Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
UAE Central Bank Revokes Sundus Exchange Licence and Imposes AED 10 Million Fine for AML Violations
The CBUAE revoked the operating licence of Sundus Exchange on 17 June 2025 and imposed an AED 10 million sanction for serious AML/CFT violations under UAE federal law.
De Nederlandsche Bank Fines ABN AMRO €15 Million for Violating Dutch Statutory Bonus Ban
De Nederlandsche Bank has fined ABN AMRO Bank €15 million after the lender paid prohibited bonuses totalling over €1.5 million to senior officials across an eight-year period from 2016 to 2024.
ECB Banking Supervision Fines Belgium's Belfius Bank €6.94 Million for Capital Violations
The ECB's banking supervision arm has imposed a €6.94 million penalty on Belgium's Belfius Bank for capital requirements violations under the Single Supervisory Mechanism framework.
Swiss Federal Council Proposes USD 24 Billion Additional CET1 Capital Requirement for UBS
Switzerland's Federal Council has proposed requiring UBS to hold ~USD 24bn in additional CET1 capital, with UBS calling the rules disproportionate and internationally misaligned.
UAE Central Bank Fines Unnamed Exchange House AED 3.5 Million for AML/CFT Failures in June 2025
The CBUAE imposed AED 3.5 million on an unnamed exchange house on 5 June 2025 for AML/CFT non-compliance, continuing an intensive enforcement drive across UAE financial services.
Taiwan FSC Fines Taishin Bank NT$6 Million for Internal Control System Deficiencies
Taiwan's FSC imposed a NT$6 million fine on Taishin Bank under Article 129 of the Banking Act for deficiencies in its internal control system identified during a regulatory examination.
Rwanda's National Bank Enforces Foreign Currency Pricing Ban Under New Regulation 89/2025
Rwanda's BNR enacted Regulation 89/2025, banning unauthorised foreign-currency pricing, with fines up to RWF 10 million and 100% of transaction value for repeat violations.
Reserve Bank of India Replaces Thousands of Legacy Circulars with 244 Consolidated Master Directions
The RBI has replaced thousands of obsolete circulars with 244 Master Directions covering all regulated entities, improving clarity and compliance across India's financial sector.
Bank of Ghana Introduces Digital Lending Rules, Forex Pricing Directives, and NPL Cap for Sector Recapitalisation
BoG Governor Johnson Asiama unveiled measures including new digital-platform interest rules, forex pricing directives effective July 2025, and a 10% NPL cap requiring bank recapitalisation by 2026.
CBUAE Revokes UAE Exchange House Licence and Imposes AED 10 Million Fine for AML Breaches
The Central Bank of the UAE has revoked an exchange house's licence and imposed an AED 10 million sanction for significant anti-money laundering and counter-terrorism financing violations.
RBI Levies ₹54.78 Crore in Penalties on 353 Regulated Entities in FY2024-25
The Reserve Bank of India imposed ₹54.78 crore in monetary penalties on 353 regulated entities in FY2024-25, with cooperative banks accounting for the largest share of individual fines.
Central Bank of Kuwait Releases Draft Open Banking Framework to Advance Fintech Cooperation and Digital Economy
The CBK has released a draft Open Banking Regulatory Framework to govern data sharing and infrastructure, fostering bank-fintech cooperation as part of Kuwait Vision 2035.