Member News

PwC | Executives Prepare for Rising Cybersecurity Budgets as AI Threats Grow

More than four-fifths (84%) of surveyed security and finance leaders expect cyber budgets to rise over the next twelve months—up from 78% last year—as nearly three-fifths (58%) cite AI in their top cyber budget priorities Even as frontier AI models are rolled-out, less than two-fifths (39%) have a fully formalised and operational continuity plan that specifically addresses cyber risks Half (50%) identify attacks targeting AI systems among the cyber threats they’re least prepared to address, yet just over...

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Member News

LVMH | US Demand Supports LVMH in the Third Quarter

LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €57.1 billion in the first nine months of 2026. Organic revenue growth came to 2%. Backed by its diverse range of businesses, LVMH remained very solid in an uncertain geopolitical and economic environment, and maintained its innovative momentum. In the third quarter, organic revenue growth reflected the impact on business activity of a less buoyant environment in China, while the United States, Europe and Japan saw...

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Chapter News

EU Council | Digital rulebook: Council agrees position to simplify data protection, privacy and cyber reporting rules

Today, the Council agreed its position on the proposal to simplify certain rules on data protection, privacy and cybersecurity, while maintaining strong levels of protection for personal data. The changes aim to make the EU’s digital rulebook clearer and easier to apply for businesses, public administrations and citizens, to support EU competitiveness The proposal forms part of the so-called 'Omnibus VII' legislative package in the EU’s simplification agenda. The package includes measures to simplify the EU’s digital legislative framework and the...

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Member News

Property Tax in the News – October 2026

IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, a number of summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found...

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Member News

Arthur Cox | EU Inc.: Driving the EU Competitiveness Agenda

Under Ireland’s 2026 EU Council Presidency, Arthur Cox sponsors a Dublin event on the future of European company law and the “EU Inc.” / 28th regime proposals, with keynotes from EU Commissioner Michael McGrath and Irish Minister Peter Burke. An event hosted by the Dublin European Law Institute at Dublin City University, in The Helix on Thursday 29 October 2026. 08/10/2026Events Held as part of Ireland’s 2026 Presidency of the Council of the European Union programme of associated events, the discussion will...

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Member News

Troutman Pepper Locke | Eight State AGs Sue OpenAI Over ChatGPT Safety and Consumer Protection

Eight state attorneys general sued OpenAI on 14 October, alleging ChatGPT was marketed as safe while harming users, especially minors – a sign that states are using existing consumer protection laws to regulate AI without waiting for federal rules. Key Points The attorneys general of Arizona, Arkansas, Idaho, Iowa, Kansas, Montana, Nebraska, and West Virginia sued OpenAI in their respective state courts, alleging deceptive practices related to ChatGPT’s safety. Some states also assert privacy, product liability, and other claims. The...

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Member News

Thompson Hine | CIT Certifies IEEPA Tariff Refund Class

The U.S. Court of International Trade has certified a class of importers seeking refunds of IEEPA duties on finally liquidated entries – an important development for European and American companies that paid these tariffs. On October 8, 2026, the U.S. Court of International Trade (CIT) granted a broad class certification for importers subject to the International Emergency Economic Powers Act (IEEPA) tariff regime, which the Supreme Court of the United States (SCOTUS) invalidated on February 20 (see Update of February...

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Chapter News

ECB | Statement by Christine Lagarde at the 54th Meeting of the International Monetary and Financial Committee

IMF Annual Meetings, 17 October 2026 Lagarde described the euro-area economy as resilient but exposed to energy-driven downside risks, expects inflation to stay above target into the first half of 2027, and called for adoption of the digital euro regulation by the end of 2026. Introduction The global economy has proven surprisingly resilient in the face of high uncertainty. The conflict in the Middle East continues to expose energy markets to sharp swings. Trade tensions and protectionist measures are weighing on confidence...

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Chapter News

IMF | World Economic Outlook, October 2026: Global Growth Holds Up at 3.1%, Eurozone at 1.1%

The IMF raised its 2026 global growth forecast to 3.1% and expects the eurozone to grow 1.1% this year and 1.2% in 2027, while warning of high energy prices, low European gas inventories and the risk of a reversal in the AI boom. Global economic activity has proven resilient once again. The technology upturn, buffers, and adaptations have helped mitigate the damage from geopolitics-driven disruptions. Global growth is projected to slow to 3.1 percent in 2026 and rebound to 3.4...

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Member News, News

IPTI | Property Tax in the News – September 2026

IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, some summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found in...

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