Questions and Answers. Fund Accounting and Support Services RFP

Size: px
Start display at page:

Download "Questions and Answers. Fund Accounting and Support Services RFP"

Transcription

1 Questions and Answers Fund Accounting and Support Services RFP Date Question OPERS Response 4/11 Page 13 of the RFP requests flexibility to provide minimum services with or without custody of the assets. Please elaborate as this will have a direct impact on any fee proposal. 4/11 Do you anticipate contracting services for both the DB and DC plans? 4/11 Does this RFP include custody of the DB assets listed on pages 4-8 of the RFP or is it limited to the DC assets identified on page 12? 4/11 Please provide additional details about your use and inputs for the Eagle Investment System. Do you run Eagle in-house? What do you rely upon it for? Since OPERS does not have statutory authority to designate its custodial bank, it cannot guarantee that the Vendor will have custody of the assets. OPERS assets are currently held with JPMorgan through October 1, 2016 at which point the State Treasurer s office will have the responsibility of designating a custodial bank for the next period. Therefore, the Vendor must be able to provide OPERS with a price that does not include having custody of the assets. OPERS will expect the services to include fund accounting and supporting services for both the DB and DC plans. Custody of the DB and DC assets is not part of this RFP. Fund accounting and supporting services for both the DB and DC plans is part of this RFP. OPERS currently runs Eagle in-house and relies on the system for validation of the fund accounting and supporting services provided by our current Provider.

2 4/11 Are you looking to have both the DB & DC daily valued and audited? 4/11 Please provide a list of assets by account including the security identifier. 4/11 Please provide transaction counts of the following: *Purchases/Sales- Domestic and foreign (for non-us please provide activity by country) *Paydowns *Derivatives- Purchases/Sales/Complex/OTC *Incoming and outgoing wire transfers The DB plan is daily valued and monthly audited. The DC plan is daily valued and daily audited. We have provided sufficient detail in the RFP for the Vendor to provide a response. Purchases/sales for the domestic and foreign (for non-u.s. please provide activity by country) as follows: Country Buy Sell Trade Count AE 12 AM 1 AN 39 AR 88 AT 401 AU 4100 AZ 20 BB 3 BE 589 BH 6 BM 1341 BO 15

3 BR 2329 BS 5 BY 7 BZ 2 CA 5406 CH 2012 CI 3 CL 100 CN 712 CO 228 CR 18 CW 9 CY 21 CZ 38 DE 2733 DK 663 DO 38 EC 6 EG 94 ES 891

4 EU 8 FI 596 FR 2129 GA 3 GB 8613 GE 16 GG 71 GH 39 GI 11 GR 1139 GT 21 HK 4599 HN 12 HR 70 HU 193 ID 1274 IE 975 IL 795 IM 2 IN 2273

5 IQ 7 IT 1427 JE 136 JO 23 JP KE 4 KR 2877 KY 585 KZ 29 LK 17 LR 43 LT 16 LU 616 LV 5 MA 11 MH 105 MN 21 MU 14 MX 1287 MY 1210

6 NA 3 NG 138 NL 1656 NO 818 NZ 272 PA 164 PE 179 PH 447 PL 415 PR 49 PT 195 PY 14 QA 28 RO 64 RS 10 RU 367 RW 6 SC 1 SE 1547 SG 1865

7 SI 30 SK 8 SN 5 SN 61 SV 24 TH 1131 TR 1113 TT 6 TW 2390 TZ 5 UA 47 UG 2 US UY 49 VE 324 VG 115 VN 2 ZA 1444 ZM 6

8 Derivatives - Futures OPERS is active in 13 accounts. OPERS trades daily with daily wires. Swaps OPERS currently has eight swaps in three accounts. There are monthly resets with daily collateral margining. 4/11 Can you please elaborate on what is meant regarding services for assets not under custody? Is this specifically regarding mutual/collective funds where the fund assets are held elsewhere? Or are you asking that the candidate be able to provide services based upon shadow reporting of assets held elsewhere? 4/11 One of the services required is listed as (u)nitization of DB portfolio managers as an investment option for the DC plan. As we reviewed the current structure, it was not apparent that this was currently occurring. Can you confirm whether or not such a structure is currently in place? 4/11 The RFP describes the target date funds as Option 2- Target Date Funds- in addition to Option 1- Core Investment Options, a series of 6 blended funds ranging from conservative to Forwards OPERS is active in ten funds. On a total level, there are less than five trades per in all funds. Assets that are not under custody will either be depository-ineligible assets that are not custodied by the Vendor/custodial bank and for which only shadow reporting is performed (i.e., derivatives, private equity, etc.). Unitization of DB portfolio managers is not currently in place. The OPERS DC plan has used DB unitized managers in the past and may again in the future. There are 10 Target date funds which invest in seven funds according the allocation table. Four of the seven funds are the same funds available in Option 1.

