Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
SRB Issued Bank Resolution Communication Guidance With April 2028 Deadline
The Single Resolution Board issued operational guidance for banks’ crisis communications and gave institutions until April 2028 to incorporate the clarified expectations into their plans where needed.
US State Supervisors Released Optional AI Examination Framework for Financial Firms
The Conference of State Bank Supervisors released an optional AI framework helping state examiners identify artificial-intelligence use, assess risks and decide when deeper reviews may be needed.
EBA Issued Non-ICT Third-Party Risk Guidelines for European Financial Firms
The EBA issued final guidelines for managing non-ICT third-party services, focusing on governance, monitoring and critical functions while excluding services already covered by DORA’s Chapter V.
Turkey Revoked Bank Mellat’s Operating Licence After 44-Year Local Presence
Turkey’s banking regulator revoked Bank Mellat’s Istanbul branch licence under provisions covering risks to depositors and financial stability, ending the Iranian lender’s 44-year local presence.
SEBI Barred India’s Kore Digital Fundraising Over Alleged Financial Misstatements
India’s securities regulator barred Kore Digital from raising public funds and blocked its mainboard migration while ordering a forensic audit into alleged revenue and financial-statement irregularities.
Brazil Central Bank Expanded Pix Access and Tightened Participant Exclusion Rules
Brazil’s central bank approved Pix Automatic debits from salary accounts from July 2027 and required institutions definitively excluded from the payment system to leave immediately.
Federal Reserve Review Found Supervisors Delayed Action Before SVB Collapse
A Federal Reserve-commissioned review found supervisors failed to demand prompt correction after Silicon Valley Bank’s vulnerabilities were evident by March 2022, including a 94% uninsured-deposit share.
UBS Chairman Called Swiss Committee’s AT1 Proposal an Acceptable Compromise
UBS Chairman Colm Kelleher said the bank could live with a Swiss committee proposal allowing up to half of additional foreign-subsidiary backing through AT1 instruments.
Federal Reserve Signalled Final Bank Stress-Test Revisions Within Coming Weeks
Federal Reserve Vice Chair Michelle Bowman said final stress-test revisions would reach the Board within weeks, including measures she said could halve capital-buffer volatility for large banks.
Turkey Imposed Two-Year Trading Bans After Manipulation Probes Across Three Stocks
Turkey imposed two-year trading bans connected with manipulation probes covering three listed stocks, while Reuters reported that the regulator filed criminal complaints against 38 people.
US Sanctioned Iran’s BitBank Over Alleged IRGC and Hormuz Payments
The US Treasury sanctioned Iran’s BitBank, alleging its infrastructure supported transfers of hundreds of millions in Bitcoin to the IRGC and processed Hormuz-linked payments internationally.
US Senate Blocked CLARITY Act After Procedural Vote Fell Short
The US Senate blocked the CLARITY Act from advancing after a 49–50 procedural vote failed to reach the required 60 votes, leaving digital-asset regulation unresolved.