AGP Executive Report
Last update: 12 hours agoTimor-Leste Financial Reform: Timor-Leste’s National Parliament has approved the General Framework for the Financial System and Banking Activities, replacing the 2000 rules and boosting the Central Bank’s powers on supervision, enforcement, financial stability, and consumer protection, while also setting up a Resolution Fund and Deposit Insurance Fund. CPLP at 30: CPLP leaders marked 30 years of the Portuguese-speaking community, highlighting Timor-Leste’s membership since 2002 and renewed focus on strengthening cooperation and the multilateral system. Scam Crackdown: Timor-Leste police arrested 90 foreign nationals in a scam center crackdown, as authorities push harder against fraud networks. Work and Skills Link: New Zealand’s Recognised Seasonal Employer scheme added Timor-Leste workers for the first time in 2026, with thousands applying and wages tied to orchard work. Education and Safety Abroad: In Cebu, metal detectors were distributed to Talisay City public schools to improve campus security, while Mandaue City pushed a sports complex reopening ahead of schedule for the Unity Cup. Justice and Community Tensions: Timor-Leste’s Consulate General in Belfast condemned violent clashes in Dungannon and said it will work with PSNI to help ensure accountability.
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