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Showing 6,901–7,000 of 51,335 updates · Page 70 of 514

  • 2026-07-29Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority marks launch of direct CMU-SIX link and first equity post-trade services

    The Hong Kong Monetary Authority welcomed a direct link between the Central Moneymarkets Unit and SIX, providing CMU members with access to securities in Switzerland and Spain. CMU OmniClear also launched its first equity post-trade services as part of CMU’s expansion into a multi-asset infrastructure.

    Policy & regulationImplementation, projects & pilotsMarket infrastructure
  • 2026-07-29GeorgiaNational Bank of Georgia

    National Bank of Georgia Holds Policy Rate at 8.25%

    The National Bank of Georgia left its monetary policy rate unchanged at 8.25% on 29 July, citing June headline inflation of 5.8% against the 3% target and elevated inflationary risks despite resilient economic growth. It said the tight policy stance is likely to be maintained for an extended period, with further tightening possible if second-round effects or inflation expectations intensify, while average inflation is projected at 5.2% in 2026 before gradually converging to target over the medium term.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-07-29NigeriaNigeria National Insurance Commission

    Nigeria's National Insurance Commission urges wider Takaful outreach and product innovation

    Nigeria's National Insurance Commission reiterated its support for Takaful and microinsurance as financial inclusion tools. It urged Noor Takaful to expand outreach, customer education, product innovation and access for underserved communities.

    Policy & regulationReform agenda & prioritiesFinancial inclusion
  • 2026-07-29South AfricaSouth African Reserve Bank

    South African Reserve Bank reports USD 74.1 billion in official reserve assets at end-June 2026

    The South African Reserve Bank reported USD 74.115 billion in official reserve assets at end-June 2026, including USD 50.735 billion in foreign currency reserves and USD 16.263 billion in gold. Predetermined central government foreign currency outflows due within one year totaled USD 2.8 billion, while contingent liabilities stood at USD 1.314 billion.

    Data & statisticsBalance of payments and other external statistics
  • 2026-07-29UzbekistanCentral Bank of the Republic of Uzbekistan

    Central Bank of the Republic of Uzbekistan Keeps Policy Rate Unchanged at 14%

    The Central Bank of the Republic of Uzbekistan kept its policy rate unchanged at 14% in July 2026, saying slower disinflation, persistent supply-side and external price pressures, strong domestic demand, and possible second-round effects from energy tariff changes required continued tight monetary conditions to steer inflation toward the 5% target. Headline inflation rose to 6.4% year on year in June, the end-2026 inflation forecast was unchanged at 6.5%, and the central bank said it will maintain conditions needed for price stability amid robust growth and external inflation risks.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-07-29KazakhstanAgency for Regulation and Development of the Financial Market of the Republic of Kazakhstan

    Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan reviews tighter microfinance and debt collection regime, citing 99 license revocations

    Kazakhstan’s financial market regulator reviewed tighter rules for microfinance organizations and collection agencies, including higher capital, lending restrictions, stronger borrower protections and a debt assignment moratorium through May 1, 2027. Since 2023, it has revoked 99 microfinance licenses, suspended 29 and removed 47 collection agencies from the register, while imposing KZT 693.4 million in fines.

    Policy & regulationRules & requirementsLicensing and supervisory feesPrudential risks
  • 2026-07-29TaiwanMinistry of Finance (Taiwan)

    Taiwan Ministry of Finance clarifies that online pre-filing does not complete cross-border cash and valuables declarations

    The Taiwan Ministry of Finance clarified that online pre-filing does not complete the statutory declaration for passengers carrying cash or controlled valuables above applicable thresholds. Travelers must also report in person and undergo customs inspection before clearance.

    Policy & regulationGuidance & interpretationCross-border cooperation
  • 2026-07-29PhilippinesCentral Bank of the Philippines

    Central Bank of the Philippines and PPMI launch three interoperable digital payment initiatives

    The Central Bank of the Philippines and PPMI launched Direct Debit PH, InstaPay Cash-In and InstaPay for Business. The initiatives enable scheduled bill collections and fund requests, while raising the maximum transfer for registered businesses from PHP 50,000 to PHP 500,000.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-07-29Hong KongHong Kong Mandatory Provident Fund Schemes Authority

    Hong Kong's Equal Opportunities Commission and Mandatory Provident Fund Schemes Authority hold digital inclusion event for racially diverse communities

    The Equal Opportunities Commission and Mandatory Provident Fund Schemes Authority held an event to improve digital inclusion and financial well-being among people of different races in Hong Kong. Participants received multilingual guidance on eMPF and iAM Smart registration, scam prevention, financial management and anti-discrimination protections.

    Financial literacy & educationFinancial inclusion
  • 2026-07-29MacaoMonetary Authority of Macao

    Monetary Authority of Macao reports IMF forecast of 3.3% growth and a sound financial system

    The Monetary Authority of Macao reported that the IMF expects Macao’s economy to grow 3.3% in 2026 and assessed its financial system as sound overall. The IMF recommended further economic diversification, stronger public financial management, greater use of digital and artificial intelligence technologies and additional climate-resilient infrastructure investment.

