Swiss casino revenue up 3.4% in 2018

first_img Tags: Online Gambling Slot Machines 4th July 2019 | By contenteditor Topics: Casino & games Finance Slots Table games Swiss casino revenue up 3.4% in 2018 Subscribe to the iGaming newsletter Casino & games Swiss gambling regulator Eidgenössische Spielbankenkommission (ESBK) has reported a 3.4% year-on-year increase in revenue from the country’s land-based casinos in 2018, driven largely by the slot vertical. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Central and Eastern Europe Switzerland Swiss gambling regulator Eidgenössische Spielbankenkommission (ESBK) has reported a 3.4% year-on-year increase in revenue from the country’s land-based casinos in 2018, driven largely by the slot vertical.Total revenue rose to CHF703.6m (£576.7m/€632.9m/$713.8m), from the country’s eight A licensed casinos (larger venues in urban areas) and 13 B-licensed venues, located in resort towns and smaller communities.The A-licence venues accounted for CHF426.4m of the total, up 3.8% year-on-year, with the B-licence casinos contributing the remaining CHF277.2m, up 2.7%.Looking at the market in terms of product, slots were by far the most popular. The vertical saw revenue rise 2.7% from 2017 to CHF567.7m, or 80.7% of total market revenue. Table games, meanwhile, saw revenue rise 6.2% to CHF135.9m.This resulted in taxes paid by casino operators rising 4.7% year-on-year to CHF332.4m. The bulk (CHF284.9m) went into the country’s national pension scheme, with a further CHF47.5m allocated to the cantonal authorities.ESBK also revealed that enforcement action taken against unlicensed operators had declined over the year. A total of 98 cases were opened by the regulator in 2018, and it made rulings on 255 cases in total. As of January 1, 2019 there were 117 pending cases remaining. It handed out fines totalling CHF1.5m, and issued claims for CFH509,344 in illegally obtained profits to be returned.It added that it faces a major challenge in the current year, with the opening of the Swiss online casino market, resulting in ESBK being granted the power to order internet service providers to block access to unlicensed sites. The power to issue blocking orders came into force from July 1, with the regulator noting that it was already preparing to ban its first unlicensed operators.July 1 also acted as the start date for the country’s igaming market, which only permits land-based casinos to secure licences. To date just four have done so. Grand Casino Baden, which also owns Casino Davos, will work with Gamanza, while Grand Casino Luzern has partnered Paf and Casino Zürichsee operator Swiss Casinos has struck a deal with Playtech.In related news, the Inter-Cantonal Lotteries and Betting Commission (Comlot) reveal that gross gaming revenue rose 0.4% year-on-year to CHF943m in 2018. However declines in profit for French language Loterie Romande and German cantons’ lottery Swisslos resulted in the sum raised for good causes declining to CHF588m. Email Addresslast_img read more

2 FTSE 100 growth stocks I’d buy right now

first_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves | Friday, 10th April, 2020 | More on: JET OCDO 2 FTSE 100 growth stocks I’d buy right now 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. 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. Enter Your Email Addresscenter_img See all posts by Rupert Hargreaves Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. 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. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Just Eat N.V. 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. At this point, it’s not easy to pinpoint which FTSE 100 growth stocks will emerge from the coronavirus crisis in one piece.However, two companies stand out as being better positioned than many of their peers to weather the storm.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…Top FTSE 100 growth stocksOcado (LSE: OCDO) stands out to me as one of the best FTSE 100 growth stocks.The company has never reported a profit, but during the past five years, it has become a world leader in online shopping. Ocado has signed contracts with retailers all over the world to provide its online retailing technology.Its technology has helped it manage the surge in demand for its services over the past few weeks. As robots predominantly operate the group’s warehouses, there’s a low risk that the virus outbreak will force the business to shut up shop.That being said, Ocado did have to close its website at the end of last month. The firm was struggling to deal with a surge in new customers. Management will be hoping these customers will stick with the business for life.As such, now could be an excellent time to snap up a share in this leading FTSE 100 growth stock.As mentioned, the company isn’t profitable just yet, but analysts were expecting the group to produce sales of £2bn in 2020. It looks as if there’s a good chance Ocado could now go past this projection.Delivered to your doorAs well as Ocado, another business that’s likely seen a spike in demand for its services over the past few weeks is Just Eat (LSE: JET). With many customers stuck in their homes, and restaurants unable to open, consumers have turned to online delivery platforms to bring the restaurants to their door.As FTSE 100 growth stocks go, this business stands out. Indeed, Just Eat was already a market leader before the virus outbreak. The disruption might allow it to consolidate its position in the market.After Just Eat merged with earlier this year, the group is now a European tech champion. Analysts are expecting profits to grow by more than 160% over the next two years.With demand for delivery services spiking, there’s a good chance Just Eat could now beat this target.There’s also been some speculation that when the lockdown is over, consumers won’t go back to their old habits. This suggests working from home might become more mainstream. Ordering food to your door, rather than going out, might also grow in popularity.Only time will tell if this will take place, but it is another reason why Just Eat could be a good investment at current levels.As such, if you are looking for FTSE 100 growth stocks to add to your portfolio today, these tech champions might be worth a closer look. As they continue to dominate their respective markets and build on the successes of the past few years, investors could see big returns. last_img read more

