22 Jul
Chapter News

ECB Press Conference | Christine Lagarde, Luis de Guindos: Monetary policy statement

Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB | Frankfurt am Main, 22 July 2021 | Good afternoon, the Vice-President and I welcome you to our press conference. At today’s meeting, the Governing Council focused on two main topics: first, the implications of our strategy review for our forward guidance on the key ECB interest rates; and, second, our assessment of the economy and our pandemic measures. In our recent strategy review, we agreed a symmetric inflation...

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21 Jul
Chapter News

Beating financial crime: EU Commission overhauls anti-money laundering and countering the financing of terrorism rules

The European Commission has today presented an ambitious package of legislative proposals to strengthen the EU's anti-money laundering and countering terrorism financing (AML/CFT) rules. The package also includes the proposal for the creation of a new EU authority to fight money laundering. This package is part of the Commission's commitment to protect EU citizens and the EU's financial system from money laundering and terrorist financing. The aim of this package is to improve the detection of suspicious transactions and...

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21 Jul
Member News

Thompson Hine | Federal Trade Commission Issues Final Rule on “Made in USA” Claims

On July 14, 2021, the Federal Trade Commission (“FTC”) published in the Federal Register (86 Fed. Reg. 37022-35) its final rule for “Made in USA” and other unqualified U.S.-origin claims (“unqualified U.S.-origin claims”) on product labels. The final rule is effective on August 13, 2021. The final rule codifies a longstanding FTC policy and practice that a product or service with an unqualified U.S.-origin claim, whether express or implied, on its label cannot contain more than a de minimis amount of foreign origin. The final rule...

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21 Jul
Member News

CEA Legal | NFTs, Explained

What Is An NFT? How Do NFTs Work? Binance, the largest cryptocurrency exchange in the world, advertised that it would release its own Non-Fungible Token (NFT) market on June 24, following the steps of other major players in the industry, such as Gemini. Like cryptocurrencies, NFTs are digital assets that register an immutable transaction on a blockchain. The majority of NFTs are currently operated on the Ethereum open-source, decentralized platform. However, unlike a cryptocurrency such as Bitcoin, an NFT is unique and...

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21 Jul
Member News

RSM | The future of mobility

In an ever-growing global economy, international mobility of employees had become a routine and everyday occurrence. This has resulted in many challenges around tracking internationally mobile employees, meeting compliance obligations in each country and understanding the impact of international mobility on the business. With the outbreak of the COVID-19 virus and a global pandemic, the business impact entered a whole new dimension. New considerations sprang forth from the emergence of new legislation and regulations which impacted data protection and tax...

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20 Jul
Member News

Vulcan Insight | “Fit for 55” aims to radically transform Europe’s transportation

Earlier this year, the European Union legally committed itself to reducing its carbon emissions by 55%, compared to 1990, by 2030 and become carbon neutral by 2050. The Commission’s new “Fit for 55” package has now proposed far-reaching legislation to radically transform Europe’s transport system.  Among the many initiatives put forward by the European Commission, its proposed phasing out of the internal combustion engine by 2035 is surely Commission President von der Leyen’s landmark proposal. While not legally banning combustion engines themselves, its proposal...

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20 Jul
Member News

ACG | Need Staffing Assistance

ACG Resources is dedicated to providing your business with highly skilled professionals well-matched to your unique hiring needs for both on-site or remote work and short- or long-term assignments. Whether you’re looking to staff professionals in areas such as accounting and finance, technology, administrative, customer service, legal, HR, creative, and marketing, or any other departments, we can help you find the right fit for your team. Contract/Temporary Staffing Contract staffing, also known as temporary staffing, is when a company engages a staffing agency...

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20 Jul
Chapter News

Digital sovereignty: EU Commission kick-starts alliances for Semiconductors and industrial cloud technologies

The European Commission kick-starts today two new Industrial Alliances: the Alliance for Processors and Semiconductor technologies, and the European Alliance for Industrial Data, Edge and Cloud. The two new alliances will advance the next generation of microchips and industrial cloud/edge computing technologies and provide the EU with the capabilities needed to strengthen its critical digital infrastructures, products and services. The alliances will bring together businesses, Member State representatives, academia, users, as well as research and technology organisations. Margrethe Vestager, Executive Vice-President for...

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20 Jul
Member News

CLA | The Great Resignation — Staffing for Success

Hiring the right person is and always has been difficult. Between figuring out where to find talent, how to attract the right candidates to your business, and ultimately convincing a candidate to come work with you, recruiting is a highly involved and difficult process. According to Abe Eshkenazi, CEO of the Association for Supply Chain Management, “There was a talent gap before the pandemic; so it wasn’t like this occurred because of COVID-19.” Enter COVID and the talent gap is...

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