NewzIntel.com

Category: Europe

  • MIL-OSI Europe: Highlights – ENVI Exchange of views with the Polish Council Presidency – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    On January 23 ENVI held an exchange of views with Paulina Henning-Kloska, Polish Minister of Climate and Environment. The debates are expected to focus on the priorities of the Polish Council Presidency.

    From 1 January to 30 June 2025, Poland held the presidency of the Council of the EU. The Polish Presidency defined 7 thematic priorities, with ENVI-relevant policies addressed, particularly under its priorities on Energy transition and a Competitive and resilient European agriculture. The exchange of views started with a presentation by Ms. Paulina Hennig-Kloska, Polish Minister of Climate and Environment, followed by rounds of questions raised by the Members.

    Denmark will take over from Poland on 1 July 2025 and will hold the Presidency of the Council of the European Union until 31 December 2025.

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – ENVI vote on interinstitutional negotiations to prevent plastic pellet losses – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    Microplastic Pollution © Adobe Stock

    On 16 January, ENVI Members voted on whether to start interinstitutional negotiations on new rules to prevent plastic pellet losses and reduce microplastic pollution.

    ENVI will vote on opening interinstitutional negotiations for a regulation to prevent plastic pellet losses. The proposal seeks to address microplastic pollution by requiring operators handling plastic pellets to prevent spills, contain losses, and clean up promptly. Large enterprises must implement risk assessment plans two years after the regulation enters into force, with longer timelines for medium and small enterprises. The plans should detail pellet volumes and polymer types on-site. MEPs advocated for mandatory labelling on containers, studies on chemical traceability, incident loss-tracking forms, and enterprise training on spill prevention and cleanup. Parliament had adopted its position in April 2024, and the Council its General Approach in December. Following the approval of the decision, trilogues are to begin in late January.

    MIL OSI Europe News –

  • MIL-OSI Asia-Pac: IEW 2025 to be Second Largest Energy Event Globally: Union Minister for Petroleum and Natural Gas, Shri Hardeep S Puri

    Source: Government of India

    Posted On: 24 JAN 2025 5:14PM by PIB Mumbai

     

    Mumbai, 24th January, 2025

    India Energy Week (IEW) 2025, spanning over 1 lakh Sq mts, will be the second-largest energy event globally, event in terms of participation, exhibition space, and sessions said Shri Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas in Mumbai today.

    Scheduled to be held from February 11-14, 2025, at Yashobhoomi, Dwarka, New Delhi, IEW 2025 promises unparalleled global participation from Ministers, CEOs, and industry leaders, setting new benchmarks in the energy sector. 

    While interacting with media, the Minister highlighted the Clean Cooking Ministerial to be hosted on the sidelines of IEW 2025. This event will serve as a vital platform to strengthen collaborative efforts for accelerating the global adoption of clean cooking solutions. India’s highly successful Pradhan Mantri Ujjwala Yojana (PMUY) will take centre stage, showcasing valuable insights and best practices as a global template for addressing energy access challenges. 

    IEW 2025 is set to achieve remarkable growth in scale and participation compared to previous editions. The exhibition space will expand by 65% to 28,000 square meters, while the number of conference sessions will increase to 105, and global delegates will exceed 70,000. Over 500 speakers, including key international voices, will participate, reflecting the growing global significance of the event. The conference will also host 10 country pavilions from leading nations such as the U.S., UK, Russia, Japan, Germany, and the Netherlands, alongside eight thematic zones focusing on hydrogen, renewables, biofuels, and petrochemicals. 

    The event will see participation from 20+ Foreign Energy Ministers or Deputy Ministers, along with Heads of International Organizations and 90 CEOs from Fortune 500 energy companies. This reflects India’s rising influence in shaping the global energy transition dialogue. Shri Puri also highlighted initiatives to engage youth and innovators, with leading IITs, startup platforms like “Avinya“ and “Vasudha,” and 500 students from Delhi/NCR participating to showcase innovation and technology-driven solutions. 

    A key highlight of IEW 2025 is the focus on compelling themes, including energy security, just and orderly transitions, collaboration, resilience, capacity building, and digital advancements. The event’s Clean Cooking Ministerial will further amplify India’s leadership role in ensuring access to sustainable and affordable energy solutions, reinforcing its global commitment to energy equity. 

    With its unparalleled scale and focus on innovation, India Energy Week 2025 is poised to position India at the forefront of global energy transitions and strengthen its role as a catalyst for change in the energy sector.

    ***

    MN/PK

     

    Follow us on social media:  @PIBMumbai    /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com

    (Release ID: 2095851) Visitor Counter : 81

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Highlights – Joint ENVI-CONT exchange of views on the ECA report on climate adaptation – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    Devastating floods in Central Europe © JOSE JORDAN / AFP

    On 16 January, ENVI and CONT Members held an exchange of views on the European Court of Auditors’ (ECA) Special Report on climate adaptation in the EU.

    The ECA report highlights the increasing urgency of climate adaptation due to frequent and severe climate events, causing economic losses of €26 billion annually in the EU. It assesses the EU’s climate adaptation framework, national strategies, and EU-funded projects. Key findings include gaps in the use of scientific data, underutilisation of EU adaptation tools, and limited impact of some funded projects. Members had the opportunity to ask questions to the representative of the ECA on the latest findings outlined in the report. Members of the AGRI committee were also invited to participate in the joint ENVI-CONT meeting.

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – Objections to authorising genetically modified organisms and novel foods – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    Maize being genetically manipulated © European Parliament

    On 16 January, ENVI Members voted on motions for resolutions objecting to the authorisation of genetically modified maize MON 95275 and DP910521, as well as UV-treated powder of yellow mealworm larvae as a novel food.

    ENVI Members voted on three motions for resolutions objecting to the authorisations for the placing on the market of products under Regulation (EC) No 1829/2003 on GMOs and Regulation (EU) 2015/2283 on novel foods. The first two objections concerned genetically modified organisms (maize varieties MON 95275 and DP910521). The objectors cited insufficient evidence on long-term impacts on health and the environment, stressing that the decision to authorise such GMOs would not adhere to the precautionary principle. The third objection opposed the authorisation of UV-treated powder of yellow mealworm larvae as a novel food. The objectors raised concerns about the allergenicity of the product and insufficient labelling requirements, resulting in reduced transparency for consumers.

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – Presentation by the Commission on vehicle design and end-of-life management – Committee on the Environment, Climate and Food Safety

    Source: European Parliament

    Car assembly line © European Parliament

    On 16 January, the Commission presented its proposal for a Regulation on circularity requirements for vehicle design and the management of end-of-life vehicles to ENVI Members.

    The proposal revises the existing legal framework on the approval and market surveillance of motor vehicles, on market surveillance and compliance of products, and repeals two Directives on end-of-life vehicles and on reusability, recyclability and recoverability. The proposed Regulation, which simplifies the relevant framework into one legal instrument, establishes measures to enhance the circularity of the automotive sector, covering the design, production and end-of-life treatment of vehicles. The aim of the revision is to boost EU’s economy and contribute to the EU’s environmental and climate objectives, while reinforcing the single market and improving access to resources, thus contributing to address the challenges associated with the ongoing transformation of the automotive industry.

    MIL OSI Europe News –

  • MIL-OSI Europe: At a Glance – Plenary round-up – January 2025 – 24-01-2025

    Source: European Parliament

    The first plenary session of 2025 featured a debate on the conclusions of the European Council meeting of 19 December 2024, with António Costa participating for the first time in his new capacity of President of the European Council. A debate on the programme of the Polish Council Presidency followed, with the Prime Minister of Poland, Donald Tusk, who underlined the Presidency’s focus on prioritising EU security and defence. Parliament’s President and political group leaders adopted a statement on the ceasefire in Gaza. Members also debated the consequences for Europe of US President Donald Trump’s second mandate. Members debated the need to counter the Russian shadow fleet’s sabotage of critical undersea infrastructure; the critical political situation in Venezuela and in Georgia; and the humanitarian crisis in Sudan. They also debated 2024’s record-breaking heat and the need for climate action; EU energy independence and innovation; the failed negotiations on a United Nations plastic treaty; the need to set global standards for cryptocurrencies; EU funding transparency; and the Hungarian government’s illegal espionage of EU institutions.

    MIL OSI Europe News –

  • MIL-OSI Security: Five Defendants Sentenced in Options Trading Scheme

    Source: Office of United States Attorneys

    ATLANTA – Milan Patel has been sentenced to prison in connection with a years-long market manipulation scheme in which he and his co-conspirators conceived, drafted, and disseminated false rumors about publicly traded companies and then profitably traded on these rumors by purchasing and selling mainly short-term call options.

    “The defendants used their financial acumen to manipulate the securities markets by releasing false information about publicly traded companies,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “Our Office is committed to working with our law enforcement partners to investigate and prosecute all forms of securities fraud.”

    “These sentencings should serve as a reminder to anyone attempting to tilt the balance of financial markets in their direction using insider trading, investigating this illegal behavior is a top priority of the FBI and you will be held accountable,” said Sean Burke, Acting Special Agent in Charge of FBI Atlanta.

    According to Acting U.S. Attorney Moultrie, the charges and other information presented in court: Between approximately October 2017 and January 2020, Milan Patel, Bart Ross, Mark Melnick, Anthony Salandra, and Charles Parrino conspired to trade securities—primarily short-term call options—in large, publicly traded companies based on materially false rumors about those companies that they generated and disseminated. These materially false rumors were intended to increase the price of the securities (both the underlying stock and options).

    Call options are essentially a contract that gives the options’ holder the right, but not the obligation, to buy shares of the underlying stock at a set price per share—the option’s strike price—on or before a set future date (the option’s expiration date). Generally, the holder of a call option benefits when the price of the underlying stock increases. Short-term call options are ones that generally expire within a week.

    Ross, Salandra, and Parrino, were formerly registered brokers with the Financial Industry Regulatory Authority (FINRA) and were responsible for drafting some of the fraudulent rumors. The conspirators would often refine a proposed rumor by exchanging drafts among themselves using the Trillian instant messaging application.

    Melnick was a day trader and T3 Live Senior Trading Strategist who often provided technical evaluations on whether a particular false rumor would be successful. These rumors were carefully crafted to: (a) appear plausible enough to other market participants to move the price of the underlying security; and (b) move the price of the security in a particular direction—namely move the stock or option price up—so that Patel and the other conspirators could profitably trade on the rumors.

    Patel was responsible for disseminating the rumor via Trillian to multiple accounts, which would in turn result in the false rumor being distributed over one or more market subscription services, including Trade The News, TradeXchange, and Benzinga, as well as various Twitter accounts.

    Before Patel disseminated the rumor, the co-conspirators would acquire a position in the publicly traded company that was the subject of the rumor. The co-conspirators purchased short-term call options often mere seconds before Patel disseminated the rumor. The conspirators often purchased short-term call options because the price of such options is more sensitive than the price of the underlying stock. The conspirators profited from their scheme by selling the options (or other securities) after they increased in price. They would then sell off their positions shortly after the rumor was disseminated and the price of the option or underlying stock had increased.

    In total, the defendants executed more than 500 trades and made $2,651,320 in profits as a result of their fraudulent scheme.

    U.S. District Judge Leigh Martin May sentenced the defendants in the case as follows:

    •Milan Patel, 49, of Cumming, Georgia, was sentenced on January 23, 2025, to 18 months in prison followed by three years of supervised release. He was also ordered to pay a $10,000 fine. Patel was convicted on August 20, 2024, after he pleaded guilty to conspiracy to commit securities fraud.

    •Charles Parrino, 59, of West Palm Beach, Florida, was sentenced on January 17, 2025, to one year and one day in prison followed by three years of supervised release. He was also ordered to pay a $10,000 fine. Parrino was convicted on September 27, 2022, after he pleaded guilty to conspiracy to commit securities and wire fraud.

    •Mark Melnick, 44, of Marlboro, New Jersey, was sentenced on December 18, 2024, to three years’ probation with the first six months to be served on home confinement. He was also ordered to pay a $4,000 fine. Melnick was convicted on September 21, 2021, after he pleaded guilty to conspiracy to commit securities and wire fraud.

    •Anthony Salandra, 60, of Delray Beach, Florida, was sentenced on December 5, 2024, to three years’ probation with the first six months to be served on home confinement. Salandra was convicted on April 11, 2022, after he pleaded guilty to conspiracy to commit securities and wire fraud.

    •Bart Ross, 60, of Atlanta, Georgia, was sentenced on September 7, 2022, to three years’ probation. Ross was convicted on December 18, 2020, after he pleaded guilty to conspiracy to commit securities and wire fraud.

    This case was investigated by the Federal Bureau of Investigation with assistance from the Securities and Exchange Commission.

    Assistant U.S. Attorney Alex R. Sistla prosecuted the case.

    The SEC is investigating potential civil violations of the U.S. securities laws relating to above-described scheme. In connection with its investigation, the SEC filed separate civil enforcement actions against Patel, Parrino, Melnick, Salandra, and Ross in the U.S. District Court for the Northern District of Georgia.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI Security: Woman Charged With Discharging Firearm During Assault of United States Border Patrol Agent

    Source: Office of United States Attorneys

    Burlington, Vermont – The United States Attorney’s Office for the District of Vermont stated that Teresa Youngblut, 21, and who is believed to be from Washington state, has been charged by criminal complaint with one count of using a deadly weapon while assaulting a United States Border Patrol agent, and one count of using and discharging a firearm during and in relation to that assault. Her initial court appearance has not yet been scheduled.

    According to the charging affidavit, during the afternoon of January 20, 2025, a United States Border Patrol agent initiated a traffic stop of a Toyota Prius on Interstate 91 in Coventry, Vermont. The car was occupied by Youngblut and a man who was a citizen of Germany and whose immigration status was in question. Youngblut and her companion had come to the attention of law enforcement a few days earlier when a hotel employee in Lyndonville expressed concern about them being dressed in tactical clothing and protective gear, while also being armed. Law enforcement also observed the couple in the Prius earlier on January 20 at a Walmart parking lot in Newport, Vermont. At that time, the German man was seen wrapping unidentifiable objects with aluminum foil while seated in the vehicle.

    According to the affidavit, during the January 20 vehicle stop, both Youngblut and her companion were armed. During the stop, Youngblut fired her handgun without warning toward at least one of the Border Patrol Agents while outside the vehicle. Her German companion also tried to draw a firearm, and at least one Border Patrol Agent fired his service weapon. The exchange of gunfire resulted in Border Patrol Agent David Maland sustaining fatal injuries. Youngblut and her companion were also shot. The German man was pronounced dead at the scene, and Youngblut was taken to the hospital for medical care.

    The investigation into this incident is ongoing. It is being led by the Federal Bureau of Investigation, with substantial assistance from the Vermont State Police and the Bureau of Alcohol, Tobacco, Firearms and Explosives, in coordination with Homeland Security Investigations, United States Border Patrol, the Newport, Vermont, Police Department, and the Orleans County Sheriff’s Department.

    Acting United States Attorney Michael P. Drescher stated: “The events leading to this prosecution tragically demonstrate how the men and women of law enforcement regularly put their lives on the line as they try to keep our communities and our country safe. The United States Attorney’s Office is deeply grateful for those with the courage to do such dangerous work. We intend to honor them, and the memory of Border Patrol Agent Maland, by performing our prosecutorial duties so that justice may be done.” Drescher also commended the investigative collaboration demonstrated by the FBI, Vermont State Police, ATF, and the other agencies involved.

    Craig Tremaroli, Special Agent in Charge of the FBI Albany Field Office, stated: “Agent Maland bravely served his country as a member of the United States Air Force. He continued that service when he answered the call to protect and serve as a law enforcement officer, making him a shining example of service over self. This arrest proves the FBI, together with our partners, will work diligently to ensure any individual who uses a firearm to assault such a public servant will be brought to justice.”

    “The senseless and tragic killing of a United States Border Patrol agent is a stark reminder of the immense sacrifices law enforcement officers make to protect our nation,” said James M. Ferguson, Special Agent in Charge of ATF Boston Field Division. “ATF stands resolute with our partners to bring justice to the individual responsible. Our deepest condolences go out to the agent’s family, colleagues, and all who are grieving this profound loss.”

    Chief United States Border Patrol Agent Robert Garcia stated: “We appreciate all our law enforcement partners’ response to this tragic event as we continue our mission of protecting this nation’s border and ensuring public safety.”

    The United States Attorney’s Office emphasizes that the complaint contains allegations and that Youngblut is presumed innocent until and unless proven guilty. Youngblut faces a maximum prison sentence of life and a mandatory minimum sentence of 10 years if convicted of the charges in the complaint. The actual sentence, however, would be determined by the District Court with guidance from the advisory United States Sentencing Guidelines and the statutory sentencing factors.

    The prosecutor is Assistant United States Attorney Matthew Lasher. Youngblut is represented by the Office of the Federal Public Defender.

    MIL Security OSI –

  • MIL-OSI Economics: Iceland donates an additional CHF 200,000 to WTO Fish Fund

    Source: WTO

    Headline: Iceland donates an additional CHF 200,000 to WTO Fish Fund

    Director-General Ngozi Okonjo-Iweala said: “I warmly welcome Iceland’s second contribution to the WTO Fish Fund, which reflects its strong commitment to sustainable fisheries and multilateral cooperation. Building on its previous donation, this latest contribution will be instrumental in supporting developing and LDC members as they work to implement the historic Agreement on Fisheries Subsidies.”
    Ambassador Einar Gunnarsson of Iceland said: “Iceland is proud to support the WTO Fisheries Funding Mechanism as part of our longstanding commitment to sustainable fisheries and ocean health. By contributing to this fund, we aim to assist developing and least-developed countries in implementing the Agreement on Fisheries Subsidies, ensuring that they have the tools and capacity to join global efforts to protect marine ecosystems. Sustainable Development Goal 14.6 reminds us that collective action is essential, and Iceland remains dedicated to playing its part in fostering sustainable and equitable use of our shared ocean resources.”
    The Agreement on Fisheries Subsidies will enter into force upon its acceptance by two-thirds of WTO members. Eighty-nine WTO members have formally accepted the Agreement. Twenty-two more formal acceptances are needed for the Agreement to come into effect. Because the new Agreement will involve adjustments and enhancements to WTO members’ legislative and administrative frameworks, their transparency and notification obligations, and their fisheries management policies and practices, Article 7 of the Agreement provides for the creation of a voluntary funding mechanism to finance targeted technical assistance and capacity building to help developing and least developed country members with implementation.
    The Fund is operated by the WTO, with the support of the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD), and the World Bank Group. These core partners bring together relevant expertise to support members seeking assistance to implement the Agreement.
    Iceland contributed CHF 500,000 to the Fish Fund in September 2023; including the most recent donation, Iceland has contributed a total of CHF 700,000 to the Fish Fund. Between 2002 and 2025, Iceland has contributed CHF 1,025,000 to various WTO technical assistance trust funds.
    More information on the fund, which became ready to accept donations on 8 November 2022, is available here.

    MIL OSI Economics –

  • MIL-OSI USA: FEMA Seeks Multi-Family Properties to House Georgia Storm Survivors

    Source: US Federal Emergency Management Agency 2

    FEMA Seeks Multi-Family Properties to House Georgia Storm Survivors

    FEMA is seeking multi-family properties that can be used as temporary housing for eligible survivors of Hurricane Helene. These units must meet local, state and federal housing regulations. Multi-family properties for consideration should be in and around the communities affected by Hurricane Helene, to include Appling, Berrien, Burke, Clinch, Coffee, Emanuel, Jeff Davis, Jefferson, Lanier, Lowndes, McDuffie and Toombs counties. FEMA encourages all interested multifamily properties to consider participating. The deadline for property owners and managers to reply to this request for information is Saturday, Feb. 22, 2025. Interested parties will need to email FEMA-dr4830ga-mlrrfi@fema.dhs.gov.What is Multi-Family Lease and Repair program?Multi-Family Lease and Repair (MLR) is a form of temporary housing assistance that allows FEMA to repair or make improvements to existing multifamily rental/residential property for the purpose of providing temporary housing to eligible FEMA applicants. The properties in MLR are to be offered as temporary housing to eligible disaster survivors. The properties must be available for a term of no less than 18 months, with the option of a lease extension. The properties should be complexes that are able to accommodate a considerable number of people in a single location. Each property must have been previously used as a multifamily housing complex and contain multiple rental units. Hotels, hospitals, nursing homes, etc. are not considered residential properties and are not authorized for MLR. The site must be repairable to local, state and federal regulations within a four-month period and cannot be located in a floodway. MLR is not intended to repair or improve individual units to rehouse existing tenants.What conditions does the property need to meet?All property management companies or owners must register to do business with FEMA through the System for Award Management (SAM) at SAM.gov.The property owner must provide all property management services, including building maintenance.The vacant units on the property must be available to be leased exclusively to FEMA for use as temporary housing for eligible survivors for a term expiring no earlier than 18 months, with the possibility of contract extension.The property must be in an area with access to community and wraparound services such as accessible public transportation, schools, fire and emergency services, grocery stores, etc.Each unit must provide complete and independent living facilities for one or more persons and contain permanent provisions for living, sleeping, cooking and sanitation.The property must contain multiple units.The property must have been previously used as multifamily housing.The property owner must agree to allow FEMA to make reasonable accommodation and/or modification repairs or improvements during the term of the lease without requiring FEMA to remove the improvements at the end of the lease agreement. What other terms or conditions are there?A provision granting FEMA exclusive use of the units and sole discretion to identify and select occupants during the term of the lease agreement.A provision granting FEMA the option of releasing the unit to the owner and ceasing all monthly payments for the unit at any time by providing 30 days’ notice.A provision incorporating a lease addendum containing FEMA’s conditions of eligibility and termination of tenancy and eviction into any lease between the property owner and the occupant. A provision agreeing to waive credit screening for eligible applicants.A provision allowing FEMA to reassign a vacated unit when eligible applicants need temporary housing assistance, and a unit becomes available before the end of the period of assistance.Property owners must be current and in good standing with property mortgage payments and ensure mortgage standing verification is provided as well as proof of ownership. What information is requested?Interested property owners should provide the following information:Name of complex, location, owner name and phone number or contact information (if not property owner)Status of property’s mortgage payments.Total number of housing units within the property.Number of vacant housing units containing a separate bathroom, kitchen, and living space.Number of vacant housing units available for FEMA exclusive use.Number of vacant housing units compliant with Uniform Federal Accessibility Standards and/or features that provide accessibility for individuals with disabilities. Description of repairs and improvements required to make the housing units habitable. Description of repairs currently underway, if applicable.Projected length of time required to make the housing units habitable (from execution of the contract). Year building was constructed (if known).Years the building was used for multi-family housing.Rental rates during the last year of operation (state whether utilities were included, and if so, which ones).Pet restrictions, such as type, number, or size, and applicable pet deposits; andNumber of parking spaces (including accessible and van-accessible) available for each housing unit. Where do I respond to the request for information?Interested property owners or management companies must provide responses and comments on or before Saturday, Feb. 22, 2025 at 5:00pm EST to FEMA-dr4830ga-mlrrfi@fema.dhs.gov. The email subject line should read:  RFI# RFI70FBR425I00000008_DR4830GA  Response: FEMA-dr4830ga-mlrrfi@fema.dhs.gov.More information about this opportunity can be found at SAM.gov.The RFI does not constitute a Request for Proposal (RFP0), Invitation for Bid (IFB), or Request for Quotation (RFQ), and it is not to be construed as a commitment by the government to enter into a contract, nor will the government pay for the information submitted in response to this request. Response to this notification will be used to determine which properties meet the Direct Lease criteria and provide the most timely and cost-effective means of providing direct assistance to eligible disaster survivors. FEMA wants to obtain market information or capabilities for planning purposes. For the latest information about Georgia’s recovery, visit fema.gov/helene/georgia. Follow FEMA Region 4 @FEMARegion4 on X or follow FEMA on social media at: FEMA Blog on fema.gov, @FEMA or @FEMAEspanol on X, FEMA or FEMA Espanol on Facebook, @FEMA on Instagram, and via FEMA YouTube channel. Also, follow Acting Administrator Cameron Hamilton on X @FEMA_Cam.                                                                                    ###FEMA’s mission is helping people before, during and after disasters.
    jakia.randolph
    Fri, 01/24/2025 – 20:07

    MIL OSI USA News –

  • MIL-OSI USA: FEMA Seeks Property Management Companies in Georgia for Direct Lease