9 aggressive, based on retirement age, currently invest in the tier 1 Core Investment Options according to the following target allocations. The tier 1 cores are described as a total of six investment options are available to participants as of the effective date of the defined contribution plans. However, the allocation table shows 10 target date funds and allocations to 7 different component parts. While none of the 10 individually hold all 7 components, all 7 components do have an allocation within at least 1 fund. Can you clarify the structures? 4/11 Page 13 of the RFP requests flexibility to provide minimum services with or without custody of the assets. Please elaborate as this will have a direct impact on any fee proposal. 4/11 Do you anticipate contracting services for both the DB and DC plans? The Stock Index and Stable Value funds are not part of Option 2. Since OPERS does not have statutory authority to designate its custodial bank, it cannot guarantee that the Vendor will have custody of the assets. OPERS assets are currently held with JPMorgan through October 1, 2016 at which point the State Treasurer s office will have the responsibility of designating a custodial bank for the next period. Therefore, the Vendor must be able to provide OPERS with a price that does not include having custody of the assets. OPERS will expect the services to include fund accounting and supporting services for both the DB and DC plans. 4/15 The fund count refers to DB and HC Plans combined. Can we please confirm the structure for performance? e.g (Would you prefer each OPERS requires that the following performance be provided: plan performance, composite performance,

10 plan reported separately or with their own set of managers and composites? Please elaborate on the accounting services you require relative to derivatives monitoring, risk control and compliance. 4/15 Do you require Trade Cost Analysis Services as part of the service scope? 4/15 Is OPERS interested in monthly buy hold attribution analysis done on the commingled funds of the DB and HC Plans (leveraging our commingled look through capabilities) or are you mainly looking for exposure information when referring to commingled fund analysis? 4/15 Would OPERS require any sub asset class composites in addition of the listed DB and HC plans asset class composites highlighted in the manager s list? If so how many? 4/15 Please confirm whether OPERS would like any custom blended benchmarks (in addition to the target date funds benchmarks and the policy benchmarks) and how many? 4/15 Please confirm whether OPERS can provide a list of benchmarks required for the DB and HC Plans managers 4/15 In question 11- What benchmarks and universes are available? Are they available online? Are they available daily? How far back do you carry manager performance, DB total Plan Attribution and HC Total Plan Attribution. Services related to derivatives monitoring, risk control and compliance are not part of the scope of this RFP. No trade cost analysis services is not part of the service scope. Yes, we need attributions at the total plan level, both DB and HC for one month and for year to date. Yes, in addition to the listed DB and HC plans asset class composites, we require incentive compensation composites. Currently, there are 15+ composites, which is subject to change. Yes, OPERS does use custom blended benchmarks. Yes, please see the attached list of benchmarks. We need benchmark and OPERS historical returns from inception.

11 historical returns? Is the last question about benchmark historical returns, OPERS historical returns or both? 4/15 When does OPERS anticipate a conversion date? The anticipated conversion date is August 1, 2014.

ANNEX. to the Commission decision on the reimbursement of personnel costs of beneficiaries of the Connecting Europe Facility

ANNEX. to the Commission decision on the reimbursement of personnel costs of beneficiaries of the Connecting Europe Facility EUROPEAN COMMISSION Brussels, 3.2.2016 C(2016) 478 final ANNEX 1 ANNEX to the Commission decision on the reimbursement of personnel costs of beneficiaries of the Connecting Europe Facility [ ] EN EN ANNEX

More information

MODEL ANNEX 2 FOR H2020 GENERAL MGA MULTI ESTIMATED BUDGET FOR THE ACTION. Total costs subcontracting. [F.2 Costs of ] 5

MODEL ANNEX 2 FOR H2020 GENERAL MGA MULTI ESTIMATED BUDGET FOR THE ACTION. Total costs subcontracting. [F.2 Costs of ] 5 i print format A4 landscape MODEL ANNEX 2 FOR H2020 GENERAL MGA MULTI ESTIMATED BUDGET FOR THE ACTION Estimated eligible 1 costs (per budget category) EU contribution Additional information B. Direct costs

More information

Capital and Risk Management Report 2016

Capital and Risk Management Report 2016 Capital and Risk Management Report 2016 Appendix C Nordea Bank Finland Capital and Risk Management Report Nordea 2016 Appendix C Nordea Bank Finland 2 Contents Table/Figure Table name Page C1 Mapping of

More information

Country Classification System

Country Classification System Country Classification System December 2017 2016 S-Network Global Indexes, 267 Fifth Avenue, New York, NY 10016. S-Network Country Classification System 1. Criteria for Developed Market Status Per Capita

More information

Briefing Note. Fiscal transparency in Pakistan: rapid improvement in two provinces

Briefing Note. Fiscal transparency in Pakistan: rapid improvement in two provinces Fiscal transparency in Pakistan: rapid improvement in two provinces In Pakistan, public confidence in the state is undermined by poor service delivery and opaque governance arrangements. In 2014, Pakistan

More information

Lessons from Past Emerging Markets Cycles: Part II (Bonds)

