Member News, New York Related News, News

Littler | New York City Releases Final Rule Interpreting Amendments to the NYC Earned Safe and Sick Time Act

On June 23, 2026, the New York City Department of Consumer and Worker Protection (DCWP) quietly adopted its final rule regulating the amended NYC Earned Safe and Sick Time Act, or “ESSTA” (also called in NYC written guidance the “New York City Protected Time Off Law”). The final rule largely leaves intact the regulatory scheme set forth in the proposed rule issued on January 22, 2026, but clarifies certain issues raised by commenters and adds additional requirements. The final rule takes...

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Chapter News, News

IMF | Financial Market Reforms Could Lift Europe’s Growth

IMF Blog post | Integrating and deepening banking and venture capital markets would boost output by at least 3 percent, and make business dynamism reforms more powerful French startup Mistral AI’s recent financing round was led by ASML, a Dutch maker of semiconductor manufacturing equipment. Such cross-border investments—even when small relative to US deals—are not the norm in Europe. Far more often, good projects fail to scale. Among the reasons: Europe’s considerable savings are compartmentalized within national borders, and hard...

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Chapter News, News

European Commission | Review Finds Foreign Subsidies Regulation Fit for Purpose, Commission Considers Targeted Changes

The European Commission's first review of the Foreign Subsidies Regulation (FSR) has found that the regulation is fit for purpose to address distortions in the internal market caused by foreign subsidies. Its objective of maintaining a level playing field in the internal market is widely acknowledged and remains relevant. The review of the first three years of FSR enforcement shows the instrument is working well in practice. The procedures for reviewing concentrations and foreign financial contributions in public procurement procedures...

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Chapter News, News

IMF | Trade Cooperation in an Age of Geopolitics

IMF F&D MAGAZINE article | Geopolitical rivalry does not end the need for trade cooperation, but the multilateral system must adapt For decades, the global economy rested on the premise that international trade was beneficial despite geopolitical differences. The rules of the multilateral trading system, established with the General Agreement on Tariffs and Trade (GATT) in 1947 and embedded in the World Trade Organization (WTO) in 1995, were crafted for a world where governments rarely used trade to achieve geopolitical...

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Member News, News

ING | Easing US Price Pressure Dampen Imminent Fed Hike Talk

US June consumer price inflation data undershot expectations with the breadth of the softening the particularly encouraging aspect. Fed rate hike pricing has receded, but we still think it is too high. We forecast a prolonged pause from the Federal Reserve US inflation lower than anyone expected Today's consumer price inflation report for June was considerably softer than expected. US headline prices fell -0.4% month-on-month versus consensus expectations of a -0.1% outcome, while core inflation (ex-food and energy) was flat on...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar: Groups pushing to preserve the USMCA, details from a key logistics survey, revoked authorization for Iranian oil sales, new limits placed on the Panama Canal, and calls for better EU funding for decarbonization

Retail, manufacturing, and apparel trade groups are pushing for the preservation of the USMCA trade agreement. They’re highlighting the huge role it plays in North American supply chains, job creation, and economic stability. They’re clear that they still back the annual review process, but they’re also warning that maintaining duty-free trade and the framework of the pact is essential if the three countries want to prevent disruptions, protect investment, and ensure long-term growth for regional industries. The Logistics Managers Index...

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Member News, News

Practus LLP | Beyond the Pitch: Behind-the-Scenes Legal News of the World Cup

The 2026 FIFA World Cup is already in the elimination stages in North America, with matches taking over stadiums across the US, Canada, and Mexico. Throughout the month, millions of fans are glued to their screens, completely caught up in the drama of who will claim the ultimate title in global football (ahem, soccer for those of US fans). Most are enjoying for entertainment and love of country, but this article takes a look at that lesser-known side of the World Cup: the legalities of it all.   While the world...

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Chapter News, News, Trade & TTIP Related

USTR | Public Hearings on Proposed Responsive Action in the Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

WASHINGTON – The Office of the United States Trade Representative (USTR) will hold public hearings starting on Tuesday, July 7 and continuing through Thursday, July 9, regarding proposed responsive action in the Section 301 investigations of the acts, policies, and practices, of 60 economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor. The hearings will be held at the U.S. International Trade Commission (500 E Street SW, Washington, DC)...

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Chapter News, News

EU Commission | New EU Plan to Address the Risks and Opportunities of Advanced AI for Cybersecurity

The European Commission has presented a plan to address the risks and harness the opportunities of advanced artificial intelligence (AI) in cybersecurity. While the AI can improve security, it can also be misused to identify vulnerabilities, automate attacks, and significantly increase the scale and speed of cyber incidents. The new plan will bring together EU countries, industry, and EU-level organisations to strengthen the cybersecurity of our digital landscape against the vulnerabilities posed by advanced AI. Key actions Evaluating AI models: The AI Act requires advanced AI models...

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Member News, News, Uncategorized

ACG Resources x CILC | AI in Hiring: A Powerful Tool – A Comparison Between EU and U.S. Regulatory Approaches

AI in recruitment has already moved past the “emerging trend” phase. It is embedded in how we source, screen, rank, and engage talent. The conversation now is less about adoption and more about control: who governs it, how it is audited, and what risks businesses are actually taking on. Setting the Stage In the U.S., AI adoption in hiring has been fast, decentralized, and largely market-driven. Vendors are rolling out tools that promise efficiency—resume parsing, candidate matching, behavioral assessments—while...

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