EACC New York Member "The German Center for Research and Innovation (GCRI)" is proud to announce the launch of its new web page, Entrepreneurship Funding & Resources, on https://www.germaninnovation.org/resources/entrepreneurship-funding. The GCRI’s web presence is an information platform for individuals who are interested in the German science and innovation landscape and wish to conduct research or business in Germany. The “Funding & Research” section of the website provides information about the wide variety of funding opportunities for entrepreneurs at both the...

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The Irish Funds Industry Association (the “IFIA”) will be hosting a series of North American Fund Industry Seminars in Chicago, Boston and New York in March. EACC New York Member Mason Hayes & Curran also a member of the IFIA is participating at the program. Head of Investment Funds at Mason Hayes & Curran, Fionán Breathnach, will be a panelist at the Boston Seminar on “The Future of the Fund Industry in Europe” which will discuss...

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The World Economic Forum’s Global Agenda Council on Emerging Technologies has identified the 10 most promising technology trends to help deliver sustainable growth in the decades to come, as global population and material demands on the environment continue to grow rapidly. The Global Agenda Council considers that these technologies – which can be categorized under nano- and bio-technologies, environmental sciences, health and energy – have made significant development breakthroughs and are nearing large-scale deployment. With such promising technologies that could...

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The “Paris: Digital Capital” project announced by the French government in October 2012 is now entering a new phase. The goal set by the Minister Delegate with responsibility for SMEs, Innovation and the Digital Economy, Ms. Fleur Pellerin, who is responsible for this initiative is to bring together all stakeholders in the sector to boost the international profile of France’s dynamic digital economy, which harbors world-class talent. The Minister has launched a consultation involving these stakeholders, who can complete an online...

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The Italian Supreme Court, the highest court in Italy, and analogous to the United States Supreme Court, has historically found that punitive damage awards in civil matters are contrary to the Italian system of civil liability which seeks compensation rather than punishment. In the recent decision Soc Ruffinatti v. Oyola-Rosado, the “Corte Suprema di Cassazione” sentence n. 1781/2012 of February, 8, 2012, the Italian Supreme Court further underscored this position by finding that foreign judgments which award punitive damages are...

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As the financial services industry continues to strive for efficiency, financial institutions, both deposit and non-deposit taking, are increasingly relying on third parties to perform banking or product functions that are either new to the industry or had traditionally been performed by the institutions themselves. This increased reliance on vendors is driven in many cases by legitimate business reasons, most notably cost considerations as vendors are able to provide economies of scale, expertise or additional products that the institutions often...

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