AGP Executive Report
Last update: 7 hours agoBanking & Fintech: Four Swiss cantonal banks (Basellandschaftliche Kantonalbank, Basler Kantonalbank/Bank Cler, St. Galler Kantonalbank, Thurgauer Kantonalbank) are partnering with Avaloq to modernize mobile banking for about one million clients, rolling out new app features like trading/portfolio tools, real-time alerts, and Apple Pay/Google Pay via a phased migration. Tax Treaties & Investment: The Philippines is renegotiating and expanding double tax agreements to attract foreign direct investment, with talks including Liechtenstein (alongside Cambodia, Laos and Ireland), while also pursuing minimum-tax alignment under OECD Pillar Two. Crypto & Custody: BitGo’s CEO Mike Belshe highlights how institutional-grade crypto custody grew from multisig security, as the firm now secures over $80bn for thousands of clients. EU Digital Compliance: The European Commission’s proposed Cloud and AI Development Act would introduce a four-level assurance framework and “open source first” procurement principles, pushing new compliance tiers for cloud and software providers. Liechtenstein in the spotlight (legal/finance): A Canadian court upheld Ontario’s jurisdiction over claims against a Liechtenstein trustee tied to an offshore trust dispute. Development & Skills: Liechtenstein Development Fund support backs a Moldova vocational dual-education push, upgrading labs and training teachers with university partnerships and private-sector involvement. Energy & Mobility (regional): An EV charging cost comparison places Liechtenstein among the higher-cost countries for full recharges, while noting Norway’s fast-charger density leads Europe.
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.