COGNICURRENT

A meeting of Premier League clubs revealed frustration over Chelsea's recent financial punishment, emphasizing the divisions within the league regarding financial regulation.

CLT consigned credit in Brazil has loaned R$ 84 billion in its first year, highlighting its significance in providing formal credit access to previously underserved workers.

Canadian securities regulators have introduced a pilot project allowing smaller public companies to report finances semi-annually instead of quarterly to reduce regulatory burdens.

The Central Bank of Argentina has restricted banks to distributing only 60% of their profits for the year 2025 to shareholders, maintaining prior regulations.

The Public Ethics Commission has initiated a process to examine a complaint regarding former Central Bank president Roberto Campos Neto's alleged negligence in overseeing Banco Master.

The cryptocurrency sector faced significant defeats in the Illinois primaries despite substantial financial investments aiming to influence political outcomes in favor of pro-crypto candidates.

The new Redditometro 4.0 is a modernized tool introduced in Italy to detect tax evasion by comparing declared income with actual spending.

The article discusses a new decree in Italy that establishes a two-month monitoring regime for fuel prices, involving financial oversight to prevent unjustified price increases.

Major UK banks have informed customers about new rules regarding contactless card payment limits starting March 19, 2026, allowing for potentially higher limits based on fraud control measures.

UK banks have decided to maintain the £100 limit on contactless card payments despite the Financial Conduct Authority's removal of the cap, citing a lack of consumer demand for higher limits.

A report by the UK's Financial Conduct Authority reveals that Meta's platforms published over a thousand ads for currency trading and complex financial instruments, many of which were unauthorized.

BRB (Banco de Brasília) has requested an extension from the Central Bank to announce its 2025 results and propose solutions to address the deficit caused by fraudulent transactions involving Banco Master.

Despite a 90 trillion won jackpot from investments made by Samsung Life Insurance, the company has failed to distribute promised dividends to its policyholders over the past 40 years.

The US SEC has issued new guidance categorizing cryptocurrencies and detailing how certain assets can be treated under securities laws.

Experts warn that capping loan repayments may drive individuals towards loan sharks due to financial pressure.

The Latvian government is transferring the oversight of the lottery and gambling sectors to the State Revenue Service to enhance efficiency in tax and financial regulation.

Recent accusations from the United States regarding money laundering practices have shaken the Mexican banking sector, leading to increased scrutiny and potential risk for banks operating in the country.

The case regarding the broadcasting concession for TV Republika has gained attention as the National Broadcasting Council sets a deadline for payment.

Nigeria recorded approximately $96 billion in cryptocurrency transactions, prompting the need for stronger regulatory oversight in the digital asset market.

The court upheld the Central Bank's decision to revoke 'Foxpay's license, citing the owner's non-compliance with legal requirements.

South Korea's Financial Supervisory Service (FSS) is now authorized to independently investigate stock price manipulation cases, streamlining the process and reducing the risk of evidence tampering.

The article reflects on Siim Tammer's transition from aspiring journalist to a significant role within Estonia's Financial Supervision Authority, influenced by a family legacy in journalism and a personal experience with criminal accusations.

A new proposal in Poland aims to expand the reporting requirements for consumer credit information, potentially strengthening a monopoly within the financial information exchange system.

The Argentine National Securities Commission has ordered an immediate halt to the operations of ARGt, a stablecoin designed to maintain a 1:1 parity with the Argentine peso, due to concerns over investment claims.

New regulations in Canada cap non-sufficient funds (NSF) fees at $10, aimed at alleviating financial burdens on low-income individuals.

The Bank of Lithuania has fined the payment institution ValorPay €30,000 for regulatory violations, which the company voluntarily acknowledged and is taking steps to rectify.

The six largest economies in the EU, including Spain, are calling for increased powers for the European stock market supervisor to enhance capital market integration.

Starting in October, victims of voice phishing who have lost virtual assets will be eligible for refunds under a new law.

Samsung Life has reported ongoing deficits in its dividend insurance contracts, indicating that even if it sells some holdings in Samsung Electronics, it will still struggle to generate funds for dividends for policyholders.

The Argentine government has introduced a simplified income tax regime aimed at encouraging citizens to deposit previously unreported dollars into the formal financial system.

The Central Bank of Brazil has announced the extrajudicial liquidation of Dank Sociedade de Crédito due to severe financial distress and violations of legal norms.

The European Central Bank has fined Nordea Finance Finland Oy for incorrectly reporting credit risks between 2021 and 2024.

The Korea Exchange reported 98 unfair trading violations last year, the majority (58 cases) involving insider trading.

Andrés Rodríguez Ledermann, CEO of Ualá Mexico, emphasizes that new financial firms seeking to become banks in Mexico face stringent regulatory challenges that will test their success stories and strategies.

The Financial Services Commission has decided that financial institutions participating in the National Growth Fund will not face sanctions from the Financial Supervisory Service if they incur losses without intent or serious negligence.

The Estonian Administrative Court ruled that the state lacks the legal basis to request bank account statements from banks without precise laws guiding such requests, a decision contested by the anti-money laundering bureau.

Major US banks are contemplating a lawsuit against a federal regulator over new licensing rules for crypto and fintech companies that they argue jeopardize consumer safety and the financial system.

South Africa's Competition Commission imposed financial remedies on Google but not on Meta, raising questions about regulatory effectiveness and transparency.

The article discusses the concerns of the Icelandic government over the state of the stock market.

The Greek Council of State upheld the legality of required financial guarantees and fees for foreign private universities wishing to operate in Greece, rejecting appeals from several institutions.

The INSS in Brazil has withheld BRL 118 million from PicPay due to illegal fees charged on advances granted to retirees and pensioners.

Banco de Brasília (BRB) has been listed as a defaulter by the Securities and Exchange Commission (CVM) for not submitting necessary quarterly documents.

A precautionary measure has suspended the effects of a resolution related to the forced liquidation of the Incoop cooperative in Ambato, allowing it to continue operations.

Banco Nación launches a humorous advertisement urging Argentinians to deposit cash savings instead of keeping them hidden at home.

The president of Brazil's INSS has declared the Credcesta credit card operated by Master as irregular, lacking legal support and incorrectly omitting interest rates, leading to potential contract cancellations.

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.