Lessons from Past Emerging Markets Cycles: Part II (Bonds) Lessons from Past Emerging Markets Cycles: Part II (Bonds) In the past five years, the size of Emerging Market corporate and sovereign bonds has increased by over %. This highlights the increasing need

More information

Motion Federal Credit Union

Motion Federal Credit Union Motion Federal Credit Union Wire Transfers: A wire transfer is an electronic transfer of funds from one account to another account made between two financial institutions over the Federal Reserve Wire

More information

Contents. 1 Outline of the WTM system Introduction System design Methodological issues 4. 2 Country classification 9

Contents. 1 Outline of the WTM system Introduction System design Methodological issues 4. 2 Country classification 9 Contents 1 Outline of the WTM system 3 1.1 Introduction 3 1.2 System design 3 1.3 Methodological issues 4 2 Country classification 9 3 Country-level data sources and methods 17 3.1 Industrial production

More information

Scopes *only applicable for Hapag-Lloyd called ports Valid to: Until further notice

Scopes *only applicable for Hapag-Lloyd called ports Valid to: Until further notice North Europe Scopes Europe Scopes *only applicable for Hapag-Lloyd called ports Valid to: Until further notice North Europe* * Country Code Name Exceptions Country Code Name Exceptions BE Belgium DK Denmark

More information

3. Global market returns (6 months) 4. Global market returns (1 week) 5. Global Market Risk and Return AU HU ID TH ZA CA NL DK IE MY BE CO PH LU PE

3. Global market returns (6 months) 4. Global market returns (1 week) 5. Global Market Risk and Return AU HU ID TH ZA CA NL DK IE MY BE CO PH LU PE Axioma Risk Monitor AU4 Edition 7 November 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater

More information

Axioma Risk Monitor UK Edition 30 January 2019

Axioma Risk Monitor UK Edition 30 January 2019 Axioma Risk Monitor UK Edition 30 January 2019 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater

More information

Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network

Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network Frank Takes FENS Greenwich May 19, 2017 Uncovering Offshore Financial Centers FENS Greenwich May 19,

More information

Adverse scenario for the European Insurance and Occupational Pensions Authority s EU-wide insurance stress test in 2018

Adverse scenario for the European Insurance and Occupational Pensions Authority s EU-wide insurance stress test in 2018 9 April 218 ECB-PUBLIC Adverse scenario for the European Insurance and Occupational Pensions Authority s EU-wide insurance stress test in 218 Introduction In accordance with its mandate, the European Insurance

More information

Welcome to the SCOAP 3 Forum!

Welcome to the SCOAP 3 Forum! Welcome to the SCOAP 3 Forum! SCOAP 3 Forum 07 December 2017 SCOAP 3 Forum 2017 07 December 2017 1 The SCOAP 3 Business Model: a reminder 2 Four years of SCOAP3: a review of the results to date 3 SCOAP

More information

(Text with EEA relevance)

(Text with EEA relevance) L 138/189 COMMISSION IMPLEMENTING DECISION (EU) 2017/903 of 23 May 2017 amending Decision 2011/163/EU on the approval of plans submitted by third countries in accordance with Article 29 of Council Directive

More information

Capital and Risk Management Report 2016

Capital and Risk Management Report 2016 Capital and Risk Management Report 2016 Appendix D Nordea Bank Norge Capital and Risk Management Report Nordea 2016 Appendix D Nordea Bank Norge 2 Contents Table/Figure Table/Figure name Page Tables D1

More information

COMMISSION IMPLEMENTING DECISION

COMMISSION IMPLEMENTING DECISION EN 3.8.2013 Official Journal of the European Union L 209/21 COMMISSION IMPLEMENTING DECISION of 1 August 2013 amending Decision 2011/163/EU on the approval of plans submitted by third countries in accordance

More information

Panel on Family Social and Government Policies World Congress of Families VI Madrid, Spain, 25 May 2012

Panel on Family Social and Government Policies World Congress of Families VI Madrid, Spain, 25 May 2012 Benefits or Babies: Will Social Benefits "Crowd Out" Children? By John D. Mueller Lehrman Institute Fellow in Economics, Ethics and Public Policy Center and President, LBMC LLC, Washington, D.C. Panel

More information

EFFICIENCY OF PUBLIC SPENDING IN SUPPORT OF R&D ACTIVITIES

EFFICIENCY OF PUBLIC SPENDING IN SUPPORT OF R&D ACTIVITIES EFFICIENCY OF PUBLIC SPENDING IN SUPPORT OF R&D ACTIVITIES Michele Cincera (ULB & CEPR), Dirk Czarnitzki (KUL & ZEW) & Susanne Thorwarth (ZEW & KUL) 1 Workshop on assessing the socio-economic impacts of

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 13 FROM TO LOCALITIES

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 13 FROM TO LOCALITIES THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 FEBRUARY 2016, FOR THE FOLLOWING COUNTRIES: ARGENTINA,

More information

Official Journal of the European Union

Official Journal of the European Union 31.7.2014 L 228/9 COMMISSION IMPLEMTING REGULATION (EU) No 829/2014 of 30 July 2014 amending and correcting Regulation (EC) No 1235/2008 laying down detailed rules for implementation of Council Regulation

