The Kuwait Capital Markets Authority has amended certain provisions of Book Ten on Disclosure and Transparency in its executive regulations under Law No. 7 of 2010. The decision took effect from the date of issuance and will be published in the Official Gazette.
The Central Bank of Barbados said it will publish its review of the economy for the first half of 2026 at a press conference on July 29. Governor Kevin Greenidge will cover growth, debt-to-GDP, reserves, inflation and unemployment, and give an outlook for the rest of 2026. The event will be livestreamed and followed by questions from media and the public.
The Central Bank of Russia said in its Financial Market Risks Review that retail purchases of corporate bonds reached a record RUB 162 billion, far exceeding demand for federal government bonds and shares. It also said June brought higher market volatility and trading volumes, rising medium- and long-term bond yields, a ruble return to its 12-month average level, and continued declines in stock indices.
The Bank of France's 2025 balance of payments report shows France's current account deficit broadly stable at EUR 11.6 billion, as a lower energy bill was offset by weaker non-energy goods and a smaller services surplus. The goods deficit narrowed slightly, the services surplus fell, and the net international investment position deteriorated to minus 29.7 percentage points of GDP. For 2026, the bank expects the current account deficit to widen modestly to minus 0.6% of GDP, mainly because of a larger secondary income deficit.
The National Credit Union Administration has made USD 13 million available in Community Development Revolving Loan Fund financing for low-income-designated credit unions. Loans are available for up to USD 500,000 at 1.5% annual interest for terms of up to five years. Eligible credit unions must have the low-income designation and an active System for Award Management registration.
The National Bank of the Kyrgyz Republic adopted amendments to its rules for licensing and regulating specialized financial organizations, covering their legal forms, permitted operations, regulatory standards and technical security requirements.
The Central Bank of the Philippines welcomed several banks’ decisions to cut or waive interbank digital transaction fees. The move follows Circular No. 1238, which pushes banks to bring transfer fees closer to zero and requires them to justify fees with cost analyses if asked.
The European Securities and Markets Authority has issued final draft RTS under EMIR 3 on the elements CCPs must consider when admitting clearing members, including non-financial counterparties. The framework is principle-based and risk-sensitive, with separate treatment for financial and non-financial members and specific provisions for sponsored models. The draft now goes to the European Commission, followed by scrutiny by the European Parliament and the Council.
The People's Bank of China Monetary Policy Committee said it will continue a moderately loose monetary policy stance and increase countercyclical and cross-cyclical adjustment. Priorities include ample liquidity, stronger policy rate transmission, lower financing costs, monitoring long-term bond yields and keeping the renminbi basically stable. It also called for targeted support for domestic demand, innovation, small businesses and the private sector.
The European Central Bank published a working paper, not an official policy statement, examining how temporary migration affects macroeconomic adjustment in the European Union. The paper finds that labour mobility changes how shocks and policy actions are transmitted across countries, often smoothing output in receiving economies, altering monetary and fiscal policy trade-offs, and increasing cross-border spillovers. In the model, migration can reduce output losses from tighter monetary policy and lessen investment crowding out during fiscal expansions.
The European Central Bank published balance sheet data showing total assets and liabilities of EUR 5.98 trillion, with quarter-end adjustments reducing the total by EUR 145.1 billion despite a EUR 10.9 billion rise from transactions. The largest asset-side move was a EUR 159.7 billion drop in gold and gold receivables, while monetary policy liabilities to euro area credit institutions increased by EUR 17.8 billion to EUR 2.37 trillion. Revaluation accounts fell by EUR 150.6 billion.
The Guernsey Financial Services Commission has notified firms that UK Sanctions List details for Stanislav Sergeyevich Popov and HOUBI GLOBAL S.A. have been varied, while the existing Russia sanctions measures against both remain in force. Businesses must check for exposures, freeze relevant assets immediately and report findings to the Policy & Resources Committee. Firms that identify an affected relationship must also notify the Commission and provide the report required under Handbook Rule 12.37.
