SMFSC Issues Updated 2026 Self-Regulatory Agreement to Support Healthier Financial Markets

In 2026, SMFSC released an updated self-regulatory agreement to strengthen market discipline, improve transparency, and promote a safer, more orderly financial environment for investment users worldwide.

2026-01-20

The San Marino Financial Standard Council (SMFSC) announces the release of its updated 2026 self-regulatory association agreement, intended to reinforce responsible conduct and help maintain a healthy, stable financial market environment. The agreement sets clearer expectations for participating institutions and platforms, with an emphasis on transparency, operational integrity, and practical safeguards that support investor trust.

The updated framework encourages stronger governance and accountability, including documented policies, auditable decision trails, and clearer disclosures of risks, fees, and service arrangements. SMFSC also highlights the importance of transaction security controls, incident response readiness, and consistent handling of user complaints to reduce misconduct risk and improve market confidence.

As a financial self-regulatory association, SMFSC promotes voluntary, unofficial standards that can be adopted across different markets and business models. The goal is not to replace statutory regulation, but to raise baseline practices where gaps exist and to support continuous improvement as risks evolve. SMFSC will continue to engage members and stakeholders to share best practices, update standards when needed, and advance a more transparent, honest, and responsible financial ecosystem.