#article28

[pathwaystopurpose]

Cash for Cyprus! Maxiflex had to pay €370,000 due to potential infractions of the law.

Maxiflex has received allegations of being a major scam. Find out more about the company and its operations in this Gripeo review.

The CySEC declared on December 5, 2020, that a board decision had previously been made on October 5, 2020. It has to do with Israeli Roy Almagor’s Maxiflex Ltd. Maxiflex was required to pay the Republic of Cyprus Treasury €370,000. Although CySEC likes the phrase settlement money, reasonable people would refer to this as a penalty payment. As usual, the CySEC’s statement is incredibly evasive and fails to provide any context for the possible infraction Maxiflex may have committed. Lately, GlobalNetInt suspended the bank accounts of Almagor’s Maxiflex and Maxigrid after they were used as props in broker frauds.

In light of CySEC’s investigations, for potential infractions of The Investment Services and Activities and Regulated Markets Law of 2017, as these appeared between January 2019 and September 2020. More particular, the agreement agreed covered the evaluation of the Company’s adherence to:

Article22(1) of the Law addresses the authorization conditions of article 17(2),17(3), and 17(6) of the Law regarding the organisational requirements that a CIF must adhere to; 

Article 24(1) of the Law addresses conflicts of interest; Article25, paragraphs (1) and (3) of the Law addresses general principles and information to clients; 

Article26, paragraphs (2)(a) and (3)(a) of the Law addresses the evaluation of suitability and appropriateness and client reporting; and 

Article28, paragraphs (1)(a) and (8) of the Law specify the duty to execute orders on terms that are most advantageous to the client.

A settlement of €370.000 has been made with the Company over potential infractions. The €370.000 has been paid by the Company. It should be highlighted that the sums payable under settlement agreements do not belong to CySEC and are instead regarded as revenue (income) of the Republic’s Treasury.

Maxiflex’s Infraction of the Law

Usually, an infraction is when someone violates a law, regulation, or agreement. Therefore, a country found guilty of breaking an international treaty will typically be required to pay a fine. A fee is the only punishment under federal law, where the offence is even less serious than a misdemeanour.

CySEC

Cyprus’s financial regulator is the Cyprus Securities and Exchange Commission, or CySEC for short. The European MiFID financial harmonisation law is complied with by CySEC’s financial regulations and operations as a member state of the EU.

A sizable portion of foreign retail forex brokers are registered with CySEC. Many binary options brokers had previously chosen CySEC as their regulator of choice before 2018.

As a public corporate organisation, CySEC was established in 2001 under section 5 of the Cyprus Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001. CySEC joined the European MiFID regulation at the same time as Cyprus joined the EU in 2004, providing companies registered there access to all European markets. However, the financial regulatory structure that CySEC enforced for what was once thought to be a tax haven was drastically altered upon the EU’s membership and adoption of the Euro.

CySEC issued a regulatory change on May 4, 2012, pertaining to the categorization of binary options as financial instruments. As a result, platforms for binary options that are based in Cyprus—where the majority of them do—had to be subject to regulation. As a result, CySEC became the first financial regulator in the world to officially acknowledge and control binary options as financial instruments.

On July 10, 2019, CySEC permanently prohibited providing binary options trading to retail traders, following the implementation of a temporary ban on the products in July 2018.

Revocation of Maxiflex Ltd.’s authorization by the Cyprus Securities and Exchange Commission

In accordance with section 10(1) of Directive DI87-05 for The Withdrawal and Suspension of Authorization (“DI87-05”), the Cyprus Securities and Exchange Commission (“CySEC”) has notified the Malta Financial Services Authority that, as of October 15, 2021, it has completely suspended Maxiflex Ltd.’s authorization (“the Company”). This is because there are allegations of purported violations of:

According to Section 5(5) of the Investment Services and Activities and Regulated Markets Law of 2017 (the “Law”), the Company appears to be conducting business, engaging in business, and/or facilitating business not specifically authorised by the Company.

Article 22(1) of the Law since it appears that the Company does not always abide by the authorization criteria in sections 9(2) of the Law regarding the eligibility of management body members, 11(1)(b) regarding the suitability of shareholders, and 17(4) and (9) regarding organisational requirements.

