KSA chair Jansen warns against gambling ad “bombardment”

first_imgHowever, he said that elsewhere in Europe, this led to much stricter ad laws, citing Belgium, Italy, Spain and Great Britain as examples of countries where varying degrees of limits have been placed on gambling ads. Regions: Europe Western Europe Netherlands “Do not look for the edges; advertise in an appropriate and responsible manner. We have a common interest in ensuring the proper legalisation and regulation of online gambling.” Last week, the KSA announced it would crack down on affiliates advertising unregulated gambling for Dutch customers. In its previous round of action against affiliates, the KSA said it examined 44 websites, which were reported upon and sanctions were subsequently imposed. However, Jansen said that these rules were “not necessarily” going to prevent oversaturation, as there is no limit on the amount of ads that may be broadcast as long as they are legal. Jansen noted that, with the regulated Dutch igaming market opening from 1 October, operators will naturally wish to attract customers, which could potentially lead to “a bombardment of advertisements”. Marketing regulation For example, radio and television ads for high-risk products such as online casino games are prohibited between 6am and 9pm, while operators may not “incite undue participation in gambling” or target vulnerable groups such as young people. Tags: Kansspelautoriteit AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Dutch market is set to open after the Remote Gambling Act came into effect on 1 April, having been delayed on three different occasions.center_img René Jansen, chairman of Dutch regulator de Kansspelautoriteit (KSA), has warned operators to moderate their advertising when the country’s igaming market opens, or risk a public backlash and harsher marketing laws. After the act came into effect, operators could apply for licences. The regulator revealed that it had received 28 licence applications as of 19 April. Subscribe to the iGaming newsletter 20th May 2021 | By Daniel O’Boyle KSA chair Jansen warns against gambling ad “bombardment” Topics: Marketing & affiliates Regulation Marketing Marketing regulation While Jansen noted that he could not predict whether the same would ultimately happen in the Netherlands, he said that certain limits have already been put in place in the Dutch regulatory framework to prevent excessive advertising. “The experiences abroad have hopefully taught us that the industry itself also has a responsibility,” Jansen said. Email Addresslast_img read more

Nigeria Enamelware Company Plc (ENAMEL.ng) HY2017 Interim Report

first_imgNigerian Enamelware Company Plc (ENAMEL.ng) listed on the Nigerian Stock Exchange under the Retail sector has released it’s 2017 interim results for the half year.For more information about Nigerian Enamelware Company Plc (ENAMEL.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Nigerian Enamelware Company Plc (ENAMEL.ng) company page on AfricanFinancials.Document: Nigerian Enamelware Company Plc (ENAMEL.ng)  2017 interim results for the half year.Company ProfileNigerian Enamelware Company Plc manufactures and markets a range of enamelware, plastic products and galvanised buckets. The company also produces a selection of home furnishings, cosmetic jewelry and electrical bicycles. Nigeria Enamelware Company Plc is a subsidiary of I Feng Limited, a company based in Hong Kong. Its head office is in Lagos, Nigeria. Nigerian Enamelware Company Plc is listed on the Nigerian Stock Exchangelast_img read more

Is now the right time to buy the Greatland Gold (LSE: GGP) share price?

