Member News, News

Irish Regulator Issues AIF Handbook for AIFMD Compliance

The Central Bank of Ireland (the Central Bank), the Irish regulatory authority for the fund sector, has just published a new alternative investment fund (AIF) handbook (the AIF Handbook). This contains complete details regarding the manner in which the Alternative Investment Fund Managers Directive (AIFMD) will be applied to AIFs in Ireland. The Central Bank is the first European regulator to issue this level of detailed guidance. The AIF Handbook revises and streamlines the existing non-UCITS regime in Ireland and...

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EU Lays Out Cybersecurity Strategy

The European Commission today set out its first comprehensive strategy to prevent and respond to cyber disruptions and attacks. The new cybersecurity strategy along with a proposal on Network and Information Security aims to prevent and fight cybercrime, strengthen the security and resilience of networks and information security systems, and helps establish a more coherent European cybersecurity policy.   The international dimension also features prominently with the objective of establishing a coherent international cyberspace policy. At bilateral level, the document underscores...

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EU NEWSBRIEF: EU Leaders Strike Budget Deal

European leaders today reached an important agreement on a balanced and growth-oriented common budget for the European Union. Noting that this compromise shows a sense of collective responsibility from Europe's leaders, European Council President Herman Van Rompuy highlighted that the 2014-2020 budget is future-oriented, realistic, and driven by pressing concerns. "I'm satisfied that all along this negotiation we kept the bigger picture in mind. Even in such difficult economic conditions, we have managed to keep essential factors of continuity and of growth." European Commission President...

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European Policy Scorecard Finds EU Remains America’s Most Dependable Partner

The latest edition of the European Policy Scorecard 2013 published by the European Council on Foreign Relations (ECFR) finds that the transatlantic relationship remains resilient and vital to both partners. Europe is singled out as the only dependable partner the U.S. has. The study highlights how the EU has been able to advance its foreign policy objectives. In particular, the European External Action Service, under the leadership of High Representative Catherine Ashton, has "continued to develop and consolidate its role."...

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Pepper Hamilton News: Louis Freeh Named Chair of Pepper Hamilton

New York (February 5, 2013) – Pepper Hamilton LLP has named Louis J. Freeh as its next Chair. Outgoing Chair Nina M. Gussack made the announcement today. The transition will take place later this month. “Judge Freeh is the right person to assume the Chair position at Pepper Hamilton,” said Gussack. “I look forward to supporting him as his vision and leadership continue to move us forward as a law firm always at the forefront of innovation.” Freeh succeeds Gussack, who...

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Member News, News

Don’t Look Back in Anger: Aging and Regret

Since opportunities to reverse the consequences of regrettable behavior decline with age, responsiveness to missed chances becomes a critical life-satisfaction factor in older adults. Recent life-span psychology findings show that emotional disengagement from regret is associated with increased well-being in older age. A Cognitive and Emotional Aging research group project investigated whether neurobiological mechanisms underlie such successful adaption to age-specific challenges. The study combined brain imaging with a risk-taking task that induces the feeling of regret in young as well...

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Celebration of the 50th Anniversary of The Elysee Treaty

France and Germany are each other’s closest and most important political, economical and cultural partners. The Elysée Treaty, signed on January 22, 1963 by the French President, General de Gaulle, and the German Chancellor, Konrad Adenauer, remains the cornerstone of French-German cooperation, which is the main engine of the European Union (the two countries represent 33% of the EU population, 36 % of the European Budget, 37 % of the EU GDP, 31 % of the voting rights…). The...

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EU Irish Presidency – Priorities and Cultural Events

On January 1, 2013, Ireland assumed the rotating six-month presidency of the EU. What this means is that for the first half of 2013, Ireland occupies a leadership position that brings with it the opportunity to promote an EU policy agenda and help make it happen. The Presidency chairs meetingsat every level of the Council of the EU (one of the Union's principal legislators), proposes guidelines, and formulates compromises necessary for the Council to reach decisions. The one exception to...

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European Data Protection Day 2013: Full speed ahead towards reliable and modern EU data protection laws

One year ago, ahead of the European Data Protection Day 2012, the European Commission proposed a root and branch reform of the EU’s data protection rules to make them fit for the 21st century (IP/12/46). One year later, considerable headway has been made and negotiations on the new rules are progressing at full speed. The reasons are clear: To flourish, the digital economy needs trust. Many people are not confident about giving out their personal data online. This means they...

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Graphene and Human Brain Project win largest research excellence award in history, as battle for sustained science funding continues

The European Commission today announced the winners of a multi-billion euro competition of Future and Emerging Technologies (FET). The winning Graphene and Human Brain initiatives are set to receive one billion euros each, to deliver 10 years of world-beating science at the crossroads of science and technology. Each initiative involves researchers from at least 15 EU Member States and nearly 200 research institutes. "Graphene" will investigate and exploit the unique properties of a revolutionary carbon-based material. Graphene is an extraordinary...

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