Deutsche set to fight HMRC

first_img DEUTSCHE Bank has officially confirmed its intention to appeal a tribunal decision which ruled against a scheme it established to avoid taxes on bonuses.The January decision against the bank by Judge David Williams affects a £92m pay pot Deutsche set up in the Cayman Islands before rule changes made the arrangement illegal.A spokesman for the bank said: “This was a one-off arrangement from seven years ago and hasn’t been repeated. We believe it met all requirements at the time and are appealing the decision.” Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com whatsapp Share Sunday 3 April 2011 11:43 pmcenter_img Deutsche set to fight HMRC KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULL whatsapplast_img read more

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Kenya Commercial Bank Limited Group (KCB.ug) 2000 Annual Report

first_imgKenya Commercial Bank Limited Group (KCB.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2000 annual report.For more information about Kenya Commercial Bank Limited Group (KCB.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited Group (KCB.ug) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited Group (KCB.ug)  2000 annual report.Company ProfileKenya Commercial Bank Limited (KCB Group) is a leading financial institution offering retail and corporate banking services in Uganda through its subsidiary company. KCB Group offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in treasury bills and bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Uganda Securities Exchangelast_img read more

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The 100 Best Players In The World: 30-21

first_img The 100 Best Players In The World: 40-31 Expand The 100 Best Players In The World: 40-31 LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS The 100 Best Players In The World: 2 Beauden Barrett Expand Take a look at who has made it… The 100 Best Players In The World: 80-71 23 Hamish Watson Indestructible: He has to be one of the most difficult players tot tackle in world rugby (Getty Images)Age 27 (15.10.91) Position Back-row“Rampage.” A word repeatedly used to describe Watson’s cameo in the final quarter of the Six Nations match against Wales. In a 15-minute reintroduction to Test rugby after a spell out with injury, the Edinburgh pinball handed off half the Welsh team. With his five carries, Wales missed ten tackles on him.For all the memes, gifs and commentary this produced, it was not a one-off. Later in March, a clip of him did the rounds. In it he is seen against Leinster, peeling off the back of a drive, escaping one tackle and handing off Rhys Ruddock two or three times as he plunged into opposition territory. When he went down he had attracted three defenders. He also started six of Edinburgh’s seven Champions Cup games as they reached the last eight.This all stands out because in the past Watson has faced questions about his size. In 2017, the 6ft 1in, 16st openside said: “You just work on your strengths, and it’s harder for bigger guys to get down and compete with my jackling.” In 2018 he told Scrum magazine: “Lining up in the tunnel, I’m probably one of the smaller players bar the nines.”In 2019 we are only talking about the scale of Watson’s impact.22 Danny CiprianiFlawed Genius: Lack of adaptability has probably cost Cipriani many England caps (Getty Images)Age 31 (2.11.87) Position Fly-halfSome see Cipriani as an enigma. Wrong, being enigmatic is nothing to do with it. His genius depends not so much on the opposition but on his own team and coach. It is impossible for genius to flow if you are surrounded by 14 mental clodhoppers. And he cannot flourish unless the coach trusts him to run the whole attack.His strength is to call for the ball from the forwards when he thinks fit – and to make the next plays on the hoof, no set move, just a basic framework of runners at different angles. The speed at which he can find the best option for his pass is breathtaking.He was the ideal ringmaster at Wasps with Jimmy Gopperth outside him, Elliot Daly and Christian Wade out wide and Willie le Roux at 15. At Gloucester, alongside Billy Twelvetrees and Mark Atkinson, he’s been similarly effective.What you cannot do is sign Danny for your team, then insist that he conforms to what is already there. Which is why the Premiership and RPA Player of the Year so rarely gets chosen by England.21 Michael HooperUnflappable: Hooper just keeps on playing and performing at the highest level (Getty Images)Age 27 (29 October 1991) Position Back-rowSuper Hooper likes to get things done fast, whether snaffling turnovers, busting defences or clocking up cap tallies. He raced to a half-century of Wallaby appearances in a record three years four months, and is on course to become the youngest Test centurion.He should win his 100th cap during this year’s Rugby World Cup – two years earlier than Sam Whitelock and George Smith, who reached their milestones aged 29.He’s already hit one century this year, running out for the Waratahs for a 100th time, and has been far and away the best tackler in Super Rugby. No wonder Rugby Australia pinned him down to a five-year deal 12 months ago, one that will take him through to Rugby World Cup 2023.Bernard Foley describes Hooper as “the soul” of