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
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TRANSATLANTIC NEWS

Chapter News, News

OECD | Biotech Start-Ups in Europe: Why Does the EU Lag Behind Competitors and What Can Policymakers do About it?

With the EU Biotech Act marking a major push to strengthen Europe’s biotechnology sector, new OECD research offers a timely check on where the bloc stands. The evidence shows that Europe still lags competitors in biotech start-up creation, patenting and venture capital funding. This blog unpacks the gap and explores how agile regulation and smarter financing tools can help EU policymakers build a more competitive biotechnology start-up ecosystem. Biotechnology has the potential to drive economic growth and high-value job creation,...
Chapter News, News

IMF | Financial Stability Risks Mount as Artificial Intelligence Fuels Cyberattacks

Resilience, supervision, and international coordination are essential to safeguarding global financial markets as new AI tools enable attackers. Artificial intelligence is transforming how the financial system copes with vulnerabilities and reacts to incidents. Yet it is also amplifying cyber threats that can undermine financial stability when the offensive capabilities of intruders outpace defenses. IMF analysis suggests that extreme cyber‑incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets. The financial system relies on shared digital infrastructure that’s highly interconnected, including...
Chapter News, News

European Commission | EU and US Launch Strategic Partnership on Critical Minerals

Today, the EU and US signed a Memorandum of Understanding (MoU) on a strategic partnership on critical minerals and agreed an EU-US Critical Minerals Action Plan. These initiatives reflect the EU's commitment to deepen cooperation on critical raw materials. This is a key step in enhancing resilience and diversification of supply chains, amid shared geopolitical and economic challenges. Signed today by Commissioner for Trade and Economic Security Maros Šefčovič and US Secretary of State Marco Rubio in Washington DC, the MoU...
Chapter News, News, Trade & TTIP Related

European Council | VAT fraud: Council agrees to strengthen cooperation with EU investigative bodies

The Council today provisionally agreed new rules to strengthen the fight against value added tax (VAT) fraud in the EU by ramping up cooperation between member states, the European public prosecutor’s office (EPPO) and the European anti-fraud office (OLAF). The new framework will give EPPO and OLAF more direct access to key VAT data on cross-border business transactions in the EU, including information held by Eurofisc - the EU’s anti-VAT fraud network. " We have taken massive strides in tackling VAT fraud over recent years....
Chapter News, News

World Bank | Commodity Prices Rose in April—Pink Sheet

The energy price index rose 12.1% in April, driven largely by crude oil (+8.7%). The non-energy price index increased 3.2%. Agricultural prices gained 1.5% in April, led by food prices (+1.5%); raw materials rose 2.5%, while beverage prices edged up 0.4%. Fertilizer prices surged 14% Metals edged up 1.4% in April, led by aluminum (+6.7%), zinc (+5.7%), and nickel (+5.2%). Precious metals fell 2.7%, weighed down by a decline in gold (-2.8%). The Pink Sheet is the World Bank’s monthly report on commodity...
Chapter News, News

European Parliament | Digital Markets Act: MEPs Want Stronger Enforcement Amid External Pushback

The Digital Markets Act (DMA) is a key instrument to improve market openness and fairness, competition, and user choice in the EU New challenges posed by generative AI and cloud services need to be addressed External pressure must not compromise the EU’s sovereignty and autonomy to define its rules Effective and proportionate fines essential to ensure deterrence and safeguarding DMA’s effectiveness MEPs are pushing for the Commission’s timely and effective enforcement of the EU’s Digital Markets Act and closer...

UPCOMING EACC EVENTS

WEBINAR | Quarterly EU Economic Update: This Time Is Different - Europe Builds on its Foundations for Stability and Growth

President Trump’s decision to attack Iran has the potential to transform the Middle East – but at least in the short-term has led to sharply higher energy prices. But unlike in 2022, when Russia’s invasion of Ukraine triggered an energy crisis, this time Europe is much better prepared. The EU has greatly expanded its use of renewable energy, has diversified its suppliers of oil and natural gas, and has upgraded its domestic energy infrastructure.

    PARTNER EVENTS

    Webinar | Don't Leave Value on the Table – Navigate Unsolicited Offers for Your Business

    Hosted by PKF O'Connor Davies | Join us for a live webinar designed for business owners, executives and their advisors who have received — or may receive — an unsolicited offer for their business. In today’s highly active M&A market, inbound interest from strategic buyers and private equity firms is more common than ever, but not all offers reflect the true value of your company or represent the best fit.

    Strengthening Risk, Controls, and AI Governance for Law Firm Leadership

    Hosted by Anchin | As firms work more closely with banks, clients, and other third parties, expectations around internal controls and IT security are becoming increasingly interconnected. Security reviews today extend well beyond technical safeguards to evaluate the strength of underlying operational and financial controls. Gaps in these areas can expose firms to heightened risk, regulatory scrutiny, and operational inefficiencies.

