UK and Dutch regulators to increase co-operation ahead of Brexit

first_imgAndrew Bailey, FCA chief executiveAndrew Bailey, the FCA’s chief executive, said that “given the increasing interconnectedness of markets for financial services, close relationships with other countries’ regulators helps to ensure that we can protect consumers and maintain our oversight of firms and markets”.Merel van Vroonhoven, chair of the AFM, added that UK financial institutions moving to the Netherlands, including traders and trading platforms, would impact its capital markets and trading infrastructure. The FCA and the AFM said that the agreement extended their already tight bond, and would develop their relationship in areas such fintech and proactive and data-led supervision methods, as well as encourage proper behaviour within firms. UK and Dutch financial regulators are to intensify their co-operation in order to protect and enhance the integrity and stability of the financial systems in both countries.The UK’s Financial Conduct Authority (FCA) and the Dutch Financial Markets Authority (AFM) have signed a joint agreement to formalise this partnership.The supervisors said that close co-operation and information sharing was vital to developing global markets and effective oversight of firms and capital markets, following the UK’s announcement of its intention to withdraw from the EU.Since the UK confirmed its intention to leave in 2017, many financial institutions currently operating in the UK and the Netherlands have applied for a licence to operate in both countries.center_img Merel van Vroonhoven, chair of AFM“The closer co-operation with the FCA will improve our position to protect investors and capital markets through sharing of information and expertise to minimise risk,” she said.Both regulators said that they would also share best practices, explore the scope for secondments between them and develop training opportunities.The closer co-operation would apply in both a deal and no-deal Brexit scenario, the regulators said.last_img read more

Liverpool can claim title with help from Man City’s opponents

first_imgLiverpool can still wrap up the Premier League title this week despite a 0-0 setback against Everton on Sunday, but they need other results to help them.Jurgen Klopp’s red men need just five points to secure their first league title since 1990, having built a 25-point lead ahead of Manchester City before the coronavirus-enforced suspension. Should City fail to beat Burnley on Monday, a win at their Anfield home against Crystal Palace on Wednesday would confirm Liverpool’s status as England’s new Premier League kings.Pep Guardiola’s side also travels to fourth-placed Chelsea on Thursday and any dropped points at Stamford Bridge could also hand Liverpool the title.Defender Trent Alexander-Arnold says the long break has been “frustrating” but he remains upbeat that the reigning European champions will eventually receive their much-anticipated reward.“If you can imagine your ultimate dream and be so, so close to it – two steps away from it really – and someone saying, ‘you need to wait over 100 days then you might get it’. It was quite frustrating,” said Alexander-Arnold.“But the league position hasn’t changed, our mentality hasn’t changed and that is to win every game, push boundaries, break records, win the league and be remembered.” At the bottom of the table, it is much tighter with West Ham United sitting equal to 18th-placed Bournemouth’s 27 points on the edge of the relegation zone.The Hammers were beaten 2-0 by Wolverhampton Wanderers in their restart fixture on Saturday and French defender, Issa Diop, says they are feeling pressured ahead of Tuesday’s trip to Tottenham Hotspur.“We have to find a level and win games quickly,” Drop said.“I think it’s easy to say but it’s hard to do it, but we have to do it and we’re going to give everything to do it.“I hope we’re going to do it in the next game. We have no choice.” Brighton travel to third-placed Leicester in Tuesday’s other game full of confidence after a last gasp 2-1 win over Arsenal helped them earn a five-point gap from the drop zone.“It feels amazing, a big three points for us,” said Brighton boss, Graham Potter.“We know where we are at, we know the margins are small in the Premier League and you have to turn them in your favour and that’s what we have tried to do.“Regardless of the table, we have to keep fighting.”RelatedPosts Lampard: I still have confidence in Tomori Mane double eases Liverpool to win over 10-man Chelsea EPL: Chelsea, Liverpool in cagey duel On Wednesday, Manchester United and Nuno Espirito Santo’s Wolves are neck and neck in a battle for a Champions League spot, which could be the fifth-place if Manchester City’s two-year UEFA ban is upheld.United and Wolves both have 46 points in fifth and sixth as Ole Gunnar Solskjaer’s side host Sheffield United while Wolves are visited by Bournemouth.Solskjaer’s attacking options have been boosted by the return of French midfielder Paul Pogba, who played well alongside Portuguese January signing Bruno Fernandes on Friday against Spurs.“We’re a club that wants the best players in the world playing together,” said Solskjaer after the 1-1 draw.“I think Paul showed he can play with Bruno.“Paul got a penalty for us and Bruno scored the goal.”In Wednesday’s other matches, Aston Villa travels to Newcastle United and bottom club Norwich City host Everton.Then, on Thursday before City play Chelsea, Arsenal visit Southampton and Burnley face Watford.dpa/NAN.Tags: Burnley FCChelsea FCEnglish Premier LeagueEPL titleLiverpoolManchester Citylast_img read more

