A Nation Divided
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Brexit Jargon Buster
Brexit Jargon Buster Brexit Jargon Buster • 1 2 • Brexit Jargon Buster AAgencies European Union agencies regulate a number of regimes for goods and services; the European Chemicals Agency in Helsinki regulates chemicals and biocides; the European Medicines Agency, formerly in London is now relocated in Amsterdam responsible for the scientific evaluation, supervision and safety monitoring of medicines in the EU; the European Aviation Safety Agency. AIFMD The Alternative Investment Fund Managers Directive. This EU Directive regulates the managers (AIFMs) of alternative investment funds (AIFs). AIFMD includes passporting rights (see separate definition) for EU AIFMs to market funds across the EU. The Directive also contains provisions allowing non-EU AIFMs to become part of the passporting regime by way of a ‘third country passport’ (see separate definition) which may, in the future, provide a means for UK AIFMs to retain passporting rights post-Brexit. Competition law Competition laws of the EU are set out in the TFEU. They are a very important aspect of the single market. The European Commission is tasked with developing policy and enforcing the law ensuring that the European Union remains free from business practices that could ultimately be harmful to competition and consumers. In doing so, the Commission works with national competition authorities which are obliged also to apply EU competition law as well as domestic law. Particular emphasis is placed on ensuring businesses do not enter into anti-competitive agreements or abuse dominant positions in markets; the consequences of doing so can be severe. Brexit Jargon Buster • 3 The European Commission also assesses very large mergers and state aid. -
Beyond Brexit Liberal Politics for the Age of Identity
Beyond Brexit Liberal politics for the age of identity A collection of essays presenting a roadmap to a better Britain Sir Vince Cable MP BEYOND BREXIT Liberal Politics for the Age of Identity BEYOND BREXIT Liberal Politics for the Age of Identity A collection of essays presenting a roadmap to a better Britain By Sir Vince Cable MP Leader of the Liberal Democrats March 2019 First published in Great Britain in 2019 by the Liberal Democrats, 8–10 Great George Street, London, SW1P 3AE, on behalf of Vince Cable MP Copyright © Vince Cable 2019. Vince Cable has asserted his rights under the Copyright, Designs & Patents Act, 1988, to be identifed as the author of this work. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, without the publisher’s prior permission in writing. Tis book is published subject to the condition that it shall not, by way of trade or otherwise, be lent, resold, hired out, or otherwise circulated without the publishers’ prior consent in writing in any form of binding or cover other than that in which it is published and without a similar condition being imposed on the subsequent purchaser. ISBN 978-1-910763-67-4 A CIP catalogue record for this book is available from the British Library. Research and editing by Alex Davies and Mike Tufrey. Typeset in Adobe Caslon Pro and Myriad Pro by Duncan Brack. Cover design by Mike Cooper. Printed and bound in Great Britain by Park Communications Ltd, Alpine Way, London E6 6LA Contents Introduction: Beyond Brexit ............................................................1 1 Where We Are ................................................................................3 2 A Functioning Economy and an Entrepreneurial State ..................11 3 Te Digital Economy and the Tech Titans ....................................23 4 Capital and Labour ...................................................................... -
German Divergence in the Construction of the European Banking Union
The End of Bilateralism in Europe? An Interest-Based Account of Franco- German Divergence in the Construction of the European Banking Union Honorable Mention, 2019 John Dunlop Thesis Prize Christina Neckermann May 2019 M-RCBG Associate Working Paper Series | No. 119 The views expressed in the M-RCBG Associate Working Paper Series are those of the author(s) and do not necessarily reflect those of the Mossavar-Rahmani Center for Business & Government or of Harvard University. The papers in this series have not undergone formal review and approval; they are presented to elicit feedback and to encourage debate on important public policy challenges. Copyright belongs to the author(s). Papers may be downloaded for personal use only. Mossavar-Rahmani Center for Business & Government Weil Hall | Harvard Kennedy School | www.hks.harvard.edu/mrcbg The End of Bilateralism in Europe?: An Interest-Based Account of Franco-German Divergence in the Construction of the European Banking Union A thesis presented by Christina Neckermann Presented to the Department of Government in partial fulfillment of the requirements for the degree with honors Harvard College March 2019 Table of Contents Chapter I: Introduction 3 Statement of question and motivation - 3 Banking Union in the era of postcrisis financial reforms - 6 Outline of content and argument - 11 Chapter II: Theoretical Approach 13 Review of related literature - 13 Proposed theoretical framework - 19 Implications in the present case - 21 Methodology - 26 Chapter III: Overview of National Banking Sectors -
