Chapter News

Remarks by Michel Barnier following Round 3 of negotiations for a new partnership between the European Union and the United Kingdom

May 15, 2020 | Speech by Michel Barnier. Ladies and gentlemen, I am happy to be with you again, even if still only virtually. I hope that you and your friends and families are as well as can be, in these times that remain difficult and continue to require our individual and collective mobilisation. Three weeks ago, at the end of our second negotiation round on our future partnership with the United Kingdom, I told you that the EU's objective was to move...

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Chapter News

EACCNY #COVID19 Impact Stories from Our Members – Galileo Advisors

Together with our members we are creating a Video series of first-hand accounts of the Pandemic’s impact, both personally & professionally. We invite you to join us today for a first-hand look at the impact of the global shutdown following the Coronavirus (COVID-19) outbreak – Today we are featuring Georges Ugeux, Chairman & CEO, Galileo Advisors a EACCNY member. The questions we asked our members for this series are: 1) What are some challenges you, personally and your organization have faced? 2) What...

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Member News

Vulcan Insight: German constitutional court ruling continues to reverberate across the EU

May 15, 2020 | One week after the German constitutional court’s (BVerfG) ruling that part of the European Central Bank’s sovereign bond-buying programme may be illegal under the German constitution, the ruling continues to reverberate across the EU’s political, economic and legal circles. The political repercussions to the Karlsruhe-based Court were immediate, with both the European Commission and ECB taking note of the ruling and arguing that the BVerfG had no jurisdiction on the matter and reiterating the supremacy of EU law...

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Member News

WSGR: EDPB Publishes Guidelines on COVID-19 Related Data Usage

May 14, 2020 | On April 21, 2020, the European Data Protection Board (EDPB) published two sets of guidelines addressing data processing in the context of the COVID-19 pandemic. These guidelines address the use of location data and contact tracing tools to combat the spread of COVID-19 and the use of health data for the purposes of scientific research into COVID-19 (together, the guidelines). Since March 2020, the EDPB and the European Commission (EC) have been active in addressing the use of data to combat...

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Member News

CyZen: [COVID-19] Five Ways to Keep Your Remote Workforce Cyber-Secure

March 18, 2020 | In a national effort to curtail the spread of COVID-19, we are witnessing the rise of the remote workforce. While companies are focusing on ways to protect their employees, clients and families, cyber attackers are infiltrating insecure cybersecurity postures. CyZen’s advisors have been closely monitoring the rise in COVID-19-related cyber-attacks. Our experts have witnessed spearphishing campaigns and new forms of malware being spread through documents using the name, “coronavirus.” Knowing that largescale telecommuting is uncharted territory for...

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Chapter News

Tourism and transport: Commission’s guidance on how to safely resume travel and reboot Europe’s tourism in 2020 and beyond

May 13, 2020 | Today, the Commission presents a package of guidelines and recommendations to help Member States gradually lift travel restrictions and allow tourism businesses to reopen, after months of lockdown, while respecting necessary health precautions. The Commission's guidance aims to offer people the chance to get some well-needed rest, relaxation and fresh air. As soon as the health situation allows, people should be able to catch up with friends and family, in their own EU country or across borders, with...

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Chapter News

ESMA supports ESRB actions to address COVID-related systemic vulnerabilities

May 14, 2020 | The European Securities and Markets Authority (ESMA), the EU securities markets regulator, has published A STATEMENT supporting THE RECOMMENDATIONS issued by the General Board of the European Systemic Risk Board (ESRB).  These recommendations are part of a set of actions to address the Coronavirus emergency from a macroprudential perspective. ESMA expresses its support to the ESRB Recommendation, which suggests that relevant NCAs across the European Union (EU), coordinated by ESMA, undertake focused supervisory engagement with investment funds that have significant...

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Member News

CLA: HR Considerations for Returning to Work After COVID-19

May 5, 2020 | Key insights • Developing business continuity and preparedness plans can help employees return to work safely and successfully and may help everyone to be better prepared for the future. • Immediate priorities should include revising employee handbooks and policies related to time off and remote work. • Transparency in decision-making may help organizations embrace change successfully. • Communication — what information and how it is delivered — has never been more important. COVID-19 has driven changes into the world of work...

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Member News

Estonia takes over the UN Security Council presidency

April 30, 2020 | From 1 May, Estonia will hold the presidency of the UN Security Council for a month. Estonia plans to pay particular attention to the connections between the COVID-19 pandemic and the security environment, cybersecurity, the fundamental principles of international law, including the protection of civilians, and increasing the transparency of the Security Council during the crisis. “The Security Council continues to work through the coronavirus crisis. When we became an elected member of the Security Council in...

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Member News

Houthoff: News Update Financial Regulatory, Highlights of Recent Developments

May 12, 2020 | The Houthoff Financial Regulatory team closely monitors the developments on the financial markets and within financial supervision. In this News Update, we have rounded up a few important recent developments. If you wish to stay informed, you can subscribe to these News Updates here. Recently, the first cautious easing of the coronavirus measures was announced. In the meantime, the steady stream of publications by supervisors and legislatures on measures to give financial enterprises operational and financial flexibility continues. Several...

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