Victims who qualify for the National Probation Service (NPS) statutory Victim Contact Scheme have the right to make representations about licence conditions that relate to them. They must be informed about relevant conditions that are included in the offender’s licence. This is a statutory right, detailed in section 35 of the Domestic Violence, Crime and Victims Act 2004 (2004 Act). Prison Service Instructions 12/2015: LICENCE CONDITIONS, LICENCES AND LICENCE AND SUPERVISION NOTICES In cases where the victim does not qualify for statutory contact, but where NPS has used discretion to provide them with the Scheme, the victim receives largely the same level of service as those with a statutory entitlement, and will be able to make representations about licence conditions. However, not all victims provided with the Scheme on a discretionary basis will be eligible to make a Victim Personal StatementWhere the Parole Board has not agreed to licence conditions requested by a victim, or issued an amended version of the request, the Parole Board will explain why it has not done so in its decision. This should include reference to the principles of the request being necessary and proportionate.This information will be passed on to the victim by their Victim Liaison Officer. This is a requirement set out in the Code of Practice.Application to vary a Licence ConditionCommunity Offender Managers (COM) within the NPS can apply to the Parole Board to vary or add conditions to the licence of an offender once a release decision has been made.Victims can request to vary or add licence conditions. Any request will be via their VLO for those in the Victim Contact Scheme. The VLO will then pass it on to the COM to make the request.Offenders can request for their licence to be varied or for conditions to be removed but must do so through their COM. COMs will initially consider such requests and decide whether the condition (or variation) is necessary to manage the offender’s risk.All variation requests will be considered by the COM and then sent to the Public Protection Casework Section (PPCS) to submit to the Parole Board on behalf of the Secretary of State.What will be considered in a licence variation request:The Parole Board member who chaired the case (either as a Paper Hearing or Oral Hearing), or a Parole Board duty member, will make the decision on a licence variation request.To make this decision they will look at: The dossier for the offender (provided by PPCS); the Parole Board’s decision to release; a report from the Community Offender Manager (COM) setting out in detail why the request to vary or revoke conditions has been submitted. What are licence conditions?Licence conditions are the set of rules prisoners must follow if they are released from prison but still have a part of their sentence to serve in the community.The aim of a period on licence is to protect the public, to prevent re-offending, and to secure the successful reintegration of the individual back into the community. They are not a form of punishment and must be proportionate, reasonable and necessary.If a prisoner is released by the Parole Board, the licence conditions will be suggested proposed by the Community Offender Manager (COM) but will be agreed by the Parole Board. In some cases, the final decision will be for the Secretary of State to make.Victims and Licence Conditions The basic rule is to ensure that the requested changes are necessary and proportionate and do not result in any increase of risk to the public. They should also be manageable.There will need to be sufficient evidence that risk can be effectively managed if the licence condition is varied or removed and the Parole Board Panel can ask for more information if necessary. A decision on the licence variation request will then be sent to all parties.Standard Licence ConditionsEvery release decision will contain a standard set of licence conditions, which are as follows: These additional licence conditions need to be specifically asked for by the COM and the Parole Board will decide whether they are necessary and proportionate.Recall of Prisoners on LicenceAn offender can have their licence revoked and be recalled to custody at any time during their licence period.Where the National Probation Service (NPS) considers an offender has breached the conditions of their licence, the offender’s behaviour indicates that they present an increased or unmanageable risk of serious harm (RoSH ) to the public, or there is an imminent risk of further offences being committed, the NPS will request that the offender be recalled.When considering the recall of offenders subject to an indeterminate or extended determinate sentence licence, the NPS must demonstrate a “causal link” in the current behaviour that was exhibited at the time of the index