Kazakhstan, Taiwan, US and FATF updates lead week's regulatory publications

COSOB clarifies the calculation method for the risk-spreading ratio that venture capital companies must comply with pursuant to Article 17 of Law No. 06-11 on venture capital companies. The position defines the concepts of capital and reserves, the composition of the net accounting position, and the adjustments to be made in order to control the concentration risks of the investment portfolio and guarantee the financial soundness of venture capital companies.

COSOB reminds stock exchange intermediaries (IOBs) of the need to strengthen the skills of their personnel in Islamic finance, particularly regarding sovereign Ijara Sukuk. This notice invites IOBs to consult the complete document for more details.

The National Securities Commission (CNV) provides for the application of the Participatory Rulemaking Procedure of Decree No. 1172/2003 to receive opinions and proposals from the public on a draft amendment to the RULES (2013 Rev. and am.) regarding financial trusts (Chapter IV of Title V and Chapter IV of Title VI). Annex I contains the projected text, which replaces articles on public offering documentation, description of the trust assets, submission of financial statements, direct and indirect investment funds, automatic authorization for expanded medium impact, and exchange or in-kind integration of trust securities with private instruments. The rule seeks greater predictability and transparency for capital market participants and the investing public.

The National Securities Commission completely replaces Chapter I of Title XVII of the RULES (N.T. 2013 and mod.) to regulate the inspection and control fees and authorization tariffs charged by the agency, pursuant to the modifications introduced by MECON Resolution No. 1901/2026. A fee is incorporated for Financial Trustees acting as EH FAL (0.025% of net worth), differential treatment for Sustainable FCICs and FCIAs with ESG impact is eliminated, authorization tariffs for Corporate Bonds (ON), Financial Trusts (FF), CEDEARs, CEVAs, and EFs are adjusted, and the collection of the suitability exam submission fee is temporarily suspended. It affects issuers, agents, markets, clearing houses, financial trustees, and managers and custodians of mutual investment funds.

The National Securities Commission modifies the RULES (R.E. 2013 and mod.) to expand the investment alternatives of Open-End Mutual Funds (FCIA), allowing them to invest up to 20% of their net assets in shares of Closed-End Credit Mutual Funds (FCICC) with an AA rating and up to 25% in shares of FCIA ETFs managed by another Management Company. Additionally, it incorporates definitions, sets diversification limits, and establishes guidelines on fees and their disclosure to unitholders, in order to deepen the capital market and protect the investing public.

The Board of the Central Bank of Armenia set the policy rate at 7.0%, the Lombard repo facility rate at 8.5%, and the deposit facility rate at 5.5%, and approved the Executive Monetary Policy Statement. The resolution takes effect the day after its publication on the Central Bank's website and applies to the Bank's monetary policy operations and counterparties.

The Reserve Bank of Australia's Monetary Policy Board decided by majority to raise the cash rate target by 25 basis points to 4.85 per cent, citing elevated and broadly based inflation, revised-upward inflation forecasts, and upside risks to inflation expectations. The Board noted tightening financial conditions, a slowing economy, falling housing prices and rising unemployment, and stated it will remain data-driven in pursuing its price stability and full employment mandate.

The Reserve Bank of Australia has designated Prosegur Australia Pty Ltd, a wholly owned subsidiary of Linfox Armaguard Pty Limited, under the Cash Distribution Framework Act 2026. The designation makes Prosegur Australia a regulated entity subject to the obligations and requirements of the Cash Distribution Framework, which is intended to support a sustainable, resilient and efficient cash distribution system in Australia. The designation follows consultation with the ACCC as required by subsection 16(1) of the Act and with Prosegur Australia.

Bangladesh Bank's Foreign Exchange Investment Department sets out instructions for authorized dealer banks on the issuance, conversion and redemption of preference shares held by non-resident investors, and on repatriation of dividends and redemption proceeds. It establishes reporting, documentation, approval and record-keeping obligations, including a 5% dividend-rate threshold above which prior Bangladesh Bank approval is required. The circular applies to all Authorized Dealers in foreign exchange in Bangladesh and is issued under Section 20(3) of the Foreign Exchange Regulation Act, 1947, effective immediately.

The anti-money laundering, combatting the financing of terrorism and combatting proliferation financing Group of Supervisors (GOS) in Belize issued a public advisory in October 2026 on the Financial Action Task Force Public Statement dated 30 October 2026. The advisory informs the public and supervised entities about the FATF's identified jurisdictions and related risks.

The Central Bank of Bolivia notifies financial intermediation entities of version 2 of two manuals: one on the selection of Bolivian banknotes (ME-002) and one on the classification and preparation of US dollar banknote packages for deposit at the BCB (ME-001), both approved by the General Management. All financial intermediation entities must apply these manuals, which are available on the BCB website.

BCB Normative Instruction No. 786 amends accounting headings of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif), modifying the Annexes of BCB Normative Instructions Nos. 426, 428, 430, 431, and 433, all dated December 1, 2023. The amendments cover provision accounts for losses in commodity and financial asset operations, limits and funds raised from municipalities by cooperatives, related-party transactions, rural credit operations renegotiated under Provisional Measure No. 1,376 of 2026, and additional contributions to the Credit Guarantee Fund (FGC). The standard applies to accounting documents prepared from the base dates of November 2026 and January 2027, according to the provision.

