League’s Oceania Cup postponed

first_imgThe series, which was to include a much-anticipated rematch between Tonga and New Zealand and other tests involving Samoa, PNG and the Cook Islands was originally scheduled for June.However the Asia Pacific Rugby League Confederation said it was now looking at delivering fixtures in October and November.Deputy Chair Greg Peters said the unprecedented measures had to be taken for the safety and well-being of players, staff and supporters.”With the recent announcement on mass gatherings and the unpredictability of this pandemic, the safety and well-being of our players, staff and supporters remain a priority,” he said.”We are also very conscious of the current demand on some of our players due to the travel restrictions in place which we will be taking into full consideration going forward.”Peters admitted that even if restrictions were lifted before the event date, it would not be feasible to undertake the work required to deliver the June tests.”The best-case scenario is our calendar is postponed, depending on what the NRL season looks like the back end of the year, but of course, we cannot guarantee anything at this stage.””We are in unfamiliar and unknown territory; collectively, we are all feeling the widespread impact of this pandemic but rest assured, we will be exploring every possible option,” Peters said.Chairman Sandis Tsaka said there were still hopes all nations would be able to play at least once this year.”We’re going with a Plan B where we are putting all the Oceania Cup matches towards the end of the year.”Obviously that would require a lot of discussion between the NRL and the Super League around how they would structure their seasons going forward,” he said.”We will need to see whether we are struggling with the State of Origin, the NRL and Super League matches because the Oceania Cup is mostly made up of players competing in those competitions so we’ll be liaising with them to find an appropriate time within the calendar towards the end of the year around November but obviously everyday the situation is evolving.”last_img read more

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Congressman Exploring New Strategy to Amend DoddFrank Act

first_imgCongressman Exploring New Strategy to Amend Dodd-Frank Act Share in Daily Dose, Featured, Government Representative Mike Fitzpatrick (R-Pennsylvania) said he will be exploring a change in strategy in order to get some regulatory relief passed, after a bill that would address 12 separate fixes to the Dodd-Frank Act was thwarted by the Senate. Fitzpatrick, a member of the Financial Services Committee has introduced a bill that would give banks an additional two years to dispose of collateralized loan obligations as required by the Volcker Rule, on two separate occasions, according to a report.In January, the house passed the bill by a vote of 271 to 154, with 29 Democrats voting in favor of it. However, Senate Democrats led by Senator Elizabeth Warren (D-Massachusetts) vowed to fight the bill and it failed to pass. Democrats, including Warren, have said they worry that bills that claim to be aimed at relieving regulatory burdens for small banks are being used to roll back Dodd-Frank for the benefit of the largest financial institutions.Fitzpatrick noted Tuesday that each of the individual bills included in his legislation, the “Promoting Job Creation and Reducing Small Business Burden Act,” had bipartisan support when they either passed the full House or his committee. But when packaged together, they have drawn the ire of more liberal Democrats.“These are the bipartisan ideas,” Fitzpatrick said following an appearance in New York. “You package them together and put them on the floor. Then [Sen. Elizabeth Warren, D-Ma.] comes out against one of the 12, and all of a sudden we lose all our support.”The Pennsylvania Republican said that he may have to consider a new approach to getting some regulatory relief done, including possibly lifting the asset threshold, that banks used to be determined systemically important financial institutions, from the $50 billion where it currently stands and providing regulatory relief for small banks.center_img Dodd-Frank Financial Services Committee Mike Fitzpatrick 2015-03-12 Samantha Guzman March 12, 2015 563 Views last_img read more

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