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FCA consults on rules for foreign firms

first_img Regulators must avert looming irrelevance: IAP Related news James Langton The consultation aims to assess how the unique risks of international firms can be mitigated, and when a foreign firm should become authorized as a U.K.-incorporated firm.“With the Brexit transition period due to end on [December 31 2020], firms that have registered for temporary permission will need to consider plans for full authorisation,” said Nausicaa Delfas, executive director international at the Financial FCA.“Today we are setting out our expectations for the future authorisation and supervision of international firms, to ensure appropriate protection for users of financial services,” Delfas added.The deadline for submissions to the consultation is Nov. 27.“International firms are a key contributor to the success of the UK financial services market. This consultation will give [European] and [non-European] firms a chance to feedback on our future approach to the regulation of international firms,” Delfas said. With the deadline for Brexit looming, the U.K.’s Financial Conduct Authority (FCA) is launching a consultation on the future regulation of international firms operating in the U.K.The FCA said that it is expecting to see an increase in the number of international firms seeking registration in the U.K. as it prepares to leave the European Union (EU) — including both EU firms and other international financial firms. Share this article and your comments with peers on social media Keywords RegulationCompanies Financial Conduct Authority Brexit Regulators issue new reporting guidance on systems outages SEC charges five in US$2-billion crypto trading scheme Facebook LinkedIn Twitterlast_img read more

Baron Cup II Semi-Final: #1 Cleveland Heights Shuts Out #5 Orange 7-0

first_img Matt Medley is co-editor at NEO Sports Insiders, covers the Cleveland Cavaliers, Cleveland Indians and high school sports in Northeast Ohio.Follow @MedleyHoops on Twitter for live updates from games. Matt Medley Related TopicsBaron CupClevelandCleveland HeightsHigh School HockeyOhioOrangecenter_img BROOKLYN, OHIO – Friday’s action of Baron Cup hockey featured the #1 Cleveland Heights Tigers and the #5 Orange Lions facing off in the Baron Cup II Semi-Final.It was close for the first period, but Cleveland Heights pulled away early in the second, and would cruise to a 7-0 shutout.It was an even match for the first 14 minutes until Jackson Johnson put Cleveland Heights on the board with his 29th goal of the season, which made it 1-0 in favor of the Tigers.Cleveland Heights came out firing to start the second period, as Conor Lewis scored two goals in less than five minutes to make it 3-0.Lewis wasted no time getting his hat trick, making it 4-0 8:48 into the second period. That would be the last goal of the period, as Cleveland Heights entered the second intermission on top 4-0.The great day got even better for Lewis, who notched his fourth goal of the game 2:45 into the third period to make it 5-0 in favor of Cleveland Heights. It was Lewis’s 51st goal of the season.Stephen Lang joined in on the action for Cleveland Heights with just under seven minutes to go, making it 6-0.Lang would score again with just over a minute remaining to make it 7-0, and goaltender Trent Swain would earn his second shutout in two games of the Baron Cup Tournament.Cleveland Heights moves on to face the winner of #2 North Olmsted vs. #6 Midview in the Baron Cup II Championship game.The Tigers have now outscored opponents by a combined score of 17-0 in the first two games in the tournament.North Olmsted plays Midview at 7:30 PM on Friday evening and the Championship match will take place 3 PM on Sunday.last_img read more