House 108 / H Arquitectes

first_img Houses Projects House 108 / H ArquitectesSave this projectSaveHouse 108 / H Arquitectes Spain ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Save this picture!+ 21 Share 2005 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” CopyAbout this officeHARQUITECTESOfficeFollowProductsSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesSanta Cristina d’AroSpainPublished on July 13, 2008Cite: “House 108 / H Arquitectes” 13 Jul 2008. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemSynthetics / AsphaltMitrexSolar RoofMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialLinoleum / Vinyl / Epoxy / UrethaneTerrazzo & MarbleTerrazzo Flooring – Terroxy Resin SystemsMetal PanelsTrimoMetal Panel Finishes – ArtMePanels / Prefabricated AssembliesIsland Exterior FabricatorsMega-Panel Facade SystemsStonesCosentinoSurfaces – Silestone® Iconic SeriesBricksFeldhaus KlinkerFacing Bricks – Waterstruck VascuWallcovering / CladdingLinvisibileLinvisibile Boiserie and Skirting Systems | OrizzonteMetal PanelsRHEINZINKPanel Systems – Horizontal PanelDoorsJansenFire Doors – Janisol 2 EI30 70 mmSlabs / Plates / SheetsMetadecorMetal Facade Blade – MD LamelMore 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 streamcenter_img Area:  109 m² Year Completion year of this architecture project Architects: HARQUITECTES Area Area of this architecture project “COPY” ArchDaily Text description provided by the architects. Although located in one of the most untouched areas of the Costa Brava, Rosamar housing development is characterized by a mix of different constructions and auto-constructions of a low architectural interest and a large impact on the landscape. Save this picture!As a response to that situation, this project looks to respect the natural environment on this strongly slopped plot with dense Mediterranean vegetation. We tried to modify as little as possible the environment by building the house on a slope, and thus reducing the land movements, foundation and generation of waste products. We also have maintained the vegetation in order to not lose the current shaded and cool ambience as well as a sensible design of the exterior elements – wooden stairs following the natural slope and a minimal perimeter fence. Through this section’s adaptation to the original topographical profile, we were able to connect each of the interior ambiances with the garden through wide regular openings that fuses the exterior with the interior; it assures permanent natural light, allows cross-ventilation and multiplies the control options of interior comfort. At the same time, its growing sloped geometry towards the south facilitates the renovation of hot air through the superior façade, and the capturing of new fresh air thorough the inferior one, towards the north. Save this picture!All of the openings have three fencing levels: adjustable shutters that guarantee sun protection in the summer and captures the sun’s radiation in the winter, a mosquito net which allows ventilation and protects from the insects, and finally, interior aluminum carpentry with a thermal bridge break and double glass with an interior chamber. The three panes are sliding and they can be hidden within the ventilated chamber of the façade, therefore obtaining complete openings on the construction which intensify the relationship with the environment and the perception of the walls. The façade is built with ventilated double panes and an interior bearing wall. Hence we improved the insulation, the thermal inertia and air tightness; we minimized the thermal bridges and the possible condensations and avoided cracks due to the cross of the façade’s vertical plane with the suspended floor and the roof plane. It even allowed us to reduce the light in order to cover it with self-supporting main beams that didn’t need formwork. Save this picture!The southern façade, with more sun exposure, has a natural shade: deciduous climbing plants protect it from the sun’s direct radiation in the summer and allows the sun to enter in the winter. The roof has little sun exposure because it faces the north and is protected with vegetation. It is finished with zinc over a waterproof board with a ventilated chamber and interior insulation. The concrete pavements work as thermal storage through direct radiation and greenhouse effect, giving the building a selective inertia depending on the solar protection system used. As a result, we have a second residence with a calculated program, with the minimal cost in meters, the maximum compactness, easy construction and minimal energetic investment at work and in the maintenance. And furthermore… has completely satisfied the developer. Save this picture!DETAILED LIST OF MATERIALS 1. Zinc sheet DEXTER type e=0.65mm of 400x835mm 2. Ventilated air chamber 3. Thermal insulation of extruded polystyrene sheet e=6cm 4. Painted plaster 5. Non-structural wall of 9cm 6. Air chamber 7. Structural wall of perforated brick 8. Exterior carpentry for sliding panes of triple rail of anodized aluminum. 9. Sliding pane with adjustable aluminum slats 10. Mosquito net. Sliding pane 11. Sliding balcony of silver anodized aluminium. Climalit 4/6/6 12. Natural “Bateig” stone, 3cm saw cut with throat 13. Ventilated suspended floor of 25+5cm edge. Inter-axis 70cm 14. Bitumen waterproofing sheet 15. Air chamber 16. Non-structural wall of 9cmProject gallerySee allShow lessOslo Central Station / Space GroupArticlesTetris Apartments / OFIS arhitektiSelected Projects Share House 108 / H Arquitectes CopyHouses•Santa Cristina d’Aro, Spain Year: last_img read more

