EDUCATES

EDUCATES

Gain exclusive insights on issues crucial to doing business across the Atlantic at our seminars, keynote talks, panels, and deep dive workshops.

EDUCATES
ACCELERATES

ACCELERATES

The EACC helps facilitate growth and development of its transatlantic member organizations through strategic B2B referrals.

ACCELERATES
CONNECTS

CONNECTS

The EACC keeps you up to speed on the latest business news from the U.S. and Europe, and connects you to useful tools, member resources, including policy & regulatory resources.

CONNECTS
CONVENES

CONVENES

The EACC gives its members a seat at the table of the transatlantic business dialogue.

CONVENES
NAVIGATES

NAVIGATES

The EACC is here to help members navigate the transatlantic business community.

NAVIGATES
YOU

YOU

The EACC is here to serve you and your company’s business goals and needs, large and small. Learn what our members think here.

YOU
previous arrow
next arrow
EDUCATES

EDUCATES

Gain exclusive insights on issues crucial to doing business across the Atlantic at our seminars, keynote talks, panels, and deep dive workshops.

NYSE

ACCELERATES

The EACC helps facilitate growth and development of its transatlantic member organizations through strategic B2B referrals.

CONNECTS

CONNECTS

The EACC connects its members by using its transatlantic network.

CONVENES

CONVENES

The EACC gives its members a seat at the table of the transatlantic business dialogue.

NAVIGATES

NAVIGATES

The EACC is here to help members navigate the transatlantic business community.

NYSE - copy

YOU

The EACC is here to serve you and your company’s business goals and needs, large and small. Learn what our members think here.

previous arrow
next arrow

TRANSATLANTIC NEWS

Chapter News

ECB | Low for Long? Reasons for the Recent Decline in Productivity

Blog post by Óscar Arce and David Sondermann |  Over the first two decades of the currency union, labour productivity (output per worker) in the euro area has been weak, at least when compared to other advanced economies. While productivity grew annually on average by 0.6 percent from 1999 to 2019, the average pace was more than twice as fast in the United States. Productivity somewhat recovered after the pandemic, but more recently the picture changed for the worse...
Chapter News

CHIPS for America Announces $285 million Funding Opportunity for a Digital Twin and Semiconductor CHIPS Manufacturing USA Institute

Today, the Biden-Harris Administration issued a Notice of Funding Opportunity (NOFO) seeking proposals from eligible applicants for activities to establish and operate a CHIPS Manufacturing USA institute focused on digital twins for the semiconductor industry. Digital twins are virtual models that mimic the structure, context, and behavior of a physical counterpart. The CHIPS for America Program anticipates up to approximately $285 million for a first-of-its-kind institute focused on the development, validation, and use of digital twins for semiconductor manufacturing, advanced...
Chapter News

IMF | Georgieva: the World Needs a Strong, Cohesive Europe

Keynote Address by Kristalina Georgieva, IMF Managing Director, at the Annual EU Budget Conference 2024. What a pleasure to be here today, surrounded by friends, on a brief stopover between Saudi Arabia and Chile. Whenever I’m in Brussels I feel I’m at home. And home it was for me, for seven years, working at the European Commission. Someone famous may have had seven years in Tibet, I had my seven years in Brussels—including serving as Vice President for Budget and Human Resources...
Chapter News

U.S. Department of Commerce Celebrates World Trade Month 2024

On May 1, U.S. Secretary of Commerce Gina Raimondo celebrated World Trade Month by reaffirming the Biden-Harris Administration’s commitment to creating a more sustainable and inclusive economy through international trade. “International trade is essential to our nation’s economic growth and helps Americans build more resilient businesses and communities,” said Secretary Raimondo. “Throughout World Trade Month, the Commerce Department will celebrate and reaffirm the Biden-Harris Administration’s enduring commitment to deepening our economic cooperation with allies, bolstering supply chain resilience, ensuring a...
Chapter News

European Commission | Global Gateway: Scaling up Sustainable Finance in EU Partner Countries

The European Commission received today the final recommendations of the High-Level Expert Group on scaling up sustainable finance in low-and middle-income countries (HLEG), in the presence of International Monetary Fund Managing Director Kristalina Georgieva. Since 2022, emerging markets have experienced the worst ever capital outflows. The report provides concrete and innovative actions the Commission can take to mobilise private capital for sustainable investments in Global Gateway partner countries. It outlines ten recommendations, with a focus on establishing an enhanced strategic engagement...
Chapter News

U.S. Department of Commerce Announces New Actions to Implement President Biden’s Executive Order on AI

Announcements include draft guidance documents, a draft plan for international standards, and a new measurement program opening for public comment The U.S. Department of Commerce announced today, following the 180-day mark since President Biden’s Executive Order (EO) on the Safe, Secure and Trustworthy Development of AI, several new announcements related to the EO. The Department’s National Institute of Standards and Technology (NIST) has released four draft publications intended to help improve the safety, security and trustworthiness of artificial intelligence (AI)...

UPCOMING EACC EVENTS

Webinar | Quarterly EU Economic Update: Springtime in Europe – The Return of Growth and Prospects for the Year Ahead

First quarter growth proved better than expected in Europe. In both the Euro Area and EU as a whole, GDP expanded 0.3% as Germany returned to growth and Spain, Ireland, and the Baltics (among others) reported strong expansions. These green shoots are welcome following a challenging 2023 in the EU and growth is expected to gradually pick up over the course of the year as the headwinds from tight financial conditions fade and falling inflation along with a still solid labor market helps boost real disposable income. The growth divergence between the US and EU that marked 2023 is already closing, with the US just barely growing faster than the EU (0.4% to 0.3%) over the first three months of the year.

