CHURCH CHARGES FOR FSC BREAK DOWN

first_img CHURCHES HAVE A CHOICE TO REGISTER SAYS FSC COMPLIANCE Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 14 Jan 2015 – Information coming yesterday on how much the Churches will have to pay the government and the FSC in order to be compliant with a new law by February 20th; the Financial Services Commission of the TCI has been appointed in the Supervisor of Non Profit Organizations or NPOs. Paul Coleman, leader of the Compliance Unit in the FSC says he was not chairing that meeting but attending with Compliance Officer, Melissa Thomas as they aimed to bring even more clarity to the Providenciales Ministerial Fellowship on Monday. Magnetic Media reported that some churches reported to us that the cost to comply could run up to $1,500; in our report it is explained this would be all costs including lawyers’ fees. In December it was Gazetted that the new law which requires all NPOs to be registered and to report on their financials every year takes effect in 90 days; the deadline is February 20, 2015. The FSC sent us a break down of the charges. First a church may have to make some changes in the organization’s description, legally. If the church wants to do that, because apparently they can chose not to, the next course of action is for them to make a request to change with the Registrar of Companies. That alteration will cost $200. There is a one-time registration fee with the FSC as an NPO of $150; there are two annual fees; one paid to the FSC as the Supervisor of NPOs for $100, the other paid to the Registrar of Companies and that amount is $150 – both are for the same thing, to file the annual returns of the NPO. When we add it all up, that could mean an upfront $600 for the FSC and the TCI Government. When legal fees which could run upward of $700 are added to the mix – a church or any non-profit organization may pay in in this first year up to $1,500. IMF recommends tougher laws, tougher FSC Related Items:churches, finacial services commission, paul coleman Recommended for you CHURCHES DEADLINE TO REGISTER WITH FINANCIAL SERVICES COMMISSION NEARINGlast_img read more

72yrold Male Found Dead in Treasure Cay Abaco

first_img Related Items:#72yearoldfounddead, #magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, May 30, 2017 – Abaco – Police in Abaco are investigating the death of a 72 year old male on Saturday, May 28.Reports are that shortly after 8:00 AM, police were called to a resident in Treasure Cay, Abaco, where the lifeless body of a Caucasian male was found with a gunshot wound to the body. He was pronounced dead at the scene by the local doctor.Foul play is not suspected in this matter and police are actively investigating.#magneticmedianews#72yearoldfounddeadlast_img read more

Football has been unfair to usLopetegui

first_imgDespite the 2-1 home defeat, Lopetegui says he isn’t disappointed in his team, stating that the team had greater chances of winning but football has not been on their side.Real Madrid Coach Julen Lopetegui, insists that he is unperturbed about losing his job, stating that it’s the least thing on his mind.After a 1-0 defeat to Alaves two weeks ago, there arose speculations over the sacking of Real Madrid coach, with pressure increasing after Saturday’s game.“We did enough to deserve to win comfortably, but football is like this. We had 34 shots, 14 of them on target, while they (Levante) only had the shots they scored from,” said Lopetegui via Xinhuanet.Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“We had chances, posts, saves and goals ruled out; what we have to do now is continue, the team has done a lot of things well and I know the dynamic is going to change,”When asked whether he was afraid of losing his job after just 9 league matches, Lopetegui responded that it was “the last thing I am thinking about. The players don’t deserve this and all I am thinking about is helping the team recover.”“I feel more motivated than ever; because of the way the players reacted, because the way they reacted to misfortune. We are going to turn this around sooner or later. Football has been unfair to us and we want to pick ourselves up,” he concluded.last_img read more

Boateng accepts Bayern Munich rotation policy

first_imgJerome Boateng understands that rotations are necessary at Bayern Munich, even though it means he will be spending more time on the bench this seasonNew manager Niko Kovac has regularly made rotations to his squad this season and is yet to name the same starting XI in successive games.World Cup winners Thomas Muller and Boateng have been notable bench warmers of late and were warned by Kovac that more of the same may occur in the future.However, Boateng accepts Kovac’s stance due to the exceptional players at Bayern.rb leipzig, bayern munichReport: Bayern are held by Leipzig George Patchias – September 14, 2019 Bayern Munich was held to another draw, this time by RB Leipzig.Bayern Munich finds themselves in the unfamiliar position of sitting third in the…“There are no guaranteed starters here. We have so many players who also play for their national team,” Boateng told Sky.“Everyone plays a lot over the course of a season. We have two top players in every position; everyone will get their time on the pitch.“I don’t see any players who start every game — except Manuel Neuer and maybe Robert Lewandowski.”The German defender did, however, make his first start for Bayern in last Saturday’s 2-1 win at 1. FSV Mainz 05 since the club’s 1-1 Champions League draw with Ajax on October 2.last_img read more

