SWIMA: Uniting for integrity

first_img8th January 2019 | By contenteditor George Rover, chief integrity officer of the Sports Wagering Integrity Monitoring Association, sets out the core aims of the new US-focused integrity body Operators have banded together to establish the Sports Wagering Integrity Monitoring Association (SWIMA), a body dedicated to upholding integrity in US sports betting. Here the association’s chief integrity officer George Rover tells David Briggs how it aims to maintain a market free from corruptionWhat is SWIMA? The Sports Wagering Integrity Monitoring Association, or SWIMA, is a not-for-profit entity whose membership includes the majority of those regulated sportsbook operators involved in the United States betting market. It is important to note that SWIMA will be funded in its entirety by its members and will not require financial support from taxpayers, state or federal governments or the sports leagues.Why was SWIMA formed? The invalidation of PASPA by the United States Supreme Court in May 2018 has opened the door for each state to allow sports betting, if they choose so to do. Predictably the volume of betting activity generated by the limited number of states that have authorized sports betting has been huge. With additional states poised to enact legislation allowing sports betting in 2019, it became clear to the industry, as well as to regulators, that a robust compliance structure would be needed to assist sports book operators and regulators in protecting the integrity of sporting events. Hence, SWIMA was formed with three primary objectives in mind: (1) establish a proactive, collaborative entity to facilitate the sharing of information about suspicious sports wagering transactions between and among its members and, in appropriate circumstances, with regulators, law enforcement and the professional sports leagues; (2) establish relationships with the government officials who have the authority to further investigate suspicious activities reported by SWIMA and (3) assist all stakeholders in detecting and discouraging fraud, manipulation and unethical behavior in connection with sporting events.How many sportsbook operators are participating? I cannot provide you with a specific number since we recently disseminated the membership documents to the various sportsbook operators. However, I would expect that every sportsbook operator will become a member of SWIMA since its sole objective is to protect the integrity of Sports and that is something that is in the interests of all the sportsbook operators.Will SWIMA have a relationship with other sports integrity organizations like ESSA? The success of any sports integrity organization like SWIMA relies upon the sharing of information between and among as many stakeholders as possible. We have had many discussions with representatives of ESSA and they have provided invaluable insights and assistance in our efforts to establish SWIMA. I expect that SWIMA and ESSA will develop a close working relationship. Certainly, SWIMA will consider forging additional relationships if they further SWIMA’s objectives.Has SWIMA reached out to other stakeholders besides licensed betting operators such as gaming regulators or the professional sports leagues? In the eight states where sports betting has been authorized, each gaming regulator has expressed strong support for SWIMA. It is clear that to effectively police the integrity of sporting events, a multi-jurisdictional approach that allows sports book operators in different states and tribal jurisdictions to share information about unusual activity in their sports betting operations is essential. With respect to the professional sports leagues, we are hopeful they will want to participate in a manner that is consistent with SWIMA’s objectives to protect the integrity of sports betting.Are SWIMA members subjects to any rules on how they interact with each other and with the Association? Each SWIMA member is required to sign a Code of Conduct that addresses issues such as confidentiality, conflicts of interest, cooperation with stakeholders and an obligation to report certain suspicious activity. The overriding objective of each member is to work together to assist all stakeholders in fully investigating suspicious and potentially corrupt or unethical activity so as to benefit the risk management efforts of the sporting industry.Does it compromise SWIMA that its members are bookmakers? Can it still be impartial? It is not a question of SWIMA being compromised by having bookmakers as members. In fact, it would be impossible for SWIMA to be effective WITHOUT having sportsbook operators as members. For integrity in sport to be upheld there has to be a mechanism for HOW the data from bookmakers can be shared to identify if something potentially improper is happening or has happened.SWIMA performs the “collection of evidence” function with respect to sports betting data which is an essential component of the integrity process in regard to ensuring the integrity of sport.Can you explain how SWIMA then fits into the overall framework for identifying possible match-fixing and then on to a subsequent investigation/prosecution? Can it only work on a state level or also on a national or international level? SWIMA’s mission is to assess betting reports submitted by our members and in certain instances where the behavior is deemed to be suspicious when viewed in its totality, it will be escalated to the appropriate government offices. In the first instance that will likely be the state gaming regulators/law enforcement and, in a perfect world, the sports leagues in an appropriate manner. Obviously in certain cases, just as you see today for other gaming cases, if the investigation become multi-state or international, then it is likely that state authorities will then will join up with Federal and/or International agencies. I would note that this escalating approach between State and Federal jurisdiction is nothing new; this is how it works today for regulated gaming in the US. What is new is that now there is significantly more regulated sports betting since the repeal of PASPA, and that it is now happening across multiple States. Hence the creation of SWIMA as a very practical, commonsense way to unite the various stakeholders in the US sports betting market who are committed to ensuring the integrity of all sporting events.Image: The Royal Gazette Topics: Sports betting Sports betting Tags: Online Gamblingcenter_img Subscribe to the iGaming newsletter SWIMA: Uniting for integrity AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

