03 Aug
Member News

Jaguar Freight | In this week’s Roar: another big win for labor relations, slow times in Europe, sinking shipper sentiment, downsizing at Maersk, and reimagining sustainable supply chains.

Although last week brought the usual hodgepodge of one step forward, one step back in logistics news, there is one very big positive. UPS and the International Brotherhood of Teamsters have come to a tentative agreement on a five-year contract. It provides workplace security for existing workers along with better pay, and an allowance for more full-time jobs, leaving both sides feeling they’ve reached a win-win agreement. Shippers everywhere were bracing for the worst, for fear of a strike which...

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02 Aug
Member News

EACCNY Member ACG turns 21 years old!

Please join us to celebrate the 21st Anniversary of EACCNY member ACG Resources. ACG is a boutique, family-owned full service Talent Acquisition firm providing Executive Search, Recruitment, Interim Management and Temporary Staffing services to a broad range of industries. The firm has the capability to provide services across and down the organizational chart on a global basis. A major portion of its business has been in providing services to international companies seeking local recruitment services. As a family-owned business with over...

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02 Aug
Member News

Ogletree Deakins | U.S. H-1B Cap Lottery, Round Two: Selection Results Have Been Released

On the heels of a surprise announcement, U.S. Citizenship and Immigration Services (USCIS) has conducted a second round of H-1B cap lottery selections. This move was much-anticipated by employers and foreign national workers alike. Quick Hits The new selections were taken from the existing pool of H-1B registrations entered in March 2023. Employers may want to check their USCIS accounts for new selection notices. The filing window for the second round of selections will be open from August 2, 2023,...

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31 Jul
Chapter News

ESMA performs an analysis of the cross-border investment activity of firms

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, and national competent authorities (NCAs) completed an analysis of the cross-border provision of investment services during 2022. The increase in the cross-border provision of financial services has benefits for consumers and firms, as it fosters competition, expands the offer available to consumers and the market for firms. However, it also requires that NCAs intensify their efforts and focus more on the supervision of cross-border activities and...

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31 Jul
Member News

BNY Mellon | Greater integration in collateral management

Initially published in Securities Finance Times, Issue 332, 25 July 2023 | Brian Ruane, senior executive vice president, global head of clearance and collateral management at BNY Mellon, recently met with Justin Lawson to discuss the firm’s growing collateral business, connecting to new pools of collateral and how to integrate the voice of the client. What are some of the major trends you are seeing in collateral management? Collateral management is an integral part of our clients’ funding, trading and business models...

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31 Jul
Member News

Fenwick | New Official Guidance on Voluntary Self-Disclosure of Trade Control Violations

On July 26, 2023, the U.S. Department of Commerce, Bureau of Industry and Security (BIS), the U.S. Department of the Treasury Office of Foreign Asset Control (OFAC) and the U.S. Department of Justice (DOJ) released joint compliance guidance discussing the Voluntary Self-Disclosure (VSD) policies of the respective agencies. The purpose of the guidance is to highlight recent updates to the VSD policies; emphasize the importance of compliance with sanctions, export controls and other laws related to national security; and...

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28 Jul
Chapter News

FSB | Final Reflections on the LIBOR Transition

In 2013, the Financial Stability Board (FSB) established the Official Sector Steering Group (OSSG) with the view of promoting the effective collaboration of the global official sector towards the end goal of successful transition to robust benchmarks, including the transition away from LIBOR. After a decade of preparation, the LIBOR transition has entered its final stage. The end of June 2023 marked the final major milestone in the LIBOR transition with the end of the remaining USD LIBOR panel. Only...

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28 Jul
Member News

ACG Resources | Four Habits Successful People Don’t Have

There is no “secret formula” to becoming a success, but it would be a whole lot easier if there were! What it comes down to in most cases is talent, determination, perseverance, dumb luck, or (most often) some combination thereof. While there may not be a surefire step-by-step road to success, there are certainly some habits that won’t get you there. If you’re looking for ways to become more successful in your career, instead of focusing on what else...

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28 Jul
Member News

Vulcan Insight | Assessing 2023 in EU politics – a half-year recap

Racing to finalise climate and environment files before next year’s elections By Pascal Koenig – Senior Account Manager Two years after the European Commission published its sprawling Fit for 55 package, the first have of this year saw many of the Commission’s legislative proposals being concluded by the European Parliament and the Swedish Council Presidency. Work on climate and environment issues has been both intensive and progressive, as the EU’s co-legislators finalised their negotiations on key files such as the end...

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27 Jul
Member News

Littler | USCIS Announces Alternative Procedure for Completion of Form I-9 – Permanent Virtual Verification

In an ever-evolving digital landscape, the United States Citizenship and Immigration Services (USCIS) has given employers a new option for verifying employment eligibility. On July 21, 2023, the USCIS announced a final rule, effective August 1, 2023, that allows employers to have an alternative procedure (also referred to as “permanent virtual verification”), whereby qualifying employers may inspect employees’ Form I-9 documentation virtually as opposed to performing a physical verification, which was required for all new hires until the COVID-19...

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