offence.One of the following criteria must be met when assessing whether to request the recall of these offenders:i. Exhibits behaviour similar to behaviour surrounding the circumstances of the index offence;ii. Exhibits behaviour likely to give rise (or does give rise) to a sexual or violent offence;iii. Exhibits behaviour associated with the commission of a sexual or violent offence; oriv. Is out of touch with the COM and the assumption can be made that any of (i) to (iii) may arise.It is the PPCS acting on behalf of the Secretary of State, that will make the final decision about recall. The Parole Board is not involved in the recall of an offender.However, the Parole Board will be asked to consider the re-release of all indeterminate sentence recalled prisoners, and determinate sentence recalled prisoners that have not been re-released automatically, or through Executive Powers, by the Secretary of State.Termination of Licence for an Offender serving an Imprisonment for Public Protection (IPP) or Detention for Public Protection (DPP) sentenceAn offender sentenced to Imprisonment for Public Protection (IPP) or Detention for Public Protection (DPP) has the right, under section 31A of the Crime (Sentences) Act 1997 to apply for consideration to be given to terminating their licence 10 years after their initial release, regardless of whether they have subsequently been recalled and re-released.It is only the Parole Board that can terminate an IPP or DPP licence. Rule 31 of the Parole Board Rules 2019 deals explicitly with termination of these licences.Any applications for termination of an IPP or DPP licence should be made by the offender themselves, either to the Parole Board directly, or via their Community Offender Manager (COM).To apply directly to the Parole Board, an offender can send an email to [email protected] asking us to commence an IPP licence termination review and provide their name and prison number.It should be noted that the quickest way to apply for the licence termination is via the COM, however if the offender wishes to make a request directly to the Board then do so through the above email address.Where an application is received by the Parole Board directly from the offender the Parole Board will notify PPCS via a standard direction and provide a copy of the application and the offender’s contact details. PPCS will then notify the COM, who will prepare a report to add to the dossier of information that the Parole Board will need in order to consider the application.When the Parole Board receives the dossier of information it will carry out a risk assessment to establish if the licence can be terminated or if it is still required to protect the public. The Parole Board can make one of the following decisions:(a) terminate the offender’s licence (b) amend the offender’s licence (c) refuse the applicationOnce an IPP or DPP licence has been terminated, the offender will not be subject to recall on that licence, and unlike the suspension of supervision (which is a separate process), all of the licence conditions related to that licence are terminated and may not be re-imposed.If a request is refused a further application can be made after 12 months.More detailed informationFor more detailed information on licence conditions and licences, here are some useful links:HMPPS Generic Parole Process Policy Framework 27 January 2020 residence at a specified place; restriction of residency; making or maintaining contact with a person; participation in, or co-operation with, a programme or set of activities; possession, ownership, control or inspection of specified items or documents; disclosure of information; curfew arrangement; freedom of movement; supervision in the community by the supervising officer, or other responsible officer, or organisation. An offender must:(a) be of good behaviour and not behave in a way which undermines the purpose of the licence period;(b) not commit any offence;(c) keep in touch with the supervising officer in accordance with instructions given by the supervising officer;(d) receive visits from the supervising officer in accordance with instructions given by the supervising officer;(e) reside permanently at an address approved by the supervising officer and obtain the prior permission of the supervising officer for any stay of one or more nights at a different address;(f) not undertake work, or a particular type of work, unless it is approved by the supervising officer and notify the supervising officer in advance of any proposal to undertake work or a particular type of work;(g) not travel outside the United Kingdom, the Channel Islands or the Isle of Man except with the prior permission of your supervising officer or for the purposes of immigration deportation or removal.The Supervising Officer is the Community Offender Manager (COM). Additional Licence ConditionsLicences may also include additional conditions, for example, exclusion zones or non-contact restrictions.These additional licence conditions come under the following categories: Managing parole eligible offenders on licence policy framework 11 November 2020
