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Category: Economy

  • MIL-OSI Australia: Supplementary annual GST return

    Source: New places to play in Gungahlin

    About the Supplementary annual GST return

    We’re working to better tailor our engagement with taxpayers under our Top 100 and Top 1,000 justified trust programs for GST. To facilitate this, we’re introducing the Supplementary annual GST return for large businesses that have received a GST assurance rating through a GST assurance review.

    The information provided in your annual return will enable more tailored and less resource investment for justified trust reviews for many taxpayers. The return is straightforward to complete and targeted at understanding key governance and GST changes during the year. Taxpayers who have achieved high levels of assurance are expected to benefit most as they’ve already adopted better practice governance and systems practices.

    We’re introducing the supplementary return for the 2024–25 financial year, for taxpayers who received a GST assurance report on or before 30 June 2024 with a GST assurance rating.

    We’ll notify you directly if you’re required to lodge the return.

    The supplementary return covers:

    • how you’ve actioned recommendations, areas of low assurance or red flags outlined by us in your most recent GST assurance review (including subsequent interactions with us)
    • whether you’ve maintained or increased your level of GST governance and if you’ve had any material business or systems changes that impact your GST control framework since your last GST assurance review
    • the reconciliation between your audited financial statements and your annualised business activity statements
    • whether you’ve taken any material uncertain GST positions in the period
    • whether you’ve identified any material GST errors in the period and how these have been rectified, and whether you claimed any material amounts of credits in the period that were referable to earlier periods.

    You should keep objective evidence to support your responses in the return.

    Who is required to lodge a supplementary return

    Public and multinational businesses that have received a GST assurance rating through a Top 100 or Top 1,000 assurance review are required to lodge a Supplementary annual GST return.

    You’ll be required to lodge a supplementary return for the 2024–25 financial year if you received one of the following on or before 30 June 2024:

    • Top 100 GST assurance report
    • Top 1,000 combined assurance review report with a GST assurance rating
    • Top 1,000 GST streamlined assurance review.

    If you haven’t yet received a GST assurance rating, you’re not required to lodge a supplementary return.

    You’ll need to complete a supplementary return starting from the financial year following the financial year you received your GST assurance report.

    For example, if you received your first GST assurance rating in a Top 1,000 combined assurance review report issued after 30 June 2024, but before 30 June 2025, you’ll need to complete a Supplementary annual GST return for the 2025–26 financial year onwards.

    Examples of lodging a supplementary return

    Example 1: GST assurance rating received in September 2024

    Titmus Forestry received an initial Top 100 GST assurance report in September 2024, with its first GST assurance rating. Titmus Forestry is an early December balancer.

    As Titmus Forestry received the report prior to 30 June 2025, it needs to complete a Supplementary annual GST return for the 2025–26 financial year onwards (that is, for the period 1 January to 31 December 2025).

    End of example

    If an entity that has been previously assured is no longer a GST reporting entity (that is, no longer lodges business activity statements) but instead is part of a new GST reporting group, then the new GST reporting group must lodge a supplementary annual GST return. This is if the previously assured GST reporting entity (or entities) contributes 50% or more of the GST throughput reported by the new GST reporting group.

    Example 2: changes in GST reporting entity

    Attia Media Co. received a GST assurance rating in its combined assurance review report in August 2022. In April 2024, Attia Media Co. ceased being a GST reporting entity as it was acquired by another entity and is now a member of a new GST group. Attia Media Co. contributes 75% of the GST throughput reported by the new GST group, Saniel Communications.

    Despite Saniel Communications not having had an initial GST assurance review itself, the ATO advises Saniel Communications that it will need to lodge a Supplementary annual GST return for the 2024–25 financial year onwards. This is because Attia Media Co. contributes over 50% of the GST throughput reported by Saniel Communications.

    End of example

    When the supplementary return is due

    Taxpayers who received a GST assurance review report on or before 30 June 2024 will need to lodge a return annually from the 2024–25 financial year, according to the due dates shown in Table 1.

    Table 1: Due dates for the 2024–25 financial years

    Financial year end

    Due date

    December 2024

    21 August 2025

    January, February, March 2025

    21 November 2025

    April, May, June 2025

    21 February 2026

    July, August, September 2025

    21 May 2026

    October, November 2025

    21 August 2026

    The Supplementary annual GST return is a further return that we require certain taxpayers to lodge under Division 31 of the GST Act. If you need to lodge the supplementary return, you’ll receive a notice under section 31-20 of the GST Act to lodge the return by the specified due date.

    Division 31 enables us to require taxpayers to lodge a fuller or further GST return for a tax period or a specified period. It enables us to require information to be provided relating to the tax period to which the return relates, or one or more preceding tax periods, or to both.

    The Supplementary annual GST return has a due date that aligns with an existing return due at least 7 months after the end of the financial year.

    For instance, for June balancers, the 2024–25 Supplementary annual GST return will be an additional return for the January 2026 period, due by 21 February 2026. You will need to provide information about the period 1 July 2024 to 30 June 2025.

    The supplementary return does not replace any other GST return required. This return has no effect on the due dates for any other returns. It does not affect the 4-year entitlement period to input tax credits under Division 93 of the GST Act, in any way.

    Penalties can apply if you fail to lodge the supplementary return on time.

    How we use the information you provide

    The information provided in the supplementary return will help us:

    • assess the extent to which we have confidence that GST has been correctly reported
    • determine the level of ongoing investment in GST governance.

    Generally, our future engagement with you will depend on a number of factors, including:

    • the level of assurance obtained in our most recent GST assurance review
    • our monitoring and analytics during the periods between assurance reviews
    • the information provided in your return.

    The return collects information relevant to your continued investment in GST governance and correct reporting. It includes the work you’ve undertaken to address previous ATO recommendations or areas of low assurance or red flags, and whether you have completed the GST analytical tool or similar reconciliation for the period.

    We’ll also use the information provided to identify and monitor GST risks. We’ll differentiate our approach where we identify specific issues that require further engagement with you.

    Taxpayers in the Top 100 program

    We complete an initial Top 100 GST assurance review for each Top 100 taxpayer and continue annual reviews until overall high or medium assurance is attained.

    Once a taxpayer has attained an overall medium or high level of assurance in a Top 100 GST assurance review, they can expect tailored engagement. We review on a periodic basis at least once every 4 years, taking a monitoring stance during the intervening 3-year period. We may conduct targeted assurance activities during this time.

    We use the information you provide in the Supplementary annual GST return for Top 100 taxpayers to:

    • monitor your GST disclosures and outcomes in the intervening 3 years
    • inform the scope and intensity of our GST assurance reviews, including refresh reviews.

    The return also provides information for the refresh review period that is relevant to each of the 4 focus areas under justified trust. We’ll use this information, in conjunction with our earlier assurance review and what has since been disclosed in real time, to target our focus on the key areas where we need to refresh our assurance base.

    Our Top 100 Pre-lodgment disclosure framework sets out our existing expectations for real-time disclosures by Top 100 taxpayers. If you disclose something in real time that needs to be included in your Supplementary annual GST return, you can provide a brief explanation in the return and refer to the date of the prior disclosure for further context.

    Example 3: taxpayer in the Top 100 program

    Layoun Minerals is a Top 100 taxpayer that has had a GST assurance review and receives an overall high assurance rating and a Stage 2 governance rating. There were no areas of low assurance or red flags in the assurance report.

    Our assurance report recommends that Layoun Minerals:

    • create a procedure document in relation to issuing recipient created tax invoices
    • implement a documented procedure to undertake the GST analytical tool (GAT) or similar reconciliation on an annual basis to understand variances between their financial statements and GST reporting
    • evidence independent testing of their GST control framework.

    Layoun Minerals actively implements our recommendations. It also makes real-time disclosures when applicable in accordance with the Top 100 Pre-lodgment disclosure framework.

    When completing the Supplementary annual GST return for the 2024–25 financial year, Layoun Minerals provides the following responses:

    • Section B – there were no outstanding actions in relation to recommendations or areas of low assurance or red flags from its most recent GST assurance review (including subsequent ATO interactions) as it has
      • implemented a procedure document for recipient created tax invoices
      • a documented process to undertake the GAT annually
      • conducted the first phase of internal controls testing in line with its testing plan, with an independent tester conducting the testing of some specific controls and providing a report outlining the findings.
    • Section C – during the period the return covers, it considers it meets the criteria to maintain the GST governance rating given in the most recent GST assurance review, based on the criteria set out in our GST governance, data testing and transaction testing guide. There have not been any material business changes or material systems changes that impact its GST control framework since the earlier assurance review.
    • Section D – it had completed the GAT for the period the return covers with the following rates provided
      • effective GST rate on sales of 10.03%
      • effective GST rate on expenses of 9.72%
      • net effective GST rate of 9.84%.

    It considers that the remaining variance could only be resolved through a transactional-level analysis.

    • Section E – it did not take any material uncertain GST positions in the period the return covers.
    • Section F – during the period the return covers, it has not identified any material GST reporting errors or claimed material input tax credit amounts referable to earlier periods.

    Layoun Minerals retains objective evidence to support its responses.

    Layoun Minerals has a refresh GST assurance review of the 2024–25 financial year.

    We take a tailored approach in determining the scope and intensity of the refresh review. We leverage existing information, evidence and knowledge from our earlier assurance review, in combination with the information provided in Layoun Minerals’ Supplementary annual GST return for the refresh period and any real-time disclosures.

    The information indicates that Layoun Minerals has maintained a high level of GST compliance and governance. This enables us to reduce the scope and intensity of the refresh review.

    Layoun Minerals has already completed the GAT and can readily provide the objective evidence used to support its calculations.

    When considering all the relevant information, including the Supplementary annual GST return, we determine that there will be no requirement to conduct comprehensive data testing in the refresh review.

    End of example

    Taxpayers in the Top 1,000 program

    Under our differentiated approach to combined assurance reviews, we’ll assess the responses to the returns to determine the level of intensity for your next GST assurance review. This may result in a less intensive GST assurance review, or we may decide a GST assurance review is not required, where:

    • you have obtained an overall medium or high assurance rating for GST and a Stage 2 or Stage 3 GST governance rating in your most recent assurance review, with no unresolved ATO or client next actions
    • the information you provide in the return enables us to maintain confidence that your investment in GST governance is maintained and that GST is correctly reported.

    Taxpayers who obtained an overall low GST assurance rating or a Stage 1 GST governance rating will continue to be assured as part of their combined assurance review, however our review will be tailored based on the assurance already attained and the responses provided in the return.

    For taxpayers with significant systems changes (for example, implementing a new IT system) since their most recent GST assurance review, generally we would need to consider the impacts of these on GST governance through our assurance programs. There may also be taxpayers where specific engagement is required due to GST risks in their business.

    We may take a tailored approach to reviewing objective evidence to support responses in the return as part of a combined assurance review. This approach will vary based on the assurance previously attained and the responses in the return. For example, this may include reviewing evidence where a taxpayer indicates it has:

    • increased a rating to Stage 3 for governance
    • addressed recommendations in relation to a specific risk identified in the earlier assurance review
    • GAT workpapers.

    Example 4: taxpayer in the Top 1,000 program

    Timlin Manufacturing is a Top 1,000 taxpayer that has had a combined assurance review and received an overall high GST assurance rating and a stage 2 GST governance rating. There were no areas of low assurance or red flags in the assurance report.

    Our assurance report recommended that the taxpayer:

    • evidence independent testing of their GST control framework
    • document a process to periodically review whether it exceeds the financial acquisitions threshold
    • implement a documented procedure to undertake the GST analytical tool or similar reconciliation on an annual basis to understand variances between their financial statements and GST reporting.

    Timlin Manufacturing has actively implemented our recommendations from its assurance review.

    When completing the Supplementary annual GST return for the 2024–25 financial year, Timlin Manufacturing’s responses were:

    • Section B – there are no outstanding actions in relation to recommendations or areas of low assurance or red flags relating to its most recent GST assurance review (including subsequent ATO interactions).
      • Timlin Manufacturing has implemented documented procedures to undertake the GST Analytical Tool (GAT) on an annual basis and has introduced documented processes to regularly review whether the financial acquisitions threshold has been exceeded.
      • Timlin Manufacturing has commenced some controls testing in line with its testing plan, however it will not complete the testing until 2025–26 because the testing occurs over a 3 to 5-year rolling audit period.
    • Section C – it considers it meets the criteria to maintain the GST governance rating obtained in the most recent GST assurance review. That is, it considers it has maintained a Stage 2 rating, based on the criteria set out in our GST governance, data testing and transaction testing guide.
    • Section D – it has completed the GAT and considers that all variances can be explained. The following rates were provided:
      • effective GST rate on sales of 9.96%
      • effective GST rate on expenses of 9.94%
      • net effective GST rate of 9.82%.

    It considers that the remaining variance can reasonably be explained by timing differences.

    • Section E – it has not taken any material uncertain GST positions in the period the return covers.
    • Section F – it has not identified any material GST reporting errors or claimed material input tax credit amounts referable to earlier periods.

    Timlin Manufacturing retains objective evidence to support the responses.

    Based on the information provided in the return, we were able to assess Timlin Manufacturing’s GST compliance position and determine that it has actioned our recommendations and the responses provided us with confidence that the level of investment in GST compliance has been maintained.

    If Timlin Manufacturing is selected for a combined assurance review in the 2024–25 financial year, we would expect to either:

    • not undertake a GST assurance review as part of the combined assurance review
    • take a tailored approach to reviewing objective evidence to support responses in the return.

    End of example

    Completing and lodging the supplementary return

    To get a copy of the return, go to Supplementary annual GST return 2025. You can also read Instructions to complete the Supplementary annual GST return 2025.

    Email the completed Supplementary annual GST return to SAGR@ato.gov.au.

    If additional lodgment methods are available, we’ll let you know when we issue your notice to lodge.

    You should have objective evidence to support your responses in the return. However, you do not need to provide any documentation when lodging your return. We may ask you for supporting evidence later.

    More information

    If you have any questions about the Supplementary annual GST return, you can email us at SAGR@ato.gov.au.

    MIL OSI News –

  • MIL-OSI Australia: Instructions to complete the Supplementary annual GST return 2025

    Source: New places to play in Gungahlin

    Our commitment to you

    We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations.

    If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take.

    Some of the information on this website applies to a specific financial year. This is clearly marked. Make sure you have the information for the right year before making decisions based on that information.

    If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice.

    Copyright notice

    © Australian Taxation Office for the Commonwealth of Australia

    You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

    MIL OSI News –

  • MIL-OSI USA: Kennedy reintroduces CRAWDAD Act to support Louisiana jobs, culture

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)

    WASHINGTON – Sen. John Kennedy (R-La), a member of the Senate Appropriations Committee, today reintroduced the Crawfish Recovery Assistance from Weather Disasters and Droughts (CRAWDAD) Act. The bill would support Louisiana crawfish jobs when severe weather puts strain on the industry.

    “Come rain, shine, sleet or snow, Louisiana’s mudbug farmers always work hard to deliver quality food to crawfish lovers. My CRAWDAD Act would make sure crawfish producers have access to the emergency support they need when droughts and other severe weather strike,” said Kennedy. 

    Sen. Bill Cassidy (R-La.) cosponsored the CRAWDAD Act.

    “When you think Louisiana, you think crawfish. Crawfish farmers work hard to provide Louisiana and the world with the tastiest crawdads possible. Let’s support them as they do so, rain or shine,” said Cassidy.

    Background:

    • The Emergency Livestock Assistance Program (ELAP) provides producers of livestock, honeybees and farm-raised fish access to federal financial assistance when they face adverse weather, disease or loss conditions. 
    • In 2021, the Secretary of Agriculture temporarily expanded the ELAP to include crawfish producers when the industry suffered losses.

    The CRAWDAD Act would make crawfish producers eligible for ELAP funding on a permanent basis, ensuring that they have access to the emergency support they need without unnecessary bureaucratic delays.

    Kennedy’s bill would also classify a drought as a weather event that the Secretary of Agriculture could declare as an emergency. 

    The Louisiana Farm Bureau supports the CRAWDAD Act.

    “Louisiana crawfish farmers hope to never see another drought like they did in 2023. Louisiana Farm Bureau appreciates Senator Kennedy in the reintroduction of the CRAWDAD Act to provide additional support for this vital Louisiana industry,” said Louisiana Farm Bureau President Richard Fontenot.

    Full text of the CRAWDAD Act is available here.

    MIL OSI USA News –

  • MIL-Evening Report: New taxes on super didn’t get much attention in the election campaign. But they could be tricky to implement

    Source: The Conversation (Au and NZ) – By Mark Melatos, Associate Professor of Economics, University of Sydney

    Poetra.RH/Shutterstock

    The re-election of the Albanese government has led to renewed concern about planned changes to the taxation of investment returns in superannuation funds.

    Labor’s emphatic victory on Saturday night, including what looks like an increased presence in the Senate, suggests the legislation is likely to become law in the near future.

    Retirement income in Australia

    Australia’s retirement income system comprises two pillars: a government-funded age pension as well as private superannuation.

    Super includes compulsory employer-funded contributions as well as additional personal contributions.

    These two pillars are complementary; a person can receive a pension even if they have private super. But the more super they have, the less pension they are eligible for.

    About 70% of superannuation assets are held in Australian Prudential Regulation Authority (APRA)-regulated funds and 25% are held in self-managed super funds (SMSFs).

    There are two types of tax – and tax concessions – on super. First, employer contributions and capped personal contributions are taxed at a concessional rate of 15%. Second, income earned by a super fund is taxed at 15% for balances in the accumulation phase (when contributions are being made). Income earned in the pension phase is tax-free.

    So what does the proposed reform entail?

    Starting July 1, the government proposes to increase the concessional tax rate on super account earnings in the accumulation phase from 15% to 30% for balances above A$3 million.

    Those affected – about 80,000 super account holders, or 0.5% of the total – will continue to benefit from the existing 15% concessional tax rate on earnings on the first $3 million of their super balance.

    They will also be able to carry forward any loss as an offset against their tax liability in future years.

    The proposed increase in taxes would affect about 80,000 account holders.
    Fizkes/Shutterstock

    Concerns with the proposed reform

    Concerns have been raised this reform implies the taxation of unrealised capital gains on assets held in super accounts, such as shares or property, even if they have not been sold.

    This is, indeed, a significant departure from the status quo. Both APRA-regulated funds and SMSFs are currently only required to pay capital gains tax once the asset is sold and the gain is crystallised.

    The move to tax unrealised capital gains is likely to prove particularly onerous for SMSFs. The typical industry super fund has a diversified portfolio of assets of varying liquidity, including significant cash holdings. But SMSF portfolios are often dominated by a large and illiquid asset (ones that cannot be easily sold and converted into cash) such as a farm or business property.

    As a result, an SMSF facing a large unrealised capital gain, say from an increase in property values, may not have sufficient cash flow to pay the associated tax bill. The SMSF trustee might be forced to prematurely sell assets to meet the fund’s tax liability.