Synthesis Between Islamic and Cooperative Banking: a Way for Inclusive Growth Through Microfinance
Synthesis between Islamic and Cooperative Banking: A way for inclusive growth through Microfinance Ravindra Sadanand Chingale, Ph.D. scholar, National Law University, Delhi, [email protected] Vaishali Kant, Ph.D. scholar, National Law University, Delhi, [email protected] Abstract Banking is the key machine in the financial engineering which inputs the poor with finance and helps them to stand them on their own feet and thus responsible for the inclusive and overall growth of the country. Cooperative banks are different from the private banks and government banks. The aim of the cooperative bank is to cooperate with the poor people and guide in overall progress, which includes not only economical but also psychological balance. Access of financial services to the poor is indeed important for the success of any economy. But still it is believed that India needs inclusive banking and pro poor banking. It is found that most of the rural part of the India is out of the reach from the bank. Evaluating the concepts of Islamic banking and cooperative banking, this paper discusses the use of new trends and scope for cooperative banking in the light of Islamic banking to make it more useful and trustworthy to the poorest of the poor to assimilate in the process of financial engineering and inclusive growth. This paper tries to synthesis between these two aspects in the background of Indian microfinance and inclusive banking. This paper is an attempt to introduce an innovative and productive banking system in India which has a spiritual base. The authors are aiming for the evolution of banking system in India having a spirit of inclusive growth, upliftment and empowerment of poor by introducing new ways in the existing cooperative banking structure. -
Policy Briefing
2015 Issue 3 (Publ. June 1) Vol. 9 Issue 3 A round up of policy events and news 1. Top story - General Election & Queen’s Speech Queen’s Speech – New legislative programme The Queen’s Speech sets out the Government’s legislative agenda, which this year consists of twenty six Bills. The first Conservative Queen’s Speech since 1996 contains few surprises as the proposed legislation reflects the Conservative’s pre-election manifesto commitments, such as a referendum on the UK’s membership of the EU, no rises in national insurance, income tax or VAT over the next five years, and extending Right to Buy to housing association tenants. There are four constitutional Bills devolving power away from Westminster. A consultation will be held on the move to replace the Human Rights Act with a British Bill of Rights. Bills of interest include: Scotland Bill This Bill will deliver, in full, the Smith Commission agreement on further devolution to Holyrood, including responsibility for setting levels of income tax. European Referendum Bill The EU referendum was a key part of the Conservative’s election campaign and this Bill will provide for a referendum of Britain’s membership of the EU. The vote will take place before the end of 2017. Enterprise Bill The Enterprise Bill seeks to cut business regulation and enable easier resolution of disputes for small businesses. Bank of England Bill The purpose of the Bill is to strengthen further the governance and accountability of the Bank of England to ensure it is well-positioned to oversee monetary policy and financial stability. -
Parliamentary Debates (Hansard)
Thursday Volume 513 15 July 2010 No. 33 HOUSE OF COMMONS OFFICIAL REPORT PARLIAMENTARY DEBATES (HANSARD) Thursday 15 July 2010 £5·00 © Parliamentary Copyright House of Commons 2010 This publication may be reproduced under the terms of the Parliamentary Click-Use Licence, available online through the Office of Public Sector Information website at www.opsi.gov.uk/click-use/ Enquiries to the Office of Public Sector Information, Kew, Richmond, Surrey TW9 4DU; e-mail: [email protected] 1069 15 JULY 2010 1070 what can be done to speed up transactions. I know that House of Commons my right hon. Friend the Minister for Housing is looking at ways to speed up the introduction of e-conveyancing. Thursday 15 July 2010 Dr Alan Whitehead (Southampton, Test) (Lab): Why has the Secretary of State decided, alongside the abolition The House met at half-past Ten o’clock of HIPs, that energy performance certificates should no longer be required at the point when a house is initially viewed for purchase? Does he intend to downgrade the PRAYERS importance of those as well? [MR SPEAKER in the Chair] Mr Pickles: Gracious, no—indeed, under our green deal, energy certificates will perform a much more important role. They will be about bringing the price of energy down and ensuring that somebody with a house Oral Answers to Questions that has a good energy certificate does well, because we want to get houses on to the market. We will insist that the energy certificate be commissioned and in place before the sale takes place. It is about speeding things COMMUNITIES AND LOCAL GOVERNMENT up—the hon. -
