AGP Executive Report
Last update: 6 hours agoCentral Banking Governance: Samoa’s Central Bank Amendment Bill 2026 passed its second reading, moving to separate the governor’s role from the board chair to strengthen oversight—opposition MPs and independents pushed back, warning of political influence. Foreign Investment Rules: Samoa’s Foreign Investment Amendment Bill 2026 also cleared its second reading, tightening definitions, adding beneficial-owner disclosure, and requiring foreign investors to register before investing. Credit Reporting Upgrade: Parliament passed the Credit Information Register Bill 2026 on its final reading, setting up a Central Bank-run credit register for authorised users, with reporting duties for banks, insurers, and other lenders. Disaster Response: SFESA contained two bush fires in Savai‘i, including a recurring blaze at Samalaeulu, using reinforcements from Upolu and drone support. Marine Waste Funding: Samoa will join a €6m, four-country Pacific marine litter and plastic waste project led with GIZ and SPREP, with implementation running to 2029. World Bank Focus: A World Bank delegation met Samoa officials on growth and jobs, including progress on the Climate Resilient Transport Project. Regional Fisheries Watch: Samoa participated in FFA’s Operation Island Chief 2026, which flagged 16 vessels of interest and apprehended four.
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