the Waratahs and hails his team-mate’s work ethic, saying: “He buries himself so much in games and then he pulls his head out of a ruck and his eyes are going every which way.”Hooper’s captaincy, too, is vital – never more so than during a challenging period for Australian rugby that centred on the sacking of Israel Folau.Waratahs coach Daryl Gibson says: “The major growth when I’ve been here is his development as a leader. He’s very driven to make sure he is the best leader he can be. It’s often said that if you had 15 like him you’d never lose.” Beauden Barrett narrowly misses out on top spot… Our bronze medallist in the list of the… Expand The 100 Best Players In The World: 20-11 The 100 Best Players In The World: 10-4 Expand Our next section of the 100 best players… The 100 Best Players In The World: 80-71 Our next section of the 100 best players… The 100 Best Players In The World: 70-61 Our next section of the 100 best players… The 100 Best Players In The World: 60-51 The 100 Best Players In The World: 90-81 The 100 Best Players In The World: 60-51 Expand Expand We kick off our list of the 100… The 100 Best Players In The World: 20-11 The 100 Best Players In The World: 50-41 An Enigma: Cipriani has made very few appearances for England (Getty Images) Expand The 100 Best Players In The World: 1 Alun Wyn Jones Expand The 100 Best Rugby Players In The World: 30-2130 Sam WhitelockNext Up: Whitelock is thought to be the next All Blacks captain (Getty Images)Age 30 (12.10.88) Position Lock“A deep thinker on the game,” says Steve Hansen of his second-row. An extraordinary footballer to boot, Whitelock is hotly tipped to take over as All Blacks captain when Kieran Read stands down after the 2019 Rugby World Cup. Has years left in him at the very top.29 Jonny May Prolific Scorer: May certainly knows where the try line is (Getty Images)Age 29 (1.4.90) Position WingHe might have had a stressful season with Leicester but the phenomenally quick May had the time of his life with England and individual awards came his way. He scored in five consecutive Tests last year and bagged six more tries in the Six Nations, including a hat-trick against France. England attack coach Scott Wisemantel has likened him to a Ferrari.28 Richie Mo’ungaPushing It: Mo’unga is keeping Beauden Barrett honest for the starting 10 All Blacks jersey (Getty Images)Age 25 (25.5.94) Position Fly-halfSo good in guiding the Crusaders to successive titles that debate has raged over whether Mo’unga should start ahead of two-time World Player of the Year Beauden Barrett. He has exceptional feet, thrives challenging the line and his cross-field kicks regularly break open defences.27 Maro ItojeBorn Competitor: Itoje fights for everything on the park (Getty Images)Age 24 (28.10.94) Position LockPerhaps we’re harsh to demote Itoje since our last top 100, but his propensity for conceding unnecessary penalties is holding him back. It’s the only criticism you could lay on him for in every other way he is an utter marvel – a muscular menace to haunt all rivals. His USP? “He competes for every single moment. He fights for that extra 1%,” says Pat Lam.26 Malcolm MarxFamiliar Story: Marx is might over the ball but could still improve his throwing (Getty Images)Age 24 (13.7.94) Position HookerA powerful scrummager and carrier, Marx is a fine athlete and acts as an auxiliary loose forward for the Lions and Springboks. He wins penalties by slowing down ball at the breakdown, which is why the odd errant lineout throw is forgiven. If he improves his throws, he’ll be the complete player.25 Rieko IoaneTry a Game: He has 22 in 24 All Black Tests at the moment (Getty Images)Age 22 (18.3.97) Position WingStill only 22, Ioane has racked up 22 tries in 24 Tests for the All Blacks. He’s a wing who manages to reach top speed in the relative blink of an eye. A great sidestep and an improving fend make him one of the pre-eminent finishers of the era. A New Zealand Herald report last year stated that he is probably the fastest All Black in history too.24 Emily ScarrattClassy Centre: Scarratt rarely puts a foot wrong (Getty Images)Age 29 (8.2.90) Position CentreScarratt returned to 15s from sevens on a pro deal at the start of the year and helped England win a Grand Slam. A classy operator who makes powerful breaks and boots the ball long distances, it’s her vision that puts her among the best in the game. Our next section of the 100 best players… The 100 Best Players In The World: 2 Beauden Barrett The 100 Best Players In The World: 70-61 The 100 Best Players In The World: 90-81 The 100 Best Players In The World: 1 Alun Wyn Jones Our next section of the 100 best players… Expand Expand The 100 Best Players In The World: 100-91 Fortunately for the rest of the world, there’s only one Michael Hooper! Welsh talisman Alun Wyn Jones takes the top… The 100 Best Players In The World: 100-91 The 100 Best Players In The World: 3 Mako Vunipola The 100 Best Players In The World: 10-4 The 100 Best Players In The World: 3 Mako Vunipola Our next section of the 100 best players… The 100 Best Players In The World: 50-41 Collapse Our next section of the 100 best players goes from 30-21. Take a look at who makes the cut Our next section of the 100 best players… Expand Don’t forget to follow Rugby World on Facebook and Twitter.last_img read more

