The National Bank of the Kyrgyz Republic suspended two exchange bureau licenses for legal and regulatory breaches, with the suspensions running through Aug. 21 and Aug. 13, 2026, respectively.
The National Bank of the Kyrgyz Republic fined a Kyrgyz citizen KGS 17,500 for conducting unlicensed cash foreign currency exchange operations in the Jalal-Abad region.
The National Bank of Moldova reported that official reserve assets fell EUR 18.35 million in July to EUR 5.20 billion, mainly due to external public debt service and adverse currency valuation effects. Reserve management income and other inflows partly offset the decline, leaving reserves EUR 93.47 million above their end-2025 level.
The Central Bank of Poland reported official reserve assets of EUR 256 billion, or USD 295 billion, at the end of July 2026. The euro value declined by EUR 1.7 billion from end-June, while the US dollar value rose by USD 1.5 billion.
The Czech National Bank reported actively managed international reserves of EUR 147.764 billion, with an average one-year return of 9.13% in reserve currencies. The portfolios were primarily allocated to bonds, equities and money market instruments, while the euro and U.S. dollar accounted for 76.4% of currency exposure.
The European Parliament committee backed a EUR 6.87 billion Single Market and Customs Programme for 2028-2034, above the Commission’s proposed EUR 6.24 billion. The report sets indicative allocations for customs, Single Market measures, taxation, anti-fraud work and European statistics. It also proposes tighter budget transparency, parliamentary oversight and supplier-security safeguards.
Ukraine's National Securities and Stock Market Commission considered 36 regulatory and market matters, including draft sustainability reporting and accounting legislation. It also agreed draft depository rule changes and addressed corporate bond issuance, investment funds and professional market participants.
The National Bank of Ukraine reported preliminary international reserves of USD 51.1989 billion as of Aug. 1, down 0.1% in July. Foreign exchange interventions and debt payments slightly exceeded external inflows, government securities proceeds and converted Ukraine Support Loan funds, while reserves covered 4.2 months of future imports.
The Reserve Bank of Australia’s balance sheet declined AUD 169 million to AUD 360.675 billion at Aug. 5. Exchange Settlement balances increased AUD 2.408 billion, while Australian dollar investments fell AUD 888 million.
The UK Financial Conduct Authority is intensifying scrutiny of Annex 1 firms over financial crime risks and has requested information from about 900 businesses. Firms must demonstrate effective, tailored anti-money laundering controls, while regulated counterparties should verify their registration status and conduct appropriate due diligence. Registration applications are expected to take longer.
Türkiye’s insurance regulator will increase compulsory motor third-party liability insurance premium caps by 1.75% for September 2026. Taxis and specified minibuses and buses will be subject to an additional 2% increase from Sept. 1, 2026.
A European Central Bank Blog post says Europe must extend electrification beyond power generation to reduce its exposure to imported fossil fuel shocks. Renewables supplied 47% of EU electricity in 2024, while electricity accounted for only about 23% of final energy use against an indicative 46% target for 2040. Greater grid, storage and interconnection investment would support the transition and limit energy-driven inflation pressures.
The Central Bank of Taiwan reported a 14.24% monthly increase in July interbank call loan turnover and a 15.75% rise in short-term bills turnover. The average overnight call loan rate was broadly stable at 0.824%, while short-term commercial paper rates fell in the primary market and rose in the secondary market.
The National Bank of Georgia reported that gross international reserves reached a record USD 7.53 billion in July 2026, up about 50% year over year. The reserve adequacy metric rose to 118.7%, while monetary gold represented 13.5% of reserves.
The National Bank of Moldova transferred MDL 910.41 million, half of its 2025 distributable profit, to the state budget. An equal amount was allocated to statutory capital in line with legal requirements, following an independent external audit of the bank’s financial statements.
The National Bank of Moldova explained that its 2025 distributable profit was split equally because statutory capital stood at 6.93% of monetary liabilities. It allocated MDL 910.41 million each to statutory capital and the state budget, while excluding about MDL 2.9 billion in net unrealized foreign-exchange expenses from distribution.
