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  • MIL-OSI: Caisse Française de Financement Local: EMTN 2025-4

    Source: GlobeNewswire (MIL-OSI)

    Paris, 3 February 2025

    Capitalised terms used herein shall have the meaning specified for such terms in the Caisse Française de Financement Local base prospectus to the €75,000,000,000 Euro Medium Term Note Programme dated 8 July 2024 (the “Base Prospectus”).

    Caisse Française de Financement Local has decided to issue on 5 February 2025 – Euro 50,000,000 Callable Fixed Rate Obligations Foncières due 5 February 2055. 

    The Base Prospectus dated 8 July 2024 and the supplements to the Base Prospectus dated 13 September 2024, 30 September 2024 and 26 December 2024 approved by the Autorité des Marchés Financiers are available on the website of the Issuer (https://www.caissefrancaisedefinancementlocal.fr/), at the registered office of the Issuer: 112-114, avenue Emile Zola, 75015 Paris, France, and at the office of the Paying Agent indicated in the Base Prospectus.

    The Final Terms relating to the issue will be available on the website of the AMF (www.amf-france.org) and of the Luxembourg Stock Exchange (www.bourse.lu), at the office of the Issuer and at the office of the Paying Agent.

    Attachment

    The MIL Network –

  • MIL-OSI: CampDoc and Tessitura Announce Partnership and Integration for Arts and Culture Organizations

    Source: GlobeNewswire (MIL-OSI)

    ANN ARBOR, Mich., Feb. 03, 2025 (GLOBE NEWSWIRE) — CampDoc, the leading electronic health record (EHR) system for camps and youth programs, and Tessitura, a nonprofit technology company serving arts and culture organizations, are excited to announce a new partnership and integration designed to streamline operations while improving health and safety.

    This strategic collaboration connects the CampDoc EHR with Tessitura’s powerful CRM and ticketing platform, creating a unified solution. The integration enables seamless data syncing, reducing administrative burdens for performing arts organizations, aquariums, museums, zoos and other cultural organizations that offer youth programs.

    “We’re proud to partner with Tessitura to empower their organizations with tools that make health and safety more accessible,” said Dr. Michael Ambrose, Founder and CEO of CampDoc. “This integration brings peace of mind to families and enables staff to focus on delivering unforgettable experiences, knowing that critical health information is readily available when it’s needed most.”

    Tessitura’s comprehensive CRM platform supports ticketing, fundraising, memberships and more for 800 arts and culture organizations in 10 countries worldwide. CampDoc is a SOC 2 Type 2 and HIPAA-compliant solution already used by many Tessitura organizations. This new integration ensures a seamless experience for teams that employ both solutions.

    “Our collaboration with CampDoc reflects a commitment to connecting our members with leading partner resources that simplify their operations and enhance their customer experience,” said Rebecca Herberson, Vice President of Solutions and Strategic Partnerships at Tessitura. “Together, we’re equipping organizations with the tools needed to deliver both outstanding cultural programs and exceptional care for participants and their families.”

    The CampDoc and Tessitura integration addresses the increasing need for streamlined, secure and user-friendly solutions. Organizations interested in learning more about the integration between CampDoc and Tessitura can visit www.campdoc.com or www.tessitura.com.

    About DocNetwork
    CampDoc and SchoolDoc offer the most comprehensive Electronic Health Record (EHR) solution to help ensure the health and safety of children while they are away from home. DocNetwork is trusted by over 1,250 programs across all 50 states and internationally, including traditional day and residential camps, aquariums, museums, zoos, YMCAs, JCCs, Girl Scouts, Boy Scouts, parks and recreation facilities, colleges and universities, and K-12 public, private, and charter schools. For more information about DocNetwork and web-based health management, please visit www.campdoc.com, www.schooldoc.com, or call 734-619-8300.

    About Tessitura
    Tessitura is a nonprofit technology company dedicated to helping arts and culture organizations thrive. CRM lies at the heart of Tessitura’s mission and secure technology platform. Ticketing and admissions work hand-in-hand with fundraising, membership, marketing, education and front of house. Intuitive reporting and forecasting tools help reduce uncertainty and turn data into insights. And features such as frictionless payments, digital ticketing and integrated e-commerce help build a sustainable and accessible future. Tessitura works with more than 800 organizations in 10 countries. For more information, visit www.tessitura.com.

    Contact:

    For DocNetwork:
    Michael Ambrose, M.D.
    DocNetwork
    734-619-8300
    michael@docnetwork.org

    For Tessitura:
    communications@tessituranetwork.com

    The MIL Network –

  • MIL-OSI: Nokia selected by DE-CIX to upgrade New York’s largest Internet Exchange backbone

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia selected by DE-CIX to upgrade New York’s largest Internet Exchange backbone 

    • New York’s largest Internet Exchange to receive 400GE backbone upgrade and 800GE support as network ecosystem grows, resulting in greater router flexibility and operational resilience.
    • Nokia optical solution offers improved flexibility, faster incident response times, and seamless customer experience with no service interruptions.

    3 February 2025
    New York, USA – Nokia and DE-CIX, the world’s leading Internet Exchange (IX) operator, today announced the upgrade of the backbone network for DE-CIX New York, the largest IX in NY and in the US Northeast region. The DE-CIX backbone will be upgraded to 400 Gigabit Ethernet (GE) using Nokia optical technology and redesigned in a ring topology, redundantly interconnecting the 10 data center facilities where DE-CIX infrastructure is housed and enhancing the resiliency of the platform for all participants.

    The Nokia optical solution also enables 800GE support for anticipated further growth of the IX and employs Reconfigurable Optical Add/Drop Multiplexer (ROADM) technology to ensure much greater routing flexibility, faster reaction times in the case of incidents, and a seamless customer experience without any service interruptions.

    Dr. Thomas King, CTO of DE-CIX, said: “When we began planning the upgrade of our New York backbone, we wanted to simplify our network, while also increasing the resilience of the platform. We took a detailed look at the options in the market, and Nokia was the best choice for us. We have worked with Nokia globally for more than 10 years now, and the capacity, reliability, and innovative strength of their hardware has always impressed us.”

    Within a dense wavelength-division multiplexing (DWDM) system, the ROADM technology in Nokia’s 1830 Photonic Service Switch (PSS) makes it possible to automatically reroute waves at the optical layer in any direction around the backbone. This means that incidents at any location in the network can be mitigated more rapidly and less capacity is required at the IP layer to guarantee the same level of resilience.

    James Watt, Senior Vice President and General Manager of Nokia’s Optical business, said: “In today’s connected world, staying resilient and ready to scale is a must. This upgrade to DE-CIX New York’s backbone isn’t just about supporting the largest Internet Exchange in the Northeast — it’s about shaping the future of connectivity in one of the world’s biggest markets. With Nokia’s cutting-edge optical tech, we’re ensuring networks are flexible, reliable, and ready to handle whatever comes next. Together with DE-CIX, we’re building the foundation for a limitless digital future.”

    Ed d’Agostino, Vice President DE-CIX North America, said: “This upgrade, powered by Nokia’s optical technology, allows us to future-proof our platform to best serve the New York market and start 2025 on track for further growth. With the number of data centers that we integrate, it is imperative that we have a state-of-the-art transport network with scalable capacity. DE-CIX New York is the largest IX in New York and the youngest Internet Exchange in the Top 5 largest IXs in the US. The platform covers an area spanning Long Island to the East and Piscataway and Edison to the South and West. It connects over 265 networks from across the city, with an infrastructure that spans over 40 data centers served.

    DE-CIX New York is connected to all other DE-CIX locations in North America, enabling remote peering and access to a vibrant ecosystem of networks not present in other local exchanges. The DE-CIX Internet and Cloud Exchanges in New York, Dallas, Chicago, Richmond, Houston, and Phoenix, and the dedicated Cloud Exchange in Seattle, form the largest carrier and data center neutral interconnection ecosystem in North America.

    Further, DE-CIX New York is directly connected to DE-CIX’s locations in Europe – e.g. DE-CIX Frankfurt, the largest IX in Europe – and beyond. Globally in 2025, the 30th year since the operator’s establishment, DE-CIX offers its interconnection services in close to 60 locations across Europe, Africa, North and South America, the Middle East, and Asia. Accessible from data centers in over 600 cities world-wide, DE-CIX interconnects thousands of network operators (carriers), Internet service providers (ISPs), content providers and enterprise networks from more than 100 countries, and offers peering, cloud, and other interconnection services.

    Nokia, DE-CIX and 650 Group to host webinar on 5 March 2025, 12PM EST

    Nokia will host a webinar together with DE-CIX and 650 Group on the topic of “Rewiring the Future: Conversations on Networking for an AI-Driven World”. Interested parties can join Rodney Dellinger, CTO of Webscale, Nokia, Dr Thomas King, CTO of DE-CIX, and Alan Weckel, co-founder and principal analyst of 650 Group, as they discuss what’s needed for the success of GenAI and how the network needs to evolve to deliver these services to the end users. Further information can be found here.

    Resources and additional information
    DE-CIX New York: https://www.de-cix.net/en/locations/new-york
    Product page: 1830 Photonic Service Switch (PSS)
    Webpage: Nokia Optical Networks
    Webpage: Webscale networking for AI

    About Nokia 
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.  

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About DE-CIX North America
    DE-CIX North America Inc., which began operations in 2014, is a wholly owned subsidiary of DE-CIX International AG, the international arm of DE-CIX, the world’s leading Internet Exchange operator. Together, the DE-CIX Internet and Cloud Exchanges in New York, Dallas, Chicago, Richmond, Houston, and Phoenix, and the dedicated Cloud Exchange in Seattle, create the largest neutral interconnection ecosystem in North America. DE-CIX provides network and data center-neutral peering and other interconnection services in North America. With access to DE-CIX North Americas’ Internet Exchanges, customers gain more control of their networks and access to world-class content providers, as well as IP transit, Virtual Private Network (VPN), and Blackholing services to mitigate the effects of DDoS attacks. DE-CIX New York is the youngest Internet Exchange in the Top 5 largest IXs in the US. It is carrier and data center-neutral and Open-IX certified. DE-CIX’s IXs are distributed across major carrier hotels and data centers throughout each metro region it serves. DE-CIX operates more access points than any other Internet Exchange operator in North America. For more information, please visit https://de-cix.net/north-america

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    DE-CIX Global Public Relations
    Judith Ellis, Nils Klute, Elisabeth Marcard, Viola Schreiber, Robert Stotzem & Carsten Titt
    Telephone: +49 (0)69-1730902-130
    Email: media@de-cix.net 

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    The MIL Network –

  • MIL-OSI United Kingdom: Sixteen people recognised by His Majesty’s Lord- Lieutenant of Gwent

    Source: United Kingdom – Executive Government & Departments

    The efforts of 16 people, including 3 young cadets from across Gwent have been recognised by the King’s representative for the county.

    Lord-Lieutenant of Gwent Awards. Copyright of RFCA for Wales.

    In recognition of their outstanding service and devotion to duty, 3 people were awarded the Lord-Lieutenant’s Certificate of Merit by Brigadier Robert Aitken CBE CStJ at the awards ceremony at Chapman VC House, Cwmbran, on Thursday 30 January.

    The recipients were Staff Sergeant Paul Carter of 100 Field Squadron, The Royal Monmouthshire Royal Engineers (Militia) and Second Lieutenant Katie Marfell and Sergeant Major Instructor Tyrone Gravell both of Gwent and Powys Army Cadet Force.

    The achievements of the Lord-Lieutenant’s 3 cadets were recognised and celebrated during the event attended by 80 people. 

    Cadet Sergeant Major Robert Lewis and Cadet Sergeant Major Thomas Wilson both of Gwent and Powys Army Cadet Force and Cadet Warrant Officer Megan Hutton of No 1 Welsh Wing RAF Air Cadets outlined to the audience highlights of their time in cadets.

    The role, which lasts for a year, includes attendance with the Brigadier (who acts as the King’s representative) at a number of official engagements such as Remembrance events, Royal visits and parades.

    The 3 were selected for the prestigious Lord-Lieutenant’s cadet role after being put forward for nomination by cadet group leaders and the Reserve Forces’ and Cadets’ Association for Wales.

