No UK input to IORP stress test as EIOPA flags ‘insufficient coverage’

first_imgAccording to the minutes, EIOPA is to address the matter in “a formal response”.A spokesman for the UK’s pensions regulator (TPR) told IPE it had written to pension schemes in May to alert them to the stress test exercise and provide them with details on how to take part.“However, no UK schemes chose to participate in the stress test and as a result no UK data has been submitted,” the TPR spokesman said.James Walsh, head of membership engagement and lead on EU issues at the Pensions and Lifetime Savings Association, said this made sense given it has been the government’s policy to take the UK out of the EU.“TPR took a light touch approach previously by doing the UK return itself rather than asking pension schemes to do so, and two years on TPR would have been anticipating we’d have left,” he said.According to a source, stress test input from at least one other country has been limited.EIOPA’s founding regulation requires it to perform stress tests of occupational pension funds – IORPs  (Institutions for Occupational Retirement Provision) – and insurers on a regular basis. The 2019 IORP stress test is supposed to cover 20 countries in the European Economic Area with “material” IORP assets, defined as more than €500m by the end of 2018.For the first time the IORP stress test this year included a component explicitly to do with environmental, social and corporate governance (ESG) risks.EIOPA has previously said it expected to publish the report on the outcomes of the stress test by the middle of December. No UK data has been provided to EIOPA for the purpose of its 2019 stress test of European pension funds, IPE has learned.EIOPA – the European Insurance and Occupational Pensions Authority – has been carrying out the stress tests every two years. The national supervisory authorities are responsible for co-ordinating the exercise in their member states.According to EIOPA, pension funds had until the middle of June to complete the exercise and submit the results to their national supervisors, who in turn had until the end of August to submit material to EIOPA.However, according to minutes from the latest meeting of EIOPA’s board of supervisors, there has been “insufficient coverage and shortcomings in the national application” in relation to the 2019 stress test. EIOPA did not respond to a request for clarification from IPE.last_img read more

Conrad Petroleum in ‘successful appraisal’ of Mako gas field

first_imgConrad Petroleum has successfully appraised the Mako gas field with the Tambak-2 well located in the Duyung PSC in the West Natuna Basin, offshore Indonesia.  The Tambak-2 well was spud on October 4 and was designed as an appraisal of the southern area of the Mako gas field. The well was drilled using the Asian Endeavour-1 jack-up rig.Empyrean Energy, Conrad’s partner in the PSC with an 8.5 percent interest, said on Monday that the Tambak-2 was drilled to a total depth of 503 meters true vertical depth subsea (TVDSS) on October 12, 2019.“The coring program, wireline logging, and pressure surveys have now been completed and confirm the well as a successful appraisal of the Mako gas field,” Empyrean stated.According to the company, the top reservoir depth came in as expected, some three meters up-dip from the Mako South-1 well.The company added that the well had developed upper sandstone unit, greater thickness, and overall quality than predicted with wireline logs showing excellent porosity, and permeabilities.Lower unit present, providing overall reservoir thickness of around ten meters, relative to 7.3 meters seen in Mako South-1.An independent review by Gaffney Cline & Associates had previously ascribed gross 2C resources of 276 Bcf (48.78 MMboe) of recoverable dry gas in the Mako field with gross 3C resources of 392 Bcf (69.3 MMboe) representing additional field upside.The next step in the campaign is an extensive drill stem test (DST) program, which will take place in the coming days.Empyrean CEO Tom Kelly said: “The fact that we have confirmed good quality reservoir at a 13.5km step out from the Mako South-1 discovery well is an excellent step forward for this project.“The wireline logs confirm excellent porosity and permeability, and we look forward to the flow testing program to commence.“This is excellent news and progress so early on in our drilling campaign and, with a further well with additional high impact exploration potential to come, we look forward to updating our shareholders of further progress.”Coro Energy, another partner in the PSC, said in a separate statement on Tuesday that the large step out from the Mako South-1 well might move 100 bcf from the 3C category to the 2C category, which could represent a very significant value addition.James Menzies, Coro Energy CEO, stated: “Coro’s first well in Indonesia has delivered a great result […].“We believe the quality of the reservoir found will convert significant volume from the 3C to the 2C resource estimates for the field and add material value to the asset.“Focus now switches to the next step in the campaign, we look forward to the results of the well testing program and thereafter further appraisal and exploration drilling will follow which we see as further significant value catalysts.”last_img read more

