11 Nov
Member News

Vulcan Insight | Brussels keeps its eyes on the US midterm elections

EU capitals all let out a sigh of relief this week as the results of the US midterm elections began to roll in. Many were quick to celebrate the fact that the US Democrats seemed to have managed to prevent the “red wave” US polls had predicted would sweep across the country. Although the results are still rolling in, and it seems the Democrats will not have a majority in either house, President Biden’s party did much better than...

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10 Nov
Chapter News

Military Mobility: EU proposes actions to allow armed forces to move faster and better across borders

Today, the EU Commission and the High Representative put forward an Action Plan on Military Mobility 2.0 and a Joint Communication on an EU cyber defence policy to address the deteriorating security environment following Russia's aggression against Ukraine and to boost the EU's capacity to protect its citizens and infrastructure. In particular, the Action Plan on Military Mobility will help European armed forces to respond better, more rapidly and at sufficient scale to crises erupting at the EU's external borders...

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10 Nov
Chapter News

EU Commission proposes new Euro 7 standards to reduce pollutant emissions from vehicles and improve air quality

Today, the Commission presented a proposal to reduce air pollution from new motor vehicles sold in the EU to meet the European Green Deal's zero-pollution ambition, while keeping vehicles affordable for consumers and promoting Europe's competitiveness.   Road transport is the largest source of air pollution in cities. The new Euro 7 standards will ensure cleaner vehicles on our roads and improved air quality, protecting the health of our citizens and the environment. Euro 7 standards and CO2 emission standards...

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10 Nov
Member News

CLA | Miniseries – Best Practices for the Month-end Close – Financial Reporting & Analysis

Waiting on financial reports is frustrating. It’s even more frustrating when reports are issued late AND they are hard to read. To make informed financial decisions and react quickly to changing economic and other conditions, it is critical for nonprofits to master closing the books on a timely basis while also providing understandable and accurate reporting of financial information. At CLA, we prepare monthly financial reporting packages for hundreds of clients each month and are familiar with the challenges...

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10 Nov
Member News

ACG Resources | Tips to Become a Better Leader

Leadership, despite what everyone thinks, is situational. Often people assume that only certain people have the necessary skills to be leaders, but that is a myth. A leader is someone who has a vision of the opportunity or challenge and the courage to take action based on that. Someone who is a leader in one situation may be a follower in another because the most important tip to become a better leader is to recognize your own skills and...

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09 Nov
Member News

Greenberg Traurig | U.S. Department of Education No Longer Recognizes ACICS as an Accrediting Agency

USCIS posted a notice that as of Aug. 19, 2022, the U.S. Department of Education no longer recognizes the Accrediting Council for Independent Colleges and Schools (ACICS) as an accrediting agency. This change affects two immigration-related student programs and other immigration benefits. Click here to see a list of ACICS schools. English language study programs by ACICS-accredited schools will no longer be recognized and international students who seek to join such program with a pending I-539 filed on or after...

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09 Nov
Member News

Mason Hayes & Curran | Tips on Mandatory Reporting Obligation under Children First Act 2015

In a recent case, the Applicant argued that section 14(1)(a) of the Children First Act (2015 Act) does not require that mandatory reporting to the Child and Family Agency, Tusla, is necessary where information is received from an adult regarding an incident which allegedly took place when they were a child. It was argued that the obligation to report retrospective abuse should be confined to situations where there is clear information about the person(s) who is subject of the...

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09 Nov
Chapter News

ECB | Turning down the heat: how the green transition supports price stability

We need to intensify the greening of our economies despite the energy crisis. Hastening the process will reduce the costs of transition and help to ensure price stability in the long run. This is the third post in a series of climate-related entries on the occasion of COP27. The current energy crisis has sent gas and electricity prices skyrocketing and brought the potential challenges and opportunities of the green transition into sharper relief. Does that mean that the green transition...

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09 Nov
Chapter News

IMF/IEA | A Call to Clean Energy

The global energy crisis highlights the need for a massive surge in clean energy investment The global energy crisis is fueling fierce debate around the world over which new energy projects should or shouldn’t go ahead. Conversations about energy and investment often fail to take into account the considerable lag between investment decisions and when projects actually go live. At the International Energy Agency (IEA), we warned years ago that global investment in clean energy and energy efficiency was not sufficient...

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08 Nov
Member News

Global Taxes LLC | Court deems a foundation a foreign trust, greenlighting tax penalties

The levying of tax penalties stood in a recent federal appeals court decision on whether a private foundation was a foreign trust subject to such penalties. In the Rost v. U.S., the U.S. Court of Appeals for the Fifth Circuit upheld tax penalties against U.S. citizen John Rebold, who failed to report his personal-use Liechtenstein “Stiftung” (a non-charitable private foundation) as a foreign trust. The decedent Rebold formed the Enelre Foundation in 2005 for the general support and education of him...

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