Green Party responds to news teachers' pay will remain capped at 1% annual increase
10 July 2017
Responding to the news that the annual increase in teachers’ pay in England and Wales will remain capped at 1% [1], the Green Party’s Spokesperson for Education Vix Lowthion said:
“The Government’s pay review is another betrayal of teachers. Not only is a low pay award set to hinder new entrants to the profession, but it will increase the damage from the teacher retention crisis. Those of us on the front lines of teaching are seeing colleagues leave the profession in droves. Teachers are struggling to make ends meet and juggle the growing pressures of working in schools which are being stripped of the money they need. The government must stop taking teachers for granted, and give them the proper pay rise they deserve.
Notes
[1] http://www.bbc.co.uk/news/education-40557378
Anne Marie Morris’ comments are outrageous and totally unacceptable – Andrew Gwynne
Andrew
Gwynne MP, Labour’s Co-National Campaign Coordinator, commenting on remarks
made by Anne Marie Morris, said:
“Anne
Marie Morris’ comments are outrageous and totally unacceptable. While the
Conservative Party has tabled a debate on Wednesday to apparently discuss and
condemn abuse of candidates in the General Election, these comments prove their
hypocrisy.
"Theresa
May once spoke about changing the Tories’ ‘Nasty Party’ tag. If she’s serious
about that, she will admit it’s not enough for the Tories to ‘investigate’ and
will apologise and act immediately. If that means withdrawing the whip, that’s
what they should do.”
Ends
ESMA consults on guidelines regarding internalised settlement reporting
Internalised settlement refers to transactions, which are settled outside securities settlement systems operated by central securities depositories (CSDs). Internalised settlement can happen at different levels of a securities holding chain – global custodians, sub-custodians, etc. – and has to be reported at the level where it takes place. Each settlement internaliser needs to report the settlement that has been internalised in its books only.
The CSDR requires settlement internalisers to report to the CSD national competent authorities (NCAs) in their jurisdiction the aggregated volume and value of all securities transactions that they settle outside securities settlement systems on a quarterly basis. NCAs then transmit this information to ESMA and have to inform ESMA of any potential risk resulting from that settlement activity.
The CSDR Implementing Regulation (EU) 2017/393 specifies the templates and procedures for the reporting and transmission of information on internalised settlement. However, in order to ensure a consistent application of the CSDR, ESMA has decided to issue Guidelines on the reporting architecture and exchange of information between ESMA and NCAs regarding internalised settlement.
ESMA’s guidelines clarify the scope of the data to be reported by settlement internalisers and the types of transactions and operations that should or should not be included.
ESMA welcomes stakeholders’ feedback, which it will use to finalise the guidelines. The consultation paper is open for comments by 14 September 2017.
ESMA consults on guidelines regarding internalised settlement reporting
Internalised settlement refers to transactions, which are settled outside securities settlement systems operated by central securities depositories (CSDs). Internalised settlement can happen at different levels of a securities holding chain – global custodians, sub-custodians, etc. – and has to be reported at the level where it takes place. Each settlement internaliser needs to report the settlement that has been internalised in its books only.
The CSDR requires settlement internalisers to report to the CSD national competent authorities (NCAs) in their jurisdiction the aggregated volume and value of all securities transactions that they settle outside securities settlement systems on a quarterly basis. NCAs then transmit this information to ESMA and have to inform ESMA of any potential risk resulting from that settlement activity.
The CSDR Implementing Regulation (EU) 2017/393 specifies the templates and procedures for the reporting and transmission of information on internalised settlement. However, in order to ensure a consistent application of the CSDR, ESMA has decided to issue Guidelines on the reporting architecture and exchange of information between ESMA and NCAs regarding internalised settlement.
ESMA’s guidelines clarify the scope of the data to be reported by settlement internalisers and the types of transactions and operations that should or should not be included.
ESMA welcomes stakeholders’ feedback, which it will use to finalise the guidelines. The consultation paper is open for comments by 14 September 2017.