Member News

22 Apr
Member News, News

Capita Wins Best UCITS Funds Administrator Award

EACCNY member Capita Asset Services has been named 'Best Administrator - UCITS Funds' at the HFM European Services awards, held on 16 April in London. They were also shortlisted for four other awards: Best administrator under $30bn client service, Best administrator under $30bn overall, Most innovative fund administrator under $30bn and Best AIFMD solution. The European Fund and Asset Management Association (EFAMA)'s latest Investment Funds Industry Fact Sheet shows a rise in the sale of UCITS funds in February, with...

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22 Apr
Member News

Enhance Employee Skills and Training Programs with CFA Workforce Development Programs

New York State Department of Labor and other agencies pooled resources available through the CFA to support transformative plans to improve business climate and to stimulate job growth. Through the Workforce Development program commercial business and non-profits alike can receive funding to improve skills and enhance training programs. Existing Employee Training New Hire Training Unemployment Worker Training Soft Skills Development Eligible Organizations... Commercial Businesses Non-Profits Industrial Companies Manufacuturers Management Companies                               ... among others Interested in applying for these grants? Contact NYGC Today  Get the expert knowledge, tailored solutions and compliance-friendly advice...

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22 Apr
Member News, News

GRANITO cheeses Colombia

GRANITO, a member of the EACC New York, is pleased to announce its successful introduction of one of the larger players under the umbrella of the Consorzio Parmigiano Reggiano into the Colombia, Latin America Market. Focusing on B2B commerce transactions in order to maximize distribution, GRANITO, in collaboration with its international partner, is now negotiating the exclusive distribution agreement for Parmigiano cheese in the Colombian market. GRANITO welcomes companies wishing to expand their foreign trade to grow globally with them in...

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21 Apr
Member News, News

TREPP Trading Alert: Met Life Investments Signs On for New NJ Headquarters, Will Leave Single Tenant Office Behind ’03 Deal

For owners of CSFB 2003-C5 bonds, the deal just got a lot more interesting. It was reported today that Metlife Investments will be moving its 850 employees to a new, yet-to-be-constructed office in New Jersey. The firm plans to move 2.5 miles away from its current office to a four-story complex on Whippany Road in Morristown, which will be developed by Vision Real Estate Partners and Rubenstein Partners. MetLife Investments is currently located at 10 Park Avenue in Hanover Township, New Jersey. MetLife is the sole tenant in the 154,766 square-foot building...

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21 Apr
Member News, News

Trade Promotion Authority Legislation Introduced & Haiti Hope Extended

On April 16, the Senate Finance Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.) and House Ways and Means Chairman Paul Ryan (R-Wis.)  introduced bipartisan Trade Promotion Authority (TPA) legislation ((Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (S-995))). To see a copy of the full bill and summary, click here.  A companion House bill is expected shortly.  TPA is the first step necessary to finalize the Trans Pacific Partnership (TPP) (11 countries) and European Union Free Trade...

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09 Apr
Member News, News

NY Grant Company can help you take energy costs out of your business…

The NYS Energy Research and Development Authority has created programs that offer incentives for both new construction and existing facilities that meet specific energy efficiency standards. Additionally, the NY Power Authority is offering lower cost electricity to businesses and Not-for-Profit Corporations that plan to expand operations in the State. PROGRAM DETAILS: New Construction Program (NCP): Provides technical assistance and financial incentives for energy-efficient electric equipment installations in new and substantially renovated commercial and industrial buildings. Up to $16M in funding available. Eligibility: • New...

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09 Apr
Member News

How the Cookie Crumbles – EU Regulators Undertake EU-Wide ‘Cookie Sweep’

The Article 29 Working Party (“WP29”), supported by data protection authorities and other national regulators, recently undertook an EU-wide ‘cookie sweep’. This review concerned nearly 500 websites and spanned 8 Member States. It was aimed at investigating the use of cookies, the level of information provided and the control mechanisms in place.  This ‘sweep’ found a spectrum of compliance, resulting in some interesting statistics.  While Ireland was not on the list, the review serves as a reminder of the focus...

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09 Apr
Member News

DS Concept Announces Over $150 Million in Global Deals This March.

EACC Member DS Concept Announces Over $150 Million in Global Deals This March. Deals in Europe include: $20,000,000 for Spanish Food Distributor A Spanish food distributor has signed a factoring agreement with DS-Concept to support their growing exports to the EU. With the increased working capital, the company expects $20 million in factored volume for 2015. € 2,000,000 for Bulgarian Textiles Supplier A Bulgarian textiles supplier exporting to Germany has signed a factoring agreement with DS-Concept with an expected annual factoring volume of € 2 million. € 1,000,000...

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07 Apr
Member News, News

Spring – A Time For Change in UK Employment and Data Protection Law

By Pia Padfield, Associate in the London Office of Ogletree Deakins Spring is always a time for new beginnings; the end of the financial year and the start of a new one, election time and the clocks moving forward for daylight savings time. In the UK, Spring also heralds new changes in Employment and Data Protection law. Below are some of the key changes to UK employment law to be aware of. Shared Parental Leave New rights came into force on 1...

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02 Apr
Member News

Data Retention in Europe – Lessons Learned?

Following the decision of Europe’s top court, the Court of Justice of the European Union (“CJEU”) to strike down the Data Protection Directive (the “Directive”) in 2014, national governments have been in flux as to the status of legislation they introduced to transpose the Directive. An Opinion from the European Parliament’s Legal Services, which has been obtained and published online by various privacy advocacy groups, sets out specific guidance that the EU must follow if it intends to legislate again...

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