Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments
Recent executive orders by the governor to facilitate teleconferencing to reduce the risk of covid19 transmission at public meetings. Ordinarily, the brown act sets strict rules for teleconferencing. The executive order does require that we continue to notice meetings in advance. The department has met all of the applicable notice requirements. As noted on the agenda, members of the public may observe this teleconference meeting via sf gov tv and may Public Comment by calling the published Public Comment phone number. I would like to welcome the members of the public and staff who are watching online, sfgovtv. The Commission Asks and thanks for your patience during these unprecedented times. Teleconferencing has never happened in our history. That being said, we respectfully ask the public to have patience and expect delays and gaps during the meeting, particularly during Public Comment. Were working diligently to learn and become familiar with this new system as this may be the way we
Authorization. All right, with that, i just wanted to thank staff again for keeping this very Important Program moving and taking the time to give us an update today. I dont think we have any other comments and thats our last item. So. A very smooth meeting [laughter] so thank you, everyone. Stay well and were adjourned. See yall soon. Thank you. Byebye. Good morning. I call the San Francisco department of disability and aging Services Commission meeting of may 6th, 2020 to order. I am the Commission President and this Commission Meeting is being conducted pursuant to visions of the brown act and recent executive orders by the governor to facilitate teleconferencing to reduce the risk of covid19 transmission at public meetings. Ordinarily, the brown act sets strict rules for teleconferencing. The executive order does require that we continue to notice meetings in advance. The department has met all of the applicable notice requirements. As noted on the agenda, members of the public may
Governor to facilitate teleconferencing to reduce the risk of covid19 transmission at public meetings. Ordinarily, the brown act sets strict rules for teleconferencing. The executive order does require that we continue to notice meetings in advance. The department has met all of the applicable notice requirements. As noted on the agenda, members of the public may observe this teleconference meeting via sf gov tv and may Public Comment by calling the published Public Comment phone number. I would like to welcome the members of the public and staff who are watching online, sfgovtv. The Commission Asks and thanks for your patience during these unprecedented times. Teleconferencing has never happened in our history. That being said, we respectfully ask the public to have patience and expect delays and gaps during the meeting, particularly during Public Comment. Were working diligently to learn and become familiar with this new system as this may be the way we conduct future Commission Meet
Meeting of may 6th, 2020 to order. I am the Commission President and this Commission Meeting is being conducted pursuant to visions of the brown act and recent executive orders by the governor to facilitate teleconferencing to reduce the risk of covid19 transmission at public meetings. Ordinarily, the brown act sets strict rules for teleconferencing. The executive order does require that we continue to notice meetings in advance. The department has met all of the applicable notice requirements. As noted on the agenda, members of the public may observe this teleconference meeting via sf gov tv and may Public Comment by calling the published Public Comment phone number. I would like to welcome the members of the public and staff who are watching online, sfgovtv. The Commission Asks and thanks for your patience during these unprecedented times. Teleconferencing has never happened in our history. That being said, we respectfully ask the public to have patience and expect delays and gaps du