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About Michael Beaton

Michael is a lawyer and Managing Partner at Derivatives Risk Solutions LLP, a legal and regulatory consultancy. He writes on a wide range of regulatory issues, particularly recovery and resolution plans, central counterparty clearing and derivative documentation.

Minutes of MOHGS Meeting 25 September 2023

Apologies from all those not here.

Present: – PB, CM, CC, MS, JG (1), DGM, MD, DF, JG (2), AW, JG (3), PF, TM, MF, PL (golf only), BR (meeting only), MM (meeting only)  

Fifteen players this morning, the Competition Secretary surprised the bunch with a seeded Texas Scramble! The five top seeds were selected on their ability to hit the ball a long way, the rest just selected out of the bag! No minimum drives for the three man teams. Handicap to be 10% of combined and bunkers were deemed GUR.

Two Beers adopted the Chair.

Competition Results.

One two today for Monty’s Team at the 8th, and one at the 4th for Herbie’s Team, as a consequence of a minimal payment £3.00 went into the Emperor’s tin.

The Competition Secretary announce that 4.3 strokes covered all the teams.

However,

Duffers of the Day was Davo’s Team (Davo, Brains and Ming) with 72.7 shots.

Deputy Duffers of the Day was the Silver Fox’s Team (Silver Fox, Geezer and Ming) with 71.8 shots.

Middle for Diddle was Winker’s Team (Winker, Kwok, The Cardinal) with 71.2 shots.

Runners up was Herbie’s Team with 69.8 shots, Herbie, The Laird and Crocs each receive £1.

Winners was Monty’s Team with 68.4 shots, Monty, Sparky and The Rabbi get £4 each.

Handicaps will be adjusted in the time-honoured manner.

It was agreed that the Competition Secretary had exceed all expectations with his innovative competition.

Swears raised £4.90 and the Levy raised £7.50. Geezer cards were not in operation.

The Chairman welcomed Shagpile back into the fold, it was great to see him and listen to his new stories!

Toasts

The Solhiem Cup Team for retaining the cup in Spain.

Ming for winning the Senior’s Competition last Wednesday.

NUFC for building a snowman at Bramall Lane on Sunday!

Last week’s minutes were accepted.

No Matters Arising

AOB

Two Beers advised that those going to Ramside should be aware that soft spikes were the order of the day.

Next Monday there will be only 4 players at Morpeth, can one of the four book a Tee time, JG(2) gamely offered to do so.

Christmas Party Day will be 11th December.

Herbie reiterated that only soft spikes were allowed at Ramside, the tumbleweed was palpable.

The meeting closed at 12.50.

Minutes of MOHGS Meeting 18 September 2023

Apologies from all those not here.

Present: – PB, PL, CM, BR, CC, MS, LW, JG (1), DGM, MD, DF, JG (2), AW, JG (3)

Fourteen players this morning, exercising the newly returned Competition Secretary’s ingenuity. He came up with a secret pair’s competition. Selected on conclusion of the game! He also curtailed the competition after 13 holes, a slight dampness in the air influenced this decision. However, some players continued and played an additional 3 holes. You know who you are!!

The Chairman appeared for the meeting, however abdicated his role to Two Beers.

Competition Results.

No twos today, £2.80 to the Emperor’s tin.

Duffers of the Day were Brains and Johnnie.

Deputy Duffers of the Day were The Cardinal and Herbie with 42 points.

Runners up were, Silver Fox and Monty, Crocs and The Laird, Davo and Two Beers, with 45 points, each pair receiving £1.80.

Winners were Emperor and Winker with 47 points, receiving the balance.

Handicaps will be adjusted in the time-honoured manner.

Geezer Cards raised £3, Swears £3.40 and the Levy raised £7.

Toasts

The GB Davis Cup Team for making the final in November.

Last week’s minutes were accepted.

No Matters Arising

AOB

Ramside is sorted, Two Beers will attempt to get an earlier tee time on Sunday and will contact all those going by e-mail to confirm final details.

The Competition Secretary asked for names of MOHGS who were wishing to play at Morpeth on October 2nd. Final names by next Monday so that he can arrange tee times.

He also announced that from 4 November to 29 January tee times will revert to 9-9.30 am.

Herbie announced that next week will be the final Summer League competition. Things were very tight at the top so those in contention should bring their A-Game.

