04 Apr
Member News

Fortune Names BNY Mellon One of America’s Most Innovative Companies

BNY Mellon today was named to Fortune’s inaugural “America’s Most Innovative Companies” list. The firm ranks in the top half of 300 honorees that were selected out of 15,000 eligible companies, based on criteria including innovation in products, processes and culture. "I’m proud to see America’s oldest bank named one of America’s Most Innovative Companies by Fortune," said CEO Robin Vince. "We have a long history as a financial industry pioneer. In the past decade alone, we were the first...

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04 Apr
Member News

AlixPartners | Five questions to profitably know, find, and retain customers versus just chasing transactions

Whether you are an online-only retailer or have many stores, your digital presence is likely your single largest entry point to your brand. In-person human interactions remain important, but our constant connection to our devices has forever changed how we discover, research, buy, and use products and services. However, this constant chase for new customers and individual transactions can be draining on profits as customer acquisition costs are at all-time highs. At the same time, policies and customer expectations continue...

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04 Apr
Chapter News

EACC-Carolinas | Letter from their Chairman, Howard Daniel on Welcoming their New Executive Director

A message from Howard Daniel, Chairman of EACC-Carolinas | 3 April, 2023 | It is with mixed emotions that we announce Mariana Simoes Marques's departure from her position as Executive Director of EACC-Carolinas. Mariana and her family will be relocating soon to Charlotte and as a result, she will be stepping back from her role. Mariana achieved much during her time with EACC-C. Her drive, efficiency, and ebullient personality will be missed. Mariana’s departing achievement was recruiting her successor. We...

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03 Apr
Chapter News

ECB Interview | Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned

Interview with Fabio Panetta, Member of the Executive Board of the ECB, published as an article by Eshe Nelson entitled “Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned.” in The New York Times, 31 March 2023 | After months of fretting about whether workers’ rising pay would keep inflation uncomfortably high, central bankers in Europe have another concern: large company profits. Companies that push up their prices above and beyond what is necessary to absorb higher costs could be fueling...

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03 Apr
Member News

Loyens & Loeff | Pay Transparency Directive adopted by the European Parliament

Today, 30 March 2023, the European Parliament adopted the legislative proposal of the European Commission to strengthen the application of the principle of equal pay for equal work or work of equal value between men and women through pay transparency and enforcement mechanisms (the Pay Transparency Directive). The Pay Transparency Directive has some important consequences for employers as well as employees, which we have described in more detail below. Background The right to equal pay between women and men for equal...

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03 Apr
Member News

CLA | Getting out of Excel Spreadsheets

Like many accountants, I love Excel. However, there are times when Excel is not always the best tool to get the job done. Here are some indications that it may be time to get out of Excel: The Excel workbooks have become complex & unwieldly to maintain, creating risk of errors in formulas and data. Excel is being used as a collaborative tool, such as in the budget process or consolidated reporting. Excel is doing the job one of...

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31 Mar
Chapter News

EU Council and Parliament reach provisional deal on renewable energy directive

The Council and the Parliament negotiators today reached a provisional political agreement to raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up that would allow to reach 45%. Each member state will contribute to this common target. This provisional political agreement will now need to be endorsed by both institutions. The Council and Parliament negotiators provisionally agreed on more ambitious sector-specific targets in transport, industry, buildings and...

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31 Mar
Member News

Vulcan Insight | Agreement reached on expanding EU-wide EV charging infrastructure

As part of the European Commission’s ‘Fit for 55’ package, a proposal to revise the 2014 directive on alternative fuels infrastructure and turn it into a regulation was subject to interinstitutional negotiations since November 2022. On 28 March, the Council and the European Parliament have found a provisional political agreement to deploy more recharging and refuelling stations for alternative fuels in the EU. The Commission issued its proposal in July 2021. Overall, the proposal’s goal is to tackle interoperability and...

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30 Mar
Member News

ACG Resources | How to Onboard Effectively

Hiring a new employee can be exciting and stressful for both the employer and the employee. This initial period it is important to onboard which means make sure that the new employee transitions easily into the company and the employer can assess if this is going to be a good match. One of the best ideas when it comes to onboarding effectively is to have someone else who recently onboarded to assist the new hire. This will help eliminate a...

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30 Mar
Member News

Cozen O’Connor | USCIS Ends COVID-Related Flexibilities

U.S. Citizenship and Immigration Services (USCIS) announced that certain flexibilities it first announced in March 2020 to address the COVID-19 pandemic will end on March 23, 2023. Applicants must respond to any notices or requests from USCIS dated after March 23, 2023 by the deadlines listed in the notice or request. This includes: Requests for Evidence (RFEs); Continuations to Request Evidence (N-14); Notices of Intent to Deny; Notices of Intent to Revoke; Notices of Intent to Rescind; Notices of Intent...

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