Global Regulatory News and Updates

This week's Global Regulatory Briefing 

• The Bank of England published a discussion paper on central counterparty resolution execution covering resolution powers, creditor hierarchy, statutory partial tear-up powers, and resolvability outcomes. CCPs must deploy recovery tools on the Bank's instruction and provide timely data to the Bank, HM Treasury, and independent valuers.
• The European Commission issued draft guidelines for classifying AI systems as high-risk under the EU AI Act — stakeholder feedback open until June 23, 2026. The EU is also tracking 2030 clinical trial targets including 500 additional multinational trials via the FAST-EU initiative.
• Malta's Financial Services Authority launched a public consultation on tokenisation of financial instruments and real-world assets, exploring distributed ledger technology integration, token registries, and interoperability.
• In Australia, ASIC set its financial reporting, audit, and sustainability focus areas for 2026-27 including decommissioning cost disclosures and updated sustainability reporting guidance.
• In the United States, Bolton Medical issued a voluntary field safety notice for the RelayPro Thoracic Stent Graft System due to device release failures including fatal outcomes. 
• In California, the Department of Financial Protection and Innovation waived mortgage insurance requirements for state-chartered credit unions.
• In Spain, MITECO proposed modifications to the 2021-2026 electricity transmission network plan. 
• In Greece, listed companies face updated corporate governance and ESG compliance obligations.

Carver RegWatch delivers weekly regulatory intelligence across jurisdictions. Published May 24, 2026.

For more information, visit the Carver Agents website.

Also from Carver RegWatch this week:

• This Week in AI Regulations — EU AI Act high-risk classification guidelines, CNIL €487M record fines, China AI deepfake enforcement
• ASEAN RegWatch — Bank Indonesia 50bps rate hike to 5.25%, MAS revokes Bsquared payment licence, Singapore insider trading convictions
• USA Regulatory Updates — SEC novel ETF regulatory review, California Hermes Bitcoin kiosk enforcement, IOSCO AI supervisory toolkit
• EU Regulatory Updates — EU AI Act consultation deadline June 23, CNIL cybersecurity enforcement priorities 2026, EU Solidarity Fund climate allocation
• Middle East RegWatch — OFAC Adani $275M Iran sanctions settlement, OFAC Amin Exchange designation, UAE Drupal CVE-2026-8495 cybersecurity alert
• India Regulatory Updates — RBI restricts Nagar Sahakari Bank, RBI cancels Yashwant Co-operative Bank licence, SEBI Investor Onboarding Regulatory Sandbox

Find all series at The Carver Agents Podcast 

Articles mentioned:

1. Commission seeks feedback on the draft guidelines for the classification of high-risk artificial intelligence systems
2. ASIC sets financial reporting, audit and sustainability focus areas for FY 2026–27
3. El MITECO propone una tercera Modificación de aspectos puntuales de la Planificación de electricidad con horizonte 2026
4. Central counterparty resolution execution and resolvability outcomes
5. Malta Financial Services Authority Launches Consultation on the Tokenisation of Financial Instruments and Real-World Assets
6. Credit Unions
7. EU tracks progress towards 2030 clinical trial targets
8. Urgent Field Safety Notice for Sharpoint 2.2MM, ANGLED, DOUBLE- BEVEL Microsurgic by Surgical Specialties Mexico S. DE R.L. DE C.V.
9. RelayPro Thoracic Stent Graft System
10. Ετήσιες Εκθέσεις

This episode delves into significant regulatory updates across multiple sectors including the Emissions Trading System (ETS), government securities auctions, Colorado state regulations, advertising and marketing enforcement, and the FCC’s upcoming Auction 114.

Notably, the FCC is preparing Auction 114 to offer 132 FM radio construction permits using a simultaneous multiple-round auction format featuring anonymous bidding to protect bidder identities. This auction marks a milestone as the first FM auction since restoration of auction authority, with detailed procedures open for public comment.

In the European Union, the ETS benchmarks have been updated to reflect the latest performance data of efficient installations, extending free allocation to indirect emissions for select product benchmarks. Member States must adopt these updated benchmarks by the end of June 2026 to ensure timely allocation of free allowances.

Meanwhile, India’s Reserve Bank outlined the auction process for Government of India dated securities, specifying electronic bid submission windows and payment deadlines critical for market participants.

Colorado has enacted various regulatory changes across revenue, public health, education, and regulatory agencies, emphasizing compliance deadlines and opportunities for stakeholder input on proposed rules.

For more information, visit the Carver Agents website.

