Memo: Risk Revisited
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Appeal from the Criminal Court for Shelby County No
IN THE COURT OF CRIMINAL APPEALS OF TENNESSEE AT JACKSON December 9, 2015 Session STATE OF TENNESSEE v. DWAYNE MOORE Appeal from the Criminal Court for Shelby County No. 13-01273 Carolyn Wade Blackett, Judge No. W2014-02432-CCA-R3-CD - Filed March 29, 2016 The defendant, Dwayne Moore, was convicted by a Shelby County jury of second degree murder and sentenced by the trial court as a Range I offender to twenty-two years at 100% in the Department of Correction. He raises two issues on appeal: (1) whether the trial court committed reversible error by allowing a police officer to offer improper opinion testimony about the appearance of a gun in a photograph and by admitting the photograph and the gun without a proper chain of custody; and (2) whether the evidence is sufficient to sustain his conviction. Following our review, we affirm the judgment of the trial court. Tenn. R. App. P. 3 Appeal as of Right; Judgment of the Criminal Court Affirmed ALAN E. GLENN, J., delivered the opinion of the court, in which THOMAS T. WOODALL, P.J., and ROBERT W. WEDEMEYER, J., joined. John Keith Perry, Southaven, Mississippi, for the appellant, Dwayne Moore. Herbert H. Slatery III, Attorney General and Reporter; Jonathan H. Wardle, Assistant Attorney General; Amy P. Weirich, District Attorney General; and Paul Hagerman, Assistant District Attorney General, for the appellee, State of Tennessee. OPINION FACTS At approximately 9:50 a.m. on Friday, February 22, 2013, deputies from the Shelby County Sheriff‟s Department, who were conducting a welfare check on the defendant‟s stepfather, Jimmy McClain, discovered his dead body lying on his living room floor surrounded by shell casings and bullet fragments. -
Policy L100-600: Self-Directed Rrsps and Home Mortgages
Financial Services Commission of Ontario Commission des services financiers de l’Ontario SECTION: Locking In INDEX NO.: L100-600 TITLE: Self-Directed RRSPs And Home Mortgages PUBLISHED: Bulletin 3/2 (October 1992) EFFECTIVE DATE: When Published [No longer applicable - replaced by L200-100 and L200-200] ------------------------------------------------------------------------------------------------------------------------------------------------ Note: Due to legislative changes, the references to “locked-in RRSPs” should now read “locked-in retirement accounts” and the reference to “Revenue Canada” should now read the “Canada Customs and Revenue Agency”. In addition, the fines for convictions under the PBA for both corporations and individuals are now up to $100,000 for a first conviction, and up to $200,000 on each subsequent conviction. Self Directed RRSPs and Home Mortgages The Pension Commission continues to receive calls on a regular basis dealing with the use of locked-in RRSP funds to finance the purchase of a home. The federal government's new homebuyers program which was announced in the spring budget raised the issue of the status of locked-in retirement savings. In Ontario, locked-in pension funds held in an RRSP cannot be cashed out to buy a house, or used to hold a personal mortgage. Locked-in funds can, however, be held in self-directed RRSPs. Self-directed RRSPs offer a number of investment options not usually available under other RRSPs. Options include Canada Savings Bonds, Bonds, Mutual Funds, Treasury Bills, individual stocks - and home mortgages. And, unlike regular RRSPs, self-directed plans allow investors to take advantage of investments offered at a number of financial institutions. By definition, self-directed RRSPs require owners to play a greater role in managing the plan - a requirement often suited to more experienced investors. -
Seclusion and Restraints: Selected Cases of Death and Abuse At