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Rachael FitzGerald-Finch | Thursday, 27th August, 2020 | More on: GGP Simply click below to discover how you can take advantage of this. Enter Your Email Address Is now the right time to buy the Greatland Gold (LSE: GGP) share price? Rachael FitzGerald-Finch has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Investing in gold is de rigueur! Even legendary investor Warren Buffett, famous for shunning the yellow metal, reveals his firm Berkshire Hathaway bought almost 21m shares in miner Barrick Gold earlier this year. He’s not alone. Shares in AIM-listed Greatland Gold (LSE: GGP) have rocketed 665% since the beginning of 2020.Why are people investing in gold?Gold is a hedge against uncertainty and inflation. Traditionally in volatile markets, investors pile in and buy the metal because it’s considered to maintain its store of value if the value of money drops. Currently, the economic uncertainty surrounding Covid-19 is stimulating gold demand.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…In addition, persistently low bond yields reinforce this response to uncertainty and inflation. With inflation rising, investors in gilts and other government bonds will likely lose money over the longer term. Hence, gold is a very attractive investment. And with $14t of global debt carrying a negative yield, many investors believe gold prices will continue to climb.Moreover, if the gold price is high, so are the margins of mining stocks. The Greatland Gold share price explosion is a good example. And investing in gold miners offers advantages over buying the commodity directly.The advantages of mining stocksMining stocks have three main advantages over buying physical gold.Firstly, their strategies can be adapted to suit the changing environment. Gold production can be ramped up or down as required.Secondly, profitable gold miners may pay a dividend, whereas gold transportation and storage cost money.And thirdly, mining businesses produce financial statements, strategy reports, and other documentation that enable analysis and sound decision-making. In contrast, there is limited data about gold demand.So, how does Greatland Gold stock weigh up as an investment case when measured against these advantages? How does the Greatland Gold share price stack up?Firstly, Greatland Gold isn’t yet producing any gold. Consequently, its production processes can’t be altered accordingly, and its margins won’t grow with increasing gold prices. In addition, it doesn’t even seem to be setting itself up for gold production.Recently, Greatland commenced systematic drill testing at its Scallywag prospect area in the Paterson region of Australia. And things are looking good.But, according to its farm-in agreement, if it manages to develop its product, it could sell it to its partner Newcrest. Alternatively, it could process the mined deposits at Newcrest’s nearby Telfer mine. Outputs from this mine go to the Perth mint, or are shipped as cheaper copper-gold concentrates to East Asia. Whichever route it chooses, Greatland Gold producing gold directly is unlikely.Secondly, Greatland Gold hasn’t yet turned a profit, meaning there is no dividend either. This is in stark contrast to Buffett’s choice of gold stock, Barrick Gold.Greatland did, however, produce the right documentation for me to weigh all this up!So, although there is a market demand for investing in gold, I don’t think Greatland Gold is in the best position to take advantage of it. But, it’s this same gold-optimism that appears to be driving the Greatland Gold share price explosion. Consequently, this is one mining stock I won’t be buying into.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Rachael FitzGerald-Finchlast_img read more

Journey through rugby – Steve Thompson

first_imgI would never have played for England without Simon and I will be forever grateful for the dedication he showed. He didn’t tell me until years later what Clive had said.I used to dread the ball going out in my early days at Northampton because it meant a lineout, but now I look forward to the set-piece. I never lost faith – you either break or you move forward.I’m bloody-minded and I think that helped hugely when I came back from my neck injury, which initially led to me retiring. The World Cup was the big aim when I came back from that injury and to conquer what you first think you can’t do is the best feeling for me.Enjoyment of the sport is what inspires me to work hard enough to play for England. Sometimes when I was young I didn’t enjoy games because I was worrying about them so much, whereas now I’m older I enjoy every game.The hookers in the England squad are like a little team in themselves and that is how it’ll be in New Zealand. I’m always happy to help Dylan (Hartley) and Lee (Mears) and it is the same for them with me. The coaches pick the team, not us, so we need to stick together.The spirit in this group is great and that is where I think the squad is really good at the moment, because everyone wants to help each other. I hope my experience can help as this tournament is the biggest bubble we’ve ever been in.DID YOU KNOW?Thompson scored his first Test try in six years when touching down in England’s 24-8 defeat to Ireland in March. His last try had been against Italy in 2005This article appeared in the October 2011 issue of Rugby World Magazine.Find a newsagent that sells Rugby World in the UK Steve Thompson in training with the rest of his teammates in DunedinNationality: EnglishAge: 33 (15 July 1978)Position: HookerBorn: Hemel HempsteadSteve Thompson won the 2003 World Cup but retired with a neck injury in 2007. Now he’s back on the Test stage and challenging for another World Cup. The hooker tells us about his life in rugby…Rugby was something I only watched on TV or in the crowd at Franklin’s Gardens until I was 15 when a teacher, Mark Lee, at my school, Northampton School for Boys, suggested I gave it a try.Anger issues are something I had a few of and as I’d only played football and basketball up until then – I was a lot slimmer! – Mark thought it was the perfect sport for me.In school matches Mark used to shout at me, “You’ll play for England.” He would regularly stop games and give penalties against me for not passing, running too far with the ball or holding it under one arm. The opposition used to look at him as if he was mad!I’d get into trouble at school and Mark was always there to tell other teachers I needed to do rugby training rather than detention.I think the teachers saw a lad with a chip on his shoulder, who was quite sporty, big, aggressive and luckily had a bit of speed as well. Those things carried me through.Basketball really helped me with my hand-to-eye coordination so you don’t need to have played the game all your life to succeed.I left school at 16 and joined Northampton Old Scouts, whose pitches were next to the school playing fields, and from there I made it into the Saints Academy.My move from the back row to hooker came about thanks to Ian McGeechan and Colin Deans. I even played a few matches at tighthead, which helped me to understand the intricacies of the scrum. It taught me the ‘language’ of the front row.England took me on their tour of North America in 2001, but I had a knee injury so wasn’t meant to play. But the injury healed and I came on as a sub, in the back row, in the final game in LA and seemed to do well.Clive Woodward told Simon Hardy, England’s lineout coach, that I would play against Scotland at the start of the 2002 Six Nations at hooker and that he had to get me ready. Simon didn’t tell me, of course, but used to turn up at my houseto coach me, sometimes every day. I used to think, ‘Why’s he making all this effort with me?’ Or perhaps you’d like a digital version of the magazine delivered direct to your PC, MAC or Ipad? If so click here.For Back Issues Contact John Denton Services at 01733-385-170 visitcenter_img LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Cervantes Building / Saiz+Rendueles Arquitectos

