AGP Executive Report
Last update: 7 hours agoEU Sanctions, Liechtenstein in the mix: Albania, Bosnia and Herzegovina, Iceland, Liechtenstein, Montenegro, North Macedonia, Norway and Ukraine agreed to align with the EU’s expanded Belarus sanctions, tightening controls on goods and technologies that could boost Belarus’s military and security capabilities, plus broader limits tied to EU-based crypto-asset services (with exemptions for public internet infrastructure). Vatican Finance, Liechtenstein expertise: Pope Leo XIV appointed Princess Gisela Bergmann of Liechtenstein to the Council for the Economy, bringing an engineering and investment-wealth background to the Vatican body that reviews budgets and oversees financial practices. Drone tariffs hit supply chains: The US signed a Section 232 proclamation imposing up to 100% tariffs on certain imported drones and components (notably thermal-imaging systems, docking stations, and drones above 25kg), with 25% on less sensitive smaller drones; qualifying EU/UK/Liechtenstein and other allied-origin products face lower rates, while implementation starts in September and some component rules roll out later. Local tech jobs, public-sector digital: UK government hiring continues across digital and data roles, including IT service delivery management at UKHSA, delivery management posts, and Government Digital Service writing and leadership positions. Health biotech milestone: Hansa Biopharma reported Australia’s first commercial living-donor kidney transplant using Idefirix (imlifidase) for highly sensitised patients. Crypto infrastructure, regulated step: Copper’s US unit gained FINRA membership as a qualified custodian, aiming to expand regulated custody, staking and collateral mobility for tokenized assets. Wealth management leadership: LGT Wealth India named Harsh Agarwal as CIO for equities, adding another senior hire for the Liechtenstein-headquartered group.
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