AGP Executive Report
Last update: 6 hours agoLiechtenstein Finance Spotlight: LGT Wealth India, part of Liechtenstein-headquartered LGT, appointed Harsh Agarwal as Chief Investment Officer for equities, tasking him with leading the equity investment platform and product strategy; he brings 20+ years across equity research, hedge funds, and quantitative + fundamental portfolio work. Vatican Meets Liechtenstein Expertise: Pope Leo XIV named Princess Gisela Bergmann of Liechtenstein to the Vatican’s Council for the Economy, a real budget-and-finance oversight role; the 36-year-old, trained in environmental engineering and now CEO of Industrie- und Finanzkontor, joins other new members aimed at tightening financial governance. US Drone Tariffs Hit Supply Chains: The White House issued Section 232 tariffs on imported unmanned aircraft systems and components, with up to 100% duties for drones over 25kg, thermal-imaging systems, docking stations, and certain critical parts; 25% applies to smaller drones, while qualifying EU/Japan/Liechtenstein/Switzerland/Taiwan/South Korea imports can be capped at 15% (UK 10%), with implementation starting in weeks and some component rules later. Cybersecurity & Privacy: France’s tax authority breach fallout continues as CNIL and prosecutors respond to stolen withholding-rate and income-category data, raising impersonation risks for affected taxpayers.
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