Lampard refuses to ‘push’ Chelsea players

first_img Promoted ContentFantastic-Looking (and Probably Delicious) Bread ArtInsane 3D Spraying Skills Turn In Incredible Street Art8 Most Expensive Mistakes The World Has Ever MadeThe Funniest Prankster Grandma And Her GrandsonBest & Worst Celebrity Endorsed Games Ever MadeWhat Happens To Your Brain When You Play Too Much Video Games?Birds Enjoy Living In A Gallery Space Created For Them5 Of The World’s Most Unique Theme Parks6 Ridiculous Health Myths That Are Actually True10 Risky Jobs Some Women DoBest Car Manufacturers In The World7 Universities In The World Where Education Costs Too Much Loading… The Blues squad continue to train at home during the lockdown initiated by the government. Given the current situation, the target date for a resumption of games from April 30 appears very optimistic. Lampard, though, feels there is little else everyone at the club can do but try to stay focused on the bigger picture. “It is very difficult at the moment because we have got nothing concrete in front of us,” Lampard said in FaceTime interview with Chelsea’s ‘The 5th Stand’ official club app.Advertisement Chelsea boss, Frank Lampard, accepts clubs cannot expect players to “push and push” themselves during the coronavirus pandemic – with no concrete timetable as to when football will return. “We have seen that things can change very quickly, so we can only go by the dates we have been given, at the moment it looks like May 1 or the end of April. “But daily or probably weekly we are looking at it, saying: ‘well, how do we train? What does it look like? “The last thing I want to do at this moment when the players are in this position when we don’t know when the games are going to be is to try and push and push and push (them) for no reason.” Read Also:Anjorin appreciates Chelsea youth coaches on Lampard staff Callum Hudson-Odoi is recovering well after testing positive for coronavirus earlier in March. FacebookTwitterWhatsAppEmail分享 last_img read more

Tokyo Olympic organising members tests COVID-19 positive

first_imgTOKYO: A member of the Tokyo Olympics organising committee has tested positive for COVID-19. The committee said in a statement on Friday that the female staffer has been working from home since July 30 and her last day working on-site at any Tokyo 2020 facility was on July 29. “The Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) confirmed this morning that a female employee in her 30s employed at a Tokyo 2020 office in Harumi in Tokyo’s Chuo ward tested positive for COVID-19. This is the second recorded case of infection in this organisation,” said the organising committee in its statement. “Tokyo 2020 will continue to work with relevant organisations to prevent the spread of COVID-19 and take all necessary measures to maintain a safe and secure working environment for our staff.” Earlier in April, Tokyo 2020 had said that a male employee had tested positive for the pandemic that has forced an unprecedented postponement of the Games itself. He had been working at the Tokyo 2020 main office in Harumi, Chuo-ku, in east Tokyo. Tokyo 2020 employees had prior to that been asked to work from home after Japanese Prime Minister Shinzo Abe declared a state of emergency in the capital, Osaka and five other prefectures in early April. IANS Also Watch: AASU, AJYCP, Gorkha Union Join Against CAA, EIA in Digboilast_img read more

Cambridge United release midfielder Lambe

first_img(CMC) – MIDFIELDER Reggie Lambe, a former Bermuda captain, is looking for a new club after being released by English League Two club Cambridge United.Lambe, 29, who joined Cambridge in 2018 on a two-year deal, is one of nine out-of-contract players being released at Abbey Stadium this summer.Lambe joined Cambridge after two seasons at Carlisle United following two seasons at League Two rivals Mansfield Town.Earlier, Lambe had spells with Ipswich Town, now an English League One side, where he began his professional career, and in Toronto’s Major League Soccer and Nykopings in the third tier of Swedish football.Meanwhile, fellow Bermudian Jonté Smith’s future at League Two outfit Cheltenham Town is also up in the air.Smith, a 25-year-old striker, will be a free agent from June 30.Manager Michael Duff said he was currently “not in a position” to offer new deals to the club’s 11 out-of-contract players, including Smith, the son of former Bermuda national cricket coach Clay Smith.Duff said: “I don’t know what my budget will be or what division we will be in so I am not in a position to offer people anything.“I feel for the players as they want to know.”League Two clubs have unanimously expressed their wish to end the regular season with nine or 10 matches left owing to the coronavirus pandemic. Cambridge United were in 16th place.But Cheltenham, Northampton Town, Exeter City and Colchester United are still in line for a place in League One as the English Football League still hopes to stage the regular end-of-season play-offs.The semi-finals are planned to take place behind closed doors over two legs at the clubs’ grounds with a final to follow.Crewe Alexandra, Swindon Town and Plymouth Argyle filled the top three spots when play was halted and are expected to win automatic promotion to League One.last_img read more