More information

L 263/20 Official Journal of the European Union

L 263/20 Official Journal of the European Union L 263/20 Official Journal of the European Union 2.10.2008 COMMISSION DECISION of 1 October 2008 amending Decision 2004/432/EC on the approval of residue monitoring plans submitted by third countries in

More information

Part C. Impact on sample design

Part C. Impact on sample design Part C. Impact on sample design Ing. Marie Hörmannová, CSc. Business Cycle Surveys Department Introduction In December 2006, the European Council adopted the regulation establishing the revised EU statistical

More information

Official Journal of the European Union L 143/49

Official Journal of the European Union L 143/49 3.6.2008 Official Journal of the European Union L 143/49 COMMISSION DECISION of 2 June 2008 amending Decision 2004/432/EC on the approval of residue monitoring plans submitted by third countries in accordance

More information

Annex I Data definitions and sources

Annex I Data definitions and sources Annex I Data definitions and sources Consumer prices Harmonised index of consumer prices (HICP), Euro area (changing composition), seasonally adjusted, not working day adjusted, ECB calculation based on

More information

Axioma Risk Monitor US4 Edition 26 April 2018

Axioma Risk Monitor US4 Edition 26 April 2018 Axioma Risk Monitor US4 Edition 26 April 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater

More information

Axioma Risk Monitor US4 Edition 3 July 2018

Axioma Risk Monitor US4 Edition 3 July 2018 Axioma Risk Monitor US4 Edition 3 July 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater than

More information

DECISIONS. (Text with EEA relevance)

DECISIONS. (Text with EEA relevance) L 192/36 EN DECISIONS COMMISSION IMPLEMENTING DECISION (EU) 2018/1067 of 26 July 2018 amending Decision 2011/163/EU on the approval of plans submitted by third countries in accordance with Article 29 of

More information

GW, KM, ML, MR, NE, SN, TD, TG). (74) Agents: GARDNER, Jason D. et al; Kilpatrick Townsend & Stockton LLP, Suite 1400, 4208 Six Forks Road, F G.

GW, KM, ML, MR, NE, SN, TD, TG). (74) Agents: GARDNER, Jason D. et al; Kilpatrick Townsend & Stockton LLP, Suite 1400, 4208 Six Forks Road, F G. (12) INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization International Bureau (10) International Publication Number (43) International

More information

Axioma Risk Monitor Developed Europe 2 May 2018

Axioma Risk Monitor Developed Europe 2 May 2018 Axioma Risk Monitor Developed Europe 2 May 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater

More information

Axioma Risk Monitor Developed Europe 4 July 2018

Axioma Risk Monitor Developed Europe 4 July 2018 Axioma Risk Monitor Developed Europe 4 July 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater

More information

Protecting the EU budget through the statistical detection of anomalies in international trade data

Protecting the EU budget through the statistical detection of anomalies in international trade data Protecting the EU budget through the statistical detection of anomalies in international trade data Francesca Torti European Commission, Joint Research Centre Sofia, September 14 th 2018 Statistics for

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 16

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 16 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 AUGUST 2013, FOR THE FOLLOWING COUNTRIES: AMERICAN SAMOA,

More information

ANNUAL ECONOMIC SURVEY OF EMPLOYEE OWNERSHIP IN EUROPEAN COUNTRIES IN 2008

ANNUAL ECONOMIC SURVEY OF EMPLOYEE OWNERSHIP IN EUROPEAN COUNTRIES IN 2008 www.efesonline.org 25.2.29 ANNUAL ECONOMIC SURVEY OF EMPLOYEE OWNERSHIP IN EUROPEAN COUNTRIES IN 28 INTRODUCTION TO COUNTRY FILES Employee ownership is progressing faster and stronger across Europe than

More information

Official Journal of the European Union

Official Journal of the European Union 1.8.2015 EN L 206/69 COMMISSION IMPLEMENTING DECISION (EU) 2015/1338 of 30 July 2015 amending Decision 2011/163/EU on the approval of plans submitted by third countries in accordance with Article 29 of

More information

PCT WO 2005/ A3

PCT WO 2005/ A3 (12) INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization International Bureau (43) International Publication Date (10) International

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 16 FROM TO LOCALITIES

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 16 FROM TO LOCALITIES THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 JULY 2014, FOR THE FOLLOWING COUNTRIES: ALASKA, AMERICAN

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 14. FROM TO LOCALITIES None

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 14. FROM TO LOCALITIES None THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 MAY 2015, FOR THE FOLLOWING COUNTRIES: ARGENTINA, BELGIUM,

More information

World IPv6 Trends. George Michaelson APNIC

World IPv6 Trends. George Michaelson APNIC World IPv6 Trends George Michaelson APNIC ggm@apnic.net Stats on IPv6 deployment worldwide The world is on around 18% IPv6 Capability Capability as in can use IPv6 not necessarily preferring it. Measured