United States Government Accountability Office Testimon y GAO Before the Committee on Education and Labor, House of Representatives For Release on Delivery Expected at 10:00 a.m. EDT Tuesday, May 19, 2009 SECLUSIONS AND RESTRAINTS Selected Cases of Death and Abuse at Public and Private Schools and Treatment Centers Statement of Gregory D. Kutz, Managing Director Forensic Audits and Special Investigations GAO-09-719T May 19, 2009 SECLUSIONS AND RESTRAINTS Accountability Integrity Reliability Selected Cases of Death and Abuse at Public and Highlights Private Schools and Treatment Centers Highlights of GAO-09-719T,T a testimony before the Committee on Education and Labor, House of Representatives Why GAO Did This Study What GAO Found GAO recently testified before the GAO found no federal laws restricting the use of seclusion and restraints in Committee regarding allegations of public and private schools and widely divergent laws at the state level. death and abuse at residential Although GAO could not determine whether allegations were widespread, programs for troubled teens. GAO did find hundreds of cases of alleged abuse and death related to the use Recent reports indicate that of these methods on school children during the past two decades. Examples vulnerable children are being abused in other settings. For of these cases include a 7 year old purportedly dying after being held face example, one report on the use of down for hours by school staff, 5 year olds allegedly being tied to chairs with restraints and seclusions in schools bungee cords and duct tape by their teacher and suffering broken arms and documented cases where students bloody noses, and a 13 year old reportedly hanging himself in a seclusion were pinned to the floor for hours room after prolonged confinement. -
Still… No Place to Call Home
Still… No Place to Call Home How South Carolina Continues to Fail Residents of Community Residential Care Facilities April 2013 About Protection and Advocacy for People with Disabilities, Inc. (P&A) Since 1977 Protection and Advocacy for People with Disabilities has been an independent, statewide, non‐ profit corporation whose mission is to protect and advance the legal rights of people with disabilities. P&A’s volunteer Board of Directors establishes annual priorities, including investigation of abuse and neglect; advocacy for equal rights in education, health care, employment and housing; and full participation in the community. P&A’s goal is that South Carolinians with disabilities will be free from abuse, neglect, and exploitation; have control over their own lives and be fully integrated into the community; and have equal access to services. Contact P&A by telephone at 866‐275‐7273 (statewide) or 803‐782‐0639 (local and out of state), by email at [email protected], and on the internet at www.pandasc.org and Facebook/pandasc.org. I ACKNOWLEDGEMENTS Protection and Advocacy for People with Disabilities, Inc. (P&A) is indebted to the volunteers who assist during P&A's Team Advocacy community residential care facility (CRCF) site visits. This year 18 individuals volunteered to conduct the CRCF visits with P&A staff. These volunteers come from a variety of backgrounds including engineers, college professors, retired state employees, parents of children with disabilities, retired US Armed Forces, and social work and law students. Volunteers spend many hours interviewing residents, touring the facilities, and observing residents' meals. Some have been working with P&A for many years, including one who has volunteered for 10 years. -
FINANCE Tuesday, March 16, 2021 – 5:40 P.M. Via Zoom
FINANCE Tuesday, March 16, 2021 – 5:40 p.m. via Zoom Present: Members: Chairman Witte, Vice Chairman Crawford, Alderman Panus, Alderman Gonzalez, Alderman Robinson, and Alderman Anastasia. Others: Mayor William Aiello; Fred Saradin, City Auditor; Bob Ring, Director of Public Works; Kris Shewairy, Youth and Recreation Director; Keri Kerper, Community Development Program Coordinator; Ron Richardson, Police Chief; Tim Richardson, Fire Chief, and Tiffany Taylor, Managerial Confidential Administrative Secretary, 1. Roll Call Alderman Witte called the meeting to order at 5:40 p.m. and asked that the record show that all committee members were present. 2. Finance and Bills There were no questions or comments regarding the monthly finance and bills. 3. Unfinished Business None 4. New Referrals for Consideration a. Discussion – Budget 2021-2022 i. Capital Projects Mr. Saradin presented a list that he explained was put together over the last two to three weeks from the Department Heads. He explained that this is a list of things that they would like to bring to the Council’s attention,. He explained that there is another addition from Mr. Ring regarding work on various brick streets as well as $50,000 for the Forness Park Project. Mr. Saradin explained that there is currently $50,000 in a reserve fund for a revaluation and Mr. Piechota, the City Assessor, is requesting that the Council add to that amount as the revaluation will cost a lot more than that. Alderman Crawford asked that Mr. Piechota be present at a later meeting or reach out to the Aldermen so that he can detail the revaluation procedure and what benefit it would bring to the City. -
