EY just released  the 2018 European Attractiveness Report - the 17th edition as part of the EY Attractiveness Program.   This latest report explores foreign direct investment (FDI) in Europe and reveals an inflexion in the pace and shape of growth. The evaluation of FDI in Europe is based on an IBM analysis, as well as a survey of 500 international decision makers.   This report is published at a critical time for the future of Europe, and provides important assessments and insights...

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By William R. Rhodes | 05/31/2018 Thank you Paul for your introduction.  Your outstanding career in Public Service, both at the US Treasury and as chairman of the Federal Reserve System is an example for many young people who are planning their future careers.  I would also like to thank the Foreign Policy Association for awarding me their Foreign Policy Association medal in their centennial year.  As a longtime member of the FPA, and a board member, it is a special...

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  By  Urs S. Weber | Executive Director, Wealth Management Advisor |VONTOBEL  Investment Review: At the beginning of May, we decided to reduce the equity weighting in all discretionary mandates to slightly underweight. This move has been based on geopolitical events and increasing trade tensions. Economy: While investors from time to time might be frightened by the outlook of higher rates, a spiraling out of yields is not, in our view, in the cards for the time being. Equities: Our constructive stance on the global economy...

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By William Carmody | +353 1 614 5097 | wcarmodymhc.ie |MASON HAYES & CURRAN Derivatives are contracts whose financial value is derived by reference to an underlying asset, rate, index or instrument. They are a valuable tool used in financial transactions to hedge against risks such as foreign exchange risks where a change in currency could adversely affect the transaction, among others. The International Swaps and Derivatives Association (ISDA) is an influential trade association for participants in the over-the-counter or "OTC" derivatives market....

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Regulatory complexity is having a significant impact on widespread blockchain adoption, according to an EY poll of senior professionals who attended the EY Global Blockchain Summit in New York. Sixty one percent see regulatory complexity as the biggest barrier to widespread adoption, followed by integration with legacy technology (51%) and a lack of general understanding of blockchain’s capabilities (49%). Despite regulatory complexity, respondents cite changes to regulation as the primary driver for the integration of blockchain technology into the broader...

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By Totis Kotsonis , Partner | Eversheds Sutherland On 1 June the UK applied officially to join the WTO’s Agreement on Government Procurement (GPA). This voluntary plurilateral agreement, within the WTO framework, commits signatory parties to open their public procurement markets to each other’s suppliers on a “no less favourable than domestic suppliers” basis and to comply with a set of rules that promote fairness and transparency in public procurement. GPA parties include, the EU, the United States, Canada, Japan and South Korea....

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KEY EVENTS THIS WEEK: BREXIT British government propose time-limited ‘Irish backstop’ customs proposal Downing Street yesterday published its proposal for a temporary customs arrangement between the UK and the EU which it hopes will resolve the long-standing issue of avoiding the re-emergence of a hard border between Northern Ireland and the Republic. The text of the proposal will now be presented to the remaining EU27 later on this month to the European Council Summit.  Significantly, the proposal makes clear that the temporary...

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By TMF Group The United Kingdom is a multilingual, multi-ethnic society, with notable cultural differences between its capital London and the regions. An understanding of the variations in approach is important to UK business success. The UK covers an area of 243,610 km2 (94,060 mi2) and has a population of 65.64m (2016). It is made up of four separate countries: England, Scotland, Wales (making Great Britain) and Northern Ireland. Great Britain is sometimes called just ‘Britain’ for short, although technically Britain refers...

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By Kari Honkaniemi | BOS Container USA, LLC   For three years in a row BOS Container USA has won Inside Self-Storage's award for Best of Business in the category of Most Innovative Product. We are running to make it for the fourth time in a row and hope to count on your votes. We are again nominated for Best of Business in two following categories: Best Portable-Storage Unit Most Innovative Product You can cast your votes here. Thank you for your support! -------------- Best regards, Kari Kari Honkaniemi &...

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By Justin T. Tarka (London) | Ogletree Deakins With the General Data Protection Regulation (GDPR), the European Union’s new privacy law having come into effect on 25 May 2018, thousands of companies have been flooding inboxes in recent weeks with emails asking for consent from recipients, seemingly to comply with the GDPR. While it is probably reassuring to hear from those that hold particularly sensitive information—banks, for example—perhaps less welcome are emails from companies with whom email recipients may have had merely occasional contact,...

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