Beloved trio Medeski Martin & Wood formed in 1991, and they haven’t looked back since! Comprised of John Medeski, Billy Martin and Chris Wood, each musician brings an incredible amount of musical talent to the table, compounded by their seemingly telepathic inter-connections that result in some of the tightest grooves and wildest improvisation.MMW recently let fans in on plans for a new album, and today they’ve made quite the fun announcement. The trio will hit intimate NYC club Le Poisson Rouge for two nights in October, the 19th and the 20th, to celebrate their 25th anniversary. Will there be new music on the table? There’s only one way to find out!Tickets for the shows go on sale on Friday June 17th, and can be found here for night one and here for night two. We’ll leave you with some Medeski Martin & Wood jams for the road.
The Harvard Library and the Berkman Center for Internet & Society at Harvard University are pleased to announce the appointment of Peter Suber as director of the Office for Scholarly Communication (OSC), starting July 1, 2013. Suber will continue his current activities as director of the Harvard Open Access Project, based at the Berkman Center, as well as his affiliations as a Berkman faculty fellow, senior researcher at the Scholarly Publishing and Academic Resources Coalition (SPARC), and research professor of philosophy at Earlham College.Suber’s new role with the OSC closely aligns with his work leading the Harvard Open Access Project. Both are driven by a common vision for opening access to cutting-edge research for everyone who can make use of it. Integrating the two roles into one position will allow the projects to better share strategies, staff, resources, and knowledge, and accelerate the progress of open access both within and beyond Harvard.Suber is taking over executive leadership of the OSC from Stuart Shieber, Welch Professor of Computer Science in Harvard’s School of Engineering and Applied Sciences and founding faculty director of the OSC. Shieber will continue as faculty director, though with a reduced role, co-chairing the Faculty Advisory Committee to the OSC with Suber, serving in an advisory capacity to the office, and working on individual projects with the OSC. Sue Kriegsman, OSC program manager, will continue to oversee the office’s operations and staff, as the activities of the office continue to expand and mature. Read Full Story
The FCA’s comments echoed those made by the Bank of England – of which the FCA is a part – in 2014, when then-executive director for financial stability Andrew Haldane said it was viable to consider the risks to the wider economy of the collapse of an asset management company.The FCA also confirmed its plan to publish the final report into its asset management market study in the second quarter of 2017. As well as reiterating its findings from the market study, the regulator also highlighted other areas of concern, including asset managers overpaying for services and custody banks’ reluctance to invest in IT systems.Amanda Rowland, asset management regulation partner at PwC, said the regulator’s focus on liquidity management supported “broader operational concerns” linked to the UK’s imminent exit from the European Union. It also indicated that “some movement around enhanced stress testing and redemption disclosure is possible”, Rowland added.“While acknowledging that Brexit will require regulatory flexibility, the FCA has focused on asset management initiatives such as cost disclosure and liquidity management that have wider international support and will likely be successfully progressed regardless of where Brexit takes the UK and the FCA,” she said.In the immediate aftermath of the UK’s vote to leave the EU, several open-ended property funds were forced to temporarily close to redemptions due to a high level of withdrawals.Chris Cummings, chief executive of the Investment Association, the asset management trade body, welcomed the regulator’s approach and its willingness for industry dialogue. He added: “As we move into a post-Brexit world, it is vital that the UK regulatory framework continues to foster a globally competitive environment to set up and run an asset management business.” The failure or “disorderly wind-down” of one or several large asset managers could pose a financial stability risk to the UK’s system, the Financial Conduct Authority (FCA) has warned.Outlining its views of various sectors of the UK financial system as part of its annual mission statement and business plan, the FCA said: “Market stability could be affected by the failure or disorderly wind-down of a very large asset manager or several asset management firms as end-investors attempt to redeem their holdings on demand, creating a downward selling spiral.”In its business plan for 2017/18, the FCA said: “Following stakeholder feedback, we will review our policy options and the available tools that asset managers have to manage liquidity when facing redemptions and valuation issues, and assess how adequate they are in managing conduct risks and addressing financial stability concerns. This work should ensure that liquidity management in funds allows for a fair treatment of all customers, including those who remain invested, and does not amplify disruptions to the financial system in stressed market conditions.”International regulators such as the International Organisation of Securities Commissions and the Financial Stability Board have previously suggested treating large asset managers as systemically important, putting them at a similar regulatory priority level as the world’s biggest banks and insurers.
Cllr Mac Giolla Easbuig with Depity Pringle and locals on the island’s pier.Cllr Micheál Cholm Mac Giolla Easbuig and Thomas Pringle TD were given a warm welcome when they arrived on Tory Island on Friday.The public representatives met with locals on issues of concern to the islanders.They heard concerns in relation to water supply, infrastructure, tourism and development of the island. The summer season has been a particularly challenging one for the island community because of the poor weather having an impact on the number of tourists visiting the island.“We look forward to working with the island community to assist with the ongoing development of the island.“We would like to thank the islanders for the invitation and the invitation to return again for future discussions,” said Cllr Mac Giolla Easbuig and Deputy Pringle.PRINGLE AND Mac GIOLLA EASBUIG TRAVEL TO HEAR ISLANDERS’ CONCERNS was last modified: August 2nd, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalTory Island