On 13 January 2026, the G7 Cyber Expert Group (G7 CEG) issued a statement on advancing a coordinated roadmap for the transition to post-quantum cryptography in the financial sector. The statement follows an earlier statement that the G7 CEG issued in September 2024 which highlighted the benefits and risks associated with quantum computing.
Africa
IRSG report on AI in financial services: emerging global norms
On 12 January 2026, the International Regulatory Strategy Group (IRSG) published a report mapping how jurisdictions are approaching artificial intelligence (AI) in financial services. The report identifies where global coherence is emerging and outlining practical steps for policymakers and regulators to promote the safe and responsible innovation of AI.
Key findings…
AML Enforcement on the Rise
In the first instalment of our global horizon scanner series, our team consider the growing trend of increased regulatory enforcement relating to anti-money laundering.
Although there is some variation in these priorities between regulators, we have seen an increase across the board in enforcement actions. We take a look at jurisdictions where there have been…
Operating in a world of considerable challenge – FSB Chair’s letter to G20
On 20 November 2025, the Financial Stability Board (FSB) published a letter from its Chair to G20 leaders ahead of their summit on 22-23 November 2025.
In his letter FSB Chair, Andrew Bailey, refers to the challenging economic outlook, noting that the FSB is operating in a “world of considerable challenge”, and calls…
Basel Committee meeting focuses on financial stability, digitalisation and Basel III implementation
- The use of synthetic
Open Finance in focus: From Open Banking to Open Finance across the UK, EU, Australia, and the US
Join us at our next webinar examining how jurisdictions are progressing from Open Banking to Open Finance, including updates on the Open Finance regimes in the UK, EU, Australia, and the US.
Our Global Financial Services Regulation team will be joined by Simone Plances, a Smart Data Accelerator Manager from the Financial Conduct Authority who…
FSB issues fourth AI report
On 10 October 2025, the Financial Stability Board (FSB) issued a report that examines how financial authorities can monitor artificial intelligence (AI) adoption and assess related vulnerabilities. The report builds on the FSB’s 2024 report and incorporates findings from a member survey on AI monitoring approaches, interviews with member authorities, publicly…
FSB publishes reports on its work on NBFI
- Leverage in NBFI: Final report. This final report addresses financial stability risks created by NBFI leverage, focusing on risks that may arise: (i) in
Regulation Around the World: Issue 15 – Open Finance
In this latest issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance, asking six key questions in the following jurisdictions: United Kingdom, United States, Canada, EU, Luxembourg, France, Italy, Poland, Hong Kong, China, UAE, Australia and South Africa.
Read the issue here.
IOSCO final report on updated liquidity risk management recommendations for CIS
On 26 May 2025, the International Organization of Securities Commissions (IOSCO) published a final report on revisions to its 2018 Recommendations for Liquidity Risk Management for Collective Investment Schemes. Overall, IOSCO is publishing a total of 17 recommendations under a revised structure with six sections, namely the CIS Design Process, Liquidity Management…