Fusion Media Group Announces Restructuring Layoffs

first_img Cook formerly served as executive editor of Gawker before becoming EIC of GMG. The company will soon search for a new editor-in-chief to lead GMG. Isaac Lee, digital, entertainment and news chief at Univision, told The Washington Post that there won’t be layoffs at any of the acquired Gawker properties. Sources familiar with the situation also confirmed to Folio: that there will not be any layoffs at The Onion or The Root.  In a memo to staff Wednesday, Lee wrote that Fusion Media Group will consolidate reporting teams across 8 of its 11 titles and unify editorial leadership to eliminate redundancies and cross-brand competition. Raju Narisetti, CEO of the Gizmodo Media Group (GMG), will lead the restructuring. Fusion.net and TheRoot.com — currently under the Fusion Media Group banner along with The Onion — will consolidate under GMG leadership. While the publications will remain distinct, The Root editorial team will report to Fusion EIC Dodai Stewart. Donna Byrd will remain publisher of The Root. While the staff is not yet under union contract, WGAE is negotiating the layoffs. Laid off employees will receive the union-negotiated severance of two weeks per year of service, including extended health benefits, with a minimum of eight weeks’ pay and benefits. In addition to staff changes, all Fusion Media Group properties will switch onto the Kinja publishing platform, which was acquired with Gawker Media in August. CTO Mark Kortekaas will lead the transition, starting immediately with The Root. A cross-brand, formal digital investigative team will be formed under the leadership of John Cook, and report to Keith Summer, SVP of content innovation at Univision. This investigative team will contribute content to Fusion.net, as well as any titles under the GMG banner, when relevant to its coverage. Onion Inc., which includes The Onion, Clickhole, and AV Club, will remain a separate entity from GMG, though certain functions, like sales, will work across both groups. As such, Mike McAvoy, CEO of Onion Inc., will oversee the Fusion Media Group sales centralization which started last month. Boris Gartner, president and COO of Fusion, will oversee business development projects including international expansion and syndication.center_img Fusion Media Group is restructuring, leaving 15 Fusion.net staffers out of a job just days after the editorial staff voted to unionize with the Writers Guild of America, East (WGAE). In anticipation of a moment like this, Fusion staffers signed union cards in early October, before officially voting to organize last week. WGAE reported that 90 percent of the 70 person bargaining unit voted for the union. This news followed an announcement by Univision, Fusion’s parent company, that 6 percent (up to 250 people) of its work force will be laid off, following a third-quarter net loss of 8.3 percent YoY. Real Future, the Oakland-based technology arm of Fusion.net, will merge into Gizmodo, which has a larger audience. A letter from WGAE told Fusion.net staffers that Univision management expects to unify all remaining staff under the Gizmodo Media Group WGAE contract that carried over from the acquisition of Gawker Media in August. The new structure “The scale and reach of our authoritative consumer brands will allow us to be leaders within our industry counterparts and with the increasingly powerful advertising businesses of Facebook, Google, and other platforms,” Lee said in the memo.last_img read more

Govt approves Rs 56 lakh crore mega spectrum sale

first_imgThe government on Wednesday cleared a proposal to sell spectrum in seven frequencies at an estimated cost of Rs. 5.6 lakh crore, reported Press Trust of India. Finance Minister Arun Jaitley called the auctioning as the largest ever in the history of the country, which is also the world’s second largest telecommunication market.Seven bands of airwaves, adding up to more than 2300 megahertz (MHz) of spectrum, will be open for auctioning to all telecom operators. It includes the 700 MHz, 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz and 2,500 MHz frequencies, noted the PTI report.Though no timeline for the sale was set by the government, the news agency noted that the sale would fetch Rs. 64,000 crore in this financial year in instalments, while another Rs. 98,995 crore is expected to flow in from other taxes and service charges within the telecom sector.The minister added that a decision by Telecom Commission and the telecom regulator (TRAI) to charge 3 percent as spectrum usage charge (SUC) from the annual revenue of operators would be referred back to TRAI.Meanwhile, the government has decided to reduce the lock-in period in trade in spectrum from the existing 3 years to 1 year, which is expected to push for consolidation in the industry.In the previous spectrum sale in March 2015, the government earned Rs. 1.1 lakh crore.last_img read more