    SupervisionPeer reviews and country evaluationsEconomic data and developmentsFinancial stability and systemic risk
  • 2026-07-29BrazilBrazil Securities Commission (CVM)

    Brazil Securities Commission suspends NTZ Empreendimentos fund offering for up to 30 days over unresolved irregularities

    The Brazil Securities Commission suspended specified subclasses of the NTZ Empreendimentos receivables fund offering for up to 30 days over unresolved documentation irregularities. The issues must be corrected by Aug. 28 or the offering may be withdrawn and its registrations canceled. Investors who have accepted the offering must be given five business days to withdraw or revoke their acceptance.

    EnforcementInvestigations & enforcement actionsSecurities offerings and listings
  • 2026-07-29AustraliaAustralian Securities & Investments Commission

    Australian Securities and Investments Commission finds mortgage offset failings across eight banks, compensation exceeds AUD 55 million

    The Australian Securities and Investments Commission found weaknesses in mortgage offset account practices at all eight banks reviewed, with some customers missing promised interest savings. Banks have paid more than AUD 55 million in compensation, and further payments are expected. ASIC will monitor remediation and expects all banks offering offset accounts to strengthen controls and compensate affected customers.

    SupervisionReviews, inspections & stress testsConsumer and investor protection
  • 2026-07-29AustraliaAustralian Securities & Investments Commission

    Australian Securities & Investments Commission finds mortgage offset account failures across eight major banks

    The Australian Securities & Investments Commission found weaknesses in mortgage offset account management at eight banks covering more than 70% of the home loan market, with some customers paying excess interest because accounts were not properly linked. Banks reported paying more than AUD 55 million in compensation for offset failures over the two years to Aug. 31, 2025. ASIC is urging borrowers to check their account links, particularly after refinancing or switching loan products.

    EnforcementInvestigations & enforcement actionsConsumer and investor protection
  • 2026-07-29OmanOman Financial Services Authority

    Oman Financial Services Authority reviews satellite and drone use in flood risk analysis

    The Oman Financial Services Authority reviewed the use of satellite imagery, drones and data analytics to improve flood risk management. The technologies could strengthen underwriting, asset valuation, claims settlement and emergency response across Oman’s insurance sector.

    SupervisionOtherClimate risk and sustainable financeArtificial intelligence
  • 2026-07-28Turks & Caicos IslandsTurks & Caicos Financial Services Commission

    Turks and Caicos Islands Financial Services Commission discusses coordinated Caribbean virtual asset regulation

    The Turks and Caicos Islands Financial Services Commission updated regional regulators on its development of a virtual assets legislative framework. It called for greater Caribbean coordination on supervision, enforcement, financial crime risks and investor protection.

    Policy & regulationOtherCross-border cooperationAML and CFTStablecoins
  • 2026-07-28Trinidad & TobagoMinistry of Finance (Trinidad & Tobago)

    Trinidad and Tobago Ministry of Finance and CAF discuss private sector financing for national development projects

    The Trinidad and Tobago Ministry of Finance and CAF discussed financing for domestic firms, public-private partnerships and projects under the country’s 129-project National Revitalisation Blueprint. CAF’s regional initiatives include a USD 35 million SME facility and a USD 20 million anchor commitment to the planned USD 150 million VELA Fund.

    Policy & regulationReform agenda & prioritiesSME financing
  • 2026-07-28ChileCentral Bank of Chile

    Central Bank of Chile Holds Monetary Policy Rate at 4.5%

    The Central Bank of Chile unanimously held the monetary policy rate at 4.5% in July 2026, citing a highly uncertain backdrop in which Middle East tensions and oil-price volatility have raised near-term inflation risks even as domestic activity undershot the June Monetary Policy Report. June inflation rose to 4.3% year on year and short-term expectations increased, but two-year expectations remained at 3%, and the bank said it will assess policy meeting by meeting to ensure inflation returns to 3% over that horizon.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-07-28SpainBank of Spain

    Bank of Spain opens selection for secretary general and two deputy director general posts, including new data leadership role

    The Bank of Spain has opened selection processes for secretary general and two deputy director general posts, including a newly created role overseeing data-related areas. The changes follow planned moves by Francisco Javier Priego and Jaime Herrero, and expressions of interest close at 2 p.m. Central European Time on Sept. 21.

    Institutional developmentWorkforce & recruitmentHiring and recruitment
  • 2026-07-28CanadaFinancial Transactions and Reports Analysis Centre of Canada

    Financial Transactions and Reports Analysis Centre of Canada supports human trafficking investigation resulting in nine arrests and 85 charges

    A multi-jurisdictional human trafficking investigation supported by the Financial Transactions and Reports Analysis Centre of Canada resulted in nine arrests and 85 charges. Police identified 12 alleged victims and seized luxury assets, drugs, cash and jewelry, with further charges anticipated.

