On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited final rule on “Personal Financial Data Rights” (the Final Rule). The Final Rule implements Section 1033 of the Dodd-Frank Act, which provides consumers the right to access and port their financial information between banks and other financial entities. For an analysis of the proposed rule, please see our analysis here. The Final Rule aims to spur greater choice and increase competition by requiring “data providers” to make consumer’s financial data accessible to...

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“Safer Together”: the Niinistö report on EU preparedness and security The European Union faces an increasingly complex landscape of security challenges—from hybrid warfare tactics and climate crises to military threats along its borders. In response to these emerging concerns, former Finnish President Sauli Niinistö -who led his country’s bid to become a NATO member- unveiled on Wednesday (30 October) a comprehensive 164-page report on the European Union’s civilian and military preparedness. The report, titled Safer Together: Strengthening Europe’s Civilian and Military...

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Jacksonville, FL – Curl Translations, a boutique language services company offering translation and language-related services in over 60 language combinations, is proud to announce that it has officially been certified as a Women-Owned Business by the Women’s Business Enterprise Council (WBEC). It has also received its Women-Owned Small Business (WOSB) certification from the Federal Contract Program of the United States. This certification underscores Curl Translations’ commitment to supporting the network of women-owned businesses in today’s global marketplace. For over 12...

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The Committee on Foreign Investment in the United States (CFIUS), the interagency U.S. government body responsible for most national security reviews of inbound foreign investments, is required by law to provide an annual report to Congress on its activities from the previous year. Last week, CFIUS released its annual report to Congress covering activities from calendar year 2023. Here are the main things we learned, including our unique analysis of the statistics reported by CFIUS.   Fewer filings, but more are...

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Overview:  The US 10-year yield is off around a dozen basis points off yesterday's high and European growth in Q3 was better than expected. This appears to have encouraged some dollar liquidation today. The greenback is softer against the G10 currencies, but the Canadian dollar and sterling. The much-awaited UK Autumn budget will be announced shortly. Sterling is consolidating around $1.30. Most emerging market currencies also are enjoying a firmer tone today.  Asia Pacific and European equities are trading heavier....

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Back to basics on program management, the latest AlixPartners point of view on program management, was published in October 2023. Since then, the geopolitical landscape has shifted significantly. Conflict permeates the Middle East, the war in Ukraine has intensified, and the risk of conflict in Asia Pacific remains elevated. In this environment, warfighters increasingly rely on the defense industrial base.  Getting the right weapon system to the right place at the right time is critical. The importance of defense program...

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Blog post by Diane Roskies | Welcome to "Lost in Translation: Blunders in International Estate Planning." This blog series explores the intricacies of international estate planning, uncovering potential pitfalls and providing insights to navigate complexities.   Blunder No. 6: Leaving the United States? Consider Your Kids’ Plans When U.S. citizens or foreign nationals living or working in the U.S. decide to return to their home country or relocate abroad, their children may have different plans. High school or college-age children might prefer...

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Michael McGrath, Commissioner-designate for Democracy, Justice, and the Rule of Law Michael McGrath, Ireland’s commissioner pick, has been appointed Commissioner-designate for Democracy, Justice and the Rule of Law. McGrath is a member of the Irish Fianna Fáil party, belonging to the Renew Europe group in the European Parliament, and a former Minister for Finance. McGrath, born in Cork in 1976, studied commerce at University College Cork and later qualified as a chartered accountant with KPMG. He has been a member of the Oireachtas...

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