Meghan Markle gave Royal Palace the finger with her surprising decision

first_imgMeghan MarkleGetty ImagesMeghan Markle and Prince Harry are known for decisions that raise eyebrows. But apparently, none was more shocking than choosing a name for their son.It is known that Meghan, Duchess of Sussex and Prince Harry welcomed their new royal baby Archie Harrison Mountbatten-Windsor this May, just under a year after their stunning royal wedding. It is no surprise that Meghan and Harry broke from royal tradition and chose an unconventional name for the Royal baby.His name Archie is also a shortened version – for Archibald – which is unheard of for other royal names.Although his father goes by the name Harry, his given name is actually Henry. Instead of giving Henry or Harry as a middle name, the Duke and Duchess of Sussex chose Harrison as a patronymic, or name derived from one’s father.  Meghan MarkleGetty ImagesNow Meghan Markle has made waves ever since she joined the Royal Family, she has asserted her independence and tried to forge her own path as a Royal. Baby Archie’s name was also one such move to assert her independence. The couple Sussex, especially Meghan has butted heads with the Royal Palace for her decision. And not choosing to name her baby after a Royal may have been her way of letting the Family know that she will not toe the Royal line.But recently, it looks like all the criticism seems to be getting to Meghan. The Duchess of Sussex may finally be listening. She started off by celebrating her birthday without much pomp or ceremony, unlike her baby shower in New York. Meghan Markle may be turning over a new leaf as a Royal after all.last_img read more

Texas Republicans Criticize Trumps Tariff Plan

first_imgRyan Poppe/Texas Public RadioSen. Cornyn addresses the Senate on Oct. 10, chastising the president and Democrats for stalling bills to open portions of the federal government.Texas’ leading senator in Washington D.C. echoes the worries of other Texas Republicans that President Trump’s plan to impose tariffs on steel and aluminum would be bad for the U.S. economy and ultimately spark a trade war.Texas Senator John Cornyn is asking President Trump to reconsider his administration’s plan to place a 25-percent tariff on all steel imports and a 10-percent tariff on all aluminum products.“As you can tell, there’s a lot of controversy surrounding the issue of trade. The president has made a number of campaign promises, which he is determined to deliver on, and I’m afraid some of the people he’s listening to are giving him some bad advice. That’s why it’s important for Congress to step up and have hearings,” Cornyn said.U.S. Sen. Ted Cruz has also said he hopes the president’s plan never comes to fruition.The senators aren’t alone. More than 100 House Republicans signed a letter written by Houston Republican Kevin Brady, chair of the U.S. House Ways and Means Committee that urged the president to tailor the tariffs so U.S. companies can keep trading with their foreign partners. Sharelast_img read more

IntelMcAfee preview new rootkit weapon

first_img Unlike installed anti-virus software, the new layer of protection will sit below a PC’s operating system, to detect modifications attempted by hidden malware, according to George Kurtz, McAfee’s CTO and executive vice-president. In sitting outside the operating system, the new software approach uses Intel’s “chip-level hooks” to look for the presence of malicious software such as rootkits.According to McAfee Labs, more than 1200 new rootkits are detected every day around the world, or 50 per hour every day. This is a security burden because of their ability to load and embed themselves at the kernel level of the operating system and they are difficult to spot. McAfee spokesmen said DeepSAFE veers from those current approaches that are actually based on “20+ year old techniques.”The technologies are becoming increasingly less effective, and “novel approaches are needed to effectively manage the increase in malware and other attacks.”DeepSAFE is designed to detect and block suspicious behaviors that are characteristic of many of those rootkits in real-time before they have a chance to spread.The future of security technology is going to have to move beyond the operating system, says a McAfee video presentation, in no uncertain terms, and should not be bound by the same OS rules as today, because rootkits are designed to hide themselves away from the OS. DeepSAFE is in beta. Products employing DeepSAFE technology are expected later this year. DeepSAFE is designed to work with Windows 7; McAfee anticipates DeepSAFE will work with Windows 8 on its release; McAfee is evaluating bringing the technology to Android mobile devices.The McAfee preview at this week’s Intel Developer Forum represents a significant show as well as to how the two companies will work together following Intel’s acquisition of McAfee for $7.68 billion in February. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. © 2011 PhysOrg.com Explore further Intel completes McAfee acquisitioncenter_img More information: www.mcafee.com/us/resources/fa … psafe-technology.pdfwww.mcafee.com/us/solutions/mcafee-deepsafe.aspx Citation: Intel-McAfee preview new rootkit weapon (2011, September 16) retrieved 18 August 2019 from https://phys.org/news/2011-09-intel-mcafee-preview-rootkit-weapon.html (PhysOrg.com) — Letting everyone know that today’s computing is no longer about running good anti-virus software, McAfee this week presented a new technology approach in computer protection called DeepSAFE, designed to combat the newer forms of deeply-rooted malware that embed themselves outside the operating system and go undetected. What is special about DeepSAFE is that it goes beyond the operating system to do “kernel-mode rootkit prevention,” according to McAfee, making the announcement at this week’s Intel Developer Forum in San Francisco.last_img read more