Structured Finance
Financial Institutions U.S.A. Investcorp Bank B.S.C. Full Rating Report Ratings Key Rating Drivers Investcorp Bank B.S.C. Strong Gulf Franchise: The ratings of Investcorp B.S.C. (Investcorp, or the company) reflect Long-Term IDR BB Short-Term IDR B the company’s strong client franchise in the Gulf, established track record in private equity (PE) Viability Rating bb and commercial real estate investment, strong capital levels and solid funding profile. Rating constraints include sizable balance sheet co-investments and potential earnings volatility and Investcorp S.A. Investcorp Capital Ltd. placement risks presented by the business model, which could pressure interest coverage. Long-Term IDR BB Short-Term IDR B Gulf Institutional Owners Positive: The Positive Rating Outlook reflects franchise and Senior Unsecured Debt BB earnings benefits that may accrue to Investcorp from the 20% strategic equity stake sale to Support Rating Floor NF Mubadala Development Co. (Mubadala) in March 2017, a sovereign wealth fund of Abu Dhabi. This follows a 9.99% equity stake sale to another Gulf-based institution in 2015. Fitch Ratings Rating Outlook Positive views these transactions favorably, as the relationships may give Investcorp expanded access to potential new investors as well as a more stable equity base. 3i Business Diversifies AUM: The cash-funded acquisition of 3i Debt Management (3iDM) in March 2017 added $10.8 billion in AUM and is expected to be accretive for Investcorp, adding Financial Data stable management fee income. However, the acquired co-investment assets and ongoing risk Investcorp Bank B.S.C. retention requirements do increase Investcorp’s balance sheet risk exposure. -
Dear Fellow Shareholders
Dear Fellow Shareholders: At Evercore, we aspire to be the most respected independent investment banking advi- sory firm globally. Our overarching objective is to help a growing base of clients achieve superior results through trusted independent and innovative advice, provided by excep- tional professionals who bring to our clients diverse perspectives and experiences. Our clients include multinational corporations, financial sponsors, institutional investors, sov- ereign wealth funds, and wealthy individuals and family offices. Achieving this objective requires that we steadily build our team by recruiting the best, from those beginning their professional careers to veterans with decades of experience. We are deliberate in selecting and developing the members of our team, seeking to attract individuals who share our Core Values: Client Focus, Integrity, Excellence, Respect, Investment in People and Partnership. Our values are the defining elements of our culture, telling our clients and current and future generations of partners and employees what they can expect from our firm. Realizing our aspiration also requires that we deliver attractive financial results over time. Strong financial results create the opportunity to invest and grow, enabling us to serve more clients and enhance the range of services we offer. The environment for our business was generally favorable in 2017, providing both good opportunities and a few challenges: • Advisory Services: Demand for strategic corporate and capital markets advisory services remains strong. The appeal of purely independent, unconflicted advice continues to grow and the opportunities and challenges facing our clients are broad, as economic conditions, globalization, technology and regulation drive strategic change. We believe that we are well positioned here. -
Sovereign Wealth Funds As Sustainability Instruments? Disclosure of Sustainability Criteria in Worldwide Comparison
