Member News

Member News

IPTI: A property tax update for various European Countries countries

The International Property Tax Institute offers a quick look around the world to see what is happening in respect of property tax in various countries. Here is an extract from IPTI's president, Paul Sanderson: "Time now for my usual quick look around the world to see what is happening in respect of property tax in various countries. As I am currently in Ireland, perhaps that is a good place to start. The Irish government is to freeze the amount homeowners...

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Member News

Call for Papers: “Faculty-Driven Internationalization” – IIENetworker Spring 2016 Issue

IIE is currently accepting article submissions for the Spring 2016 issue of IIENetworker magazine on "Faculty-Driven Internationalization." The purpose of this issue of IIE’s biannual magazine is to examine innovative ways faculty can drive internationalization efforts on campus, including leading short-term student international experiences; initiating international research collaborations and publications; creating internationally-focused curricula; participating in programs abroad such as faculty exchanges, training programs, etc.; employing new technology (virtual, social media); and incorporating their own international experiences into their teaching. This issue...

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Member News

GRANITO and Best Practices in Insurance and Annuity Compliance

GRANITO continues to provide the insurance industry with core compliance services. GRANITO’s compliance programs are offered as a model of best practices and include a detailed risk assessment and analysis of sales practices, compensation and marketing programs at the retail level. Post risk assessment detailed but practical and non-theoretical compliance procedures are structured to better ensure consistency with not only existing but proposed rule and regulation changes in connection with the sale of Annuities by either securities and/or insurance only licensed...

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Member News, New York Related News

New York State Department of Labor Publishes Revised Proposed Regulations Governing Use of Payroll Debit Cards

On October 28, 2015, the New York State Department of Labor (NYSDOL) published revised proposed regulations modifying its draft regulations (which were initially published on May 27, 2015) governing permissible methods of wage payment, including the use of payroll debit cards (also referred to as paycards). While the focus of the revised proposed regulations is on an employer’s use of payroll debit cards, they also codify guidance provided by the NYSDOL in the agency’s opinion letter pertaining to paychecks. The revised proposed...

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Member News

IIE Seeking Partner Organizations for Third Round of EducationUSA Leadership Institutes

The Institute of International Education, on behalf of the U.S. Department of State’s Bureau of Educational and Cultural Affairs’ EducationUSA Advising Network, invites accredited U.S. post-secondary educational institutions (non-profit and for-profit), U.S. higher education associations, university systems, consortia, and qualified entities that meet provisions in IRS section 26 USC 501(c)(3) to submit proposals to be a Partner Organization for the third round of EducationUSA Leadership Institutes. Partner Organizations will develop and manage one of three EducationUSA Leadership Institutes for...

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Member News, New York Related News

New York City Issues Fair Chance Act Notice Form for Criminal Background Checks

As we previously reported in July and June, New York City recently passed the Fair Chance Act (FCA), which becomes effective onTuesday, October 27, 2015, and is applicable to criminal background checks. Among other requirements, the FCA prohibits employers from inquiring about or making statements concerning criminal history, prior to a conditional offer of employment, including the following: asking an applicant* questions about his or her criminal record; searching public records on an applicant’s* criminal record; having an applicant* complete background check disclosure and authorization forms;...

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Member News

Valuation of Social Media Data: What’s a Like/Follower/Retweet Worth?

Social media is omnipresent in today’s society. Everywhere you look, Facebook, Twitter, Instagram, YouTube, and many other services offer the ability to share photos, links, videos, tweets, and posts. The proliferation and growth of these communication mediums have allowed everyone, from individuals to multinational companies, to use them as a way to spread their message. Of particular interest in the business world is how to use these social media tools to gain market share and to attract and engage consumers....

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Trading Alert: First StuyTown, Now Bush Terminal

Time to trade GCCFC 2007-GG11 and CGCMT 2008-C7 exceedingly carefully. According to an article from The Real Deal just moments ago, the 16-building, six-million square-foot property known as Bush Terminal has been refinanced by the Bank of China and SL Green. The existing loan, which is split between the two aforementioned deals, was modified and bifurcated in 2012. The original $300 million note was split into a $190 million A note and a $100 million Hope note. The loan has 23 months to run and can prepay freely now. By...

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CPSC Clarified requirements for testing of dyed textile and components testing

In a Federal Register notice dated October 14, 2015, the Consumer Product Safety Commission (“CPSC”) published a final rule amending the regulations to clarify lead content testing requirements for dyed textiles in children’s products as well as the use of component part testing.  The CPSC found that some companies were misinterpreting these requirements resulting in unnecessary third-party testing burdens and costs. The final rule contains the following amendments: Children’s textile products subject to testing:  The rule clarifies that dyed textiles are not...

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DS-Concept Provides $1 Million Export Factoring Facility to German Components Manufacturer

DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million export accounts receivable facility to a components manufacturer in Germany. The client, a manufacturer of machinery components for power plants and energy suppliers, anticipates an annual factored volume of $10MM-$12MM. With this new export factoring facility in place, the client will continue to focus on their growing exports within the European Union. The DS-Concept Group maintains a network of offices and affiliates all over the world, including USA,...

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