The Motet’s Dave Watts Challenges Jason Hann To A Drum Off At The Fillmore [Photos/Video]

first_imgLoad remaining images For fans of The Motet, you can catch them at the 2nd annual Fool’s Paradise March 31 & April 1 in St. Augustine alongside Lettuce x2, Joe Russo’s Almost Dead, The Floozies, a special Manic Science set featuring Manic Focus and Break Science, The Main Squeeze, Organ Freeman, along with Oteil Burbridge and Antwaun Stanley as Artists at Large. Head here for more information.Relive the glory of Saturday night in the photos below, courtesy of Christopher Baldwin. Currently on tour, The Motet are charging through the West coast with their show-stopping funk outfit. On Saturday February 4, the powerhouse welcomed special guests Jason Hann (String Cheese Incident) and Natalie Cressman (Trey Anastasio Band) to join the fun. Skerik’s Bandalabra opened up the evening, providing a full night of rocking tunes.Dave Watts of The Motet and Jason Hann even challenged one another to a drum off. You can watch the action in the video below:last_img read more

Niche market

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ECB adopts ‘streamlined’ pension fund data reporting regulation

first_img“To this end, and taking into account the proportionality principle in particular, the reporting requirements as set out in the initial proposal have been significantly streamlined, especially for smaller pension funds,” it said.There were four main changes to the initial proposal, according to the ECB.These included a postponement of the first reporting deadline, a phasing-in period to align the ECB regime with supervisory reporting requirements from EIOPA, and a clarification of the term “pensions funds managers”. The European Central Bank (ECB) has “streamlined” its proposed regulation on statistical reporting requirements for pension funds in response to feedback.Some pension fund associations had expressed concern about the reporting burden and costs that compliance could entail, in particular given that the European Insurance and Occupational Pensions Authority (EIOPA) was also planning reporting requirements.The final regulation was adopted by the ECB’s governing body late last month, and published on its website last week. The draft regulation was published and put out for consultation in July.In a feedback statement published in connection with the final regulation, the ECB said that, from the outset, it paid attention to the issue of containing costs. ECB headquarters in FrankfurtSource: Source: ECB The ECB said it and EIOPA had cooperated closely and had achieved a “very high” level of convergence between the reporting regimes.“This will allow a single data flow for reporting by the industry, should this be decided at the national level by the respective national central banks and national competent authorities,” said the ECB.This means that, should a national supervisory authority decide, a pension fund would be able to report one set of data to that authority, a spokesman for the ECB confirmed. The authority would then report to the national central bank, which would pass the data to the ECB.Germany’s occupational pension fund association, aba, said the ECB had taken on board several of the requests for change made by German pension associations and PensionsEurope.It said the final regulation was not conclusive about which of Germany’s multiple pension financing vehicles would be subject to the ECB requirements, and that it would be down to the German central bank to make this clear.The new regulation is binding on euro area countries, but non-euro area EU member states are supposed to implement measures that would allow the collection of statistical information needed to fulfil the ECB’s requirements.The purpose of the new reporting and data collection regime, according to the ECB, is to “increase the transparency of pension funds for the benefit of their members, the general public and the economy as a whole”.The new framework would produce enhanced statistics that would “better support the European System of Central Banks in its monetary and financial analyses and its contribution to the stability of the financial system,” it said.last_img read more

Van Gaal’s warning for City

first_img Back then the likes of David Beckham, Paul Scholes, Nicky Butt, Ryan Giggs and the Neville brothers won the FA Youth Cup before going on to become first-team stars. Scholes, writing in his weekly column for the Independent on Friday, said he feared United would lose out on the battle for the best prospects in the region. Van Gaal was not impressed with Scholes’ words, particularly when they came just four days after Gary Neville had compared his former club to a pub team. “Paul Scholes. Also a legend. He has to pay attention to his words also,” said Van Gaal, who responded with the same barb when he was informed of Neville’s criticisms following the highly fortuitous 2-1 win over Southampton on Monday. Scholes highlighted United’s recent struggles in the FA Youth Cup as a sign that the club’s youth system is not perhaps as good as it once was. United have been knocked out of the competition by Huddersfield and Burnley. Van Gaal has blooded a number of youth players since he took over like Tyler Blackett, Paddy McNair and James Wilson. He refused to compare the next generation of United players to those on City’s books, however. “I don’t have the time to compare the talents and the staff with each other so I cannot answer that question,” said Van Gaal, who has put an emphasis on developing young players during his successful management career. City unveiled their state-of-the-art training complex in Manchester on Monday. The base, which is connected to the Etihad Stadium by bridge, includes a 7,000-seater stadium, 16 pitches and a luxury hotel as well as cutting-edge technology which will aid opposition analysis and rehabilitation from injury. Press Association Manchester City are not guaranteed to get the pick of the best young players in the north-west despite spending £200million on a new training complex, Louis van Gaal has warned. City’s first-team squad will be based there, as well as the club’s youth sides. Patrick Vieira, who runs City’s elite development squad, said at the launch that youngsters in Manchester would have an “easy choice” when deciding where their future lies. United have prided themselves on developing some of the best talent in history, but Van Gaal is not too concerned about what is happening over in east Manchester. “The building is not so important, the accommodation is not so important, it’s the philosophy and the staff that’s important,” the United manager said at the club’s own training ground on Friday. “Then comes of course the talent.” United, of course, have their own multi-million facility at Carrington which is the envy of many clubs across Europe. “When I see what I have then I am very happy,” Van Gaal said. City have spent heavily on foreign imports since Sheikh Mansour took over in 2008, but they now hope to create their own stars, just as United did with the famous Class of ’92. last_img read more