Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
Reserve Bank of India Imposes INR 31.80 Lakh Penalty on YES Bank Over KYC Failures
The RBI fined YES Bank INR 31.80 lakh for failing to use the Central KYC Records Registry identifier for account-based customer relationships.
FSB Publishes Report on Vulnerabilities in Private Credit and Its Interlinkages With Banks
The Financial Stability Board issued a report on vulnerabilities in the $1.5 to $2 trillion private credit market and its interlinkages with banks, insurers and private equity firms.
CPMI and IOSCO Consult on Updated CCP Resilience Guidance and Initial-Margin Public Disclosures
CPMI and IOSCO launched a consultation on updated CCP resilience guidance and revisions to the 2015 Public Quantitative Disclosure standards, with comments due 30 June 2026.
South Africa's proposed exchange controls draw criticism from Afridax founder
Frank Leonette said Treasury's draft Capital Flow Management Regulations would make licensed exchanges the gateway for large crypto deals, raising questions over self-custody, peer-to-peer trading and privacy.
CBN Fines Custodian Investment Plc ₦391 Million Over AML and Liquidity Breaches
Nigeria's CBN levied ₦391 million in penalties on Custodian Investment Plc in 2025 for AML failures, liquidity rule breaches, and due diligence deficiencies, filings show.
Nigeria's CBN Selects Flutterwave and Paystack for AML/CFT Virtual Asset Supervision Pilot
The Central Bank of Nigeria has launched an AML/CFT supervision pilot for virtual asset service providers, with Flutterwave and Paystack among the first participants.
Ghana's rural banks begin transition to community banks under revised BoG framework
Rural banks in Ghana started moving into a new community bank category on 31 March 2026, with higher minimum capital and a year-end deadline for full compliance.
Bank Negara Malaysia Imposes RM15.9 Million in Penalties Across 284 Actions in 2025
BNM took 284 supervisory and enforcement actions in 2025 totalling RM15.9 million in fines, down from 326 actions and RM18.9 million in 2024.
ECB fines BofA Securities Europe €6.2m for misreporting market risk
The ECB said the Bank of America unit included sovereign bond options in its internal models approach without permission, understating risk-weighted assets across six reporting periods.
ECB Accelerates Bank Model Approvals With Post-Implementation Reviews
The European Central Bank is overhauling its supervision of banks' internal credit risk models, shifting to faster approvals while maintaining safeguards through capital floors and targeted on-site investigations.
RBI Imposes ₹2.18 Crore in Penalties on Union Bank, Bank of India, and Central Bank of India
The Reserve Bank of India fined three public sector lenders a combined ₹2.18 crore for KYC failures, lending breaches, and electronic transaction lapses.
China Mulls Easing Bank Shareholder Caps; Bank Stocks Gain
Chinese regulators are weighing relaxed shareholding limits for major investors in banks to aid capital raising amid economic strains, sparking gains in Hong Kong-listed Chinese bank stocks on Friday.