      MEMBER NEWS

      Member News, News, Trade & TTIP Related

      Thompson Hine | CIT Panel Strikes Down Trump Administration’s Section 122 Tariffs

      In a 2-1 decision, a three-judge U.S. Court of International Trade (CIT) panel struck down May 7, 2025, the Trump administration’s implementation of Section 122 tariffs (see Thompson Hine Update of February 23, 2026). The 10% tariff on a wide range of imported goods, the panel reasoned, extended beyond President Trump’s power to address any “balance-of-payments” deficit, as provided under the statute. The judges, however, declined to block the Section 122 tariff nationwide, limiting their decision to imported goods of certain plaintiffs appearing...
      Member News, News

      Bannockburn Capital Markets | US Jobs on Tap after Court Ruled Against Section 122 Tariffs and Conflict in the Middle East

      After recovering in the North American afternoon for the second consecutive session yesterday, the dollar has been sold again in Asia and Europe today. The market has mostly shrugged off news of new hostilities in the Middle East. As is often the case, the ceasefire has been frayed but appears to remain intact. Ostensibly, it runs until May 17. Late yesterday, a federal trade court issued a narrow ruling on 2-1 vote to grant a request by a group of...
      Member News, News

      Wilson Sonsini | North Korea-Linked Schemes to Obtain Employment in U.S. Tech Companies: What You Need to Know and How to Respond

      During the past few years, operatives associated with the Democratic People’s Republic of Korea (North Korea or the DPRK) have reportedly infiltrated hundreds of U.S. companies by fraudulently posing as legitimate remote IT workers. The perpetrators, together with accomplices across multiple jurisdictions (including inside the U.S.), funnel wages back to North Korea in violation of economic sanctions, and in many cases steal company data, source code, and trade secrets. In a smaller subset of cases, after being discovered and...
      Member News, News

      Arendt | EU Commission Launches Public Consultation on Revised ESRS and Voluntary Sustainability Reporting Standards

      The EU Commission has launched a public consultation on draft revised European Sustainability Reporting Standards (ESRS) and voluntary sustainability reporting standards for undertakings with up to 1,000 employees. The revised ESRS aim to significantly reduce reporting burdens while preserving decision-useful information, while the voluntary standards introduce a “value chain cap” to limit information requests addressed to smaller undertakings within value chains. Context On 6 May 2026, the EU Commission announced a call for feedback on its draft Delegated Acts covering (i)...
      Member News, News

      Fox Rothschild | The GAO Report on the CFPB Reorganization: What Banks and Financial Services Providers Should Know

      Key Points The GAO's report on the CFPB reorganization confirms that mass workforce reductions, dismissed enforcement actions and a congressionally slashed budget cap have fundamentally reshaped federal consumer finance supervision. The pending en banc D.C. Circuit decision in National Treasury Employees Union v. Vought will likely determine whether the CFPB's proposed 88% reduction in force proceeds. Financial services providers should prepare for fewer federal CFPB enforcement actions offset by aggressive multistate regulatory oversight and a rise in private consumer finance litigation invoking CFPB-developed legal theories. The Government Accountability...
      Member News, News

      Ogletree Deakins | Navigating the EU Pay Transparency Directive: The Latest Developments

      As the transposition deadline of 7 June 2026 looms closer, EU member states remain at vastly different stages of implementing the EU Pay Transparency Directive. Quick Hits EU member states Estonia, Malta, Lithuania, and Slovakia have released recent updates on their respective implementation of the EU Pay Transparency Directive. Delays are now expected for Estonia; meanwhile, Malta, Slovakia, and Lithuania are still on track to meet the 7 June 2026 deadline. The European Commission has previously stated that the date for implementation remains...

      Latest & Leading

      EACCNY Team returns from Meetings with EU Commission & EU Parliament in Brussels

      We had very fruitful discussions about the future of transatlantic trade, EU-US relations and various other issues that affect businesses on both sides of the Atlantic. The fact remains that Europe and the United States are each others most important trading partners.

       

       

      Member Spotlight

      ICT America (Ex ICT Lions /Lion’s Courage Corporation) is a U.S.-based accounting and advisory firm and the American arm of ICT Europa Group, an established international financial services organization with over 160 professionals serving more than 300 clients globally. Through its integrated structure, it combines U.S. market expertise with scalable international delivery. The firm provides end-to-end financial, accounting, and tax support to U.S. and international businesses, with a strong focus on companies operating across borders, including U.S.–Europe transactions and structures. Its core services include Accounting & Bookkeeping, Corporate Tax Compliance, Transfer Pricing, Payroll & Workforce Support, Outsourced CFO/Advisory, Cross-Border Structuring. ICT America operates under ISO 9001 and ISO 27001 standards and maintains substantial professional liability insurance, ensuring a high level of quality, security, and reliability for clients.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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