauding investors in pre-IPO funds through misrepresentations, misuse of client assets and unauthorized fees and markups. The allegations include more than 50 unauthorized loans, more than 150 undisclosed principal transactions and the use of client assets to secure a USD 10 million credit line. The defendants agreed, without admitting the allegations and subject to court approval, to injunctions and monetary remedies, while Munson agreed to a forthcoming associational bar.
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Australian Financial Complaints Authority publishes three complaint approach papers, clarifying established assessment processes
The Australian Financial Complaints Authority has published three papers explaining its approach to non-financial loss, general insurance claims handling and uninsured motorist complaints. The papers clarify established assessment processes, remedies and information requirements but do not change how complaints are managed or resolved.
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Australian Transaction Reports and Analysis Centre uncovers potentially hundreds of millions of AUD in suspected fraudulent loans
The Australian Transaction Reports and Analysis Centre’s Fintel Alliance identified potentially hundreds of millions of AUD in suspected fraudulent loans through analysis of data from 10 major banks. Common indicators included false income or employment information, fabricated business activity and complex third-party funding arrangements. AUSTRAC urged all mortgage lenders to review their loan books, strengthen controls and report suspicious activity.
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Australian Securities and Investments Commission delivers 150 administrative enforcement outcomes, financial services removals reach five-year high
The Australian Securities and Investments Commission delivered 150 administrative enforcement outcomes in 2025–26, including 87 financial services removals or restrictions, a five-year high. It also took action against 27 credit services participants and disqualified 36 directors, with 18 receiving the maximum five-year disqualification.
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Qatar Central Bank reports international reserves and foreign currency liquidity rose 1.1% to QAR 262.2 billion
Qatar Central Bank’s international reserves and foreign currency liquidity rose 1.1% year over year to QAR 262.2 billion at the end of July 2026. Total official reserves grew 10.3% to QAR 220.5 billion.
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Kuwait Capital Markets Authority renews NBK US Dollar Money Market Fund license for three years
The Kuwait Capital Markets Authority renewed the NBK US Dollar Money Market Fund’s license for three years from Nov. 24, 2026. The license may be renewed again.
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Kuwait Capital Markets Authority approves KIB US Dollar Money Market Fund with capital of up to USD 1 billion
The Kuwait Capital Markets Authority approved the establishment and public offering of the KIB US Dollar Money Market Fund, with variable capital ranging from USD 7 million to USD 1 billion. Initial subscriptions must be at least USD 5,000, and a three-year license will be issued after the fund meets its minimum capital requirement and is registered.
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Egypt's Financial Regulatory Authority issues first framework for hedge funds and existing fund conversions
Egypt’s Financial Regulatory Authority has issued the first framework for establishing hedge funds and permitting existing investment funds to conduct hedge fund activity. The rules set requirements for investment policies, leverage and risk controls, manager obligations and investor disclosures. They will take effect on the day after publication in the Egyptian Gazette.
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National Bank of Georgia clarifies OFAC-sanctioned Shelbit is not a registered virtual asset service provider
The National Bank of Georgia clarified that OFAC-sanctioned SHPS SHELBIT has not applied for registration as a virtual asset service provider and is not regulated by the bank. The company’s registration has also been canceled, while all virtual asset service providers operating in Georgia are subject to mandatory central bank registration.
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Egypt's Financial Regulatory Authority approves live sandbox testing of two digital finance projects
Egypt's Financial Regulatory Authority has approved live sandbox testing of remote motor insurance damage assessments and electronic passport-based digital identity verification. The renewable three-month tests are the first to reach the live stage among seven projects granted preliminary approval during the sandbox's first year.
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Egypt's Financial Regulatory Authority broadens foreign currency financing for leasing, factoring and SME finance
Egypt’s Financial Regulatory Authority has expanded foreign currency financing options for financial leasing, factoring and SME finance. The amendments permit qualifying sale-and-leaseback transactions, ease international factoring requirements where no correspondent factor exists and broaden the funding sources available to finance companies.
