AGP Executive Report
Last update: 12 hours agoTimor-Leste’s financial overhaul: Timor-Leste’s National Parliament has approved the General Framework for the Financial System and Banking Activities, replacing the 2000 legal regime and boosting the Central Bank’s powers on regulation, supervision, enforcement, and financial stability, while adding a Resolution Fund and Deposit Insurance Fund and strengthening anti–money laundering and counter-terror financing rules. CPLP diplomacy: As the Community of Portuguese-Speaking Countries marks its 30th anniversary, parliamentarians are set to meet in Luanda (July 22–24) to push practical resolutions on inter-parliamentary cooperation, democratic governance, and institutional resilience, with Timor-Leste among the Lusophone members. Jobs and mobility for Timorese workers: New Zealand’s Recognised Seasonal Employer scheme is bringing Timor-Leste into its labour program for the first time in 2026, after overwhelming interest from thousands of applicants seeking seasonal orchard work. Education access in the region: Dili Reporter readers may also note the wider push for safer, more accessible schooling across the region, including free transport initiatives and school safety measures like metal detectors—signs that education policy is increasingly tied to everyday security and access. Scam crackdown involving Timor-Leste: Timor-Leste police have arrested 90 foreign nationals in a crackdown on a scam center, underscoring ongoing efforts to tackle cross-border fraud.
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