New Orleans protest: ‘Not one more deportation!’

first_imgChanting “Sin papeles, sin miedo/Without papers, without fear,” 800 people rallied behind calls to “End detention” and “Ni una más deportación/Not one more deportation” in New Orleans on July 10. The militant immigration rights protest was sparked by continuing exploitation and deportation of undocumented workers in the U.S. It was called by the New Orleans Workers’ Center for Racial Justice.People came from organizations nationwide, especially from the South, including busloads from Alabama, Georgia, Louisiana and Texas. Also participating were worker contingents from other states, including California, Illinois and Washington state.One rally theme was “Stop tearing families apart.” The crowd, reflecting that, was markedly multigenerational, with very young children, many family groupings and older workers.A multinational contingent organized by NOWCRJ blocked traffic in front of the Immigration and Customs Enforcement Regional Center. Fourteen people were arrested, some with chained hands and wearing blue T-shirts with the slogan “We are reconstruction workers.”Fernando Lopez, an organizer with NOWCRJ’s Congreso de Jornaleros/Congress of Day Laborers, said: “ICE has used New Orleans as a testing ground for some of its most brutal and unconstitutional immigration enforcement tactics, and continues to target reconstruction workers who helped rebuild the city after Hurricane Katrina.” He added: “People in our community aren’t waking up thinking about court decisions — they’re waking up wondering if they’ll make it through the day without an abusive ICE raid.” (nowcrj.org)The protest continued in front of the U.S. Fifth Circuit Court of Appeals, where hearings were underway on an anti-immigrant lawsuit that had been filed to block deportation relief measures ordered by the Obama administration. The lawsuit, upheld by a Texas judge, is now under review by the most conservative federal appeals court in the U.S.The federal measures are known as DACA and DAPA, standing for Deferred Action for Childhood Arrivals and Deferred Action for Parental ­Accountability. DACA would limit the deportation of some undocumented people who came to the U.S. as children. DAPA would prevent the deportation of some undocumented parents of children born in the U.S. or who have the status of “lawful residents.” Both measures, while very limited, have not been implemented due to the anti-immigrant lawsuit, filed by 26 states.‘Stop the raids! Alta a la polimigra!’Trumpets, trombones and tubas blared as two brass bands led the march, New Orleans-style, to rally before the Circuit Court. A battle between giant puppets broke out — a Latino worker in hard hat with tools in hand soundly defeating a Department of Homeland Security monster with a green head.The hawk of La Raza flew in the United Farm Workers flag. Francisco Torres, a citrus farm worker from Porterville, Calif., marched with the banner, “Con la Union de Campesinos tendremos papeles/With a Farmworkers’ Union, we will have papers.”The Georgia Latino Alliance for Human Rights carried “Brown is beautiful” signs, as nearby the Una Familia, Una Alabama red-shirted contingent was energized by a young child on a bullhorn shouting, “¡Obama escucha! estamos en la lucha!/Obama, listen up! We are in the struggle!”Young people from the Alabama Coalition for Immigrant Justice chanted over and over, “We believe that we will win,” a slogan from the Black Lives Matter movement. A Black and Brown Unity campaign was launched by civil rights forces in Alabama in 2011 to counter hate legislation against immigrants there.Immigrant workers from Texas, the lead state in the reactionary lawsuit, were especially well-represented. Present were the Texas Domestic Workers Network, LITE (Latinos Inmigrantes Triunfadores) and FIEL (Familias Inmigrantes y Estudiantes en Lucha/Immigrant Families and Students in Struggle) from Houston. Women from FIEL’s Justice Worker Center held signs with a unique Spanish spelling to emphasize that “workers” includes both women and men: “Todxs Somos Jornalerxs.”Participants at the protest were clear they needed much more than the small relief offered by DAPA and DACA. Reyna Wences, a national leader in the DREAM Act movement, said: “The people risking arrest were there to put an end to the deportations and detention of immigrants. Because they know that DAPA is not enough for our communities that don’t qualify for that program.”As the march continued, one participant summed up the struggle in a social media tweet: “They want our cheap labor, but they don’t want us to have rights.”Photo: Immigrant rights protesters in New Orleans: ‘Without papers, without fear.’Credit: Alabama Coalition for Immigrant JusticeFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Fannie & Freddie Confirm Uniform MBS Launch Date