Moldova's National Commission for Financial Markets approved municipal bond offerings by Leova and Ungheni totaling MDL 19 million to finance urban infrastructure and road projects. The offerings include two- and three-year fixed-rate bonds and four-year floating-rate bonds linked to 182-day Treasury bills.
Moldova’s National Commission for Financial Markets reviewed the EU framework for regulating and supervising central securities depositories with relevant domestic institutions. Romanian experts presented implementation experience and assessment practices to support Moldova’s EU regulatory alignment.
The Czech National Bank published July 2026 long-term interest rate data for assessing the fourth Maastricht convergence criterion.
The People's Bank of China and Bank Negara Malaysia renewed their five-year bilateral currency swap and expanded it to CNY 220 billion and MYR 130 billion, with extensions possible by mutual agreement.
The Czech National Bank found that rapid consumer credit growth is increasingly linked to the mortgage market recovery as well as standard macroeconomic factors. Consumer credit reached CZK 428 billion in the second quarter of 2026, while quarterly genuinely new lending rose to CZK 49.8 billion. The bank considers joint analysis of consumer and mortgage lending appropriate for forecasting and assessing household indebtedness.
The Czech National Bank found that policy-rate changes passed rapidly into corporate loan and deposit rates but more slowly into mortgage rates. Mortgage stocks now show separate concentrations of older loans at 2% to 3% and newer or refixed loans at 4% to 5%.
The Czech National Bank found that wage cost pressures are easing gradually as productivity recovers, despite wage growth reaching 8.1% in the first quarter of 2026. The improvement remains uneven, with productivity in manufacturing and parts of the services sector still insufficient to offset rising labour costs.
The Central Bank of Cyprus is recruiting for two senior officer positions, with applications due by 11:59 p.m. on Sept. 6, 2026.
Ukraine’s National Securities and Stock Market Commission warned that Anna Kovalenko and Kovalenko Pro Invest are not licensed to provide investment, financial or brokerage services in Ukraine. It cited growing complaints, alleged use of purported licenses from nonexistent foreign regulators and failures to return solicited funds, and advised affected individuals to contact the police.
Türkiye’s insurance regulator clarified arbitration eligibility for motor claims where the appraisal process remains incomplete. No rejection or dispute is deemed to exist if the insurer appointed an appraiser on time and documents that the report was delayed for reasons not attributable to it.
Successful candidates for the Insurance and Private Pension Regulation and Supervision Agency of Türkiye’s lawyer positions must submit appointment documents in person by close of business on August 14, 2026. False declarations will invalidate results and may lead to appointment cancellation and a criminal complaint.
Bank Negara Malaysia’s international reserves stood at USD 132.1 billion as of July 31, covering 4.7 months of imports of goods and services and 0.9 times total short-term external debt.
Bank Indonesia reported that primary residential property prices rose 0.69% year over year in the second quarter of 2026, up from 0.62% in the first quarter. Sales contracted by a narrower 2.36%, while developers’ internal funds and bank housing loans remained the main sources of development and purchase financing.
De Nederlandsche Bank’s Olaf Sleijpen urged employers to embed inclusion in everyday workplace practices, moving beyond formal policies to create safe environments where employees can be themselves.
The Egypt Financial Regulatory Authority extended the Unified Insurance Law compliance deadline for private insurance funds to December 31, 2026. Other covered entities have until July 11, 2027, unless separate regulatory deadlines apply.
The South African Reserve Bank reported total assets of ZAR 1.273 trillion at July 31, 2026, up ZAR 497 million from June. Gold and foreign assets increased by ZAR 3.75 billion, while the gold and foreign exchange contingency reserve account rose by ZAR 30.63 billion.
The Central Bank of the Philippines reported preliminary gross international reserves of USD 103.4 billion at end-July 2026. The reserves covered 6.7 months of imports and related payments and about 3.6 times short-term external debt based on residual maturity.
The Securities Commission of The Bahamas has set out a risk-based examination framework covering all supervised sectors. Findings are graded High, Medium or Low, with remediation periods of up to 90, 180 and 360 days, respectively. Noncooperation or remediation failures may lead to enhanced supervision, enforcement or licensing action.
