Current Situation & Support for Future Actions Sample Clauses

Current Situation & Support for Future Actions. According to the Eurobarometer survey, approximately 99% of the French population have a current bank account.63 A separate study commissioned by DG Employment, Social Affairs and Equal Opportunities shows that less than 5% of the French population have no access to transaction banking, revolving credit or savings of any kind.64 This shows that France is doing well compared to other EU Member States. However, the French Bankers Federation notes the widely differing reasons across the EU for not having a bank account. They see the issue as one of increasing banking penetration rather than focussing solely on the issue of access to a basic account.
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Current Situation & Support for Future Actions. According to the Eurobarometer survey, approximately 99% of the German population have a current bank account.74 A separate study commissioned by DG Employment, Social Affairs and Equal Opportunities shows that less than 5% of Germans have no access to transaction banking, revolving credit or savings of any kind.75 This shows that Germany is doing well compared to other EU Member States. The current account for everyone is regularly assessed by the government. Overall, the Finance Ministry has concluded in a 2008 report that the situation for persons without basic accounts has not significantly improved over time. The report goes on to emphasise that a continued reluctance by the banking sector to honour its voluntary self-commitment may result in the creation of legal measures to ensure all eligible persons may hold a basic account.76
Current Situation & Support for Future Actions. According to a Eurobarometer survey on financial inclusion, approximately 85% of the Lithuanian population has a current bank account.82 The Association of Lithuanian ml 81 Encyclopaedia of the Nations. “Lithuania – Banking and Securities”. Retrieved from xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/Europe/Lithuania-BANKING-AND-SECURITIES.html 82 Flash Eurobarometer 282. “Consumers’ Views on Switching Providers (European Commission: Brussels forthcoming) Xxxxx suggests this figure is a reasonable estimate, due to the banking sector’s generally uniform procedures in terms of improving access to banking facilities. On the basis of this estimate Lithuania can be compared favourably to less economically developed economies in some other EU 12 countries (e.g. only 49% of the Bulgarian population have a current bank account). On the supply side, Lithuanian banks are bound by the Law on Banks of Lithuania which guarantees the right to select customers based on internal preferences. Difficulties exist in the distribution of banking resources within different areas, especially those with low levels of employment. On the demand side, people from poorer regions, including the unemployed and retired, are more informed with regard to saving options and the ease of using facilities such as ATM’s and online banking. The current situation is based on a market-oriented approach. There is no legal obligation in Lithuania on banks to provide basic banking services to any applicant. The financial sector is largely driven by Scandinavian commercial banks that have a firm hand in the shaping of financial inclusion policies within the Lithuanian banking sector. Along with commercial banks, Post Offices have helped to maintain an institutional savings system for isolated communities in rural areas. Post Offices play a central role in many small towns and villages where access to mainstream and internet banking facilities is limited. They provide basic services to pensioners and those without regular access to regional bank branches. Until recently, the majority of pensioners habitually received their state welfare payments via postal delivery. New government legislation coming into effect in 2010 however requires welfare benefits to be paid directly into bank accounts. If implemented effectively, this new legislation could result in declining use of Post Office facilities. Moreover, as a result of the most recent economic crisis, budget and public spending cuts have led to the restructurin...
Current Situation & Support for Future Actions. According to the Eurobarometer survey, approximately 98% of the Spanish population have a current bank account.88 A separate study commissioned by DG Employment, Social Affairs and Equal Opportunities shows that less than 10% of the Spanish population have no access to transaction banking, revolving credit or savings of any kind. This shows that Spain is doing well compared to other EU Member States With approximately 45,000 branches nationwide and strong banking competition, supply factors (e.g. price of a Basic Bank Account, geographical access) tend to play a very minor role in inhibiting access to a Basic Bank Account in Spain.89 Demand factors, on the other hand, constitute a challenge; in particular, groups with limited financial education or lacking ID cards tend to find it more difficult to obtain a Basic Bank Account. The current situation is the result of a market-based solution. There is no legal obligation in Spain to provide basic banking services to any applicant. The financial sector is considered to be highly competitive, including wide access to financial services. Along with commercial banks, savings banks have been a major force in extending services. Spanish savings banks offer banking products specifically designed for vulnerable groups. They have ties with communities and support social, cultural and educational projects.90 During the past decade or so the Spanish savings banks and their confederation have publicly expressed their keen interest in reducing financial exclusion.
Current Situation & Support for Future Actions. According to the Eurobarometer survey, approximately 99% of the Swedish population have a current bank account.94 A separate study commissioned by DG Employment, Social Affairs and Equal Opportunities shows that less than 5% of the Swedish population have no access to transaction banking, revolving credit or savings of any kind.95 This shows that Sweden is doing well compared to other EU Member States. The vast majority of the population does not have a problem in opening a current bank account. Since accounts generally are not provided with overdraft facilities, credit checks become less crucial. According to the interviews carried out in Sweden, it appears that lack of identification is one of the more common reasons for denying a bank account. This in turn tends to be more of a problem for immigrants.
Current Situation & Support for Future Actions. According to the Eurobarometer survey, approximately 98% of the UK population have a current bank account.99 A separate study commissioned by DG Employment, Social Affairs and Equal Opportunities shows that less than 10% of the UK population have no access to transaction banking, revolving credit or savings of any kind.100

