Chapter News

25 Mar
Chapter News, News

EU Solidifies Banking Union: Agreement on Single Resolution Mechanism

The financial crisis in Europe highlighted the need for better regulation and supervision of the financial sector, and since 2010, the European Commission—the EU’s executive arm—has proposed nearly 30 sets of rules to ensure that all financial actors, products, and markets are appropriately regulated and efficiently supervised.  These rules constitute the basic framework for all 28 EU Member States and are the foundation of a properly functioning single market for financial services. As part of this new framework, the EU has...

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25 Mar
Chapter News, News

TTIP: On Track but Off Message?

  On the eve of the US-EU summit, stakeholders remain optimistic that a Transatlantic Trade and Investment Partnership (TTIP) deal can be reached, but they believe a less comprehensive agreement will result from more protracted talks, according to an Atlantic Council-Bertelsmann Foundation survey released yesterday. The survey, a follow-up to a similar 2013 poll, gauges the attitudes of more than 300 individuals on both sides of the Atlantic nearly one year after formal TTIP negotiations began. TTIP will be on the agenda...

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20 Mar
Chapter News, News

A decisive step towards the banking union

On 20 March the Council, represented by the Greek Presidency, has reached a provisional agreement with the European Parliament on the single resolution mechanism regulation. Eurogroup President Jeroen Dijsselbloem, who is chairing the intergovernmental conference on certain aspects of the single resolution fund, also participated in the negotiations. "On behalf of the Presidency, I should like to warmly welcome today's agreement on this key element of Europe's banking union. I sincerely hope that it will open the way for approval by both Parliament...

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20 Mar
Chapter News, News

US Ambassador to EU Gardner Presents Credentials, Launches Twitter & TTIP Video

On Tuesday, Ambassador Anthony L. Gardner who was sworn in as US Ambassador to the EU on February 18, presented his credentials to the European Council President Van Rompuy and European Commission President Barroso in time for President Obama's upcoming visit to the US-EU Summit on March 26. One of Ambassador Gardner's main priorities will be to ensure the TTIP negotiations remain on track. via the US Mission to the EU See his new video highlighting the opportunities TTIP offers here. Prior...

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16 Mar
Chapter News, New York Related News, News

Competition THRIVE: Empowering and Supporting New York City’s Immigrant Entrepreneurs

Enter Competition THRIVE - A  unique competition that seeks original, innovative strategies and programs that help immigrant entrepreneurs succeed in business. Round I: $25,000 awarded to five semi-finalists to pilot their program and create a business plan Round II: $100,000 awarded to one grand prize winner, plus promotional services to further scale their program For more information and to download the proposal guidelines, visit the Competition THRIVE web page, email competitionthrive@baruch.cuny.edu, or call Lendynette Pacheco-Jorge at 646-312-4799. Submission Deadline: Thursday, May 8, 2014...

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13 Mar
Chapter News, News

European Parliament backs Commission proposal for the EU co-financing of the International Financial Reporting Standards (IFRS) Foundation, the European Financial Reporting Advisory Group (EFRAG), and the Public Interest Oversight Board (PIOB)

The European Parliament has today backed the European Commission’s proposal on co-financing the IFRS Foundation, EFRAG and the PIOB, three organisations that play a key role in the development of accounting and auditing standards.  Internal Market and Services Commissioner Michel Barnier said "High-quality, international financial reporting and auditing rules are of vital importance not only for transparency, comparability and the smooth functioning of capital markets, but also for the economy at large. The support of the European Parliament to renew the...

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12 Mar
Chapter News, News

MEPs tighten up rules to protect personal data in the digital era

European Parliament MEPs inserted stronger safeguards for EU citizens’ personal data that gets transferred to non-EU countries in a major overhaul of the EU’s data protection laws voted on Wednesday. The new rules aim both to give people more control over their personal data and to make it easier for firms to work across borders, by ensuring that the same rules apply in all EU member states. MEPs also increased the fines to be imposed on firms that break...

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11 Mar
Chapter News, News

U.S. Objectives, U.S. Benefits In the Transatlantic Trade and Investment Partnership: A Detailed View

In June 2013, President Obama, European Council President Van Rompuy and European Commission President Barroso announced that the United States and the European Union (EU) would launch negotiations on the Transatlantic Trade and Investment Partnership (T-TIP) agreement.  The T-TIP is intended to be an ambitious and comprehensive trade agreement that significantly expands trade and investment between the United States and the EU, increases economic growth, jobs, and international competitiveness, and addresses global issues of common concern.  For the full...

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11 Mar
Chapter News, News

EU-US Trade Talks – 4th Round to start in Brussels on Monday 10 March

A fourth round of EU-US trade talks will kick off in Brussels this coming Monday, 10 March 2014. The talks will help pave the way for a future trade and investment deal, known as the Transatlantic Trade and Investment Partnership, or TTIP. Negotiators will discuss different aspects of the agreement, including: trade in services; public procurement; rules of origin; technical barriers to trade; agriculture; and customs and trade facilitation. Stakeholder outreach – Wednesday 12 March In tandem with next week's talks, the...

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06 Mar
Chapter News, News

EU-US trade talks to continue next week in Brussels

A fourth round of EU-US trade talks for a Transatlantic Trade and Investment Partnership (TTIP) will kick off in Brussels this coming Monday, 10 March 2014. The talks will help pave the way for a future trade and investment deal which facilitates trade between the European Union and the United States. Negotiators will discuss a wide range of topics covering different aspects of the agreement. EU Trade Commissioner Karel De Gucht recently stated that the EU and the US now...

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