49ers do best to keep NFC title winning roster intact

first_img Written By First Published: 19th March, 2020 12:17 IST After coming within one quarter of winning the Super Bowl, the task for the San Francisco 49ers in free agency was more about keeping pieces in place rather than finding upgrades. They kept starting defensive lineman Arik Armstead and safety Jimmie Ward off the open market with long-term deals and brought back key reserves like defensive lineman Ronald Blair and offensive linemen Ben Garland and Shon Coleman.Those moves all came at a price as the Niners traded star defensive tackle DeForest Buckner to Indianapolis for the No. 13 overall pick and might not have enough salary cap room to keep free agent receiver Emmanuel Sanders.But with almost every other starter from last season’s NFC champions still under contract, the 49ers are hoping to avoid the plight of many Super Bowl runners up who struggled even to make it back to the playoffs the following season. The Niners blew a 10-point lead in the fourth quarter of the Super Bowl last month before losing 31-20 to Kansas City.The team’s biggest moves came in succession just after the start of open negotiating window on Monday when the Niners locked up Armstead with a five-year contract worth up to $85 million and then almost immediately traded Buckner to the Colts for a premium draft pick.Buckner, who was entering the final year of his contract, then agreed to an $84 million, four-year contract with the Colts, a price the Niners weren’t willing to pay for the player voted MVP of the team coaching staff this past season.Coach Kyle Shanahan and general manager John Lynch ultimately decided that keeping Armstead and getting the first-round pick was preferable then doing a long-term deal with Buckner.Whether that proves to be the right decision remains to be seen. Buckner has been the team’s most consistent player since being drafted seventh overall in 2016.He has been extremely durable, missing only one game in four seasons and having the third-most defensive snaps among linemen since 2016. His 143 quarterback pressures are the fifth-most among all interior linemen over the past four years, according to NFL NextGen stats.Buckner had a career-high 12 sacks in 2018 and then had 7 1/2 last season as part of perhaps the league’s top defensive line with Armstead and edge rushers Nick Bosa and Dee Ford.Armstead had a breakthrough season in 2019, leading to his new contract. He was a first-round pick by San Francisco in 2015, but didn’t make a big impact in his first four seasons in the NFL as he dealt with injuries that limited his playing time in 2016 and 2017 and tried to find the right fit for his skills.It all came together last season under a simpler scheme put in place by new defensive line coach Kris Kocurek. Armstead led the Niners with 10 sacks after getting only nine in 46 games over his first four seasons. He also ranked second on the team with 35 quarterback pressures despite spending significant time playing inside. He was a force against the run, too.The Niners also locked up Ward with a three-year contract, a person familiar with the deal said on condition of anonymity because it hasn’t been signed yet. Ward, who will be paid a reported $28.5 million, also struggled with injuries for much of his career before having his best season in 2019.San Francisco then reached agreements on deals with Blair, Coleman and Garland, according to a person familiar with the contracts. Those also won’t be official until the players pass physicals and sign the contracts.These deals leave the team little money left to target the other big need at receiver, where Sanders upgraded the position with his October acquisition from Denver last season.The passing game took over after Sanders was acquired and the Niners will need to find a replacement if he leaves in free agency.That’s where the Buckner trade comes in handy as the Niners now have two picks (13th and 31st) in the first round of a receiver-rich draft. They could opt to trade down with one of those picks to replenish selections traded away in the second, third and fourth rounds in deals for Sanders and Dee Ford. Associated Press Television News LIVE TV Last Updated: 19th March, 2020 12:14 IST 49ers Do Best To Keep NFC Title Winning Roster Intact After coming within one quarter of winning the Super Bowl, the task for the San Francisco 49ers in free agency was more about keeping pieces in place rather than finding upgrades.center_img SUBSCRIBE TO US WATCH US LIVE FOLLOW US COMMENTlast_img read more

