By the Government of Canada In the face of global economic challenges, the Government of Canada is continuing to make investments in projects to help innovative companies grow, including start-ups, to create well-paying middle-class jobs and to ensure Canada punches above its weight in a competitive global market. Recently, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced an investment of $25 million in the Creative Destruction Lab (CDL), a non-profit organization based at the University of Toronto that merges science-based projects...

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Kristan Gross, Global Executive Director | Vision Impact Institute As we move into February, many of us may be wondering what happened to January. It seems that the month flew by. While it might be a struggle to keep those resolutions that we made a few short weeks ago, there is no shortage of inspiration for us to continue giving vision a voice.Recently, I found inspiration in the students at Makerere University in Uganda who are using their education to make a...

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Catena Technologies today announced a strategic alliance with USAM Group, a member of the EACCNY, that expands availability of Catena’s flagship derivatives compliance solution to financial institutions in North America and Europe. Under the agreement, USAM will provide marketing and sales strategy and execution for the TRACE Reporting solution, which automates reporting of derivatives trades to global regulators. "Regulatory and trade repository changes coming up in 2019 will require major changes to trade reporting systems, creating a compelling opportunity for...

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By Ákos Bajorfi | Noerr On 1 January 2019, new legislation entered into force which set out significant restrictions on foreign investors intending to make direct or indirect investments in certain strategic sectors in Hungary (Act LVII of 2018 on the Supervision of Foreign Investments Violating the Security Interests of Hungary (‘SFI’)). This will have an impact on a considerable number of transactions in Hungary in the future. The SFI applies to ‘foreign investors’, which are defined as natural persons and...

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By Michael Molenaars, Jeroen Smits, Maarten de Bruin, Reinout de Boer, Emile Bongers, Joost Eyck On 4 February 2019, the Dutch State Secretary of Finance sent a letter to the Dutch Parliament announcing transitional rules for Dutch taxes (other than customs legislation) if there will not be a Brexit withdrawal agreement (i.e. a no deal Brexit). The letter includes an outline of the transitional rules. Further - more detailed - guidance is being prepared and is to be issued at a later stage. According to the letter, the...

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Treasury and finance professionals anticipate more operational challenges in 2019 than in previous years, according to a recent survey conducted by TD Bank, America's Most Convenient Bank®, at the 2018 Association for Financial Professionals Annual Conference in Chicago, Illinois. The risk of payments fraud/cybersecurity topped professionals' list of concerns, with 44 percent naming it their top operational challenge, a 14 percent year-over-year increase. The ability to adapt to or process faster/electronic payments is an obstacle for 37 percent of survey respondents, also...

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