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Water still unsafe after Elk River chemical spill

first_imgBusinesses and individuals have filed 30 lawsuits to make claims against Freedom of lost business, health concerns, medical monitoring and more. Some of the filings are potential class actions, and some seek punitive damages.Freedom Industries filed for Chapter 11 bankruptcy protection on Jan. 17.  The bankruptcy documents revealed that Freedom owes more than $2.4 million in taxes to the IRS dating back to 2000. The bankruptcy is likely aimed at sheltering Freedom from claims for the damage.When a company files for Chapter 11, it must find a lender to finance its restructuring.  This financer in turn gets first dibs on acquiring company assets if it goes under completely.  A company named “Mountaineer Financing, LLC” is acting as financer for Freedom.According to the West Virginia Secretary of State website, this company was incorporated the exact same day, Jan. 17, as Freedom declared bankruptcy.  The website lists two officers of the company. The first officer listed for the new company is a man by the name of J. Clifford Forrest, who is also the current owner of Freedom Industries.This maneuver could allow the owner to keep control of Freedom’s assets while avoiding some of the claims against Freedom. West Virginians are familiar with these questionable maneuvers.For as long as can be remembered, industry bosses and the state Legislature have been hand in hand in fighting against regulation of things such as clean water. For instance, when a coal company pollutes the water, a private company such as West Virginia American Water will come in and supply clean water for aid.The Jan. 16 Charleston Gazette reported that the “aid” water West Virginia America was distributing was itself contaminated.  People refused to drink it as it smelled just like their contaminated water at home.This aid is paid for not by the coal company but mainly through state and federal agencies. The coal giants have their way in West Virginia. In fact, King Coal’s irreparable damage to the water tables throughout the state is why as many as 300,000 people throughout the nine counties affected by the spill are all on one water intake in the first place.Both Gov. Earl Ray Tomblin and U.S. Sen. Joe Manchin have been extremely active in the media attempting to convince everyone that the chemical spill was not the fault of the coal industry. Manchin defended Big Coal to Chris Hayes of MSNBC saying, “You wouldn’t have the country you have today if it wasn’t for the coal industry.” Waiting in line at a water truck in Charleston, W.Va., Jan. 10.Charleston, W.Va., Jan. 19 — A chemical spill into the nearby Elk River has caused hundreds of local residents to be hospitalized. Now, 10 days after the initial spill, many of the 300,000 people who had to avoid tap water since Jan. 9 find it is still contaminated. People are still being burned and suffering respiratory stress and nausea when using the water after it was deemed safe.Thousands of gallons of crude methyl cylcohexane methanol (MCHM) had oozed through a porous containment wall from a Freedom Industries’ containment tank into the river and subsequently passed into a water facility intake that serves the 300,000 area residents with tap water. The tanks had not been inspected since 1991.Hospitals stayed open during the whole period. A nurse, who preferred to remain anonymous, told Workers World she received a chemical burn while working.Freedom Industries then moved the containers of crude MCHM to nearby Nitro, W.Va. When the Department of Environmental Protection inspected the new storage location, it cited Freedom for five different violations, one of which was the lack of secondary containment structures. Other violations include failing to follow stormwater and groundwater guidelines, not filing monitoring reports and not properly storing drums with potential contaminants.Freedom files for bankruptcy The best Congress money can buyFreedom Industries is not itself a coal company, however. It is a distributor of a chemical specifically used for the processing of coal for the Koch Industry subsidiary Georgia-Pacific.The Huffington Post reported that House Speaker John Boehner had received $5,000 from Freedom’s vice president of sales and marketing.  When pressed for a comment on the spill he said, “I am entirely confident that there are ample regulations already on the books to protect the health and safety of the American people.”On Jan. 11, the same day as the chemical spill, the U.S. House of Representatives passed a Republican-sponsored bill that will gut U.S. toxic waste cleanup regulations. H.R. 2279, otherwise known as “The Reducing Excessive Deadline Obligations Act,” would basically eliminate the power of the Environmental Protection Agency to impose clean up deadlines and weaken the government in forcing companies to carry insurance for such spills. One of the five Democrats to cross party lines and support the bill was West Virginia Rep. Nick Rahall.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Senate Could Move Quickly on Farm Bill

