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Bowman Speech on Liquidity, Financial Stability, and Fed Role

Federal Reserve Vice Chair for Supervision Michelle W. Bowman delivered a speech on March 3, 2026, discussing the effectiveness of the current bank liquidity framework, including the LCR and NSFR. The speech calls for a critical review of whether existing regulations translate into actual resilience during times of stress.

Federal Reserve Speech on Basel III and Bank Capital Rules

Federal Reserve Vice Chair Bowman discussed upcoming proposed rules to implement the final phase of Basel III in the United States. The speech outlined the rationale for modernizing capital requirements, aiming for more efficient regulation and better support for economic growth while preserving safety and soundness.

Governor Waller Discusses Operationalizing AI at the Federal Reserve

Federal Reserve Governor Christopher J. Waller delivered a speech on February 24, 2026, discussing the Federal Reserve System's efforts to operationalize artificial intelligence (AI) within its internal systems and applications. The speech highlighted the potential of AI to drive operational efficiencies across various functions.

Governor Cook Discusses AI and Productivity at NABE Conference

Federal Reserve Governor Lisa D. Cook delivered remarks on artificial intelligence and its potential impact on productivity at the NABE Economic Policy Conference. She expressed optimism about AI's long-term contributions to innovation and economic growth, while acknowledging the Federal Reserve's cautious approach to its adoption.

Federal Reserve Supervision and Regulation Testimony

Vice Chair for Supervision Michelle W. Bowman testified before the Senate Committee on Banking, Housing, and Urban Affairs regarding the Federal Reserve's supervisory and regulatory activities. The testimony covered the current state of the banking sector, highlighting its soundness and resilience, and outlined priorities for enhancing supervision and regulation.

FDIC Chairman Discusses Reforms to Regulatory Toolkit

FDIC Chairman Travis Hill announced updates on reforms to the agency's regulatory and supervisory toolkit. Key initiatives include proposals on defining "unsafe or unsound practices," refocusing examinations on material risks, and overhauling the CAMELS rating system. Changes to consumer compliance supervision aim to focus on actual harm and violations rather than process.

FDIC Reports Strong Earnings for Insured Institutions

The FDIC released its Quarterly Banking Profile for Q4 2025, reporting strong full-year earnings for FDIC-insured institutions. The industry finished 2025 with a return on assets of 1.20 percent, driven by increased net interest income and loan growth.

FDIC Statement on Establishing Office of Supervisory Appeals

FDIC Chairman Travis Hill announced final guidelines for the new Office of Supervisory Appeals. The office will provide an independent review of supervisory determinations, with modifications to panel composition and expanded appellate rights for institutions facing proposed enforcement actions.

FDIC Proposed Rule for Payment Stablecoin Issuance by Subsidiaries

The FDIC has proposed a rule to establish procedures for FDIC-supervised insured depository institutions (IDIs) seeking to issue payment stablecoins through subsidiaries, as mandated by the GENIUS Act. This proposed rule outlines a tailored application process to evaluate safety and soundness while minimizing regulatory burden.

FDIC Chairman Testimony on Rightsizing Regulation

FDIC Chairman Travis Hill testified before the Senate Banking Committee on the agency's efforts to reform its regulatory and supervisory approach. Key initiatives include defining "unsafe or unsound practices" through a proposed interagency rule and establishing an Office of Supervisory Appeals.

CFTC Secures $2.4M Judgment Against Forex Companies for Fraud

The CFTC announced a default judgment against Safety Capital Management Inc. and GNS Capital Inc. for retail forex fraud. The companies were ordered to pay over $2.4 million in restitution and civil monetary penalties.

NY Governor Announces Auto Insurance Reform Saves MTA $50 Million Annually

New York Governor Kathy Hochul announced that auto insurance reforms have resulted in nearly $50 million in annual savings for the Metropolitan Transportation Authority (MTA). This reform is part of a broader effort to lower costs for New Yorkers.

DFPI Orders Apoyo Financiero, Inc. to Pay $1M Penalty for Overcharging Customers

The California Department of Financial Protection and Innovation (DFPI) has ordered Apoyo Financiero, Inc. to pay a $1 million penalty and reimburse over $218,000 to customers for charging excessive interest and fees. The lender marketed services to the unbanked community.

DFPI Fines Apoyo Financiero $1 Million for Overcharging

The California Department of Financial Protection and Innovation (DFPI) has ordered Apoyo Financiero, Inc. to pay a $1 million penalty and over $218,000 in restitution for charging excessive interest and fees to customers. The enforcement action stems from a routine examination that uncovered violations of California financing laws.

DFPI Fines Nexo Capital Inc. $500,000 for Unlicensed Crypto Loans

The California Department of Financial Protection and Innovation (DFPI) has fined Nexo Capital Inc. $500,000 for operating as an unlicensed lender and making risky crypto-backed loans to California residents. The company failed to assess borrowers' ability to repay loans, violating California financial laws.

DFPI Orders Coinme to Refund $175,000 to California Consumers

The California Department of Financial Protection and Innovation (DFPI) has ordered crypto kiosk company Coinme to refund $175,000 to consumers for violating the state's Digital Financial Assets Law. This action follows a previous order where Coinme was fined $300,000 and ordered to pay $51,700 in restitution.