Robert Gates asked to intercede on behalf of Afghan journalist held by the US military at Bagram

first_img News March 11, 2021 Find out more RSF_en News February 19, 2008 – Updated on January 20, 2016 Robert Gates asked to intercede on behalf of Afghan journalist held by the US military at Bagram Organisation Reporters Without Borders is concerned about Jawed Ahmad, an Afghan journalist employed by Canadian Television (CTV), who has been held by the US military at Bagram airbase, north of Kabul, since November 2007. According to Afghan colleagues, the Americans are holding him without trial because of his contacts with the Taliban as a journalist.”We call on US defence secretary Robert M. Gates to intercede on behalf of this young Afghan reporter who is clearly the victim of an arbitrary decision”, the press freedom organisation said. “The lack of legal procedures and material evidence confirms that his detention is unjustified. We point out that it is not illegal for journalists to have professional contacts with all parties to a conflict including, in Afghanistan, the Taliban”.The US military are currently holding at least two other journalists : Al-Jazeera cameraman Sami Al-Haj, in Guantanamo, and Associated Press photographer Bilal Hussein, in Iraq.Aged 22 and also known by the pseudonym of Jojo Yazemi, Ahmad was arrested by US soldiers in an airbase in the southern city of Kandahar where he was accompanying Canadian journalists working for CTV. According to Afghan colleagues, the US soldiers accused him of having the numbers of Taliban leaders in his mobile phone and of interviewing them.His brother, Siddique Ahmad, told Reporters Without Borders that, with the help of the International Red Cross, he was able to talk to him by video link on 29 January 2008. He said he had been beaten and had lost weight since being held in Bagram. CTV has also confirmed that he is being held.The detention centre at Bagram airbase has often being criticised for its harsh conditions and mistreatment of prisoners. The New York Times reported in 2005 that two detainees, who were later cleared, were beaten to death there by guards in 2002. AfghanistanAsia – Pacific Help by sharing this information News to go furthercenter_img RSF asks International Criminal Court to investigate murders of journalists in Afghanistan Receive email alerts Afghanistan : “No just and lasting peace in Afghanistan without guarantees for press freedom” Situation getting more critical for Afghan women journalists, report says AfghanistanAsia – Pacific May 3, 2021 Find out more June 2, 2021 Find out more Follow the news on Afghanistan Newslast_img read more