Mangakahia, Drummond combine for 55 points in Syracuse’s 81-74 defeat of Northwestern

first_imgUPDATED: Dec. 1, 2017 at 1:34 a.m.Tiana Mangakahia charged down the left wing and pushed Syracuse’s transition one minute into the opening frame. When she pulled up, Miranda Drummond sprinted past her and curved around her defender, leaving her halfway between the 3-point arc and the baseline. Mangakahia’s bounce pass gave Drummond an open lane and SU’s first two points of the game.That play was the first of many times the duo connected on a back-door cut, always Mangakahia to Drummond, and it surprised their coach Quentin Hillsman.“I have nothing to do with (the backdoor cuts),” Hillsman said. “We have not one back-door play in our playbook … That’s all them … I am so sincere in telling you that we do not have a backdoor play.”Such a play, and others, displayed the duo’s communication that Syracuse (7-0) would rely on during its 81-74 victory against Northwestern (5-3) in the ACC-Big Ten Challenge Thursday night in the Carrier Dome. Both Drummond (29) and Mangakahia (26) set career-highs in scoring and accounted for more than half of the Orange offense. Mangakahia added a game-high 12 assists, and Drummond led SU with 11 rebounds. In crunch time, with the team’s trading baskets and leads, the pair scored SU’s last 20 points. NU had 21 in the fourth quarter.AdvertisementThis is placeholder textThe Wildcats entered the game with the best scoring-defense in its conference, limiting teams to 54.3 points per game. SU’s two first-year players combined for 55.“They are both very smart basketball players,” Hillsman said. “ … Miranda has a really good sense of when to cut hard to the rim and we all know if she does that, Tiana is definitely going to find her.”After the duo’s initial layup to start the game, Mangakahia drove and kicked it to Drummond who hit a 3-pointer from the left wing. The next time down the floor, Mangakahia again found Drummond for a layup. On the night, eight of Mangakahia’s 12 assists were converted by Drummond.Codie Yan | Staff PhotographerSyracuse knew it needed to control pace of play to win the game. On film, Hillsman recognized that Northwestern’s half-court defense was its strong suit. To combat this, he urged his team to run the floor. After an SU rebound, Mangakahia routinely hovered to the elbow, caught the outlet and pushed transition. Syracuse recorded 11 of its 20 fast-break points in the first. Many of which came from the Mangakahia-to-Drummond connection.“They don’t like a fast-paced game,” Mangakahia said. “Pushing the ball on them was one of our key points going into that game.”In the second quarter, the Wildcats clamped down. SU was forced to run its half-court offense, which normally consists of Mangakahia driving and kicking to shooters. But when the guard looked up for a pass, she saw a swarm of purple jerseys.Mangakahia adjusted by rushing the lane and looking for baskets instead of assists. A smaller guard at 5-foot-6, she used a litany of moves – a crossover, behind-the-back dribble and hesitation – to blow by the taller Wildcat defender.“The first play of the second quarter, I settled for a 3,” Mangakahia said. “The coaches on the sideline were like, ‘They can’t guard you, attack, keep attacking,’ That helped me.”Coming out of the break, SU’s press stymied NU and quickened the pace. With just under nine minutes left in the third, Drummond finished a layup. Mangakahia stole a pass and made a layup of her own. Then, Drummond knocked down a 3-pointer from the wing. SU regained the lead with a 7-0 run in the 1:42 span.The teams were played at a pace Syracuse was comfortable in the fourth quarter. Behind Mangakahia and Drummond, the Carrier Dome crowd saw two players dominate in a way it hadn’t seen since last year.Drummond said that the duo’s chemistry started this past summer in pick-up games. The redshirt junior liked to cut to the basket and Mangakahia always looked to drive and dish. Eventually, one would nod to the other while on offense and their unofficial play started. Syracuse relied on that Thursday night.Last season, SU graduated two program greats in Alexis Peterson and Brittney Skyes. The pair carried the Orange to the second round of the NCAA tournament and combined for 54 percent of SU’s points. The duo of Mangakahia and Drummond have accounted for 43 percent of the Orange offense. Hillsman has said all year it would need to rely on more than just two players to win. But so far, it has done just that.“I thought Miranda was amazing, she was fantastic tonight,” Hillsman said. “Tiana, another monster performance. We have players that are digging in and playing like that you have a chance to be really good.”CORRECTION: In a previous version of this post, Tiana Mangakahia’s status during the 2016-17 season was misstated. Mangakahia did not play basketball at the college she attended that year. The Daily Orange regrets this error. Comments Facebook Twitter Google+ Published on November 30, 2017 at 11:12 pm Contact Nick: | @nick_a_alvarezlast_img read more

Up The League – Saturday, March 28

first_imgGeoff Peters discusses all the top Football League news and looks ahead to his weekend’s action on the latest Up The League show.Preston North End star Kevin Davies discusses their promotion bid and what it would mean for him to help them win promotion, while Geoff also cahts with Burton Albion boss Jimmy Floyd Hasselbaink.last_img