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Fraud Warning: Impostors Misusing Coinbase Luxembourg S.A. Name

CSSF issued a warning on 15 April 2026 alerting consumers and investors that unknown persons are fraudulently using the name and branding of Coinbase Luxembourg S.A. to conduct identity theft through fake websites (www.cbnfinancessupport.info, www.centresinfo.me) and email addresses (support@cbnfinancessupport.info, coinbase@centresinfo.me). The regulator explicitly states that Coinbase Luxembourg S.A., a licensed crypto-asset service provider and electronic money institution, is not related to these fraudulent activities.

TIAN XU International Technology PLC Sanctions Amendment Under Global Human Rights Regulations

The Guernsey Financial Services Commission issued a sanctions notice advising that TIAN XU INTERNATIONAL TECHNOLOGY PLC (Unique ID: GHR0182) has been amended on the Global Human Rights Sanctions Regulations 2020. The entity remains subject to an asset freeze and director disqualification. Guernsey businesses must immediately check for any relationships with this entity, freeze associated funds and assets, and report findings to the Policy & Resources Committee.

Bank of Israel Publishes 2025 Citizens Fund Annual Report

The Bank of Israel and the Ministry of Finance published the 2025 Annual Report of the Citizens of Israel Fund, a sovereign wealth fund managing state revenues from oil and gas windfall profits. As of December 31, 2025, the Fund's assets under management amounted to approximately USD 2.8 billion. The Fund recorded a nominal return of 18.4% and a real return of 15.4% in USD terms during 2025, with USD 350.7 million in deposits and USD 51.7 million transferred to the State Treasury.

KiwiSaver Private Asset Investment Report Released

The Financial Markets Authority (FMA) released a report on KiwiSaver providers' investment in private assets, finding that exposure remains below 5% of total assets under management on average. Most providers surveyed plan to increase private asset allocations over the next three years, consistent with global investment trends. The report identifies valuation challenges and conflicts of interest as areas requiring attention and encourages improved governance practices.

Survey Findings: Private Asset Investment Valuation and Risk Management in NZ Managed Funds

The FMA surveyed a sample of local managed investment scheme (MIS) managers on their private asset investments, valuation approaches, and risk management practices. The review found encouraging signs of progress but identified areas requiring stronger practices, particularly around valuation, oversight of external inputs, conflict management, and investor communication.

FDIC Hosts Trilateral Principal Level Exercise on Cross-Border Resolution Planning

The FDIC will host a Trilateral Principal Level Exercise (TPLE) on April 18, 2026, bringing together heads of resolution and regulatory authorities, central banks, and finance ministries from the United States, European Banking Union, and United Kingdom. The exercise focuses on enhancing understanding of each jurisdiction's resolution regime for global systemically important banks (G-SIBs) and strengthening cross-border resolution coordination.

Test Notice Withdrawn

The CFTC has withdrawn a test document (CFTC-2026-0595-0001) filed on regulations.gov. The document was labeled as a test and has been removed. There are no substantive regulatory documents or content associated with this filing.

Test Document 4-16-26, CFTC, Posted 14th Apr

The CFTC posted a test document to regulations.gov on April 14, 2026 under docket CFTC-2026-0595-0004. The document contains no substantive regulatory content and appears to be a test file. No compliance obligations, deadlines, or penalties are stated.

Test Document Posted Apr 14 2026

The CFTC posted a test document to Regulations.gov under docket CFTC-2026-0595-0002. The posted document contains no substantive regulatory text, obligations, or requirements. The content consists solely of a download link to an external PDF file.

FCA Issues Warning Notices to Hartley Pensions and Individual for Pension Fund Misconduct

The FCA has issued Warning Notices to Hartley Pensions Limited and an individual, alleging the firm provided false and misleading information to the regulator and improperly withdrew and invested customer pension funds without consent. The individual allegedly dishonestly used pension funds and made false representations to obtain money for their own company before misleading the FCA to conceal the misconduct. Hartley Pensions entered administration in July 2022. The Warning Notices are not final decisions and the parties may make representations to the Regulatory Decisions Committee.

FCA Bans Conclusive Financial Misleading Motor Finance Compensation Adverts

The FCA has banned Conclusive Financial Ltd (trading as PCP Refunds), a claims management company, from using misleading adverts that featured unauthorized clips of Martin Lewis, used the FCA logo without permission, and claimed consumers would receive £1,846 average compensation without explaining the calculation. The adverts also failed to properly disclose 'No Win, No Fee' fees and exit charges, and did not inform consumers they could make free claims directly to lenders or the Financial Ombudsman Service. The firm was required to remove its advertising and update or take down its website until compliant. Since January 2024, CMCs have removed or amended 899 misleading adverts following FCA action.