This regulation (adopted by Council of Ministers Decree No. 29 of 18.02.2005, as amended) governs the establishment, composition, mandate, functioning and functions of the supervisory boards (попечителски съвети) of mandatory supplementary pension insurance funds and payment funds, and the advisory boards (консултативни съвети) of voluntary supplementary pension insurance funds. It sets rules on member eligibility, early termination of mandates, board meetings and decision-making, access to documentation, conflict-of-interest declarations, and reporting to the Financial Supervision Commission. The latest amendments (DV No. 100 of 03.11.2026, in force 01.01.2027) revise board composition and procedures and repeal the administrative-penalty chapter.

The Government of Canada and the Bank of Canada announce the renewal of the Bank's monetary policy framework for another five-year period ending December 31, 2031. The 2% inflation target, the midpoint of a 1% to 3% control range measured by the 12-month change in the consumer price index, is reaffirmed, with monetary policy to continue to be conducted symmetrically. The statement reviews lessons from the recent high-inflation episode and reiterates that price stability remains the best contribution monetary policy can make to Canadians' economic and financial well-being.

The Financial Market Commission amends item 4.3 of Section VI of Circular No. 1 of Payment Card Operating Companies to implement the extension of the registration deadline in the Payment Card Operators Registry ordered by the Central Bank of Chile. Milestones with deadlines are established to submit the background information for authorization of existence, the report of the operational testing plan, and the background information for authorization of operations, and consequences for non-compliance are set.

The Financial Market Commission modifies General Character Rule No. 571 to require securities intermediaries and product stockbrokers to periodically submit information on business volume and number of clients, in order to determine their classification into block categories 1, 2, or 3. The rule incorporates a new letter F in section XI of Chapter 3 and adds two annexes with general instructions for submitting information and the regulatory file IVCBP01, with monthly periodicity. The instructions come into effect starting January 1, 2027.

This document reports the decisions taken by the Management Board of the Croatian Financial Services Supervisory Agency (Hanfa) at its 80th session on 3 November 2026. The Board adopted decisions on the intention to comply with several EIOPA guidelines on insurance supervision, granted approval for a management board member of GENERALI OSIGURANJE d.d., issued insurance distribution licences to several agents and brokers, and revoked the insurance distribution licences of numerous insurance brokerage and agency companies and sole traders, removing them from Hanfa's registers.

The Central Bank of Cyprus, acting as the Designated Authority under the Macroprudential Oversight of Institutions Law of 2015, has decided to introduce a Systemic Risk Buffer (SyRB) of 1% applicable to all exposures of all authorised credit institutions in the Republic of Cyprus. The buffer takes effect from 31 December 2026 and is a macroprudential measure aimed at strengthening the resilience of the Cypriot banking sector to systemic risks.

The Czech National Bank announces the interest rates applicable to client accounts maintained at the CNB, covering the state treasury aggregate accounts in CZK, EUR and USD, accounts of foreign central banks and financial institutions including the BIS, accounts of international institutions, and credit and technical debit balances. The notice replaces the previous notice of 17 September 2026 and applies from 6 November 2026.

The Bank Board of the Czech National Bank approved an increase in its key interest rates with effect from 6 November 2026: the two-week repo rate rises to 4.00%, the discount rate to 3.00%, and the Lombard rate to 5.00%. The notice sets out the new monetary policy rates that apply to the CNB's operations with counterparties and serve as the reference rates for the financial market.

Finanstilsynet has published a questions & answers document on how the confidentiality rules in section 117 of the Danish Financial Business Act interact with name verification (Verification of Payee, VoP) in credit transfers. Finanstilsynet assesses that banks may introduce VoP in accordance with section 117, both where VoP is required under the EU SEPA Regulation for euro payments (to be implemented by 9 July 2027) and where it is voluntary. The Q&A expresses Finanstilsynet's interpretation of the rules and does not change institutions' obligations.

The Financial Supervisory Authority announces a new question-and-answer page clarifying how companies should interpret the concept of remuneration (vederlag) in the definition of credit intermediaries, ahead of the registration requirement taking effect on 20 November 2026. The page explains that remuneration can include indirect financial benefits such as reduced fees, access to a customer base, marketing or exposure, and that the assessment must be made concretely based on the cooperation agreement, the customer journey and the economic context. It is particularly relevant for companies that help consumers find or take out credit without receiving direct payment, fees or commission from the lender.

The Danish Financial Supervisory Authority and the Consumer Ombudsman have published a joint statement on new rules for creditworthiness assessment, which implement Article 18 of the 2023 Consumer Credit Directive into Section 7c of the Credit Agreements Act and enter into force on November 20, 2026. The new rules clarify the regulation of the mandatory creditworthiness assessment and partially maintain the current legal status, while the current guidelines on creditworthiness assessment are repealed. The statement is relevant to creditors who must adapt their creditworthiness assessment processes to the new rules.

The Financial and Monetary Policy and Regulation Board repeals prior regulations on credit, debit, and payment cards and issues a new Title V regulating the operation of payment cards in Ecuador, including issuance, financial and non-financial acquiring, payment aggregators, authentication, risk management, user protection, and supervision. The rule applies to issuers, acquirers, affiliated establishments, cardholders, payment aggregators, and other participants of the Auxiliary Payment System, and seeks to consolidate the regulatory framework, promote interoperability, competition, and financial inclusion.

The Central Bank of Egypt issues rules governing banking agents (branchless banking), setting the regulatory framework under which banks may contract agents to deliver banking services on their behalf. The rules define permitted activities, eligible entity types, minimum requirements for agents and banks, the prior-approval process at the Central Bank, quarterly reporting, and mandatory contract terms. They aim to advance financial inclusion by extending banking products and services beyond the traditional branch network at reasonable cost.

