16 Nov
Chapter News

ECB | Rising vulnerabilities: Recovery from the pandemic crisis – challenges for the financial sector

Speech by Luis de Guindos, Vice-President of the ECB at the 24th Euro Finance Week | Frankfurt am Main, 15 November 2021 | Good evening to you all. I am honoured to take part in the 24th Euro Finance Week. Since I joined the ECB in 2018, we have been gathering at this event every year to discuss the recent financial and economic developments in the euro area and beyond. As we are going to publish our Financial Stability Review...

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16 Nov
Chapter News

Statement at European Parliament by Executive VP Dombrovskis on the outcome of the EU-US Trade and Technology Council

Chair, honourable members, Before going to the Trade and Technology Council itself, let me first zoom out and outline why the year 2021 has been a landmark year for transatlantic relations. We have successfully pressed the reset button with the Biden administration. After the grounding of the Airbus-Boeing dispute at the EU-U.S. Summit in June, we also agreed to hit the pause button on the steel and aluminium trade dispute. Our agreement includes starting discussions on a new Global Arrangement on Sustainable Steel...

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16 Nov
Member News

IPTI | Update on U.S. & EU Property Tax Issues: November 2021

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org). UNITED STATES New York: NYC Property Values in Limbo Amid Market Changes? The COVID-19 pandemic has thrown New York City property valuations into a complete vortex where nothing makes sense...

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16 Nov
Member News

Cozen O’Connor | Times they keep a changing’ – Upcoming Changes to DoD CMMC Program and Cybersecurity Requirements

The past few years in the government contracting space has seen significant changes: from the recently passed infrastructure bill and its $1.2 trillion infusion for the modernization of the country’s rapidly aging infrastructure, to the heightened need for protections from hackers and ransomware “kidnappers” to the use of cloud computing and storage systems. These are issues that impact not only public contracts but commercial business and the public as a whole. The government continues to work to react to...

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16 Nov
Member News

Wilson Sonsini | The Evolving Banking Cryptocurrency Landscape

On November 3, 2021, Acting Comptroller of the Currency, Michael Hsu, gave remarks at the American Fintech Counsel's "Fintech Policy Summit 2021" and called for "leveling up banking and finance" to address regulatory issues and risks posed by "synthetic banking providers" in the fintech and crypto industry. "Crypto firms today are regulated at most only partially and selectively, with no single regulator having a comprehensive view of the firm as a whole."1Addressing the regulatory issues and risks in the fintech and...

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15 Nov
Member News, New York Related News

Littler | New York Dramatically Expands Whistleblower Rights

New York has historically been known as a bedrock of employment-at-will.  Its legislature and courts were long resistant to permitting exceptions to this doctrine, such as by recognizing public policy “wrongful dismissal” lawsuits outside the statutory prohibitions against discrimination, harassment, and retaliation set forth in the state Human Rights Law. In recent years, though, New York has significantly expanded legal protections for private-sector employees.  For instance, the #MeToo era led to sex harassment law reforms, and the legislature has expanded...

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15 Nov
Member News, Trade & TTIP Related

Faegre Drinker | EU, U.S. Announce Deal on Steel and Aluminum Tariffs

The Deal In January 2018 the Trump administration imposed tariffs on steel and aluminum by invoking Section 232 of the Trade Expansion Act of 1962. This is a Cold War-era law that authorized the president to impose tariffs and other trade restrictions upon a determination that targeted goods are being imported into the United States “in such quantities or under such circumstances as to threaten or impair the national security.” Then-President Trump imposed these tariffs on steel and aluminum products following an investigation and...

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12 Nov
Member News

Panitch Schwarze | Duty of Disclosure

At Panitch Schwarze Belisario & Nadel LLP, we proactively address intellectual property issues related to our clients’ Duty of Disclosure to the U.S. Patent and Trademark Office. Under the Duty of Disclosure, the Patent Office requires applicants to disclose any publicly available references, known as “prior art,” which may be relevant to the patent application. Compliance with this duty strengthens a patent by placing all known relevant prior art in front of the examiner. Examiners typically will sign or initial...

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12 Nov
Chapter News

Digital Economy and Society Index 2021: overall progress in digital transition but need for new EU-wide efforts

Today, the Commission published the results of the 2021 Digital Economy and Society Index (DESI), which tracks the progress made in EU Member States in digital competitiveness in the areas of human capital, broadband connectivity, the integration of digital technologies by businesses and digital public services. The DESI 2021 reports present data from the first or second quarter of 2020 for the most part, providing some insight into key developments in the digital economy and society during the first year of...

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12 Nov
Chapter News

EU exports support 38 million jobs in the EU according to a report on jobs and trade

One of the many figures in a new report released today by the European Commission shows just how important an open trade policy is for European employment. The Trade and Jobs Report provides a host of statistics on European jobs connected to European trade. The report provides data over time at both European and Member State level, and gives statistics by industry, skill level, gender etc. For example, it shows that over 38 million jobs in the EU are supported by EU...

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