    Source: US Federal Emergency Management Agency

    Headline: FEMA Seeks Property Management Companies in Georgia for Direct Lease

    FEMA Seeks Property Management Companies in Georgia for Direct Lease

    FEMA is seeking information from property management companies with ready-for-occupancy residential or rental properties in Georgia communities affected by Hurricane Helene. These units must meet local, state and federal housing regulations. Property management companies for consideration should be doing business in and around communities affected by Hurricane Helene, to include Appling, Berrien, Burke, Clinch, Coffee, Emanuel, Jeff Davis, Jefferson, Lanier, Lowndes, McDuffie and Toombs counties, as well as surrounding communities. FEMA encourages all interested property management companies to consider participating.The deadline for companies to reply to this request for information is Wednesday, Feb. 12, 2025. What is Direct Lease program? Direct Lease is a form of Direct Temporary Housing Assistance that allows FEMA to enter into contracts directly with property management companies to lease properties not generally available to the public. Properties must be available for no less than 18 months, with an option for lease extension. The properties will then be offered as temporary housing to eligible disaster survivors. This includes corporate apartments, vacation rentals, secondary homes, bank-owned properties, condominiums, townhouses and other dwellings. FEMA may use these units for eligible applicants who are unable to use rental assistance due to lack of available resources. What conditions does the property need to meet?The property must be an existing residential property not typically available to the public (i.e. corporate apartments, vacation rentals, and second homes), for use as temporary housing. Units occupied using a form of FEMA Rental Assistance cannot be combined with FEMA Direct Lease Assistance. Hotels, motels and other transient accommodations will not be acquired for Direct Lease. The property must comply with Housing Quality Standards established by the U.S. Department of Housing and Urban Development and all relevant state building and occupancy standards and regulations. All utilities, appliances, and other furnishings must be functional. Each unit must provide complete living facilities, including provisions for cooking, eating and sanitation within the unit. The property must be located within reasonable access to community and wrap-around services, such as accessible public transportation, schools, fire and emergency services, grocery stores, etc.All property management companies or owners must register to do business with FEMA through the System for Award Management (SAM) at SAM.gov.What terms or conditions are there?A provision granting FEMA exclusive use of the units and sole discretion to identify and select occupants during the term of the lease agreement.A provision granting FEMA the option of releasing the unit to the owner and ceasing all monthly payments for the unit at any time by providing 30 days’ notice.A provision allowing FEMA to make, at FEMA’s expense, reasonable modifications or improvements to the property to provide a reasonable accommodation for an eligible applicant with a disability or other access and functional needs.A provision allowing FEMA to restore the property to its original condition before any reasonable modifications or improvements as requested by the property owner.A provision incorporating a lease addendum containing FEMA’s conditions of eligibility and termination of tenancy and eviction into any lease between the property owner and the occupant.A provision agreeing to waive credit screening for eligible applicants.A provision allowing FEMA to reassign a vacated unit when eligible applicants need temporary housing assistance, and a unit becomes available before the end of the period of assistance.Property owners must provide all building maintenance services.Property owners must be current and in good standing with property mortgage payments and have a current rental license verification.What information is requested?Interested property owners should provide the following information:Name of complex, location, owner name and phone number or contact information (if not property owner).Number of vacant units containing a separate bathroom, kitchen and living space available for FEMA exclusive use and the number of bedrooms each unit contains.Number of units compliant with Uniform Federal Accessibility Standards and/or features that provide accessibility for individuals with disabilities.Confirmation the property owner is current and up to date with the property’s mortgage payments.Confirmation that the property is readily available for applicants to move in.History of the building’s use (dates used as a rental, etc.) if applicable.Utilities included in rent.Numbers of units fully furnished.Rental range for property, including any associated fees.Pet restrictions, such as type, number, or size, and applicable pet deposits; andNumber of parking spaces (including accessible and van-accessible) available for each housing unit.Where do I respond to the request for information?Interested property owners or management companies must provide responses and comments by Wednesday, Feb. 12, 2025 to fema-dr4830ga-directleaserfi@fema.dhs.gov. The email subject line should read RFI# 70FBR425I00000007.More information about this opportunity can be found at SAM.gov.The RFI does not constitute a Request for Proposal (RFP0), Invitation for Bid (IFB), or Request for Quotation (RFQ), and it is not to be construed as a commitment by the government to enter into a contract, nor will the government pay for the information submitted in response to this request. Response to this notification will be used to determine which properties meet the Direct Lease criteria and provide the most timely and cost-effective means of providing direct assistance to eligible disaster survivors. FEMA wants to obtain market information or capabilities for planning purposes. For the latest information about Georgia’s recovery, visit fema.gov/helene/georgia. Follow FEMA Region 4 @FEMARegion4 on X or follow FEMA on social media at: FEMA Blog on fema.gov, @FEMA or @FEMAEspanol on X, FEMA or FEMA Espanol on Facebook, @FEMA on Instagram, and via FEMA YouTube channel. Also, follow Acting Administrator Cameron Hamilton on X @FEMA_Cam.                                                                                    ###FEMA’s mission is helping people before, during and after disasters.
    jakia.randolph
    Fri, 01/24/2025 – 20:11

    MIL OSI USA News –

  • MIL-OSI Security: California Man Sentenced To 87 Months For Role In $50 Million Wire And Securities Fraud Scheme

    Source: Office of United States Attorneys

    NEWARK, N.J. – A California man was sentenced on Tuesday, January 21, 2025, to 87 months in prison by U.S. District Court Judge Esther Salas for his role in a $50 million internet-enabled fraud scheme, Acting U.S. Attorney Vikas Khanna announced.

    Allen Giltman, 59, of Irvine, California, previously pleaded guilty in Newark federal court to a two-count Information charging him with conspiracy to commit wire fraud and conspiracy to commit securities fraud.

    According to the documents filed in this case and statements made in court:

    Between 2012 and October 2020, Giltman and others engaged in an internet-based financial fraud scheme, which generally involved the creation of fraudulent websites to solicit funds from investors. At times, the fraudulent websites were designed to closely resemble websites being operated by actual, well-known, and publicly reputable financial institutions; at other times, the fraudulent websites were designed to resemble legitimate-seeming financial institutions that did not exist.

    Victims of the fraud scheme typically discovered the fraudulent websites via internet searches.  The fraudulent websites advertised various types of investment opportunities, most prominently the purchase of certificates of deposit, or CDs.  The fraudulent websites advertised higher than average rates of return on the CDs to lure potential victims.

    The fraudulent websites used a variety of means to appear legitimate and to gain and maintain the trust of prospective investors, including by (a) displaying the actual names and logos of real financial institutions;  (b) purporting that the institutions were members of and/or regulated by the Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (“FINRA”), the Securities Investor Protection Corporation, or New York Stock Exchange; (c) claiming that deposits made to the institutions associated with the fraudulent websites were FDIC insured; and (d) using FINRA and/or FDIC member identification numbers issued to real financial institutions and real FINRA broker-dealers.

    After discovering one of the fraudulent websites, victims would contact an individual via telephone or email as directed on the sites.  As alleged in the Information, this individual was Giltman.  During his communications with victims of the fraud scheme, Giltman impersonated real FINRA broker-dealers by using their names and FINRA CRD numbers.  Giltman would then provide the victims with applications and wiring instructions for the purchase of a CD.  The funds wired by the victims would then be moved to various domestic and international bank accounts, including accounts in Russia, the Republic of Georgia, Hong Kong, and Turkey.  None of the victims received a CD after wiring the funds.

    To date, law enforcement has identified at least 150 fraudulent websites created as part of the scheme.  At least 70 victims of the fraud scheme nationwide, including in New Jersey, collectively transmitted funds that they believed to be investments in the aggregate amount of at least approximately $50 million.

    * * *

    In addition to the prison term, Judge Salas sentenced Giltman to 3 years of supervised release and ordered forfeiture of numerous assets seized from Giltman at the time of his arrest in 2020.

    The U.S. Securities and Exchange Commission (SEC) previously filed a civil complaint against Giltman based on the same conduct.

    Acting U.S. Attorney Khanna credited special agents of the FBI under the direction of Acting Special Agent in Charge Terence G. Reilly in Newark.  He also thanked the SEC for the assistance provided by its Enforcement Division.

    The government is represented by Assistant U.S. Attorney Anthony P. Torntore, Chief of the U.S. Attorney’s Cybercrime Unit in Newark.

    25-020                                                              ###

    Defense counsel:

    Nina Marino, Esq. and Jennifer Lieser, Esq, Beverly Hills, California

    MIL Security OSI –

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 24.01.2025

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    24 January 2025 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 24.01.2025

    Espoo, Finland – On 24 January 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 872,093 4.40
    CEUX – –
    BATE – –
    AQEU – –
    TQEX – –
    Total 872,093 4.40

    * Rounded to two decimals

    On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million.

    Total cost of transactions executed on 24 January 2025 was EUR 3,835,814. After the disclosed transactions, Nokia Corporation holds 231,670,526 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

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

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

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

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network –

  • MIL-OSI Security: 12 Indicted in Multi-Million Dollar Business Email Compromise Scheme

    Source: Office of United States Attorneys

    COLUMBIA, S.C. — A federal grand jury in Columbia returned a 12-count indictment alleging conspiracy, wire fraud, bank fraud, and money laundering against 12 individuals for defrauding multiple victims in a nationwide scheme.

    The indictment alleges that the defendants listed below were involved in a business email compromise scheme that defrauded the victims out of millions of dollars. These types of fraud target both companies and individuals.

    • Demani Jawara Bosket, 50, of Saluda
    • Nkem Ajoku 55, of Pflugerville, Texas
    • Walter Clayron Ruff Jr., 51, of Gaston
    • Tanya Lawshawn Bosket, 51, of Saluda
    • Jahbir Rolando Fowle, 45, of Charlotte, North Carolina
    • Anthony Jerome Savage, 46, of Charlotte, North Carolina
    • Micheal Raymond Bevans-Silva, 38, of Savannah, Georgia
    • Carlise Raymion Roland, 32, of Jacksonville, Florida,
    • Daniel Alexander Edwards, 51, of Jacksonville, Florida,
    • Danny Heard II, 41, of Jacksonville, Florida,
    • Raymone Tyshay Scott Sr., 48, of Jacksonville, Florida,
    • Jamian Joshaun Butler, 45, of Jacksonville, Florida,

    The perpetrators of these types of frauds typically employ the use of “spoofed” emails that appear to be the genuine email address of a legitimate business or banking institution. In reality, the email address is a slight variation of the true email address, and the victim is instead communicating with perpetuators of the scheme.

    The indictment alleges that the defendants accessed the victims’ computer systems to monitor email communications for potential financial transactions and bank transfers.  The defendants used this information to identify the victims’ points of contact, financial accounts, communications, and business practices. The defendants then used spoofed emails to impersonate internal personnel, business partners, vendors, or other interested parties. The defendants would then initiate payments or direct financial transfers to bank accounts they controlled. The defendants then shared and intermixed the stolen funds between their own bank accounts, before sending a portion of the money out of the country. The defendants are alleged to have victimized multiple individuals and businesses, including construction companies, private equity firms, title companies, and law firms in South Carolina, New Jersey, Florida, Texas, Pennsylvania, and Japan.

    The defendants face a maximum penalty of 30 years imprisonment and fines of $1,000,000. The defendants are scheduled to be arraigned on Feb. 4, 2025, at 10 a.m. before the Honorable Paige J. Gossett.

    The case was investigated by the U.S. Agency for International Development, the Internal Revenue Service Criminal Investigation, the Department of Homeland Security, and the U.S. Secret Service.  Assistant U.S. Attorneys Lothrop Morris and T. DeWayne Pearson are prosecuting the case. 

    All charges in the indictment are merely accusations and that defendants are presumed innocent unless and until proven guilty.

    ###

    MIL Security OSI –

  • MIL-OSI: Northrim BanCorp Earns $10.9 Million, or $1.95 Per Diluted Share, in Fourth Quarter 2024, and $37.0 Million, or $6.62 Per Diluted Share, for the Year Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    ANCHORAGE, Alaska, Jan. 24, 2025 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, compared to $8.8 million, or $1.57 per diluted share, in the third quarter of 2024, and $6.6 million, or $1.19 per diluted share, in the fourth quarter a year ago. The increase in the fourth quarter of 2024 compared to the third quarter of 2024 is primarily due to an increase in purchased receivable income due to the Company’s acquisition of Sallyport Commercial Finance, LLC (“Sallyport”), which was completed on October 31, 2024. Sallyport and its direct and indirect subsidiaries provide services and products related to factoring and asset-based lending in the United States, Canada, and the United Kingdom. Additionally, in the fourth quarter of 2024 the Company had an increase in mortgage banking income, primarily as a result of an increase in the fair value of a mortgage servicing portfolio that the Company purchased from another financial institution in the fourth quarter. The increase profitability in the fourth quarter of 2024 as compared to the same quarter of the prior year was largely driven by an increase in mortgage banking income and higher net interest income, as well as an increase in purchased receivable income as noted above, which was only partially offset by higher other operating expenses and an increase in the provision for credit losses.

    Net income for the full year of 2024 increased 46% to $37.0 million, or $6.62 per diluted share, compared to $25.4 million, or $4.49 per diluted share, for the full year of 2023. Increased net interest income resulting from loan and deposit growth supported 2024 earnings in the Community Banking segment but were offset by increases in other operating expenses, primarily in salaries and other personnel expense as the Company continued to expand its branch network into new markets in Alaska. An increase in mortgage originations and an increase in the fair value of mortgage servicing rights resulted in net income of $4.4 million in the Home Mortgage Lending segment in 2024 compared to a $2.5 million loss in 2023.

    Dividends per share in the fourth quarter of 2024 remained consistent with the third quarter of 2024 at $0.62 per share and increased from $0.60 per share in the fourth quarter of 2023.

    “Northrim reported record core earnings in 2024 and record earnings per share in the fourth quarter,” said Mike Huston, Northrim’s President and Chief Executive Officer. “We are pleased with our results as we continue to focus on profitable growth. In the last five years Northrim’s deposit market share in Alaska has increased from 11% to 16%, loans and deposits have increased by almost 100%, and net interest income has increased by 60%.”

    “2024 results were also supported by an improvement in mortgage banking income,” continued Mr. Huston. “We believe the acquisition of Sallyport in the fourth quarter will further diversify fee income and provide attractive risk-adjusted returns to Northrim shareholders.”

    Fourth Quarter 2024 Highlights:

    • Net interest income in the fourth quarter of 2024 increased 7% to $30.8 million compared to $28.8 million in the third quarter of 2024 and increased 15% compared to $26.7 million in the fourth quarter of 2023.
    • Net interest margin on a tax equivalent basis (“NIMTE”)* was 4.47% for the fourth quarter of 2024, a 12-basis point increase from the third quarter of 2024 and a 35-basis point increase compared to the fourth quarter of 2023.
    • Return on average assets (“ROAA”) was 1.43% and return on average equity (“ROAE”) was 16.32% for the fourth quarter of 2024.
    • Portfolio loans were $2.13 billion at December 31, 2024, up 6% from the preceding quarter and up 19% from a year ago, primarily due to new customer relationships, expanding market share, and to retaining certain mortgage loans originated by Residential Mortgage, a subsidiary of Northrim Bank (the “Bank”), in the loan portfolio.
    • Total deposits were $2.68 billion at December 31, 2024, up 2% from the preceding quarter, and up 8% from $2.49 billion a year ago. Noninterest bearing demand deposits represented 27% of total deposits at December 31, 2024, down from 29% at September 30, 2024 and 31% at December 31, 2023.
    • Total assets at December 31, 2024 exceeded $3 billion for the first time.
    • The average cost of interest-bearing deposits was 2.15% in the fourth quarter of 2024, down from 2.24% in the third quarter of 2024 and up from 2.00% in the fourth quarter a year ago.
    • Acquired Sallyport for approximately $53.9 million (approximately $47.9 million in cash and $6 million in an earn-out payable over 3 years) on October 31, 2024.
       
    Financial Highlights Three Months Ended
    (Dollars in thousands, except per share data) December 31,
    2024    		 September 30,
    2024    		 June 30, 2024 March 31, 2024 December 31,
    2023
    Total assets $3,041,869   $2,963,392   $2,821,668   $2,759,560   $2,807,497  
    Total portfolio loans $2,129,263   $2,007,565   $1,875,907   $1,811,135   $1,789,497  
    Total deposits $2,680,189   $2,625,567   $2,463,806   $2,434,083   $2,485,055  
    Total shareholders’ equity $267,116   $260,050   $247,200   $239,327   $234,718  
    Net income $10,927   $8,825   $9,020   $8,199   $6,613  
    Diluted earnings per share $1.95   $1.57   $1.62   $1.48   $1.19  
    Return on average assets 1.43 % 1.22 % 1.31 % 1.19 % 0.93 %
    Return on average shareholders’ equity 16.32 % 13.69 % 14.84 % 13.84 % 11.36 %
    NIM 4.41 % 4.29 % 4.24 % 4.16 % 4.06 %
    NIMTE* 4.47 % 4.35 % 4.30 % 4.22 % 4.12 %
    Efficiency ratio 66.96 % 66.11 % 68.78 % 68.93 % 72.21 %
    Total shareholders’ equity/total assets 8.78 % 8.78 % 8.76 % 8.67 % 8.36 %
    Tangible common equity/tangible assets* 7.23 % 8.28 % 8.24 % 8.14 % 7.84 %
    Book value per share $48.41   $47.27   $44.93   $43.52   $42.57  
    Tangible book value per share* $39.17   $44.36   $42.03   $40.61   $39.68  
    Dividends per share $0.62   $0.62   $0.61   $0.61   $0.60  
    Common shares outstanding 5,518,210   5,501,943   5,501,562   5,499,578   5,513,459  
                         

    * References to NIMTE, tangible book value per share, and tangible common equity to tangible common assets, (all of which exclude intangible assets) represent non-GAAP financial measures. Management has presented these non-GAAP measurements in this earnings release, because it believes these measures are useful to investors. Please refer to the end of this release for reconciliations of these non-GAAP financial measures to GAAP financial measures.

    Alaska Economic Update
    (Note: sources for information in this section are listed on page 13.)

    The Alaska Department of Labor (“DOL”) has reported Alaska’s seasonally adjusted unemployment rate in November 2024 was 4.6% compared to the U.S. rate of 4.2%. The total number of payroll jobs in Alaska, not including uniformed military, increased 2.4% or 7,700 jobs between November 2023 and November 2024.

    According to the DOL, Construction had the largest growth in new jobs in Alaska through November compared to the prior year. The Construction sector added 2,100 positions for a year over year growth rate of 12.7% in November 2024. The larger Health Care sector grew by 1,500 jobs for an annual growth rate of 3.7%. The Oil & Gas sector increased by 9.2% or 700 new direct jobs. Transportation, Warehousing and Utilities added 1,000 jobs for a 4.5% growth rate. Professional and Business Services increased 700 jobs year over year through November 2024, up 2.5%.

    The Government sector grew by 1,200 jobs for 1.5% growth, adding 100 Federal jobs, 800 State and 300 Local government positions in Alaska over the same period. Declining sectors between November 2023 and November 2024 were Manufacturing (primarily seafood processing) shrinking 500 jobs (-6.6%), Information, down 100 jobs (-2.2%), and Retail lost 100 jobs (-0.3%).

    Alaska’s Gross State Product (“GSP”) in the third quarter of 2024, exceeded $70 billion for the first time, and is estimated to be $70.1 billion in current dollars, according to the Federal Bureau of Economic Analysis (“BEA”). Alaska’s inflation adjusted “real” GSP increased 6.5% in 2023, placing Alaska fifth best of all 50 states. In the third quarter of 2024 Alaska GSP increased at an annualized rate of 2.2%, compared to the average U.S. growth rate of 3.1%. Alaska’s real GSP improvement in the third quarter of 2024 was primarily caused by growth in the Health Care, Trade, Transportation and Warehousing sectors.

    The BEA also calculated Alaska’s seasonally adjusted personal income at $55.7 billion in the third quarter of 2024. This was an annualized improvement in the third quarter of 3.3% for Alaska, compared to the national average of 3.2%. Alaska enjoyed an annual personal income improvement of 3.8% in 2023. The $445 million increase in personal income in the third quarter in Alaska came from a $310 million increase in net earnings from wages, $145 million growth in government transfer receipts (which grew in all 50 states), and a $10 million decrease in investment income.

    The monthly average price of Alaska North Slope (“ANS”) crude oil was at an annual high of $89.05 in April 2024 and most recently averaged $72.50 in November 2024. The Alaska Department of Revenue (“DOR”) calculated ANS crude oil production was 461 thousand barrels per day (“bpd”) in Alaska’s fiscal year ending June 30, 2024 and is projected to increase to 467 thousand bpd in Alaska’s fiscal year 2025. The DOR expects production to continue to grow rapidly to 657 thousand bpd by fiscal year 2034. This is primarily a result of new production coming on-line in and around the NPR-A region west of Prudhoe Bay. A partnership between Santos and Repsol is constructing the new Pikka field and ConocoPhillips is reportedly developing the large new Willow field. There are also a number of smaller new fields in Alaska’s North Slope that are contributing to the State of Alaska’s production growth estimates.

    According to the Alaska Multiple Listing Services, the average sales price of a single family home in Anchorage rose 6.2% in 2024 to $509,994, following a 5.2% increase in 2023. This was the seventh consecutive year of price increases.

    The average sales price for single family homes in the Matanuska Susitna Borough rose 3.9% in 2024 to $412,907, after increasing 4% in 2023. This continues a trend of average price increases for more than a decade in the region. These two markets represent where the vast majority of the Bank’s residential lending activity occurs.

    The Alaska Multiple Listing Services reported a 3.4% increase in the number of units sold in Anchorage when comparing 2024 to 2023. There was virtually no change in the number of homes sold in the Matanuska Susitna Borough, with only four fewer homes sold in 2024 than in 2023 or 0.2%.

    Northrim Bank sponsors the Alaskanomics blog to provide news, analysis, and commentary on Alaska’s economy. Join the conversation at Alaskanomics.com, or for more information on the Alaska economy, visit: http://www.northrim.com and click on the “Business Banking” link and then click “Learn.” Information from our website is not incorporated into, and does not form, a part of this earnings release.

    Review of Income Statement

    Consolidated Income Statement

    In the fourth quarter of 2024, Northrim generated a ROAA of 1.43% and a ROAE of 16.32%, compared to 1.22% and 13.69%, respectively, in the third quarter of 2024 and 0.93% and 11.36%, respectively, in the fourth quarter a year ago. For the year 2024, Northrim generated a ROAA of 1.29% and a ROAE of 14.70%, compared to 0.94% and 11.17% for 2023.

    Net Interest Income/Net Interest Margin

    Net interest income increased 7% to $30.8 million in the fourth quarter of 2024 compared to $28.8 million in the third quarter of 2024 and increased 15% compared to $26.7 million in the fourth quarter of 2023. Interest expense on deposits increased to $10.6 million in the fourth quarter compared to $10.1 million in the third quarter of 2024 and $8.7 million in the fourth quarter of 2023.

    NIMTE* was 4.47% in the fourth quarter of 2024 compared to 4.35% in the preceding quarter and 4.12% in the fourth quarter a year ago. NIMTE* increased 12 basis points in the fourth quarter of 2024 compared to the prior quarter and 35 basis points compared to the fourth quarter of 2023 primarily due to a favorable change in the mix of earning-assets towards higher loan balances as a percentage of total earning-assets, higher earning-assets, and higher yields on those assets which were only partially offset by an increase in costs on interest-bearing deposits. The weighted average interest rate for new loans booked in the fourth quarter of 2024 was 7.23% compared to 7.24% in the third quarter of 2024 and 7.74% in the fourth quarter a year ago. The yield on the investment portfolio increased to 2.84% from 2.80% in the third quarter of 2024 and increased from 2.48% in the fourth quarter of 2023. “We are beginning to see improvements in our net interest margin as a result of lower deposit costs from the recent Fed interest rate cuts, in addition to the benefit of new loan volume and loan repricing driving our net interest margin to 4.47% for the fourth quarter,” said Jed Ballard, Chief Financial Officer. Northrim’s NIMTE* continues to remain above the peer average of 3.16% posted by the S&P U.S. Small Cap Bank Index with total market capitalization between $250 million and $1 billion as of September 30, 2024.

    Provision for Credit Losses

    Northrim recorded a provision for credit losses of $1.2 million in the fourth quarter of 2024, which includes a $125,000 provision for credit losses on purchased receivables, $107,000 benefit to the provision for credit losses on unfunded commitments, and a provision for credit losses on loans of $1.2 million. This compares to a provision for credit losses of $2.1 million in the third quarter of 2024, and a provision for credit losses of $885,000 in the fourth quarter a year ago. The $1.2 million provision for credit losses in the fourth quarter of 2024 is largely attributable to increases in loan and purchased receivable balances.

    Nonperforming loans, net of government guarantees, increased during the quarter to $7.5 million at December 31, 2024, compared to $5.0 million at both September 30, 2024 and December 31, 2023.