This circular sets out the issuing authority's administrative practice on takeover law. The document text provided contains only the title, date and a link to the PDF version, so the substantive content of the circular is not available for extraction.

BaFin imposed an administrative fine of €225,000 on FCR Immobilien Aktiengesellschaft for failing to publish the total number of voting rights held by shareholders within the prescribed period in February 2021, in breach of the German Securities Trading Act (WpHG). The case illustrates the disclosure obligations on German-domiciled issuers whose securities trade on an organised market in Germany.

BaFin imposed administrative fines totalling €200,000 on CM Center Management GmbH for failing to submit voting rights notifications within the prescribed period in two cases in September 2021, in breach of obligations under the German Securities Trading Act (WpHG). The Frankfurt am Main Local Court subsequently reduced the fines to €140,000 in its ruling of 14 October 2026. The case illustrates BaFin's enforcement of capital-market transparency rules requiring shareholders to notify the issuer and BaFin when voting rights thresholds are reached, exceeded or fallen below.

EIOPA published an updated version of the Risk-Free Rate Technical Documentation for calculating RFR term structures, applicable from 30 January 2027. The update incorporates the 2026 depth, liquidity and transparency assessment, the 2026 update of representative portfolios including newly introduced frozen cash flows, the applicable euro percentage for the residual volume criterion, and a strengthened criterion for assessing currency relevance, which removes the Colombian peso, Hong Kong dollar and New Taiwan dollar from the list of relevant currencies. Recommended parameters are now shared via separate Excel files.

The Hong Kong Monetary Authority shares the release of the Post-Quantum Cryptography (PQC) Toolkit, jointly developed with The Hong Kong University of Science and Technology, to help Authorized Institutions prepare for the transition to quantum-resistant cryptography. The Toolkit provides a structured framework and reference manual covering 23 workstreams, plus practical tools for planning, and the HKMA expects AIs to use it when developing and reviewing their PQC transition plans with the aim of sector-wide readiness by 2030.

The Central Bank of Iceland's Financial Supervision updates its list of countries considered high-risk and non-cooperative for anti-money-laundering and counter-terrorist-financing purposes, pursuant to Article 6 of Act No. 140/2018. The list combines countries designated by the FATF and high-risk third countries designated by the European Union under Regulation No. 1221/2025 amending Regulation No. 105/2020. This update reflects changes to the FATF list, with Bulgaria removed from the list.

The Financial Supervisory Authority of the Central Bank of Iceland publishes the results of investigations initiated in December 2025 regarding the procedures and supervision of three pension funds concerning overpayments and early repayments of housing loans, with regard to the requirements of laws and regulations on anti-money laundering and counter-terrorist financing. The investigations covered the State Employees' Pension Fund, Gildi Pension Fund, and the Commercial Workers' Pension Fund, and their results were finalized in August 2026. The document is a transparency notice publishing the results of the supervision.

The Ministry of Corporate Affairs amends the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024, replacing 'shares' with 'instruments', defining 'equity instruments' to include equity shares, convertible debentures and preference shares, extending the rules to unlisted public companies in IFSC jurisdictions, relaxing eligibility conditions for negative net worth companies and defaulting companies, and substituting Form LEAP-1 for prospectus submission with the Registrar.

The International Financial Services Centres Authority specifies reporting norms for TechFin and ancillary service providers, Global In-House Centres, and book-keeping, accounting, taxation and financial crime compliance service providers in IFSCs. The circular sets out eight reports, certificates and disclosures with their respective due dates, and requires submission by email to the Authority. It applies to regulated entities under the relevant IFSCA regulations and takes effect immediately.

The Central Bank of Iraq's Non-Banking Financial Institutions Supervision Department notifies the Ministry of Trade's Companies Registration Department that it has revoked the licenses of three companies: Al-Kuwait for Mediation in Buying and Selling Foreign Currencies and Al-Tut for Mediation in Buying and Selling Foreign Currencies (for violating the 2022 controls on exchange and mediation companies, under Board decisions 179 and 178 of 2026), and Al-Batik for Financial Investment (for failing to meet licensing requirements, under Board decision 176 of 2026). Any amounts owed by the companies are to be deducted from their deposited guarantee or letter of guarantee.

The Isle of Man Financial Services Authority draws attention to amendments made by the Cabinet Office to the AML/CFT Country Lists following the October 2026 FATF Plenary. Bulgaria, Côte d'Ivoire, the Democratic Republic of the Congo and Monaco were removed from List B(i), Côte d'Ivoire was removed from List B(ii), and Bulgaria, Côte d'Ivoire and Monaco were added to Lists C and D. Regulated and supervised entities are expected to have assessed the impact on their risk assessments and customer procedures.

The Isle of Man Financial Services Authority notifies licenceholders that the Isle of Man Treasury, Customs and Immigration Division has published new and updated information on the Russia sanctions regime. The notice points recipients to the updated sanctions lists and extant sanctions notices, and encourages licenceholders to subscribe to UK Treasury sanctions alerts where they lack notification processes.

The Jersey Financial Services Commission has updated its AML/CFT/CPF Handbook to reflect changes to the reliance and Money Laundering Compliance Officer (MLCO) regime, Appendix C written assurance template, Code of Practice 65 on sanctions notices, and the glossary definition of 'DBS check of equivalent'. Appendices D1 and D2 were also updated in response to the FATF statements of 30 October 2026, meaning countries and territories listed under Sources 1 and 2 of Appendix D2 must be treated as not compliant with FATF Recommendations for the purpose of Article 17A of the Money Laundering Order. Supervised persons must review their policies, procedures and customer relationships in light of these changes.

