AGP Executive Report
Last update: 11 hours agoPolitical donations & banking scrutiny: UK Labour MPs want to make a temporary ban on crypto donations permanent after Nigel Farage’s resignation, as Parliament probes multimillion-pound gifts tied to crypto figures. Financial resilience: The Association of Financial Mutuals urges regulators to put mutuals at the centre of plans to boost resilience and reach underserved communities. Fraud crackdown: Interpol says Operation First Light 2026 identified 142,000 fraud victims, blocked 31,014 bank accounts and disrupted scam networks. Banking security partnerships: MEF and VodafoneThree report 2m+ fraudulent messages blocked to participating banks’ customers, expanding anti-smishing work with Barclays and others. Data & cyber investment: Rubrik pledges $500m+ to expand UK operations and set up a London EMEA HQ for data sovereignty and cyber recovery. UK policy & risk: The National Audit Office warns expanding electronic tagging could put public safety at risk without stronger monitoring and contingency plans. Mutuals & regulation: UK mutuals body warns red tape threatens financial resilience. Public finance delivery: Northern Ireland’s Audit Office flags £1.2bn of City and Growth Deal money unspent, warning delays could put value at risk. Market/FX: Japan plans to push pension funds into domestic assets, lifting the yen. Retail economy: Scotland’s World Cup boost lifts shopper footfall, with retail parks up strongly in June.
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