AGP Executive Report
Last update: 10 hours agoUK Mortgage Shake-Up: The FCA has set out five new mortgage rules in a consultation running until July 28, aiming to widen access for first-time buyers, freelancers and older borrowers by giving lenders more flexibility. Lebanon Digital Payments: Whish Money is expanding access to digital financial services through TotalEnergies stations, with 19 sites offering app-enabled voucher sales and three flagship locations adding full branch services for deposits, withdrawals and account management. India Corporate Bonds: Tata Steel and Tata Projects are preparing to return to the bond market after a 15-month gap, as RBI’s steadier policy stance has eased yields; Tata Steel is targeting ₹3,000 crore via five-year bonds. Crypto & Politics: Convicted FTX co-founder Sam Bankman-Fried has formally applied for a Trump presidential pardon to take effect after his 25-year sentence. Banking & Markets: Indian shares rose as RBI detailed a concessional forex swap facility for overseas borrowings, lifting bank stocks; sentiment also improved after Israel-Iran halted attacks. Housing Finance: NatWest launched a £250m Section 106 loan fund to help housing associations buy affordable homes, targeting around 2,500 properties. Regulation & Crypto Funds: The UK FCA proposed allowing certain funds to hold up to 10% in crypto ETNs, with a conservative cap to protect retail investors.
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.