Member News

Member News

European Parliament approves framework for screening of foreign direct investments into the EU

On 14 February 2019 the European Parliament approved an European wide framework for the screening of foreign direct investments into the EU (the Regulation). The Regulation will enter into force 18 months after it has been adopted by the European Council and officially published, which is expected to occur on 5 March 2019. In the interim period, EU Member States must implement the relevant procedures to effectuate the mechanisms under the Regulation. The Regulation will enable cooperation between EU Member States...

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Member News

Pérez-Llorca names seven new partners

Pérez-Llorca has announced today the appointment of seven new partners at its offices in Madrid and Barcelona, increasing the total number of partners to 47. Francisco Iso joins the firm as a partner of the Corporate team Jordi Farrés, Javier Muñoz, Juan Palomino, Laura Pérez, Álvaro Ramírez de Haro and Elena Veleiro are made partners by internal promotion Francisco Iso, who until now was a partner in the Corporate practice and in charge of legal transactions in EMEA at a...

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Brexit News, Member News

Brexit Update: Ongoing Uncertainty

By Mark Callahan | Littler In late 2018, Prime Minister Theresa May, head of the United Kingdom’s executive branch, and the European Union agreed to a draft form of the agreement that sets out the terms of the UK’s withdrawal from the EU (colloquially known as the ”Withdrawal Agreement”). However, in recent months Parliament has voted against Mrs. May’s deal, whilst the EU has made it clear that it does not wish to renegotiate its terms. As such, the future of...

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Member News

What to Look for When Recruiting Staff

By Len Adams When recruiting staff, most people will say that they look for a specific skill or experience in a particular industry. That is the easy part; recruiters that do not understand the job will often rely heavily on those specific skills in their selection criteria because they do not know what they should be looking for. What should they be looking at? There should be a focus on a match between the human characteristics of the job and the...

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Brexit News, Member News

Luxembourg Brexit Bill for the Financial Sector

By Ezechiel Havrenne |Jad Nader | Miryam Lassalle | Josée Weydert | Greet Wilkenhuysen On 31 January 2019, the Luxembourg finance minister introduced a bill (n° 7401) on measures to be taken in relation to the financial sector in the event the United Kingdom (the "UK") leaves the European Union (the "EU") without reaching an agreement on the final terms of its withdrawal (the "Bill"). The Bill is currently pending before the Finance and Budget Committee of the Luxembourg Parliament. In the event...

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Member News

Member Profile Series:  Eric Moore Director, Global Clearing, Broker-Dealer Services @ BNY Mellon

By Eric Moore Director, Global Clearing, Broker-Dealer Services@ BNY Mellon  Where are you from, what was it like growing up there and what brought you to NYC? I was born and raised in Dublin, Ireland. Education, sports and exposure to other cultures through our European vacations were a main focus for our family while growing up. After my formative years of education in Ireland, I completed my university studies in the U.S when I was awarded both academic and athletic scholarships to...

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Member News

Update on Property Tax Issues: February 2019

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes 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).   USA Lessons From Amazon's Decision To Cancel New York City Headquarters giving tax breaks to specific companies is a bad idea. local politics and policy can also...

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Member News

Privacy Wars Intensifying in 2019 What to expect and how to prepare

By Gretchen Ruck | Director | AlixPartners While 2018 will be remembered as the year when privacy and personal data became “weaponized,” 2019 could go down as the year in which the battle is fully joined and companies across industries and geographies are pulled into the fray. All companies, not just those in the tech industry or those that have suffered a customer data breach, will be forced to confront their privacy shortfalls. PRIVACY REGULATIONS ARE GAINING HEAVY DUTY AMMUNITION New laws and...

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Member News, News

Trump adds fuel to potential trade tariffs

Once again Donald Trump has added to concerns for a potential trade war should no deal be reached between the European Union and the United States for tariffs on imports and exports. He is currently reviewing a report from the US Department of Commerce that analyses whether imported vehicles and auto parts pose a threat to US national security. Should this be the case Trump has 90 days to decide whether to impose tariffs which could be as high as 25%....

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Brexit News, Member News, News

Tensions heighten in Westminster as MPs break away from main parties

With less than a week to go until the House of Commons is set to vote again on amendments relating to the proposed Brexit deal, 11 MPs decided to split from their parties. In an announcement on Monday morning seven Labour MPs Luciana Berger, Chris Leslie, Angela Smith, Gavin Shuker, Mike Gapes, Ann Coffey and Chuka Umunna decided to leave their party over the leadership’s alleged failure on having a coherent Brexit policy and in addressing antisemitism within the party. A...

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