Member News

The Benefits of Outsourcing Funds Administration

By Onno Bouwmeister | Malcolm Pobjoy | VISTRA Alternative investing has gone from a gold-rush industry to one of market turbulence, regulatory oversight, and intense competition. In turn, fund administration has transformed. What was once a relatively straightforward outsourcing of fund accounting has now become a more complex and tailored delegation of operational expertise that requires savvy professionals and sophisticated IT at the ready. Hedge funds were early adopters of outsourcing, but now private equity managers are responding, by outsourcing a variety...

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Member News

Inside Self-Storage Best of Business 2017

BOS CONTAINER USA LLC: MOST INNOVATIVE PRODUCT BOS Container USA Inc.represents manufacturer BOS (Best Of Steel) GmbH in the United States as well as Australia, Canada, Germany, Scandinavia and other countries. The company offers a panelized, expandable storage container that can be assembled quickly with few to no tools. The containers come in six different sizes and can be fitted with accessories such as anti-condensation coating, shelving systems, an access ramp and various organizing tools. What's the biggest pain point your company...

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Chapter News

EIB and European Commission launch new advisory service to help cities plan investments

URBIS, for "Urban Investment Support" will help cities plan investments to support their own urban development strategies and get easier access to finance. Cities face particular challenges when it comes to accessing finance. Individual municipal projects, for example in the fields of social inclusion, urban regeneration or energy efficiency, can be too risky or too small for the market. At the same time, funding for integrated urban programmes can also be difficult to access, because they group several small projects...

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Member News

Update on Property Tax Issues: November 2017

 By Paul Sanderson | Donald Liebman |  IPTI The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). As far as Europe is concerned, this month’s report includes articles on Greece, Ireland, the Netherlands and the United Kingdom. There...

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Member News

DS-Concept Provides $3 Million Export Factoring Facility to Expanding Metal Trading Company in Shanghai

By DS-Concept DS-Concept has provided a $3 million export factoring facility to a trading company that sells metal packaging materials to buyers from the US, Peru, and Chile. The company, based in Shanghai, will use the accelerated cash flow to expand trade with western countries and escalate orders from buyers. The partnership took shape as the client sought to grow its business but was stuck complying to the TT at sight terms popular among Chinese manufacturers in the industry. Consequently, it...

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Member News

Notification of Personal Data Breaches

By Vincent Wellens |  Jacqueline van Essen |Heidi Waem | NautaDutilh Ransomwares and other kind of malwares are waiting the first weakness of your IT systems to attack. Nearly every week, a new data breach is mentioned in the press, tarnishing the affected company's reputation. The GDPR requires data controllers to notify such personal data breach to the competent data protection authority and, as the case may be, to the data subjects. The Article 29 Working Party (WP 29) has published draft...

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Chapter News

Payment services: Consumers to benefit from safer and more innovative electronic payments

The Commission has today adopted rules that will make electronic payments in shops and online safer. This will also allow consumers to access more convenient, cost-effective and innovative solutions offered by payment providers. These rules implement the EU's recently-revised Payment Services Directive (PSD2) which aims to modernise Europe's payment services so as to keep pace with this rapidly evolving market and allow the European e-commerce market to blossom. Today's rules allow consumers to use innovative services offered by third party...

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Member News

ING reports outcome of 2017 EU-wide Transparency Exercise

By ING ING Groep N.V. notes the announcements made today by the European Banking Authority and De Nederlandsche Bank regarding the information of the 2017 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors' decision. The outcome of the exercise related to ING Group can be found in the annexes on the EBA website. Background 2017 EU-wide Transparency Exercise At its meeting in May 2017, the EBA Board of Supervisors approved the package for the 2017 EU-wide Transparency Exercise, which since...

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Member News

Regulatory lawyer Cliodhna McDonough joins Stephenson Harwood

By Alexandra Pygall | Partner| Stephenson Harwood LLP We are pleased to announce that regulatory lawyer Cliodhna McDonough has recently joined our London office as a full-time consultant, strengthening our life sciences and consumer practices.   McDonough, dual qualified as both a clinical dietitian and a regulatory lawyer, brings more than 10 years of experience across the life sciences, food and drink, and cosmetic sectors. She has considerable clinical experience and was a member of the Government State Board of Ireland’s...

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Brexit News, Chapter News

“Europe, France and the United Kingdom: facing our common economic challenges”

Speech by François Villeroy de Galhau, London, 23 November 2017   Ladies and Gentlemen, It is a pleasure to be in London today and I wish to thank you for inviting me to speak at your Annual Financial Lunch. The destiny of France and the United Kingdom has indeed been linked for a very long time; the existence of the French Chamber of Commerce in Great Britain, which was established 143 years ago, is a good illustration of these firm and...

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