    In the United States, President Joe Biden’s 2025 budget included a similar proposal to tax unrealised capital gains for households with more than US$100 million in wealth.

    Purpose of the proposed reform

    In announcing this initiative, Treasurer Jim Chalmers suggested the motivation was two-fold.

    First, the federal government is facing pressure on the budget bottom line and generous tax concessions for super are becoming expensive.

    Second, current super tax concessions are highly regressive. This means most benefits of the concessions flow to the wealthiest households which, in any case, will not be eligible for the pension.

    The cost of current super concessions to the federal budget is about $50 billion in foregone revenue, according to Treasury. That is almost the cost of the age pension.

    The Grattan Institute argues superannuation has become a “taxpayer-funded inheritance scheme”. A Treasury review found most Australians die with large outstanding super balances.

    The Association of Superannuation Funds of Australia Retirement Standard calculates that, for a comfortable retirement, a couple needs a super balance of about $700,000 if they retire at age 67. The $3 million threshold is out of the ballpark. However, if the threshold is not indexed more people will be affected over time.

    So, is this reform useful?

    According to the government’s Retirement Income Review, the objective of Australia’s super system should be to “deliver adequate standards of living in retirement in an equitable, sustainable and cohesive way”.

    While the proposed tax change aims to improve the equity and sustainability of Australia’s super system, it is not clear how it will work in practice.

    In response to SMSF concerns about the difficulty in paying tax bills, the government’s proposal gives taxpayers 84 days to pay the tax liability instead of the usual 21 days. This hardly mitigates the risk that SMSF trustees may have to liquidate the main asset in their fund.

    The Biden proposal had presented an alternative model, allowing for the tax liability to be paid over several years, not all at once. Alternatively, taxpayers could pay an interest-like charge while deferring their unrealised capital gains tax liability.

    Such alternatives do not appear to have been seriously considered in the Australian government’s proposal.

    Ultimately, though, the question must be asked: is taxing volatile unrealised capital gains really the most effective way to improve equity in, and the sustainability of, the superannuation system?

    Mark Melatos does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. New taxes on super didn’t get much attention in the election campaign. But they could be tricky to implement – https://theconversation.com/new-taxes-on-super-didnt-get-much-attention-in-the-election-campaign-but-they-could-be-tricky-to-implement-255871

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Women’s sports are fighting an uphill battle against our social media algorithms

    Source: The Conversation (Au and NZ) – By Hans Westerbeek, Professor of International Sport Business, Head of Sport Business Insights Group, Victoria University

    Women’s sport is more and more getting the attention it deserves.

    Stadiums are filling, television ratings for many sports are climbing and athletes such as the Matildas’ Mary Fowler, triple Olympic gold medallist Jess Fox and star cricketer Ellyse Perry are becoming household names.

    Despite this progress, an invisible threat looms, one that risks undoing years of advocacy and momentum.

    That threat is the algorithm.

    How sports consumption is changing

    As more fans consume sport through digital platforms such as YouTube, TikTok, Instagram and increasingly, AI-curated streaming services such as WSC Sports, the content they see is being selected not by editors but by artificial intelligence (AI).

    Algorithms, trained to maximise engagement and profits, are deciding what appears in your feed, which video auto-plays next, and which highlights are pushed to the top of your screen.

    But here is the problem: algorithms prioritise content that is already popular.

    That usually means men’s sport.

    This creates what researchers call an echo chamber effect, where users are shown more of what they already engage with and less of what they don’t.

    In sport, this can be deeply problematic.

    If a user clicks on highlights from the AFL men’s competition for example, the algorithm will respond by serving up more men’s footy content.

    Over time, content from women’s competitions risks being squeezed out, not because it is unworthy but because it has not yet achieved the same levels of engagement.

    This is not a glitch, it is a structural flaw in how digital platforms are designed to serve content.

    It means women’s sport, already underrepresented in traditional media, risks becoming all but invisible to many users in this AI-driven ecosystem.

    Also, generative AI tools such as ChatGPT, Sora and others don’t just curate content, they now create it.

    Match reports, fan commentary, video summaries and social posts are being generated by machines. But these systems are trained on historical data, which overwhelmingly favours men’s sport.

    So, the more content the algorithm generates, the more it reproduces the same imbalance. What was once human bias is now being automated and scaled across millions of screens.

    This may sound abstract, but it has real-world consequences.

    Young fans raised on algorithmically curated content are less likely to see women’s sport unless they actively search for it. And if they don’t see it, they don’t form emotional attachments to it.

    That has major implications for ticket sales, merchandise, viewership and sponsorship investment.

    An uphill battle

    In short, visibility drives viability. If women’s sport becomes digitally invisible, it risks becoming financially unsustainable.

    A 2024 study in Victoria shows only around 15% of traditional sports media coverage in the state goes to women’s sport. This mirrors a 2019 European Union study across 22 countries, which found 85% of print media coverage is dedicated to male athletes.

    And while progress has been made, particularly during events such as the FIFA Women’s World Cup or the Olympics, regular, everyday visibility remains an uphill battle.

    AI threatens to compound these historic disparities. A 2024 study found algorithms trained on historical data reproduce and even amplify gender bias.

    The very systems that could democratise access to sport content may, in fact, be reinforcing old inequalities.

    What can be done?

    We can’t turn off the algorithm. But we can hold it to account.

    Platforms like YouTube, TikTok and Netflix should be required to undergo independent algorithmic audits.

    These would evaluate whether content recommendation engines are systemically under-representing women’s sport and propose changes.

    In Europe, the Artificial Intelligence Act, one of the world’s first comprehensive AI regulations, requires transparency and oversight for high-risk AI applications. Australia and other countries should consider similar obligations for content platforms.

    Sport organisations and broadcasters need to create intentional pathways for fans to discover women’s sport, even if they haven’t previously engaged with it.

    That means curated playlists, featured stories and digital campaigns that surface content outside the fan’s usual algorithmic bubble.

    Platforms must balance personalisation with diversity.

    We also need better media literacy, especially for younger audiences. Fans should be encouraged to explore beyond what’s served to them, seek out women’s sport channels, and recognise when the algorithm is reinforcing narrow viewing habits.

    Teaching this in schools, sport clubs and community programs could make a big difference.

    An opportunity for Australia

    Australia is well placed to lead this change because our women’s national teams are globally competitive, our domestic leagues are growing and fan appetite is rising.

    But without visibility, this momentum can fade. We must remember that algorithms don’t just reflect our preferences, they shape them.

    In an age where AI can dictate what we see, the battle for attention becomes even more crucial.

    If we want women’s sport to thrive every week, we need to ensure it is seen, heard and valued in the digital spaces where fandom now lives.

    Because in the age of AI, what we don’t see may be just as powerful as what we do.

    Hans Westerbeek does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Women’s sports are fighting an uphill battle against our social media algorithms – https://theconversation.com/womens-sports-are-fighting-an-uphill-battle-against-our-social-media-algorithms-255001

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: First National Bank Alaska announces unaudited results for first quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    ANCHORAGE, Alaska, May 07, 2025 (GLOBE NEWSWIRE) — First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2025 was $17.7 million, or $5.60 per share. This compares to a net income of $13.5 million, or $4.26 per share, for the same period in 2024.

    “The momentum we gained in 2024 propelled the bank to a very strong first quarter performance,” said First National Board Chair and CEO/President Betsy Lawer. “Our unrivaled 600-plus employees are delivering dynamic improvements to services across the bank. By focusing on improving our customer experiences whether in person or online, we are creating efficiencies in our operations, enhancing cybersecurity awareness and reducing the impact of fraud on the bank and our customers. Our balance sheet remains well positioned to support opportunities for Alaskans.”

    Loans totaled $2.6 billion as of March 31, 2025, an increase of $137.1 million during first quarter 2025, and an increase of $237.8 million compared to the same period in 2024. First quarter loan quality was strong with nonperforming loans of $4.2 million, 0.16% of outstanding loans compared to $4.3 million and 0.17% as of Dec. 31, 2024. The provision for credit losses totaled $1.5 million as of March 31, 2025, compared to $0.9 million as of March 31, 2024. The allowance for credit losses as of March 31, 2025 totaled $19.5 million, or 0.75% of total loans.

    First quarter total interest and loan fee income was $56.0 million, a 5.9% decrease from $59.5 million for the first quarter ended March 31, 2024. The bank repaid all borrowings in 2024 reducing earning assets. Interest income to average earning assets increased to 4.61% compared to 4.28% as of March 31, 2024.

    Assets totaled $4.9 billion as of March 31, 2025, decreasing $322.9 million primarily due to the repayments under the Federal Reserve Bank Term Funding Program during 2024. Return on assets as of March 31, 2025, increased to 1.42%, forty-seven basis points higher than first quarter 2024, on strong first quarter net income performance.

    Deposits and repurchase agreements totaled $4.3 billion as of March 31, 2025, compared to $4.2 billion as of March 31, 2024, and $4.4 billion as of Dec. 31, 2024. First quarter activity represented normal seasonal outflow.

    Total interest expense for the quarter decreased $9.2 million compared to the quarter ended March 31, 2024 without interest incurred on borrowed funds. Interest expense to average earning assets decreased to 98 basis points compared to 1.52% as of March 31, 2024. Net interest margin through March 31, 2025, was 3.63% compared to 2.76% for the year ended March 31, 2024.

    Noninterest income for first quarter 2025 was $6.8 million, an increase of 3.5% compared to first quarter 2024. Quarterly improvement occurred in fiduciary, mortgage loan servicing, and bankcard activities. Noninterest expenses for the first quarter of 2025 increased 1.0% compared to the same period in 2024. The efficiency ratio for March 31, 2025, was 49.70% and remains better than First National’s peer groups, both in Alaska and across the nation.

    Shareholders’ equity was $535.1 million as of March 31, 2025, compared to $516.6 million as of Dec. 31, 2024. This $18.5 million increase resulted from a decrease in the net unrealized loss position of the securities portfolio and net income retained in excess of dividends paid. Return on equity as of March 31, 2025, was 13.49% compared to 13.60% as of Dec. 31, 2024. Book value per share increased to $168.98, compared to $163.11 as of Dec. 31, 2024. The bank’s March 31, 2025, Tier 1 leverage capital ratio of 11.72% remains above well-capitalized standards.

    ABOUT FIRST NATIONAL BANK ALASKA

    Alaska’s community bank since 1922, First National Bank Alaska proudly meets the financial needs of Alaskans with ATMs and 28 locations in 19 communities throughout the state, and by providing banking services to meet their needs across the nation and around the world.

    In 2025, Forbes selected First National as the sixth best bank on their America’s Best Banks list, and Newsweek recognized the bank as one of the nation’s Best Regional Banks and Credit Unions. In 2024, Alaska Business readers voted First National “Best of Alaska Business” in the Best Place to Work category for the ninth year in a row, Best Bank/Credit Union for the fourth time, and Best Customer Service. The bank was also voted “Best of Alaska” in 2024 in the Anchorage Daily News awards, ranking as one of the top three in the Bank/Financial category for the sixth year in a row. American Banker again recognized First National as a “Best Bank to Work For” in 2024, for the seventh consecutive year.

    For more than a century, the bank has been committed to supporting the communities it serves. In 2024, for the eighth consecutive reporting period, over a span of twenty-four years, First National received an Outstanding Community Reinvestment Act performance rating from the Office of the Comptroller of the Currency.

    First National Bank Alaska is a Member FDIC, Equal Housing Lender, and recognized as a Minority Depository Institution by the Office of the Comptroller of the Currency, as it is majority-owned by women.

    CONTACT: Marketing, 907-777-3451

       
      Quarter Ended ($ in thousands)
    Financial Overview (Unaudited)
      3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024
    Balance Sheet          
    Total Assets $ 4,890,081   $ 4,997,767   $ 5,557,306   $ 5,116,066   $ 5,212,976  
    Total Securities $ 1,882,332   $ 1,928,625   $ 2,602,519   $ 2,197,788   $ 2,404,078  
    Total Loans $ 2,607,081   $ 2,469,935   $ 2,445,596   $ 2,391,593   $ 2,369,282  
    Total Deposits $ 3,580,147   $ 3,679,155   $ 3,728,181   $ 3,698,631   $ 3,665,066  
    Repurchase Agreements $ 716,908   $ 743,193   $ 647,043   $ 615,096   $ 571,463  
    Total Deposits and Repurchase Agreements $ 4,297,055   $ 4,422,348   $ 4,375,224   $ 4,313,727   $ 4,236,529  
    Total Borrowing under the Federal Reserve Bank Term Funding Program $ –   $ –   $ 249,868   $ 249,868   $ 430,000  
    Unrealized loss on marketable securities, net of tax $ (49,465 ) $ (62,985 ) $ (52,020 ) $ (86,857 ) $ (95,809 )
    Total Shareholders’ Equity $ 535,148   $ 516,562   $ 527,864   $ 485,167   $ 470,702  
               
    Income Statement          
    Total Interest And Loan Fee Income $ 56,005   $ 63,439   $ 64,615   $ 56,773   $ 59,493  
    Total Interest Expense $ 11,956   $ 18,591   $ 21,319   $ 16,521   $ 21,168  
    Provision for Credit Losses $ 1,535   $ (118 ) $ (432 ) $ 318   $ 953  
    Total Noninterest Income $ 6,768   $ 7,011   $ 7,293   $ 7,389   $ 6,540  
    Total Noninterest Expense $ 25,334   $ 27,696   $ 25,928   $ 25,637   $ 25,085  
    Provision for Income Taxes $ 6,214   $ 4,350   $ 7,099   $ 6,039   $ 5,351  
    Net Income $ 17,734   $ 19,931   $ 17,994   $ 15,647   $ 13,476  
    Earnings per common share $ 5.60   $ 6.29   $ 5.68   $ 4.94   $ 4.26  
    Dividend per common share $ 4.00   $ 6.40   $ 3.20   $ 3.20   $ 3.20  
               
    Financial Measures          
    Return on Assets   1.42 %   1.22 %   1.15 %   1.08 %   0.95 %
    Return on Equity   13.49 %   13.60 %   12.90 %   12.30 %   11.52 %
    Net Interest Margin   3.63 %   3.12 %   3.04 %   2.98 %   2.76 %
    Interest Income to Average Earning Assets   4.61 %   4.57 %   4.51 %   4.40 %   4.28 %
    Interest Expense to Average Earning Assets   0.98 %   1.45 %   1.47 %   1.42 %   1.52 %
    Efficiency Ratio   49.70 %   53.51 %   53.59 %   54.94 %   56.00 %
               
    Capital          
    Shareholders’ Equity/Total Assets   10.94 %   10.34 %   9.50 %   9.48 %   9.03 %
    Tier 1 Leverage Ratio   0.98 %   1.45 %   1.47 %   1.42 %   1.52 %
    Regulatory Well Capitalized Minimum Ratio – Tier 1 Leverage Ratio   5.00 %   5.00 %   5.00 %   5.00 %   5.00 %
    Tier 1 (Core) Capital $ 584,613   $ 579,547   $ 579,884   $ 572,024   $ 566,511  
               
    Credit Quality          
    Nonperforming Loans and OREO $ 4,243   $ 4,313   $ 4,186   $ 4,731   $ 28,634  
    Nonperforming Loans and OREO/Total Loans   0.16 %   0.17 %   0.17 %   0.20 %   1.21 %
    Nonperforming Loans and OREO/Tier 1 Capital   0.73 %   0.74 %   0.72 %   0.83 %   5.05 %
    Allowance for Loan Losses $ 19,500   $ 18,025   $ 18,550   $ 19,000   $ 18,800  
    Allowance for Loan Losses/Total Loans   0.75 %   0.73 %   0.76 %   0.79 %   0.79 %
               
    Net interest margin, yields, and efficiency ratios are tax effected.      
    Financial measures are year-to-date.          
    Per common share amounts are not in thousands.        
               

    The MIL Network –

  • MIL-OSI New Zealand: Wildlife Act fix enables economic growth with animal protection

    Source: Police investigating after shots fired at Hastings house

    Date:  08 May 2025 Source:  Office of the Minister of Conservation

    The High Court recently decided it was unlawful for the Department of Conservation – Te Papa Atawhai to authorise the killing of wildlife unless there was a direct link between killing and protecting wildlife. Incidental harm to wildlife, while not desired, sometimes happens when carrying out a lawful activity, such as consented construction works.

    “This decision placed multiple projects, which previously received DOC authorisations, in a state of uncertainty,” Mr Potaka says. “Projects include activities for building new solar and wind farms, plantation forests, and powerline maintenance that are essential for supporting our growing economy.

    “Today’s improvements give certainty to authority holders that their projects can continue lawfully, whether it’s for important conservation work like pest control or development and infrastructure projects.

    “Today’s changes clarify how authorisations can be consistent with protecting wildlife, and that the Director-General of the Department of Conservation – Te Papa Atawhai can make authorisations. We are restoring the approach that DOC was taking for authorising activities before the Court’s decision and provide legal clarity.

    “These changes keep safeguards to protect wildlife. It’s important Aotearoa New Zealand’s wildlife continues to be protected, and that species can thrive as we support a strong and growing economy.

    “Under the amended Wildlife Act, authority holders are still expected to avoid and minimise harm to protected species. Examples include relocating animals before doing any construction work – to protect populations and support the ongoing viability of species,” says Mr Potaka.

    “Now the amendments have been enacted, we can turn to accelerating a comprehensive review of the Wildlife Act.”

    Contact

    For media enquiries contact:

    Email: media@doc.govt.nz

    MIL OSI New Zealand News –

  • MIL-OSI USA: Governor Polis: Real Results Delivered for Coloradans in 2025 Legislative Session

    Source: US State of Colorado

    New laws will increase housing options that Coloradans can afford, support education, improve public safety and more 

    DENVER – Governor Polis released the following statement at the end of a productive legislation session in 2025 that delivered real results for Coloradans. 

    “Every year, we work to go even further to deliver results for Coloradans, and that’s what we’ve done during this legislative session. We are breaking down barriers to housing Coloradans can afford, increasing funding for law enforcement and safer communities, and investing in Colorado students and educators. With these new laws, we are pushing toward a more affordable, sustainable, and livable Colorado for everyone. Our state is proud to be a model for getting things done no matter what happens in Washington, and we are focused on doing what’s best for Colorado. I appreciate all the collaboration and hard work from the members of the General Assembly to strengthen Colorado and look forward to seeing the impact of these important new laws,” said Governor Jared Polis. 

    Major successes for hardworking Coloradans from this legislative session include: 

    MORE HOUSING NOW: 

    IMPROVING PUBLIC SAFETY: 

    • SB25-310 – Proposition 130 Implementation: This law supports funding for local law enforcement agencies to help recruit peace officers by providing financial reimbursements and tuition assistance for initial and continuing education and training for peace officers, as well as pay incentives and bonuses. The bill also provides funding to ensure that the families of fallen officers get the support they need after losing their loved one in the line of duty. 