Offset RiskAnother highly attractive benefit of loan participation programs is the fact that credit risk is shared with the primary lender originating the loans, and other participants within a given pool of loans. While originating lenders can benefit by serving more borrowers, expanding direct lending, and managing liquidity without exceeding their desired lending thresholds, participating financial institutions benefit by diversifying their portfolio and sourcing lending opportunities unavailable on a direct basis, while participating only in a portion of the risk. Buying and selling loan participations across multiple asset types offers the following benefits related to risk mitigation:Sharing credit risks with a set of geographically and structurally diverse lendersMitigating exposure from short-term and long-term interest rate risksCapitalizing on opportunities to mitigate losses by leveraging larger scale underwriters and servicers managing portfolios offered to the secondary marketThe diverse origination channels and innovative fulfillment platforms delivering loan participation opportunities to credit unions today present one of the most effective strategies to manage liquidity concerns, generate interest and non-interest income, and diversify the risk profile of their portfolios. “The appeal is simple,” reports Marc Rapport in a recent article on CreditUnions.com. “Participation loans allow lenders to partner with other lenders to reduce risk exposure and increase profits.”3Reach out to your Allied Solutions sales representative or contact us through our website to learn more about Allied Solutions’ loan participation programs, which offer a diverse mix of options to help you meet your growth goals.Click here to join our monthly e-newsletter mailing list and receive exclusive access to educational resources, such as our latest whitepaper: Credit Union Growth Strategies to Remain Competitive Beyond the Pandemic. According to the NCUA, “A properly managed and risk-focused loan participation program can increase asset yields, improve earnings, generate additional loan growth, reduce risk by diversifying the loan portfolio and assist with balance sheet management.”1 Historically, loan participation has been a growth strategy reserved for larger financial institutions with elaborate loan origination channels and staff with capital markets expertise. Luckily for credit unions, those days and barriers to entry are finally coming to an end. Due to the emergence of fintech origination channels and intuitive technology platforms, credit unions of all shapes and sizes now have the opportunity to supplement their organic growth and more effectively manage their balance sheets by incorporating loan participations into their long-term growth strategy.Loan Participation Strategy, Then and NowAs defined by the FDIC: A loan participation is an arrangement under which a lender originates a loan to a borrower and then sells a portion of that loan to one or more other financial institutions. The originating lender retains a partial interest in the loan, holds all loan documentation in its own name, services the loan, and deals directly with the consumer for the benefit of all participants.2 Historically, most participation transactions completed by credit unions were just that – one-time transactions. A typical deal involved a localized commercial loan, a few local participants, and limited third-party assistance. While still beneficial if done correctly, the process of completing these transactions is long, manual, and cumbersome. They also add an element of risk and complexity for inexperienced participants. In recent years, due to the new origination channels and technology mentioned above, credit union loan participations have made a shift from localized commercial loans to more geographically diverse commercial and consumer loans, offered through digital platforms and third-party programs. This shift allows credit unions to build a more comprehensive, long-term strategy that considers access to recurring volume, asset diversification, and streamlined transactions. Examples of these programs include:Student loan participation programs: A customizable education lending platform that offers the opportunity to build lifetime relationships with young consumers.Home improvement participation loans: Digital loan offers that capitalize on market trends to drive recurring, low-risk loan volume.Home equity participation lending: Piggyback loans offered to super-prime borrowers