Houston Man Sentenced to 20 Years for Drug Trafficking, Money Laundering

U.S. District Judge Ewing Werlein Jr. sentenced Cyrus Boujabadi to 240 months in federal prison followed by five years of supervised release and a $5,000 fine for drug trafficking and money laundering. Boujabadi led a narcotics distribution conspiracy involving MDMA, meth, cocaine, marijuana, psilocybin, and DMT from January 2019 to July 2023, and laundered proceeds through property purchases in Tennessee now forfeited. Five co-defendants have also been convicted in the case.

Georgia Man Sentenced 27 Months for Interstate Threats Against Federal Officer

IRS Criminal Investigation announced the sentencing of Stephane Brice (Georgia) to 27 months in federal prison for interstate transmission of threats to assault and kill a federal law enforcement officer. Brice pleaded guilty on Jan. 6, 2026 to making threats including beheading and burning down a residence with children inside during calls with the IRS and federal investigators.

Indian Chemical Executive Pleads Guilty to Fentanyl Smuggling

Bhavesh Lathiya, founder and leader of Raxuter Chemicals (Surat, India), pleaded guilty in federal court in Brooklyn to distributing and smuggling fentanyl precursor chemicals to the United States. Lathiya admitted to supplying more than 50 pounds of List I and List II controlled substance precursors, using deceptive practices including mislabeling packages as Vitamin C and falsifying customs forms. As the first felony conviction of an India-based fentanyl precursor supplier, the case targets the international supply chain for illicit fentanyl manufacturing.

First-party Fraud Risk Management Strategies for Payments

NACHA's Risk Management Advisory Group and First-Party Fraud Workgroup published educational content on identifying and mitigating first-party fraud in the ACH Network. The article discusses the challenge that first-party fraud exploits consumer protections and provides tips for ODFIs, Originators, and RDFIs to balance fraud detection with legitimate consumer claims. Suggested measures include validating bank account information, providing complete ACH record details, and RDFIs monitoring accounts with high volumes of unauthorized debit claims.

Form 144 PRA Information Collection Extension Request for Comments

The SEC is soliciting comments on extending OMB Control No. 3235-0101 for Form 144 filings under Rule 144 of the Securities Act of 1933. Form 144 reports securities sales exceeding 5,000 shares or $50,000 aggregate price. The SEC estimates 32,276 annual responses with 32,276 total burden hours. Comments are due June 15, 2026.

OCC Binary Options Clearing - STANS Methodology Amendment

SEC published OCC's proposed rule change to amend the STANS Methodology Description to enable OCC to accept binary options for clearing and manage associated risks. The proposal would allow OCC to clear binary call and put options on equity indexes, where binary call options pay $1 when the underlying asset is at or above the strike at maturity and binary put options pay $1 when below the strike. SEC is soliciting public comments on the proposed rule change.

Nasdaq PHLX Proposes Customer Rebate Tier Threshold and Marketing Fee Changes

Nasdaq PHLX LLC filed a proposed rule change with the SEC to amend its PHLX Pricing Schedule at Options 7, Section 2 (Customer Rebate Program) and Options 7, Section 4 (Multiply Listed Options Fees). The Exchange proposes to modify percentage thresholds to qualify for Tier 4 and Tier 5 customer rebate tiers, and to discontinue an exemption from the Marketing Fee for the contra side of orders that execute against originating orders in an Exposure Complex Auction. The amendment was designated effective upon filing and became operative on April 1, 2026.

Cboe EDGX Proposes 23-Hour Equity and ETF Trading Five Days Per Week

The SEC published a notice of filing from Cboe EDGX Exchange, Inc. proposing to amend its rules to enable 23-hour equity and ETF trading five days per week (23x5 Trading). The proposal responds to growth in early trading session volume and demand from retail investors in the Asia Pacific region for extended access to U.S. markets. The Commission seeks public comments on the proposed rule change.

Long-Term Stock Exchange Extends Complimentary Products Duration

The SEC published a notice that Long-Term Stock Exchange, Inc. filed a proposed rule change to amend LTSE Rule 14.602, extending the duration of certain term-limited complimentary products and services offered to listed companies from four years to five years. The Exchange states the extension is designed to provide companies additional time to realize the intended benefits of these offerings. Comments are invited from interested persons.

