Chapter News

Statement by Executive Vice-President Margrethe Vestager on the EU Commission’s decision to appeal the General Court’s judgment on the Apple tax State aid case in Ireland

Statement | 25 September 2020 | Brussels “The Commission has decided to appeal before the European Court of Justice the General Court's judgment of July 2020 on the Apple State aid case in Ireland, which annulled the Commission's decision of August 2016 finding that Ireland granted illegal State aid to Apple through selective tax breaks. The General Court judgment raises important legal issues that are of relevance to the Commission in its application of State aid rules to tax planning cases....

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Member News

Loyens & Loeff | Do’s & Don’ts in case of dismissal and downsizing

The coronavirus has a major impact on our economy and possibly also on your company. In the context of this pandemic, several companies are facing particularly difficult circumstances which can result in the difficult decision to dismiss certain employees. Here are some do's and don'ts that might be useful for your company in case of possible future redundancies. Alternatives to avoid (collective) dismissal? It is important not to launch the collective dismissal procedure too hastily. In practice, we often see that...

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COVID-19 News, Member News

MJV Technology & Innovation | New Normal Under Construction (Life after COVID) Research

New Normal Under Construction (Life after COVID) Research is a study that aims to support anyone, especially leaders, to balance reflection and action for decision making in the present, with eyes on the possible futures. For businesses, governments, and society, it has become clear that it is crucial to keep ourselves on our feet to develop anticipatory innovation and antifragility skills. This research dives into the uncertainties of today and the decade to understand how to tackle them best...

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COVID-19 News, Member News

EACCNY “Post-Pandemic Labor Law” Series | The Effect of COVID-19 on Employee Benefits: Considerations in Italy and the United States

With the help of our members, we are creating a Thought-Leadership series on the impact of COVID-19 on Labor & Employment from the perspective of both sides of the Atlantic. Today, we present Jessica X. Rothenberg, Associate at Troutman Pepper LLP in New York, and Tabita Costantino, Associate at Portolano Cavallo in Milan, Italy, who will address “The Effect of COVID-19 on Employee Benefits: Considerations in Italy and the United States.”  | The United States and Italy have both been, and continue to...

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Member News

HSBC | Ralph Jardine named US Head of Inclusion and Culture

Responsible for expanding diversity and inclusion efforts | Ralph Jardine has been appointed as the Head of Inclusion and Culture, HSBC USA. This newly created position is focused on expanding the bank’s diversity and inclusion efforts. He reports directly to Michael Roberts, President and CEO, HSBC USA, and Maureen Gillan-Myer, US Head of Human Resources. “The events that have unfolded this year – from the killing of George Floyd to the resurgence of the Black Lives Matter movement – have emphasized...

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Member News

UBP IAS | Swiss & German Small-Mid-Cap Overview: Strengths and Challenges

2020 has so far challenged many worldwide companies  as well as the Swiss and German Small and medium-sized enterprise (“SME”) sector. It is not just COVID 19, but also issues like digitalization, climate change, sustainability and international competition which feature in so many management considerations. When investigating the business strategies of numerous SME companies in Switzerland and Germany, we observe important strengths which should help to weather these obstacles. These companies have taken decisive action to address the COVID...

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Member News

RavenPack Enters Data Visualization Space with New Interactive Tools by ChartIQ

The first collaboration brings a premium charting interface to RavenPack’s US election media monitor which showcases in-depth analysis of projections, sentiment, the influence of key topics surrounding the election, and financial market data. NEW YORK, NY - September 22, 2020 - RavenPack, a leading big data analytics provider, has partnered with Cosaic, a leader in the field of interactive visualization tools, to create an entirely new way to visualize unstructured data. The partnership confirms RavenPack’s mission to give meaning to...

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Chapter News

OECD | Building confidence crucial amid an uncertain economic recovery

Watch the webcast of the press conference | With the COVID-19 pandemic continuing to threaten jobs, businesses and the health and well-being of millions amid exceptional uncertainty, building confidence will be crucial to ensure that economies recover and adapt, says the OECD’s Interim Economic Outlook. After an unprecedented collapse in the first half of the year, economic output recovered swiftly following the easing of containment measures and the initial re-opening of businesses, but the pace of recovery has lost some momentum more...

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Chapter News

Capital Markets Union: Commission to boost Europe’s capital markets

The European Commission has today published a new, ambitious Action Plan to boost the European Union's Capital Markets Union (CMU) over the coming years. The EU's top priority today is to ensure that Europe recovers from the unprecedented economic crisis caused by coronavirus. Developing the EU's capital markets, and ensuring access to market financing, will be essential in this task. Large and integrated capital markets will facilitate the EU's recovery, making sure that businesses – in particular small and medium-sized...

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Chapter News

Digital Finance Package: Commission sets out new, ambitious approach to encourage responsible innovation to benefit consumers and businesses

The European Commission has today adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. Today's package will boost Europe's competitiveness and innovation in the financial sector, paving the way for Europe to become a global standard-setter. It will give consumers more choice and opportunities in financial services and modern payments, while at the same time ensuring consumer protection and financial stability. Today's measures will be crucial in supporting...

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