The Agency's resolution establishes cases in which one person, independently or jointly with other persons, is able to determine the decisions of a credit rating agency on the basis of an agreement (supporting documents) or otherwise. The document relates to the banking sector and affects credit rating agencies and related persons.

The Astana Financial Services Authority announces a class modification of Rule 8.2(a) of the AIFC Collective Investment Scheme Rules, allowing Domestic Fund Managers of Non-Exempt Funds (other than Real Estate Investment Trusts) to operate until 31 July 2027 without appointing a separate Fund Administrator, during which the Fund Manager may perform the Fund Administration function. From 1 August 2027, the Fund Manager and Fund Administrator functions must be carried out separately, and AFSA states it will not grant further waivers or extend the arrangement. The measure replaces AFSA's prior case-by-case relief approach and affects Domestic Fund Managers of Non-Exempt Funds in the AIFC.

The resolution amends several previously adopted regulatory acts on the regulation of insurance activities: rules for issuing loans to policyholders and calculating the surrender value in endowment insurance, requirements for disclosing information on insurance products and training insurance agents, requirements for the content and formatting of insurance policies, as well as rules for the activities of the single accumulated pension fund. The document affects insurance (reinsurance) organizations, their non-resident branches, insurance agents, and accumulated pension funds. The resolution comes into effect after ten calendar days following the day of its first official publication.

The Capital Markets Authority of Kuwait reminds all licensed persons of Article (3-38) of Book Sixteen (Anti-Money Laundering and Combating the Financing of Terrorism) of the Executive Regulations of Law No. 7 of 2010, which requires them to exercise due diligence in business relationships and transactions with clients or financial institutions from countries that do not apply or insufficiently apply FATF recommendations. Following FATF's October 2026 update of its list of such jurisdictions, licensed persons must obtain the updated list from the FATF website and treat all business relationships and transactions originating from those countries as high-risk, applying the enhanced measures under Article (3-18). The circular also clarifies that it covers Kuwait-resident clients holding the nationality of such countries and citizens with business relationships with financial institutions affiliated with those countries.

The Insurance Regulatory Unit (IRU) informs insurance companies under its supervision that the FATF updated its list of jurisdictions that do not apply, or insufficiently apply, FATF recommendations in October 2026. Companies must continuously monitor FATF updates and apply enhanced due diligence and specific measures for countries classified as high risk, failing which they face legal accountability under the insurance law and the AML/CFT law.

The Chairman of the Higher Committee of the Insurance Regulatory Unit in Kuwait issues Decision No. 51 of 2026, which repeals item 43 of Article 19 of the Executive Regulations of Law No. 125 of 2019 on insurance regulation, thereby eliminating the KD 10 fee charged for each professional certificate registered in the Unit's records. The decision applies to the Unit's registration and licensing framework for insurance-sector professionals and takes effect from its date of issuance.

The Board of the National Bank of the Kyrgyz Republic approves a new list of core documents generated in the activities of commercial banks and non-bank financial-credit organizations licensed by the National Bank, together with their retention periods. The resolution repeals the 2004 list (No. 22/9) and all subsequent amendments to it, and requires the National Bank to publish the resolution, register it with the Ministry of Justice, and notify banks and industry associations. It matters because it sets binding record-keeping and retention obligations for all licensed banks and NBFCOs.

The FMA publishes a guidance notice on the admission to public offering of asset-referenced tokens (ARTs) or their admission to trading under the Regulation on Markets in Crypto-Assets (MiCAR). The guidance also covers the submission and notification procedure for credit institutions wishing to publicly offer asset-referenced tokens. For both procedures, the guidance provides for the use of an FMA application form (Annex 2).

The Austrian FMA announces that the existing SOAP interface for reporting transaction data under Art. 26 MiFIR will be replaced by a REST interface, affecting the technical connection to the FMA while reporting data formats and certificate-based authentication remain unchanged. Technical details are set out in the revised guideline and a new version of the interface specification, with a test phase for the new connection running from 1 February 2027 to 30 April 2027.

The Capital Market Development Authority (CMDA) directs Principal Advisers and the Stock Exchange to observe specific requirements when preparing and submitting prospectuses. The directive requires disclosure of Maldives Inland Revenue Authority (MIRA) tax clearance reports, proper documentation of agreements and third-party information sources, and clear sourcing of statistical data. It aims to improve the completeness and transparency of prospectuses submitted to the Authority.

The Financial Intelligence Centre of Namibia circulates updates to the United Nations Security Council sanctions lists of designated individuals, entities and groups, as amended on 29 October 2026 under Resolution 1988 (2011), together with prohibited items and related materials. It reminds Accountable Institutions, Reporting Institutions and other persons and entities of their obligation to keep themselves continuously informed of UNSC list changes and encourages subscription to the UNSC updates email list. The circular is issued under Section 9(1)(h) of the FIA read with sections 23, 24 and 25 of the PACOTPAA.

The Payment Systems Department of Nepal Rastra Bank has directed development banks, finance companies, payment system operators, and payment service providers to submit the details of physically assigned contact officers to the Integrated Anti-Cyber Scam Center (IACSC). This notice is related to the implementation of point no. 6(c) of the guidelines approved by the Ministry of Home Affairs.

Nepal Rastra Bank has directed licensed Class "A", "B", and "C" banks and financial institutions to continue necessary banking services from their branches located in customs offices even during the Tihar holiday period. At the request of the Ministry of Finance, Department of Customs, this arrangement has been made for customs clearance of goods in order to facilitate trade, keep the supply chain operational, and maintain the continuity of service delivery.

