AGP Executive Report
Last update: 11 hours agoBanking Oversight in the Philippines: A Senate impeachment court approved subpoenas for bank and insurance representatives plus the BIR in the Sara Duterte trial, with prosecutors dropping former Sen. Antonio Trillanes as a witness and moving ahead with bank/insurer witnesses next. Regulation & Consumer Protection (Australia): AFIA launched a Finance Industry Code of Practice for non-bank and specialist lenders, raising standards on scam protection, hardship support, cybersecurity and responsible AI, aligned with ASIC. Central Banking Rules (Albania): A proposed law would bar the Bank of Albania from direct lending to the government and tighten limits on buying government debt, with EU-aligned changes. India Banking Politics: India’s Supreme Court refused to unfreeze four debit-frozen TMC bank accounts, urging the Calcutta High Court to expedite. Payments Disruption (Philippines): Coins.ph users can’t receive InstaPay or PESONet transfers after BSP restricted DCPay’s inbound access; outbound transfers and QRPh payments continue. AI in Banking: Backbase appointed Roland Booijen as CPO for agentic banking, aiming to roadmap AI agents across customer operations. Market Watch (India): A report says Indian banks’ NIM outlook is positive from 2HFY27 as rate-hike odds rise.
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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