Martens appeal convictions for murdering Limerick businessman

first_imgBrother of slain Jason Corbett writes to US President expressing “dismay” at DA’s plea bargain offer to killers RELATED ARTICLESMORE FROM AUTHOR Family of Jason Corbett “devastated” after receiving “bombshell” news his killers will get bail after being offered “manslaughter” plea deal Thomas Martens after his conviction last August Christmas is coming and things are getting worse for some people Linkedin Jason Corbett killers, Molly and Tom Martens may be freed on bail tomorrow as they consider manslaughter plea bargain deal Print The two appeals being lodged by the Martens are separate to a wrongful death civil suit filed against them by the Corbett family which also includes Molly Marten’s mother, Sharon, as a co-defendant. They have requested that the civil proceedings be delayed and that the case is held outside Davidson County.Janesboro native Jason Corbett, died from head injuries sustained during a prolonged assault at the home he shared with his Tennessee-born wife in North Carolina. The jury was told that Mr Corbett may have been asleep and helpless in bed when he was attacked. He sustained at least 12 blows from a metal baseball bat and a concrete garden paving brick.It also emerged during the trial that traces of a powerful sedative, trazodone, which had been prescribed to Ms Martens-Corbett three days before the killing, had been found in her husband’s system.Mr Corbett had repeatedly declined to sign adoption papers in favour of Ms Martens-Corbett, his second wife, involving his two children. The Limerick man lost his first wife Margaret ‘Mags’ Fitzpatrick to a tragic asthma attack when she was just 30.See more here TAGSappealDavidson CountyJason CorbettJude David LeejuryMolly Martens Corbettmurdernorth carolinaprisonTennesseeThomas Martenstrazodone The late Jason CorbettMolly Martens-Corbett and retired FBI agent Thomas Martens are pursuing two separate appeals over the guilty verdicts returned in their trial for the second degree murder of Limerick businessman Jason Corbett in 2015.The father and daughter, who are serving sentences of between 20 and 25 years in separate prisons, are claiming juror misconduct in their appeal against the verdict at their trial at Davidson County Superior Court in North Carolina on August 9.They are also challenging their convictions to the North Carolina Court of Appeals and it is understood that this case will be heard after their legal challenge to their jury conviction in Davidson County is dealt with.Sign up for the weekly Limerick Post newsletter Sign Up Judge David Lee of Davidson County Superior Court has received affidavits supporting their appeal for the conviction to be set aside because of alleged juror misconduct over claims that there were discussions between some jurors despite the warnings of Judge Lee.This is being challenged by the Davidson County District Attorney who has argued that there was no such misconduct as to warrant the conviction to be quashed and a retrial ordered. Facebook WhatsApp NewsCrime & CourtMartens appeal convictions for murdering Limerick businessmanBy Editor – November 4, 2017 4448 Molly Martens has a release date of August 2037 Twitter Advertisement Previous articleLimerick is Ireland’s top city for ‘nooky’Next articleTrocaire call for Limerick volunteers to help overseas mission Editor Email Gardaí appeal for witnesses to serious Road Traffic Collision in County Limerick Gardaí appeal for public help in tracing missing person Limerick teenagerlast_img read more

Limerick council moves to force sale of strategic sites

first_imgWhatsApp Mortgage payment break for local authority home loan borrowers will be extended by a further three months Advertisement Cllr Joe Leddin (right) with his cousin and Green Party local election candidate Brian Leddin at the former Leddin family home in Catherine Street.Photo: Brendan GleesonLABOUR Party councillor Joe Leddin has welcomed a move by the local authority to begin the formal compulsory purchase of two blocks of buildings on Cecil Street and that of his family’s former home on Catherine Street.Under the Derelict Site Act 1990, the buildings at 43-46 Cecil Street, owned by Hirar Properties Ltd, and the buildings 34-41 Catherine Street, owned by Thanos Securities Ltd, have now been served CPO (Compulsory Purchase Order) notice.Sign up for the weekly Limerick Post newsletter Sign Up One of the buildings — 37 Catherine Street was the former Leddin family home, which was sold many years ago.The City West representative this week welcomed the move by the Council to begin the formal compulsory purchase process.“These buildings are located in the heart of our city centre and it is not acceptable for the owners to leave the buildings remain unoccupied for several years and longer. We cannot create the liveable vibrant city that we all wish to see if owners of multiple properties choose for whatever reason not to develop the buildings for residential or commercial use,” he told the Limerick Post.“There are a range of supports available from the Council to assist owners of old Georgian buildings to help redevelop them with conservation grants and professional expertise available in terms of design and development.”Cllr Leddin takes the view that these buildings offer significant potential for residential use, which would assist those working in the city and looking to secure city centre accommodation.“With the vacant sites levy active since January, there is additional onus on the owners of unused buildings or sites to either develop or sell them.“This decision by the Council to use the powers under the Derelict Site Act sends a clear message to other property owners that the Council is serious about preventing dereliction in an effort to redevelop our city centre,” he said.His cousin Brian Leddin, who is running for the Green Party in Limerick City North in the local elections, also welcomed the news.“Both groups of buildings are in prime city centre locations. The Council should decide quickly on how best to utilise these buildings. I would encourage the Council to see the potential for good quality residential accommodation. The key to creating a thriving city centre is to have people living in it,” he concluded. NewsHousingPoliticsLimerick council moves to force sale of strategic sitesBy Alan Jacques – April 6, 2019 2493 Limerick city house prices rise 4.9% as time to sell falls Thefts of catalytic converters on the rise #crimeprevention Linkedin Email Printcenter_img TAGSHousingLimerick CityNewspolitics Facebook RELATED ARTICLESMORE FROM AUTHOR Limerick on Covid watch list Limerick county house prices to rise 5% in 2021 Twitter Previous articleNew Music: Junior Brother / PowPig four trackerNext articleHello, My Name is Single Alan Jacques Shannon Airport braced for a devastating blowlast_img read more