De Nederlandsche Bank imposed an order subject to penalty on investment firm Zonnepanelendelen B.V. (ZPD) on 8 May 2026 after finding that ZPD had failed to meet its minimum capital requirements under Article 7(1) in conjunction with Article 11 of the Investment Firms Regulation (IFR), having wrongly deducted certain costs from the fixed overheads requirement. The order compelled ZPD to restore compliance, and ZPD subsequently rectified its capital shortfall by the compliance deadline, so no penalty payments were forfeited.

The Netherlands Authority for the Financial Markets (AFM) reminds individuals and entities that create and offer crypto-assets to the public, including memecoins, that they must comply with the European Markets in Crypto-Assets Regulation (MiCAR). The AFM notes that only legal entities may offer crypto-assets to the public, that a white paper must generally be drawn up, notified and published, and that marketing must be fair, clear and not misleading. The AFM also urges consumers to be alert to misleading claims and warns that it may take enforcement action, including warnings, instructions or fines, where requirements are not met.

The Securities and Exchange Commission (SEC) Nigeria requires all Capital Market Operators to complete a cybersecurity risk assessment form on the Cybersecurity Module of the Commission's e-Portal by November 05, 2026. The submissions will feed into a sector-wide cybersecurity risk assessment being conducted by the Inter-Agency Cybersecurity Technical Working Group of the Financial Services Regulation Coordinating Committee (FSRCC) to strengthen cybersecurity risk management and resilience across the financial sector.

The Central Bank of Nigeria issues a risk-based regulatory framework for the licensing, regulation and supervision of Non-Security Virtual Assets, including Naira-referenced (Class 1) and foreign-currency-referenced (Class 2) stablecoins, Deposit Money Tokens and related Virtual Asset Service Providers. The Regulations set out licence categories, capital and reserve requirements, operational liquidity, governance, AML/CFT/CPF, consumer protection, cross-border and foreign-exchange rules, reporting obligations and enforcement powers, while delineating CBN jurisdiction from that of the SEC over security virtual assets.

Finanstilsynet published a supervision report on Heimdal Forvaltning AS following a thematic inspection of control function and internal audit requirements conducted between May 2025 and April 2026. The inspection covered five management companies and three AIF managers as part of a common European supervisory review coordinated by ESMA (CSA). The page describes the report and Finanstilsynet's general practice for supervision reports and decisions, but does not itself set out the findings or any specific regulatory obligations.

Finanstilsynet published a supervision report on Positron Capital AS following a thematic inspection of control function and internal audit requirements conducted between May 2025 and April 2026. The inspection covered five management companies and three AIF managers as part of a joint European supervisory review coordinated by ESMA (CSA). The page describes the general framework for supervision reports and decisions, but the substantive findings are contained in the linked PDF report.

Finanstilsynet publishes a thematic supervision report on Pareto Asset Management AS following a thematic inspection of control function and internal audit requirements conducted between May 2025 and April 2026. The inspection covered five management companies and three AIF managers and formed part of a common European supervisory review coordinated by ESMA (CSA). The page summarizes the findings report and explains Finanstilsynet's general practice for supervision reports and decisions.

The Financial Supervisory Authority of Norway publishes a supervisory report for Swiss Life Asset Managers Funds AS following a thematic inspection on the requirements for the control function and internal audit, conducted between May 2025 and April 2026 as part of a pan-European supervisory initiative led by ESMA (CSA). The thematic inspection covered five management companies and three AIF managers. The page is a generic publication page summarizing the inspection and the Financial Supervisory Authority's practice for supervisory reports and decisions, without specific findings or orders being reproduced in the text.

Finanstilsynet is publishing the supervisory report for REQ AS following a thematic inspection on the requirements for the control function and internal audit, conducted from May 2025 to April 2026 as part of a pan-European supervisory investigation led by ESMA (CSA). The inspection covered five management companies and three AIF managers. The report summarizes the main findings and any decisions directed at the firm.

Finanstilsynet published an inspection report on Coeo Inkasso AS following a review of the company's risk assessments, internal controls, debt collection procedures, reconciliation of client funds, and compliance with the ICT regulation. The regulator found that the company had not consolidated claims in line with good debt collection practice and had not corrected the failure to consolidate claims properly, and considered its risk management and internal controls related to claim consolidation insufficient. Finanstilsynet also pointed to the need for more second-line controls of ICT operations and testing against the company's own BIA and documented tolerance limits.

Finanstilsynet (the Norwegian FSA) publishes its inspection report on Turnstone Alternative Investments AS following a thematic inspection of control function and internal audit requirements conducted between May 2025 and April 2026. The thematic review covered five management companies and three AIF managers and formed part of a joint European supervisory review coordinated by ESMA (CSA). The page describes the inspection report and the general framework for supervisory reports and decisions, but does not itself set out the specific findings or any decision against the firm.

Finanstilsynet informs entities subject to the anti-money laundering rules that the Financial Action Task Force (FATF) has updated its list of high-risk countries with effect from 30 October 2026, removing Bulgaria, Côte d'Ivoire, the Democratic Republic of the Congo and Monaco from the list. The notice reminds reporting entities of their duty to know about countries associated with higher money laundering and terrorist financing risk and points to guidance on geographic risk.

Finanstilsynet concluded that SummitTX Capital L.P. violated the notification obligation under Section 3-5 of the Securities Trading Act and Article 5, cf. Article 9, of Regulation (EU) No. 236/2012 (SSR) by failing to notify relevant net short positions in a timely manner. Finanstilsynet imposed an infringement penalty of NOK 75,000 on the entity.

