Call Congress, oppose gun loopholes

first_imgDear Editor:Over the coming weeks, PACs, special interest groups, and members of Congress will be pushing two innocuously named pieces of legislation from their agenda: HR 2406, Concealed Carry Reciprocity (CCR), and HR 38, the SHARE Act. These bills would maintain loopholes that circumvent the background checks required to buy silencers, and allow people to publicly carry concealed weapons in any state, as long as their home states’ laws would allow it.Many will say that to discuss gun safety legislation right now is opportunist, given the massacre in Las Vegas. We disagree. The horrific truth is that we’ve seen this before. We’ve seen this eight times this year alone. Innocent people have been killed in one of the grisliest ways imaginable, and “thoughts and prayers” are not enough. But when it comes time to do something concrete, to make sure Americans can go to concerts, and movies, and kids can go to school, the gun lobby says that would be taking advantage of the situation. We can discuss these issues academically and ideologically, but the fact is Americans are dying.It is our right and our patriotic duty to those killed and those we can still save to make sure our laws don’t empower people who put Americans in their crosshairs. Please, call your members of Congress and ask them to vote “No” on the upcoming silencer and CCR legislation. We can and will do better. Emily Ball Jabbour, HobokenEytan Stern Weber, Jersey CityMembers of Hudson County Chapter, Moms Demand Action for Gun Sense in Americalast_img read more

​Swedish pension firms plead for more time for IORP II implementation

first_imgSwedish pension providers want more time to adapt to new rules resulting from the EU’s IORP II directive, according to responses to a government proposal.Insurance Sweden (Svensk Försäkring), which counts the country’s main pension providers as its members, said the transitional rules that are to apply following the 1 May deadline for implementation next year should remain applicable for three years, not just the two months envisaged in the draft.“In order for insurance companies to be able to make decisions and gain knowledge of more detailed business conditions, Swedish insurance requires the transitional rules to be extended for occupational pension providers up to and including 2022,” the association said.As well as this, it said the government could consider putting the new rules into effect slightly later than 1 May “in order to ensure that the regulation is appropriate”. The Swedish occupational pension fund association, Tjänstepensionsförbundet, also called for the transitional rules to remain in force until the end of 2022.“The time pressure risks leading to less rational solutions as well as unnecessarily high adjustment costs,” the association said.Insurers split on definitions, solvency rulesHowever, there were differences of opinion on the draft regulation among the members of Insurance Sweden. The association said it did not have a unified position to put forward relating to some basic questions to do with the draft law.“It concerns whether or not the activity of the occupational pension companies is considered to be an insurance business, and some proposals go beyond what is required to implement IORP II,” Insurance Sweden said, referring to this as  “gold-plating”.Separate responses to the consultation were presented by Insurance Sweden members AMF, Alecta, and others.The new draft rules go beyond the IORP II directive to include a tougher set of solvency rules. These include a risk-sensitive capital requirement, in line with the requirement in the Swedish Financial Supervisory Authority’s ‘traffic light’ funding model.The new rules also stated that providers of occupational pensions in Sweden should be able to change their pensions business into a new type of company.Providers – including insurance companies, workplace pension savings institutions or friendly societies (tjänstepensionskassor) – could be converted into a new type of entity, known as an occupational pension company, or tjänstepensionsföretag, under certain conditions.Sweden’s government closed its consultation on local implementation of the IORP II directive on Friday.last_img read more

U-17 AFCON: Zenith Bank Salutes Gallant Eaglets

first_imgGolden Eaglets Despite losing to Guinea in the semifinal of the ongoing CAF U-17 Africa Nations Cup, the Golden Eaglets have been commended for giving a good account of themselves and the country.Eaglets and the Guineans ended the full time score at 0-0 but lost 10-9 in the energy sapping penalty shoot out.The team is however among the four representing Africa at the FIFA U-17 World Cup slated for Brazil later in the year. Others are Angola, Guinea and Cameroon. Officials of the bank, sponsors of the Delta State Principals’ Cup and the NFF Future Eagles project for U-13s and U-15, spoke to the players and officials in Tanzania yesterday.Eaglets’ camp source said that Zenith Bank expressed delight over the fighting spirit of the team.“Zenith Bank is proud of the players because they are quite young and will improve in the weeks ahead. They gave their all but were unlucky to have lost to Guinea,” the source said.The bank produced seven of the players currently in Tanzania for the cadet competition and that informed its strong attachment with current Manu Garba team.“The players were not only commended for picking the ticket to World Cup, they were charged to win the Third place match and prepare to conquer the World again in Brazil. It is not strange to the team as former champions,” the source added.The Eaglets will play Angola on Saturday in the Third Place playoffs of the continental competition while Cameroon and Guinea will clash in the final on Sunday.Nigeria has won the U-17 AFCON just twice and champions of the world five times.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more