28 Sep
Member News

EIB President Werner Hoyer calls for ambitious climate plans

The European Investment Bank (EIB) President Werner Hoyer and Vice-President Ambroise Fayolle will discuss climate action at a series of events this week during the 76th session of the United Nations General Assembly and New York Climate Week. They will explain how the EIB is raising its climate ambition and will highlight the importance of partnerships to meet global climate goals. They also will outline what it will take to make the COP26 climate conference a success. EIB President Werner Hoyer commented: “Time is running...

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28 Sep
Member News

Vulcan Consulting | Biden non-committal on US-UK trade deal

It became apparent this week, on the sidelines of the United nations General Assembly in New York, that a trade deal with the UK just isn’t a priority for Biden. While negotiations between the two countries formally began in May 2020, and despite there being five rounds of talks while Trump was still in situ, since Biden took the reins talks have essentially stalled.  Johnson held an in-person meeting with Biden on Tuesday in the White House, in the hopes of reigniting the discussions, but...

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27 Sep
Chapter News

An U.S.-EU Agenda for Beating the Global Pandemic: Vaccinating the World, Saving Lives Now, and Building Back Better Health Security

Vaccination is the most effective response to the COVID pandemic. The United States and the EU are technological leaders in advanced vaccine platforms, given decades of investments in research and development. It is vital that we aggressively pursue an agenda to vaccinate the world. Coordinated U.S. and EU leadership will help expand supply, deliver in a more coordinated and efficient manner, and manage constraints to supply chains. This will showcase the force of a Transatlantic partnership in facilitating global vaccination...

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27 Sep
Chapter News

EVPs Vestager, Dombrovskis Visit U.S. for Launch of Trade and Technology Council

From 26 September to 1 October, EU Executive Vice-Presidents Margrethe Vestager and Valdis Dombrovskis will be in the United States, where they will meet senior U.S. officials and participate in the first-ever meeting of the EU-U.S. Trade and Technology Council (TTC). Executive Vice-President Dombrovskis will first travel to Washington, D.C., where he is speaking at an event on transatlantic cooperation organised by the Johns Hopkins University School of Advanced International Studies.(link is external) Executive Vice-President Vestager will first be in Los Angeles on Tuesday for a keynote at...

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27 Sep
Chapter News

ECB Speech | Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

Introductory statement by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament (by videoconference) | Frankfurt am Main, 27 September 2021 | Madam Chair, Honourable members of the Economic and Monetary Affairs Committee, Ladies and gentlemen, It is a pleasure to be with you again today for the third regular hearing of the year. In my confirmatory hearing before this Committee back in September 2019, I set out a goal: to ensure...

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27 Sep
Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | The challenges of the post-Brexit era for cross-border commercial disputes from both an EU and UK perspective

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Dr. Matthias Schlingmann, LL.M., Partner and Rishat Vahidov, Rechtsreferendar, both from CMS LAW (Hamburg, Germany); along with Ian Gatt QC, Partner and Karen Jacobs, Senior Associate, Knowledge Development Lawyer, both from STEWARTS LAW (London, UK). They will address: “The challenges of the post-Brexit era for cross-border commercial disputes...

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27 Sep
Member News

CLA | Real Estate Industry: Recap of Where We Stand Today

Potential tax law changes have been on taxpayers’ minds for some time now. Unfortunately, there has been a lot of talk and not much action. That changed on Saturday, as the House Committee on the Budget voted to pass the $3.5 trillion spending bill out of committee and onto the floor. Almost two weeks ago, thirteen committees approved legislation to be included in a reconciliation package. As a reminder, reconciliation is a congressional tool that makes legislation easier to pass in the...

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24 Sep
Member News

GOP | Mandatory green pass at private sector workplaces – operational tips

As it is known, starting from October 15 until December 31, 2021 (the deadline set for the end of the state of emergency), the obligation to possess – and to show on request – the “green pass” 1 has been extended to all workers, including those of the private sector, in order to allow their access to workplaces. With regard to this matter, Law Decree no. 127/2021 - published in the Official Gazzette - states that this obligation indistinctly applies...

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24 Sep
Chapter News

ESMA consults on proposals for a review of the MiFID II best execution reporting regime

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today launches a consultation on proposals for improvements to the MiFID II framework on best execution reports. These proposals aim at ensuring effective and consistent regulation and supervision and enhancing investor protection. ESMA’s proposals include technical changes to:  the reporting obligations for execution venues: aimed at simplifying the reporting requirements by reducing the granularity and volume of data to be reported; and moving to a set of seven indicators aimed...

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24 Sep
Chapter News

Energy Transition: EU Commission announces three Energy Compacts at UN High-Level Dialogue in New York

At the UN High-Level Dialogue on Energy this week in New York, Executive Vice-President for the European Green Deal, Frans Timmermans and Commissioner for Energy, Kadri Simson presented three Energy Compacts, in partnership with the International Energy Agency and the International Renewable Energy Agency. In their roles as Energy Access Champion and Just Transition Champion in this UN process respectively, the Executive Vice-President and the Commissioner highlighted the EU's willingness to lead the global efforts to reach universal energy access by 2030 and...

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