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Armenia's Ministry of Finance participates in opening of region’s first AI factory of its capacity
Armenian Finance Minister Vahe Hovhannisyan attended the opening of a regional first of its capacity AI factory developed with Firebird AI and NVIDIA.
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U.S. Securities and Exchange Commission reopens Treasury clearing exemption comments and considers combined relief for non-U.S. transactions
The U.S. Securities and Exchange Commission has reopened comments on Treasury clearing relief for certain non-U.S. and inter-affiliate transactions while considering a combined order. Comments on these requests and a separate net omnibus margin proposal are expected by Aug. 31, 2026. The mandatory clearing deadlines remain Dec. 31, 2026, for eligible cash transactions and June 30, 2027, for eligible repo transactions.
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Dominican Republic's Pensions Superintendency certifies first 14 graduates of RITA pension training program
The Dominican Republic's Pensions Superintendency and Pedro Henríquez Ureña National University certified the first 14 graduates of the RITA pension training program. The graduates are employees of General de Seguros and AFP Atlántico.
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Central Bank of Uruguay publishes 2026-2030 strategy prioritizing monetary credibility, financial modernization and wider regulation
The Central Bank of Uruguay’s 2026-2030 Strategic Plan prioritizes monetary credibility, institutional independence and modernization of the financial and payments system. It also targets deeper local-currency markets and credit, alongside a wider regulatory perimeter with stronger supervision, transparency and investor protection.
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Philippine Securities and Exchange Commission strengthens coordination with tax authority, proposes unified financial statements portal
The Philippine Securities and Exchange Commission and the Bureau of Internal Revenue have formalized closer coordination on corporate information and compliance processes. They propose a unified portal through which corporations could submit audited financial statements to both agencies, subject to a separate agreement.
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Mexico's National Banking and Securities Commission reports financial savings at 98.6% of GDP and financing at 104.9%
Mexico's National Banking and Securities Commission reported total financial savings of MXN 34.9 trillion, or 98.6% of GDP, in the first quarter of 2026. Total financing reached MXN 37.2 trillion, or 104.9% of GDP, while domestic financing to the private sector equaled 40.1% of GDP.
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Moroccan Capital Markets Authority registers Salafin's 2025 reference document for annual finance company bills dossier update
The Moroccan Capital Markets Authority registered Salafin's 2025 reference document for the annual update of its finance company bills information dossier. The dossier also includes the program note registered on Dec. 16, 2021.
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Bank of Cape Verde reviews insurance solutions and shared-risk instruments for climate hazards
The Bank of Cape Verde reviewed how insurance products and shared-risk instruments could strengthen protection against climate-related losses. Discussions covered international regulatory practices, domestic market challenges and the potential allocation of responsibility between the state and insurers.
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Bank of Cape Verde reports on African Caucus discussions on financing structural transformation
The Bank of Cape Verde reported on its participation in the 2026 African Caucus, which focused on financing Africa’s structural transformation and inclusive growth. Discussions covered central bank gold purchases, regional trade, borrower coordination and stronger revenue collection.
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National Bank of Moldova reports net financial worth improved to negative MDL 121.2 billion as debt rose to MDL 723.3 billion
The National Bank of Moldova reported that the economy’s net financial worth improved to negative MDL 121.2 billion in the first quarter of 2026, supported mainly by households. Total debt rose 4.3% to MDL 723.3 billion, equivalent to 202.1% of GDP.
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National Bank of Moldova reports net financing requirement fell to MDL 14.46 billion in first quarter of 2026
Moldova’s net financing requirement fell by MDL 5.51 billion year over year to MDL 14.46 billion in the first quarter of 2026, equivalent to 18.7% of gross domestic product.
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Angola Capital Markets Commission details new fee regime for securities and derivatives markets
The Angola Capital Markets Commission has detailed a new regime for fees covering regulatory acts and services in the securities and derivatives markets, along with revised payment procedures. The framework replaces the 2022 rules to align supervisory and licensing charges with market growth and increasingly complex transactions.
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National Securities and Stock Market Commission of Ukraine updates delegation framework for faster internal decision-making
The National Securities and Stock Market Commission of Ukraine updated its framework for delegating specific decisions to department heads, reflecting staffing and organizational changes. The measure covers areas including securities issuance registrations, licensing, inspections and administrative services, without changing the commission’s statutory powers.