    ###

    MIL OSI USA News –

  • MIL-OSI Submissions: Africa – The Islamic Development Bank (IsDB) Group Entities to Host the 13th Private Sector Forum in Algiers, Algeria (20-22 May 2025)

    SOURCE: Islamic Development Bank Group (IsDB Group)

    The forum will enhance public-private partnerships by strengthening collaboration between governments and private enterprises to drive economic diversification and sustainable development

    ALGIERS, Algeria, May 6, 2025/ — The Entities of the Islamic Development Bank (IsDB) Group (www.IsDB.org), including the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC), in collaboration with the Islamic Development Bank Group Business Forum (THIQAH), are pleased to announce the 13th edition of the Private Sector Forum (PSF 2025), taking place from May 20 to 22, 2025, at the Abdelatif Rahal International Conference Center in Algiers, Algeria. This prestigious event will take place on the sidelines of the IsDB Group Annual Meetings and is organized under the high patronage of His Excellency Abdelmadjid Tebboune, President of the People’s Democratic Republic of Algeria.

    Under the theme “Diversifying Economies, Enriching Lives” PSF 2025 aims to reinforce the pivotal role of the private sector in fostering sustainable economic growth, enhancing trade and investment flows, and unlocking opportunities for strategic partnerships across the IsDB member countries. The forum will provide an exclusive platform for key stakeholders to explore new business opportunities, exchange knowledge, and strengthen regional and international economic cooperation.

    PSF 2025 will promote investment and trade by highlighting emerging opportunities in key sectors such as infrastructure, energy, technology, healthcare, and finance while facilitating cross-border investments and trade.  The forum will enhance public-private partnerships by strengthening collaboration between governments and private enterprises to drive economic diversification and sustainable development. It will also empower entrepreneurs and startups by providing a dedicated platform to support innovative startups and SMEs through networking, capacity-building, and funding opportunities.  Additionally, it will facilitate business networking by organizing B2B and B2G meetings, fostering strategic alliances between businesses, investors, policymakers, and financial institutions.  Finally, it will showcase success stories and best practices by sharing real-world insights from industry leaders and experts to inspire growth, resilience, and transformation within member economies.

    The event is expected to attract over 1,500 participants, including high-level government officials, chairpersons, presidents, and CEOs of leading local and international companies, multilateral development institutions, chambers of commerce and industry, business associations, investment promotion agencies, individual investors, and entrepreneurs.

    In addition to insightful panel discussions and keynote speeches, PSF 2025 will feature a dedicated exhibition where partners can showcase their projects, services, and investment opportunities. It will include a startup competition designed to foster innovation and highlight groundbreaking business ideas. For the third time, the event will introduce the IsDB Group recognition awards, honoring distinguished organizations and individuals for their contributions to economic development and trade facilitation.

    The forum will welcome prominent speakers, including the Chief Executive Officers of the IsDB Group entities, Dr. Khalid Khalafalla, CEO of ICIEC and Acting CEO of ICD, and Eng. Adeeb Al Aama, CEO of ITFC. These leaders, along with industry experts, will share success stories, experiences, and best practices to further strengthen investment and trade across the IsDB member countries.

    For further details, please visit the event’s official website: www.IsDBG-PSF.org

    About Islamic Development Bank (IsDB):
    The Islamic Development Bank is a multilateral development bank that works to improve the lives of those it serves by promoting social and economic development in Muslim countries and communities around the world and making a difference at scale. Through collaborative partnerships between communities in its 57 member countries, the Bank seeks to equip communities to drive their own economic and social progress at scale, and put the infrastructure in place to enable them to realize their potential. The Bank’s new business model of “making markets work for development” contributes to enhancing the competitiveness of our member countries in strategic industries in order to improve participation and upgrading in global value chains. This is in the field of food and agricultural industries, textiles, clothing, leather, shoes, petrochemicals and petroleum, construction, and Islamic finance. The Bank also promotes innovative and sustainable solutions to the biggest development challenges in the world, and takes advantage of the scientific potential in technology and innovation as strategic drivers of economic growth, and we also work to achieve the United Nations sustainable development goals.

    About The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
    About ICIEC:
    ICIEC commenced operations in 1994 to strengthen economic relations between OIC member countries and promote intra-OIC trade and investments by providing risk mitigation tools and financial solutions. The Corporation is uniquely the only Islamic multilateral insurer in the world. It has led from the front in delivering a comprehensive suite of solutions to companies and parties in its member countries. ICIEC, for the 17th consecutive year, maintained an “Aa3” insurance financial strength credit rating from Moody’s, ranking the Corporation among the top of the Credit and Political Risk Insurance (CPRI) Industry. Additionally, ICIEC has been assigned a First-Time “AA-” long-term Issuer Credit Rating by S&P with Stable Outlook.  ICIEC’s resilience is underpinned by its sound underwriting, reinsurance, and risk management policies. Cumulatively, ICIEC has insured more than US$121 billion in trade and investment. ICIEC activities are directed to several sectors – energy, manufacturing, infrastructure, healthcare, and agriculture.

    For more information, visit: http://ICIEC.IsDB.org ,

    About the Islamic Corporation for the Development of the Private Sector (ICD):
    The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank (IsDB). It supports the economic development of its member countries by providing financial assistance to private sector projects in accordance with the principles of Shari’ah. It also mobilizes additional resources for projects and encourages the development of Islamic finance. ICD’s operations complement the activities of IsDB in member countries and also those of national financial institutions. ICD has 55 member countries and five public financial institutions as its shareholders and has an authorized capital of USD 4 billion.

    About the International Trade Finance Corporation (ITFC):
    The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$ 83 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.

    About the Islamic Development Bank Group Business Forum (THIQAH):
    The Islamic Development Bank Group Business Forum (THIQAH) is the window of the IsDB Group that facilitate contact and coordination between entities concerned of the IsDB Group and private sector firms and related institutions in IsDB Group member countries. The main objective of THIQAH is to establish a unique platform for effective dialogue, cooperation and inclusive partnership for business leaders committed to partnering in promising investment opportunities. Through facilitation and catalyst roles, THIQAH will be leveraging IsDB Group’s resources to offer necessary services and confidence to investors and to establish strategic partnerships with the leaders of the private sector. The primary focus will be on maximizing cross-border investment among member countries to be supported by IsDB Group’s financial products and services. (www.IDBGBF.org)

    MIL OSI – Submitted News –

  • MIL-OSI China: FM spokesperson briefs on China’s position on high-level economic, trade meeting with US

    Source: People’s Republic of China – State Council News

    The United States has repeatedly expressed its desire to hold negotiations with China in recent days, and the upcoming meeting between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent will take place at the request of the U.S. side, a Chinese foreign ministry spokesperson said Wednesday.

    Spokesperson Lin Jian made the remarks at a regular press briefing, noting that China firmly opposes the indiscriminate imposition of tariffs by the United States and that its position on the matter remains unchanged.

    “China is open to dialogues, but any dialogue must be based on equality, respect and mutual benefit,” Lin said, adding that any form of pressure and coercion will not work for China.

    “China will firmly safeguard its legitimate interests and uphold international fairness and justice,” said the spokesperson.

    He further noted that external shocks cannot change the fundamentals of China’s economy featuring a solid foundation, multiple advantages, strong resilience and vast potential, nor can they change the solid momentum of China’s high-quality development.

    “We have a strong ability to withstand pressure, and sufficient measures and means to safeguard our legitimate rights and interests,” Lin said.

    “We are also willing to strengthen solidarity and coordination with the international community, jointly resist unilateralism, protectionism and economic bullying, safeguard the multilateral trading system, and defend international fairness and justice,” he said.

    MIL OSI China News –

  • MIL-OSI China: Low-altitude tourism takes off on China’s tropical island

    Source: People’s Republic of China – State Council News

    A tourist enjoys paragliding in Lingshui Li Autonomous County, south China’s Hainan Province, May 3, 2025.  (Xinhua/Guo Cheng)

    A helicopter was slowly ascending, offering a breathtaking view of the vast blue ocean below and the stunning tropical coastal city of Sanya in south China’s Hainan.

    Sat in the cabin of the helicopter was He Jixu, a tourist from southwest China’s Sichuan Province. It was the first time he had enjoyed a helicopter ride over the resort city, an unforgettable highlight of his trip.

    “Seeing the ocean from the sky is an entirely different experience. The view is incredibly expansive, the scenery is more breathtaking, and it feels so unique,” he said.

    For tourists, the charm of the island now extends beyond its signature sea and beaches. From helicopter tours and paragliding, to skydiving and hot air balloon rides, a thrilling array of aerial adventures has enriched tourists’ experiences.

    At Sanya Tarhe skydiving base, the largest of its kind in Hainan, the lobby bustled with visitors from across the country. Some awaited their turn with eager anticipation, while others returned excitedly after their skydiving.

    “The moment I jumped out, my heart raced. But when calm returned, I enjoyed the sight of the glittering sea and the endless blue sky, and felt completely at peace,” said Wang Xiaoling, a tourist from north China’s Inner Mongolia Autonomous Region. For Wang, skydiving is not just a thrilling adventure, but also a gateway to a whole new world.

    “I love exploring different places and having diverse experiences. This skydiving attempt is also about challenging myself to become braver,” she added. 

    Zhang Enming, general manager of Sanya Tarhe Skydiving Club, said the base offered several skydiving packages, with prices ranging from 3,999 yuan (about 550 U.S. dollars) for fixed-wing aircraft to 6,999 yuan and 8,699 yuan for helicopter-based experiences.

    During the May Day holiday, the number of skydiving bookings surged, with daily traffic increasing by about 70 percent compared to usual.

    Low-altitude tourism, a burgeoning sector, offers a unique perspective and experience for tourists, and is especially appealing to young people, said Zhang. The base served over 10,000 customers last year, and the number in the first quarter of this year has reached 6,000.

    As China’s only tropical island province, Hainan enjoys a significant advantage in developing low-altitude tourism, with over 300 days of flyable weather each year.

    Hainan’s low-altitude tourism market mainly focuses on aerial sightseeing and skydiving. According to the Hainan Provincial Development and Reform Commission, in 2024, Hainan recorded 209,800 takeoffs and landings for aerial sightseeing and 14,900 for skydiving, accounting for 48 percent and 44 percent of the national totals, respectively. 

    Flight hours for aerial sightseeing and skydiving reached 11,200 and 3,600 hours, respectively, representing 28 percent and 31 percent of national totals, with both categories ranking first in China.

    Policy support has played a key role in the sector’s growth. China has included low-altitude economy in the government work report for two consecutive years, vigorously promoting its development.

    As an innovative application of the low-altitude economy, low-altitude tourism has injected new vitality into tourism while revealing the sector’s enormous market potential.

    Many local governments have also taken proactive steps to develop low-altitude tourism. In July 2024, Guangzhou introduced a series of measures to support low-altitude tourism and aerial sports development. In January 2025, Shanghai successfully tested its first low-altitude passenger route directly connecting to a hotel, enriching the city’s tourism offerings in the area.

    A three-year plan on the development of low-altitude economy in Hainan from 2024 to 2026 proposes expanding low-altitude aircraft tourism scenarios. It supports cities and counties along Hainan’s round-the-island highway to open low-altitude tourism routes using helicopters, electric vertical take-off and landing aircraft, and flying cars, enhancing the diversity of low-altitude tourism.

    “With the government’s strong support for the low-altitude economy, we’re highly confident about the future of skydiving and the entire low-altitude tourism sector,” Zhang said.

    Chen Yao, director of a Hainan-based tourism development research institute, said in the future Hainan will develop low-altitude tourism along the round-the-island highway, creating multi-dimensional, immersive and innovative tourism products.

    MIL OSI China News –

  • MIL-OSI NGOs: Greenpeace USA responds to Energy Transfer Q1 earnings call announcement

    Source: Greenpeace Statement –

    Greenpeace USA projected a powerful message of purpose and defiance onto the base of the Golden Gate Bridge. The action marked 100 days into the administration’s second term and launched the global #TimeToResist campaign — a call to push back against attacks on democracy, dissent, and environmental justice from from billionaire oligarchs and corporate bullies. © Jana Asenbrennerova / Greenpeace

    Washington, D.C. (May 6, 2025) – In response to Energy Transfer announcing $4.1B in 2025 Q1 profits, Sushma Raman, Greenpeace USA Interim Executive Director, said: 

    “There are no words to fully capture the absurdity of Energy Transfer boasting billions in quarterly profits while trying to squeeze more than $660 million out of Greenpeace USA, Greenpeace Fund, and Greenpeace International. But as we’ve said from the beginning – this was never about money. There is no dollar figure that can be placed on rolling back constitutional rights to free speech and protest, yet, that is exactly what’s unfolding under this administration. Donald Trump’s wealthy allies are attempting to buy the power to silence dissent, using their bank accounts as battering rams against democracy. Our response is in our resistance. As we continue to fight these baseless charges, we know this is the Billionaire Bully playbook. They turn a profit by making people like us pay the price. 

    “The fact that we are still standing here today, because of the unwavering support of people who believe in a just and green future, is proof we refuse to be bullied by corporations into silence. As this nation’s founding document first declared — governments derive their power from the consent of the governed, so in that spirit, it is time we all say: We the People, resist.”

    Contact: Madison Carter, Greenpeace USA Senior Communications Specialist, [email protected]

    Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.

    MIL OSI NGO –

  • MIL-OSI NGOs: Week 7 of “Dirty Dems” campaign sets its sights on Assembly Member Esmeralda Soria

    Source: Greenpeace Statement –

    FRESNO, CA (May 6, 2025)—As part of the ongoing “Dirty Dems” campaign, Greenpeace USA, in collaboration with the California Working Families Party and Courage California, continues to hold California State legislators accountable for their damaging connections to the oil and gas industry and their failure to support critical climate, economic justice, and progressive priorities.

    In its final week, the campaign turns to Fresno’s Assembly Member Esmeralda Soria. Though Soria has only spent just over two years in office, she has already directly accepted $53,000 from the oil and gas industry, including $29,500 in just the last session alone. 

    Amy Moas, Ph.D., Greenpeace USA Senior Climate Campaigner, said: “Assembly Member Soria’s ties to the fossil fuel industry are particularly alarming because she signed the No Fossil Fuel Money pledge while running for Congress in 2020. Her abrupt reversal to supporting toxic polluters begs the question: why is she unwilling to stand up for resilient families and a healthy future? In two short years, Soria has quickly made her priorities and true alliances known.”

    Assembly Member Soria has earned failing grades from every major environmental and progressive scorecard across the state for both years she has been in office. Some lowlights of her time as an elected official include the following: skipped voting on a bill to monitor noxious pollutants in neighborhoods that have been linked to asthma and cancer (SB 674); skipped voting on a bill to reduce toxins in everyday packaging (AB 2761); and skipped voting on a bill to protect Californians from inflated utility prices by requiring the comparison of rates to actual costs (AB 2666). 

    But Assembly Member Soria has also failed on other progressive issues, especially those related to protecting workers. In 2024, she skipped both voting on a bill to improve employment standards for janitorial labor in the state (AB 2364) and voting on a bill focused on establishing more protections against workplace violence (SB 553). While Soria has every reason to be a voice for a healthier and more resilient California, she has actively chosen corporate polluters over her communities. Thus, she has been named a “Dirty Dem.”

    Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.

    MIL OSI NGO –

  • MIL-OSI Submissions: Australia card acquiring market to hit $700 billion in 2025 as growth set to slow amid global uncertainty, says GlobalData

    Source: GlobalData

    The Australian card acquiring market is projected to grow by 5.5% to reach AUD1.1 trillion ($713.4 billion) in 2025. Despite this growth, global economic uncertainty linked to recent US tariffs may weigh on momentum, slowing the pace of expansion compared to previous years of stronger performance driven by cashless trends and consumer spending, according to GlobalData, a leading data and analytics company.

    GlobalData’s Merchant Acquiring Analytics reveals that the card acquiring value in Australia registered a growth of 7.5% in 2024, driven by the rise in consumer spending and increasing consumer preference for cashless transactions. However, the current global uncertainty because of latest US tariffs can pose a challenge for the Australia’s overall economic growth, which is expected to impact even payment industry resulting a slower growth in card acquiring value in 2025.

    Asha Lalitha, Senior Banking and Payments Analyst at GlobalData, comments: “Domestic transactions with Australian-issued cards dominate the acquiring space in the country, accounting for over 97% of the total value of acquiring transactions. Well-established card acceptance infrastructure, nearly-100% banking population, and the burgeoning e-commerce market are all contributing to this.”

    The number of POS terminals per one million inhabitants in Australia rose from 36,012 in 2020 to 40,055 in 2025. In addition to the traditional POS terminals, companies are offering POS solutions designed to target SMEs. For instance, Fiserv launched “Clover” POS solution in March 2025, especially targeting SMEs operating in the hospitality, service, and retail sectors.

    Debit cards accounted for 59% of the total domestic card acquiring value in 2024. Credit and charge cards, on the other hand, accounted for 75.3% share in the total foreign card acquiring value, supported by high usage of foreign issued credit and charge cards for purchases of goods and services in Australia both online and in-person.

    Traditional banks such as Commonwealth Bank (CommBank), Westpac, and National Australian Bank held significant share in Australia’s card acquiring space, accounting for around 60% of total acquiring value in 2024. CommBank is the leading operator in the Australian merchant acquiring market. The bank offers a wide range of POS terminals, including mobile POS terminals. In May 2023, CommBank rolled out the Smart Mini reader for small businesses, enabling them to accept all types of card payments. The terminals are equipped with features such as surcharging, tipping, and digital receipts.

    In addition to banks, non-bank financial institutions such as Tyro, Worldline, and Fiserv also have a presence in the acquiring space in the country.

    Asha concludes: “The Australian card acquiring market is projected to grow at a compound annual growth rate (CAGR) of 5%, reaching AUD1.3 trillion ($866.7 billion) by 2029. This growth is supported by strong consumer awareness of digital payments, wider merchant acceptance, and a rising preference for contactless and e-commerce transactions.”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

    MIL OSI – Submitted News –

  • MIL-OSI USA: Tale of two trains: California high-speed rail leaves Texas in the dust

    Source: US State of California 2

    May 7, 2025

    What you need to know: Despite the Trump Administration’s assaults, both California and Texas are working to build high-speed rail. But only one state has built anything: California.

    SACRAMENTO — What’s the main difference between California high-speed rail and Texas high-speed rail? California’s system is under construction; Texas’ has yet to break ground. 

    California has transitioned from vision and ideas to active construction and tangible economic benefits, while the Texas project remains a dream mostly on paper. Despite the noise from Washington, California high-speed rail is becoming real. It’s another critical project part of the Governor’s build more, faster agenda delivering infrastructure upgrades and thousands of jobs across the state.