    EnforcementInvestigations & enforcement actions
  • 2026-07-28Isle of ManIsle of Man Financial Services Authority

    Isle of Man Financial Services Authority consults on Basel III liquidity monitoring metrics and quarterly bank reporting

    The Isle of Man Financial Services Authority is consulting on quarterly Basel III liquidity monitoring metrics for banks, covering maturity mismatch, funding concentration, unencumbered assets, intraday liquidity and the Liquidity Coverage Ratio by significant currency. The full return would generally apply to locally incorporated banks, with narrower requirements for overseas bank branches. Reporting is expected to start in the first or second quarter of 2027 and replace the existing maturity mismatch and large depositor return.

    Policy & regulationRules & requirementsRegulatory reporting
  • 2026-07-28GlobalEgmont Group

    Egmont Group releases environmental crime bulletins to strengthen FIU detection of illicit financial flows

    The Egmont Group has released environmental crime bulletins to help financial intelligence units trace illicit flows linked to wildlife trafficking, pollution, illegal fishing, logging and mining. The resources outline vulnerable sectors, laundering methods, case-based typologies and red flags for suspicious financial activity.

    Policy & regulationGuidance & interpretationAML and CFT
  • 2026-07-28United StatesU.S. Senate Committee on Banking, Housing and Urban Affairs

    U.S. Senate Committee on Banking, Housing and Urban Affairs publishes ranking member’s challenge to Clarity Act over crypto ethics gaps

    The U.S. Senate Committee on Banking, Housing and Urban Affairs published Ranking Member Elizabeth Warren’s challenge to the pending Clarity Act at a minority forum. Warren and witnesses argued that the bill does not prevent officeholder-linked crypto income and fails to address ethics, fraud and illicit finance risks.

    Policy & regulationRules & requirementsOther
  • 2026-07-28CanadaOntario Securities Commission

    Ontario Securities Commission survey finds Canadian crypto ownership has risen to 25 per cent

    An Ontario Securities Commission survey found that 59 per cent of Canadians are aware of crypto assets and ownership has risen to 25 per cent. Half of crypto owners now check a platform’s registration before using it, but misunderstandings about regulation, insurance protections and transaction capabilities persist.

    ResearchFintech and insurtechConsumer and investor protection
  • 2026-07-28CanadaFinancial Services Regulatory Authority of Ontario

    Financial Services Regulatory Authority of Ontario refuses mortgage broker licence renewal, imposes CAD 105,000 in penalties

    The Financial Services Regulatory Authority of Ontario refused to renew Masoud Asnafi’s mortgage broker licence and imposed penalties totaling CAD 105,000 on him and an entity he controlled. The Financial Services Tribunal found false information in 18 mortgage applications and held that brokers have an active obligation to take reasonable steps to verify information provided to lenders.

    EnforcementInvestigations & enforcement actionsUnlicensed or unauthorized activityFraud and scams
  • 2026-07-28GlobalCeres

    Ceres adds five directors and four President’s Council members

    Ceres has added five directors and four members to its President’s Council, expanding its expertise across finance, climate policy, energy and business. The additions bring the advisory council to 32 members.

    Institutional developmentLeadership change & appointmentsLeadership change and appointments
  • 2026-07-28ItalyBank of Italy

    Bank of Italy releases eight studies on AI, financial contagion, household saving and mergers

    The Bank of Italy released eight studies covering AI and monetary policy, financial interconnectedness, household saving and mergers. The research finds that AI could make monetary transmission faster but weaker through credit, while Italy’s increasingly cross-sectoral financial network could transmit shocks rapidly. It also links elevated household saving to rates, real wealth losses and income uncertainty, and estimates that post-merger employment and turnover undershot their counterfactual paths.

    ResearchArtificial intelligenceFinancial stability and systemic risk
  • 2026-07-28LuxembourgCentral Bank of Luxembourg

    Central Bank of Luxembourg reports EUR 29 billion net external position as assets and liabilities rise

    Luxembourg’s external assets rose to EUR 13.801 trillion and liabilities to EUR 13.772 trillion in the first quarter of 2026, producing a net external position of EUR 29 billion. Direct and portfolio investment stocks declined, while other investment assets and liabilities increased.

    Data & statisticsBalance of payments and other external statistics
  • 2026-07-28KuwaitKuwait Capital Markets Authority

    Kuwait Capital Markets Authority suspends auditor Ali Owaid Rakhis Awad's registration for one year

    The Kuwait Capital Markets Authority suspended Ali Owaid Rakhis Awad’s auditor registration for one year from July 2, 2026, following a corresponding professional suspension by the Ministry of Commerce and Industry. He may complete certain existing engagements until the relevant client body approves his annual report, unless the authority decides otherwise.

    SupervisionInterventionsAuditing
  • 2026-07-28PortugalPortuguese Insurance Regulator (ASF)

    Portuguese Insurance and Pension Funds Supervisory Authority finds sector resilient to 218,000 storm claims but identifies a 74% protection gap

    The Portuguese Insurance and Pension Funds Supervisory Authority found that insurers remained operationally and financially resilient after about 218,000 storm claims and EUR 1.4 billion in insured losses. Reinsurance absorbed about 91% of costs, but estimated economic losses of EUR 5.3 billion left a 74% protection gap. The authority recommends stronger climate-risk management, catastrophe preparedness, consumer safeguards and a national protection system.