first_imgHome Indiana Agriculture News Senate Could Move Quickly on Farm Bill SHARE SHARE Senate Majority Leader Harry Reid had already stated he wants to the Senate to take up the farm bill this month. With Congress scheduled to begin the Memorial Day recess on May 24th – that doesn’t leave much time to move the bill to the floor. Senate Ag Chair Debbie Stabenow has announced the committee will hold its farm bill markup next Tuesday (May 14) – and according to New York Senator Kirsten Gillibrand – the bill could move to the floor next week as well. Gillibrand believes there will be small changes in committee – but not many.Source NAFB News Service Facebook Twitter Senate Could Move Quickly on Farm Bill Facebook Twitter By Gary Truitt – May 7, 2013 Previous articleDow AgroSciences Receives EPA Registration for New Class of InsecticidesNext articleGroups Craft Crop Insurance Compromise Gary Truittlast_img read more

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Bahrain : Bahraini court confirms Nabeel Rajab’s five-year jail term

first_img March 17, 2021 Find out more January 2, 2019 Bahrain : Bahraini court confirms Nabeel Rajab’s five-year jail term BahrainMiddle East – North Africa Online freedoms ImprisonedCitizen-journalistsFreedom of expression News Coronavirus “information heroes” – journalism that saves lives News October 14, 2020 Find out more Tenth anniversary of Bahraini blogger’s arrest to go further RSF condemns the harshness of this latest sentence in the strongest possible terms, as well as the iniquity of the proceedings that led to it, and urges the Bahraini authorities to free Rajab at once. BahrainMiddle East – North Africa Online freedoms ImprisonedCitizen-journalistsFreedom of expression News Follow the news on Bahraincenter_img He previously received a separate two-year prison sentence in July 2017 on a charge of  disseminating “rumours” and “false news” for criticizing the Bahraini authorities in TV interviews. RSF_en German spyware company FinFisher searched by public prosecutors Rajab, who heads the Bahrain Centre for Human Rights (BCHR) and has been held since June 2016, received the sentence on 21 February for tweets criticizing conditions in Bahrain’s Jau prison and the Saudi-led military intervention in Yemen. Help by sharing this information Receive email alerts Reporters Without Borders (RSF) condemns the decision by Bahrain’s court of cassation on 31 December to reject citizen-journalist and human rights defender Nabeel Rajab’s appeal against his five-year jail sentence and reiterates its call for his immediate and unconditional release. News June 15, 2020 Find out more Organisation A total of 15 journalists and bloggers are currently detained in connection with the provision of news and information in Bahrain, which is ranked 166th out of 180 countries in RSF’s 2018 World Press Freedom Index.last_img read more