The SMV reminds General Regime issuers with securities registered in the RPMV of their obligation to disclose as a material event their monthly position in derivative financial instruments, in accordance with numeral 18.11 of Annex 1 and Annex 2 of the Regulation of Material Events and Reserved Information. The circular urges the adoption of necessary measures to comply with said obligation, which expires on November 13, 2026, and specifies that it is of a preventive and referential nature, without requiring a response from the issuer.

The Central Reserve Bank of Peru replaces Circular No. 0003-2020-BCRP with a new regulation establishing the Peru QR Standard (based on EMV QRCPS and a reserved Technical Note) for the use of QR codes in payment services. It defines obligations for QR Code Generators, Providers, and Readers, creates the Peru QR Registry, mandates interoperability, and sets a penalty and fine regime in UIT, with staggered adaptation deadlines until April 2028.

The SMV announces the publication of SMV Resolution No. 013-2026-SMV/01, which amends the Regulation of Securities Clearing and Settlement Institutions (ICLV) and the Common Rules for Entities Requiring Authorization of Organization and Operation from the SMV. The changes allow the establishment of a Central Counterparty Entity (CCP) in the Peruvian market, an infrastructure that the Lima Stock Exchange does not possess and which would facilitate interoperability with the Santiago and Colombia Stock Exchanges. The new CCP must comply with financial, risk management, corporate governance, technological infrastructure, and member admission requirements, and the creation of a guarantee fund is anticipated to mitigate counterparty and systemic risk.

The Capital Market Authority's Board approved regulatory provisions to enhance initial public offering (IPO) practices, effective from the date of their publication. The provisions strengthen the underwriter's role in the offering process, impose additional requirements on participation orders submitted during book-building, and require issuers to disclose forward-looking statements and forecasts in the prospectus and registration document. The changes aim to increase transparency, discipline and efficiency in the offering process and improve the attractiveness of the Saudi capital market.

The National Bank of Slovakia amends its 2018 measure on reporting by asset management companies, foreign asset management companies, self-governing investment funds and fund depositaries for financial market supervision purposes. The amendment allows reports to be submitted electronically with a qualified electronic signature, revises the methodology and forms for the Kis (PF) 07-02 fund asset management report (including a new page on assets exposed to NACE Revision 2 economic activities), and updates valuation and reporting rules for real estate held in public special real estate funds. It affects entities required to submit these supervisory reports and applies from 1 January 2027.

The CNMV Council approves an agreement delegating powers to the Presidency, Vice Presidency, Executive Committee, and Directors General in areas such as admission of securities to trading, public offers for sale, subscription and acquisition, supervision of crypto-assets, green bonds, secondary markets, collective investment institutions, investment services companies, preventive resolution, and sanctioning powers. The agreement replaces the previous one dated June 25, 2026, and establishes mechanisms for evocation, reporting to the Council, and the exercise of delegated powers.

The Central Bank of Sudan's Banking Regulation and Development Department cancels its earlier 2026 circulars on cheque clearing ceilings and electronic clearing collection guidelines, and amends paragraph (5) of Publication 2025/7 so that electronic clearing operates every day of the week with no ceiling on clearing cheques. Banks must manage their liquidity to meet clearing obligations daily, failing which the central bank warns of strict administrative and financial sanctions against senior executive management.

The Financial Supervisory Commission issues an order under Article 8, Paragraph 2 of the Regulations Governing Securities Investment Trust Funds specifying the permitted types and scope of foreign securities in which domestically offered securities investment trust funds may invest, including eligible listed equities, depositary receipts, warrants, participatory notes, REITs, ETFs (including leveraged, inverse, futures, commodity and virtual asset types, with virtual asset ETFs limited to bitcoin ETFs), actively managed ETFs, and rated bonds including non-investment-grade bonds meeting prior FSC requirements. It also sets conditions for participatory notes and excludes certain linked or structured notes, and revokes the prior order of 24 February 2025.

Pursuant to Article 8, Paragraph 2 of the Regulations Governing Securities Investment Trust Funds, the Financial Supervisory Commission has stipulated the types and scope of foreign securities that domestically raised securities investment trust funds may invest in, including foreign exchange-listed securities eligible for investment, bonds meeting certain credit ratings, non-investment grade bonds, and approved foreign funds, as well as regulating participation notes, virtual asset exchange-traded funds, and underlying asset limitations. This ruling also applies to investments in securities from mainland China, Hong Kong, or Macau, takes effect on the date of issuance, and repeals the previous ruling.

The Financial Supervisory Commission is giving advance notice of an announcement designating Ching Jung Enterprise Co., Ltd. (62078208) as a financial services enterprise under Article 3, Paragraph 1 of the Financial Consumer Protection Act, insofar as it engages in accounts-receivable purchasing, installment sales, or similar financing business with natural persons. From the announcement's effective date, that business and any financial consumer disputes arising from it will be governed by the Act. The comment period is shortened to 14 days (2026-11-04 to 2026-11-18) to bring the designation into effect quickly and strengthen consumer protection.

The Banking Bureau of the Financial Supervisory Commission announces the results of its review of orders and administrative interpretations issued between 1 July 2006 and 30 June 2007, publishing a list of regulations to be removed (2 regulations and 73 administrative interpretations). The listed items will be removed from the Bureau's legal database from 30 November 2026 and will no longer be used as a basis for enforcement or penalties. Interested parties may submit comments within 20 days of the day following this announcement.