    SupervisionRisk monitoring & watch pointsClaims management
  • 2026-07-28MoldovaNational Bank of Moldova

    National Bank of Moldova finds banking sector resilient as rapid credit growth shifts risks toward retail and property lending

    The National Bank of Moldova found the banking sector remained well capitalized, liquid and profitable in 2025, but rapid lending growth shifted risks toward retail and property credit. Bank lending rose 26.7%, including 35% growth in household loans. The central bank set a gradual countercyclical capital buffer increase for 2026 and aligned responsible lending requirements for banks and nonbank lenders.

    SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskCapital adequacyLiquidity risk
  • 2026-07-28EuropeEuropean Central Bank

    European Central Bank reports EUR 5.944 trillion balance sheet, down EUR 5.062 billion on weekly transactions

    The European Central Bank reported a EUR 5.944 trillion balance sheet as of July 24, down EUR 5.062 billion from the previous week due to transactions. Monetary policy securities and deposit facility balances declined, while monetary policy lending and euro-denominated liabilities to non-euro area residents increased.

    Data & statisticsMonetary data
  • 2026-07-28RwandaRwanda Capital Markets Authority

    Rwanda Capital Markets Authority urges banks and insurers to raise long-term funding through capital markets

    The Rwanda Capital Markets Authority urged banks and insurers to use shares, corporate bonds and sustainable finance instruments to diversify funding and secure long-term capital. The authority is streamlining approvals and supporting prospective issuers with regulatory, documentation and disclosure requirements.

    Policy & regulationReform agenda & prioritiesMarket developmentClimate risk and sustainable finance
  • 2026-07-28KazakhstanAgency for Regulation and Development of the Financial Market of the Republic of Kazakhstan

    Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan adopts financial ombudsman rules effective Jan 1, 2027

    Kazakhstan’s financial regulator adopted rules for a unified financial ombudsman system that will take effect on Jan. 1, 2027. It also updated the finkelisim.kz platform, which enables eligible borrowers with debts to multiple creditors to pursue collective resolution through one procedure. The platform could initially cover about 350,000 distressed borrowers and is expected to integrate with solvency restoration and bankruptcy mechanisms.

    Policy & regulationRules & requirementsComplaints and dispute resolution
  • 2026-07-28IndiaIndia International Financial Services Centres Authority

    India’s International Financial Services Centres Authority approves market abuse, fund management, trading platform and branch campus reforms

    The International Financial Services Centres Authority approved new frameworks for market abuse and electronic trading platforms, along with wide-ranging changes for fund managers, credit rating agencies and international branch campuses. Fund reforms include higher manager contribution limits, differential unit distribution rights and revised valuation, reporting and disclosure requirements. The notifications will be released in due course.

    Policy & regulationRules & requirementsMarket abuse
  • 2026-07-28Cape VerdeBank of Cape Verde

    Bank of Cape Verde reports slower 6.3 percent growth as reserves rise to 8.8 months of imports

    The Bank of Cape Verde reported that economic growth slowed to 6.3 percent in 2025, while average inflation rose to 2.3 percent. A 3.7 percent current account surplus helped lift reserves to EUR 1.06 billion, covering 8.8 months of imports. The central bank maintained a restrictive stance, and the banking sector’s solvency ratio increased to 24.8 percent.

    Data & statisticsEconomic data and developments
  • 2026-07-28MalaysiaMalaysia Securities Commission

    Securities Commission Malaysia reports former unit trust consultant sentenced to 18 months and fined MYR 2 million for fraud

    Securities Commission Malaysia reported that a former unit trust consultant was sentenced to two concurrent 18-month prison terms and fined MYR 2 million for securities fraud. The offenses involved MYR 215,000 entrusted by four victims for unit trust investments and misused without their consent. Proceedings against his former wife are scheduled to continue in October and November 2026.

    EnforcementInvestigations & enforcement actionsFraud and scams
  • 2026-07-28LuxembourgLuxembourg Commissariat aux Assurances

    Luxembourg Insurance Commission reports record 2025 premiums and sets Solvency II, AML and value for money priorities

    The Luxembourg Insurance Commission reported record 2025 premiums of EUR 71 billion, total assets of EUR 402 billion and after-tax profit of EUR 2.65 billion. Its supervisory priorities cover revised Solvency II requirements, technical provisions, data governance, anti-money laundering reforms and value for money. Conduct reviews found weaknesses in product governance, disclosures, distribution controls and remuneration arrangements.

    SupervisionRisk monitoring & watch pointsSupervision process and methodologiesPrudential risks
  • 2026-07-28SingaporeMonetary Authority of Singapore

    Monetary Authority of Singapore and Association of Banks in Singapore establish task force on AI-driven cyber risks

    The Monetary Authority of Singapore and the Association of Banks in Singapore have established an industry task force to address cyber and technology risks from frontier AI models. It will support information sharing, test AI-enabled defence tools and develop guidance for financial institutions.