Women’s LAX wraps up season with ASU victory

first_imgThe Trojans return to Los Angeles after dominating the Arizona State Sun Devils in a 19-2 victory on Saturday. The victory continues a streak of dominance that includes a 17-7 win last week against San Diego State and concludes the regular season for the Women of Troy. The Trojans are set to rematch ASU on Thursday in the first round of the Pac-12 Tournament.Senior defender Lydia Sutton has recorded 40 ground balls in her final season, moving her career total to 133. Ling Luo | Daily TrojanThe win improved USC’s record to 2-0 against Arizona State and marked the team’s first-ever game played in Arizona. The Women of Troy were an unstoppable force on the field, entering the Pac-12 Tournament as the third seed. The Women of Troy dominated ASU throughout the game. The Trojans started off strong against the Sun Devils, scoring 3 goals unanswered before Arizona State’s junior attacker Kerri Clayton could score to bring the score to 3-1.The first half ended heavily in favor of USC, with a score of 12-1. In fact, in the 35 minutes following Arizona State’s first score, the Trojans put 15 points on the board while the Sun Devils were held scoreless through most of the second half. By the time Clayton scored her second goal of the day, the 18-2 deficit was too much for the Sun Devils to overcome. The Trojans added one more score as the second half wound down to make the final score 19-2 in favor of USC. As a whole, the Trojans collected a season-high 18 draw controls led by junior defender Jackie Gilbert, who set a single-game season high with 12 draw wins.  Gilbert’s performance on Saturday set a new career-high for her, as she moves into third in USC history with 87 draw controls. Gilbert also scored her first goal since scoring 2 in one game during her freshman season. Sophomore midfielder Kerrigan Miller continued to be a strong asset for the Trojans by posting her fifth hat trick of the season and the 11th of her career. Miller finished with 3 goals, two assists, three ground balls and two caused turnovers against the Sun Devils. She is currently tied with Gabby McMahon (2014-2017) for sixth place in career points accounted for as a Trojan with 97.    Freshman midfielder Kelsey Huff continued a promising career as a Trojan by scoring 3 goals for her fifth career hat trick and adding two assists. Huff’s stellar performance was imperative to the Trojans’ success over the weekend and she will be a valuable member of the team entering the Pac-12 Tournament. In her last regular season game as a Trojan, senior defender Lydia Sutton led all players with five ground balls to go along with one caused turnover. The All-American defender has been a valuable part of the team’s success all season and Saturday’s win over Arizona State was no different. Sophomore midfielder Kaeli Huff was also able to contribute 2 goals to Saturday’s total. With those goals, Huff moved into ninth on the all-time career points scored list.Sophomore attacker Izzy McMahon, who ranks third on the team in points scored, continued a stellar season with 2 goals scored against the Sun Devils on Saturday. Sophomore attacker Hope Anhut closed out her first season as a Trojan with 2 goals against the Sun Devils. Graduate attacker Maeve McMahon played well in her last regular season game as a Trojan adding a goal against Arizona State to her statline to go along with a stellar season where she led the team in assists.Coming off of a two-game winning streak where the Trojans have won by a combined 36-9, the Women of Troy are entering the Pac-12 Tournament the third-ranked team in the conference. The Trojans, who are 2-0 all-time against Arizona State, will be traveling to Boulder, Colo. this Thursday to play the Sun Devils  again, this time at a neutral site.last_img read more

