15 Jan
Brexit News, Member News

The EU-UK Future Relationship: EU Announces Its Timetable For Cross-Border Equivalence In Financial Services

The U.K. House of Commons has approved the Withdrawal Agreement. Assuming this is ratified by the EU, and Royal Assent is achieved in time, the U.K. will leave the EU on January 31, 2020, entering into a “transition” or “implementation” period during which most of the EU’s arrangements and legal regime will continue to apply in the U.K. This period is planned to end on December 31, 2020, leaving just 11 months for the EU and U.K. to reach...

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15 Jan
Brexit News, Member News

Osborne Clarke Timelone for Brexit 2020

Timeline for Brexit 2020 7 January Withdrawal Agreement Bill returned to the House of Commons. 9 January Third reading of the WAB and end of Commons stages of the WAB. 13 January WAB passed to the House of Lords. Although some Lords may attempt to amend the WAB, the House itself will be mindful that the WAB was a Conservative manifesto commitment. By 29 January The WAB will be law. 29 January (expected) European Parliament consents to the Withdrawal Agreement. Some point between 29 to 31 January The UK and the...

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15 Jan
Member News

The Old-Fashioned Phone

By Joanna Dodd Massey, CEO, JDMA Inc I had a conversation at dinner with a colleague about the different ways younger and older generations communicate. Broadly speaking, Millennials prefer email, text, Instagram DM and Slack (or other instant-messaging business apps). Gen Z favors text, Slack and Snapchat. Gen X and Baby Boomers are still into email with Gen X gravitating to Slack and text. The Silent Generation, also known as the Traditionalists, like a good old-fashioned phone call or face-to-face...

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15 Jan
Chapter News

Parliament Supports European Green Deal and Pushes for Even Higher Ambitions

MEPs support the European Green Deal, but highlight challenges, including ensuring a just and inclusive transition and the need for high interim targets. Parliament adopted on Wednesday its position on the European Green Deal, unveiled by Commission President von der Leyen in a plenary debate in December. MEPs welcome the European Green Deal and support an ambitious sustainable investment plan to help close the investment gap. They also call for an adequately funded just transition mechanism. Speed up reduction of greenhouse-gas emissions Parliament...

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14 Jan
Chapter News

Visit of EU Trade Commissioner Phil Hogan

EU Trade Commissioner Phil Hogan is in Washington, DC (January 13-16) for meetings with the U.S. Administration, Congress, the IMF, and business leaders. This will include meetings with the United States Trade Representative, Robert Lighthizer, the Secretary of Treasury, Steve Mnuchin, and Secretary of Commerce, Wilbur Ross. This is the first trip that Commissioner Hogan is taking outside the European Union in his capacity of Commissioner in charge of trade.  On Tuesday 14, Commissioner Hogan participated in a Trilateral Meeting with Hiroshi...

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14 Jan
Chapter News

EU, U.S. and Japan Agree on New Ways to Strengthen Global Rules on Industrial Subsidies

In a Joint Statement issued today, representatives of the European Union, the United States and Japan announced their agreement to strengthen existing rules on industrial subsidies and condemned forced technology transfers practices. In a meeting held in Washington, D.C., the EU, the U.S. and Japan agreed that the current list of subsidies prohibited under the World Trade Organization's (WTO) rules is insufficient to tackle market and trade distorting subsidisation existing in certain jurisdictions. They concluded therefore that new types of unconditionally prohibited...

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14 Jan
Member News

Germany: More Living Space for Berlin – EIB Lends EUR 240 Million to Gewobag

The European Investment Bank (EIB) is providing the state-owned housing company Gewobag with a 240-million-euro loan, which is earmarked for the construction of 2,000 new residential units by 2023. The new buildings will predominantly meet “energy-efficient house” standards and therefore surpass the requirements of the applicable energy saving regulation (EnEV). The contract for financing the project between the European Investment Bank and Gewobag was already signed. This cooperation will secure further affordable housing for Berlin. “The low-interest loan from the EIB...

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13 Jan
Member News

Ogletree Deakins Names New Chief Operating Officer

Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce that the firm has named Lisa Ellis-James as its Chief Operating Officer. Ellis-James, who will be based in Ogletree Deakins’ Greenville administrative office, joins the firm from The Boston Consulting Group, where she served as Senior Director, Global Operational Innovations, and was the Chief of Staff for the Global Operations Leadership Team. As Ogletree Deakins’ Chief Operating Officer, Ellis-James will lead the firm’s...

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13 Jan
Chapter News

The European Commission Takes Action to Protect Europe’s Interests in International Trade

The European Commission unveiled a proposal that will allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO). To further increase the focus on compliance and enforcement of the EU's trade agreements, the Commission created the position of Chief Trade Enforcement Officer. President of the European Commission, Ursula von der Leyen, said: “A stronger Europe in the world implies efficient EU leadership on global trade and...

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