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Odessa police vehicle involed in crash during response

first_img Police searching for woman connected to husband’s death Local NewsCrime Odessa police vehicle involed in crash during response Home Local News Crime Odessa police vehicle involed in crash during response Twitter An Odessa police vehicle was involved in a crash during a response Friday evening, but no injuries were reported.An Odessa police release states an OPD officer was responding to assist another officer around 8:30 p.m. Friday, traveling southbound on Grandview Avenue in a marked vehicle with the lights on and siren activated, when a black 2013 Chevrolet Tahoe traveling eastbound on 8th Street failed to yield the right of way to the OPD unit and collided with it at the intersection of 8th Street and Grandview Avenue.The release identifies Stevi Ortiz, 22, as the driver of the Tahoe and states he was cited for fail to yield right of way to an emergency vehicle.The release details that the officer was responding to assist another OPD officer who was in foot pursuit of a possible shooting suspect. Creamy Fruit SaladHawaiian Roll Ham SlidersVirgin Coco MojitoPowered By 10 Sec Mama’s Deviled Eggs NextStay Pinterest Twitter Pinterest WhatsApp Facebook Facebook Previous articleOdessa man in serious condition after shootingNext articleHIGH SCHOOL BASEBALL: Odessa High advances to regional quarterfinals with win over Abilene High admin RELATED ARTICLESMORE FROM AUTHOR By admin – May 12, 2018 Youngsters urged to be safe over graduation weekends Police searching for man connected to hit and run WhatsApplast_img read more

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Levi Strauss & Co. Commences Senior Notes Offering

first_img Twitter Pinterest WhatsApp Facebook Pinterest Levi Strauss & Co. Commences Senior Notes Offering Local NewsBusiness SAN FRANCISCO–(BUSINESS WIRE)–Feb 2, 2021– Levi Strauss & Co. (NYSE: LEVI) today announced that it is commencing a private placement of $500 million aggregate principal amount of senior notes due 2031. The notes will be general unsecured senior obligations of the company and will rank equally with all of the company’s other senior unsecured indebtedness. The company intends to use the net proceeds from the offering, together with cash on hand, to redeem $800 million aggregate principal amount of the $1 billion aggregate principal amount of its outstanding 5.00% senior notes due 2025 and to pay fees and expenses related to the offering. The notes are not being registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The notes will be offered and sold to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act. The notes are being offered pursuant only to an Offering Memorandum dated February 2, 2021. Statements in this press release regarding the private offering of debt securities shall not constitute an offer to sell or a solicitation of an offer to buy such securities. About Levi Strauss & Co. Levi Strauss & Co. is one of the world’s largest brand-name apparel companies and a global leader in jeanswear. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi’s®, Dockers®, Signature by Levi Strauss & Co.™, and Denizen® brands. Its products are sold in more than 110 countries worldwide through a combination of chain retailers, department stores, online sites, and a global footprint of approximately 3,100 retail stores and shop-in-shops. Levi Strauss & Co.’s reported 2020 net revenues were $4,453 million. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our notes offering and use of proceeds. We have based these forward-looking statements on our current assumptions, expectations and projections about future events. We use words such as, but not limited to, “believe,” “will,” “so we can,” “when,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Investors should consider the information contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year 2020, especially in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections. Other unknown or unpredictable factors also could have material adverse effects on our future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this news release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. We are not under any obligation and do not intend to update or revise any of the forward-looking statements contained in this news release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. View source version on businesswire.com:https://www.businesswire.com/news/home/20210202005733/en/ CONTACT: Investor Contact: Aida Orphan Levi Strauss & Co. (415) 501-6194 [email protected] Contact: Kelly Mason Levi Strauss & Co. (415) 501-7777 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: ONLINE RETAIL FASHION RETAIL DEPARTMENT STORES SPECIALTY SOURCE: Levi Strauss & Co. Copyright Business Wire 2021. PUB: 02/02/2021 08:55 AM/DISC: 02/02/2021 08:55 AM http://www.businesswire.com/news/home/20210202005733/encenter_img TAGS  By Digital AIM Web Support – February 2, 2021 Facebook Twitter WhatsApp Previous articleKremlin foe Navalny faces court that may jail him for yearsNext articleOIF Validates Maturity of Transport SDN APIs in 2020 Multi-Vendor Digital AIM Web Supportlast_img read more