    SupervisionSupervision approach, priorities & toolkitCyber resilienceArtificial intelligence
  • 2026-07-28SingaporeMonetary Authority of Singapore

    Monetary Authority of Singapore steps up AI cyber requirements and targets quantum resilience before decade-end

    The Monetary Authority of Singapore will require key financial institutions to assess and strengthen their defenses against AI-enabled cyber threats and will issue a roadmap for achieving quantum resilience before the end of the decade. The measures build on mandatory AI-assisted red teaming introduced on July 1 and include industry work on AI-based scam detection. MAS also reported that the financial system remains broadly resilient and recorded a SGD 20 billion net profit for the 2025/2026 financial year.

    Policy & regulationRules & requirementsCyber resilienceQuantum computing
  • 2026-07-28GeorgiaNational Bank of Georgia

    National Bank of Georgia reviews payment system projects and consumer comparison tools with Visa

    The National Bank of Georgia and Visa reviewed ongoing and planned payment system initiatives, including measures to expand access to innovative services. The central bank also highlighted Visa’s support for its platform comparing payment service fees and bank deposit rates.

    Policy & regulationCooperationPayments and payment systemsConsumer and investor protection
  • 2026-07-28KyrgyzstanNational Bank of the Kyrgyz Republic

    National Bank of the Kyrgyz Republic announces Apple Pay availability in Kyrgyzstan

    The National Bank of the Kyrgyz Republic announced that Apple Pay is now available in Kyrgyzstan for contactless, in-app and online payments, including purchases abroad. The service uses tokenization and Face ID or Touch ID to protect transactions.

    Policy & regulationImplementation, projects & pilotsPayments and payment systems
  • 2026-07-28TajikistanNational Bank of the Republic of Tajikistan

    National Bank of the Republic of Tajikistan discusses Apple Pay launch with Visa and domestic banks

    The National Bank of the Republic of Tajikistan discussed introducing Apple Pay with Visa and three domestic banks, which expressed readiness to implement the service. Apple Pay would expand the country’s digital payment options alongside Google Pay and Garmin Pay.

    Policy & regulationCooperationPayments and payment systems
  • 2026-07-28NamibiaBank of Namibia

    Bank of Namibia and Namibia Statistics Agency convene inaugural Statistics Awareness Day, call for digital investment

    The Bank of Namibia and the Namibia Statistics Agency used the inaugural Statistics Awareness Day to call for sustained investment in modern statistical systems. Priorities include digital infrastructure, stronger data governance and collaboration, improved technical capacity and the responsible use of artificial intelligence.

    Institutional developmentCooperation & capacity buildingEconomic data and developmentsFinancial and market indicators
  • 2026-07-28CyprusCentral Bank of Cyprus

    Central Bank of Cyprus finds financial stability risks remain elevated despite financial sector resilience

    The Central Bank of Cyprus found that the financial system remains resilient, although financial stability risks are elevated by geopolitical tensions, external shocks and cyber threats. It also warned that changes to the foreclosure framework could weaken payment discipline and increase borrowing costs. Macroprudential measures include a 1.5% countercyclical capital buffer from January 2026.

    SupervisionRisk monitoring & watch pointsFinancial stability and systemic riskMacroprudential policy and tools
  • 2026-07-28GreeceBank of Greece

    Bank of Greece reports improved bank fundamentals and prioritizes geopolitical, climate and digital resilience

    The Bank of Greece reported stronger profitability, capital and asset quality across Greek banks in 2025, while the insurance market remained resilient. Its supervisory priorities focus on capital adequacy, geopolitical and climate risks, corporate governance, digitalization and AI-related cyberthreats.

    SupervisionRisk monitoring & watch pointsPrudential risksSupervision process and methodologies
  • 2026-07-28EgyptEgypt Financial Regulatory Authority

    Egypt's Financial Regulatory Authority reports investment fund net assets rose 14.7% to EGP 470.9 billion in the second quarter

    Egypt's Financial Regulatory Authority reported that investment fund net assets rose 14.7% to EGP 470.9 billion in the second quarter of 2026, while fund units increased 40.16% to 44.04 billion. Individuals held 74.7% of units, and the market comprised 224 funds after a revised classification and 15 recent launches.

    Data & statisticsActivity and performance reporting
  • 2026-07-28AustraliaAustralian Securities & Investments Commission

    Australian Securities and Investments Commission secures Capital Guard wind-up, independent liquidators appointed

    The Australian Securities and Investments Commission secured court orders to wind up Capital Guard and appoint independent liquidators. ASIC’s investigation indicates that the company raised about AUD 17.4 million from around 80 investors, with only a small proportion remaining in known accounts and payment platforms. The broader investigation remains ongoing.