The Financial Supervisory Commission has issued a pre-announcement of eight draft regulations governing virtual asset service providers (VASPs), covering establishment, management of responsible persons and staff, internal control and audit systems, outsourcing, suspicious or abnormal transaction handling, financial reporting, and management of the VASP trade association. The drafts are based on the Virtual Asset Service Act and are open for public comment for 40 days from the day after publication, with the comment period shortened because the content was already fully discussed with VASPs and stakeholders.

The Financial Supervisory Commission has issued a draft notice, pursuant to subparagraph 18 of paragraph 1 of Article 5 of the Money Laundering Control Act, to designate stablecoin issuers as financial institutions under that article, thereby incorporating them into the anti-money laundering compliance framework. To align with the implementation schedule of the Virtual Asset Services Act, the consultation period has been shortened to 40 days to publicly solicit comments.

The Financial Supervisory Commission announced a 40-day public consultation on draft regulations governing the licensing and management of stablecoin issuers, issued under the Virtual Asset Service Act. The draft sets out the licensing framework and supervisory requirements for stablecoin issuance in Taiwan, with the comment period shortened to align with the Act's implementation timetable.

The Financial Supervisory Commission (FSC) is giving public notice of draft amendments to the Regulations Governing Anti-Money Laundering of Financial Institutions and to parts of the Regulations Governing Internal Control and Audit Systems for Anti-Money Laundering and Countering the Financing of Terrorism in the Banking Sector and Other Financial Institutions Designated by the FSC. The amendments are made under the Money Laundering Control Act, and the public comment period has been shortened to 40 days to align with the implementation schedule of the Virtual Asset Service Providers Act. Comments may be submitted through the FSC's draft preview website within 40 days of publication in the official gazette.

This is a financial sanction notice published by a financial regulator, numbered 93 of 2026 and dated 2 November 2026. The page provides only the notice title, a download link, and links to related sanction notices; the substantive content of the notice is not included in the text, so the specific sanctioned parties and obligations cannot be determined.

This is a financial sanction notice published by a financial regulator, listed among a series of related financial sanction notices (91, 93, and others) issued in late October and early November 2026. The page provides only the notice's title, download link, and navigation to related notices, without substantive regulatory text.

This is a financial sanction notice published on a regulator's notices page, listed among a series of related financial sanction notices (88 to 93 of 2026). The page provides only the notice title, a download link, and navigation to related notices, with no substantive regulatory text included.

The Bank of Uganda announces the temporary closure of the RTGS and ACH services from 5:00 p.m. on Thursday, 5 November 2026 to 9:00 a.m. on Monday, 9 November 2026 to allow a planned system upgrade aimed at strengthening the efficiency, reliability, and resilience of the national payments infrastructure. The FAQ informs RTGS participants, customers, and MDAs that high-value payments relying on RTGS and ACH will not be processed during the closure, while mobile money, ATMs, over-the-counter transactions, and intra-bank transfers remain unaffected, and advises users to process time-sensitive payments in advance and confirm cut-off times with their financial institutions.

The Board of the National Bank of Ukraine amends the Regulation on the calculation and publication of the Ukrainian Overnight Index Average (UONIA) to align its administration with IOSCO principles for financial benchmarks. The amendments expand what the NBU publishes alongside the UONIA value, including daily statistics on the underlying transactions and the calculation type, and require publication of the full historical archive and consolidated texts of the Regulation. Banks in Ukraine are to be informed of the decision.

The National Bank of Ukraine approves a new Regulation governing how it sets the official hryvnia exchange rate against foreign currencies and the SDR, calculates reference values for the hryvnia against the US dollar and (newly) the euro, and calculates the accounting price of banking metals. The Regulation replaces the prior framework and its amendments, sets out data sources (Bloomberg BFIX, Refinitiv, central bank and IMF rates), fallback and 'special conditions' calculation procedures, publication deadlines, and oversight of currency-market indicators. It matters for banks and other currency-market participants that rely on these official rates for accounting, settlement and reporting.

The Board of the National Bank of Ukraine amends Resolution No. 67 of 14 May 2019 by adding a new paragraph 16 that sets a 365-calendar-day settlement deadline for import operations of goods classified under UKT ZED code 2711 21 00 00, provided the operations are carried out by a natural gas market entity wholly state-owned and entrusted by the Cabinet of Ministers with special obligations under the Natural Gas Market Law. The new rule applies to operations carried out from 9 November 2026, and the resolution enters into force the day after its official publication.

The FDIC announces a series of regulatory relief measures for FDIC-supervised financial institutions affected by severe storms, straight-line winds, tornadoes, and flooding in designated Indiana counties between August 11 and August 24, 2026. The relief encourages institutions to work constructively with borrowers, offers favorable Community Reinvestment Act consideration for disaster recovery activities, and provides flexibility on filing, publishing, and temporary facility requirements. It matters because it gives affected institutions supervisory latitude to support local recovery without regulatory criticism.

The FDIC announces a series of supervisory relief measures for FDIC-supervised financial institutions serving the Pine Ridge Reservation area of South Dakota, which was affected by severe storms, straight-line winds, and flooding from June 2-4, 2026, and declared a federal disaster by FEMA on September 1, 2026. The FDIC encourages institutions to work constructively with affected borrowers, offers favorable Community Reinvestment Act consideration for disaster recovery activities, and will consider relief from certain filing and publishing requirements. Institutions in affected areas should contact the Kansas City Regional Office regarding reporting delays, publishing requirements, and temporary banking facilities.