    The King’s Coronation Medal was also presented to Staff Sergeant Paul Carter, 5 members of Gwent and Powys Army Cadet Force and two members of No 1 Welsh Wing RAF Air Cadets, in recognition of their service. The King’s Coronation Medal is a thank you from the nation for those who were a member of the Armed Forces on 6 May 2023 and had 5 years’ uninterrupted service.

    They were Second Lieutenant Greg McFarlane, Staff Sergeant Instructor Peter Clements, Staff Sergeant Instructor Peter Hire, Staff Sergeant Instructor Kevin Trigg and Sergeant Instructor Clive Scott of Gwent and Powys ACF and Squadron Leader Ken Lavender and Squadron Leader Chris Stubbs of No 1 Welsh Wing RAF Air Cadets.

    Staff Sergeant Peter Hire was also presented with the Cadet Forces’ Medal, which is awarded to members of the Cadet Force for 12 years service. 

    Volunteer service recognition awards were also presented to three members of the Sea Cadet Corps. These were Civilian Instructor Brendyn Metcalfe of Torfaen Sea Cadets for 12 years service, Petty Officer Bryony Duggan of Newport Sea Cadets for six years service and Mr Robin Lawlor of Torfaen Sea Cadets also for six years service. 

    There are nearly 5,000 cadets in Wales who gain skills and qualifications through working with local communities, charities and taking part in a variety of practical activities. 

    The cadet syllabus is delivered by 1,850 volunteering adult Instructors and civilian assistants, who give up their spare time on weeknights and weekends.

    The awards event was organised by the Reserve Forces’ and Cadets’ Association (RFCA) for Wales – an organisation that has supported the Armed Forces for over 100 years.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government sets out plans to target ‘stuck’ schools

    Source: United Kingdom – Executive Government & Departments

    Education Secretary sets out plan for a new era of school standards.

    Stronger accountability, increased intervention in stuck schools and faster school improvement are at the heart of this government’s plan to give every child the best start in life, the Education Secretary has said today.

    Speaking at the Centre for Social Justice, Bridget Phillipson laid out plans for a new era of school standards building on the reforms of successive governments and delivering on the Prime Minister’s Plan for Change – breaking the link between background and success. 

    This includes an excellent teacher for every classroom, a high-quality curriculum for every school and a core offer of excellence for every parent so that every child can achieve and thrive.  

    The Secretary of State announced new plans to tackle forgotten schools as part of proposals for a significantly strengthened school accountability system that works for parents. 

    There are more than 600 ‘stuck’ schools in England that have received consecutive poor Ofsted judgements, and which are attended by more than 300,000 children. Those attending these schools leave primary school with results 14 percentage points worse on average and secondary school with results a grade per subject worse on average.  

    Plans unveiled by the Education Secretary today provide for a stronger, faster system, spearheaded by an initial £20m investment in new regional improvement teams, known as RISE teams which will prioritise these stuck schools. They will draw up bespoke improvement plans with those schools, with government making up to £100,000 available initially to each school for specialist support. This compares to a £6,000 grant that was available previously for similar schools. 

    In her speech, Education Secretary Bridget Phillipson said: 

    Stuck schools are the new front in the fight against low expectations. 

    I will not accept a system that is content for some to sink, even while others soar.  

    The opportunity to succeed must be the right of every child. 

    We simply can’t allow stuck schools to disappear off the radar. 

    The reforms announced today continue the strong accountability already within the education system since the growth of inspection in the 1990s that has improved school standards.

    The government will continue to use structural intervention – converting to an academy, or moving to a new, strong trust – where Ofsted identifies the most serious concern or does not identify rapid improvement. It has also proposed closer monitoring of schools with the most serious problems to track progress. 

    The government expects the number of schools that receive mandatory intervention – including structural and from RISE teams – to be around double than before, securing swift improvement for children and driving high and rising standards in every part of the country.  

    Leora Cruddas, Chief Executive of the Confederation of School Trust, said:

    There is a lot to be proud of about our school system in England. We are a good school system on a journey to great.

    This is because we have built on the evidence of what works – thirty years of curriculum development, teacher development, accountability, structural reform, and innovation. But the school system does not work for all children: the gap between economically disadvantaged pupils and their peers has widened; the system does not serve children with SEND well; and not enough of our children feel like they belong in our schools. Some of our schools are not on a secure improvement trajectory.

    If we are to build a great school system, then we must design it so that all our children achieve and thrive. We are committed to working with government to design a system that is built on excellence, equity, and inclusion.

    Sir Hamid Patel, Chief Executive of Star Academies, said:

    The Government is right to focus on strong and supportive accountability to deliver high standards and expectations. While we take pride in the significant strengths, achievements, and international reputation of our school system, the entrenched disadvantage gap is a national crisis that requires urgent and persistent action from us all.

    The introduction of RISE Teams to support the work of our outstanding school trusts, along with additional funding for tailored school improvement and enhanced monitoring of schools facing serious performance challenges, will contribute to an aspirational system that benefits all children and families.

    Jon Coles, Chief Executive of United Learning, said:

    Turning around schools which are not doing a good enough job for children is a critical priority for our school system. It is therefore good to see the government’s determination to ensure rapid improvement in a larger number of struggling schools while continuing with structural intervention in the weakest schools by using all the resources and capacity available.

    Jason Elsom, Chief Executive of Parentkind said:

    Parents will welcome efforts to make sure that there are high standards in every classroom.

    Schools will be at the centre of significant social change during the decade ahead and we will need a robust, responsive system that not only recognises when schools are excelling but steps in with meaningful support when they struggle.

    When we engage with parents about school inspections, their message is clear: they want a framework that is firm yet fair, one that places the success and well-being of every child at its core and acknowledges the essential role of parents in making this vision a reality.

    Dr Vanessa Ogden, Chief Executive Mulberry Schools, said:

    We see an ambitious plan announced today that invests in the quality assurance, leadership and resources to build on existing success and improve standards for all. Those schools that need it will get the expert challenge and support required to achieve turnaround. Those that already hold this knowledge can help. Working together in this way, we can ensure that every child gets the great school they deserve – and we can reach higher and further than ever in education, for a thriving economy, regional prosperity and fulfilled secure lives.

    Tom Campbell, Chief Executive Office, E-Act, said:

    I welcome the government investment in support for schools who have been left to struggle in recent years.  The RISE teams and their focus on support rather than intervention makes high quality school improvement available to all schools, irrespective of which trust or LA they are in or which geographical region they are based.

    While RISE teams will immediately prioritise stuck schools, the proposals also set out that they will engage with schools that have concerning levels of pupil attainment, including large year-on-year declines.  

    The teams will also work across all schools providing a universal service, signposting to best practice and bringing schools together to share their knowledge and innovation.  

    The measures today come as Ofsted has unveiled the new report cards which they propose will evaluate schools across nine separate areas.  They also set out proposals for evaluating areas from ‘exemplary’ to ‘causing concern’, holding schools to a higher standard and providing far greater information for parents.  

    School report cards will start to be introduced from this autumn.  

    ENDS 

    • RISE teams abbreviated from ‘Regional Improvement for Standards and Excellence’.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: 11.5 million file Self Assessment by 31 January deadline

    Source: United Kingdom – Executive Government & Departments

    Millions of taxpayers filed their Self Assessment tax return for the 2023 to 2024 tax year by the deadline.

    • More than 11.5 million taxpayers filed their Self Assessment tax return by midnight on 31 January.
    • 97.36% of tax returns were filed online.
    • 90.53% of expected filers filed their Self Assessment.

    More than 11.5 million taxpayers beat the Self Assessment deadline to file their tax return for the 2023 to 2024 tax year by 31 January and avoid a £100 late filing penalty, HM Revenue and Customs (HMRC) can reveal.

    The number of people who filed their return on deadline day was 732,498, with the most common time being 16:00 to 16:59 when 58,517 people filed. Thousands left submitting their return until the very last minute when 31,442 filed between 23:00 and 23:59.

    HMRC is urging anyone who has missed the deadline to file their tax return now and pay any tax owed. One of the quickest ways to pay is via the free and secure HMRC app. Time to Pay arrangements are available for those who cannot pay their tax bill in full. Late filing and late payment penalties are charged for failure to meet the deadline.

    Myrtle Lloyd, HMRC’s Director General for Customer Services, said:

    Thank you to the millions of people and agents who filed their Self Assessment tax return and paid any tax owed by 31 January. I’m urging anyone who missed the deadline, to submit their return as soon as possible to avoid any further penalties. Search ‘Self Assessment’ on GOV.UK to find out more.

    The penalties for filing a tax return late are:

    • an initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time
    • after 3 months, additional daily penalties of £10 per day, up to a maximum of £900
    • after 6 months, a further penalty of 5% of the tax due or £300, whichever is greater
    • after 12 months, another 5% or £300 charge, whichever is greater

    There are also additional penalties for paying late – 5% of the tax unpaid at 30 days, 6 months and 12 months. Interest will also be charged on any tax paid late.

    If someone regularly sells goods or provides services through an online platform, they may need to pay tax on their income. Customers can find out more about selling online and paying taxes on GOV.UK by searching ‘online platform income’ or by downloading the HMRC app. The guidance will help them decide if their activity should be treated as a trade and if they need to complete a Self Assessment tax return.

    Further information

    Self Assessment 2025 facts summary:

    • 12,026,540 Self Assessment returns expected
    • 11,509,810 returns received by 31 January. This includes expected returns, voluntary returns and late registrations
    • 10,887,810 expected returns received by 31 January
    • An estimated 1.1 million customers missed the deadline
    • 11,205,810 returns were filed online (97.36% of returns, following adjustments)
    • 304,000 paper tax returns were filed (2.64% of returns, following adjustments)

    Voluntary returns/late registrations are an estimate based on returns received by early January and previous filing behaviour.

    These figures are indicative and may be subject to further adjustments once all figures have been ratified.

    Previous Self Assessment statistics:

    • 11,581,962 returns received for the 2022 to 2023 tax year by 31 January 2024
    • 11,351,289 returns received for the 2021 to 2022 tax year by 31 January 2023

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New partnerships with financial sector to unlock growth in UK and overseas

    Source: United Kingdom – Government Statements

    UK Minister for Development announces funding and partnerships to deliver Sustainable Development Goals and domestic growth, in speech at London Stock Exchange.

    • Government to partner with UK financial sector to deliver on the Plan for Change by tackling climate change and driving growth at home.
    • Minister for Development Anneliese Dodds pays tribute to the UK financial services sector, which “powers jobs and growth across the UK”.
    • New funding and partnerships will unlock investment opportunities, as part of a new development approach supporting sustainable economic growth overseas.

    Efforts to address the climate crisis and boost growth in the Global South and at home will be enhanced under a partnership approach between the government and the UK financial sector, the UK’s Minister for Development Anneliese Dodds announced today (Monday 3 February).

    Speaking at the London Stock Exchange, Minister Dodds praised the “expertise, experience and dynamism” of the UK’s financial services sector, and pledged to put this expertise “at the heart of how we meet the opportunities and challenges of our time”, including accelerating delivery of the UN’s Sustainable Development Goals (SDGs). These seek to address global challenges, including poverty, inequality, and climate change, to achieve a better and more sustainable future for all, by 2030.

    Minister Dodds set out how investment in the Global South is an opportunity for UK financial services “to marry investment in the economies and technologies of the future, with the experience and expertise of the City of London”, adding that the government will hold up its end of the bargain by working internationally to reform the global financial system to provide greater opportunity and stability.

    Minister for Development Anneliese Dodds said:

    With businesses and the government working hand in hand to drive investment in the Global South, we can unlock growth, jobs, trade, investment, and pride in our economy overseas and here at home.

    This government is enabling the financial services sector to flourish and use its expertise and depth of capital to invest in the markets and technologies of the future.

    Through partnerships like this, we will deliver on the Plan for Change, drive domestic growth, and create a world free from poverty on a liveable planet.

    The Minister announced up to £100 million for the UK’s flagship public markets programme MOBILIST. This programme will provide businesses focused on delivering the SDGs with the anchor funding and expert advice they need to list on stock exchanges around the world, including in London, allowing them to attract significant sums of additional private investment. 