first_imgHome / Daily Dose / Fannie & Freddie Confirm Uniform MBS Launch Date  Print This Post About Author: David Wharton Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Fannie & Freddie Confirm Uniform MBS Launch Date Demand Propels Home Prices Upward 2 days ago Subscribe Fannie Mae and Freddie Mac announced that they are officially set to launch their first universal mortgage-backed security (UMBS) this summer. This announcement came on the heels of a recent update to the Securities Industry and Financial Markets Association’s (SIFMA) Good Delivery Guidelines. According to Freddie Mac, the GSE will launch its first 55-day, “To-Be-Announced” (TBA)-eligible UMBS on Monday, June 3, 2019.Per SIFMA’s Good Delivery Guidelines, UMBS issued by either Fannie Mae or Freddie Mac “will be deliverable into UMBS TBA contracts for settlement,” according to Freddie’s news release issued on Monday. The statement further explained that Freddie Mac “will no longer issue new Gold PCs with a 45-day payment delay after May 31, 2019.”Starting on May 7, Freddie Mac will offer “holders of 45-day, TBA-eligible and non-TBA-eligible PCs and Giants the option to exchange their eligible 45-day securities for 55-day Freddie Mac mirror securities.” Full details of how this process will work can be found on Freddie’s Gold Exchange PC website.In a separate news release, Fannie Mae announced Monday that “In support of the Single Security Initiative, Fannie Mae will begin accepting forward uniform mortgage-backed security trades with a trade date on or after March 12, 2019, and settlement dates on or after June 3, 2019.”The Federal Housing Finance Agency (FHFA) issued its final rule for the UMBS program last week, addressing feedback expressed by commenters on the Notice of Proposed Rulemaking by refining alignment requirements to assure market participants that the GSEs will maintain consistent cash flows. The rule also explicitly outlines the ramifications to the Enterprises of misalignment. The announcement also stated that the preamble to the final rule also notes that FHFA has instructed the Enterprises to lower the maximum mortgage note rate eligible for inclusion in an MBS. It indicated that the requirements apply to the GSEs’ current offerings of TBA-eligible MBS and to the new UMBS.In FHFA’s statement at the time, Joseph Otting, FHFA Acting Director, said, “This rule demonstrates FHFA’s commitment to the success of the UMBS, which will promote liquidity and efficiency in the secondary mortgage market.”The common securities are aimed at replacing the Enterprises’ current offerings of TBA-eligible MBS and will be issued through the Enterprises’ joint venture, Common Securitization Solutions (CSS), using the Common Securitization Platform (CSP). The FHFA previously explained that, after the June 2019 launch, CSP and CSS “will expand to include the administration of multi-class securities and commingled Enterprise UMBS and the production of UMBS disclosures.” CSS and CSP will thereafter begin performing bond administration functions for close to 900,000 securities backed by nearly 26 million loans. David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] center_img Related Articles The Best Markets For Residential Property Investors 2 days ago Share Save Previous: Economist on the Housing Market: “A Complete Wreck” Next: Leaning Into Tax Lien Investing Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Fannie Mae Freddie Mac MBS UMBS 2019-03-11 David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Fannie Mae Freddie Mac MBS UMBS March 11, 2019 3,714 Views last_img read more