    The allowance for credit losses was 292% of nonperforming loans, net of government guarantees, at the end of the fourth quarter of 2024, compared to 394% three months earlier and 345% a year ago.

    Other Operating Income

    In addition to home mortgage lending, Northrim has interests in other businesses that complement its core community banking activities, including purchased receivables financing and wealth management. Other operating income contributed $13.0 million, or 30% of total fourth quarter 2024 revenues, as compared to $11.6 million, or 29% of revenues in the third quarter of 2024, and $6.5 million, or 20% of revenues in the fourth quarter of 2023. The increase in other operating income in the fourth quarter of 2024 as compared to the preceding quarter and the fourth quarter of 2023 is largely the result of higher purchased receivable income due to the acquisition of Sallyport. Additionally, other operating income in the fourth quarter of 2024 as compared to the fourth quarter a year ago increased due to an increase in mortgage banking income arising from higher volume of mortgage activity and an increase in the value of mortgage servicing rights. The changes in mortgage banking are discussed further in the Home Mortgage Lending section below.

    Other Operating Expenses

    Operating expenses were $29.4 million in the fourth quarter of 2024, compared to $26.7 million in the third quarter of 2024, and $24.0 million in the fourth quarter of 2023. The increase in other operating expenses in the fourth quarter of 2024 compared to the third quarter of 2024 and the fourth quarter a year ago is primarily due to an increase in salaries and other personnel expense, as well as increases in professional fees from one-time deal costs associated with the acquisition of Sallyport and insurance expense due to higher FDIC insurance costs due to the Company’s asset and net income growth.

    Income Tax Provision

    In the fourth quarter of 2024, Northrim recorded $2.4 million in state and federal income tax expense for an effective tax rate of 17.8%, compared to $2.8 million, or 24.2% in the third quarter of 2024 and $1.7 million, or 20.7% in the fourth quarter a year ago. For the year, Northrim recorded $10.0 million in state and federal income tax expense in 2024 for an effective tax rate of 21.3%, compared to $6.2 million, or 19.7% in 2023. The decrease in the tax rate in the fourth quarter of 2024 as compared to the third quarter of 2024 and the fourth quarter a year ago is primarily the result of increased tax benefits related to the Company’s investment in low income housing tax credits and the purchase of renewable energy tax credits.

    Community Banking

    In the most recent deposit market share data from the FDIC, Northrim’s deposit market share in Alaska increased to 15.66% of Alaska’s total deposits as of June 30, 2024 compared to 15.04% of Alaska’s total deposits as of June 30, 2023. This represents 62 basis points of growth in market share percentage for Northrim during that period while, according to the FDIC, the total deposits in Alaska were up 2.3% during the same period. Northrim opened a branch in Kodiak in the first quarter of 2023, a loan production office in Homer in the second quarter of 2023, a permanent branch in Nome in the third quarter of 2023, and a branch in Homer in the first quarter of 2024. See below for further discussion regarding the Company’s deposit movement for the quarter.

    Northrim is committed to meeting the needs of the diverse communities in which it operates. As a testament to that support, the Bank has branches in four regions of Alaska identified by the Federal Reserve as “distressed or underserved non-metropolitan middle-income geographies”.

    Net interest income in the Community Banking segment totaled $27.6 million in the fourth quarter of 2024, compared to $25.9 million in the third quarter of 2024 and $24.2 million in the fourth quarter of 2023. Net interest income increased in the fourth quarter of 2024 as compared to the third quarter of 2024 and the fourth quarter a year ago mostly due to increased interest income on loans that was only partially offset by higher interest expense on deposits.

    The following table provides highlights of the Community Banking segment of Northrim:

       
      Three Months Ended
    (Dollars in thousands, except per share data) December
    31, 2024    		 September 30,
    2024    		 June 30, 2024 March 31,
    2024    		 December
    31, 2023
    Net interest income $27,643   $25,928   $24,318   $24,215   $24,221  
    Provision (benefit) for credit losses 771   1,492   (184 ) 197   885  
    Other operating income 2,535   3,507   2,450   2,468   2,741  
    Other operating expense 19,116   18,723   18,068   17,177   18,158  
    Income before provision for income taxes 10,291   9,220   8,884   9,309   7,919  
    Provision for income taxes 1,474   2,133   1,786   1,966   1,604  
    Net income Community Banking segment $8,817   $7,087   $7,098   $7,343   $6,315  
    Weighted average shares outstanding, diluted 5,597,889   5,583,055   5,558,580   5,554,930   5,578,491  
    Diluted earnings per share $1.58   $1.26   $1.27   $1.32   $1.14  
                         
      Year Ended
    (Dollars in thousands, except per share data) December
    31, 2024    		 December
    31, 2023
    Net interest income $102,104   $95,555  
    Provision for credit losses 2,276   3,842  
    Other operating income 10,960   9,130  
    Other operating expense 73,085   69,253  
    Income before provision for income taxes 37,703   31,590  
    Provision for income taxes 7,359   6,175  
    Net income Community Banking segment $30,344   $25,415  
    Weighted average shares outstanding, diluted 5,583,983   5,661,460  
    Diluted earnings per share $5.43   $4.49  
             

    Home Mortgage Lending

    During the fourth quarter of 2024, mortgage loans funded for sale decreased to $162.5 million, of which 89% was for home purchases, compared to $210.0 million and 94% of loans funded for home purchases in the third quarter of 2024, and increased as compared to $79.7 million, of which 96% was for home purchases in the fourth quarter of 2023.

    During the fourth quarter of 2024, the Bank purchased Residential Mortgage-originated mortgage loans to hold on the Bank’s balance sheet of $23.4 million of which roughly two-thirds were jumbos and one-third were mortgages for second homes, with a weighted average interest rate of 6.30%, down from $38.1 million and 6.59% in the third quarter of 2024, and down from $27.1 million and 7.05% in the fourth quarter of 2023. Mortgage loans funded for investment has increased net interest income in the Home Mortgage Lending segment. Net interest income contributed $3.3 million to total revenue in the fourth quarter of 2024, up from $2.9 million in the prior quarter, and up from $2.3 million in the fourth quarter a year ago.

    The Arizona, Colorado, and the Pacific Northwest mortgage expansion markets were responsible for 19% of Residential Mortgage’s $186 million total production in the fourth quarter of 2024, 20% of the $248 million total production in the third quarter of 2024, and 11% of the $107 million in total production in the fourth quarter of 2023.

    The net change in fair value of mortgage servicing rights increased mortgage banking income by $873,000 during the fourth quarter of 2024 compared to a decrease of $968,000 for the third quarter of 2024 and a decrease of $1.0 million for the fourth quarter of 2023. In the fourth quarter of 2024, the Bank purchased an Alaska Housing Finance Corporation (AHFC) servicing portfolio from another financial institution for $2.3 million. At December 31, 2024, this servicing portfolio was valued at $3.1 million resulting in a $750,000 increase in fair value. Mortgage servicing revenue increased to $2.8 million in the fourth quarter of 2024 from $2.6 million in the prior quarter and increased from $2.2 million in the fourth quarter of 2023 due to an increase in production of AHFC mortgages, which contribute to servicing revenues at origination. In the fourth quarter of 2024, the Company’s mortgage servicing portfolio increased to $294.1 million, which includes the purchase of the AHFC servicing portfolio of $235.6 million, $86.3 million in new mortgage loans, net of amortization and payoffs of $27.8 million as compared to a net increase of $64.8 million in the third quarter of 2024 and $62.4 million in the fourth quarter of 2023.

    As of December 31, 2024, Northrim serviced 6,378 loans in its $1.46 billion home mortgage servicing portfolio, a 25% increase compared to the $1.17 billion serviced as of the end of the third quarter of 2024, and a 40% increase from the $1.04 billion serviced a year ago.

    The following table provides highlights of the Home Mortgage Lending segment of Northrim:

       
      Three Months Ended
    (Dollars in thousands, except per share data) December
    31, 2024    		 September 30,
    2024    		 June 30, 2024 March 31,
    2024    		 December
    31, 2023
    Mortgage loan commitments $32,299   $77,591   $88,006   $56,208   $22,926  
               
    Mortgage loans funded for sale $162,530   $209,960   $152,339   $84,324   $79,742  
    Mortgage loans funded for investment 23,380   38,087   29,175   17,403   27,114  
    Total mortgage loans funded $185,910   $248,047   $181,514   $101,727   $106,856  
    Mortgage loan refinances to total fundings 11 % 6 % 6 % 4 % 4 %
    Mortgage loans serviced for others $1,460,720   $1,166,585   $1,101,800   $1,060,007   $1,044,516  
               
    Net realized gains on mortgage loans sold $3,747   $5,079   $3,188   $1,980   $1,462  
    Change in fair value of mortgage loan commitments, net (665 ) 60   391   386   (296 )
    Total production revenue 3,082   5,139   3,579   2,366   1,166  
    Mortgage servicing revenue 2,847   2,583   2,164   1,561   2,180  
    Change in fair value of mortgage servicing rights:          
    Due to changes in model inputs of assumptions1 1,372   (566 ) 239   289   (707 )
    Other2 (499 ) (402 ) (320 ) (314 ) (301 )
    Total mortgage servicing revenue, net 3,720   1,615   2,083   1,536   1,172  
    Other mortgage banking revenue 238   293   222   129   99  
    Total mortgage banking income $7,040   $7,047   $5,884   $4,031   $2,437  
               
    Net interest income $3,280   $2,941   $2,775   $2,232   $2,276  
    Provision (benefit) for credit losses 305   571   64   (48 ) —  
    Mortgage banking income 7,040   7,047   5,884   4,031   2,437  
    Other operating expense 7,198   7,643   6,697   6,086   5,477  
    Income before provision for income taxes 2,817   1,774   1,898   225   (764 )
    Provision for income taxes 842   497   532   63   (215 )
    Net (loss) income Home Mortgage Lending segment $1,975   $1,277   $1,366   $162   ($549 )
               
    Weighted average shares outstanding, diluted 5,597,889   5,583,055   5,558,580   5,554,930   5,769,415  
    Diluted (loss) earnings per share $0.35   $0.23   $0.25   $0.03   ($0.10 )
    1Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates.
    2Represents changes due to collection/realization of expected cash flows over time.
                         
       
      Year Ended
    (Dollars in thousands, except per share data) December
    31, 2024    		 December
    31, 2023
    Mortgage loans funded for sale $609,153   $376,154  
    Mortgage loans funded for investment 108,045   146,258  
    Total mortgage loans funded $717,198   $522,412  
    Mortgage loan refinances to total fundings 7 % 4 %
         
    Net realized gains on mortgage loans sold $13,994   $7,828  
    Change in fair value of mortgage loan commitments, net 172   (102 )
    Total production revenue 14,166   7,726  
    Mortgage servicing revenue 9,155   7,368  
    Change in fair value of mortgage servicing rights:    
    Due to changes in model inputs of assumptions1 1,334   (922 )
    Other2 (1,535 ) (1,765 )
    Total mortgage servicing revenue, net 8,954   4,681  
    Other mortgage banking revenue 882   356  
    Total mortgage banking income $24,002   $12,763  
         
    Net interest income $11,228   $7,298  
    Provision for credit losses 892   —  
    Mortgage banking income 24,002   12,763  
    Other operating expense 27,624   23,497  
    Income before provision for income taxes 6,714   (3,436 )
    Provision for income taxes 1,934   (943 )
    Net (loss) income Home Mortgage Lending segment $4,780   ($2,493 )
         
    Weighted average shares outstanding, diluted 5,583,983   5,661,460  
    Diluted (loss) earnings per share $0.86   ($0.44 )
    1Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates. 
    2Represents changes due to collection/realization of expected cash flows over time.
     

    Specialty Finance

    On October 31, 2024, the Company completed the acquisition of Sallyport Commercial Finance, LLC in an all cash transaction valued at approximately $53.9 million. Sallyport Commercial Finance, LLC is a leading provider of factoring, asset based lending and alternative working capital solutions to small and medium sized enterprises in the United States, Canada, and the United Kingdom. The Company determined that a new Specialty Finance segment was appropriate for the Company upon the completion of the acquisition. The Specialty Finance segment also includes Northrim Funding Services, a division of Northrim Bank that has offered factoring solutions to small businesses since 2004. The composition of revenues for the Specialty Finance segment are primarily purchased receivable income, but also include interest income and other fee income.

    The acquisition of Sallyport included $1.13 million in one-time deal related costs which are reflected in other operating expenses for the fourth quarter and full year of 2024 in the tables below. Total pre-tax income for Sallyport for two months of operations, excluding transaction costs was $945,000.

    The following table provides highlights of the Specialty Finance segment of Northrim:

       
      Three Months Ended
    (Dollars in thousands, except per share data) December
    31, 2024    		 September 30,
    2024    		 June 30, 2024 March 31,
    2024    		 December
    31, 2023
    Purchased receivable income $3,526   $1,033   $1,243   $1,345   $1,307  
    Other operating income (68 ) —   —   —   —  
    Interest income 407   158   170   212   235  
    Total revenue 3,865   1,191   1,413   1,557   1,542  
    Provision for credit losses 125   —   —   —   —  
    Other operating expense 3,063   362   429   374   358  
    Interest expense 489   185   210   212   —  
    Total expense 3,677   547   639   586   358  
    Income before provision for income taxes 188   644   774   971   1,184  
    Provision for income taxes 53   183   218   276   337  
    Net income Specialty Finance segment $135   $461   $556   $695   $847  
    Weighted average shares outstanding, diluted 5,597,889   5,583,055   5,558,580   5,554,930   5,578,491  
    Diluted earnings per share $0.02   $0.08   $0.10   $0.13   $0.15  
                         
      Year Ended
    (Dollars in thousands, except per share data) December
    31, 2024    		 December
    31, 2023
    Purchased receivable income $7,147   $4,482  
    Other operating income (68 ) —  
    Interest income 947   403  
    Total revenue 8,026   4,885  
    Provision for credit losses 125   —  
    Other operating expense 4,228   1,431  
    Interest expense 1,096   —  
    Total expense 5,449   1,431  
    Income before provision for income taxes 2,577   3,454  
    Provision for income taxes 730   982  
    Net income Specialty Finance segment $1,847   $2,472  
    Weighted average shares outstanding, diluted 5,583,983   5,661,460  
    Diluted earnings per share $0.33   $0.44  
             

    Balance Sheet Review

    Northrim’s total assets were $3.04 billion at December 31, 2024, up 3% from the preceding quarter and up 8% from a year ago. Northrim’s loan-to-deposit ratio was 79% at December 31, 2024, up from 76% at September 30, 2024, and 72% at December 31, 2023.

    At December 31, 2024, our liquid assets and investments and loans maturing within one year were $1.01 billion and our funds available for borrowing under our existing lines of credit were $566.8 million. Given these sources of liquidity and our expectations for customer demands for cash and for our operating cash needs, we believe our sources of liquidity to be sufficient for the foreseeable future.

    Average interest-earning assets were $2.79 billion in the fourth quarter of 2024, up 4% from $2.67 billion in the third quarter of 2024 and up 7% from $2.61 billion in the fourth quarter a year ago. The average yield on interest-earning assets was 6.02% in the fourth quarter of 2024, up from 5.92% in the preceding quarter and 5.51% in the fourth quarter a year ago.

    Average investment securities decreased to $565.8 million in the fourth quarter of 2024, compared to $619.0 million in the third quarter of 2024 and $690.7 million in the fourth quarter a year ago. The average net tax equivalent yield on the securities portfolio was 2.84% for the fourth quarter of 2024, up from 2.80% in the preceding quarter and up from 2.48% in the year ago quarter. The average estimated duration of the investment portfolio at December 31, 2024, was approximately 2.4 years down from approximately 2.8 years a year ago. As of December 31, 2024, $79.0 million of available for sale securities are scheduled to mature in the next six months, $55.8 million are scheduled to mature in six months to one year, and $189.3 million are scheduled to mature in the following year, representing a total of $324.0 million or 12% of earning assets that are scheduled to mature in the next 24 months.

    Total unrealized losses, net of tax, on available for sale securities increased by $678,000 in the fourth quarter of 2024 as compared to the prior quarter, and decreased by $9.1 million compared to the fourth quarter of 2023, resulting in a total unrealized loss of $8.3 million at December 31, 2024 compared to $7.6 million at September 30, 2024 and $17.4 million a year ago. The average maturity of the available for sale securities with the majority of the unrealized loss is 1.5 years at the end of 2024. Total unrealized losses on held to maturity securities were $1.0 million at December 31, 2024, compared to $2.1 million at September 30, 2024, and $3.3 million a year ago.

    Average interest bearing deposits in other banks increased to $72.2 million in the fourth quarter from $28.4 million in the third quarter of 2024 due to higher deposit balances and maturing portfolio investments. Average interest bearing deposits in other banks decreased in the fourth quarter of this year compared to $126.2 million in the fourth quarter of 2023 as cash was used to fund the growing loan portfolio.

    Portfolio loans were $2.13 billion at December 31, 2024, up 6% from the preceding quarter and up 19% from a year ago. Portfolio loans, excluding consumer mortgage loans, were $1.86 million at December 31, 2024, up 6% or $99.9 million from $1.76 billion in the preceding quarter and up 14% from a year ago. This increase was diversified throughout the loan portfolio including commercial real estate nonowner-occupied and multi-family loans increasing by $35.1 million, construction loans increasing by $28.7 million, commercial loans increasing $24.9 million, and commercial real estate owner-occupied loans increasing $7.2 million from the preceding quarter. Average portfolio loans in the fourth quarter of 2024 were $2.07 billion, which was up 7% from the preceding quarter and up 18% from a year ago. Yields on average portfolio loans in the fourth quarter of 2024 increased slightly to 6.93% from 6.91% in the third quarter of 2024 and increased from 6.55% in the fourth quarter of 2023. The increase in the yield on portfolio loans in the fourth quarter of 2024 compared to the third quarter of 2024 and the fourth quarter a year ago is primarily due to loan repricing due to the increases in interest rates and new loans booked at higher rates due to changes in the interest rate environment. The yield on new portfolio loans, excluding consumer mortgage loans, was 7.40% in the fourth quarter of 2024 as compared to 7.43% in the third quarter of 2024 and 8.07% in the fourth quarter of 2023.

    Alaskans continue to account for substantially all of Northrim’s deposit base. Total deposits were $2.68 billion at December 31, 2024, up 2% from $2.63 billion at September 30, 2024, and up 8% from $2.49 billion a year ago. “Our bankers are working hard to continue to bring over new relationships to the Bank, which is helping to magnify normal increases in deposit balances from our customers’ business cycles,” said Ballard. At December 31, 2024, 73% of total deposits were held in business accounts and 27% of deposit balances were held in consumer accounts. Northrim had approximately 34,000 deposit customers with an average balance of $61,000 as of December 31, 2024. Northrim had 26 customers with balances over $10 million as of December 31, 2024, which accounted for $612.9 million, or 24%, of total deposits. Demand deposits decreased by 8% from the prior quarter and decreased 6% year-over-year to $706.2 million at December 31, 2024. Demand deposits decreased to 27% of total deposits at December 31, 2024 compared to 29% at September 30, 2024 and 31% of total deposits at December 31, 2023. Average interest-bearing deposits were up 9% to $1.95 billion with an average cost of 2.15% in the fourth quarter of 2024, compared to $1.80 billion and an average cost of 2.24% in the third quarter of 2024, and up 13% compared to $1.72 billion and an average cost of 2.00% in the fourth quarter of 2023. Uninsured deposits totaled $1.08 billion or 40% of total deposits as of December 31, 2024 compared to $1.1 billion or 46% of total deposits as of December 31, 2022. As interest rates continued to increase in 2022, Northrim has taken a proactive, targeted approach to increase deposit rates.

    Shareholders’ equity was $267.1 million, or $48.41 book value per share, at December 31, 2024, compared to $260.1 million, or $47.27 book value per share, at September 30, 2024 and $234.7 million, or $42.57 book value per share, a year ago. Tangible book value per share* was $39.17 at December 31, 2024, compared to $44.36 at September 30, 2024, and $39.68 per share a year ago. The increase in shareholders’ equity in the fourth quarter of 2024 as compared to the third quarter of 2024 was largely the result of earnings of $10.9 million which was partially offset by dividends paid of $3.4 million and a decrease in the fair value of the available for sale securities portfolio, which decreased $678,000, net of tax. The Company did not purchase any shares of common stock in the fourth quarter of 2024 and had 110,000 shares remaining under the current share repurchase program as of December 31, 2024. Tangible common equity to tangible assets* was 7.23% as of December 31, 2024, compared to 8.28% as of September 30, 2024 and 7.84% as of December 31, 2023. The decrease in tangible common equity to tangible assets* was primarily due to $35.0 million of Goodwill booked as part of the acquisition of Sallyport. Northrim continues to maintain capital levels in excess of the requirements to be categorized as “well-capitalized” with Tier 1 Capital to Risk Adjusted Assets of 9.76% at December 31, 2024, compared to 11.53% at September 30, 2024, and 11.43% at December 31, 2023.

    Asset Quality

    Northrim believes it has a consistent lending approach throughout the economic cycles, which emphasizes appropriate loan-to-value ratios, adequate debt coverage ratios, and competent management.

    Nonperforming assets (“NPAs”) net of government guarantees were $11.6 million at December 31, 2024, up from $5.3 million at September 30, 2024 and from $5.8 million a year ago. Of the NPAs at December 31, 2024, $3.0 million, or 26% are nonaccrual loans related to three commercial relationships, $2.8 million, or 24% is related to a Sallyport nonaccrual loan, and $3.3 million, or 28% is related to one purchased receivable relationship.

    Net adversely classified loans were $9.6 million at December 31, 2024, as compared to $6.5 million at September 30, 2024, and $7.1 million a year ago. Adversely classified loans are loans that Northrim has classified as substandard, doubtful, and loss, net of government guarantees. Net loan recoveries were $51,000 in the fourth quarter of 2024, compared to net loan recoveries of $96,000 in the third quarter of 2024, and net loan charge-offs of $96,000 in the fourth quarter of 2023.

    Northrim had $138.0 million, or 6% of total portfolio loans, in the Healthcare sector; $117.0 million, or 5% of portfolio loans, in the Tourism sector; $104.3 million, or 5% in the Accommodations sector; $87.4 million, or 4% in Retail loans; $84.6 million, or 4% of portfolio loans, in the Aviation (non-tourism) sector; $76.5 million, or 4% in the Fishing sector; and $55.1 million, or 3% in the Restaurants and Breweries sector as of December 31, 2024.

    Northrim estimates that $99.7 million, or approximately 5% of portfolio loans, had direct exposure to the oil and gas industry in Alaska, as of December 31, 2024, and $1.6 million of these loans are adversely classified. As of December 31, 2024, Northrim has an additional $45.8 million in unfunded commitments to companies with direct exposure to the oil and gas industry in Alaska, and none of these unfunded commitments are considered to be adversely classified loans. Northrim defines direct exposure to the oil and gas sector as loans to borrowers that provide oilfield services and other companies that have been identified as significantly reliant upon activity in Alaska related to the oil and gas industry, such as lodging, equipment rental, transportation and other logistics services specific to this industry.

    About Northrim BanCorp

    Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 20 branches throughout the state and differentiates itself with its detailed knowledge of Alaska’s economy and its “Customer First Service” philosophy. The Bank has two wholly-owned subsidiaries, Sallyport Commercial Finance, LLC, a specialty finance company and Residential Mortgage Holding Company, LLC, a regional home mortgage company. Pacific Wealth Advisors, LLC is an affiliated company.

    http://www.northrim.com

    Forward-Looking Statement
    This release may contain “forward-looking statements” as that term is defined for purposes of Section 21E of the Securities Exchange Act of 1934, as amended. These statements are, in effect, management’s attempt to predict future events, and thus are subject to various risks and uncertainties. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date hereof. All statements, other than statements of historical fact, regarding our financial position, business strategy, management’s plans and objectives for future operations are forward-looking statements. When used in this report, the words “anticipate,” “believe,” “estimate,” “expect,” and “intend” and words or phrases of similar meaning, as they relate to Northrim and its management are intended to help identify forward-looking statements. Although we believe that management’s expectations as reflected in forward-looking statements are reasonable, we cannot assure readers that those expectations will prove to be correct. Forward-looking statements, are subject to various risks and uncertainties that may cause our actual results to differ materially and adversely from our expectations as indicated in the forward-looking statements. These risks and uncertainties include: descriptions of Northrim’s and Sallyport’s financial condition, results of operations, asset based lending volumes, asset and credit quality trends and profitability and statements about the expected financial benefits and other effects of the acquisition of Sallyport by Northrim Bank; expected cost savings, synergies and other financial benefits from the acquisition of Sallyport by Northrim Bank might not be realized within the expected time frames and costs or difficulties relating to integration matters might be greater than expected; the ability of Northrim and Sallyport to execute their respective business plans; potential further increases in interest rates; the value of securities held in our investment portfolio; the impact of the results of government initiatives on the regulatory landscape, natural resource extraction industries, and capital markets; the impact of declines in the value of commercial and residential real estate markets, high unemployment rates, inflationary pressures and slowdowns in economic growth; changes in banking regulation or actions by bank regulators; inflation, supply-chain constraints, and potential geopolitical instability, including the wars in Ukraine and the Middle East; financial stress on borrowers (consumers and businesses) as a result of higher rates or an uncertain economic environment; the general condition of, and changes in, the Alaska economy; our ability to maintain or expand our market share or net interest margin; the sufficiency of our provision for credit losses and the accuracy of the assumptions or estimates used in preparing our financial statements, including those related to current expected credit losses accounting guidance; our ability to maintain asset quality; our ability to implement our marketing and growth strategies; our ability to identify and address cyber-security risks, including security breaches, “denial of service attacks,” “hacking,” and identity theft; disease outbreaks; and our ability to execute our business plan. Further, actual results may be affected by competition on price and other factors with other financial institutions; customer acceptance of new products and services; the regulatory environment in which we operate; and general trends in the local, regional and national banking industry and economy. In addition, there are risks inherent in the banking industry relating to collectability of loans and changes in interest rates. Many of these risks, as well as other risks that may have a material adverse impact on our operations and business, are identified in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and from time to time are disclosed in our other filings with the Securities and Exchange Commission. However, you should be aware that these factors are not an exhaustive list, and you should not assume these are the only factors that may cause our actual results to differ from our expectations. These forward-looking statements are made only as of the date of this release, and Northrim does not undertake any obligation to release revisions to these forward-looking statements to reflect events or conditions after the date of this release.

