Week of
Angola, Mexico, Turkey and Namibia saw regulators publish rules on investment fund reporting, payment systems and banking supervision. Angola's Capital Market Commission issued two directives amending reporting for collective investment undertakings and their management companies, moving certain reports to a new Integrated API Reporting System while keeping the CUMULUS platform for others and setting deadlines, formats and contents. Banco de México accounted for three circulars: amendments to the BREMS and government securities auction rules to add secondary-market purchase procedures, an increase in demand deposit account operation levels from four to five, and standardized user experience specifications for mobile electronic funds transfers under the SPEI. Turkey's Capital Markets Board published a bulletin announcing a six-month trading ban on three individuals in the shares of one company over suspected market manipulation or fraud. The Bank of Namibia issued two determinations, one setting binding information security and cyber risk requirements for banking and microfinance banking institutions and repealing the 2017 determination, the other establishing a countercyclical capital buffer framework for domestically systemically important banking institutions with a zero rate on entry into force and a range up to 2.5 percent. Mexico carries the most records, while Angola and Namibia each address reporting and prudential frameworks.
Angola
Provision of Information on Collective Investment Undertakings
The Capital Market Commission (CMC) of Angola amends the periodic reporting regime for Collective Investment Undertakings (CIUs), determining that certain reports shall now be submitted through the new Integrated API Reporting System (SIRA), while maintaining the CUMULUS platform for other reports. The Instruction establishes specific deadlines, formats, and contents for each type of information, including monthly, semi-annual, and annual data, and repeals Instruction no. 05/CMC/12-25.
DirectiveTranslated to EnglishPortugueseReporting requirementsAnti-money launderingProvision of Information by Management Companies of Collective Investment Undertakings
The Capital Market Commission (CMC) of Angola amends the information reporting rules for Management Companies of Collective Investment Undertakings (SGOIC), determining that monthly trial balances must be submitted through the new Integrated API Reporting System (SIRA), while maintaining the CUMULUS platform for remaining reports. The Instruction establishes deadlines, formats, and specific contents for semi-annual and annual reports, corporate governance reports, information on management techniques and derivatives, loans and repos, and resolutions of unitholder meetings. It revokes Instruction No. 07/CMC/12-22 and enters into force on July 1, 2026.
DirectiveTranslated to EnglishPortugueseReporting requirementsCorporate governance
Mexico
Circular 8/2026 addressed to credit institutions, brokerage houses, investment funds, and specialized investment companies for retirement funds, regarding Amendments to Circular 6/2012 (BREMS Auctions and Government Securities conducted by Banco de México)
Banco de México amends Circular 6/2012 containing the Rules for the auctions of Monetary Regulation Bonds (BREMS) and government securities, in order to establish an auction procedure for the purchase in the secondary market of such securities as an additional monetary policy tool. The Circular reforms definitions, articles, and annexes, incorporates new provisions regarding bidders, auction types, submission of bids, settlement and default, and establishes the obligation to enter into a contract with Banco de México in order to participate. It affects credit institutions, brokerage houses, investment funds, and specialized investment companies for retirement funds.
CircularTranslated to EnglishSpanishInterest ratesPaymentsCircular 11/2026 addressed to credit institutions, regulated multiple-purpose financial companies that maintain equity ties with credit institutions, and the National Financial Institution for Agricultural, Rural, Forestry, and Fisheries Development, regarding amendments to Circular 3/2012 (Operation levels of demand deposit accounts)
The Bank of Mexico amends Circular 3/2012 to increase the operation levels of demand deposit accounts in national currency from four to five, creating level 2 Bis, in order to promote the use of digital payment methods and expand alternatives for financial system users. The amendments adjust articles 4, 5, 8, 14, 15, 17, 17 Ter, 24 Bis, and 76, and repeal the third paragraph of article 14. The circular enters into force on the banking business day following its publication in the Official Gazette of the Federation.
CircularTranslated to EnglishSpanishPaymentsConsumer protectionCircular 9/2026 addressed to participants of the Interbank Electronic Payment System and other parties interested in acting in such capacity, regarding Amendments to Circular 14/2017 (Standardization of user experience in electronic funds transfers through mobile devices)
The Bank of Mexico amends the Rules of the Interbank Electronic Payment System (SPEI) contained in Circular 14/2017 to incorporate standardized user experience specifications in electronic funds transfers carried out through mobile devices. The definition of "Guides" is added and SPEI participants are required to comply with said Guides in the processing of transfer orders, transfer instructions, payment requests, and SPEI transfer services. Participants and indirect participants will have until December 14, 2026 to comply.
CircularTranslated to EnglishSpanishPaymentsConsumer protection
Namibia
Determination on Information Security (BID-30)
The Bank of Namibia issues the Determination on Information Security (BID-30) under section 108(3)(b) of the Banking Institutions Act, 2023, establishing binding requirements for banking institutions and microfinance banking institutions to govern, identify, protect, detect, respond to and recover from information security and cyber risks. It imposes board and executive management responsibilities, framework and policy requirements, asset management, data protection, threat and vulnerability detection, incident response and recovery, and mandatory incident reporting to the Bank. The Determination repeals the 2017 Information Security Determination and takes effect six months after publication.
RegulationPublished in EnglishEnglishCybersecurityData protectionDetermination on the Countercyclical Capital Buffer: Banking Institutions Act, 2023 (Act No. 13 of 2023)
The Governor of the Bank of Namibia issues Determination BID-40 establishing a countercyclical capital buffer (CCyB) framework for banking institutions designated as Domestic Systemically Important Banking institutions (DSIBs). The Determination sets the CCyB rate at zero on entry into force, permits a range of 0 to 2.5 percent, requires the buffer to be met with Common Equity Tier 1 capital, and imposes quarterly reporting and board oversight obligations.
RegulationPublished in EnglishEnglishCapital requirementsReporting requirements
Türkiye
Capital Markets Board Bulletin 2026/40
The Capital Markets Board of Turkey (SPK) bulletin announces a temporary trading ban on three individuals in the shares of Barem Ambalaj Sanayi ve Ticaret AŞ (BARMA) due to reasonable suspicion of market manipulation or fraud under Articles 104/107 of the Capital Markets Law No. 6362. The ban applies for six months starting from trading on 19 June 2026, based on Article 101/1 of Law No. 6362 and Communiqué No. V-101.1 on measures in insider trading and market fraud investigations. The bulletin also notes that special situation disclosures of non-listed companies are available on the SPK website.
OtherTranslated to EnglishTurkish
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