28 Sep
Chapter News, News

IMF | AI and the Future of Payments Policy – Remarks by Dan Katz, First Deputy Managing Director at Sibos 2026 Conference

Thank you, Graeme, and thank you SWIFT for the kind invitation. The theme of this year's conference is digital finance for AI-driven economies.  This is an important topic for the IMF because an efficient and secure payments system is critical to economic growth and stability. Clearly, as the theme suggests, the financial system, and payments in particular, will need to evolve. If AI is used as widely as proponents expect, a great deal of economic activity will be undertaken by AI...

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28 Sep
Chapter News, News

European Commission | EU Trade Agreements Continue to Benefit European Businesses

The EU's growing network of trade agreements helps European businesses to access new export markets and creates a more predictable trade and investment environment, according to a report published today. The sixth Annual Report on the Implementation and Enforcement of EU Trade and Economic Security Policy, covering the year 2025, concludes that EU trade agreements play a crucial role in increasing the resilience and competitiveness of EU operators. Preferential trade works At the end of 2025, the EU had in...

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22 Sep
Member News

Ogletree Deakins | US Executive Order Calls for Interagency Review of Employer Layoffs in H-1B Filing Process

On September 18, 2026, President Trump issued an executive order directing the U.S. Departments of Labor (DOL), Homeland Security (DHS), and State to coordinate more closely on H-1B program administration and take into consideration employers’ recent or planned layoffs. The executive order calls for layoff-related information to be considered across H-1B filings, potentially increasing scrutiny of employers whose workforce reductions overlap with sponsored positions. Quick Hits The executive order directs the secretaries of state, labor, and homeland security to consider whether...

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22 Sep
Member News, Trade & TTIP Related

Jaguar Freight | Breaking up is Harder than you think

Production returning to China, an all time high for US diesel, a strong peak shipping season, strained US inland networks, and improving safety on inbound cargo shipments. The impacts of the trade war continue to evolve. Some companies who moved their production out of China to avoid US tariffs are returning because they’ve been struggling to replicate China’s manufacturing strengths elsewhere. Several are citing China’s skilled labor, broad supplier networks, reliable power, and cost advantages as their reason for switching...

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16 Sep
Chapter News, Trade & TTIP Related

EU Commission | State of the Union 2026

The State of the Union (SOTEU) address is an annual speech by the President of the European Commission to the European Parliament, setting the priorities for the Union for the year ahead. President Metsola, Prime Minister Carney, Honourable Members, ‘It was the best of times, it was the worst of times.' This is how Charles Dickens describes Europe in the days of the French Revolution. And it is also a fair description of the world we live in. The speed of change is incredible....

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15 Sep
Member News, News

IPTI | Property Tax in the News – September 2026

IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, some summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found in...

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15 Sep
Chapter News, News

OECD | G20 GDP Growth Slows Slightly to 0.7% in the Second Quarter of 2026

GDP (Gross Domestic Product) in the G20 area grew by 0.7% in the second quarter of 2026, slightly down from 0.8% in the previous quarter, according to provisional estimates (Figure 1). This reflected a mixed picture across G20 countries for which data were available, with most recording a slowdown. Among G20 economies with available data, the contraction in Saudi Arabia deepened, with GDP falling by 4.8% in Q2 2026, following a 1.4% decline in Q1. This mainly reflected a sharp...

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15 Sep
Member News, News

Curl Translations | The Cost of Getting It Wrong: Language, Translation, and International Business

Translation is often treated as an enabling function of international business: necessary, sometimes complex, but ultimately subordinate to the legal, financial, and commercial decisions it supports. This view underestimates the extent to which language itself can shape those decisions. A translation may sit inside a merger agreement worth billions of dollars, determine whether an insurance claim is covered, affect the interpretation of a regulatory filing, or become the focus of a marketing controversy. A single word can alter a...

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14 Sep
Member News, News

Littler | Update on the EU Forced Labour Regulation: What the European Commission’s New Guidelines Mean for Companies

In our blog post “Updates on Supply Chain Due Diligence: The EU Forced Labour Regulation", we outlined the key elements of Regulation (EU) 2024/3015. The European Commission has now published, on June 26, 2026, its long-awaited guidelines on the application of the EU Forced Labour Regulation. The guidelines are intended to support companies in practical implementation and, for the first time, provide concrete guidance on the measures that will be expected in practice. Although the guidelines are not legally binding,...

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14 Sep
Member News, News

PwC | OECD Inclusive Framework Pillar Two Package Addresses Consistency of Rule Application and Reporting

What happened?  The OECD/G20 Inclusive Framework (IF) on 11 September 2026 released a package of Pillar Two materials, including a revised GloBE Information Return (GIR), a framework for the full legislative review of jurisdictions’ Pillar Two rules, and Administrative Guidance on certain conditional taxes and issues with respect to Qualified Domestic Minimum Top-up Taxes (QDMTT) fiscal-period mismatches. The revised GIR implements reporting changes arising from the January 2026 Side-by-Side (SbS) Package. For qualifying US-parented groups applying the SbS safe harbour, certain...

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