House Votes to Drastically Change CFPB

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News, Secondary Market June 8, 2017 2,094 Views Demand Propels Home Prices Upward 2 days ago Dodd-Frank Act Financial CHOICE ACT 2017-06-08 Brianna Gilpin Governmental Measures Target Expanded Access to Affordable Housing 2 days ago On Thursday, the House of Representatives passed a landmark bill–233 to 186–that, in its current form would dramatically change the future of financial regulation. The Financial CHOICE Act, originally introduced by Representative Jeb Hensarling (R-Texas), Chairman of the House Financial Service Committee, on April 26, 2017, significantly amends the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.In mid-April, Republicans introduced the bill, arguing that Dodd-Frank and the subsequent regulation that ensued harms economic growth and ultimately, the American consumer. According to the proposal, Dodd-Frank’s particular brand of regulatory complexity and government micromanagement made basic financial services less accessible to small businesses and lower-income Americans.The CHOICE Act is the Republican response to reforms put in place after the 2008 economic collapse. Critics of Dodd-Frank have long argued that the law is too restrictive for financial institutions, driving up the cost of compliance, a cost that is ultimately born by the public. Republicans insist that the CHOICE Act offers financial institutions of all sizes a “Dodd-Frank off-ramp,” which, is an avenue to freedom from an overly burdensome and highly intrusive regulatory regime in exchange for the institutions maintaining significantly larger capital reserves than currently required.”Yes, there are a couple of particular things where we could tighten it up, but the assault on the major set of plans is greatly mistaken,” former Rep. Barney Frank, D-Mass., said recently on Squawk Box Asia. “Any comprehensive legislation needs some changes. If the Republicans hadn’t taken over the House in 2011, with an avowed purpose to get rid of the whole thing, we would have made the changes.”The CHOICE Act purports to achieve three major policy goals:Convert the Consumer Financial Protection Bureau (CFPB) into a consumer law enforcement agency subjecting it to the congressional appropriations process;Eliminate CFPB’s supervisory authority over financial institutions and limit its power to take action against entities;Remove “Too Big to Fail,” or the Financial Stability Oversight Council’s authority to designate non-bank financial institutions and financial market utilities as “systematically important”The bill’s sponsors say the intent of the bill is to create hope and opportunity for investors, consumers, and entrepreneurs by holding Washington and Wall Street accountable, eliminating red tape to increase access to capital and credit.“Supporters of Dodd-Frank promised it would lift the economy, end bailouts, and protect consumers,” Hensarling said in April. “Yet Americans have suffered through the worst recovery in 70 years, Dodd-Frank guarantees future bailouts for Wall Street, and consumers are paying more and have fewer choices. Dodd-Frank failed to keep its promises to the American people, but we will work with President Trump to follow through on his promise to dismantle Dodd-Frank. That’s not what Wall Street wants, but it is what hardworking Americans need to have a healthier economy with more opportunities so they can achieve financial independence.”Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, quipped that she calls the act the “Wrong Choice Act” because it would be extremely harmful for hardworking Americans across the country.“Let’s first talk about why we passed Wall Street reform and created the Consumer Bureau in the first place,” Waters said. “Remember the financial crisis? At the core of it, there was an epidemic of irresponsible and malfeasant behavior by financial institutions. Under-regulated predatory lenders peddled and pushed toxic subprime loans to unsuspecting borrowers. Then Wall Street packaged those loans into securities, paid credit rating agencies to rate them AAA, and made bets that they would fail. When they imploded, it sent the economy tumbling into the Great Recession.”Waters went on to say the Democrats took action to ensure that this sort of abusive behavior could never happen again by passing Dodd-Frank and creating the CFPB and the passage of the CHOICE Act would lead the country down the road to another financial crisis.“Although financial services reform was necessary in the wake of the crisis, the passage of Dodd-Frank represented an overcorrection that ushered in an overly burdensome and unnecessarily complicated regulatory scheme for the mortgage industry,” said Five Star Institute President & CEO Ed Delgado. “Now nearly a decade later, the industry has partnered with government stakeholders and adapted to the new climate at great cost. I urge congress to be mindful of the business reality and enact any common sense financial reform in an incremental fashion to ensure continuity for the American Consumer.” Related Articles Sign up for DS News Daily About Author: Brianna Gilpin Share Save Tagged with: Dodd-Frank Act Financial CHOICE ACTcenter_img Servicers Navigate the Post-Pandemic World 2 days ago Previous: Secretary Carson Defends HUD Budget Proposal Before Housing Subcommittee Next: JPMorgan Chase to Undergo Leadership Changes The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / House Votes to Drastically Change CFPB The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago House Votes to Drastically Change CFPB Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] last_img read more