    EnforcementInvestigations & enforcement actions
  • 2026-07-28North MacedoniaNational Bank of the Republic of North Macedonia

    National Bank of the Republic of North Macedonia Holds Policy Rate at 4.25%

    The National Bank of the Republic of North Macedonia kept its policy rate at 4.25% on 28 July, saying inflation has continued to slow, with June inflation at 3.4%, but that more time is needed to confirm the trend amid high external uncertainty and domestic demand-side risks. It said the current stance, alongside earlier reserve requirement and macroprudential measures, should support denar-euro exchange-rate stability and a gradual return of inflation to its historical average, while it remains ready to use all available instruments to preserve macroeconomic and financial stability.

    Monetary policyPolicy rate decisionsMonetary policy decisions and developments
  • 2026-07-28EuropeEuropean Financial Reporting Advisory Group

    European Financial Reporting Advisory Group releases interactive 2026 Revised ESRS and Voluntary Standard

    The European Financial Reporting Advisory Group has released an interactive document set for the 2026 Revised ESRS and Voluntary Standard adopted by the European Commission. The standards will take legal effect only after publication in the Official Journal of the European Union, while supporting datapoints, taxonomy materials, guidance and translations remain under development.

    Policy & regulationOtherAccounting and financial reporting
  • 2026-07-28GlobalOECD

    Organisation for Economic Co-operation and Development finds private finance mobilisation peaked at USD 77 billion but remained concentrated

    The OECD found that private finance mobilised by official development interventions reached a record USD 77 billion in 2024 but remained below development needs. Funding was concentrated in middle-income countries, economic infrastructure and climate mitigation, with multilateral development banks accounting for 71%. The report calls for better data, more standardised blended finance instruments and stronger institutional co-ordination.

    ResearchFinancial and market indicators
  • 2026-07-28GlobalOECD

    Organisation for Economic Co-operation and Development urges Malaysia to renew fiscal, productivity and education reforms

    The Organisation for Economic Co-operation and Development projects Malaysian growth of 4.9% in 2026 and 5.0% in 2027, while warning of trade and global-demand risks. It recommends fiscal and subsidy reform, more competition-friendly regulation and education improvements. The survey also calls for stronger climate adaptation, broader natural-hazard insurance and a shift from fossil fuel subsidies to carbon pricing.

    ResearchEconomic data and developments
  • 2026-07-28OmanOman Financial Services Authority

    Oman Financial Services Authority launches Safe Investment Journey to promote informed investing through licensed firms

    The Oman Financial Services Authority and its market partners have launched an interactive initiative promoting informed investment decisions and the use of licensed entities. Running through Aug. 2 at Khareef Dhofar 2026, it includes practical investor education, access to financial advisers and financial literacy activities for children.

    Financial literacy & educationFinancial literacy and education
  • 2026-07-28KuwaitKuwait Capital Markets Authority

    Kuwait Capital Markets Authority licenses private marketing of 300 Gateway Living Portfolio interests to professional clients

    The Kuwait Capital Markets Authority licensed Gulf Capital Investment Company to privately market 300 Gateway Living Portfolio interests to professional clients in Kuwait at USD 100,000 each. The license will run for one year from issuance of the license certificate, subject to payment of the required fees within one month.

    SupervisionAuthorisations & approvalsSecurities offerings and listings
  • 2026-07-28United KingdomThe Pensions Regulator

    UK Pensions Regulator secures settlement over avoided plumbing scheme debt and warns participating employers

    The Pensions Regulator secured a settlement and payment into the plumbing industry pension scheme after anti-avoidance action against Cliden Construction and connected parties. It warned participating employers that attempts to evade their pension debts and shift liabilities to other employers could result in enforcement action. The scheme has a deficit of about GBP 258 million and more than 30,000 members.

    EnforcementInvestigations & enforcement actionsCorporate governance
  • 2026-07-28United Arab EmiratesDubai International Financial Centre

    Dubai International Financial Centre surpasses 10,000 active registered companies as regulated firms grow 16 percent

    Dubai International Financial Centre exceeded 10,000 active registered companies for the first time, reaching 10,018 after 30 percent growth over 12 months. Regulated financial services firms rose 16 percent to 1,134, while AI, FinTech and innovation firms grew 39 percent to 1,933.

    Data & statisticsActivity and performance reporting
  • 2026-07-28United Arab EmiratesCentral Bank of the UAE

    Central Bank of the UAE reports 1.1% rise in bank assets and 0.5% credit growth in May 2026

    The Central Bank of the UAE reported that banking assets rose 1.1% to AED 5,633.1 billion and gross credit increased 0.5% to AED 2,733.1 billion in May 2026. Domestic lending drove credit growth, while banks’ reserve balances with the central bank jumped 49.4% to AED 295.4 billion.

    Data & statisticsFinancial and market indicatorsMonetary data
  • 2026-07-28Saudi ArabiaSaudi Arabia Insurance Authority

    Saudi Arabia Insurance Authority suspends Namar Insurance Brokerage over regulatory violations

    The Saudi Arabia Insurance Authority has suspended Namar Insurance Brokerage for using unlicensed individuals to market and sell policies and failing to meet Saudization requirements. The suspension will remain until the company remedies the violations, while its obligations under existing policies continue.