Australia’s Labuschagne wants to flourish across formats

first_imgMELBOURNE, (Reuters) – Australia’s Marnus Labuschagne wants to enhance his power-hitting ability in one-day internationals as he seeks to establish himself as an all-format player, the 25-year-old said yesterday. Labuschagne has been a revelation in test cricket since stepping up as Steve Smith’s concussion substitute at Lord’s in last year’s Ashes series in England.In the subsequent series against Pakistan and New Zealand, the right-hander smashed four centuries in five tests, including a maiden double hundred in Sydney earlier this year.The South Africa-born batsman made his one-day debut in India earlier this year and smashed his maiden century in this format against the country of his birth in March. “There’s heaps to improve on, that’s for sure,” the top order batsman said in a video conference. “Personally, in one-day cricket, an area I want to continue to get better at is that later stages in the innings, the boundary options at the back-end of a one-day game.“Batting at four in that one-day lineup, that’s definitely something I’m going to need to continue to improve at.”Australia’s chairman of selectors Trevor Hohns has said they do not want to “overburden” Labuschagne at this stage with another format but the batsman harbours Twenty20 dreams. “By no means do I want to limit myself to those two formats, I definitely have the ambition to play T20 cricket for Australia,” Labuschagne said.“…it doesn’t look like there might be too many other opportunities but, for me, it’s about scoring runs in one-day and test cricket and if I get opportunities down the road then make sure I take them.”Labuschagne knows opponents will be better prepared against him when international cricket resumes after the COVID-19 shutdown and the right-hander is preparing for that challenge. “Once you’ve played that initial season in any format, people start knowing you and knowing how you play, so they come back more rehearsed, more researched and they understand your game a lot better,” he said.“For me it’s about making sure I understand what they’re going to do, and also understand where my weaknesses and my strengths are and then continue to improve both those areas.”last_img read more

Lyle Blaw does the double

first_imgIPGC golf from The HavenSunday, May 1, Green Valley – StablefordCSS 711st Lyle Blaw (12) 40pts 2nd Joe McArdle (12) 40pts3rd Russell Goldsworthy (2) 38pts4th Ger Lodge (20) 36pts5th Joe Peters (17) 35pts No, it is not a re-print from last week, but the first two past the post were the same with Lyle Blaw scoring exactly the same as the previous Sunday at Green Valley, and Joe McArdle coming second having improved three shots over last week’s result.  Lyle, having dropped a shot on Sunday, then ran up four scores over the buffer zone to take him back out to 12 but the fractions will ensure that it will not re-occur this time.Lyle just ran out the winner on the day with a better count-back of 21 to 20 over the back nine.The May Day weather was extremely hot and humid making the scores of the top players even more commendable with Russell Goldsworthy slipping in yet another level par round, and one is left wondering what sort of scores he would be returning if he played more than once a week.Lyle Blaw.Ger Lodge also had a good day at level par on handicap to pip friend and playing partner Joe Peters for fourth place.There were no 2’s on the day.As usual the presentations were conducted and overseen by Russell Exley at the Golf Centre Bar on the course, with amiable hosts John and Geoff assisted by their lovely staff, taking excellent care of the golfers.Monday, May 2, Century Chonburi – StablefordCSS721st Al Keith (5) 36pts2nd Bill Bertram (9) 32pts3rd Trevor Schirmer (14) 29pts4th Lyle Blaw (12) 28ptsAfter a hiatus of several months the Soi 13 group took on the sometimes previously less than inviting Century Chonburi layout but this time the course was discovered to be in a very acceptable condition and although it was found to be a bit untidy in places, the cost of the day at 750 baht for green fee, caddy and half a cart, was outstanding value considering that it was a national holiday and most of the other courses were charging more than double that rate.Al Keith.Al Keith picked up another win as he stroked it round in level handicap without seeming to ruffle a hair and as usual no sign of panic, even after the odd wayward shot.  It was just a solid workmanlike round with that silky unhurried swing.  Playing partner Bill Bertram struggled to keep pace with the scoring but did just enough to claim second place on his first outing with The Haven group.Trevor Schirmer got the better on in-form Lyle Blair by a single shot, compliments of the last hole where he slipped in a birdie putt.Whilst there were no 2’ in the second division, Al Keith and Bill Bertram shared the pool in the first division.Before presenting the prizes The Doc welcomed new member Bill Bertram who, if reports can be relied upon, will soon be heading back down from his present handicap to two or below although the day’s results did not quite reflect that scenario.Friday, May 6, The Emerald – StablefordCSS 721st Trevor Schirmer (14) 40pts2nd Mathew Reynolds (24) 33pts3rd Barry Winton (4) 33pts4th Bill Bertram (9) 32ptsAfter missing out on Wednesday when all the players were competing in the IPGC Monthly Medals it was back to a normal competition at Emerald where due to popular demand the local rule for the day was ‘lift and place’ in the fairways to compensate for the condition of the lies and the hardness of the ground beneath.  In the event, the conditions were quite good in most areas although this did not show in the scores returned for the day.Trevor Schirmer.Once again the weather was extremely hot and humid with temperatures hovering around 40 degrees centigrade and the humidity akin to four hours in the sauna room.Trevor Schirmer was the exception to the field as he went round in his lowest score for two years, easily winning by seven clear.  In spite of having a pretty ordinary day from the tee, his round was highlighted by exceptional chipping and putting when after missing a short one from two feet on the first for a bogey, the rest on the round was a master class in recovery golf.Mathew Reynolds took a podium position on his first outing with the group by winning the count-back over Barry Winton with a better 18 to 16 as Barry tired badly following his herculean effort two days previously when he had won the first division in the IPGC Medals.Back at The Haven there was a welcome for new member Mathew Reynolds and a welcome back for Barry Winton, who was back after back surgery and having made it a full set by losing on the back nine on his comeback.Although the greens were in near perfect condition nobody in either division could manage a 2.Note:  As from the 1st of May the Haven group will depart Soi 13 at the earlier time of 8.30 a.m. until further notice.  If you would like to play with The Haven group you can contact mobile 084782 4582 or call in to the hotel at 185 Soi 13 between Beach Road and 2nd Road.  All transportation to the course is arranged and you do not need to sign up prior to the day, but you should be there by 8.00 on Mondays, Wednesday, Fridays and 9.00am on Sundays on the days you wish to play. A schedule of courses to be played can be found on our web site at read more