DFPI Shares Steps to Protect Family from Scams

The California Department of Financial Protection and Innovation (DFPI) issued a notice sharing practical steps for consumers to protect themselves and their families from scams and fraud. This follows a year where the DFPI and Attorney General's office shut down 48 scam websites.

AUSTRAC CEO Speech on Money Laundering and Legal Profession's Role

AUSTRAC CEO Brendan Thomas delivered a speech on March 12, 2026, detailing the mechanics and harm of money laundering. The speech emphasized the legal profession's role in preventing these activities, which cost Australia over $80 billion annually.

AUSTRAC CEO Speech on Gambling Financial Crime Risks

AUSTRAC CEO Brendan Thomas delivered a speech on March 12, 2026, addressing the significant financial crime risks within Australia's gambling sector. The speech highlighted the evolving threats of money laundering and terrorism financing, emphasizing the need for robust Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) controls.

AUSTRAC Operation Taipan: Money Laundering Investigation Analysis

AUSTRAC has published an analysis of Operation Taipan, a significant money laundering investigation that led to the dismantling of a criminal syndicate depositing $62 million through ATMs. The operation highlighted the effectiveness of the Fintel Alliance public-private partnership in combating financial crime.

AUSTRAC Releases AML/CTF Program Starter Kits for Small Businesses

AUSTRAC has released Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) program starter kits to assist small businesses in newly regulated sectors. These kits provide practical tools and step-by-step guidance to help businesses meet their compliance obligations under the AML/CTF Act, which will take effect from July 1.

AUSTRAC Guidance on Compulsory Examination Powers

AUSTRAC has published new guidance on its compulsory examination powers, introduced by the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024. The guidance clarifies the scope and application of these powers, which require individuals to attend examinations and provide documents.

Banque Chaabi du Maroc Sanction Decision

The French Prudential Supervision and Resolution Authority (ACPR) has issued a sanction decision against Banque Chaabi du Maroc. The decision, dated November 7, 2025, concerns internal controls and measures against money laundering and terrorist financing.

Sanctions Decision 2024-02 against Banque Delubac et Cie

The French Prudential Supervision and Resolution Authority (ACPR) has issued Sanctions Decision 2024-02 against Banque Delubac et Cie. The decision pertains to violations related to the fight against money laundering, terrorist financing, and asset freezing.

ACPR Fines CARCO €500,000 for Information and Anti-Dormancy Violations

The French Prudential Supervision and Resolution Authority (ACPR) has fined CARCO, an insurance institution, €500,000 and issued a reprimand. The decision addresses violations related to informing policyholders, combating dormant accounts, and relations with the supervisor.

Sanctions Decision Against Tunisian Foreign Bank

The French Prudential Supervision and Resolution Authority (ACPR) issued a sanctions decision against Tunisian Foreign Bank on October 9, 2024. The decision, number 2023-02, pertains to internal controls and risk management deficiencies.

Sanctions Decision Against BRED Credit Institution AML/CFT

The French Prudential Supervision and Resolution Authority (ACPR) issued a sanctions decision against BRED credit institution for violations related to Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT). The decision, dated June 27, 2024, outlines specific penalties and requirements for the institution.

FINTRAC Advisory on Financial Transactions with FATF High-Risk Countries

FINTRAC has issued an advisory regarding financial transactions with countries identified by the Financial Action Task Force (FATF). Reporting entities must treat transactions with the Democratic People's Republic of Korea (DPRK), Iran, and Myanmar as high-risk and apply enhanced due diligence measures.

Project Fletcher Fraud Investigation: Eight Arrests, Five Suspects Sought

Durham Regional Police Service announced eight arrests in Project Fletcher, a fraud investigation involving over $3 million defrauded from a Durham Region business. Five suspects remain at large. The investigation uncovered extensive money laundering activities over approximately 15 years.

FINTRAC Imposes Penalty on Manor Windsor Realty Ltd.

FINTRAC has imposed an administrative monetary penalty of $107,250 on Manor Windsor Realty Ltd. The real estate brokerage was found to be non-compliant with several provisions of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

FINTRAC Imposes $148,912 Penalty on Century 21 Heritage Group Ltd

FINTRAC has imposed an administrative monetary penalty of $148,912.50 on Century 21 Heritage Group Ltd. for failing to submit a suspicious transaction report. This action highlights the agency's commitment to enforcing anti-money laundering and anti-terrorist financing regulations.

Canada Beneficial Ownership Requirements Guidance

FINTRAC has released a video explaining beneficial ownership requirements in Canada, crucial for combating money laundering and terrorist financing. The guidance is relevant to all reporting entities except title insurers.

HKMA Alerts Public to Bank Scam Alerts

The Hong Kong Monetary Authority (HKMA) has alerted the public to recent scam alerts issued by several banks. These alerts detail fraudulent websites, phishing attempts, and fraudulent mobile applications targeting bank customers. The HKMA reminds the public of security protocols and advises those affected to contact their banks and the police.