    This is expected to generate between £400 million and £600 million of new investments in businesses across emerging markets in Asia, Africa, and Latin America. These investments will support economic growth, sustainable development, and climate action in local markets.

    She also celebrated the issuance of the first Climate Investment Fund (CIF) Capital Markets Mechanism (CCMM) bond last month, which raised $500 million (approximately £400 million) for energy and clean technology projects in low- and middle-income countries. The CCMM, launched by the Prime Minister at COP29, is a new financial mechanism to leverage future loan repayments by issuing bonds on capital markets.

    As today’s announcements demonstrate, this government’s modern approach to development focuses on harnessing the power of the private sector in mobilising the finance emerging markets need to grow. This will create future export markets for the UK and new overseas investment opportunities, supporting domestic growth and delivering on the government’s Plan for Change. It will also make the UK safer and more stable by tackling the drivers of conflict, climate crises and economic decline in partner countries.

    UK Climate Minister Kerry McCarthy said: 

    This is a historic moment for tackling the climate crisis, with the first bond raising $500 million to accelerate the global clean energy transition and support the flow of climate finance to developing countries.

    Public finance alone cannot tackle the scale of this challenge, and this mechanism will help leverage the private finance needed to support those on the frontline of a changing climate.

    Its listing in the UK positions London as a green finance capital. By working with partners such as the World Bank the UK can drive the action needed to grow the economy and reap the rewards of net zero.

    Minister Dodds made the announcements during a speech to the UK financial sector, including pension funds, insurers, banks, and development finance organisations, after joining a market opening ceremony at the London Stock Exchange.

    Julia Hoggett, CEO of the London Stock Exchange, added:

    Flows of investment are vital to generating sustainable growth both in the UK and around the world. London’s capital markets have long played a leading role in driving flows of capital to where they need to go, and we welcome the focus on fuelling growth and supporting the just transition to net zero.

    As part of these efforts, we are proud to celebrate the listing of the Climate Investment Funds’ Capital Markets Mechanism on the London Stock Exchange. This pioneering bond issuance programme not only brings a new financing tool to our market but is facilitating critical investment in sustainable and clean assets.

    As part of the speech, the Minister also welcomed a first-of-its-kind report from UK institutional investors, co-led by Mercer, Aviva Investors and the Private Infrastructure Development Group (PIDG) and supported by the Institutional Investors Group on Climate Change (IIGCC), on scaling private capital for climate action in emerging markets, and announced a new taskforce to take its recommendations forward.

    The speech comes a week after British International Investment (BII), which is funded by the FCDO, launched a call for institutional investors to work with them to develop solutions that will boost the flow of private capital into emerging markets, which are often considered too risky by global investors, but can offer attractive investment opportunities for growth, diversification and impact for the climate transition. 

    Tariye Gbadegesin, Chief Executive Officer, Climate Investment Funds, said:

    The UK has long recognized that to transform our energy systems at the scale and speed required, we must deploy public money smartly. That means putting climate finance to work where it’s most needed: investing in promising new technologies and enabling new clean energy markets, to spur private sector interest at scale.

    As a founding member of the Climate Investment Funds and a proud partner in the launch of our next-generation CIF Capital Markets Mechanism today, the UK is demonstrating its commitment to bold new models of public-private partnership for both people and planet.

    Benoit Hudon, Mercer’s UK President and CEO said:

    UK institutional investors, as part of the wider financial and professional services ecosystem are uniquely placed to help finance development projects in emerging markets and developing economies, which will also support UK growth. The report published today, co-led by Mercer, sets out a range of measures the UK Government and finance industry can take to secure the UK’s position as the world’s leading destination for transition finance.

    Background

    The Minister’s full speech will be made available on gov.uk following the event: Search – GOV.UK

    Photos to be available on FCDO Flickr later today.

    About MOBILIST 

    A flagship UK government programme, MOBILIST (Mobilising Institutional Capital Through Listed Product Structures) identifies and invests in scalable, replicable transactions on public markets that help deliver the climate transition and the Sustainable Development Goals. MOBILIST invests capital on commercial terms, delivers technical assistance, conducts research, and builds partnerships to catalyse investment in newly listed products. Since its inception, MOBILIST has invested £87 million in equity and equity commitments, directly mobilising £247.5 million in private capital.

    Examples of initiatives supported by MOBILIST include:

    • Citicore Renewable Energy Company: in June 2024, MOBILIST supported the Philippines in its transition to renewable energy through a £9.9 million local currency investment in the initial public offering (IPO) of Citicore Renewable Energy Corporation (CREC) on the Philippines Stock Exchange, Inc. (PSE), helping to decarbonise the Philippines power generation fleet by rapidly rolling out wind and solar, adding 2.3GW by the end of 2025 and 5GW by 2028. MOBILIST’s investment supported £63.7 million of private investment, a mobilisation ratio of 6.25.
    • Bayfront Infrastructure Capital IV: MOBILIST’s £4 million equity investment in September 2023 into a $410 million securitisation vehicle that listed on the Singapore Stock Exchange and enabled the greening of bank balance sheets in Southeast Asia and attracted international investors into developing countries’ infrastructure. MOBILIST’s investment supported £90.5 million in private investment, a mobilisation ratio of 22.9.

    About the CIF & CCMM

    The Climate Investment Funds (CIF) were launched in 2008 to invest in Emerging Markets and Developing Economies (EMDEs) climate projects. To date, the CIF has leveraged over $64bn from $12.3bn of donor contributions, supporting over 400 projects in over 80 countries. The UK (led by DESNZ) is a leading donor and chairs its Joint Trust Fund Committee.

    The CIF Capital Markets Mechanism (CCMM) was launched by the Prime Minister at COP29, and the bonds were issued on the London Stock Exchange in January 2025. It is a new financial mechanism to leverage future loan repayments (reflows) from previous investments made under the CIF’s Clean Technology Fund (CTF), by issuing bonds on capital markets. 

    Examples of investments made by the CTF include:

    • In South Africa, CTF invested $430.9 million (with co-financing of $2.28 billion). Key achievements include supporting Sub-Saharan Africa’s first large-scale battery storage project and increasing clean energy share in the power grid. This has led to a reduction of 1 million tons of CO2 annually. Notable projects include the KaXu, Xina, and Khi solar plants and the 2023 launch of Africa’s largest battery energy storage system.
    • In Thailand, CTF invested $85.7 million (with co-financing of $1.1 billion). This funding supported over 480MW of solar and wind capacity, reducing 160,000 tons of CO2 annually. Over eight years, wind capacity increased seven-fold, and solar capacity more than doubled. CTF also helped finance the Theppana Wind Power Project and kickstarted the Solar Power Company Group to develop solar farms across northeastern Thailand.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Debt collection and enforcement services

    Source: United Kingdom – Government Statements

    Advantis take over responsibility for Crown Court means testing (CCMT) debt collection and enforcement services (DCES).

    On Monday 3 February 2025, Advantis Credit Ltd. took over responsibility for Crown Court means testing (CCMT) debt collection and enforcement services (DCES) for the Legal Aid Agency (LAA).

    Advantis were awarded the DCES contract in August 2024, following a competitive procurement process, and have been working with LAA and the previous supplier, Marston Holdings Ltd. over the past six months to mobilise the service and ensure a smooth transition between suppliers.

    Further information

    You can find frequently asked questions (FAQs) about Advantis, including information specific to LAA, at Advantis Credit FAQ.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Escalation of violence in eastern Democratic Republic of the Congo: G7 foreign ministers’ statement

    Source: United Kingdom – Executive Government & Departments 3

    G7 foreign ministers gave a statement condemning the Rwanda-backed M23 offensive in eastern Democratic Republic of the Congo and the capture of Minova, Saké and Goma.

    Joint statement:

    We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the High Representative of the European Union, strongly condemn the Rwanda-backed M23 offensive in the eastern Democratic Republic of the Congo, and in particular, the capture of Minova, Saké and Goma. We urge M23 and the Rwanda Defence Force (RDF) to cease their offensive in all directions. We call for the urgent protection of civilians.

    We also call for an end to all direct and indirect support to the M23 and all non-state armed groups in the DRC. This offensive constitutes a flagrant disregard for the sovereignty and territorial integrity of the DRC. We also condemn M23’s intention to continue expansion into South Kivu.

    This latest M23 offensive has led to a dramatic increase in displaced civilians in Goma and across eastern DRC, on top of the displacement of hundreds of thousands of people since the start of the M23 offensive in January. We deplore the devastating consequences of the renewed M23 and RDF offensive, worsening already difficult humanitarian conditions.

    G7 Foreign Ministers call for the rapid, safe and unimpeded passage of humanitarian relief for civilians and reiterate that humanitarian personnel must be provided assurances of safety.

    We urge all parties to return to the negotiating table and honour their commitments under the Luanda Process. We urge the M23 to withdraw from all controlled areas. We also urge all parties to fully commit to a peaceful and negotiated resolution of the conflict.

    We reiterate our full support to the United Nations Organization Stabilization Mission in the DRC (MONUSCO) to protect civilians and stabilize the region and call on all parties to respect its mandate.

    Attacks against peacekeeping personnel are entirely unacceptable. We extend our deepest condolences to the families of the fallen peacekeepers of MONUSCO and the Southern African Development Community Mission in the Democratic Republic of the Congo (SAMIDRC).

    We strongly condemn all attacks against diplomatic missions in Kinshasa. We urge the Congolese authorities to take all appropriate steps to protect diplomats and the premises of diplomatic missions, as is their responsibility in accordance with international law.

    Updates to this page

    Published 2 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Terms for Nykredit’s and Totalkredit’s auctions – Totalkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen 
            
    Terms for Nykredit’s and Totalkredit’s auctions

    The total bond offering in connection with the interest rate adjustment of adjustable-rate mortgages (ARMs) and the refinancing of floating-rate loans at Nykredit’s and Totalkredit’s refinancing auctions amounts to approx. DKK 53.6bn. The auctions will be conducted in the period from 4th to 7th Februrary 2025.

    In the auction period, Nykredit Realkredit A/S will publish the amounts offered in the individual ISINs daily at nykredit.com/ir.

    Terms for the auctions including a list of the bonds offered, amounts offered and an auction schedule appear from Appendices 1 and 2.

    Questions regarding the bond sale as well as technical matters may be addressed to Nykredit Realkredit A/S, Group Treasury, Christian Mauritzen, tel +45 44 55 10 14.

    Other questions may be addressed to Corporate Communications, tel +45 44 55 14 50.

    Appendix 1: Auction terms

    Bonds offered, amounts offered and auction schedule
    Appendix 2 contains auction schedules, lists of bonds offered, expected amounts and settlement dates.

    Every morning at 09:00 CET in the auction period, the amounts offered on that particular day in the individual ISINs will be published at nykredit.com/ir under “Debt”, where you can find information on the refinancing auctions.

    Refinancing principles – ARMs
    The Nykredit Group offers fixed-rate non-callable bullet covered bonds for interest rate adjustment of ARMs based on the “refinancing price” principle.

    For interest rate adjustment at the refinancing price, the bonds are sold at one or more bond auctions. The price is fixed as a weighted average of the prices obtained at the auctions.

    If the Nykredit Group finds that the amount of bonds offered at an auction is not sufficient to obtain a market-consistent price, the refinancing price will instead be based on the Consolidated Reference Price of the bond in question quoted on Nasdaq Copenhagen.

    Refinancing principles – floating-rate loans
    Floating-rate loans are refinanced at four stand-alone auctions.

    • ISIN DK000954829-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000953644-3

    • ISIN DK000954810-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954136-9

    • ISIN DK000954802-6 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954152-6

    • ISIN DK000954799-4 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Euribor/3 months
    Fixing method: Second last Business Day
    Expiring ISIN: DK000953865-4

    Credit ratings
    All auctioned bonds issued through Capital Centre H and G are rated AAA by S&P.

    Bids
    Bids for fixed-rate non-callable bullet covered bonds must be made in terms of amount and price. With respect to bonds maturing within 14 months, bids must be made in prices correct to three decimals. Other bids must be made correct to two decimals.

