Regulation
Basel III Rules Published in Three Quarters of Member Jurisdictions
The Basel Committee on Banking Supervision reported on 5 October 2026 that three quarters of its 27 member jurisdictions have now published regulations implementing the full set of Basel III standards, and that almost all member jurisdictions have publicly announced…
Federal Reserve Approves Fleur Capital’s Simmesport Bank Acquisition
The Federal Reserve Board on October 2, 2026, announced its approval of an application by Fleur Capital Corporation to become a bank holding company by acquiring Simmesport State Bank, both of Simmesport, Louisiana. The Board’s order, issued under section 3…
CME Group Withdraws Filing for 24/7 10-Barrel WTI Crude Oil Futures
CME Group said in an October 2, 2026 statement that it is suspending plans to launch its 10-Barrel WTI Crude Oil futures contract and is withdrawing its filing to launch the product, which the exchange had designed as the first…
Ontario Bancorporation Enters Written Agreement With Chicago Fed
The Federal Reserve Board announced on October 2, 2026, the execution of a Written Agreement, dated September 24, 2026, between Ontario Bancorporation, Inc., of Ontario, Wisconsin, and the Federal Reserve Bank of Chicago. The agreement immediately requires prior regulatory approval…
Two CFTC Divisions Extend Brexit No-Action Relief Through 2027
The Commodity Futures Trading Commission’s Market Participants Division and Division of Market Oversight announced on October 1, 2026, that they are extending temporary no-action positions taken in response to the United Kingdom’s withdrawal from the European Union, known as Brexit.…
SEC Charges Two Over $8.7 Million Fraud Targeting Veterans
The U.S. Securities and Exchange Commission announced charges on September 30, 2026, against Christopher Kenji Dinelli and Jacob David “Kobe” Frankel for allegedly orchestrating a fraud scheme that raised more than $8.7 million from 35 investors through their fund, Beyond…
SEC Votes to Propose Rules Expanding Retail Access to Private Markets
The Securities and Exchange Commission voted on September 30, 2026 to propose rule amendments aimed at expanding retail investor access to private market opportunities through regulated fund structures, according to an SEC press release. The package includes a conditional framework…
ESMA Proposes Targeted MiCA Changes for DeFi Stablecoins and Staking
The European Securities and Markets Authority (ESMA) on 30 September 2026 published its response to the European Commission’s public consultation on the review of the Markets in Crypto-Assets Regulation (MiCA), proposing targeted amendments covering token classification, decentralised finance, stablecoins, staking,…
Federal Reserve Finalizes Stress Test and Capital Buffer Rules
The Federal Reserve Board on September 30, 2026, finalized two rules that change how it runs its annual supervisory stress test and how it converts test results into stress capital buffer requirements for large banking organizations, and it separately requested…
Beneficial Ownership: Finding the People Behind Companies
A first-principles guide to Beneficial Ownership, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
Bank of England FPC Holds CCyB at 2% and Advances Leverage Reforms
The Bank of England’s Financial Policy Committee maintained the UK countercyclical capital buffer (CCyB) rate at 2% and agreed to proceed with a package of proposed leverage ratio reforms that the Bank expects to consult on in early 2027, according…
FCA Opens Authorisation Gateway for Crypto Firms Under New UK Regime
The UK Financial Conduct Authority opened authorisation applications for cryptoasset firms on 30 September 2026, starting the application window for the country’s new cryptoasset regulatory regime. Firms that intend to continue operating in the UK should apply by 28 February…
FDIC and Federal Reserve Identify No Shortcomings in 15 Living Wills
The Federal Deposit Insurance Corporation and the Federal Reserve Board on September 29, 2026, published feedback letters on the 2025 resolution plans of 15 banking organizations with over $250 billion in assets, and the agencies did not identify any shortcomings…
SEC Charges Cryptoaiml and TSAI Entities Over $15 Million Fraud
The Securities and Exchange Commission on September 29, 2026 announced fraud charges against Cryptoaiml Ltd., Cryptoaiml Capital Foundation, TSAI Pro Ltd., and TSAI Capital Foundation, entities the agency said are likely operated by individuals located overseas, accusing them of defrauding…
ECB Publishes Amended Eurosystem Collateral Rules in Regular Review
The European Central Bank published amendments to its guidelines on the implementation of monetary policy in the Eurosystem on 29 September 2026, setting out changes to the Eurosystem collateral framework that will apply as of 30 November 2026 as part…
