AGP Executive Report
Last update: 5 hours agoRegulatory Crackdown: Australia’s ASIC says it hit a five-year high in enforcement, removing or restricting 150 rogue operators and disqualifying 36 directors, aiming to protect consumers and investors faster than court action. Consumer & Advice Access: New Zealand’s MoneyHub says only 28% of people used a financial adviser last year, pushing a plain-English guide to what the FMA expects advisers and banks to deliver. Banking Rates: Kiwibank lifted some fixed home-loan and term-deposit rates, a defensive move to recover wholesale funding costs rather than undercut rivals. Public Finance Reshuffle: The Philippines finance chief says President Marcos is moving to abolish about 10% of state-run GOCCs and wind down non-operational entities to trim spending. Corporate/Market Watch: Bangladesh Bank declared four finance firms non-viable and started resolution, citing capital shortfalls and bad loans. Crypto Scrutiny: World Liberty’s token buyer is linked to an active UK money-laundering investigation, renewing questions on due diligence and fund sources. Policy & Tax: Mauritius advanced the India DTAA protocol with a principal purpose test to curb treaty shopping. US Macro: Softer US payrolls nudged rate-hike expectations lower, supporting global risk sentiment ahead of CPI.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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