Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
IOSCO Publishes Final Report and Recommendations on Valuing Collective Investment Schemes
The global securities-regulator body set out recommendations on valuation governance, independence, methodologies and fair-value assessment for CIS.
OCC Issues Consent Order Against Community Federal Savings Bank Over BSA/AML Deficiencies
The Office of the Comptroller of the Currency cited failures in the New York-based lender's anti-money laundering compliance programme.
Basel Committee Agrees to Publish ICT Risk Management Report and Advances Cryptoasset Standards Review
The Basel Committee agreed to publish a report on ICT risk management practices and progressed an expedited review of the prudential standard for banks' cryptoasset exposures.
ACPR Fines Société Générale €20 Million for Failing to Disclose Bundled Insurance Information
France's ACPR fined Société Générale €20 million and issued a reprimand for failing to disclose that an insurance contract was automatically bundled with its Sobrio bank account.
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.
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.
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 Slaps BofA Securities Europe with €6.2M Risk Reporting Fine
The European Central Bank fined BofA Securities Europe SA €6.2 million for underreporting trading book risks from 2022 to 2024 by using an unauthorized method on sovereign bond options. The penalty highlights intensifying scrutiny on accurate risk disclosure amid volatile markets.
RBI Fines Union Bank of India 9.5 Million Rupees for Violations
India's central bank slapped a 9.5 million rupee penalty on Union Bank of India over regulatory lapses uncovered in a recent inspection. The action underscores RBI's intensified scrutiny on compliance amid rising banking risks.
ECB Fines BofA Securities Europe SA €6.2 Million for Misreporting Market Risk-Weighted Assets
The ECB imposed a €6.2 million penalty on BofA Securities Europe SA after finding it used an unauthorised internal model for sovereign bond options over six reporting periods.