NFRA AI Rules: The National Financial Regulatory Administration rolled out new, risk-based guidelines for safe AI development and use in banking and insurance, pushing lifecycle governance, stronger oversight, and secure computing infrastructure. Parliament’s Finance Bill 2026: Kenya’s Finance Bill 2026 cleared the National Assembly and heads to President William Ruto for assent after an electronic vote, setting the tone for the 2026/27 tax and revenue framework. UK Public Finances Stress Test: UK borrowing jumped to £23.3bn in May, above forecasts, with debt interest hitting a new May peak of £11.7bn—raising pressure on fiscal room. Japan FX Warning: Japan’s finance minister said authorities will take “decisive” action against speculative currency moves as the yen nears multi-decade lows, after record intervention spending. Africa Dealmaking & Green Finance: First Abu Dhabi Bank was recognized for a $626m Murabaha financing backing Nigeria’s Lagos-Calabar highway via IsDB-linked insurance cover, while Stanbic exceeded its sustainable trade target with Sh133bn in 2025 disbursements. Financial Inclusion & Consumer Credit: Mogo said it financed over 500,000 smartphones across East Africa in 14 months, reflecting demand for affordable “lipa mdogo mdogo” device credit. Household Money Risks: Regulators warned Australians about early super withdrawals for dental care, noting withdrawals can sharply cut retirement balances. Fraud Watch: The IRS flagged a surge in elder fraud losses, warning older adults about scams targeting retirement and identity.