EACCNY | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources

06 Nov

IMF | How Green Innovation Can Stimulate Economies and Curb Emissions

Posted by EACCNY
November 6, 2023

Blog post by Zeina Hasna, Florence Jaumotte, Jaden Kim, Samuel Pienknagura and Gregor Schwerhoff | Making low-carbon technologies cheaper and more widely available is crucial to reducing harmful emissions. We have seen decades of progress in green innovation for mitigation and adaptation: from electric cars and clean hydrogen to renewable energy and battery storage. More recently though, momentum in green innovation has slowed. And promising technologies aren’t spreading fast enough to lower-income countries, where they can be especially helpful to...

06 Nov

Member News

Houthoff | EIOPA’s Opinion on the Supervision of Captives of Insurers and Reinsurers and some Noteworthy Draft Changes in the Financial Supervision Laws

Posted by EACCNY
November 6, 2023

In this News Update we discuss some noteworthy proposals in the Financial Markets Amendment Act 2024, and EIOPA's Opinion on the supervision of captives of insurers and reinsurers. We further highlight some other financial regulatory publications issued since our last News Update. FINANCIAL MARKETS AMENDMENT ACT 2024 In early September 2023 the Minister of Finance filed the draft bill to amend various financial markets acts (the Bill) (Wijzigingswet financiële markten 2024) (in Dutch only). Although the majority of the proposed amendments are of a technical...

06 Nov

Member News, Uncategorized

Cozen O’Connor | Immigration Catch Up: October 2023

Posted by EACCNY
November 6, 2023

October 2023 not only provided amazing Halloween costumes but big updates to the United States and global immigration. The Cozen O’Connor catch-up this month highlights these changes and provides the details you need to determine how or if these changes impact you and your business. In the United States, the Department of State (DOS) has a proposal to enable H-1B visa holders to renew their visas in the United States (this program had been discontinued in 2004). The U.S. Citizenship...

02 Nov

Chapter News

European Commission | Joint Statement Following the Latest Meeting of the EU-US Task Force on Energy Security

Posted by EACCNY
November 2, 2023

The EU-US Task Force on Energy Security met for the 11th time on October 31, 2023, convened by co-chairs Amos Hochstein, Special Presidential Coordinator for Global Infrastructure and Energy Security, and Björn Seibert, Head of Cabinet of European Commission President Ursula von der Leyen, with the participation of Sarah Ladislaw, Special Assistant to the President and Senior Director for Climate and Energy at the US National Security Council, and Ditte Juul Jørgensen, European Commission Director-General for Energy. The discussion focused...

02 Nov

Member News

HSBC | Legislating to Unlock Digital Trade Opportunities

Posted by EACCNY
November 2, 2023

Trade is still incredibly reliant on paper and that has remained unchanged for centuries. It’s estimated that there are an average of 28.5 billion trade documents1 printed and flown around the world every day. That’s a staggering number. As those involved in trade may have experienced, in many cases goods arrive at their destination before the documentation has. For example, while transit periods between Singapore and Bangladesh might take 5 days, the legal documentation that acts as proof of ownership of...

02 Nov

Member News

Institute of International Education (IIE) | Emergency Student Fund Launched for Students from Israel, Gaza, and the West Bank

Posted by EACCNY
November 2, 2023

Nomination Deadline: November 16, 2023IIE's Emergency Student Fund provides grants to international undergraduate and graduate students in the U.S. when natural disasters, war, or other crises threaten their education. We are issuing a call for IIENetwork member institutions (including institutions that join IIENetwork by the ESF deadline) to nominate up to five international students from Israel, Gaza, and the West Bank financially impacted by the ongoing conflict.This effort will provide one-time grants of between $2,000 and $3,000 to selected students...

02 Nov

Member News

Wilson Sonsini | AI in the Biden Administration’s Crosshairs—Summarizing the Sweeping New Executive Order and Ten Top Takeaways

Posted by EACCNY
November 2, 2023

On October 30, 2023, President Biden announced a sweeping new Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (EO). The EO signals an “all-hands-on-deck” approach, with roles for agencies across the federal government, proposed requirements and/or guidance that will apply both to companies that offer artificial intelligence (AI)-related services and those that consume such services, and still-unfolding implications for the legal operation of such businesses. Highlights of the EO for providers and consumers of AI products and services...

02 Nov

Member News

Arendt | Cross-border Business Tax: October News

Posted by EACCNY
November 2, 2023

This newsflash summarises three of the most important OECD and EU tax developments released in October 2023. 1. OECD multilateral convention implementing Pillar 2 subject to tax rule open for signature On 3 October 2023, the OECD/G20 Inclusive Framework on BEPS announced it had concluded negotiations on a multilateral convention (“MLC”) implementing the Pillar 2 subject to tax rule (“STTR”). The STTR is part of the 2-Pillar solution to address tax challenges from the digitalisation of the economy and complements the...

31 Oct

Member News

Wilson Sonsini | New Proposed Rules Published for Cyber Incident Reporting and Cybersecurity Requirements Will Have Major Impacts on Federal Contractors

Posted by EACCNY
October 31, 2023

Reflective of the Government’s increasing focus on cybersecurity, on October 3, 2023, the Federal Acquisition Regulation Council (FAR Council) released two new proposed rules that will have major impacts on federal contractors. These rules implement the May 2021 Executive Order on Improving the Nation’s Cybersecurity.1 One rule applies to any federal contractor that uses information and communications technology (ICT) systems in the performance of a federal contract, sets forth cybersecurity incident reporting requirements, and imposes a software bill of...

30 Oct

Member News

Jaguar Freight | Weekly Roar: Net Zero Emissions by 2050, the Container Market, West Coast Ports Doing Better, and a Supply Chain Warning System

Posted by EACCNY
October 30, 2023

In this week’s Roar: net zero emissions by 2050, the container market, diesel prices trending up, West Coast ports doing better, and a supply chain warning system. The shipping industry has a goal to reach net zero emissions by 2050, but there are questions as to whether this is achievable. A lot of things need to change or be improved, including new technologies in ship design, like smaller engines and improved hull shape — or perhaps lower-cost solutions like wind power, waste heat...

Shopping cart