Chapter News

Press statement by President von der Leyen on a new package of restrictive measures against Russia

We wanted to present together the eighth package of sanctions. Last week, Russia has escalated the invasion of Ukraine to a new level. The sham referenda organised in the territories that Russia occupied are an illegal attempt to grab land and to change international borders by force. The mobilisation and Putin's threat to use nuclear weapons are further steps on the escalation path. We do not accept the sham referenda nor any kind of annexation in Ukraine. And we are...

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Chapter News

Minimum income: more effective support needed to fight poverty and promote employment

Today, the Commission calls on Member States to modernise their minimum income schemes as part of the ongoing pledge to reduce poverty and social exclusion in Europe. The proposed Council Recommendation on adequate minimum income ensuring active inclusion sets out how Member States can modernise their minimum income schemes to make them more effective, lifting people out of poverty, while promoting the labour market integration of those who can work. Minimum income is cash payments that help households who need...

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Member News

Mason Haynes & Curran | Protected Disclosures in Ireland – Is Your Organisation Ready?

The Protected Disclosures (Amendment) Act 2022 (the Act) transforms the legal landscape of protected disclosures, often referred to as ‘whistleblowing’. The Act significantly expands the scope of the protections for those who make protected disclosures and places new and enhanced obligations on organisations with more than 50 employees to have processes in place to facilitate workers in making protected disclosures. We outline some of the main aspects of the Act which differ from and supplement those of its predecessor, the...

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Member News

City of Miami Partners With Simplicity App

Over 500,000 Miami residents will be able to subscribe and receive crucial updates, city news, information about municipal services, emergency alerts, and more – straight to their smartphones via a single app. Miami, FL – 9/16/2022 – The City of Miami has added Simplicity to its list of social networks to enhance the way it communicates with residents. With the Simplicity app, Miami residents can access a range of important city information in English or Spanish in a single app. "Simplicity...

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Member News

Troutman Pepper | EO Provides CFIUS Guidance on Conducting National Security Reviews

On September 15, President Biden issued Executive Order 14083 (EO) — “Ensuring Robust Consideration of Evolving National Security Risks by the Committee on Foreign Investment in the United States” — providing formal guidance to the Committee on Foreign Investment in the United States (CFIUS) on factors CFIUS must consider when conducting national security reviews. CFIUS is authorized to review covered investments and real estate transactions in the U.S. to determine whether they have an effect on national security. Notably,...

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Chapter News

ECB | How do markets respond to war and geopolitics?

Russia’s unprovoked invasion of Ukraine marks the return of geopolitical risk to Europe. Here the ECB blog looks at how global stock markets reacted to this risk and what role time and distance have played Though much ink has been spilled trying to understand stock markets, there is limited evidence on how geopolitics shape their performance. Establishing links between stock market performance and geopolitical concerns is challenging, as geopolitical effects are difficult to identify. We look at the market reaction...

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Chapter News

Scaling up sustainable finance in low and middle-income countries: High-Level Expert Group kick-starts work

The High-Level Expert Group (HLEG) on scaling up sustainable finance in low and middle-income countries meets in Brussels today for the first time kick-starting their reflection on the challenges and opportunities of sustainable finance in partner countries with a view to providing recommendations to the Commission on how to scale up funding from the private sector. At a time when the multiple global crises are taking a heavy toll on the global economy, overturning years of progress towards the...

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Member News

Exeo Attorneys | Immigration U.S. & Canada – Special Bulletin, September 2022

Ottawa to drop health measures for incoming travellers As of September 30, mandatory vaccinations for travellers entering Canada, random airport testing and mandatory use of the ArriveCAN application will be dropped. The government announcement will be made on Monday. The issue of wearing masks on aircrafts or trains is also under review and more information will likely be announced by the Prime Minister on Monday. New regulations are set to come into force on September 26, 2022, enhancing the employer compliance regime...

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Chapter News

Speech by Executive Vice-President Timmermans at the Green Deal Summit in Prague

"Check against delivery" Good morning everyone, It is a real pleasure to be here, to be back in the city I have been very often, going back to the 1980s – that will tell you how old I am. I have seen it go through so many transformations, and one of the biggest experiences in my life is to see these transformations and to have met the incredible people who had the foresight to look for freedom and fight for freedom when...

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Chapter News

EU Council adopts additional €5 billion assistance to Ukraine

The EU Council today formally adopted the decision to provide € 5 billion of additional macro-financial assistance (MFA) to Ukraine, as a matter of urgency. On 9 September, EU ministers for finance had agreed a statement in support of these additional €5 billion assistance for Ukraine at the informal Ecofin Council meeting in Prague. Today, this additional assistance was formally adopted, after the necessary formal steps were completed within just 11 days. This financial assistance complements other EU support to Ukraine...

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