The Guernsey Financial Services Commission has told regulated firms to review technology risk management after advances in AI increased the speed and scale of software vulnerability discovery. Its Dear CEO letter focuses on vulnerability management, patching and outsourced provider oversight. Boards and senior management are expected to ensure technology risk is monitored continuously and that remediation can be accelerated without weakening controls.
The Croatian Financial Services Supervisory Agency’s review of 2025 reporting by Zagreb Stock Exchange issuers shows improved audit and sustainability assurance outcomes. Ninety-five percent of annual reports received unmodified audit opinions, up from 91% in 2024. For sustainability reporting, 34 of 35 issuers received unqualified limited assurance conclusions and only one issuer received a qualified conclusion.
The Hong Kong Monetary Authority published a warning from Hong Kong Interbank Clearing Limited about fraudulent websites impersonating HKICL and offering fake buyer protection services for FPS transactions. The sites seek personal and bank account information and may route users to fraudsters posing as customer service staff. HKICL said it is not connected to the sites and does not normally provide FPS services directly to the public.
The Bank of England has finalised its 2026/27 fees and levies, with core levies rising 3% to GBP 715 million and the BoE Levy set at GBP 700 million, largely reflecting the legacy Cash Ratio Deposit transition adjustment. It also confirmed FMI supervisory fees for UK and non-UK CCPs and CSDs, adopting its consultation proposals unchanged and extending the recovery period for UK CCP rulebook costs. FMI invoices are expected before the end of August 2026.
The Vietnam State Securities Commission's Research and Securities Training Center has announced a one-day course on enhancing company secretary practices at public companies in the context of Vietnam's stock market upgrade. The program will be held on July 17, 2026, at the commission's headquarters in Hanoi.
The Vietnam State Securities Commission has selected Vietnam National Cyber Security Technology Joint Stock Company for an IT security systems upgrade contract valued at VND 31,396,520,000. The procurement covers equipment, software and related services and will run for 180 days from the contract’s effective date.
The Party Committee of the Vietnam State Securities Commission reviewed its first-half 2026 party-building work and set tasks for the rest of the year. Priorities for the second half include continuing ideological and political education, implementing party resolutions and monitoring staff sentiment after organizational restructuring. The commission said the meeting’s guidance will be incorporated into its second-half 2026 work program.
The Philippines Department of Finance said 50 GOCCs delivered record dividend remittances of PHP 147.15 billion, up 29% from the previous year, with PHP 140 billion already paid. While the law requires GOCCs to remit at least 50% of prior-year net earnings, the department has asked them to raise payouts to 75% to strengthen non-tax revenues.
The Romanian Financial Supervisory Authority published a Daily Market Report and referred readers to the archive of Daily Market Report and Morning Call publications for 2021 to 2026.
The Cyprus Securities and Exchange Commission has published an invitation from the Cyprus Investors Compensation Fund for financial institutions to express interest in providing execution and custody services for investments in government bonds and treasuries. Proposals are due by 31 July 2026, and the fund may accept or reject bids, request clarifications, or amend or terminate the process.
The Thailand Office of Insurance Commission has told its central and regional offices to step up proactive policyholder protection, with a focus on better claims handling, faster complaint resolution, stronger insurer complaint units, and tighter market conduct oversight. A Buriram seminar and meetings with life and non-life insurers were used to translate that policy into operational measures. The OIC also inspected insurer branches in Buriram to review complaint handling, claims payments, customer service, and compliance with its standards.
Romania's Ministry of Finance said Bucharest will host the Defense Security and Resilience Bank's regional office for the southern flank. The new bank is intended to mobilize public and private capital for defense, critical infrastructure and resilience, while giving Romania, as a founding state, access to a new international financing channel and related decision-making mechanisms. Romanian companies, especially defense-sector SMEs, could benefit from future loans, guarantees and equity support.
The Bank for International Settlements Innovation Hub has published Project Insight, a proof-of-concept dashboard and data framework for monitoring global value chains with granular firm-to-firm and shipment-level data. Built on commercial and public data covering 2018 to 2024 and more than 15 billion observations, it generates standardised metrics on trade trends, concentration, bottlenecks and network risks for central bank and policymaker use.