Articles mentioned:

1. FCC Plans FM Radio Auction
2. Questions and answers on the EU Emissions Trading System benchmarks
3. Child Health Plan Plus Assurance Language State Plan Amendment
4. Jena Antonucci, In the Matter of (timeline item)
5. More teachers, smaller classes | Plus d’enseignants pour de plus petites classes
6. Cardiovascular diseases – health checks
7. Auction of Government of India Dated Securities
8. FCC Announces CSRIC X Membership and Seeks Working Group Nominations
9. Reign Financial International, LLC and Related Litigation
10. B.E.S.T. GDR, LLC, et al., United States and State of Illinois v.

This episode explores significant regulatory developments spanning vaccines, defence industry initiatives, advisory committees, carbon pricing mechanisms, and options market reforms.

Key updates include the FDA Vaccines and Related Biological Products Advisory Committee's upcoming review of the COVID-19 vaccine formula for the 2026-2027 season, offering public participation via webcast and teleconference. In defence, the European Union has launched major funding programs such as the €1.5 billion European Defence Industrial Development Programme and the €115 million AGILE tool to bolster strategic autonomy and innovation.

Environmental cooperation advances with the EU, Brazil, and China initiating a coalition to enhance carbon market integrity, focusing on harmonized carbon pricing and accounting standards to support the Paris Agreement. Additionally, regulatory reforms in the US options market include the SEC approval of the FINRA rescission of the Pattern Day Trading Rule and an industry-led Options Regulatory Fee reform effective July 2026.

For more information, visit the Carver Agents website.

Articles mentioned:

1. OAI / SBG / SB OAI JV
2. Fixing Failures to Communicate
3. GBL / CVC / RAYNER
4. EU, Brazil and China launch open coalition to boost integrity and effectiveness of carbon markets
5. SEM schreibt Betreuungsdienstleistungen in Bundesasylzentren neu aus
6. May 11, 2026 - Pre-Agenda
7. EU and India Launch Major €15.2 Million/~₹169 Crore Joint Initiative to Revolutionize EV Battery Recycling under the India-EU Trade and Technology Council (TTC)
8. Vaccines and Related Biological Products Advisory Committee Meeting May 28, 2026 Announcement - 05/28/2026
9. RSS
10. Hantavirus Outbreak

This episode provides an in-depth review of regulatory updates affecting key sectors including vulnerability management, Central Counterparties (CCPs), Economic Injury Disaster Loans (EIDL), law enforcement arrests, and Commodity Futures Trading Commission (CFTC) compliance.

Highlights include the Small Business Administration's continued support through EIDLs for drought-affected businesses in Washington and Oregon, offering loans with favorable terms to assist recovery efforts. The European Securities and Markets Authority (ESMA) has initiated its sixth stress test exercise for CCPs, incorporating a new recovery and resolution component to strengthen financial stability across 16 CCPs in Europe and the UK.

Additionally, the CFTC has granted an extension to Nodal Clear’s compliance deadline for amended daily reporting requirements until October 31, 2026, adopting a no-action position to facilitate thorough testing. In health and safety news, Insulet Corporation recalled certain Omnipod 5 insulin pump pods due to potential internal tubing defects posing serious health risks.

For more information, visit the Carver Agents website.

Articles mentioned:

1. SBA Relief Still Available to Washington Small Businesses and Private Nonprofits Affected by Drought
2. ESMA launches its sixth stress test exercise for Central Counterparties
3. CP26/15: Reviewing the financial promotions rules for consumer credit
4. 26-11
5. Update des Leitfadens für Anlagen zu Verbrennung von Siedlungsabfällen veröffentlicht
6. CamSA26-11 - Apr 27, 2026 - ក្រុមហ៊ុន Adobe ចេញផ្សាយការអាប់ដេត សុវត្ថិភាព ប្រចាំខែមេសា ឆ្នាំ២០២៦
7. Insulin Pump Recall: Insulet Removes Certain Omnipod 5 Pods
8. Midlands men arrested on 11 Child Sexual Abuse Material* charges
9. Raising the Limit to $10 Million Reflects the Demand for Same Day ACH
10. Manitoba Government Cracks Down on Impaired Drivers

This episode covers pivotal regulatory developments spanning the Committee for Medicinal Products for Human Use (CHMP), supply tension management, shortage prevention, environmental carbon reduction initiatives, and sewage discharge legal actions.

Key topics include France’s strict contingentment protocol on Etopophos 100 mg, requiring mandatory prescription validation to prioritize critical patient use. The European Commission’s Executive Steering Group meeting highlights enhanced legislative frameworks mandating shortage prevention plans and supply interruption notifications for marketing authorisation holders.

Additionally, the podcast reviews China’s comprehensive carbon peak and energy-saving policy focusing on industrial efficiency improvements and legal support frameworks. It also outlines a federal complaint against DC Water over sewage discharge violations connected to infrastructure failure.

For more information, visit the Carver Agents website.

