AGP Executive Report
Last update: 10 hours agoCrypto Regulation: The EU banking watchdog (EBA) is consulting on how it will calculate fines for issuers of “significant” tokens that breach MiCA, with penalties potentially in the multimillion-euro range as the July 1 licensing deadline looms. Central Banking: The ECB is weighing a move to double minimum reserve requirements to 2% from 1%, aiming to cut its interest bill and drain excess liquidity, with a decision expected by autumn. Banking & Markets: ESMA’s CySEC chair says retail prop trading is not a near-term ESMA priority, despite earlier “on the radar” talk. Energy & Finance: BCR and Erste Group back Romania’s 392MW Peștera II wind project with €151m in green financing, part of a €510m package. Geopolitics & Investment: EU Commission President von der Leyen pledges up to €200m for South Caucasus connectivity as Azerbaijan and Armenia push a peace deal. Health & Capital: PureTech’s Celea Therapeutics completes a $180m financing to start Phase 3 of deupirfenidone for idiopathic pulmonary fibrosis in early Q3 2026. Cyber Risk: A ransomware group “The Gentleman” claims it hit Indra Group, threatening to leak stolen data unless paid.
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.