AGP Executive Report
Last update: 9 hours agoLiechtenstein Cybersecurity: Liechtenstein’s beneficial ownership register breach is widening into a broader systems disruption. After hackers copied data tied to about 31,000 legal entities, the government says no financial data was taken or altered, but several key platforms are now temporarily offline, including the VAT e-portal, a judicial system, the central account register and the main tax portal, while investigators continue to hunt for the attackers. Digital Finance Leadership: Sygnum appoints Reto Marx as CEO for its Singapore business, with Gerald Goh moving to executive chairman for APAC—highlighting Liechtenstein’s role in the group’s licensing footprint and the region’s push in digital-asset banking. Trade & Tariffs: The U.S. is set to impose a 15% tariff and minimum import prices on polysilicon derivatives from Dec. 4, with a 15% combined cap for imports from Liechtenstein and other listed markets—an issue that matters for Liechtenstein-linked supply chains in solar and semiconductors. Cross-border Business Links: Switzerland’s free trade deal with the Philippines (via EFTA, including Liechtenstein) is still underused, with officials pointing to low awareness as a drag on trade growth.
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