Hong Kong’s Securities and Futures Commission has reached a landmark agreement with PricewaterhouseCoopers Hong Kong that will see the audit firm set aside approximately $128 million (HK$1 billion) to compensate certain shareholders of China Evergrande Group, marking a rare instance of auditors contributing directly to investor restitution.
Norway’s financial regulator, Finanstilsynet, has set out a broad and pointed supervisory agenda for 2026, signaling a year defined by heightened attention to resilience, financial crime, and the stability of an increasingly complex financial system.
The European Commission is refining one of the most technically demanding pieces of post-crisis banking reform, launching a public consultation on how European banks should calculate market risk under the Fundamental Review of the Trading Book, or FRTB.
Italy’s competition authority has opened a formal investigation into Booking.com, raising questions about whether the platform’s most prominent listings are being presented in a way that could mislead consumers.
The Financial Conduct Authority and the Prudential Regulation Authority have set in motion the first phase of a significant overhaul of the UK’s Senior Managers and Certification Regime, signaling a shift toward a more streamlined and flexible approach to oversight while holding firm on the principle of individual accountability.
U.S. banking regulators have taken a fresh pass at one of the industry’s most foundational risk disciplines, issuing updated guidance on how banks should manage the growing web of models underpinning modern finance.
The Office of the Comptroller of the Currency has released its April 2026 enforcement actions, with a consent order against The Federal Savings Bank drawing particular attention for its focus on deceptive lending practices tied to loans for veterans.