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EDUCATES

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TRANSATLANTIC NEWS

Chapter News, News, Trade & TTIP Related

European Commission | Gas Coordination Group: No Immediate Security of Supply Risk

Despite lower gas storage levels compared to previous years, the Member States and the Commission consider there is no immediate risk for security of gas supply in the EU. In a meeting of the Gas Coordination Group (GCG) this afternoon, experts from the Commission and Member States confirmed that while the situation on global energy markets remains exceptional and requires close monitoring, it also differs significantly from that of 2021/2022. Today, the EU is better prepared, thanks to increased...
Chapter News, News

ECB | Big Tech, Big Debt: When US Tech Giants Tap the Euro Area Bond Market

Blog | US tech giants are increasingly tapping the euro area bond market to fund their investments. The ECB Blog investigates the consequences for this market and the potential for these developments to reshape it. The infrastructure for artificial intelligence (AI) requires huge investments. Think of the gigantic data centres and the massive electricity consumption to power them. US tech giants, including Google, Amazon and Microsoft, operate massive cloud and AI infrastructure. That is why these companies, known as hyperscalers,...
Chapter News, News, Trade & TTIP Related

European Council | EU Customs: Council Greenlights Landmark Reform

The Council today gave its final approval for an ambitious overhaul of the EU customs framework – the most comprehensive reform of its kind in decades. The updated legislation gives the Union a more modern toolbox and innovative new instruments to better facilitate global trade, especially in e-commerce, collect customs duties more efficiently and tighten controls on non-compliant, dangerous or unsafe goods. Managing the rise of e-commerce  The updated union customs code clarifies that non-EU e-commerce platforms will be considered the goods’ importer when selling into the EU and are therefore responsible for ensuring...
Chapter News, News

OECD | G20 Trade Accelerated in Q2 2026, Boosted Primarily by Merchandise Imports and Services Trade

G20 merchandise trade accelerated in Q2 2026. Measured in current US dollars, quarter-on-quarter import growth rose markedly to 6.7%, from the 5.2% growth recorded in the previous quarter, reflecting strong increases in a number of G20 economies. G20 merchandise exports growth remained broadly flat at 5.9%. Preliminary estimates also point to an acceleration in services trade, with exports rising by 3.4% and imports by 2.5%, as compared to 2.0% and 1.5% respectively in Q1 2026 (Figures 1 and 3).1 In...
Chapter News, News

IMF | Managing Director Kristalina Georgieva’s Statement at the Conclusion of the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina

 Asheville, N.C., United States: International Monetary Fund Managing Director Kristalina Georgieva delivered the following remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina: “I would like to thank the Government of the United States for hosting this week’s G20 meeting, and Secretary Bessent and Chairman Warsh for their leadership in delivering a focused discussion on key global economic priorities. During our discussions, there was a strong convergence of views around the importance of lifting potential growth...
Chapter News, News, Uncategorized

European Commission | Commission Designates ChatGPT, Reddit, Roblox Under Digital Services Act

Today, the Commission has designated ChatGPT as a Very Large Online Search Engine (VLOSE), as well as Reddit and Roblox as Very Large Online Platforms (VLOPs), under the Digital Services Act (DSA). These services declared that they reach at least 45 million average monthly users in the EU and thus meet the threshold for designation. Following the notification of the designations, these services have four months, i.e. by January 2027, to comply with the additional DSA obligations for VLOPs and VLOSEs, such...

UPCOMING EACC EVENTS

Transatlantic Energy Strategies at a Turning Point: Markets, Geopolitics, and Infrastructure Investment Needs

Global energy markets are undergoing a period of profound change. Geopolitical tensions, shifting supply chains, and the accelerating demands of the AI and digital‑technology revolution are reshaping how nations think about energy security, affordability, and long‑term resilience. As electricity consumption rises and competition for reliable resources intensifies, both Europe and the North America face pressure to diversify their energy mixes and modernize aging infrastructure.

    PARTNER EVENTS

    WEBINAR | The EU Data Act - One Year On

    Hosted by Wilson Sonsini | On September 12, 2025, the EU Data Act introduced new obligations for companies that manufacture connected products, provide related services, offer cloud or SaaS services in the EU, or participate in EU data-sharing arrangements.