    References:

    https://www.bea.gov/

    http://almis.labor.state.ak.us/

    http://www.tax.alaska.gov/programs/oil/prevailing/ans.aspx

    http://www.tax.state.ak.us/

    http://www.mba.org

    https://www.alaskarealestate.com/MLSMember/RealEstateStatistics.aspx

    https://www.capitaliq.spglobal.com/web/client?auth=inherit&overridecdc=1&#markets/indexFinancials

                 
    Income Statement            
    (Dollars in thousands, except per share data) Three Months Ended   Year-to-date
    (Unaudited) December 31, September 30, December 31,   December 31, December 31,
      2024 2024 2023   2024 2023
    Interest Income:            
    Interest and fees on loans $37,059   $34,863   $29,508     $134,739   $108,612  
    Interest on investments 3,844   4,164   4,677     16,838   18,695  
    Interest on deposits in banks 883   389   1,743     2,342   4,644  
    Total interest income 41,786   39,416   35,928     153,919   131,951  
    Interest Expense:            
    Interest expense on deposits 10,568   10,123   8,676     39,347   26,511  
    Interest expense on borrowings 377   451   520     1,389   2,184  
    Total interest expense 10,945   10,574   9,196     40,736   28,695  
    Net interest income 30,841   28,842   26,732     113,183   103,256  
                 
    Provision for credit losses 1,201   2,063   885     3,293   3,842  
    Net interest income after provision for            
    loan losses 29,640   26,779   25,847     109,890   99,414  
                 
    Other Operating Income:            
    Mortgage banking income 7,040   7,047   2,437     24,002   12,763  
    Purchased receivable income 3,526   1,033   1,307     7,146   4,482  
    Bankcard fees 1,148   1,196   946     4,366   3,862  
    Service charges on deposit accounts 622   605   532     2,348   2,044  
    Gain on sale of securities 112   —   —     112   —  
    Unrealized gain (loss) on marketable equity securities (364 ) 576   565     465   120  
    Other income 949   1,130   698     3,602   3,104  
    Total other operating income 13,033   11,587   6,485     42,041   26,375  
                 
    Other Operating Expense:            
    Salaries and other personnel expense 18,254   17,549   15,417     67,847   61,741  
    Data processing expense 3,108   2,618   2,500     10,986   9,821  
    Occupancy expense 1,893   1,911   1,783     7,609   7,394  
    Professional and outside services 1,967   903   802     4,351   3,128  
    Marketing expense 965   860   933     3,028   2,929  
    Insurance expense 894   596   675     2,961   2,519  
    OREO expense, net rental income and gains on sale 2   2   (28 )   (385 ) (794 )
    Intangible asset amortization expense —   —   6     —   17  
    Other operating expense 2,294   2,289   1,905     8,540   7,426  
    Total other operating expense 29,377   26,728   23,993     104,937   94,181  
                 
    Income before provision for income taxes 13,296   11,638   8,339     46,994   31,608  
    Provision for income taxes 2,369   2,813   1,726     10,023   6,214  
    Net income $10,927   $8,825   $6,613     $36,971   $25,394  
                 
    Basic EPS $1.99   $1.60   $1.19     $6.72   $4.53  
    Diluted EPS $1.95   $1.57   $1.19     $6.62   $4.49  
    Weighted average common shares outstanding, basic 5,509,078   5,501,943   5,513,041     5,502,797   5,601,471  
    Weighted average shares outstanding, diluted 5,597,889   5,583,055   5,578,491     5,583,983   5,661,460  
                           
    Balance Sheet      
    (Dollars in thousands)      
    (Unaudited) December 31, September 30, December 31,
      2024 2024 2023
           
    Assets:      
    Cash and due from banks $42,101   $42,805   $27,457  
    Interest bearing deposits in other banks 20,635   60,071   91,073  
    Investment securities available for sale, at fair value 478,617   545,210   637,936  
    Investment securities held to maturity 36,750   36,750   36,750  
    Marketable equity securities, at fair value 8,719   12,957   13,153  
    Investment in Federal Home Loan Bank stock 5,331   4,318   2,980  
    Loans held for sale 59,957   97,937   31,974  
    Portfolio loans 2,129,263   2,007,565   1,789,497  
    Allowance for credit losses, loans (22,020 ) (19,528 ) (17,270 )
    Net portfolio loans 2,107,243   1,988,037   1,772,227  
    Purchased receivables, net 74,078   23,564   36,842  
    Mortgage servicing rights, at fair value 26,439   21,570   19,564  
    Premises and equipment, net 37,757   39,625   40,693  
    Operating lease right-of-use assets 7,455   7,616   9,092  
    Goodwill and intangible assets 50,968   15,967   15,967  
    Other assets 85,819   66,965   71,789  
    Total assets $3,041,869   $2,963,392   $2,807,497  
           
    Liabilities:      
    Demand deposits $706,225   $763,595   $749,683  
    Interest-bearing demand 1,108,404   979,238   927,291  
    Savings deposits 250,900   245,043   255,338  
    Money market deposits 196,290   201,821   221,492  
    Time deposits 418,370   435,870   331,251  
    Total deposits 2,680,189   2,625,567   2,485,055  
    Other borrowings 23,045   13,354   13,675  
    Junior subordinated debentures 10,310   10,310   10,310  
    Operating lease liabilities 7,487   7,635   9,092  
    Other liabilities 53,722   46,476   54,647  
    Total liabilities 2,774,753   2,703,342   2,572,779  
           
    Shareholders’ Equity:      
    Total shareholders’ equity 267,116   260,050   234,718  
    Total liabilities and shareholders’ equity $3,041,869   $2,963,392   $2,807,497  
           

    Additional Financial Information
    (Dollars in thousands)
    (Unaudited)

    Composition of Portfolio Loans                        
      December 31,
    2024    		   September 30,
    2024    		   June 30, 2024   March 31, 2024   December 31,
    2023
      Balance % of
    total    		   Balance % of
    total    		   Balance % of
    total    		   Balance % of
    total    		   Balance % of
    total
    Commercial loans $518,148   24 %   $492,414   24 %   $495,781   26 %   $475,220   26 %   $486,057   27 %
    Commercial real estate:                            
    Owner occupied properties 420,060   20 %   412,827   20 %   383,832   20 %   372,507   20 %   368,357   20 %
    Nonowner occupied and multifamily properties 619,431   29 %   584,302   31 %   551,130   30 %   529,904   30 %   519,115   30 %
    Residential real estate:                            
    1-4 family properties secured by first liens 270,535   13 %   248,514   12 %   222,026   12 %   218,552   12 %   203,534   11 %
    1-4 family properties secured by junior liens & revolving secured by first liens 48,857   2 %   45,262   2 %   41,258   2 %   35,460   2 %   33,783   2 %
    1-4 family construction 39,789   2 %   39,794   2 %   29,510   2 %   27,751   2 %   31,239   2 %
    Construction loans 214,068   10 %   185,362   9 %   154,009   8 %   153,537   8 %   149,788   8 %
    Consumer loans 7,562   — %   7,836   — %   6,679   — %   6,444   — %   6,180   — %
    Subtotal 2,138,450       2,016,311       1,884,225       1,819,375       1,798,053    
    Unearned loan fees, net (9,187 )     (8,746 )     (8,318 )     (8,240 )     (8,556 )  
    Total portfolio loans $2,129,263       $2,007,565       $1,875,907       $1,811,135       $1,789,497    
                                 
    Composition of Deposits                        
      December 31, 2024   September 30, 2024   June 30, 2024   March 31, 2024   December 31, 2023
      Balance % of
    total    		   Balance % of
    total    		   Balance % of
    total    		   Balance % of
    total    		   Balance % of
    total
    Demand deposits $706,225   27 %   $763,595   29 %   $704,471   29 %   $714,244   29 %   $749,683   31 %
    Interest-bearing demand 1,108,404   41 %   979,238   37 %   906,010   36 %   889,581   37 %   927,291   37 %
    Savings deposits 250,900   9 %   245,043   9 %   238,156   10 %   246,902   10 %   255,338   10 %
    Money market deposits 196,290   7 %   204,821   8 %   195,159   8 %   209,785   9 %   221,492   9 %
    Time deposits 418,370   16 %   435,870   17 %   420,010   17 %   373,571   15 %   331,251   13 %
    Total deposits $2,680,189       $2,628,567       $2,463,806       $2,434,083       $2,485,055    
                                           

    Additional Financial Information
    (Dollars in thousands)
    (Unaudited)

    Asset Quality
    		 December 31, September 30, December 31,
        2024 2024 2023
      Nonaccrual loans $7,516   $4,944   $6,069  
      Loans 90 days past due and accruing 17   17   —  
      Total nonperforming loans 7,533   4,961   6,069  
      Nonperforming loans guaranteed by government —   —   (1,067 )
      Net nonperforming loans 7,533   4,961   5,002  
      Repossessed assets 297   297   —  
      Nonperforming purchased receivables 3,768   —   808  
      Net nonperforming assets $11,598   $5,258   $5,810  
      Nonperforming loans, net of government guarantees / portfolio loans 0.35 % 0.25 % 0.28 %
      Nonperforming loans, net of government guarantees / portfolio loans, net of government guarantees 0.38 % 0.26 % 0.30 %
      Nonperforming assets, net of government guarantees / total assets 0.38 % 0.18 % 0.21 %
      Nonperforming assets, net of government guarantees / total assets net of government guarantees 0.40 % 0.19 % 0.21 %
                   
      Adversely classified loans, net of government guarantees $9,636   $6,503   $7,057  
      Special mention loans, net of government guarantees $19,769   $9,641   $6,580  
      Loans 30-89 days past due and accruing, net of government guarantees / portfolio loans 0.03 % 0.08 % 0.03 %
      Loans 30-89 days past due and accruing, net of government guarantees / portfolio loans, net of government guarantees 0.03 % 0.09 % 0.03 %
                   
      Allowance for credit losses – loans / portfolio loans 1.03 % 0.97 % 0.97 %
      Allowance for credit losses – loans / portfolio loans, net of government guarantees 1.10 % 1.04 % 1.02 %
      Allowance for credit losses – loans / nonperforming loans, net of government guarantees 292 % 394 % 345 %
                   
      Allowance for credit losses – purchased receivables / purchased receivables 4.69 % — % — %
      Allowance for credit losses – purchased receivables / nonperforming purchased receivables 97 % — % — %
                   
      Gross loan charge-offs for the quarter $149   $15   $281  
      Gross loan recoveries for the quarter ($200 ) ($111 ) ($185 )
      Net loan (recoveries) charge-offs for the quarter ($51 ) ($96 ) $96  
      Net loan (recoveries) charge-offs year-to-date ($215 ) ($164 ) ($38 )
      Net loan (recoveries) charge-offs for the quarter / average loans, for the quarter 0.00 % 0.00 % 0.01 %
      Net loan (recoveries) charge-offs year-to-date / average loans, year-to-date annualized (0.01 )% (0.01 )% 0.00 %
                   

    Additional Financial Information
    (Dollars in thousands)
    (Unaudited)

    Average Balances, Yields, and Rates                            
      Three Months Ended
      December 31, 2024   September 30, 2024   December 31, 2023
        Average     Average     Average
      Average Tax
    Equivalent    		   Average Tax
    Equivalent    		   Average Tax
    Equivalent
      Balance Yield/Rate   Balance Yield/Rate   Balance Yield/Rate
    Assets              
    Interest bearing deposits in other banks $72,212   4.72 %   $28,409   5.28 %   $126,174   5.40 %
    Portfolio investments 565,785   2.84 %   619,012   2.80 %   690,659   2.48 %
    Loans held for sale 83,304   5.97 %   93,689   6.20 %   45,732   6.55 %
    Portfolio loans 2,066,216   6.93 %   1,933,181   6.91 %   1,749,732   6.55 %
    Total interest-earning assets 2,787,517   6.02 %   2,674,291   5.92 %   2,612,297   5.51 %
    Nonearning assets 251,364       196,266       214,934    
    Total assets $3,038,881       $2,870,557       $2,827,231    
                   
    Liabilities and Shareholders’ Equity              
    Interest-bearing deposits $1,954,495   2.15 %   $1,796,107   2.24 %   $1,724,409   2.00 %
    Borrowings 29,251   3.95 %   43,555   4.07 %   47,964   4.25 %
    Total interest-bearing liabilities 1,983,746   2.18 %   1,839,662   2.29 %   1,772,373   2.06 %
                   
    Noninterest-bearing demand deposits 738,911       722,000       760,566    
    Other liabilities 49,815       52,387       63,321    
    Shareholders’ equity 266,409       256,508       230,971    
    Total liabilities and shareholders’ equity $3,038,881       $2,870,557       $2,827,231    
    Net spread   3.84 %   3.63 %     3.45 %
    NIM   4.41 %   4.29 %     4.06 %
    NIMTE*   4.47 %   4.35 %     4.12 %
    Cost of funds   1.59 %   1.64 %     1.44 %
    Average portfolio loans to average interest-earning assets 74.12 %     72.29 %     66.98 %  
    Average portfolio loans to average total deposits 76.71 %     76.77 %     70.41 %  
    Average non-interest deposits to average total deposits 27.43 %     28.67 %     30.61 %  
    Average interest-earning assets to average interest-bearing liabilities 140.52 %     145.37 %     147.39 %  
                           

    Additional Financial Information
    (Dollars in thousands)
    (Unaudited)

    Average Balances, Yields, and Rates          
      Year-to-date
      December 31, 2024   December 31, 2023
        Average     Average
      Average Tax Equivalent   Average Tax Equivalent
      Balance Yield/Rate   Balance Yield/Rate
    Assets          
    Interest bearing deposits in other banks $44,913   5.09 %   $91,161   5.02 %
    Portfolio investments 623,756   2.82 %   715,367   2.43 %
    Loans held for sale 68,790   6.08 %   41,769   6.19 %
    Portfolio loans 1,910,156   6.87 %   1,643,943   6.49 %
    Total interest-earning assets 2,647,615   5.86 %   2,492,240   5.36 %
    Nonearning assets 213,397       198,107    
    Total assets $2,861,012       $2,690,347    
               
    Liabilities and Shareholders’ Equity          
    Interest-bearing deposits $1,802,286   2.18 %   $1,614,386   1.64 %
    Borrowings 33,799   3.81 %   51,038   4.24 %
    Total interest-bearing liabilities 1,836,085   2.21 %   1,665,424   1.72 %
               
    Noninterest-bearing demand deposits 718,163       749,859    
    Other liabilities 55,265       47,820    
    Shareholders’ equity 251,499       227,244    
    Total liabilities and shareholders’ equity $2,861,012       $2,690,347    
    Net spread   3.65 %     3.64 %
    NIM   4.28 %     4.14 %
    NIMTE*   4.33 %     4.21 %
    Cost of funds   1.59 %     1.19 %
    Average portfolio loans to average interest-earning assets 72.15 %     65.96 %  
    Average portfolio loans to average total deposits 75.79 %     69.53 %  
    Average non-interest deposits to average total deposits 28.49 %     31.72 %  
    Average interest-earning assets to average interest-bearing liabilities 144.20 %     149.65 %  
                   

    Additional Financial Information
    (Dollars in thousands, except per share data)
    (Unaudited)

    Capital Data (At quarter end)          
      December 31,
    2024    		   September 30, 2024   December 31,
    2023
    Book value per share $48.41     $47.27     $42.57  
    Tangible book value per share* $39.17     $44.36     $39.68  
    Total shareholders’ equity/Total assets 8.78 %   8.78 %   8.36 %
    Tangible common equity/Tangible assets* 7.23 %   8.28 %   7.84 %
    Tier 1 capital / Risk adjusted assets 9.76 %   11.53 %   11.43 %
    Total capital / Risk adjusted assets 10.94 %   12.50 %   12.35 %
    Tier 1 capital / Average assets 7.68 %   9.08 %   8.72 %
    Common shares outstanding 5,518,210     5,501,943     5,513,459  
    Unrealized gain on AFS debt securities, net of income taxes ($8,295 )   ($7,617 )   ($17,415 )
    Unrealized (loss) on derivatives and hedging activities, net of income taxes $1,272     $863     $978  
                     
    Profitability Ratios                            
      December 31,
    2024    		   September
    30, 2024    		   June 30, 2024   March 31,
    2024    		   December 31,
    2023
    For the quarter:                            
    NIM 4.41 %   4.29 %   4.24 %   4.16 %   4.06 %
    NIMTE* 4.47 %   4.35 %   4.30 %   4.22 %   4.12 %
    Efficiency ratio 66.96 %   66.11 %   68.78 %   68.93 %   72.21 %
    Return on average assets 1.43 %   1.22 %   1.31 %   1.19 %   0.93 %
    Return on average equity 16.32 %   13.69 %   14.84 %   13.84 %   11.36 %
                                 
      December 31,
    2024    		   December 31,
    2023
    Year-to-date:          
    NIM 4.28 %   4.14 %
    NIMTE* 4.33 %   4.21 %
    Efficiency ratio 67.60 %   72.64 %
    Return on average assets 1.29 %   0.94 %
    Return on average equity 14.70 %   11.17 %
               

    *Non-GAAP Financial Measures
    (Dollars and shares in thousands, except per share data)
    (Unaudited)

    Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied, and are not audited. Although we believe these non-GAAP financial measures are frequently used by stakeholders in the evaluation of the Company, they have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of results as reported under GAAP.

    Net interest margin on a tax equivalent basis

    Net interest margin on a tax equivalent basis (“NIMTE”) is a non-GAAP performance measurement in which interest income on non-taxable investments and loans is presented on a tax equivalent basis using a combined federal and state statutory rate of 28.43% in both 2023 and 2022. The most comparable GAAP measure is net interest margin and the following table sets forth the reconciliation of NIMTE to net interest margin.

       
      Three Months Ended
      December 31,
    2024    		   September 30,
    2024    		   June 30, 2024   March 31,
    2024    		   December 31,
    2023
    Net interest income $30,841     $28,842     $27,053     $26,447     $26,732  
    Divided by average interest-bearing assets 2,787,517     2,674,291     2,568,266     2,558,558     2,612,297  
    Net interest margin (“NIM”)2 4.41 %   4.29 %   4.24 %   4.16 %   4.06 %
                       
    Net interest income $30,841     $28,842     $27,053     $26,447     $26,732  
    Plus: reduction in tax expense related to tax-exempt interest income 379     385     378     379     374  
      $31,220     $29,227     $27,431     $26,826     $27,106  
    Divided by average interest-bearing assets 2,787,517     2,674,291     2,568,266     2,558,558     2,612,297  
    NIMTE2 4.47 %   4.35 %   4.30 %   4.22 %   4.12 %
                                 
      Year-to-date
      December 31,
    2024    		   December 31,
    2023
    Net interest income $113,183     $103,256  
    Divided by average interest-bearing assets 2,647,615     2,492,240  
    Net interest margin (“NIM”)3 4.28 %   4.14 %
           
    Net interest income $113,183     $103,256  
    Plus: reduction in tax expense related to tax-exempt interest income 1,521     1,576  
      $114,704     $104,832  
    Divided by average interest-bearing assets 2,647,615     2,492,240  
    NIMTE3 4.33 %   4.21 %
               
    2Calculated using actual days in the quarter divided by 366 for the quarters ended in 2024 and 365 for the quarters ended in 2023, respectively.
               
    3Calculated using actual days in the year divided by 366 for year-to-date period in 2024 and 365 for year-to-date period in 2023, respectively.
               

    *Non-GAAP Financial Measures

    (Dollars and shares in thousands, except per share data)
    (Unaudited)

    Tangible Book Value

    Tangible book value is a non-GAAP measure defined as shareholders’ equity, less intangible assets, divided by common shares outstanding. The most comparable GAAP measure is book value per share and the following table sets forth the reconciliation of tangible book value per share and book value per share.

                       
      December 31,
    2024    		   September 30,
    2024    		   June 30, 2024   March 31,
    2024    		   December 31,
    2023
                       
    Total shareholders’ equity $267,116     $260,050     $247,200     $239,327     $234,718  
    Divided by common shares outstanding 5,518     5,502     5,502     5,500     5,513  
    Book value per share $48.41     $47.26     $44.93     $43.52     $42.57  
                                 
      December 31,
    2024    		   September 30,
    2024    		   June 30, 2024   March 31,
    2024    		   December 31,
    2023
                       
    Total shareholders’ equity $267,116     $260,050     $247,200     $239,327     $234,718  
    Less: goodwill and intangible assets 50,968     15,967     15,967     15,967     15,967  
      $216,148     $244,083     $231,233     $223,360     $218,751  
    Divided by common shares outstanding 5,518     5,502     5,502     5,500     5,513  
    Tangible book value per share $39.17     $44.36     $43.52     $40.61     $39.68  
                                 

    Tangible Common Equity to Tangible Assets

    Tangible common equity to tangible assets is a non-GAAP ratio that represents total equity less goodwill and intangible assets divided by total assets less goodwill and intangible assets. The most comparable GAAP measure of shareholders’ equity to total assets is calculated by dividing total shareholders’ equity by total assets and the following table sets forth the reconciliation of tangible common equity to tangible assets and shareholders’ equity to total assets.

                       
    Northrim BanCorp, Inc. December 31,
    2024    		   September 30,
    2024    		   June 30,
    2024    		   March 31,
    2024    		   December 31,
    2023
                       
    Total shareholders’ equity $267,116     $260,050     $247,200     $239,327     $234,718  
    Total assets 3,041,869     2,963,392     2,821,668     2,759,560     2,807,497  
    Total shareholders’ equity to total assets 8.78 %   8.78 %   8.76 %   8.67 %   8.36 %
                                 
    Northrim BanCorp, Inc. December 31,
    2024    		   September 30,
    2024    		   June 30, 2024   March 31,
    2024    		   December 31,
    2023
    Total shareholders’ equity $267,116     $260,050     $247,200     $239,327     $234,718  
    Less: goodwill and other intangible assets, net 50,968     15,967     15,967     15,967     15,967  
    Tangible common shareholders’ equity $216,148     $244,083     $231,233     $223,360     $218,751  
                       
    Total assets $3,041,869     $2,963,392     $2,821,668     $2,759,560     $2,807,497  
    Less: goodwill and other intangible assets, net 50,968     15,967     15,967     15,967     15,967  
    Tangible assets $2,990,901     $2,947,425     $2,805,701     $2,743,593     $2,791,530  
    Tangible common equity ratio 7.23 %   8.28 %   8.24 %   8.14 %   7.84 %
                                 

    Note Transmitted on GlobeNewswire on January 24, 2025, at 12:15 pm Alaska Standard Time.

       
    Contact: Mike Huston, President, CEO, and COO
      (907) 261-8750
      Jed Ballard, Chief Financial Officer
      (907) 261-3539
       

    The MIL Network –

  • MIL-OSI Russia: January 25 is the day of the legal end of the war between the USSR and Germany

    Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    On June 22, 1941, Nazi German troops treacherously invaded the territory of the Soviet Union, marking the beginning of the bloodiest war in history.

