AML Compliance

FSC Revises Business Development Company (BDC) Rules

The Financial Services Commission (FSC) of South Korea has revised rules for Business Development Companies (BDCs) to promote venture investment. The revised rules, effective March 17, 2026, mandate specific investment ratios in unlisted startups and venture businesses, with provisions for lending and safe asset investments.

FSC Chairman meets Standard Chartered CEO, discusses market

The Chairman of South Korea's Financial Services Commission (FSC) met with the CEO of Standard Chartered Group on March 13, 2026. They discussed global geopolitical impacts, market stability programs, and the FSC's productive finance initiative.

FSC Korea: Household Loans Increased KRW2.9 Trillion in February 2026

The Financial Services Commission (FSC) Korea reported that outstanding household loans increased by KRW2.9 trillion in February 2026, driven by mortgage loans. The FSC noted the need for continued monitoring of household loans and the real estate market.

Revised Act on Financial Fraud and Virtual Assets Passed

South Korea's Financial Services Commission announced the passage of a revised Act on Financial Fraud and Virtual Assets. The amendments require virtual asset exchange service providers to implement vishing prevention and loss relief measures similar to financial companies, and expand eligible assets for victim refunds to include virtual assets.

RBI Money Market Operations Data - March 16, 2026

The Reserve Bank of India (RBI) has published data on Money Market Operations for March 16, 2026. This notice provides key figures related to the Indian money market for the specified date.

RBI Releases Data on ECB, FCCB, RDB for January 2026

The Reserve Bank of India has released data pertaining to External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB), and Rupee Denominated Bonds (RDB) for January 2026. This data covers instruments issued through both the Automatic and Approval Routes.

State Government Securities Auction Results

The Reserve Bank of India has published the results of the State Government Securities auction held on March 17, 2026. This notice provides details on the successful bids and terms of the securities issued.

RBI Releases State Government Securities Auction Results

The Reserve Bank of India (RBI) has released the results of the auction for State Government Securities. The notice details the amounts raised, accepted bids, cut-off prices, yields, and tenors for various state government securities.

RBI 7-day VRR Auction Results

The Reserve Bank of India (RBI) has released the results of its 7-day Variable Rate Repo (VRR) auction held on March 17, 2026. The auction saw a notified amount of ₹1,50,000 crore, with ₹48,014 crore allotted at a cut-off rate of 5.26%.

MAS issues 2-year prohibition order against Jimmy Ling

The Monetary Authority of Singapore (MAS) has issued a 2-year prohibition order against Jimmy Ling Xiao Ting, a former representative of Manulife Financial Advisers Pte. Ltd. This action follows his conviction for forgery and abetting unauthorized access to computer material.

MAS Issues 7-Year Prohibition Order Against Former Fund Manager

The Monetary Authority of Singapore (MAS) has issued a 7-year prohibition order against Mr Sun Weiyeh, a former fund manager. The order follows his conviction for defrauding investors in a fund he managed, resulting in a loss of US$342,500.

MAS Fines Eurofin Investments $70,000 for Regulatory Breaches

The Monetary Authority of Singapore (MAS) has fined Eurofin Investments Pte Ltd (EIPL) $70,000 for breaches of the Securities and Futures Act and Regulations. MAS also issued a one-year Prohibition Order against EIPL's former CEO, Mr. Dotta, and a reprimand against the former Chief Risk Officer, Mr. Schappler.

Community Reinvestment Act Examination Procedures

The Office of the Comptroller of the Currency (OCC) has updated its Comptroller's Handbook booklet on Community Reinvestment Act (CRA) Examination Procedures. This guidance outlines how examiners evaluate a national bank's performance in meeting community credit needs, considering factors like financial condition, size, and local economic conditions.

SFC bans Andy Lau Ka Ho for life over misconduct

The Securities and Futures Commission (SFC) has permanently banned Andy Lau Ka Ho, a former licensed representative, from the industry for serious misconduct. The ban follows an investigation into unauthorized trading, fabricated instructions, and forged statements conducted between 2014 and 2019.

SFC Freezes HK$4.3M Assets in Insider Dealing Case

The Securities and Futures Commission (SFC) of Hong Kong has obtained worldwide court orders to freeze assets totaling HK$4.3 million in an insider dealing case. The action targets a former HKEX staff member and his relatives, alleging access to and trading on confidential information.

Retail Trader Sentenced for False Trading in Hong Kong

The Securities and Futures Commission (SFC) Hong Kong announced that a retail trader was sentenced to 220 hours of community service and fined $117,715 for false trading in six Hong Kong-listed companies. The SFC highlighted the importance of market integrity and investor confidence.

