To hire or to outsource – a compliance consideration

first_imgI’ve had some great conversations with credit unions this week regarding their consideration to hire knowledgeable compliance staff, or to outsource many compliance functions to third party experts. Either option could be an appropriate choice depending upon the credit union.In pre-internet days, it was more practical for a credit union to hire or train a staff member to ensure compliance requirements were being met. This was partially due to the physical presence of the individual at the credit union, and partly because the compliance burden wasn’t so significant. These days the location of the individual is not nearly as critical, however many credit unions prefer the comfort which goes along with having this knowledge on staff. It’s easy to walk down to Bob’s office to run a compliance question past him. And, it’s easy for Sally to grab a file from the filing cabinet to review disclosures. For less complex credit unions, with adequate means, this may be a great option. After all, nobody knows the credit union’s goals and operations better than its own employees, right?Unfortunately, as regulatory compliance rules expand, and additional regulators get into the mix, it is hard for one individual to be an expert on all compliance matters. This means that the credit union may not be paying the salary, benefits and other costs for only one employee, but perhaps a group of employees. And that is if knowledgeable individuals are available for hire. If these individuals are not available, the credit union will need to ensure that sufficient training is provided to existing staff regarding the intricacies of rules and regulations. Additionally, those who possess or obtain compliance knowledge are sometimes difficult to retain. Compliance expertise is in high demand these days and those that have it are subject to a never-ending barrage of calls from head-hunters trying to steal them away. If one of these individuals is plucked from the credit union, it is back to square one. continue reading » 13SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

CNTB presented a portal on health tourism

first_imgThe portal of the Croatian National Tourist Board recently published a subpage on which it presents health tourism.It is a joint project of the Croatian Tourist Board and the Croatian Chamber of Commerce whose goal is to present the national offer of health tourism in one place, ie business entities that contribute to improving and enriching the tourist offer and developing content to extend the tourist season and positioning Croatia as a health tourism destination.On this subpage, business entities are divided into 10 tourist regions and the activities they are engaged in, and information is available in six foreign languages, thus promoting all companies involved in health tourism in a unique way.I can only say at last, something like this should have been a long time ago, but better late than never. But without a strategy for the development of health tourism, as well as a complete tourism product, there will be no success, as well as such important synergies of all stakeholders. I sincerely hope that this is a symbolic start to some new positive story about the development of health tourism.Get involved if you’re not on the list, network and tell stories together. . The web is available via a link Health & Wellness – Full of well-being.last_img read more


first_imgThe occupants of this taxi had a lucky escape when it ended up in a ditch on a cross-border road between Inishowen and Derry.The car went off the road at the Groarty Road’s junction with Bunamaine (known as the back road to Bridgend).It is believed no one sustained serious injuries.  LUCKY ESCAPE AS TAXI ENDS UP IN DITCH was last modified: March 6th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:bridgendcrashtaxi-driverlast_img read more


first_imgThe ‘Centre Of Excellence’ team are so proud to announce that they have been placed in 2nd position for Ulster Salon of the Year at the glamorous Schwarzkopf Hairdressing Business Awards held in the RDS, Dublin yesterday evening.Some of the Patrick Gildea crew at the awards.The RDS was packed with the crème de la crème of hairdressing professionals from all over Ireland.Lorraine Keane announced the second placed Ulster Salon of the Year as Patrick Gildea hairdressing and commented the salon was a name she had heard a lot of during the course of the evening, a tribute to just how many awards that they were shortlisted for. A rapturous applause and screams of excitement was heard when Patrick himself collected the award on behalf of the team.He said “We were honoured to be shortlisted for this award and are absolutely delighted to get placed 2nd in the whole of Ulster for Salon of the year. We are delighted that our hard work has been recognised within the hairdressing industry and feel that it is a great reflection on the experience that we deliver to all our clients. A very special thank you to the whole team who work so hard to deliver the best experience in the North West for all our clients.”For those of you who haven’t had the pleasure of attending the “Centre of Excellence” yet, you can expect the best Hairdressing experience in the North West where you are treated like a special guest. The luxurious salon provides a haven for clients who can fully relax in a beautiful surroundings being taken care of by a highly talented, friendly team of professionals who are constantly training to develop their skills even further. It just goes to show you don’t have to go outside Donegal to get the highest standards of hairdressing in an award winning salon!  PATRICK GILDEA HAIRDRESSING COMES SECOND IN ULSTER SALON OF YEAR was last modified: March 31st, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:awardsPatrick Gildealast_img read more

