An anti-abortion organization that launched a prison movement against the University of Aberdeen and its pupil affiliation for alleged “illegal discrimination” has received a presence on campus.
Aberdeen Life Ethics Society claimed an Aberdeen University Students’ Association policy of “deplatforming seasoned-life pupil societies” violated equality and human rights legal guidelines.
The affiliation has now been authorized. However, criminal action remains being pursued.
Papers have been lodged at Aberdeen Sheriff Court’s ultimate month as Aberdeen Life Ethics Society (Ales) believed it to be unfairly denied a presence on campus.
It said the felony motion followed “repeated efforts to resolve this problem via inner bureaucratic channels .”‘Long-awaited result’ Ales stated in a declaration: “Ausa knowledgeable us that our society application has been accredited, which means that we have officially obtained affiliation. “This is a long-awaited result to apparently endless war, but we couldn’t be greater thrilled.”
The Ales criminal action is continuing over alleged discrimination. The organization formerly said a pro-life function “could be an unpopular minority opinion” at the campus; however, it became fully protected by regulation. Ausa stated: ‘We can verify that an application to associate become received from Aberdeen Life and Ethics Society and become in the end approved.” A University of Aberdeen spokesperson stated: “The University is an inclusive community and recognizes extraordinary ideals, values, and cultures.
“Student societies and golf equipment sit down with the Aberdeen University Students’ Association.”In recent years, universal banking has been growing its popularity in Indonesia. Mandiri Bank, for example, has taken a strategy to become Indonesia’s universal bank; this bank has also initiated to development of an integrated financial risk system in terms of sounding financial performance and increasing shareholder value. In Germany and most developed countries in Europe, universal banks have initiated their operations since the nineteenth century. There is mounting evidence that universal banks have taken an important part in the development of real sectors and the financial system in those countries. In those countries, the growing numbers of universal banking practices are really supported by central bank k.
Despite this, in The United States, they are strict about regulating universal banks by blocking commercial banks from engaging in securities and stock market practices. They argued that the practice of universal banking might be harmful to the financial system. ((Boyd et al., 1998) cited in Cheang, 2004) The “risk” might be the key reason why the central bank of The U.S is worried about the universal banking system. Since, if the center of bank allowed banks to adjust their operation to be universal banks, the relationship among banks, financial and stock markets would be closer.
Consequently, this would give uncertainty to the bank’s condition and performance. For example, if there were a disaster in the stock market, banks would get problems in their financial positions. Thus, they would tend to be insolvent. In addition, universal banks would also threaten the market share of other specialized institutions because more customers would choose universal banks that offer more options for their investment. Hence, more specialized institutions are likely to be ruined in the U.S financial industry.
One major factor triggering a bank to be a universal bank is to increase the profit by enlarging its market share. According to João A. C. Santos (1998), universal bank itself can be defined as a financial institution, which enlarges its service range in offering various financial products and services in one site. Thus, by operating universal banking, banks could get a greater opportunity to expand to another financial area, such as financial securities, insurance, hedge funds, etc.
Although the trend of banks has recently tended to universal banks, it is undoubtedly true that universal banks would also face further risks because a wide range of financial services is strongly associated with increased risks and escalating monitoring costs. These are the major concerns why banks have to implement more advanced technology in terms of financial risk management. Moreover, the practices of universal banks would cause significant risks to the economy’s payment system. Since the operation of universal banks connects closely to the financial and stock markets that very fluctuate in the short term.