Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
RBI Issues Amendment Directions Restricting Commercial Bank Group Entities from Competing Activities
RBI's new Amendment Directions, effective 5 December 2025, bar bank group NBFCs from activities conducted departmentally by the parent bank and set a compliance deadline of March 2028.
Central Bank of Brazil Enforces New Rules Requiring Account Closure for Fraud and Unauthorised Services
BCB Resolution 518 and CMN Resolution 5,261 came into force on 1 December 2025, compelling institutions to close accounts linked to fraud or unlicensed financial activity.
Danish FSA Closes Enforcement Orders Against Danske Bank Over Debt Collection System Errors
Denmark's financial regulator has closed its enforcement orders against Danske Bank related to debt collection system errors, citing completed remediation and compensation to over 50,000 customers.
RBI Imposes ₹91 Lakh Penalty on HDFC Bank for Benchmark, KYC and Outsourcing Violations
India's central bank has fined HDFC Bank ₹91 lakh after a supervisory inspection found violations on interest-rate benchmarks, KYC outsourcing, and subsidiary business conduct.
Central Bank of Kuwait Imposes KWD 35,000 Penalty on Kuwaiti Bank for AML/CFT Failures
Kuwait's CBK fined an unnamed Kuwaiti bank KWD 35,000 on 18 November 2025 for breaching AML/CFT obligations under Law No. 106 of 2013 and CBK instructions.
Brazil's Central Bank Orders Extrajudicial Liquidation of Banco Master After Controlling Shareholder Arrested
Brazil's BCB ordered the extrajudicial liquidation of Banco Master on 18 November 2025 after controlling shareholder Daniel Vorcaro was arrested in a fraud investigation.
Saudi Arabia's SAMA Revokes FAS Finance Company Licence Following Voluntary Liquidation
Saudi Central Bank SAMA cancelled FAS Finance Company's microfinance licence after the firm completed voluntary liquidation and deregistered its commercial register.
Brazil's Central Bank Issues VASP Regulations Under Virtual Assets Law, Effective February 2026
Brazil's BCB issued Resolutions 519, 520, and 521 on 10 November 2025, establishing governance, capital, and licensing rules for virtual asset service providers.
ECB Imposes €187,650 Periodic Penalty on Spain's ABANCA for Climate Risk Assessment Failure
The ECB has levied periodic penalty payments totalling €187,650 on Spain's ABANCA for failing to complete a required climate-related risk materiality assessment by the deadline set by supervisors.
BaFin Fines J.P. Morgan SE Record €45 Million for Delayed Suspicious Transaction Reports
Germany's BaFin has imposed a record €45 million penalty on J.P. Morgan SE for systematically late AML filings — the largest fine in the regulator's history.
South Africa's Prudential Authority Sanctions Discovery Bank for FICA Non-Compliance
South Africa's Prudential Authority imposed administrative sanctions on Discovery Bank on 7 November 2025 for non-compliance with provisions of the Financial Intelligence Centre Act.
Brazil's Central Bank Issues Regulation Requiring Closure of Pooled Accounts Used for Unlicensed Payment Services
Brazil's central bank issued Resolution BCB 518 requiring financial institutions to close pooled 'contas bolsão' accounts used for fraud or unlicensed financial services.