    For all DKK-denominated bonds bids must be made in multiples of DKK 100,000, and for all EUR-denominated bonds in multiples of EUR 10,000.

    More than one bid may be made in the same ISIN.

    Type of auction
    Mortgage bonds issued through Capital Centre H will be auctioned through Nasdaq Copenhagen’s auction submarket: 136 – CPH Auctions. Participants are stockbrokers and investors with access to the auction submarket at Nasdaq Copenhagen.

    Allotment
    As regards bonds for which bids are made in terms of price, bids above the cut-off price will be settled in full, and bids at the cut-off price may be accepted on a pro rata basis.

    With respect to bonds for which bids are made in terms of reference rate spread, bids below the cut-off spread will be settled in full, and bids at the cut-off spread may be accepted on a pro rata basis.

    All trades concluded will be published through Nasdaq Copenhagen.

    Allotment at the auctions will take place as soon as possible, but not later than 10 minutes after closing.

    Conditional offering of bonds with interest rate trigger
    A condition of the final completion of a sale (allotment) of bonds offered with an interest rate trigger is that the yield-to-maturity of the bonds will not rise by more than 5 percentage points. Reference is made to the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act.

    Value date
    All bonds at auction will be subject to long settlement. The value date of all trades executed at the auctions will be 1st April 2025.

    Reverse facility
    As the bonds traded will be subject to long settlement, Nykredit Realkredit A/S offers a reverse facility to auction participants whose bids have been accepted and who require the bonds after only two trading days.

    By means of the reverse facility, Nykredit Realkredit A/S offers to sell the allotted bonds subject to the conventional two settlement days and subsequently repurchase them with 1st April 2025 as the value date.

    The size of the reverse facility will be determined on an individual basis but cannot exceed the amount allotted to each individual bidder. The reverse facility can be made conditional on the investor providing a corresponding amount of bonds maturing on 1st April 2025.

    Reverse facilities will be arranged on an individual basis. Please contact Nykredit Realkredit A/S, Group Treasury, Morten Søby Willendrup, tel +45 44 55 16 92.

    Reservations regarding auctions
    If, contrary to expectations, technical problems should prevent Nykredit Realkredit A/S from conducting an auction through Nasdaq Copenhagen’s auction submarket, a stock exchange announcement will be issued containing the practical details of the auction.

    Tap sales
    Tap sales are made on 5th and 6th February 2025. Bids may be made on these days by contacting Nykredit Realkredit A/S, Group Treasury.

    Other terms
    The Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. If a sale of bonds has to be cancelled, the market will be notified immediately by a stock exchange announcement.

    Appendix 2: Settlement times and amounts offered for bonds issued through Capital Centre H and G.

    ISIN Capital centre IT / RF* Coupon Maturity date Bids on Interest rate
    trigger    		 LCR level Currency Auction dates Settlement Offering (million)
                      Start End Cut-off Allotment  
    DK0009547051 SDO (H) IT / RF 1 01/04/2026 Price 8,25% 1b DKK 04/02/2025 07/02/2025 11:30 11:40 22,000
    DK0009515363 SDO (H) RF 1 01/01/2028 Price – 1b DKK Tapsale**     355
    DK0009524001 SDO (H) RF 1 01/01/2030 Price – 1b DKK Tapsale**     195
    DK0009530750 RO (G) RF 1 01/04/2026 Price – 2a DKK Tapsale**     190
    DK0009533507 RO (G) RF 1 01/04/2027 Price – 1b DKK Tapsale**     275
    DK0009537920 RO (G) RF 1 01/04/2028 Price – 2a DKK 07/02/2025 10:30 10:40 1,400
    DK0009542847 RO (G) RF 1 01/04/2029 Price – non-level DKK Tapsale**     190
    DK0009546913 RO (G) RF 1 01/04/2030 Price – non-level DKK 07/02/2025 13:00 13:10 850
    DK0009548109 SDO (H) RF Adjustable 01/10/2028 Yield – 1b DKK 05/02/2025 13:00 13:10 7,900
    DK0009548299 SDO (H) RF Adjustable 01/10/2028 Yield – 1b DKK 05/02/2025 10:30 10:40 11,900
    DK0009548026 RO (G) RF Adjustable 01/10/2027 Yield   1b DKK 06/02/2025 10:30 10:40 4,600
    DK0009547994 SDO (H) RF Adjustable 01/04/2028 Yield – 1b EUR 06/02/2025 13:00 13:10 500

    *        (IT) Interest rate and refinancing trigger / (RF) Refinancing trigger
    **        Tap sales are conducted on 5th and 6th February 2025.

    Please note that the Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. The market must be notified hereof immediately by way of a company announcement.

    Attachment

    The MIL Network –

  • MIL-OSI: Terms for Nykredit’s and Totalkredit’s auctions – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen 

    Terms for Nykredit’s and Totalkredit’s auctions

    The total bond offering in connection with the interest rate adjustment of adjustable-rate mortgages (ARMs) and the refinancing of floating-rate loans at Nykredit’s and Totalkredit’s refinancing auctions amounts to approx. DKK 53.6bn. The auctions will be conducted in the period from 4th to 7th Februrary 2025.

    In the auction period, Nykredit Realkredit A/S will publish the amounts offered in the individual ISINs daily at nykredit.com/ir.

    Terms for the auctions including a list of the bonds offered, amounts offered and an auction schedule appear from Appendices 1 and 2.

    Questions regarding the bond sale as well as technical matters may be addressed to Nykredit Realkredit A/S, Group Treasury, Christian Mauritzen, tel +45 44 55 10 14.

    Other questions may be addressed to Corporate Communications, tel +45 44 55 14 50.

    Appendix 1: Auction terms

    Bonds offered, amounts offered and auction schedule
    Appendix 2 contains auction schedules, lists of bonds offered, expected amounts and settlement dates.

    Every morning at 09:00 CET in the auction period, the amounts offered on that particular day in the individual ISINs will be published at nykredit.com/ir under “Debt”, where you can find information on the refinancing auctions.

    Refinancing principles – ARMs
    The Nykredit Group offers fixed-rate non-callable bullet covered bonds for interest rate adjustment of ARMs based on the “refinancing price” principle.

    For interest rate adjustment at the refinancing price, the bonds are sold at one or more bond auctions. The price is fixed as a weighted average of the prices obtained at the auctions.

    If the Nykredit Group finds that the amount of bonds offered at an auction is not sufficient to obtain a market-consistent price, the refinancing price will instead be based on the Consolidated Reference Price of the bond in question quoted on Nasdaq Copenhagen.

    Refinancing principles – floating-rate loans
    Floating-rate loans are refinanced at four stand-alone auctions.

    • ISIN DK000954829-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000953644-3

    • ISIN DK000954810-9 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954136-9

    • ISIN DK000954802-6 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Cibor/3 months
    Fixing method: Fifth last Business Day (adjusted)
    Expiring ISIN: DK000954152-6

    • ISIN DK000954799-4 is non-callable.
      The mortgage bond is offered and settled at a price of 100.20.
      Based on the offer price, bids must be made in terms of the reference rate spread used for the regular coupon fixing.

    Reference Rate: Euribor/3 months
    Fixing method: Second last Business Day
    Expiring ISIN: DK000953865-4

    Credit ratings
    All auctioned bonds issued through Capital Centre H and G are rated AAA by S&P.

    Bids
    Bids for fixed-rate non-callable bullet covered bonds must be made in terms of amount and price. With respect to bonds maturing within 14 months, bids must be made in prices correct to three decimals. Other bids must be made correct to two decimals.

    For all DKK-denominated bonds bids must be made in multiples of DKK 100,000, and for all EUR-denominated bonds in multiples of EUR 10,000.

    More than one bid may be made in the same ISIN.

    Type of auction
    Mortgage bonds issued through Capital Centre H will be auctioned through Nasdaq Copenhagen’s auction submarket: 136 – CPH Auctions. Participants are stockbrokers and investors with access to the auction submarket at Nasdaq Copenhagen.

    Allotment
    As regards bonds for which bids are made in terms of price, bids above the cut-off price will be settled in full, and bids at the cut-off price may be accepted on a pro rata basis.

    With respect to bonds for which bids are made in terms of reference rate spread, bids below the cut-off spread will be settled in full, and bids at the cut-off spread may be accepted on a pro rata basis.

    All trades concluded will be published through Nasdaq Copenhagen.

    Allotment at the auctions will take place as soon as possible, but not later than 10 minutes after closing.

    Conditional offering of bonds with interest rate trigger
    A condition of the final completion of a sale (allotment) of bonds offered with an interest rate trigger is that the yield-to-maturity of the bonds will not rise by more than 5 percentage points. Reference is made to the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act.

    Value date
    All bonds at auction will be subject to long settlement. The value date of all trades executed at the auctions will be 1st April 2025.

    Reverse facility
    As the bonds traded will be subject to long settlement, Nykredit Realkredit A/S offers a reverse facility to auction participants whose bids have been accepted and who require the bonds after only two trading days.

    By means of the reverse facility, Nykredit Realkredit A/S offers to sell the allotted bonds subject to the conventional two settlement days and subsequently repurchase them with 1st April 2025 as the value date.

    The size of the reverse facility will be determined on an individual basis but cannot exceed the amount allotted to each individual bidder. The reverse facility can be made conditional on the investor providing a corresponding amount of bonds maturing on 1st April 2025.

    Reverse facilities will be arranged on an individual basis. Please contact Nykredit Realkredit A/S, Group Treasury, Morten Søby Willendrup, tel +45 44 55 16 92.

    Reservations regarding auctions
    If, contrary to expectations, technical problems should prevent Nykredit Realkredit A/S from conducting an auction through Nasdaq Copenhagen’s auction submarket, a stock exchange announcement will be issued containing the practical details of the auction.

    Tap sales
    Tap sales are made on 5th and 6th February 2025. Bids may be made on these days by contacting Nykredit Realkredit A/S, Group Treasury.

    Other terms
    The Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. If a sale of bonds has to be cancelled, the market will be notified immediately by a stock exchange announcement.

    Appendix 2: Settlement times and amounts offered for bonds issued through Capital Centre H and G.

    ISIN Capital centre IT / RF* Coupon Maturity date Bids on Interest rate
    trigger    		 LCR level Currency Auction dates Settlement Offering (million)
                      Start End Cut-off Allotment  
    DK0009547051 SDO (H) IT / RF 1 01/04/2026 Price 8,25% 1b DKK 04/02/2025 07/02/2025 11:30 11:40 22,000
    DK0009515363 SDO (H) RF 1 01/01/2028 Price – 1b DKK Tapsale**     355
    DK0009524001 SDO (H) RF 1 01/01/2030 Price – 1b DKK Tapsale**     195
    DK0009530750 RO (G) RF 1 01/04/2026 Price – 2a DKK Tapsale**     190
    DK0009533507 RO (G) RF 1 01/04/2027 Price – 1b DKK Tapsale**     275
    DK0009537920 RO (G) RF 1 01/04/2028 Price – 2a DKK 07/02/2025 10:30 10:40 1,400
    DK0009542847 RO (G) RF 1 01/04/2029 Price – non-level DKK Tapsale**     190
    DK0009546913 RO (G) RF 1 01/04/2030 Price – non-level DKK 07/02/2025 13:00 13:10 850
    DK0009548109 SDO (H) RF Adjustable 01/10/2028 Yield – 1b DKK 05/02/2025 13:00 13:10 7,900
    DK0009548299 SDO (H) RF Adjustable 01/10/2028 Yield – 1b DKK 05/02/2025 10:30 10:40 11,900
    DK0009548026 RO (G) RF Adjustable 01/10/2027 Yield   1b DKK 06/02/2025 10:30 10:40 4,600
    DK0009547994 SDO (H) RF Adjustable 01/04/2028 Yield – 1b EUR 06/02/2025 13:00 13:10 500

    *        (IT) Interest rate and refinancing trigger / (RF) Refinancing trigger
    **        Tap sales are conducted on 5th and 6th February 2025.

    Please note that the Nykredit Group is not obliged to sell the announced offering, and the offering may furthermore be subject to changes following loan disbursements in the auction period. In addition, the entire or parts of the offering may be postponed, but not later than the second-last business day of this quarter.

