02 Sep
Member News

BBGFX | September 2021 FX Outlook

The US dollar was driven to new highs for the year in recent weeks by a combination of another signal that the Federal Reserve was still on track to taper before the end of the year and concerns about global aggregate demand.  The spread of the contagion has exacerbated the slowdown already seen in parts of Asia.  China's efforts to curb steel output and recognition that the US infrastructure initiative may be smaller than expected were separate sources of...

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31 Aug
Chapter News

Simpler EU energy labels for lighting products applicable from 1 September

To help EU consumers cut their energy bills and carbon footprint, a brand new version of the widely-recognised EU energy label for light bulbs and other lighting products will be applicable in all shops and online retail outlets from Wednesday, 1 September 2021. The move follows the considerable improvement in energy efficiency in this sector in recent years, which has meant that more and more “light sources” (such as light bulbs and LED modules) have achieved label ratings of...

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31 Aug
Chapter News, COVID-19 News

Coronavirus: 70% of the EU adult population fully vaccinated

Today, the EU has reached a crucial milestone with 70% of the adult population now fully vaccinated. In total, over 256 million adults in the EU have now received a full vaccine course. Seven weeks ago already, the Commission's delivery target was met, ahead of time: to provide Member States, by the end of July, with enough vaccine doses to fully vaccinate 70% of the adult EU population. The President of the European Commission, Ursula von der Leyen, said:  “The full...

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31 Aug
COVID-19 News, Member News

Cozen O’Connor | Green Card Applicants Must Receive the COVID-19 Vaccine

On August 24, 2021, the U.S. Centers for Disease Control and Prevention (CDC) announced a new policy that will require foreign nationals applying for a U.S. permanent resident card (green card) to be fully vaccinated against COVID-19. Beginning on October 1, 2021, all green card applicants must submit proof of COVID-19 vaccination as part of their Form I-693 medical examinations. Any individual who refuses to be vaccinated, and does not qualify for any of the agency's limited exemptions, will...

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30 Aug
Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | European Payments and Liquidity Management for Corporates Post-Brexit

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Karen Sloan, Head of Corporate Cash Management Sales for HSBC Continental Europe. She will address: “European Payments and Liquidity Management for Corporates Post-Brexit”. | What you need to know to navigate the changing landscape Transactional banking services such as payments and liquidity management have been a focus in Europe over the...

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30 Aug
Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | The impact of Brexit’s immigration upheaval on the UK’s workforce

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Gergana Kostova-Pehlivanova, Ph.D., Senior Economist at AIG GLOBAL ECONOMICS, and based in New York; along with Vanessa Ganguin, Partner (Consultant) at GQ|LITTLER, and based in London. They will address: “The impact of Brexit’s immigration upheaval on the UK’s workforce”. | The chaos of the COVID-19 pandemic has obscured as...

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30 Aug
COVID-19 News, Member News

Ad Altius | Pandemic PTSD in Business is Real: Here’s What to Do About It

We hope you enjoy this exclusive article written by Thomas Brown, CEO of AD ALTIUS ADVISORS | The COVID-19 pandemic has been the most traumatic global event in generations. When we consider the costs of this trauma, we rightly think first about those whom we’ve lost and those they left behind, perhaps followed by those whose livelihoods were taken away. In the business community, we might focus on the billions of dollars in value that were erased. All of these...

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30 Aug
Chapter News

An assertive trade policy: EU’s defence measures against unfair trade practices remained effective in 2020

The system for protecting EU businesses from dumped and subsidised imports continued to function well in 2020 thanks to the EU's robust and innovative ways of using trade defence instruments (TDI), despite the practical challenges presented by the COVID-19 pandemic. This is part of the European Commission's new trade strategy, whereby the EU takes a more assertive stance in defending its interests against unfair trade practices. Executive Vice-President and Commissioner for Trade Valdis Dombrovskis said: “The EU needs effective tools to defend ourselves...

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30 Aug
Brexit News, Member News

Faegre Drinker | Data Transfers: U.K. Proposes New Tools and Approach

The United Kingdom Information Commissioner’s Office (ICO) recently launched a consultation regarding the transfer of personal data outside of the U.K. The ICO is seeking comment on its draft international data transfer agreement and related guidance. This consultation follows the U.K.’s departure from the European Union. Although the U.K. left the EU’s legislative framework, the U.K. adopted the General Data Protection Regulation into domestic law (to become the so-called UK GDPR) so many of the same principles apply to data...

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30 Aug
Member News

Jaguar Freight | Taking On Climate Change in the Face of Disruption

In this week’s Roar, we have the world’s first autonomous 7MWh electric cargo ship, Maersk’s $1.4B investment in 8 new carbon-neutral vessels, record-breaking supply chain disruptions, stretched U.S. inland transits, and a looming UK customs regime for exports. As the industry races to address its part in the rise of global greenhouse gas emissions, companies like Norwegian-based Yara International are quickly making a name for themselves as leaders of the search for sustainability. According to electrek, the company “claims to have created...

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