The Cardinal asked if double points were on offer as in the Fed Ex Cup? Herbie will give serious consideration to the suggestion before dismissing it out of hand.

The meeting closed at 12.20.

Minutes of MOHGS Meeting 11 September 2023

Apologies from all those not here.

Present: – PB, PL, CM, BR, CC, MS, MC, LW, JG (1), MF, DGM, TM, MD

Thirteen players competed for the Chairman’s Quaich so 3 groups of 3, one groups of 4 singles. After heavy rain yesterday, the bunkers were GUR.

The Hon. Competition Secretary’s role was taken up by Crocs and Brains for the second consecutive week.

The Chairman sent his apologies as he had to escort Mrs B. for an hospital appointment.

Two Beers assumed the Chair.

Competition Results.

Two twos today a delicate chip in on the 4th and a dead eye put on the 14th, both by Crocs, he pocketed £2.60.

Duffer of the Day was Brains.

Deputy Duffer of the Day was Rabbi with 27 points!

Runner up and receiving £5 was Crocs with 38 points.

However, winner, champion golfer of the week and recipient of the Chairman’s Quaich was Johnnie with 39 points! He gets £8. From first to last in one week with a new golf grip! The magnificent trophy was presented by last year’s winner, Ming.

Handicaps will be adjusted in the time-honoured manner.

Geezer Cards raised £3.80, Swears £4.30 and the Levy raised £6.50.

Toasts

The Cardinal offered a toast to the written off England Rugby World Cup Team for a tremendous win over Argentina. Others suggested that it should be George Ford for the toast.

Last week’s minutes were accepted.

No Matters Arising

AOB

Ramside is sorted, Two Beers announced that all had paid and so had Ramside been, although not yet confirmed.

The Chairman thanked The Financial Director in advance for the drinks and sandwiches. He also thanked the stand in duo for organising the competition.

The repast miraculously appeared, and the meeting closed at 12.50.

Minutes of MOHGS Meeting 4 September 2023

Apologies from all those not here.

Present:-  PB, PL, CM, BR, SB, CC, GW, MS, MC, JG(3), LW, AW, JG(1), MF, DGM, TM , JG(2),

Two Beers assumed the chair to the manor born!

Seventeen players today so 3 groups of 3, two groups of 4 and singles.

The Hon. Competition Secretary’s role was taken up by Crocs and Brains.

Competition Results;

One two today by Two Beers he pocketed £3.40.

Duffer of the Day was Johnnie with 19 points!

Deputy Duffers of the Day were Silver Fox and Bumpers with 27 points!

There appears to be a concerted effort to get a handicap increase for next week’s Chairman’s Quaich!

In third spot was Ming with 33 points.

In second spot were Monty and Crocs with 35 points. All three receive £3 each.

However, winner and champion golfer of the week was Winker with 40 points! He gets £8.

Handicaps will be adjusted in the time honoured manner.

Geezer Cards raised £4.90, Swears £4.60  and the Levy raised £8.50.

Toasts

None offered.

Last week’s minutes were accepted.

No Matters Arising

AOB

The Laird had heard that Shagpile had had his anticipated back operation, apparently successful. MOHGS send Shagpile our best wishes for a rapid recovery.

Today’s Chairman thanked the stand in Comp. Secs.

Next Monday is the Chairman’s Quaich, 14 players and it will be singles.

Carles, please remember to bring the said trophy.

Ramside is sorted, Two Beers announced that two were still to pay but they were inside the time limit so names were not appropriate.

The Chairman’s observations from the course made him question if the Geezer Cards were being used in the correct spirit. He was aware that some groups decide to just split the payment and do not give out the cards to the unfortunate miscreants. He felt this was inappropriate and suggested that the cards should be used correctly in future.

There were general murmurings of approval for the intervention.

The meeting was concluded at 12.55.

MOHGS Meeting 28/8/23

Present:  TH DGM MS DF JG (1) CM AW GW JG(2) TM BR MD MF

Apologies: All missing MOHGS

Two Beers and Herbie slipped seamlessly into their administrative duties.

Results

Today’s competition was singles in fine bank holiday weather

DOD Davo 19pts (injured wrist ahh)

DDOD Laird 24pts

Third: Crocs 36pts

Second: Emperor 37pts

Winner: Geezer 38pts

All will have handicaps educed /added

Twos: At the 8th Sparky

Finance: No Geezer cards or swears implemented.