Rees rules at Emerald

first_imgGolf from Siam Country Resort PattayaTuesday, March 28, The Emerald – StablefordOn Tuesday we went to The Emerald with 3 groups and found a course in good condition with just a few wet spots around the greens.  The weather was humid and warm.We had no top scores today and Stan Rees (H/cap 24) played a consistent round to win with 36 stableford points.  In second came Paddy Devereux (18) with 34 points.The near pins went to Willem Lasonder, Stuart Banks and Sam Gettinby.Stan Rees (left) with Paddy Devereux. Thursday, March 30, Eastern Star – StablefordEastern Star was our venue on Thursday and we went there with 2 groups.  After the big rain on Wednesday it was good to see the course still in fine condition. The weather was again hot and very humid.Once again there were no high scores today.  Our best man was Stuart Banks who took the day with 35 points.  In second was Stan Rees with 30 points, beating Jonathan Pratt and Willem Lasonder on a count-back.Near pins were claimed by Stuart Banks and Jonathan Pratt.last_img read more

Mabprachan Thursday Pool League

first_imgResults & Standings March 2 (week 20)Results: Blue Moonies 4 v 11 Family Inn, Diva Sport 3 v 12 GB Bar, Honeypot 11 v 4 Mary Lou’s, Moonies Magnet 8 v 7 Pride, Niftys 6 v 9 Moonies Kitchen, Old Bill CID 8 v 7 Diva Angelslast_img

Adama Traore set for huge Aston Villa pay rise

first_imgFormer Barcelona winger Adama Traore could soon be enjoying life at Aston Villa more than he already is. Sport EN Aston Villa are currently without a manager after they sacked Tim Sherwood. They are in talks with Remi Garde over the role. 28/10/2015 Upd. at 06:47 center_img According to the Telegraph, the star is earning €55,000 a week already at the club and after a few more appearances that will rise to €105,000 a week. CET The 19-year-old was signed in the summer, while Barcelona retain a buy-back fee. Traore has played six times, while Telegraph sources claim that when he make it 10 appearances he will get the salary hike.last_img read more

Car and bus collide

first_imgBy Jessica Anstice Three people, including two young children, were injured in a collision involving a mini bus at Nar Nar Goon on…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img