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29 Apr 2020, 8:55 pm
Date of application of the revised SME supporting factor and the infrastructure supporting factor Finally, the Commission proposes to advance the date of application of CRR provisions concerning the adjustment of own funds requirements for non-defaulted SME exposures (the SME supporting factor) and adjustment to own funds requirements for exposures to entities that operate or finance physical structures or facilities, systems and networks that provide or support essential… [read post]
29 Apr 2020, 11:57 am
The SEC has identified several types of allegations that can lead to a whistleblower award, upon a successful enforcement action: (1) Corporate Disclosures and Financials; (2) Offering Fraud; (3) Manipulation; (4) Insider Trading; (5) Trading and Pricing; (6) FCPA; (7) Unregistered Offerings; (8) Market Event; (9) Municipal Securities and Public Pension; (10) Crypto Currency; and (11) Other. [read post]
29 Apr 2020, 4:31 am
UK Pensions: Regulator’s warning that member transfer requests during the pandemic may be a poor decision Adding to its already impressive haul of Covid-19 related publications to date, on 29 April 2020, the Pensions Regulator published further trustee guidance Communicating with members when they request a transfer or to access benefits. [read post]
24 Apr 2020, 9:21 am
The Schumer-led, proposed “Heroes Fund” consists of two major components: a $25,000 premium pay increase for essential workers, equivalent to a raise of $13 per hour from the start of the public health emergency until December 31, 2020, and a $15,000 essential worker recruitment incentive to attract and secure the workforce needed to fight the public health crisis.NY Governor Andrew Cuomo said, “All those essential workers have to get up every morning to… [read post]
24 Apr 2020, 3:00 am
Matt Gaetz has spent nearly $200,000 in taxpayer funds renting an office from a longtime friend, adviser, campaign donor, and legal client. [read post]
22 Apr 2020, 7:02 am
This also applies to non-public sector employers who receive public funding for staff costs. [read post]
21 Apr 2020, 4:41 pm
It has worked less well elsewhere though its allure and the power of the narrative it represented had been quite strong through the beginning of the 21st century among international civil society, certain elements of public international organizations, and other states. [read post]
17 Apr 2020, 7:13 pm
Why a Declaration of Fiscal Emergency May Help Struggling Public Entities The lion’s share of most public entities’ budgets – sometimes as much as 75 to 80 percent – goes to fund employee wages and salaries. [read post]
17 Apr 2020, 6:35 pm
Most cities have done a good job in recent years rebuilding reserves, funding OPEB and pension obligations, and creating rainy day funds. [read post]
17 Apr 2020, 6:06 am
This also applies to non-public sector employers who receive public funding for staff costs. [read post]
15 Apr 2020, 3:16 pm
Whistleblower claims relating to federal and state funds received from government programs. [read post]
15 Apr 2020, 6:49 am
If a complication as a result of the disease results in death, the family of the deceased are entitled to reasonable burial expenses and widow and dependent pension. [read post]
15 Apr 2020, 6:00 am
The map below uses FY 2017 data to show the funded ratio of public pension plans by state, calculated by measuring the market value of state pension plan assets in proportion to each state’s accrued pension liabilities. [read post]
15 Apr 2020, 4:12 am
Employees on work visas will not be treated as breaching their visa conditions if they receive furlough scheme payments (which will not be counted as access to public funds). [read post]
15 Apr 2020, 3:03 am
Two notable additional examples of investor focus are: First, a global coalition of institutional investors – public pensions, asset managers and faith-based funds – recently called on companies to step up to support their workers, communities, and businesses, as well as the markets, to help respond to the crisis. [read post]
14 Apr 2020, 8:00 pm
Funding is accessed by application to participating lending institutions. [read post]
13 Apr 2020, 4:19 pm
Supreme Court afforded U.S. public corporations in Hallibuton II, such as price impact. [read post]
9 Apr 2020, 4:01 am
In exchange he was to get a secure retirement with a good pension and health benefits. [read post]
6 Apr 2020, 6:33 am
The consultation paper, after providing information on the regulatory context, presents the issue of why pension funds use derivatives and the issues caused by central counterparties’ requirement to have variation of margin calls fulfilled exclusively in cash and its quantitative impact. [read post]
3 Apr 2020, 8:41 am
BaFin emphasizes the need of a close dialogue with the industry and, similarly to EIOPA’s approach, expects a convincing justification if a (re)insurer or pension fund wish to pay out dividends. [read post]