Mortgage Servicing Professionals Meet With HUD for Policy Discussion

first_imgHome / Daily Dose / Mortgage Servicing Professionals Meet With HUD for Policy Discussion The Best Markets For Residential Property Investors 2 days ago Mortgage Servicing Professionals Meet With HUD for Policy Discussion Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Previous: Bradley J. Osborne Joins Hladik, Onorato & Federman, LLP Next: Black, Hispanic Communities Still Feeling Legacy of Housing Crisis Demand Propels Home Prices Upward 2 days ago Tagged with: FHA FHA Loans HUD NMSA The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily April 25, 2019 3,345 Views Related Articlescenter_img Capping off a week of meetings between mortgage servicing professionals and related government agencies in Washington, D.C., on Thursday, representatives from the National Mortgage Servicing Association’s (NMSA) Joint Federal Agency Task Force met with HUD for a collaborative discussion about the future of the industry.The NMSA Task Force group met with government officials at HUD’s headquarters to discuss the pressing issues facing the mortgage servicing sector, including matters related to the servicing of FHA loans. The Task Force meeting followed Wednesday’s general assembly of the NMSA membership, which included the announcement of Wes Iseley, Senior Managing Director at Carrington Mortgage Holdings, as the group’s incoming Chair, taking over from outgoing Chair Ray Barbone, EVP of Mortgage Services for BankUnited. The NMSA meeting also included a legal update presentation from Legal League 100 Chair Roy Diaz, who discussed matters such as the Supreme Court’s recent ruling in the case of Obduskey v. McCarthy & Holthus LLP, which found that businesses engaged in nonjudicial foreclosure proceedings are not considered “debt collectors” under the Fair Debt Collection Practices Act.Iseley told DS News, “NMSA members had a productive meeting with Brian Montgomery, Assistant Secretary of Housing and Urban Development for Housing and Commissioner of the Federal Housing Administration, and his staff, to discuss recommendations to benefit FHA’s Mutual Mortgage Insurance Fund, the industry, and homeowners. The NMSA membership looks forward to continued discussions towards advancing these and other important recommendations.”“Today’s meeting was a productive and important step in continuing to address the challenges facing the industry,” said Ed Delgado, President & CEO of Five Star Global. “We thank HUD and Commissioner Montgomery for their commitment to homeownership and look forward to a continuing dialog in order to best support the needs of the American homeowner.”Thursday’s meeting wrapped up a week of events that began on Tuesday with the 10th annual Five Star Government Forum at the Newseum, where leaders from the mortgage industry engaged in an open dialogue with their government peers, including representatives from HUD, Fannie Mae, Freddie Mac, CFPB, the Department of the Treasury, Ginnie Mae, and FHFA.The Government Forum included a full lineup of presentations, discussion, and education, including keynote addresses from both HUD Secretary Dr. Benjamin Carson and The Hon. Brian D. Montgomery, Acting Deputy Secretary and Assistant Secretary for Housing-Federal Housing Commissioner, HUD. Servicers Navigate the Post-Pandemic World 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post in Daily Dose, Featured, Government, News, Servicing Demand Propels Home Prices Upward 2 days ago About Author: David Wharton FHA FHA Loans HUD NMSA 2019-04-25 David Wharton Subscribelast_img read more

Waters Requests Review of Disparate Impact Rule

first_img Fair Housing Act HUD 2020-09-24 Christina Hughes Babb  Print This Post Waters Requests Review of Disparate Impact Rule in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Following HUD’s announcement of the Department’s final rule on the disparate impact standard under the Fair Housing Act, House Financial Services Committee Chairwoman Maxine Waters (D-California) has called on President Trump and HUD Secretary Dr. Benjamin Carson to reconsider. Suggesting that the new rule could make it more difficult to prove cases of housing discrimination, Waters said in a statement, “Disparate impact claims have been critical to holding industry and private actors accountable for the discriminatory impacts of their policies and practices.”Secretary Carson announced the Department’s final rule on the disparate impact standard on September 10.“The disparate impact standard allows victims of housing discrimination to seek justice in the courts by putting a stop to practices that appear neutral on their face, but that have the impact of discriminating against protected classes of people,” Waters explained.”Disparate impact claims have been critical to holding industry and private actors accountable for the discriminatory impacts of their policies and practices … The new rule shifts the burden of proof from the perpetrators of discrimination onto the victim, making it significantly more difficult for victims of housing discrimination to prevail in court and ultimately making it easier for discriminatory policies and practices to plague our housing markets.”In its public issuance of the “Final Rule” HUD stated that the change “establishes a uniform standard for determining when a housing policy or practice with a discriminatory effect violates the Fair Housing Act and provides greater clarity of the law for individuals, litigants, regulators, and industry professionals.”Carson discussed the change back in July, when it first was recommended.“After reviewing thousands of comments on the proposed changes to the Affirmatively Furthering Fair Housing (AFFH) regulation, we found it to be unworkable and ultimately a waste of time for localities to comply with, too often resulting in funds being steered away from communities that need them most,” he said.Carson said the Trump Administration has established programs such as Opportunity Zones that “are driving billions of dollars of capital into underserved communities where affordable housing exists, but opportunity does not.”Carson stated at the time that “programs like this shift the burden away from communities so they are not forced to comply with complicated regulations that require hundreds of pages of reporting and instead allow communities to focus more of their time working with Opportunity Zone partners to revitalize their communities so upward mobility, improved housing, and home ownership is within reach for more people,” he said.”Washington has no business dictating what is best to meet your local community’s unique needs,” Carson added.You can read Chairwoman Waters’ full statement here. About Author: Christina Hughes Babb Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago September 24, 2020 1,283 Views Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fair Housing Act HUD The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Home / Daily Dose / Waters Requests Review of Disparate Impact Rule Previous: Court Ruling: When Can Banks Foreclose? Next: FHFA Releases Latest Mortgage Relief Numbers Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Bombay HC Says Not Necessary To Pass Orders Against Shiv Cable Sena’s Boycott Call Against Republic TV As It Has No Effect In Law [Read Order]

