COGNICURRENT

The article discusses the hardships faced by Greek borrowers with loans in Swiss francs, highlighting financial losses and the call for loan recalculations.

South Korea's Financial Services Commission plans to extend loan regulations to include speculative one-homeowners and commercial rental operators, amid efforts to curb real estate speculation.

Ecuador's government has issued a decree regulating its Anti-Money Laundering Law in response to a recent mutual evaluation report highlighting medium-high risks of money laundering in the country.

The article discusses updates and changes in tax returns for the year 2025 in Czechia.

President Yoon Jae-myung expressed intentions to create conditions favoring sales over retention for investors and speculators owning one home for non-residential purposes.

New financial measures and regulatory changes will come into effect in France on March 1, 2026, impacting consumers with a new tax on small packages and changes in cigarette pricing.

The Italian Council of Ministers has approved a legislative decree to reform the sanctioning system of the Consolidated Financial Intermediation Act (TUF), aiming to enhance efficiency and effectiveness in financial market regulations.

Javier Tebas criticizes the Premier League for its prolonged delay in resolving Manchester City's financial charges, claiming it fosters a sense of impunity and can inflate transfer and wage markets across Europe.

Catalonia has fined 17 fast credit companies up to 100,000 euros each for abusive practices and clauses detrimental to consumers.

The police in Czechia are seeking to charge the owner of RP Invest for committing fraud that allegedly caused significant financial damages amounting to 700 million crowns.

Finnish financial regulators criticize a government proposal to extend mortgage repayment periods to 35 years, warning of increased household debt risks.

Illinois is implementing a new law in 2026 aimed at regulating student loan and educational financing agreements to protect consumers from predatory lending practices.

The Bank of Lithuania is proposing significant regulatory changes to protect customers from fraud, including requirements for banks to reimburse customer losses due to fraud.

A significant regulatory change for 'buy now pay later' services in the UK will come into effect in July 2026, imposing stricter consumer protections and oversight.

Lithuanian Prime Minister I. Ruginienė humorously dismissed a question about the funding of the political party 'Nemuno aušra', highlighting the importance of allowing institutions to handle investigations without interference.

President Yoon praised the decision to eliminate the maximum cap on rewards for reporting stock manipulation, allowing rewards up to 30% of the illegally obtained gains.

Companies benefiting from special tax treatment for dividend income must publicly announce their plans to enhance corporate value within a specific timeframe following their annual shareholder meetings.

Trude Myklebust has been appointed as a new member of Norway's Ethics Council following the resignation of Cecilie Hellestveit, who left due to concerns over the council's independence.

The South Korean financial authorities plan to introduce regulations limiting the largest shareholder's stake in savings banks with assets exceeding 20 trillion won to enhance public accountability.

Leaked documents reveal details about a substantial fine imposed on Saxo Bank, resulting from internal misconduct.

Germany's Hesse State Ministry of Economic Affairs has released a legal opinion opposing the EU's plan to centralize stock exchange supervision in Paris, citing significant legal barriers.

Major Brazilian banks are seeking regulatory changes to hold smaller financial institutions accountable after the Master bank crisis led to significant financial losses and institutional failures.

A new regulation set to take effect in the UK on March 19, 2026, will allow banks to offer higher contactless payment limits and give customers more control over their card limits.

The Argentine government has authorized brokerage firms and crypto asset service providers to accept previously informal dollars, stocks, bonds, and tokens under a simplified tax regime.

The Argentine government is facilitating efforts for individuals to deposit their hidden dollar savings directly into banks and brokerage houses without needing additional information, as part of a strategy to strengthen the economy.

The European Central Bank has fined JP Morgan €12.2 million for misreporting risk, marking the largest fine imposed by the institution to date.

The European Central Bank has imposed a record fine of 12.2 million euros on JP Morgan for providing inaccurate information regarding its risk-weighted assets.

Latvia has demonstrated significant progress in combating financial crimes, as highlighted in a recent Moneyval report.

The Independent Authority for Public Revenue (AADE) in Greece has introduced a new system that simplifies the process of lifting bank secrecy, expanding the scope of individuals subject to scrutiny for money laundering.

The Central Bank of Brazil has announced the judicial liquidation of Banco Pleno S.A., extending the same status to its affiliated company, Pleno Distribuidora, due to compliance and management issues.

Major auto manufacturers in Australia could face significant financial penalties for not meeting emissions efficiency standards introduced by the Albanese government.

The article discusses the controversial request for a financial license by Mexican legislator Patricia Armendáriz, highlighting her checkered history with financial institutions and the implications of her connections within the CNBV.

The Polish media regulator KRRiT faces challenges in resolving TV Republika's licensing issues as the station requests to pay overdue fees in monthly installments.

Financial authorities in South Korea are focusing on approximately 14 trillion won in loans for rental business operators, planning to revise loan extension practices that favor multi-homeowners.

The central bank of Lithuania has fined 'Mano bankas' €90,000 for failing to manage informational and communication technology risks adequately after a targeted inspection revealed violations.

The European Commission has proposed a blanket ban on all cryptocurrency transactions linked to Russia to combat sanctions evasion and state financing operations.

The Greek Independent Authority for Public Revenue (AADE) will closely monitor cryptocurrency transactions by Greek taxpayers, both domestically and internationally, as part of a new framework for automatic information exchange.

Sterling Financial Holdings has confirmed the full recapitalization of its banking subsidiaries in accordance with new regulatory requirements from Nigeria's central bank.

The article examines allegations of insider trading in the context of the ongoing financial mess involving Mediobanca, Monte dei Paschi di Siena, and Generali.

Israel has urged nations to enhance collaboration with the private sector to combat terrorist financing through cryptocurrencies and other virtual assets.

Czechs are increasingly finding ways to take out loans for free, including mortgages, which is raising concerns among creditors and regulators about the consequences of this practice.

China is intensifying oversight of its major banks to mitigate financial risks associated with the property sector.

A new regulatory change in the UK aims to bring Klarna and Clearpay under oversight, impacting up to 30 million Buy Now Pay Later users.

Borrowers who choose to participate in a recently passed regulation will secure stable Euro payments and significant debt relief for their Swiss Franc loans.

The European Central Bank emphasizes the need for a unified supervisory framework for the asset management sector in light of its rapid growth.

The Financial Services Commission of Korea has granted preliminary authorization to two consortiums, NextTrade and Korea Exchange, to operate fractional investment exchanges, while LucentBlock has been disqualified over fairness concerns.

New mortgage regulations in Sweden will make it easier to borrow for home purchases but complicate the process for extending existing loans.

Companies required by law to register a Compliance Officer have 20 days from notification to meet compliance criteria.

Gabriel Galípolo, the president of the Central Bank of Brazil, announced new measures to enhance market supervision and improve the regulations of the Credit Guarantee Fund (FGC) following issues with Banco Master.

New rules promising enhanced protections for buy now pay later shoppers in the UK will be implemented this summer, aimed at preventing financial overstretching for consumers.