13 Jun
Chapter News

EU Parliament | Women on boards: deal to boost gender balance in companies

40% of non-executive director posts should go to the under-represented sex Dissuasive penalties for non-compliance Small and medium-sized enterprises with up to 249 employees will be excluded After being blocked in the Council for a decade, EP and EU countries’ negotiators finally agreed on a bill to increase the presence of women on corporate boards. The provisional agreement reached on Tuesday night on the draft legislation aims to ensure gender parity on boards of publicly listed companies in the EU. At...

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13 Jun
Chapter News

Deal reached on new rules for adequate minimum wages in the EU

The minimum wage should be adequate to ensure a decent standard of living Right to redress for workers, their representatives and trade union members if rules are violated EU rules to respect the powers of national authorities and social partners to determine wages Collective bargaining to be strengthened in countries where it covers fewer than 80% of workers The agreed legislation aims to ensure that minimum wages in all EU countries guarantee decent living standards for workers. With a deal...

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13 Jun
Member News

ACG Resources | 5 Surefire Ways to Stress Less At Work

Stress in the workplace is inevitable. But chronic, debilitating stress is not, even if you work in an inherently stressful profession. Research shows that ongoing pressure accompanied by increased demands contributes to stress at work. In order to keep your sanity, there are surefire ways to assist, even at the most stressful times. Consider following these tips to help manage your stress level, ultimately improving your career. Surround yourself with positive people. The people you surround yourself with at work can...

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10 Jun
Member News

GDLSK | Compromise Uyghur Forced Labor Prevention Act passed by House, to be taken up by the Senate

On December 14, 2021, Representative Jim McGovern and Senator Marco Rubio announced agreement on a compromise version of the proposed Uyghur Forced Labor Prevention Act.  The bill was promptly passed unanimously by the House of Representatives and is expected to be taken up by the Senate very shortly with an eye towards forwarding it to the President for signature as soon as possible.  Different versions of the bill had previously been passed by the Senate (on July 15, 2021)...

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10 Jun
Member News

Vulcan Insight | MEPs back 2035 ban on new petrol and diesel cars

As part of a stunning series of votes on the EU’s future climate agenda and measures to fight climate change, MEPs on Wednesday backed a near-complete ban on the sale of new carbon emitting cars and light vans from 2035.  MEPs attending the European Parliament’s full Strasbourg plenary narrowly backed and adopted the compromise reached by MEP Jan Huitema (Renew/NL) in the chamber’s Environment committee by 339 votes to 249 with 24 abstentions. Since its proposal by the European Commission last...

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10 Jun
Chapter News

Energy Markets: EU Commission presents short-term emergency measures and options for long-term improvements

In response to several months of exceptionally high and volatile energy prices, the Commission sets out today a series of additional short-term measures to tackle high energy prices and address possible supply disruptions from Russia. It also presents a number of areas where the electricity market design can be optimsied, making it fit for the transition away from fossil fuels and more resilient to price shocks, while protecting consumers and delivering affordable electricity. Commissioner for Energy, Kadri Simson, said: “The...

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09 Jun
Member News

FTI Consulting | The Activism Vulnerability Report

Download Q1 2022 Report Introduction and Market Update Welcome friends, clients and readers to FTI Consulting’s quarterly Activism Vulnerability Report, which will present findings from our Activism Vulnerability Screener for the first quarter of 2022 and discuss other notable trends in the world of shareholder activism and engagement. Markets experienced heightened volatility during the quarter, with Russia’s invasion of Ukraine exacerbating already challenging inflation, pandemic, supply chain and oil price considerations, amongst others. Many nations, including the U.S., have imposed heavy economic...

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09 Jun
Chapter News

EU budget 2023: Empowering Europe to continue shaping a changing world

The Commission has today proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113.9 billion in grants under NextGenerationEU. The EU budget will continue to mobilise significant investments to boost Europe's strategic autonomy, the ongoing economic recovery, safeguard sustainability and create jobs. The Commission will continue to prioritise green and digital investments while addressing pressing needs arising from recent and current crises. Commissioner Johannes Hahn, responsible for the EU Budget, said: “We are...

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09 Jun
Chapter News

Deal on common charger: reducing hassle for consumers and curbing e-waste

One single charger for frequently used small and medium-sized portable electronic devices Charging speed harmonised for devices that support fast charging Buyers can choose whether to purchase new device with or without charging device By autumn 2024, USB Type-C will become the common charging port for all mobile phones, tablets and cameras in the EU, Parliament and Council negotiators agreed today. The provisional agreement on the amended Radio Equipment Directive, establishes a single charging solution for certain electronic devices. This...

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09 Jun
Member News, Uncategorized

Noerr | 18th Regulation Amending the Foreign Trade and Payments Regulation in effect

On 3 May 2022, the 18th Regulation Amending the German Foreign Trade and Payments Regulation (18. Verordnung zur Änderung Außenwirtschaftsverordnung – AWV) entered into force. This law defines new administrative offences that are subject to fines so that penalties can be imposed for violations of sanctions entailing restrictive measures against Belarus, Russia and the regions of Ukraine not controlled by the Ukrainian government, Donetsk and Luhansk. As regards Belarus, this concerns prohibitions of transactions in connection with reserves and assets of...

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