Tag: 南京 新茶 微信

Streamlining Banking Processes

first_img in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago Related Articles Tagged with: Banks Financial Services Committee FSOC House of Representatives Lending nonbanks SIFI Stress Test April 12, 2018 1,659 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Home / Daily Dose / Streamlining Banking Processes The House of Representatives recently passed two bipartisan bills that are aimed at streamlining processes for financial institutions across the country. While H.R. 4293, the Stress Test Improvement Act of 2017, looks to improve the efficiencies of the current stress test requirements for banks, H.R. 4061, The Financial Stability Oversight Council (FSOC) Improvement Act of 2017 looks at reforms for the designation process for nonbanks.Both the bills will now head to the Senate for a vote. “At the end of the day, it’s not really the banks that are the subject of these regulations. At the end of the day, it’s their customers,” said Financial Services Committee Chairman, Senator Jeb Hensarling of Texas. “What the Financial Services Committee and this House have to do is ensure that there is affordable and available credit to help fund people’s American dreams. That’s what these important bipartisan bills will help achieve.”The FSOC Improvement Act, which was passed by a vote of 297-121, aims to reform the FSOC designation process to enhance the transparency and procedural fairness of the nonbank systemically important financial institutions (SIFI) designation process. According to this bill, while the FSOC will retain the power to make a determination regarding any nonbank financial company, the bill would afford affected institutions a greater opportunity to be heard by the functional regulator and modify its business, structure, or operations prior to the designation.“Today’s vote on H.R. 4061 is a critical step toward providing the FSOC with additional ways to address potential risks to the financial system, while also making the systemically important financial institution (SIFI) process more accountable and transparent,” said Paul Schott Stevens, President and CEO of Investment Company Institute (ICI). “This legislation would enhance the FSOC’s ability to reduce systemic risk and ensure that nonbank SIFI designations are reserved for limited cases when identified risks to financial stability cannot be addressed more effectively by an entity’s primary regulator or action by the entity itself.”The Stress Test Improvement Act, which was passed by a vote of 245-174, would streamline the current regime for stress testing banks and make the company-run stress test an annual exercise. It would reduce the number of supervisory scenarios from three to two and allow institutions to determine if they have sufficient capital to absorb losses and support the operations during the harshest economic conditions.This bill would also limit the ability of the Federal Reserve to object to a company’s capital plan based solely on qualitative deficiencies.“Stress tests are an important regulatory tool that have much improved the safety of our financial system,” said Senator Maxine Waters of California while opposing the passage of the bill. “When we crafted Dodd-Frank, we mandated these stress tests and put in place other enhanced prudential guardrails for large banks to not only prevent damage to our economy but also help grow our economy. And they are working. But H.R. 4293 weakens the rigor and frequency of those stress tests, a move that simply makes no sense.”  Print This Post The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Radhika Ojhacenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Streamlining Banking Processes Servicers Navigate the Post-Pandemic World 2 days ago Previous: HUD & DOJ Partner Against Sexual Harassment in Housing Next: Rising Rates, Squeezed Supply Have Housing Industry’s Attention Banks Financial Services Committee FSOC House of Representatives Lending nonbanks SIFI Stress Test 2018-04-12 Radhika Ojha Subscribelast_img read more