HKMA Releases Anti-Fraud AI Music Video

The Hong Kong Monetary Authority (HKMA) released an AI-generated anti-fraud music video titled "Confronting Lachachu" on March 13, 2026. This initiative aims to educate the public on fraud prevention and has received international recognition for its innovative approach.

HKMA Exchange Fund Analytical Accounts - Feb 2026

The Hong Kong Monetary Authority (HKMA) released the analytical accounts of the Exchange Fund for February 2026. The report details foreign assets, monetary base, claims on the private sector, and foreign liabilities as per IMF SDDS standards.

Federal Reserve Approves Home BancShares Merger with Mountain Commerce

The Federal Reserve Board has approved the application by Home BancShares to acquire Mountain Commerce Bancorp, Inc. This approval also allows Centennial Bank to merge with Mountain Commerce Bank and establish a branch at its current location.

Federal Reserve Enforcement Actions Against Former Bank Employees

The Federal Reserve Board has issued consent prohibition orders against two former bank employees for embezzlement and misappropriation of customer funds. Cassandra Grayson, formerly of Equity Bank, and Sandra Adams, formerly of First State Bank of Dongola, are subject to these enforcement actions.

FinCEN Advisory: Chinese Money Laundering Networks Used by Mexican Criminal Groups

FinCEN issued an advisory on January 13, 2026, detailing how transnational criminal organizations based in Mexico are using Chinese money laundering networks to launder illicit proceeds. The advisory highlights specific typologies and red flags for financial institutions to identify and report suspicious activity.

FinCEN Alert: $300M Fraud in Minnesota Nutrition Programs

FinCEN issued an alert regarding at least $300 million in fraud targeting Federal child nutrition programs in Minnesota. Financial institutions are urged to identify and report suspicious activity related to these fraud rings, referencing a specific key term in their Suspicious Activity Reports.

FinCEN Alert on Cross-Border Transfers Involving Illegal Aliens and Cartels

The Financial Crimes Enforcement Network (FinCEN) issued an alert urging Money Services Businesses (MSBs) to be vigilant in detecting and reporting suspicious activity related to cross-border funds transfers involving individuals without legal status in the U.S. This alert is part of efforts to prevent the exploitation of the U.S. financial system by illegal aliens and criminal organizations.

FinCEN Whistleblower Program Bulletin on Fraud-Related AML and Sanctions Violations

FinCEN has issued a bulletin highlighting its whistleblower program, encouraging tips on violations of the Bank Secrecy Act (BSA) and sanctions programs, particularly those involving fraud. The bulletin details types of fraud schemes and reporting expectations for financial institutions.

FinCEN Advisory on Chinese Money Laundering Networks

FinCEN issued an advisory detailing the use of Chinese money laundering networks by Mexico-based transnational criminal organizations to launder illicit proceeds. The advisory highlights typologies and red flags to assist financial institutions in identifying and reporting suspicious activity.

FFIEC UBPR Interest Rate Risk Analysis Page Split

The Federal Financial Institutions Examination Council (FFIEC) is splitting the Interest Rate Risk Analysis page of the Uniform Bank Performance Report (UBPR) into two pages (9 and 9A) on or shortly after March 2, 2026. This change aims to improve readability following updates made in February 2025.

Federal Agencies Release 2024 Small Business and Farm Lending Data

The Federal Deposit Insurance Corporation, Federal Reserve Board, and Office of the Comptroller of the Currency have released 2024 data on small business, small farm, and community development lending. This annual disclosure is required by Community Reinvestment Act regulations.

FFIEC Publishes 2024 Mortgage Lending Data

The Federal Financial Institutions Examination Council (FFIEC) has published the 2024 data on mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA). The data includes information from 4,908 U.S. financial institutions and is available through various datasets and tools.

UBPR Liquidity Pages Content Changes

The Federal Financial Institutions Examination Council (FFIEC) is updating the content of the Uniform Bank Performance Report's (UBPR) Liquidity & Funding and Liquidity & Investment Portfolio pages. These changes are scheduled to take effect on or shortly after February 17, 2026, as part of an ongoing review of UBPR content.

Changes to Uniform Bank Performance Report Peer Group Definitions

The Federal Financial Institutions Examination Council (FFIEC) announced changes to the Uniform Bank Performance Report (UBPR) commercial bank peer group definitions, effective shortly after February 26, 2026. These updates are part of an ongoing review of commercial bank peer groups initiated in 2025.

OCC Announces Enforcement Actions for January 2026

The Office of the Comptroller of the Currency (OCC) announced its January 2026 enforcement actions, including an order of prohibition against an individual for embezzlement and falsifying records. The OCC also released orders terminating previous enforcement actions against several banks.

OCC Announces Enforcement Actions Terminations

The Office of the Comptroller of the Currency (OCC) announced the termination of five formal agreements with banks in February 2026. These terminations indicate that the banks have met compliance requirements or that the terms of the agreements are no longer relevant.

OCC Enforcement Action Types

The Office of the Comptroller of the Currency (OCC) has published a guide detailing the types of formal enforcement actions it can take against supervised financial institutions and their affiliated parties. The document outlines various actions including Capital Directives, Cease & Desist Orders, and Civil Money Penalties.