The Brazil Securities Commission has begun market discussions on an experimental regulatory regime for tokenized assets. Participants considered network infrastructures for testing issuance, trading and post-trade activities, with the working group currently given 45 days to report to the CVM Board.
The Australian Prudential Regulation Authority released June 2026 statistics on the domestic banking activities of individual banks, alongside data dating back to March 2019.
The Superintendency of Banks of the Dominican Republic reviewed its 2020-2026 supervisory and regulatory overhaul, including 593 inspections and expanded specialist supervision. It also reported DOP 785.9 million in consumer refunds and the full protection of nonrelated depositors in the Bancamérica resolution. Its 2025-2028 plan calls for deeper risk-based supervision and closer alignment with international standards.
The Central Bank of Nicaragua projects GDP growth of 3.5% to 4.5% in 2026, with inflation at 2.5% to 3.5% and a current account surplus of 7% to 8% of GDP. It maintained the córdoba’s zero annual exchange rate crawl and considers the current Monetary Reference Rate consistent with growth and stable financial intermediation.
Central Bank of Uruguay President Guillermo Tolosa said stronger institutions and policy frameworks have reduced the domestic impact of international shocks. He urged a reassessment of inherited risk perceptions that shape savings and investment decisions, financial development and access to credit.
The Central Bank of Uruguay hosted a public discussion in which IMF Managing Director Kristalina Georgieva highlighted Uruguay’s macroeconomic resilience and progress in its monetary policy framework. She reiterated the IMF’s technical assistance role in supporting stronger institutions, stable inflation and resilience.
The Central Bank of Nicaragua reported that economic activity grew 0.9% year over year in May 2026 and 3.9% in January-May. Seasonally adjusted activity fell 0.4% from April, with strong growth in energy, construction and hospitality offset by contractions in fishing, mining and manufacturing.
The Caribbean Development Bank approved a USD 100,000 grant for the first phase of a feasibility study on a regional stock exchange for participating CARICOM states. The study will assess market demand, regulatory requirements and potential exchange models, with findings to inform decisions on deeper regional capital market integration.
The Central Bank of the Bahamas reported continued healthy economic expansion in June, supported by robust stopover and cruise tourism. Visitor arrivals rose 15.3% year over year in May, while average inflation reached 2.1% in the 12 months to April. External reserve growth slowed significantly as public sector foreign currency inflows declined.
A British Columbia Securities Commission panel extended restrictions against Peter Cishecki and two connected companies over suspected fraud involving 32 investments totaling CAD 9.5 million. The order bars trading in the companies’ securities and related promotional activity until a hearing is held and a panel issues a decision.
The Alberta Securities Commission sanctioned Catalyx and its CEO, Hyuk Jae Park, for crypto custody control failures and delayed reporting of a client asset shortfall. Records showed almost USD 14 million in crypto assets, but only about USD 150,000 remained. Catalyx received permanent market restrictions, while Park must pay CAD 90,000 and faces restrictions lasting at least six years.
The Reserve Bank of Fiji maintained the Overnight Policy Rate at 0.25 percent in July as economic conditions slowed and import-driven inflation rose to 6.1 percent in June. Inflation is expected to remain above 6.0 percent through year-end if oil prices persist, while foreign reserves remain adequate at 5.4 months of retained imports.
The Office of the Comptroller of the Currency revised its compliance guide for community bank leverage ratio changes effective July 1, 2026. The framework could benefit 95% of community banks and free an estimated USD 64 billion to support additional lending.
The Office of the Comptroller of the Currency released Community Reinvestment Act evaluations made public from July 1 through July 30, 2026. The assessments cover eligible federally regulated institutions and their record of meeting community credit needs.
Saudi Arabia's Capital Market Authority canceled Tatwir Aliddikhar's permit to test a robo-advisory service in the FinTech Lab at the company's request.
The Central Bank of Aruba maintained the commercial bank reserve requirement at 12.5%, effective June 1, 2026. Adequate foreign reserves and low inflation supported the decision, although global uncertainty could affect reserves and prices.