    The facts speak for themselves — here’s the progress since 2013 for both systems:

     

    California High-Speed Rail

     

    Texas Central

     
    Route 494 miles – San Francisco to Los Angeles/Anaheim via Central Valley 240 miles – Dallas to Houston, via Brazos Valley
    Construction Status ✅ 171 miles under active development; 119 miles under active construction; 52 major structures built; extensions to Merced and Bakersfield in design ❌ Not started
    Environmental Clearance ✅ 463 of 494 miles environmentally cleared by federal and state government  Federal clearance (less comprehensive and transparent)
    Station Development ✅ Merced, Fresno, Kings/Tulare and Bakersfield in advance design. ❌ Not started
    Funding Structure ✅ Public funding (state + federal) with potential for future private investment ❌ Private, federal funding pulled
    Projected Opening  ✅ Early Operating Segment: 2030-2033 ❌ Not established
    Jobs Created ✅ 15,000+ jobs ❌ None reported
    Economic Benefits

    ✅ The project has already generated nearly $22 billion in economic output, boosting the state’s economy. The full San Francisco-Los Angeles system is estimated to support $221.8 billion in economic output once it’s in operation.

    		 ❌ No current data. The project is anticipated to generate $36 billion in economic impact over the next 25 years.
    Environmental Benefits

    ✅ Estimated to reduce California’s greenhouse gas emissions by 0.6 to 3 million MTCO2e annually – this is the equivalent of removing 142,000 to 700,000 cars off the road.

    Diverted 95% of construction waste from landfills by recycling, reusing or composting.  

    		 ❌ No current data
    Integration with Existing Transit ✅ Future connections to Caltrain, ACE, High Desert Corridor, Brightline West, Metrolink ❌ Standalone

    Press Releases, Recent News

    Recent news

    May 7, 2025

    News What you need to know: A new report details nearly $33 billion raised for climate projects and direct support for Californians funded by cap-and-trade, as Governor Gavin Newsom and legislative leaders seek an extension of the program. SACRAMENTO – Governor Gavin…

    May 7, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 4-10, 2025 as “Children’s Mental Health Awareness Week.”The text of the proclamation and a copy can be found below: PROCLAMATIONChildren’s mental health has become an…

    May 6, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Paul Henderson, of San Francisco, has been appointed to the California African American Museum Board of Directors. Henderson has been the Executive Director at the San Francisco…

    MIL OSI USA News –

  • MIL-OSI USA: State invests nearly $33 billion in cap-and-trade dollars to make communities cleaner and healthier

    Source: US State of California 2

    May 7, 2025

    What you need to know: A new report details nearly $33 billion raised for climate projects and direct support for Californians funded by cap-and-trade, as Governor Gavin Newsom and legislative leaders seek an extension of the program.

    SACRAMENTO – Governor Gavin Newsom today announced that nearly $33 billion has been raised from polluters to fund climate solutions in communities across the state with money from the state’s cap-and-trade program, according to a new report published by the California Air Resources Board (CARB).

    The annual report provides detailed information about California Climate Investments (CCI), which distributes funds generated by cap‑and‑trade to 117 climate programs across the state.

    “California is proving that cutting pollution creates jobs and boosts communities. By holding polluters accountable, we’re sending billions of dollars back to communities and back to people’s wallets through credits on utility bills. And we’ve got the receipts: healthier and cleaner communities and thousands of good paying jobs.”

    Governor Gavin Newsom

    CARB oversees CCI, which puts cap‑and‑trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health — particularly among communities and households facing greater economic and environmental challenges. 

    In 2024, cap-and-trade investments went to nearly 12,000 new projects using $1.9 billion in funding, with $1.2 billion directly benefiting communities and households. The investments are a key part of Governor Newsom’s build more, faster agenda delivering infrastructure upgrades and creating jobs across the state. 

    Since the program’s inception 11 years ago, over $18 billion in funding has been awarded, with nearly $13 billion of that having already gone to over half a million projects that are complete or in progress. Project funding already on the ground is expected to wipe out emissions equivalent to taking more than 80% of the state’s gas cars off the road for a year, with billions of dollars more in the process of being disbursed. 

    Examples of investments include:

    In addition to community investments, cap-and-trade has also delivered $15 billion in bill credits back to utility customers and is reducing carbon pollution from industry investments in cleaner, more advanced technologies directly at their emission source.

    “California is proud of how we’ve invested billions of cap-and-trade dollars across the state over the last decade,” said CARB Chair Liane Randolph. “From individual incentives for cleaner cars and water-efficient appliances, to forest health programs that help safeguard communities from wildfire, these programs provide benefits to all Californians. In addition, cap-and-trade has also delivered $15 billion in bill credits back to utility customers. It’s climate policy that pays.” 
     

    Extending the cap‑and‑trade program

    Cap-and-trade is a foundational part of California’s climate policy portfolio. To help achieve the state’s goal of net-zero carbon pollution by 2045, this program must be extended beyond the current sunset date of 2030.

    Governor Newsom recently announced that he, alongside legislative leaders Senate President pro Tempore Mike McGuire and Assembly Speaker Robert Rivas, will seek an extension of the cap‑and‑trade program during this legislative year. Extending the program in 2025 can provide the market with greater certainty, attract stable investment, further California’s climate leadership, and set the state on a clear path to achieve its 2045 carbon-neutrality goal.
     

    How cap-and-trade works

    Cap-and-trade establishes a declining limit on major sources of carbon pollution throughout California. It covers the largest polluters, including large factories, energy companies, and oil and gas suppliers – accounting for 80% of the state’s total climate emissions.

    The program creates a powerful economic incentive for polluters to invest in cleaner, more efficient technologies and energy, or continue to pay for carbon emissions they produce with the funding raised from the payments used to invest in carbon reduction projects. 
     

    California’s climate leadership

    Pollution is down and the economy is up. Greenhouse gas emissions in California are down 20% since 2000 – even as the state’s GDP increased 78% in that same time period.

    The state continues to set clean energy records. Last year, California ran on 100% clean electricity for the equivalent of 51 days – with the grid running on 100% clean energy for some period three out of every five days. Since the beginning of the Newsom Administration, battery storage is up to over 13,000 megawatts – a 1,600%+ increase.

    Press Releases, Recent News

    Recent news

    May 7, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 4-10, 2025 as “Children’s Mental Health Awareness Week.”The text of the proclamation and a copy can be found below: PROCLAMATIONChildren’s mental health has become an…

    May 6, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Paul Henderson, of San Francisco, has been appointed to the California African American Museum Board of Directors. Henderson has been the Executive Director at the San Francisco…

    May 6, 2025

    News What you need to know: The Governor attended the annual ceremony, honoring the 232 fallen CHP officers since the Department’s establishment in 1929. Sacramento, California – Today, Governor Gavin Newsom attended the California Highway Patrol Memorial Ceremony,…

    MIL OSI USA News –

  • MIL-OSI NGOs: Tunisia: Year-long arbitrary detention of human rights defenders working with refugees and migrants  

    Source: Amnesty International –

    Tunisian authorities must immediately release human rights defenders, NGO workers, and former local officials who have been held in arbitrary pre-trial detention for one year because of their legitimate support for refugees and migrants, Amnesty International said today. The ongoing crackdown, part of a broader assault on civil society in Tunisia, was fueled by escalating xenophobia and has severely disrupted crucial assistance for refugees and migrants. 

    Since May 2024, Tunisian authorities have raided at least three NGOs providing critical assistance to refugees and migrants, arresting and detaining at least eight NGO workers, as well as two former local officials who cooperated with them. They also opened criminal investigations into at least 40 other individuals in relation to legitimate NGO work to support refugees and migrants.  

    “It is deeply shocking that these human rights defenders have now spent over a year in arbitrary detention, for simply assisting refugees and migrants in precarious situations. They should have never been arrested in the first place,” said Sara Hashash, Deputy Regional Director for the Middle East and North Africa at Amnesty International.  

    The Tunisian authorities must immediately release and drop all charges against those detained solely for their human rights and humanitarian work.

    Sara Hashash, Deputy Regional Director for the Middle East and North Africa at Amnesty International.

    “This reckless crackdown on the staff of organizations operating under Tunisian law has had devastating humanitarian consequences for refugees and migrants in the country and represents a deeply harmful setback for human rights in Tunisia. The Tunisian authorities must immediately release and drop all charges against those detained solely for their human rights and humanitarian work.”  

    On 3 and 4 May 2024, Tunisian police arrested Mustapha Djemali and Abderrazak Krimi, respectively director and project manager of the Tunisian Council for Refugees (CTR), a Tunisian NGO working with the UN Refugee Agency (UNHCR) and the Tunisian authorities to pre-register asylum seekers and provide essential assistance to refugees and asylum seekers. Authorities have held them under successive pretrial detention orders for over a year now, while investigating them for “assisting the clandestine entry” of foreign nationals and “providing [them] shelter”, solely based on their work for the CTR. 

    From 7 to 13 May 2024, the police arrested Sherifa Riahi, Yadh Bousselmi and Mohamed Joo, respectively former director, director and administrative and financial director of Terre d’asile Tunisie, the Tunisian branch of French NGO France Terre d’asile.  

    Judicial authorities have held them in pretrial detention since then and are prosecuting them on charges of “sheltering individuals illegally entering or leaving the territory” and “facilitating the irregular entry, exit, movement or stay of a foreigner”, solely for providing critical assistance to refugees and migrants. When closing the investigation, the investigative judge cited a “European-backed civil society plan to promote the social and economic integration of irregular migrants into Tunisia and their permanent settlement” to support the charge.  

    On 11 May 2024, the police also arrested former deputy mayor of Sousse Imen Ouardani under the same charges, as well as the additional charge of using her position as public official “to obtain an unjustified advantage or harm the administration,” solely because of the collaboration between the municipality and Terre d’asile Tunisie.  

    Under international law, pretrial detention should only be used as an exception, to avoid undermining the presumption of innocence, and based on an individualized assessment which shows that the detention is necessary and proportionate because of a substantial risk of flight, interference with the investigation, harm to others or reiteration of the alleged offence. The Tunisian authorities have not demonstrated any of these grounds with regard to these individuals.  

    “Detaining human rights defenders criminalizes essential human rights and humanitarian work. Providing support to refugees and migrants – irrespective of their legal status – is protected under international law and should never be equated with human smuggling or trafficking,” said Sara Hashash. 

    Tunisia is party to the UN Convention on Transnational Organized Crime and its Protocols, which set out precise standards for the definition of human smuggling and trafficking, exempting legitimate human rights and humanitarian work.  

    The May 2024 crackdown took place after xenophobic and racist social media smear campaigns against several organizations including the CTR and Terre d’asile Tunisie, after the CTR published a tender for hotels to shelter asylum seekers and refugees in precarious situations, in response to a request for assistance from UNHCR and local authorities. 

    On 6 May 2024, President Kais Saied accused NGOs working on migration of being “traitors” and “[foreign] agents”, and of seeking the “settlement” of Sub-Saharan migrants in Tunisia. A day later, a public prosecutor in Tunis announced the opening of an investigation against NGOs for providing “financial support to illegal migrants”.  

    The crackdown which has involved the detention of NGO staff and freezing of NGOs’ bank accounts has triggered the suspension of vital services since May 2024, disrupting access to asylum procedures, shelter, healthcare, child protection, and legal aid. This has left potentially thousands of refugees and migrants, including unaccompanied children, in precarious and uncertain situations and at greater risk of facing human rights violations and abuse.  

    In April 2025, Tunisia’s Interior Minister, Khaled Ennouri, said that the authorities were prepared to “confront all plans to alter the demographic composition of the Tunisian population”. Such comments have contributed to an ongoing spike in racist violence against Black refugees and migrants, notably in border regions. Social media users have shared videos of themselves “tracking down [Black] Africans” and threatening violence and other abuse against them.  

    Other organizations targeted include anti-racism organization Mnemty – nine of their staff and partners have been under investigation since May 2024 for financial crimes for which the authorities have yet to provide evidence – and the children’s rights NGO Children of the Moon of Medenine. Authorities have also detained the executive director of the Association for the Promotion of the Right to Difference (ADD), Salwa Ghrissa, since 12 December 2024, pending investigation into the organization’s funding.

    Tunisian authorities must immediately cease the criminalization of human rights and humanitarian work and end the dangerous scapegoating and vilification of civil society.

    Sara Hashash, Deputy Regional Director for the Middle East and North Africa at Amnesty International.

    “Tunisian authorities must immediately cease the criminalization of human rights and humanitarian work and end the dangerous scapegoating and vilification of civil society,” said Sara Hashash. 

    Background  

    Racist and xenophobic rhetoric has been repeated by Tunisian officials and members of the parliament over the past two years, starting with racist remarks made by President Kais Saied in February 2023.  

    Since May 2024, Tunisian authorities have also continued to carry out forced evictions and unlawful collective expulsions of refugees and migrants to Libya and Algeria regularly. In early April 2025, authorities announced an “operation of dismantlement” in the eastern region of Sfax, where refugees and migrants had established makeshift camps in the past two years, after having been forcibly evicted and relocated from urban areas by the authorities.  

    The wave of arrests of May 2024 is part of a wider attack on civil society. Ahead of the 2024 October presidential elections, authorities opened investigations into NGOs I Watch and Mourakiboun in relation to their funding and prevented them from observing the elections. 

    Tunisian financial authorities have subsequently opened investigations into at least a dozen organizations over funding and activities protected under the right to freedom of association, while banks have increasingly delayed or obstructed incoming transfers of funds from abroad, demanding excessive documentation regarding the transfers, thereby impeding NGO operations. 

    MIL OSI NGO –

  • MIL-OSI Europe: Press release – Parliament encourages Kosovo and Serbia to advance their EU accession reforms

    Source: European Parliament

    Kosovo needs to accelerate its EU-related reforms and Serbia must do more to protect the rule of law and media freedom and to fight corruption, say MEPs.

    Kosovo needs to accelerate its EU-related reforms and Serbia must do more to protect the rule of law and media freedom and to fight corruption, say MEPs.

    In two reports adopted on Wednesday, MEPs assessed the progress made by Kosovo and Serbia in their efforts to join the European Union during 2023 and 2024.

    Kosovo: comprehensive reforms and inclusive governance are essential

    Kosovo has made notable strides in its electoral reforms, economic resilience, and the protection of fundamental rights, say MEPs. However, challenges remain regarding judicial reforms, media freedom, public administration efficiency, and the digitalisation of public services. Continued commitment to comprehensive reforms and inclusive governance is essential for Kosovo’s to progress on its European integration pathway, they stress.

    The Pristina-Belgrade dialogue has unfortunately not yielded the expected results, note MEPs, who ask both parties to implement the Brussels and Ohrid agreements, including the establishment of the Association/Community of Serb-Majority Municipalities, and the lifting of Serbia’s opposition to Kosovo’s membership of regional and international organisations.

    MEPs also state that Kosovo has been the target of foreign interference and disinformation campaigns, particularly from Russia and China, with the aim of destabilising the region and undermining the European integration of the Western Balkans. Parliament therefore urges the Kosovo government to reinforce its capacities to combat such threats.

    The report was adopted by 353 votes in favour, 145 against and with 78 abstentions.

    Quote

    Riho Terras (EPP, ET), rapporteur, said: “It is clear that Kosovo’s integration process needs new momentum – we need a new chapter in the talks between Pristina and Belgrade. It is extremely positive that all major parties in Kosovo are strongly in favour of EU integration. Kosovo’s future is in the European family and we will work together on the reform agenda, because any future accession must be based on merit.”

    Serbia: major hurdles to overcome

    Despite some progress in negotiations, Serbia still has major hurdles to overcome, according to MEPs. Belgrade needs to improve its internal political dialogue, protect the rule of law, and make anti-corruption reforms. It also has to work on reaching a comprehensive normalisation agreement with Kosovo, and fully align with EU foreign policy.

    Parliament calls on Serbia’s authorities to ensure the independence of key institutions, including media regulators such as the Regulatory Authority for Electronic Media. They must also implement in full all outstanding recommendations by the Organisation for Security and Cooperation in Europe’s Office for Democratic Institutions and Human Rights (OSCE/ODIHR) and the Council of Europe bodies on electoral reform, well ahead of any new elections, MEPs warn.

    MEPs demand full and transparent legal proceedings and an official investigation into the collapse of the Novi Sad train station canopy on 1 November 2024, as well as an impartial investigation into the alleged use of unlawful crowd control technology against protesters. Deploring the continuing violence against students, MEPs are also deeply concerned about the increasing political and financial pressure placed on teachers and university professors who support the students’ collective action.

    The report was adopted by 419 votes in favour, 113 against and with 88 abstentions.

    Quote

    Tonino Picula (S&D, HR), rapporteur, said: “A long political crisis, intensified by a lack of progress on fundamental criteria, such as corruption, rule of law, media freedom and electoral reform, is having a direct impact on Serbia’s progress towards EU membership. For too long Serbia has been trying to take the best of EU funds while side-lining our core values and our geopolitical orientation. The enlargement process is merit-based, and Serbia’s progress could have a positive impact on the region.”

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Türkiye’s EU accession process must remain frozen

    Source: European Parliament

    Türkiye’s geopolitical and strategic importance cannot make up for the government’s democratic backsliding, and EU membership criteria are not up for negotiation, MEPs say.

    Under current circumstances, despite the democratic and pro-European aspirations of a large part of Turkish society, Türkiye’s EU accession process cannot resume, MEPs say in a report adopted on Wednesday with 367 votes in favour, 74 against and 188 abstentions.

    The Turkish government has failed to address fundamental democratic shortcomings, the report says, pointing to the increasing shift within the EU towards “a different framework for the relationship, which might come at the expense of the accession process”. Parliament urges the Turkish government, the EU institutions and EU member states to continue working towards a closer, more dynamic and strategic partnership with particular emphasis on climate action, energy security, counter-terrorism cooperation, and regional stability.

    EU membership criteria are not up for negotiation

    MEPs are deeply concerned by the continued deterioration of democratic standards in Türkiye and by the relentless suppression of critical voices. They condemn the harsh crackdown on the recent peaceful mass protests and the prosecution of hundreds of protesters through hasty mass trials lacking any evidence of criminal wrongdoing.. MEPs also consider the attacks against Istanbul Mayor Ekrem İmamoğlu are a politically motivated move aimed at preventing a legitimate challenger from standing in the upcoming elections. With these actions the current Turkish authorities are pushing the country further towards a fully authoritarian model.

    EU membership is contingent on fulfilling specific accession criteria, such as stable institutions that guarantee democracy, the rule of law, human rights, respect for and the protection of minorities, good neighbourly relations, compliance with international law and alignment with the EU’s common foreign and security policy. These are absolute criteria, not matters subject to transactional strategic considerations or negotiations, the report says

    MEPs also condemn the recent illegal visit of President Erdogan to the occupied areas of the Republic of Cyprus and his “provocative statements” as a unilateral action and tantamount to a direct illegitimate intervention against the interests of the Greek and Turkish Cypriot communities.

    They stress that the democratic and pro-European aspirations of the majority of Turkish society, particularly among Turkish youth, are a major reason for keeping Türkiye’s accession process alive, even if frozen.