Munster confirm new deals for Flannery & Jones

first_imgPhoto: © Munsterrugby.ie Team Manager Niall O’Donovan has signed a three-year deal. Munster have confirmed that Jerry Flannery and Felix Jones have both signed two-year contract extensions.Flannery who had been scrum coach is now confirmed as the forwards coach for next season after taking over the role following the death on Anthony Foley last year.Jones has been made Backline and Attack Coach.last_img

Four Medals for BiH on the Balkan Table Tennis Championship!

first_imgSenior table tennis representation of BiH (U-21)  completed the performance on the Balkan Championship in Niksic by winning four medals!After the female representation of BiH won silver medal and male representation won bronze medal, BiH won two more medals in the doubles competition.The best BH table tennis player Emina Hadziahmetovic won the gold medal in pair with Serbian Izabela Lupulesku and the title of Balkan Champion. They were better in finals than Truzinski and Maksuti pair from Serbia with the score 3:2 in sets.BH representative Sinisa Marcetic won bronze medal in pair with Hristijan Jovanovski from Macedonia.For male national team of BiH performed Edin Gutic, Kenan Zahirovic and Sinisa Marcetic with selector Vladimir Ivanek.Female national team of BiH included: Emina Hadziahmetovic, Elda Sehic and Snezana Markovic along with selector Amela Hadziahmetovic – Mujezinovic.(Source: Radiosarajevo.ba)last_img

Report of the loan players: surprises and disappointments

first_imgUros RacicThe two transfers that the young Serbian midfielder has experienced they seem to be too small. Last year at Tenerife was a real sensation and this season is indisputable in the revelation team of the Liga NOS, Famalicao. There are 29 matches that the footballer has played, 22 of them as a starter, including the momentous semifinals of the Portuguese Cup against Benfica. His good performance well serves to draw the attention of the club to which he belongs, but its short-term future seems difficult to turn black and white for the same reason that it has not found a place in the last two years: Kondogbia and Coquelin and the tough competition that would take to count minutes. Despite this, the market will mark his possible return as several Premier clubs have tempted Kondogbia. In any case, it has appreciated and aroused the interest of several clubs in the Portuguese league and Valencia could use it in operations such as Diogo Leite’s to lower the cost.Contract expires: June 30, 2022. Alex WhiteThe 21-year-old attacker has failed to claim ownership at Zaragoza but has settle like a shooter from the bench leaving good feelings, his 24 games played, although only six as a starter, thus they demonstrate it. At 21 he is at a key moment in his professional career, his contract expires next summer 2021 and Mestalla’s offices must decide whether to renew the link or not. Versatile to play on both bands, his future will be determined by what happens with Ferran TorresIf he leaves he may have a chance, but if Foios’ player renews it, it will be much more complicated.Contract expires: June 30, 2021 Alex CentellesIt is being earned that, at a minimum, he will be taken into account from Valencia for the coming season. The left side plays with Racic at Famalicao and, like the Serb, is also entrenched in the eleventh place of the seventh place in Portugal. Like Jordi Alba and Juan Bernat, the Valencian is a winger converted to winger at the Valencian Academy who mixes offensive power with good defensive skills, in fact Marcelino already took it off preseason. The player seems to have a difficult time making a hole at Valencia with Gayà indisputable and Lato who will return on June 30However, his current performance is enough for the club to rethink his situation.Contract expires: June 30, 2023.GONZÁLEZIRANZO & nbsp; (DAILY) ‘); return false; “class =” item-multimedia “>CENTELLES IN A WORKOUT LAST YEARGONZÁLEZIRANZO (DAILY) Toni LatoThe loan in which you have more confidence for next year, but the most unsuccessful loan of the current season. Without minutes at PSV, he arrived in Pamplona with the confidence of Jagoba Arrasate, but in the first two months he was injured and just a week after he became a footballer again – he was a starter against Sevilla – the break came for COVID-19 to, again, cut his continuity. The youth squad has proven to have skills but has not found the place to display them, the idea of ​​the club is for him to return next year to occupy the position that he himself wanted to leave this year: be the alternative to Gayà. And although he has all the ballots for that to happen, competition has arisen.Contract expires: June 30, 2023 Playing for Valencia is a dream for many footballers who, even signing for the club, still do not comply. The entity of Turia has managed by means of transfers to exploit the talent of great players who have later been able to shine in the team, this was the case among others with David Silva and Paco Alcácer, But he has also sought loans for footballers that he signed and have not met expectations. This season they are six players seeking to claim on other teams and take advantage of the course to demonstrate that next year they can have a place on the campus. Some of them have managed to attract the attention of the football scene, others, however, have not even been able to count on many minutes. Alex CarbonellValencia signed this young midfielder just a year ago together with Jorge Saénz and Manu Vallejo and as with them, he let the season end in Córdoba after his departure from Reus due to the administrative problems of the Catalan team. Without making a lot of noise or hogging many light bulbs, He left on loan to Fortuna Sittard of the Eredivise and has established himself as a rotation player there. Raised in ‘La Masía’ and with DNA Barça, the absence of replacement for Dani Parejo leads us to think that the next preseason will have the opportunity to prove its worthcenter_img ALEX BLANCO WITH EL ZARAGOZADAILY Jason RemeseiroThe 25-year-old right winger goes through a season irregular under the orders of Bordalás. Until Christmas he had played practically everything and was a fixture in the starting lineup, in fact from Getafe it transpired that the azulones were preparing an offer to keep it owned. However, since December 1 its presence has been diluted to the point that he has not played in LaLiga since that date. The remaining eleven days will be key to claiming and re-gaining the trust of the club in which he is on loan. His possible return to the capital of Turia will be marked by the future of Ferran Torres, because if he leaves there will be a vacancy in his position, in any case the former Levante is a player who It has market value.Contract expires: June 30, 2022.DAILY ‘); return false; “class =” item-multimedia “>JASON WITH THE GETAFEDAILY Jorge SáenzAnother complicated transfer and that is not giving the expected result, the central today is the fourth defender at Celta de Vigo and has barely played five games. Conditions are not lacking, under-21 international, 1.90cm tall, fast, good aerial game and one of the best defenders of LaLiga Smartbanck last season, but he has not been able to exploit them in Vigo where a debut in which he was sent off has weighed him down. In addition, since Oscar García arrived on the bench He is the only outfield player who has not had minutes, so it seems that he lacks the coach’s confidence. It still remains another loan season at Celta, Valencia wanted to play it back after Garay’s injury, but ultimately did not pay the 3 millions of the penalty clause.Contract expires: June 30, 2024. DAILY ‘); return false; “class =” item-multimedia “>LATO WITH VALENCIADAILYlast_img read more

