AGP Executive Report
Last update: 44 minutes agoAI in Finance: OpenAI launched ChatGPT for Financial Services for banks and investment firms, bundled with licensed market data from S&P, LSEG, Moody’s, PitchBook and others—turning AI into a data-and-workflow layer for analyst tasks. Regulatory Watch: ESMA warned that technology/AI-driven valuation strength doesn’t mean risks are gone, flagging market-infrastructure operational risks, crypto-to-traditional spillovers, and insider issues in prediction markets. Crypto Policy: US Senate Republicans unveiled a revised Clarity Act adding CFTC registration rules for certain crypto trading protocols, aiming to clear a procedural vote hurdle. Tokenised Bonds: India’s SEBI and RBI launched “Demat 2.0” pilot for tokenised corporate bonds; three issuances already raised ₹1,025 crore, with settlement and servicing automated via shared ledgers and smart contracts. Banking & Payments: Ripple rolled out AI-powered agents inside its $1B Ripple Treasury platform, with human approval required for actions. Fintech Ecosystem: Bank of Cyprus opened applications for BoC Fintech Hackathon 7.0 (Nov 27–29) with €16,000 in prizes and open-banking API support. Green Finance: HKMA pushed “smarter finance” for the net-zero transition at its Green Fintech Symposium, focusing on data/tech to target decarbonisation and curb greenwashing.
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.