Gallery: Celebrate Marine Month in South Africa

first_imgCompiled by Melissa JavanNational Marine Month, which begins on 1 October, promotes awareness of South Africa’s marine and coastal environments, as well as of the benefits that our oceans bring to our nation.South Africa is nestled between two currents, and two oceans:The warm Agulhas Current, with rich ocean biodiversity, but not large fish stocks; andThe cold Benguela Current, which supports large fisheries such as those focused on the small pelagic (anchovy and sardine) and the demersal (hake) stocks.The Indian Ocean, on the east side of the country, is warmed by the Mozambique or Agulhas Current, which flows down from the tropics, while the Atlantic Ocean, on the west coast, is cooled by the icy Benguela Current, which comes up from the Antarctic. The Agulhas and the Benguela currents, in addition to the cold southern oceans, are key drivers of South African climate and rainfall conditions. (Image: Wikipedia)Learn more here about where the two oceans meet.Learn more here about South Africa’s geography.Photos that are copyright Media Club South Africa and Brand South Africa may be used free of charge for editorial purposes, on condition that Media Club South Africa and Brand South Africa are credited.Reasons why you should care about our oceans The world’s oceans generate most of the oxygen we breathe. (Image: Brand South Africa) The ocean regulates our climate. (Image: MediaClubSouthAfrica) The ocean is the producer of moisture to the atmosphere, which leads to rain. (Image: MediaClubSouthAfrica) Rain, which is mainly produced by the ocean, plays a vital role in agriculture. (Image: MediaClubSouthAfrica) The ocean cleans the water we drink. (Image: MediaClubSouthAfrica) Global trade is dominated by sea transport. (Image: MediaClubSouthAfrica) The ocean boosts tourism and has a positive impact on the economy. (Image: MediaClubSouthAfrica) The ocean offers us a pharmacopoeia of potential medicines. (Image: MediaClubSouthAfrica) The ocean helps to feed us; it also creates skills development opportunities and employment. (Image: MediaClubSouthAfrica)Initiatives that involve the oceanLearn more here about the government’s Operation Phakisa initiative.Find out more here about the government’s water programmes that create job opportunities.Read more here about how the ocean plays a role in tackling the energy crisis.This article was originally posted on the South African Government website.last_img read more

Work on year round E15 continues

first_imgShare Facebook Twitter Google + LinkedIn Pinterest As the U.S. Environmental Protection Agency (EPA) works towards allowing year-round use of E15 gasoline, ethanol proponents are watching closely with summer sales ban approaching.“Farmers stand ready to work with the Administration to clear obstacles to higher blends of ethanol such as E15 and ensure a final rule works for the full ethanol and fuel supply chain,” said Kevin Ross, National Corn Growers Association first vice president. “To ensure E15 sales are not interrupted, NCGA urges EPA to complete this rulemaking by June 1.”Ross’s comments came during a hearing held as part of the rulemaking that would remove regulations requiring retailers in many areas of the country to stop selling E15, a blend of gasoline and 15% ethanol approved for all vehicles 2001 and newer, during the summer months.In a letter to EPA Administrator Andrew Wheeler, National Farmers Union President Roger Johnson urged EPA to rewrite a provision contained within the rule that could amount to a cap on ethanol.“Farmers Union is eager for EPA to follow through on its promises to get an E15 waiver out of the door by June 1,” Johnson said. “But we are concerned that certain provisions within EPA’s rulemaking unnecessarily work against expanded use of higher level blends of ethanol.”NFU’s concerns stem from EPA’s interpretation of the “substantially similar” clause of the Clean Air Act, which prohibits the sale of any fuel or fuel additive that is “not substantially similar” to fuels or fuel additives used in the certification of new vehicles.In 2017, E10 gasoline — gasoline blended with 10% ethanol — became the nation’s certification fuel, making higher level blends of ethanol, like E15 and E30, substantially similar. Yet in its proposal, EPA has limited its “substantially similar” interpretation to only an E15 blend, making the prospects of using higher level blends of ethanol harder to achieve.“Unfortunately, EPA’s substantially similar determination is limited to E15,” said Johnson. “While we do not necessarily disagree with EPA’s interpretations that would allow for E15 year-round, we believe the statute clearly allows for higher ethanol blends as part of the substantially similar determination based on E10 certification fuel.”last_img read more