A Truly Uniform Judiciary Through A Hybrid Hearing System

first_imgColumnsA Truly Uniform Judiciary Through A Hybrid Hearing System Devashish Bharuka17 Feb 2021 8:46 PMShare This – xWhen we entered 2020, it was unimaginable that the Supreme Court of India would start its functioning completely online. The corridors till February were packed with lawyers and litigants, the court halls over-crowded, physical files being loaded in tons by the clerks and court staff to and from the court halls, internal arrangement of the court halls being constantly altered…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?LoginWhen we entered 2020, it was unimaginable that the Supreme Court of India would start its functioning completely online. The corridors till February were packed with lawyers and litigants, the court halls over-crowded, physical files being loaded in tons by the clerks and court staff to and from the court halls, internal arrangement of the court halls being constantly altered to accommodate the ever-growing assemblage of advocates. One recalls, with much nostalgia, even those moments of push and pull, where one would struggle to enter into and exit from a court hall, trying to make his or her way forward while the matter is being called out. And then came by COVID-19. While the world changed, the Supreme Court, High Courts and other courts across the country adapted to technology and switched online. Though limited in nature, the system did provide some amount of relief. Voices of protests, here and there, were raised against the virtual system. Demands for physical hearing were heard often in those early days. But as COVID-19 raged through the country and the dust settled, one realized that the virtual court is likely to be the new normal for a while. However, as we entered 2021, this realization has taken a new dimension – the ‘new normal’, rather than being pro tem measure, might be here to stay albeit in a new avatar. Uniform Judiciary The Indian Constitution has envisioned an integrated judicial system with the Supreme Court at the top followed by the High Courts and then the subordinate judiciary. This single system of courts enforces both the Central laws as well as the State laws. Though the legislature and executive is federal in nature, the judiciary has been, consciously and deliberately, setup otherwise. On Nov 4, 1948, Dr. B.R. Ambedkar moved the Motion re Draft Constitution.[1] While introducing the proposed Indian Federation as envisaged in the Draft Constitution, he informed the Constituent Assembly that the Draft Constitution has sought to forge means and methods whereby India will have Federation and at the same time will have uniformity in all basic matters which are essential to maintain the unity of the country. One of the means adopted was to have a single judiciary. According to Dr. Ambedkar, though a dual judiciary is the logical consequence of a dual polity which is inherent in a federation (like in USA), the proposed Indian Federation though a Dual Polity has no Dual Judiciary at all. The High Courts and the Supreme Court form one single integrated Judiciary having jurisdiction and providing remedies in all cases arising under the constitutional law, the civil law or the criminal law. This was done to eliminate all diversity in all remedial procedure. Unified judiciary, therefore, is a unique feature of the Indian federation. Right to access to justice is a firmly rooted principle in the Indian jurisprudence. Every person in India is entitled to access to any court across the country. Emanating from Article 21 of the Constitution, it encompasses myriad rights in itself – right to speedy trial, right of fair trial, right against delayed execution, right to legal aid, right of appeal, etc. A facet of access to justice is found in Article 22(1)[2] of the Constitution is the right of a person to consult, and to be defended by, a legal practitioner of his choice. While theoretically, right to access to justice is a fine concept; in practical terms, considering India’s vast georaphical expanse, the right is practiced more in breach. While courts at the subordinate level might be considered to be reasonably accessible, as we move up the hierarchy, the physical location of superior courts (and consequently, the costs involved) has a profound impact on their accessibility by a common litigant. The very fact that the High Court of a State is physically located at a particular place would dissuade a litigant to approach the higher forum. Some states like Madhya Pradesh, Rajasthan, Karnataka, Uttar Pradesh have more than one bench of the High Court considering the hardships faced by the litigant. The Supreme Court of India sits at the summit of a pyramidal, unified and integrated judicial system.[3] However, accessibility to the Supreme Court has been an issue of concern for quite some time. The Law Commission of India had recommended for constitution of benches of the Apex Court in its 125th (para. 4.17)[4] and 229th (paras. 3.1 and 3.2)[5] Reports. Article 39A[6] has been employed to justify creation of benches of the Apex Court (see here). Even recently, there have been demands for a Supreme Court bench in south India (see here and here). Moreover, ‘cross-country litigations’ between parties is not uncommon and locational advantage of one party might itself be a cause for tilting the scale of justice. Principles concerning ‘territorial jurisdiction of a court’ or ‘seat of arbitration’ assume grave significance when one weighs the locational advantage of parties. Access to justice seems to be comprised on more than one occasion in such situations resulting in one-sided settlements. It is not only from the litigant’s point of view but also for the advocates that courts across the country ought to be made more accessible. Section 30 of the Advocates Act, 1961 guarantees a statutory right to an advocate to practice throughout the territories to which the Act applies- in all courts including the Supreme Court;before any tribunal or person legally authorised to take evidence; andbefore any other authority or person before whom such advocate is by or under any law for the time being in force entitled to practise. The Central Government, in exercise of its powers under sec. 1(3), of aforesaid Act appointed 15th June 2011 as the date on which section 30 came into force.