as an alternative to jumbo mortgage financing to pull in above-average yields with low credit risk.Personal unsecured participation loans: A fintech platform that drives creditworthy consumers to shorter-term, personal loan options. Benefits of Loan ParticipationAs credit unions experience decreased loan production in the wake of an economy attempting to recover from the coronavirus pandemic, there is a pressing need to implement more dynamic, flexible lending strategies that are outside of a credit union’s traditional business model. As the pandemic has rapidly accelerated the digitization of financial services, an increasing number of borrowers are shopping outside of their primary financial institutions to find the loans that fit their specific needs (i.e. loan amount, type, and terms). Expand LendingToday, incorporating loan participations into the credit union’s growth strategy is as important as ever, as they offer an opportunity to re-capture a share of lost loan production, now and beyond the pandemic, while not compounding already-heightened risk concerns that may be associated with the credit union’s field of membership or geographical region.Diversifying and expanding lending through participations can result in the following value-adds:Gaining access to an alternative lender’s unique credit appetite and consumer base, while keeping your lending criteria in placeInvesting in pools of loans without taking on servicing burdens and origination overheadEnhancing your traditional asset strategies to attract a wider range of borrowers and asset typesAddressing the lending needs of more diverse consumers outside of your core consumer base Testing unfamiliar loan and borrower types to evaluate performance before offering directlyCapitalizing on opportunities beyond the geographical limitations of your field of membershipResponding to COVID-19 consumer trends and needs with more dynamic, flexible loan growth options Elevating your brand visibility and digital footprint by accessing lead lenders’ top-notch technology and service solutionsReducing overhead costs associated with direct lending, i.e. personnel, office space, and technology 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jarrett Settles Jarrett brings expertise in Technology-Driven Loan and Deposit Growth Strategies, Digital Transformation, and Data Strategy for Financial Institutions.Consumer lending/deposit, UX / Digital Efficiency, Fintech/Insurtech/innovation, Generational divides in … Web: www.alliedsolutions.net Details
La Administración Wolf anuncia más de $8 millones de dólares en fondos para apoyar proyectos de agua y alcantarillado en 22 condados August 19, 2020 SHARE Email Facebook Twitter Economy, Español, Infrastructure, Press Release En el día de la fecha, el Gobernador Tom Wolf anunció la aprobación de más de $8 millones de dólares en fondos para apoyar el control de inundaciones según el Programa H2O PA, represas de alto riesgo y proyectos de agua, alcantarillado sanitario y aguas pluviales a través de la Autoridad de Financiamiento del Estado (CFA, por sus siglas en inglés).“Las inversiones en nuestros sistemas de agua y alcantarillado preservan la infraestructura de Pennsylvania y la salud de nuestras comunidades”, dijo el Gobernador Wolf. “Mi administración está comprometida con la salud y la seguridad de los residentes de todos los rincones del estado, y los fondos aprobados ayer beneficiarán a las comunidades durante los próximos años”.El programa H2O PA aporta subvenciones de un año y varios años para la construcción de proyectos de agua potable, alcantarillado sanitario y alcantarillado pluvial; la construcción o la renovación de proyectos de control de inundaciones; y la reparación o la rehabilitación de represas inseguras que representan un alto riesgo.Los proyectos H2O PA aprobados durante la reunión de la CFA son:Control de inundacionesEl proyecto de mantenimiento de Turtle Creek en el condado de Allegheny recibió la aprobación de $100,000 dólares para remover sedimentos y limpiar la vegetación en la orilla de Turtle Creek. Este proyecto restaurará el nivel de diseño de protección contra inundaciones y protegerá las vidas y las propiedades de los residentes del área de Turtle Creek Watershed.El proyecto de rehabilitación del arroyo Sandy Lick Creek de la ciudad de Dubois en el condado de Clearfield recibió la aprobación de $710,000 dólares para restaurar el terraplén, remover la grava y realizar ingeniería.El proyecto de protección y control de inundaciones en el área de la localidad de Clarks Summit Watershed en el condado de Lackawanna recibió la aprobación de $200,000 dólares para implementar la restauración de arroyos urbanos, reconstruir el lecho del arroyo, reforzar partes del lecho del arroyo con protecciones de roca y vegetación natural, y construir