BIL fined €3.255 million for internal model breach
The European Central Bank has imposed an administrative penalty of €3.255 million on Banque Internationale à Luxembourg (BIL).
The Hong Kong Monetary Authority and the Central Bank of the Republic of Türkiye have signed a Memorandum of Understanding to strengthen cooperation on financial innovation.
The Single Resolution Board (SRB) published its 2025 Annual Report today, highlighting significant progress in making the European banking sector more resolvable and resilient.
The number of fraudulent transactions in the Dutch payments system rose by 30 percent in 2025 to 658,000 cases.
The European Banking Authority (EBA) has published its 2025 Report on supervisory convergence, advocating for a simpler and more efficient EU prudential framework.
The European Central Bank has imposed an administrative penalty of €3.255 million on Banque Internationale à Luxembourg (BIL).
The Banco de México announced it will complement its liquidity management tools by repurchasing Cetes and/or Bondes F. These operations will begin in the third quarter of 2026.
The Financial Stability Board will host a virtual outreach event on July 7, 2026, to inform stakeholders about its consultation on sound practices for financial institutions' responsible adoption of artificial intelligence.
The Single Resolution Board (SRB) has introduced a new procedure to accelerate the approval of early redemptions for eligible liabilities instruments.
The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) concluded the first phase of a review on distributed ledger technology (DLT) adoption.
The European Banking Authority (EBA) has published a roadmap detailing the delivery of its mandates under the revised Deposit Guarantee Schemes Directive (DGSD).
The Bank of Russia has outlined its foreign exchange market operations for the National Wealth Fund's resources from July 1 to December 31, 2026.