first_imgTop StoriesBombay HC Says Not Necessary To Pass Orders Against Shiv Cable Sena’s Boycott Call Against Republic TV As It Has No Effect In Law [Read Order] Nitish Kashyap11 Sep 2020 9:41 PMShare This – xThe Bombay High Court on Friday said that it was not necessary to pass any orders to restrain Cable TV operators from stopping the telecast of the Republic TV and Republic Bharat, as the alleged call for boycott made by ‘Shiv Cable Sena’, an affiliate of the major partner of the ruling coalition Shiv Sena, has no “effect in law” as it was not a statutory authority.The Court was hearing a…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?LoginThe Bombay High Court on Friday said that it was not necessary to pass any orders to restrain Cable TV operators from stopping the telecast of the Republic TV and Republic Bharat, as the alleged call for boycott made by ‘Shiv Cable Sena’, an affiliate of the major partner of the ruling coalition Shiv Sena, has no “effect in law” as it was not a statutory authority.The Court was hearing a petition filed by  Republic TV’s parent company ARG Outlier Media Private Limited against Cable Network Operators, for not stopping the broadcast of the TV channels namely Republic TV and Republic TV Bharat after Shiv Cable Sena allegedly sent a threatening letter to various cable network operators to stop airing the petitioner’s channels or face public agitation. A Division Bench of Justices Nitin Jamdar and Milind Jadhav heard the writ petition and observed Shiv Cable Sena is not a statutory authority and the communication issued by it has, therefore, no effect in law. Court noted that as for the intimidating letter written on September 10, the recipient petitioners have “their remedies of approaching law enforcement agencies like any other citizen.” Senior Advocate Nikhil Sakhardande appeared on behalf of the petitioner company and submitted that as regards the dispute between the Cable Network Operators and the petitioners, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) is the appropriate authority. However, as per the notification issued by it, it is not functioning till September 18. Therefore, because of this position, the High Court should entertain the petition and issue necessary directions to the respondents – State and Union of India to ensure smooth broadcast of the TV channels, Adv Sakhardande said. Additional Government Pleader Jyoti Chavan argued that the petitioners’ grievance is against private entities and the writ petition is not an appropriate remedy, and the petitioners can file a Civil Suit, besides the other available statutory remedies. The bench observed- “We have considered the rival contentions. The Respondent No.5 Shiv Cable Sena is not a statutory authority to either supersede the license granted to the Petitioners or to interfere in the contractual/statutory relationship between the Petitioners and the Cable Network Operators. The communication issued by it has, therefore, no effect in law. If the Cable Network Operators breach the contractual/statutory relationship with the Petitioners, the Petitioners have the remedy of approaching the appropriate Authority. The Petitioners have sought a restraint order till the reopening of the Tribunal on the ground that the Cable Network Operators may stop airing the TV channels of the Petitioners pursuant to the communication by the Respondent No.5.” Disposing of the petition, the bench noted- “It is not brought to our notice that any Cable Network Operator has ceased to air the two TV channels as of now. Even if the Cable Network Operators do cease to air the concerned channels, it is not possible for us to presume that it is only because of the communication issued by the Respondent No.5, or for any other reason. As regards the intimidating communications are concerned, the recipients have their remedies of approaching the Law Enforcement Authorities like any other citizen. In these circumstances, we do not deem it necessary to pass any further orders. Clarifying the position as above, the Writ Petition is disposed of.” Click here to download orderRead Order Next Storylast_img read more