FIFA selected good hosts

first_imgIf you thought only digesting losses on the sporting field was tough, you should have tuned in to the FIFA World Cup bids for 2018 and 2022 which were won by Russia and Qatar respectively.While the whole process of (s) electing which country would be given the right to host the high profile World Cup did not take much time, it left England in tears as they had almost taken it for granted that their bid was the best.Almost two days after the Englishmen have been brought down to terra firma, the big point remains that nothing can be taken for granted in high profile bids like this. I am not one bit surprised by the reactions which have come from the Englishmen, be it the average football lover or their own media.Words like “rigging”, ” mafia” and so on are being mentioned openly and so are insinuations about the process of choosing a host nation being flawed. My point is the 22 members who were part of the FIFA committee must have gone by some facts, figures and projections before taking such big decisions. That England went out in the first round with only two votes, one of them from an Englishman, is a big message about their own popularity.The English bid was supposed to have been comprehensive with solid financial projections. But what can be understood from the voting pattern is that England was not at all popular and since the event had to be allotted to a European country, Russia got it.advertisementIf one flips through the list of countries which have hosted the FIFA World Cup since 1930, with the first edition held in Uruguay, it is clear the event stayed in Europe or South America. There was a departure in 1994, when the United States of America got to host it.I still remember what I saw on television. There seemed to be a total lack of interest in the World Cup. It certainly was not the best advertisement for football as the world saw it.Again, after 1994, the host countries were France (1998), South Korea and Japan (2002), Germany (2006) before South Africa came up as a surprise host for the 2010 World Cup.It is well known that when South Africa was chosen, there was anger, jealousy and outrage among so many countries. It was as if South Africa was the worst possible choice with doubts over their organisation skills. Memories of the 2010 FIFA World Cup are still fresh. From Shakira’s ‘ Waka Waka’ at the opening ceremony to pulsating matches day in and day out, South Africa showed the world what it was capable of.If Russia has been chosen, FIFA knows that the World Cup is still in Europe only, though England will never reconcile. At a time when not just Englishmen but others are also demanding that the people who choose host nations should be larger in number, I think the present style is fine.As soon as Russia got the nod, it was time to look at 2022. Again, Asia was counting its chances and the Aussies thought they would have a good chance. But there were a couple of tricks played and how Qatar was chosen is something which can be debated for a long time.It does not require rocket science to understand that FIFA boss Sepp Blatter is a very shrewd man. He knows in the name of broad- basing the sport, the World Cup is bound to travel to newer continents.So when the Middle East as a region was looked at, Qatar had to be picked. It is here the role played by Asian Football Confederation president Mohamed Bin Hammam came into focus.When one factors the AFC’s might in terms of votes it has, there are 46 members. Surely, Blatter must have factored that when the next FIFA elections take place in 2014, the AFC countries will be behind him.Call it a masterstroke or the art of booking votes for the future, it’s not just politicians but sports administrators who play their cards well.You may crib about Qatar being conservative and so on and how there are restrictions on alcohol in public. If you look at the other side, minus the European lager louts, handling the crowds will be easier in Qatar.Agreed, temperatures hover above 45 degrees centigrade but it’s not like that all the time in Qatar. When you see Europe under snow now and football still being played, you know what this sport is all about.There is big money in Qatar and you can be sure they will splurge in such a big way, the World Cup infrastructure will be top- class.advertisementThey have held big sporting events before and the Doha Asian Games in 2006 was a big success.Henceforth, the heavyweights in Europe, North America and Australia will do well to realise that there is a big change now in the way giant sporting bids are being decided.If the USA could lose two successive Olympic bids and Rio got the nod for the 2016 Olympic Games, the FIFA World Cups of the future are indeed going to be defining. And the losing nations should stop whining!last_img read more

