DG FISMA, Legal & General Group, ARC Pensions Law, Sackers, Pensions Management Institute, RWC Partners, OssiamDG FISMA – Jonathan Hill has resigned as European commissioner for financial stability in the wake of the UK’s decision to leave the European Union. Hill said he had agreed his departure as commissioner for financial stability, financial services and the Capital Markets Union with Jean-Claude Juncker, president of the European Commission, in discussions several weeks ago. Valdis Dombrovskis, a Commission vice-president for the euro, has assumed responsibility for Hill’s portfolio.Legal & General Group – Sir John Kingman has been appointed group chairman. He succeeds Rudy Markham, who has served as interim chairman since John Stewart’s retirement from the board on 1 June. Kingman has had an extensive Whitehall career, culminating as second permanent secretary of HM Treasury. He was also chief executive at UK Financial Investments, with responsibility for managing the government’s shareholdings in Lloyds Bank, Royal Bank of Scotland and Northern Rock.RWC Partners – Peter Clarke is to join the board as a non-executive director. Clarke serves on the boards of Lombard Odier and AXA UK, and he is chairman of Lancashire Holdings. He has had a career spanning more than 30 years, including six years as chief executive at Man GLG. ARC Pensions Law – The pensions law firm has appointed Anna Copestake as a senior associate, joining from Sackers. Kevin Le Grand has been appointed as a consultant. Le Grand, who is president of the Pensions Management Institute, has been working part-time as a consultant since October and now joins on a permanent basis.Ossiam – Johann Nicolle joined the smart-beta fund manager and Natixis Global Asset Management affiliate as portfolio manager and quantitative analyst in April.
“Probably, the IFFI could have a jointventure or undertaking with an organization already accredited,” Peñaredondosuggested. * community-based and sectoral-based,with project development and implementation track record of at least one year IDFI got Treñas’ ire in January thisyear for not inviting him to the festival. It was learned yesterday that IDFI wasseeking to renew its accreditation with the city government. The SP, however,was yet to act on its application. During the Sangguniang Panlungsod’s(SP) deliberation yesterday on IFFI’s application for accreditation, citycouncilors agreed to defer taking action after Councilor Eduardo Peñaredondopointed out that the foundation may not be able to meet the accreditationguidelines. But Peñaredondo may have misunderstoodDILG Memorandum Circular No. 2019-72, a former Commission on Audit (COA) Region6 official told Panay News. Also,the former official added, “If the city government wanted to release funds tothe participating public schools, then it has to observe the guidelinesprovided in COA Circular No. 94-013.” * reliability, as evidenced by thepreparation of annual reports and conduct of annual meetings duly certified bythe board secretary of the organization ILOILO City – A day after announcingthat the city government would be allotting a P25-million assistance to theIloilo Festivals Foundation, Inc. (IFFI) that has been tapped to handle the2020 edition of Dinagyang Festival, Mayor Jerry Treñas said yesterday nogovernment fund would be released to the foundation. After learning of the SP’s decision todefer taking action on IFFI’s accreditation, Treñas said, “The foundation willnot receive any funds from the city.” Accordingto the former COA official, “the applicable guidelines insofar as accreditationof nongovernment organizations, but necessarilyto be done by sanggunian, is COA CircularNo. 2007-01 as reiterated in COA Circular No. 2012-001.” “Itbears stressing that according to Item 2.3 (of the memo), its issuance intendedto cover accreditation for purpose of representation in the local specialbodies, not for joint venture implementation of projects,” according to theformer COA official who asked not to be identified. Treñas, however, said he wouldcontinue coordinating with the IFFI so that the Local Government Code and DILGrequirements would be met. In a previous interview, Treñas saidthat as an official of the city (he was the congressman then), he should havebeen invited and that the festival should have been spared from politics. Hewas then running against the incumbent mayor, Jose Espinosa III. The Iloilo Dinagyang Foundation, Inc.