The Bank for International Settlements Financial Stability Institute published a paper comparing capital requirements for 29 G-SIBs across seven jurisdictions from 2014 to 2025. It finds that while Basel III minimums are aligned, overall risk-based and leverage requirements vary because of different buffers, Pillar 2 practices, G-SIB surcharges and RWA methodologies. The paper also points to evidence that higher capital ratio requirements may offset less conservative RWA measurement.
The Central Bank of Iraq reduced the monthly foreign currency cash allowance for adult travelers to USD 2,000 from USD 3,000 under new rules for citizens traveling abroad.
The Ukraine National Commission on Securities and Stock Market has added LambdaTrade and Sevlushfoods to its list of suspicious investment projects. It said both are targeting Ukrainians without authorization, with LambdaTrade posing as an investment platform and Sevlushfoods marketing AGTI tokens with promises of guaranteed high returns. The commission also reiterated common fraud warning signs, especially guaranteed profits and the absence of a license.
The Financial Conduct Authority has appointed a new Secondary Markets Advisory Committee for the July 2026 to July 2028 term and expanded it to 27 members from 25. The committee advises on wholesale secondary markets across asset classes and supports the FCA's policy work on reforms, market risks and data analysis.
The French Financial Markets Authority warned about unauthorized miscellaneous asset investment offers and added seven websites to its blacklist. The newly listed sites cover gold, diamonds, wine and watches, and such offers must be registered before they can be marketed in France. The blacklist now contains 426 website addresses and is updated regularly but is not exhaustive.
Nigeria's National Insurance Commission trained Federal Capital Territory police officers to enforce compulsory insurance requirements and verify policy authenticity. The initiative seeks to reduce uninsured vehicles and fake certificates while improving public awareness of insurance obligations.
The National Bank of Moldova said Gov. Anca Dragu contributed an anniversary article to the Movers & Shakers 2026 yearbook marking the central bank's 35 years. The piece links the bank's credibility to consistent reform, prudent supervision and transparent communication, and highlights banking sector strengthening, SEPA accession and the MIA instant payments system.
The Angola Capital Markets Commission held a securities market architecture workshop for staff of the Angolan Insurance Regulation and Supervision Agency. It focused on the commission's role, available investment instruments, investor risk profiles and the main factors relevant to informed investment decisions.
The Bank of Albania told Parliament it had implemented the 2025 recommendations while strengthening monetary policy, supervision and payments infrastructure. It reported average inflation of 2.2% in 2025, foreign reserves of about EUR 7.3 billion and a banking sector nonperforming loan ratio of 3.8%, alongside new real estate lending caps and broader EU-alignment reforms. The update also highlighted tougher oversight of nonbanks and exchange offices and SEPA-linked payment upgrades, including zero-fee electronic payments up to ALL 40,000.
In its 2026 Article IV mission statement on Cambodia, the International Monetary Fund said growth is expected to slow to 3 percent in 2026, with higher energy prices, weaker external demand and scam-related reputational damage weighing on activity and financial stability. It called for temporary targeted fiscal support, unwinding broad fuel subsidies as conditions permit, and stronger monetary, supervisory and financial integrity measures. The IMF also urged structural and data reforms to improve resilience and support Cambodia's longer-term growth model.
Ireland’s Department of Finance announced Oireachtas passage of legislation requiring insurers to disregard qualifying cancer histories in mortgage protection applications. The right will apply after five years of completed active treatment and complete remission for cover on a principal private residence up to EUR 650,000. It will replace the existing voluntary code once commenced.
At the FSB's 2026 ReSolve event, the chair of the Resolution Steering Group called for a cross-sector approach to crisis readiness across banking, insurance and central counterparties. The remarks focused on understanding spillovers from resolution actions across sectors and on turning existing FSB standards into operational capability through resolvability work, exercises and removal of barriers. No new policy measures were announced.
The Financial Action Task Force has issued a report urging wider use of public-private partnerships to improve information sharing against money laundering, terrorist financing and proliferation financing. It identifies at least 84 such partnerships globally and says effective models need clear legal authority, strong governance, secure technology and safeguards for data protection and human rights. The report highlights operational results including more than 2,100 arrests and SGD 28.2 million seized under Singapore's Project FRONTIER+.
