AGP Executive Report
Last update: 5 hours agoPremier League Fallout: Manchester City was found guilty of serious financial-rule breaches over nine seasons, with investigators citing “sham” deals that allegedly distorted finances by more than £900m; the club says it will appeal and faces potential fines, points deductions or harsher sanctions. Sponsor Pushback: Etihad Airways, City’s chief sponsor, threatened legal action after the ruling, arguing it wasn’t given a chance to respond and that public reporting has harmed its interests. Regulatory Access to Private Markets: The U.S. SEC proposed ways to broaden who can invest in private equity and other private-market funds, including a potential FINRA-created exam route beyond traditional wealth thresholds. Household Strain Watch: Credit bureau Centrix reported financial hardship accounts up 40% over three years to September, led by personal loans and credit cards. Public Finance & Housing: Algeria’s PM reviewed implementation of Council of Ministers decisions and a 2027 Finance Bill draft; in the Philippines, lawmakers advanced 2027 budget items and approved new legal aid protections for overseas Filipino workers. Global Infrastructure Financing: AIIB’s annual meeting focused on scaling infrastructure financing for climate resilience and private capital mobilization, targeting roughly €17.6bn annually by 2030.
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