sustainability Article Sovereign Wealth Funds as Sustainability Instruments? Disclosure of Sustainability Criteria in Worldwide Comparison Stefan Wurster * and Steffen Johannes Schlosser TUM School of Governance, Technical University Munich, 80333 Munich, Germany * Correspondence: [email protected] Abstract: Sovereign wealth funds (SWFs) are state-owned investment vehicles intended to pursue national objectives. Their nature as long-term investors combined with their political mandate could make SWFs an instrument suited to promote sustainability. As an essential precondition, it is important for SWFs to commit to sustainability criteria as part of an overarching strategy. In the article, we present the sustainability disclosure index (SDI), an original new dataset for a selection of over 50 SWFs to investigate whether SWFs disclose sustainability criteria covering environmental, social, economic, and governance aspects into their mandate. In addition to an empirical measurement of the disclosure rate, we conduct multiple regressions to analyze what factors help to explain the variance between SWFs. We see that a majority of SWFs disclose at least some of the sustainability criteria. However, until today, only a small minority address a broad selection as a possible basis for a comprehensive sustainability strategy. While a high-state capacity and a young population in a country as well as a commitment to the international Santiago Principles are positively associated with a higher disclosure rate, we find no evidence for strong effects of the economic development level, the resource abundance, and the degree of democratization of a country or of the specific size and structure of a fund. Identifying favorable conditions for a higher commitment of SWFs could Citation: Wurster, S.; Schlosser, S.J. -
Sovereign Wealth Funds": Regulatory Issues, Financial Stability and Prudential Supervision
EUROPEAN ECONOMY Economic Papers 378| April 2009 The so-called "Sovereign Wealth Funds": regulatory issues, financial stability and prudential supervision Simone Mezzacapo EUROPEAN COMMISSION Economic Papers are written by the Staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission. Comments and enquiries should be addressed to: European Commission Directorate-General for Economic and Financial Affairs Publications B-1049 Brussels Belgium E-mail: [email protected] This paper exists in English only and can be downloaded from the website http://ec.europa.eu/economy_finance/publications A great deal of additional information is available on the Internet. It can be accessed through the Europa server (http://europa.eu ) KC-AI-09-378-EN-N ISSN 1725-3187 ISBN 978-92-79-11189-1 DOI 10.2765/36156 © European Communities, 2009 THE SO-CALLED "SOVEREIGN WEALTH FUNDS": REGULATORY ISSUES, FINANCIAL STABILITY, AND PRUDENTIAL SUPERVISION By Simone Mezzacapo* University of Perugia Abstract This paper aims to contribute to the debate on the regulatory and economic issues raised by the recent gain in prominence of the so-called “Sovereign Wealth Funds” (SWFs), by first trying to better identify the actual legal and economic nature of such “special purpose” government investment vehicles. SWFs are generally deemed to bring significant benefits to global capital markets. -
Alternative Perspectives on Challenges and Opportunities of Financing Development
FINANCING FOR DEVELOPMENT Alternative Perspectives on Challenges and Opportunities of Financing Development ORGANISATION OF ISLAMIC COOPERATION STATISTICAL, ECONOMIC AND SOCIAL RESEARCH AND TRAINING CENTRE FOR ISLAMIC COUNTRIES Financing for Development Alternative Perspectives on Challenges and Opportunities of Financing Development Editors: Kenan Bağcı and Erhan Türbedar ORGANIZATION OF ISLAMIC COOPERATION THE STATISTICAL, ECONOMIC AND SOCIAL RESEARCH AND TRAINING CENTRE FOR ISLAMIC COUNTRIES (SESRIC) © May 2019 | Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) Editors: Kenan Bağcı and Erhan Türbedar Kudüs Cad. No: 9, Diplomatik Site, 06450 Oran, Ankara –Turkey Telephone +90–312–468 6172 Internet www.sesric.org E-mail [email protected] The material presented in this publication is copyrighted. The authors give the permission to view, copy, download, and print the material presented provided that these materials are not going to be reused, on whatsoever condition, for commercial purposes. For permission to reproduce or reprint any part of this