The Czech National Bank has released June 2026 long-term interest rate data for convergence purposes. The figures feed into the fourth Maastricht criterion on long-term interest rates. Measurement is based on government bonds or comparable securities.
The Central Bank of Cyprus released June 2026 statistics for the Central Information Register on dishonoured cheque issuers and the related preliminary list. June brought 10 new register entries and 16 dishonoured cheques worth EUR 37,188 on the preliminary list. Since January 2022, the register has logged 904 entries and the preliminary list 1,427 cheques worth EUR 4,782,393.
The Central Bank of Cyprus released detailed May 2026 interest rate data on deposits and loans for each credit institution, along with related supplementary information.
The Central Bank of Egypt said preliminary net international reserves stood at USD 55,072.3 million at the end of June 2026.
The Egypt Financial Regulatory Authority said it had agreed with the Egyptian Tax Authority and the Egyptian Exchange to form a working group on closer tax and capital markets coordination. The group will study a joint coordination committee, mutual training arrangements and guidance manuals for capital markets. The discussions also covered tax clarification proposals for investment funds and other market issues.
In a speech, Financial Conduct Authority Deputy Chief Executive Sarah Pritchard said the FCA is using data, technology and greater transparency to support growth while targeting risks more precisely. She cited progress on Targeted Support, expanded innovation services and faster supervisory processes, alongside enforcement and consumer protection results. The FCA also plans to launch a new Climate Scenarios Sandbox cohort later in 2026.
De Nederlandsche Bank published an economist blog saying the current energy shock still warrants close monitoring, even though consumer pressure has eased as energy prices have fallen. The blog argues this episode is less inflationary than the 2022 crisis because gas prices are much lower, supply chains are functioning better and the economy is not overheated. It also notes Brent crude remains about 20% above the level at the end of last year.
The Dutch Central Bank has warned the public about New Invest Capital Ltd, saying the UK-based firm is illegally attracting repayable funds from the public in the Netherlands. The firm offers investments or deposits with a promised return without a banking licence and outside any exemption. Investors are not in breach, but they may face an increased risk of losing their money because the firm is not supervised by the central bank.
The Central Bank of Montenegro said its working visit to the Central Bank of Cyprus is part of preparations for future participation in the ESCB and, after European Union accession, the Eurosystem. The visit is intended to help translate a completed alignment needs assessment into a multi-year roadmap covering institutional, operational, technological and human resource reforms. Cyprus is being used as a benchmark for how a smaller central bank can meet Eurosystem requirements.
The Indonesia Financial Services Authority said in a public lecture that stronger governance and integrity are critical to financial system stability as digital transformation increases risk complexity in the financial services sector. OJK highlighted fraud and cyber threats as key challenges and said firms need proactive, resilience-based governance that can prevent, detect, respond to and recover from threats. The remarks were delivered as part of OJK's ongoing Governance Roadshow.
The National Bank of Georgia held a two day conference on the use of Georgia government bond indices and the development of index-based investment products, including ETFs. The discussions built on the February 2026 launch of seven sovereign bond indices developed by Intercontinental Exchange and focused on how those benchmarks could support portfolio management, fund structuring and broader capital market development. A second day of bilateral meetings followed between local market participants and ICE representatives.
The Malaysia Ministry of Finance welcomed banking industry measures to support households and micro, small and medium-sized enterprises, including a Basic Credit Card with a 14% annual rate cap, removal of the MYR 1 ATM withdrawal fee from July 1, 2026, and targeted repayment relief. Banks have already processed more than MYR 4.7 billion of restructuring requests for over 1,100 borrowers, while about MYR 1 billion has been approved under the MYR 5 billion SME Stability Support Facility.
The ADGM Financial Services Regulatory Authority has warned that Veyron Markets may be making false claims about being associated with ADGM. It said the entity has never been authorised to carry on Regulated Activities in or from ADGM and has never been incorporated or licensed there. The regulator urged investors to verify firms through the relevant ADGM public registers before dealing with them.