    The Second World War in Europe ended on May 9, 1945, when Germany signed the act of surrender. But legally, the Soviet Union stopped considering Germany an enemy only on January 25, 1955. On that day, the Decree of the Presidium of the Supreme Soviet of the USSR “On the termination of the state of war between the Soviet Union and Germany” was issued.

    Why did it take 10 years between the end of the fighting and this decree? The document itself explains that at the Potsdam Conference in 1945, the victorious countries decided that Germany should become a united, peaceful and democratic country. It was also decided that a peace treaty should be signed with Germany.

    But 10 years passed and Germany was still divided and there was no peace treaty. The Soviet government believed that this was wrong and that the German people should not be in an unequal position compared to other nations.

    The decree stated that the USA, England and France were doing everything to ensure that West Germany rearmed and joined military alliances. This prevented an agreement to unite Germany on peaceful terms and sign a peace treaty.

    Despite this, the Soviet leadership decided to put an end to these difficult relations and declare peace with Germany.

    “Having in mind the strengthening and development of friendly relations between the Soviet Union and the German Democratic Republic, based on the recognition of the principles of sovereignty and equality, taking into account the opinion of the Government of the German Democratic Republic and taking into account the interests of the population of both East and West Germany.

    The Presidium of the Supreme Soviet of the USSR by this Decree declares:

    The state of war between the Soviet Union and Germany is terminated and peaceful relations are established between them. All legal restrictions arising in connection with the war with respect to German citizens who were considered citizens of an enemy state are no longer in force. The declaration of the termination of the state of war with Germany does not change its international obligations and does not affect the rights and obligations of the Soviet Union arising from existing international agreements of the four powers concerning Germany as a whole.”

    The document was signed by the Chairman and Secretary of the Presidium of the Supreme Soviet of the USSR K. Voroshilov and N. Pegov.

    Did you know about this fact? Share in the comments on our official pages.

    Subscribe to the TG channel “Our GUU” Date of publication: 01/25/2025

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

    MIL OSI Russia News –

  • MIL-OSI Security: Nuclear Energy in the Clean Energy Transition

    Source: International Atomic Energy Agency – IAEA

    Dispatchable energy

    Unlike wind and solar, nuclear power plants and hydropower offer dispatchable energy, meaning they are able to adjust their output to meet electricity demand. Additionally, the expanded use of nuclear power for non-electric applications, including district heating, hydrogen production, desalination and heat for industrial processes, offers further options to reduce emissions.

    To support this increasing nuclear energy demand, the IAEA is actively assisting countries by providing technical expertise and capacity building to help them establish or expand nuclear power plants.

    Integrated Nuclear Infrastructure Reviews (INIR) are an example where the IAEA assists countries to assess the status of their national infrastructure as they embark on establishing nuclear power plants. INIR missions enable countries to engage in discussions and receive guidance from experts about recommendations and best practices in nuclear power infrastructure development.

    These missions ensure that the infrastructure necessary for the safe, secure and sustainable use of nuclear power is developed and implemented in a responsible and orderly manner.

    In 2009, the IAEA conducted the first INIR Mission to a country initiating the use of nuclear power. Since then, INIR missions have been hosted by various states including the United Arab Emirates, that has successfully established the Barakah Nuclear Energy Plant. This year, it is expected to supply around 25 per cent of the UAE’s electricity, up from its current contribution of 20 per cent, reducing the country’s carbon emissions by 22 million tonnes annually.

    Similarly, countries like Sweden, France and Finland have utilized nuclear energy combined with hydro and renewables to largely decarbonize their electricity production.  France has an extremely low level of CO2 emissions from electricity generation, since over 90 per cent of its electricity is from low-carbon sources, 70 per cent of that from nuclear power. And 94 percent of Sweden’s electricity comes from low carbon sources in Sweden with more than a third coming from nuclear, according to the IEA.

    Newcomer countries

    The IAEA is also supporting newcomer countries and developing countries in their transition to nuclear energy, with trainings, technical assistance, and technology transfer of tools and methodologies to help them evaluate the role of different technologies in meeting their future energy needs while reducing greenhouse gas emissions. 

    “A few years ago, discussions might have been about phasing out nuclear energy. Today, at the World Economic Forum, we’re on the road to tripling nuclear capacity. This shows a shift in how nuclear energy is increasingly seen as essential for net-zero and energy transition,” said Mr Grossi this week at the first ever public session on nuclear energy at the World Economic forum Annual Meeting in Davos.

    The IAEA’s latest projections indicate that world nuclear capacity will increase 2.5 times the current capacity by 2050. At present, 31 countries operate power plants, with 419 reactors in operation, a combined electrical capacity of 378.1 gigawatt GW, producing about 10 per cent of the world’s electricity.  Additionally, over 62 reactors are currently under construction, highlighting the growing adoption of nuclear energy worldwide.

    “I am confident 2025 will see commitments translated into concrete projects. Nuclear energy is still providing the world with a quarter of its low-carbon power and supporting the roll out of intermittent renewables like solar and wind. In future we will see even more nuclear deliver the clean, reliable, and secure power the world needs. As always, IAEA will be there to assist countries in making it happen,” said Mr Grossi.

    MIL Security OSI –

  • MIL-OSI USA: Senator Peters Helps Lead Legislation to Award Congressional Gold Medals to “Miracle on Ice” Olympic Hockey Team

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, DC – U.S. Senator Gary Peters (MI) joined a bipartisan coalition in introducing the Miracle on Ice Congressional Gold Medal Act, legislation that seeks to honor members of the U.S. Olympic Men’s Hockey Team and their historic victory over the Soviet Union at the 1980 Winter Olympic Games.  
    In February 1980, the United States Olympic Men’s Ice Hockey Team defeated the Soviet Union 4-3 in the semifinals of the 1980 Winter Olympic men’s hockey tournament in Lake Placid, New York. Team USA, comprised of 20 amateur collegiate hockey players, defied expectations by defeating the four-time Olympic champion Soviet Union team in a game referred to as the “Miracle on Ice.”  
    “This bill recognizes the players of the 1980 U.S. Men’s Ice Hockey Team, whose hard-earned victory against the Soviet Union shocked the world and brought our nation together during a challenging time in our history,” said Senator Peters. “To this day, the ‘Miracle on Ice’ serves as a reminder to all Americans that when we work together with a common goal, we are capable of great things.” 
    Team USA went on to secure the Olympic gold medal win, defeating Finland by a score of 4-2. Two Michiganders were members of the 1980 U.S. Men’s Hockey Team:  
    Ken Morrow: Defensemen Ken Morrow was born in Flint and grew up in Davison. Following his Olympic gold medal win, Morrow joined the New York Islanders and helped his team win the Stanley Cup in his first NHL season. Morrow and the Islanders went on to win the Stanley Cup again in the next three seasons, 1981, 1982, and 1983. He officially retired from Hockey in 1989 and was inducted into the United States Hockey Hall of Fame in 1995.  
    Mark Wells: Center Mark Wells grew up in St. Clair Shores. Wells’ two-year professional career included stints on NHL Minor League Teams, including the Flint Generals. He returned to Michigan after his retirement from hockey, where he lived until his death in May 2024. The ice rink at the St. Clair Shores Civic Center was renamed after Wells in 2014. 
    The Miracle on Ice Congressional Gold Medal Act will award three Congressional Gold Medals to members of the 1980 U.S. Olympic Men’s Ice Hockey Team, which will be displayed at the U.S. Olympic and Paralympic Museum in Colorado, the United States Hockey Hall of Fame in Minnesota, and the Lake Placid Olympic Center in New York.  
    The “Miracle on Ice” came at a pivotal time in American history, amid growing pressures of the Cold War and increased tensions with the Soviet Union. Team USA’s victory was viewed as a moment of American patriotism, and their story continues to inspire the new generations of Americans today.  
     

    MIL OSI USA News –

  • MIL-OSI USA: Hoeven, Colleagues Reintroduce FARM Act to Add Ag Secretary to CFIUS

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven

    01.24.25

    WASHINGTON – Senator John Hoeven joined Senator Tommy Tuberville (R-AL) and Senator John Fetterman (D-PA) in reintroducing the bipartisan, bicameral Foreign Adversary Risk Management (FARM) Act, to permanently add the U.S. Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS), the governmental body that oversees the vetting process of foreign investment and acquisition of American companies. Currently, CFIUS does not directly consider the needs of the agriculture industry when reviewing foreign investment and ownership in domestic businesses.

    “Our foreign adversaries are buying up American farmland and threatening American food security,” said Senator Hoeven. “We must have stronger supervision of foreign investments that affect the American food supply, and this bill will help achieve that by adding the Agriculture Secretary to CFIUS. This is a logical step to protect our essential food infrastructure and ensure North Dakota and our country remains a leader in agriculture.”

    “Over the last decade, we’ve seen a surge of American farmland purchases from our foreign adversaries,” said Senator Tuberville. “These foreign investments are now reaching every piece of the very large puzzle that makes up our agriculture industry, from farming and processing to packaging and shipping. Food security is national security, and we cannot allow our adversaries to have a foot in the door to our critical supply chains. We must prioritize oversight of foreign investment in our food supply chains, especially from Russia, China, North Korea, and Iran. This starts with giving the agriculture community a permanent seat at the table on CFIUS. As Alabama’s voice on the Senate Ag Committee, I will keep fighting to secure our ag supply chains so that our agriculture community can continue to put food on the table for American families.” 

    “Pennsylvania is home to about 50,000 farms and the farmers who power them already face enough challenges to stay competitive. They shouldn’t also have to compete with foreign adversaries buying up American farmland,” said Senator Fetterman. “America’s farms are critical infrastructure, and CFIUS exists to protect our critical infrastructure from foreign threats. So, adding the Secretary of Agriculture is just plain common sense. I’ve said it before, and I’ll say it again: foreign adversaries have no business owning American farmland. This bill makes that clear and I’m proud to partner with my colleague to get it done.”

      Joining Hoeven, Tuberville and Fetterman in reintroducing this legislation are Senators Roger Marshall (R-KS), Rick Scott (R-FL), Eric Schmitt (R-MO), Kevin Cramer (R-ND), Katie Britt (R-AL), Marsha Blackburn (R-TN), Deb Fischer (R-NE), Steve Daines (R-MT), Cynthia Lummis (R-WY), and Tim Sheehy (R-MT).

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Council Service Update January 24

    Source: Northern Ireland – City of Derry

    Council Service Update January 24

    24 January 2025

    Council continues to work with local agencies in the ongoing emergency response to Storm Éowyn which has resulted in significant damage to roads and property throughout the City and District.

    This is compounded by the potential risk of snow and ice forecast for this evening which will make efforts to assess and repair damages even more challenging tomorrow.

    We hope to resume normal Council services as soon as it is safe to do so, but the health and safety of both staff and the general public is our first priority.

    We will begin the process of assessing any impacts on Council sites early tomorrow, but please note that further delays to services are expected.

     Bin collections

    Refuse crew will be out on the ground from 8am tomorrow to collect as many bins as possible that were scheduled for collection today, but we will only be able to do so if it is safe.  Please leave bins in a sheltered place later this evening or early tomorrow morning if you can. Any missed bins will be collected as soon as possible.

     

    Cemeteries and outdoor sites

    Efforts are being made to reopen Council cemeteries, parks, and recycling centres tomorrow morning following assessment.

    Burials will be prioritized, with a number scheduled to take place tomorrow. The cemeteries will open to the wider public as soon as they have been inspected and are safe. 

    Leisure Centres and other venues

    Leisure Centres, the Guildhall and other cultural and community venues will open tomorrow as usual following inspections.

    Grass and 3G pitches will also open subject to pitch inspections for any storm damage.

    We will continue to provide regular updates on our social media platforms and appreciate your patience and cooperation as we work towards restoring full services. Please follow the guidance of the PSNI and stay home and stay safe while warnings are in place.

     

    Emergency Information

    • Stay up to date with the weather forecast for your area and follow advice from emergency services and local authorities.

    • Further updates – Click on – UK weather warnings – Met Office

    Emergency Contact numbers:

    Emergency services 999 or 112

    Flooding Incident Line – 0300 2000 100

    NI Electricity Networks – 03457 643 643

    NI Gas Emergency Service – 0800 002 001

    NI Water – 03457 440 088

    Housing Executive – 03448 920 901

    Report a blocked road – 0300 200 7891

    For further advice see:

    • https://www.nidirect.gov.uk/camp…/be-ready-for-emergencies

    • http://www.metoffice.gov.uk/guide/weather/warnings

    • https://www.metoffice.gov.uk/…/env…/community-resilience

    • https://www.infrastructure-ni.gov.uk/…/dfi-rivers-water…

    • https://twitter.com/nidirect

    • Report a road drainage fault (https://www.nidirect.gov.uk/…/report-road-drainage-fault);

    NB – register on the Met Office website or download the Met Office app to receive weather warnings; http://www.metoffice.gov.uk/…/mobile…/weather-app

    MIL OSI United Kingdom –

  • MIL-OSI USA: Governor Polis Joins Local Leaders in Welcoming Slovenian Delegation to Pueblo, Celebrates Bojon Community and Decades-Long Military Partnership

    Source: US State of Colorado

    PUEBLO – Today, Governor Polis joined Mayor Heather Graham, former Mayor Nick Gradisar and Pueblo Community College President Dr. Chato Hazelbaker in welcoming a delegation from Slovenia to Pueblo that included Slovenian Ambassador H.E. Mr. Iztok Mirošič, and Consul Tamara Gorenc. 

    “Pueblo and Colorado’s deep ties with Slovenia have been built on over a century of trust and partnership since the first Slovene families arrived in Pueblo in the 1880s. This visit is an also exciting opportunity to celebrate 30 years of strong military cooperation between the Colorado National Giard and Slovenia , and further strengthen ties that benefit Coloradans and Slovenians alike,” said Governor Jared Polis.

     Colorado and Slovenia share a long-standing partnership through the National Guard State Partnership Program, which has fostered collaboration in security, education, and cultural initiatives since its inception. 

    Earlier this week, the delegation unveiled the Republic of Slovenia’s new Consulate in Brighton. This new consulate signifies the importance of the 30-year relationship between the Colorado National Guard and Slovenian Armed Forces and its potential to enhance collaboration in trade, education, and cultural exchange for years to come. 

    ###

    MIL OSI USA News –

  • MIL-OSI: CORRECTION: XCHG Limited

    Source: GlobeNewswire (MIL-OSI)

    HAMBURG, Germany, Jan. 24, 2025 (GLOBE NEWSWIRE) — In a release issued on January 21, 2025 by XCHG Limited (NASDAQ: XCHG), please note that an incorrect version of the release was distributed. The corrected release follows:

    XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced a collaboration with a leader in the rental car space to upgrade its EV charging offerings at US airport rental facilities. XCharge has completed charging station construction at the rental company’s sites in several major East Coast airports and has secured a pipeline of future projects at the rental company’s additional airport locations along the eastern seaboard.

    XCharge’s high-speed chargers and efficient installation process have rapidly strengthened the rental company’s airport charging infrastructure, helping it meet its service standards and goals for expanding its EV rental fleet. Given their relatively small footprint and utility grid constraints, U.S. airport rental car locations face unique challenges in EV adoption. XCharge’s comprehensive solutions are designed to work within these boundaries, offering fast, simple installation without the need for intensive site upgrades, maximizing efficiency and reducing the complexity of construction.

    Furthermore, XCharge’s Level-3 charging stations empower shorter charging cycles compared with the Level-2 solutions commonly used in existing airport locations, resolving rental car service bottlenecks and enhancing customer satisfaction. At the Company’s initial airport project for the rental company, XCharge’s simultaneous charging technology significantly reduced the average charging time, improving charging speed by more than tenfold.      

    Aatish Patel, President of XCharge, said, “We’re thrilled by the positive outcomes of this collaboration. The results underscore our commitment to being more than just a hardware supplier – we want to resolve our partners’ most pressing concerns as efficiently as possible, whether that is site design, operational efficiency, or even EV charging education. By focusing on the broader needs of those we work with, we have created turnkey solutions that address key challenges effectively. We look forward to expanding this cooperation and bringing our high-quality charging services to more customers nationwide.”

    With charging anxiety remaining a top concern for EV drivers, especially first-timers, XCharge will continue to strategically elevate its presence in locations with substantial organic consumer traffic to introduce its convenient, high-speed charging services to a broader audience.

    About XCharge

    XCharge (NASDAQ: XCH), founded in 2015, is a global leader in integrated EV charging solutions. The company offers comprehensive EV charging solutions, which primarily include DC fast chargers and advanced battery-integrated DC fast chargers as well as their accompanying services. Through the combination of XCharge’s proprietary charging technology, energy storage system technology and accompanying services, the Company enhances EV charging efficiency and unlocks the value of energy storage and management. Committed to providing innovative and efficient EV charging solutions, XCharge is actively working toward establishing a global green future that is critical to long-term growth and development.

    Safe harbor statement

    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and the company does not undertake any duty to update such information, except as required under applicable law.

    For investor and media inquiries, please contact:

    XCharge

    IR Department

    Email: ir@xcharge.com

    Piacente Financial Communications

    Brandi Piacente

    Tel: +1-212-481-2050

    Jenny Cai

    Tel: +86 (10) 6508-0677

    Email: XCharge@tpg-ir.com

    The MIL Network –

  • MIL-OSI USA: Senators Marshall, Tuberville, and Colleagues Introduce the FARM Act

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington, D.C. – U.S. Senators Roger Marshall, M.D., Tommy Tuberville (R-AL), Rick Scott (R-FL), Eric Schmitt (R-MO), Kevin Cramer (R-ND), John Fetterman (D-PA), Katie Britt (R-AL), Marsha Blackburn (R-TN), Deb Fischer (R-NE), Steve Daines (R-MT), John Hoeven (R-ND), Cynthia Lummis (R-WY), and Tim Sheehy (R-MT) introduced the bipartisan, bicameral Foreign Adversary Risk Management (FARM) Act. 
    The FARM Act will permanently add the U.S. Secretary of Agriculture to the Committee on Foreign Investments in the United States (CFIUS), the governmental body that oversees the vetting process of foreign investment and acquisition of American companies, a move to prevent improper foreign interference and disruption to the U.S. agriculture industry.
    “Food Security is National Security, it’s high time that we start recognizing this before it is too late,” said Senator Marshall. “The Secretary of Agriculture needs a seat at the table to help the Committee on Foreign Investment in the United States vet foreign agricultural investments like land. This committee currently does not directly consider the needs of the agriculture industry, the FARM Act changes that.”
    “Over the last decade, we’ve seen a surge of American farmland purchases from our foreign adversaries,” said Senator Tuberville. “These foreign investments are now reaching every piece of the very large puzzle that makes up our agriculture industry, from farming and processing to packaging and shipping. Food security is national security, and we cannot allow our adversaries to have a foot in the door to our critical supply chains. We must prioritize oversight of foreign investment in our food supply chains, especially from Russia, China, North Korea, and Iran. This starts with giving the agriculture community a permanent seat at the table on CFIUS. As Alabama’s voice on the Senate Ag Committee, I will keep fighting to secure our ag supply chains so that our agriculture community can continue to put food on the table for American families.”
    “Pennsylvania is home to about 50,000 farms and the farmers who power them already face enough challenges to stay competitive. They shouldn’t also have to compete with foreign adversaries buying up American farmland,” said Senator John Fetterman. “America’s farms are critical infrastructure, and CFIUS exists to protect our critical infrastructure from foreign threats. So, adding the Secretary of Agriculture is just plain common sense. I’ve said it before, and I’ll say it again: foreign adversaries have no business owning American farmland. This bill makes that clear and I’m proud to partner with my colleague to get it done.”
    Two previous AG secretaries under Democrat administrations have expressed support for making the Secretary of Agriculture a permanent member of CFIUS. U.S. Representative Ronny Jackson (R-TX-13) reintroduced the bipartisan, companion legislation in the House of Representatives. 
    “America’s agricultural industry is no exception to the increasing national security threats our country faces,” said Rep. Jackson. “Biden’s failed leadership allowed unchecked foreign influence, particularly from the Chinese Communist Party, to interfere with and attempt to control our food supply chain. Representing Texas’s top agricultural-producing district, I am committed to ensuring our nation’s food production remains free from foreign manipulation. This is why I am proud to reintroduce the FARM Act, putting America first and ensuring that our agricultural industry remains robust, secure, and free from foreign interference. Thank you to Senator Tuberville for leading companion legislation in the Senate, and we hope this bipartisan legislation, which is crucial to our food security, will move forward quickly to President Trump’s desk.” 
    Read the bill HERE.
    BACKGROUND:
    Over the past few years, the United States has experienced a rapid increase in foreign investment in the agricultural sector, particularly from China. Growing foreign investment in agriculture and other essential industries, like health care and energy, threaten our country’s national security. As Alabama’s voice on the Senate AG Committee, Senator Tuberville has been sounding the alarm about foreign ownership of American farmland and other elements of our food supply chain.
    According to USDA data from December 2023, foreign investors own approximately 45 million acres of U.S. agricultural land. This represents an increase of over 1.5 million acres in one calendar year. Foreign ownership of U.S. agricultural land increased modestly from 2012 to 2017 at an average increase of 0.6 million acres per year. However, since 2017, this number skyrocketed to an annual average of 2.6 million acres annually. Additionally, between 2010 and 2021, entities or individuals from China increased their ownership of U.S. agricultural land more than twentyfold, from 13,720 acres to 383,935 acres. Alabama has the fourth-highest amount of foreign-owned agricultural land in the United States, with 2.2 million acres, most of which is forestland.
    CFIUS is authorized to oversee and review foreign investment and ownership in domestic businesses as it relates to national security. Currently, the Committee does not directly consider the needs of the agriculture industry when reviewing foreign investment and ownership in domestic businesses. 
    Specifically, the FARM Act would:
    add the Secretary of Agriculture as a member to CFIUS;
    protect the U.S. agriculture industry from foreign control through transactions, mergers, acquisitions, or agreements; designate agricultural supply chains as critical infrastructure and critical technologies,
    and require a report to Congress on current and potential foreign investments in the U.S. agricultural industry from USDA and the Government Accountability Office (GAO)

    MIL OSI USA News –

  • MIL-OSI USA: Commissioner Kristin Johnson’s Keynote Address at the University of Chicago Law School: Charting the Future of Financial Regulation

    Source: US Commodity Futures Trading Commission

    Good afternoon. Thank you to Dean Miles, Professor Birdthistle and the broader University of Chicago Law School for the kind invitation to join you for today’s event. We can often learn a great deal about the future by looking at the past. About 4,000 years ago (c. 2000 B.C.E.), Phoenician sailors developed charts and observations of the Sun and stars. Early mariners’ compasses were inaccurate or inconsistent because they lacked an understanding of magnetic variation. Later, the astrolabe, sextant, chip log, gyroscopic compass, radar, and GPS replaced earlier, primitive tools.
    In remarks earlier this week at a blockchain event at the World Economic Forum in Davos, I explored rapidly advancing technologies—an area that has long been a central focus of my contributions as a lawyer in private practice, in-house counsel, an academic, and most recently, a financial market regulator at the CFTC.[1] Today, on the eve of the Commodity Futures Trading Commission’s (CFTC) 50th Anniversary, we stand, once again on the frontier—a frontier of technological development in markets—including increasingly advanced computing, predictive analytical models, and algorithmic trading, and digital trading, clearing and settlement.
    During the most recent past administration, the Securities Exchange Commission Divisions of Trading and Markets and of Investment Management announced rule amendments to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date (“T+2”) to one business day after the trade date (“T+1”)[2] marking faster, more efficient, less costly trading ushered in, in part, by digitization of trading market infrastructure. Many of our largest market participants have partnered with technology firms to migrate exceptional volumes of data including orders, quotes, trades, cancellations and settlement data to cloud-based storage.
    Executive Orders this week on AI and digital assets or cryptocurrency indicate the new administration’s intent to focus on these new technologies. As we prepare to hear from the new administration regarding solutions to address the intricacies of balancing responsible innovation with the critical goals of ensuring market integrity, market stability, and protection of vulnerable market participants, let’s keep top-of-mind the lessons of the past and the benefits of well-honed regulatory tools which aid us in navigating the sea of technological innovation set forth before us.
    Today, we will consider the two specific technologies at the center of the new administration’s Executive Orders issued yesterday—AI and crypto.
    Artificial Intelligence in Financial Markets
    Financial markets regulation is often defined by two salient questions—what should we regulate and, if we regulate, what should be the scope of regulation. Knowing that crypto technologies are a focus of my remarks, some of you might demand that we tailor these questions and simply focus on the legal standard for distinguishing among regulated products, namely securities and commodities, citing the debate surrounding the legal standard articulated by the Supreme Court of the United States in SCOTUS’s now (in)famous 1946 decision S.E.C. vs Howey,[3] explaining that investment contracts that involve an investment of money in a common enterprise with an expectation of profits to be derived from the efforts of others.
    Leaving this question aside for a moment and focusing on the macro issue, I would note an underlying premise of these two fundamental questions. It is presumed that regulators understand both the products and the markets that are the subject of regulation—that we are clear on the benefits as well as the risks and limitations posed by products, processes, and market structures introduced in our markets. In other words, we are well-informed and deeply engaged in discussions regarding the attributes of what we regulate. I would also share that, for me, this understanding informs “how” I think about regulation.
    The Ever-Expanding Universe of AI Use Cases
    AI has long served financial services firms. For decades, firms have integrated standard algorithms and earlier forms of machine learning in both external client-facing applications as well as internal operations.[4] Developers tout the potential for more nascent uses of AI to enhance critical risk management tools, “inform[ing] trading strategies by identifying patterns, optimizing execution, managing portfolio workflows, and assessing risk-return tradeoffs.”[5] According to proponents, deep learning through neural networks holds promise to simulate the multi-layered, complex decision-making capabilities of the human brain.
    Several years ago, the CFTC identified a number of AI use cases in our regulated markets:

    Trading (including market intelligence, robo-advisory, sentiment analysis, algorithmic trading, smart routing, and transactions)
    Risk Management (including margin and capital requirements, trade monitoring, fraud detection)
    Risk Assessments and Hedging
    Resource Optimization (including energy and computer power)
    RegTech – Applications that enhance or improve compliance and oversight activities (including surveillance, reporting)
    Compliance (including identity and customer validation, anti-money laundering, regulatory reporting)
    Books and Records (including automated trade histories from voice or text)
    Data Processing and Analytics
    Cybersecurity and Resilience
    Customer Service.[6]

    The ever-expanding universe of AI use cases impacts investment, trading, surveillance and compliance, fraud detection, cyber security and supervision and enforcement across the derivatives and broader financial markets. In discussing AI’s application across financial markets, a Treasury report released last month stated “some financial firms have been experimenting with Generative AI tools—to explore the capabilities of AI in enhancing existing processes.”[7]
    “Robo-advisors offer personalized investment advisory services, while AI-driven insights improve forecasting and trading process automation.”[8] The Treasury Department’s recent report on Artificial Intelligence in Financial Services also notes that “financial firms are increasingly using AI—and particularly experimenting with Generative AI—internal business operations, including but not limited to risk management, regulatory compliance, treasury management, fraud detection, and back-office functions.”[9]
    Risks and Challenges Remain
    Attendant risks associated with the increase in use of AI, however, deserves equal attention, particularly for regulators tasked with safeguarding the integrity and stability of financial markets and the global economy. In testimony before Congress and academic work prior to my service at the Commission, I have encouraged regulators and market participants to also consider the following risks fraud and market manipulation, bias and discrimination, and privacy and data protection risks.[10]
    As the Financial Stability Board recently explained, “many of the potential risks of AI may seem new, but when you look beneath the surface, they are strikingly similar to traditional financial risks. Risks that we are familiar with. We already have frameworks to assess concentration risk, third party dependence and interconnectedness. This is good news. But potential new forms of interconnectedness in the financial system may emerge.”[11]
    To that end, it will be imperative for regulators to understand, track, and be poised to address emerging cybersecurity, third-party, concentration, and human capital risks.

