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CFPB Blog: Language Access in Consumer Finance
The CFPB blog post discusses the increasing recognition of consumers with limited English proficiency as an underserved market in financial services. It highlights business rationales for multilingual services, phased implementation strategies, and the importance of bilingual personnel, based on CFPB engagement with industry stakeholders.
Finanstilsynet and IFSCA Sign Regulatory Cooperation MoU
Norway's Finanstilsynet and India's IFSCA have signed a Memorandum of Understanding (MoU) to enhance regulatory cooperation. The agreement facilitates information sharing on market trends, best practices, and technological innovations in the financial sector.
Finanstilsynet Supervisory Activities Reports for 2025 Published
Finanstilsynet (Norway's Financial Supervisory Authority) has published its reports detailing supervisory activities for 2025. These reports cover inspections, analyses, licensing, and regulatory development within the financial sector.
FSB Reports Nonbank Financial Intermediation Grew to $256.8 Trillion in 2024
The Financial Stability Board (FSB) reported that nonbank financial intermediation (NBFI) grew by 9.4% in 2024, reaching $256.8 trillion. The report highlights growth across various subsectors and notes limitations in data availability for private credit.
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 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.
Calderdale Council Information Notice
The ICO has issued an information notice to Calderdale Council regarding a data protection matter. This notice is part of the ICO's enforcement activities in the local government sector.
Cumbria Constabulary Information Notice
The Information Commissioner's Office (ICO) has issued an information notice to the Chief Constable of Cumbria Constabulary. This notice requires the Constabulary to provide specific information related to an ongoing investigation.
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.
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.
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