More information

ANNUAL ECONOMIC SURVEY OF EMPLOYEE OWNERSHIP IN EUROPEAN COUNTRIES IN 2008

ANNUAL ECONOMIC SURVEY OF EMPLOYEE OWNERSHIP IN EUROPEAN COUNTRIES IN 2008 www.efesonline.org 25.2.29 ANNUAL ECONOMIC SURVEY OF EMPLOYEE OWNERSHIP IN EUROPEAN COUNTRIES IN 28 INTRODUCTION TO COUNTRY FILES Employee ownership is progressing faster and stronger across Europe than

More information

Key Financial Secrecy Indicator 11: Anti-Money Laundering

Key Financial Secrecy Indicator 11: Anti-Money Laundering Key Financial Indicators 11: Anti-Money Laundering What is being measured? This indicator examines the extent to which the anti-money laundering regime of a jurisdiction is considered effective by the

More information

Pass or fail Are you ready to take the digital maturity exam?

Pass or fail Are you ready to take the digital maturity exam? BUDAPEST, 20 APRIL 2018 NBH S INNOVATION & STABILITY CONFERENCE Pass or fail Are you ready to take the digital maturity exam? C U S T O M E R S E G M E N TAT I O N PSD2 Voice of the Customer PSD2 Voice

More information

Prerequisites for a Social Security Agreement (SSA) Stephan Cueni Head of International Agreements

Prerequisites for a Social Security Agreement (SSA) Stephan Cueni Head of International Agreements Federal Department of Home Affairs Federal Social Insurance Office Intrenational Affairs, Agreements Prerequisites for a Social Security Agreement (SSA) Stephan Cueni Head of International Agreements Zagreb,

More information

Axioma Risk Monitor Emerging Markets 3 May 2018

Axioma Risk Monitor Emerging Markets 3 May 2018 Axioma Risk Monitor Emerging Markets 3 May 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week Greater

More information

Axioma Risk Monitor Emerging Markets 6 November 2018

Axioma Risk Monitor Emerging Markets 6 November 2018 Axioma Risk Monitor Emerging Markets 6 November 2018 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last week

More information

Working Group Social Protection

Working Group Social Protection EUROPEAN COMMISSION EUROSTAT Directorate F: Social statistics Unit F-5: Education, health and social protection Luxembourg, 24 March 2017 DOC SP-2017-09 https://circabc.europa.eu/w/browse/26803710-8227-45b9-8c56-6595574a4499

More information

in focus Statistics Trade in high-tech products Contents China on the rise The EU is the leading trader in high-tech products in 2005

in focus Statistics Trade in high-tech products Contents China on the rise The EU is the leading trader in high-tech products in 2005 Trade in high-tech products China on the rise Statistics in focus This issue of Statistics in Focus presents a detailed analysis of the trade in high-tech products, concentrating mainly on world market

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 16

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 16 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 MAY 2014, FOR THE FOLLOWING COUNTRIES: ANGOLA, ARGENTINA,

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 14 FROM TO LOCALITIES

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 14 FROM TO LOCALITIES THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 JULY 2014, FOR THE FOLLOWING COUNTRIES: ALGERIA, ARGENTINA,

More information

GENERAL AGREEMENT ON 14 November 1986 TARIFFS AND TRADE

GENERAL AGREEMENT ON 14 November 1986 TARIFFS AND TRADE RESTRICTED GENERAL AGREEMENT ON 14 November 1986 TARIFFS AND TRADE Limited Distribution REPORT (1986) OF THE COMMITTEE ON ANTI-DUMPING PRACTICES I. Organization of the work of the Committee 1. The Agreement

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 17

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 17 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 FEBRUARY 2016, FOR THE FOLLOWING COUNTRIES: ALASKA, AMERICAN

More information

DESIGNATION SUBSEQUENT TO THE INTERNATIONAL REGISTRATION. For use by the holder/office Holder s reference: Office s reference:

DESIGNATION SUBSEQUENT TO THE INTERNATIONAL REGISTRATION. For use by the holder/office Holder s reference: Office s reference: 9 3 3 MM4 DESIGNATION SUBSEQUENT TO THE INTERNATIONAL REGISTRATION For use by the holder; this subsequent designation contains, in addition to this form, the following number of sheets: For use by the

More information

COMMISSION IMPLEMENTING DECISION

COMMISSION IMPLEMENTING DECISION EN L 152/42 Official Journal of the European Union 13.6.2012 COMMISSION IMPLEMENTING DECISION of 11 June 2012 amending Decision 2011/163/EU on the approval of plans submitted by third countries in accordance

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 18 FROM TO LOCALITIES 106 N/C 999

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 18 FROM TO LOCALITIES 106 N/C 999 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 OCTOBER 2015, FOR THE FOLLOWING COUNTRIES: ARGENTINA,

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 21 FROM TO LOCALITIES , 999

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 21 FROM TO LOCALITIES , 999 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 MARCH 2013, FOR THE FOLLOWING COUNTRIES: ANTIGUA AND BARBUDA,