    Cybersecurity

    Few would disagree that cybersecurity attacks and related disruptions pose one of the most pernicious and persistent threats to global financial markets.  In a timely and critical report on cybersecurity and AI, Treasury notes that “complex and persistent cyber threats continue to grow, and some experts from financial institutions believe the availability of advanced AI tools such as Generative AI will, at least initially, give threat actors an upper hand.”[12] Following a recent attack that disrupted clearing and settlement in derivatives markets in January of 2023, the Commission adopted a proposed rule enhancing operational resilience for swap dealers. In parallel to this rule, the Market Risk Advisory Committee that I sponsor, encouraged the Commission to consider comprehensive reform and consider the need for parallel reforms for our derivatives clearing organizations. While our principles-based approach to regulation enables dynamic application of existing rules, we must be ever vigilant to ensure that regulation is keeping pace and fit-for-purpose. I am looking forward to advancing these initiatives.

    Third-Party Risk Management

    Financial market regulators have, for several years, noted the challenges of relying on third parties for critical services. While regulated entities may have robust tools to monitor their own activities, our market participants increasingly partner with and rely upon third parties for critical services. Third party critical service providers may not have the comprehensive compliance processes and procedures the regulated entities have. The cascading impact of disruption may impact the many financial institutions that rely on the same critical third-party service providers, potentially engendering systemic risk concerns.[13]

    Concentration Risk

    The increasing reliance on third party service providers and the limited number of critical third-party service providers creates concentration risk. While the largest financial services firms in the world may have less exposure to these threats, smaller and medium sized firms without the technical expertise to develop high-cost technologies may need to rely on third parties and may also adapt these technologies in ways not anticipated by original developers, creating additional frictions.
    At the CFTC, we have been engaged in a longstanding dialogue with our market participants and our colleagues at other federal regulatory agencies to analyze and work to address these concerns—and we plan to continue the conversation.
    Last year, our staff released a request for comment, soliciting data regarding our market participants’ increasing use of AI.[14] We have not been alone in this work. The U.S. Department of Treasury similarly issued a request for information.[15] I worked with staff at the CFTC and staff at Treasury prior to and following these RFIs. The important results of these forms of engagement have only scratched the surface, given that “[o]ne of the most significant learnings from the comment responses is the reported ubiquity of AI usage—in particular traditional AI such as algorithms or machine learning—in virtually every function of financial firms, ranging from compliance management, internal operations, underwriting, customer service, treasury management, and product development and marketing.”[16]
    A Roadmap for the Future
    I have advanced, and will continue to advance, several policy initiatives over the course of my time at the Commission.
    Collaboration is Key

    Continued Dialogue

    There is still much work to be done. Continuing conversations with interested stakeholders across the board is the only way to ensure that we are learning in real time and incorporating that knowledge into sensible actions, both within the regulatory sphere and in the private sector.
    This dialogue “create[s] a framework that simultaneously serves two goals. The first is protecting the integrity of the trading markets so that they fairly serve the interests of participants and the larger public. The second is welcoming and encouraging the development and application of the newest technologies with responsible guardrails. In this way, we can ensure that these technologies help assure that the United States financial markets remain leaders in financial innovation in the years ahead.”[17]

    Interagency coordination

    In the December Treasury report, a brief discussion of the existing and proposed frameworks related to the use of AI in financial services is more than two pages long.[18] And that is just the first layer before adding state laws on AI, which can differ from each other and from federal frameworks, and finally, international standards.
    Of course, each regulator has its own specific mission and mandate. However, regulators must work together to harmonize regulation.[19]
    The Financial Stability Oversight Council echoes this recommendation in its annual report: “The Council supports interagency development of expertise to analyze and monitor potential systemic risks associated with the use of AI in the financial services sector, as well as further inter-agency discussions on developments in AI and associated financial stability risks.”[20]
    FSOC also recognizes the need for collaboration on a global scale. “The U.S. financial system is part of a global network and could potentially be vulnerable to shocks that originate abroad. The Council supports continued engagement with international counterparts on the risks and benefits of AI in financial services.”[21]
    Enhanced Resources for An Enhanced Mission

    Resources Must Keep Pace with Demand

    The CFTC is small but mighty, and continues to punch above its weight on all matters that come before it. In 2015 amidst the Dodd-Frank regulatory mandates, the CFTC had completed a greater percentage of its Dodd-Frank rules than other domestic financial regulatory agencies despite its smaller staff.[22] The same has been true in the past few years, as the Commission has taken on an increased role in addressing digital assets, while continuing its existing work, without any increase in budget.
    As the CFTC oversees increasingly complex markets, and must identify threats from increasingly sophisticated bad actors, it must have the resources to continue to do so effectively. I feel it important to reiterate that “the Commission would benefit from increased resources dedicated to enabling several of the Divisions within the Commission to prepare for and meet the challenges of regulating innovative trading, clearing, and settlement technologies, among other changes to operational infrastructure that merits consideration.”[23]

    An AI Fraud Task Force to Tackle Fraud Full Force

    I have expressly called for the CFTC Division of Enforcement to create an AI Fraud Task Force. While there may be divergent opinions on the benefits and risks engendered by AI, preventing bad actors from using AI to commit fraud against consumers and potentially market participants should be common ground. “Policing derivatives markets is one of the cornerstones of the CFTC’s mission. We must adapt our surveillance technologies and enforcement penalties to keep pace with the rapidly evolving innovation that characterizes global financial markets.”[24]
    A Future Framework for Digital Asset Markets 
    A second Executive Order released yesterday established a Presidential Working Group on Digital Asset Markets within the National Economic Council and appointed a Special Advisor for AI and Crypto to serve as Chairman of the PWG.
    Meaningful regulation in any market begins with identifying and developing standards to address certain risk management concerns. Many of the risks in the digital asset markets are well known.Learning from the lessons of the past few years, I am hopeful that any action to establish digital asset regulation include needed clarity regarding the application of rules and protections that safeguard the integrity of our markets. These regulations often also serve the organizations that implement them well.
    Digital asset market regulation should incorporate the same governance principles that have long governed our markets. Evidence of recent crises in digital asset markets underscore the benefits of strong corporate governance, rules governing conflicts of interest, and separation of customer property to preserve customer assets as part of a broader default management, recovery, and resilience strategy.

    Segregation of Customer Assets

    Our markets are built on trust. Any market that we supervise should have measures in place to protect the trust and confidence of customers and counterparties. Such recovery, resilience, and default risk management approaches should be applicable across markets that engender similar risks. 
    At the core these default-focused efforts create protections that preserve customer assets in the event of a liquidity or solvency crisis. The measures also guard against the commingling of customer funds witnessed in the 2022 crypto crises.[25] 
    The Commodity Exchange Act (CEA) expressly requires separation of customer funds in certain contexts. Section 4d(a)(2) of the CEA requires each FCM to segregate from its own assets all money, securities, and other property deposited by futures customers to margin, secure, or guarantee futures contracts and options on futures contracts traded on designated contract markets.[26] As the PGW takes up the mantle, preservation of customer capital must be a central and key issue. 

    Governance

    Basic corporate governance and internal controls should form part of the health and welfare of any market participant subject to the Commission’s supervision. Among other obligations, our regulations uniformly call for registered entities to have boards of directors, including independent directors, risk management committees, and executive officers that include chief compliance and risk officers who possess the requisite skills and expertise.[27]
    We continuously refine and update our governance standards as our markets evolve. In 2023, the Commission unanimously (please confirm) approved a final rule requiring derivatives clearing organizations (DCOs) to establish and consult with one or more risk management committees (RMCs) comprised of clearing members and customers of clearing members on matters that could materially affect the risk profile of the DCO. Section 5b(c)(2) of the CEA establishes core principles with which a DCO must comply in order to be registered and to maintain registration as a DCO (DCO Core Principles),1 and part 39 of the Commission’s regulations implement the DCO Core Principles. DCO Core Principle O requires a DCO to establish governance arrangements that are transparent, fulfill public interest requirements, and permit the consideration of the views of owners and participants.2 Regulation § 39.24 implements this aspect of Core Principle O by providing minimum requirements regarding the substance and form of a DCO’s governance arrangements.
    In the earlier referenced 2023 final risk governance rule, the Commission adopted minimum requirements for RMC composition and rotation, and required DCOs to establish and enforce fitness standards for RMC members. The Commission adopted requirements for DCOs to maintain written policies and procedures governing the RMC consultation process and the role of RMC members. Finally, the Commission adopted requirements for DCOs to establish one or more market participant risk advisory working groups (RWGs) that must convene at least twice per year, and adopt written policies and procedures related to the formation and role of the RWG.

    Compliance with AML/KYC laws and regulations

    Our experience regulating financial markets has demonstrated that strong AML/KYC regulations protects not only market integrity and stability, but also national security interests. These regulations are foundational and define the scope of who is permitted to actively engage our markets and, in many instances, the broader financial services and banking sector of our economy.
    Concluding with A Word Collaboration
    One of the greatest strengths of our government and, more specifically, the federal agencies that supervise many of the largest global financial market participants in the world is the intellectual leadership that our market regulators demonstrate. Our financial market regulations enhance efficiency, reduce the costs of raising capital, attract global investments, and serve as a model for regulation around the world. Our successful regulation is due, in large part, to our engagement with markets and the global regulatory community.
    As I noted in keynote remarks last year at NYU’s AI Convening, it is imperative for government and regulators to demonstrate a deep and abiding commitment to developing well-informed, research-based, data-driven regulatory solutions that are well-tailored, fit-for-purpose interventions. This requires a multi-stakeholder, public-private partnership that may include for advancing technologies developers, market participants, academics, government and industry researchers, diverse regulators across the financial markets, and public interest organizations.[28]
    Last year, in response to a staff advisory on the use of AI in CFTC-regulated markets,[29] I noted that “[w]orking in partnership with market participants, we are able to enhance our ability to accomplish our mission of ensuring market stability and market integrity. .”[30]
    I started this week in Davos, Switzerland, where I shared remarks at a conference about blockchain and AI, and about how the World Economic Forum Annual Meeting theme of “Collaboration for the Intelligent Age” is relevant to my work at the CFTC on these topics. World leaders in government, business, and civil society are still there, discussing the most pressing issues facing our global markets and broader societies, and trying to solve problems on a global scale. Nowhere is that more salient than in the United States, as we are close out the first week of a new executive administration.
    When we reflect on the future of finance, we must think back to the lessons learned as markets navigated sustained periods of extreme distress. Collaboration has served as one of the most important tools in our toolkit.
    The creation of the Financial Stability Oversight Council has proved a valuable source for convening the heads of financial market regulators across our government can carefully identifying and addressing anticipated systemic risk concerns. In addition to collaboration across market and prudential regulators, efforts by the SEC and CFTC to navigate implementation of the Dodd-Frank Act rules offers a second example of successful collaboration among market regulators. The discussions regarding regulation of AI, crypto, and other novel and emerging technologies should benefit from similar collaboration across regulators authority and across the aisle.
    Navigating difficult conditions requires focus, discipline, leadership and a steady hand at the helm. In recent years, our markets have navigated the onset of a global pandemic, geopolitical conflicts, sustained inflation.
    I am committed to working together to achieve this goal. As we enter this new year and new administration, collaboration will be as important as ever to achieve the benefits of scale and take advantage of all that innovation has to offer financial markets.
    Simply stated, and echoing this year’s World Economic Forum theme at Davos, we must find a path to collaboration in an intelligent age.

    [3] 328 U.S. 293 (1946).

    [5] Treasury December Report at 15.

    [7] Treasury December Report at 14.

    [8] Treasury December Report at 15.

    [9] Treasury December Report at 16.

    [13] Treasury December Report at 25.

    [16] See Treasury December Report.

    [18] Treasury December Report at 30.

    [19] “While many financial firms operating in the financial services sector are subject to laws and regulations that are technology-agnostic and can apply to AI technologies, respondents noted different regulatory standards among financial firms for the same activities.” Treasury December Report at 28.

    [25] See 1, 17 C.F.R. Pt. 1 (segregation of futures customer funds); 17 C.F.R. Pt. 22 (segregation of swaps customer funds); 17 C.F.R. Pt. 30 (segregation of foreign futures customer funds).

    [26] 7 U.S.C. § 6d(a)(2).

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: PM Shri Narendra Modi congratulates H.E. Mr. Micheál Martin on assuming the office of Prime Minister of Ireland

    Source: Government of India

    Posted On: 24 JAN 2025 11:38AM by PIB Delhi

    The Prime Minister Shri Narendra Modi today congratulated H.E. Mr. Micheál Martin on assuming the office of Prime Minister of Ireland.

    In a post on X, Shri Modi said:

    “Congratulations @MichealMartinTD on assuming the office of Prime Minister of Ireland. Committed to work together to further strengthen our bilateral  partnership that is based on strong foundation of shared values and deep people to people connect.”

     

     

    ***

    MJPS/SR

    (Release ID: 2095694) Visitor Counter : 86

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Briefing – EU economic developments and projections – 23-12-2025

    Source: European Parliament

    This briefing provides a summary of the recent economic developments in the EU Member States and gives an overview of relevant economic projections forecasted by major international and EU institutions. Annex 1 includes latest GDP data and forecasts for all EU Member States and Annex 2 the latest inflation data and developments.

    MIL OSI Europe News –

  • MIL-OSI Europe: France: EIB supports investment by Trifyl to recover value from household waste

    Source: European Investment Bank

    Ambroise Fayolle, Vice-President of the European Investment Bank (EIB), made a trip to Labessière-Candeil to visit the headquarters of Trifyl, the joint association for waste recycling for the department of Tarn in southern France. He toured Trifyl’s facility for waste sorting and value recovery. Fayolle, the EIB Vice-President responsible for climate and the environment, was received by Trifyl President Daniel Vialelle, Member of the European Parliament Claire Fita, and many other elected representatives in attendance.

    MIL OSI Europe News –

  • MIL-OSI Europe: Minutes – Thursday, 23 January 2025 – Strasbourg – Final edition

    Source: European Parliament

    PV-10-2025-01-23

    EN

    EN

    iPlPv_Sit

    Minutes
    Thursday, 23 January 2025 – Strasbourg

     Abbreviations and symbols

    + adopted
    – rejected
    ↓ lapsed
    W withdrawn
    RCV roll-call votes
    EV electronic vote
    SEC secret ballot
    split split vote
    sep separate vote
    am amendment
    CA compromise amendment
    CP corresponding part
    D deleting amendment
    = identical amendments
    § paragraph

    IN THE CHAIR: Younous OMARJEE
    Vice-President

    1. Opening of the sitting

    The sitting opened at 09:01.


    2. Combating Desertification: 16th session of the Conference of the Parties (COP16) of the United Nations Convention (debate)

    Commission statement: Combating Desertification: 16th session of the Conference of the Parties (COP16) of the United Nations Convention (2025/3018(RSP))

    Jessika Roswall (Member of the Commission) made the statement.

    The following spoke: Carmen Crespo Díaz, on behalf of the PPE Group, Marta Temido, on behalf of the S&D Group, Julien Leonardelli, on behalf of the PfE Group, Francesco Ventola, on behalf of the ECR Group, Martin Hojsík, on behalf of the Renew Group, Pär Holmgren, on behalf of the Verts/ALE Group, Catarina Martins, on behalf of The Left Group, Zsuzsanna Borvendég, on behalf of the ESN Group, Christine Schneider, Sakis Arnaoutoglou, Mireia Borrás Pabón, Laurence Trochu, Billy Kelleher, Kai Tegethoff, João Oliveira, Daniel Buda, Maria Grapini, Mathilde Androuët, Marie Toussaint, Valentina Palmisano, Salvatore De Meo, Thomas Bajada, France Jamet, Vicent Marzà Ibáñez, who also answered a blue-card question from João Oliveira, Sebastian Everding, who also answered a blue-card question from Sander Smit, Gabriella Gerzsenyi, César Luena, who also answered a blue-card question from Carmen Crespo Díaz, Jutta Paulus, who also answered a blue-card question from Maria Grapini, Nikolas Farantouris, Borja Giménez Larraz, Camilla Laureti, Marco Falcone, who also answered a blue-card question from Kai Tegethoff, Leire Pajín, Manuela Ripa, Jean-Marc Germain, Dan-Ştefan Motreanu, Stefano Bonaccini and Ştefan Muşoiu.

    The following spoke under the catch-the-eye procedure: Grzegorz Braun, Hélder Sousa Silva and Seán Kelly.

    The following spoke: Jessika Roswall.

    The debate closed.

    (The sitting was suspended for a few moments.)


    IN THE CHAIR: Christel SCHALDEMOSE
    Vice-President

    3. Resumption of the sitting

    The sitting resumed at 10:29.


    4. Cryptocurrencies – need for global standards (debate)

    Commission statement: Cryptocurrencies – need for global standards (2025/2514(RSP))

    Magnus Brunner (Member of the Commission) made the statement.

    The following spoke: Markus Ferber, on behalf of the PPE Group, Jonás Fernández, on behalf of the S&D Group, Pierre Pimpie, on behalf of the PfE Group, Marlena Maląg, on behalf of the ECR Group, Stéphanie Yon-Courtin, on behalf of the Renew Group, Rasmus Andresen, on behalf of the Verts/ALE Group (the President reminded the speaker of the rules on conduct), Pasquale Tridico, on behalf of The Left Group, René Aust, on behalf of the ESN Group, Regina Doherty, Eero Heinäluoma, Aleksandar Nikolic, Guillaume Peltier, Gilles Boyer, Damian Boeselager, Catarina Martins, Stanislav Stoyanov, Kateřina Konečná, Kinga Kollár, Aurore Lalucq, Mathilde Androuët, Adrian-George Axinia, Cynthia Ní Mhurchú, Giuseppe Antoci, Marcin Sypniewski, Luis-Vicențiu Lazarus, Lídia Pereira (the President provided some clarifications on the blue-card procedure), Nikos Papandreou, who also answered a blue-card question from Diana Iovanovici Şoşoacă, Angéline Furet, Ondřej Krutílek, Michalis Hadjipantela, Adnan Dibrani, Diego Solier, Andrey Kovatchev, Waldemar Buda, Caterina Chinnici and Seán Kelly.

    The following spoke under the catch-the-eye procedure: Niels Geuking, Maria Grapini, Alexander Jungbluth, Grzegorz Braun, Vytenis Povilas Andriukaitis and Diana Iovanovici Şoşoacă.

    The following spoke: Magnus Brunner.

    The debate closed.

    (The sitting was suspended at 11:48.)


    IN THE CHAIR: Sabine VERHEYEN
    Vice-President

    5. Resumption of the sitting

    The sitting resumed at 11:59.


    6. Composition of new committees

    Following the creation of the standing committees on security and defence and on public health, and the creation of the special committees on the European Democracy Shield and on the housing crisis in the European Union, the President had received nominations for membership of these new standing and special committees from the political groups and the non-attached Members, in accordance with Rules 212 and 213.

    The decisions took effect as of that day.

    The lists of Members nominated to form these committees are annexed to these minutes (minutes of 23.1.2025 Annex 1).


    7. Composition of committees and delegations

    The Renew Group and non-attached Members had notified the President of the following decisions changing the composition of committees:

    – ITRE Committee: Oihane Agirregoitia Martínez to replace Barry Andrews, Elena Yoncheva

    – REGI Committee: Elsi Katainen

    – LIBE Committee: Raquel García Hermida-Van Der Walle

    – PETI Committee: Cynthia Ní Mhurchú and Eugen Tomac were no longer members, Taner Kabilov

    The decisions took effect as of that day.

    ⁂

    The following spoke: Jordan Bardella, Carlo Fidanza and Patryk Jaki on points of order (the President cut off the speakers as their remarks did not constitute points of order).


    8. Voting time

    For detailed results of the votes, see also ‘Results of votes’ and ‘Results of roll-call votes’.




    8.2. Systematic repression of human rights in Iran, notably the cases of Pakhshan Azizi and Wrisha Moradi, and the taking of EU citizens as hostages (vote)

    Motions for resolutions RC-B10-0066/2025 (minutes of 23.1.2025, item I), B10-0063/2025, B10-0066/2025, B10-0067/2025, B10-0073/2025, B10-0082/2025, B10-0085/2025 and B10-0086/2025 (minutes of 22.1.2025, item 1) (2025/2511(RSP))

    The debate had taken place on 22 January 2025 (minutes of 22.1.2025, item 16.2).

    (Majority of the votes cast)

    JOINT MOTION FOR A RESOLUTION

    Adopted (P10_TA(2025)0004)

    (Motions for resolutions B10-0063/2025 and B10-0067/2025 fell.)

    Detailed voting results








    9. Resumption of the sitting

    The sitting resumed at 15:00.


    10. Approval of the minutes of the previous sitting

    The minutes of the previous sitting were approved.


    11. Major interpellations (debate)

    Major interpellation for written answer with debate (G-001002/2024) submitted by Charlie Weimers, Sebastian Tynkkynen, Kristoffer Storm, Jaak Madison, Carlo Fidanza, Adam Bielan, Alexandr Vondra, Patryk Jaki, Johan Van Overtveldt, Roberts Zīle, Emmanouil Fragkos, Georgiana Teodorescu, Geadis Geadi, Marion Maréchal, Ivaylo Valchev, Kosma Złotowski, Mariusz Kamiński, Maciej Wąsik, Dick Erixon, Joachim Stanisław Brudziński, Beatrice Timgren, Nicolas Bay, Jadwiga Wiśniewska, Ondřej Krutílek, Guillaume Peltier, Michał Dworczyk, Laurence Trochu, Şerban-Dimitrie Sturdza, Tobiasz Bocheński, Gheorghe Piperea, on behalf of the ECR Group, to the Commission: EU funding of physical border protection structures such as walls, fences or other barriers at the external border (B10-0001/2025)

    Jaak Madison moved the major interpellation.