    On or before the second-last business day of this quarter, it must be ascertained whether the number of purchasers was sufficient for all the covered bonds offered. The market must be notified hereof immediately by way of a company announcement.

    Attachment

    The MIL Network –

  • MIL-OSI: Form 8.5 (EPT/RI) – De La Rue plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
    Rule 8.5 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Investec Bank plc
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 De La Rue plc
    (c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to De La Rue plc
    (d)        Date dealing undertaken: 31st January 2025
    (e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received

    Ordinary shares

    Purchases

    93,163

    113

    112

    Ordinary shares

    Sales

    93,163

    113

    111.5

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    N/A N/A N/A N/A N/A

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    N/A N/A N/A N/A N/A N/A N/A N/A

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
    N/A N/A N/A N/A N/A

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    N/A N/A N/A N/A

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None
    Date of disclosure: 03rdFebruary 2025
    Contact name: Abhishek Gawde
    Telephone number: +91 9923757332

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: GT Protocol wraps up a busy 2024 with numerous milestones including launching AI agents Builder

    Source: GlobeNewswire (MIL-OSI)

    Peter Ionov, CEO and Co-Founder of GT Protocol

    From a successful TGE to the launch of its Global AI Executive Technology, GT Protocol’s AI agents will make AI accessible to industries worldwide and are being integrated with major brands such as Nike, Amazon, and Shein

    DUBAI, United Arab Emirates, Feb. 03, 2025 (GLOBE NEWSWIRE) — GT Protocol, a blockchain AI execution protocol building advanced AI agents, enters 2025 on a high following a momentous 2024 defined by more than 100 strategic partnerships, key hires including the creation of an AI Solutions team, and recognition from major industry platforms as a top AI token. Enhancing all GT Protocol’s milestones and achievements is the launching of its Global AI Executive Technology, a powerful suite of tools, including the AI Agents Builder and AI Agents Marketplace with personalized AI agents designed to enhance the user experience. After initially starting out as an AI-powered Web3 investment and portfolio management platform, GT Protocol introduced its Global AI Executive Technology to expand its ecosystem into non-crypto services.

    As more companies deploy advanced generative AI tools, AI agents have emerged as software systems designed to go beyond today’s expansive AI models by reasoning, planning, and executing actions completely independent of humans. A recent Google white paper on the future of AI agents concluded that for enterprises, these agents aren’t just smarter AI models or a theoretical concept. The report states they are a practical tool that can reshape how businesses function.

    As GT Protocol advances its Global AI Executive Technology by creating AI agents designed to automate complex tasks and adapt to individual preferences, it enables businesses to embed its decentralized AI technology into their platforms through the GT API SDK. GT’s AI agents aren’t just tools but rather personal systems that smoothly integrate into both crypto and non-crypto services, changing how people engage with the digital world.

    To redefine efficiency and make AI accessible to all industries, these are GT Protocol’s AI agents:

    • Personalized AI Agent Auto caller: Used for streamlining bookings, meetings, and daily tasks for individuals and businesses. The personalized AI agents can also book restaurant reservations via the auto caller feature which integrates Google Maps, a speech API, and Voice over Internet Protocol (VoIP) to provide a more intuitive experience.
    • Global AI Translator: Real-time translations of voice messages across more than 100 languages. This AI agent features grammar checks and is compatible with Telegram and WhatsApp group chats.
    • Sexuality Meme Analyzer: This fun and lighthearted AI agent enables users to take a selfie and then have their sexuality rated.
    • Trading AI Agent: Automates crypto trading while delivering unique insights and optimized portfolio management. This AI agent also conducts marketing activities and can monitor competitors.

    Despite generative AI’s revolutionary impact, common chatbots often fail to meet users’ needs due to their generic nature. GT Protocol’s AI Agents Marketplace counters this by allowing users to create or select AI agents that are customized to fit their specific desires—whether to help with personal tasks, business operations, or creative endeavors. All AI agents, whether custom-built or from GT Protocol’s existing lineup, are rigorously tested to guarantee peak performance and reliability, enhancing productivity and creativity. Furthermore, if a custom-built agent becomes popular, it can receive crowdfunding with the potential of being listed on Raydium—providing a unique opportunity for scaling and community engagement.

    Powered by its Global AI Executive Technology, GT Protocol enables users to design their own AI agents to be featured in its AI Marketplace. Its AI Agent Builder is currently in a closed testing phase but recently opened up an early access program for early adopters to sign up and engage with the systems, including the AI Agents Marketplaces. GT Protocol is currently building additional AI agents.

    In 2024 GT Protocol’s Global AI Executive Technology highlighted the end of the year but the project made noise throughout the year, starting with a successful launch of its native $GTAI token in January. The $GTAI utility token garnered much recognition throughout the year, as it was listed as “Top Gainer” on BNB Chain seven times, achieved the top ranking for AI tokens on CoinGecko twice, and was trending on CoinMarketCap.

    GT Protocol was also recognized by Forbes as a leading AI-driven crypto project and was one of the top 10 most-voted projects on Skynet and Certik. GT Protocol was very active during 2024 participating in six major global conferences, including Token2049 and EthCC2024, while its CEO and Co-Founder Peter Ionov served as a judge for seasons six and seven of HackaTRON.

    During 2024, GT Protocol was featured in 67 publications including Cointelegraph, Finance Magnates, Investing.com, Crypto.news, and other leading publications where its advancements in AI and blockchain were highlighted. As part of its mission to consistently engage with its community, GT Protocol team members participated in an unprecedented 33 X (formerly Twitter) Spaces to discuss everything from AI, blockchain, and Web3 with other industry experts.

    “We couldn’t have wished for a better 2024 and look forward to continuing on our path in 2025,” says Peter Ionov, CEO and Co-Founder of GT Protocol. “Our achievements over the past year couldn’t have been done without the unwavering support we’ve received from our dedicated community, who will always be the backbone of our expanding ecosystem. We will continue building tools and products that provide simplicity, intelligence, and user empowerment as we look to redefine what is possible in AI and blockchain.”

    “It has been a real pleasure to collaborate with GT Protocol and its amazing team over the last year plus,” says Ilan Rakhmanov, CEO and Founder of ChainGPT. “GT Protocol was one of the most promising and groundbreaking projects to come through our ChainGPT Pad and its achievements in 2024 support this. As they transition to focusing on AI agents, I have no doubt this journey will be nothing short of a great success.”

    “I greatly appreciated working with GT Protocol over the last year as they integrated our decentralized settlement layer to enhance their wonderful Web3 investment platform by facilitating cross-chain transactions using $GTAI,” says Eitan Katz, CEO and Co-Founder of Kima. “They truly are a great team with a lot of talented individuals who work together effectively, so it’s no surprise they are one of the most promising projects bridging AI and digital assets.”

    About GT Protocol:
    GT Protocol is revolutionizing the landscape with its AI Layer for Web3, targeting the onboarding of 100 million users through cutting-edge technology. The company develops AI infrastructure specifically designed for Web3 investments, trading, and portfolio management. With a robust community presence, GT Protocol is set to transform how users interact with the crypto market. For more information, visit: https://www.gt-protocol.io/

    Contact:
    Ari Karp
    ari@reblonde.com

    Disclaimer: This content is provided by GT Protocol. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dedcd6b2-66f4-4cc2-a6fd-92b19780e406

    The MIL Network –

  • MIL-OSI Africa: Former Africa Finance Corporation (AFC) Executive Board Member Sanjeev ‘SG’ Gupta, Joins APO Group as Senior Advisor to the Founder and Chairman

    Source: Africa Press Organisation – English (2) – Report:

    JOHANNESBURG, South Africa, February 3, 2025/APO Group/ —

    APO Group (www.APO-opa.com), the award-winning pan-African communications consultancy and press release distribution service, is pleased to announce the appointment of Sanjeev ‘SG’ Gupta as Senior Advisor to its Founder and Chairman, Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com). In this role, Mr Gupta will assist APO Group in guiding African governments and corporations to harness the power of public relations and strategic communication to attract vital investments, amplify their competitive advantages, and unlock their growth potential. His experience will be invaluable in developing compelling and globally resonant narratives that not only highlight the unique opportunities but also inspire investor confidence and foster an environment primed for sustainable growth.

    This strategic relationship highlights APO Group’s commitment to furthering its impact on the African continent by empowering African governments and the private sector to create coherent branding and communication strategies that is recognised internationally as a balanced and constructive argument on African realities and opportunities.

    Gupta brings over three decades of distinguished experience in finance and investment, particularly within African markets. As the former Executive Director of Financial Services at the Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution, Gupta played a pivotal role in shaping Africa’s infrastructure and economic development landscape. During his tenure, AFC raised well over USD 10 billion from diverse funding sources and maintained an A3 investment-grade credit rating during what has been another decade of extreme turbulence and an enhanced risk environment for the continent. The Treasury team under his guidance was named “Best Supranational Treasury & Funding Team of the Year”. 

    Mr Gupta has been a vocal advocate for integrating climate considerations into investment decisions, promoting sustainable development, and through his academic interests has nurtured young professionals globally to understand and appreciate the African relevance to global challenges better. 

    A powerful orator and a passionate campaigner for a fair role for Africa on the global stage, he has been particularly successful in structuring significant investment flows into Africa along with African domestic capital to provide equitable returns to both private and public investors on transformational projects on the continent. 

    Gupta has consistently highlighted that unlocking Africa’s demographic dividend is a vital priority, alongside the need for the continent to firmly establish itself as a leading source of solutions to critical global challenges.  

    Nicolas Pompigne-Mognard, Founder and Chairman of APO Group, said: “Sanjeev’s extensive experience and visionary leadership in African finance are truly unique as we seek to work together to amplify the continent’s stories on the global stage. His expertise and extensive network will be instrumental in advancing APO Group’s mission to promote positive and impactful narratives about Africa.” 

    Speaking on his new role, Gupta stated: “I am delighted to join APO Group and collaborate with Nicolas and his exceptional team. APO Group’s dedication to showcasing Africa’s potential resonates deeply with my own commitment to fostering sustainable development and investment across the continent. I look forward to contributing to APO Group’s efforts to ensure Africa is heard and accurately understood by all relevant stakeholders, so that both the African voice and the critical role it must play in building a better world are fully embraced and acted upon”. 

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Thousands of children to be supported thanks to multi-million expansion of innovation in family courts

    Source: United Kingdom – Executive Government & Departments

    Families, children and victims of domestic abuse will be spared the trauma of going to court thanks to a multi-million-pound expansion of an innovative pilot across Wales and West Yorkshire.

    • Funding boost to benefit up to 8,000 families in Wales and West Yorkshire
    • New data shows “Pathfinder” courts resolve cases quicker – tackling backlogs and shielding children from further trauma
    • Flagship family mediation voucher scheme extended for a year

    The £12.5 million funding boost comes as new figures published today (3 February) show the Pathfinder scheme is resolving cases faster, with family court backlogs reduced by half in pilot areas.

    The Pathfinder pilot works by bringing together local authorities, police and support services to gather and share information on cases as early as possible.

    This saves children and families from having to go through unnecessary and potentially hostile hearings. As part of delivering on its Plan for Change and mission to halve violence against women and girls, the scheme also provides extra support to victims of domestic abuse.

    New figures published today show the approach is working, with cases being resolved 11 weeks quicker, and the backlog of cases reducing by 50 per cent across both Dorset and North Wales.

    Lord Ponsonby, the Minister for Family Justice, said:

    For too long families have been pitted against each other in the court room, or abusers have hijacked proceedings to continue campaigns of cruelty. Children and vulnerable people bear the brunt of this, and it must stop.

    Pathfinder has been welcomed as a less adversarial approach, and early evidence shows it’s working. This is another important step to achieving our promise of halving violence against women and girls.

    A primary focus of the courts is improving information sharing between agencies to allow for more informed decision making, fewer bureaucratic hearings, less time in court and quicker resolution to cases. The courts can also offer specialist support to victims of domestic abuse through Independent Domestic Violence Advisors (IDVAs).

    To further help separating families resolve conflict, the Government’s family mediation vouchers scheme will also be extended to March 2026.