Activity 6 [COOPERATIVES in the SCHOOLS]
Day 1 – Activity 6 [COOPERATIVES IN THE SCHOOLS] Activity 6 - Cooperative Facts Time: 20 minutes Objective: Students will learn some basic history and facts about cooperatives. Step 1: Instruct students to take out their handouts called “Cooperative Fact Sheets.” Give them 3-5 minutes to read them silently to themselves. Step 2: Tell students that they will play, “Find the Fact”. Have each material handler come up and get a white board for each cooperative. If the teacher does not have white boards, then have the reporter take out a notebook and a marker. Tell students that each group will get 30 seconds to find the answer to a fact question and write it on their whiteboard or notebook. At the end of the 30 seconds, each team will hold up their answers and accumulate points for each correct fact found. Team will use their “Cooperative Fact Sheet” to help them with this game. Step 3: Give an example so that students understand the game. “Who is the founding father that organized the first successful US cooperative in 1752?” After 30 seconds, call time and have students hold up their answers. For the teams who wrote, “Benjamin Franklin” say, these teams would have gotten one point. Write the team names on the board to keep track of points. Step 4: When teams understand the rules, begin the game. Below are sample questions/answers: 1. What year was the first cooperative in Wisconsin formed? A: 1841 2. What is the word that means, “The money left over after you pay all your expenses?” A: profit 3. -
Mapping: Key Figures National Report: United Kingdom Ica-Eu Partnership
MAPPING: KEY FIGURES NATIONAL REPORT: UNITED KINGDOM ICA-EU PARTNERSHIP TABLE OF CONTENTS I. INTRODUCTION AND CONTEXT ........................................................................... 2 i. Historical background ........................................................................................... 2 ii. Public national statistics ....................................................................................... 4 iii. Research methodology......................................................................................... 5 II. KEY FIGURES ......................................................................................................... 6 iv. ICA member data ................................................................................................. 7 v. General overview .................................................................................................. 7 vi. Sector overview .................................................................................................... 8 III. GRAPHS................................................................................................................. 11 vii. Number of cooperatives by type of cooperative: ............................................... 11 viii. Number of memberships by type of cooperative: .............................................. 12 ix. Number of employees by type of cooperative: .................................................. 13 x. Turnover by type of cooperative in EUR: .......................................................... -
Guidance Paper
June 2015 Enhanced Guidance for Effective Deposit Insurance Systems: Multiple Deposit Insurance Organizations Guidance Paper Prepared by the Research and Guidance Committee International Association of Deposit Insurers C/O BANK FOR INTERNATIONAL SETTLEMENTS CENTRALBAHNPLATZ 2, CH-4002 BASEL, SWITZERLAND TEL: +41 61 280 9933 FAX: + 41 61 280 9554 WWW.IADI.ORG Table of Contents Executive Summary and Enhanced Guidance ………………….......................2 I. Introduction and Purpose……………………………………………………..…6 II. Methodology……………………………………………………………….…………11 III. Why Do Some Countries Have Multiple Deposit Insurance Organizations?.................................................................................12 IV. Public Policy Objectives, Mandates and Powers of Multiple Deposit Insurance Organizations………………………………………………..…….….15 V. Governance Arrangements of Multiple Deposit Insurance Organizations………………………………………………………………….….….16 VI. Coverage Levels and Scope of Multiple Deposit Insurance Organizations…….............................................................................18 VII. Funding Arrangements of Multiple Deposit Insurance Organizations……………………………………………………………………….…23 VIII. Characteristics of the Member Institutions of Multiple Deposit Insurance Organizations………………………………….………..…25 IX. Relationships and Coordination among Multiple Deposit Insurance Organizations and Other Safety-Net Agencies………………………..…..26 X. Conclusion…………………………………………………………………………..….31 References……………………………………………………………….………………….….32 1 Executive Summary The mission of -
