Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘rule’

Ocular Therapeutix™ Reports Inducement Grant Under Nasdaq Listing Rule

Posted by fidest press agency su domenica, 14 luglio 2019

Ocular Therapeutix™, Inc. (NASDAQ: OCUL), a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye, today announced that the Company entered into an employment agreement that provided for the grant of an inducement award outside the Company’s 2014 Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The Company granted a stock option to purchase up to 60,000 shares of Ocular Therapeutix’s common stock. The stock option was granted on July 9, 2019. The grant was approved by the Compensation Committee of Ocular Therapeutix and was made as an inducement material to Christopher White’s entering into employment with Ocular Therapeutix as its Senior Vice President, Head of Business and Corporate Development in accordance with Nasdaq Listing Rule 5635(c)(4). The option award has an exercise price of $5.13 per share, the closing price of Ocular Therapeutix’s common stock on July 9, 2019. The option has a ten-year term and is scheduled to vest over four years, with 25% of the original number of shares vesting on July 9, 2020 and the remainder vesting in equal monthly installments over the following three years. Vesting of the option is subject to Mr. White’s continued service to Ocular Therapeutix through the applicable vesting dates.

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Rule of law in Hungary: MEPs request to be heard by EU ministers

Posted by fidest press agency su giovedì, 11 aprile 2019

The European Parliament should be represented in a formal Council of Ministers’ meeting discussing Article 7 procedures concerning Hungary, MEPs insist. Following a last-minute invitation by the Romanian Presidency for an informal exchange of views ahead of the General Affairs Council to be held on 9 April, Claude Moraes (S&D, UK), Chair of the Civil Liberties Committee, and Judith Sargentini (Greens/EFA, NL), rapporteur for the EP proposal calling on the Council to determine whether Hungary is at risk of breaching the EU´s founding values, said: “We regret not being able to accept this invitation, due to unavailability at such a short notice. While we thank the Romanian Presidency for this invitation, we would remind of President’s Tajani letter in which he called for the Parliament to be invited to outline its position to a full meeting of the General Affairs Council where the Article 7(1) TEU procedure concerning Hungary will be discussed and for which a reply is still outstanding.
As we already mentioned in previous informal meetings held with the Presidency, to which we have participated in respect of the principle of sincere cooperation, in this procedure, European Parliament, having exercised its right of initiative under the concerned Treaty provision, is to be heard in a Council formal sitting.The European Parliament should not be prevented to exercise its full role, as provided by the Treaties. We continue to be convinced that it is essential for the European Parliament to be invited to a formal Council meeting. Such an in-depth exchange of views in a Council meeting is of the highest significance for the rule of law within the EU, and in line with the principle of sincere cooperation between Institutions”.
In September 2018, the Chamber requested the Council to assess whether Hungary is posing a systemic threat to the EU’s founding values. Should they determine that such a threat exists, EU member states could initiate the procedure laid down in Article 7 the EU Treaty, which may eventually lead to sanctions, such as the suspension of the Hungary’s voting rights in the Council. Judicial independence, freedom of expression, corruption, rights of minorities, and the situation of migrants and refugees are the main Parliament’s concerns.

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Malta and Slovakia: serious shortcomings in the rule of law

Posted by fidest press agency su giovedì, 21 febbraio 2019

The Civil Liberties Committee adopted on Tuesday a draft resolution summarising the conclusions of the working group set up within the Civil Liberties Committee to monitor the situation of rule of law in the EU, particularly in Malta and Slovakia, following the murders of journalists Daphne Caruana Galizia and Ján Kuciak and his fiancée Martina Kušnírová.MEPs condemn the “continuous efforts of a growing number of EU member states’ governments to weaken the rule of law, the separation of powers and the independence of the judiciary”. They underline that the assassinations of Ms Caruana Galizia in Malta and of Mr Kuciak and Ms Kušnírová in Slovakia, and the murder of journalist Viktoria Marinova in Bulgaria, had “a chilling effect on journalists” across the EU.
MEPs urge the Maltese government to set up a full and independent enquiry into the murder of Ms Caruana Galizia and demand that all libel cases brought by members of the government against her and her family be withdrawn.They denounce that the Prime Minister´s chief of staff and the current Minister of Tourism are “the only acting high-ranking government officials in any EU member state who were found to be beneficial owners of a legal entity revealed in the Panama Papers”. They insist that all suspected government links with opaque structures, such as Egrant and the “17 Black” company, deserve to be investigated.
The text points to the many shortcomings in the rule of law in the country identified by the Venice Commission and urges the Maltese government and Parliament to implement all of the Commission’s recommendations without exception.Regarding the investor citizenship and residence schemes -which allow foreigners to gain residence or citizenship rights in Malta in exchange for a large investment-, MEPs want them terminated without delay, as these programmes pose “serious risks” to the fight against money laundering and “result in the actual sale of EU citizenship”.
MEPs acknowledge the progress made in the investigation into the murder of Mr Kuciak and Ms Kušnírová, but insist it should continue both at national and international level. They also demand in-depth investigations into all the alleged cases of corruption and fraud brought up during their inquiries in the country.The resolution voices concern about the allegations of corruption, conflicts of interest, impunity and revolving doors in Slovakia’s circles of power. It also warns against the politicisation and lack of transparency in selection and appointment processes, such as for the position of Head of the Police.The draft resolution was passed by the Civil Liberties Committee with 40 to 7 and 6 abstentions. It will be put to the vote by the full House in the March II plenary session (25-28 March) in Strasbourg.

