03 Nov
Chapter News

The EIB and NAFIN sign USD 100 million loan to support climate action projects in Mexico

The European Investment Bank (EIB) and Nacional Financiera (NAFIN), one of Mexico’s leading development banks, have signed a USD 100 million loan to support climate action projects in Mexico. The loan to NAFIN will be on-lent to private sector borrowers to develop wind farm projects, including one 200 MW farm located in the State of Coahuila, northern Mexico and a 130 MW farm in the State of Zacatecas.  The development of wind energy in Mexico supports national targets for renewable energy...

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02 Nov
Member News

December Deadline Approaches for Maintaining DMCA Safe Harbor Protection

By Wilson Sonsini Goodrich & Rosati Companies that wish to benefit from the Digital Millennium Copyright Act's (DMCA's) safe harbors for online service providers are required to use a new electronic system at the Copyright Office to designate an agent for the receipt of notifications of claimed infringement. All service providers, including those who have previously designated agents under the DMCA, must file this information using the electronic system by December 31, 2017. Failure to designate an agent may result...

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01 Nov
Member News

CBP Increases Scrutiny of the Use of Forced Labor for Imported Products

By GRUNFELD | DESIDERIO | LEBOWITZ  |SILVERMAN & KLESTADT LLP U.S. Customs and Border Protection (“CBP”) has recently begun to issue notices advising the importing public about their obligation to ensure that forced labor is not used to make imported products. In addition we have seen instances where CBP has issued questionnaires to importers relating to the use of forced labor to make their goods. These actions stem from two recent changes in the law.  First, under the Trade Facilitation and...

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01 Nov
Chapter News

EIB loan to SKB supports construction of new energy efficient residential buildings in Sweden

The European Investment Bank and SKB, Sweden’s largest non-profit privat housing co-operative, signed a EUR 56 million loan agreement to build new minimum energy apartments in the Stockholm region. This is the first time the EIB provides direct financing for energy efficient residential buildings in Sweden, which are also known as “nearly zero-energy” buildings. “We are happy to support SKB in its long-term efforts to create sustainable, and climate friendly housing in the capital region,” said EIB Vice-President Alexander Stubb....

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01 Nov
Member News

Ogletree Deakins Named a “Law Firm of the Year” For Seventh Consecutive Year U.S. News – Best Lawyers® “Best Law Firms”

By Ogletree Deakins Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce that the firm has been named a “Law Firm of the Year” for the seventh consecutive year by U.S. News – Best Lawyers® “Best Law Firms”. Only one law firm in each practice area receives the “Law Firm of the Year” designation. In the 2018 edition of the U.S. News – Best Lawyers® “Best Law Firms” list, Ogletree Deakins is...

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31 Oct
Brexit News, Member News

Securing a transitional agreement with the EU is critical for the UK’s business investment outlook

By Mark Gregory | EY Chief Economist Report highlights Business investment is vital for a successful Brexit In 2016, business investment dipped for the first time since 2009, falling 0.4% amid heightened uncertainty in the run-up to the referendum on EU membership. However, despite the June 2016 Brexit vote contributing to a decline in business confidence, business investment grew 0.8% quarter-on-quarter in Q1 2017 and 0.5% in Q2. Stronger business investment is key Going forward, a healthy level of business investment is important. With...

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31 Oct
Member News

DS-Concept Announces Trade Finance Facility for Dynamic Apparel Manufacturer in Turkey

By Catherine Alvino | Marketing Coordinator | Istanbul, Turkey (October 30, 2017)| DS-Concept DS-Concept has provided a € 3 million facility to a recently opened ready-made garment manufacturer in Turkey. The company exports to Spain and the Netherlands and sells to well-known brands such as ITX and Mango. With DS-Concept’s facility in place, the fledgling manufacturer is able to allocate working capital to its higher business goals, such as entering the US market and investing in new technologies. The client sought...

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30 Oct
Member News

Bannockburn Global Forex: 2018 FX Outlook

By Bannockburn Goobal Forex Overview 2018 is shaping up to be a year defined by significant volatility and continued uncertainty.  While consensus has developed around near term US monetary policy, timing and direction of US fiscal policy are anything but certain, and the combined effect of both is unpredictable.  Developments beyond our borders, among them Brexit, central bank actions, and geopolitics will also play a pivotal  role in currency movements in the coming year, and are all subject to a range...

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30 Oct
Chapter News

Speech by Bruno le Maire, French Minister of the Economy and Finance

Ladies and gentlemen, I come full of hope for my country, for Europe, for the bilateral relationship between both countries. And full of willingness too. A few words about our bilateral relationship. I believe in a strong transatlantic relationship. Between the US and France. We share a huge responsibility on the world stage. We live in an unstable world – both politically and economically. And I am convinced we have a better chance of successfully dealing with the many challenges we face if...

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30 Oct
Member News

Update on Property Tax Issues: October 2017

By Paul Sanderson | 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 Germany, Greece, Ireland, and the United Kingdom. There is a separate...

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