    The programme, which provides £500 to help couples settle issues before they get to court, has provided helped over 37,700 families to date, with early analysis showing 70 per cent of recipients reach a whole or partial agreement thanks to mediation. 

    Since the voucher scheme was introduced in April 2021, the number of applications being made to court has dropped – avoiding thousands of these cases a year, which could save taxpayers millions of pounds.

    There were 50,807 private law applications in 2023, compared to 55,711 in 2020.

    It also saves families, especially children, from a potentially length and damaging court process.

    Domestic Abuse Commissioner Nicole Jacobs said:

    Improving the Family Court is a key priority for my office. It is clear to me that Pathfinder Courts recognize the impact of domestic abuse and consider children’s needs much earlier than in the traditional Family Court.

    I believe this approach is essential to ensuring the protection of victims in the family justice system. I welcome Government’s commitment to this pilot and look forward to seeing its influence on all Family Courts.

    The family mediation voucher scheme was introduced in 2021 as a pilot to help relieve backlogs in the family court caused by the pandemic.

    Further information

    • The Pathfinder pilot launched in Dorset and North Wales in February 2022, it expanded to South East Wales in April 2024, and Birmingham in May 2024.
    • The expansion is set to launch in Mid and West Wales on 3 March, and in West Yorkshire on 3 June.
    • In 2020 The Harm Panel, comprised of experts on the family justice system, was convened to draw together evidence and published a report on private law children cases. It recommended reform to the Child Arrangements Programme (CAP), which is the process that the family court follows when settling disputes between separating parties involving children.
    • The Pathfinder pilot was designed in response to this recommendation to achieve the reform of private law by trialling a more investigative approach which better supports victims of domestic abuse and other harms.
    • The 2023 update on the pilots can be found here: Assessing Risk of Harm to Children and Parents in Private Law Children Cases – https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1158907/annex-integrated-domestic-abuse-courts.pdf
    • For more information on the impact parental conflict can have on young people and their life chances: What works to enhance interparental relationships and improve outcomes for children? – Early Intervention Foundation (eif.org.uk)
    • Family mediation is a process in which an independent, professionally trained mediator helps parties work out arrangements for children and finances where there is a dispute. For more information on mediation and how it works visit: Home – Family Mediation Council

    Data published today shows:

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Better protection for victims from domestic abusers

    Source: United Kingdom – Executive Government & Departments

    Victims of domestic abuse will be better protected as part of a new law ensuring even more abusers face tougher management from police and probation.

    • Closer management of offenders convicted of controlling or coercive behaviour

    • Agencies such as Police and Probation will have a legal duty to work

    • Part of the Government’s Plan for Change and mission to halve violence against women and girls

    Offenders convicted of controlling or coercive behaviour, and sentenced to 12 months or longer, will now be automatically managed under multi-agency public protection arrangements. This means agencies are legally required to cooperate to better manage the risks posed by these serious offenders, recognising the significant harm this kind of offending can cause.  

    For the first time, it puts controlling or coercive behaviour on a par with other domestic abuse offences including threats to kill, attempted strangulation and stalking.

    Evidence shows offenders who are managed under multi-agency public protection arrangements have a reoffending rate less than half of the national average

    The law change means even more domestic abusers will fall under this management, in which agencies are legally required to share any information which indicates increased risk to others, such as former partners or members of the public.

    This is part of the Government’s Plan for Change to take back our streets by protecting women and girls from harassment, aggression and violence and manifesto commitment to target the most prolific and harmful perpetrators using methods previously reserved for terrorist and other violent offenders.

     Minister for Prisons and Probation, Lord James Timpson said:

    Domestic abuse creates fear and isolation, and I will do everything in my power to tackle it and ensure women and girls feel safe in their homes.

    This new approach will put controlling or coercive behaviour on a par with physical violence and will help prevent these despicable crimes.

    Minister for Safeguarding and Violence Against Women and Girls, Jess Philips said:

    Domestic abuse devastates lives and affects more than two million people every year.

    For the first time, under this change to the law, coercive or controlling behaviour is being placed where it belongs – on a par with serious violent offending. This is an important step to recognise the harm caused by all forms of domestic abuse, ensure the most harmful offenders are managed in the right way, and ultimately keep victims safe.

    This Government will crack on with our work to deliver a system that protects victims, supports their journey to justice and holds perpetrators to account – part of our mission under the Plan for Change to halve violence against women and girls in a decade.

    The law change will apply to all offenders who are sentenced to at least 12 months’ imprisonment, including suspended sentences, or given a hospital order for an offence of controlling or coercive behaviour in an intimate or family relationship.

    It was introduced by the Victims and Prisoners Act 2024 and was signed into law after Justice Minister Lord Timpson signed a statutory instrument early this year.

    Previously, those convicted of controlling or coercive behaviour could be actively managed under multi-agency arrangements on a discretionary basis only.

    This measure will put beyond doubt the legal requirement for agencies to work together to assess and manage the risks posed by this group of offenders.

    Chief Executive of Women’s Aid, Farah Nazeer, said:

    Coercive control is a key tool used by perpetrators of domestic abuse, as it isolates survivors and makes them dependent on an abuser.

    Women’s Aid welcomes plans to treat coercive and controlling behaviours seriously, automatically managing those convicted of this form of abuse under the Multi-Agency Public Protection Arrangement (MAPPA).

    It is essential that specialist domestic abuse services, with expertise on abusive behaviours and the impacts on victims and survivors, are routinely included in the MAPPA process if survivors are to be properly protected by this measure.

    This announcement builds on measures already set out by the Government as part of our mission to halve violence against women and girls. This includes launching new Domestic Abuse Protection Orders in select areas to ensure victims of all types of domestic abuse including coercive control, stalking, and violence can seek protection and more abusers face harsher restrictions. 

    Further information:

    • Multi-agency public protection arrangements, known as MAPPA, are the set of arrangements through which the Police, Probation and Prison Services work together with other agencies to manage the risks posed by violent, sexual and terrorist offenders living in the community to protect the public.
    • Research conducted by Anglia Ruskin University indicates that reoffending rates for individuals managed under MAPPA are less than half of the national average. The one-year reoffending rate for MAPPA is 12.2%, while the national overall one-year reoffending rates range between 30.0% and 31.3% during a similar timeframe.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Report 03/2025: Derailment of a passenger train at Roudham Heath

    Source: United Kingdom – Executive Government & Departments

    RAIB has today released its report into the derailment of a passenger train at Roudham Heath, Norfolk, 6 February 2024.

    The train involved in the accident after it had been rerailed.

    R032025_250203_Roudham Heath

    PDF, 10.7 MB, 33 pages

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    Summary

    At around 20:53 on 6 February 2024, a passenger train travelling at 83 mph (134 km/h) through Roudham Heath, Norfolk, struck two trees which had fallen onto the track. As a result, the train derailed and travelled for around 680 metres before coming to a stop.

    One of the 31 passengers on board suffered a minor injury. There were no other injuries to the passengers or staff on the train. The train and infrastructure both suffered damage, and the line was closed for a day while repairs took place.

    The two trees were part of a forest adjacent to the railway that is owned and managed by Forestry England. One of the trees, a twin-stemmed pine tree, fell first, landing on and felling an adjacent oak tree. The pine tree suffered from a loss of root anchorage, primarily because it was standing in highly saturated, sandy soil. Because of the way the pine tree had grown and its proximity to the railway, it was more likely to land over the tracks in the event of it falling. Inspections of the trees by Network Rail and Forestry England had not identified any cause for concern, and so no action had been taken to reduce the likelihood of the tree falling.

    RAIB’s investigation identified that the risk imposed by trees standing in saturated soil was not being effectively managed by either Forestry England or Network Rail. This was an underlying factor to this accident.

    There was no significant deformation of the train’s cab structure following the collision, and an axle-mounted brake disc on the train engaged with one of the rails which helped to contain the train’s path during the derailment.

    Recommendations

    RAIB has made two recommendations, one addressed to Forestry England and one to Network Rail. Both recommendations ask the respective organisations to review their processes for inspecting and managing trees that are within falling distance of the railway, to consider the effects of high soil saturation levels on the risk of trees falling, and to make any appropriate changes.

    Notes to editors

    1. The sole purpose of RAIB investigations is to prevent future accidents and incidents and improve railway safety. RAIB does not establish blame, liability or carry out prosecutions.

    2. RAIB operates, as far as possible, in an open and transparent manner. While our investigations are completely independent of the railway industry, we do maintain close liaison with railway companies and if we discover matters that may affect the safety of the railway, we make sure that information about them is circulated to the right people as soon as possible, and certainly long before publication of our final report.

    3. For media enquiries, please call 01932 440015.

    Newsdate: 3 February 2025

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Eight new members appointed to the Council for Science and Technology

    Source: United Kingdom – Executive Government & Departments

    Eight new members have been appointed to the Council that advises the Prime Minister and Cabinet on science and technology.

    Images of the eight new Council members.

    Eight new members have been appointed to the Council for Science and Technology (CST). The Council advises the Prime Minister and the Cabinet on strategic science and technology policy issues that cut across the responsibilities of individual government departments. 

    Professor Dame Angela McLean, the Government Chief Scientific Adviser and Co-Chair of  CST,  said: 

    The eight new members bring extraordinary breadth and depth of experience: from AI and data to chemical engineering and venture capital. I am confident that new members will further invigorate the Council and its ability to provide robust advice on the government’s high-level priorities for science and technology. I look forward to collaborating across a wide range of topics to further embed specialist knowledge of the UK’s strength in science and technology into the heart of government decision-making.

    New members: 

    • Mark Enzer OBE is a Strategic Advisor at Mott MacDonald. He is a Visiting Professor at the University of Cambridge and Imperial College London. 

    • Professor Dame Lynn Gladden DBE is Shell Professor of Chemical Engineering at the University of Cambridge, and former Executive-Chair of the Engineering and Physical Sciences Research Council. 

    • Priya Lakhani OBE is Founder CEO of CENTURY Tech. She co-founded the Institute for Ethical AI in education. 

    • Avid Larizadeh Duggan OBE is a Senior Managing Director, Ontario Teachers’ Pension Plan, Teachers’ Venture Growth. She is a Non-Executive Director on the board of Barclays Bank UK.

    • Professor (Emeritus) Nick McKeown is Senior Fellow at Intel Corporation, Professor (Emeritus) of Electrical Engineering and Computer Science at Stanford University and Visiting Professor of Engineering and Senior Research Fellow at Oxford University. 

    • Professor Sir Nigel Richard Shadbolt is Professor of Computer Science at the University of Oxford and Principal of Jesus College, Oxford. He is Co-Founder and Chair of the Open Data Institute. 

    • Richard Slater is Chief R&D Officer for Unilever. He was previously Senior Vice President R&D, GSK Consumer Healthcare. He is a Non-Executive Director at Future Origins. 

    • Paul Taylor CBE is Director of Morgan Stanley International, Chair of Interrupt Labs Ltd and Chair of Beyond Blue. He is a Non-Executive Director on the Defence Technology and Innovation Board at the Ministry of Defence.  

    See more details on CST and its members.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: HSE University Opens Dual Degree Master’s Program with Chinese University RIEM SWUFE

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    In January 2025, HSE and Southwestern University of Finance and Economics (SWUFE) signed a cooperation agreement to implement a dual degree master’s program within the Financial Economics program at ICEF and the Master’s in Finance program at SWUFE. This program will allow students to gain a unique educational experience in two countries, combining the best educational traditions of Russia and China. ICEF’s counterpart is the Research Institute of Economics and Management (RIEM), established at SWUFE in 2006 to implement research and educational programs in economics and finance at a high international level.

    ICEF delegation at Southwestern University of Finance and Economics (SWUFE) in Chengdu, China, in October 2024. During the meetings, an agreement was reached to establish the ICEF–RIEM Dual Degree Master’s Program.

    © MIEF

    Features of the program

    The program is based on the principle of mirror mobility: students study for 1-1.5 years in China at RIEM SWUFE and for 1-1.5 years in Russia at ICEF HSE. During their studies, students will gain in-depth knowledge in economics, finance, and data analysis, and will also study the economic and cultural characteristics of both countries.