    Deeper cooperation in areas of mutual strategic interest

    MEPs acknowledge Türkiye’s strategic and geopolitical importance, and its increasing presence and influence in areas critical for international security, such as the Black Sea region, Ukraine and the Middle East. Türkiye is a strategic partner and a NATO ally. It is also a country with which the EU has close relations in security, trade, economy and migration, MEPs add. Therefore, it is important to maintain a constructive dialogue and to deepen cooperation in areas of mutual strategic interest. However, democratic backsliding and non-alignment with EU common foreign and security policy are not conducive to significant progress being made in that regard, MEPs warn.

    Quote

    The rapporteur, Nacho Sánchez Amor (S&D, ES), said: “We are constantly hearing from Turkish authorities about their supposed commitment to EU membership and how important it is for us to revive this process due to security and geopolitics, but they have got it wrong. Membership is about democracy, and the further they push towards a full authoritarian model – as observed recently with Ekrem İmamoğlu’s arrest – the further they move away from EU membership.”

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – MEPs call for bolder EU action on water resilience

    Source: European Parliament

    Parliament adopted its recommendations for the European Water Resilience Strategy, expected from the Commission before summer 2025.

    In their report, adopted with 470 votes in favour, 81 against and 92 abstentions, MEPs want an ambitious strategy for the EU to manage its water resources more efficiently and respond better to current water-related challenges. The text says water is not only essential to people’s lives and health, but also central to Europe’s economy, competitiveness, and climate adaptation efforts.

    Water efficiency targets, reducing pollution and improving disaster preparedness

    MEPs want the Commission to propose sectoral targets for water efficiency and water abstraction (taking water from a surface or underground source) based on risk assessments.

    The EU needs to do more to reduce water pollution from pharmaceuticals, chemical pesticides and fertilisers, antibiotic-resistant bacteria, microplastics and chemicals, and to phase out so-called “forever chemicals” (PFAS).

    Parliament wants climate adaptation to be integrated into sectoral plans and policy measures affecting water and land use, as well as tailored measures for regions facing unique challenges, such as the Mediterranean, island areas and outermost regions. Preparedness and crisis response mechanisms for water scarcity, drought and floods must be significantly improved, they add.

    Dedicated funding and digital innovation

    Additionally, MEPs are asking the Commission to make dedicated funding available for water resilience, supported by specific mechanisms within existing funds, to modernise water infrastructure, sustainable water management, nature-based solutions and innovative water-efficient technologies.

    They urge the Commission to invest in artificial intelligence (AI) solutions, real-time leak detection, smart irrigation, and emerging technologies that improve water efficiency. They also stress the importance of digital tools for transparent data collection, monitoring and early warning systems, as well as improving cybersecurity of critical water infrastructures.

    Quote

    Rapporteur Thomas Bajada (S&D, MT) said: “Our people – our families, farmers, and businesses – deserve clean, secure, and affordable water. That means moving from promises to real, binding action. We cannot afford to treat water as infinite. That is why this report calls for enforceable water efficiency and abstraction targets – sector by sector, basin by basin. We call for a strong EU-wide response to pollution, including the full phase-out of PFAS wherever safe alternatives exist. Because these “forever chemicals” have no place in a sustainable future. We must also invest in solutions that work: modern irrigation, smart recycling systems, real-time monitoring, and infrastructure that prevents leaks before they happen. These are not luxuries – they are the tools we need to protect our health, our food systems, and our future.”

    Next steps

    The Commission is expected to adopt the European Water Resilience Strategy before the summer, according to its 2025 work programme.

    Background

    Pollution, habitat degradation, impacts of climate change, and the over-use of freshwater resources are putting pressure on Europe’s lakes, rivers, coastal waters and groundwaters, with water stress affecting 20% of Europe’s territory and 30% of the population every year. Only 39,5% of Europe’s surface water bodies achieved good ecological status and only 26.8% achieved ‘good’ chemical status under the implementation of EU’s water legislation.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Discharge: MEPs sign off EU budget for 2023 while highlighting persistent issues

    Source: European Parliament

    In a series of votes on Wednesday, MEPs granted discharge to all but two EU bodies, approving the way they managed the EU budget in 2023.

    Plenary endorsed the budgetary management by the European Commission, responsible for more than 95% of EU expenditure, but warned that structural issues were undermining EU financial credibility and policy delivery. The decision was taken by 412 votes to 245 with 5 abstentions.

    High error rate demands corrective action

    In the resolution accompanying the discharge decision for the Commission (adopted by 443 votes to 202 and 21 abstentions), MEPs said they were seriously concerned about the 5.6% error rate in EU spending, which has risen for the third year in a row. They call on the Commission to present a clear action plan within four months to reduce errors. MEPs also demand stricter fraud detection and audit mechanisms, clearer definitions of milestones and targets, and the prevention of double funding and use of pre-existing projects for the Recovery and Resilience Facility (RRF).

    Outstanding commitments and mounting debt

    Unpaid commitments rose to a record €543 billion in 2023, more than double the EU’s annual budget. This backlog risks delayed implementation, warn MEPs, who demand more realistic budget forecasting.

    By the end of 2023, EU borrowing stood at €458.5 billion, with further increases expected. Rising interest rates and the absence of a repayment plan, MEPs say, could compromise fiscal stability and limit future EU action.

    NGO transparency and conditionality

    Parliament demands full financial transparency for NGOs and other interest representatives, and for the Commission to share the results of an internal screening of contracts with the Parliament. All entities must be registered in the EU Transparency Register and disclose their main funders. Alignment with EU values, and traceability of funds should be a prerequisite for access to institutions and funding.

    Quote

    Rapporteur for the Commission discharge Niclas Herbst (EPP, DE) said: “Billions of euros have been transferred to member states under the RRF, but Parliament and the European Court of Auditors are not sufficiently involved in their control. For example, we have asked in vain for a meaningful list of final beneficiaries. The RRF has been used to take on debt at the expense of future generations, to finance questionable national budget priorities, and repayment remains uncertain. Because of these weaknesses, the RRF must never be used as a model for future financial programmes or the EU’s next financial framework.”

    Discharge postponed for the Council and Asylum Agency

    MEPs postponed the Council’s discharge − as has been the case every year since 2009, due to a lack of cooperation with Parliament. They also postponed the discharge decision for the EU Asylum Agency, citing “very worrying conclusions” from an investigation by the European Anti-Fraud Office (OLAF), which they say put the Agency’s stability, governance, and reputation at risk. Postponed decisions are revisited later in the year, when discharge is either granted or ultimately denied.

    Vote results of all the discharge decisions will be available here.

    Background

    Through the “discharge procedure”, the European Parliament exercises democratic oversight over the budget’s implementation, holding the Commission and other EU institutions accountable for the management and disbursement of EU funds.

    Based on reports from the Commission and the European Court of Auditors (ECA), the Parliament’s Committee on Budgetary Control (CONT) reviews the financial management of the EU budget in a given financial year, considers irregularities and holds hearings with the relevant officials. Refusal of discharge can result in remedial action, stricter financial controls, or political consequences.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Parliament’s priorities for the EU’s post-2027 long-term budget

    Source: European Parliament

    Parliament’s vision and demands for the EU’s 2028-2034 budget are set out in a resolution adopted by MEPs on Wednesday.

    In the text, adopted by 317 votes in favour, 206 against and with 123 abstentions, MEPs call for a significantly more ambitious multiannual financial framework (MFF) that can deliver on EU citizens’ rising expectations amid global instability. The current spending ceiling of 1% of the EU-27’s gross national income is not enough to address the growing number of crises and challenges, MEPs say. With the US retreating from its global role, spending will have to address Russia’s war of aggression on Ukraine, a highly challenging economic and social backdrop, a competitiveness gap and the worsening climate and biodiversity crisis, they add.

    No to single national plans

    Parliament rejects the Commission’s idea of replicating the Recovery and Resilience Facility’s “one national plan per Member State” model. Instead, MEPs call for a structure that ensures transparency and parliamentary accountability, and involves regional and local authorities and all relevant actors. The resolution also reaffirms cohesion policy’s role in deepening the single market, reducing inequality, and combating poverty.

    Competitiveness and defence

    MEPs consider the proposed “competitiveness fund” – which would merge several existing programmes – to be inadequate. Instead, they call for a new, targeted fund designed to leverage private and public investments through EU-backed de-risking mechanisms. Increased defence spending is necessary, they say, but this must not undermine social and environmental spending or long-standing policies.

    Simplification, flexibility and the rule of law

    The next long-term budget must cut unnecessary red tape for beneficiaries, but must not give the Commission more leeway without Parliament’s democratic scrutiny. A simpler budget must be a more transparent budget, MEPs say.

    Flexibility in spending is also key – crisis-response capacities must be built into the budget for each policy area, with humanitarian aid ring-fenced. The next budget should include two special instruments: one for disaster relief and another for other unforeseen challenges. MEPs insist that access to funds must be tied to respect for EU values and the rule of law, and advocate a smart conditionality mechanism to avoid penalising beneficiaries for their governments’ actions.

    Debt repayment and joint borrowing

    MEPs insist that the repayment of NextGenerationEU borrowing costs must not endanger funding for key EU priorities. They call for clear separation between debt repayment and programme spending, and urge the Council to adopt new, genuine revenue sources. Joint borrowing is seen as a viable tool for addressing EU‑wide crises, such security and defence.

    Quotes

    “We want the next long-term EU budget to be better equipped to respond to today’s challenges –helping Europe act swiftly in crises, better protect its citizens, and build a stronger, more competitive Union. We also want adequate support for our long-standing priorities, such as agriculture and cohesion. We propose a responsible and justified increase in the next MFF – moving beyond the outdated 1% GNI cap. If we ask the EU to do more, we must equip it accordingly. The European Parliament will only approve a future-proof MFF that is flexible, effective, and ready for implementation by 1 January 2028. This is why we urge the Council and Commission to begin negotiations immediately after the Commission’s proposal in July,” Siegfried Mureşan (EPP, RO), co-rapporteur, said.

    “People and regions must be at the centre of the next MFF and we must ensure that the EU is equipped to respond to its citizens’ needs. We need strong investments to boost strategic autonomy, economic resilience and green goals while leaving no one behind. In addition, an ambitious budget must promote social and territorial cohesion, include new and modernised sources of revenue, and guarantee sufficient funding for security, defence and preparedness to ensure just and thriving societies, while upholding the rule of law and the EU’s core values,” said Carla Tavares (S&D, PT), co-rapporteur.

    Next steps

    Parliament’s priorities are designed to feed into the Commission’s proposal on the EU’s next long‑term budget, due to be published in July 2025.

    Background

    The multiannual financial framework (MFF) is established for a period of seven years and lays down the maximum spending ceilings for different policy areas. After having secured Parliament’s consent, granted by a majority of its component members, EU governments adopt the MFF regulation by unanimity. The EU’s current long-term budget runs out on 31 December 2027.

    MIL OSI Europe News –

  • MIL-OSI United Nations: WRRC Webinar: Enhancing National Systems for Assessing Loss and Damage

    Source: UNISDR Disaster Risk Reduction

    This webinar, a precursor to the World Resilient Recovery Conference (WRRC), aims to explore these critical practical and policy challenges in post-disaster loss and damage assessments while highlighting emerging solutions that can ensure that countries are better prepared to assess, quantify, and respond to disaster-induced losses in an increasingly risk-prone world.

    This webinar is jointly organized by the United Nations Office for Disaster Risk Reduction (UNDRR), the Government of India and the Gorvernment of the Philippines.

    Background

    In recent decades, natural hazards—including climate-induced disasters—have become increasingly frequent and severe, causing immense human and economic devastation and significantly hindering sustainable development. In 2023 alone, 399 disasters claimed over 86,000 lives, affected 93.1 million people, and caused economic losses of approximately USD 202.7 billion. 

    These alarming figures underscore the urgent necessity for robust, accurate, and timely loss and damage assessment mechanisms to facilitate effective recovery and secure timely financial support. The varied nature of risks faced by countries also underscores the importance of a whole-of-society, multi-hazard risk approach that bridges disaster risk reduction and climate change adaptation and accounts for non-economic losses. 

    However, several systemic barriers impede countries’ ability to conduct comprehensive loss and damage assessments. Methodological inconsistencies and lack of international standardization frequently lead to conflicting loss estimates. Data gaps and insufficient baseline information further complicate accurate loss evaluations. Limited technical capacities and fragmented institutional coordination exacerbate delays. Additionally, significant challenges remain in quantifying non-economic losses. 

    At the same time, emerging technologies and innovative policy approaches present promising solutions. Advanced geospatial technologies, including satellite imagery, drones, and AI-based analytics, have rapidly enhanced assessment capabilities. The establishment of the Fund for Responding to Loss and Damage (FRLD) at COP28 provides a significant opportunity for developing countries. International initiatives such as the Santiago Network or the International Recovery Platform (IRP) are also playing a critical role in strengthening national capacities. 

    Session objectives

    1. Diagnose current bottlenecks: Pinpoint the methodological, institutional and data-related challenges that delay or distort post-disaster loss-and-damage assessments.
    2. Exchange practical lessons: Share concrete experiences from recent disasters—what worked, what did not—and distil transferrable practices.
    3. Showcase emerging solutions that can close critical assessment gaps.
    4. Highlight linkages to regional and global mechanisms of support for countries.
    5. Suggest priority actions that integrate solutions, build technical capacity and institutionalise assessments.

    Speakers

    • Mr. S K Jindal, Additional Secretary, Disaster Management Division, Ministry of Home Affairs, India
    • Ms. Noralene M. Uy, Assistant Secretary for Policy, Planning and Foreign-Assisted and Special Projects, Department of Environment and Natural Resources, Government of the Philippines

    MIL OSI United Nations News –

  • MIL-OSI: BadCreditLoans Reviewed: The Top Low Credit Lending Option for Payday Loans

    Source: GlobeNewswire (MIL-OSI)

    Tacoma, May 07, 2025 (GLOBE NEWSWIRE) —

    In This Article, You’ll Discover:

    • How BadCreditLoans.com connects borrowers with payday loans for bad credit using a secure online application system
    • The most common financial pain points faced by low credit borrowers and why traditional lenders often deny them
    • What makes BadCreditLoans a top-rated low credit lending option for emergency loans and same-day funding
    • A detailed breakdown of how the platform works — from eligibility checks to AI-powered loan matching and lender approval
    • Transparent insight into loan terms, interest rates (APR), repayment options, and application timelines
    • Real customer experiences and reviews highlighting ease of use, trustworthiness, and lender access
    • How Bad Credit Loans compares to other payday loan providers in the online lending space
    • Common concerns such as loan security, legitimacy, and data protection — with risk mitigation advice
    • Full pricing details, customer service contact information, and what to expect from the lending process in 2025
    • Important disclaimers regarding loan variability, APR, and pricing changes, with reminders to consult the official website

    TL;DR Summary:

    BadCreditLoans.com has emerged as a leading online solution for consumers searching for payday loans for bad credit and emergency funding with low credit scores. This comprehensive review explores how the platform works, who qualifies, and why it’s one of the top low credit lending options in 2025. From loan matching powered by fintech to flexible repayment terms and secure applications, BadCreditLoans connects borrowers to an expansive network of lenders without requiring perfect credit.

    Whether you’re looking for same-day funding, no credit check loans, or simply want to explore fast online payday loan options, this article outlines every key detail, including eligibility requirements, pricing, and borrower protections. Customer reviews and competitive comparisons are included to help you make an informed decision.

    Disclaimer: Loan offers, terms, and interest rates may vary by lender. Always confirm final pricing and conditions on the official website, as they are subject to change without notice.

    Introduction

    Bad Credit Loans: A Trusted Lifeline for Low-Credit Borrowers

    In today’s economic climate, more individuals than ever are struggling with limited credit access. Whether it’s due to past financial hardships, job loss, or emergency expenses, the reality is that a large segment of the population finds themselves turned away by traditional lenders. That’s where platforms like BadCreditLoans.com come in — a digital service built to help consumers with poor or no credit history connect with potential lenders for payday loans and other urgent cash needs.

    This review is designed for those facing financial uncertainty and wondering:

    Where can I turn when my credit score is low, and bills can’t wait?

    Understanding the Financial Struggles of Bad Credit Borrowers

    Why Borrowers with Bad Credit Face Unique Financial Barriers

    For millions of Americans, financial emergencies don’t wait for a perfect credit score. A single late payment, job loss, medical bill, or sudden expense can significantly lower your credit score, placing you in a category traditional banks often avoid: subprime or low-credit borrowers.

    Traditional lenders typically rely on strict credit scoring models that penalize individuals for missed payments, high credit utilization, or limited credit history. As a result, consumers in need of urgent financial relief, often searching for payday loans for bad credit or emergency loans with bad credit, are denied at the moment they need help most.

    Common Pain Points for Low-Credit Borrowers

    Low-credit borrowers frequently experience a frustrating loop:

    • Loan denial from traditional banks or credit unions, even for small amounts under $1,000
    • Predatory lenders charge extremely high APRs, trapping borrowers in cycles of debt
    • Stigma around credit score requirements, which prevents access to fair options
    • Limited access to short-term funding during medical, housing, or automotive emergencies

    This creates a financial bottleneck, where options become increasingly scarce, even as the need grows more urgent.

    Who’s Affected by These Barriers?

    The challenge of accessing affordable lending doesn’t only impact those with mismanaged finances. Many borrowers seeking low credit score loans are:

    • Gig workers or freelancers with inconsistent income
    • Students or recent graduates with little to no credit history
    • Individuals recovering from past financial hardships, such as divorce or bankruptcy
    • Seniors on fixed incomes who’ve fallen behind on bills
    • Households impacted by inflation or economic downturns

    This diverse group — often labeled “credit invisibles”—may not have extensive borrowing histories, but they do have legitimate, time-sensitive financial needs.

    When Traditional Credit Fails

    When banks say “no,” borrowers are often left with two choices:

    1. Delay essential expenses, risking utilities shut offs or eviction
    2. Turn to risky payday lenders or unregulated financial services

    This is where BadCreditLoans.com stands out. The platform acts as a secure bridge between borrowers and vetted lenders, offering a mobile-first lending experience designed to provide fast approvals, even for those with poor credit histories.

    Disclaimer: Loan approval through BadCreditLoans is not guaranteed. Lending decisions are made solely by third-party lenders, and terms will vary. Always review individual lender terms before accepting an offer.

    Why a Better Option Is Needed in 2025

    With rising costs of living, stagnant wages, and increased reliance on alternative income sources, more consumers are seeking online payday loans and same-day funding options. Unfortunately, the market is also seeing a rise in fraudulent or misleading financial offers.

    Borrowers today demand:

    • Transparent terms with no hidden fees
    • Access to no-credit-check loans or soft credit inquiries
    • Fast decisions and responsive customer support
    • Financial inclusion and flexible repayment plans

    BadCreditLoans.com addresses these concerns by offering a fintech lending platform that uses AI-powered loan matching, giving low-credit borrowers a safer and smarter alternative.

