Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
Canada's OSFI lowers domestic stability buffer to 3.0% and narrows range to 0-3%
OSFI cut the Domestic Stability Buffer for Canada's largest banks to 3.0% and narrowed the range to 0-3%, its first change to the DSB since June 2023.
OCC announces June 2026 enforcement actions including prohibition orders
The OCC issued prohibition orders against former executives of Quontic Bank and the failed First National Bank of Lindsay, and terminated three earlier enforcement actions, including a 2022 cease-and-desist order against Bank of America.
APRA opens consultation on major governance overhaul including draft CPS 510
APRA launched the final phase of its governance review, releasing an updated draft of CPS 510 that would combine five existing prudential standards into one for banks, insurers and super trustees.
European Union resists banks' push for sweeping overhaul of capital rules
The European Union resisted banks' demand for a major rewrite of capital rules, as the European Banking Authority proposed a targeted plan to simplify overlapping regulatory requirements for lenders.
UK Financial Conduct Authority proposes higher penalties for individuals after Tribunal rulings
Consultation CP26/19 would lift the minimum market abuse penalty for individuals to £150,000 and set out how deferred bonuses and shares count as relevant income.
OCC set to name JPMorgan, Bank of America and seven other banks in debanking review
The US Office of the Comptroller of the Currency is preparing to publish findings naming JPMorgan, Bank of America and seven other large banks in its review of alleged political debanking, Reuters reported, citing people familiar with the matter.
Nigeria's CBN HoldCo rules could trigger N370bn capital raise, analysts estimate
The Central Bank of Nigeria published proposed holding company rules that could require the country’s largest banking groups to raise up to N370 billion in fresh capital, according to an estimate by Zrosk Investment Management.
RBI directs banks and NBFCs to remove incentives for mis-selling
The Reserve Bank of India directed banks and non-bank finance companies to ensure policies do not incentivize mis-selling, and mandated suitability checks and explicit consent from January 2027.
Hong Kong regulators pledge strict compliance as Beijing tightens capital controls
Securities and Futures Commission chairman Kelvin Wong told the Caixin Summer Summit the regulator would never compromise on its bottom line, weeks after Beijing moved against three online brokers.
US senators press White House to fill FDIC and SEC vacancies
Senators pressed the White House to nominate replacements for vacant seats at the FDIC and SEC, noting that several regulators lacked Democrats in positions reserved for the minority party.
MAS unveils revised single family office framework taking effect 15 June 2026
The Monetary Authority of Singapore published a class exemption for qualifying SFOs, requiring MAS notification, a MAS-licensed bank account and annual AUM returns.
CBN proposes new limits on banks' funding of sister companies in Nigeria
The Central Bank of Nigeria proposed strict limits on loans, guarantees, asset transfers and other financial exposures between banks and affiliated companies under a new framework to curb contagion.