More information

EIOPA/ESRB adverse financial market scenarios for insurance stress test

EIOPA/ESRB adverse financial market scenarios for insurance stress test EIOPA/ESRB adverse financial market scenarios for insurance stress test Introduction According to its mandate, the EIOPA shall, in cooperation with the ESRB, initiate and coordinate Union-wide stress tests

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 12 FROM TO LOCALITIES , 999

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 12 FROM TO LOCALITIES , 999 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 SEPTEMBER 2016, FOR THE FOLLOWING COUNTRIES: ARGENTINA,

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 13

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 13 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 APRIL 2014, FOR THE FOLLOWING COUNTRIES: ARGENTINA, ARMENIA,

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 20

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 20 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 APRIL 2016, FOR THE FOLLOWING COUNTRIES: ALGERIA, ARGENTINA,

More information

MADRID AGREEMENT CONCERNING THE INTERNATIONAL REGISTRATION OF MARKS AND PROTOCOL RELATING TO THAT AGREEMENT

MADRID AGREEMENT CONCERNING THE INTERNATIONAL REGISTRATION OF MARKS AND PROTOCOL RELATING TO THAT AGREEMENT MM3(E) MADRID AGREEMENT CONCERNING THE INTERNATIONAL REGISTRATION OF MARKS AND PROTOCOL RELATING TO THAT AGREEMENT APPLICATION FOR INTERNATIONAL REGISTRATION GOVERNED BY BOTH THE MADRID AGREEMENT AND THE

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: FROM TO LOCALITIES N/C N/C

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: FROM TO LOCALITIES N/C N/C THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 JANUARY 2013, FOR THE FOLLOWING COUNTRIES: AMERICAN SAMOA,

More information

MM, EFES EN. Marc Mathieu

MM, EFES EN. Marc Mathieu MM, EFES EN Marc Mathieu La Tribune Hewitt % 100 90 80 EUROPEAN GROUPS HAVING EMPLOYEE SHARE PLANS Graph first year plans UK IE FR NL, FI DA SV, BE, CH EUROPE NO 70 DE, IT 60 50 AT 11 NEW ES 40 30 GR,

More information

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL EUROPEAN COMMISSION Brussels, 17.9.2018 COM(2018) 629 final REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL 11th FINANCIAL REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND

More information

China passes the EU in High-tech exports

China passes the EU in High-tech exports Science and technology Author: Tomas MERI Statistics in focus 25/29 China passes the EU in High-tech exports The value of high-tech exports worldwide increased by an average of 5 a year between 21 and

More information

H2020-Galileo Call evaluation outcome

H2020-Galileo Call evaluation outcome H2020-Galileo Call evaluation outcome Overview evaluation process 2015 Evaluation of H2020 2 nd Call Closure Call 8 April 2015 Remote evaluations 22 May-07 June 2015 Central evaluations 08-11 June August:

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 18

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 18 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 AUGUST 2014, FOR THE FOLLOWING COUNTRIES: ALASKA, ARGENTINA,

More information

A new approach to education PPPs in the Eurostat/OECD exercise

A new approach to education PPPs in the Eurostat/OECD exercise A new approach to education PPPs in the Eurostat/OECD exercise OECD Meeting on PPPs for Non-European Countries, 27 29 April 2009 Eurostat losure Authorized Public Disclosure Authorized Public Disclosure

More information

Global Forum Athens 21st October 2008 Interoperability and trust in the financial world

Global Forum Athens 21st October 2008 Interoperability and trust in the financial world Global Forum Athens 21st October 2008 Interoperability and trust in the financial world XBRL a tool for global Transparency: Gilles Maguet Secretary General XBRL Europe Tuesday 21 October 2008 WHY XBRL?

More information

Financial Globalization, governance, and the home bias. Bong-Chan Kho, René M. Stulz and Frank Warnock

Financial Globalization, governance, and the home bias. Bong-Chan Kho, René M. Stulz and Frank Warnock Financial Globalization, governance, and the home bias Bong-Chan Kho, René M. Stulz and Frank Warnock Financial globalization Since end of World War II, dramatic reduction in barriers to international

More information

Page 1 of 9 SECTION A APPENDIX J - COST-OF-LIVING INDICES: Locality Loccode CCOD From To Barbados BB001 BB

Page 1 of 9 SECTION A APPENDIX J - COST-OF-LIVING INDICES: Locality Loccode CCOD From To Barbados BB001 BB THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 01 APRIL 2019, FOR THE FOLLOWING COUNTRIES: AMERICAN SAMOA,

More information

The Role of Regulations and Networks in Firms Offshoring Decisions. Work in Progress

The Role of Regulations and Networks in Firms Offshoring Decisions. Work in Progress The Role of Regulations and Networks in Firms Offshoring Decisions Work in Progress Simone Moriconi (IESEG School of Management) Giovanni Peri (University of California Davis) Dario Pozzoli (Copenhagen

