AGP Executive Report
Last update: 6 minutes agoAI & Credit Risk: US regulators warn that lending models can unfairly reject borrowers when employment history, postcode, or property type correlates with ethnicity, urging stronger oversight of “frontier” AI decision tools. G20 Finance Diplomacy: Russia’s Anton Siluanov surprised at the US-hosted G20 in Asheville, meeting Scott Bessent amid ongoing US-Europe anger over Russia’s presence. Monetary Policy Watch: Fed Chair Kevin Warsh told Congress the economy is expanding but inflation control remains central, with no clear rate relief and a broader review of Fed practices. Growth Data: India’s Q1 GDP rose 7.8% y/y, with manufacturing, services and investment supporting expansion. Financial Crime Tech: CAFC’s Agentic AI in Financial Crime conference heads to New York on Sept 10 as institutions race to govern new fraud and AML automation. Consumer & Market Rules: SEC presses investment advisers to prove they actually own the private shares they market; Ireland excludes crypto and derivatives from new tax-advantaged accounts. Public Finance Stress: Eskom’s profits improve, but municipal electricity arrears near R120bn are flagged as a systemic threat to sustainability.
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.
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