Reflections on coaching

first_imgReflections on coachingOn 1 Mar 2002 in Personnel Today Related posts:No related photos. Previous Article Next Article Comments are closed. Autoglass HR director Carol Madeley looks back with satisfaction on thebenefits of management coaching Lucie CarringtonCarol Madeley, HR director at car maintenance firm Autoglass, is a big fanof coaching. Such a fan that she and her training and development manager SimonFitzgerald used executive coaching to support the firm’s 20 regional managersthrough a massive restructure. It was a break from coaching tradition. Business coaching has been developedfor the most senior executives. When firms introduce it lower down themanagement line, it is usually an internal thing with line managers, or othermore senior managers, acting as coaches. As such, it is not very different fromold-style mentoring. But Autoglass decided that its regional managers – some of whom were veryinexperienced – could benefit from the advice, guidance and experience ofexternal coaches just as much as Madeley and her fellow directors had done. Madeley’s personal experience with coaching began five years ago when shemoved into the top personnel job at Autoglass after several years in the retailindustry. “It was a new position in the firm as well as a new job to me. Iwas given the support of a coach to help me make the transition,” shesays. It worked for Madeley, so when Autoglass decided on its managementrestructure two years ago, it seemed an obvious approach to take. The aim ofthe restructure, as is often the case, was to improve customer service. “We took a key decision that the way forward was our mobile business.If the customer insists on coming to us, that’s fine, but we wanted to offer aservice whereby our 1,100 fitters can go out to the customer,” Madeleysays. “To do this we needed to simplify our structures, shortendecision-making lines and improve our communication channels.” As a result, Autoglass removed one layer of management between regions andbranches, put more managers into branches and expanded the role of regionalmanagers. This meant the firm effectively had a new team of regional leaders,and it was these 20 people who were seen as ideal candidates for coaching. “Some of them were relatively inexperienced managers – albeit withgreat potential – in jobs with more responsibility and with a bigger team tomanage,” Madeley says. These expanded regional roles were difficult –managing a lot of people at arm’s length. The average size of a regional teamwas 150 people and fitters could be off in their vans for a couple of days andrarely touch base with their managers. Autoglass already had management development programmes. “But thisexisting training was not going to support these people in their newjobs,” she says. Autoglass was also anxious to cater for the individualneeds of managers – a tailored programme could have resulted in a simplesheep-dip approach. “So we decided to extend the concept of professionalcoaching,” she adds. The aim of the coaching sessions was to help individual managers set somestretching, but realistic, targets. Madeley is at pains to point out this wasnot about taking responsibility for performance away from senior line managersat Autoglass – they still had a big role to play in bedding down the newstructure. Rather, it was about providing extra support in the early months. “The guidance of a coach was really important given that a significantnumber of managers in the new teams are home-grown and have little externalexperience,” Madeley says. Madeley and Fitzgerald decided to use a variety of suppliers rather thantake on one organisation. It gave them a wider choice when it came to findingthe right coaches for the right managers. The result was a range of coachesfrom large and smaller coaching firms. The job of putting the right peopletogether fell to Fitzgerald who, Madeley says, acted something like a marriage broker.It was a big job – coaches had to be found for 20 managers based all overthe country. And the system had to be in place soon after the restructure.”We wanted coaches to work side by side with individuals as they got togrips with their new roles,” Madeley says. But it was not to be an open-ended commitment. Autoglass wanted to providethree or four face-to-face sessions over three months. These lasted about halfa day, with telephone contact in between if participants needed it. “Ouraim was to help people deliver on quite demanding targets. An open-endedcommitment would not have been suitable,” Madeley says. If Autoglass was not offering to fund unlimited coaching for its regionalmanagers, nor was it insisting that unwilling regional managers attend coachingsessions. Madeley and Fitzgerald were clear that to work, the scheme had to bevoluntary. “We were careful to position this as something that was there for themif they wanted it, and no-one was going to force them to take part,’ Madeley says,but she admits there was some scepticism. There were several reasons for this.To start with, there was the shock surrounding decisions taken about therestructure: many of these people had been expecting redundancy rather thanwhat amounted to promotion. In addition there was the feeling that coaching was for people who weren’tperforming well rather than about getting more out of people with potential.Madeley points out that the new regional managers were a very mixed bag. Aswell as the relatively young and inexperienced, there were old hands with 10 to15 years of management experience in Autoglass. It was perhaps inevitable thatsome felt they didn’t need business coaching. Few regional managers really knew what it was about. Autoglass also runs atype of mentoring scheme where senior managers buddy up with managers furtherdown the line. Madeley has a buddy too, who happened to be from the regionalteam. “He was shocked when he discovered that I too had a businesscoach,” she says. When push came to shove, only one out of the 20 regional managers offeredbusiness coaching turned it down. By the end of the three months the rest ofthe regional management team were converts. So much so that a significantnumber decided if the company was not going to continue funding it, they wouldpay for the coaching sessions themselves. Judging by managers’ appraisal results, it had also had a direct effect ontheir performance. “Most of them have probably fulfilled their potentialquicker than we expected,” Madeley says. These are not the only measures of success that Madeley likes to draw on.The whole programme cost about £30,000 and 18 months later she is convinced ithas had a significant impact on the firm’s business results. “Things started to improve in 2000, but this year we are now on targetfor our best year yet. Our financial results are looking positive and we scoredour greatest staff satisfaction last summer with particularly good feedback onmanagers,” Madeley says. Furthermore, early results from customer satisfaction research suggest arecord for Autoglass here too. “I am personally convinced that the coaching support we gave has been akey ingredient of that success,” Madeley says. “It’s not justbusiness results that have gone up, our results have increased in allareas.” Madeley is set to capitalise on the success of the coaching programme – sheis sure it could be used in some way to raise the game for some Autoglass branches.She and Fitzgerald have several initiatives in the pipeline. To start with, they want to introduce external coaching for other seniormanagers. “We can’t afford to do it for all 40 of the senior team, but wecan do it for those who are involved in special projects, who are perhapsoperating outside their comfort zone,” Madeley says. She also wants to build up the coaching skills of other managers. Existingmanagement development includes training managers in some of the skills andtechniques they need to coach their teams and there are some intensive coachingworkshops for senior managers. Now Madeley is planning a more in-depth programme for between six and 10managers who are genuinely interested in coaching. It would have seriousimplications for the jobs that these managers do now, but it would provideAutoglass with a pool of trained business coaches. For all her enthusiasm for business coaching, Madeley has one proviso forall coaching relationships within the firm from the board down, and that isthey must be time limited. “Individual relationships shouldn’t last for more than six months. Ifat the end of that there is a case for continuing it, then let’s make thatcase. But there has to be an end point,” she says. But her final words on coaching are positive: “Moving Autoglass from Ato B was so important, and if coaching can work for executives then it can workfurther down the line too.” A shining example1997 to now HR director, Autoglass1988-96 Personnel and training controller, and HR managerStorehouse and Sears1985-88 Personnel manager and compensation and benefitsspecialist Rank Xerox 1980-85 Various roles, Fordlast_img read more