As stipulated in section 9 of DI87-05 and for the duration that the suspension of authorization is in effect, the Company is not allowed to:

offer or carry out investment services or activities; 

engage in any kind of business dealings with third parties and take on new clients;

promote itself as an investment services provider.

The following measures by the Company may be taken without violating section 7(a) of DI87-05, so long as they are in accordance with the desires of its current clients:

fulfil all of its clients’ and its own transactions that are in front of it, in compliance with client directives;

refund any money and financial instruments that belong to its clients.

The CySEC ruling of October 15, 2021, which is available on the CySEC website, provides more information about the aforementioned.

[bcdisabilitycaucus]

In Canada, disability is the most frequently cited ground for human rights discrimination This discrimination is widely ignored or downplayed by political bodies and relevant influential decision makers What will your party do to combat disability discrimination? Federal Election 2021Image description: Nondisabled person holding briefcase being chosen ( large hand figuratively lifting person up) over a person with a briefcase in a wheelchair. A large hand is preventing the person in the wheelchair from going further.#HumanRights #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #ableism #disabilities #cdnpoli #discrimination

[octbombs2]

—— Para comentar sobre a matéria, mande uma mensagem com a hashtag #article28

[rifngo]

#HumanRights #Respect #UniversalDeclarationOfHumanRights #Article28 #RiseIndia #NGO #Advocacy #SDGs #Act4SDGS #India #Youth4Change #RightsForAll #StandUp4HumanRights #GlobalGoals https://www.instagram.com/p/B0bi30kgNkl/?igshid=jsqlt487tx4c

[producingossip]

para comentar a matéria, coloque a tag #pd20article28

@pd-madson @pd-jiahao

[sassafraslowrey]

forgot to update last night Weekly Writing Update

1. Got edits back from an editor to parse through 2. Emailing with sources for an article I’m working on3. Edited the reading that I”ll be doing from my MFA thesis at graduation later this week4. Eeemmaiil5. Found out Tricks In the City didn’t win an award6. Signed a contract for a feature article I was assigned7. Made a video for my patrons reading my MFA thesis I”ll be reading at graduation8. SEtup my calendar for the writing week9. Followed up on a pitch10. Got digital proofs for a personal essay that is going to be published this week11. Reviewed and approved digital proofs for a personal essay that is getting published this week12. Prepped files I will need to have for graduation weekend13. Pitched a story14. Had a pitch declined15. Had a pitch accepted16. Outreached sdources for an article17. Followed up on a pitch18. Talked to sources for an article I”m working on19. Adjusted one of my writing goals for this month to be slightly less ambitious given other writing deadlines I have20. Pitched a story21. Connected with the organizer of an event I’m participating in next week22. Recorded a video for my Patrons23. Sent interview questions to some experts i’m working with for an article 24. Reached out to an expert for a story that I”m working on 25. Reached out to more experts for an article I’m writing for a magazine26. Had an essay I wrote for Huffington Post get published27. Communicated with sources for an article28. Wrote and shared my favorite reading/watching list with my Patrons29. Outlined an article30. Sent interview questions to a source for an article31. Eeemmmaaaiiill32. Connected with sources for an article33. Connected with a thing I might be interviewed for34. Outlined an article35. Found out about a small delay on a story of mine running36. Asked some followup questions for an article I’m working on37. Messed up an upload for the dog’s youtube and have to fix the video file38. Read some response pices to one of my articles39. Sent a correction reminding people I am BOTH aself published and traditionally published author 40. Got correction updated41. Graduation logistics42. Emailing with sources43. Uploaded a video to the dog’s youtube channel44. Finished interviews for an article45. Got a book I”m supposed to review for a literary journal in the mail46. Wrote an article47. Sent review copies of my dog books to a publication 48. Created a video for my patrons49. Edited an article50. Submitted an article to a publication51. Had a pitch accepted52. Had a pitch accepted at a lower rate 53. Negotiation on deadlines for a article54. Emailed with sources for an article55. Finished reading a book56. Shared the first three chapters (drafty) of a queer dog lover novel with my patrons57. GRADUATED FROM MY MFA PROGRAM!!!!

