India, Indonesia, Bangladesh, Argentina, Turkey, Tanzania, Namibia regulators issue AML, reporting and market rules

The National Securities Commission (CNV) updates the public offering regimes for fiduciary negotiable securities with automatic authorization, eliminating the Low Impact and Medium Impact regimes and consolidating the framework around the Expanded Medium Impact regime and the Frequent Issuance Regime. Likewise, it establishes that issuances meeting the requirements of an automatic regime must be processed mandatory under said regime, simplifies and replaces various sections of the NORMS (N.T. 2013 and mod.) relating to financial trustees, prospectuses, trust agreements, and labor cessation trusts, and incorporates a transitional provision that revokes authorization procedures initiated previously. The resolution affects financial trustees, trustors, placement agents, and authorized markets, and seeks to streamline access to the capital market by reducing authorization times without waiving the CNV's supervisory powers.

Bangladesh Bank's Foreign Exchange Policy Department-1 modifies the import declaration requirement for intercompany transactions, allowing importers dealing with parent companies, approved foreign subsidiaries, or legitimate branch offices abroad to declare arm's length pricing and compliance with transfer pricing and AML/CFT standards instead of declaring no connection to the exporter. Authorized Dealers must obtain this declaration and verify the legitimacy of the relationship before initiating transactions, and the same rules apply mutatis mutandis to export transactions.

Bangladesh Bank's Foreign Exchange Policy Department-1 allows Authorized Dealers to process remittances abroad for overseas tour packages arranged by locally licensed tour operators, subject to conditions on eligibility, documentation, annual limits, monitoring, and reporting. The circular amends instructions for outbound tour packages previously issued under Part-J of FEPD-1 Circular No. 08/2026.

The International Financial Services Centres Authority (IFSCA) amends its 2022 Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer Guidelines. The modifications expand reporting obligations to include Cross Border Wire Transfer Reports (CBWTRs), require all reports to be filed online through the FINgate 2.0 portal, and revise the list of permitted jurisdictions for IP addresses and V-CIP onboarding of Non-Resident Indian customers. The changes affect all regulated entities operating in International Financial Services Centres.

The International Financial Services Centres Authority specifies an additional certification course, "Regulatory Framework for Capital Markets Intermediaries and Listing Requirements of IFSCA" offered by The Institute of Chartered Accountants of India, for KMPs and other employees of Capital Market Intermediaries in IFSCs. Successful completion of either this course or the course specified in the April 02, 2026 circular satisfies the certification requirement under sub-regulation (5) of regulation 9 of the CMI Regulations. The circular takes effect immediately and leaves all other provisions of the earlier circular unchanged.

This OJK Board of Commissioners Member Regulation establishes guidelines for incidental reporting through the Financial Services Authority Reporting System for Reporters in the capital market, derivative finance, and carbon exchange sectors. This regulation contains general guidelines for submitting reports, a list of incidental reports along with the basis of provisions and time limits, as well as the format and procedures for report preparation. This regulation comes into force starting October 1, 2026, and is intended for securities institutions, securities companies, supporting institutions, supporting professions, board of directors and/or board of commissioners, as well as other parties required to submit incidental reports to the OJK.

The Bank of Namibia issues Determination BID-18 under the Banking Institutions Act, 2023, requiring banking institutions, microfinance banking institutions and controlling companies to make public disclosures consistent with Basel III Pillar III. It sets minimum disclosure requirements covering financial performance and position, risk exposures, corporate governance, remuneration, substantial shareholding, asset encumbrance and consolidated group structure, with prescribed frequency, format and templates. The Determination repeals the 2009 public disclosure determination and takes effect on the date of publication in the Government Gazette.

The Bank of Tanzania notifies the public that the Foreign Exchange (Amendment) Regulations, 2026, issued under the Foreign Exchange Act, Cap. 271 through Government Notice No. 206 of 2026, permit all non-resident investors to invest in Treasury bills and bonds issued by the Government of the United Republic of Tanzania. Previously, participation in the Government securities market was limited to residents of the EAC, SADC, and the Tanzanian diaspora. The reform aims to broaden access to the Government securities market and deepen domestic financial markets.

The Capital Markets Board of Turkey (SPK) published its weekly bulletin no. 2026/49 dated 5 August 2026, covering approvals of prospectuses and issue certificates for IPOs and debt instruments, new activity authorizations for funds and investment institutions, administrative fines and criminal complaints, and other application results. It includes an administrative fine against Zeray Gayrimenkul Yatırım Ortaklığı AŞ for failing to make a special situation disclosure, criminal complaints for unauthorized capital markets activities, and blocking of access to websites conducting unauthorized crypto asset and forex activities.