    SupervisionInterventionsUnlicensed or unauthorized activityComplianceConsumer and investor protection
  • 2026-07-28GlobalBank for International Settlements

    Bank for International Settlements assesses how debt-financed AI investment boom complicates monetary policy calibration

    The Bank for International Settlements finds that the AI boom is delivering a large, increasingly debt-financed investment impulse while its productivity payoff remains uncertain. Simultaneous effects on demand and supply are blurring cyclical signals and complicating monetary policy calibration. Potential financial stability risks include overinvestment, weaker credit quality and a correction in AI-related asset prices.

    ResearchArtificial intelligenceMacroprudential policy and tools
  • 2026-07-28UkraineUkraine National Commission on Securities and Stock Market

    Ukraine's National Securities and Stock Market Commission discusses reforms to channel private capital into economic recovery

    Ukraine's National Securities and Stock Market Commission is consulting market participants on reforms to channel private savings and investment capital into the economy and reconstruction. Priorities include individual investment accounts, securitization, corporate and municipal bonds, investment funds, virtual assets and tokenization, alongside stronger disclosure and investor protection standards.

    Policy & regulationRules & requirementsMarket developmentSecurities offerings and listings
  • 2026-07-28United KingdomFinancial Conduct Authority

    Financial Conduct Authority and Prudential Regulation Authority outline expectations as critical third-party oversight regime goes live

    The Financial Conduct Authority and Prudential Regulation Authority outlined expectations under the UK’s now-live critical third-party oversight regime. Designated providers must manage and test the resilience of critical services and support coordination during incidents, while regulated firms remain responsible for their own operational resilience and third-party risks.

    Policy & regulationGuidance & interpretationOutsourcing and third-party risk management
  • 2026-07-28EuropeEuropean Central Bank - Banking Supervision

    European Central Bank Banking Supervision requires cyber action plans by October, reinforces AI accountability

    European Central Bank Banking Supervision expects bank boards and senior management to remain accountable for AI use and associated risks. Banks must submit cyber action plans by October 2026 addressing resilience, incident response and critical third-party oversight. The ECB also plans to publish the outcome of its 2026 geopolitical reverse stress test.

    SupervisionRisk monitoring & watch pointsArtificial intelligenceCyber resilienceGeopolitical risk
  • 2026-07-28EuropeEuropean Central Bank

    European Central Bank study finds widespread but shallow AI adoption across euro area firms

    A European Central Bank study found that about 70% of euro area firms use AI, but only 7% report significant adoption, with skills, privacy concerns and system incompatibility constraining wider use. AI investment relies mainly on internal funds, and intensive users report stronger turnover and investment expectations without evidence of workforce reductions. Firms substantially underestimate competitors’ adoption, while correcting those perceptions increases their own planned AI investment.

    ResearchArtificial intelligence
  • 2026-07-28EuropeEuropean Central Bank

    European Central Bank publishes membership of Rulebook Development Group

    The European Central Bank published the membership of its Rulebook Development Group, chaired by Patrick Papsdorf. The group includes retail payments market and Eurosystem representatives, alongside EU institutional observers.

    Policy & regulationOtherPayments and payment systems
  • 2026-07-28EuropeEuropean Central Bank

    European Central Bank working paper calls for precautionary climate policy as Paris implementation falls short

    A European Central Bank working paper finds that implementation of the Paris Agreement remains insufficient as emissions and climate risks continue to rise. It advocates precautionary and adaptive policies combining mitigation, adaptation and restoration before tipping points narrow the scope for effective action. Key levers include carbon pricing, renewable infrastructure, climate finance, disclosures and carbon management.

    ResearchClimate risk and sustainable finance
  • 2026-07-28EuropeEuropean Central Bank

    European Central Bank outlines digital euro rulebook version 0.91 changes and 2026 workplan

    The European Central Bank outlined changes in interim draft digital euro rulebook version 0.91 and the related 2026 workplan. Further work will address payment service provider obligations, technical service providers, privacy, identifiers, offline functionality, authentication and certification arrangements.

    Policy & regulationRules & requirementsCBDC
  • 2026-07-28VietnamVietnam State Securities Commission

    Vietnam State Securities Commission seeks feedback on consolidated private corporate bond rules

    The Vietnam State Securities Commission sought further feedback on consolidated rules for domestic private corporate bonds and international corporate bond offerings. The draft updates trading, settlement, disclosure, reporting and data-sharing requirements while creating no administrative procedures. It will be revised before submission to the Ministry of Finance.

    Policy & regulationRules & requirementsSecurities offerings and listings
  • 2026-07-28TaiwanCentral Bank of Taiwan

    Central Bank of Taiwan reports liquid reserve ratio fell to 23.49% in June

    The Central Bank of Taiwan reported that financial institutions’ liquid reserve ratio fell by 1.82 percentage points to 23.49% in June 2026, against a statutory minimum of 10%. Actual liquid reserve assets declined by TWD 578.2 billion to TWD 12,990.9 billion.