Tivoli look to maintain good form in 2017

first_img HEADED HOME Wellington has scored four goals but could be heading back to his home club. “Rodico (Wellington) wants to return. He has been training (since late December). He is from the area and represented the club,” Edwards disclosed. Edwards also said that the key to Tivoli doing well is the discipline. “The discipline has been good. However, we want better attitude from the players towards the game,” he shared. Edwards praised veteran Jermaine ‘Teddy’ Johnson for his leadership on and off the field. Johnson who is 36 year-old is the club’s leading marksman on eight goals. He is only one goal off leading striker Shamar Nicholson of Boys’ Town. “Teddy is not getting younger, he has a responsibility to keep the team together. He really wants to play and win titles at the club. He is the first to reach training and the last to leave,” Edwards said about Johnson who represented Jamaica and also played club football in England. When quizzed about his team’s chance of winning the premier league this year, Edwards responded: “Based on the quality players, we can stay in the top six and take it from there.” Tivoli will next play against promoted Maverley-Hughenden when the RSPL resumes on January 8. Tivoli Gardens are looking to bolster their Red Stripe Premier League (RSPL) squad with one or two players during the January transfer window, which opened on Sunday. The West Kingston-based outfit enjoyed a good run last year and are currently in second position on 32 points, three behind leaders Montego Bay United (35). They have won 10 games, drawn twice and suffered five losses in their 17 league games. They have scored a league high 27 goals and conceded 14 times. However, coach Omar Edwards, who took over from Glendon ‘Admiral’ Bailey last summer says there could be additions to the team. “I understand that one or two players are interested in joining the team,” said Edwards. One of those players is Rodico Wellington, who started the season at promoted Maverley-Hughenden.last_img read more