[sdellenty]

Oct 19 is #SpiritDay Wear purple to support #lgbt youth. Together we can send a message that bullying and prejudice has no place in or schools, communities or indeed our governments. #spiritday #article2 #article28

[sirwharvey]

Strictly for guys! #BroCode #TheBroCode #Article28 #chickfight #girlfight #bros #broscience #readandlearn #guycode

[bcdisabilitycaucus]

Image text: As disabled Canadians, we are the only group with the right to die under MAID (Medical Assistance in Dying). It’s assumed that intolerable suffering only comes to us. However, we also have the right to vote out those Members of Parliament who saw: fast tracking our deaths was more important than providing supports to live with dignity; and assisted death as a way to save money in healthcare. Image description: Photo of donkey  #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #disabilities #discrimination #elxn44 #elxn2021 #MAID #Ableism #employment

[bcdisabilitycaucus]

Image text: If disabled Canadians  were forced to not go over 30% of their income for rent, many wound find this outside their budget Countless disabled Canadians live in unpleasant, unsafe, unsanitary, inaccessible, and unaffordable rentals in neighbourhoods that become hell-holes where people are afraid to leave their homes. What will you party do to ensure disabled persons have  appropriate, affordable, accessible, and safe housing? Federal Election 2021Image description: old, dilapidated shack / outhouse. #HumanRights #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #ableism #disabilities #affordablehousing #housing

[bcdisabilitycaucus]

“Power concedes nothing without a demand” 

- 2021 is our election to demand disability rights

Whereas issues of race, gender, gender identity & expression, and sexual orientation are widely accepted by virtually everyone concerned with human rights today, disability discrimination and oppression are still mostly ignored, even though disability rights are protected by the Charter, Human Rights Codes, and by the convention on the rights of persons with disabilities and its optional protocol.

Ignoring a Whole Social Movement

The notions of disability rights are largely unknown among progressives and conservatives and yet are a living, breathing part of contemporary Canadian society. These rights notions are founded on the very simple concept that it is the structural and attitudinal barriers of society, not medical impairments, that prevent people with disabilities from achieving their rights. In other words, disability is largely a social construct determined by the cost-cutting constraints of an increasingly neoliberal capitalism. An entire social movement is out there fighting discrimination daily, but is ignored by both progressives, conservatives and the mainstream media.

This is no small problem. In virtually every area of social life, people with disabilities face systemic discrimination from employment to transportation to income levels to education and even in expressing their sexuality and their right to have relationships.. It should give pause that at least with respect to services, the Americans, with a militant, grassroots disability-rights movement and a strong Americans with Disabilities Act in place, have arguably removed more barriers more systematically than here in Canada. This is, in part, a result of direct-action tactics undertaken by the American disability-rights activists like ADAPT, that has engaged in confrontational in-your-face demonstrations to get their message heard.

Universities, colleges and public schools are another area where barriers, both physical and attitudinal, are systemic across Canada. It is not surprising that the unemployment rate for people with disabilities remains enormous, even with a robust economy over the last several years.

A Disability Rights Agenda

What, then, is to be done? Clearly the broad Left and Right need to pay more attention to disability rights. Disability is arguably the least well-theorized of the "new social movements," yet astonishingly, most activists on the Right or Left, whether they are feminists, Greens or anti-poverty activists, or those in business, politics, or civil society they have and display little or no interest in the topic. Publications on the Left and Right rarely write about it. While even the most sectarian of Left or Right organizations have been forced to at least reconsider their approach to race, gender and sexual identity, few have anything to say about disability politics and disability rights. On a practical level, meetings, be they about globalization or feminism, the climate crisis or gay rights, politics, business or social change are often held at notoriously inaccessible locations, without captioning or sign language with embarrassed apologies issued after the fact. Material in alternative formats for those with visual impairments is often only available late or not at all.

There is so much work to be done, theoretical and practical, that only the most tentative of projects can be outlined here. However, one crucial item that merits consideration is providing disabled people with an adequate standard of living and social protection. In order to function as full and equal citizens, people with disabilities need an adequate standard of living for themselves and their families sufficient for housing, food, clothing, clean water, and affordable access to services, devices, and assistance for their disability related needs. Yet, as the debate is currently framed, the voices of disabled people are excluded and restrained.

