Fintechs elude official statistics: BIS The Ontario Securities Commission (OSC) announced plans to hold its first-ever hackathon, the first such event that a Canadian securities regulator is hosting, which is set to take place later this month. Regulators must avert looming irrelevance: IAP Share this article and your comments with peers on social media Related news The hackathon, which follows the OSC’s recent establishment of its fintech innovation hub and regulatory sandbox, OSC LaunchPad, will seek solutions to emerging issues in several notable areas, including: know your client and identity authentication; financial literacy; and financial inclusion. The event is expected to produce apps that could include new personal finance tools, products for unbanked consumers and new tools to enhance financial knowledge. “The financial services regulatory environment is becoming increasingly complex. Solutions that help streamline the regulatory environment are beneficial not only for regulators, but also for the regulated organizations and even for the economy as a whole,” the OSC’s invitation to the hackathon says. “Bring your strategists, subject matter experts, developers and UX designers together for three days of purposeful interaction, and make your mark contributing to a more efficient Canadian regulatory ecosystem.” The apps developed during the event will be judged on several criteria including: creativity, originality, user experience and execution. The judging panel includes Maureen Jensen, chairwoman and CEO of the OSC; Joseph Lubin, founder of Consensys and Ethereum; Doug Steiner, CEO of Evree Corp.; and, Adam Felesky, president and managing partner of Portag3 Ventures GP Inc. All of the code produced during the event, which will run over three days from Nov. 25–27 in Toronto, will remain the intellectual property of the developers. Hackers can participate as either individuals, or in teams of up to six members. Photo copyright: nexusplexus/123RF ESMA launches digital finance consultation Keywords FintechCompanies Ontario Securities Commission James Langton Facebook LinkedIn Twitter
FacebookTwitterWhatsAppEmail The Government’s planned establishment of an Energy Services Company (ESCO) Industry in Jamaica will be further advanced this year with an allocation of $20 million in the 2014/15 Estimates of Expenditure, which have been tabled in the House of Representatives.The money will be used to continue work to complete implementation of the energy sector’s institutional regulatory framework; conduct seven ESCO workshops; and develop and implement an awareness building and market plan, during the 2014/15.The project seeks to develop a sustainable ESCO industry in Jamaica by raising the level of awareness and understanding of the business of Energy Efficiency (EE) and Renewable Energy (RE); introducing new business models to enable increased levels of investment in and implementation of EE and RE projects; and increasing dialogue, trust, and confidence in the industry among stakeholders.Achievements, to date, include recruitment of a project manager; and the commencement of work to improve the industry’s institutional and regulatory framework.Additionally, work has also commenced to develop innovative and appropriate financing and contracting mechanisms for ESCOs intended to stimulate demand for and supply of energy efficiency and renewable energy solutions.The project, which is being implemented by the Ministry of Labour and Social Security, with funding support from the European Union (EU), commenced in April 2012 and is slated to run until March 2018. RelatedGovernment Renews Telecoms Licences RelatedState Minister Robinson Attends Innovation and Entrepreneurship Retreat in U.S. RelatedGovernment Sells 700-MHz Spectrum to Digicel Work Advancing to Establish Energy Services Company Industry TechnologyApril 6, 2014Written by: Alecia Smith-Edwards Story HighlightsThe Government’s planned establishment of an Energy Services Company (ESCO) Industry in Jamaica will be further advanced this year with an allocation of $20 million in the 2014/15 Estimates of ExpenditureThe project seeks to develop a sustainable ESCO industry in Jamaica by raising the level of awareness and understanding of the business of Energy Efficiency (EE) and Renewable Energy (RE); The project, which is being implemented by the Ministry of Labour and Social Security, with funding support from the European Union (EU), commenced in April 2012 and is slated to run until March 2018. Advertisements
Ashly Bender (3-3) started and took the loss for the Jackrabbits, allowing seven hits and four runs, three earned, over five innings.UP NEXTLU faces Kansas at 4:45 p.m. today in the Cardinals’ only game of the day. There are five games today, starting with South Dakota State playing Alabama A&M at 10 a.m. LU plays two of Sunday’s four games, facing Northern Illinois at 10:15 a.m. and Tulsa at 2:45 p.m. The Cardinals took the lead for good with two runs in the bottom of the third thanks to an RBI single by Shelby Henderson and a run-scoring grounder by Hankins.McDowell singled home Paige Holmes in the fourth inning to make it 4-2 before closing the scoring in the sixth inning on an RBI double by Holmes.That was more than enough for Luna, who threw 89 pitches, 64 for strikes.McDowell and Brittany Rodriguez had two hits apiece for the Cardinals, who outhit the Jackrabbits 8-7 on the day. Luna did not walk a batter and struck out six as LU won its second straight game. Luna gave up single runs in each of the first two innings but shut the door after that.After falling behind 1-0 in the top of the first, the Cards responded with a run of their own in the bottom of the inning as a Sable Hankins sacrifice fly scored Brittany Rodriguez.The Jackrabbits (3-9) took a 2-1 lead in the top of the second on an RBI double who was thrown out trying to extend it to a triple to end the inning. LSCPA sports informationBEAUMONT – Lamar senior right-hander Ciara Luna worked out of some early trouble to pick up her first win of the season as the Cardinals defeated the South Dakota State Jackrabbits 5-2 on the second day of the Cardinal Classic at the LU Softball Complex on Friday.Luna (1-5) gave up five hits and two runs over the first two innings, but settled down to allow just two hits and no runs over the final five innings as the Cardinals (4-8) improved to 30-8 all-time at the LU Softball Complex since its opening in 2015.