AGP Executive Report
Last update: 4 hours agoIran & Banking Access: Iran accused of blocking SIM cards to silence dissent, with reports that disconnections also cut access to banking and government services until users delete content or pledge to stop protest activity. UK Banking Migration: Halifax customers are being moved to Lloyds, with the Halifax app and online banking shutting down by Oct. 31. Regulatory & Conduct: A former HSBC executive, Joseph Molloy, was banned from financial services after a fraud conviction tied to a train-fare “doughnutting” ticket scam. Cyber & Financial Crime: Chainalysis says it used AI to speed up tracking of the $387M Bitget hack, cutting reconciliation work from 20 hours to under 10 minutes. Digital Banking Product: Machhapuchchhre Bank launched “MAB Chat” to handle routine customer queries via its website. Central Banking Watch: RBI Governor Sanjay Malhotra warned India’s current financial resilience isn’t a guarantee for tomorrow, citing cross-border risks, cyber threats and tech failures. Crypto Oversight: The SEC proposed a crypto custody framework for investment advisers and funds, including conditional self-custody and state trust company custody.
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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