Operating in CEE? Here’s a summary of the key tax changes coming into effect in Poland, Hungary, Croatia and Ukraine in the new year. Now is the time for your accounting, tax and payroll departments to prepare for these 2019 changes to operating in CEE. If you need more detailed information, or help implementing any of the following developments in your business, don’t hesitate to get in touch with our local experts. Poland Submission of financial statements 1 October 2018 saw changes to government regulations...

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By Kristan Gross | Global Executive Director | Vision Impact Institute   From the Director's Desk   Earlier this year in a guest blog, Professor Kovin Naidoo said, “It is very rare for a major public health issue to affect half of the world’s population. In order to reverse this trend we need to mobilize all players and consolidate efforts to achieve our goals.” Professor Naidoo was referring to the myopia epidemic that will impact so many of us in the future. Whether it’s myopia...

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By Floris ten Have | Stibbe On 28 November 2018, the Organization for Economic Cooperation and Development (OECD) held a discussion on excessive pricing by pharmaceutical companies, which is a hot topic in enforcement practice throughout Europe. Over the last few years, excessive pricing in the pharmaceutical industry has attracted the attention of the European Commission and national regulators. So far, it has led to the adoption of infringement decisions in Italy, UK and Denmark and more enforcement action seems on its way. In...

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Bennett Jones is pleased to announce that Gordon Cameron has joined Bennett Jones (US) LLP as Principal in New York City. He brings more than 15 years of experience working in New York in the areas of corporate finance, private equity and cross-border transactions where he has developed deep ties to New York’s business and legal communities.   “We grow where our clients need us and have been expanding our presence in key U.S. markets and areas of business, practising exclusively...

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 Ed Wallace, co-chair of the New York City office of global law firm Greenberg Traurig, LLP was named number 12 on City & State’s 2018 “Manhattan Power 50” list. Wallace is the highest-ranked practicing attorney on the list. He was honored at an event on Nov. 29 at The Mezzanine where he also delivered the introductory remarks for Gale Brewer, Manhattan Borough President.The Manhattan Power 50 is City & State’s list of key players in the world of New York City government. The Power...

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Following the agreement between President Trump and China’s President Xi Jinping to delay new tariff increases for 90 days, The Toy Association continues to strongly encourage members to join the fight against tariffs as there is still work to be done. The White House announced over the weekend that on January 1 it would not increase tariffs on the $200 billion worth of Chinese imports currently subjected to 10 percent tariffs. Instead, the Administration will delay the increase to 25 percent for 90...

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Tradewind has provided an $8 million non-recourse factoring facility to a USA-based power solutions company that supplies, installs, and maintains its line of products for the telecom industry nationwide. Tradewind’s funding will support the exponential growth of the power provider by expediting its cash flow so it can keep up with demand and vendor payment. The power solutions company recently entered into a new contract with one of its telecom partners that expanded the territory it serviced for them from...

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By Andrew C. Collins| Bannockburn Global Forex, LLC  December 2018 FX OutlookUSD In recent weeks, the market has grown more skeptical of the extent the Federal Reserve will raise rates next year.  It never fully accepted the Fed’s forecasts that implied three rate hikes would be appropriate in 2019.  The fed funds futures strip suggests the market is confident of only one rate hike next year. A rate hike at the December 19 FOMC meeting is widely expected.  To maintain its control...

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