The US Commodity Futures Trading Commission has proposed baseline conflict-of-interest safeguards for affiliated futures commission merchants, trading venues and clearing organizations. The rules would strengthen regulatory independence, restrict information and resource sharing, tighten affiliate disclosures and limit designated contract markets’ relationships with affiliated principal trading firms. Comments are due 60 days after Federal Register publication.
The Central Bank of the Bahamas reported healthy first-half growth, with full-year expansion expected to be only moderately below the 3.8% estimated for 2025. External reserves reached about $3.20 billion in late July, while the nonperforming loan ratio declined to an estimated 4.4%. Higher import prices, geopolitical conflicts and tariff uncertainty remain key risks.
The Angola Capital Markets Commission presented a digital platform for capital market entities to submit public consultation responses. The system centralizes the collection and processing of feedback, supporting more efficient, traceable and consistent analysis.
The UK Financial Conduct Authority confirmed that Blue Motor Finance has entered administration after sustained losses and compensation liabilities it could not meet. The firm has stopped lending, but existing loans remain in place and payments should continue as usual. Customers owed compensation are unlikely to recover the full amount.
Lucy Beck pleaded not guilty to allegations that she promoted foreign exchange contracts for difference online without authorization. Her trial is scheduled for June 12, 2028, at Southwark Crown Court.
The Financial Services Regulatory Authority of Ontario has proposed revoking Trapper Goldsmith’s insurance agent licence, alleging incompetence or untrustworthiness. Goldsmith has requested a Financial Services Tribunal hearing.
The Central Bank of Egypt has published the first Africa-wide financial stability report, covering 46 countries representing 90% of the continent’s GDP. The report found average implementation of 61% of international best practices and a financial stability index of 0.55 for 2024. Banks remained dominant and reported an average capital adequacy ratio of 19.7%.
The federal banking agencies updated their community bank leverage ratio compliance guide to reflect an eligibility threshold of greater than 8% and a four-quarter grace period. The optional framework applies to qualifying community banking organizations with less than USD 10 billion in assets, while grace-period use is capped at eight of the previous 20 quarters.
The Financial Superintendence of Colombia launched a microsite centralizing the rules and technical materials for credit institutions’ granular credit portfolio reporting through MURIC. The platform is intended to improve reporting quality and timeliness and reduce errors caused by outdated documentation, but it does not replace the applicable rules.
The U.S. Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee will reconvene virtually on Aug. 6, 2026. It will consider ways to improve public market access, encourage initial public offerings and reduce regulatory friction for small-company capital formation.
The Federal Reserve Board executed a written agreement dated July 15, 2026, with Iuka Bancshares Inc. and The Iuka State Bank as an enforcement action.
The Federal Reserve Board prohibited two former bank employees from the industry for misappropriating customer funds, with one also found to have embezzled bank funds.
The Central Bank of Chile and INACAP will hold regional semifinals for the 2026 Financial Education Olympiad from Aug. 4 to 14, involving 28 student teams selected from more than 1,000 entrants. Seven teams will advance to the national final at the central bank in October.
The Bank of Italy published seven working papers covering bank internal models, AI, climate policy, sustainable finance and labor markets. The research finds no evidence of larger post-adoption risk-weight reductions by weaker banks under harmonized supervision, while highlighting differing inflation effects from current and anticipated climate policy tightening. Other findings include expansionary but unequal effects from AI innovation, weaker U.S. green bond demand and widespread use of fixed-term contracts to manage business uncertainty.
The Central Bank of Russia will require banks to offer fee-free consumer-to-government payments through the Faster Payments System. The requirement takes effect for the largest credit institutions on April 1, 2027, and for banks with a universal licence on October 1, 2027. Banks may also choose to offer a service for depositing cash into another bank’s account through their ATMs.
The Payment Systems Regulator has directed Mastercard and Visa to give acquirers clearer information on card scheme and processing fees and strengthen pricing governance. The governance requirements will take effect within four months, while fee disclosure changes will be implemented over 12 months. The regulator is also progressing financial reporting requirements for the schemes’ UK card businesses.
The European Insurance and Occupational Pensions Authority found that market risks remain elevated for occupational pension institutions and that the 12-month outlook is worsening amid geopolitical tensions, high valuations and correction concerns. Cyber risks are also rising, although the sector remains resilient due to robust defined benefit scheme finances and positive portfolio performance.
