Chapter News, News

IMF | How Central Banks Can Contain Financial Stability Risks as AI Accelerates Change

IMF Blog post | Stronger oversight, better data, and deeper coordination are needed to safeguard faster and more interconnected markets Artificial intelligence is reshaping how financial firms price risk, allocate credit, and respond to stress. It is increasingly embedded in the decision‑making architecture of the financial system. For central banks and financial supervisors, the key challenge is ensuring that AI is governed in ways that reinforce, rather than undermine, financial stability. Three priorities stand out: Strengthen oversight and governance of AI‑driven...

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Member News, News

Arendt | EBA Publishes ESG-focused Updates to Product Governance and Pillar 3 Disclosure Frameworks

On 30 June 2026, the European Banking Authority (EBA) published revised Guidelines on product oversight and governance (POG) for retail banking products. The revised Guidelines strengthen the existing POG framework by explicitly incorporating ESG and greenwashing considerations. Embedding ESG features into the POG framework The amended Guidelines clarify that product oversight and governance arrangements for retail banking products for both manufacturers and distributors should also apply to products with ESG features. Manufacturers and distributors are expected to take ESG features of a product into...

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Member News

Littler | The Global Guide on Employment Law Quarterly (Quarter 2, 2026)

The Global Guide Quarterly (GGQ) is a newsletter published by Littler on a quarterly basis to provide high-level and concise coverage of global labor and employment (L&E) law developments in key countries across the Americas, the Asia-Pacific (APAC) region, and Europe, the Middle East, and Africa (EMEA). The GGQ aims to help multinational enterprises stay informed about important changes in the L&E law framework by covering enacted legislation, significant judiciary or regulatory decisions, legislative initiatives, and trends impacting employers. The...

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Member News

Bernastic Achieves Major Manufacturing Milestone with First 2,500-Pound Production Run of Next-Gen Sustainable Material

Bernastic, the advanced materials company transforming textile waste into high-performance manufacturing materials, today announced the successful production of its first 2,500-pound run of Bernastic, marking a significant milestone in the company’s journey from research and development to scalable manufacturing. The production run represents years of materials research, formulation refinement, engineering, and testing aimed at solving one of the world’s largest environmental challenges: finding meaningful, scalable applications for textile waste. “What started as a simple question, What else could this be?, has...

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Member News

Campana Schott | Resilience: A conversation with an old friend

Uncertainty is a global public cost — the mirror image of a "global public good." It touches every organization, whether we invite it in or not, and an entire industry of metrics and reports exists just to measure it. The good news: uncertainty doesn't have to mean your business or productivity suffer. As Condoleezza Rice once recalled her parents telling her, you may not control your circumstances, but you can control your reaction to them. That distinction — between the...

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Member News, Trade & TTIP Related

Troutman | Three Strikes: New 50% Tariffs to Hit Certain Canadian Goods — and USMCA Won’t Save You

Key Points On July 20, 2026, President Trump invoked Section 338 of the Tariff Act of 1930 to impose 50% ad valorem tariffs on three categories of Canadian-origin goods — alcohol, dairy, and a broad range of non-automotive products — effective August 19, 2026. Unlike Section 122 of the Trade Act of 1974, Section 338 carries no fixed expiration date, leaving these tariffs in effect indefinitely unless the president acts to modify or terminate them. Products otherwise eligible for...

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Chapter News, News

European Commission Publishes Guidelines on Transparency Obligations for Providers and Deployers of Certain AI Systems

Today, the European Commission published guidelines to assist providers and deployers of artificial intelligence (AI) systems in meeting the AI Act's transparency obligations, which start to apply on 2 August 2026. Transparency obligations will help people recognise when they are interacting with AI or when content has been generated or altered by AI, reducing the risk of deception and manipulation. The guidelines published today clarify which providers and deployers must comply with the transparency obligations for interactive AI systems and...

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Member News, News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – July 20, 2026

In this week’s Roar: Jumping diesel prices, fragmentation of U.S. tariffs, East Asia’s ongoing dominance, a surge in global air cargo demand, and the impact of constantly reevaluating supply chains. After falling for nine weeks in a row, the U.S. national average for diesel jumped to $4.796 per gallon, up $1.058 in its first increase since May. We can thank the latest flare-up in the ongoing Middle East tensions, which have again pushed oil prices higher. The recent bombings and strong rhetoric...

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Chapter News, News, Trade & TTIP Related

U.S. Department of Justice | Trade Fraud Task Force Surpasses $1 Billion in Recoveries and Charged Losses in Less Than One Year

Enforcement Milestone Marks Strategic Pivot from Administrative Fines to Criminal and Civil Accountability Across the Global Supply Chain The Department of Justice announced today that the Trade Fraud Task Force (TFTF), launched in August 2025, with the Department of Homeland Security (DHS) has surpassed $1 billion in civil and criminal recoveries, penalties, forfeitures, and publicly charged losses in less than one year This milestone reflects a fundamental shift in the federal government’s approach to customs and trade enforcement, emphasizing rigorous...

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News, TRIA News

EIB | EU Global Gateway Strategy: EIB and BIIC Strengthen Strategic Agricultural Value Chains for Benefit of Benin and Europe

EIB and BIIC deploy €100 million in financing, guaranteed by European Commission, in support of agricultural value chains that are key for Beninese economy and European industries. Operation strengthens strategic sectors – cotton/textiles, soya and cashew – that are essential for agro‑industrialisation and job creation in Benin and for security and diversification of EU supply chains in line with the EU Global Gateway strategy. Financing agreement signed under “Women for Stronger Communities and Growth” initiative to support economic...

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