    Don’t wait! Apply now on BadCreditLoans.com and get matched with lenders offering up to $10,000—even with bad credit. Fast, secure, and 100% free!

    Introducing BadCreditLoans.com: A Beacon for Low-Credit Borrowers

    What Is BadCreditLoans.com?

    BadCreditLoans.com is not a direct lender — it’s an online loan aggregator platform that connects individuals with low credit scores to a wide network of potential lenders. The company has operated since 1998 and has established itself as a trusted digital lending gateway for consumers searching for payday loans for bad credit, emergency loans, and no credit check loan options.

    Rather than applying individually to multiple lenders — which can trigger repeated hard inquiries and further damage your credit — BadCreditLoans uses a single, secure online application to match you with lenders willing to work with borrowers in your credit range.

    A Fintech-Driven Solution to Modern Lending Needs

    The platform has adapted to meet the changing landscape of digital finance. Using AI-powered loan matching technology, BadCreditLoans analyzes borrower profiles in real time to pair users with lenders that align with their needs — offeringfast approval loans and same-day funding when available.

    This mobile-first lending experience ensures borrowers can apply and receive results conveniently from their smartphone, tablet, or desktop — 24/7.

    What Makes BadCreditLoans Different?

    Here’s what separates BadCreditLoans from other platforms in the subprime lending space:

    • Broad Network Access: The platform connects borrowers with dozens of reputable lenders, offering a variety of loan products, including personal loans, installment loans, and payday loans.
    • Soft Credit Checks Only: Your credit score will not be affected by the initial application. Many lenders rely on alternative credit scoring or income verification rather than traditional FICO scores.
    • No Fees to Use the Service: BadCreditLoans.com does not charge users for applying or for loan matching.
    • Flexible Loan Options: Loan amounts typically range from $500 to $10,000, with repayment terms from 3 to 60 months, depending on the lender.

    Disclaimer: BadCreditLoans.com is not a lender. All loan decisions, APRs, repayment terms, and eligibility criteria are determined by individual lenders. Always review any loan agreement carefully before accepting.

    A Secure Online Application You Can Trust

    In a digital age filled with scams and unreliable lenders, BadCreditLoans takes security seriously. The platform uses advanced encryption protocols to protect personal and financial information during the application process.

    Borrowers can submit applications confidently, knowing their data is safeguarded and shared only with potential lending partners within the BadCreditLoans network.

    Who Can Benefit Most?

    BadCreditLoans is ideal for:

    • Borrowers with poor or limited credit history
    • Individuals seeking short-term emergency funding
    • Applicants looking for no-credit-check payday loans
    • Consumers who want fast, hassle-free loan comparisons

    In short, if you’re searching for the best loans for bad credit in 2025, BadCreditLoans provides a streamlined, secure path forward — one built for convenience, transparency, and flexibility.

    Bills piling up? Get the funds you need today. Apply at BadCreditLoans.com for quick approval—even with bad credit or no credit. Start now!

    How BadCreditLoans.com Works: A Step-by-Step Guide

    Navigating the Application Process with Ease

    BadCreditLoans.com simplifies what is traditionally a stressful and time-consuming process. By offering a digital loan onboarding experience designed specifically for low-credit borrowers, the platform removes unnecessary friction and helps applicants connect with lenders in minutes.

    Let’s walk through the entire process — from application to funding.

    Step 1 — Submit the Online Application

    The first step is filling out a secure, no-cost online form directly on BadCreditLoans.com. This includes:

    • Full legal name, address, and contact information
    • Employment and income details
    • Bank account information (for direct deposit of funds)
    • Social Security number (used to conduct a soft credit inquiry)

    Unlike traditional banks, this initial application will not harm your credit score. It is designed for borrowers searching for no-credit-check loans or those with low credit scores who need quick funding options.

    Step 2 — Receive Loan Offers from Potential Lenders

    After submitting the application, BadCreditLoans uses AI-powered loan matching to compare your information with its network of partner lenders.

    You may receive multiple offers with varying:

    • Loan amounts (typically $500 to $10,000)
    • Repayment terms (3 months to 60 months)
    • Annual Percentage Rates (APR)
    • Fee structures (origination fees, if applicable)

    Each lender has its own criteria, but most are open to working with credit invisibles, freelancers, gig workers, and others who may have difficulty qualifying through conventional channels.

    Disclaimer: Loan availability, rates, and approval outcomes vary by lender and applicant profile. Always review each lender’s terms before proceeding.

    Step 3 — Review, Accept, or Decline Offers

    One of the platform’s most empowering features is transparency. There is no obligation to accept any offer. You’re free to:

    • Compare multiple offers
    • Read loan documents carefully
    • Ask questions directly to the lender
    • Decline an offer if the terms aren’t right

    BadCreditLoans encourages users to borrow responsibly — a key differentiator from many predatory payday lenders that pressure borrowers into accepting high-APR loans.

    Step 4 — Receive Your Funds

    Upon accepting a loan offer and completing any additional verification steps (such as confirming employment or banking details), many lenders offer:

    • Same-day or next-business-day funding
    • Direct deposit into your checking account

    This is especially valuable for users facing financial emergencies — such as medical bills, utility cutoffs, or urgent home repairs — who need fast approval loans.

    Step 5 — Repayment and Support

    Loan repayment is handled directly between the borrower and the selected lender. Repayment terms are set in advance and may include:

    • Fixed monthly payments
    • Automatic withdrawals from your bank account
    • Prepayment options, often without penalties

    Be sure to confirm:

    • Exact APR and total repayment cost
    • Payment dates and amounts
    • Late fees or grace periods

    Disclaimer: Always read the full loan agreement. Not all lenders allow early repayment without penalty. Terms and conditions vary.

    Why This System Works for Low-Credit Borrowers

    This step-by-step process is designed to provide structure and peace of mind for individuals who typically feel shut out of the lending system. With a mobile-first lending interface, transparent offers, and no upfront fees, BadCreditLoans.com is built to support financial inclusion, not exploitation.

    For users searching for online payday loans, bad credit personal loans, or emergency loans without a credit check, the platform offers a fast, secure, and user-friendly alternative in 2025’s evolving lending market.

    Get same-day payday loans with no upfront fees! BadCreditLoans.com connects you to lenders fast—even if your credit isn’t perfect. Apply now!

    Eligibility Criteria and Requirements

    Understanding who qualifies for a loan through BadCreditLoans.com is essential. The platform is designed to serve individuals who have historically been underserved by traditional financial institutions, including those with bad credit, limited credit history, or unconventional income sources.

    This section outlines the basic qualifications you’ll need to meet, as well as the inclusive approach BadCreditLoans takes in helping more people gain access to emergency funds.

    Who Can Apply?

    To be eligible for a loan offer through BadCreditLoans, you must meet the following minimum requirements:

    • Be at least 18 years old and a legal resident of the United States
    • Possess a valid checking account in your name
    • Have a steady source of income (employment, self-employment, benefits, etc.)
    • Provide a working phone number and email address

    These requirements are intentionally flexible to ensure that individuals in varying financial circumstances — including part-time workers, freelancers, and those recovering from financial setbacks — have an opportunity to apply.

    Credit History Requirements

    One of the most appealing features of BadCreditLoans is its accessibility to individuals with low or no credit scores. Many of the lenders in the network accept applicants who:

    • Have a poor FICO score or no FICO score at all
    • Have past bankruptcies, delinquencies, or charge-offs
    • They are labeled as credit invisibles due to a minimal borrowing history

    The use of soft credit inquiries ensures that submitting an application will not negatively affect your credit score, a crucial feature for those already navigating credit challenges.

    Alternative Approval Metrics

    Unlike traditional banks, many lenders connected through BadCreditLoans look at a broader picture when evaluating your application. They may consider:

    • Employment stability
    • Monthly income vs. existing obligations
    • Bank account activity
    • Alternative credit scoring methods (such as rent, utility, or phone bill payments)

    This inclusive underwriting process helps more people qualify for essential funding, even without a strong credit history. It aligns with emerging trends in fintech that prioritize real-time income verification and cash flow-based decision-making over legacy credit models.

    Designed for Financial Inclusion

    BadCreditLoans supports financial inclusion by helping underserved populations access transparent, regulated lending solutions, not high-interest payday traps. It fills a crucial gap in today’s lending market, providing fast approval options for people who may not have any other viable short-term alternatives.

    If you’ve searched for terms like “low credit score loans,” “bad credit loans online,” or “no credit check payday loans,” this platform is likely one of the most accessible paths forward.

    Disclaimer: Meeting the eligibility requirements does not guarantee loan approval. All loan offers are subject to individual lender evaluation and may vary based on your profile.

    Why wait? Apply now on BadCreditLoans.com to compare real loan offers in minutes—no obligation, no credit damage. Get funded fast!

    Loan Terms, Rates, and Repayment Options

    BadCreditLoans.com doesn’t issue loans directly but facilitates access to a broad range of lending options through its network of financial partners. The terms you receive will depend on the lender, your application details, and the type of loan product you pursue. Still, the platform provides a general structure for what borrowers can expect, giving users a clearer view of their options before committing.

    Loan Amounts

    Borrowers may be eligible for loans ranging from as little as $500 up to $10,000. These amounts can serve a variety of short-term or emergency needs — from utility bills and medical expenses to car repairs and rent payments. The flexibility in loan size ensures that users aren’t forced into borrowing more than they can reasonably afford.

    Interest Rates and APR

    Annual Percentage Rates (APR) typically fall between 5.99% and 35.99%, depending on the lender and the applicant’s financial profile. Factors that affect your APR include:

    • Type of loan selected (e.g., installment vs. payday)
    • Your verified income and monthly obligations
    • Repayment duration
    • Risk assessment performed by the lender

    While these rates are higher than those offered to borrowers with excellent credit, they are often more competitive and transparent than traditional payday loan storefronts.

    Disclaimer: APR ranges are determined by the individual lender and not BadCreditLoans.com. Your final APR will vary based on lender evaluation. Always review your loan offer carefully before accepting.

    Repayment Terms

    Repayment windows generally range from 3 months to 60 months. Short-term loans may require lump-sum repayment within a few weeks, while installment loans offer the convenience of scheduled monthly payments over a longer period.

    Some lenders may offer early payoff options without penalties, giving borrowers a chance to reduce interest by paying ahead of schedule.

    If you’re applying for a small loan to cover urgent costs, many users find repayment periods of 6 to 12 months to be a manageable middle ground, balancing affordability with speed.

    Transparency and Disclosures

    BadCreditLoans.com emphasizes lender transparency. Borrowers will be presented with:

    • Clear breakdowns of loan terms
    • Disclosure of fees, if applicable
    • Exact monthly payment obligations
    • Total repayment amount (including interest)

    There are no application or platform fees charged by BadCreditLoans. However, lenders may include origination fees, late payment penalties, or other costs in their individual agreements.

    Disclaimer: Loan fees, repayment flexibility, and total interest vary by lender. Be sure to read all terms before signing. Prepayment penalties may apply in some cases — always ask your lender directly if you’re unsure.

    Payment Collection Methods

    Most lenders automate repayment through scheduled bank account withdrawals. You’ll need to ensure sufficient funds are available on your agreed-upon payment dates to avoid overdraft fees or late penalties.

    In some cases, lenders offer web-based portals or mobile app support for tracking your repayment progress, updating payment information, or requesting due date changes.

    Who do These Loan Terms Benefit Most

    Borrowers looking for:

    • Flexibility in repayment schedules
    • Fast access to cash without extensive paperwork
    • Loans that don’t penalize poor credit history
    • A transparent agreement with no hidden clauses

    … will likely find these lending structures supportive and adaptive to real-life situations.

    For those seeking “bad credit loans online,” “emergency loans with bad credit,” or “fast approval loans” — this section of the process is where peace of mind starts.

    Disclaimer on Pricing: Loan costs, interest rates, and fees are determined by individual lenders. Pricing is subject to change at any time. Always check the official BadCreditLoans.com website or your lender’s site for the most up-to-date pricing and terms.

    Bad credit won’t hold you back! Submit your free BadCreditLoans.com application now and access emergency loans with flexible terms today!

    Comparing BadCreditLoans.com to Other Lending Platforms

    Borrowers exploring online lending options for bad credit quickly find that not all services deliver the same value. Some platforms are limited in scope, while others may impose hidden fees or fail to prioritize consumer protection. This section outlines how BadCreditLoans.com stands apart from competing services in the low-credit lending space.

    A Broader Network for More Loan Offers

    Unlike many payday loan sites that connect users to just one lender, BadCreditLoans.com gives applicants access to a network of vetted financial providers. This increases the chances of receiving multiple offers, helping users compare loan amounts, APRs, and terms. Borrowers seeking “best loans for bad credit” or “emergency loans with bad credit” benefit from this flexible structure.

    Zero Application Fees

    Many platforms charge upfront service or processing fees, especially those targeting low-credit borrowers. BadCreditLoans.com, in contrast, offers:

    • A free, no-obligation loan request process
    • No hidden fees for using the service
    • Full transparency during the loan-matching stage

    This fee-free approach makes it ideal for those already navigating tight budgets or financial emergencies.

    Credit-Sensitive Approval Model

    While some lenders require a hard credit pull upfront, BadCreditLoans uses a soft credit inquiry during the application process. This means:

    • No impact on your credit score
    • Broader lender participation for those with credit challenges
    • Increased chances of loan approval for credit invisibles or subprime borrowers

    Consumers who’ve faced multiple denials from banks or credit unions often find their first path forward here.

    Transparency and Borrower Control

    The platform gives users the ability to review, decline, or accept any offer without pressure. Each loan offer includes:

    • Clear repayment terms
    • Transparent APR breakdowns
    • Fee disclosures are where applicable
    • Direct access to the lender for further questions

    Borrowers researching “no credit check payday loans” or “safe online lending for bad credit” will appreciate this open, user-centric approach.

    Security and Trust

    BadCreditLoans employs advanced encryption to protect personal data. This is a major differentiator in a space where many digital loan platforms fall short on privacy practices. Data is only shared with verified lending partners, and the application is protected by secure protocols.

    Summary of Key Differentiators

    • BadCreditLoans.com only performs soft credit inquiries
    • Applicants receive multiple loan offers rather than being limited to a single lender
    • No platform fees or application charges are required to use the service
    • Loan terms are flexible and often include longer repayment windows
    • All disclosures and terms are provided upfront to encourage informed decisions
    • Data privacy and security protocols meet industry standards

    These features work together to create a platform that aligns with the needs of borrowers searching for “online payday loans for bad credit” and “fast approval loans with no hidden fees.”

    Disclaimer: Terms, availability, and borrower outcomes vary by lender. Always read individual loan offers carefully and verify details directly with the lender before proceeding.

    Strapped for cash? Apply at BadCreditLoans.com and see real offers in minutes. No fees, no pressure—just fast loan options made for you.

    Customer Testimonials and Reviews

    When evaluating any financial service, especially one tailored to individuals with bad credit, real user feedback is one of the most valuable sources of insight. While platform features and lender terms are important, the true test of a lending service’s effectiveness is how it performs in the real world for people in financial distress.

    BadCreditLoans.com has garnered a solid reputation over the years, largely because of its consistent delivery of fast, accessible, and transparent loan-matching services. This section captures what users are saying and why these experiences matter for those considering using the platform.

    What Customers Are Saying

    Many borrowers turn to BadCreditLoans after facing rejection from traditional banks. For these individuals, being matched with a lender who’s willing to work with a poor credit history is not just helpful — it’s essential.

    Users commonly report:

    • Quick and easy online application process
    • No unnecessary paperwork or hidden terms
    • Fast loan offers, sometimes within minutes
    • Same-day or next-day funding, depending on lender approval
    • Appreciation for being treated with respect despite a low credit score

    These first-hand accounts reveal a recurring theme: borrowers feel they’ve been given a second chance to stabilize their finances. For people who are used to being penalized for past mistakes, that access alone can be life-changing.

    Positive Experiences in Key Areas

    Beyond approval and funding speed, users consistently highlight the following:

    • The ability to compare multiple lenders without pressure to commit
    • Transparent breakdowns of repayment terms and total loan costs
    • No hard credit check required for initial loan inquiries
    • Helpful support when contacting customer service with questions

    This transparency and optionality stand in contrast to many “instant approval” payday loan sites that often steer applicants into rigid or expensive repayment structures without clarity.

    Constructive Criticism and Realistic Expectations

    While the platform has helped many, it’s important to mention that no lending service is without criticism. Some reviewers mention:

    • Higher interest rates from certain lenders
    • Confusion about repayment scheduling
    • Desire for more frequent lender updates after approval

    Most of these critiques are directed at the third-party lenders within the network, not BadCreditLoans itself. This highlights an important point: once a loan offer is accepted, the borrower’s relationship is with the individual lender, not the BadCreditLoans platform.

    Disclaimer: Loan experiences vary by borrower. All terms, communication, and funding schedules are set by third-party lenders. Always ask for clarification on repayment dates and APR prior to signing.

    Reputation in the Online Lending Industry

    BadCreditLoans is frequently listed among the top loan matching platforms for bad credit borrowers, especially those seeking payday loan alternatives. Its long-standing operation, transparent application flow, and no-fee structure continue to position it as a competitive and trustworthy option in the market.

    Borrowers who search for “trusted payday loan options in 2025” or “customer-reviewed bad credit loans” will likely encounter BadCreditLoans as a top result, and with good reason.

    Don’t let bad credit stop you. Get approved for payday loans today at BadCreditLoans.com. Fast, trusted, and secure. Apply now before it’s too late!

    Addressing Potential Concerns and Risks

    Borrowing money with a bad credit score can be intimidating — and with good reason. The lending industry is filled with providers who offer fast cash but bury harmful terms in the fine print. For borrowers seeking urgent funds, it’s easy to overlook the long-term impact of loan agreements made under pressure.

    BadCreditLoans.com is structured to reduce that risk. Still, it’s important to address the most common concerns borrowers have and explain how the platform helps mitigate them.

    Is BadCreditLoans a Scam?

    One of the most frequently asked questions from first-time users is whether BadCreditLoans is legitimate. The answer is yes — the platform has been operating since 1998 and functions as a loan matching service, not a lender.

    • It does not charge you to apply
    • It does not collect payment information for fees
    • It does not require loan acceptance to use the platform

    BadCreditLoans.com connects borrowers with lenders in a transparent, no-pressure environment and protects user information through secure encryption. For those searching “is BadCreditLoans legit or a scam,” this clarity is critical.

    Data Privacy and Security

    When entering personal financial details online, privacy is always a concern. BadCreditLoans uses industry-standard encryption and security protocols to ensure your application data is protected. Your information is shared only with the lenders considering your request.

    This is a major safeguard, especially compared to unregulated sites that may sell your data to marketing companies or unrelated third parties.

    APR and Repayment Risks

    Loan agreements provided by BadCreditLoans’ network of lenders can include a wide range of APRs — some exceeding 30%, depending on the applicant’s risk profile and loan type. While these are clearly disclosed during the offer stage, borrowers must remain cautious.