May 31, 2021 0

Call to crisis

first_img Comments are closed. Related posts:No related photos. The Ladbroke Grove train disaster put one Sainsbury’s trauma programme tothe test, with the onus placed on counselling for its staff who had been firston the scene of the appalling crash.  ByOlivia Walpole The ink was barely dry on the new occupational health trauma care programmewhen staff at Sainsbury’s supermarkets were caught in the immediate aftermathof the horrific Ladbroke Grove train crash. A small team of employees, readying the store for opening, became first handwitnesses to the crash and ensuing fire last October. These colleagues actedwith great bravery and resourcefulness, assisting many of the injured from thetrack to the relative safety of the coffee shop. This was transformed into afirst aid station, and general comfort area. The OH team was proud of their colleagues during the incident and over thefollowing days as the emergency services carried out their rescue and removalwork. But it was apprehensive about the nature and level of trauma support itwould need to offer. The occupational health manager and senior manager of HRoperations made the decision to go ahead and trial the proposed new model oftrauma care practice in this high-profile, emotionally-charged incident. Staff support A small team of OH advisers attended the store on the day of the incidentand remained there throughout the following week. Advisers identified thoseinvolved and an informal debriefing took place. The atmosphere was highly emotional, heightened by the continued presence ofpress and emergency service personnel. They were based in the car park, andused the coffee shop and other facilities at the invitation of the storemanager. The OH nurses talked with employees and supervisors on the shopfloor overthe following few days to ensure all team members were accounted for, as therewas concern that individuals could absent themselves where trauma interventionmight be required. In particular, the team was worried about a small number of individuals, allof whom had been directly involved in the incident. They agreed that theirpresence in the early days was important to store personnel, and they were ableto support each other during this difficult time. Action Once it had been agreed to trial the trauma care programme, a group debriefwas arranged. It was well-publicised to ensure all individuals knew about itand felt able to attend. The session started with a short presentation by occupational psychologist,Noreen Tehrani, on the psychological impact of trauma and how this differedfrom usual stress reactions. All participants were asked to complete apost-incident questionnaire, to assess levels of avoidance; arousal;re-experiencing; anxiety and depression. Evaluation of the questionnairehighlighted the same sub-group of individuals about which the OH advisers hadbeen concerned. For the OH manager coordinating the post-incident care, this was reassuringand validated the usefulness of such a tool in these circumstances. Specificinterventions, such as relaxation exercises and trauma counselling, were madeavailable for those individuals identified as requiring further support. Follow-up care All participants were asked to complete a follow-up questionnaire afterthree months, to assess symptom levels. Line managers were asked to evaluatethe performance of individuals, and absence records were audited to assessattendance prior to and following the incident. The OH manager had the opportunity to use the post-incident questionnaireagain following a second incident. A group of first aiders had unsuccessfullytried to resuscitate a young woman who had collapsed while shopping. A groupdebrief was carried out and the questionnaire used again. Follow-up after twomonths was positive in terms of continuing levels of symptoms and generalfeeling about the trauma care process. Covering violence Sainsbury’s operates a violence at work policy, in common with manyorganisations who have employees regularly exposed to verbal and physical abusefrom members of the public. The OH department had to develop an apt andmeasurable trauma care programme that was flexible enough to encompasswork-related incidents, personal trauma and catastrophes, such as the traincrash. The company employs some 140 000 individuals across its 450 stores. Theearliest model of the occupational health service was set up in 1945. Itexamined workers returning from the Second World War in order to help resettlethem into the meat and dairy processing factory and small retail outlets thatcomprised the company at that time. Each of the current occupational health advisers is responsible for 20stores. Recent initiatives include setting up occupational health services inthe distribution division and Homebase. A growing trend of violence in the stores led two retail occupational healthmanagers to review how the existing violence at work policy was operating. Store staff are vulnerable to drunken and drug-induced abuse and attacksfrom members of the public, and incidents of robbery and assault. Researchshowed more than 400 reported assaults on workers in one year alone. Riskreduction measures are in place, including CCTV, alarms, security, training anda retail security team who investigate incidents from a damage and stock lossperspective, as well as helping debrief those involved. Working model The result of OH intervention at Ladbroke Grove, with the inception of thenew trauma care programme remains encouraging. Time lost through sickness orother absence associated with the incident was kept to a minimum, and positivefeedback was gained from store management and colleagues. The model appears toprovide an effective tool for measuring key symptoms following a traumaticincident at work. It provides evidence for OH records as well as demonstratingan appropriate response by the organisation in identifying and providing thecare required in such circumstances. Olivia Walpole RGN/DOHN is Sainsbury’s occupational health manager forhead office, London and the South. Further reading Violence at Work: A Guide for Employers,10/96. IND(G)69L (Rev) 2/97 C750 HSEBooks Preventing Violence to Retail Staff, HS(G)133 (1995) HSE Books ISBN 0 71760891 3 Preventing Violence to Staff, HSE Books ISBN 0 1188 5467 4 Tehrani N (1998) Does Debriefing Harm Victims of Trauma. CounsellingPsychology Review 13/3 p6-12 Tehrani N, Westlake R (1994) Debriefing Individuals Affected by Violence. Counselling Psychology Quarterly 7/3 p251-259 Sainsbury’s new trauma care programmeThe new model of trauma care programme is based on the following criteria: Immediate Checklist for use by store personnel following a criticalincident. This would form the basis of a debriefing session.Three to seven days Post-incident questionnaire to assess currentpsychological state and whether specialist intervention is required. These maybe administered by suitably trained key personnel in store, but would beevaluated by the OH team.Two to three months Follow-up questionnaire at suitable interval toassess whether recovery is taking place. These findings may be combined withevaluation of attendance and performance.An expert team of OHAs will undertake further training in debriefing skills,run group debriefing where appropriate and undertake evaluation of thequestionnaires.Model benefits– Ability to obtain an objective measurement of an individual’spsychological state following a traumatic incident.– An assessment tool that all OHAs  –with the appropriate training and back-up – can use confidently and hence, withconfidence.– A clear indicator of need for further or specialised help.– A confident indicator of where further help is not required.– Evidence of the organisations commitment to the psychological well-beingof those exposed to traumatic incidents, whether work-related or personal.– An opportunity, through group debriefing, to facilitate peer support andensure common understanding of the incident.– Clear understanding from store and organisation, of the process thatshould be undertaken following a critical incident. Previous Article Next Article Call to crisisOn 1 May 2000 in Personnel Todaylast_img read more