The European Insurance and Occupational Pensions Authority assessed European insurance sector risks as stable at a medium level overall. Digitalisation and cyber risks rose to high, while geopolitical tensions weakened the outlook for macroeconomic and market risks.
GAFILAT reviewed implementation of revised FATF Recommendation 8 with representatives from all 18 member countries. Discussions emphasized risk-based, proportionate measures to prevent terrorist financing misuse of nonprofit organizations while avoiding disruption to legitimate activities.
The National Bank of the Republic of Tajikistan held its refinancing rate at 7.00%, citing target-consistent inflation, rising global fuel prices, imported consumer goods volatility and a broadly stable national currency. The rate was cut by 50 basis points in January and held in April.
A Portuguese Securities Commission survey of 2,319 predominantly university respondents found that 58.9% displayed some loss aversion and 42.3% showed some financial risk aversion. Financial literacy gaps remained, with 36.7% reporting little or no knowledge of financial markets and instruments.
The Trinidad and Tobago Ministry of Finance confirmed the Customs and Excise Division’s classification of certain mild-hybrid vehicles. Existing customs duty relief remains available to new and used private hybrid vehicles that meet the criteria under Legal Notice No. 247 of 2024.
The Central Bank of Barbados reviewed the country’s economic performance in the first half of 2026 and its outlook for the remainder of the year.
The Saudi Central Bank highlighted the IMF’s assessment that systemic risks to Saudi financial stability remain low and that banks retain strong capital, liquidity and asset quality. The IMF also noted progress on precautionary buffers, crisis preparedness, resolution planning and measures to address foreign currency funding risks.
The New Brunswick Financial and Consumer Services Commission warned that XR Trust Group and xrtrustg.com are not registered to deal in or advise on securities or derivatives in the province. The alert applies only to the identified entity and website.
The Reserve Bank of India aligned private sector bank remuneration disclosures with Basel Pillar 3 requirements, effective April 1, 2027. The amendments cover annual disclosures for senior executives and material risk takers, as well as the policy treatment, valuation and disclosure of share-linked variable pay.
The Central Bank of the UAE reported a record-low nonperforming loan ratio of 2.8% for the second quarter of 2026, while the net ratio fell to 1.3%. Nonperforming loans declined to AED 76 billion, supported by targeted supervision and tighter credit risk oversight. A resilience package has also provided repayment deferrals on about AED 13.5 billion of loans.
The Botswana Non-Bank Financial Institutions Regulatory Authority is seeking bids to supply, install and configure enterprise storage infrastructure. The tender is reserved for wholly citizen-owned companies domiciled in Botswana, with bids due by 10 a.m. on August 21, 2026.
The Securities and Exchange Board of India’s GARUDA mechanism allows regular AIF schemes to launch 10 working days after filing, unless otherwise advised. Accredited Investor-only funds and Large Value Funds may launch immediately after filing, while Angel Funds may launch from registration. Managers and, for regular schemes, independent merchant bankers are responsible for PPM due diligence and disclosure accuracy.
The Reserve Bank of India redirected commercial banks to its capital adequacy directions for LCR and NSFR disclosure templates and related instructions. The amendments, which follow changes to Basel Pillar 3 disclosures, take effect on April 1, 2027.
El Salvador's Superintendency of the Financial System will accept applications for its Register of Appraisers on business days from Aug. 11 through Aug. 21, 2026. Applicants must submit the required documentation through the authority’s procedures system.
The Superintendency of the Financial System of El Salvador will accept external auditor registration applications from Aug. 11 through Aug. 21, 2026. Applicants must provide the documentation required under the applicable technical standards.
Kazakhstan’s financial market regulator has explained the bank insolvency framework introduced in January 2026, including staged supervision, recovery and resolution measures. Banks must maintain annual recovery plans, while systemically important banks will build TLAC from 13% of risk-weighted assets in 2027 to 18% by 2032. Shareholders and creditors will absorb losses before any last-resort state support, while guaranteed individual deposits remain fully protected.