House of Lords Minute
REGISTER OF LORDS’ INTERESTS _________________ The following Members of the House of Lords have registered relevant interests under the code of conduct: ABERDARE, LORD Category 10: Non-financial interests (a) Director, F.C.M. Limited (recording rights) Category 10: Non-financial interests (c) Trustee, National Library of Wales Category 10: Non-financial interests (e) Trustee, Stephen Dodgson Trust (promotes continued awareness/performance of works of composer Stephen Dodgson) Chairman and Trustee, Berlioz Sesquicentenary Committee (music) Director, UK Focused Ultrasound Foundation (charitable company limited by guarantee) Chairman and Trustee, Berlioz Society Trustee, West Wycombe Charitable Trust ADAMS OF CRAIGIELEA, BARONESS Nil No registrable interests ADDINGTON, LORD Category 1: Directorships Chairman, Microlink PC (UK) Ltd (computing and software) Category 10: Non-financial interests (a) Director and Trustee, The Atlas Foundation (registered charity; seeks to improve lives of disadvantaged people across the world) Category 10: Non-financial interests (d) President (formerly Vice President), British Dyslexia Association Category 10: Non-financial interests (e) Vice President, UK Sports Association Vice President, Lakenham Hewitt Rugby Club (interest ceased 30 November 2020) ADEBOWALE, LORD Category 1: Directorships Director, Leadership in Mind Ltd (business activities; certain income from services provided personally by the member is or will be paid to this company; see category 4(a)) Director, Visionable Limited (formerly IOCOM UK -
Integrated Annual Report
Integrated report 2016 Integrated report 2016 4 Contents 01. Letter from the chairman and CEO 6 02. MAPFRE Group 11 Deployment 14 Key financial figures 20 Other historical data 26 03. Business model and strategy 29 Business model 30 Strategy 36 Future outlook 37 04. Business performance 39 General information 40 Información by Territorial Area 43 05. Corporate Governance 55 Governance system 56 Ethics and social responsibility 61 Risk management 68 06. Main assets 75 Financial capital 77 Productive capital 83 Human capital 89 Intellectual capital 95 Social and relational capital 104 Natural capital 119 07. Basis of preparation and presentation of the report 124 INTEGRATED REPORT 2016 5 01 Letter from the chairman and CEO 6 Dear friend, At MAPFRE we are firmly committed to making The key financial figures for the year confirm our solid progress toward the highest standards of transparency position in all markets. Revenues rose to 27,092 million and corporate good governance, and we work toward euros, of which 22,813 million correspond to revenue making this possible. That is why we are taking a step from premiums. Earnings before tax were 1,805 million further in this direction this year, with the publication euros, 22 percent up on the previous year, and net of our first MAPFRE Integrated Report, which earnings were more than 775 million euros. And all of we have drafted following the guidelines of the this, as already mentioned, with excellent technical and International Integrated Reporting Council (IIRC) operational management. framework. -
The Reluctant European
SPECIAL REPORT BRITAIN AND EUROPE October 17th 2015 The reluctant European 20151017_SRBRITEU.indd 1 05/10/2015 16:26 SPECIAL REPORT BRITAIN AND EUROPE The reluctant European Though Britain has always been rather half-hearted about the European Union, its membership has been beneficial for all concerned, argues John Peet. It should stay in the club THE QUESTION THAT will be put to British voters, probably in the au- CONTENTS tumn of 2016, sounds straightforward: “Should the United Kingdom re- main a member of the European Union, or leave the European Union?” 4 How referendums can go (The final clause was added last month at the insistence of the Electoral wrong Commission, which decided the question might look biased without it.) Herding cats When David Cameron, Britain’s Conservative prime minister, first pro- 5 Euroscepticism and its roots posed a referendum in early 2013, he was hoping that the answer would The open sea ACKNOWLEDGMENTS also be straightforward. Once he had successfully renegotiated some of Britain’s membership terms, the electorate would duly endorse him by 6 Britain’s clout in Brussels Besides those mentioned in the text, Not what it was the author would like to thank the voting to stay in. following for their help: Andy But referendums are by theirnature chancy affairs, as a string ofpre- 7 Costs and benefits Bagnall, Matthew Baldwin, Steven vious European examples have shown (see box later in this article). Mr Common market economics Blockmans, Stephen Booth, Hugo Cameron is well aware that the September 2014 referendum on Scottish Brady, Helen Campbell, Martin 9 The euro zone Donnelly, Monique Ebell, Matthew independence, an issue about which he said he felt far more strongly Elliott, Jonathan Faull, Maurice than he does about the EU, became a closer-run thing than expected.