[7] An advocate, therefore, who is enrolled on any State Bar Council is, as a matter of right, entitled to appear before all the courts in the country. Inspite of the above constitutional and statutory setup, experience informs us that parties (and their advocates) find it difficult to access the courts. Logistical issues like the costs involved, engagement of a lawyer of one’s own choice, physical distance to approach a court premise, balancing between court litigation and one’s one work (whether personal or for gains), etc. tend to influence the decision to initiate or continue dispute resolution process through courts. COVID-19 and afterVirtual courts seem to have provided the solution for this facet of access to justice. Onslaught of COVID-19 has turned out to be a leveler of sorts for persons opting to resolve their disputes through the court processes. The Indian judiciary was quick to adopt technology in order to ensure availability of at least some courts during the initial lockdown period and progressively increase accessibility of courts during the remaining period of 2020. What the courts failed to appreciate during regular times, it adopted during the pandemic – the power of technology to transform the judiciary truly uniform. The unfortunate times of COVID have shown us the path for a more accessible justice system by approaching the courts through e-filing and virtual hearings. The choice of virtual platforms, the issues of internet connectivity, the problems of lawyers adopting to technology, etc are issues which ought to be treated as temporary considering the larger, long term benefit of a better access to justice through use of technology. The Indian courts are witnessing a transformation as a single, unified judiciary, which was originally envisioned by the markers of the Constitution. As the COVID-19 curve is flattening in India, expectations of physical hearing in 2021 would re-bound. However, to return completely to physical hearing (of pre-COVID era) would, in my view, make the entire experiment of virtual hearing virtually futile. Our experience with virtual hearing ought to be made full use of in future development of the system. At the same time, considering practical difficulties, physical hearing must also continue. Providing optional system would, it seems, be the better choice of all. It is for the courts to fully adopt the hybrid system of hearing across the country. If all the courts uniformly adopt the hybrid system (virtual and physical) for every matter, it would be unlikely that the demand for benches of a particular superior court or of a tribunal would be heard in future. It would be unlikely that a litigant would worry about costs in approaching a court situated at a far away place. An advocate would be able to exercise its statutory right available under section 30 of the Advocates Act of appearing in any court without additional burden upon the litigant. Adoption of the Constitution of India in 1950 gave an Indian citizen a fundamental right to access to justice anywhere in this vast country. With this particular right to approach a court, the Rule of Law was firmly embedded in our democracy. We are once again on the verge of another monumental transformation of the Indian courts (and thus its access in order to enforce the Rule of Law). The right choice would provide further impetus to a common man on this front. With the experience gained over trial and errors, the stakeholders of the system also seem to be ready for this transformation. It is now upon the courts across the country to adopt this system even post-COVID and offer a hybrid solution, where any matter can be argued in any court from anywhere either physically or virtually and make the Indian judiciary uniform for all times to come. Creation of a hybrid system is the need of the hour so that every citizen of the country finally has access to justice across the Indian judicial system. A litigant can have a choice of his lawyer as guaranteed under the Constitution. An aggrieved person need not worry about time, expenses and uncertainty only because of physical distance between himself and the court. The concept of availability of ordinary and extraordinary jurisdiction of courts would be more meaningful. This is an opportunity for the judicial system to ensure last-mile availability of its services to a common man by adopting a hybrid hearing system. After all, it is for the common man that the courts exist and not the other way round. It is time that we take this step to bring justice closer to home. Views are personal. [1] Constituent Assembly Debates, Vol. VII, p. 31 at 36-37. [2] Article 22(1) on The Constitution Of India: Protection against arrest and detention in certain cases.- No person who is arrested shall be detained in custody without being informed, as soon as may be, of the grounds for such arrest nor shall he be denied the right to consult, and to be defended by, a legal practitioner of his choice. [3] George J. Gadbois, Jr., Supreme Court of India: The Beginnings, Oxford University Press, 2017, p. 86. [4] Supreme Court – A Fresh Look (1988). [5] Need for division of the Supreme Court into a Constitution Bench at Delhi and Cassation Benches in four regions at Delhi, Chennai/Hyderabad, Kolkata and Mumbai (August 2009). [6] The State shall secure that the operation of the legal system promotes justice, on a basis of equal opportunity, and shall, in particular, provide free legal aid, by suitable legislation or schemes or in any other way, to ensure that opportunities for securing justice are not denied to any citizen by reason of economic or other disabilities. [7] Notification no. SO 1349 (E) dated 9th June 2011. Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