The Central Bank of Jordan co-hosted SWIFT's 2026 annual user group meeting with participants from the Central Bank of Iraq and banks in Iraq and Jordan, covering SWIFT's 2026 priorities, payments initiatives, ISO 20022 and security controls.
The Bank of France and the Prudential Supervision and Resolution Authority warned consumers about fake investment and credit offers spread online and through social media. ACPR said 66% of fraud reports concern fake investments and 32% fake credit, with losses sometimes reaching EUR 1 million. The authorities also warned against fraudsters impersonating them and said they never ask individuals for confidential banking data or payments.
The French Financial Markets Authority has warned the public about unauthorized crypto-asset operators and published 16 newly identified websites offering such services illegally in France. It said 38 names have been added to its blacklist since the start of 2026. The authority also reminded investors to verify providers against its whitelist of authorized crypto-asset service providers.
Bank of the Lao announced five leadership personnel changes, including four promotions to deputy department head roles and one transfer to deputy head of its banknote printing house. The reshuffle affects the Banking Services, Information Technology, International Cooperation and Inspection functions and was presented as an organizational adjustment to meet current work needs.
The European Securities and Markets Authority has launched a Common Supervisory Action on the digital operational resilience of crypto-asset service providers, centred on custody services. National Competent Authorities will review a risk-based sample of authorised firms from the second half of 2026 to the first half of 2027, focusing on distributed ledger technology risks such as key management, transaction controls, incident response, smart contracts and third-party dependencies. ESMA will compile the findings into a final report for its Board of Supervisors in the second half of 2027.
The People's Bank of China said Deputy Governor Xuan Changneng met Crédit Agricole Group CEO Olivier Gavalda. Their discussion covered economic and financial conditions in China and globally, and the group's operations in China.
The European Central Bank said euro area financial stability risks remain elevated and urged national authorities to keep existing macroprudential safeguards in place. It called for capital buffers and borrower-based measures to be maintained, while allowing targeted recalibration if risk sources have changed and resilience is preserved. The statement also supports simplifying the prudential framework without weakening banks or financial stability.
Bank of Indonesia’s June 2026 Consumer Survey showed consumer confidence remained optimistic, with the Consumer Confidence Index at 117.8 and its current conditions and expectations components at 109.2 and 126.4, respectively, despite easing from the previous period.
The Hong Kong Insurance Authority has authorized HSH Captive Limited and SF Captive Limited, increasing the number of captive insurers domiciled in Hong Kong to nine. The authority's chief executive linked the move to Hong Kong's strategy of attracting local multinationals and Chinese Mainland enterprises to build its risk management and captive insurance market.
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan has warned that fraudsters are using impersonation, phishing, fake sales listings and sham investment offers to steal money and account data. It advises citizens not to share codes or card details, to verify websites and links, and not to transfer money under pressure. Victims should contact their bank and the police immediately.
The Bank of Korea published an issue note on asset tokenization that puts the global market at USD 50.37 billion at end-March 2026 and says Korea is still in an early stage. It calls for Korea to build liquidity and core market infrastructure first, develop a phased expansion plan for traditional financial assets, and strengthen macroprudential monitoring. The note also says settlement of tokenized assets should prioritize central bank money and commercial bank deposits, with stablecoins used only supplementally.
The Bank of Korea said its study of the 2025 People’s Livelihood Recovery Consumption Coupons found they increased GDP by an estimated 0.12% and added about KRW 2.8 trillion in sales at eligible merchants. Average monthly sales per eligible merchant rose 2.91% more than at ineligible merchants, while the survey-based marginal propensity to consume was 0.20 and higher for lower-income groups. Effects were strongest early in the program and were larger in non-metropolitan areas.
The Cyprus Securities and Exchange Commission said fourth quarter 2025 assets under management in Cyprus collective investments totaled EUR 11.2 billion, down 1.97% from the previous quarter, across 312 supervised entities. AIFMs managed most of those assets, while Cyprus-focused investment exceeded EUR 2.9 billion, equal to 26% of total assets under management. UCITS remained concentrated in transferable securities, while alternative funds were weighted toward private equity and real estate.
