12 Dec
Brexit News, Member News

The Impact of Brexit on Data Protection Law and Your Business

The UK's pending exit from the European Union on March 29, 2019, will have far-reaching effects on many business activities, including the processing of personal data. While the ultimate legal implications are subject to political decisions that are still unresolved, any company doing business in the UK should start preparing itself for changes in both the UK and the EU. This alert sets out the steps businesses should consider taking to get ready for Brexit. What is Brexit and What Are...

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12 Dec
Brexit News, Member News

United States and United Kingdom Conclude Major New Bilateral Air Transport Agreement

By Mark W. Atwood & Robert F. Foster | Cozen O'Connor On November 28, 2018, the United States and the United Kingdom (UK) agreed on the terms of a new bilateral “Open Skies” Air Transport Agreement (the Agreement) that will become effective upon the UK’s withdrawal from the EU. Currently, U.S.-UK air transport is governed by the European Union (EU)-U.S. Open Skies Agreement (EU-U.S. Agreement). As Brexit negotiations continue, the Agreement provides a degree of certainty for the aviation industry about a post-Brexit environment...

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11 Dec
Member News

2019 Tax Changes in Central and Eastern Europe

Operating in CEE? Here’s a summary of the key tax changes coming into effect in Poland, Hungary, Croatia and Ukraine in the new year. Now is the time for your accounting, tax and payroll departments to prepare for these 2019 changes to operating in CEE. If you need more detailed information, or help implementing any of the following developments in your business, don’t hesitate to get in touch with our local experts. Poland Submission of financial statements 1 October 2018 saw changes to government regulations...

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11 Dec
Member News

Taking Action for Good Vision in 2018

By Kristan Gross | Global Executive Director | Vision Impact Institute   From the Director's Desk   Earlier this year in a guest blog, Professor Kovin Naidoo said, “It is very rare for a major public health issue to affect half of the world’s population. In order to reverse this trend we need to mobilize all players and consolidate efforts to achieve our goals.” Professor Naidoo was referring to the myopia epidemic that will impact so many of us in the future. Whether it’s myopia...

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07 Dec
Chapter News

Completing the Banking Union: Commission welcomes political agreement to further reduce risks in the EU banking sector

The European Parliament and the Council of the European Union reached a provisional political agreement on the banking package, a comprehensive set of reforms that the Commission proposed to further strengthen the resilience and the resolvability of EU banks. The Commission welcomes the provisional political agreement, which marks an important milestone in reducing risk in the Union banking sector and reinforcing the resilience of banks. Together with the encouraging data on risk reduction presented by the Commission last week, this prepares the...

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07 Dec
Brexit News, Member News

The Weekly Vulcan View For The 31st Of November To The 7th Of December Featuring Analysis Of The Latest EU Developments

VULCAN VIEW- KEY EVENTS THIS WEEK:  GERMANYCDU elects new party leaderFor the first time in 18 years Angela Merkel  did not run for re-election as leader of her party. This decision, which she announced in November, prompted three members of the party to run for the position. After her farewell speech for which Angela Merkel received minutes of standing ovations, almost 1000 delegates voted to select her successor. In the end Annegret Kamp-Karrenbauer was able to claim victory. After a second...

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07 Dec
Chapter News

ESMA is seeking experts in financial innovation for its consultative group

ESMA is today launching the process to renew the Consultative Working Group (CWG) of the Financial Innovation Standing Committee (FISC). ESMA is calling for expressions of interest from stakeholders to become a member of the CWG by 15 January 2019. ESMA has established the CWG to benefit from the expertise of stakeholders who are involved in the topics related to financial innovation under ESMA’s remit (securities markets, market infrastructures, institutional and retail investors) and with a view to support ESMA’s...

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06 Dec
Brexit News, Chapter News

Council Decision on the conclusion of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community

1. CONTEXT OF THE PROPOSAL • Reasons for and objectives of the proposal On 29 March 2017, the United Kingdom notified the European Council pursuant to Article 50 of the Treaty on European Union of its intention to withdraw from the European Union and from the European Atomic Energy Community. In accordance with Article 50 of the Treaty on European Union, the Union shall negotiate with the withdrawing State an agreement setting out the arrangements for its withdrawal (the Withdrawal Agreement), taking account of the framework...

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06 Dec
Member News

Pharmaceutical companies beware: excessive pricing enforcement is thriving

By Floris ten Have | Stibbe On 28 November 2018, the Organization for Economic Cooperation and Development (OECD) held a discussion on excessive pricing by pharmaceutical companies, which is a hot topic in enforcement practice throughout Europe. Over the last few years, excessive pricing in the pharmaceutical industry has attracted the attention of the European Commission and national regulators. So far, it has led to the adoption of infringement decisions in Italy, UK and Denmark and more enforcement action seems on its way. In...

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05 Dec
Member News

Gordon Cameron Joins Bennett Jones in New York City

Bennett Jones is pleased to announce that Gordon Cameron has joined Bennett Jones (US) LLP as Principal in New York City. He brings more than 15 years of experience working in New York in the areas of corporate finance, private equity and cross-border transactions where he has developed deep ties to New York’s business and legal communities.   “We grow where our clients need us and have been expanding our presence in key U.S. markets and areas of business, practising exclusively...

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