09 Sep
Chapter News, News

European Commission | The EU’s Plan to Grow Innovation in Europe

Europe has plenty of world-class research, talent and creativity. However, too often ideas originating in Europe are turned into economic success by others, elsewhere. This is because European innovators face barriers here and find it difficult to bring their ideas to life. As a result, the Commission proposed a new European innovation act to help Europe's most innovative ideas be developed, financed and scaled up in Europe. To strengthen the EU innovation system, the proposal will address two main challenges....

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09 Sep
Member News, News

TABS | Stricter U.S. Immigration Enforcement: Managing Immigration, Tax and Employment Risks

For international companies expanding to the U.S., real regulatory challenges begin the moment team members step onto U.S. soil to conduct business, or they hire locally. While historically the focus has been on market entry and customer acquisition, a shift in operational priorities may be needed ensure the mitigation of immigration, tax and employment liabilities. Although core U.S. immigration statutes remain unchanged, federal and state enforcement has intensified significantly. In this strict regulatory environment, an employee’s daily activities must align...

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08 Sep
Chapter News, News

IMF | A World Seeking Balance

Surpluses and deficits reflect deeper choices about saving and investment across interconnected economies. More than 80 years ago, John Maynard Keynes centered his work on the persistence of global imbalances. The great economist tried to resolve what he described as the “secular international problem” at the Bretton Woods conference in 1944 through an international clearinghouse. But the conference’s final agreement included only a weaker set of remedies. Concern about imbalances has waxed and waned in the decades since, but has returned to the forefront...

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08 Sep
Member News, News

PwC | Trump Proposes Tariffs on Generic Pharmaceuticals — What Companies Should Know

What happened? President Trump on July 21 announced via social media a proposed tariff framework for imported generic pharmaceuticals to encourage domestic manufacturing. Under the announced framework, imported generic drugs would remain subject to no additional tariffs for a two-year transition period starting August 1, 2026. The tariff rate would then increase to 100% beginning August 1, 2028, and increase again to 200% beginning August 1, 2029. The announcement states that the existing policy applicable to patented, branded, and innovative...

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04 Sep
Financing for Development/UN SDG's, News

World Bank | EUR 3 Billion 10-Year Sustainable Development Bond Attracts Exceptional Global Demand

WASHINGTON, D.C., August 25, 2026 –The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 10-year euro-denominated benchmark bond maturing in September 2036, raising EUR 3 billion. The transaction attracted over 115 orders totaling over EUR 6 billion, appealing to investors around the globe. The bond priced with an annual yield of 3.477%. This equates to a spread vs. the reference Bund of +25.5 basis points. Credit Agricole, Citi, J.P. Morgan and Goldman Sachs are the lead managers...

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04 Sep
New York Related News, News

Trepp | Large New York Loans Are Driving 2026 Office CMBS Origination Volume, and Carrying Lower Debt Yields

New York single-asset, single-borrower (SASB) loans account for 60% of private-label office commercial mortgage-backed securities (CMBS) loan volume originated through August 4, 2026, while urban SASB loans carry substantially lower median debt yields than urban conduit loans. Private-label CMBS loans backed by office properties and originated from January 1, 2026, through August 4, 2026, totaled $18.3 billion across 91 whole loans. Among loans that remain outstanding and non-defeased, that volume was 25% higher than the comparable total for loans originated during...

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03 Sep
Chapter News, News, Trade & TTIP Related

European Commission | Gas Coordination Group: No Immediate Security of Supply Risk

Despite lower gas storage levels compared to previous years, the Member States and the Commission consider there is no immediate risk for security of gas supply in the EU. In a meeting of the Gas Coordination Group (GCG) this afternoon, experts from the Commission and Member States confirmed that while the situation on global energy markets remains exceptional and requires close monitoring, it also differs significantly from that of 2021/2022. Today, the EU is better prepared, thanks to increased...

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03 Sep
Member News, News

Stephenson Harwood | Data and Cyber Update – August 2026

Welcome to the latest edition of the Stephenson Harwood Data and Cyber Update, covering the key developments in data protection and cyber security law in August 2026. In data regulation news, the ICO has opened a consultation on anonymisation and pseudonymisation for research, Ofcom has published its first major age-assurance report, the ICO has set out its expectations for police use of facial recognition, France's Constitutional Council has struck down the country's proposed under-15 social media ban, and the Austrian...

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03 Sep
Member News, News

Wilson Sonsini | The Entrepreneurs Report: Private Company Financing Trends, Q2 2026

Wilson Sonsini is pleased to present the Q2 2026 edition of The Entrepreneurs Report. We’ve compiled a range of data on venture, convertible note, and SAFE financing transactions in which the firm was involved during the second quarter, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Market Perspectives – Mid-Year Check-In: Artificial intelligence (AI) continues to dominate headlines in the first half of 2026, but deal activity is...

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03 Sep
Chapter News, News

ECB | Big Tech, Big Debt: When US Tech Giants Tap the Euro Area Bond Market

Blog | US tech giants are increasingly tapping the euro area bond market to fund their investments. The ECB Blog investigates the consequences for this market and the potential for these developments to reshape it. The infrastructure for artificial intelligence (AI) requires huge investments. Think of the gigantic data centres and the massive electricity consumption to power them. US tech giants, including Google, Amazon and Microsoft, operate massive cloud and AI infrastructure. That is why these companies, known as hyperscalers,...

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