The Montenegro Capital Market Authority signed a cooperation memorandum with Luxembourg’s Commission de Surveillance du Secteur Financier. The agreement formalizes supervisory cooperation and was accompanied by discussions on capital market trends, Montenegro’s EU alignment process and further regulatory experience-sharing.
South Korea's Ministry of Economy and Finance said the won internationalization roadmap under preparation since February will be finalized and released later in July. The plan is aimed at shifting the won from a restricted currency to a freely convertible currency. Authorities also discussed safeguards against risks including higher foreign exchange market volatility and will develop detailed implementation steps after publication.
The South Korea Financial Supervisory Service said first quarter 2026 issuance of derivatives-linked securities and bonds rose 24.1% year on year to KRW19.6 trillion, while redemptions climbed to KRW20.6 trillion and pushed the outstanding balance down to KRW93.5 trillion at end-March. Derivatives-linked bonds accounted for most new issuance, and annualized returns on redeemed derivatives-linked securities increased to 6.8% while bond returns fell to 3.5%.
The South Korea Financial Services Commission finalized a roadmap that will require ESG disclosures in corporate business reports from 2028 for KOSPI-listed companies with at least KRW10 trillion in consolidated assets, expanding to KRW5 trillion in 2029 and potentially KRW2 trillion later. The package includes an initial safe harbor, mandatory third-party verification from 2030 and a three-year delay to scope 3 emissions reporting for each cohort. Authorities also plan legislative amendments and support measures to help companies prepare.
The Australian Prudential Regulation Authority is consulting on amendments to superannuation reporting standards to support migration from Direct to APRA to APRA Connect, including changes to SRS 533.0, SRS 610.2 and SRS 101.0 and the revocation of SRS 001.0. APRA said the migration will not change the data scope, format, grain or frequency of the collections. Responses are due by 21 August 2026.
The Australian Prudential Regulation Authority has clarified how Authorised Deposit-taking Institutions should report points of presence under ARS 796.0, focusing on co-located face-to-face service channels. Non-co-located channels should be reported separately, while co-located channels in the same geographic location should generally be reported as a single point of presence. Institutions are expected to review and adjust current reporting practices accordingly.
The Isle of Man Financial Services Authority, with the Jersey and Guernsey regulators, has agreed principles for a coordinated APP fraud framework focused initially on retail customers and sterling payments through Faster Payments and CHAPS. The work will cover prevention, controls and reimbursement, although key details such as claim scope, caps and customer responsibility remain to be settled. Industry and stakeholder engagement will now shape the detailed framework, with an outreach session planned for September 2026.
At a Fasecolda conference, the Financial Superintendence of Colombia outlined its existing regulatory agenda for integrating ESG and climate factors into the financial and insurance system, centered on External Circular 015 of 2025. The framework requires supervised entities, including insurers, to embed these factors in risk management, with six months to submit implementation plans and 18 months to carry them out. The supervisor said it will support the rollout through work plans, supervision and review of reported information.
The Dominican Republic Pensions Superintendency used a policy commentary to outline three pension reform priorities, led by a proposal to cut the contribution requirement for the guaranteed minimum pension from 25 years to 15 years for 20 years through the Solidarity Fund. It said fewer than 20% of affiliates are projected to meet the current threshold by 2050, while only 12% of affiliates over 60 between 2030 and 2040 would qualify for a lifelong pension. SIPEN also backed more flexible supplementary saving and a gradual increase in retirement saving within a multipillar model.
Dominican Republic's Pensions Superintendency used a keynote at APEC University to review progress in the pension system under Francisco A. Torres and to present actuarial study results linked to a future update to Law 87-01. The discussion centered on management, regulation and public trust, with Torres saying work would continue on a model aimed at rebuilding confidence and protecting workers.
The Pensions Superintendency reported that the complementary pension plan for career prosecutors has entered into force. It applies to prosecutors older than 60 with more than 25 years of public service and also covers some who had already started lifetime annuity or early pension processes. The plan is funded through contributions from prosecutors and the Attorney General's Office.
