AGP Executive Report
Last update: 9 hours agoPrivate Banking & Digital Ops: BIL Suisse renewed its long-standing partnership with Avaloq to push further automation and client-centric innovation, including stronger KYC processes and easier integration of third-party services for its Swiss wealth-management clients. SME Payments: Statrys rolled out local account capabilities in the UK, Germany, Luxembourg, Denmark and Liechtenstein for Hong Kong SMEs, letting firms route payments via local networks and better control cross-border costs. Crypto Regulation & Platforms: Revolut said it will delist USDT for customers in the EEA and Switzerland by Aug. 31, citing MiCA risk and regulatory review, while support continues elsewhere. Digital Assets in the UAE: Bitcoin Suisse secured full Abu Dhabi approval via ADGM for regulated digital-asset services through BTCS (Middle East), extending its institutional custody and trading offering. Defence Industry Funding: The EEA Committee moved Iceland, Liechtenstein and Norway closer to the European Defence Industry Programme (EDIP), expanding access to the €1.5bn initiative aimed at boosting supply-chain security and Ukraine-related capabilities. Trade & Investment Links: Norway welcomed the Vietnam–EFTA FTA conclusion, highlighting duty-free access for Norwegian salmon and expected export growth. Liechtenstein Politics: Prince Alois said he would veto a proposed abortion law reform if it clears parliament, reigniting a long-running domestic debate. Travel Rules Affecting Business Mobility: China published a visa-free list including Liechtenstein for short stays, while the US and UK continue tightening digital pre-clearance systems for visa-free travel.
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.