16 Jun
Chapter News

EU-Canada summit, Brussels, 14 June 2021

Main results The 18th EU-Canada summit took place in Brussels on 14 June 2021. Charles Michel, President of the European Council, and Ursula von der Leyen, President of the European Commission, represented the EU. Canada was represented by Prime Minister Justin Trudeau. The leaders discussed how to work together to end the COVID-19 pandemic and pursue a sustainable, people-centred and inclusive recovery. They reaffirmed their ambitious commitments on fighting climate change and protecting the environment, and their determination to promote democratic...

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16 Jun
Chapter News

EU-US summit, Brussels, 15 June 2021

Main results The EU-US summit on 15 June 2021 marked the beginning of a renewed transatlantic partnership and set a joint agenda for EU-US cooperation in the post-pandemic era. The leaders committed to regular dialogue to take stock of progress. Key summit deliverables include three major new trade initiatives. The leaders agreed to: create a Cooperative Framework for Large Civil Aircraft engage in discussions to resolve differences on measures regarding steel and aluminium by the end of the year establish an EU-US Trade and Technology Council Charles...

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16 Jun
Member News

Faegre Drinker | New Tools for International Data Transfers: European Commission Adopts New Standard Contractual Clauses

In early June 2021, the European Commission adopted a new set of Standard Contractual Clauses for organizations to use to ensure compliance with the EU General Data Protection Regulation (GDPR) requirements for transfers of personal data from the European Economic Area (EEA). Background Under the GDPR, transfers of personal data from the EEA are not permitted unless certain safeguards are met to ensure that a similar level of protection is afforded to data subjects as that granted under EU law. Among...

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16 Jun
Member News

Marks Paneth | PPP Loan Forgiveness: An Important Window is Closing

More than 30% of borrowers who received Paycheck Protection Program (PPP) loans in 2020 still have not applied for forgiveness, according to the Small Business Administration (SBA). The SBA distributed approximately $521 billion in PPP loans to businesses during 2020, but as of May 24, 2021, had not received forgiveness applications related to loans totaling $159 billion of those funds. The SBA has issued guidance explaining that borrowers may submit a loan forgiveness application any time before the maturity date...

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16 Jun
Chapter News

FTC | Back to Business #2: Slamming the office door on B2B COVID scams

You have to say this about scammers: They’re up on current events. As early as February 2020, con artists were already using the coronavirus as a hook for swindles and scams and the FTC was sounding an alert for consumers. It didn’t take long before scammers targeted businesses, too. Now that many companies are returning to an in-person workplace, some fraudsters will try to take advantage of the transition. As you get back to business, keep your guard up against these...

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15 Jun
Chapter News

UN Security Council: Speech by the HR/VP Josep Borrell

Check against delivery! Ambassadors, ladies and gentlemen, 1.  The 2021 geopolitical landscape I am pleased to speak to you today about the role of the EU on the maintenance of international peace and security. We live in a world where the demand for multilateral solutions is greater than the supply. We see more divisions, more free-riding and more distrust than the world can afford. Rules-based multilateralism is a term that’s perhaps well understood at the UN and in Brussels. Maybe it is not a simple,...

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15 Jun
Member News

RSM | June 2021 – Your Global Summary of IFRS News and Developments

RSM World of IFRS summarises key matters arising from recent IASB discussions and decisions, highlights RSM thought leadership from around the world, and addresses an IFRS application question each month. Latest matters from the international accounting standards board (IASB) The following is a summarised update of key matters arising from the discussions and decisions taken by the IASB at its remote meetings from January to May 2021: The full update, as published by the IASB, can be found here. Maintenance and consistent application BUSINESS COMBINATIONS...

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15 Jun
Member News

Via | How to make autonomous transportation useful

Learning from real-world examples, we’ll show you how to leapfrog to a new TransitTech paradigm while solving for real public transportation needs. If you pull up the citywide public transit app in Arlington, Texas, you’ll find yourself with two options: On-demand microtransit vehicle, or on-demand self-driving vehicle. Under the leadership of Mayor Jeff Williams, this city of 400,000 (located about 20 miles west of Dallas) is at the forefront of making technology a useful part of its public transportation. WATCH: How to integrate AVs with...

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15 Jun
Chapter News

FTC | Back to business #1: Where’s your data?

As many companies shift to an in-person workplace, you and your employees face the opportunities and challenges of the new new normal. Today is the first in a five-part Back to Business blog series to help ease the transition back to the office, including steps you can take to reduce the risk that COVID scammers, data thieves, and financial fraudsters will follow you there. One consideration for companies: assuring you’re in control of sensitive information. Here are some tips on maintaining appropriate data...

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14 Jun
Member News

CILcare | CILcare and Knotus partner to accelerate the development of novel therapies to prevent and treat ear disorders in Korea and Asian market

Montpellier & Seoul, June 8th, 2021 | CILcare, the world’s leading CRO dedicated to ear disorders, and Knotus, a leading Korean non-clinical CRO, announced today that they have entered into a strategic partnership that aims at accelerating the development of therapeutics to prevent and treat hearing disorders. CILcare and Knotus will be working together to propose to pharmaceutical, veterinary, nutraceutical and medical devices industries CILcare’s cutting-edge R&D services to support safety and efficacy evidence of their products on auditory functions. Hearing...

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