first_img Cervantes Building / Saiz+Rendueles Arquitectos “COPY” Projects Year:  Products used in this ProjectAnti-Corrosive CoatingsSTAC BONDComposite Panel Finishes – SolidsBuilder:InviasaPlumbing:Alfredo Sanjuán S.AElectricity:Cerma y Arriaxa S.L.Air Conditioning:SAVISAAuthor Architectes:Ángel Saiz Artal, Liliana Rendueles AceboPromoter:Cervantes 19 S.L.City:ZaragozaCountry:SpainMore SpecsLess SpecsSave this picture!© Eugeni PonsText description provided by the architects. This residential building makes the most of a tiny space that enjoys a privileged location on a chamfered sidewalk street corner.Save this picture!© Eugeni PonsThe public space takes the lead. The strong volumen of the building steps back on the corner to emphasize the main access.Save this picture!SectionSave this picture!ElevationThe building consists in two prisms whose facades face both streets. Each prism hides several homes. These prisms join on the stairs of the building that can be seen from the outside through a hole that “walks” the facade vertically from top to bottom. This hole both gives light and air to the interior of the building.Save this picture!© Eugeni PonsThe terraces of the facade unify the holes also maximize the entrance of natural light. They are lined inside with phenolic panels wood-coloured that deliver a sense of depth and warmth to the interiors. The lattice guarantees privacy also invigorates the elevation.Save this picture!© Eugeni PonsProject gallerySee allShow lessMasterplan by SLA and Ramboll Aims to Alleviate Flooding in CopenhagenUnbuilt ProjectReframingBack/ImperativeConfrontations: Inside Egypt’s Pavilion at the 2016 Venice …ArticlesProject locationAddress:Zaragoza, Zaragoza, SpainLocation to be used only as a reference. It could indicate city/country but not exact address. Share Save this picture!© Eugeni Pons+ 20 Share Photographs:  Eugeni PONS Manufacturers Brands with products used in this architecture project ArchDaily “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/789955/cervantes-building-saiz-plus-rendueles-arquitectos Clipboard Architects: Saiz+Rendueles Arquitectos Year Completion year of this architecture project center_img CopyApartments•Zaragoza, Spain 2015 Photographs Cervantes Building / Saiz+Rendueles ArquitectosSave this projectSaveCervantes Building / Saiz+Rendueles Arquitectos ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/789955/cervantes-building-saiz-plus-rendueles-arquitectos Clipboard Spain Manufacturers: STAC BOND, Trespa, Levantina, Saloni, Altres S.L., Artico Mobiliario S.L., Carpintería José Rutia S.L., Cristalería Losal S.L., Forjas Casado S.L. Products translation missing: en-US.post.svg.material_description Apartments CopyAbout this officeSaiz+Rendueles ArquitectosOfficeFollowProductSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsZaragozaSpainPublished on June 27, 2016Cite: “Cervantes Building / Saiz+Rendueles Arquitectos” 27 Jun 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MSun Control Film – Prestige ExteriorShowerhansgroheShowers – Croma SelectWall / Ceiling LightsSpectrum LightingLED Downlight – Infinium 3″ Round FlangelessVentilated / Double Skin FacadeCosentinoDekton Cladding in LD Sevilla hotelSealantsSikaJoint SealingBeams / PillarsLunawoodThermowood Frames and BearersPorcelain StonewareApariciPorcelain Tiles – MarblesCeramicsTerrealTerracotta Facade in Manchester HospitalWindowspanoramah!®ah! CornerHome AppliancesGIRAGira Keyless in – Door communicationLightsLinea Light GroupIntegrated Lighting – Fylo+More products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Consultancy makes leadership changes