    Before accepting any offer:

    • Review the total cost of repayment
    • Understand the payment schedule and due dates
    • Confirm whether early repayment penalties apply
    • Contact the lender directly with any questions

    Disclaimer: APRs and fees vary by lender. Always read loan terms carefully. Declining a loan offer will not impact your ability to use the platform again.

    What Happens if You Miss a Payment?

    Missing a payment with any lender can result in late fees, additional interest charges, and possible credit reporting. Most lenders in the BadCreditLoans network offer automated withdrawals and email reminders, but it’s still your responsibility to ensure payments are made on time.

    If you foresee a problem:

    • Contact your lender in advance
    • Request a payment extension or an alternate plan if available
    • Avoid default by staying ahead of any upcoming issues

    This level of borrower control is another reason BadCreditLoans is often preferred over brick-and-mortar payday loan stores, where flexible repayment terms are rare.

    Recognizing Responsible Borrowing Practices

    BadCreditLoans emphasizes responsible borrowing through:

    • Transparent disclosures
    • Soft credit checks that don’t hurt your score
    • No-pressure comparisons between offers
    • No obligation to accept any loan

    These features give borrowers time to make informed decisions and avoid falling into a long-term cycle of high-interest debt.

    Bottom Line on Risk

    Any financial agreement comes with potential downsides. But for consumers seeking payday loans for bad credit or emergency cash options in 2025, BadCreditLoans offers a safer and more transparent alternative to many of the predatory lenders in the market.

    Disclaimer: Not all loan outcomes are ideal for every borrower. If you are unsure about a loan’s terms or repayment structure, consult a financial professional before signing.

    Pricing, Fees, and Contact Information

    When considering any financial product — especially in the subprime lending space — it’s critical to understand the full cost. One of the most valuable features of BadCreditLoans.com is its commitment to transparency: there are no hidden charges for using the platform, and all lender-provided fees are disclosed upfront before any agreement is made.

    Cost to Use the Platform

    There is no fee to submit a loan request through BadCreditLoans.com. You can:

    • Fill out the application for free
    • Receive multiple loan offers with no obligation to accept
    • Compare terms and rates from different lenders at no cost

    This distinguishes the platform from services that charge application or matching fees, often without improving the borrower’s outcomes.

    Possible Lender Fees

    Although the platform itself is free to use, individual lenders within the network may include:

    • Origination fees
    • Late payment penalties
    • Prepayment fees (less common, but possible)
    • Returned payment fees (e.g., due to insufficient funds)

    Lenders are required to disclose all costs, including the APR, total loan repayment amount, and fee structures, before you accept any offer. Reading this information thoroughly is essential to borrowing responsibly.

    Disclaimer: All loan fees and pricing are set by the individual lender, not BadCreditLoans.com. Always review the official loan agreement before accepting. Declining an offer does not cost anything.

    APR Ranges and Total Cost

    APR — or Annual Percentage Rate — is one of the most important numbers to consider. While rates vary, they typically range between 5.99% and 35.99%, depending on your income, credit profile, and loan amount.

    A higher APR means a higher cost of borrowing over time. However, lenders offering short-term payday loans for bad credit may still fall within this range, especially when compared to in-person payday storefronts, where APRs can exceed 400%.

    Disclaimer on Pricing: The lender provides all APRs, fees, and repayment terms. Pricing is subject to change at any time. Please refer to the official website or the individual lender’s page for the most accurate and current details.

    Transparency and Borrower Confidence

    Bad Credit Loans does not attempt to upsell, pressure, or manipulate users into accepting offers. You remain fully in control, and the platform’s fee-free approach makes it accessible to anyone seeking a secure and affordable way to explore bad credit loan options.

    For those researching “payday loans for bad credit” or “trusted bad credit loan providers,” knowing exactly what you’ll pay — and who to contact if you need help — is essential to making informed financial decisions.

    Facing a financial emergency? Apply at BadCreditLoans.com now and unlock low-credit payday loans with no risk to your score. It’s free to try!

    Is BadCreditLoans.com the Right Choice for You?

    Not every lending platform suits every borrower, but for those facing credit challenges, limited options, or urgent financial needs, BadCreditLoans.com is positioned as a strong contender in the online lending space. This section helps you evaluate whether the platform aligns with your situation, financial goals, and borrowing preferences.

    Who Benefits Most from This Platform?

    BadCreditLoans.com is ideal for individuals who:

    • Have a low credit score or limited credit history
    • Need access to emergency funding for bills, repairs, or medical expenses
    • Want to avoid predatory payday lenders or high-interest cash advance storefronts
    • Are you looking for no-pressure, no-fee online lending options
    • Prefer soft credit checks and the ability to compare multiple offers without commitment

    If you’ve been searching for “online payday loans for bad credit,” “fast approval loans with no credit check,” or “trusted lenders for low credit borrowers,” this platform is built with your profile in mind.

    Key Advantages That Set It Apart

    • No upfront fees or hidden platform costs
    • Secure online application with soft credit inquiries
    • Multiple lender offers based on real-time matching
    • Loan amounts from $500 to $10,000 with repayment terms from 3 to 60 months
    • Same-day or next-business-day funding in many cases
    • Support for financial inclusion, including those labeled as “credit invisibles”

    These features work together to provide access, transparency, and a higher degree of borrower control compared to traditional payday loan services.

    Important Considerations Before Applying

    While the platform is designed to simplify the lending process, you should still approach every loan decision with care:

    • Always review each lender’s terms, including APR, fees, and payment schedule
    • Make sure you can meet the monthly payment obligations
    • Only borrow what you need and can realistically repay within the loan window
    • Use the platform’s flexibility to compare offers, not commit to the first one you receive

    Borrowers who rush through this stage often overlook repayment costs or potential penalties, leading to unnecessary financial strain later on.

    Disclaimer: Loan terms, interest rates, and funding timelines are determined by individual lenders. Approval is not guaranteed. Always verify loan details directly with the lender before signing.

    Final Verdict

    BadCreditLoans.com provides a streamlined, secure, and user-focused way to explore financing when traditional options are unavailable. It empowers users to compare offers, maintain control over their decisions, and connect with lenders who understand the realities of bad credit borrowing.

    If you’re facing urgent financial pressure, need a low-credit loan, and want a platform that prioritizes transparency and trust, BadCreditLoans.com offers a compelling path forward.

    Need cash now? Get up to $10,000 even with bad credit. Apply free at BadCreditLoans.com and get lender offers in minutes. No credit harm. Start now!

    Frequently Asked Questions (FAQ)

    What is BadCreditLoans.com and how does it work?

    BadCreditLoans.com is an online loan matching platform that connects individuals with low credit scores to lenders offering payday loans, installment loans, and other short-term financial solutions. Instead of acting as a lender itself, it securely gathers your application information, performs a soft credit inquiry, and uses AI-powered loan matching to present you with offers from vetted lenders — all within minutes.

    Can I get a payday loan with bad credit?

    Yes. One of the key benefits of using Bad Credit Loans is its focus on helping individuals find payday loans for bad credit. Many lenders in the network specialize in working with borrowers who have low or no credit scores, offering flexible terms and approval based on income and other factors.

    Will using BadCreditLoans.com hurt my credit score?

    No. The platform only uses soft credit checks during the application process, which do not impact your credit score. However, if you choose to accept a loan offer, the lender may conduct a hard inquiry prior to finalizing approval.

    Are no credit check loans really available through BadCreditLoans?

    Some lenders in the BadCreditLoans network offer no credit check loans or rely on alternative credit evaluation methods such as income verification, employment history, and banking activity. While not all lenders skip traditional checks, borrowers searching for “no credit check payday loans” will find many accessible options here.

    How much money can I borrow?

    Loan amounts typically range from $500 to $10,000. The exact amount you’re eligible for depends on your application profile, income level, repayment ability, and the lender’s policies. Whether you need a small cash advance or a larger emergency loan, the platform can match you accordingly.

    How fast can I receive the funds?

    Many borrowers receive funds within one business day after accepting a loan offer. Some lenders may offer same-day deposit, especially for smaller amounts. This makes BadCreditLoans a useful option for emergency loans with bad credit when time is critical.

    Disclaimer: Funding timelines vary by lender and application completeness. Always confirm expected deposit dates directly with your lender.

    What are the interest rates and repayment terms?

    Annual Percentage Rates (APR) vary between 5.99% and 35.99%, depending on the lender and your financial profile. Repayment terms generally range from 3 to 60 months. Every loan offer includes detailed disclosures regarding the total repayment amount, monthly payments, and fees.

    Disclaimer: APRs and repayment terms are determined by individual lenders. Always review the full loan agreement before signing.

    Can I repay my loan early?

    Many lenders allow early repayment without penalty, potentially saving you money on interest. Always check your specific loan agreement or contact your lender to confirm prepayment terms.

    What if I miss a payment?

    Missing a payment can result in late fees and negatively impact your credit if the lender reports it. If you anticipate difficulty making a payment, contact your lender immediately. Some lenders may offer payment extensions or restructuring options.

    Is BadCreditLoans.com safe to use?

    Yes. The platform uses secure encryption protocols to protect your personal and financial data. Your information is shared only with lenders who are evaluating your loan request — never with unrelated third parties.

    Who should use BadCreditLoans?

    This platform is best suited for:

    • Individuals seeking low credit score loans
    • Borrowers needing emergency funds with fast approval
    • Consumers looking for payday loan alternatives with more flexible repayment options
    • Applicants who want to compare multiple lenders through one secure online application

    Is there a fee to use BadCreditLoans.com?

    No. The platform is completely free to use. You can apply, compare loan offers, and decline offers without paying any fees to BadCreditLoans.com. However, lenders may include fees in their offers, such as origination charges or late penalties.

    Low credit? No problem. Apply now at BadCreditLoans.com and get matched with lenders offering fast loans and flexible repayment. Start today!

    • Company: BadCreditLoans
    • Email: support@badcreditloans.com
    • Phone Support: 800-245-5626

    Legal Disclaimer and Affiliate Disclosure

    The information provided in this article is for general informational and educational purposes only and does not constitute financial, legal, or professional advice. Every effort has been made to ensure the accuracy, reliability, and timeliness of the content at the time of publication; however, no representations or warranties are made regarding the completeness, accuracy, or applicability of the information, including but not limited to any inadvertent errors, typographical mistakes, or outdated data. Neither the publisher, the authors, the content providers, nor any syndication partners shall be held liable for any direct, indirect, incidental, consequential, or punitive damages arising from the use, reliance upon, or interpretation of the information contained herein.

    The content does not guarantee loan approval, funding timelines, credit outcomes, or financial results. Readers are strongly encouraged to independently verify all information, consult directly with lenders or financial institutions, and seek advice from licensed professionals before making any financial decisions.

    The purpose of this website and its content is to connect potential borrowers with lenders and financial service providers who advertise on this website. The operator of this website is not a lender, broker, or financial institution, and does not make credit decisions or issue loans. This website solely collects information from consumers and transmits it to lenders and third-party providers who may offer loan products that match the consumer’s needs. For consumers who do not qualify for a personal loan, alternative lenders and providers may be recommended.

    This website shall not be construed as an offer or solicitation for a loan. There is no guarantee that a loan application will be approved or that an offer will be extended. The operator of this website does not charge consumers for the service provided and is not an agent or representative of any lender or third-party provider. The operator is compensated by lenders and third-party providers for advertising and marketing services. The time required to receive funds will vary by lender and may also depend on the policies of the borrower’s financial institution. Some lenders may require additional documentation, including faxed materials, before approving or funding a loan.

    This service and the associated lenders or third-party providers may not be available in all states. Availability of loan products is subject to change without notice and may be restricted by applicable laws or lender requirements. Consumers are advised to contact lenders directly with any questions regarding loan terms, conditions, fees, repayment schedules, or other specific details of any loan offer.

    Personal loans and other types of loans accessible through this platform should not be viewed as long-term financial solutions. They are intended to provide short-term financial assistance for immediate needs. Lenders and third-party providers may perform credit checks with one or more credit reporting agencies, which may affect a borrower’s credit score. By submitting a loan request, consumers authorize participating lenders and third-party providers to independently verify submitted information and evaluate creditworthiness. Failure to repay a loan may result in collection efforts, and lenders may report delinquent payment history to credit bureaus, potentially impacting future lending decisions.

    Nothing contained on this website or in this article shall constitute an offer or solicitation for a loan.

    Residents of certain U.S. states may not qualify for a loan due to lender-specific requirements or restrictions. Submission of a loan request form does not guarantee that a lender will offer a loan product or that an offer will be provided with rates or terms satisfactory to the borrower.

    Affiliate Disclosure: This article may contain affiliate links. If a reader clicks on such a link and completes a loan application or transaction, the publisher or associated parties may receive a commission or referral fee at no additional cost to the consumer. Any such affiliate relationship has no impact on the editorial integrity, research process, or opinions expressed in the article. The presence of affiliate links is disclosed in compliance with the Federal Trade Commission’s guidelines for endorsements and testimonials.

    All parties involved in the creation, publication, distribution, and syndication of this article shall be held harmless from any and all claims, damages, liabilities, or legal actions resulting from the use, reliance, or interpretation of the information provided. No warranties of any kind, express or implied, are made regarding the quality, accuracy, or completeness of the information or the services referenced.

    Readers accept full responsibility for evaluating and utilizing any product, service, or loan offer mentioned herein. All terms, conditions, availability, and loan details are subject to change at any time without notice. For the most current information, consumers should refer directly to the official website of the lending platform or individual lenders.

    The MIL Network –

  • MIL-OSI Asia-Pac: Union Minister G. Kishan Reddy Launch Website and Stakeholders’ Portal to Strengthen Non-Ferrous Metal Recycling Ecosystem

    Source: Government of India

    Posted On: 07 MAY 2025 5:56PM by PIB Delhi

    Union Minister of Coal and Mines,Shri. G Kishan Reddy today launched a dedicated Non-Ferrous Metal Recycling Website and Stakeholders’ Portal – https://nfmrecycling.jnarddc.gov.in – in the presence of the Minister of State for Coal and Mines, Shri Satish Chandra Dubey and senior officials from the Ministry of Mines and JNARDDC. The initiative aims to promote a structured, transparent, and sustainable recycling ecosystem in India.

    Developed under the implementation guidelines of the National Non-Ferrous Metal Scrap Recycling Framework, the platform is designed to bring together key stakeholders, improve data visibility, and support evidence-based policymaking in the recycling of aluminium, copper, lead, zinc, and critical elements.

    Speaking at the launch, Union Minister Shri G. Kishan Reddy said, “India is committed to building a circular economy that optimally utilises its resources. This portal will not only provide real-time visibility into the recycling landscape but also empower all stakeholders to make informed decisions, bridge gaps, and unlock the full potential of our non-ferrous metal sector.”

    The Minister of State Shri Satish Chandra Dubey lauded the initiative, stating that “this portal is a much-needed step in strengthening the recycling value chain and enhancing industry participation through transparency and data-driven policy support.”

    The website will act as a national hub for information dissemination, awareness generation, and engagement with recyclers, dismantlers, aggregators, industry associations, and research institutions. It highlights government initiatives, provides updates on stakeholder meetings and policy developments, and offers access to national statistics, standards, and infrastructure-related achievements.

    The integrated portal also enables registration of industry participants and collection of crucial data on raw material consumption, recycling capacity, technology usage, and workforce trends—supporting future interventions in R&D, infrastructure development, and skill enhancement.

    Key Features Include:

    • National registry for dismantlers, recyclers, traders, and collection centres
    • Tools to track raw material flows, product types, technology adoption, and workforce data
    • Performance benchmarking mechanisms
    • Identification of regional and sectoral infrastructure and skill gaps
    • Support for development of standards, certification systems, and awareness campaigns

    This initiative marks a major step toward strengthening India’s non-ferrous metal recycling ecosystem and aligns with the national vision of circular economy, sustainability, and resource efficiency.

    ****

    Shuhaib T

    (Release ID: 2127564) Visitor Counter : 53

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Department of Economic Affairs, Ministry of Finance, invites suggestions from experts/public on Draft Framework of ‘India’s Climate Finance Taxonomy by 25th June 2025

    Source: Government of India

    Department of Economic Affairs, Ministry of Finance, invites suggestions from experts/public on Draft Framework of ‘India’s Climate Finance Taxonomy by 25th June 2025

    India’s climate finance taxonomy will facilitate greater resource flow to climate-friendly technologies and activities, enabling India to achieve the vision of being Net Zero by 2070 while ensuring long-term access to reliable and affordable energy

    Posted On: 07 MAY 2025 5:53PM by PIB Delhi

    In pursuance of the Union Budget 2024-25 announcement (Paragraph 104 of the budget speech) to develop India’s Climate Finance Taxonomy, the Department of Economic Affairs, Ministry of Finance, invites expert/public comments (format below) on the Draft framework. (CLICK HERE TO ACCESS — DRAFT FRAMEWORK OF INDIA’S CLIMATE FINANCE TAXONOMY)

    The Union Minister for Finance and Corporate Affairs announced in the Union Budget 2025-26:

    “We will develop a taxonomy for climate finance for enhancing the availability of capital for climate adaptation and mitigation. This will support achievement of the country’s climate commitments and green transition”

    A Draft Framework of the Climate Finance Taxonomy has been developed pursuant to this announcement. This framework outlines the approach, objectives, and principles that will guide the taxonomy. It also details the methodology for classifying activities, projects, and measures that contribute to India’s climate commitments, while also taking into account goals associated with achieving Viksit Bharat by 2047.

    The draft framework will be the basis for developing sectoral annexures. The sectoral annexes will outline the measures, activities, and projects considered climate-supportive, and those identified for promoting the transition.

    India’s climate finance taxonomy aims to facilitate greater resource flow to climate-friendly technologies and activities, enabling the country to achieve the vision of being Net Zero by 2070 while also ensuring long-term access to reliable and affordable energy. The Climate Finance Taxonomy will serve as a tool to identify activities consistent with a country’s climate action goals and transition pathway.

    Comments may be emailed to aditi.pathak[at]gov[dot]in by 25th June 2025 with the Subject “Comments on the Draft Framework for the Taxonomy”.

    The comments received through public consultation will be duly considered and examined, following which the Department of Economic Affairs, Ministry of Finance, will release the Framework of India’s Climate Finance Taxonomy.

    Format in which the information/comments may be provided:

    Name of organisation/person:

     

    Contact details:

     

    Category/Description of person giving comments:

    S. No.

    Para / Sub Para no

    Comments

    Rationale

     

     

     

     

     

     

     

     

     

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    NB/KMN

    (Release ID: 2127562) Visitor Counter : 78

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: SFST’s speech at Fondation de France Asia second edition of signature’s Night for Philanthropy (English only)

    Source: Hong Kong Government special administrative region

         Following is the speech by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, at the Fondation de France Asia second edition of signature’s Night for Philanthropy today (May 7):
     
    Deputy Consul General Hubin (Deputy Consul-General of France, Mr Benjamin Hubin), Mrs Axelle Davezac (Chief Executive Officer of the Fondation de France), Dr Andrew Yuen (Ambassador of the Fondation de France Asia), distinguished guests, ladies and gentlemen,
     
         Good evening. I am most delighted to join you at tonight’s Night for Philanthropy, and my thanks to the Fondation de France Asia (Foundation) for your kind invitation so that I can share the joy and great spirit of this meaningful and exceptional event.
     