10 months ago​Sheffield Wednesday up for sale

first_imgTagsEnglish ChampionshipAbout the authorIan FerrisShare the loveHave your say ​Sheffield Wednesday up for saleby Ian Ferris10 months agoSend to a friendShare the loveSheffield Wednesday owner Dejphon Chansiri says he is putting the Championship club up for sale, reports BBC Sport.The Thai businessman, who bought the Owls in 2015, told a fans’ forum he would put the club on the market.The Owls are currently 18th in the Championship, with fans unhappy with manager Jos Luhukay, and were under a transfer embargo which ended in August.”I will put this club on the market. I believe many people want to buy,” Chansiri told the forum.The last available financial figures show the Owls lost more than £20m in 2016-17, an increase of £15m on the previous year.”The EFL changed the regulations at the end of last season. We didn’t just break (FFP rules) a little, we broke them a lot – eight figures,” he added to the forum.”We have problems with FFP, so it is hard, but we will try our best.”I am not looking to next season, I am looking now to solve FFP and how we can make this season as good as we can.”If we can solve those problems now, then next season can be better.” last_img read more

Breaking: ESPN Shutting Down Grantland Effective Immediately

first_imgESPN promotion for Grantland Sports.Grantland/ESPNUpdate 2: Simmons has weighed in on the situation. He called the treatment of his former colleagues “simply appalling.”I loved everyone I worked with at G and loved what we built. Watching good/kind/talented people get treated so callously = simply appalling.— Bill Simmons (@BillSimmons) October 30, 2015Update: According to James Andrew Miller, all of Grantland’s writers will have their contracts honored. Furthermore, the network “intends” to use the sports writers on other platforms.All @Grantland33 writers will have their contracts honored; intent is to use sports writers on other @espn platforms.— James Andrew Miller (@JimMiller) October 30, 2015 espn grantland shut downGrantland/ESPNEarlier: ESPN sports and pop-culture blog Grantland, which was founded back in 2011 by former employee Bill Simmons, is being shut down by the network. Simmons parted ways with ESPN back in May, and Chris Connelly had been in charge since.The Worldwide Leader announced the news Friday via the following statement:Effective immediately we are suspending the publication of Grantland.  After careful consideration, we have decided to direct our time and energy going forward to projects that we believe will have a broader and more significant impact across our enterprise.Grantland distinguished itself with quality writing, smart ideas, original thinking and fun.  We are grateful to those who made it so.  Bill Simmons was passionately committed to the site and proved to be an outstanding editor with a real eye for talent.  Thanks to all the other writers, editors and staff who worked very hard to create content with an identifiable sensibility and consistent intelligence and quality. We also extend our thanks to Chris Connelly who stepped in to help us maintain the site these past five months as he returns to his prior role.Despite this change, the legacy of smart long-form sports story-telling and innovative short form video content will continue, finding a home on many of our other ESPN platforms.Reaction has been pouring in from many in the industry. ESPN’s handling of @Grantland33 and its staff post-Simmons has been, to be blunt, a train wreck. That staff deserved much better.— Richard Deitsch (@richarddeitsch) October 30, 2015Writing seemed to be on the wall the past few weeks, but still a major bummer nonetheless— Ben Axelrod (@BenAxelrod) October 30, [email protected] gave some of my favorite writers a chance to do whatever the hell they wanted to do for a long time. That’s great.— HALLRAISER (@edsbs) October 30, 2015The decision to end @Grantland33 was a very recent one according to sources at @espn— James Andrew Miller (@JimMiller) October 30, 2015I have read Grantland every day since launch. There is going to be an real hole in my life with it gone. I’m so sorry for everyone involved.— Will Leitch (@williamfleitch) October 30, 2015More as we learn it.last_img read more