19 May
Member News

Panitch Law | Key Aspects of Non-Disclosure Agreements Usage and Potential Pitfalls

Non-disclosure agreements, commonly known as NDAs, are a ubiquitous type of contract in many industries. NDAs can be useful in all sorts of situations, such as when companies look to work together on joint projects, when a party seeks investors, when an employee needs to use confidential information on the job, when a customer shares private data, or when parties agree to a legal settlement. It is important to craft these agreements carefully to protect your sensitive or confidential...

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19 May
Member News

Loyens & Loeff | Far-reaching EU tax reform plans announced: what they could mean for corporate taxpayers

On 18 May 2021, the European Commission issued a communication on “Business Taxation for the 21st Century”. The announcements made therein are expected to translate into actual legislative proposals in the next three years. If implemented, they would represent a systemic change to corporate taxation in the EU. Several short-term proposals would build upon the existing trends of increased transparency and substance requirements, and international negotiations on Pillar One and Pillar Two. The longer-term ambition is adopting a common set of rules to determine an EU consolidate corporate tax...

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19 May
Chapter News

ECB Speech | At the edge of tomorrow: preparing the future of European retail payments

Introductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, at the 14th Payment Forum of Suomen Pankki − Finlands Bank, Helsinki, 19 May 2021 | Thank you for inviting me to speak at this fourteenth edition of the Payments Forum organised by Suomen Pankki – Finlands Bank. Finland is often seen as a forerunner in the development of retail payments, certainly when it comes to digitalisation and its effects. And I am pleased that despite the...

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19 May
Chapter News

Future-proof taxation – EU Commission proposes new, ambitious business tax agenda

The European Commission has today adopted a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. It sets out both a long-term and short-term vision to support Europe's recovery from the COVID-19 pandemic and to ensure adequate public revenues over the coming years. It aims to create an equitable and stable business environment, which can boost sustainable and job-rich growth in the EU and increase our open strategic...

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18 May
Chapter News

EUintheUS | Cyberspace: Strengthening cooperation in promoting security and stability

The European External Action Service (EEAS), in cooperation with the Portuguese Presidency of the Council of the European Union and the European Union Institute for Security Studies (EUISS), held a scenario-based discussion with EU Member States and international partners on 17 May 2021. The discussion, the first of its kind, focused on how to address international security challenges related to cyberspace. All EU Member States, Australia, Canada, Japan, Mexico, New Zealand, Norway, Singapore, Republic of South Korea, Switzerland, United Kingdom...

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18 May
COVID-19 News, Member News

Troutman Pepper | What Employers Need to Know About the CDC’s New Mask and Physical Distancing Guidance

Who Needs to Know All employers with employees currently working onsite or who would like to return their workforce to the office in the future. Why It Matters The CDC’s most recent guidance is a big step forward in the long-awaited attempt to return to pre-pandemic life for fully vaccinated Americans. While many employers may assume they can relax their pandemic health and safety protocols accordingly, employers face special considerations, including a mosaic of state and local guidance impacting their operations. The Centers...

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18 May
Chapter News

U.S. FTC | Cryptocurrency investment scam reports at record level: 5 facts suggest caution

Thinking about adding cryptocurrency to your investment portfolio? The number of Americans investing in cryptocurrency has increased. But as a new FTC Consumer Protection Data Spotlight suggests, the number who report getting stung by cryptocurrency investment scams has skyrocketed. You’ll want to read the Data Spotlight in detail, but here are five facts that suggests caution before sinking your savings into cryptocurrency. Consumers report losing millions to cryptocurrency scams. Since October 2020, nearly 7,000 consumers have reported losses to cryptocurrency scams totaling more than...

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17 May
Member News

IPTI | Update on U.S. & European Property Tax Issues: May 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 a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). UNITED STATES Pandemic-Driven Devalued Retail Real Estate Owners Should Seek Property Tax Reductions Retail real estate has been one of the hardest hit markets by the COVID-19 pandemic....

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17 May
Member News

Who Will Regulate Central Bank Digital Currencies?

This was previously posted in the Columbia Law School Blue Sky Blog | Though a bit provocative, this headline raises a liminal question on the various projects of Central Bank Digital Currencies (CBDBs): Which  governance will apply to them? Or as Juvenal, the poet in ancient Rome, famously asked, “Who will guard the guards themselves?” What Is a Central Bank Digital Currency? A CBDC is the digital form of a country’s fiat currency and, like traditional currency, represents a claim on that...

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17 May
Member News

Steptoe | New Executive Order on Cybersecurity Promises Major Changes Ahead for Government Contractors … and Beyond

On May 12, 2021, President Biden signed a landmark Executive Order to improve and modernize the federal government’s cybersecurity infrastructure. The Executive Order comes in the wake of numerous cyber incidents targeting the United States, including the so-called SolarWinds, Microsoft Exchange, and Colonial Pipeline incidents. The Executive Order will directly affect government contractors, including companies that sell software to the government or provide IT services. More broadly, but less directly, the Executive Order is likely to influence the informal, and eventually...

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