    WEBINAR | Infrastructure Evergreen Fund Structures: Practical Considerations

    Hosted by Arendt | Evergreen fund structures are attracting increasing interest in the context of long-term investments. For infrastructure assets in particular, they offer compelling opportunities and raise important questions around structuring, investor onboarding, liquidity and remuneration.

      MEMBER NEWS

      Member News, News

      Stephenson Harwood | Data and Cyber Update – August 2026

      Welcome to the latest edition of the Stephenson Harwood Data and Cyber Update, covering the key developments in data protection and cyber security law in August 2026. In data regulation news, the ICO has opened a consultation on anonymisation and pseudonymisation for research, Ofcom has published its first major age-assurance report, the ICO has set out its expectations for police use of facial recognition, France's Constitutional Council has struck down the country's proposed under-15 social media ban, and the Austrian...
      Member News, News

      Wilson Sonsini | The Entrepreneurs Report: Private Company Financing Trends, Q2 2026

      Wilson Sonsini is pleased to present the Q2 2026 edition of The Entrepreneurs Report. We’ve compiled a range of data on venture, convertible note, and SAFE financing transactions in which the firm was involved during the second quarter, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Market Perspectives – Mid-Year Check-In: Artificial intelligence (AI) continues to dominate headlines in the first half of 2026, but deal activity is...
      Member News, News, Trade & TTIP Related

      GDLSK | CBP Announces Enhanced Enforcement of IOR Requirements and Voiding of Importer Numbers for Inaccurate Form 5106 Information

      U.S. Customs and Border Protection has issued a General Notice announcing enhanced enforcement procedures to verify the accuracy of information submitted on CBP Form 5106.  Significantly, the initiative applies not only to new importer applications, but also to the Form 5106 information already on file for existing importers.  The notice was published on August 19, 2026, and states that enforcement will begin 30 days after publication (September 18, 2026). Beginning on that date, CBP states that it will immediately void an...
      Member News, News, Trade & TTIP Related

      Ogletree Deakins | Canada Announces $7.5 Billion Support Package for Tariff-Affected Employers

      On August 25, 2026, the Canadian federal government announced a $7.5 billion package of new and enhanced measures to support workers and businesses impacted by the latest round of U.S. tariffs. This builds on nearly $25 billion in supports rolled out over the past eighteen months. For employers with Canadian operations, several of these measures have immediate workforce planning implications. Quick Hits On August 25, 2026, Canada announced new support programs to help employers impacted by the latest round of...
      Member News, News

      Baker Tilly x Anchin | U.S. Expansion Playbook – Building a U.S. Presence: Key Accounting and Compliance Issues for Foreign Entities

      There are several operational issues foreign businesses should be aware of when they are considering expanding into the U.S., including: Assessing whether the business will have a physical presence in the U.S., Day-to-day business management, such as inventory, online sales, and hiring U.S. employees, Determining whether the foreign parent or U.S. subsidiary will handle certain business expenses, and Managing any intercompany payments between the two entities. Another significant aspect to consider is how a foreign business will handle accounting for...
      Member News, News, Trade & TTIP Related

      Jaguar Freight | Routes and Rates

      In this week’s Roar: Record high port congestion, optimism in the Red Sea, rising air rates from Asia to the EU, contrasting East Coast to West Coast rates, and unpredictable lead times for South American importers. In conditions reminiscent of the pandemic, port congestion has hit a record high, with 4.31 million TEU of container capacity stranded around the globe. The situation has worsened due to delays in Asia and Europe and longer routes around Africa, which have also helped...

      Latest & Leading

      New Micropodcast Series: What’s Happening Across the Atlantic

      The EACCNY is happy to announce the launch of its “What’s Happening Across the Atlantic” series, an initiative that aims to offer our members and wider audience hands-on updates on current affairs and policy developments on both sides of the pond. In these 3-5 minute segments, EU and US policy makers and experts along with a select group of EACCNY members will answer a single timely question: What’s Happening Across the Atlantic” focusing on a specific topic that is relevant to our audience.

      Member Spotlight

      Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and recently celebrated its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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