Related to Current Situation & Support for Future Actions

  • Litigation Support In the event and for so long as any Party actively is contesting or defending against any charge, complaint, action, suit, proceeding, hearing, investigation, claim, or demand in connection with (i) any transaction contemplated under this Agreement or (ii) any fact, situation, circumstance, status, condition, activity, practice, plan, occurrence, event, incident, action, failure to act, or transaction on or prior to the Closing Date involving the Seller, each of the other Parties will cooperate with the contesting or defending Party and its counsel in the contest or defense, make available his or its personnel, and provide such testimony and access to its books and records as shall be necessary in connection with the contest or defense, all at the sole cost and expense of the contesting or defending Party (unless the contesting or defending Party is entitled to indemnification therefor under Section 7 below).

  • Production Support Each Software Subscription comes with Standard or Premium Production Support. Red Hat only provides Production Support for the Red Hat Products and does not provide any Production Support for any underlying infrastructure or for any third party products that may be running on any servers or virtual machines.

  • Faculty Selection, Supervision, and Evaluation A. Faculty for a dual credit course will be approved and employed by Hill College. The instructor must meet credential requirements of Hill College and minimum requirements as specified by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Each faculty member assigned to teach an academic course will have a master’s degree plus 18 hours in the specific discipline. Technical course instructors will have at least an associate degree and three years of work experience in the related business or industry. B. Instructors teaching dual credit courses must meet the same standards, review, and approval procedures as full- time, regular Hill College faculty. C. Faculty for a dual credit course who are not a full-time faculty member of Hill College report directly to the appropriate Xxxx of Instruction for the pathway in which the course(s) is being taught. The college shall supervise and evaluate part-time faculty teaching dual credit courses using the same or comparable procedures used for full-time faculty employed by college. D. The performance appraisal process for dual credit instructors will be conducted by the immediate supervisor and reviewed by the second line supervisor prior to the appraisal interview with the employee. The dual credit faculty evaluation process will mirror the evaluation process used at the college for all full-time faculty members and will be done according to the college policy manual. All dual credit faculty will be periodically evaluated using the following means: 1) random classroom observation by the immediate supervisor of that discipline, 2) student evaluations and 3) self-evaluation. E. All Dual Credit faculty instructors will be supervised by the following means: i. When dual credit classes are visited during a classroom observation, supervisors will ask to see items such as the textbook, observe instruction and interaction with students, and request a class syllabus and a sample of class tests, quizzes, labs, and/or projects. ii. Dual Credit instructors are given a self-evaluation form and are asked to fill it out and return the form to their Hill College supervisor. iii. All dual credit instructors are given a master syllabus for the course. The master syllabus provides grading policy and student learning outcomes. iv. All dual credit instructors are required to participate in the assessment process. v. All dual credit instructors are required to certify rosters. vi. All dual credit instructors are required to submit final grades. F. Faculty teaching courses, which result in the award of college credit, will be regularly employed faculty members of Hill College. All faculty selected by Hill College to teach dual credit classes will be considered employees of Hill College and will be compensated by the college in accordance with Hill College policy, procedures, and guidelines. G. Applications for employment and official transcripts from each college or university attended MUST be submitted and approved prior to the start of classes. All paperwork will be kept on file at Hill College.

  • Information Supplementation Prior to the Commercial Operation Date, the Developer and Connecting Transmission Owner shall supplement their information submissions described above in this Article 24 with any and all “as-built” Large Generating Facility information or “as-tested” performance information that differs from the initial submissions or, alternatively, written confirmation that no such differences exist. The Developer shall conduct tests on the Large Generating Facility as required by Good Utility Practice such as an open circuit “step voltage” test on the Large Generating Facility to verify proper operation of the Large Generating Facility’s automatic voltage regulator. Unless otherwise agreed, the test conditions shall include: (1) Large Generating Facility at synchronous speed; (2) automatic voltage regulator on and in voltage control mode; and (3) a five percent change in Large Generating Facility terminal voltage initiated by a change in the voltage regulators reference voltage. Developer shall provide validated test recordings showing the responses of Large Generating Facility terminal and field voltages. In the event that direct recordings of these voltages is impractical, recordings of other voltages or currents that mirror the response of the Large Generating Facility’s terminal or field voltage are acceptable if information necessary to translate these alternate quantities to actual Large Generating Facility terminal or field voltages is provided. Large Generating Facility testing shall be conducted and results provided to the Connecting Transmission Owner and NYISO for each individual generating unit in a station. Subsequent to the Commercial Operation Date, the Developer shall provide Connecting Transmission Owner and NYISO any information changes due to equipment replacement, repair, or adjustment. Connecting Transmission Owner shall provide the Developer and NYISO any information changes due to equipment replacement, repair or adjustment in the directly connected substation or any adjacent Connecting Transmission Owner substation that may affect the Developer Attachment Facilities equipment ratings, protection or operating requirements. The Developer and Connecting Transmission Owner shall provide such information no later than thirty (30) Calendar Days after the date of the equipment replacement, repair or adjustment.