SFC and ICAC Joint Operation Targets Insider Dealing and Corruption

The SFC and ICAC conducted a joint operation targeting insider dealing and corruption involving senior executives of three licensed corporations. Eight individuals were arrested, and investigations revealed alleged bribes of over $4 million leading to approximately $315 million in illicit profits.

SFC obtains HK$4M compensation order against former Coolpad executive

The Securities and Futures Commission (SFC) of Hong Kong obtained a compensation order of HK$4 million against Mr Zhang Wei, a former executive director of Coolpad Group Limited. Zhang was also disqualified from holding directorships for five years for his role in transactions that caused significant losses to the company.

Central Bank Independence Speech by Governor Makhlouf

Governor Gabriel Makhlouf of the Central Bank of Ireland delivered a speech on February 18, 2026, emphasizing the importance of central bank independence for price stability and economic prosperity. He highlighted that independence acts as an anchor for stability, enabling policy decisions based on economic cycles rather than political pressures.

Central Bank Publishes 2026 Outlook on Financial Risks

The Central Bank of Ireland has published its 2026 Regulatory & Supervisory Outlook, detailing its assessment of financial sector risks and planned supervisory actions. The outlook highlights increased operational, cyber, and AI risks, while noting abated inflation and interest rate risks.

Central Bank of Ireland Publishes First Access to Cash Report

The Central Bank of Ireland has published its first quarterly Access to Cash report, detailing ATM and cash service point availability as of December 2025. The report, mandated by the Finance (Provision of Access to Cash Infrastructure) Act 2025, monitors compliance with criteria set by the Minister for Finance.

Central Bank Welcomes OECD Consumer Finance Risk Monitor Report

The Central Bank of Ireland welcomed the publication of the OECD's Consumer Finance Risk Monitor 2026 report. The report highlights financial scams as the top threat to consumers globally, a concern echoed by the Central Bank's own outlook.

Central Bank of Ireland Discussion Paper on Tokenisation and DLT

The Central Bank of Ireland has launched a discussion paper to examine the potential role of Distributed Ledger Technology (DLT) and tokenisation in the financial system. Stakeholders are invited to provide insights on opportunities, challenges, and risks associated with these innovations.

EU Council Adopts Conclusions on Bioeconomy Strategy

The Council of the EU has approved conclusions on the new EU bioeconomy strategy, aiming for a competitive and sustainable bioeconomy by 2040. The conclusions promote bio-based and circular solutions, support innovation and investment, and emphasize sustainable biomass supply.

EU and Montenegro Provisionally Close Accession Chapter 21

The Council of the EU announced the provisional closure of accession negotiations with Montenegro on Chapter 21, Trans-European networks. This marks a step in Montenegro's EU accession process, bringing the total number of provisionally closed chapters to fourteen.

Media Advisory: Tripartite Social Summit

The EU Council has issued a media advisory for the Tripartite Social Summit scheduled for March 18, 2026. The advisory provides an indicative program for the event, including the arrival of participants, the start of the summit, and a press conference.

EU Statement on Druzhba Pipeline Oil Supply Interruption

The EU Council issued a joint statement addressing the interruption of crude oil supplies to Hungary and Slovakia following Russian strikes on the Druzhba pipeline. The EU has offered technical support and funding to Ukraine to restore oil flow and is working on alternative routes for non-Russian crude oil.

EU Electoral Act: Proxy Voting for MEPs During Pregnancy and Early Motherhood

The Council of the EU has agreed to amend the European electoral law to allow Members of the European Parliament (MEPs) to use proxy voting during late pregnancy and early motherhood. This change permits delegation of votes for up to three months before the estimated birth date and six months after childbirth.

SAM.gov Entity Exclusions Unavailable Due to Maintenance

The System for Award Management (SAM.gov) announced that entity registrations and exclusions are temporarily unavailable due to scheduled maintenance. Users are directed to search, the home page, or the help page if they encounter issues.

SAM.gov Entity Exclusions Unavailable Due to Maintenance

The System for Award Management (SAM.gov) announced that the Entity Exclusions (Debarments & Suspensions) database was temporarily unavailable due to system maintenance. The notice provides links for users to try searching again, return to the home page, or contact the Federal Help Desk if issues persist.

SAM.gov Entity Exclusions (Debarments & Suspensions) Page Not Found

The General Services Administration (GSA) has reported that the specific page for Entity registrations and exclusions on SAM.gov is not found. Users are directed to search, the homepage, or the Help page for assistance.

SAM.gov Entity Exclusions Page Maintenance

The General Services Administration (GSA) has updated the Entity Exclusions page on SAM.gov. The page was not found, and users are directed to search, the homepage, or the help desk for assistance. This notice indicates maintenance or a change to the page's location.