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Regulation Vs. Added Costs

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, News Is it the CFPB or BCFP? A change in the name of the Consumer Financial Protection Bureau (CFPB) to the Bureau of Consumer Financial Protection (BCFP) was among the initial slew of changes that the agency’s Acting Director, Mick Mulvaney, recommended after taking over from Richard Cordray, who was Director of the agency under the Obama administration. Since then, the name change has caused some confusion among regulators as well as the industry that the agency regulates.Earlier this year, the agency changed its name and logo to the Bureau of Consumer Financial Protection. In April, speaking at an industry event, Mulvaney cited the Dodd-Frank Act which names the Bureau as the Bureau of Consumer Financial Protection—saying, “The Consumer Financial Protection Bureau does not exist.”By June, the Bureau had also flipped its logo in its front lobby to reflect the new name. Yet, the name change remains a gray area for the industry the BCFP regulates.Now an article in The Hill has said that an internal BCFP analysis revealed the cost of the name change to the agency as well as the industry it regulates. According to the article, the name change could cost banks, mortgage providers, payday lenders, and credit card companies a total of approximately $300 million to update their internal databases, regulatory filings, and disclosure forms with the new name to comply with the rules.While it remains to be seen whether Kathleen Kraninger, whose nomination as BCFP’s new Director is set to face a Senate vote later this week, would follow through with the plan, the analysis said that BCFP plans to update its website to reflect the name change by March 2019. The Hill also said that it could take several months or years to implement the rebranding in federal regulations charged to it.”An agency analysis estimated that the changes necessary to comply with the Fair Credit Reporting Act, the Electronic Fund Transfer Act, and certain mortgage regulations would cost firms $100 million for each rule,” the article said. “The CFPB cited a 2010 cost-benefit analysis of agency name-changes in its internal report.”Additionally, the analysis found that the name change would cost BCFP between $9 million and $19 million in updating its internal material and website. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago December 5, 2018 1,538 Views The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Banking BCFP CFPB Kathy Kraninger loans Mick Mulvaney mortgage payday lending Richard Cordray The Hill 2018-12-05 Radhika Ojha Share Save Tagged with: Banking BCFP CFPB Kathy Kraninger loans Mick Mulvaney mortgage payday lending Richard Cordray The Hill Sign up for DS News Daily center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Regulation Vs. Added Costs Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Regulation Vs. Added Costs About Author: Radhika Ojha Previous: A Closer Look at Hispanic Homeownership Next: The Impact of Price Trends on Mortgage Defaults Subscribelast_img read more

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Recognizing Exemplary Working Cultures

first_imgLender/ServicerCitizens Bank Mr. Cooper PennyMacRoundPoint Mortgage Servicing Corporation Waterstone Mortgage Corporation  2019-09-20 Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Mike Albanese in Daily Dose, Featured, News September 20, 2019 909 Views Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago LegalKML Law Group, P.C. Manley Deas Kochalski LLCPotestivo & Associates, PCMcCarthy & Holthus, LLP Stern & Eisenburg  Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Recognizing Exemplary Working Cultures Previous: Negative Equity Hits Record Levels Next: The Week Ahead: Home Values and Affordability Minority or Women-Owned or OperatedFive Brothers Mortgage Company Services and Securing, Inc. LBA Ware loanDepot WeatherCheck  Subscribecenter_img Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Tech ProviderBlack Knight Inc. DataTree by First American Factom, Inc. Pavaso, Inc. Sagent Lending Technologies  Home / Daily Dose / Recognizing Exemplary Working Cultures  Print This Post Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Work in a dynamic environment? Surrounded by engaging leaders? Submission are now open for MReport’s second Top 25 Companies to Work For list. The final list will be announced in the November issue of MReport. Submission are now open and can the survey can be completed at the following link: https://www.surveymonkey.com/r/MWNJL8X. The deadline to submit nominations is 5 p.m. CDT Tuesday, October 8. Nominations are submitted by employees or peers for one of five categories: Law firms, lenders/servicers, minority/women-owned or operated, service providers, and tech provider. The issue will highlight the companies, share what makes them standout, and the benefits and perks they offer their employees. The following companies were named as MReport’s Top 25 Companies to Work For in the inaugural list in 2018:  Share Save Servicers Navigate the Post-Pandemic World 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Service ProviderAmrockCarrington Mortgage Services, LLCFiservMortgage Contracting ServicesMortgageFlex Systems National MIlast_img read more

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