More information

Security Research. FP7-ICT-SEC Joint Call (ENTR + INFSO) on Critical Infrastructure Protection. Seventh Framework Programme

Security Research. FP7-ICT-SEC Joint Call (ENTR + INFSO) on Critical Infrastructure Protection. Seventh Framework Programme FP7 Security research FP7--007- Joint Call Security Research FP7--007- Joint Call (ENTR + INFSO) on Critical Infrastructure Protection Seventh Framework Programme 007-0 FP7 Security Theme / Joint Call

More information

DATA SET ON INVESTMENT FUNDS (IVF) Naming Conventions

DATA SET ON INVESTMENT FUNDS (IVF) Naming Conventions DIRECTORATE GENERAL STATISTICS LAST UPDATE: 10 APRIL 2013 DIVISION MONETARY & FINANCIAL STATISTICS ECB-UNRESTRICTED DATA SET ON INVESTMENT FUNDS (IVF) Naming Conventions The series keys related to Investment

More information

Gender equality in the Member States

Gender equality in the Member States Women on -- Factsheet 2 Gender equality in the Member States The arguments: On average, a mere 13.7 of board members and 15 of non-executive board members of the largest companies listed on stock exchanges

More information

Axis 4 (Leader) Implementing Local Development Strategies

Axis 4 (Leader) Implementing Local Development Strategies Axis 4 (Leader) Implementing Local Development Strategies Basic Information: Axis 4 Leader: Implementing local development strategies with a view to achieving the objectives of one or more of the axes

More information

Making Finance Work for Africa: The Collateral Debate. World Bank FPD Forum April 2007

Making Finance Work for Africa: The Collateral Debate. World Bank FPD Forum April 2007 World Bank Group Making Finance Work for Africa: The Collateral Debate World Bank FPD Forum April 2007 Sevi Simavi Investment Policy Specialist FIAS, World Bank Group ssimavi@ifc.org Outline Why care about

More information

Comment and discussion: Live Long and Prosper: Aging in East Asia and Pacific

Comment and discussion: Live Long and Prosper: Aging in East Asia and Pacific Thailand Development Research Institute Comment and discussion: Live Long and Prosper: Aging in East Asia and Pacific Worawan Chandoevwit 15 January 2016 1 Outline Elderly: distribution and poverty Pension

More information

UK Data Archive Data Dictionary. File Information File Name. constit. country. county. district. empment. entref

UK Data Archive Data Dictionary. File Information File Name. constit. country. county. district. empment. entref UK Data Archive Study Number 7451 - Annual Business Survey: Secure Access UK Data Archive Data Dictionary File Information File Name rdat08f_restricted Number of variables 298,318 Number of cases 201 constit

More information

Benchmarking options for the effective achievement of the renewable energy target of the EU energy strategy by 2030

Benchmarking options for the effective achievement of the renewable energy target of the EU energy strategy by 2030 Benchmarking options for the effective achievement of the renewable energy target of the EU energy strategy by 2030 IAEE 2017 Authors: Lukas Liebmann, Christoph Zehetner, Gustav Resch Energy Economics

More information

European Innovation Policy. an Economic perspective

European Innovation Policy. an Economic perspective European Policy an Economic perspective Pierre VIGIER Economic Analysis Directorate DG Research & Europe is facing major challenges Knowledge and innovation are crucial Today: Major economic and financial

More information

This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents

This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents 2011D0163 EN 01.08.2015 007.001 1 This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents B COMMISSION DECISION of 16 March 2011 on the approval

More information

LEADER implementation update Leader/CLLD subgroup meeting Brussels, 21 April 2015

LEADER implementation update Leader/CLLD subgroup meeting Brussels, 21 April 2015 LEADER 2007-2013 implementation update Leader/CLLD subgroup meeting Brussels, 21 April 2015 #LeaderCLLD 2,416 2,416 8.9 Progress on LAG selection in the EU (2007-2013) 3.000 2.500 2.000 2.182 2.239 2.287

More information

Costs of exporting: evidence from Russia

Costs of exporting: evidence from Russia Costs of exporting: evidence from Russia Natalya Volchkova 1 Very preliminary draft February 2011 Abstract The paper presents the stylized facts of export firms heterogeneity in Russia and provides quantitative

More information

On 19/06/2012 the Court delivered its ruling in Case C-307/10 IP Translator, giving the following answers to the referred questions:

On 19/06/2012 the Court delivered its ruling in Case C-307/10 IP Translator, giving the following answers to the referred questions: Common Communication on the Implementation of IP Translator v1.2, 20 February 2014 1 On 19/06/2012 the Court delivered its ruling in Case C-307/10 IP Translator, giving the following answers to the referred

More information

Bulgarian Banking Association

Bulgarian Banking Association Peter Praet Member of the Executive Board of the ECB Presentation to the Bulgarian Banking Association Sofia, 24 May 2017 Euro area real GDP, composite PMI and ESI (annual % change) Distribution of growth

More information

ADVANCED SEARCH GUIDE: Supported fields and operators for Boolean searching in Cipher

ADVANCED SEARCH GUIDE: Supported fields and operators for Boolean searching in Cipher INTANGIBLE NOT INVISIBLE ADVANCED SEARCH GUIDE: Supported fields and operators for Boolean searching in Cipher www.cipher.ai Search Guide February 2018 Example search queries: Must contain any instance

More information

EU Budget 2009: billion. implemented. 4. The European Union as a global player; ; 6.95% 5. Administration ; 6.