(IDFI) used to be the city government’s partner in organizing the annualDinagyang but in June this year Treñas announced a new foundation would beformed to manage the festival starting this January 2020. Item2.3 of the memo read: “This Memorandum Circular shall only involve theaccreditation process for civil society organizations for purpose ofrepresentation in the local special bodies.” The IFFI was organized only in Julythis year and its officers were inducted by Treñas only this Monday, Sept. 16,on the same day the mayor announced a P25-million city government assistance tothe foundation. It was during Treñas’ term as mayorfrom 2001 to 2010 that the private sector – the IDFI for that matter – wastapped asofficial managing partner of the citygovernment and the Parish of San Jose de Placer for the Dinagyang. DILG Memorandum Circular No. 2019-72released on May 22, 2019 listed the requirements for local governmentaccreditation of civil society organizations. Two of these were: Iloilo Festivals Foundation, Inc. (IFFI). IAN PAUL CORDERO/PN “The IFFI is a new organization. It isimpossible to accredit it at this time. We would all be held liable forviolating the Local Government Code and the DILG memo circular,” Peñaredondowarned fellow councilors. Peñaredondo,meanwhile, stressed that IFFI could continueoperating and “help the city of Iloilo in whatever undertaking through amemorandum of agreement, but as far as funding this organization, it isprohibited.” The city government will releaseDinagyang money directly to the participating schools and festival-relatedactivities. The city mayor apparently overlooked arequirement set by the Local Government Code and Department of Interiorand Local Government (DILG). No fund could be released to civil societyorganizations not accredited by the local government unit. In deciding to drop IDFI, Treñas saidthere were people in the foundation he could no longer work with. He also said the IDFI had no ownershipor exclusive right over the staging of Dinagyang “kay ti iya ina sang pumoluyo sang syudad.” According to Peñaredondo, the IFFIlacked track record (at least one year) and financial records required by theLocal Government Code and DILG. During the Dinagyang 2020 launching onMonday, the IFFI bared 11 festival-related activities: Iloilo Dinagyang ArtFestival (Jan. 18 to 25), Ilonggo Food Festival (Jan. 23 to 26), Miss Iloilo2020 (Jan. 24), Tambor Trumpa Martsa Musika (Jan. 24), fluvial and solemnfoot procession (Jan. 24), Floats Parade of Lights (Jan. 24), fireworksdisplay (Jan. 24), Dinagyang sa Calle Real (Jan. 25), Festive Parade SponsorsMardi Gras (Jan. 25), religious sadsad (Jan.25), and Dinagyang 360° (Jan. 26)./PN
— The Twins regained their power stroke as Jake Cave hit a grand slam and Nelson Cruz homered twice in a 14-2 assault on the White Sox. Cruz added two doubles and drove in seven runs for the reigning AL Central champion Twins, who set a major league record for home runs last year. Kenta Maeda (mah-EH’-dah) allowed two runs and struck out six in five innings to win his Minnesota debut.— Kevin Kiermaier’s first hit of the season was a two-run triple in the 10th inning that gave the Rays a 6-5 victory over the Blue Jays. The Rays scored twice in the ninth to force extra innings, then fell behind again 5-4 when Blue Jays pinch-runner Santiago Espinal stole third base and scored on Lourdes Gurriel Jr.’s sacrifice fly. Ji-Man Choi hit a solo homer and worked out a bases-loaded walk in Tampa Bay’s two-run ninth.— The Orioles earned a 7-4 victory against the Red Sox as Rio Ruiz and Anthony Santander each belted two-run homers. José Iglesias added four hits as the Birds beat the Bosox for the second straight game following a 13-2 loss on opening day. Baltimore’s Wade LeBlanc gave up two home runs but settled down over 5 2/3 innings, allowing four runs and four hits while striking out four.— Brian Anderson and Miguel Rojas each hit three-run homers to power the Marlins to an 11-6 rout of the Phillies. Miami rallied from 4-0 and 5-4 holes to rough up embattled Phillies starter Vince Velasquez and four relievers. The Marlins took the rubber match despite the absence of hurler Jose Urena, who was scratched about 90 minutes before the first pitch amid concerns of a team outbreak of the coronavirus.— The Tigers pulled out a 3-2 win over the Reds on C.J. Cron’s tiebreaking, two-run homer in the ninth inning. Detroit rallied after Cincinnati starter Trevor Bauer matched a career high with 13 strikeouts over 6 1/3 innings. Spencer Turnbull pitched one-run ball over five innings for the Tigers in his first start since he went 3-17 with a 4.61 ERA last season. UNDATED (AP) — The injury news isn’t good for a pair of Texas major league teams.Reigning AL Cy Young Award winner Justin Verlander has a strained right forearm and will be shut down for at least two weeks.Astros manager Dusty Baker made the announcement on Sunday but denied a report that said the injury would end Verlander’s season. He said Verlander would be evaluated after two weeks.Baker said Verlander felt “tenderness” in his arm during his start on Friday, where he pitched six innings and got the win. He had an MRI on Saturday, and now he’ll miss at least roughly a third of this 60-game regular season. Meanwhile, Rangers right-hander Corey Kluber (KLOO’-bur) left his first start in almost 15 months after just one inning Sunday due to shoulder