16 Jan
Member News

2019 IPT changes in Denmark, Ireland, Slovakia, Spain, France, Italy

The new year has brought changes that affect insurers writing cross-border business across the EU. Some territories have introduced new requirements, or amendments to existing obligations that necessitate the amendment of reporting procedures for insurers. Here’s a summary of some of the changes that have recently come into force, or are scheduled for 2019. Denmark – Guarantee Fund for Non-Life Insurance Undertakings Act no. 375 of 1 May 2018 amended the Danish Guarantee Fund for Non-Life Insurance Undertakings Act. All non-life insurers...

Read more

16 Jan
Brexit News, Chapter News

EU tax policy and Competition; EU-US trade relations and update on Brexit

Commission launches debate on a gradual transition to more efficient and democratic decision-making in EU tax policy EU tax policy The Commission has today kick-started the debate on reforming decision-making for areas of EU taxation policy, which currently requires unanimity among Member States. This unanimity often cannot be achieved on crucial tax initiatives, and can lead to costly delays on sub-optimal policies. The Communication published today suggests a roadmap for a progressive and targeted transition to qualified majority voting under the ordinary legislative...

Read more

16 Jan
Brexit News, Chapter News

Speeches by First Vice-President Frans Timmermans and Chief Negotiator Michel Barnier on behalf of President Juncker at the Plenary session of the European Parliament on the occasion of the debate on the UK’s withdrawal from the EU

Strasbourg, 16 January 2019 By Frans Timmermans & Michel Barnier First Vice-President Frans Timmermans Thank you very much, Mr President. The vote last night in the House of Commons was crystal clear. The Withdrawal Agreement has been rejected. And now we will have to look for a way forward. The Commission regrets the rejection of the Withdrawal Agreement, as the representative of the Council said, because we do believe this was the best possible outcome. In a situation where two parties were negotiating, looking after their...

Read more

15 Jan
Brexit News, Member News

Flash Report on Today’s Brexit Vote

By Lucinda Creighton, CEO & Robert O’Reilly, Strategic Counsel | Vulcan Consulting  Situation Analysis Today’s vote presents yet another “crunch moment” in the long running Brexit saga.  For those who have not been following in any great detail, this is Prime Minister Theresa May’s big moment in the House of Commons, when she will attempt to get the deal she has agreed with the European Union through by way of parliamentary vote.  This so called ‘Exit Deal’ does not set out the...

Read more

14 Jan
Member News

Banks need a culture shock

By William Rhodes | President & CEO | William R. Rhodes Global Advisors  A decade after the financial crisis, banks haven’t lost their capacity to shock. From Wells Fargo’s fake accounts to Goldman Sachs’ involvement in Malaysia’s 1MDB scandal to allegations of money laundering at Danske Bank, failures of conduct and culture have damaged trust in banks and posed material risks to institutions’ profitability. Urgent reforms are needed to safeguard the health of the global financial system and rebuild public confidence...

Read more

14 Jan
Chapter News

Coming up in 2019: European elections, EU budget, Brexit

Elections, future of Europe, Brexit... the New Year starts with a busy agenda for the European Parliament. European elections  The next European elections - and the first after Brexit - will take place on 23-26 May. People in the EU will elect 705 MEPsto form the new European Parliament, which will then elect a new  president of the European Commission. Look out for debates between the lead candidates for the post. Future of Europe MEPs will continue to discuss the future of Europe with EU leaders. Spanish Prime Minister...

Read more

14 Jan
Member News

Don’t Let These 10 Legal Myths Stop Your Doing Business In The U.S.: Myths #6 and 7 – The U.S. is very litigious and that is too threatening to a small company like ours. As a result, the risk of liability and lawsuits relating to our products and/or services is too great.

By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #5 –If we enter the US we may be jeopardizing our valuable intellectual property. In this installment, I will address Myths #6 and 7 which are related  - The US is very litigious and that is too threatening to a small company...

Read more

11 Jan
Chapter News, Trade & TTIP Related

EU Trade Commissioner Visits Washington DC. Read her Speech About the Current International Trade Landscape.

This week (January 7th-13th), EU Trade Commissioner Cecilia Malmström spoke at the Atlantic Council in Washington D.C. about the current international trade landscape. In her speech, Malmström pointed out the importance of reforming the WTO, in order to maintain the effectiveness of the system. “International trade without the WTO would be anarchic. Countries would be bullied, companies would fall victim to unfair practices – there would be no reliability, no stability. So we need to repair and stand up for the...

Read more

11 Jan
Brexit News, Member News

The Weekly Vulcan View For The 7th Of January To The 11th Of January Featuring Analysis Of The Latest EU Developments

VULCAN VIEW - KEY EVENTS THIS WEEK: European Union: The Polish and Italian Election Coalition    With the European Elections in full swing, the leaders of the most popular populist parties in Poland and Italy will meet Wednesday to discuss a common strategy for the Elections in May.  Matteo Salvini and Jarosław Kaczyński (PiS) are hoping that the common ground they have concerning migration and their euroskepticism, will enable a joint position in the next election. However, they have very different views on Russia.   PiS,...

Read more

10 Jan
Member News

Bannockburn Global Forex Update: Looking to 2019

2019: The Last Year for the Millennium to Be a Teenager The year may be drawing to a close, but it is not clear that Annus Horribilis for investors will end.  The projection of the 2017 synchronized growth upturn into 2018 hit the shoals of the business cycle.   The fiscal stimulus gave the US an adrenalin rush, lifting growth to an average annualized pace of 3.8% in Q2 and Q3, but many models, based on market prices, warn of increased...

Read more

«‹563564565566567›»