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Promoting rule of law and fundamental rights in the EU

Posted by fidest press agency su lunedì, 21 gennaio 2019

EP wants to triple the budget for the Rights and Values Programme Fast-track procedure to support democratic dialogue where EU values are at risk The EU should do more to promote democracy, rule of law and fundamental rights across the EU, including through support to civil society organisations.MEPs endorsed on Thursday the position of the Civil Liberties Committee to triple the funds allocated in the long-term EU budget (2021-2027) for the Rights and Values Programme, up to 1.834 billion euros (the European Commission had proposed €642 million).
Parliament’s mandate to start negotiations with EU ministers was approved with 426 votes to 152 and 45 abstentions.With a general objective to protect and promote the rights and values enshrined in Article 2 of the EU Treaty through support to civil society organisations at local, regional, national and transnational level, the Programme seeks to promote equality and non-discrimination, encourage citizens’ engagement and participation in the democratic process, and fight violence.MEPs decided to specifically mention the protection and promotion of democracy and the rule of law as the main aim, as these are a prerequisite for protecting fundamental rights and for ensuring mutual trust among member states and of citizens’ trust in the European Union, says the text.Regarding the activities to be funded with EU money, Parliament suggests awareness-raising campaigns on European core values and the rights and obligations derived from EU citizenship. Initiatives to reflect on the factors that lead to totalitarian regimes occurring and to commemorate their victims were also suggested. MEPs also want to support town-twinning projects, human rights defenders and whistle-blowers, measures countering hate-speech and misinformation, and protection of victims of violence, among others.
MEPs agreed that, in exceptional cases, when there is a serious and rapid deterioration of the situation in a member state and the founding values are at risk, the European Commission may open a call for proposals, under a fast-track procedure, to fund civil society organisations to facilitate and support the democratic dialogue in the country.

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Rule of law in Hungary: MEPs demand swift action from EU ministers

Posted by fidest press agency su mercoledì, 14 novembre 2018

MEPs urge EU ministers to determine if Hungary is at risk of breaching the EU values and to invite the European Parliament to a formal Council meeting. Ahead of the EU ministers meeting today, Civil Liberties Committee Chair Claude Moraes (S&D, UK) and MEP Judith Sargentini (Greens/EFA, NL) discussed the Parliament’s position on the rule of law in Hungary in a preliminary meeting with Member States representatives. In September, the Parliament asked EU member states to initiate the procedure laid down in EU Treaty Article 7 to determine whether Hungary is at risk of breaching the EU´s founding values. Mr. Moraes said: “Today together with the Rapporteur, Judith Sargentini, we were present for a first exchange of views in a preparatory briefing with Members States representatives – which however can in no way be considered a formal Council meeting.” “We thank the Austrian Presidency for organising today’s meeting, and especially the Netherlands, Belgium, Greece and Sweden that were represented at ministerial level for their interest and cooperation. However, we have to emphasize that we await a more appropriate and formal Council meeting for handling a matter of the highest significance for the rule of law within the EU”, Mr. Moraes stressed.Ms. Sargentini, who authored the Parliament’s report on Hungary, said: “An overwhelming majority of the Parliament supported my report in September. It is a clear signal that we must draw a line when it comes to breaches in a Member State of our shared European values of democracy, rule of law and fundamental rights. It is now to the Member States to act in a swift, open and effective manner.” “The time taken by the Council to figure out the process does not improve the situation. To the contrary, new worrying developments have taken place in Hungary since the adoption of my report, such as a new law that would undermine the independence of the Hungarian judiciary even further”, Ms. Sargentini noted.“At todays’ meeting, I appreciated the critical questions from the ministers on the situation of civil society in Hungary and on the way the Parliament and myself as rapporteur have been treated by the Hungarian authorities. We count on the support of the Member States present at this morning’s informal meeting to push for Parliament to present its report in a formal Council meeting”, Ms. Sargentini concluded.
Rule of law in Poland and Hungary are the first items on the agenda of the General Affairs Council meeting. Ministers will also hold the annual rule of law dialogue today.

