PISCATAWAY, NJ – NOVEMBER 17: Head coach James Franklin of the Penn State Nittany Lions runs onto the field with his team before taking on the Rutgers Scarlet Knights at HighPoint.com Stadium on November 17, 2018 in Piscataway, New Jersey. (Photo by Corey Perrine/Getty Images)With Trace McSorely’s time at Penn State officially over, the battle to become his successor is underway in Happy Valley. The uncertainty surrounding the quarterback position will most likely be the biggest storyline to follow for the Nittany Lions.Once last year’s season came to an end, the expectation was that Tommy Stevens would become the starter. However, an injury in the spring opened the door for Sean Clifford to shine.Clifford wasted little time showing the coaching staff what he can do under center.The sudden emergence of Clifford motivated Stevens to submit his name in the NCAA transfer portal. He decided to transfer to Mississippi State for his final year of college football. Although Stevens’ exit from Penn State should cement Clifford’s status as the starting quarterback for 2019, head coach James Franklin revealed that the position battle isn’t over.Franklin admit that Clifford will have to earn the starting job.From PennLive.com:“Guys who are returning starters have an advantage, but we’re going to have open competition every single year,” Franklin said. “You have to go out and earn it. Obviously, we got two freshmen that came in at mid-semester, and they’re going to get more opportunities and reps because our situation has changed.”“We’ve done a pretty good job of recruiting and then developing guys,” Franklin said. “We have a lot of confidence in Sean and what he’s been able to do. Levis now is thrust into a more significant situation, and instead of it being a three-way battle with Levis, Sean, and Tommy, now it’s a three-way quarterback battle with one of the two freshmen.”If the Nittany Lions are going to have success this upcoming season, then they’ll need solid production at quarterback.Penn State opens its season at Beaver Stadium against Idaho.[PennLive.com]
9 June 2010Secretary-General Ban Ki-moon today congratulated the people of Burundi for their achievements in consolidating peace as the tiny African nation rebuilds from decades of ethnic strife. Burundi was torn by ethnic conflict between majority Hutus and minority Tutsi, much like its northern neighbour Rwanda, site of the 1994 genocide, for nearly five decades after it became independent from Belgium in 1962.“You have been determined to move beyond the turbulence of recent decades, and the results are clear,” Mr. Ban said upon arriving in the capital, Bujumbura, citing the example of the recent round of elections.More than 3.5 million people registered to vote in the five-stage polls, exceeding expectations, with 17 presidential candidates – 15 aligned with parties and two independents – taking part.The top United Nations envoy in Burundi, Charles Petrie, praised the peaceful staging of the first round of elections, welcoming the high turnout.“It is imperative that these elections be a success,” Mr. Ban told diplomats in Bujumbura, noting that “Burundi has an opportunity to become a success story and a model for the continent.”He called on the international community to encourage a “spirit of compromise” should there be disputes over poll results and to continue supporting the country’s efforts to solidify the gains it has made so far.Acknowledging that some political parties may boycott the presidential elections scheduled for later this month, Mr. Ban underlined in an address to Parliament members the need for an inclusive process and of accepting the democratic will of the people. “Burundi is at a crossroads,” he told the audience, which also included Government officials and representatives of religious groups.Recovery, reconciliation, reform, economic development and ending impunity are among the challenges the country faces, Mr. Ban said. “The population yearns for these vital peace dividends.”The progress made in the country – which is on the UN Peacebuilding Commission’s agenda – is “nationally led, driven by a genuine desire for a definitive break with a turbulent past and for peace in what has been an unstable region,” he said, but emphasized that progress also rests largely on its strong partnership with the UN and others.The Secretary-General, who arrived in Burundi from South Africa, also noted today that “this is a great moment for Africa,” which is both hosting the soccer World Cup and is home to more than one dozen countries celebrating half a century of independence. Burundi will mark the 50th anniversary of its independence in 2012.While in the country, he will hold talks with President Pierre Nkurunziza.Mr. Ban also visited a battalion serving with the African Union Mission in Somalia (AMISOM).“Your contribution shows Burundi’s commitment to international peace and security,” he told the troops, paying tribute to their efforts to improve security conditions, allowing the UN to deliver urgently needed relief supplies.Somali remains the scene of one of the worst humanitarian crises in the world, with 1.4 million internally displaced persons (IDPs), some 575,000 refugees and nearly 3 million people dependent on aid, out of a total population of nearly 8 million.This is the Secretary-General’s second trip to Africa this month, and it will also take him to Cameroon, Benin and Sierra Leone.Last week, he visited Malawi and Uganda, and later in June he will travel to Gabon, Nigeria and the Democratic Republic of the Congo (DRC), where a UN peacekeeping mission – known as MONUC – has been in operation for 11 years.Last month, the Security Council agreed to transform the operation into a stabilization mission in the coming weeks, authorizing the withdrawal of up to 2,000 UN military personnel by 30 June from areas where security has improved enough to allow their removal.