represas de piedra y piscinas naturales. Este proyecto también recuperará la sección transversal hidráulica y la alineación de este corredor.El proyecto de la represa de estanques de hielo del municipio de Rice en el condado de Luzerne recibió la aprobación de $508,833 dólares para drenar el lago según las especificaciones de la Comisión de Pesca y Barcos de Pennsylvania, instalar una ataguía hermética, drenar el agua de lago restante entre la ataguía y el desagüe, hacer un agujero de 24 pulgadas de diámetro a través la base de la represa, instalar una manga de metal y una compuerta de válvula, aprobar todas las inspecciones de ingeniería y del Departamento de Protección Ambiental, volver a llenar el lago, colocar la ataguía en su lugar, limpiar el desagüe y obtener la certificación de que la represa cumple con la ley de Pennsylvania.El proyecto de rehabilitación del control de mitigación de inundaciones de fase II de la localidad de Dupont en el condado de Luzerne recibió la aprobación de $507,926 para reparar juntas de concreto, reparar las secciones que así lo necesiten y para realizar el mantenimiento para evitar el levantamiento de áreas de concreto, la erosión debido al agua por debajo de las losas de concreto, reparar el concreto deteriorado en los muros para reducir olas, las juntas defectuosas y la falta de lechada en las juntas. Los fondos se utilizarán para apoyar la construcción, la ingeniería y tramitar los permisos.Los fondos totales para estos proyectos son de poco más de $2 millones de dólares.Represas de alto riesgoEl proyecto de modificación de la represa inferior de la ciudad de Reading Egleman en el condado de Berks recibió la aprobación de $350,000 dólares para reducir la elevación de la represa en cuatro pies y elevar el fondo del estanque de cuatro a cinco pies para crear una profundidad del agua de tres a cuatro pies, que es la profundidad necesaria para el crecimiento de las percas. También se modificará el desagüe principal para regular el nivel medio del agua. La superficie total de agua del estanque se reducirá en un 25%. El propósito de las modificaciones es reducir la clasificación de represa de alto riesgo a represa de bajo riesgo.Agua, alcantarillado y tormentaLos 47 proyectos aprobados incluyen mejoras para las aguas pluviales y el alcantarillado, mejoras en las plantas de tratamiento de aguas residuales, mejoras en las aguas pluviales de las calles, reemplazos de las líneas de alcantarillado sanitario y más mejoras en 22 condados de todo el estado.Acceda a una lista completa de proyectos de H2O.Para obtener más información sobre el DCED y la CFA, visite dced.pa.gov.View this information in English.
Depending on which period is used as a basis for the calculations, 1.25% could be a maximum, or a realistic, rate.This is, however, merely the minimum interest that must be guaranteed on mandatory assets of active members, while Pensionskassen are free to pay out more.In 2014, the actual interest paid out on members’ assets stood at 2.3% on average, up from 2% the year before and just under 2% in 2012, while the legal minimum rate has fallen continually in recent years.A recent study by PPCmetrics (in German) shows that just over half of all Pensionskasse surveyed paid out an interest rate of 1.5-2%. One-quarter had a rate higher than 2.5%, while approximately 7% fell below the 1.5% threshold.The Swiss consultancy based its research on the balance sheets of 260 Pensionskassen, with combined assets of CHF565bn (€461bn), with approximately CHF200bn attributable to public pension funds. The PPCmetrics study, unlike most others on the technical parameters for Swiss Pensionskassen, was based not on surveys but reported figures.The consultancy said this made its figures more comparable.According to the research, the so-called ‘technische Zins’ – the discount rate applied – has decreased by less than the average return from bond holdings, particularly in public pension funds.This means the average risk-adjusted funding ratio, a benchmark figure devised by PPCmetrics, has deteriorated from just over 101% in 2013 to 99.7% last year. Switzerland’s BVG Kommission, responsible for amending technical parameters within the second-pillar pension system, has proposed cutting the minimum interest rate for Pensionskassen from 1.75% to 1.25%.The news means Pensionskassen, from January 2016, look set to employ the 1.25% rate when guaranteeing members’ assets, as the Swiss government has to date followed all of the commission’s recommendations.In a statement, the BVG noted that, in its final vote, the majority of commission members supported the 1.25% rate, as opposed to the more radical 1% rate. The minimum interest rate, which must be applied to all mandatory contributions made to the second pillar, is based on the returns from Swiss government bonds.