Brexit News, Member News

OCO Global | ‘Like a light coming on’: N Ireland business hails Brexit trade deal

Northern Ireland has long been one of the most under-invested regions of the UK. OCO Global's Executive Chairman Mark O’Connell speaks with Financial Times on the ‘transformative opportunity’ the Windsor Framework can provide. Full article HERE. Compliments of OCO Global - a member of the EACCNY.

Read more

Member News

Fenwick | Silicon Valley Bank Closure: Updated Considerations Following the Creation of Silicon Valley Bridge Bank, N.A.

Last Updated: March 14, 2023 Considerations relating to Silicon Valley Bank (SVB)’s closure have continued to evolve as a result of the recent announcement by the Federal Deposit Insurance Corporation (FDIC) that it has transferred all deposits—both insured and uninsured—and substantially all assets of the former SVB (including loans and lines of credit) to a newly created, full-service, FDIC-operated ‘bridge bank,’ Silicon Valley Bridge Bank, N.A. (SV BB). Depositors and borrowers of SVB automatically became customers of SV BB and will...

Read more

Chapter News

U.S. FED Speech by Governor Bowman on “The Innovation Imperative: Modernizing Traditional Banking”

Governor Michelle W. Bowman at the Independent Community Bankers of America ICBA Live 2023 Conference, Honolulu, Hawaii | March 14, 2023 | I would like to thank the ICBA for the invitation to speak with you today. It is a pleasure to be with you to discuss innovation in the U.S. financial system, the emerging trends that are shaping the industry, and the influence of regulatory approach on this evolution.1 Before turning to the main theme of my remarks, I would...

Read more

Member News

CILcare expands its Scientific Advisory Board to accelerate its research projects in synaptopathy, an early marker of age-related diseases

Montpellier, France, March 13 2023 – CILcare, a company specialized in the R&D of novel therapies for hearing disorders, has the immense pleasure of welcoming four renown researchers in the field of hearing to its Scientific Advisory Board (SAB): Keith Darrow, Stéphane Maison, Aimo Kannt, and Dona Jayakody. Presided by Yves Cazals, formerly employed at the INSERM institute, specialists in psychoacoustics and the treatment of auditory pathologies, CILcare’s SAB will contribute to the development of its synaptopathy pipeline, an...

Read more

Member News

Wilson Sonsini | SVB Is Now a Full-Service “Bridge Bank”: Key Legal Considerations for Companies Considering Whether to Transfer Funds from SVB

In the latest development around the closure of Silicon Valley Bank and the appointment of the Federal Deposit Insurance Corporation (FDIC) as receiver, the FDIC announced today that it has transferred all bank deposits—both insured and uninsured—to a newly created, full-service FDIC-operated “bridge bank.” The FDIC has also transferred over substantially all assets (including all lines of credit of the bank, as clarified in updated FAQs released by the FDIC). The bridge bank, Silicon Valley Bank, N.A. (SVB N.A.),...

Read more

Member News

Datacolor | Why You Need Digital Color Measurement — And How to Begin the Search

This is the first blog by Dwight Davis, Datacolor Regional Sales Manager, in our series about finding the right tools for digital color management. In this post and the following ones, we’ll cover how to begin your search, making the business case for color management, the different types of color measurement instruments, how to successfully roll out new equipment and more. Our goal is to help you make the best decision possible for your company’s needs. Do you really need...

Read more

Member News

Cushman & Wakefield | European Macro Outlook: What’s in a Number?

Two consecutive quarters of negative growth is the technical definition of a recession. There has been a great deal of debate on whether the economies of the euro area and the UK are in a recession. If growth remains flat or is revised down for the final quarter of 2022, the underlying truth is that growth for the euro area and the UK has been subdued. Although the near-term outlook looks brighter than many expected six months prior, some...

Read more

Chapter News

OECD | Action on jobs, skills and regional disparities vital for the green transition

A green skills shortage across the OECD is holding back growth in sustainable development jobs and could jeopardise the race to reach net zero by 2050, according to a new OECD report. “Bridging the Great Green Divide” shows the share of workers in green-task jobs – defined as jobs where at least 10% of tasks directly supports sustainable development – grew just 2 percentage points across 30 OECD countries over the last decade, from 16% in 2011 to 18% in...

Read more

Chapter News

OECD | Statement by the OECD Secretary-General on Ukraine

One year ago today, Russia launched its unprovoked, unjustifiable and illegal war of aggression against Ukraine. Within hours of the invasion, the OECD Council condemned Russia’s large-scale aggression against Ukraine in the strongest possible terms as a clear violation of international law and a serious threat to the rules-based international order, expressing its solidarity with the Ukrainian people. Since then, building on our work together over several decades, the OECD has continued to further broaden, deepen and strengthen our engagement and...

Read more

Member News

OCO Global | The Inflation Reduction Act – what you do next depends on what side of the Atlantic you are on

Austrian politician Klemens von Metternich once mused, “When America sneezes, the rest of the world catches a cold.” The 1929 Wall Street Crash led to the infamous ‘Hungry 30’s’, and the 2008 financial crisis was born in the US. Fast-forward to today, and many Europeans are wondering if America’s latest big sneeze – the Inflation Reduction Act – will mean they’re going to catch a cold soon. What is the Inflation Reduction Act? The Act is the final part of a $2 trillion...

Read more