Maersk Drilling secures one-well contract for low-emission rig from OMV

first_img Maersk Drilling secures one-well contract for low-emission rig from OMV. (Credit: MAERSK DRILLING) Maersk Drilling has been awarded a one-well contract from OMV (Norge) AS for the low-emission jack-up rig Maersk Integrator. In direct continuation of its previously announced work scope, the rig will drill one exploration well in the Ommadawn prospect in PL 970 offshore Norway. The contract is expected to commence in mid-2021, with an estimated duration of 52 days. The firm contract value is approximately USD 14.3m, including mobilisation, but excluding integrated services provided and potential performance bonuses. The contract further includes an option to add approximately 28 days of well testing.Maersk Integrator is currently undergoing a series of upgrades to combine the use of hybrid power with low levels of NOx emissions, adding data intelligence to further reduce energy consumption and CO2 emissions. The performance bonus schemes included in the contract with OMV are based on rewarding reduced fuel consumption and reduced NOx emissions during the drilling operations.“We’re pleased to add this additional work scope for Maersk Integrator in 2021, and to enter into a new type of collaborative contractual set-up with OMV where we will focus on aligning incentives in the planning and execution of the drilling operation which again is expected to significantly reduce the uncertainty about overall well construction costs for our customer. We believe this kind of commercial model has the potential to increase exploration drilling activity in Norway and across the North Sea. The contract further shows the commercial value of our low-emission upgrades. By reducing fuel consumption, CO2 emissions and NOx emissions we are not only making contributions towards reaching emission targets, but also create value for our customer under the incentive schemes established in Norway,” says COO Morten Kelstrup of Maersk Drilling.Maersk Integrator is an ultra-harsh environment CJ70 XLE jack-up rig, designed for year-round operations in the North Sea. It was delivered in 2015 and is currently operating offshore Norway. Source: Company Press Release Maersk Integrator is currently undergoing a series of upgrades to combine the use of hybrid power with low levels of NOx emissionslast_img read more

