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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

05 Dec
Member News

Greenberg Traurig’s Ed Wallace named no. 12 on City & State’s 2018 “Manhattan Power 50” list

 Ed Wallace, co-chair of the New York City office of global law firm Greenberg Traurig, LLP was named number 12 on City & State’s 2018 “Manhattan Power 50” list. Wallace is the highest-ranked practicing attorney on the list. He was honored at an event on Nov. 29 at The Mezzanine where he also delivered the introductory remarks for Gale Brewer, Manhattan Borough President.The Manhattan Power 50 is City & State’s list of key players in the world of New York City government. The Power...

Read more

05 Dec
Brexit News, Member News

Next steps for the Brexit Withdrawal Agreement

For the UK to leave the EU under the terms of the negotiated ‘deal’ - both Houses of British Parliament have to vote to accept the Withdrawal Agreement. However, opposition is coming on both practical and constitutional issues. The European Union has progressed with the constitutional steps needed for Brexit to happen, and arguably, it had a more straightforward task. Once the negotiation process was complete, the ratification process for the Withdrawal Agreement is ‘relatively’ uncontentious or complicated. Last week...

Read more

05 Dec
Member News

Important Update: Tariffs Delayed but We Still Need Your Help

Following the agreement between President Trump and China’s President Xi Jinping to delay new tariff increases for 90 days, The Toy Association continues to strongly encourage members to join the fight against tariffs as there is still work to be done. The White House announced over the weekend that on January 1 it would not increase tariffs on the $200 billion worth of Chinese imports currently subjected to 10 percent tariffs. Instead, the Administration will delay the increase to 25 percent for 90...

Read more

04 Dec
Member News

Tradewind Announces $8 Million Non-Recourse Factoring Facility for USA-based Power Solutions Company

Tradewind has provided an $8 million non-recourse factoring facility to a USA-based power solutions company that supplies, installs, and maintains its line of products for the telecom industry nationwide. Tradewind’s funding will support the exponential growth of the power provider by expediting its cash flow so it can keep up with demand and vendor payment. The power solutions company recently entered into a new contract with one of its telecom partners that expanded the territory it serviced for them from...

Read more

«‹569570571572573›»