The Vietnam State Securities Commission reported that the Ministry of Finance has synchronized 13 of 16 databases with the National Data Center and tested all nine priority systems connected to the National Public Service Portal. The ministry is strengthening cybersecurity oversight, developing six digital governance instruments and preparing to migrate systems and databases to national data centers from 2026.
Indonesia's official reserve assets were broadly stable at USD 145.3 billion at the end of July 2026. The position covered 5.5 months of imports and remained above the international adequacy benchmark.
Designated licensed BOC Life intermediaries may now introduce the HKMC Annuity Plan to customers and refer eligible customers to HKMC Annuity Limited. The arrangement expands the plan’s intermediary network.
Former FAL Healthy Beverages CEO and director Tim Xenos was resentenced to six months’ imprisonment through an intensive corrections order and 80 hours of community service. The sentence covers offenses involving management decisions made while disqualified and incomplete disclosure to his bankruptcy trustee, following his acquittal on a separate dishonest-use-of-position charge.
The Central Bank of Samoa and the United Nations Development Programme held a green banking and sustainable finance workshop for financial sector participants. Discussions focused on renewable energy financing, climate-related risk management, institutional capacity and awareness of green finance products.
The Thailand Securities and Exchange Commission and Bank of Thailand discussed enhanced supervision of stablecoin transactions with digital asset operators to address money laundering, cybercrime and evasion of international money transfer rules. Relevant regulations are expected by the end of 2026, while Travel Rule requirements are scheduled to take effect by February 2027.
Thailand's Office of Insurance Commission and the Thai General Insurance Association donated educational equipment and teaching materials to a remote Border Patrol Police school in Ratchaburi. The support was provided under the Volunteer Insurance Teacher project.
US Senate Banking Committee Ranking Member Elizabeth Warren opposed the reported effort by President Donald Trump to fire Federal Reserve Governor Lisa Cook and pledged to fight the move.
Senate Banking Committee ranking member Elizabeth Warren urged the OCC to revoke United Texas Bank’s conversion from a Texas state charter to a national bank charter. She argued that approving the conversion while the bank was under a cease-and-desist order for anti-money laundering and terrorist financing control deficiencies undermines protections against regulatory arbitrage.
The Reserve Bank of India has excluded advances against specified nonresident deposits from adjusted net bank credit for priority sector lending targets. The measure covers eligible Foreign Currency Non-Resident (Bank) and Non-Resident (External) Rupee deposits mobilized through Sept. 30, 2026, with the exclusion capped at the amount qualifying for cash reserve ratio and statutory liquidity ratio exemptions.
The Cayman Islands Monetary Authority clarified that BitMart and related GBM and Bachi entities have never been authorised to provide virtual asset services in or from the Cayman Islands. It advised the public to exercise caution over representations concerning the entities’ regulatory status.
The Central Bank of Cuba recapped a television discussion on banking challenges, digital payments and new incentives. A private-sector accounting executive also argued that issuing new banknote denominations would not, by itself, create inflationary pressure.
The Central Bank of Paraguay and the Latin American Reserve Fund presented a study showing approximately USD 10 billion in cumulative net direct investment inflows from 2008 to 2024. Nonfinancial services received the largest share, while manufacturing diversified toward higher-value-added activities.
The Financial Action Task Force of Latin America trained Costa Rican authorities and private-sector representatives on proliferation financing and targeted financial sanctions. The course covered international standards, risk assessment and mitigation, interagency cooperation and implementation challenges.
The Canadian Public Accountability Board censured Ernst & Young Canada after finding improper answer sharing by more than 500 current and former professionals and failures to monitor whether anti-cheating controls were effective. EY Canada must strengthen its controls, undergo independent oversight for up to 24 months and report monitoring results to CPAB.
The U.S. Senate Banking Committee reviewed ways to expand investment opportunities and improve access to capital for businesses. Chairman Tim Scott said the committee is working to update his capital formation package using bipartisan proposals on public markets, retirement plan investments and business development companies.