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Ireland Recruitment / people Following the retirement of their long time managing director John Connelly, Community Counselling Service (CCS), one of the world’s largest fundraising consultancies, has appointed Charlie Michaud as the new MD. Connelly was involved with CCS and the charitable sector for 33 years. Michaud has 13 years fundraising experience with universities, schools, hospitals, membership associations and faith based organisations. He will be joined by Jonathan Braniff who has worked on a number of high profile fundraising campaigns recently for Catholic dioseses in Ireland and the UK. CCS has a number of offices in the USA, London and Dublin. The company was owned by the Allied Irish Bank who sold it to a number of employees two years ago. Advertisement Howard Lake | 2 May 2006 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Consultancy makes leadership changeslast_img read more

Broadcast making fun of Berlusconi is censored

first_img News Reporters Without Borders today deplored the banning by the state-owned RAI broadcasting network of a special edition of the satirical programme “Blob” focusing on Italian prime minister Silvio Berlusconi and said it was a deliberate attempt to bring the state-owned TV station to heel. Organisation Help by sharing this information RSF_en October 11, 2002 – Updated on January 20, 2016 Broadcast making fun of Berlusconi is censored On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia ItalyEurope – Central Asia News Follow the news on Italy December 2, 2020 Find out more RSF and 60 other organisations call for an EU anti-SLAPP directive News Reporters Without Borders today deplored the banning by the state-owned RAI broadcasting network of a special edition of the satirical programme “Blob” focusing on Italian prime minister Silvio Berlusconi and said it was a deliberate attempt to bring the state-owned TV station to heel.”Banning a quality satirical programme such as Blob because it criticises the prime minister too often is censorship plain and simple,” said Reporters Without Borders secretary-general Robert Ménard in a letter to RAI 3 director-general Agostino Saccà. “This episode further tarnishes the image of Italy, which is already the only country in the European Union where media diversity is under threat.”We urge you to reverse this decision and allow the programme to be broadcast,” he said.Saccà refused to allow the third in a Blob series on Berlusconi to go out, saying that four 40-minute broadcasts devoted to the prime minister in the space of a week was “perhaps a bit much.” It was not censorship, he said, but “just a discussion” he had had with the head of RAI 3 director Paolo Ruffini.The programme, called “Berlusconi Against Everyone” and due to be broadcast on 8 October, focused on the prime minister’s mannerisms during press conferences and major political broadcasts. The programme comprises a montage of existing film clips, shown without comment.The chief editor of Blob, Enrico Ghezzi, said the RAI chiefs had not seen the programme before banning it. “It’s rather shocking to pre-censor a programme that is just made up of film clips that have already been broadcast,” he said. “They acted as if they thought the pictures of Berlusconi were in themselves a criticism.”The political shows of opposition journalists Michele Santoro (“Sciuscià”) and Enzo Biagi (“Il Fatto”) were dropped earlier this year from RAI’s new programme schedule after Berlusconi had harshly criticised them. Reporters Without Borders denounced this move against programmes that were especially critical of the government. It notes that the three RAI channels play a key role in maintaining broadcasting diversity in Italy while Berlusconi controls Mediaset, that runs the country’s three main privately-owned national TV stations. to go further Ten RSF recommendations for the European Union ItalyEurope – Central Asia News Receive email alerts November 23, 2020 Find out more November 19, 2020 Find out morelast_img read more

