Page 19 - Evaluation Process News Today

All the way to zero: guiding banks towards a carbon-neutral Europe Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka Frankfurt am Main, 29 April 2021 It is a great honour for me to be with you today to discuss the role of banks in greening the economy. And I am very h...

Source: European Central Bank Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka Frankfurt am Main, 29 April 2021 It is a great honour for me to be with you today to discuss the role of banks in greening the economy. And I am very happy to delve into the topic of climat...

Singapore: Managing Termination for Cause in Singapore: Diligence and Justification, and Risks of Getting it Wrong In a recent action brought before the Singapore High Court, the summary dismissal of Wong Sung Boon by Fuji Xerox Singapore Pte Ltd ("FXS") was found to be without basis and unlawful, and FXS was ordered to pay damages of SGD 1.4 million. In assessing the quantum of damages, the High Court re-affirmed the minimum obligation rule. This case illustrates the importance of ensuring tha...

Date February 2021 Market operations Annual review of the list of acceptable non-regulated markets and the list of recognised agencies in the Eurosystem collateral framework On 22 January 2021 the Governing Council decided, as a result of its annual review of these lists, to add the market SI ENTER to the list of accepted non-regulated markets and two agencies (UAB Valstybės investicinis kapitalas (VIK) and Slovenská záručná a rozvojová banka, a.s. (SZRB)) to the recognised agency list. B...

UAE Space Agency announces 10 winners to join Arab Space Pioneers Program February 07, 2021 The UAE Space Agency announced that 10 winners have been selected to join the Arab Space Pioneers Program’s inaugural edition, the first intensive scientific training program of its kind in the Arab world. ABU DHABI, UAE — The UAE Space Agency announced that 10 winners have been selected to join the Arab Space Pioneers Program’s inaugural edition, the...

The European Banking Authority (EBA) launched the 2021 EU-wide stress test and released the macroeconomic scenarios. Following the postponement of the 2020 exercise, due to the COVID-19 pandemic, this year’s EU-wide stress test will provide valuable input for assessing the resilience of the European banking sector. Accordingly, the adverse scenario is based on a narrative of a prolonged COVID-19 scenario in a ‘lower for longer’ interest rate environment, in which negative confidence shock...

Evaluation of applications for track and trace system for tobacco, cement, sugar and fertilizer finalized Islamabad, February 01, 2021 (PPI-OT): Federal Board of Revenue has successfully completed the Evaluation Process for the grant of five-year license for an IT-based solution for electronic monitoring (Track and Trace System) of specified goods i.e. Tobacco, Cement, Sugar and Fertilizer. Initially 11 bids were received out of which 8 bids were technically qualified. The Technical scores were...

Resolutions of the Board of the Bank of Lithuania 01/28/2021 | 06:02am EDT Send by mail : Message : Increased focus on cybersecurity The Bank of Lithuania dedicates much effort to the strengthening of cybersecurity. In order to further boost competition in this priority area, the Bank of Lithuania has set an objective to become an advanced institution in terms of cybersecurity maturity level. It will seek to reach this objective by 2024, taking into account the guidelines established by...

The MFSA announced its supervision priorities for 2021 earlier this month, building on several of the underlying themes outlined in its three-year strategic plan for 2019-2021, but also adding direct supervisory focus on monitoring the impact of COVID-19 on the financial services sector. In essence, this means that while several key themes such as corporate governance, financial crime compliance and ICT risk and cybersecurity will continue to dominate the supervisory agenda, banks should also e...

Roses to... FacebookTwitterEmail • The John Alden Chapter, Daughters of the American Revolution, which concluded a two-month donation drive for Shelterhouse. • The White family of Midland, who raised three Eagle Scouts, with a fourth in progress. • The Food Center of Sanford and the Elks Club, which donated over 70 food baskets to Sanford flood victims. • Steve Dombrowski of Midland, who invented a snow shovel lever and began selling them this past week. • Volunteers from the Women of...