    To participate in the program, you must successfully complete the first year at your home university and be selected for the double degree program. In the second year, students will study at the partner university and then return to their home university to complete their studies. Master’s theses will be defended separately at each of the universities.

    The programme will be taught in English and will include courses in micro- and macroeconomics, asset valuation and corporate finance. Each university will offer its own unique emphasis: RIEM will focus on the Chinese economy and financial system, and ICEF on quantitative and applied finance and data analysis.

    Upon completion of the program, graduates will receive two diplomas: a Master’s degree from the National Research University Higher School of Economics in Economics and a SWUFE diploma in Economics (specialization in Finance).

    Dean of the Research Institute of Economics and Management RIEM, Professor Yan Dong (graduated with a Master’s degree from the London School of Economics, UK, and received a PhD from the University of Essex, UK) about RIEM:

    “Our institute is very special. From the name, it seems that we are a research institute, but in fact, we are an educational unit. We have about 1,000 undergraduate, graduate and doctoral students. Our institute is special because all of our teachers have obtained their PhD degrees abroad. We have graduates from universities in the United States, Europe, Asia and other countries. All of our teachers are fluent in English, and the language of instruction – the working language in our institute – is English. We have more than 100 foreign students studying at our institute. This is what makes our institute special – it is quite an internationalized institution, and we have teachers who do not speak Chinese at all – they are international specialists.”

    Academic Director of the ICEF Master’s Program “Financial Economics” Maxim Nikitin:

    “Since the creation of the Financial Economics program, its main feature has been its international format. We have sought to integrate international standards and practices into the educational process. Cooperation with one of China’s leading universities in the field of finance, such as SWUFE, is an important step in this direction and expands the geography of our educational interaction. We are pleased that this initiative is based on the principle of equal exchange, which will enrich the programs of both partners, and will also create a new platform for academic exchange and joint projects. We are confident that this partnership will provide our students with access to unique knowledge and skills that will be in demand in the global labor market.”

    Earlier in 2024, HSE ICEF and RIEM SWUFE launched Bachelor’s double degree program in economics and financeCurrently, the first cohort of 2nd year students of ICEF is already successfully studying at SWUFE under this program.

    Graduates of the program will receive a bachelor’s degree in economics from the National Research University Higher School of Economics and a bachelor’s degree in economics from SWUFE.

    Academic Director of the ICEF Bachelor’s Program Oleg Zamkov:

    “ICEF HSE and RIEM SWUFE are a very good match for each other in implementing dual degree programs due to the close financial and economic focus of the programs and the level of updating of the courses. All economic and financial subjects required for ICEF students are also available at SWUFE, and, conversely, ICEF has everything required for students of the partner university.”

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Retail sales down 9.7% in December

    Source: Hong Kong Information Services

    The value of total retail sales for December, provisionally estimated at $32.8 billion, was 9.7% less than in the same month a year earlier, the Census & Statistics Department announced today.

    After netting out the effects of price changes over the same period, the provisional estimate represents an 11.5% year-on-year decrease.

    The value of total retail sales for 2024 as a whole was provisionally estimated at $376.8 billion, down 7.3% in value and 9% in volume against 2023.

    Online sales accounted for 7.2% of December’s total retail sales value. Provisionally estimated at $2.4 billion, the value of this segment fell 17.2% from the same month a year earlier.

    The value of sales of jewellery, watches, clocks and valuable gifts dropped by 13.8%.

    Meanwhile, decreases were likewise seen in sales of “consumer goods not elsewhere classified” (down 2.9%); commodities in supermarkets (down 3.1%); clothing (down 11.1%); food, alcoholic drinks and tobacco (down 0.6%); commodities in department stores (down 8.9%); and medicines and cosmetics (down 2.2%).

    Sales also declined in the following categories: electrical goods and other consumer durable goods not elsewhere classified (down 20.2%); motor vehicles and parts (down 36.3%); fuels (down 11.2%); footwear, allied products and other clothing accessories (down 4.9%); Chinese drugs and herbs (down 2.2%); furniture and fixtures (down 22%); books, newspapers, stationery and gifts (down 9.6%); and optical items (down 7.5%).

    The Government commented that the decline in the value of total retail sales in December from a year earlier partly reflected an increase in outbound trips by residents during the holidays.

    Looking ahead, it said the retail sector’s near-term performance will continue to be affected by changes in the consumption patterns of visitors and residents.

    However, it added that increasing earnings from employment, and the introduction of various measures by the central government to boost the Mainland’s economy and benefit Hong Kong, together with proactive efforts by the Hong Kong Special Administrative Region Government to promote tourism and boost market sentiment, will benefit the sector.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Yellowstone National Park: Where geology is on display nearly everywhere!

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from Richard Tollo, emeritus Professor of Geology at George Washington University.

    Yellowstone caldera viewed from Mount Washburn.  The caldera is the low-lying area extending from the foothills of Mount Washburn in the foreground to the rugged mountains on the horizon. The incised valley of the Yellowstone River stretches from left to right in the middle distance.  Steep valley walls are illuminated by sunlight in the center.  Mount Washburn is a remnant andesitic volcano of the Eocene Absaroka Range.  The hike along the access road to the summit (where this photograph was taken) presents many opportunities to observe lavas and volcanogenic sedimentary deposits.  This geologically rich hike is an excellent field trip in itself.  Photo by Richard Tollo, George Washington University, August 8, 2009.

    Yellowstone National Park ranks among the finest classrooms in North America for learning geology through outdoor field trips.  This distinction results from a unique combination of geological events and characteristics developed especially throughout the past 2.1 million years.  Most of the major geological units can be visited in a day by taking a drive along the iconic Grand Loop Road and offshoots, bolstered by short hikes along well-maintained trails that are accessible from these roadways.

    The primary geologic feature of Yellowstone National Park is perhaps that which is most difficult to observe in its entirety: that is, Yellowstone Caldera, a volcanic collapse feature that formed as a result of a major explosive eruption 631,000 years ago.  Two similar calderas formed as a result of comparable eruptions that took place about 1.3 and 2.1 million years ago.  Because each caldera is centered over an associated magma reservoir, pyroclastic deposits and lava flows are in close proximity to one another within or close to the caldera.  This geological concentration results in a dazzling array of closely spaced features that support productive field trips and produce many opportunities for geological education. 

    Moreover, as visitors arriving from mostly lower elevations in the eastern, central, and southern United States rapidly discover as they find themselves short of breath while hiking, the Yellowstone region is an elevated plateau, with an average elevation of 8,000 ft (2,400 m).  The high elevation is caused by uplift due to its location atop a zone of mantle upwelling (hotspot) that transports mantle heat to the overlying crust and causes upward expansion.  As a result, nearly all streams in the headwaters of the Yellowstone River actively erode their channels, forming deeply incised valleys with steep canyon walls where rocks are exposed, providing unmatched three-dimensional views of the geology.  In this way, river erosion and tectonic uplift make a powerful combination acting to produce numerous and invariably instructive geological exposures throughout the park.

    Lower Falls and Grand Canyon of the Yellowstone River.  The river here is eroding young, post-caldera rhyolite that was softened by hydrothermal alteration.  The V shape of the canyon indicates that the river is actively eroding in response to regional uplift.  Photo by Richard Tollo, George Washington University, August 12, 2008.

    The presence of roadways—especially the Grand Loop Road—provide benefits for field trips beyond facilitating transportation because construction involved the creation of roadcuts.  These cuts often expose bedrock, furnishing insightful views of primary geological features that might otherwise be altered or destroyed by erosion or chemical alteration.  Roadcuts have the added advantage of providing access to fresh, relatively less weathered rock, which is useful for collecting samples for laboratory studies, such as geochemical, paleomagnetic, and geochronologic investigations.

    Construction projects support field trips in the Yellowstone area in other ways. A case in point is Grassy Lake Dam, which was built in the 1930s to impound local stream flow to create Grassy Lake Reservoir located just south of Yellowstone National Park.  A quarry that was excavated close to the eventual dam site provided rocks for use in the project.  The quarry, located less than 200 m (650 ft) south of the southern boundary of Yellowstone National Park, was developed in the Lava Creek Tuff (the welded ash unit that formed during the eruption that created Yellowstone Caldera) and provides considerable information regarding the genesis of that important eruptive formation that is not available elsewhere.  For example, the columnar-jointed tuff at the quarry site is hard and glassy, unlike parts of the same unit exposed elsewhere in the Yellowstone region. Such textures and field characteristics suggest that ash accumulated at relatively high temperatures, in agreement with insights from another nearby but different unit of the Lava Creek Tuff.  This interpretation, which in turn implies thar some silicic magmas at Yellowstone were unusually hot, might not be reached without the information provided by this locality. 

    Roadcut in light pink ash-flow deposits of the Lava Creek Tuff on Grand Loop Road near Tuff Cliff.  The color and closely spaced jointing are characteristic of the Lava Creek Tuff map unit.  The steep faces and dense nature of the roadcut exposures indicate that a moderate degree of welding occurred and has not been subsequently modified by hydrothermal alteration.  Photo by Richard Tollo, George Washington University, August 13, 2008.

    Field trips allow geologists to share their findings with a broad audience, and also to educate the next generation of geoscientists in both Earth’s history and how to conduct geological investigations.  Field trips at Yellowstone are especially productive because of the many types of exposures—each with a story to tell.  Sharing knowledge among scientists and between geologists and the public is a bountiful way to augment our collective understanding of how the Earth works, and how Yellowstone came to be a geologic Wonderland.

    MIL OSI USA News –

  • MIL-OSI Europe: Government expands opportunities for Swedish businesses to help support Ukraine’s reconstruction

    Source: Government of Sweden

    Government expands opportunities for Swedish businesses to help support Ukraine’s reconstruction – Government.se

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    Press release from Ministry for Foreign Affairs

    Published

    The Government has amended the conditions and expanded the framework for special export credit guarantees for doing business with Ukraine. The aim is to enable more businesses to export to Ukraine and thus contribute to the country’s sustainable reconstruction. It should now also be possible to offer guarantees with longer maturities, higher coverage and that cover services. The amendments to the regulation took effect on 1 February. The Government has also expanded the existing framework of SEK 333 million to SEK 555 million. In total, guarantees can be offered to a maximum of SEK 888 million.

    “Swedish businesses both want and are able to contribute more to Ukraine’s reconstruction, but they need support that mitigates the risk. The aim of amending the conditions is to make it easier and safer for Swedish companies to export to Ukraine. This is an important step in Sweden’s contribution to the country’s reconstruction,” explains Minister for International Development Cooperation and Foreign Trade Benjamin Dousa.

    The regulation on special export credit guarantees for Ukraine came into force on 1 April 2024. This means that exporting companies can apply for special export credit guarantees through the Swedish Export Credit Agency to do business that helps support economic and social development and welfare in Ukraine. In 2024, SEK 333 million was set aside for these special export credit guarantees for Ukraine, with this amount subsequently raised in 2025 to SEK 888 million.

    The amendments to the regulation will make it even easier for more companies to export to Ukraine. The maximum maturity of the guarantees has been adjusted from three to four years, with coverage expanded from 80 per cent to a maximum of 95 per cent. The amount that can be granted to businesses that form part of the same group has now been raised from SEK 100 million to SEK 300 million.

    Press contact

    MIL OSI Europe News –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with former Minister of Communications and Information Technology of the Republic of Indonesia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with H.E. Rudiantara, former Minister of Communications and Information Technology of the Republic of Indonesia and current Chairman of Amartha, at the ASEAN Headquarters/ ASEAN Secretariat. The meeting exchanged views on the opportunities and challenges of ASEAN economic integration amidst the evolving global economic landscape and discussed preparations for the Asia Grassroots Forum 2025, to be hosted by Amartha, scheduled for 21-23 May 2025, in Bali, Indonesia.

    The post Secretary-General of ASEAN meets with former Minister of Communications and Information Technology of the Republic of Indonesia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-Evening Report: Troubled road in New Caledonia fully reopens after eight-month closure

    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk

    The main provincial road linking New Caledonia’s capital, Nouméa, to the south of the main island will be fully reopened to motorists after almost eight months.

    Route Provinciale 1 (RP1), which passes through Saint Louis, had been the scene of violent acts — theft, assault, carjackings — against passing motorists and deemed too dangerous to remain open to the public.