The People's Bank of China and the National Bank of Kazakhstan renewed their bilateral local currency swap agreement. The arrangement is intended to facilitate bilateral trade and investment, deepen financial cooperation and support financial market stability.
The Central Bank of the Philippines recognized 15 North Luzon institutions for supporting financial integrity, inclusion and sustainability. The honorees included 11 supervised financial institutions and four Department of Trade and Industry offices.
Securities Commission Malaysia concluded its flood resilience university challenge and awarded MYR 57,000 for student-led climate adaptation solutions. Around 400 students from 46 universities developed flood mitigation proposals and river-health campaigns. The initiative supports the Capital Market Masterplan 2026–2030 sustainability pillar.
The National Bank of Ukraine (NBU) raised its key policy rate by 50 basis points to 15.5% in July, citing stronger underlying price pressures and an expected acceleration in headline inflation. The NBU signalled a possible further increase before monetary easing resumes in Q2 2027.
The Hong Kong Monetary Authority published an HKICL alert about fraudulent websites offering fake buyer protection for FPS transactions. The sites seek personal and bank account information and connect users with fraudsters posing as customer service personnel.
The Central Bank of the Republic of Azerbaijan has scheduled a certification assessment for 13 insurance intermediaries in Baku at 10 a.m. on Aug. 10, 2026, with identification required for admission.
The National Bank of Georgia warned that fraudsters are impersonating its representatives through WhatsApp and other channels to obtain online banking credentials and personal information. Citizens should not use suspicious links or conduct transactions at unknown parties’ request and should report suspected incidents to law enforcement.
Ireland's Department of Finance noted 91.3% shareholder approval for BAWAG's EUR 1.6 billion acquisition of PTSB at EUR 2.97 per share. Completion remains subject to regulatory approvals, other conditions and High Court sanction.
The Insurance Supervision Agency of Montenegro has licensed Wiener Städtische Insurance Podgorica Vienna Insurance Group to conduct non-life insurance business. The company has been registered in the Central Register of Business Entities, enabling it to enter Montenegro’s non-life insurance market.
The National Bank of the Kyrgyz Republic fined two individuals KGS 17,500 each for unlicensed cash foreign currency exchange in the Jalal-Abad region.
The Maldives Monetary Authority has launched Favara’s first international integration, enabling real-time transfers from the Maldives to UPI-enabled bank accounts in India. Bank of Maldives and Maldives Islamic Bank are participating initially, with merchant payments and other digital payment services planned for later phases.
The National Bank of the Kyrgyz Republic repealed its 2022 temporary foreign currency exchange measures and related suspension resolutions.
The Bank of the Lao P.D.R. welcomed Fazurin Jamaludin as the incoming head of the IMF Resident Representative Office in Laos, succeeding Jochen Schmittmann. Cooperation will continue on technical assistance, financial and monetary system development, and banking-sector modernization.
The Czech National Bank will establish an AI Division on Aug. 1, 2026, to centralize AI and machine learning deployment, priorities and oversight. The division will be led by Janis Aliapulios and created from existing resources without increasing total positions.
Türkiye's Banking Regulation and Supervision Agency published its monthly disclosure of fundamental financial information submitted by supervised institutions.
The Spanish National Securities Market Commission found that financial stability remains solid, with low system stress despite geopolitical tensions and higher rate expectations. It flagged technology stock overvaluation and concentration, as well as AI-related risks, while noting that Spanish funds’ liquidity, leverage and short fixed-income duration mitigate vulnerabilities. Spain has authorized 20 crypto-asset service providers, with 16 applications pending.
The Guernsey Financial Services Commission and the Policy & Resources Committee are consulting on changes to address MONEYVAL recommendations concerning the financial crime supervisory framework. The proposals also correct consequences of the Lending, Credit and Finance Law and seek views on jurisdictions treated as meeting equivalent Financial Action Task Force standards.
The International Swaps and Derivatives Association hosted ESMA Chair Verena Ross to discuss progress in simplifying EU financial regulation and reducing compliance burdens, including in transaction reporting.
Ceres opposed the SEC’s proposed rescission of its 2024 climate-related disclosure rules, arguing that standardized reporting supports investment and voting decisions. It cited backing from investors representing more than USD 50 trillion in assets and the expansion of climate disclosure requirements globally.
