Member News

MJV | 4 RPA Cases To Get You Inspired

A special post with some successful RPA Cases so you can better understand how to improve processes with this solution. One thing leads to another. The need for Digital Transformation leads us to automation, which, in turn, leads us to RPA (Robotic Process Automation). For this reason, we from MJV think it is a good idea to introduce you to 4 RPA cases to get you inspired for the transformation of your area. We’re no strangers to robotic process automation, so today, we...

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Member News

Vulcan Insight | European Commission sets out its 2022 legislative agenda

This week, the European Commission presented its legislative agenda for the coming year, setting out 42 new initiatives and 26 existing ones for substantial revisions. The European Commission’s annual Work Programme provides a rough overview of the Commission’s political and legislative agenda and objectives for the year to come. Unsurprisingly, the largest package of actions comes under the Commission’s Green Deal objectives, counting 12 new legislative initiatives across five distinct packages. Under a new “Climate Measures Package,” the Commission’s Green Deal Commissioner...

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Member News

HSBC appoints James Gallagher as US Head of International Subsidiary Banking

James Gallagher is also on the Board of Directors for the EACCNY. NEW YORK – HSBC Bank USA today announced that James Gallagher has been appointed US Head of International Subsidiary Banking (ISB). In this role, he will focus on helping subsidiaries of international businesses expand in the US market. “We are thrilled that Jim will lead our ISB team in the US,” said Wyatt Crowell, Head of US Commercial Banking at HSBC. “Jim’s passion for people development and client growth...

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Chapter News

IMF | Surging Energy Prices May Not Ease Until Next Year

Soaring natural gas prices are rippling through global energy markets—and other economic sectors from factories to utilities. An unprecedented combination of factors is roiling world energy markets, rekindling the memories of the 1970s energy crisis and complicating an already uncertain outlook for inflation and the global economy. 'Energy futures indicate that prices are likely to moderate in the coming months.' Spot prices for natural gas have more than quadrupled to record levels in Europe and Asia, and the persistence and global dimension...

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Member News

CEA legal | The Growing Importance of Decentralized Finance (De-Fi)

Decentralized finance (DeFi) is a term used to encompass a growing number of financial services provided on blockchain platforms (mainly Ethereum). The DeFi industry has been becoming increasingly attractive thanks to its appealing premise allowing transactions to be carried out between peers without financial intermediaries, such as banks. Instead, the transacting parties “trust” smart contracts, which are self-executing software codes performed on a public blockchain, and as such fully visible by anyone and transparent. The revolutionary potentialities are limitless...

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Member News

CLA | Proposed Bill Would Terminate Employee Retention Credit for Q4 2021

New legislation proposes to terminate the $7,000 credit per employee for the fourth quarter of 2021 for qualifying organizations. Key insights The Employee Retention Credit may terminate after September 30, 2021. Recovery startup businesses would still qualify to claim the credit for the fourth quarter of 2021. A second bill dealing with “human” infrastructure may reinstate the credit for the remainder of the year, but there is no guarantee. Update: This article was originally published on August 2, 2021. It was...

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Chapter News

ECB Speech | “Hic sunt leones” – open research questions on the international dimension of central bank digital currencies

Speech by Fabio Panetta, Member of the Executive Board of the ECB, at the ECB-CEBRA conference on international aspects of digital currencies and fintech | Frankfurt am Main, 19 October 2021 | It is a pleasure to welcome you on behalf of the European Central Bank (ECB) to the fifth annual meeting of the International Finance and Macroeconomics Program of the Central Bank Research Association (CEBRA). This year’s meeting is taking place virtually. And it brings together participants from nearly...

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Chapter News

EU Commission relaunches the review of EU economic governance

The European Commission has today adopted a Communication that takes stock of the changed circumstances for economic governance in the aftermath of the COVID-19 crisis and relaunches the public debate on the review of the EU's economic governance framework. The Communication follows President von der Leyen's commitment in the State of the Union address to build a consensus on the future of the EU's economic governance framework. The Commission had previously suspended this public debate, which was first launched in February 2020,...

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Chapter News

FTC Data Spotlight on scammers impersonating Amazon: How businesses can reduce injury to consumers

The FTC has been warning consumers for years about impersonation scams – calls that falsely claim to come from the IRS, the Social Security Administration, or other offices or businesses. The messages try to coerce people into making immediate payments or turning over sensitive personal information. The FTC’s latest Data Spotlight focuses on the rampant rise of Amazon impersonation scams that have already bilked consumers out of millions of dollars. From July 2020 through June 2021, about one in three people who reported a...

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Member News

Cozen O’Connor | Update: Travel Bans to be Rescinded; Proof of Vaccination will be Required

The Biden administration will be easing travel restrictions on all fully vaccinated international travelers for air travel and land border crossings effective November 8, 2021. As previously confirmed with the Centers for Disease Control and Prevention (CDC), only the vaccines that are approved or authorized by the Food and Drug Administration or listed for emergency use by the World Health Organization will be accepted for air travel. Reports indicate that the administration anticipates the same will be true at...

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