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Rule of law in Malta: speed up murder investigation and halt corruption, MEPs ask

Posted by fidest press agency su venerdì, 21 settembre 2018

Sophia in ‘t Veld (ALDE, NL) , Head of the committee’s delegation to Malta, said: “Given the confidentiality, we have not been able to verify what progress was made in the investigation and if the authorities are still looking into all the different hypothesis about who ordered the killing of Daphne Caruana Galizia. Resolving the crime is crucial, not only for the family of the victim, but for democracy as a whole.We would like to see the libel cases against Ms Caruana Galizia, which are now being faced by her family, withdrawn. We have also asked the minister of justice Owen Bonnici to find a solution for the makeshift memorial for Daphne, allowing people to mourn or make a statement, and to unambiguously condemn the hate campaigns against her and her family”.Ms In ‘t Veld noted the unavailability of minister for tourism Konrad Mizzi to meet with the delegation.“We have several concerns about numerous scandals, such as the alleged sale of humanitarian visas to Libyan nationals, money laundering through Maltese banks or the alleged involvement of people in government circles in corruption cases. The mechanism of “citizenship for investment” though not illegal in itself, could provide a back door to the EU to undesired elements, putting pressure on passport free travel within the Schengen area. The Member States are closely connected, so in order to preserve credibility and trust, it is crucial to uphold the same standards across the EU.We find particularly worrying the passiveness of the institutions in triggering investigations even in the face of incriminating evidence. Everybody is pointing at someone else, so it is unclear who will initiate an investigation into suspicious activities: the police, the magistrates, or just a citizens complaint. We therefore propose to invite the Venice Commission to Malta to assess the systems in place as well as the application in practice. And more broadly, we propose to put a rule of law mechanism in place to analyse the situation of the rule of law in all Member States on an ongoing basis, as per the legislative proposal of the European Parliament.Finally, we call on the government and on the political opposition to act as a unifying and reconciling force to help the Maltese society overcome its divisions and animosity”, she concluded.

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Rule of law in Slovakia: MEPs concerned about corruption and impunity

Posted by fidest press agency su giovedì, 20 settembre 2018

Civil Liberties MEPs, concerned by corruption, conflicts of interest and impunity in Slovakia’s. After a two-day visit to Slovakia, Sophie in ‘t Veld (ALDE, NL), who heads the European Parliament delegation, said: “We are glad to see that the investigation into the murder of Ján Kuciak and his fiancée seems to be advancing. Justice needs to be served, first for the families of the victims, but also to guarantee the safety of all journalists and for the sake of democracy. We have also been able to ascertain that many Slovaks are very committed to creating a modern, transparent and trusted public administration. But we still see corruption, too many conflicts of interest and impunity.We find particularly worrying the revolving doors that politicians use to remain in the corridors of power. We have the same people, the same faces, coming up again and again”.On behalf of the cross-party delegation, she underlined that “this is not about Slovakia, this is about the integrity of the EU as a community of law. We will only preserve the rule of law if all Member States uphold the same standards, such as the separation of powers and the proper enforcement of law and fundamental rights. All EU citizens are entitled to the same standards and we must ensure that this is respected.”Finally, she called for the reinforcement of the role of Europol. “Europe should not become a gangster paradise; crime has no borders while law enforcement is constrained by national boundaries.In Slovakia, MEPs met President Andrej Kiska, Prime Minister Pellegrini and the ministers of justice, Gábor Gál, and the interior, Denisa Sakova. They also quizzed special prosecutors, the national police chief and representatives of other law enforcement bodies, several journalists and editors, NGOs active in the fields of transparency and fighting corruption, and Ján Kuciak’s family lawyer.

