SMFSC is expanding its San Marino headquarters, creating dozens of new roles in compliance, research and digital innovation. The growth strengthens local employment and reinforces the council's capacity to develop financial standards and regulatory frameworks.

SMFSC leads global action against financial influencer fraud, uniting 15 regulators. Fighting $1.2B in losses from fake promotions, it introduces influencer verification and public reporting.

SMFSC has introduced a new framework to strengthen San Marino's wholesale financial markets. The rules focus on transparency, trading mechanisms and cross-border cooperation, aiming to build a dynamic institutional market aligned with global standards.

SMFSC has taken its first enforcement action against a firm facilitating unregulated crypto trading. The firm was ordered to suspend unauthorized activities and implement compliance measures, marking SMFSC's strengthened oversight of digital assets.

SMFSC has overhauled San Marino's listing rules to attract SMEs and tech firms. The reforms streamline procedures, introduce an innovation segment, and align with global standards, aiming to enhance market competitiveness and investor protection.

Lo SMFSC sta esaminando le app trading per funzioni ludiche come premi e animazioni che incoraggiano trading impulsivo. Il Consiglio avverte che questi design banalizzano il rischio finanziario.

SMFSC has confirmed new anti-greenwashing guidance and proposed extending its sustainability framework. The measures require financial firms to substantiate ESG claims with evidence and enhance climate risk disclosures, aligning with international standards.

Personal finances are gradually improving overall, yet significant numbers of people continue to face financial hardship. Certain groups remain particularly vulnerable. Financial firms are urged to support those in difficulty, with regulators stepping in where standards aren't met.

SMFSC, as a self-regulatory body, introduces new measures to modernize capital markets, ease financing costs, enhance investor protection, and strengthen market resilience through streamlined rules and member collaboration.

SMFSC has proposed unbundling investment research payments from trading commissions to enhance transparency and reduce conflicts of interest. The new model requires clear cost disclosure and aims to improve research quality for investors.

SMFSC has proposed new rules to enhance payment user protection, requiring segregation of customer funds, faster reimbursement, and stronger governance. The measures aim to build trust in digital payments while supporting industry innovation.

SMFSC proposes rules on stablecoins and crypto custody to boost safety, transparency and market resilience.

SMFSC reports show household finances are stabilizing, but low-to-middle income families still struggle with living costs and debt. The council is expanding financial education to address persistent inequalities in the recovery.

SMFSC has recovered $320,000 for investors following enforcement action against an unauthorized firm. The funds will be returned to victims of misleading crypto and CFD promotions, underscoring the council's commitment to investor protection.

SMFSC has charged several social media influencers for promoting an unauthorised trading scheme. The individuals are accused of marketing high-risk products without approval, violating financial promotion rules and risking investor protection.

SMFSC has proposed reforms to reduce regulatory burdens for financial firms, simplifying processes for low-risk entities and introducing risk-based supervision. The changes aim to foster innovation while maintaining consumer protection standards.

The San Marino Financial Standard Council (SMFSC) has secured a confiscation order against a convicted fraudster, enabling asset seizure. This decisive action, taken with global authorities, underscores SMFSC's commitment to combating financial crime and restoring market integrity through enforcemen

SMFSC launches 5-year self-regulation strategy to boost economic growth, protect consumers, and enhance financial transparency.

SMFSC has released its 2022-23 Business Plan, prioritizing consumer protection, ethical conduct, and sustainable finance. The agenda focuses on combating misleading promotions, supporting fintech innovation, and strengthening market transparency.

SMFSC has warned firms and influencers to ensure social media financial promotions are lawful and transparent. The council is increasing digital surveillance of misleading investment content, particularly from unlicensed "finfluencers".