tightness. The Yanks trailed 2-0 until Torres delivered a solo homer and a go-ahead single to lead a 3-2 victory over the Nationals in Washington. Patrick Corbin retired New York’s first 11 batters and 18 of the first 19. But Torres ended the shutout bid with a long home with one out in the seventh to chase Corbin.Nats reliever Will Harris promptly served up a solo homer by Luke Voit (voyt) that knotted the score.Trea Turner homered for the Nationals.Elsewhere around the majors:— Shohei Ohtani (SHO’-hay oh-TAH’-nee) didn’t record an out in the two-way star’s long-awaited return to the mound for the Angels, allowing the first six Oakland batters to reach base in a 6-4 loss to the Athletics. The right-hander from Japan gave up Marcus Semien’s leadoff single and three straight walks before a mound visit and Mark Canha’s two-run single. The Angels wasted a big day by Mike Trout, who hit a three-run homer in the third and a sacrifice fly in the fifth. The issue was not that Williams left the bubble but that he also went to a club on that trip to Atlanta, and photographs of that visit appeared on social media. That prompted an investigation by NBA security. In other NBA news: — Joel Embiid (joh-EHL’ ehm-BEED’) is hurting, and that’s a cause for concern as the Philadelphia 76ers get set to restart their season this week. The All-Star starting center sat out Philadelphia’s scrimmage against Oklahoma City on Sunday with right calf tightness, something 76ers coach Brett Brown hopes is merely a minor blip. Embiid has an extensive injury history and has never appeared in more than 64 games in a regular season. He missed 21 of Philadelphia’s 65 games this season before the March 11 shutdown. — Boston’s Kemba Walker and Phoenix’s Ricky Rubio were back in action Sunday, going head-to-head in a Celtics-Suns scrimmage. Both missed the first scrimmages with their teams inside the NBA bubble last week. Walker missed the first scrimmage with left knee soreness. Rubio was a late arrival at Disney and the Suns wanted to get him a couple of more practices before he saw any scrimmage action. NHL-NEWS Update on the latest sports The two-time Cy Young Award winner was making his first appearance for a team other than Cleveland after an offseason trade. He threw 18 pitches while facing three batters. Colorado’s Trevor Story walked and was thrown out trying to steal. The Rangers said the 34-year-old Kluber reported feeling the tightness in the first few pitches and it got worse as the inning progressed. He was examined by a team doctor and will be further evaluated Monday. In other MLB news: — Red Sox pitcher Eduardo Rodriguez says he is awaiting results of additional testing after doctors recently discovered an issue with his heart they believe is a result of his recent bout with COVID-19. The 27-year-old left-hander tested positive for the coronavirus before the start of summer camp, but was cleared and returned to workouts on July 18. He hasn’t had another positive coronavirus test, but said an MRI revealed a condition called myocarditis, that the team’s medical staff felt was serious enough to shut him down for at least a week. — Reds second baseman Mike Moustakas (moos-TAH’-kahs) went on the injured list Sunday after he woke up feeling sick. Manager David Bell said Moustakas didn’t feel well when he woke up Sunday morning and was told to stay home as a precaution. Center fielder Nick Senzel was a late scratch from Cincinnati’s lineup for the final game of a series against the Tigers. The moves came a day after Reds infielder Matt Davidson went on the injured list because he tested positive for COVID-19. — Tampa Bay Lightning defenseman Victor Hedman won’t travel with the team to the NHL’s Eastern Conference “secure zone” in Toronto because of a personal matter. General manager Julien BriseBois (BREEZ’-bwah) says Hedman will go from his home to the rink and back and avoid the general public in Florida this week before joining his teammates. He’s expected to be able to practice upon arrival and play in Tampa Bay’s first playoff game Aug. 3. — Well-traveled NHL forward Eddie Shack has died at 83, according to the Toronto Maple Leafs. Known for his bruising style, distinctive skating gait and larger-than-life personality, Shack won four Stanley Cups with Toronto in the 1960s. Nicknamed “The Entertainer” — with his trademark cowboy hat and luxurious mustache — he scored the winning goal for the Leafs in the 1963 final. PGA-3M OPENThompson wins in Minnesota BLAINE, Minn. (AP) — Michael Thompson birdied two of the last three holes for a 4-under 67 and a two-stroke victory in the 3M Open. — The Indians were 9-2 winners over the Royals in Carlos Carrasco’s first start since being diagnosed with leukemia over a year ago. Carrasco struck out 10 in six-plus innings, and José Ramírez homered twice in the rubber match of the series. Ramírez hit a three-run homer left-handed in the fourth and added a solo shot from the right side in the sixth.