Countrywide teams up with NAEA to increase membership levels

first_imgHome » News » Associations & Bodies » Countrywide teams up with NAEA to increase membership levels previous nextAssociations & BodiesCountrywide teams up with NAEA to increase membership levelsCountrywide and the National Association of Estate Agents have announced the first national membership partnership.PROPERTYdrum1st July 20150738 Views Countrywide plc and the National Association of Estate Agents (NAEA) have announced a new landmark partnership which will see Countrywide’s customer facing estate agents invited to become members of the NAEA.The agreement makes Countrywide the first national estate agency network to officially adopt such an undertaking, offering employees the opportunity of high level training alongside their nationally recognised qualifications.The move is sure to gain the approval of many leading qualified trainers, including Tony Lynch (left), a coach at Keep Thinking Big.He points out that estate agents are no different to any other profession when it comes to the need to update skills and techniques.He commented: “We all need ongoing training in order to become better tomorrow than we are today.”He highlights various skills, such as listening, connecting and becoming a ‘master’ at questions that unlock the doors of opportunity as all being learnable skills, as being “imperative for the successful estate agent”.Lynch also pointed to “attitude” as a key component when it comes to training and learning.“If a team understands the importance of training and have a hunger for becoming the best they can be, then the ingredients are set for a huge return on investments,” he added.Countrywide plc includes the largest estate agency and lettings network and operates more than 1,300 associated offices across the UK, through well-known high street brands such as Bairstow Eves, Fulfords, Dixons and Taylors.This major step to ensure employees are NAEA members may help to reassure more customers that the sales agents they deal with adhere to high professional standards and belong to reputable, recognised and regulated professional body.Alison Platt (right), Group Chief Executive, Countrywide plc, said, “As the UK’s largest residential property services company, representing 48 estate agency brands and 1,300 offices, this partnership with the NAEA is very significant and another step in raising professional standards within the sector. Working with AgencyPro, our City & Guilds accredited learning centre, we will roll out this programme of bringing new members into the NAEA, building on the strong skills that we already have within the business and also attracting new talent to learn and develop with us.”Countrywide employees will also benefit from a large number of member benefits, including access to training and continuing professional development, regular updates on regulation and policy changes.Mark Hayward (left), Managing Director, NAEA, said, “This really is a major milestone for the sector and demonstrates foresight from Countrywide in terms of offering real benefits for their employees as well as guaranteeing customers that all staff are recognised as belonging to a nationally recognised regulated body. Importantly, in the time when housing remains high on both the media and political agenda, it allows Countrywide to contribute to the debate and influence key issues that are impacting the sector via our stakeholder and political outreach. We look forward to welcoming Countrywide staff into our membership and hope this will serve as a catalyst to other national chains to adopt similar practices.”Mark Hayward membership levels Keep Thinking Big NAEA Alison Platt Countrywide Tony Lynch July 1, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

A Huey Lewis And The News Stage Musical Is Officially In The Works [Video]

first_imgPop-rock hitmakers Huey Lewis and the News have Broadway in their sights: As Rolling Stone reports, The band’s music will anchor a brand new stage musical called Heart of Rock and Roll.Huey Lewis announced the new jukebox musical project via a short video that also features an amusing cameo from late-night talk show host Jimmy Kimmel (whom he’s notably come in contact with before). In the clip, Kimmel confidently announces that he will be quitting his job to “star in the as Huey Lewis in a new musical.” As Lewis responds, the show was not about himself, but rather an original, fictional narrative based on his music, so Kimmel can’t play him.“The power of love is a curious thing, Huey,” responds Kimmel in a nod to the band’s 1985 hit, “Makes one man weep – and that man’s gonna be me right now.” You can watch the video below:[Video via Rolling Stone]Heart of Rock and Roll will feature many of Huey Lewis and the News’ most well-known tracks, including “Hip to Be Square”, “If This Is It”, and “The Power of Love”. The show will be directed by Gordon Greenberg, with a book by Jonathan Abrams based on an original story he crafted in collaboration with Tyler Mitchell.A synopsis of the new Huey Lewis and the News musical, Heart of Rock and Roll, has yet to be released. Huey Lewis has also not announced the release date or production schedule, so it’s safe to assume the project is in its early stages. However, the excitement has most definitely begun, and with so many ultra-catchy tunes and widely applicable themes in Huey Lewis and the News’ catalog, the possibilities for this project are wide open. After all, where does the mantra “It’s Hip To Be Square” ring truer than the theatre?[H/T – Rolling Stone][Cover image screenshot via Rolling Stone]last_img read more