AGP Executive Report
Last update: 12 hours agoBanking Records in Focus (Philippines): The Senate impeachment court granted BDO Unibank and Security Bank an extra 10 banking days to finish submitting Vice President Sara Duterte’s financial records, pushing remaining documents to Aug. 13 after earlier compliance by multiple lenders. Capital Markets Dealmaking (Canada/Australia): TMX Group completed its acquisition of Cboe Australia, rebranding it as TMX Australia Exchange to expand listings and ETF-related offerings. AI in Financial Controls (UK): AutoRek agreed to acquire Grath, adding AI-driven reconciliation and compliance capabilities aimed at making processes more audit-ready. ETF Innovation (US): J.P. Morgan Asset Management launched its first actively managed extension strategy in an ETF, the JPMorgan US Large Cap Value Plus ETF. Digital Assets Regulation (US): Circle received a limited-purpose trust charter from NYDFS for Circle New York Trust, reinforcing regulatory footing for USDC. Policy & Rates (Azerbaijan/China): Azerbaijan’s central bank held its refinancing rate at 6.5%, while China signaled a moderately loose monetary policy stance for H2. India Credit Push (SIDBI): India’s Finance Ministry said SIDBI’s direct MSME lending sanctions nearly quadrupled from FY21-22 to FY25-26. Insider Trading Sanction (India): SEBI barred SecureKloud Technologies’ former promoters for two years and fined them ₹20 lakh total over insider trading. Local Banking Expansion (PNG): TISA Bank opened a new Madang branch to broaden access to savings, lending and digital services. Election Watch (India): In Bihar’s Bankipur bypoll, Prashant Kishor’s Jan Suraaj led BJP’s Neeraj Kumar Sinha in early counting, with security tightened at counting sites.
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