The National Credit Union Administration liquidated African Diaspora Federal Credit Union after finding it insolvent and in violation of federal law and regulations. Deposits remain federally insured for at least USD 250,000, and verified account holders will receive correspondence within one week.
The Reserve Bank of Malawi held its policy rate at 24.0%, retaining reserve requirements at 12.0% for local-currency deposits and 3.75% for foreign-currency deposits. It forecasts 2026 inflation at 22.0% and growth at 2.8%, with geopolitical tensions, high oil and fertilizer prices, and potential El Niño conditions posing upside inflation risks.
Brazilian Securities and Exchange Commission Director João Accioly advocated a regulated framework for prediction markets in Brazil. He supported broader investor choice while emphasizing safeguards against misconduct and education about investment risks.
The Tanzania Insurance Regulatory Authority is providing insurance education at a farmers exhibition in Tabora. The outreach focuses on helping farmers and livestock keepers understand how agricultural insurance can protect investments and reduce disaster-related losses.
The Bank of Mexico unanimously held the overnight interbank interest rate target at 6.50% and indicated that maintaining the current rate remains appropriate. Headline inflation is now expected to converge to the 3% target in the fourth quarter of 2027, with risks tilted to the upside.
The West African Monetary Union Banking Commission reprimanded three banks in Niger, Côte d’Ivoire and Burkina Faso and fined each XOF 300 million for regulatory failings. It also withdrew LOCAFRIQUE’s license and placed the Senegal-based institution into liquidation because of persistent prudential breaches, insolvency and the absence of a viable recovery plan.
The National Bank of Serbia reviewed 14 years of reforms, reporting inflation of 2.7% in June 2026 and gross foreign exchange reserves of EUR 30.5 billion at end-July. Nonperforming loans have fallen to 2%, while consumer protection measures have returned or saved individuals more than RSD 8.5 billion. Eighteen of Serbia’s 19 banks have executed euro payments under SEPA standards since May 2026.
Poland's Ministry of Finance outlined voluntary Personal Investment Accounts expected from Jan. 1, 2027, with qualifying assets exempt from the Belka tax within a PLN 100,000 overall limit. The ministry estimates the accounts could channel about PLN 74 billion of additional capital to the Warsaw Stock Exchange by 2040.
The Guernsey Financial Services Commission notified businesses of one individual and 12 entities newly designated under the UK Russia sanctions regime. Businesses must conduct checks, apply immediate asset freezes and restrictions, and report affected relationships to the Policy & Resources Committee and, where applicable, the Commission.
The Guernsey Financial Services Commission has alerted businesses to six ships specified under the Russia sanctions regime. Businesses must check for linked relationships and immediately report findings to the Policy & Resources Committee, while affected firms must subsequently provide prescribed details to the Commission.
The U.S. Department of Justice secured a wire fraud guilty plea from a Florida man who deposited about USD 14 million in fraudulent checks into sham companies’ accounts. He is scheduled to be sentenced on Nov. 5 and faces up to 20 years in prison.
Senate Banking Committee Chairman Tim Scott called for an initial Clarity Act vote before the Senate leaves Washington and reported growing Republican support for a procedural vote. He said the bill would establish digital asset rules intended to protect consumers and support U.S. innovation.
The Reserve Bank of India is consulting on revised concentration risk and credit facility rules for rural co-operative banks, including counterparty and unsecured exposure limits and higher housing loan limits. Larger banks would gain flexibility over housing loan tenors and moratoriums, while sectoral exposure limits would be withdrawn except for real estate.
The National Securities and Stock Market Commission of Ukraine will hold a meeting at noon on August 7, 2026, with the agenda available online.
The Central Bank of the Republic of Azerbaijan suspended four individual insurance agent licenses for one month over failure to submit a required report.
CDP and Japan’s Ministry of the Environment will use corporate nature-related disclosure data to inform policy, support stakeholder dialogue and monitor nature-positive goals. The ministry also plans to draw on relevant information for Japan’s Seventh National Report to the Convention on Biological Diversity.
The Bank of Uganda has launched a daily foreign exchange swap curve showing the implied cost of USD funding against the UGX across maturities from overnight to one year. Based on commercial bank quotations, the benchmark supports transaction pricing, valuation, risk management and price discovery, although actual market prices may vary.
