Member News

Jaguar Freight | Shipping Ports Ramp up Operations While Air Sector Struggles With Ocean Overflow

In this week’s Roar, we now have 24/7 operations at the Port of Los Angeles, the Port of Oakland’s attempts to increase traffic, the EU’s proposals to decrease Northern Ireland border checks, lengthy Asia-North Europe arrival delays, and a “superhot” airfreight market.  Despite extending its hours back in September, the Port of Los Angeles is finally preparing to move to a 24/7 operation. This transition comes after a string of reports suggesting “the extended hours had not reached their potential due...

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Member News

RSM | October 2021 – Your Global Summary of IFRS News and Developments

RSM World of IFRS summarises key matters arising from recent IASB discussions and decisions, highlights RSM thought leadership from around the world, and addresses an IFRS application question each month. Latest matters from the international accounting standards board (IASB) The following is a summarised update of key matters arising from the discussions and decisions taken by the IASB at its remote meetings on the following dates: 22-23 June 2021 20-21 July 2021 The full update, as published by the IASB, can be found here. MAINTENANCE AND...

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Chapter News

ECB Speech | Globalisation after the pandemic

2021 Per Jacobsson Lecture by Christine Lagarde, President of the ECB, at the IMF Annual Meetings, 16 October 2021 | It is a pleasure to be back in Washington and to deliver this year’s Per Jacobsson Lecture. As a young man in the 1920s, Jacobsson worked in the Economic and Financial Section of the League of Nations Secretariat. There, he was actively involved in work on Europe’s financial reconstruction in the wake of the greatest shock that had hit the continent:...

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Member News

EXEO Attorneys | Immigration U.S. & Canada, October 2021

This week's special newsletter provides an overview of notable changes in Canadian immigration including all measures directly related to the COVID-19 pandemic. Here are the most important news since the beginning of the pandemic and travel restrictions as of October 14, 2021 The U.S. land border will be open to fully vaccinated Canadian travellers starting in November Vaccinated Canadians will be able to travel to the U.S. by land or ferry starting in November for non-essential purposes (tourism, family travel, etc.)....

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Brexit News, Member News

Vulcan Insight | EU offers ‘bespoke arrangements’ on Northern Ireland Protocol

After another tense week for the British Government and European Commission, Commission Vice President Maroš Šefčovič presented a new package of measures on the Northern Ireland Protocol on Wednesday. The “bespoke arrangements” come in response to “the difficulties that people in Northern Ireland have been experiencing because of Brexit” and seek to further facilitate the movement of goods from Great Britain to Northern Ireland. Speaking at the British Embassy in Lisbon earlier this week, Britain’s Brexit Minister, David Frost had said...

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Member News

Orrick | Treasury Actions to Counter Ransomware

On September 21, 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced several actions focused on disrupting criminal digital finance infrastructure, including virtual currency exchanges, responsible for laundering cyberattack ransoms, and encouraging incident and ransomware payment reporting to U.S. authorities.  OFAC issued an updated advisory on potential sanctions risks associated with facilitating ransomware payments (the “Advisory”).  OFAC also added Russia-based cryptocurrency exchange Suex.io to its Specially Designated Nationals and Blocked Persons List (the “SDN List”).  This is the first cryptocurrency...

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Chapter News

USTR | Ambassador Katherine Tai’s Remarks As Prepared for Delivery on the World Trade Organization

October 14, 2021 | GENEVA | United States Trade Representative Katherine Tai today delivered a speech an event hosted by the Graduate Institute's Geneva Trade Platform about the World Trade Organization’s important role in the global economy, why it must adapt to the rapidly changing global economy, and how it can help unlock broad-based economic prosperity. You can watch Ambassador Tai's speech at https://www.youtube.com/watch?v=DaKSYxJEGNk. Ambassador Tai's remarks as prepared for delivery are below: Good afternoon.  Thank you to Dmitry and Richard, the Geneva...

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Chapter News

ECB | IMFC Statement by Christine Lagarde

Statement by Christine Lagarde, President of the ECB, at the forty-fourth meeting of the International Monetary and Financial Committee | IMF Annual Meetings, 14 October 2021 | Global economic activity has continued to recover since our previous meeting in April this year, thanks to further progress in vaccination campaigns and supportive economic policies. However, the pace of the recovery remains uneven across sectors and countries, and the spread of the more contagious Delta variant of the coronavirus (COVID-19), coupled with...

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Member News

Aurore Marie Nominated as Global Head, R&D Operations Management, and CILcare’s Board Member

Montpellier, October 13th, 2021: CILcare, the world leading CRO specialized in ear disorders, is pleased of nominating Aurore Marie at the position of Global Head, R&D Operations Management. In her new role, Aurore Marie will drive the support to production activities at global level and will serve as a new member of CILcare’s Board. For the past six years, Aurore Marie has served as R&D Project Manager and Senior Operations Manager at CILcare, responsible for directing and executing Sponsor’s studies...

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Chapter News

Energy prices: EU Commission presents a toolbox of measures to tackle exceptional situation and its impacts

The Commission adopted today a Communication on Energy Prices, to tackle the exceptional rise in global energy prices, which is projected to last through the winter, and help Europe's people and businesses. The Communication includes a “toolbox” that the EU and its Member States can use to address the immediate impact of current prices increases, and further strengthen resilience against future shocks. Short-term national measures include emergency income support to households, state aid for companies, and targeted tax reductions. The Commission will...

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