AGP Executive Report
Last update: 9 hours agoRegulatory Crackdown: The Philippines’ SEC fined HC Consumer Finance Philippines Inc. P50,000 for unfair debt collection, including contacting people at borrowers’ residences who weren’t guarantors or comakers, and ordered it to stop those practices. IMF Financing: The IMF approved Jordan’s fifth review under its reform programme, unlocking $188 million, with support for energy security, trade, targeted aid and reforms on track. Climate Reporting Rules: Health and life insurers were exempted from mandatory climate reporting requirements in a move aimed at cutting $10m–$15m in annual compliance costs. Cybersecurity Oversight: Cyprus’ CySEC warned financial firms to strengthen defenses against AI-driven cyber threats that can speed up vulnerability discovery and exploitation. Capital Markets: India’s NSE filed its draft IPO prospectus with SEBI, setting up what could be a record-sized listing. SME Lending Boost: BFL and IFC launched a risk-sharing facility in Laos to expand SME lending, targeting a $10m loan portfolio. Digital Finance Partnerships: Pakistan’s easypaisa signed an MoU with Binance to explore emerging fintech for regulated savings and investment. Energy Project Finance: Scatec reached financial close on Tunisia’s €96m Sidi Bouzid II solar plant, backed by EBRD/EIB and EU support.
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