09 Nov
Member News

Troutman Pepper | DOL-OSHA Announces New COVID-19 Vaccine ETS for Private-Sector Workers

Who Needs to Know Private companies with 100 or more employees. Why It Matters On November 4, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced an emergency temporary standard (ETS), containing the anticipated COVID-19 vaccination rule covering private companies with 100 or more employees. The ETS became effective immediately on November 5 upon its publication in the Federal Register. On November 6, the Fifth Circuit Federal Court of Appeals granted an emergency motion to stay enforcement of the ETS effectively nationwide, pending further...

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08 Nov
Member News

Thompson Hine | DoD Announces (New) CMMC 2.0

Key Notes: DoD announced CMMC 2.0, which is intended to streamline and clarify information security compliance obligations. CMMC 2.0 decreases the number of compliance “Levels” and allows for self-assessments for certain contractors. DoD will not impose any CMMC 2.0 requirements until future rulemaking is complete and it will suspend the current CMMC piloting efforts. A virtual CMMC 2.0 “Town Hall” is scheduled for November 9, 2021 to address its scope and changes. The U.S. Department of Defense (DoD) recently announced significant changes to...

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08 Nov
Chapter News

ECB Speech | Inflation in the short term and in the medium term

Welcome address by Philip R. Lane, Member of the Executive Board of the ECB, at the ECB Conference on Money Markets | 8 November 2021 | Welcome to our annual conference on money markets. This is a prominent event in our calendar: it is difficult to over-state the importance of understanding money markets for the design and implementation of monetary policy. Money markets are a seismograph for central bank liquidity conditions and market expectations of future policy, while money market...

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05 Nov
Member News

FTI Consulting | Interoperability and Information Blocking in Transition

The Office of the National Coordinator for Health Information Technology (ONC) final rules on healthcare interoperability and “information blocking” present complex clinical, operational and security challenges. Hospitals, health IT vendors and other stakeholder organizations will need to strategize around how to maximize the benefit from these policies while also balancing continued investment in and commitment to technical infrastructure. Title IV of the 21st Century Cures Act (Cures Act) was “designed, to advance interoperability; support the access, exchange, and use...

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05 Nov
Member News

Vulcan Insight | COP26: Strong on climate pledges, weak on concrete actions

With the COP26 climate conference up and running, world leaders have been strong in climate action rhetoric, but have so-far lacked setting out strong actions on how to achieve them. Despite the devastating report presented by the IPCC earlier this year, the pledged delivered so far would still put the world on track to reaching 2.7°C according to the UN. With its newly proposed “Fit for 55” climate and energy package, European Commission President Ursula von der Leyen sought to...

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04 Nov
Member News

Troutman Pepper | President Biden’s Working Group on Financial Markets Issues Report on Stablecoins

On November 1, the President’s Working Group on Financial Markets (PWG), along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, issued a “Report on Stablecoins” (Report) that provided background on stablecoins, identified regulatory gaps related to such digital assets, and offered recommendations for addressing those gaps. After outlining the risks and deficiencies in the current regulatory landscape as it relates to stablecoins, the Report recommended that Congress enact legislation requiring that stablecoins...

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04 Nov
Chapter News

COP26: European Commission announces €1 billion pledge to protect world forests

European Commission President Ursula von der Leyen announced today €1 billion at the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow as the European Union contribution to the Global Forests Finance Pledge. This 5-year support package from the EU budget will help partner countries to protect, restore and sustainably manage forests worldwide and deliver on the Paris Agreement. President Ursula von der Leyen said: “Forests are the green lungs of the earth. We need to protect and restore them. I gladly announce...

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04 Nov
Chapter News

ECB Speech | The outlook for inflation, learning from Lisbon: recovery and resilience in Europe

Speech by Christine Lagarde, President of the ECB, on the occasion of the 175th anniversary of Banco de Portugal in Lisbon | Introduction I am delighted to be here in Lisbon to celebrate the 175th anniversary of the Banco de Portugal, an institution that can be proud of its contribution to Portuguese history. And it is a history that is fused with Europe. Lisbon was home to the peaceful Carnation Revolution of 1974, which ushered in democracy and marked a crucial step...

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03 Nov
Member News

Switzerland Trade & Invest | DG Fuels relies on Energy Vault technology

Lugano/Washington – The American company DG Fuels and Energy Vault from Lugano in the canton of Ticino are working together. DG Fuels will use Energy Vault’s gravity energy storage solution to produce sustainable aviation fuel. DG Fuels is building a system to manufacture synthetic aviation fuels with no CO2 emissions. The American company uses water electrolysis and biomass-derived carbon replacement fuel for this. Now, according to a press release, it has also decided to use an innovative energy storage technology...

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03 Nov
Chapter News

U.S. President Biden, European Commission President von der Leyen and UK Prime minister Johnson announce Commitment to addressing climate crisis through infrastructure development

Building on the June 2021 commitment of G7 Leaders to launch a values-driven, high-standard, and transparent infrastructure partnership to meet global infrastructure development needs, U.S. President Biden and European Commission President von der Leyen hosted a discussion on the margins of COP26 with UK Prime Minister Johnson, Barbadian Prime Minister Mottley, Canadian Prime Minister Trudeau, Colombian President Duque, Ecuadorian President Lasso, Democratic Republic of the Congo President Tshisekedi, Indian Prime Minister Modi, Japanese Prime Minister Kishida, and Nigerian President...

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