Articles mentioned:

1. Tensions d’approvisionnement en Etopophos 100 mg (phosphate d’étoposide) : contingentement qualitatif strict à partir du 23 avril 2026
2. [Latest News]
3. Use of macrolides, lincosamides and streptogramins (MLS) in animals in the European Union - Scientific guideline - 2026-04-24
4. Thédéen: Vulnerabilities and resilience in a new world order
5. Press release - Rule of law in the EU: press conference on Tuesday 28 April at 15.30 CEST
6. Minutes - Executive steering group on shortages and safety of medicinal products (MSSG) - 23 March 2026 - 2026-04-24
7. EPA Seeks Public Input for Proposed Plan to Address Groundwater Contamination at Baird & McGuire Superfund Site
8. United States Files Complaint Against DC Water in Response to Potomac Interceptor Collapse
9. 20/04/2026 - Agenda of CHMP meeting 20-23 April 2026
10. 更好发挥节能降碳对推进碳达峰碳中和支撑作用——解读《关于更高水平更高质量做好节能降碳工作的意见》

This episode dives into significant regulatory developments affecting AI agent deployment, power cost adjustments in Alaska, and consumer protection enforcement actions, alongside updates on SBA disaster relief loans and international veterinary medicine harmonization under the ADRA project.

One major update includes the prohibition in France of deploying autonomous AI agents like OpenClaw on production workstations until stringent security measures are proven, restricting usage to isolated test environments and enforcing strict workstation security policies.

In Alaska, tariff updates impacting power cost equalization subsidies and balancing account calculations will take effect late May 2026, reflecting fuel cost increases and revised eligibility criteria for residential and commercial customers.

Additionally, the FTC has issued a permanent order against Forever Living and its operators, banning deceptive earnings claims in their multi-level marketing scheme to better protect consumers.

For more information, visit the Carver Agents website.

Articles mentioned:

1. Alaska Regulatory Commission Tariff Filing A196C60A
2. Alaska Regulatory Commission Tariff Filing D0B76E71
3. FTC Order to Prohibit Forever Living and its Operators from Deceiving Consumers about Potential Earnings
4. SBA Relief Still Available to Missouri Small Businesses and Private Nonprofits Affected by July Storms
5. Alaska Regulatory Commission Tariff Update 51CEB716
6. Shane Monte Silva Banned for Five Years over Flawed Shield and First Guardian Advice
7. Operational Guide to Transfer Resolution - Bank of England
8. Implementation of the Adjustments from the EU ADRA Project
9. CERTFR-2026-ACT-016: Vulnerabilities and Risks of Autonomous AI Agent Products
10. Cyber Risk Stress Testing for Banks

This episode delivers comprehensive regulatory updates spanning multiple sectors including barred individuals in securities, opioid dependence treatment protocols, product recalls, care quality enforcement, and property tax requirements.

Among the major updates, the Swiss Federal Food Safety Office has issued a recall for Salmonella-contaminated soft cheeses sold by prominent retailers, urging immediate consumer caution and retailer compliance. Meanwhile, the U.S. SEC has barred two individuals for fraudulent securities activities, underscoring the importance of regulatory vigilance in financial markets. Additionally, the World Health Organization has released updated opioid dependence treatment guidelines endorsing methadone, oral buprenorphine, and conditional use of long-acting injectable formulations.

These developments highlight evolving regulatory landscapes impacting public health, financial integrity, and compliance obligations across jurisdictions.

For more information, visit the Carver Agents website.

Articles mentioned:

1. Öffentliche Warnung: Salmonellen in verschiedenen Weichkäsen
2. Návrh Seznamu cen a úhrad PZLÚ k 10. 4. 2026
3. Aanwijzing: Derman Woonzorg in De Steeg moet de zorg staken
4. PRESS RELEASE: Texas Businesses: April 15 is Deadline for Filing Property Tax Renditions
5. Texas Businesses: April 15 is Deadline for Filing Property Tax Renditions
6. Administrative Proceedings: Danny M. Salinas and Mai T. Nguyen
7. WHO updates guidelines on opioid dependence treatment and overdose prevention
8. Combat Fraud Before It Starts: How account validation can aid in ACH monitoring.
9. KLB Campak 2026, BPOM Beri Izin Penggunaan Vaksin untuk Dewasa
10. Attivazione web e pubblicazione schede di monitoraggio - Registro CARVYKTI

This episode delves into significant regulatory updates across financial and utility sectors, focusing on ECB's enhanced supervision of banks' internal models, recent power outage events in Alaska, and updated fuel surcharge policies affecting electricity rates.