The Brunei Darussalam Ministry of Finance and Brunei Darussalam Central Bank are hosting the 2026 APG Annual Meeting and Technical Assistance Forum as the country prepares to serve as rotating co-chair for 2026-2028. Delegates are addressing the APG’s strategic priorities, regional capacity building and non-conviction-based forfeiture.
The Financial Conduct Authority censured Equity for Growth for approving misleading minibond promotions that omitted very high commissions and their deduction from invested funds. It waived a potential GBP 386,467 penalty because the firm is insolvent and being wound up, while investor claims will be assessed by the Financial Services Compensation Scheme.
The OECD found no systematic link between non-generative AI adoption and increased market power in France and Portugal, but identified emerging concentration risks in AI innovation. Generative AI may help smaller firms compete, although firms with stronger capabilities appear better placed to benefit. AI start-ups attract substantial venture capital but are frequently acquired by incumbents, supporting continued market monitoring.
The Central Bank of Syria agreed to open an account at the Central Bank of the Republic of Türkiye to facilitate trade and investment payments and support correspondent banking. The authorities also discussed arrangements for withdrawing Turkish lira circulating in Syria and broader cooperation on payment systems, digitalization and cybersecurity.
The Isle of Man Financial Services Authority has published a factsheet on targeted financial sanctions and suspected breach reporting. Firms should maintain robust governance, controls and risk assessments to identify customers and transactions linked to sanctions evasion.
The Central Bank of Ireland has finalized supplemental guidance on how decision makers determine the nature, scope and duration of prohibition notices under the Fitness and Probity Regime. Consultation-led amendments address factors relevant to prohibition and the publication of notices, with the guidance due to be integrated into the main guidance after its review.
The Financial Conduct Authority has set the framework for a UK equity consolidated tape to be delivered within 18 months and launched an interim daily market activity reporter for shares. It is also consulting on targeted market structure reforms and how to monitor market quality, with feedback due by Oct. 16, 2026.
The Vietnam State Securities Commission and Ministry of Finance published their responses to feedback on a draft circular covering domestic private corporate bond offerings and trading and international corporate bond offerings.
A Bank of Italy study found no systematic cost advantage for stablecoin remittances, with costs ranging from 0.30% to 8.96% across the tested corridors. On- and off-ramp frictions, rather than blockchain settlement, drove most costs and delays. Transfers took less than 20 minutes with instant payment infrastructure but up to two business days when standard bank transfers were required.
Open Banking Limited reported that UK Open Banking has surpassed one billion payments and 100 billion API calls across major banks. API traffic reached a monthly record of 2.81 billion calls in June, while Variable Recurring Payments grew 6.7% month on month.
The Central Bank of Libya is transferring July salary authorizations to commercial banks for immediate processing through the Your Salary Instantly system. About 1.7 million public sector employees are registered, representing a 76% participation rate.
Bulgaria's Financial Supervision Commission consented to the merger of Europäische Reiseversicherung Aktiengesellschaft into Europ Assistance S.A., including insurance contracts for risks located in Bulgaria.
The Central Bank of Luxembourg reported that credit institutions’ aggregate balance sheet rose by 1.71% in June 2026 to EUR 1.051 trillion, up 6.76% year over year. Nonbank lending increased by 7.02% annually, while resident nonbank deposits grew by 6.41%.
The Central Bank of Luxembourg set banks’ reserve requirement at EUR 6.917 billion for the June 17 to July 28, 2026, maintenance period, an increase of EUR 268 million.
South Korea's Financial Services Commission approved KRW 1.3 trillion for LG Display’s next-generation OLED facilities and KRW 50 billion for Techwing’s HBM testing equipment expansion. The projects bring National Growth Fund approvals and fund formations to KRW 16.3 trillion across 24 projects, with 42.4% allocated to regional projects.
The Single Resolution Board has issued guidance standardizing banks’ analysis of their ability to reorganize and restore long-term viability after an open-bank bail-in, without adding new requirements. It covers governance, Core Bank identification, reorganization measures, five-year financial projections and maximum reorganization capacity. The accompanying quantitative template is optional.
