AI Governance

APRA's June 2026 quarterly ADI statistics show industry net profit after tax up 7.5% to AUD $42.5 Billion, with capital ratios stable at 20.5%. Mortgage credit grew 7.0% and investment lending's share rose, while the minimum liquidity holdings and net stable funding ratios declined. Compliance teams should use these figures to benchmark their institutions and anticipate supervisory focus on lending standards and funding resilience.

The Canadian Securities Administrators (CSA), through the Ontario Securities Commission, has published a notice and request for comment on proposed amendments to National Instrument 81-102 Investment Funds. The amendments would provide exemptions from certain repurchase transaction requirements for investment funds. Only the title and metadata were available for this review, so compliance teams should read the full PDF before relying on any detail below.

The FCA's Feedback Statement FS26/2 concludes that FCA regulation is not a major barrier to SME access to finance, though it identifies frictions in duplicated customer checks, Consumer Credit Act (CCA) requirements, and broker incentives. The FCA will focus on three workstreams: digital verification, proportionate CCA reform, and open finance. Compliance teams at lenders, brokers, and fintechs should prepare for changes affecting onboarding, regulated lending, and data sharing.

The September 17, 2026 OSC Bulletin publishes Staff Notice 81-741 (the Investment Management Division Annual Summary Report), approval of an extension to the coordinated blanket order on repurchase transaction exemptions for investment funds, and a related CSA request for comment on proposed National Instrument 81-102 amendments. Investment fund managers and registrants should review these items for supervisory priorities, relief expiry and comment opportunities. The issue also carries Tribunal scheduling orders and several decisions that are mostly procedural.

An FCA review found no evidence that its regulation is a major barrier to SME access to finance. It identified market, information, and capability challenges instead, especially for microbusinesses. The FCA will focus on Consumer Credit Act reform, open finance (with SME lending prioritized), and monitoring digital verification, so firms in SME lending and customer due diligence should prepare for upcoming consultations.

BaFin has issued a public warning that the operators of roipax(.)de are offering banking and/or financial services in Germany without the required authorization and are not supervised by BaFin. Compliance teams should treat this as an actionable fraud and sanctions-screening signal, since the domain may appear in customer transactions, payment flows, or onboarding activity.

De Nederlandsche Bank (DNB) fined trust company Erez Corporate Service BV EUR $95,000 for failing to have an audit performed for 2019, as required under the Trust Offices Supervision Act 2018 (Wtt 2018) and the Trust Offices Supervision Decree 2018 (Btt 2018). The fine became irrevocable after Erez withdrew its appeal. Compliance teams at regulated trust offices should note that DNB treats the annual audit as a core integrity safeguard and enforces it with financial penalties.