Israel’s foreign exchange reserves rose by USD 93 million to USD 238.792 billion in July 2026, equivalent to 37.2% of GDP. A USD 191 million revaluation gain was partly offset by about USD 73 million in government foreign exchange activities.
The Central Bank of Barbados has rejected false WhatsApp claims that BiMPay is required for overseas payments or that non-users face slower domestic transfers. BiMPay supports domestic instant payments, while its wallet is optional and does not affect PayPal or other international payment services.
The Saudi Central Bank licensed Manasat Wasl to provide finance aggregation services in Saudi Arabia. It also reminded customers to use only authorized financial institutions.
Zimbabwe's Ministry of Finance and Economic Development has published slides for its 2019 Mid-Year Fiscal Review, showing a ZWL 803.6 million first-half surplus. The supplementary budget raised projected expenditure to ZWL 18.62 billion and implied a ZWL 4.56 billion full-year deficit, with additional funding focused on agriculture, social support and infrastructure.
The Kazakh financial regulator expanded Bank CenterCredit's universal banking license to cover interbank loans, guarantees, sureties and other interbank operations.
The Securities and Exchange Board of India released its annual report for financial year 2025-26 and tabled it in Parliament. The report reviews market developments, regulatory and enforcement activity, investor-focused measures and SEBI’s priorities for 2026-27.
The Reserve Bank of India is consulting on draft amendments to its rules for non-banking financial company credit facilities, with feedback due by August 28, 2026.
Project NoCargo recovered 392 fraudulently acquired vehicles valued at about CAD 28 million before they could be exported from Canada. FINTRAC supported the interagency effort and has generated 90 auto theft-related disclosures to law enforcement over the past two years.
The Czech National Bank unanimously held its two-week repo rate at 3.75%, citing persistent core inflation and overall inflationary risks. It forecasts inflation of 2% in 2026 and 2.5% in 2027, and will assess incoming data and the effects of its previous tightening before considering further action.
The Superintendency of the Securities Market of Panama appointed Vanessa Haydeé Rodríguez Vanela as liquidator of Plus Capital Market Inc. She will oversee the firm’s compulsory liquidation.
Chile's Ministry of Finance has created a working group to reduce regulatory and tax barriers to exporting wealth and investment management services to nonresident clients. The sector currently generates more than USD 3 billion in exports and supports about 30,000 to 40,000 jobs. The group will begin meeting in the coming days and report periodically on its progress.
The Central Bank of Chile reported moderate and weaker than expected business conditions, as conflict-related fuel and input costs combined with softer demand to squeeze company margins. Firms remained positive but less optimistic about the rest of 2026 and expected a somewhat better outlook in 2027 as uncertainty and cost pressures ease.
The National Bank of Moldova raised its base rate by 50 basis points to 7.50% on August 6, maintaining restrictive policy amid strong consumer demand and persistent supply shocks. Inflation is forecast to average 7.2% in 2026 and remain above the 5% target’s ±1.5-percentage-point range through the second quarter of 2027.
The Egypt Financial Regulatory Authority has trained factoring companies to use a digital platform that checks invoices for prior financing and prevents duplicate factoring. It plans to expand the system to cover the full factoring process, while first-quarter 2026 factored receivables exceeded EGP 40 billion.
The Central Bank of Egypt reported that financial inclusion reached 79% at the end of June 2026, covering 56.4 million people aged 15 or older. It is preparing a 2026–2030 national strategy focused on effective and secure financial service use, digital innovation, sustainable finance, consumer protection and support for businesses and entrepreneurs.
The Central Bank of Russia has proposed revised listing requirements, including minimum IPO sizes linked to issuer equity capital. Issuers would face new independent valuation, credit rating and corporate governance requirements, while exchanges would centralize key issuer and IPO information.
The Danish Financial Supervisory Authority appointed Cathrine Louise Mehlskov as head of payments and financial technology supervision, effective Aug. 1, 2026.