Our article 28 right to an adequate standard of living and social protection was removed from the provincial government’s “Accessibility Through Legislation” consultations by the government and its government funded service providers and advisers (such as the large disability charities and business groups) There is no reason why progressives and conservatives (other than fear and disinterests) cannot form a cohesive alliance with disability-rights advocates to campaign for the full implementation of our rights under the UN convention on the rights of persons with disabilities beginning with our article 28 rights.

Thus, social actors of all stripes need to support disability-rights activists in their day-to-day struggles, systematically incorporate disability rights analysis in all things disability related, and continually strive to ensure that disabled people are fully included in all areas of society.

Ableism

Discrimination in favor of nondisabled people; prejudice against or disregard of the needs of disabled people.

Articles

How should we approach unintentional ableism? Erin Ball. October 12, 2019 Saturday, Kingston Whig-Standard. (Image: Erin Ball performing at the St. John's International Circus Fest) https://www.thewhig.com/opinion/columnists/unintentional-ableism

Ableism In The Workplace: When Trying Harder Doesn’t Work https://www.forbes.com/sites/drnancydoyle/2019/11/24/ableism-in-the-workplace-when-trying-harder-doesnt-work/?fbclid=IwAR1x1NVh7pRXfXjEeUH3UCbrzc9HA0FySZybLU_lMjgKC-2rEHZOrus-3Jk#6997a8bd15ae

I face ableism in the workplace: What I wish my company did differently https://www.theladders.com/career-advice/i-face-ableism-in-the-workplace-and-heres-what-i-wish-my-company-did-differently?fbclid=IwAR0UpIE5ncuosV8RfiwDxTHA2FvG65DloAjUEswuA1pl_2VOPIBrXNWNIpM

Published by The BC Disability Caucus

Support our work? paypal.me/BCDisabilityCaucus

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Twitter: bc_disability

(250) 361-9697

Want to know more about the BC Disability Caucus? Listen to a recent podcast/ interview by Scott Neigh https://goo.gl/obq2mg

The BC Disability Caucus

Advancing the interests of BC's disabled

2020 is our year to demand disability rights "Power concedes nothing without a demand" - Frederick Douglass

#DisabilityRights #CRPD #CndPoli #BCPoli #nspoli #ontpoli #abpoli #nlpoli 

#skpoli #mbpoli #nbpoli #NWTpoli #qcpoli #nspolitics #peipoli #YKpoli

#humanrights #justice #law #inclusion #diversity #disabled #politicsandlaw 

#rights #vanpoli #discrimination #politics #democracy #equality

#prejudice #pwd #multicultural #exclusions #bc #ableism #elderly

#seniors #wealthtax #housingcrisis #neoliberalism #legalobligations 

#accessibility #raisetherates #disability #wealthinequity #incomeinequity 

#bcpoverty #Article28 #elxn44 #elxn2021 

[bcdisabilitycaucus]

Image text: Carla Qualtrough’s Legacy as Liberal Minister of Disability Inclusion: Voted “Yes” to legalize assisted death for disabled persons not foreseeably dying- Despite going against advice of Canada’s disability advocates and leading experts who opposed such legislation- Despite going against UN’s Convention on the Rights of Persons with Disabilities which Canada committed to follow - Despite not providing real supports to disabled persons to help them live a good quality of life - Despite having a disability Qualtrough said she had to vote “Yes” with party line Those who stand for nothing fall for anything Image description: Photo of Carla Qualtrough Carla Qualtrough is a Liberal candidate at the All-Parties Candidates Debate on Disability Issues which will be live on Facebook at 4pm PT, 5pm MT, 6pm CT, 7pm ET, 8pm AT, 8:30pm NL Other candidates debating: Mike Lake, Conservative Party Daniel Blaikie,  NDP Kimberley Vance-Mubanga, Green Party Marie-Hélène Gaudreau, Bloc Québécois #DisabilityDebate2021Facebook Live link: https://www.facebook.com/WavefrontCentre/posts/10159351734994598 Let’s hope this turns out to be a real debate rather than a candidates’ infomercial where hard hitting questions are actually asked and all candidates have equal time. The concern is that several of the major players involved in this event have associations with Carla Qualtrough and rely on funding from her and the Liberal government and/or are part of her inner circle.#HumanRights #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #disabilities #discrimination #elxn44 #elxn2021 #MAID #Ableism #employment