The Central Reserve Bank of El Salvador said the financial system remained stable in the first five months of 2026, with continued loan growth and deposits rising strongly. Credit reached USD 21.626 billion, up 8.1% year on year, while deposits rose 14.9% to USD 24.632 billion. Asset quality and capital metrics remained above prudential and legal minimums, with a 1.6% nonperforming loan ratio and a 15.1% solvency ratio.
The Superintendency of Banks of the Dominican Republic and the Alliance for Financial Inclusion held a three-day peer exchange on behavioral economics in Santo Domingo. Regulators and experts discussed how behavioral tools can support financial consumer protection, supervision and evidence-based policymaking. Participants came from Armenia, Kazakhstan, Honduras and the Dominican Republic.
The Argentina Securities Commission has expanded the exemptions from its "Restricted Subject" definition to include the National Treasury and certain financial-sector subsidiaries of regulated financial institutions. It also requires agents to check per-security trading volume caps before executing transactions for a Restricted Subject. The new volume limits do not apply to securities already held before the resolution took effect, although other conditions still apply.
Hong Kong's Financial Services and the Treasury Bureau welcomed the Insurance Authority's authorization of two new captive insurers set up by The Hongkong and Shanghai Hotels, Limited and SF Holding Co Ltd, taking the city's total to nine. The bureau said recent growth has been supported by a 50 per cent profits tax reduction for captive insurance business and regulatory facilitation including simplified capital requirements and selected exemptions. The Government and the Insurance Authority plan further outreach to potential captive owners in Hong Kong, Mainland and overseas.
The Guernsey Financial Services Commission has asked regulated firms to review technology risk management as AI tools make vulnerability discovery faster and more scalable. It highlighted patching, vulnerability management and third-party oversight, and said firms should treat technology risk as an evolving exposure. Boards and senior management should be made aware of the letter.
The Guernsey Financial Services Commission and its counterparts in Jersey and the Isle of Man have proposed a common framework to encourage banks across the Crown Dependencies to handle authorised push payment fraud consistently.
The Central Bank of Uruguay said its Annual Economics Conference will be held from July 27 to July 30, extending the event by two days and expanding the program. Featured speakers include Martin Rama, Laura Alfaro and Central Bank of Uruguay President Guillermo Tolosa. The event will also again include the central bank's Winter School for undergraduate and postgraduate economics students.
In remarks published by the Financial Stability Board, its Deputy Secretary General called for a debate on what should follow the G20 cross-border payments roadmap after 2027. The speech said progress has been constrained by fragmented markets, weak coordination and incomplete technical implementation, while stablecoins still account for only a very small share of cross-border flows. It pointed to options including continued friction-removal, corridor or regional operational plans, and hybrid technology models.
The Portuguese Insurance Regulator has launched a phased review of standard contract terms used in motor, multi-risk and health insurance sold in Portugal. The exercise covers all general and special conditions, including non-compulsory coverages, and is testing compliance with the legal regime for standard contractual clauses. The review is due to run until the end of 2028, with 76 contractual wordings currently under analysis.
The Portuguese Insurance Regulator published remarks by board member Carla Sá Pereira for a Bank of Cape Verde conference on insurance, climate change risk management, innovation and development.
The Reserve Bank of Australia said the Account-to-Account Payments Roundtable has published a long-term vision for Australia’s account-to-account payments system after consultation with industry and end-users. The vision is built around five outcomes for users, including safety, reliability and affordability, and six system characteristics such as security, resilience and standardisation. The next step is a roadmap covering deliverables, timelines and governance.
The Bermuda Ministry of Finance has issued draft beneficial ownership regulations and revised guidance to support implementation of the Beneficial Ownership Act 2025. The package gives registered entities more detail on filing, verification, updates and scope, with further amendments still expected. Enforcement has been deferred until 31 August 2026.
The Bank of Korea's preliminary balance of payments data for May 2026 showed a current account surplus of USD 38.61 billion, led by a USD 37.86 billion goods surplus. Exports rose 62.9% year on year to USD 94.34 billion and imports increased 22.2% to USD 56.48 billion. In the financial account, net assets increased by USD 31.08 billion, mainly because of portfolio investment flows.
