Business Management Contract
- EU 'did not properly consider conflicts of interest' over BlackRock contract | Banking | The Guardian
- User blog:MisterWoodhouse/Community Contract for the New Fandom Platform | Community Central | Fandom
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As we move to a more modern MediaWiki, there will be some changes. We'll commit to providing you with as much detailed information as possible when these changes arise and, in return, we ask that you embrace positive changes as a way to build better and deeper communities. That's the Fandom Community Contract. It is our living covenant with you, our users. This is a company-wide commitment to make the next chapter in Fandom's history the best one yet. We cannot do this without you. We hope you will embrace and advocate for the commitments we've outlined. As this is the start of a major undertaking, we will not have answers to many specific questions about functionality, features, technical details, etc., but we're happy to take your questions regardless! Will "MisterWoodhouse" Kavanagh Fandom Staff Will is the Global Communications Lead at Fandom. Previously, he was the Community Manager for Gamepedia and the Gaming Community Manager for Imzy. Outside of work, he hangs at the beach, explores breweries, plays golf, and lifts big weights for fun.
EU 'did not properly consider conflicts of interest' over BlackRock contract | Banking | The Guardian
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The EU did not properly consider conflicts of interest when it hired the US investment manager BlackRock to advise on environmental regulation for banks, an influential watchdog has said. The European ombudsman, Emily O'Reilly, said the European commission, the EU's executive arm, should strengthen its conflict of interest rules in light of the findings, in a judgment published on Wednesday. BlackRock, the world's largest investor, had $7. 8tn (£5. 8tn) in assets under management at the end of September. In March, it won a tender from the EU to advise on how to integrate ESG (environmental, social and governance) issues into banking regulation. BlackRock has already carried out much of the work required under the contract. The contract prompted heavy criticism from campaigners over a potential conflict of interest, given BlackRock's status as the world's largest manager of shares in fossil fuel extractors, as well as being a major investor in most of the world's biggest banks. The ombudsman said "there is a clear risk that those interests may influence the outcome of its work in its own favour".
User blog:MisterWoodhouse/Community Contract for the New Fandom Platform | Community Central | Fandom
"The commission must update its public procurement guidelines and carefully choose its contractors, " he said. "BlackRock was an abnormally low bidder because it wanted to weasel its way into European law-making. For me, this is unacceptable. " A BlackRock spokesman said: "The European commission has already publicly stated that the technical quality of [BlackRock]'s proposal was the basis for their decision in awarding the mandate. [BlackRock] has taken a wide-ranging and inclusive approach, including academia, civil society, banks, supervisors and market practitioners, and looks forward to completing its work and delivering its final report to the commission. " A European commission spokesman welcomed the finding that there was no maladministration, saying it showed "we applied the rules fully and fairly". The spokesman said the "commission is committed to transparency" and that it would respond to the ombudsman's suggestions and publish BlackRock's work.
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Fuji Xerox has been sued by the Australian Competition and Consumer Commission (ACCC) on allegations that the company created an imbalanced relationship with small businesses through the creation of unfair contracts. Dragging Fuji Xerox to Federal Court, the ACCC has alleged that nine of the company's standard form business contracts contain a total of 173 unfair contract terms, such as automatic renewal terms, excessive exit fees, and unilateral price increases. According to the ACCC's originating claim, the contracts also contain disproportionate termination terms that allow Fuji Xerox to suspend or terminate contracts for minor breaches and compel small businesses to pay a termination amount. "We have received a number of complaints from small businesses alleging that some of the terms in Fuji's contracts have caused them significant financial harm, " ACCC deputy chair Mick Keogh said. "The ACCC will argue that the unfair terms in these contracts cause a significant imbalance in the rights and obligations of Fuji and the small businesses they contract with. "
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BlackRock, which has recently acted to improve its reputation on environmental issues, was the only large investment manager out of nine bidders. Members of the European parliament wrote to the commission expressing their concerns and the EU ombudsman announced it would launch an investigation in July after a complaint by two MEPs and Change Finance, a network of non-governmental institutions. The bid from BlackRock "should have resulted in significantly more critical scrutiny", O'Reilly said. Her report cleared the commission of maladministration but O'Reilly said this was only because the EU's conflict of interest rules were too vague to be of use. "The risk of conflicts of interest when it comes to awarding contracts related to EU policy needs to be considered much more robustly both in EU law and among officials who take these decisions, " O'Reilly said. The campaigners who brought the complaint said the commission must withdraw the contract. Kenneth Haar, a campaigner at the Corporate Europe Observatory, a member of Change Finance, said: "Looking at this case, it is hard to come by more glaring conflicts of interest in one go.
The terms were found in contracts between Fuji Xerox and its small business customers for the supply of printing goods and services, and technical assistance, and have been used since at least October 2018, the ACCC said in a statement. As part of the lawsuit, ACCC has sought for these contracts to be void and an injunction to prevent Fuji Xerox from relying on these terms for any current or future contracts. The consumer watchdog is also seeking an order for a corrective notice, a compliance program, and costs. At the start of the year, Fuji Xerox announced a rebrand and said it would like to be called Fujifilm Business Innovation as of 1 April 2021. The company said the decision was made as it wanted to focus on its existing businesses and expand into new business areas such as cloud, artificial intelligence, and the Internet of Things. Related Coverage Fuji Xerox completes CSG acquisition The company has appointed Fuji Xerox ANZ corporate vice president as the company's new managing director.
8%. Couples go from 2% of a member's salary to 3. 5%. For family coverage, firefighters and paramedics paying 2. 5% will now contribute 4%. The cap for health care contributions would rise from $90, 000-a-year to $115, 000. For retirees 55 to 60 years old, health care contributions rise from 2 to 3 percent. Retirees over 60 now paying nothing will pay 1. 5% of annuities. The combination of a higher cap and increased contributions would generate $10 million in savings. Former Mayor Rahm Emanuel had been close to a new firefighters contract that would have traded health insurance concessions for a reduction in daily "variances" from the minimum manning requirement that triggered the bitter 1980 firefighters strike. That rule requires every piece of fire apparatus to be staffed by at least five employees. But time ran out on Emanuel's second term before a deal was done. Lightfoot has talked internally about seeking some of those same concessions, but backed off in exchange for the $10 million savings.