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Ukraine’s National Securities and Stock Market Commission updates delegation of decision-making powers
Ukraine’s National Securities and Stock Market Commission updated its delegation procedure to allow designated officials to decide certain technical and procedural matters. The changes cover areas including securities issue registrations, licensing, administrative proceedings and inspections, without altering the commission’s statutory powers.
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Insurance and Private Pension Regulation and Supervision Agency of Türkiye reviews smart adjuster assignment system and trade credit insurance overhaul
The Insurance and Private Pension Regulation and Supervision Agency of Türkiye and the Union of Chambers and Commodity Exchanges of Türkiye reviewed the initial results of the nationwide Smart Adjuster Assignment System and measures affecting insurance agents. They also discussed a plan to overhaul state-supported trade credit insurance to help small and medium-sized enterprises manage collection risk and access financing.
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Central Bank of Nicaragua reports gross international reserves rose to USD 9.89 billion in July
The Central Bank of Nicaragua reported that gross international reserves rose by USD 78.9 million to USD 9.89 billion in July 2026, covering 4.5 times the monetary base. All monetary aggregates recorded year-over-year growth, including a 13.3% increase in M3A.
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Central Bank of Cuba reports 14,628 participants in first-half financial education activities
The Central Bank of Cuba reported that its National Financial Education Strategy conducted 47 activities for 14,628 participants in the first half of 2026, 343 more than in 2025. The program included training on women’s empowerment, sustainable agribusiness and the development of financial education facilitators.
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U.S. Department of the Treasury sanctions 12 people and entities tied to Iran’s shadow banking system and IRGC-Qods Force support
The U.S. Department of the Treasury sanctioned 12 people and entities linked to networks that moved hundreds of millions of dollars for Iran’s shadow banking system and supported the IRGC-Qods Force. Their U.S.-linked property is blocked, while foreign financial institutions facilitating significant transactions for them may face secondary sanctions.
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U.S. Department of the Treasury sanctions two digital asset exchanges and corporate network over Iran-linked money laundering and sanctions evasion
The U.S. Department of the Treasury sanctioned two digital asset exchanges, their operator and related companies for supporting Iranian sanctions evasion and financial activity benefiting the Islamic Revolutionary Guard Corps. The designations block their property within U.S. jurisdiction and create sanctions risks for U.S. and foreign parties engaging in covered transactions.
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Federal Reserve Board analysis finds banks charged BDCs a 1.1 percentage point premium during monetary tightening
Federal Reserve Board analysis found that BDCs increased their reliance on bank credit lines during the 2022 monetary tightening cycle and paid a total interest-rate premium of roughly 1.1 percentage points. The premium persisted despite strong creditor protections and may partly reflect banks’ bargaining power in a concentrated, relationship-based funding market.
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US Financial Crimes Enforcement Network renews Minnesota fraud Geographic Targeting Order
The US Financial Crimes Enforcement Network renewed its Minnesota Geographic Targeting Order to help trace and recover fraudulently diverted government benefit funds sent overseas.
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Commodity Futures Trading Commission warns event contract firms against bookmaker-style odds
The Commodity Futures Trading Commission warned event contract firms that bookmaker-style American odds are likely to mislead consumers about exchange-traded derivatives. Covered entities should review their pricing and marketing practices, including those of partners and affiliates, and confirm receipt of the letter by Aug. 31, 2026.
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Office of the Commissioner of Financial Institutions of Puerto Rico publishes public information request log through May 2026
The Office of the Commissioner of Financial Institutions of Puerto Rico published its public information request log through May 2026, with recorded responses extending through June 25. The latest requests cover complaints, licenses, enforcement proceedings, international entity examinations, staffing and the agency’s use of artificial intelligence.
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Central Bank of Chile to host 44th meeting of South American central bank heads
The Central Bank of Chile will host the 44th Meeting of Presidents of South American Central Banks on Aug. 11. Officials from nine central banks will discuss regional economic challenges and share technical developments.