Cboe BZX Exchange Amends LMP Tier 1 and 2 Criteria

Cboe BZX Exchange filed a proposed rule change to amend its Fee Schedule, revising the criteria for Liquidity Maker Provider (LMP) Tiers 1 and 2 on its equities trading platform BZX Equities. The Exchange implemented the changes with immediate effectiveness on April 1, 2026. The SEC published this notice to solicit comments on the proposed rule change from interested persons.

Nasdaq BX Converts to Nasdaq Texas LLC - CAT NMS Plan Amendment

The SEC published notice that Consolidated Audit Trail LLC filed an amendment to the CAT NMS Plan to reflect Nasdaq BX Inc.'s conversion from a Delaware corporation to a Texas limited liability company and name change to Nasdaq Texas LLC. The amendment makes purely technical revisions: replacing entity name references, updating a branding change from "NASDAQ" to "Nasdaq," and revising business addresses for Nasdaq exchanges. The amendment became effective immediately as it involves solely technical or ministerial matters.

Nasdaq Extended Trading Hours to 23 Hours Daily, Five Days Weekly

The Securities and Exchange Commission issued Release No. 34-105199 granting accelerated approval of Nasdaq's proposed rule change to extend trading hours for NMS stocks to 23 hours per day, five days per week. The amendments (Nos. 2 and 3) superseded the original filing, and the Commission approved the extended trading hours proposal on an accelerated basis after receiving public comments.

Cboe Exchange Proposes Retail Broker Definition, Complex Order Book Fees

The SEC published notice that Cboe Exchange, Inc. filed a proposed rule change (SR-CBOE-2026-033) to amend its fee schedule. The exchange seeks to establish a new "Retail Broker" definition and introduce Exchange Enterprise Tiers for Non-Professional Users of the C1 Complex Order Book Data Feed. The filing was made pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4. The SEC is soliciting comments on the proposed rule change.

Cboe Exchange Proposes P.M.-Settled Options on DJIA

Cboe Exchange Proposes P.M.-Settled Options on DJIA

National Growth Fund KRW50 Trillion High-tech Industry Investment Plan

The Financial Services Commission announced that the National Growth Fund (NGF) strategic committee held its second meeting on April 14, 2026, revealing a second batch of investment megaprojects. The NGF plans to inject KRW50 trillion-plus over five years through direct and indirect investment support for high-tech industries including next generation biotech, OLED displays, future mobility, defense, sovereign AI, and energy infrastructure. The investment structure includes KRW35 trillion in indirect investment via private-public joint feeder funds and KRW15 trillion in direct strategic investment for large-scale facilities and production lines.

Scam Alert: Fraudulent Websites and Phishing Targeting Shanghai Commercial Bank and Chong Hing Bank

The Hong Kong Monetary Authority issued scam alerts for two banks—Shanghai Commercial Bank Limited and Chong Hing Bank Limited—following reports of fraudulent websites and internet banking login screens. The HKMA reminded the public that banks do not send SMS or emails with embedded hyperlinks requesting sensitive information such as login passwords or One-Time Passwords. Individuals who may have provided personal information through these scams should contact the relevant bank and report to the Hong Kong Police Force Crime Wing Information Centre.

Analytical Accounts of the Exchange Fund, End March 2026

The Hong Kong Monetary Authority released the analytical accounts of the Exchange Fund at end March 2026. Foreign assets decreased by HK$59.5 billion to HK$3,570.6 billion during the month. The Monetary Base stood at HK$2,065.0 billion and foreign liabilities at HK$78.8 billion. The data is published in accordance with the IMF Special Data Dissemination Standard.

Exchange Fund Bills Tender Results

The Hong Kong Monetary Authority published results of two Exchange Fund Bills tenders conducted on 14 April 2026. For Issue Q2615 (maturing 15 July 2026), HK$69,637 million was allotted against applications of HK$159,654 million, with average yield accepted at 2.19% and highest at 2.24%. For Issue H2644 (maturing 14 October 2026), HK$19,000 million was allotted from HK$41,090 million applied, at average yield of 2.29% and highest of 2.39%.

PCAOB Releases 2025 Annual Report

The PCAOB released its 2025 Annual Report covering fiscal year 2025 activities. The report discusses the Board's investor-protection mission, audited financial statements, and management's report on internal control over financial reporting. The report builds on the PCAOB's oversight of public company and broker-dealer audits.