EU Budget 2009: billion. implemented. 4. The European Union as a global player; ; 6.95% 5. Administration ; 6. 20.09.2010 EU Budget 2009: 112.107 billion 4. The European Union as a global player; 7 788 ; 6.95% 3. Citizenship, freedom, security and justice; 1 930 ; 1.72% 2. Preservation and management of natural

More information

Poland Social Sector and Public Wages Public Expenditure Review From Maastricht to Vision 2030 Overview

Poland Social Sector and Public Wages Public Expenditure Review From Maastricht to Vision 2030 Overview Poland Social Sector and Public Wages Public Expenditure Review From Maastricht to Vision 2030 Overview Warsaw, Poland May 17, 2010 From Maastricht to Vision 2030 Poland spends fairly well Recent reforms

More information

CitiService News February 1, 2018 Edition No. 2

CitiService News February 1, 2018 Edition No. 2 CitiService News February 1, 2018 Edition No. 2 In this edition Your Card on the Move Your Card on the Move The Regional Processing Centre in Olsztyn has a new address Split Payment Mechanism Annual confirmation

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 22 FROM TO LOCALITIES

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 22 FROM TO LOCALITIES THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 JUNE 2013, FOR THE FOLLOWING COUNTRIES: ALASKA, ARGENTINA,

More information

Business churn, sectoral performance, and economic policy

Business churn, sectoral performance, and economic policy Business churn, sectoral performance, and economic policy CompNet 13/14 March 2014 Banca d'italia Erik Canton Plan Business dynamics Allocative efficiency Relationship between business dynamics and allocative

More information

Private Equity Services by Crédit Agricole Group

Private Equity Services by Crédit Agricole Group PREMIUM CLIENT SOLUTIONS Private Equity Services by Crédit Agricole Group YOUR PREFERRED BANKING PARTNER Your expert in asset servicing CACEIS is one of the leading depositary banks and fund administrators

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 15 FROM TO LOCALITIES

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: Page 1 of 15 FROM TO LOCALITIES THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY OVERSEAS HOUSING ALLOWANCE AND OVERSEAS COST OF LIVING ALLOWANCE REVIEWS EFFECTIVE 16 AUGUST 2015, FOR THE FOLLOWING COUNTRIES: ALASKA, ARGENTINA,

More information

Neoclassicism in the Balkans

Neoclassicism in the Balkans Neoclassicism in the Balkans Vladimir Gligorov Vienna, May 12, 21 Neoclassical Growth> Stylized Foreign investment driven because of higher productivity in capital scarce countries Investments mostly in

More information

FOCUS AREA 5B: Energy efficiency

FOCUS AREA 5B: Energy efficiency Rural Development Programmes 204-2020: Key facts & figures FOCUS AREA 5B: Energy efficiency. Introduction Focus Area (FA) 5B is designed to increase efficiency in energy use in agriculture and food processing.

More information

Reform strategies: the experience of emerging European economies and their effects on sustainability and equity

Reform strategies: the experience of emerging European economies and their effects on sustainability and equity Cross-country experiences Session 3 Reform strategies: the experience of emerging European economies and their effects on sustainability and equity Per Eckefeldt European Commission Directorate General

More information

Carving out legacy assets: A successful tool for bank restructuring?

Carving out legacy assets: A successful tool for bank restructuring? 1 Carving out legacy assets: A successful tool for bank restructuring? Lisbon University of Law 8 May 2017 Willem Pieter de Groen Centre for European Policy Studies (CEPS) Non-performing loans (NPLs) potential

More information

Macro-financial outlook with a view on NPL s and debt restructuring. Vedran Šošić, Vicegovernor

Macro-financial outlook with a view on NPL s and debt restructuring. Vedran Šošić, Vicegovernor Macro-financial outlook with a view on NPL s and debt restructuring Vedran Šošić, Vicegovernor February 215 Outline of the presentation Banking system performing well. Elevated NPL level appears to be

More information

Trust, Statistics & Knowledge Evidence from the EC Special Eurobarometer survey 2009

Trust, Statistics & Knowledge Evidence from the EC Special Eurobarometer survey 2009 Charting Progress, Building Visions, Improving Life Busan, Korea - 27 October 2009 Trust, Statistics & Knowledge Evidence from the EC Special Eurobarometer survey 2009 Marco Mira d Ercole (OECD), A. Papacostas(Eurobarometer)

More information

Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network

Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network Javier Garcia-Bernardo 1, Jan Fichtner 1, Frank W. Takes 1,2, and Eelke M. Heemskerk 1 1 CORPNET, Amsterdam

More information