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Rule of law in Malta: MEPs demand police investigate all corruption allegations

Posted by fidest press agency su sabato, 27 gennaio 2018

maltaMalta’s police must investigate all corruption allegations, particularly at the highest political level, to end the perceived impunity in the country, MEPs say.Members of the Civil Liberties Committee and the former Committee of Inquiry into Money Laundering, Tax Evasion and Tax Avoidance (PANA) on Thursday discussed the conclusions of a fact-finding mission to Valletta last month to assess the situation of the rule of law and several allegations of corruption and money laundering.Maltese Minister of Justice Dr Owen Bonnici attended the meeting, as did two of the sons of the journalist and blogger Daphne Caruana Galizia, who was killed in a bomb attack in October 2017.Most of the MEPs criticised the lack of police action, despite the very serious evidence of maladministration involving even members of the Maltese government, and considered the situation in Malta a source of concern for the whole of the EU. Many pointed to the lack of transparency of the Citizenship by Investment programme. Some speakers also asked for more time to get a full and clear picture of what is going on in the country.Mr Bonnici regretted that MEPs are not taking account of the significant reforms adopted by the Maltese government to address corruption and assured them that all serious allegations are being investigated. “It is completely false that this government has put the rule of law in the dustbin”, he stated.

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Will Europe stand by Ukraine after trade pact?

Posted by fidest press agency su venerdì, 27 giugno 2014

Ukraine1 – together with Georgia and Moldova – are set to sign a controversial trade pact with the European Union on Friday, June 27. It is likely to prompt Russia’s wrath, says Geopolitical Information Service author Professor Stefan Hedlund, Research Director in Russian and Eurasian Studies, Uppsala University, Sweden.Russia has taken punishing measures against those nations who are seeking closer ties with the West. It was Ukraine’s refusal to sign the deal at the last moment which sparked massive riots in Kiev in November 2013 and split the nation.But will Europe turn its back on Ukraine if the former Soviet republic plunges further into crisis as Russia squeezes the last economic breath from the nation of 45 million? asks Professor Hedlund.‘The contradiction between lofty ideals and realpolitik – power and material considerations – has remained something of a founding principle of international relations,’ he says.In 2008, the Georgians believed that the door to Nato was open for them, and that they would receive support against Russian retaliation. ‘When Russian tanks rolled in, the West averted its eyes,’ says Professor Hedlund.‘Although the crisis in Ukraine has caused the rhetoric on the freedom to choose to become a bit more subdued, Western political leaders will, as a rule, still insist that Ukraine retains a right to join both Nato and the European Union, irrespective of what Russia may feel.‘Reiterating statements of the kind, which have become so central to Western political culture, may provide a feeling of warm glow, and of moral superiority’, adds Professor Hedlund. ‘But there is also a downside’.
‘When oppressed people listen to the lofty rhetoric, they may be deluded into believing that the speakers stand ready to back their words with action.’‘The tragedy in Ukraine is unlikely to be the last illustration of the ingrained Western practice of speaking loudly and carrying a limp stick.’Read Professor Hedlund’s full statement here.


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Maharaja. The splendour of India’s Royal Courts

Posted by fidest press agency su domenica, 11 ottobre 2009

MaharajaLondon until 17/11/2009 Cromwell Road, Victoria and Albert Museum The V&A’s autumn exhibition, Maharaja: The Splendour of India’s Royal Courts, will be the first to comprehensively explore the world of the maharajas and their extraordinarily rich culture. It will bring together over 250 magnificent objects, many on loan to the UK for the first time from India’s royal collections. The exhibition will include three thrones, a silver gilt howdah, gem-encrusted weapons, court paintings, photographs, a Rolls Royce, Indian turban jewels and jewellery commissioned from Cartier and Van Cleef & Arpels in the 20th century. The exhibition will cover the period from the 18th century when the great era of the maharajas began to the end of British rule in 1947. It will show the changing role of the maharajas in an historical and social context and look at how their patronage of the arts both in India and Europe resulted in splendid and beautiful commissions designed to enhance royal status and identity. Many of the objects have never before been seen in the UK. The royal collections of Udaipur and Jodhpur are lending several spectacular paintings and objects. The V&A is reuniting four portraits from the 1930s by Bernard Boutet de Monvel depicting the elegant Maharaja and Maharani of Indore. One pair depicts them in Maratha dress and the other in modern Western dress. They will be shown together on public display for the first time. The exhibition will begin with a recreation of an Indian royal procession with a life- sized model elephant adorned with animal jewellery, textiles and trappings and surmounted with a silver howdah. The maharajas were also patrons of the emerging European avant-garde. The exhibition will include modernist furniture commissioned by the Maharaja of Indore for his palace in the 1930s and architectural designs for the Umaid Bhawan palace, an Art Deco style residence commissioned by the Maharaja of Jodhpur. (Maharaja)

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