TORONTO – Canada’s anti-money laundering agency conducted on-site examinations of more than 800 real estate companies over four-and-a-half years and found “significant” or “very significant” deficiencies during 60 per cent of those visits, new data shows.A document obtained by The Canadian Press through an Access to Information request shows that Fintrac conducted 823 examinations of companies in the real estate sector between 2012 and mid June of this year.The federal anti-money laundering watchdog found “significant” deficiencies with the anti-money laundering and anti-terrorist financing controls at 468 of those companies, while 28 companies had “very significant” deficiencies.Meanwhile, 324 companies had only “limited” deficiencies. None of the companies were named in the document.When asked what constitutes a “limited deficiency,” the agency said it includes instances where the deficiencies are minor or the regulations are only partially being followed.According to the watchdog, an example of a significant deficiency is when there is a “excessive number” of minor deficiencies found, or a number of more severe issues.Very significant deficiencies include instances where there is an “unacceptable” number of minor and serious issues, or infractions that are “very serious” in nature.Federal anti-money laundering and anti-terrorist financing laws require companies in certain sectors — including banks, casinos and real estate firms — to identify their clients, keep records and report large cash deals and other suspicious transactions to Fintrac.There are roughly 20,000 companies in the real estate sector that fall under the regulations.If violations are found during an on-site examination, that could lead to fines of up to $100,000 per violation for individuals and up to $500,000 per violation for companies, depending on severity.However, the federal watchdog issued monetary penalties only nine times during the almost five-year time span, the document shows.When asked why more penalties weren’t issued, Fintrac said it considers several factors when deciding whether or not to fine a company. Those factors include the business’s compliance history, the seriousness of the violation and the extent to which the company has taken steps to correct the problem.There are a number of avenues the watchdog can pursue besides a fine, the agency said, such as establishing an action plan or conduction a follow-up exam.“In the nine cases identified, it was determined that the most appropriate course of action was to issue an administrative monetary penalty,” Fintrac spokeswoman Renee Bercier said in an email.“For the remainder, other enforcement actions were undertaken.”According to the federal agency’s website, Pickering, Ont.-based Countrywide Generations Realty was fined $11,440 in July 2015 for six violations including incomplete record keeping and failing to identify clients in some instances.In another case, Mississauga, Ont.-based ReMax Active Realty was fined $6,770 back in 2013 for four violations, including failing to develop and apply policies and procedures to detect money laundering.In total, Fintrac has issued 12 monetary penalties in the real estate sector since Dec. 30, 2008, though in the vast majority of instances the companies were not publicly identified.Jack Bensimon, the anti-money laundering adviser at Toronto-based Securefact, said he wasn’t surprised to hear about the results of the examinations, given the lack of knowledge about best practices amongst real estate professionals.“There are very, very few real estate brokerage firms that I’ve come across that actually have dedicated compliance staff,” Bensimon said.The low levels of compliance in the sector are problematic because real estate is highly vulnerable to money laundering, according to Bensimon.“Canada is known to be a safe haven for parking investment capital,” he said, adding that it’s fairly easy for criminals to disguise the initial source of the cash by transferring several times, a process referred to as the “layering approach.”The Canadian Real Estate Association said it has provided training for its members with regard to preventing money laundering.Pierre Leduc, a spokesman for CREA, said the organization has asked Fintrac for information about the results of examinations but the federal watchdog has not provided it.“Since we aren’t getting audit information from Fintrac we don’t know specifics of compliance challenges, which makes it incredibly difficult for us help our members address any shortcomings,” Leduc said in an email.Follow @alexposadzki on Twitter. by Alexandra Posadzki, The Canadian Press Posted Sep 14, 2016 2:00 am MDT Last Updated Sep 14, 2016 at 2:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Fintrac found ‘significant’ deficiencies at nearly 500 real estate firms: data