BOI to explain reasons for mass branch closures today

first_img FT Report: Derry City 2 St Pats 2 Pinterest AudioHomepage BannerNews News, Sport and Obituaries on Monday May 24th Harps come back to win in Waterford WhatsApp Journey home will be easier – Paul Hegarty Twitter Google+ Previous articleNumber of Covid-19 deaths in nursing homes passes 2,000Next articleHalf of Irish restaurants face permanent closure due to Covid News Highland Derry draw with Pats: Higgins & Thomson Reaction DL Debate – 24/05/21 center_img By News Highland – March 23, 2021 Google+ WhatsApp Facebook RELATED ARTICLESMORE FROM AUTHOR BOI to explain reasons for mass branch closures today Bank of Ireland will today deny it’s using reduced footfall during the pandemic as an excuse to close branches.It will appear before the Oireachtas finance committee to explain why it’s shutting 103 branches across the island in September.Five branches in Donegal are set to go as part of the move.The bank will say footfall at these outlets has dropped by 60 per cent since 2017.It will say there’s an ‘inescapable tipping point’ – with people switching to online banking.Sinn Féin’s finance spokesperson and Donegal Deputy Pearse Doherty, is dismissing the comments.Audio Player Up/Down Arrow keys to increase or decrease volume. Pinterest Facebook Twitterlast_img read more

NOP Research

first_imgNOP ResearchOn 27 Jun 2000 in Personnel Today NOP research released this week confirms that the developments we implemented on the magazine last year have helped Personnel Today reach more HR professionals than any other magazine and ensured it is now the preferred read among HR directors, managers and officers. This success could not have been achieved without you – the readers.Every TuesdayLast autumn, Personnel Today gathered your views to respond more effectively to your information needs. In October 1999 we took the initiative to deliver the magazine to the workplace every Tuesday and became the first weekly news publication in the HR market. Our targeted circulation grew to 52,000 and we changed our format, content and design in recognition of the growing strategic importance of HR within business. We believed HR deserved a dynamic, independent weekly. New contentPersonnel Today put business issues at the heart of its content and we introduced new columnists, more up-to-date news and legal advice, additional benchmarking data and placed big emphasis on practical guidance on all employment issues. Our objective was to become an indispensable, practical resource for information and jobs.Eight months later, HR attitudes towards the key publications in the market were tested with the NOP Personnel Market Readership Survey 2000. It shows that Personnel Today performs better than any other HR title, including People Management and HR Magazine. Our average issue readership, among a sample of 482 HR professionals, is much higher than our competitors with 65 per cent of all respondents having read Personnel Today in the last week as opposed to 55 per cent having read People Management in the last fortnight. Most practical business focusWe also scored top on the publication with the most practical business focus, most useful in your job and best overall. Half of all respondents in the survey chose Personnel Today as the publication they would select if they could read only one, compared to 33 per cent choosing People Management.We have had a remarkable first eight months as a weekly, but there is more to do. Reader commitment and interest in Personnel Today is at an all-time high with letters, e-mails and phone calls increasing week on week. Your backing has far exceeded our expectations and we really do appreciate it. We will continue to innovate and look forward to continuing reader interaction. We welcome your comments and ideas, particularly on new initiatives, such as our Awards, the Personnel Today Book Service, HR Benchmarker and the launch last week of an E-Biz page. E-mail your views to [email protected] Previous Article Next Article Comments are closed. Related posts:No related photos.last_img read more