1,000 students conferred at Mary Immaculate College

first_imgAdvertisement RELATED ARTICLESMORE FROM AUTHOR Limerick’s Student Radio Station Wired FM Celebrates 25 Years on Air Email Limerick Post Show | Is fearr Gaeilge bhriste ná Béarla cliste Twitter Linkedin WhatsApp TAGSeducationGraduation 2014Limerick Bishop Brendan LeahyMary Immaculate CollegePresident of Mary Immaculate CollegeProf Michael A Hayes Limerick social entrepreneurs honoured for their work in response to covid-19center_img Attending the Mary Immaculate College Graduation Day were Ian Hickey, Caherdavin; Oisin Fahey, Ardrahan, Co. Galway and Eanna Burns, Sixmilebridge, Clare and Lorna Kiely, Raheen, Limerick, who all graduated with a BA in Arts. Pic: Gareth Williams / Press 22Attending the Mary Immaculate College Graduation Day were Ian Hickey, Caherdavin; Oisin Fahey, Ardrahan, Co. Galway and Eanna Burns, Sixmilebridge, Clare and Lorna Kiely, Raheen, Limerick, who all graduated with a BA in Arts. Pic: Gareth Williams / Press 22CLOSE to 1,000 students from 23 countries and three continents were conferred with academic awards across Mary Immaculate College’s 27 programmes.This year also saw 13 students being conferred with PhD awards.Sign up for the weekly Limerick Post newsletter Sign Up Limerick graduates fared particularly well this year, picking up less than nine awards for excellence, including Lisa Stuart from Annacotty, who was awarded the College Medal for first place in the Bachelor of Arts degree and the College Medal for first place in History,Also among those graduating was the last ever cohort of the three-year B.Ed (Primary Teaching) programme, as following a review by the Teaching Council of Ireland, the course was developed into a four-year programme in 2012.“I imagine that your years of study here at MIC have contributed much to making you more ‘magnanimous’, more open to reality in its fullness, more understanding of where we have come from and, ultimately, more desiring of building a new world, one that is more united, more big-souled, more at peace.“I wish you well in whatever the future holds for you – and I invite you in whatever adjustments lie before you in life to always revisit the inspiring ideals and horizons that opened up for you here,” commented guest speaker Bishop of Limerick Brendan Leahy, who is chair of MIC’s governing body.A total of 61 students who received first class honours in MIC’s four undergraduate degree programmes and the Graduate Diploma in Education (Primary Teaching) were granted a Mary Immaculate College President’s Postgraduate Scholarship for the Academic Year 2014 – 2015.The scholarship will enable the students to pursue postgraduate study at MIC at graduate diploma or Masters level.Speaking at the ceremony, MIC president Professor Michael A Hayes said: “It is true that as graduates you enter into a world of economic and social insecurity, where former certainties about employment and identity can no longer be assumed.“But be certain of this, that your education and formation here will have put you in good stead to meet these and other challenges, for here you have been helped to play your role in creating a new knowledge society, but even more importantly a just society.” New Report from MIC Reveals the Reality of Human Trafficking in Ireland Print Week-long Celebration of Women as MIC Marks International Women’s Day Facebook Previous article‘Common sense’ proposal aimed at averting property tax increaseNext articleFormer Andersen plant offers opportunity to Rathkeale John Keoghhttp://www.limerickpost.ie Is fearr Gaeilge bhriste ná Béarla cliste News1,000 students conferred at Mary Immaculate CollegeBy John Keogh – October 30, 2014 2162 last_img read more

