Member News

USA replaces Germany as Switzerland’s top export market

Bern - The USA replaced Germany as Switzerland’s most important export market in 2021 for the first time in 70 years. Exports of Swiss companies to the USA have tripled over the past 20 years. Three quarters of the growth can be traced back to pharma products. Exports of Swiss companies to the USA reached a new record high in 2021 with goods totaling just under 47 billion Swiss francs, the Federal Office for Customs and Border Security (FOCBS) writes...

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Chapter News

Future of Europe: Conference Plenary ambitious proposals point to Treaty review

Plenary adopts 49 proposals (more than 300 measures) for wide-ranging reforms Parliament’s delegation decided by broad majority to support the proposals MEPs will, based on citizens’ demands, seek to formally initiate amending the Treaties Citizens’ feedback on proposals overwhelmingly positive, plea for swift follow-up The Conference Plenary concluded its work, with MEPs expressing their approval of the outcome and announcing that Parliament intends to kick-start EU reforms. At its final meeting, that took place on Friday and Saturday at the...

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COVID-19 News, Member News

CLA | Did You Receive COVID Relief Funds? Find Out If You Need a Single Audit

Key insights Nonfederal entities that have expended federal funds of $750,000 or more during the fiscal year are required to have a single audit performed on those funds. If funds are not used in accordance with the intended purpose and within the laws and regulations of the federal agency, the federal government could require the funds to be paid back. If your organization meets the threshold for a single audit, be aware of which documentation and support to prepare...

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Member News

Cushman & Wakefield | Three New Realities Shaping Hybrid Workplace Strategies

Office of the Future Revisited is focused on the new realities shaping hybrid workplace strategies. In this time of cautious confidence, office space is increasingly in demand. However, the role of the office will be forever changed as we enter the post-pandemic world. The hybrid movement has just begun, and there is no single blueprint for successfully implementing it. Each organization must approach its transition with the question, “What does hybrid mean for us?" Our latest insight establishes three realities that...

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Member News

Arendt | SFDR level II – European Commission publishes final draft RTS

On 6 April 2022, the European Commission published the final regulatory technical standards designed to provide further guidance on the implementation of regulation on sustainability-related disclosures in the financial services sector On 6 April 2022, the European Commission published the final regulatory technical standards (“RTS”) designed to provide further guidance on the implementation of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the “SFDR”), as amended by Regulation (EU) 2020/852 on the establishment of a framework to...

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Chapter News

EU & U.S. Statements on “A Declaration for the Future of the Internet”

STATEMENT BY THE U.S. DEPARTMENT OF STATE: The Internet has been revolutionary. It provides unprecedented opportunities for people around the world to connect and to express themselves, and continues to transform the global economy, enabling economic opportunities for billions of people. Yet it has also created serious policy challenges. Globally, we are witnessing a trend of rising digital authoritarianism where some states act to repress freedom of expression, censor independent news sites, interfere with elections, promote disinformation, and deny their...

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Member News

AlixPartners | 2022 Container Shipping Outlook: More money, more problems

Our 2022 Container Shipping industry outlook was prepared before the invasion of Ukraine in late February 2022; thus, it does not reflect the impact of the conflict on global supply chains and container liners. While it is too soon to quantify the extent and duration of the disruption, it is already clear that the ripple effects will be immense and long-lasting. How the industry’s many stakeholders adapt to their changing environment will affect not only their own fortunes but...

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Chapter News

Statement by Commission President von der Leyen following the announcement by Gazprom on the disruption of gas deliveries to certain EU Member States

The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt by Russia to use gas as an instrument of blackmail. This is unjustified and unacceptable. And it shows once again the unreliability of Russia as a gas supplier. We are prepared for this scenario. We are in close contact with all Member States. We have been working to ensure alternative deliveries and the best possible storage levels across the EU. Member States have put...

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Chapter News

EU takes steps to suspend all duties on imports from Ukraine

The European Commission has proposed today to suspend for one year import duties on all Ukrainian exports to the European Union. The proposal, which is an unprecedented gesture of support for a country at war, would also see the suspension for one year of all EU anti-dumping and safeguard measures in place on Ukrainian steel exports. This far-reaching step is designed to help boost Ukraine's exports to the EU. It will help alleviate the difficult situation of Ukrainian producers and...

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Chapter News, Financing for Development/UN SDG's

OECD countries advancing slowly on sustainable development targets by 2030

Despite progress made since the adoption of the 2030 Agenda for Sustainable Development and its 17 Goals (SDGs), OECD countries have met or are close to meeting only a quarter of the targets for which performance can be gauged, according to a new OECD report. Virtually all OECD countries are already securing basic economic needs and implementing the policy tools and frameworks mentioned in the 2030 Agenda. But progress towards 21 targets on issues such as ensuring no one is...

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