Webinar | Doing business in the United States: What You Need to Know About the US Sustainable Energy Market

The webinar series ‘Embracing global markets’ is a specialty workshop series developed by the European American Chamber of Commerce for the European Enterprise Network (EEN). The webinars have been developed exclusively for the 'Enterprise Europe Network' by the EEN USA consortium, comprised of EACC New York, EACC Texas and EACC Carolinas and feature subject matter experts on a variety of topis relevant to companies expanding into the US market.

    PARTNER EVENTS

    Must-knows for US retailers and brands operating in UK/EU markets

    Greenwashing Exposed: Must-knows for US retailers and brands operating in UK/EU marketsConsumers, investors and business partners are all looking for more sustainable businesses, products and services. The recent increase in environmental claims made by businesses has gained the attention of regulators and new laws aimed at preventing 'greenwashing' are also in the pipeline. Are your environmental claims inadvertently increasing legal risks for your business? Join Osborne Clarke's FREE webinar with members of our International Greenwashing team, to learn how to avoid allegations of greenwashing when making green claims and what compliance processes you need to put in place to make such claims.
    You'll learn
    • The latest EU & UK regulations impacting on environmental claims: Avoid legal trouble with complaint claims.
    • The lessons to learn from regulator action: Understand the current regulatory landscape across Europe and key investigations and cases to date.
    • Staying compliant: Understand the new EU Directives impacting environmental claims in the pipeline.
    • Actionable steps to take now: Protect your brand reputation and profits with practical advice from our Greenwashing experts as to how legal teams can mitigate the risks in this area. ️
    SPEAKERS:
    • Anna Williams, Partner, OSBORNE CLARKE, UK
    • Dr Martin Soppe, Partner, OSBORNE CLARKE, Germany
    • Alix Taverne, Associate, OSBORNE CLARKE, France
    REGISTER HERE

      MEMBER NEWS

      Member News

      Troutman Pepper | Cybersecurity: The New PE Firm Team Sport

      This article was originally published in the ACG Middle Market DealMaker Magazine | Spring 2024 issue on May 6, 2024 and is republished here with permission. Historically, many private equity firms have let their portfolio companies independently manage cybersecurity. Given the increase in data and cyber risks, sophistication of threat actors, and impact and cost of breaches, leading PE firms are taking a new collaborative approach. While portfolio companies are still able to operate independently, PE firms and their deal teams...
      Member News

      Offit Kurman | Blunder No. 5: Do Not Judge a Will by Its Cover

      Occasionally, an attorney may draft a United States Will for an international client who holds assets in more than one country. The attorney may pull a model Will out of their file cabinet or off the computer and change the first page. This could involve adding a preamble on the first page stating that this Will pertains only to United States property. The printed back of the Will may declare that this is the client’s “United States Will.” Thus,...
      Member News

      Troutman Pepper | Several Regulators Re-Propose Rules to Curb Incentive Compensation at Financial Institutions

      On May 6, the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and Federal Housing Finance Agency (FHFA) issued a notice of proposed rulemaking and request for public comment to implement Section 956 of the Dodd-Frank and Wall Street Reform and Consumer Protection Act (Dodd-Frank). Under Section 956, the FDIC, OCC, FHFA, National Credit Union Association (NCUA), Securities and Exchange Commission (SEC), and Board of Governors of the Federal Reserve System (the Fed) are tasked with...
      Member News

      RSM | Regulations and Rate Cuts to Drive Renewable Energy Growth

      As renewable energy projects contend with volatile energy markets, new regulations and a challenging investment climate, it’s easy to lose sight of the progress being made in the transition away from fossil fuels. Sustained investment in renewables continues, despite the hurdles, and will translate into enduring growth as economic activity becomes less dependent on fossil fuel prices and supply fluctuations. Ultimately, as the transition accelerates and renewable electricity generation increases, economic prosperity will ensue as emissions fall. But getting there is a...
      Member News, Trade & TTIP Related

      GDLSK | US Department of Commerce Issues Preliminary Scope Determination in ADD/CVD Investigation on Aluminum Extrusions from 14 Countries

      The Department of Commerce’s preliminary determination in the antidumping duty investigation (ADD) investigations on aluminum extrusions from 14 countries was published on May 7, 2024.  The scope of the investigation covers a broad array of products containing aluminum extrusions, including specific articles, components, subassemblies, and numerous downstream products.  The scope also contains several exclusions from the investigation that are defined by technical parameters.  Further, the scope contains a specific list of covered products if produced in China. In short,...
      Member News

      Vulcan View: The latest EU developments April 29 – May 3

      Tensions rise between UK and Ireland over immigration Attempts to handle the unprecedented levels of immigration have this week prompted diplomatic tensions between Ireland and the UK. Looming general elections on either side of the Irish Sea means that there has been considerable political jockeying on the issue, which perception polling indicates will be top of mind for voters. Responding to a line of questioning from Clare Independent TD – and MEP candidate for Ireland South ­– Michael McNamara, Minister for...

      EACCNY Executive Director celebrating Europe Day at the EU Delegation to the United Nations.

      EACCNY Member Ian Hunter, Director, OCO Global received the “Rising Star Award” at this years New York World Trade Week. Congratulations!

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

      EY
      AlixPartners_Logo_K_6in (1)
      HSBC
      WilliamRRhodes
      BNYM logo for website