    Instead, since the violent riots that started in mid-May 2024, residents of nearby Mont-Dore had to take special sea ferries to travel to Nouméa, while police and gendarmes gradually organised protected convoys at specific hours.

    The rest of the time, motorists and pedestrians were “filtered” by law enforcement officers, with two “locks” located at each side of the Saint Louis village.

    The troubled road was even fully closed to traffic in July 2024 after tensions and violence in Saint Louis peaked.

    Last Friday, January 31, French High Commissioner Louis Le Franc announced that the RP1 would be fully reopened to traffic from today.

    Gendarme patrols stay
    The French High Commission, however, stressed that the law enforcement setup and gendarme patrols would remain posted “as long as it takes to ensure everyone’s safety”.

    “Should any problem arise, the high commission reserves the right to immediately reduce traffic hours,” a media release warned.

    The RP1’s reopening coincides with the beginning, this week, of crucial talks in Paris between pro-independence, pro-France camps and the French state on New Caledonia’s political future status.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Asia-Pac: Economy grows 2.5% in 2024

    Source: Hong Kong Information Services

    Hong Kong’s economy in the fourth quarter of 2024 increased 2.4% year-on-year, and grew 2.5% for 2024 as a whole.

    The Census & Statistics Department announced the figures today as it released its advance estimates on gross domestic product (GDP) for the fourth quarter and the whole of 2024.

    According to the estimates, private consumption expenditure decreased 0.2% in real terms in the fourth quarter of 2024 over a year earlier, while it decreased 0.6% for the whole year.

    Government consumption expenditure grew 1.9% year-on-year and expanded 0.9% for 2024 as a whole.

    Gross domestic fixed capital formation fell 0.9% year-on-year and increased 2.4% for the whole of 2024.

    Over the same period, total goods exports and imports grew 1.2% and 0.1% from a year earlier. For the whole of 2024, total goods exports and imports increased 4.7% and 2.3%.

    Compared with a year earlier, exports of services rose 5.6% in the fourth quarter, while imports of services went up 8.7%. For 2024 in full, exports and imports of services increased 4.8% and 11.8% respectively.

    Commenting on the figures, the Government said the Hong Kong economy posted moderate growth of 2.5% in 2024, further to 3.2% growth in 2023.

    During the year, total exports of goods resumed growth amid improved external demand. Exports of services continued to increase, driven by further growth of visitor arrivals and improvement in other cross-border economic activities. Overall investment expenditure showed a further increase as the economy continued to expand.

    However, private consumption expenditure recorded a slight decline, affected by the change in residents’ consumption patterns.

    Looking ahead, the Hong Kong economy is expected to register further growth in 2025 despite heightened uncertainties in the external environment. Trade protectionist policies implemented by the US may disrupt global trade flows and adversely affect Hong Kong’s goods exports, and also lead to a slower pace of interest rate cuts in the US and keep the Hong Kong dollar strong for longer.

    Nevertheless, the Mainland’s proactive policy to boost its economy will help bolster market confidence and benefit a wide spectrum of economic segments in Hong Kong. The central government’s various measures benefitting Hong Kong, coupled with the Hong Kong Special Administrative Region Government’s wide range of initiatives to promote economic growth, will also provide support to various economic activities, it added.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Minister for Foreign Affairs visited Peru

    Source: Government of Sweden

    Minister for Foreign Affairs visited Peru – Government.se

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    Article from Ministry for Foreign Affairs

    Published

    On 30–31 January 2025, Minister for Foreign Affairs Maria Malmer Stenergard visited Peru together with a business delegation. The visit highlights Sweden’s good relations and mutual trade interests with Peru.

    The visit took place in the capital, Lima, and was conducted together with a business delegation in the areas of mining and energy. Ms Malmer Stenergard met with Peru’s Prime Minister Gustavo Adrianzén, Minister of Foreign Affairs Elmer Schialer and Minister of Economy and Finance José Arista. Current foreign policy issues, Swedish-Peruvian trade relations and cooperation in areas such as sustainable mining were included in their discussions.

    Together with Peru’s Vice Minister of Mines and Energy, Ms Malmer Stenergard opened the Sweden-Peru Mining Summit. There are many Swedish businesses operating in Peru, and the Swedish Government sees good opportunities to strengthen cooperation in areas such as trade, mining and green transition.

    MIL OSI Europe News –

  • MIL-OSI: Transactions in connection with share buyback programme

    Source: GlobeNewswire (MIL-OSI)

     Tryg – Transactions in connection with share buyback programme

    On 04 December 2024, Tryg A/S (“Tryg”) announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 2.0 billion. The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share buyback programme will end no later than 30 June 2025.

    Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis.

    The following transactions have been executed in the period 27 January 2025 to 31 January 2025:

      Number
    of shares    		 Avg. purchase
    price, DKK    		 Transaction value, DKK
    27 January 2025  170,000  146.28  24,867,600
    28 January 2025  174,587  146.44  25,566,520
    29 January 2025  170,000  146.71  24,940,700
    30 January 2025  160,000  146.36  23,417,600
    31 January 2025  160,000  146.35  23,416,000
    Accumulated for the period  834,587    122,208,420
    Accumulated under the programme  5,010,787    762,697,204

    Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix.

    Following the above transactions, Tryg owns a total of 6,150,449 treasury shares corresponding to 0.998% of the total share capital.

    Attachment

    The MIL Network –

  • MIL-OSI Economics: Guest blog: The role of litigation funding in advancing international arbitration in MENA  

    Source: International Chamber of Commerce

    Headline: Guest blog: The role of litigation funding in advancing international arbitration in MENA  

    In this guest blog, sponsor of the 13th ICC MENA Conference, WinJustice, explains how litigation funding, an innovative financial solution, is now bridging this gap, transforming arbitration into a more accessible and equitable process for all parties. 

    As a leading  funding firm in the UAE, WinJustice is at the forefront of this transformation, advocating for broader adoption of litigation funding to strengthen the region’s arbitration ecosystem. 

    The benefits of litigation funding in arbitration 

    Litigation funding has become a game-changer in international arbitration. By covering the legal and procedural costs of arbitration, it provides claimants with the financial support needed to pursue meritorious claims. This is especially vital in the MENA region, where many businesses face significant financial constraints when initiating or defending claims in arbitration. 

    Key benefits of litigation funding include: 

    1. Reducing financial barriers: Claimants no longer need to rely solely on their financial resources to engage in arbitration, enabling fairer access to justice. 
    1. Promoting high-quality representation: Litigation funding ensures that claimants can access top-tier legal counsel and expert witnesses, significantly enhancing the quality of arbitration proceedings. 
    1. Risk mitigation: Funders typically work on a no-win, no-fee basis, assuming the financial risk of unsuccessful claims, thereby offering claimants peace of mind. 

    Case studies: Global lessons for the MENA region 

    In jurisdictions where litigation funding is well-established, such as the UK and Australia, the positive impact on arbitration proceedings is evident. For instance, a funded claimant in a high-profile cross-border dispute in London successfully recovered damages after overcoming significant financial hurdles. 

    Drawing on such global experiences, WinJustice believes that the adoption of litigation funding in the MENA region will similarly empower businesses to seek justice. By levelling the playing field, litigation funding fosters a more inclusive and robust arbitration environment. 

    Impact on the MENA region 

    The MENA region is witnessing rapid economic growth and diversification, leading to an inevitable increase in commercial disputes. As arbitration becomes the preferred method for resolving these disputes, litigation funding serves as a catalyst for the region’s legal and economic development. 

    1. Enhancing trust in arbitration: By providing financial solutions, litigation funding strengthens trust in arbitration as a fair and efficient dispute resolution mechanism. 
    1. Attracting international investors: A robust arbitration framework supported by litigation funding reassures investors about the region’s commitment to the rule of law and dispute resolution. 
    1. Accelerating economic growth: With greater access to arbitration, businesses can resolve disputes more effectively, contributing to overall economic stability. 

    WinJustice’s commitment to driving these outcomes highlights the transformative role of litigation funding in the MENA arbitration landscape. 

    Conclusion 

    Litigation funding is revolutionising international arbitration by ensuring that financial constraints no longer hinder access to justice. As a pioneer in this field, WinJustice is proud to lead the conversation at the 13th ICC MENA Conference, showcasing how litigation funding can accelerate arbitration proceedings and foster a fairer dispute resolution process in the region. 

    The future of arbitration in the MENA region lies in innovative solutions like litigation funding, which not only empower claimants but also strengthen the overall arbitration ecosystem. 

    *Disclaimer: The content of this article may not reflect the official views of the International Chamber of Commerce. The opinions expressed are solely those of the authors and other contributors. 

    MIL OSI Economics –

  • MIL-OSI Submissions: Economy – KOF Employment Indicator: outlook remains subdued

    Source: KOF Economic Institute

    The KOF Employment Indicator has fallen slightly in the first quarter of 2025 compared with last quarter. This decline is primarily due to the worsening employment prospects in the retail and manufacturing sectors. Overall, the Swiss labour market is expected to remain subdued this quarter and next.

    In the first quarter of 2025 the KOF Employment Indicator has fallen to 2.6 points, down from 3 points (revised from 3.9 points) in the last quarter of 2024. The indicator is thus continuing to move towards its long-term average of 1.5 points. The analysis conducted for the first quarter of 2025 is based on the responses of around 4,500 firms that were surveyed in January about their employment plans and forecasts. As the KOF Employment Indicator is used to predict the actual employment trend, the current indicator value points to a moderate employment trend on the Swiss labour market over the coming months.

    The modest decline in the employment indicator is attributable to both of its sub-components. On balance, the firms surveyed rate the employment outlook for the next three months as being slightly less positive than it was three months ago (2 points compared with 2.5 points one quarter ago). In addition, their assessment of the employment situation has also deteriorated slightly overall (3.2 points compared with 3.5 points one quarter ago).

    Bleak employment prospects in manufacturing

    The sectors with the most negative employment outlook are wholesale and manufacturing. In manufacturing, for example, a clear majority of firms consider their current staffing levels to be too high on balance and are planning to reduce them over the coming months. The KOF Employment Indicator for this sector has fallen further since last quarter and now stands at minus 12.4 points. It has been in negative territory since mid-2023.

    On balance, most of the firms surveyed in the retail, wholesale and hospitality sectors are also planning to reduce their workforces. In the other sectors, however – particularly in insurance, construction and other services – the number of firms that expect to increase their headcount exceeds those that do not.

    MIL OSI – Submitted News –

  • MIL-OSI United Kingdom: Views sought on local Policing and Community Safety Partnership

    Source: Northern Ireland – City of Derry

    Views sought on local Policing and Community Safety Partnership

    3 February 2025

    The Derry and Strabane Policing and Community Safety Partnership (PCSP) is conducting an online survey to gauge the public’s views on community safety and crime concerns.

    The PCSP aims to help make communities safer by focussing on the Policing and Community Safety issues that matter most across the council area, to ensure that the voices of local people are heard and to empower communities to work in partnership to develop solutions. PCSPs work with the community to identify issues of concern in the local area and prepare plans to deliver practical solutions that will help to tackle crime, the fear of crime and anti-social behaviour.

    The Derry and Strabane PCSP works in partnership to identify and co-ordinate the delivery of community safety projects that are innovative, reflect good practices and involve community groups and partners agencies.

    The partnership also operates a Policing Committee comprised of its Elected/ Independent Members with the aim of improving community confidence in policing.

    Encouraging people to give their views, the PCSP Chair, Councillor Martin Reilly, said: “Everyone can play their part in helping to protect their local community and we can work together to tackle the issues more effectively on the ground. This community safety survey is your chance to highlight the issues in your area and help us develop strategies to keep our community safe. It is an opportunity for you to let us know what the PCSP could do for you and your community and where to focus our resources.

    “I would encourage everyone to have their say and take a few minutes to complete the online Community Safety survey. We really appreciate everyone’s input – your voice matters in crime prevention and keeping our community safe”.

    To fill in the online survey just click on this link which will be available until Friday 21st February 2024.

    https://forms.office.com/e/5ydZxcxGFd

    MIL OSI United Kingdom –