Member News

Member News

Vulcan View: The latest EU developments 19 May – 23 May

EU and the UK sign Security and Defence Partnership On Monday, 19 May, European Commission President von der Leyen, European Council President Costa and European Commissioner with responsibility for the EU-UK Relationship Maroš Šefčovič held the first official post-Brexit EU-UK Summit with UK Prime Minister Starmer and Minister for EU Relations Nick Thomas-Symonds. As expected, the Summit brought an Agreement on an EU-UK Security and Defence Partnership. Still, it was light in concrete deliverables otherwise, apart from an extension of the...

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Member News

Bannockburn Capital Markets | Dollar Slumps

Overview:  The dollar is finishing the week heavily.  It is off against nearly all of the world's currencies.  The only exceptions are the Turkish lira and Hong Kong dollar.  For the week, among the G10 currencies, only the Australian dollar has not risen at least 1%,  Helped by stronger than expected retail sales, sterling set a new three-year high (~$1.3500).  Between the tariffs and the budget, the Dollar Index is set to snap a four-week upside correction, even as the...

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Member News

Noerr | European Commission: Proposal for simplification of GDPR record-keeping obligations of organisations with fewer than 750 employees

The European Commission has introduced a new package to simplify rules and reduce bureaucracy across the Single Market. Inter alia, this package aims to simplify record-keeping obligations of Small and Medium-sized Enterprises (SMEs), small mid-caps (SMCs) and organisations with fewer than 750 employees. According to the Commission’s recent proposal, the GDPR obligation to maintain records of processing activities (RoPA) (Article 30 GDPR) shall not apply to an enterprise or an organisation employing fewer than 750 persons unless the processing it carries out is likely...

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Osborne Clarke | Important EU and UK regulatory updates for US businesses

As early summer approaches, we wanted to highlight several critical regulatory developments that require attention from US businesses operating in European markets. Our international team has been closely monitoring these changes to help you navigate the evolving compliance landscape. The UK's Economic Crime and Corporate Transparency Act (ECCTA) introduces new compliance challenges that could affect US businesses with UK connections. Simultaneously, the rise of artificial intelligence technologies is reshaping the approach to trade-secret protection in Europe, requiring fresh strategies...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Demystifying VAT, Duties, and Tariffs: The Trade Taxes Reshaping Global Commerce

By Noa Sussman, Director of Global Solutions, TECEX In today’s increasingly fragmented and protectionist global economy, few areas are more misunderstood — yet more impactful — than trade taxes. Terms like VAT, duties, tariffs, and more recently, duty drawbacks, are often lumped together or misused entirely, even in strategic discussions. But make no mistake: these taxes are no longer just regulatory details relegated to customs departments or accounting teams. They have become strategic levers, influencing sourcing decisions, pricing models, and executive-level trade...

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Member News

EIB | President Calviño: Bigger, Faster, Simpler

EIB Group President Nadia Calviño speaks at the Annual EU Budget Conference 2025. It’s thrilling to be back home and to see so many friends, so many experts, so many people that are passionate about the European budget and the multiannual financial framework. And I'm not surprised that this conference is year after year gathering so much interest, particularly at this point in time, obviously, because the European budget is the backbone of the European Union. But being ex-director general for...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | The Impact of Trump’s Tariffs on Private Equity Firms, Portfolio Companies

While tariff policy changes present challenges, they also offer opportunities for strategic acquisitions and operational improvements. Changing tariffs are dramatically reshaping mergers and acquisitions (M&A) and private equity (PE) transactions. As companies and investors strategize their growth and exit plans, understanding the interplay between international trade policy and deal dynamics is critical. The uncertainty surrounding tariffs is leading to a more cautious approach in mergers and acquisitions. Deals are taking longer to close, with extended due diligence periods and more stringent conditions....

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Member News

Belvoir Wealth Management | Quarterly Investment Outlook

Despite numerous challenges, the world economy has displayed remarkable resilience, with global growth still projected to reach 2.8% in 2025, similar to 2024. This stable development has been underpinned by slowing inflation, softening commodity prices, and monetary easing in most countries. However, these positive trends face headwinds from ongoing conflicts, geopolitical tensions and trade restrictions. Overall, the global economy is set to grow below the pre-pandemic average of 3.2% in coming years, reflecting ongoing structural challenges such as subdued...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Production ramping up, a return to normal trans-Pacific shipping operations, a 15% rebate on fees through the Suez, optimizing supply chains despite tariff challenges, and diesel prices down again.

With a new 90-day tariff window, companies are ramping up production. While economists are still expecting a slowdown despite the temporary trade agreement, businesses are resuming factory operations and starting to ship goods. With a surge in shipping demand expected, there’s the potential for higher costs and delays. Some companies plan to reverse price increases and start producing again, while others are simply modifying their product lines in order to manage production schedules. And some are stocking up on products...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Do April Tariff Showers Bring May Trade Deal Flowers?

Diminished Duties on China, a Fresh Framework for U.S.-UK Trade Relations, and Other Recent Tariff Updates May 16, 2025 Following the introduction and partial recission of the “Liberation Day” tariffs last month, the latest U.S. government actions have largely—though not universally—continued down the path of an easing tariff burden. Of particular note, the U.S. and Chinese governments recently concluded their first direct trade negotiations since the imposition of reciprocal tariffs, resulting in a mutual agreement to reduce tariff rates for the first time in the...

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