    Magnus Brunner (Member of the Commission) answered the major interpellation.

    The following spoke: Lena Düpont, on behalf of the PPE Group, Ana Catarina Mendes, on behalf of the S&D Group, András László, on behalf of the PfE Group, Joachim Stanisław Brudziński, on behalf of the ECR Group, Fabienne Keller, on behalf of the Renew Group, Mélissa Camara, on behalf of the Verts/ALE Group, Christine Anderson, on behalf of the ESN Group, Fredis Beleris, Murielle Laurent, France Jamet and Riho Terras.

    The following spoke under the catch-the-eye procedure: Kinga Kollár, Bogdan Rzońca and Siegbert Frank Droese.

    The following spoke: Magnus Brunner.

    The debate closed.


    12. Explanations of vote

    Written explanations of vote

    Explanations of vote submitted in writing under Rule 201 appear on the Members’ pages on Parliament’s website.


    13. Approval of the minutes of the sitting and forwarding of texts adopted

    In accordance with Rule 208(3), the minutes of the sitting would be put to the House for approval at the beginning of the afternoon of the sitting on Monday, 10 February 2025.

    With Parliament’s agreement, the texts adopted during the part-session would be forwarded to their respective addressees without delay.


    14. Dates of forthcoming sittings

    The next sitting would be held on 29 January 2025.


    15. Closure of the sitting

    The sitting closed at 15:41.


    16. Adjournment of the session

    The session of the European Parliament was adjourned.

    Alessandro Chiocchetti

    Roberta Metsola

    Secretary-General

    President


    LIST OF DOCUMENTS SERVING AS A BASIS FOR THE DEBATES AND DECISIONS OF PARLIAMENT


    I. Motions for resolutions tabled

    Case of Jean-Jacques Wondo in the Democratic Republic of the Congo

    Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

    on the case of Jean-Jacques Wondo in the Democratic Republic of the Congo (2025/2510(RSP)) (RC-B10-0069/2025)
    (replacing motions for resolutions B10-0069/2025, B10-0072/2025, B10-0078/2025, B10-0081/2025 and B10-0084/2025)
    Sebastião Bugalho, Wouter Beke, Isabel Wiseler-Lima, Michael Gahler, Luděk Niedermayer, Christophe Gomart, Antonio López-Istúriz White, Danuše Nerudová, Davor Ivo Stier, Michał Wawrykiewicz, Jessica Polfjärd, Tomáš Zdechovský, Andrey Kovatchev, Inese Vaidere
    on behalf of the PPE Group
    Yannis Maniatis, Francisco Assis, Elio Di Rupo
    on behalf of the S&D Group
    Waldemar Tomaszewski, Joachim Stanisław Brudziński, Sebastian Tynkkynen
    on behalf of the ECR Group
    Bernard Guetta, Petras Auštrevičius, Oihane Agirregoitia Martínez, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Svenja Hahn, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Jan-Christoph Oetjen, Urmas Paet, Marie-Agnes Strack-Zimmermann, Hilde Vautmans, Lucia Yar
    on behalf of the Renew Group
    Catarina Vieira
    on behalf of the Verts/ALE Group

    Systematic repression of human rights in Iran, notably the cases of Pakhshan Azizi and Wrisha Moradi, and the taking of EU citizens as hostages

    Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

    on the systematic repression of human rights in Iran, notably the cases of Pakhshan Azizi and Wrisha Moradi, and the taking of EU citizens as hostages (2025/2511(RSP)) (RC-B10-0066/2025)
    (replacing motions for resolutions B10-0066/2025, B10-0073/2025, B10-0082/2025, B10-0085/2025 and B10-0086/2025)
    Sebastião Bugalho, Tomáš Zdechovský, Loucas Fourlas, Isabel Wiseler-Lima, David McAllister, Michael Gahler, Željana Zovko, Christophe Gomart, Isabel Benjumea Benjumea, Javier Zarzalejos, Luděk Niedermayer, Wouter Beke, Davor Ivo Stier, Michał Wawrykiewicz, Jessica Polfjärd, Danuše Nerudová, Andrey Kovatchev, Inese Vaidere
    on behalf of the PPE Group
    Yannis Maniatis, Francisco Assis, Evin Incir, Chloé Ridel, Daniel Attard, Alessandra Moretti
    on behalf of the S&D Group
    Rihards Kols, Mariusz Kamiński, Sebastian Tynkkynen, Carlo Fidanza, Reinis Pozņaks, Aurelijus Veryga, Ondřej Krutílek, Veronika Vrecionová, Alberico Gambino, Joachim Stanisław Brudziński, Dick Erixon, Beatrice Timgren, Waldemar Tomaszewski, Alexandr Vondra, Marion Maréchal, Małgorzata Gosiewska, Carlo Ciccioli, Charlie Weimers
    on behalf of the ECR Group
    Petras Auštrevičius, Oihane Agirregoitia Martínez, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Veronika Cifrová Ostrihoňová, Bart Groothuis, Bernard Guetta, Svenja Hahn, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Nathalie Loiseau, Jan-Christoph Oetjen, Urmas Paet, Marie-Agnes Strack-Zimmermann, Hilde Vautmans, Sophie Wilmès, Lucia Yar
    on behalf of the Renew Group
    Hannah Neumann
    on behalf of the Verts/ALE Group
    Per Clausen, Hanna Gedin, Jonas Sjöstedt

    Case of Boualem Sansal in Algeria

    Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

    on the case of Boualem Sansal in Algeria (2025/2512(RSP)) (RC-B10-0087/2025)
    (replacing motions for resolutions B10-0087/2025, B10-0089/2025, B10-0091/2025, B10-0092/2025 and B10-0093/2025)
    Sebastião Bugalho, Christophe Gomart, Isabel Wiseler-Lima, Michael Gahler, Luděk Niedermayer, Wouter Beke, Davor Ivo Stier, Michał Wawrykiewicz, Jessica Polfjärd, Tomáš Zdechovský, Andrey Kovatchev, Inese Vaidere
    on behalf of the PPE Group
    Yannis Maniatis, Francisco Assis, Marta Temido
    on behalf of the S&D Group
    Adam Bielan, Ondřej Krutílek, Veronika Vrecionová, Joachim Stanisław Brudziński, Waldemar Tomaszewski, Alexandr Vondra, Marion Maréchal, Sebastian Tynkkynen, Małgorzata Gosiewska
    on behalf of the ECR Group
    Helmut Brandstätter, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Bernard Guetta, Ilhan Kyuchyuk, Nathalie Loiseau, Urmas Paet, Lucia Yar
    on behalf of the Renew Group
    Leoluca Orlando
    on behalf of the Verts/ALE Group

    Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine

    Motions for resolutions tabled under Rule 136(2) to wind up the debate:

    on Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine (2024/2988(RSP)) (B10-0074/2025)
    Yannis Maniatis, Nacho Sánchez Amor, Thijs Reuten, Raphaël Glucksmann
    on behalf of the S&D Group

    on Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine (2024/2988(RSP)) (B10-0075/2025)
    Rasa Juknevičienė, Michael Gahler, Andrzej Halicki, Sebastião Bugalho, David McAllister, Siegfried Mureşan, Željana Zovko, Isabel Wiseler-Lima, Nicolás Pascual de la Parte, Mika Aaltola, Krzysztof Brejza, Daniel Caspary, Sandra Kalniete, Seán Kelly, Ondřej Kolář, Łukasz Kohut, Andrey Kovatchev, Miriam Lexmann, Antonio López-Istúriz White, Danuše Nerudová, Mirosława Nykiel, Ana Miguel Pedro, Paulius Saudargas, Davor Ivo Stier, Michał Szczerba, Alice Teodorescu Måwe, Ingeborg Ter Laak, Matej Tonin, Pekka Toveri, Inese Vaidere, Milan Zver
    on behalf of the PPE Group

    on Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine (2024/2988(RSP)) (B10-0076/2025)
    Sergey Lagodinsky, Hannah Neumann, Markéta Gregorová, Mārtiņš Staķis, Maria Ohisalo, Virginijus Sinkevičius, Villy Søvndal, Nicolae Ştefănuță, Reinier Van Lanschot
    on behalf of the Verts/ALE Group

    on Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine (2024/2988(RSP)) (B10-0077/2025)
    Bernard Guetta, Petras Auštrevičius, Malik Azmani, Dan Barna, Olivier Chastel, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Michał Kobosko, Jan-Christoph Oetjen, Urmas Paet, Marie-Agnes Strack-Zimmermann, Eugen Tomac, Hilde Vautmans, Sophie Wilmès, Lucia Yar, Dainius Žalimas
    on behalf of the Renew Group

    on Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine (2024/2988(RSP)) (B10-0079/2025)
    Adam Bielan, Mariusz Kamiński, Małgorzata Gosiewska, Joachim Stanisław Brudziński, Rihards Kols, Ondřej Krutílek, Jaak Madison, Ivaylo Valchev, Sebastian Tynkkynen, Veronika Vrecionová, Roberts Zīle, Aurelijus Veryga, Maciej Wąsik, Michał Dworczyk, Cristian Terheş, Reinis Pozņaks, Alexandr Vondra
    on behalf of the ECR Group

    Joint motion for a resolution tabled under Rule 136(2) and (4):

    on Russia’s disinformation and historical falsification to justify its war of aggression against Ukraine (2024/2988(RSP)) (RC-B10-0074/2025)
    (replacing motions for resolutions B10-0074/2025, B10-0075/2025, B10-0076/2025, B10-0077/2025 and B10-0079/2025)
    Rasa Juknevičienė, Michael Gahler, Andrzej Halicki, Sebastião Bugalho, David McAllister, Siegfried Mureşan, Željana Zovko, Isabel Wiseler-Lima, Nicolás Pascual de la Parte, Mika Aaltola, Krzysztof Brejza, Daniel Caspary, Sandra Kalniete, Seán Kelly, Ondřej Kolář, Łukasz Kohut, Andrey Kovatchev, Miriam Lexmann, Antonio López-Istúriz White, Danuše Nerudová, Mirosława Nykiel, Ana Miguel Pedro, Paulius Saudargas, Davor Ivo Stier, Michał Szczerba, Alice Teodorescu Måwe, Ingeborg Ter Laak, Matej Tonin, Pekka Toveri, Inese Vaidere, Milan Zver
    on behalf of the PPE Group
    Yannis Maniatis, Nacho Sánchez Amor, Thijs Reuten, Raphaël Glucksmann
    on behalf of the S&D Group
    Adam Bielan, Rihards Kols, Reinis Pozņaks, Jadwiga Wiśniewska, Roberts Zīle, Ondřej Krutílek, Veronika Vrecionová, Jaak Madison, Małgorzata Gosiewska, Cristian Terheş, Maciej Wąsik, Ivaylo Valchev, Aurelijus Veryga, Joachim Stanisław Brudziński
    on behalf of the ECR Group
    Bernard Guetta, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Karin Karlsbro, Veronika Cifrová Ostrihoňová, Ľubica Karvašová, Ilhan Kyuchyuk, Michał Kobosko, Nathalie Loiseau, Jan-Christoph Oetjen, Urmas Paet, Marie-Agnes Strack-Zimmermann, Eugen Tomac, Hilde Vautmans, Sophie Wilmès, Lucia Yar, Dainius Žalimas
    on behalf of the Renew Group
    Sergey Lagodinsky
    on behalf of the Verts/ALE Group

    Situation in Venezuela following the usurpation of the presidency on 10 January 2025

    Motions for resolutions tabled under Rule 136(2) to wind up the debate:

    on the situation in Venezuela following the usurpation of the presidency on 10 January 2025 (2025/2519(RSP)) (B10-0064/2025)
    Gabriel Mato, Sebastião Bugalho, Davor Ivo Stier
    on behalf of the PPE Group

    on the situation in Venezuela following the usurpation of the presidency on 10 January 2025 (2025/2519(RSP)) (B10-0068/2025)
    Jorge Buxadé Villalba, Hermann Tertsch, Jorge Martín Frías, Silvia Sardone, Nikola Bartůšek, Susanna Ceccardi, Roberto Vannacci, António Tânger Corrêa, Enikő Győri
    on behalf of the PfE Group

    on the situation in Venezuela following the usurpation of the presidency on 10 January 2025 (2025/2519(RSP)) (B10-0071/2025)
    Leire Pajín
    on behalf of the S&D Group
    Catarina Vieira, Ville Niinistö, Nicolae Ştefănuță
    on behalf of the Verts/ALE Group

    on the situation in Venezuela following the usurpation of the presidency on 10 January 2025 (2025/2519(RSP)) (B10-0080/2025)
    Oihane Agirregoitia Martínez, Petras Auštrevičius, Malik Azmani, Dan Barna, Helmut Brandstätter, Benoit Cassart, Olivier Chastel, João Cotrim De Figueiredo, Valérie Devaux, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Urmas Paet, Marie-Agnes Strack-Zimmermann, Ana Vasconcelos, Hilde Vautmans, Lucia Yar
    on behalf of the Renew Group

    on the situation in Venezuela following the usurpation of the presidency on 10 January 2025 (2025/2519(RSP)) (B10-0083/2025)
    Carlo Fidanza, Adam Bielan, Mariusz Kamiński, Alberico Gambino, Waldemar Tomaszewski, Joachim Stanisław Brudziński, Diego Solier, Rihards Kols, Ondřej Krutílek, Jaak Madison, Nora Junco García, Şerban-Dimitrie Sturdza, Sebastian Tynkkynen, Veronika Vrecionová, Małgorzata Gosiewska, Jadwiga Wiśniewska, Alexandr Vondra
    on behalf of the ECR Group

    Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

    on the situation in Venezuela following the usurpation of the presidency on 10 January 2025 (2025/2519(RSP)) (RC-B10-0064/2025)
    (replacing motions for resolutions B10-0064/2025, B10-0080/2025 and B10-0083/2025)
    Gabriel Mato, Sebastião Bugalho, Davor Ivo Stier, Francisco José Millán Mon
    on behalf of the PPE Group
    Carlo Fidanza, Adam Bielan, Mariusz Kamiński, Ivaylo Valchev, Sebastian Tynkkynen, Ondřej Krutílek, Veronika Vrecionová, Rihards Kols, Alexandr Vondra, Małgorzata Gosiewska, Alberico Gambino, Joachim Stanisław Brudziński
    on behalf of the ECR Group
    Oihane Agirregoitia Martínez, Petras Auštrevičius, Dan Barna, Helmut Brandstätter, Benoit Cassart, Olivier Chastel, Veronika Cifrová Ostrihoňová, João Cotrim De Figueiredo, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Urmas Paet, Marie-Agnes Strack-Zimmermann, Ana Vasconcelos, Hilde Vautmans, Lucia Yar
    on behalf of the Renew Group


    II. Decisions to draw up own-initiative reports

    Decisions to draw up own-initiative reports (Rule 55)

    (Following the Conference of Presidents’ decision of 15 January 2025)

    AFCO Committee

    – Reform of the European Electoral Act – hurdles to ratification and implementation in the Member States (2025/2028(INI))

    – Institutional aspects of the Report on the future of European Competitiveness (Draghi Report) (2025/2013(INI))

    – Stock-taking of the European elections 2024 (2025/2012(INI))

    AFET Committee

    – 2023 and 2024 Commission reports on Ukraine (2025/2026(INI))

    – 2023 and 2024 Commission reports on Moldova (2025/2025(INI))

    – 2023 and 2024 Commission reports on Georgia (2025/2024(INI))

    – 2023 and 2024 Commission reports on Türkiye (2025/2023(INI))

    – 2023 and 2024 Commission reports on Serbia (2025/2022(INI))

    – 2023 and 2024 Commission reports on North Macedonia (2025/2021(INI))

    – 2023 and 2024 Commission reports on Montenegro (2025/2020(INI))

    – 2023 and 2024 Commission reports on Kosovo (2025/2019(INI))

    – 2023 and 2024 Commission reports on Bosnia and Herzegovina (2025/2018(INI))

    – 2023 and 2024 Commission reports on Albania (2025/2017(INI))

    DEVE Committee

    – Financing for development – ahead of the Fourth International Conference on Financing for Development in Seville (2025/2004(INI))

    – Implementation and delivery of the Sustainable Development Goals in view of the 2025 High-Level Political Forum (2025/2014(INI))
    (opinion: FEMM)

    IMCO Committee

    – Implementation and streamlining of EU internal market rules to strengthen the single market (2025/2009(INI))

    ITRE Committee

    – Future of the EU biotechnology and biomanufacturing sector: leveraging research, boosting innovation and enhancing competitiveness (2025/2008(INI))

    – European technological sovereignty and digital infrastructure (2025/2007(INI))

    – Electricity grids: the backbone of the EU energy system (2025/2006(INI))

    JURI Committee

    – Monitoring the application of European Union law in 2023 and 2024 (2025/2016(INI))
    (opinion: PETI)

    – European Union regulatory fitness and subsidiarity and proportionality – report on Better Law-Making covering 2023 and 2024 (2025/2015(INI))

    PECH Committee

    – Fisheries management approaches for safeguarding sensitive species, tackling invasive species and benefiting local economies (2025/2011(INI))

    – The role of social, economic and environmental standards in safeguarding fair competition for all aquatic food products and improving food security (2025/2010(INI))

    PETI Committee

    – Deliberations of the Committee on Petitions in 2023 (2025/2027(INI))

    (Following the Conference of Presidents’ decision of 19 December 2024)

    – The multiannual plan for the Baltic Sea and ways forward (2024/2127(INI))

    – The impact of the implementation of the Maritime Spatial Planning Directive 2014/89/EU on fisheries in selected fishing areas and sea basins (2024/2126(INI))

    – Decarbonisation and modernisation of EU fisheries, and the development and deployment of fishing gear (2024/2123(INI))

    AGRI Committee

    – The position of farmers in the agri-food value chain (2024/2122(INI))

    ECON Committee

    – The role of simple tax rules and tax fragmentation in European competitiveness (2024/2118(INI))

    – A coherent tax framework for the EU’s financial sector (2024/2117(INI))

    – Facilitating the financing of investments and reforms to boost European competitiveness and creating a Capital Markets Union (Draghi Report) (2024/2116(INI))
    (opinion: BUDG)

    FEMM Committee

    – Gender Equality Strategy 2025 (2024/2125(INI))
    (opinion: LIBE)

    – Women’s entrepreneurship in rural and island areas and outermost regions (2024/2124(INI))
    (opinion: AGRI)

    IMCO Committee

    – A new legislative framework for products that is fit for the digital and sustainable transition (2024/2119(INI))

    REGI Committee

    – The role of cohesion policy in supporting the just transition (2024/2121(INI))
    (opinion: EMPL)

    – The role of cohesion policy investment in resolving the current housing crisis (2024/2120(INI))
    (opinion: EMPL)


    III. Consent procedure

    Reports with a motion for a non-legislative resolution (consent procedure) (Rule 107(5))

    (Following notification by the Conference of Committee Chairs on 15 January 2025)

    AFET Committee

    – Interim report in view of the consent procedure on the Agreement establishing an association between the EU and the Principality of Andorra and the Republic of San Marino (2024/0101R(NLE) – 2024/0101(NLE))
    (opinion: ECON, IMCO)


    IV. Petitions

    Petitions Nos 1427-24 to 1518-24 had been entered in the register on 17 January 2025 and had been forwarded to the committee responsible, in accordance with Rule 232(9) and (10).

    The President had, on 17 January 2025, forwarded to the committee responsible, in accordance with Rule 232(15), petitions addressed to the European Parliament by natural or legal persons who were not citizens of the European Union and who did not reside, or have their registered office, in a Member State.


    V. Documents received

    The following documents had been received from Members:

    – Mathilde Androuët, Gerolf Annemans, Jordan Bardella, Nikola Bartůšek, Rachel Blom, Barbara Bonte, Paolo Borchia, Mireia Borrás Pabón, Irmhild Boßdorf, Jaroslav Bžoch, Klara Dostalova, Marieke Ehlers, Dick Erixon, Tomasz Froelich, Petras Gražulis, Branko Grims, Catherine Griset, Enikő Győri, Roman Haider, Fernand Kartheiser, Ondřej Knotek, Vilis Krištopans, Julien Leonardelli, Jorge Martín Frías, Milan Mazurek, Tiago Moreira de Sá, Jana Nagyová, Hans Neuhoff, Julie Rechagneux, Dominik Tarczyński, Hermann Tertsch, Isabella Tovaglieri, António Tânger Corrêa, Milan Uhrík, Tom Vandendriessche, Harald Vilimsky, Ewa Zajączkowska-Hernik and Auke Zijlstra. Motion for a resolution on Dismantling Overregulation and Government Encroachment: reclaiming competitiveness and innovation in the European Union (B10-0214/2024)
    referred to committee responsible: JURI
    opinion: ITRE

    – Pekka Toveri and Sebastian Tynkkynen. Motion for a resolution on restricting the ability of passenger and cargo traffic to enter European Union airspace from Russia (B10-0220/2024)
    referred to committee responsible: TRAN
    opinion: AFET

    – Matthieu Valet. Motion for a resolution on EU policy on Syrian refugees following the overthrow of the Bashar al-Assad regime (B10-0237/2024)
    referred to committee responsible: LIBE

    – Christine Anderson, Anja Arndt, René Aust, Arno Bausemer, Zsuzsanna Borvendég, Markus Buchheit, Petr Bystron, Elisabeth Dieringer, Siegbert Frank Droese, Marc Jongen, Mary Khan, Sarah Knafo, Maximilian Krah and Jaroslava Pokorná Jermanová. Motion for a resolution on financial and organisational support for Member States to repatriate Syrian nationals (B10-0238/2024)
    referred to committee responsible: LIBE


    ATTENDANCE REGISTER

    Present:

    Aaltola Mika, Abadía Jover Maravillas, Adamowicz Magdalena, Aftias Georgios, Agirregoitia Martínez Oihane, Agius Peter, Agius Saliba Alex, Allione Grégory, Al-Sahlani Abir, Anadiotis Nikolaos, Anderson Christine, Andersson Li, Andresen Rasmus, Andrews Barry, Andriukaitis Vytenis Povilas, Androuët Mathilde, Angel Marc, Annemans Gerolf, Antoci Giuseppe, Arias Echeverría Pablo, Arimont Pascal, Arłukowicz Bartosz, Arnaoutoglou Sakis, Arndt Anja, Arvanitis Konstantinos, Asens Llodrà Jaume, Assis Francisco, Attard Daniel, Aubry Manon, Auštrevičius Petras, Axinia Adrian-George, Azmani Malik, Bajada Thomas, Baljeu Jeannette, Ballarín Cereza Laura, Bardella Jordan, Barley Katarina, Barna Dan, Barrena Arza Pernando, Bartulica Stephen Nikola, Bartůšek Nikola, Bausemer Arno, Bay Nicolas, Bay Christophe, Beke Wouter, Beleris Fredis, Bellamy François-Xavier, Benea Adrian-Dragoş, Benifei Brando, Benjumea Benjumea Isabel, Beňová Monika, Berendsen Tom, Berger Stefan, Berg Sibylle, Berlato Sergio, Bernhuber Alexander, Biedroń Robert, Bielan Adam, Bischoff Gabriele, Blaha Ľuboš, Blinkevičiūtė Vilija, Blom Rachel, Bloss Michael, Bocheński Tobiasz, Boeselager Damian, Bogdan Ioan-Rareş, Bonaccini Stefano, Bonte Barbara, Borchia Paolo, Borrás Pabón Mireia, Borvendég Zsuzsanna, Borzan Biljana, Bosanac Gordan, Bosse Stine, Botenga Marc, Boyer Gilles, Boylan Lynn, Brandstätter Helmut, Brasier-Clain Marie-Luce, Braun Grzegorz, Brejza Krzysztof, Bricmont Saskia, Brnjac Nikolina, Brudziński Joachim Stanisław, Bryłka Anna, Buczek Tomasz, Buda Daniel, Buda Waldemar, Budka Borys, Bugalho Sebastião, Buła Andrzej, Burkhardt Delara, Buxadé Villalba Jorge, Bžoch Jaroslav, Camara Mélissa, Canfin Pascal, Carberry Nina, Casa David, Caspary Daniel, Cassart Benoit, Castillo Laurent, del Castillo Vera Pilar, Cavazzini Anna, Cavedagna Stefano, Ceccardi Susanna, Cepeda José, Ceulemans Estelle, Chahim Mohammed, Chaibi Leila, Chastel Olivier, Chinnici Caterina, Christensen Asger, Ciccioli Carlo, Cifrová Ostrihoňová Veronika, Ciriani Alessandro, Cisint Anna Maria, Clausen Per, Clergeau Christophe, Cormand David, Corrado Annalisa, Costanzo Vivien, Cotrim De Figueiredo João, Cowen Barry, Cremer Tobias, Crespo Díaz Carmen, Cristea Andi, Cunha Paulo, Danielsson Johan, Dauchy Marie, Dávid Dóra, David Ivan, Decaro Antonio, de la Hoz Quintano Raúl, Della Valle Danilo, Deloge Valérie, De Masi Fabio, De Meo Salvatore, Demirel Özlem, Deutsch Tamás, Devaux Valérie, Dibrani Adnan, Diepeveen Ton, Dieringer Elisabeth, Dîncu Vasile, Di Rupo Elio, Doherty Regina, Doleschal Christian, Dömötör Csaba, Do Nascimento Cabral Paulo, Donazzan Elena, Dorfmann Herbert, Dostál Ondřej, Droese Siegbert Frank, Düpont Lena, Ecke Matthias, Ehler Christian, Ehlers Marieke, Eriksson Sofie, Erixon Dick, Eroglu Engin, Everding Sebastian, Ezcurra Almansa Alma, Falcone Marco, Farantouris Nikolas, Farreng Laurence, Farský Jan, Ferber Markus, Fernández Jonás, Fidanza Carlo, Fiocchi Pietro, Firmenich Ruth, Fita Claire, Fourlas Loucas, Fourreau Emma, Fragkos Emmanouil, Freund Daniel, Frigout Anne-Sophie, Fritzon Heléne, Froelich Tomasz, Fuglsang Niels, Furet Angéline, Furore Mario, Gahler Michael, Galán Estrella, Gálvez Lina, Gambino Alberico, García Hermida-Van Der Walle Raquel, Garraud Jean-Paul, Gasiuk-Pihowicz Kamila, Geadi Geadis, Gedin Hanna, Geese Alexandra, Geier Jens, Geisel Thomas, Gemma Chiara, Georgiou Giorgos, Gerbrandy Gerben-Jan, Germain Jean-Marc, Gerzsenyi Gabriella, Geuking Niels, Gieseke Jens, Giménez Larraz Borja, Girauta Vidal Juan Carlos, Glavak Sunčana, Glück Andreas, Glucksmann Raphaël, Goerens Charles, Gomart Christophe, Gomes Isilda, Gómez López Sandra, Gonçalves Bruno, Gonçalves Sérgio, González Pons Esteban, Gori Giorgio, Gosiewska Małgorzata, Gotink Dirk, Gozi Sandro, Grapini Maria, Gražulis Petras, Grims Branko, Griset Catherine, Gronkiewicz-Waltz Hanna, Groothuis Bart, Grossmann Elisabeth, Grudler Christophe, Gualmini Elisabetta, Guarda Cristina, Guetta Bernard, Guzenina Maria, Hadjipantela Michalis, Hahn Svenja, Haider Roman, Halicki Andrzej, Hassan Rima, Häusling Martin, Hava Mircea-Gheorghe, Hazekamp Anja, Heide Hannes, Heinäluoma Eero, Henriksson Anna-Maja, Herbst Niclas, Herranz García Esther, Hetman Krzysztof, Hohlmeier Monika, Hojsík Martin, Holmgren Pär, Hölvényi György, Homs Ginel Alicia, Humberto Sérgio, Ijabs Ivars, Imart Céline, Incir Evin, Inselvini Paolo, Iovanovici Şoşoacă Diana, Jalloul Muro Hana, Jamet France, Jerković Romana, Jongen Marc, Joński Dariusz, Joron Virginie, Jouvet Pierre, Joveva Irena, Juknevičienė Rasa, Junco García Nora, Jungbluth Alexander, Kabilov Taner, Kalfon François, Kaljurand Marina, Kalniete Sandra, Kamiński Mariusz, Kanev Radan, Karlsbro Karin, Kartheiser Fernand, Karvašová Ľubica, Katainen Elsi, Kefalogiannis Emmanouil, Kelleher Billy, Keller Fabienne, Kelly Seán, Kemp Martine, Kennes Rudi, Khan Mary, Kobosko Michał, Köhler Stefan, Kohut Łukasz, Kokalari Arba, Kolář Ondřej, Kollár Kinga, Kols Rihards, Konečná Kateřina, Kopacz Ewa, Körner Moritz, Kountoura Elena, Kovatchev Andrey, Krah Maximilian, Krištopans Vilis, Kruis Sebastian, Krutílek Ondřej, Kubín Tomáš, Kuhnke Alice, Kulja András Tivadar, Kulmuni Katri, Kyllönen Merja, Kyuchyuk Ilhan, Lagodinsky Sergey, Lakos Eszter, Lalucq Aurore, Lange Bernd, Langensiepen Katrin, Laššáková Judita, László András, Laurent Murielle, Laureti Camilla, Laykova Rada, Lazarov Ilia, Lazarus Luis-Vicențiu, Le Callennec Isabelle, Leggeri Fabrice, Lenaers Jeroen, Leonardelli Julien, Lewandowski Janusz, Lexmann Miriam, Liese Peter, Lins Norbert, Loiseau Nathalie, Løkkegaard Morten, Lopatka Reinhold, López Javi, López Aguilar Juan Fernando, López-Istúriz White Antonio, Lövin Isabella, Luena César, Łukacijewska Elżbieta Katarzyna, Lupo Giuseppe, McAllister David, Madison Jaak, Magoni Lara, Maij Marit, Maląg Marlena, Manda Claudiu, Mandl Lukas, Maniatis Yannis, Mantovani Mario, Maran Pierfrancesco, Marczułajtis-Walczak Jagna, Mariani Thierry, Marino Ignazio Roberto, Martín Frías Jorge, Martins Catarina, Martusciello Fulvio, Marzà Ibáñez Vicent, Matthieu Sara, Mavrides Costas, Mayer Georg, Mazurek Milan, Mažylis Liudas, McNamara Michael, Mebarek Nora, Mehnert Alexandra, Meleti Eleonora, Mendes Ana Catarina, Mendia Idoia, Mertens Verena, Mesure Marina, Metsola Roberta, Metz Tilly, Mikser Sven, Millán Mon Francisco José, Miranda Paz Ana, Molnár Csaba, Montero Irene, Montserrat Dolors, Morace Carolina, Moreira de Sá Tiago, Moreno Sánchez Javier, Moretti Alessandra, Motreanu Dan-Ştefan, Mularczyk Arkadiusz, Müller Piotr, Mullooly Ciaran, Mureşan Siegfried, Muşoiu Ştefan, Nagyová Jana, Navarrete Rojas Fernando, Negrescu Victor, Nemec Matjaž, Nerudová Danuše, Nesci Denis, Neuhoff Hans, Neumann Hannah, Nevado del Campo Elena, Niebler Angelika, Niedermayer Luděk, Niinistö Ville, Nikolic Aleksandar, Ní Mhurchú Cynthia, Noichl Maria, Nordqvist Rasmus, Novakov Andrey, Nykiel Mirosława, Obajtek Daniel, Ódor Ľudovít, Oetjen Jan-Christoph, Ohisalo Maria, Oliveira João, Olivier Philippe, Omarjee Younous, Ondruš Branislav, Ó Ríordáin Aodhán, Ozdoba Jacek, Paet Urmas, Pajín Leire, Palmisano Valentina, Papadakis Kostas, Papandreou Nikos, Pappas Nikos, Pascual de la Parte Nicolás, Pedro Ana Miguel, Pedulla’ Gaetano, Pellerin-Carlin Thomas, Peltier Guillaume, Penkova Tsvetelina, Pennelle Gilles, Pereira Lídia, Peter-Hansen Kira Marie, Petrov Hristo, Picaro Michele, Picula Tonino, Piera Pascale, Pimpie Pierre, Piperea Gheorghe, de la Pisa Carrión Margarita, Pokorná Jermanová Jaroslava, Polato Daniele, Polfjärd Jessica, Popescu Virgil-Daniel, Pozņaks Reinis, Princi Giusi, Protas Jacek, Pürner Friedrich, Rackete Carola, Radev Emil, Radtke Dennis, Rafowicz Emma, Ratas Jüri, Rechagneux Julie, Regner Evelyn, Repasi René, Repp Sabrina, Ressler Karlo, Reuten Thijs, Riba i Giner Diana, Ricci Matteo, Riehl Nela, Ripa Manuela, Rodrigues André, Ros Sempere Marcos, Roth Neveďalová Katarína, Rougé André, Ruissen Bert-Jan, Ruotolo Sandro, Rzońca Bogdan, Saeidi Arash, Salini Massimiliano, Salis Ilaria, Salla Aura, Sánchez Amor Nacho, Sanchez Julien, Sancho Murillo Elena, Saramo Jussi, Sardone Silvia, Šarec Marjan, Sargiacomo Eric, Satouri Mounir, Saudargas Paulius, Sbai Majdouline, Sberna Antonella, Schaldemose Christel, Schaller-Baross Ernő, Schenk Oliver, Scheuring-Wielgus Joanna, Schieder Andreas, Schilling Lena, Schneider Christine, Schwab Andreas, Scuderi Benedetta, Seekatz Ralf, Sell Alexander, Serrano Sierra Rosa, Serra Sánchez Isabel, Sienkiewicz Bartłomiej, Simon Sven, Singer Christine, Sinkevičius Virginijus, Sippel Birgit, Sjöstedt Jonas, Śmiszek Krzysztof, Smith Anthony, Smit Sander, Sokol Tomislav, Solier Diego, Sommen Liesbet, Sonneborn Martin, Sorel Malika, Sousa Silva Hélder, Søvndal Villy, Squarta Marco, Staķis Mārtiņš, Stancanelli Raffaele, Stier Davor Ivo, Stöteler Sebastiaan, Stoyanov Stanislav, Strack-Zimmermann Marie-Agnes, Strada Cecilia, Streit Joachim, Strik Tineke, Strolenberg Anna, Stürgkh Anna, Sypniewski Marcin, Szczerba Michał, Szekeres Pál, Szydło Beata, Tamburrano Dario, Tânger Corrêa António, Tarquinio Marco, Târziu Claudiu-Richard, Tavares Carla, Tegethoff Kai, Temido Marta, Teodorescu Georgiana, Teodorescu Måwe Alice, Ter Laak Ingeborg, Terras Riho, Thionnet Pierre-Romain, Timgren Beatrice, Tinagli Irene, Tobback Bruno, Tobé Tomas, Tolassy Rody, Tomašič Zala, Tomc Romana, Tonin Matej, Toom Jana, Topo Raffaele, Torselli Francesco, Tosi Flavio, Toussaint Marie, Toveri Pekka, Tridico Pasquale, Trochu Laurence, Tsiodras Dimitris, Tudose Mihai, Tynkkynen Sebastian, Uhrík Milan, Ušakovs Nils, Vaidere Inese, Valchev Ivaylo, Vălean Adina, Valet Matthieu, Van Brempt Kathleen, Van Brug Anouk, van den Berg Brigitte, Vandendriessche Tom, Van Dijck Kris, Van Lanschot Reinier, Van Leeuwen Jessika, Vannacci Roberto, Van Overtveldt Johan, Van Sparrentak Kim, Varaut Alexandre, Vasconcelos Ana, Vasile-Voiculescu Vlad, Vautmans Hilde, Vedrenne Marie-Pierre, Ventola Francesco, Verheyen Sabine, Verougstraete Yvan, Veryga Aurelijus, Vieira Catarina, Vigenin Kristian, Vilimsky Harald, Vincze Loránt, Vind Marianne, Vistisen Anders, Vivaldini Mariateresa, Volgin Petar, von der Schulenburg Michael, Vondra Alexandr, Voss Axel, Vozemberg-Vrionidi Elissavet, Vrecionová Veronika, Vázquez Lázara Adrián, Waitz Thomas, Walsmann Marion, Warborn Jörgen, Warnke Jan-Peter, Wąsik Maciej, Wawrykiewicz Michał, Wcisło Marta, Wechsler Andrea, Werbrouck Séverine, Wiesner Emma, Wiezik Michal, Wilmès Sophie, Winkler Iuliu, Winzig Angelika, Wiseler-Lima Isabel, Wiśniewska Jadwiga, Wölken Tiemo, Wolters Lara, Yar Lucia, Yon-Courtin Stéphanie, Zacharia Maria, Zajączkowska-Hernik Ewa, Zalewska Anna, Žalimas Dainius, Zan Alessandro, Zarzalejos Javier, Zdechovský Tomáš, Zdrojewski Bogdan Andrzej, Zijlstra Auke, Zīle Roberts, Zingaretti Nicola, Złotowski Kosma, Zoido Álvarez Juan Ignacio, Zovko Željana, Zver Milan

    Excused:

    Sidl Günther


    ANNEX 1 – Composition of new committees

    C01A SEDE

    [ 20/01/2025 – ]

    Комисия по сигурност и отбрана

    Comisión de Seguridad y Defensa

    Výbor pro bezpečnost a obranu

    Udvalget om Sikkerhed og Forsvar

    Ausschuss für Sicherheit und Verteidigung

    Julgeoleku- ja kaitsekomisjon

    Επιτροπή Ασφάλειας και Άμυνας

    Committee on Security and Defence

    Commission de la sécurité et de la défense

    An Coiste um Shlándáil agus Cosaint

    Odbor za sigurnost i obranu

    Commissione per la sicurezza e la difesa

    Drošības un aizsardzības komiteja

    Saugumo ir gynybos komitetas

    ssBiztonság- és Védelempolitikai Bizottság

    Kumitat għas-Sigurtà u d-Difiża

    Commissie veiligheid en defensie

    Komisja Bezpieczeństwa i Obrony

    Comissão da Segurança e da Defesa

    Comisia pentru securitate și apărare

    Výbor pre bezpečnosť a obranu

    Odbor za varnost in obrambo

    Turvallisuus- ja puolustuspolitiikan valiokunta

    Utskottet för säkerhet och försvar

    (43 members)

    PPE (11)

    BEKE Wouter

    DE MEO Salvatore

    GOMART Christophe

    HERBST Niclas

    MEIMARAKIS Vangelis

    NOVAKOV Andrey

    PASCUAL DE LA PARTE Nicolás

    SZCZERBA Michał

    TEODORESCU MÅWE Alice

    TERRAS Riho

    TOVERI Pekka

    S&D (8)

    CREMER Tobias

    DI RUPO Elio

    GLUCKSMANN Raphaël

    LÓPEZ Javi

    MAVRIDES Costas

    MENDES Ana Catarina

    MIKSER Sven

    TUDOSE Mihai

    PfE (5)

    HÖLVÉNYI György

    POKORNÁ JERMANOVÁ Jaroslava

    STÖTELER Sebastiaan

    THIONNET Pierre-Romain

    VANNACCI Roberto

    ECR (5)

    DONAZZAN Elena

    DWORCZYK Michał

    GAMBINO Alberico

    POZŅAKS Reinis

    VONDRA Alexandr

    Renew (5)

    AUŠTREVIČIUS Petras

    LOISEAU Nathalie

    ŠAREC Marjan

    STRACK-ZIMMERMANN Marie-Agnes

    YAR Lucia

    Verts/ALE (3)

    NEUMANN Hannah

    STAĶIS Mārtiņš

    VAN LANSCHOT Reinier

    The Left (3)

    BOTENGA Marc

    DEMIREL Özlem

    KYLLÖNEN Merja

    ESN (1)

    NEUHOFF Hans

    NI (2)

    PAPADAKIS Kostas

    VON DER SCHULENBURG Michael

    C08A SANT

    [ 20/01/2025 – ]

    Комисия по обществено здраве

    Comisión de Salud Pública

    Výbor pro veřejné zdraví

    Udvalget om Folkesundhed

    Ausschuss für öffentliche Gesundheit

    Rahvatervishoiu komisjon

    Επιτροπή Δημόσιας Υγείας

    Committee on Public Health

    Commission de la santé publique

    An Coiste um Shláinte Phoiblí

    Odbor za javno zdravlje

    Commissione per la sanità pubblica

    Sabiedrības veselības komiteja

    Visuomenės sveikatos komitetas

    Közegészségügyi Bizottság

    Kumitat għas-Saħħa Pubblika

    Commissie volksgezondheid

    Komisja Zdrowia Publicznego

    Comissão da Saúde Pública

    Comisia pentru sănătate publică

    Výbor pre verejné zdravie

    Odbor za javno zdravje

    Kansanterveyden valiokunta

    Utskottet för folkhälsa

    (43 members)

    PPE (11)

    ARŁUKOWICZ Bartosz

    CASTILLO Laurent

    HADJIPANTELA Michalis

    JARUBAS Adam

    KULJA András Tivadar

    LIESE Peter

    MORATTI Letizia

    NEVADO DEL CAMPO Elena

    POLFJÄRD Jessica

    SCHENK Oliver

    SOKOL Tomislav

    S&D (8)

    ANDRIUKAITIS Vytenis Povilas

    CLERGEAU Christophe

    GONZÁLEZ CASARES Nicolás

    JERKOVIĆ Romana

    MORETTI Alessandra

    NEGRESCU Victor

    PAPANDREOU Nikos

    WÖLKEN Tiemo

    PfE (5)

    BRASIER-CLAIN Marie-Luce

    DE LA PISA CARRIÓN Margarita

    FERENC Viktória

    HAUSER Gerald

    KNOTEK Ondřej

    ECR (5)

    BUDA Waldemar

    FRAGKOS Emmanouil

    PICARO Michele

    RAZZA Ruggero

    TROCHU Laurence

    Renew (5)

    BOSSE Stine

    CANFIN Pascal

    CHASTEL Olivier

    CIFROVÁ OSTRIHOŇOVÁ Veronika

    VASILE-VOICULESCU Vlad

    Verts/ALE (3)

    HÄUSLING Martin

    MARINO Ignazio Roberto

    METZ Tilly

    The Left (3)

    MARTINS Catarina

    PALMISANO Valentina

    TAMBURRANO Dario

    ESN (1)

    ANDERSON Christine

    NI (2)

    BEŇOVÁ Monika

    DOSTÁL Ondřej

    CS01 EUDS

    [ 20/01/2025 – ]

    Специална комисия относно европейския щит за демокрацията

    Comisión Especial sobre el Escudo Europeo de la Democracia

    Zvláštní výbor pro Evropský štít pro demokracii

    Det Særlige Udvalg om Det Europæiske Demokratiskjold

    Sonderausschuss für den Europäischen Schutzschild für die Demokratie

    Euroopa demokraatia kaitse erikomisjon

    Ειδική Επιτροπή για την Ευρωπαϊκή Ασπίδα Δημοκρατίας

    Special committee on the European Democracy Shield

    Commission spéciale sur le bouclier européen de la démocratie

    An Coiste Speisialta um an Sciath Eorpach don Daonlathas

    Posebni odbor za europski štit za zaštitu demokracije

    Commissione speciale sullo scudo europeo per la democrazia

    Īpašā komiteja attiecībā uz Eiropas demokrātijas vairogu

    Specialusis komitetas Europos demokratijos skydo klausimais

    Az európai demokráciapajzzsal foglalkozó különbizottság

    Kumitat Speċjali dwar it-Tarka Ewropea għad-Demokrazija

    Bijzondere Commissie inzake een schild voor de Europese democratie

    Komisja Specjalna ds. Europejskiej Tarczy Demokracji

    Comissão Especial sobre o Escudo Europeu da Democracia

    Comisia specială pentru Scutul democrației europene

    Osobitný výbor pre európsky štít na obranu demokracie

    Posebni odbor za evropski ščit za demokracijo

    Eurooppalaista demokratian kilpeä käsittelevä erityisvaliokunta

    Särskilda utskottet för det europeiska demokratiförsvaret

    (33 members)

    PPE (9)

    AALTOLA Mika

    BOGDAN Ioan-Rareş

    DÜPONT Lena

    KALNIETE Sandra

    MARTUSCIELLO Fulvio

    SIENKIEWICZ Bartłomiej

    TOBÉ Tomas

    ZDECHOVSKÝ Tomáš

    ZOIDO ÁLVAREZ Juan Ignacio

    S&D (6)

    DÎNCU Vasile

    MENDES Ana Catarina

    MOLNÁR Csaba

    PICIERNO Pina

    SCHALDEMOSE Christel

    VAN BREMPT Kathleen

    PfE (4)

    BŽOCH Jaroslav

    LEGGERI Fabrice

    SCHALLER-BAROSS Ernő

    TÂNGER CORRÊA António

    ECR (4)

    CAVEDAGNA Stefano

    KANKO Assita

    SZYDŁO Beata

    TERHEŞ Cristian

    Renew (4)

    BRANDSTÄTTER Helmut

    GROOTHUIS Bart

    LOISEAU Nathalie

    WILMÈS Sophie

    Verts/ALE (2)

    GEESE Alexandra

    VAN SPARRENTAK Kim

    The Left (2)

    ARVANITIS Konstantinos

    DELLA VALLE Danilo

    ESN (1)

    ANDERSON Christine

    NI (1)

    PANAYIOTOU Fidias

    CS02 HOUS

    [ 20/01/2025 – ]

    Специална комисия относно жилищната криза в Европейския съюз

    Comisión Especial sobre la Crisis de la Vivienda en la Unión Europea

    Zvláštní výbor pro krizi v oblasti bydlení v Evropské unii

    Det Særlige Udvalg om Boligkrisen i Den Europæiske Union

    Sonderausschuss zur Wohnraumkrise in der Europäischen Union

    Euroopa Liidu eluasemekriisi erikomisjon

    Ειδική Επιτροπή για τη στεγαστική κρίση στην Ευρωπαϊκή Ένωση

    Special committee on the Housing Crisis in the European Union

    Commission spéciale sur la crise du logement dans l’Union européenne

    An Coiste Speisialta um an nGéarchéim Tithíochta san Aontas Eorpach

    Posebni odbor za stambenu krizu u Europskoj uniji

    Commissione speciale sulla crisi degli alloggi nell’Unione europea

    Īpašā komiteja mājokļu krīzes risināšanai Eiropas Savienībā

    Specialusis komitetas būsto krizės Europos Sąjungoje klausimais

    Az Európai Unióban tapasztalható lakhatási válsággal foglalkozó különbizottság

    Kumitat Speċjali dwar il-Kriżi tal-Akkomodazzjoni fl-Unjoni Ewropea

    Bijzondere Commissie inzake de huisvestingscrisis in de Europese Unie

    Komisja Specjalna ds. Kryzysu Mieszkaniowego w Unii Europejskiej

    Comissão Especial sobre a Crise de Habitação na União Europeia

    Comisia specială pentru criza locuințelor în Uniunea Europeană

    Osobitný výbor pre krízu bývania v Európskej únii

    Posebni odbor za stanovanjsko krizo v Evropski uniji

    Asuntokriisiä Euroopan unionissa käsittelevä erityisvaliokunta

    Särskilda utskottet för bostadskrisen i Europeiska unionen

    (33 members)

    PPE (9)

    BUGALHO Sebastião

    CASA David

    DOHERTY Regina

    EZCURRA ALMANSA Alma

    FALCONE Marco

    FERBER Markus

    GOTINK Dirk

    LE CALLENNEC Isabelle

    MARCZUŁAJTIS-WALCZAK Jagna

    S&D (6)

    BISCHOFF Gabriele

    GOMES Isilda

    HOMS GINEL Alicia

    MEBAREK Nora

    SCHIEDER Andreas

    TINAGLI Irene

    PfE (4)

    BLOM Rachel

    DOSTALOVA Klara

    HÖLVÉNYI György

    RECHAGNEUX Julie

    ECR (4)

    JUNCO GARCÍA Nora

    MAGONI Lara

    SBERNA Antonella

    TEODORESCU Georgiana

    Renew (4)

    HOJSÍK Martin

    MULLOOLY Ciaran

    TOOM Jana

    VAN DEN BERG Brigitte

    Verts/ALE (2)

    MARZÀ IBÁÑEZ Vicent

    OHISALO Maria

    The Left (2)

    CHAIBI Leila

    MONTERO Irene

    ESN (1)

    BOSSDORF Irmhild

    NI (1)

    ZACHARIA Maria

    MIL OSI Europe News –

  • MIL-OSI Europe: Latest news – Meeting of 6 February 2025 – Delegation for relations with the People’s Republic of China

    Source: European Parliament

    Next ordinary meeting of the Delegation for relations with the People’s Republic of China (D-CN) will take place on Thursday 6 February 2025 at 9.00-10:30 in Brussels.

    As main topic on the draft agenda there will be an exchange of views on the EU-China trade relations in the context of geopolitical changes with:

    • Mr Jens Eskelund, President of the European Union Chamber of Commerce (ECCC) in China
    • Ms Agatha Kratz, Partner and Director at Rhodium Group, Head of the China Practice’s Corporate Advisory

    The meeting will be webstreamed and can be followed via the link below.

    MIL OSI Europe News –