The CFTC announced that the U.S. District Court for the Northern District of Texas entered a default judgment against Walter Dunning Larrick III and Cambridge Financial Advisors LLC for a commodities fraud scheme. The court found the defendants fraudulently solicited and misappropriated more than $3 million from participants through false representations about futures and options trading, false account statements, and Ponzi-like payments, and ordered over $13 million in penalties and restitution plus permanent injunctions and trading and registration bans.

The FDIC, Federal Reserve Board, and OCC, under the FFIEC, issued this notice announcing revisions to the instructions for all three Call Report forms to align with the interim final rule implementing section 902 of the 21st Century ROAD to Housing Act, which revised the treatment of certain reciprocal deposits as brokered deposits. The agencies received emergency OMB approval for the revisions and are requesting comment on whether further changes to the instructions are needed, with comments due by December 28, 2026. The notice applies to all FDIC-insured financial institutions and directs institutions to share it with those responsible for preparing Call Reports.

The SEC adopted amendments to its rules defining which registered investment companies, investment advisers, and business development companies qualify as small entities under the Regulatory Flexibility Act. The amendments raise asset-based thresholds, revise how related funds' assets are aggregated, eliminate the investment adviser total assets threshold, and provide for inflation adjustments every 10 years, aiming to reduce regulatory burdens on small entities.

OFAC announced new Iran-related designations and updates to existing Iran-related SDN and SSI listings, published an Iran-related alert on the Iranian shadow fleet's use of false flags for sanctions evasion, issued amended Venezuela-related General License 5AA, and amended one Frequently Asked Question (FAQ 595). The action adds individuals and entities tied to Iranian maritime, aviation, and financial networks to the SDN List and appends secondary sanctions risk language under Section 2 of E.O. 13902 to numerous existing listings.

The Oregon Division of Financial Regulation issues guidance to property and casualty insurers writing auto, homeowners, and dwelling coverage on avoiding unfair claim settlement practices when using virtual claim adjustment systems and mobile applications. It clarifies that insurers must still conduct reasonable investigations, including in-person inspections when needed, may not deny requests for in-person adjusters, and may only require policyholders (not third-party claimants) to use a mobile app when disclosed at application and stated in the policy. It replaces Bulletin No. DFR 2020-4 and broadens its scope beyond auto claims.

The Commodity Futures Trading Commission issued an interpretation of Commission Regulation 38.151(b), which requires designated contract markets to provide competitive, open, fair, and impartial access to their members and persons with trading privileges. The interpretation states that domestic geographic access restrictions are inconsistent with the Commodity Exchange Act and directs DCMs to cease such restrictions and ensure intermediaries comply with the Impartial Access Requirements within 30 days, or explain why compliance is not feasible.

OFAC is publishing a Cuba-related Determination pursuant to Section 2(a)(i)(A) of Executive Order 14404 on the electronics, manufacturing, marine, and technology sectors of the Cuban economy, and is updating the SDN List. The update adds numerous individuals and entities linked to the Prince Group transnational criminal organization and to Cuba-related sanctions programs, and modifies existing vessel and entity listings. The action matters for financial institutions and other regulated entities that must screen against OFAC sanctions lists.

The Illinois Department of Financial and Professional Regulation announced that its Directors of Professional Regulation, Banking, Financial Institutions, and Real Estate signed enforcement actions taken during September 2026. The release serves as a notice pointing readers to the full September 2026 Enforcement Report and does not itself describe the individual actions or the entities involved.

The Illinois Department of Financial and Professional Regulation announced that its Director of Professional Regulation, Director of Banking, Director of Financial Institutions, and Director of Real Estate signed a series of enforcement actions during July 2026, compiled in the August 2026 Enforcement Report. The news release itself provides no details of the individual actions, referring readers to the linked report.

The Commodity Futures Trading Commission's Division of Clearing and Risk issued a no-action letter addressing whether derivatives clearing organizations may use trust companies to conduct daily settlements with clearing members. The letter states that a derivatives clearing organization may use a trust company for daily settlements if it treats the trust company as it would a settlement bank under applicable CFTC requirements.

FinCEN, as part of Operation Economic Outcast, issued an order cutting off MEXC Global, a convertible virtual currency exchanger, from the U.S. financial system. FinCEN states that MEXC Global facilitated at least $16 billion in illicit transactions tied to Iranian, North Korean, and Russian sanctions evasion and cybercrime, including direct transactions with sanctioned actors. The order bars U.S. financial institutions from processing funds transfers involving MEXC Global.

FinCEN announced the withdrawal of a notice of proposed rulemaking that would have amended the Recordkeeping and Travel Rule regarding convertible virtual currencies and would have lowered the threshold for funds transfers and transmittals of funds that begin or end outside the United States. The proposal is being jointly withdrawn with the Federal Reserve Board of Governors. The withdrawal means these proposed amendments will not proceed.

OFAC added eight Canadian money services businesses to its Specially Designated Nationals (SDN) List under the Iran-related authority of E.O. 13902, citing their role in enabling the Iranian regime. The designations identify the entities, their aliases, addresses, registration numbers, and associated digital currency (TRX) addresses, and note secondary sanctions risk under Section 2 of E.O. 13902.

The Office of the Comptroller of the Currency issued version 1.0 of the "Homeownership Counseling" booklet of the Comptroller's Handbook, replacing the June 2011 "Homeownership Counseling Examination Procedures" booklet. The booklet informs and educates examiners about homeownership counseling requirements for delinquent borrowers under section 106(c)(5) of the Housing and Urban Development Act of 1968 (12 USC 1701x(c)(5)) and incorporates existing interagency examination procedures. It does not apply to the supervision of banks that do not hold or service home loans as defined at 12 USC 1701x(c)(6)(C).