02 May
Chapter News

Digital Services Act: EU Commission designates first set of Very Large Online Platforms and Search Engines

Today, the Commission adopted the first designation decisions under the Digital Services Act (DSA), designating 17 Very Large Online Platforms (VLOPs) and 2 Very Large Online Search Engines (VLOSEs) that reach at least 45 million monthly active users. These are: Very Large Online Platforms: Alibaba AliExpress Amazon Store Apple AppStore Booking.com Facebook Google Play Google Maps Google Shopping Instagram LinkedIn Pinterest Snapchat TikTok Twitter Wikipedia YouTube Zalando Very Large Online Search Engines: Bing Google Search The platforms have been designated based on...

Read more

02 May
Brexit News, Chapter News

FSB Statement to encourage final preparations for the USD LIBOR transition

The finish line for US dollar (USD) LIBOR transition at end-June 2023 is now less than three months away. There has been significant progress made to date, and market participants must continue to act in order to ensure an orderly transition and to support the foundations necessary for a sustainable and stable financial system going forward. Given the limited time ahead, the FSB stresses that it is critical that market participants act expeditiously to ensure that their legacy contracts...

Read more

02 May
Member News

Loyens & Loeff Appoints New Partner, Christine Hohl

Loyens & Loeff is very proud to announce that Christine Hohl has been appointed as local partner effective 1 May. Christine advises clients in financing transactions including acquisition financings, asset financings, real estate financings, debt issuances and securitisations. Her clients include banks, financial institutions, large corporates, and sponsors. “Christine strongly complements our existing practice and she will add significant industry knowledge and expertise to our Banking & Finance capabilities in Switzerland.” said Judith Raijmakers, Head of the Swiss Banking & Finance...

Read more

01 May
Member News

Jaguar Freight | Weekly Roar: No Linear Path Forward

In this week’s Roar: mixed signs in Europe, fuel at a low point, taking initiative on climate disclosure rules, continued trade tension between the U.S. and China, and air cargo embracing digitization. Economic improvement does not show up as a straight line on a chart, and usually includes a meandering path. Take the situation in Europe. Their service sector is booming — seeing their biggest rebound since 2009. Unfortunately, it’s being overshadowed by a manufacturing sector that continues to decline....

Read more

01 May
Member News

EIB Global Gateway: EU Commission and EIB announce funds worth €18 billion to boost investments in climate action and sustainable economies

The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe’s investment strategy for partner countries. This will boost investment in Global Gateway’s priority areas – climate action, clean energy and connectivity – in Europe’s partner countries around the world. In particular, these projects will aim to help bridge the global climate finance gap and support prevention, adaptation and mitigation. Speaking from the Global Citizen NOW Summit in New York, President von der Leyen...

Read more

01 May
Chapter News

EU Parliament | Ending fast fashion: tougher rules to fight excessive production and consumption

Textile products must last longer and be easier to reuse, repair and recycle The destruction of unsold or returned textiles should be banned Human, social and labour rights must be respected during production Need for binding targets and measures addressing the entire lifecycle of textiles Environment Committee MEPs adopted their recommendations today for EU measures to ensure that textiles are produced in a circular, sustainable and socially just way. MEPs say textile products sold in the EU should be more...

Read more

28 Apr
Member News

Rand Insurance | Newsletter, Spring 2023

Spring has sprung! We hope this seasonal newsletter will provide you with some useful information. Thank you for giving us the privilege of servicing your insurance needs. Why you might need a safe and alarm system in your home Helping keep your valuables secure It's easier than ever for thieves to break and enter into your home, putting your valuable articles and collections at risk. Our partners at Chubb recommed the following: High security fireproof safe, professionally bolted or over 750 lbs and TRTL/TL-30 rated...

Read more

28 Apr
Chapter News

IMF | Europe’s Knife-Edge Path Toward Beating Inflation Without a Recession

Success will require tighter macroeconomic policies tailored to changing financial conditions, strong financial supervision and regulation, and bold supply-side reforms Following a strong exit from the pandemic, Europe was hit hard by the economic impact of Russia’s invasion of Ukraine. Growth slowed drastically, inflation shot up, and episodes of financial stress materialized. But as a result of decisive policy action, most economies narrowly avoided a recession this winter. Europe now faces the difficult task of sustaining the recovery, defeating inflation,...

Read more

28 Apr
Member News

Vulcan Insight | EU Commission proposes largest EU Pharma industry review in decades

On 26 April, the proposal for the pharma package review was issued by the Commission. The revision is the first major review of the pharmaceutical legislation since 2004 and aims to adapt the European pharmaceutical legislation to the needs of the 21st century. The reform aims to ensure more timely and equal access, lower burdens on companies, and lower healthcare costs. The review encompasses two legislative proposals, a Directive, and a Regulation, which will serve as the EU regulatory framework...

Read more

27 Apr
Member News

Steptoe | Global ESG Headlines, April 2023

Welcome to “For What It’s Earth,” a bi-weekly review of the key Environmental, Social and Governance (ESG) developments from across the globe. With an increasing scrutiny of ESG factors by governmental authorities, investors, customers and stakeholders, in our newsletter we distill ESG-related policy, legal, and market developments into a streamlined note, reporting on the issues most relevant for business and industry. Recent developments to note: LitigationJewelry brand David Yurman and direct to consumer brand Mejuri Inc. settled a lawsuit brought by Yurman...

Read more

«‹229230231232233›»