The Central Bank of Russia plans tighter loan loss provisioning rules and a risk-based capital add-on of 0% to 5%, with the amendments expected to take effect in January 2027. It will also discuss a possible foreign currency liquidity ratio to encourage banks to maintain buffers against cash outflows.
Thailand's Office of Insurance Commission identified recurring accident sites and high-risk behaviors in two Prachin Buri communities, where 180 road deaths and 1,753 injuries were recorded in 2025. The findings will support local action plans covering hazardous-road improvements, enforcement, behavioral measures and compulsory motor insurance coverage.
The Slovenia Insurance Supervision Agency has assessed source-data-based supervision and favors a hybrid approach for insurers. Granular data could improve timeliness and consistency for policies, premiums, claims and investments, while prescribed reporting would remain necessary for model-based actuarial estimates. Implementation poses system, cybersecurity, data protection and methodological challenges.
Moldova’s National Commission for Financial Markets approved Ceadîr-Lunga municipality’s MDL 8 million bond offering to finance four local infrastructure projects. It also registered a MDL 4 million additional share issue by Centrul II and approved price reductions of up to 5% for 49 unsold shareholdings managed by fiduciary administrators.
People's Bank of China and Bank Indonesia deputy governors discussed economic conditions in both countries and bilateral financial cooperation on July 28.
The European Central Bank has outlined digital euro app accessibility features designed to exceed European legal and technical requirements. The app will be tested during the digital euro pilot launching in 2027 and would complement access channels offered by payment service providers.
The European Central Bank has updated its government finance statistics guide to align compilation practices with its 2025 reporting guideline. The revisions cover Next Generation EU and Recovery and Resilience Facility flows, the classification of the European Financial Stability Facility and European Stability Mechanism, and transactions involving the Single Resolution Board and Single Resolution Fund.
A European Central Bank working paper finds that adverse oil supply news shocks cause stronger and more persistent US economic contractions than comparable favorable shocks generate expansions. Effects become economically meaningful as shocks move from small to moderate, but do not increase proportionally thereafter, while manufacturing-intensive states contract more than energy-producing states.
A European Central Bank working paper finds that job transitions and differences in worker ability and employer-match quality explain much of measured earnings persistence and volatility. After accounting for this heterogeneity, estimated productivity shocks are smaller and less persistent, while earnings volatility falls and becomes broadly flat across the earnings distribution.
The Central Bank of the Republic of Azerbaijan will hold a financial services outreach session in Zangilan on Aug. 5, 2026. Representatives will assist residents of five districts with financial services inquiries.
Bank of Ghana Governor Johnson Pandit Asiama called for pension risks to be integrated into cross-sector financial stability oversight. Ghana’s pension assets rose 26.3% to GHS 108.88 billion in 2025, increasing the need for coordinated surveillance, comparable data and stronger operational resilience.
The Hellenic Capital Market Commission approved Alpha Bank’s squeeze-out request for shares in Alpha Trust Holdings. It also fined three issuers a combined EUR 17,000 for delayed reporting or failures to comply with international accounting standards.
The Central Bank of the Philippines found that most banks expect lending standards to remain unchanged in the third quarter of 2026, including 75.5% for enterprise loans and 80.0% for household loans. Diffusion indexes nevertheless indicate a moderated net tightening bias, while 30.2% of respondents expect enterprise loan demand to increase.
The Hong Kong Securities and Futures Commission has restricted dealings in up to HKD 125.247 million of assets held at Futu by an entity suspected of involvement in an IPO demand manipulation scheme. Futu is not under investigation, and the restriction does not affect the firm or its other clients.
The Central Bank of Jordan (CBJ) held its key interest rate at 5.75% and left other policy rates unchanged, citing monetary stability, low inflation and sound economic performance. The CBJ said it would monitor regional uncertainty and act as needed to preserve monetary and financial stability.
The Austrian Financial Market Authority has issued consumer guidance on stablecoins and broader crypto-asset risks. It advises investors to verify regulatory status and stability claims, assess their ability to bear losses and treat promises of guaranteed profits or unusually high returns with particular caution.