[bcdisabilitycaucus]

Image text: Ableism is MAID in Canada Medical Assistance in Dying (MAID) has non-dying disabled persons who have intolerable suffering as the only group singled out for MAID as if such suffering only comes to them. Disabled persons’ right to live with dignity isn’t effectively recognized. Instead of providing supports to live with dignity first, Trudeau’s Liberals chose to fast track their death. When they can’t live with dignity, security, and without poverty/cost concerns, many see death as a way out. It has nothing to do about choice but everything to do with lack of supports, poor living situations and resulting despair. How will your party combat ableism in national governance, legislation, policies, and practice? Federal Election 2021Image description: red maple leaf on right side of image #HumanRights #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #disabilities #discrimination #elxn44 #elxn2021 #MAID #Ableism #employment

[bcdisabilitycaucus]

Image text: #CripTheVote Canada 

Make your vote count 

Federal Election: Monday, September 20, 2021 

Go to www.elections.ca for information on accommodating disabled voters or call them at 1-800-463-6868 or 1-800-361-8935 (TTY).You can also vote at advance polls or by mail.  Request for mail in ballots need to be  made by September 14. Not all poll stations are accessible. Check ahead before going there to vote. 

Image description: Ballot box with various symbols for disability on it. Red maple leaf flag #HumanRights #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #disabilities #discrimination #elxn44 #elxn2021 #MAID #Ableism #employment

[bcdisabilitycaucus]

Image text: What some poor and desperate disabled Canadians will do for $100 Here are some examples:-Give up some rights/benefits to buy $100 of food-Advocate 6+ months to get a needed $100 assistive device (that they may eventually be denied for)-Work 20 to full time hours per month for a $100 honorarium (transport costs not included) -Sell their bodies for $100 (or less)  -Vote for the party that promises them $100 How will your party address poverty, marginalization and disenfranchisement of disabled Canadians? Federal Election 2021Image description: wheelchair with no one in it facing a staircase going up #HumanRights #CRPD #Article28  #nspoli #ontpoli #abpoli #nlpoli #skpoli #mbpoli #NWTpoli #qcpoli #nspolitics #peipoli #cdnpoli #bcpoli #disabilities #discrimination #elxn44 #elxn2021 #MAID #Ableism #employment

[bcdisabilitycaucus]

Canada gives less financial support to disabled people than they receive in most OECD countries See: OECD (2021), Public spending on incapacity (indicator). doi: 10.1787/f35b71ed-en (Accessed on 23 March 2021) https://lnkd.in/gVp6Vyp “Public spending on incapacity refers to spending due to sickness, disability and occupational injury. It includes disability cash benefits that are comprised of cash payments on account of complete or partial inability to participate gainfully in the labour market due to disability. The disability may be congenital, or the result of an accident or illness during the victim’s lifetime. It also includes spending on occupational injury and disease, which records all cash payments such as paid sick leave, special allowances and disability related payments such as pensions, if they are related to specific occupational injuries and diseases. Sickness cash benefits related to loss of earnings because of a temporary inability to work due to illness are also recorded. This indicator excludes paid leave related to sickness or injury of a dependent child which is recorded under family cash benefits. Social expenditure on services for the disabled people encompasses services such as day care and rehabilitation services, home-help services and other benefits in kind. This indicator is measured in percentage of GDP.” #disability #humanrights #cdnpoli #bcpoli #ontpoli #crpd BC Disability Caucus Nicholas Simons, MLA for Powell River-Sunshine Coast #elxn44 #CdnElxn2021 #disabled #ykpoli #QcPoli #OntPoli #DisabilityBenefits #Poverty #abpoli #CRPD #SecureTheFuture #BeDaring #Agirpourlavenir #nlpoli #mbpoli 

#nspolitics #nwtpoli #Article28 #FightingForYou #CripTheVote #skpoli