Matters arising:  None

Toasts:

Mike Dean finally admitting VAR crooked.

Victor Hovland winner of the Fedex and $18mil

All British winners at the world athletics

AOB:

Two Beers will be advising all those going to Ramside on 1st and 2ndOctober of the costs soon.

The Geezer reminded the meeting that the Xmas party was as he was boarding the plane on Monday 11th December.

Observations from the course described both Laird and Brains performing what can only be described as unusual sexual acts with their drivers!!!!!

Laird was pleased to report the Chairman was recovering well from his op and the meeting sent their best wishes.

The Competitions secretary will be missing for the next few weeks. Brains volunteered to stand in.

Meeting closed at 12.18pm

Minutes of MOHGS Meeting 21 August 2023

Apologies from all those not here.

Present:-  PB, PL, JG(1), TM, DF, JG(2), SB (left the course unwell), TH, LW, JG(3), MF, CM.

The Geezer slipped effortlessly into the Chair.

Twelve players originally today so 4 groups of 3 with the best 2 to score!

Competition Results;

Two two’s again today by The Scuttler, he very magnanimously donated his winnings to the Emperor’s Tin. Duffers of the Day were The Rabbi, Brains, and The Cardinal with 63 points.

The Laird, The Geezer and Monty were DDOD with 68 points.

Runners Up were Crocs, Sparky and JG(3) with 73 points.

So winners were The Scuttler and Johnnie, ably assisted for some holes by SB, scoring an impressive 75 points. They share £11.

Handicaps will be adjusted in the time honoured manner.

Geezer Cards raised £2.80, Swears £3.20  and the Levy raised £5.50, plus £3 from the winning pot!

Toasts Victor Hovland for winning the BMW in USA, with a round of 61!

Last week’s minutes were accepted.

No Matters Arising

AOB

Johnnie suggested we record our grateful thanks to Shagpile for arranging the golf at Newbiggin last Monday.

Next Monday is Bank Holiday, can those MOHGS who were not there today please let the Laird know if they intend to play. He will adjust the tee reservations on Wednesday 23 August so let him know tomorrow!!!The Chairman’s operation had been successful however he is to be careful for the next 10 days. We all wish him well for a swift recovery.The meeting was concluded at 12.30.

 

 

Minutes of MOHGS Meeting 7 August 2023

Apologies from all those not here.

Present:-  PB, TM (Left early), DF, GW, AW, CM, FB, BR, JG(2), PL, DGM, MD, MC.

Herbie joined us for Apres Golf festivities

The Chairman was in the Chair.

Fourteen players today so singles was declared.

Competition Results;

A plethora of two’s today, one two recorded today at the 8th by The Cardinal, another two at the 14th by the Cardinal, three at the 17th by Winker, Emperor and Sparky.

Since the pot would have been shared 5 ways, the Comp. Sec. suggested the £2.80 goes into the Emperor’s tin!

Duffers of the Day were The Geezer and Straggler with 25 points.

Deputy Duffers of the day were Davo, Rabbi and The Matador with 27 points.

In third place and receiving nothing was The Emperor and Sparky with 35 points.

Runner up and taking £4 was Monty with 36 points.

However the winner today was The Cardinal with 38 points pocketing £10.

Handicaps will be adjusted in the time honoured manner.

Geezer Cards raised £3.40, Swears £6.20  and the Levy raised £7.00

Toasts

NUFC for winning the Sela Cup yesterday!

Last week’s minutes were accepted.

No Matters Arising

AOB

The Rabbi announced that Biggles had received two commendations from Air Force senior Officers (Air Commodore and Air Vice Marshall) for his stirling work when stationed in Cyprus. Congrats from all the MOHGS to Biggles and our best wishes for continued improvement.

Sparky apologised for next Monday.

The Laird announced that Brain’s op had gone well and that he hoped to be gracing the fairways on Wednesday.

He also announced that Kwok was hoping to return to golf in the very near future. He has a date in September to see a consultant.

The Chairman stunned the meeting by announcing he was to go under the knife a week on Tuesday. Typically, he made light of the hernia repair he was about to undergo.

The meeting was concluded at 12.55.

Notes of meeting on 31 July 2023

Competition Secretary offered to take brief notes.