         Further to our celebration of the Foundation’s establishment in Hong Kong in July last year, I am sure we are all excited to gather again tonight to rejoice the stronger ties between France and Hong Kong, under the banner of the common good, while enjoying the wonderful arts, culture, food and wine on this beautiful occasion.
     
         Hong Kong itself has a deep tradition of philanthropy. About 10 600 charities in Hong Kong have contributed tremendously towards building and enhancing our social fabric, ranging from our schools, hospitals to elderly homes and welfare facilities. In financial year 2023-2024, approved charitable donations from business donors stood at about HK$4.8 billion; while for individual donors, approved charitable donations amounted to about HK$7.4 billion.
     
         It is our vision to develop Hong Kong into a philanthropic centre for global family offices and philanthropists to deploy charitable capital benefiting Hong Kong, the Mainland and the overseas. This vision is not just aspirational, but is indeed deeply rooted in Hong Kong’s unique strengths: our strategic location and unique proximity to China; robust legal framework and adherence to the rule of law; as well as a vibrant financial ecosystem with a strong banking system, extensive capital markets, and availability of professional services and talents. These altogether help make Hong Kong an ideal platform for philanthropic endeavours. But beyond these tangible assets, I believe Hong Kong’s true potential lies in the people here in the city – your compassion, entrepreneurial spirit, and commitment to building a better society.
     
         The Foundation, with its dedication to creating tailored projects for donors interested in supporting cross-border philanthropic initiatives, has certainly been a catalyst for positive change in Hong Kong. I am delighted to learn that the Foundation has supported five meaningful projects in the areas of education, heritage and music, four of which will be further explained later this evening. Furthermore, the Foundation has also been a strategic partner in Hong Kong’s philanthropic initiative Impact Link, or iLink in short, which is being championed by the Hong Kong Academy for Wealth Legacy.
     
         The iLink is an excellent example of public-private philanthropy partnerships, whereby private foundations as strategic partners are brought together by the HKSAR (Hong Kong Special Administrative Region) Government in pursuit of the common good. It also serves as a platform for nurturing the next generation of philanthropists and fostering meaningful collaborations that drive social change.
     
         With the unfailing support from the Foundation and other strategic partners, capacity-building seminars and workshops under iLink have helped families initiate their first steps towards philanthropy and allowed them to acquire best practices from leading philanthropy organisations. Looking ahead, the iLink’s depository platform will be launched this year, which will provide a dedicated platform for invited family philanthropists to discover scalable initiatives that address critical challenges in Hong Kong and beyond. Strategic partners, family partners and projects nominated, including those nominated by the Foundation, will be displayed on the platform. We would continue to count on the thought leadership of the Foundation in promoting the exceptional qualities of Hong Kong in supporting philanthropic causes.
     
         In closing, may I commend Fondation de France Asia again for your contribution to Hong Kong. I wish the Foundation enormous success in all its endeavours, whether in Hong Kong, Asia or other parts of the world. For everyone here, may I wish you good health and joyful donation. Thank you very much.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: LCQ12: Support for small and medium-sized law firms and young barristers

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Maggie Chan and a written reply by the Secretary for Justice, Mr Paul Lam, SC, in the Legislative Council today (May 7):
     
    Question:
     
         There are views that, as Hong Kong is the centre for international legal and dispute resolution services in the Asia-Pacific region and where the International Organization for Mediation is located, the development of the legal profession is crucial to enhancing Hong Kong’s business environment governed by the rule of law and giving full play to the unique advantages of Hong Kong’s common law. It is learnt that small and medium-sized law firms and young barristers in Hong Kong face many challenges in terms of market competition, resource allocation and professional development. Regarding the support for small and medium-sized law firms and young barristers, will the Government inform this Council:
     
    (1) whether it has currently formulated specific policies or measures to assist the professional development of small and medium-sized law firms and young barristers; if so, of the details; if not, the reasons for that;
     
    (2) whether it has assessed the effectiveness of the policies or measures mentioned in (1); if it has assessed, whether there are statistics or examples showing that such policies or measures have effectively enhanced the quality and competitiveness of the professional legal services provided by small and medium-sized law firms; and the number of small and medium-sized law firms and young barristers that have benefited so far; if it has not assessed, of the reasons for that;
     
    (3) whether it has assessed the response of the legal profession to the policies or measures mentioned in (1); what specific measures will the Government implement in the future to further support the professional development and enhance the competitiveness of small and medium-sized law firms and young barristers; and
     
    (4) whether it has formulated key performance indicators for supporting the professional development and enhancing the competitiveness of small and medium-sized law firms and young barristers; if so, of the specific details (including the indicators set); if not, the reasons for that?
     
    Reply:
     
    President, 
     
         In response to the enquiry raised by the Hon Maggie Chan, the consolidated reply is as follows:
     
         A self-regulatory regime is applied for Hong Kong’s legal profession. On the premise of fully respecting the self-regulatory regime of the legal profession, the Department of Justice (DoJ) has all along been implementing various initiatives and new policies to foster an environment conducive to the professional development of the legal sector and create opportunities for them. According to statistics from the Law Society of Hong Kong (Law Society), nearly 90 per cent of law firms in Hong Kong are sole proprietorships or consist of no more than five partners. In formulating and introducing policies, the DoJ will take into account the needs of small and medium-sized law firms.
     
         Over the years, the DoJ has devised various policies and/or measures to support the professional development of solicitors from small and medium-sized law firms and young barristers with details set out below:
     
    Understudy Programme (Civil/Prosecution Work)
     
         Launched in mid-2020, the programme aims to provide training opportunities for the less-experienced barristers and solicitors (i.e. with less than five years’ post call/admission experience) to handle civil and prosecution work of the Government in order to broaden their horizon, enrich them with valuable experience and improve their case management skills. The trainings include drafting of legal opinions, conducting legal research, observing lawyers in action in different levels of courts and various hearings, participating in hearing preparation works, acting as junior counsel to senior counsel or counsel or Government Counsel, and assisting in handling more complex cases conducted in the District Court or the Court of First Instance or magistracy cases with lengthy trials. As at March 31, 2025, a total of 297 solicitors and barristers with less than five years’ qualification participated in various civil and criminal works through the programme with satisfactory response. The DoJ has, from time to time, received expressions of interest from solicitors and barristers to participate in the programme, reflecting the continued support and participation from the sector. The DoJ will continue to review and select suitable work to provide more training opportunities to participating solicitors and barristers.
     
    Professional Exchange Programme
     
         The programme aims to facilitate the exchange of best practices between lawyers in the private sector and DoJ. Qualified private sector lawyers can apply through their law firms/chambers for attachment to DoJ; law firms/chambers interested in accepting exchange lawyers from DoJ can also contact DoJ.
     
         The feedback of participants on the programme has been positive. Participants considered that their attachment facilitated cross-fertilisation of knowledge and experience and the exchange of best practices.
     
         The programme was launched in September 2019. As of 2024-25, a total of 19 lawyers (eight lawyers in the private sector and 11 government counsel) have participated in the programme.
     
         The Professional Exchange Programme has been well-received by the legal sector since its launch. We will continue to maintain close communication with law firms/chambers to facilitate the formulation of suitable exchange arrangements; and will continue to review the implementation of the programme and make refinement in a timely manner.
     
    Secondment Programmes to Relevant International Organisations
     
         The Hong Kong Special Administrative Region has, with the support of the Central Government, made standing secondment arrangements with the Hague Conference on Private International Law and the International Institute for the Unification of Private Law, which are open to application by all qualified local legal professionals from the public and private sectors (irrespective of the size of the law firms they work in). Since the said secondment arrangements have been put in place, a total of six local barristers and solicitors from the private sector, who have worked in law firms of different sizes, have participated. The DoJ will continue to promote to the legal sector (including young legal professionals) the relevant secondment programmes.
     
    Hong Kong International Legal Talents Training Academy
     
         Capitalising on Hong Kong’s bilingual common law system and the unique strengths and advantages under the “one country, two systems” principle, the Hong Kong International Legal Talents Training Academy was launched on November 8, 2024. The Academy will make the most of Hong Kong’s bilingual common law system (in English and Chinese), as well as the international status, regularly organise different practical legal courses, seminars and international exchange initiatives, so as to promote talent exchanges in the region and beyond, and provide foreign-related legal talent training for our country, and practical training for the local solicitors and barristers (including young legal professionals) for professional development.
     
         The capacity-building programmes that the Academy will organise include the “Mainland Civil and Commercial Legal Practice Training Course 2025” from June 13 to 14, 2025, which aims to enable the local legal industry to fully understand the latest developments in civil and commercial practice in the Mainland, the procedures and practical arrangements for handling relevant cases by the Mainland courts and arbitration institutions, and to promote cooperation between local and the Mainland legal industries, so as to provide more comprehensive services to clients; and a seminar on criminal prosecution for prosecutors from the country and Association of Southeast Asian Nations member states, and local solicitors and barristers in September 2025, etc.
     
         The Academy will design and organise short-term training programmes taking into account the practical needs of small and medium-sized law firms and young barristers. By flexibly arranging the course content and format, the training programmes will address the diverse professional development needs of participants, thereby achieving more focused and effective training outcomes, and fostering the professional growth of small and medium-sized law firms and young barristers.
     
    Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Legal Professional Examination (GBA Examination)
     
         Since 2021, eligible Hong Kong and Macao legal practitioners may provide legal services in the nine Mainland municipalities in the GBA on certain civil and commercial matters to which Mainland laws apply (including litigation and non-litigation matters), after passing the GBA Examination and having obtained the Lawyer’s License (GBA). In September 2023, the General Office of the State Council published the revised pilot measures for Hong Kong and Macao legal practitioners to obtain Mainland practice qualifications and to practise law in the nine Mainland municipalities in the GBA (the revised pilot measures), which lowered the practice experience threshold for Hong Kong and Macao legal practitioners to enroll in the GBA Examination from five years to three years. DoJ has worked closely with the Mainland authorities and continued to keep close contact with the two legal professional bodies as well as encouraging more Hong Kong legal practitioners to enroll in the GBA Examination.
     
         There are now Hong Kong legal practitioners who are GBA lawyers taking up court cases of the nine Mainland municipalities in the GBA and appearing in court as litigation representatives, as well as taking up GBA arbitration cases, with cases being duly completed. With the benefit of the lowered practice experience threshold, from 2024, more Hong Kong and Macao legal practitioners, including young Hong Kong barristers and solicitors, would be eligible to enroll in the GBA Examination, thus obtaining dual qualification in the Mainland and Hong Kong, and be able to seize the unlimited opportunities brought by the developments in the GBA.
     
         The GBA Examination has been held four times. As at the end of March 2025, over 550 Hong Kong and Macao legal practitioners have obtained the Lawyer’s License (GBA).
     
         Hong Kong legal practitioners have responded enthusiastically towards the GBA Examination. Before September 2023, there were some legal practitioners interested in practising in the nine Mainland municipalities but were unable to enroll in the GBA Examination due to the practice experience threshold. The revised pilot measures lowered the practice experience threshold for Hong Kong and Macao legal practitioners to enroll in the GBA Examination, responded to the aspirations of young Hong Kong legal practitioners and encouraged them to participate in the construction of rule of law in the GBA.
     
    GBA Mediator Training Course of Hong Kong
     
         To promote the interface of the non-litigation dispute resolution services in the GBA and to enhance the understanding of Hong Kong mediators regarding the mediation systems in Guangdong and Macao, the DoJ held the GBA Mediator Training Course of Hong Kong on August 16, 2024. Since the number of registered participants far exceeded the maximum capacity of the event venue, the DoJ specially introduced online mode to accommodate more participants. More than 400 participants have attended the Course, including young lawyers from Hong Kong. Mediation experts from Guangdong and Macao were invited to share the respective mediation systems, culture and experience of Guangdong and Macao, as well as to explore the latest developments of cross-boundary disputes mediation in the GBA and the cultural difference and integration in mediation of the three places. The course discussed topics including the means and skills in handling cross-boundary disputes, enhancing Hong Kong lawyers’ understanding of handling cross-boundary disputes in the GBA. The DoJ will consider conducting further relevant courses as necessary in the future.
     
    The Deputy Secretary for Justice led delegations of young lawyers to visit GBA Mainland cities
     
         The Deputy Secretary for Justice led two delegations of young representatives from the legal sector to visit GBA Mainland cities, including Huizhou, Shenzhen and Foshan in September and November 2023. The visits helped young legal professionals and law students deepen their understanding of the legal systems of the GBA Mainland cities and that of the Mainland, further connect their career development with the overall national development and deepen their collaboration with the legal sector of other GBA cities, so as to jointly promote high-quality national development. Number of delegates of the two delegations exceeded 70 people, including young representatives of the Law Society and the Hong Kong Bar Association, young government counsel of the DoJ, and law students from the three law schools.
     
    Updating the Talent List
     
         The Government announced to update the Talent List to include “Legal Knowledge Engineers”. The new arrangement took effect on March 1, 2025 in response to the legal profession’s need for artificial intelligence. The introduction of “Legal Knowledge Engineers” helps improve the efficiency of legal professional services and promote high value-added development of Hong Kong’s economy and society.
     
         By developing artificial intelligence systems, “Legal Knowledge Engineers” act as a bridge between lawyers and other general programmers, developing artificial intelligence systems specifically for law firms. They can help law firms (including small and medium-sized law firms) improve work efficiency, for example, when conducting due diligence, the searching of key terms within huge volumes of documents can produce highly accurate responses within a short period of time.
     
    ROLE Stars Train-the-Leaders Programme (TTL Programme)
     
         Since the launching of the TTL Programme in November 2023, through collaboration with relevant organisations and stakeholders, three phases of courses have been developed. Young lawyers have been invited as speakers and facilitators. The DoJ enhances the law-abiding awareness of young people and the public in a holistic manner, and to increase the understanding of the rule of law principles and the legal system through the TTL Programme. Since its launch, the TTL Programme has attracted over 350 trainees, including 36 young lawyers as facilitators.
     
    DoJ i-Day
     
         The event was led by young in-house lawyers of the DoJ “DoJ Fellows” in August and September 2023, and there are plans to hold a similar open day in June 2025. The event provided young lawyers with an opportunity to meet young people who aspire to join the legal profession, and also allowed those who have not yet joined the legal sector to deepen their understanding of the legal field and the work of the DoJ. The event in 2023 attracted more than 330 trainee solicitors, trainee barristers, legal professionals, law-degree students and students from other degrees and the general public to participate.
     
         Given the nature of the work of the DoJ, the benefits of a measure or policy to society may not be entirely quantifiable, the DoJ does not possess the relevant key performance indicators on the above measures or policies in support of the professional development of solicitors from small and medium-sized law firms and young barristers. The Government will continue to introduce measures or policies at appropriate times and update existing ones from time to time to align them with the latest development of the profession.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Written question – EU and WEF relationship – E-001702/2025

    Source: European Parliament

    Question for written answer  E-001702/2025
    to the Commission
    Rule 144
    Gerald Hauser (PfE)

    The EU and World Economic Forum (WEF) have been working closely together for years, as the Commission’s website explains. It states that ‘moral and intellectual integrity is at the heart of everything [the WEF] does’.

    Since 2024 at least, the WEF has been heavily criticised. Serious allegations, including of sexism, racism and abuse of power, have been made against the organisation. A case was brought against Klaus Schwab, long-time chairman and founder of the WEF, which, according to the press, was settled out of court, with compensation paid to the complainant.

    On Easter Monday 2025, Schwab then resigned following new, serious allegations also involving members of his family. He is primarily accused of mixing private and business interests, and in particular of misusing WEF funds for personal ends.[1],[2],[3],[4],[5]

    • 1.Does the Commission intend to continue working with the WEF despite the fact that the organisation faces serious, publicly documented allegations?
    • 2.Why has it to date remained silent over the allegations of sexism, racism and financial misconduct made against the WEF?
    • 3.What will it do to ensure that working with the WEF does not further damage its reputation?

    Submitted: 28.4.2025

    • [1] https://knowledge4policy.ec.europa.eu/organisation/wef-world-economic-forum_en
    • [2] https://www.nzz.ch/wirtschaft/das-wall-street-journal-wirft-dem-wef-sexismus-und-rassismus-vor-die-organisation-spricht-von-nachweislich-falschen-behauptungen-ld.1837801)
    • [3] https://www.handelszeitung.ch/politik/klaus-schwab-ich-habe-mit-der-klagerin-nie-etwas-zu-tun-gehabt-756947
    • [4] https://www.handelszeitung.ch/unternehmen/klaus-schwab-klage-wegen-diskriminierung-ist-vom-tisch-805224
    • [5] https://www.blick.ch/wirtschaft/neue-vorwuerfe-wef-leitet-untersuchung-gegen-gruender-klaus-schwab-ein-id20804793.html
    Last updated: 7 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Threat to the EU from the mafia of Türkiye and the Occupied Territories – E-001699/2025

    Source: European Parliament

    Question for written answer  E-001699/2025
    to the Commission
    Rule 144
    Emmanouil Fragkos (ECR)

    The CHP leader confirmed reports about a corruption scandal in Türkiye and occupied Cyprus, denouncing a bribery case in the Occupied Territories, referring to five lost videos that the Turkish National Intelligence Organisation (MIT) is looking for, and naming the sons of former Prime Minister Binali Yıldırım and Foreign Minister Hakan Fidan. The case relates to Halil Falyalı, a mafia boss in the Occupied Territories, who possessed 45 video recordings for blackmailing politicians and bureaucrats. The CHP claimed that the pseudo-ambassador of the Occupied Territories was connected to organised crime, revealing the existence of ‘missing video recordings’. He also reinforced the allegations, stating that the blackmail network includes top officials in the Turkish Government, with the involvement of Cemil Önal, Falyalı’s former finance director. It is worth noting Sedat Peker’s earlier revelations.

    In view of the above:

    • 1.The Occupied Territories are an ideal base for money laundering, drug trafficking and illegal gambling. Turkish and EU networks operate in the Occupied Territories, making them a crucial link in criminal networks. How does the Commission plan to protect the European market more effectively from the mafia-like den of iniquity, corruption and organised crime of the Occupied Territories?
    • 2.Does the Commission agree that there are strategic deficiencies in the Turkish systems for combating money laundering and terrorist financing (AML/CFT), which pose significant threats to the Union’s financial system (‘high-risk third countries’)?
    • 3.Does the Commission consider that there is a need to adopt further measures under Article 9 of Directive (EU) 2015/849?

    Submitted: 29.4.2025

    Last updated: 7 May 2025

    MIL OSI Europe News –