AGP Executive Report
Last update: 8 hours agoBanking & Courts: India’s Calcutta High Court refused an urgent hearing on a Mamata-led TMC plea challenging the freeze of about Rs 440 crore in party bank accounts, keeping the matter on the regular listing track. Tax Administration: India’s finance ministry extended the deadline for filing appeals before GSTAT to July 31, aiming to ease pressure on the newly operational tribunal. Cyber & Compliance: Australia’s EY graduate was sacked after alleged access to Prime Minister Anthony Albanese’s Commonwealth Bank account, adding to scrutiny of Big Four insider-risk controls. Tokenization & Markets: Securitize cleared a key shareholder vote for its NYSE debut after approving a SPAC merger, positioning the firm as a pure-play in tokenized finance. Fintech Deals: Parabellum Investments agreed to acquire Crux Informatics to bolster AI-powered external data infrastructure for financial markets. Central Banking: Bangladesh Bank signaled it will likely keep its policy rate at 10% as it delays earlier easing plans amid Middle East-driven uncertainty. Digital Fraud: Nigeria’s Wema Bank suspended its Telegram presence after a rise in impersonation scams. Investment Outlook: Vietnam’s leaders unveiled a 100-year development vision to shift foreign investment toward building domestic capacity and strategic autonomy. UK Defence Spend: UK Prime Minister Keir Starmer unveiled a long-delayed £5bn drone-focused defence investment plan, with the overall settlement put around £14.5bn. Banking Risk Transfer: DBS completed a $1bn synthetic securitisation, transferring part of corporate loan credit risk to manage capital more efficiently.
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