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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26 May
Member News

CILcare won FACCNE’s 2023 Women in Business award!

Co-Founders of CILcare: Marie-Pierre Pasdelou Celia Belline Sylvie Pucheu CILcare’s team is honored to have been awarded by the French-American Chamber of New England (FACCNE) in the Women in Business category. The French-American Business Awards took place during FACCNE’s annual gala, which has been celebrating for over 20 years the best French and American companies and entrepreneurs with a connection to New England and France. FACCNE’s mission is to develop business relationships between France and the United States and their respective...

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26 May
Member News

Vulcan Insight | Negotiations on Raising the US Debt Ceiling Ongoing

The Biden administration remains locked in a standoff with congressional Republicans over raising the federal debt ceiling. The US government hit its congressionally imposed $31.4 trillion borrowing limit in January, and Treasury Secretary Janet Yellen has warned that the country could run out of money as early as June 1 if Democratic President Joe Biden and Republican House Speaker Kevin McCarthy are unable to hammer out a deal. The latest round of talks have been described by both sides as...

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24 May
Chapter News

ECB Interview | ECB, at 25, looking into a digital euro

Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Karl de Meyer| 24 May 2023 | To safeguard financial stability, we need to keep central bank money at the heart of the financial system, Executive Board member Fabio Panetta tells Les Échos as the ECB turns 25. And a digital euro would be a risk-free means of payment that Europeans can use anywhere in the euro area. As the ECB celebrates its 25th anniversary today, where...

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