The European Central Bank is shifting from an ex ante to an ex post framework for assessing material changes in banks' internal models, allowing quicker implementation while maintaining stringent internal controls and a regulatory capital floor. This move simplifies procedures and reduces prior approval requirements under new European Banking Authority criteria.

In Alaska, recent fuel price increases have led to a higher fuel surcharge per kilowatt-hour, impacting total electricity rates for consumers starting with the current billing cycle. Moreover, the Alaska Power Company experienced multiple weather-related outages affecting hundreds of customers, with detailed incident reporting and customer support measures.

Additionally, the adoption of remote sensing and big data in China's National Agricultural Census introduces innovative methods for multi-party data collection and enhanced quality control.

For more information, visit the Carver Agents website.

Articles mentioned:

1. 2026-03-30 - 李强签署国务院令 公布修订后的《全国农业普查条例》
2. Millions of car finance customers to get payouts this year as FCA goes ahead with compensation scheme
3. View File(s) - Alaska Regulatory Document
4. Avviso per il conferimento di posti di funzione dirigenziale di livello non generale di direzione dell'Ufficio del sistema informativo del farmaco
5. Chikungunya Vaccine Vimkunya with French Labelling Available Again in Germany
6. View File(s) - Alaska Regulatory Document
7. L2600127 - Alaska Regulatory Order
8. Tassi di riferimento relativamente alle operazioni di credito agevolato da stipularsi nel mese di aprile 2026
9. View File(s) - Alaska Regulatory Document
10. ECB streamlines how it supervises banks' internal models

This episode provides in-depth coverage of recent regulatory changes impacting sectors including Conditional Reimbursement, Pediatric healthcare, Homemade Silencer enforcement, Drug Registration, and One Health initiatives.

Key highlights include the European Union's positive CHMP opinion on Joenja, an immunostimulant for APDS patients aged 12 and older, granted under exceptional circumstances with specific medical oversight. Additionally, the EU's upcoming mandatory use of EUDAMED modules for medical device registration will streamline compliance for market operators.

In Denmark, Buccolam 2.5 mg gains general conditional reimbursement for treating convulsive seizures in infants aged 6 to 12 months, marking a significant pediatric healthcare development. Meanwhile, Nigeria's revised drug registration guidelines introduce a risk-based categorization system promoting local manufacturing under a ‘5 plus 5’ technology transfer policy.

For more information, visit the Carver Agents website.

Articles mentioned:

1. Human medicines European public assessment report (EPAR): Joenja, leniolisib, Status: Opinion
2. Mandatory Use of EUDAMED modules for medical devices
3. Revised Guidelines for Risk Categorization of Product Dossiers for the Registration of Drug Products for Human Use 2024
4. Gainesville Man Pleads Guilty to Unlawful Possession of a Homemade Silencer (DOJ)
5. Convicted Felon Pleads Guilty to Unlawful Possession of Ammunition (DOJ)
6. Buccolam 2,5 mg får generelt klausuleret tilskud
7. Seznam cen a úhrad PZLÚ k 1. 4. 2026
8. 27/03/2026 - PCWP/HCPWP joint meeting

This episode covers significant regulatory updates spanning multiple sectors including trade measures, property taxation, environmental legislation, and intellectual property enforcement.

Key highlights include Ukraine’s affirmation to extend anti-dumping duties on Chinese steel wire products for five more years, affecting import-export compliance. Rhode Island’s introduction of a new tax on non-owner occupied properties exceeding one million dollars is detailed, outlining owner obligations and exemption procedures. Additionally, the European Commission’s call for evidence aims to refine the Water Framework Directive to enhance resource resilience and streamline regulatory bottlenecks.

In the US, the International Trade Commission has closed patent infringement investigations related to small microwave ovens following complaint withdrawal, while Missouri’s labor department reminds employers of the prevailing wage objection deadline. These updates reflect ongoing regulatory shifts impacting companies across jurisdictions.

For more information, visit the Carver Agents website.

Articles mentioned:

1. Revocation of Business License of PT Tennet Depository Indonesia as Provider of Depository Facility for Digital Financial Assets Including Crypto Assets
2. 国务院关于修改《社会团体登记管理条例》的决定
3. 2026-03-17 - 反倾销 - 乌克兰对华钢丝绳和钢缆作出反倾销日落复审终裁
4. 2026-03-17 - 337调查 - 美国ITC发布对小型微波炉
5. Prevailing Wage Objection Period Ends April 9 - 2026-03-17
6. DOETH : notification des effectifs par l'Urssaf
7. ADV 2026-09 - 16.03.2026 - Guidance Regarding the Non-Owner Occupied Property Tax
8. Commission launches call for evidence on targeted revision of EU water legislation
9. Jason Scott, DVM, In the Matter of
10. March 17, 2026 - Jason Scott, DVM, In the Matter of (timeline item)