MetroWest and St. Mary's Credit Union Merger Notice

NCUA received a merger notice from MetroWest Credit Union and St. Mary's Credit Union seeking regulatory approval to consolidate. The filing is posted to the public docket for transparency purposes. NCUA reviews credit union merger applications to ensure the proposed consolidation meets statutory requirements and does not adversely affect members.

Cboe BYX Twelve Price Levels Data Feeds

Cboe BYX Exchange filed a proposed rule change with the SEC to amend Rule 11.22 to increase aggregated depth-of-book price levels from five to twelve levels per side in the BYX Summary Depth Data Feed and Cboe One Premium Data Feed. The Exchange proposes to offer both five and twelve level feeds temporarily until the five level feed sunsets on December 31, 2026. The proposal also defines Cboe One Summary Data Feed and Cboe One Premium Data Feed within the rule text for transparency.

Notice Permitting Broker-Dealer Reserve Computation Debits for U.S. Treasury CCA Margin

The SEC published a notice confirming that broker-dealers may include a debit in customer protection rule reserve computations under Rule 15c3-3a when depositing cash, U.S. Treasury securities, or qualified customer securities to meet margin requirements of CME Securities Clearing Inc. (CMESC) resulting from customer positions in U.S. Treasury securities. The notice satisfies paragraph (b)(3) of Note H to Item 15 of the reserve formulas, confirming that CMESC's approved rules meet the required conditions. Broker-dealers wishing to claim this debit must ensure all conditions in Note H to Item 15 are satisfied, including steps regarding custody of customer and PAB account holder margin.

FICC-CME Third Amended Cross-Margining Agreement - No Objection Notice

The SEC has provided notice of no objection to Fixed Income Clearing Corporation's advance notice to enter into a Third Amended and Restated Cross-Margining Agreement with Chicago Mercantile Exchange. The amendment extends cross-margining availability to positions cleared and carried for customers by dually registered broker-dealer and futures commission merchant members common to both clearing organizations. FICC filed Partial Amendment No. 2 on March 4, 2026, modifying the original December 2025 advance notice.

SEC Rule 17f-5, OMB Control No. 3235-0269

SEC Rule 17f-5, OMB Control No. 3235-0269

Updated Sanctions Notification Islamic Republic Iran

FINMA Switzerland issued an updated sanctions notification regarding the Islamic Republic of Iran following changes by the Swiss Federal Department for Economic Affairs, Education and Research (WBF) to annexes 12 and 14 of the December 12, 2025 ordinance. The WBF amended the list of sanctioned persons, companies, and organizations in SESAM (SECO Sanctions Management) database on April 13, 2026, with the changes taking effect April 14, 2026 at 23:00. Financial intermediaries must implement the prohibitions, freeze assets of sanctioned parties, and report affected business relationships to SECO.

FinCEN NPRM Creates AML Whistleblower Program Under BSA

FinCEN issued a Notice of Proposed Rulemaking on April 1, 2026 to establish a formal whistleblower program under the Bank Secrecy Act. The proposed rule would create a financial award structure for individuals reporting BSA violations, addressing historical gaps in AML enforcement. The NPRM aims to incentivize external reporting by compliance professionals, auditors, and employees who identify internal AML failures.

SB 8811 Refines NY FAIR Act UDAP/UDAAP Framework

New York Governor Kathy Hochul signed SB 8811 (Chapter 94 of the Laws of 2026) on March 27, 2026, amending the 2025 FAIR Act. The chapter amendment (1) repeals Section 348 of the General Business Law, which contained the legislative purpose and intent statement for Article 22-A, (2) refines the treatment of 'substantial injury' under the unfairness standard, and (3) extends the Attorney General's pre-suit notice response timeline. SB 8811 is described as intended to narrow and focus the scope of the FAIR Act, which expanded consumer protection enforcement beyond 'deceptive' practices to include 'unfair' and 'abusive' acts.

White House Stablecoin Yield Report, GENIUS Act Regulations Advance, SEC Regulation Crypto Progresses

Paul Hastings LLP analyzes the White House Council of Economic Advisers report finding that prohibiting yield on stablecoins would have minimal impact on preventing deposit flight from banks. The firm covers FinCEN and OFAC joint proposed rule implementing GENIUS Act requirements for stablecoin issuers under the Bank Secrecy Act, FDIC proposed prudential framework for permitted payment stablecoin issuers, SEC Chairman's announcement of upcoming Regulation Crypto, and the Third Circuit's affirmation of preliminary injunction in Kalshi prediction markets case.