GSEs’ Investment Portfolios Are Steadily Winding Down

first_img January 25, 2016 3,914 Views in Daily Dose, Featured, News, Secondary Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Led by Housing, Economy Suffers Slight Setback to End 2015 Next: DS News Webcast: Tuesday 1/26/2016 Fannie Mae Freddie Mae Mortgage Investment Portfolios 2016-01-25 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Tagged with: Fannie Mae Freddie Mae Mortgage Investment Portfolios The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img GSEs’ Investment Portfolios Are Steadily Winding Down Subscribe Servicers Navigate the Post-Pandemic World 2 days ago The mortgage-related investment portfolios for both Fannie Mae and Freddie Mac continue to contract and were both well below their 2015 portfolio cap, according to Urban Institute’s Housing Finance at a Glance: Monthly Chartbook for January 2016 released on Monday.Fannie Mae’s mortgage-related investment portfolio totaled $353.5 billion as of the end of November while Freddie Mac’s portfolio was valued at $344.9 billion. The values of portfolios for both Fannie Mae and Freddie Mae fell well below the cap for 2015 of $399.18 billion and were higher than the 2016 cap, which is $339.3 billion, according to the Urban Institute.“Both GSEs continue to reduce their portfolio size; relative to November 2014, Fannie contracted by 16.6 percent, and Freddie Mac by 14.2 percent,” the report stated. “They are shrinking their less liquid assets (mortgage loans and non-agency MBS) at a similar pace—or even more rapidly—than they are shrinking their entire portfolios.”In November, Fannie Mae’s portfolio contracted at its highest rate for any one month of 2015, shrinking by 30.2 percent (about $11 billion) down to its most recently reported value of $353.5 billion. November marked the eighth straight month of contraction for Fannie Mae’s portfolio. The portfolio has expanded in only three months out of the last 64 since June 2010 (March 2015, January 2015, and December 2012). At the beginning of that stretch in June 2010, the portfolio’s value was $818 billion. At the start of 2015, the portfolio’s value was $414.8 billion.Freddie Mae’s mortgage-related investment portfolio contracted in 10 of the first 11 months in 2015, including at rates of 35.8 percent in November and 37.8 percent in October. The only month in 2015 for which the portfolio expanded was March (at a rate of 4.2 percent). Like Fannie Mae, November 2015 marked the eighth straight month of decline for Freddie Mac’s mortgage-related investment portfolio down to its current value of $344.9 billion. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / GSEs’ Investment Portfolios Are Steadily Winding Down Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Bar Council of UP Moves Delhi High Court Against BCI’s Decision To Oversee Its Activities, Conduct Elections

first_imgNews UpdatesBar Council of UP Moves Delhi High Court Against BCI’s Decision To Oversee Its Activities, Conduct Elections Akshita Saxena25 Feb 2021 9:24 PMShare This – xThe Delhi High Court has sought response from the Bar Council of India on a petition filed by the State Bar Council of Uttar Pradesh, alleging that the former is attempting to take over its functioning. A Single Bench of Justice Prathiba M. Singh has asked the counsel appearing for BCI to urgently seek instructions in the matter by next week. Background The Bar Council of UP and…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Delhi High Court has sought response from the Bar Council of India on a petition filed by the State Bar Council of Uttar Pradesh, alleging that the former is attempting to take over its functioning. A Single Bench of Justice Prathiba M. Singh has asked the counsel appearing for BCI to urgently seek instructions in the matter by next week. Background The Bar Council of UP and its Chairman have challenged two Circulars issued by the Bar Council of India, alleging that the same amount to interreference in its functioning. The impugned Circulars dated 19th January, 2021 and 2nd February, 2021 appoint a nine-member Committee to look after the activities of the Bar Council of UP and a three-member Committee for conducting its elections. Arguments Opposing the same, Petitioner’s counsel, Senior Advocate Meenakshi Arora submitted that vide the impugned circulars, the State Bar Council has, in effect, been superseded by the BCI and its bank accounts are put under the control of the three-member election committee. In its order, the Single Judge recorded that the main grievance of BCI on the other hand is that the current term of Chairman in the Bar Council of UP has been divided between two persons i.e., for 6 months each, which is not permissible as per the BCI Rules. However, Advocate Arora argued that previously also such an arrangement has been approved by the BCI. She also informed the Court that the Bar Council of UP has unanimously resolved that Mr. Rohitshav Kumar Aggarwal shall continue working as its Chairman. Taking note of the urgency of the matter, Justice Singh has fixed the case for hearing on March 3, 20201. Petitioner Bar Council of Uttar Pradesh was represented by Ms. Meenakshi Arora, Senior Advocate,  along with assisting counsels, Shishir Prakash, Ms. Karuna K. Thareja, Saurabh Soni, Rajiv Bajaj, Ms. Mannat Singh, Advocates. Bar Council of India was represented by Rajiv Bansal and Mr. Preet Pal Singh, Advocates. Case Title: Bar Council of Uttar Pradesh & Anr. v. Bar Council of India & Ors. Click Here To Download Order Read OrderNext Storylast_img read more