Comp sec announced the results of today’s golf, teams of 3 with 2 to count off 90% of MOGHS handicap. Only 15 holes played today as the competition sec made the decision to curtail the enjoyment of playing in the wet conditions and reduced the punishment mid-round. This was roundly accepted by all.
Results were very close.
Results :
DoD with 57 pts                   Emperor,Buck and Sparky
DDoD with 59 pts.               Matador,Ming and 2Beers
Runners up with 60 pts.    Geezer,Silver Fox and Laird
Winners with 63 pts.           Crocs,Rabbi and Monty
Winners received £4 each
Handicaps will be adjusted accordingly.
No 2’s again today (more later)
Levy £6.00
Swears £3.80
G Cards £3.00

2Beers chaired the meeting.
Toasts none
Last weeks minutes accepted
AOB: Crocs organised a bottle of Whiskey 🥃 ( note spelling, Irish) for John Scurfield ,who left MGC last Friday, on behalf of the MOHGS. John passed on his thanks. In discussions with a number of MOHGS the Emperor compensated Crocs from the MOHGS funds. There was a unanimous vote in favour of this gesture. Thank you Chris.

The Geezer brought up the thorny problem of the 2s pot suggesting:
1. Only players who contributed to the pot each week should be able to win.
The group, although broadly in favour of this, felt that it would require too much admin from someone, especially if there were rollovers.
The Laird counter proposed :
2. No rollover of pot. If not won then money goes to Emperors tin.
Proposal 2 was accepted almost unanimously.

Best wishes were proposed for Brains, Kwouk and Biggles.
Meeting closed 12.21

Minutes for 24 July 2023

Attendees
DF, TM, CM, GW, BR, CC, PL, MD, JG1, JG2, MC, DGM, SB, PL (MC and DGM had to leave before the meeting commenced. Hope you are feeling better Marcus). The acting Chair welcomed Steve Baird.

Results
No 2’s
DoD – Buck
DDoD – Ming & Laird
Runners Up – Bumpers & Herbie
Winners – Davo & Brains 🥳

Minutes of Last Meeting – AOK

Toasts – None

Dosh
2’s – £2.80 CF
Levy – £7
Swears – £4
Geezer cards – £3.40

AOB
The meeting wanted to send our best wishes to those MOHGS who are about to go into theatre 🔪 , those who are awaiting an invitation to go into theatre 👨‍⚕️,  and also to those who are no longer able to be with us on Monday mornings.


Minutes of MOHGS Meeting 17 July 2023

Apologies from all those not here.

Present:- PB, MD, JG(3), DF(left early), CM, BR, MC, PL, JG(1), DGN, MF, LW, AW, CC, MS, TH, JG(2). FB joined us for Apres Golf

The Chairman was in the Chair.

Seventeen players today exercised the Competition Secretary’s ingenuity and he devised a game of five teams consisting of three or four players. Two scores to count with handicaps adjusted accordingly.

Competition Results;

As the Comp Sec left early, the deputy Comp Sec announced the results.

One two recorded today at the 17th by Davo, he pockets £3.40

The Cardinal announced it was a thing of beauty! It was unclear if he was referring to the two shots or just his assessment of Davo!

Duffers of the Day were The Laird, Two Beers and Brains with 74 points.

Runners up were Davo, The Cardinal, Herbie and The Emperor with 78 points, getting £1.50 each.

The clear winners with 82 points were Ming, Winker, Scuttler, and Monty pocketing £3 each.

Handicaps will be adjusted in the time honoured manner.

Geezer Cards raised £3.80, Swears £3.60 and the Levey raised £8.50

Toasts

Rory for winning the Scottish Open yesterday.

Harry Searle for winning the boy’s singles championship at Wimbledon, the first British player since 1961 when Stanley Mathews Junior won it!

Last week’s minutes were accepted.

No Matters Arising

AOB

The Laird left a detailed interpretation of the rules regarding hitting balls on the green. This is lodged with the Scribe who can produce it when required, however the most important ruling is that there is no penalty when MOGHS are at play!!

Bumpers was somewhat put out when he realised that there were seventeen players, he offered to drop out and play with others. He was informed that he would have to pay the levy if he did not play!

The Emperor assured Bumpers that the statement was made in jest but Bumpers was unsure. Since the Competition Secretary was absent it was agreed to revisit the issue next Monday, however the Chair sagely stated that if you don’t play, you don’t pay!

With that he announced the meeting was concluded at 12.55.