publication, please send a request with complete information to the Publication Department of SESRIC. All queries on rights and licenses should be addressed to the Publication Department, SESRIC, at the aforementioned address. The responsibility for the content, the views, interpretations and conditions expressed herein rests solely with the authors and can in no way be taken to reflect the views of the SESRIC or its Member States, partners, or of the OIC. The boundaries, colours and other information shown on any map in this work do not imply any judgment on the part of the SESRIC concerning the legal status of any territory or the endorsement of such boundaries. -
Sovereign Wealth Funds 2019 Managing Continuity, Embracing Change
SOVEREIGN WEALTH FUNDS 2019 MANAGING CONTINUITY, EMBRACING CHANGE SOVEREIGN WEALTH FUNDS 2019 Editor: Javier Capapé, PhD Director, Sovereign Wealth Research, IE Center for the Governance of Change Adjunct Professor, IE University 6 SOVEREIGN WEALTH FUNDS 2019. PREFACE Index 11 Executive Summary. Sovereign Wealth Funds 2019 23 Managing Continuity...Embracing Change: Sovereign Wealth Fund Direct Investments in 2018-2019 37 Technology, Venture Capital and SWFs: The Role of the Government Forging Innovation and Change 55 SWFs in a Bad Year: Challenges, Reporting, and Responses to a Low Return Environment 65 The Sustainable Development Goals and the Market for Sustainable Sovereign Investments 83 SWFs In-Depth. Mubadala: The 360-degree Sovereign Wealth Fund 97 Annex 1. Sovereign Wealth Research Ranking 2019 103 Annex 2. Sovereign Wealth Funds in Spain PREFACE 8 SOVEREIGN WEALTH FUNDS 2019. PREFACE Preface In 2019, the growth of the world economy slowed by very little margin for stimulating the economy to 2.9%, the lowest annual rate recorded since the through the fiscal and monetary policy strategies. subprime crisis. This was a year in which the ele- In any case, the developed world is undergoing its ments of uncertainty that had previously threate- tenth consecutive year of expansion, and the risks ned the stability of the cycle began to have a more of relapsing into a recessive cycle appear to have serious effect on economic expansion. Among these been allayed in view of the fact that, in spite of re- elements, there are essentially two – both of a poli- cord low interest rates, inflation and debt remain at tical nature – that stand out from the rest. -
Disclosure of Material Information To: Bahrain Bourse Investcorp Holdings B.S.C Would Like to Announce the Following Material In
Disclosure of Material Information To: Bahrain Bourse Investcorp Holdings B.S.C would like to announce the following material information: اﻹفصاح عن معلومات جوهرية السادة / بورصة البحرين تعلن شركة إنفستكورب القابضة ش.م.ب عن اﻹفصاح عن معلومات جوهرية المبين تفاصيلها أدناه: التاريخ Date 10 June 2021 Investcorp Holdings B.S.C إسم الشركة Company Name إنفستكورب القابضة ش.م.ب رمز التداول Trading Code INVCORP PIF Anchors Aberdeen Standard Investcorp Infrastructure Partners’ (ASIIP) New Regional Infrastructure Fund الموضوع Subject صندوق اﻻستثمارات العامة يشارك كمستثمر رئيسي مع صندوق أبردين ستاندارد وإنفستكورب المشترك لﻻستثمار في البنى التحتية Investcorp together with Aberdeen Standard, a leading global asset manager has formed a joint venture, today announced that ASIIP has المعلومات الجوهرية Material Information received a capital commitment from the Public Investment Fund (PIF) for up to 20% of the total size of the fund in advance of its anticipated first closing. اﻷثر على المركز Impact on Financial Limited المالي Position إفصاحات سابقة ذات Previous relevant صلة )إن ُوجدت( (disclosures (if any ا ﻹسم Name Hazem Ben-Gacem المسمى الوظيفي Title Co-Chief Executive Officer of Investcorp التوقيع Signature ختم الشركة Company Seal PIF Anchors Aberdeen Standard Investcorp Infrastructure Partners’ (ASIIP) New Regional Infrastructure Fund Bahrain, 10th June 2021 – Investcorp together with Aberdeen Standard Investments, a leading global asset manager has formed a joint venture, today announced that ASIIP has received a capital commitment from the Public Investment Fund (PIF) for up to 20% of the total size of the fund in advance of its anticipated first closing. The fund has also received board approval from the Asian Infrastructure Investment Bank (AIIB) to commit US $90 million.