Chapter News

EU budget: Boosting cooperation between tax and customs authorities for a safer and more prosperous EU

For the next long-term EU budget 2021-2027, the Commission is proposing measures to make tax and customs cooperation between Member States better and more efficient. Continued funding of these programmes will help the EU to progress inoffering businesses unfettered and easy access to the EU's Single Market so that trade can flourish, protect citizens from dangerous goods entering the Union at our external borders and ensure that Member States are equipped to fight tax avoidance and tax evasion. Pierre Moscovici, Commissioner for...

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Member News

The UK applies formally to join the WTO’s Agreement on Government Procurement

By Totis Kotsonis , Partner | Eversheds Sutherland On 1 June the UK applied officially to join the WTO’s Agreement on Government Procurement (GPA). This voluntary plurilateral agreement, within the WTO framework, commits signatory parties to open their public procurement markets to each other’s suppliers on a “no less favourable than domestic suppliers” basis and to comply with a set of rules that promote fairness and transparency in public procurement. GPA parties include, the EU, the United States, Canada, Japan and South Korea....

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Member News

The weekly Vulcan View for the 3rd to the 8th of June featuring analysis of the latest EU developments

KEY EVENTS THIS WEEK: BREXIT British government propose time-limited ‘Irish backstop’ customs proposal Downing Street yesterday published its proposal for a temporary customs arrangement between the UK and the EU which it hopes will resolve the long-standing issue of avoiding the re-emergence of a hard border between Northern Ireland and the Republic. The text of the proposal will now be presented to the remaining EU27 later on this month to the European Council Summit.  Significantly, the proposal makes clear that the temporary...

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Member News

Cultural considerations of doing business in the UK

By TMF Group The United Kingdom is a multilingual, multi-ethnic society, with notable cultural differences between its capital London and the regions. An understanding of the variations in approach is important to UK business success. The UK covers an area of 243,610 km2 (94,060 mi2) and has a population of 65.64m (2016). It is made up of four separate countries: England, Scotland, Wales (making Great Britain) and Northern Ireland. Great Britain is sometimes called just ‘Britain’ for short, although technically Britain refers...

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Member News

BOS Container USA: The polls are open – 2018 Inside Self Storage Best of Business

By Kari Honkaniemi | BOS Container USA, LLC   For three years in a row BOS Container USA has won Inside Self-Storage's award for Best of Business in the category of Most Innovative Product. We are running to make it for the fourth time in a row and hope to count on your votes. We are again nominated for Best of Business in two following categories: Best Portable-Storage Unit Most Innovative Product You can cast your votes here. Thank you for your support! -------------- Best regards, Kari Kari Honkaniemi &...

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Member News

“We’re Updating Our Privacy Policies”—Consent Under the GDPR

By Justin T. Tarka (London) | Ogletree Deakins With the General Data Protection Regulation (GDPR), the European Union’s new privacy law having come into effect on 25 May 2018, thousands of companies have been flooding inboxes in recent weeks with emails asking for consent from recipients, seemingly to comply with the GDPR. While it is probably reassuring to hear from those that hold particularly sensitive information—banks, for example—perhaps less welcome are emails from companies with whom email recipients may have had merely occasional contact,...

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Chapter News

IMF Executive Board Concludes 2018 Article IV Consultation with Kingdom of the Netherlands – Netherlands

On May 23, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Netherlands.  The Netherland’s economic recovery has taken hold. Real growth is forecast to reach 3.1 percent in 2018 owing to robust domestic demand. Private consumption has been supported by rising disposable income and positive wealth effects from increasing house prices. Net exports have proven resilient to global uncertainties, pushing up the already large current account surplus. Unemployment has continued to decline rapidly,...

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Chapter News, Financing for Development/UN SDG's, New York Related News

Governor Cuomo Announces New U.S. Climate Alliance Initiatives to Mark One-Year Anniversary of President Trump’s Decision to Withdraw from the Global Paris Climate Accord

U.S. Climate Alliance Initiatives Draw on New York State's Leadership in Combatting Climate Change, Renewable Energy, Reforming the Energy Vision Initiative, and Nation's Largest Green Bank New Commitments Include Reducing 'Super Pollutants,' Expanding Clean Energy Financing, Storing Carbon in Landscapes, and Softening the Negative Impact of Federal Solar Tariffs U.S. Climate Alliance States Remain on Track to Meet Their Share of U.S. Paris Agreement Target for at Least 25% Emissions Reductions by 2025 Governor Andrew M. Cuomo today marked the one-year anniversary...

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Member News

TD Seeking Innovative Solutions For A Changing World, Launches The TD Ready Challenge To Help Prepare People And The Economy For The Future

On June 4th, TD  launched the TD Ready Challenge, an annual North American initiative that has ten $1 million (CDN) grants available to help catalyze innovative solutions for a changing world. The announcement follows the recent launch of The Ready Commitment, a multi-year program targeting CDN $1 billion (US $775 million) in total by 2030 towards community giving. The TD Ready Challenge will address the four areas identified within The Ready Commitment as critical to building an inclusive future – Financial Security, a more Vibrant Planet, Connected Communities...

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Member News

Anticompetitive agreements: New risks – EU law does not protect against extradition to third countries

By  Sebastian Janka and  Sarah Blazek | Noerr A recent ruling by the European Court of Justice (ECJ) on 10 April 2018 highlights the serious consequences for natural persons of participating in anticompetitive agreements. According to the decision, it is compatible with EU law for EU Member States to extradite citizens of other EU Member States to third countries such as the United States. This applies even if national constitutional law blocks the extradition of that country’s nationals. Such an extradition does not constitute discrimination,...

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