FINTRAC Imposes $91,162.50 Administrative Monetary Penalty on Northern Isga Foundation
FINTRAC has imposed an administrative monetary penalty of $91,162.50 on Northern Isga Foundation, a non-profit charitable organization operating a casino. The penalty was issued on March 2, 2026, for non-compliance with anti-money laundering and terrorist financing regulations.
Testimony on Financial Innovation
Randall Guynn, Director of the Division of Supervision and Regulation at the Federal Reserve, testified before the U.S. House Committee on Financial Services regarding financial sector innovation. The testimony emphasized the Federal Reserve's commitment to facilitating responsible innovation while mitigating associated risks to safety, soundness, and financial stability.
FIAU REQ Submission Deadline Reminder
The FIAU Malta has issued a reminder to all subject persons regarding the upcoming deadline for the Risk Evaluation Questionnaire (REQ) submission on March 26, 2026. Timely submission is a legal obligation, and failure to comply may result in administrative penalties.
OFAC Rescinds Belarus Directive 1 and Issues General License 14
OFAC has rescinded Belarus Directive 1, which previously prohibited certain transactions with the Ministry of Finance of the Republic of Belarus and the Development Bank of the Republic of Belarus. Concurrently, OFAC issued Belarus General License 14, authorizing transactions involving Belarussian Bank of Development and Reconstruction Belinvestbank Joint Stock Company and certain additional entities. Belarus General License 13 was archived due to SDN removals.
Central Bank of Ireland: Quarterly Bulletin - Economic Resilience and Energy Prices
The Central Bank of Ireland's first Quarterly Bulletin of 2026 highlights that renewed surges in international energy prices are testing domestic economic resilience. Higher oil and gas prices are forecast to lead to lower growth and higher inflation than previously expected, with the extent dependent on the duration of Middle Eastern conflicts.
Federal Reserve: Change in Bank Control Notices and Share Acquisitions
The Federal Reserve System has published a notice regarding change in bank control and acquisitions of shares of a bank or bank holding company. This notice provides information on recent filings received by the agency.
Treasury Terrorism Risk Insurance Program Report
The Department of the Treasury has issued a report on the Terrorism Risk Insurance Program and is seeking public comments. The report likely addresses the program's effectiveness, potential modifications, and future outlook. The comment period closes on May 8.
FDIC Notice of Proposed Renewal for Information Collection Activities
The FDIC has published a notice requesting public comment on the proposed renewal of an existing information collection activity, OMB Control No. 3064-0139, titled 'CRA Sunshine'. This collection applies to insured state nonmember banks, state savings associations, their affiliates, and certain nongovernmental entities. The FDIC previously published a similar notice on February 2, 2026, but received no comments.
ISO 20022: Removal of Unstructured Addresses by November 2026
SWIFT has announced that unstructured postal addresses will be removed from ISO 20022 payment messages by November 2026. This change, driven by community request, aims to improve data quality, enable greater automation, and enhance compliance screening in cross-border payments.
OFAC Sanctions Action Notice
The Office of Foreign Assets Control (OFAC) has published a notice announcing the placement of one or more individuals on the Specially Designated Nationals and Blocked Persons List (SDN List). This action blocks all property and interests in property subject to U.S. jurisdiction belonging to these individuals, and prohibits U.S. persons from engaging in transactions with them.
SFC Freezes $219 Million in Assets of Suspected KNT Share Manipulators
The Securities and Futures Commission (SFC) of Hong Kong has obtained a court order to freeze assets up to $219 million belonging to four individuals suspected of manipulating KNT shares. This action is part of a broader enforcement effort, including parallel criminal proceedings against three of the suspects.
SAM.gov FAR Overhaul Impacts Registration and Exclusions
The General Services Administration (GSA) has updated its System for Award Management (SAM.gov) regarding Federal Acquisition Regulation (FAR) changes that impact entity registration and exclusions. The provided URL leads to a 'Page Not Found' error, indicating the specific content of the overhaul is not directly accessible.
SAM.gov Entity Exclusions (Debarments & Suspensions)
The General Services Administration (GSA) is providing a notice regarding entity exclusions and debarments on SAM.gov. The specific page for entity exclusions could not be found, and users are directed to search, the homepage, or the help page for assistance.
SAM.gov Entity Exclusions Page Not Found
The General Services Administration (GSA) has reported that the SAM.gov Entity Exclusions page, which lists debarred and suspended entities, is currently unavailable. The page indicates a 'Page Not Found' error, and users are directed to search SAM.gov, return to the homepage, or contact the Federal Help Desk for assistance.
