AGP Executive Report
Last update: 6 hours agoTokenisation in Trade Finance: Maybank and V Systems completed a RM1.0m pilot for fully tokenised supply chain financing, moving from invoice approval to disbursement and settlement in a live commercial setup to boost transparency and speed for MSMEs. Anti-Phishing Tech: Malaysia’s regulator said an AI voice-phishing sharing platform (ASAP) helped stop losses of 66.4bn won by sharing scam data across 130 firms and halting transfers from 7,000 accounts. Wealth & Risk in Markets: Standard Chartered is offering hedge-fund strategies to wealth clients to cushion volatility, citing resilient performance and rising hedge-fund allocations. Banking Expansion: Siyapatha Finance opened its 66th branch in Gampola, widening access to tailored services across Sri Lanka’s Central Province. Governance & Finance Scrutiny: South Africa’s DA removed MP Mark Burke from finance roles after a Reserve Bank probe into his fintech Kastelo over alleged exchange-control bypasses tied to R4bn. Public Finance Pressure: Nigeria’s finance minister said reforms involved ₦20.4tn in supplementary resources, including ₦11.9tn borrowing, amid rising federal spending needs. Consumer Protection Push: CA ANZ backed Australia’s consumer protection reforms after failures in superannuation and financial advice, calling for stronger safeguards before retirement savings move. Financial Crime Trends: South Korea’s four biggest banks reported 231.9bn won in financial-crime losses last year, the highest in a decade.
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.