SAM.gov Entity Exclusions Unavailable Notice

The General Services Administration (GSA) issued a notice that the SAM.gov Entity Exclusions (Debarments & Suspensions) page was unavailable on March 24, 2026. This notice indicates a temporary system issue rather than a regulatory change.

SAM.gov Entity Exclusions Page Unavailable

The System for Award Management (SAM.gov) has announced that the Entity Exclusions (Debarments & Suspensions) page is temporarily unavailable due to maintenance. Users are directed to search SAM.gov or contact the Federal Help Desk if they encounter persistent issues.

SAM.gov Entity Exclusions Unavailable

The System for Award Management (SAM.gov) announced that the Entity Exclusions (Debarments & Suspensions) feature will be unavailable on March 24th due to scheduled maintenance. This temporary unavailability may impact users needing to access debarment and suspension information.

SAM.gov Entity Exclusions Service Maintenance Notice

The General Services Administration (GSA) issued a notice regarding the unavailability of the SAM.gov Entity Exclusions service due to scheduled maintenance. This notice informs users that the debarment and suspension information may not be accessible during the maintenance period.

SAM.gov Entity Exclusions (Debarments & Suspensions) Page Not Found

The SAM.gov page for Entity Exclusions (Debarments & Suspensions) returned a 404 error, indicating the content is currently unavailable. Users are directed to search, the homepage, or the help desk for assistance.

SAM.gov Entity Exclusions (Debarments & Suspensions) Information

The General Services Administration (GSA) is providing a notice regarding entity exclusions and debarments information on SAM.gov. The specific page for this information was not found, and users are directed to search, the homepage, or contact the Federal Help Desk.

SAM.gov Entity Exclusions Maintenance Notice

The General Services Administration (GSA) issued a notice regarding scheduled maintenance for SAM.gov, specifically impacting the Entity Exclusions (Debarments & Suspensions) page. The notice indicates potential unavailability during specific maintenance windows.

SAM.gov Entity Exclusions Unavailable Due to Maintenance

The SAM.gov website is currently experiencing an outage, making the Entity Exclusions (Debarments & Suspensions) database unavailable. Users are directed to search, the homepage, or the Help page for assistance.

SAM.gov Entity Exclusions Unavailable Due to Maintenance

The SAM.gov Entity Exclusions (Debarments & Suspensions) page is temporarily unavailable due to website maintenance. The General Services Administration (GSA) has not provided a specific timeline for when the page will be back online.

SAM.gov Entity Exclusions Unavailable During Maintenance

The System for Award Management (SAM.gov) announced that the Entity Exclusions (Debarments & Suspensions) search function was unavailable due to scheduled maintenance. This notice indicates a temporary disruption in accessing critical exclusion data.

SAM.gov Entity Exclusions Unavailable During Maintenance

The SAM.gov website experienced an outage where entity exclusions (debarments and suspensions) were temporarily unavailable. The page providing this information is no longer found, likely due to system maintenance or a change in URL structure. Users are directed to search or contact the Federal Help Desk.

SAM.gov Entity Exclusions Maintenance Notice

The General Services Administration (GSA) issued a notice regarding temporary maintenance impacting the SAM.gov Entity Exclusions (Debarments & Suspensions) registration system. The page containing this information was not found, suggesting a potential issue with the SAM.gov website.

SAM.gov Entity Exclusions Page Maintenance Notice

The General Services Administration (GSA) issued a notice regarding scheduled maintenance for the SAM.gov Entity Exclusions page. The maintenance was planned for March 24-25, during which the page may have been temporarily unavailable.

SAM.gov Entity Exclusions Unavailable Notice

The General Services Administration (GSA) issued a notice that entity registrations and exclusions were unavailable on SAM.gov on March 21. The page providing this information is no longer accessible.

SAM.gov Entity Exclusions Unavailable During Maintenance

The General Services Administration (GSA) is notifying users that entity registrations and exclusions are unavailable on SAM.gov due to system maintenance. This notice indicates a temporary disruption in accessing critical exclusion data.

SAM.gov Entity Exclusions and Registration Maintenance

The General Services Administration (GSA) is providing a notice regarding SAM.gov entity exclusions and registration maintenance. The content indicates that the specific page for exclusions could not be found, suggesting a potential removal or change in URL.

SAM.gov Maintenance Impacts Entity Registrations and Exclusions

The General Services Administration (GSA) issued a notice regarding SAM.gov maintenance that impacted entity registrations and exclusions. The page providing this information was not found, suggesting a potential issue with accessing critical exclusion data.

SAM.gov Entity Exclusions Maintenance Notice

The General Services Administration (GSA) issued a notice regarding scheduled maintenance for SAM.gov's Entity Exclusions (Debarments & Suspensions) service. The service was unavailable on March 17, 21, and 24. This notice is informational and does not impose new requirements.