The British Columbia Securities Commission settled a fraud case with David Lawrence Pazurik, who admitted raising investor money for a purported promotional merchandise business and using most of it for unrelated personal purposes. He agreed to pay CAD 107,176 in disgorgement and CAD 200,000 to settle the matter, and accepted permanent bans from key roles and most participation in British Columbia's investment market.
The British Columbia Financial Services Authority fined submortgage broker Alan James Fetterly CAD 20,000 and imposed CAD 8,370.38 in investigative costs for failing to provide complete and timely disclosures in three mortgage applications. One case omitted a relationship with a co-lender and beneficial ownership information, while two others involved forms delivered only after funding. No borrower or lender suffered financial loss.
The Central Bank of Barbados warned of fraudulent WhatsApp calls using its logo and falsely claiming links to the Bank and BiMPay, with reports that the calls came from numbers with a Pakistani country code. It said it does not make unsolicited calls about BiMPay and urged the public not to share passwords, PINs or security codes. People who already shared information should secure their accounts and contact the Bank through verified channels.
The National Banking and Insurance Commission of Honduras has approved SIGER, a new complaints management system for supervised institutions. The platform will go live on 1 August 2026 and is designed to simplify, integrate, automate and track complaint case handling. External users must register and obtain authorization on first access.
The Moroccan Capital Markets Authority said the Coordination and Systemic Risk Monitoring Committee approved the 2025 Financial Stability Report and found Morocco’s financial system remains resilient with comfortable prudential margins. The committee pointed to solid bank capital and liquidity, resilient financial market infrastructures and stronger insurance sector solvency, while also noting continued pension sector imbalances and equity market consolidation in early 2026. Bank Al-Maghrib, the Moroccan Capital Markets Authority and ACAPS also signed an updated data sharing agreement.
The Croatian Financial Services Supervisory Agency released the public-interest decisions from its 72nd board meeting, adopting a broad set of pension, AIF and UCITS rule changes and requiring reporting of over-the-counter debt instrument transactions. It also ordered Mezzanine Partners to strengthen source-of-funds AML controls within 60 days, confirmed Bitblock had remedied earlier deficiencies, and approved three UniCredit Invest funds alongside several licensing decisions.
The Montenegro Capital Market Authority has issued draft rules on how breaches of the Capital Market Law should be reported and opened a public consultation. Comments can be submitted within 14 days from publication, after which the authority will finalize the rules.
The Central Reserve Bank of Peru reported annual inflation of 4.0 percent in June 2026, while inflation excluding food and energy reached 4.5 percent. Stripping out transport, that measure was only 1.6 percent, with transport inflation at 18.3 percent due to earlier fuel price increases. The seasonally adjusted three-month annualized rate for core inflation excluding transport edged up to 1.7 percent from 1.5 percent.
The Central Bank of Nicaragua said its Banking and Financial System indicators for May 2026 showed continued strength in liquidity, solvency and profitability, with public deposits up 15.4 percent and lending up 11.0 percent year over year. Asset quality remained stable, with a 1.4 percent past-due loan ratio and 95.7 percent of loans classified as performing. Liquidity stood at 34.2 percent and capital adequacy at 19.2 percent.
CONDUSEF reported 5,324 complaints in Chihuahua in January to May 2026, up 8.9% from a year earlier, with concluded cases recovering MXN 30.4 million for users. Multiple banking accounted for nearly two-thirds of complaints, and almost 30% of all cases were tied to possible fraud. Most complaints were handled through Electronic Management.
The Brazil Securities Commission approved a five year cooperation agreement with ANBIMA for the ongoing maintenance and improvement of Sistema SRE, the public offering registration system. Priorities include completing pending items from the 2024 amendment and starting an operational transition plan alongside the Guarantee phase. The agreement may be extended through an addendum.
The Central Bank of Costa Rica released its latest private construction survey, showing 7.7 percent year-over-year growth in the second quarter of 2026, with momentum strengthening from April to June. Residential construction rose 36.3 percent, while non-residential construction fell 11.6 percent and complementary works declined by nearly 20.0 percent. The data are now available through a new Power BI platform that also incorporates construction registry information from the Costa Rican Federation of Engineers and Architects.