— Trevor Story homered twice for the Rockies in a 5-2 decision over the Rangers. Story belted a tying two-run shot in the fourth and added a solo drive that put Colorado ahead, 4-2. Texas slugger Joey Gallo hit the first home run in the club’s new $1.2 billion retractable roof stadium, a 437-foot shot.— The Diamondbacks scored twice in each of their final two at-bats to down the Padres, 4-3. Ketel Marte scored the tying run in the eighth and lifted a sacrifice fly in the ninth to put Arizona ahead. David Peralta’s RBI single capped the Diamondbacks’ scoring.MLB-NEWS Kluber pulled early, Verlander shut down Associated Press July 27, 2020 Arizona GM steps down UNDATED (AP) — The Arizona Coyotes aren’t very happy with John Chayka’s decision to step down just a week after the team opens the Stanley Cup qualifiers against Nashville.The Coyotes issued a statement saying they are disappointed in his actions and his timing of the resignation. They added that “Chayka has chosen to quit on a strong and competitive team, a dedicated staff, and the Arizona Coyotes fans, the greatest fans in the NHL.”Chayka made a name for himself as one of the NHL’s top general managers since being promoted in 2016 and recently signed a contract extension through 2024 late last year. His relationship with new owner Alex Meruelo began to deteriorate when he asked for permission to pursue another, non-NHL opportunity. The Arizona Republic reported Chayka was not invited to a recent dinner with Meruelo and new CEO Xavier Gutierrez to talk with Taylor Hall about a contract extension. In other NHL news: — The President has backed out of an opportunity to throw out the ceremonial first pitch at Yankee Stadium on Aug. 15. Donald Trump tweeted Sunday that he won’t be able to make the trip because of his “strong focus” on the coronavirus, vaccines and the economy. Trump said in the tweet: “We will make it later in the season!” NBA-NEWS Clippers’ Williams will serve 10-day quarantine, miss games LAKE BUENA VISTA, Fla. (AP) — The NBA said Sunday that Lou Williams of the Los Angeles Clippers is being quarantined for 10 days because of his trip out of the league’s bubble last week to attend a family member’s funeral. He will miss at least two of the Clippers’ seeding games, including their July 30 opener against the Los Angeles Lakers. It’s possible he could miss more than two since his likely release will be Aug. 4, the day of the Clippers’ third seeding game. Share This StoryFacebookTwitteremailPrintLinkedinRedditMLB-SCHEDULEYanks take series from NatsUNDATED (AP) — Gleyber Torres had the big hits as the New York Yankees took the rubber match of their three-game series with the defending World Series champs. — The Braves torched the Mets, 14-1 behind Dansby Swanson, who was 3-for-5 with a solo homer and five RBIs. Marcel Ozuna (oh-ZOO’-nuh), Austin Riley and Ozzie Albies also went deep as Atlanta easily captured the rubber match of the three-game set. Rick Porcello was rocked for six earned runs over just two innings in his Mets debut.— The Giants gained a split of their four-game series with the Dodgers as Mauricio Dubon poked a tiebreaking, RBI single in the sixth inning of San Francisco’s 3-1 win at Los Angeles. Darin Ruf and Donovan Solano each had two hits and an RBI in the Giants’ second straight win. Tyler Rogers worked out of a bases-loaded jam in the eighth before Trevor Gott pitched the ninth to get the save.— Tyler Chatwood pitched three-hit ball over six innings of the Cubs’ 9-1 thumping of the Brewers. Willson Contreras smacked an RBI double in the Cubs’ four-run fourth and a long solo homer in the seventh. Ian Happ added a two-run drive in the eighth and Anthony Rizzo belted a solo shot one out later. — Colin Moran and Jose Osuna homered as the Pirates got their first win under new manager Derek Shelton, 5-1 versus the Cardinals. Shelton also was involved in the majors’ first socially-distanced umpire argument as he and plate umpire Jordan Baker each wore face coverings while jawing six feet apart. Winning pitcher Mitch Heller allowed a run and three hits over five innings to help Pittsburgh beat St. Louis for just the second time in their last 14 meetings.— The Mariners finally beat the Astros for the first time in 16 tries as Kyle Lewis hit a tiebreaking, two-run single in the eighth inning of Seattle’s 7-6 verdict over Houston. The Mariners trailed by 1 entering the eighth until Shed Long Jr.’s run-scoring single tied it at 5 with one out. Tim Lopes had three hits and scored twice for Seattle, which went 1-18 versus the Astros last year. Thompson finished 19 under in his second PGA victory, seven years after his first.Adam Long took second after a 64. Richy Werenski shared the lead with Thompson after both Friday and Saturday before shooting a 70 to fall into a tie for third at minus-16.Tony Finau finished in the third-place group after a 68.