Cybersecurity Oversight: China’s top financial regulator proposed sweeping cybersecurity rules for banks and insurers, with tiered incident reporting and faster executive accountability for major outages and data breaches. Rates & Mortgage Stress Tests: After the OCR move, New Zealand banks kept serviceability test rates steady, but forecasts diverge on how high rates may go—important for borrower capacity. Consumer Credit Risk: U.S. regulators (OCC, FDIC, NCUA) issued guidance urging banks to factor immigration-related employment volatility into underwriting for undocumented workers. FX & Reserves: The dollar’s share of global reserves fell to the lowest level this century, signaling continued reserve diversification by central banks. Precious Metals: Gold and silver slid after renewed Gulf strikes, as oil jumped and investors reassessed monetary-policy pressure. Banking Compliance Sanctions: The Philippines’ BSP proposed tougher enforcement under the Financial Products and Services Consumer Protection Act, including potential director/officer suspension and cease-and-desist orders. Payments Modernization: TD rolled out Clover’s all-in-one commerce and payments platform in Canada, bundling POS, processing, e-commerce tools, and business management. Dealmaking: Aditya Birla Renewables agreed to buy Shell’s India renewables unit for $1.8bn, while Quadria-backed Maxivision hired bankers for a planned 2027 IPO. Scams & Customer Protection: A Mississippi sheriff’s team is working with local banks to warn residents about phone scams that push victims into fraudulent wire transfers.