    Data & statisticsMonetary data
  • 2026-07-28Bosnia and HerzegovinaCentral Bank of Bosnia and Herzegovina

    Central Bank of Bosnia and Herzegovina confirms regulatory requirements met for official SEPA application

    The Central Bank of Bosnia and Herzegovina confirmed that both entities have adopted the laws needed for the country to submit its official SEPA application. The bank will apply to the European Commission and European Payments Council while continuing technical preparations for banks and payment infrastructure.

    Policy & regulationRules & requirementsCross-border payments
  • 2026-07-28MalawiReserve Bank of Malawi

    Reserve Bank of Malawi revokes Tipindule Community SACCO licence and orders compulsory winding-up

    The Reserve Bank of Malawi has revoked Tipindule Community SACCO’s licence for financial unsoundness and breaches of capital and liquidity requirements, and ordered its compulsory winding-up. Claimants have 60 days from publication of the notice to submit claims, with payments subject to statutory priority and available assets.

    EnforcementInvestigations & enforcement actionsPrudential risksCapital adequacyLiquidity risk
  • 2026-07-28GeorgiaNational Bank of Georgia

    National Bank of Georgia publishes second 2026 issue of Monetary Economics journal

    The National Bank of Georgia published the second 2026 issue of its bilingual Monetary Economics journal. The research covers monetary policy transmission, Georgia’s current account, cryptocurrencies, super-app banking ecosystems, credit derivatives and securitization.

    Research
  • 2026-07-28PhilippinesCentral Bank of the Philippines

    Central Bank of the Philippines warns that Bangko Maharlika and The Bank of Humanity are unlicensed

    The Central Bank of the Philippines warned that Bangko Maharlika Ltd., operating as The Bank of Humanity, is neither licensed or supervised by the central bank nor registered with the Securities and Exchange Commission. Customers dealing with the entity may not receive the protections that apply to customers of regulated institutions.

    SupervisionAlertsUnlicensed or unauthorized activity
  • 2026-07-28PhilippinesCentral Bank of the Philippines

    Central Bank of the Philippines reminds resident entities to file fourth-quarter 2026 and 2027 foreign borrowing plans by September 30

    The Central Bank of the Philippines reminded resident entities to submit fourth-quarter 2026 and full-year 2027 foreign borrowing plans by Sept. 30, 2026. The requirement covers medium- and long-term borrowing from nonresidents, offshore debt issuances and onshore debt instruments payable in foreign currency.

    Data & statisticsRegulatory reporting
  • 2026-07-28PhilippinesCentral Bank of the Philippines

    Central Bank of the Philippines and Philippine Economic Society launch nationwide economics knowledge-sharing series

    The Central Bank of the Philippines and the Philippine Economic Society launched a nationwide knowledge-sharing series with a forum on labor markets and inflation. The student-focused initiative covers economic and policy issues and will continue through regional events across the Philippines.

    Financial literacy & educationFinancial literacy and education
  • 2026-07-28Hong KongHong Kong Securities & Futures Commission

    Hong Kong Securities and Futures Commission reprimands and fines Luk Fook Securities HKD 2.1 million over cybersecurity failures

    The Hong Kong Securities and Futures Commission reprimanded Luk Fook Securities and fined it HKD 2.1 million for cybersecurity failures linked to its vulnerability and delayed recovery from a ransomware attack. The deficiencies covered network security, software maintenance, access controls, staff training, backups and business continuity.

    EnforcementInvestigations & enforcement actionsCyber resilience
  • 2026-07-28Hong KongHong Kong Monetary Authority

    Hong Kong Monetary Authority reports HKD 134.7 billion Exchange Fund investment income for first half of 2026

    The Hong Kong Monetary Authority reported HKD 134.7 billion of Exchange Fund investment income for the first half of 2026, as gains on bonds, overseas equities and currency translation outweighed losses on Hong Kong equities. Total assets rose to HKD 4,463.6 billion at end-June, while accumulated surplus reached HKD 862.7 billion. The authority warned that market and exchange-rate volatility could weigh on second-half results.

    Data & statisticsFinancial and market indicatorsSupervisory data
  • 2026-07-28GreeceMinistry of National Economy and Finance (Greece)

    Greece's Ministry of National Economy and Finance outlines European Spectrum Union proposal, with up to 75% of future revenue for EU budget

    Greece’s Ministry of National Economy and Finance outlined a proposal for a European Spectrum Union covering future strategic spectrum allocations under harmonized EU licensing, technical and security standards. Up to 75% of future revenue would support the EU budget, while 25% would capitalize a European Investment Bank mechanism for connectivity and technology investment.

    Policy & regulationReform agenda & prioritiesLicensing and supervisory fees
  • 2026-07-28BelgiumBelgium Financial Services and Markets Authority

    Belgium Financial Services and Markets Authority warns against unauthorized offers by Cédric Bergans and BC Edufin Academy

    The Belgium Financial Services and Markets Authority warned that Cédric Bergans and BC Edufin Academy are not authorized to offer regulated financial products or services in Belgium. Consumers should reject their offers, including apparent investment services and advice involving the collection of money.

    SupervisionAlertsUnlicensed or unauthorized activity