Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
Delhi High Court orders winding-up of Paytm Payments Bank following RBI licence cancellation
The Delhi High Court ordered the winding-up of Paytm Payments Bank and appointed Girikumar M. Nair as official liquidator after the RBI cancelled the lender's licence.
UK Prudential Regulation Authority fines HDI Global SE GBP 4.165 million for inaccurate FSCS reporting
The PRA fined HDI Global SE GBP 4.165 million over multiple inaccurate Financial Services Compensation Scheme submissions between 2021 and 2024.
US OCC issues cease-and-desist order against Dallas's United Texas Bank over BSA/AML deficiencies
The OCC issued a cease-and-desist order against United Texas Bank for BSA/AML deficiencies and barred a former JPMorgan Chase employee over roughly USD 120,000 in ATM theft.
EBA publishes final guidelines on authorisation of third-country branches under CRD VI
The European Banking Authority has published final guidelines on the authorisation of third-country branches under CRD VI, setting out the information, assessment criteria and process for applications.
South Africa’s Prudential Authority penalties for 2024/25 total R115 million, led by Capitec
Penalties imposed by the Prudential Authority in its 2024/25 financial year total more than R115 million; the largest is the R56.25 million Capitec sanction announced in December 2024.
UAE Central Bank fines foreign bank branch AED 1.82 million for consumer-protection breach
The CBUAE has imposed an AED 1.82 million penalty on a foreign bank branch for failing to issue a liability letter within the mandatory seven-day period.
Singapore's MAS publishes Q2 2026 enforcement summary with fines and a licence revocation
The Monetary Authority of Singapore set out fines, a prison sentence and the revocation of a payments licence in its Q2 2026 enforcement round-up.
ECB fines Banque Internationale a Luxembourg EUR 3.255 million over internal-model breach
The ECB has imposed a EUR 3.255 million penalty on BIL after finding the bank intentionally failed to apply approved internal models, overstating capital ratios for three quarters.
SEC fines Merrill Lynch $7.5 million for suspicious activity report filing failures
The SEC ordered Merrill Lynch to pay a $7.5 million civil penalty for failing to file numerous Suspicious Activity Reports from April 2020 through September 2024.
EBA publishes updated SREP guidelines to reflect CRR3 and CRD VI reforms
The European Banking Authority has published updated SREP guidelines and a list of legal acts to align supervisory reviews with the CRR3/CRD VI Banking Package.
Federal Reserve 2026 stress test: 32 large US banks absorb $708 billion in losses
The Fed's 2026 DFAST found 32 large banks had enough capital to absorb nearly $708 billion in projected losses, with aggregate CET1 falling from 12.8% to 11.2%.
UAE's central bank imposes AED 20 million penalty on foreign bank branch for AML and sanctions failures
The CBUAE fined an unnamed foreign bank branch AED 20 million and its Head of Compliance AED 300,000 for repeated AML, CFT and sanctions framework failures.