21 Apr
Member News

Vulcan Insight | Provisional Political Agreement reached on EU Chips Act

Two months ahead of schedule, EU lawmakers have come to an agreement on the EU Chips Act, a deal expected to double the EU’s global market share in semiconductors from 10% to at least 20% by 2030. Negotiators from the European Parliament, Council of the EU and Commission announced this week, on Tuesday, 18 April, that they had reached a provisional political agreement on the EU’s proposed regulation to strengthen Europe’s semiconductor industry. Commissioner Thierry Breton, the European Commission’s front...

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21 Apr
Member News

Littler | Update on California’s Efforts to Regulate the Use of AI in Employment Decision-Making

California’s Civil Rights Council has revised proposed regulations governing the use of automated-decision systems. A proposed bill, AB 331, would impose obligations on employers to evaluate the impact of an automated decision tool (ADT), prohibit use of an ADT that would contribute to algorithmic discrimination, add a new notice requirement, and create a governance program. A separate bill, SB 721, would create a temporary Working Group to deliver a report to the legislature regarding artificial intelligence. California continues to...

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20 Apr
Member News

Jaguar Freight | Weekly Roar: When the Numbers Look Good

In this week’s Roar: a closer look at import data, simmering labor trouble at U.S. ports, AI in the supply chain, a new trade partnership in the UK, and ocean carriers taking to the air. The story data tells will often change based on perspective. That’s what’s happening with the data on U.S. imports. The numbers from March show an import rebound—up 6.9% from February and 4.2% from March 2019, before the impact of COVID. And that’s a positive sign,...

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20 Apr
Chapter News

Cyber: towards stronger EU capabilities for effective operational cooperation, solidarity and resilience

The Commission propose regulation to tackle cyber threats and incidents. On the 18 April 2023, the Commission has adopted a proposal for the EU Cyber Solidarity Act to strengthen cybersecurity capacities in the EU. It will support detection and awareness of cybersecurity threats and incidents, bolster preparedness of critical entities, as well as reinforce solidarity, concerted crisis management and response capabilities across Member States. The Cyber Solidarity Act establishes EU capabilities to make Europe more resilient and reactive in front of...

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19 Apr
Chapter News

EU Commission calls for massive boost in enabling digital education and providing digital skills

Today, the Commission adopted two proposals for a Council Recommendation in the context of the European Year of Skills, with the aim to support Member States and the education and training sector in providing high-quality, inclusive and accessible digital education and training to develop the digital skills of European citizens. The proposals address the two main common challenges jointly identified by the Commission and EU Member States: 1) the lack of a whole-of-government approach to digital education and training, and...

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19 Apr
Chapter News

Banking Union: Commission proposes reform of bank crisis management and deposit insurance framework

The European Commission has today adopted a proposal to adjust and further strengthen the EU's existing bank crisis management and deposit insurance (CMDI) framework, with a focus on medium-sized and smaller banks. The EU's banking sector, which includes a strong crisis management framework, has become much more resilient in recent years. Financial institutions in the EU are well capitalised, highly liquid and closely supervised. However, experience has shown that many failing medium-sized and smaller banks have been managed with solutions outside...

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19 Apr
Member News

EXEO Attorneys | Canada & U.S. Immigration April 2023

The monthly newsletter gives you an overview of recent notable changes in Canadian and American immigration. Here is an overview of the most recent news as of April 18, 2023. CANADA Extensions to submit work permit applications from within Canada All foreigners who are in Canada as visitors will be able to apply for and receive a work permit without having to leave the country. This temporary public policy has been extended for 2 years, until February 2025, allowing visitors' visa holders...

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18 Apr
Member News

Cushman & Wakefield | ​​Which Amenities Are Driving Leasing Activity?​

Occupiers were already seeking out differentiated office space prior to the pandemic. In fact, 90% of office absorption in 2018 and 2019 was in Class A quality buildings, which only account for approximately half of total inventory. Executive Summary Occupiers were already seeking out differentiated office space prior to the pandemic. This flight-to-quality trend, however, has accelerated since 2020. Occupiers want to create engaging, experiential office environments where employees will happily choose to attend the office several times a week. ...

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18 Apr
Member News

Troutman Pepper Guide to International Arbitration

Troutman Pepper's Guide to International Arbitration provides an overview of international arbitration: how it works; when you should select it as the dispute resolution procedure; and key considerations when drafting an international arbitration agreement. This guide also briefly introduces a species of international arbitration known as investment arbitration or investor-state arbitration. We hope you find the Guide to be informative and helpful when answering basic questions about the arbitration process and procedures Topics covered in this handbook include: What is...

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18 Apr
Chapter News

FSB | Recommendations to Achieve Greater Convergence in Cyber Incident Reporting: Final Report

The interconnectedness of the global financial system makes it possible that a cyber incident at one financial institution (or an incident at one of its third-party service providers) could have spill-over effects across borders and sectors. Cyber incidents are rapidly growing in frequency and sophistication. At the same time, the cyber threat landscape is expanding amid digital transformation, increased dependencies on third-party service providers and geopolitical tensions. Recognising that timely and accurate information on cyber incidents is crucial for effective incident...

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