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Italian Institute for Insurance Supervision orders blocking of unauthorized insurance website, bringing total to 386
The Italian Institute for Insurance Supervision ordered the blocking of rca.assicurarsinovara.it for offering insurance services without authorization. The action brings the number of unauthorized websites blocked since November 2023 to 386.
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Organisation for Economic Co-operation and Development identifies structural drivers of the EU-US start-up scale-up gap
An OECD working paper finds that EU start-ups are less likely than US peers to reach advanced scale and generally take longer to do so. The gap is linked mainly to slower innovation commercialisation, shallower late-stage financing, cross-border expansion frictions and weaker ecosystem spillovers. It calls for coordinated policies across finance, market integration, talent and local entrepreneurial ecosystems.
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U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member cites July job losses and weaker labor market
Sen. Elizabeth Warren cited the loss of 23,000 jobs in July and sharp downward revisions for May and June as evidence of a weakening U.S. labor market.
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U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member seeks information on Compass and MRED private listing partnership
U.S. Senate Banking Committee Ranking Member Elizabeth Warren requested information on the Compass-MRED private listing partnership, citing risks to competition, housing affordability and consumer access to market data. She also raised mortgage-market and fair housing concerns and requested responses by Aug. 21, 2026.
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Federal Reserve Bank of New York survey shows slight decline in short-term inflation expectations and mixed labor outlook
The Federal Reserve Bank of New York’s July survey showed one-year inflation expectations easing to 3.6%, with medium- and longer-term expectations unchanged. Labor expectations were mixed, while household financial sentiment and expectations for future credit availability improved.
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Central Bank of Estonia reports 2.2% July inflation, lowest in the euro area
The Central Bank of Estonia reported annual inflation of 2.2% in July, the lowest rate in the euro area, and maintained its 3.4% full-year forecast. Falling food, electricity, clothing and insurance prices contained inflation, although weather, input costs and energy supply conditions could push prices higher later in the year.
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Financial Services Regulatory Authority of Ontario confirms Ali Salahuddin’s departure from its board
Ali Salahuddin stepped down from the Financial Services Regulatory Authority of Ontario’s Board of Directors, effective July 15, 2026. He had served on the board since 2024.
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European Central Bank outlines digital euro privacy safeguards and reiterates support for cash
The European Central Bank outlined privacy safeguards for the proposed digital euro and reiterated that it would complement, not replace, cash. Offline payments would provide cash-like privacy, while online payments would allow identity linking only through payment service providers for regulatory compliance. EU co-legislators will determine the final balance between privacy and financial crime controls.
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Tanzania Insurance Regulatory Authority opens Pemba regional office to expand insurance access and supervision
The Tanzania Insurance Regulatory Authority has opened a regional office in Chake Chake to expand access to insurance services and strengthen supervision in Pemba. The office will support provider registration, consumer protection, insurance education and complaint handling.
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Bermuda Monetary Authority launches consultation on bank fee disclosures and approval controls
The Bermuda Monetary Authority is consulting on rules requiring annual disclosure and ministerial review of bank fees affecting individuals, charities and local businesses with annual revenue below BMD 5 million. New or increased over-the-limit and account maintenance fees would require prior no-objection, while improperly disclosed or charged fees would have to be refunded. Comments are due by Sept. 22, 2026.
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Astana Financial Services Authority signs cooperation memorandum on digital asset and financial crime investigations
The Astana Financial Services Authority and the Pre-Trial Investigation Service of Kazakhstan’s Prosecutor General’s Office signed a cooperation memorandum covering money laundering, digital asset crime and other financial crimes. The agencies will exchange information and expertise, hold joint training and improve investigation mechanisms.
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Securities and Exchange Board of India streamlines intermediary supervision, cuts 2026-27 inspection target to one-third of prior-year level
The Securities and Exchange Board of India will cut its 2026-27 inspection target to approximately one-third of the prior-year level while mandating joint inspections of stock brokers and depository participants by exchanges and depositories. SEBI will prioritize higher-risk entities through quarterly shortlisting and discontinue repetitive annual comprehensive inspections of compliant firms.