SAM.gov Entity Exclusions (Debarments & Suspensions)
The General Services Administration (GSA) has indicated that the page for Entity Exclusions and Debarments on SAM.gov could not be found. Users seeking this information are directed to the SAM.gov search page, the homepage, or the Federal Service Desk for assistance.
SAM.gov Entity Exclusions (Debarments & Suspensions)
The General Services Administration (GSA) is providing a notice that the page for Entity Exclusions and Debarments on SAM.gov could not be found. The notice directs users to search, the homepage, or the help page for assistance.
SAM.gov Entity Exclusions (Debarments & Suspensions)
The General Services Administration (GSA) has indicated that a specific page on SAM.gov for entity exclusions and debarments was not found. The system suggests users try searching SAM.gov, returning to the homepage, or consulting the Help page for assistance.
Virtual Asset Survey: User Base Up, Trading Volume Down
The Korea Financial Intelligence Unit (KoFIU) and Financial Supervisory Service (FSS) released survey results for the second half of 2025 on virtual asset service providers. The survey found an increase in users and KRW deposits but a decrease in trading volume, profits, and market capitalization.
EU Selects Lille to Host New Customs Authority
The Council of the EU and the European Parliament have selected Lille, France, as the host city for the new European Union customs authority (EUCA). This authority, expected to have 250 staff, will coordinate national customs activities to reform the EU's customs framework in response to increased trade flows and e-commerce.
President Costa's Report on Geopolitical Instability and Economic Agenda
President António Costa delivered a report to the European Parliament outlining the EU's ambitious economic agenda amidst geopolitical instability. The report details the 'One Europe, One Market' agenda, focusing on completing the single market, improving professional qualifications, and enhancing strategic autonomy, with key targets set for 2026 and 2027.
NCUA Proposed Rule on Records Preservation and Retention
The National Credit Union Administration (NCUA) has issued a proposed rule to update its vital records preservation program regulation (part 749). The proposed changes aim to simplify and streamline the regulation by clarifying its purpose, updating definitions, and removing appendices, based on public comments received after an advance notice of proposed rulemaking.
NCUA Proposes Rule on Indirect Vehicle Loan Servicing
The NCUA is proposing to remove prescriptive regulations regarding third-party servicing of indirect vehicle loans. This action aims to reduce regulatory burden and increase operational flexibility for credit unions, aligning with a principles-based supervisory approach. Comments on the proposal are due by May 26, 2026.
RBI T-Bill Auction Results Announced
The Reserve Bank of India announced the results of the 91-day, 182-day, and 364-day Treasury Bill auctions held on March 25, 2026. The total face value notified for these auctions were ₹15,000 Crore, ₹12,000 Crore, and ₹8,000 Crore respectively. However, no cut-off price or implicit yield was determined, and the total face value accepted was NIL for all tenors.
RBI Approves Amalgamation of Bapunagar Mahila Bank with Shri Vinayak Sahakari Bank
The Reserve Bank of India has approved the voluntary amalgamation of The Bapunagar Mahila Co-operative Bank Ltd. with Shri Vinayak Sahakari Bank Ltd. The amalgamation scheme will come into effect on March 27, 2026, with all branches of Bapunagar Mahila Bank becoming branches of Shri Vinayak Sahakari Bank.
RBI Data on Reserve Money and Money Supply
The Reserve Bank of India (RBI) has released data on Reserve Money and Money Supply for the fortnight ending March 15, 2026. This release provides key economic indicators related to the country's monetary conditions.
Treasury Bills Auction Results
The Reserve Bank of India (RBI) has published the auction results for 91, 182, and 364-day Treasury Bills. The results detail the notified amounts, competitive and non-competitive bids received, and other auction parameters for the specified maturities.
RBI extends directive period for Shree Mahalaxmi Urban Credit Bank
The Reserve Bank of India (RBI) has extended the period of operational directives for Shree Mahalaxmi Urban Co-operative Credit Bank Ltd. The extension is for three months, from March 27, 2026, to June 27, 2026. This action is taken in the public interest under the Banking Regulation Act, 1949.
Money Market Operations Data
The Reserve Bank of India (RBI) has published data on money market operations as of March 24, 2026. This release provides key figures and rates related to the Indian money market for the specified date.
RBI Auction of State Government Securities
The Reserve Bank of India (RBI) announced an auction for State Government Securities totaling ₹42,941 Crore. The auction includes various tenors and states, with some securities being re-issues of previously offered bonds.
OFAC Authorizes Venezuela's PdVSA for Oil Trading and Investment
On March 18, 2026, OFAC issued General License 52, authorizing established U.S. entities to engage in transactions with Venezuela's PdVSA, including oil trading and new investments. The license maintains significant restrictions and was accompanied by clarifying FAQs.