FinCEN NPRM Overhauls AML/CFT Requirements for Financial Institutions

WilmerHale summarizes FinCEN's April 7, 2026 Notice of Proposed Rulemaking revising AML/CFT program requirements for financial institutions under the Bank Secrecy Act. The NPRM implements the Anti-Money Laundering Act of 2020, requiring institutions to establish risk-based programs with four core pillars: internal policies and controls, independent testing, U.S.-based compliance officer designation, and ongoing employee training. A joint NPRM was also issued by OCC, FDIC, and NCUA.

Key Takeaways from SEC FY 2025 Enforcement Results: 456 Actions, $17.6B Relief

The SEC's Division of Enforcement announced FY 2025 results on April 7, 2026, reporting 456 enforcement actions and approximately $17.6 billion in monetary relief. Nearly 75% of actions targeted investment advisor/investment company, securities offering, delinquent filings, and broker-dealer spaces. New leadership under Chair Atkins and incoming Director Woodcock signals potential shifts in enforcement priorities.

Hertz Make-Wholes Ruled Unmatured Interest, Solvent Debtor Must Pay

The Third Circuit's Hertz decision, now settled after the Supreme Court denied certiorari, holds that make-whole premiums qualify as unmatured interest barred by 11 U.S.C. § 502(b)(2) when characterized by function rather than label. Despite this classification, solvent debtors like Hertz must still pay make-whole amounts and post-petition interest at the contract rate before equity can retain recoveries, as demonstrated by Hertz distributing approximately $1.1 billion to stockholders under its plan.

IRS Proposes Regulations Implementing 1% Remittance Excise Tax

The IRS has proposed regulations implementing the 1% remittance excise tax enacted under the One Big Beautiful Bill Act (PL 119-21). The tax applies to remittance transfers initiated with cash and money orders, effective for calendar quarters beginning after final regulations are published. U.S. remittance transfer providers are required to collect the tax and remit it to the IRS, bearing the tax if not properly collected.

Treasury Issues Joint Rule Implementing GENIUS Act Stablecoin Provisions

Treasury Issues Joint Rule Implementing GENIUS Act Stablecoin Provisions

Kevin Warsh Fed Chair Hearing Scheduled April 21st

The ABA Banking Journal reports that Kevin Warsh's nomination hearing for Federal Reserve Chair is scheduled for April 21st. The Senate Banking Committee will consider Warsh's nomination to lead the central bank. This hearing represents a significant step in the confirmation process for Fed leadership.

Community Banker Trey Maust Named FDIC Chief Innovation Officer

Trey Maust, a community banker, has been named FDIC Chief Innovation Officer. The appointment brings industry experience to the position overseeing technology and innovation initiatives at the federal banking regulator. No new regulatory obligations or compliance requirements are created by this staffing announcement.

Small Business Optimism Index Drops to 95.8 in March

The National Federation of Independent Business (NFIB) released its Small Business Optimism Index for March, declining to 95.8. The index reflects uncertainty among small businesses, with components showing mixed readings on capital spending, inventory, and sales expectations.

Texas, Kansas Bank Acquisitions Totaling $521M Announced

ABA Banking Journal reports announced bank acquisitions in Texas and Kansas totaling $521 million. The transactions involve commercial banking institutions in these states. No regulatory approvals, compliance obligations, or penalties are mentioned in the source.

Central Bank Independence – in Need of Further Thinking – Speech by Andrew Bailey

Andrew Bailey, Governor of the Bank of England, delivered a speech at Columbia University examining central bank independence. He argues that modern CBI is well-defined for monetary policy but faces significant challenges in the financial stability mandate, where objectives are harder to measure and decisions interact more directly with private interests and public policies. The speech traces the evolution of CBI from the 1970s high inflation era and discusses how it has evolved to formal statutory powers.

OSFI Reintroduces Non-Bank Financial Institution Risk in Annual Risk Outlook

OSFI released its 2026-2027 Annual Risk Outlook identifying top risks facing Canadian financial institutions including real estate secured lending risk, non-bank financial institution risk, and liquidity and funding risk. The outlook notes increased housing and mortgage pressures in some regions and expanded risks outside the traditional banking system where non-bank lenders and investment funds are taking on more borrowing. Global uncertainty may affect funding market confidence. OSFI continues calibrating regulatory capital requirements with risk weights subject to adjustment over time.