AGP Executive Report
Last update: 7 hours agoIndia’s Investor Access: SEBI will let eligible NRIs, OCIs and foreign nationals complete digital KYC from abroad from December 3, easing access to Indian markets. Cyber Risk: CERT-In warned that the AI-driven Crafty Falcon group is targeting financial firms and abusing payment APIs to move funds without authorisation. Bank Expansion: Investec secured an EU banking licence as a growth platform, while Revolut’s $115 billion valuation underscores its push to challenge traditional lenders globally. Private Credit Pressure: Redemption requests at major funds are far above typical 5% quarterly limits, testing promises of liquidity against illiquid loan portfolios. Oversight and Policy: South Korea imposed record penalties on banks and brokerages over mis-selling Hong Kong-linked products; ECB policymaker Isabel Schnabel warned that rising public debt and non-bank finance could complicate monetary policy.
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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