The Slovenia Insurance Supervision Agency has advertised three positions in supervision, IT, and analysis and international affairs. The roles cover regulatory assessments, risk and financial analysis, IT examinations and international supervisory cooperation, with applications due by Sept. 4, 2026.
The UK Financial Conduct Authority has launched an API providing machine-readable access to its Handbook. Firms and technology providers can integrate regulatory content into compliance tools to support rule mapping, change tracking and AI applications, while the existing Handbook website remains available.
The Seychelles Financial Services Authority warned that Lune International Holdings LTD, the alleged operator of Lune.fi, is not authorized to offer virtual asset-related services or conduct securities business. Its registration as an international business company does not provide such authorization.
The Guernsey Financial Services Commission has licensed a digital administrator as a further participant in its Innovation Sandbox. The initiative allows firms to test innovative business models while addressing regulatory considerations within appropriate safeguards.
The European Commission has backed the SA-H2 Fund through Global Gateway as the Southern African green hydrogen vehicle reached a ZAR 3 billion first close. The fund will finance project development and construction across the green hydrogen value chain and is targeting ZAR 12 billion by mid-2028.
The Prudential Regulation Authority will host a September 17 roundtable on its proposed tailored regime for single-parent captive insurers. The Financial Conduct Authority will also discuss related proposals, with registration closing September 4 and the consultation ending October 14, 2026.
The European Central Bank found that euro area governments have less fiscal room to respond to the 2026 energy shock than they had in 2022. New support totals about 0.1% of GDP and temporarily lowered inflation, but its expiry is expected to produce a comparable upward effect in 2027. The ECB called for temporary, targeted and tailored measures because scope for self-financing through higher tax revenue is limited.
The European Central Bank has introduced the ECB-BIG index to track euro area credit conditions across banks and non-banks. It currently shows renewed tightening, driven mainly by lending rates. ECB modelling links a one standard deviation tightening shock to a 0.6% decline in real GDP after about four quarters.
The European Banking Authority found that EU and European Economic Area banks’ climate risk exposures remained broadly stable in the second half of 2025, with 62% of exposures linked to sectors that contribute highly to climate change. Climate-related data quality improved gradually, particularly for mortgage energy-efficiency assessments.
European Central Bank research finds that financial frictions across production networks amplify monetary policy effects, with peak indirect effects about three times the direct effect of a sector’s own leverage. Weaker demand from financially constrained customers dominates price increases by constrained suppliers, strengthening declines in prices and output after monetary tightening.
The European Central Bank has published a Macro-at-Risk framework using about 350 indicators to assess risks around euro area inflation and growth projections. Models combining different categories of risk drivers consistently outperform single-factor approaches. Labour indicators are most informative for upside inflation risks, while uncertainty, money, credit and financial conditions help identify downside inflation and growth risks.
Luxembourg Finance Minister Gilles Roth reported that investment fund assets have reached nearly EUR 8.6 trillion, up almost 12% over 12 months, with alternatives accounting for about 35% of funds managed from the country. The government may revise the investment tax credit to support AI and cybersecurity spending and could present a new housing investment program within two months.
The Luxembourg Ministry of Finance reported that investment fund assets under management have approached EUR 8.6 trillion, with alternative funds accounting for about 35% of funds managed from Luxembourg. Its competitiveness agenda emphasizes digital finance, AI, cybersecurity and simpler EU rules while opposing centralized supervision. The government may revise investment incentives for AI and cybersecurity and present a residential investment program within two months.
The Central Bank of Bosnia and Herzegovina has formally applied for the country to join SEPA. European bodies will now assess the application, after which banks would need to align their systems with SEPA standards. The first SEPA transactions are expected no earlier than six months after admission.
The Central Bank of the Republic of Azerbaijan has approved rules requiring financial institutions to establish an independent customer complaints function and strengthen ethics standards. The requirements cover banks, insurers, investment firms, payment organizations and electronic money institutions and take effect on Sept. 1, 2026.
The Central Bank of Russia reported a 3.4% decline in average daily incoming payments in July from the second-quarter 2026 average. Excluding selected commodity, petroleum and government sectors, receipts rose 1.4%, driven by growth in consumer demand sectors.