01 Jun
Member News

AICEP Portugal Global | How Artificial Intelligence is shaping the Fashion Industry

Artificial Intelligence (AI) sets new world trends, especially in the ever-evolving fashion industry. Through cutting-edge technology, fashion designers can create, produce and market their products in new innovative ways, as well as contribute to increasing the industry’s efficiency and sustainability. From trend prediction to conscious impact This new and revolutionary technology is impactful in many areas of fashion design; however, it is in trend prediction and analysis that its significance is more noticeable. Through advanced algorithms, vast amounts of data can...

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01 Jun
Chapter News

ECB | Stop carbon leakage at the border

Can EU companies be both green and globally competitive? Tradeable allowances for carbon emissions set important price incentives for companies to become greener. Unfortunately, evidence shows that many companies move carbon intensive production to other regions, meaning their emissions leak abroad. This ECB Blog post investigates how the EU can strike a balance between green goals and competitiveness. One of the EU’s most powerful tools to fight climate change is the Emissions Trading System (ETS). It sets a cap on greenhouse...

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01 Jun
Chapter News, Trade & TTIP Related

U.S.-EU Joint Statement of the Trade and Technology Council

I. Introduction The fourth Ministerial meeting of the Trade and Technology Council (“TTC”) took place in Luleå, Sweden, on 31 May 2023. It was co-chaired by European Commission Executive Vice President Margrethe Vestager, European Commission Executive Vice President Valdis Dombrovskis, United States Secretary of State Antony Blinken, United States Secretary of Commerce Gina Raimondo, and United States Trade Representative Katherine Tai, joined by European Commissioner Thierry Breton, and hosted by the Swedish Presidency of the Council of the European Union. On...

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31 May
Member News

McCann FitzGerald | Irish Limited Liability Companies can now Migrate within the EU

A new law permits limited liability companies that have been incorporated and registered in the EU to convert their legal form to that of a company under the laws of another EU Member State.  It is expected that the same arrangements will soon be extended to the European Economic Area (“EEA”).  The new law also recasts and updates the existing EU cross-border company merger and divisions regimes, including permitting divisions of EEA companies by the formation of new companies. ...

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31 May
Member News

CLA | 10 Ways to Help Protect Your Computer Network from Viruses and Attacks

Malicious elements are constantly trying to harm your computer and your network. Protect yourself and your company by following 10 basic cybersecurity rules. Key insights Your data, identity, and money can be stolen easier than you might think. Strong passwords, anti-virus software, and system scans are some of the ways you can help safeguard your computer. Regularly update and back up your computer system. Ever-evolving cyber threats require an awareness strategy for employees, constant vigilance, and a strong cybersecurity plan. Phishing...

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31 May
Chapter News

Financial stability outlook remains fragile, ECB review finds

Tighter financial conditions test resilience of households, firms, governments and property markets Financial markets are vulnerable to disorderly adjustments, given investment fund vulnerabilities, stretched valuations, high volatility and low liquidity Euro area banks robust to recent stress outside the euro area, but higher funding costs and lower asset quality may weigh on profitability According to the May 2023 Financial Stability Review published today by the European Central Bank (ECB), the outlook for euro area financial stability remains fragile, in the context...

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30 May
Member News

Amesto Global | Digitalization: Resilience in the Age of Expansion

In today's rapidly changing business environment, digitalization has become an essential component for companies scaling in multiple markets. Businesses that are able to harness the power of technology to expand their operations are often better equipped to meet the needs of stakeholders and focus on commercial growth. Digitalization involves the use of digital technology to automate business processes, improve efficiency, and enhance customer engagement. This can include everything from digital marketing and online sales channels to cloud-based services and automated...

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29 May
Member News

Littler | UK Government Provides Details on Non-Compete Three-Month Limit

The UK government has provided further color on its proposed rule to limit non competes to a period of three months post termination. The UK government has published its full response to consultation.  We do not yet have draft legislation, so some questions remain, but we now know: The UK will not follow the Federal Trade Commission’s (FTC) proposed outright ban on non competes nor will it follow the model adopted by many EU states, which provides paid non competes. ...

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26 May
Member News

Fenwick | FTC Sets Policy Priorities for Biometric Information

The FTC recently published a policy statement with its enforcement priorities for the misuse of biometric information. To be clear, there are no new federal laws that specifically regulate the collection or use of biometric information. Instead, the FTC issued its policy statement under its broad enforcement authority of Section 5(a) of the FTC Act, which prohibits unfair or deceptive acts or practices. The policy statement describes several ways in which the collection or use of biometric information may trigger...

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26 May
Member News

Arendt | Enhanced protection for retail investors – anticipated impact on the banking, insurance and asset management industries

The EU Commission is proposing to modernise and simplify the framework for retail investment across the different sectors of the financial services industry, namely asset management, banking and insurance. On 24 May 2023, the EU Commission published the EU Retail Investment Strategy (RIS). With the ultimate goal of enhancing retail investor participation in capital markets, the RIS consists of a legislative framework designed to empower retail investors to take investment decisions aligned with their needs and to provide them with...

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