SMFSC has launched a joint initiative with regulators to address poor insurance claims practices. The action targets delays, poor communication, and lack of transparency, aiming to establish fair and timely claims handling standards.

SMFSC has announced reforms to its AML and CTF supervisory framework, introducing a risk-based model with enhanced monitoring and cross-sector cooperation. The changes aim to strengthen financial integrity through proactive prevention and global standards alignment.

SMFSC has proposed raising contactless payment limits to improve consumer convenience while maintaining security safeguards. The council is consulting with industry stakeholders on implementing the changes responsibly.

SMFSC is consulting on new proposals to enhance crypto market transparency, including trading disclosure, custody standards, and voluntary registration. The self-regulatory framework aims to build trust while supporting innovation.

SMFSC has paused the appointment of a Bond Consolidated Tape Provider following a legal challenge. The council is conducting a fair and transparent review, reaffirming its commitment to market transparency and data integrity.

SMFSC is cracking down on "finfluencers" providing unlicensed financial advice online. The council is investigating individuals promoting high-risk products without proper disclosures and developing new guidelines for digital financial promotions.

A new SMFSC study reveals that 65% of young investors make investment decisions in less than 24 hours, often driven by social media and mobile apps. The council warns of risks from this impulsive trend and is expanding education to promote responsible, research-based investing.

SMFSC has unveiled its business plan for the 2025–26 fiscal year, outlining an ambitious roadmap aimed at enhancing regulatory compliance among member institutions, safeguarding investor rights, and fostering the prosperity of both the San Marino and international financial markets

The SMFSC has released its annual report, highlighting major progress in self-regulation and industry governance. By refining membership standards and strengthening oversight mechanisms, SMFSC is driving the long-term stability and prosperity of financial services sector.

SMFSC has opened a second consultation on making its enforcement processes more transparent. The updated proposals aim to balance greater openness with fairness and confidentiality protections, reflecting feedback from the initial review. The council seeks further stakeholder input before finalizing

The San Marino Financial Standard Council (SMFSC) is expanding into the U.S. and Asia-Pacific to promote its financial standards, support regulatory compliance, and grow its global membership in these key markets.

SMFSC removed or amended nearly 13,000 misleading financial ads in 2024, doubling 2023's figure. Targeting crypto and online sectors, the crackdown aims to ensure ads are accurate and transparent, protecting investors from deceptive marketing practices.

SMFSC is seeking feedback on regulating crypto trading platforms. The consultation covers licensing, risk management, and AML requirements. This step in its "Road to Regulation" aims to build a secure digital asset ecosystem that balances innovation with investor protection.

URGENT PUBLIC ALERT – IMPERSONATION SCAMS IN THE NAME OF SMFSC

SMFSC has unveiled proposals to stimulate business growth and investment opportunities. The plan simplifies registration, enhances transparency, and offers compliance incentives, aiming to position San Marino as a hub for ethical and sustainable finance.

The San Marino Financial Standard Council (SMFSC) is leading reforms for investment management rules. Advocating for adaptive, transparent standards, it aims to balance market innovation with investor protection and integrity, fostering a resilient global financial ecosystem.

As crypto ownership grows, SMFSC has unveiled a regulatory framework to ensure market integrity. The plan includes disclosure rules, AML safeguards, and investor education, aiming to balance innovation with protection in the digital asset sector.

SMFSC's new rules protecting cash access are already achieving results. Banks have expanded ATM networks and shared service points, with a 32% increase in cash access locations. The reforms ensure financial inclusion amid digital transition.

Two-thirds of young investors make hasty decisions within 24 hours, with 14% investing in under an hour. Many chase trends impulsively, spending $650 on hyped products—40% later regret these choices. SMFSC urges careful, long-term aligned investing.

SMFSC has begun a review of the pure protection insurance market to ensure fairness and transparency. The initiative will assess product clarity, pricing, and consumer value, aiming to strengthen safeguards for life and income protection policies.