Chapter News

ECB Speech | All the way to zero: guiding banks towards a carbon-neutral Europe

Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka | It is a great honour for me to be with you today to discuss the role of banks in greening the economy. And I am very happy to delve into the topic of climate change...

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Brexit News, Chapter News

EU Parliament formally approves EU-UK trade and cooperation agreement

Political groups strongly welcome the agreement Parliament must have a say in the implementation of the agreement Agreement will enter into force on 1 May after Council conclusion Parliament voted with a large majority in favour of granting its consent to the agreement setting the rules of the future EU-UK relationship. The consent decision was adopted by 660 votes for, five against and 32 abstentions, while the accompanying resolution, setting out Parliament’s evaluation of and expectations from the deal, passed...

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Chapter News

U.S. Federal Reserve issues FOMC statement

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Amid progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement. Inflation has...

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Member News

FTI Consulting | Can Data Privacy Be Used as a Competitive Advantage?

The ambiguity around protecting data and regulatory compliance creates a tension for companies that they must navigate to stay competitive. The way personal data is collected and used by companies today has gone from a novel strategy to a business imperative. A company’s success — or demise — can depend on the kinds of data it maintains and how it utilizes this trove in all aspects of its operations. As data and data privacy evolve into valuable assets for businesses and...

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Member News

Grassi | Introducing our newest NJ team members

Grassi is pleased to announce that Gramkow, Carnevale, Seifert, & Co., LLC has joined the Grassi family. This addition will more than double the number of Grassi partners and professionals serving clients and business partners out of our New Jersey office. Oradell-based Gramkow, Carnevale, Seifert & Co., LLC has a rich 37-year history of offering advisory, tax, audit, accounting and payroll services to family-owned and privately held businesses. Their professionals also meet a wide range of tax, estate planning, concierge...

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Member News

MJV | Edge AI: discover the new limits of Artificial Intelligence

If you follow our blog, you’ve probably heard of the term Edge Computing. Now, let’s present a similar concept, but related to Artificial Intelligence: Edge AI. Ten years ago, we would not imagine that Artificial Intelligence would be at today’s levels. Now, it is part of industries and even devices for customer service. The time has come to take a step forward. The new frontier is Edge AI. In today’s post, you will understand what this concept is and why you...

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Chapter News

Migration management: New EU Strategy on voluntary return and reintegration

Today, the Commission is adopting the first EU Strategy on voluntary return and reintegration. The Strategy promotes voluntary return and reintegration as an integral part of a common EU system for returns, a key objective under the New Pact on Migration and Asylum. It sets out practical measures to strengthen the legal and operational framework for voluntary returns from Europe and from transit countries, improve the quality of return and reintegration programmes, establish better links with development initiatives and strengthen cooperation...

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Chapter News

“If we want to be at peace with nature, we need to chase carbon from our business model,” says President Michel

In his speech at the Leaders' Summit on Climate hosted by US President Joe Biden on 22 April, European Council President Charles Michel highlighted the EU's leadership in fighting climate change and its binding target of 55% emissions reduction by 2030. He also stressed the need for a global approach to carbon pricing and urged all developed countries to scale up their contributions to climate finance. A global approach to carbon pricing is paramount to promoting green investment. If we...

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Member News

Thompson Hine | DOL Issues Much-Anticipated Retirement Plan Cybersecurity Guidance

On April 14, 2021, the Department of Labor (DOL) issued guidance regarding retirement plan cybersecurity in the form of best practices for retirement plan service providers, best practices for the selection of service providers with strong cybersecurity practices, and online security tips for participants. While the DOL stopped short of providing any analysis or discussion of the standards that plan fiduciaries must satisfy and did not provide any safe harbor relief to retirement plans, the guidance is a welcome...

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Chapter News

EACCNY Country Highlight: PORTUGAL

EACC New York is inviting European countries, member states and non-member states, to share some fun facts about their country with the EACC network to showcase their home country’s cultural beauty, economic strengths, and their role in transatlantic trade & investment. In conjunction with Portugal's Presidency of the Council of the European Union, we present a profile of the country of PORTUGAL. A quick fun fact about your country: According to The Global Peace Index, Portugal is the 3rd safest country in...

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