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Reserve Bank of India consults on implementing Basel leverage ratio standard for commercial banks
The Reserve Bank of India is consulting on amendments that would implement the Basel Committee's 2017 leverage ratio standard for commercial banks, with feedback due by Aug. 28, 2026.
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Reserve Bank of India consults on revised credit valuation adjustment capital framework
The Reserve Bank of India is consulting on a revised CVA capital framework for commercial banks aligned with final Basel III standards. Banks could use the full or reduced basic approach, while those with insignificant non-centrally cleared derivatives could apply a charge equal to 100% of their counterparty credit risk capital charge. Comments are due by Aug. 28, 2026.
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Vietnam State Securities Commission publishes second 2026 Hanoi securities practitioner exam results and sets licensing deadlines
The Vietnam State Securities Commission has published the second 2026 securities practitioner examination results for Hanoi. Candidates who passed both sections must complete their electronic licensing files, while outstanding criminal record certificates are due within 20 days or candidates will have to retake the examination.
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Thailand Securities and Exchange Commission consults on streamlined private placement rules for LiVEx-listed companies
The Thailand Securities and Exchange Commission is consulting on streamlined private placement rules for LiVEx-listed companies. Offerings below THB 10 million to no more than 50 eligible institutional or high-net-worth investors would be exempt from prior approval and filing requirements. Comments are due by Sept. 7, 2026.
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Thailand Securities and Exchange Commission consults on enhanced sustainability disclosures for SRI Funds
The Thailand Securities and Exchange Commission is consulting on stronger factsheet disclosures for Thai ESG and Thai ESGX Fund investments in JUMP+ companies. The proposals would also let asset managers change an SRI Fund’s reference ESG benchmark without amending the fund scheme, while retaining prospectus and factsheet disclosure. Comments are due by Sept. 6, 2026.
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Ghana National Insurance Commission outlines three-pillar strategy for insurance market development
The Ghana National Insurance Commission outlined a three-pillar strategy to improve market conduct, expand coverage and strengthen public trust. Supervision is increasingly focusing on insurers’ profitability, compliance and capital adequacy, alongside initiatives targeting students, commercial drivers and the informal sector.
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Bank Negara Malaysia and the People’s Bank of China renew and expand currency swap to RMB220 billion and MYR130 billion
Bank Negara Malaysia and the People’s Bank of China renewed their bilateral currency swap arrangement for five years, covering 2026 to 2031. Its size has increased to RMB220 billion and MYR130 billion, supporting local-currency settlement of bilateral trade and investment.
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Hong Kong Monetary Authority reports orderly HKD markets and reduced IPO funding pressures through FINI
The Hong Kong Monetary Authority reported smooth and orderly HKD exchange and interbank markets from April 23 to June 22, with no Convertibility Undertakings triggered and the Aggregate Balance stable at about HKD 54 billion. The Monetary Base rose to HKD 2,072.94 billion and remained fully backed by foreign reserves. The authority also found that FINI reduced IPO-related interbank transfers and moderated short-term HIBOR fluctuations.
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Hong Kong Monetary Authority reports foreign currency reserves rose to USD 447.8 billion at end-July
Hong Kong’s official foreign currency reserve assets rose to USD 447.8 billion at the end of July 2026 from USD 445.9 billion a month earlier. The reserves equaled more than five times the currency in circulation and about 38% of Hong Kong dollar M3.
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Argentina's Superintendency of Insurance outlines framework enabling complementary health insurance products
Argentina's Superintendency of Insurance outlined a framework allowing insurers to develop health coverage that complements the existing health system. The measure removes a restriction dating from 2008 and permits modular, flexible products that follow insurance, technical and actuarial requirements.
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Financial Supervisory Authority of Norway launches consultation on IFRS 18 accounting changes and deposit guarantee disclosures
The Financial Supervisory Authority of Norway is consulting on accounting rule changes to align relevant financial institutions with IFRS 18 and require disclosures on deposits covered by the deposit guarantee scheme. The amendments are proposed to take effect Jan. 1, 2027, with comments due by Nov. 6, 2026.