May 18, 2021 0

Henson: Despite Taylor’s off night, UW finds way to advance

first_imgAfter carrying the Badgers – singlehandedly at times – throughout the season, Jordan Taylor struggled for almost the entire 40 minutes against Kansas State Saturday in the third round of the NCAA tournament.The junior point guard and first-team All Big Ten selection was a miserable 2-for-16 from the field. The Wildcats were intent on frustrating Taylor. He forced shots and never found any semblance of rhythm.And the Big Ten all-defensive team member struggled on that end as well, as KSU point guard Jacob Pullen poured in 38 points. Pullen had his way, connecting from distance and finding open looks in the lane with relative ease. In the highly anticipated matchup of point men, Taylor appeared overmatched.But with the Badgers leading 66-65, there were 10 seconds left for Taylor to make a positive impact.Somehow, UW stayed in the game and actually led by one with seconds remaining, despite Taylor’s ice-cold night.Anyone who has watched this Wisconsin team all year would have a hard time believing UW could hold a lead over KSU on a neutral floor with Taylor converting just two field goals.Taylor makes this team go. He’s the catalyst, the floor general, the Badgers’ go-to scorer.So with Taylor struggling, UW needed big-time contributions from the supporting cast to keep its season alive. Star forward Jon Leuer got his usual 19 points in another stellar outing, but UW needed the role players to raise their level to beat Pullen and the Wildcats.The script had been flipped.Taylor’s teammates needed to carry him.So they did.Everyone’s favorite punching bag – senior Tim Jarmusz – hit two threes and finished with eight points. He also chipped in three assists and had a critical steal late.The hot-and-cold freshman Josh Gasser played with confidence and a willingness to attack after scoring one point against Belmont. Gasser finished with 11 points and tied Leuer for a team-high seven rebounds to go along with two steals.And of course Mike Bruesewitz – the sophomore forward with the battered knee and trademark red hair – energized his teammates with an inspired effort. It was Bruesewitz who hit the biggest shot of the game, drilling an open three to give UW a 64-61 lead with 1:31 remaining.“Just go right down the line of guys stepping up and making key contributions,” Leuer told reporters after the game. “That’s what you need in March if you want to keep playing.”Those contributions allowed Wisconsin to grab that late lead, but moments later, with KSU now down 66-63, Taylor committed a shooting foul on Pullen and sent the Wildcats’ all-time leading scorer to the line for three free throws.That brings us back to those critical final 10 seconds. The moment where Taylor would shine. Pullen made 2-of-3 at the line. Taylor was immediately fouled with UW up by one.All the pressure was now firmly resting on the shoulders of the UW point guard. Taylor has thrived in that role all season, but this was an atypically poor outing for the junior. He’d only made two shots. Now, he needed to make two more at the stripe with Wisconsin’s tournament life hanging in balance.But Taylor is known for his ability to stay cool and collected as much as anything. He’s never too high, never too low. He’s able to keep his emotions and frustrations in check when he needs to.He comfortably nailed both free throws.Down three, Pullen tried to get off a potentially game-tying three with two seconds left, but this time Taylor had it covered.Taylor rose up and blocked Pullen’s attempt, effectively sealing the victory.Turns out 10 seconds was plenty of time for the Badgers’ leader to respond when it mattered most.And no matter the shooting struggles, that didn’t come as a surprise to head coach Bo Ryan.“He was having a rough night scoring, but he is a taskmaster of his own skills and his own abilities that he’s not going to throw the rest of it away simply because things have gotten away from him,” Ryan told reporters after the game. “Because he is that dedicated to being the leader on this team on the floor. He never wavered from that the whole time.”In a matchup of two highly skilled point guards, Pullen dominated the game with his 38 points.But Taylor got more help from his supporting cast, and with it, the Badgers’ floor general closed out a victory and left Tucson, Ariz., with a smile on his face. It’s Taylor’s team that’s still dancing.“He [Pullen] was the best player on the floor tonight,” Taylor told reporters after the game. “But we’re moving on and going to New Orleans. So that’s all that matters.”That couldn’t be more spot on.Max is a senior majoring in journalism. Shocked the Badgers pulled out a victory despite Taylor’s struggles? Pumped for the Sweet Sixteen? Let him know at [email protected]last_img read more


September 16, 2020 0

Slideshow: Wisconsin football vs. Penn State

first_imgWisconsin beat Penn State to earn a berth in the Big 10 Championship game in Indianapolis against Michigan State. Montee Ball closed in on the NCAA record for the single most touchdowns in a season with 34 touchdowns behind Barry Sanders with 39.last_img


September 16, 2020 0

Essential Items You Should Have Inside of Your Car During Winter Weather

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisAs much as most of us want spring it looks like winter is going to stick around a little bit longer. With all of this snow, some cars may have troubles. Here’s some essential items you should have inside of your car just in case of an emergency.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Police Still in Search for Suspect Following Ella White LockdownNext Seniors Need to Continue to Get Vaccinationslast_img read more


August 28, 2020 0