On 7 October 2026 the Prudential Regulation Authority published CP13/26, Updating regulatory thresholds: An autopilot approach. It proposes PRA threshold indexation for 128 fixed amounts in the PRA Rulebook and in PRA guidance: each would rise with UK nominal GDP, first on 1 July 2031 and then every five years. Responses to the consultation, and…
On 7 October 2026 the Monetary Authority of Singapore (MAS) issued its Guidelines on Artificial Intelligence Risk Management, together with a response to the feedback it received on consultation paper P017-2025 of November 2025. The MAS AI risk management guidelines take effect on 7 October 2027 and reach every financial institution (FI) as defined in…
Every February, HMRC issues Bank and Building Society Interest (BBSI) notices under Schedule 23 to the Finance Act 2011, and each one requires a BBSI return: the interest a bank or building society paid or credited during the UK tax year to reportable persons with UK addresses. HMRC’s published returns cycle runs the reported year…
On 30 September 2026 FINMA opened a consultation on a partial revision of FINMA Circular 2017/6 “Direct transmission”, the circular that sets out when Swiss supervised institutions may send non-public information straight to a foreign authority without going through FINMA’s administrative assistance. Comments are due by 27 November 2026, and FINMA plans to bring the…
Skattestyrelsen published version 1 of the Skat Årsbrev 2026 on 29 June 2026. The annual letter lists the changes and clarifications that reporting entities must build into their eKapital reports on interest, securities and pension contributions for year-end 2026 (Årsultimo 2026) and for the ongoing and quarterly reporting that follows in 2027. Most of the…
The FinCEN CVC mixing withdrawal took effect on 6 October 2026, when the Federal Register published two notices that the Financial Crimes Enforcement Network had filed for public inspection the previous morning. The first withdraws the October 2023 finding and proposed rule under section 311 of the USA PATRIOT Act that would have treated international…
On 30 September 2026 the Monetary Authority of Singapore (MAS) published consultation paper P016-2026, which proposes amendments to the corporate governance regulations for banks, insurers and designated financial holding companies (DFHCs). The MAS corporate governance consultation runs until 11:59 pm on 9 December 2026, and comments go in through a FormSG link. Five instruments are…
On 1 October 2026 FinCEN released a notice of proposed rulemaking under section 9714(a) of the Combating Russian Money Laundering Act that would add a new 31 CFR 1010.668 and prohibit every covered US financial institution from sending or receiving funds, including convertible virtual currency (CVC), in transactions involving the A7 Network’s Sub-Agents. The FinCEN…
KSERV reporting starts when a Danish bank sells a non-performing loan to a buyer that is not itself a credit institution. Sections 15 and 19 of the Danish act on credit servicers and credit purchasers (Act no. 1534 of 12 December 2023, in force since 30 December 2023) require the selling credit institution, and any…
On 30 September 2026 Skattestyrelsen published the Indberetningsvejledning om Udlån årsultimo 2026 (S nr. 113), the guide that governs loan reporting to Skat for calendar year 2026. Section 13 of the Danish Tax Reporting Act (skatteindberetningsloven) requires businesses within the Act’s territorial scope that grant or intermediate loans in the course of their business to…