  • VALUATION SUPPORT AND COMPUTATION ACCOUNTING SERVICES BNY Mellon shall provide the following valuation support and computation accounting services for each Fund:  Journalize investment, capital share and income and expense activities;  Maintain individual ledgers for investment securities;  Maintain historical tax lots for each security;  Corporate action processing as more fully set forth in the SLDs;  Reconcile cash and investment balances of each Fund with the Fund’s custodian or other counterparties as applicable;  Provide a Fund’s investment adviser, as applicable, with the cash balance available for investment purposes at start-of-day and upon request, as agreed by the parties;  Calculate capital gains and losses;  Calculate daily distribution rate per share;  Determine net income;  Obtain security market quotes and currency exchange rates from pricing services approved by a Fund’s investment adviser, or if such quotes are unavailable, then obtain such prices from the Fund’s investment adviser, and in either case, calculate the market value of each Fund’s investments in accordance with the Fund's valuation policies or guidelines; provided, however, that BNY Mellon shall not under any circumstances be under a duty to independently price or value any of the Fund's investments, including securities lending related cash collateral investments (with the exception of the services provided hereunder to Funds utilized for such cash collateral investments), itself or to confirm or validate any information or valuation provided by the investment adviser or any other pricing source, nor shall BNY Mellon have any liability relating to inaccuracies or otherwise with respect to such information or valuations; notwithstanding the foregoing, BNY Mellon shall follow the established procedures and controls to identify exceptions, tolerance breaches, etc. and to research and resolve or escalate any pricing inaccuracies;  Application of the established automated price validation rules against prices received from third party vendors and review of exceptions as identified;  Calculate Net Asset Value in the manner specified in the Fund’s Offering Materials (which, for the service described herein, shall include the Fund’s Net Asset Value error policy);  Calculate Accumulated Unit Values (“AUV”) for select funds as mutually agreed upon between the parties;  Transmit or make available a copy of the daily portfolio valuation to a Fund’s investment adviser;  Calculate yields, portfolio dollar-weighted average maturity and dollar-weighted average life as applicable; and  Calculate portfolio turnover rate for inclusion in the annual and semi-annual shareholder reports.  For money market funds, obtain security market quotes and calculate the market-value Net Asset Value in accordance with the Fund’s valuation policies and guidelines at such times and frequencies as required by regulation and/or instruction from TRP.

  • Information Supplied by Underwriters The statements set forth in the last paragraph on the front cover page and under the heading "Underwriting" in any Preliminary Prospectus or the Prospectus (to the extent such statements relate to the Underwriters) constitute the only information furnished by any Underwriter through the Representatives to the Company for the purposes of Sections 2(b) and 8 hereof. The Underwriters confirm that such statements (to such extent) are correct.

  • Questions About Review The Asset Representations Reviewer will make appropriate personnel available to respond in writing to written questions or requests for clarification of any Review Report from the Indenture Trustee or the Servicer until the earlier of (i) the payment in full of the Notes and (ii) one year after the delivery of the Review Report. The Asset Representations Reviewer will not be obligated to respond to questions or requests for clarification from a Noteholder or any other Person and will direct such Persons to submit written questions or requests to the Indenture Trustee.

  • Your Billing Rights: Keep this Document for Future Use This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.

  • Listing Information Supply CBB shall provide to Verizon on a regularly scheduled basis, at no charge, and in a format required by Verizon or by a mutually agreed upon industry standard (e.g., Ordering and Billing Forum developed) all Listing Information and the service address for each CBB Customer whose service address location falls within the geographic area covered by the relevant Verizon directory. CBB shall also provide to Verizon on a daily basis: (a) information showing CBB Customers who have disconnected or terminated their service with CBB; and (b) delivery information for each non-listed or non-published CBB Customer to enable Verizon to perform its directory distribution responsibilities. Verizon shall promptly provide to CBB (normally within forty-eight (48) hours of receipt by Verizon, excluding non-business days) a query on any listing that is not acceptable.

  • INVESTIGATIONS OF MISHAPS AND CLOSE CALLS In the case of a close call, mishap or mission failure, the Parties agree to provide assistance to each other in the conduct of any investigation. For all NASA mishaps or close calls, Partner agrees to comply with XXX 0000.0, "NASA Procedural Requirements for Mishap and Close Call Reporting, Investigating, and Recordkeeping".

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