A member of the North and Central American and Caribbean division of the Longines FEI Jumping Nations Cup™ series, Thunderbird Show Park has announced the cancellation of the 2021 CSIO5* Longines FEI Jumping Nations Cup™ of Canada, originally scheduled to run during the venue’s Odlum Brown BC Open tournament on 6 June 2021.The cancellation comes as a result of a Provincial Health Authority announcement made 19 April, extending British Columbia’s current health order in response to the ongoing global pandemic.“With the announcement from the Provincial Health Authority extending and adding to the current restrictions, it is with great regret we are unable to host the Canadian Premier and Odlum Brown BC Open,” said Chris Pack, President of Thunderbird Show Park. “Instead, we’ll pivot and plan for a 3-week tournament series in June and July, adding an extra week before our West Coast Classic and Western Family tournaments, and a three-week tournament series as planned in August.”With five decades of history hosting high performance sport, Thunderbird Show Park, located in Langley, BC, hosted its first Nations Cup event in 2016 and its first CSIO5* in 2018. By the end of that year, the venue was awarded the Longines FEI Jumping Nations Cup™ for a three-year term. The most historic team event in show jumping, the Longines FEI Jumping Nations Cup™ of Canada has provided some memorable moments in Langley, among them a hometown victory for Team Canada in 2019. That team consisted of Lisa Carlsen, Mario Deslauriers, Nicole Walker and Tiffany Foster, who grew up showing at tbird.“We’d like to thank Longines as well as the BC Open’s title sponsor Odlum Brown for their continued support of our venue,” Pack said. “The BC Open and the Longines FEI Jumping Nations Cup of Canada have become highlight events on our calendar at tbird, and we all greatly look forward to their return in 2022.”Thunderbird Show Park has not hosted competition since the venue’s CSI2* Harvest Welcome in October 2020, which was the only FEI competition in Canada last year. The venue plans to add events to its calendar later this summer, pending further easing of restrictions.“We know this is the right choice for our community, and we appreciate everyone’s continued support,” Pack said. “We will release more details about entering the new third week in July in the near future.”For more information on Thunderbird Show Park, including the Longines FEI Jumping Nations Cup™ of Canada, visit tbird.ca. Tags: Thunderbird Show Park, Odlum Brown BC Open, tbird, Canadian Premier, CSIO5* Longines FEI Jumping Nations Cup™ of Canada, Provincial Health Authority, We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. Horse Sport Enews Email* More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes. Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! SIGN UP
1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Brandy Bruyere Brandy Bruyere, NCCO was named vice president of regulatory compliance in February 2017. In her role, Bruyere oversees NAFCU’s regulatory compliance team who help credit unions with a variety of … Web: www.nafcu.org Details Within the past year, the Bureau of Consumer Financial Protection (BCFP) has gone through numerous changes reflecting new leadership. Many of these changes came as a result of reviewing various regulatory rulemakings that have had a significant impact on the credit union industry. NAFCU continues to fight on behalf of the credit union industry, as credit unions are still in need of additional relief. Here are five issues the bureau can immediately address to improve the regulatory environment. Remittance reliefSince 2013, when the bureau made changes to its remittance rule, NAFCU has been concerned about the rule’s highly burdensome compliance costs for credit unions.Responding to the bureau’s assessment of the rule last year, NAFCU asked that credit unions be exempted from the rule. “Numerous credit unions have been forced to stop offering remittance transfer services because the compliance burden is simply too high … With fewer credit unions continuing to provide such services, consumers’ options and ability to shop are severely limited,” NAFCU wrote to the bureau. Last year, the bureau said it would issue its assessment report by Oct. 28. Complaint databaseNAFCU has pressed the bureau to stop publicly publishing complaint information that cannot be fully verified in order to reduce the risk of reputational harm.In a recent letter to the bureau on the issue, NAFCU highlighted that credit unions take their member-owners’ issues seriously and work to resolve them efficiently and effectively, but that “current public reporting practices skew transparency and do not work as intended.” When unverified complaints are published on the bureau’s consumer complaint database, it “can pose serious reputational risks to targeted institutions.”NAFCU provided a list to the bureau of ways to improve consumer reporting practices, which can be read here. HMDA reliefWhile some Home Mortgage Disclosure Act (HMDA) relief was passed into law as part of the NAFCU-backed Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), the association continues to push for more.A provision in S. 2155 would exempt depository institutions that have originated fewer than 500 open-end lines of credit and or fewer than 500 closed-end mortgages in the previous two years from certain HMDA reporting and recordkeeping requirements. The law also requires the Comptroller General to conduct a study to evaluate the HMDA amendments and submit a report on the results to Congress.The association has also asked that the bureau review its HMDA data collection activities, including limiting the collection to only those fields mandated under the Dodd-Frank Act. PALs safe harborIn May, the NCUA proposed NAFCU-sought changes to expand its payday alternative loans (PALs) program to offer a second PALs option – PALs II, and explore a third option – PALs III. NAFCU has long advocated for additional mechanisms to allow credit unions to provide more small-dollar, short-term loans to members in need, and also hosted a small-dollar lending working groupto explore additional small-dollar lending options for credit unions.NAFCU has asked the bureau to expand the safe harbor exemption to include all PALs loans not only to provide regulatory relief, but also to encourage more credit unions to begin or expand PALs programs. Qualified mortgage safe harborAs a result of the bureau’s ability-to-repay and qualified mortgage (QM) rules, many of NAFCU’s members have decided to extend only those mortgages that meet the definition of a QM because of the legal and regulatory risks associated with extending non-QMs.While recent changes to the Dodd-Frank Act have provided some relief with the addition of a new safe harbor category for loans held in portfolio, more can be done. NAFCU has recommended that the bureau reconsider the 2021 expiration of the temporary government-sponsored enterprise QM category, and make this category a permanent safe harbor exemption. Doing so would ensure that credit unions continue to have access to a healthy and functioning secondary market.
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