24 May
Chapter News

‘Ask Lena & Lisa’: Invitation to Participate

A call to action to our members! The EACCNY has launched a new "Advice Column" to tackle questions surrounding cultural leadership and communication skills. Do you have any questions that need answering? Please send your questions on communication to Lisa Patti, and your cross-cultural leadership questions to Lena Beck Roervig. See more details below. Concept, Goals & Process: Leadership advice column with a focus on intercultural leadership & communication skills. Cultural differences can be both obvious or subtle, however, both cross-cultural leadership skills...

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24 May
Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | UK competition law enforcement after Brexit – divergence from the EU?

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 Rachel Brandenburger, Senior Advisor & Foreign legal Advisor to HOGAN LOVELLS US LLP (admitted in England & Wales) and Visiting Research Fellow, Institute of European & Comparative Law, University of Oxford, who will address: “UK competition law enforcement after Brexit – divergence from the EU?”. | Introduction On January 31,...

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24 May
Chapter News, COVID-19 News

Global leaders adopt agenda to overcome COVID-19 crisis and avoid future pandemics

Leaders of the G20 committed today to a series of actions to accelerate the end of the COVID-19 crisis everywhere and better prepare for future pandemics, at a summit co-hosted by European Commission President Ursula von der Leyen and Italian Prime Minister Mario Draghi, as G20 chair. President Ursula von der Leyen said: “This very first G20 summit on health marks the beginning of a new chapter in global health policy. World leaders strongly committed to multilateralism and global cooperation in health. This means,...

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24 May
Member News, Other, Whitepapers

EACCNY ‘Moving to the U.S.’ Series | The Cultural Adjustment Curve

With the help of our members, we are creating a Thought-Leadership series on important factors to take into consideration when ‘Moving to the United States’. Today, we present Lena Beck Rørvig, Founder & CEO of BECK GLOBAL CONSULTING, who will address: “The Cultural Adjustment Curve”. | Mark, a British executive, was excited for his new career opportunity to move from the United Kingdom to New York. His wife was not particularly pleased to go since she was not 100% sure if she would...

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24 May
Member News

Portolano Cavallo | Most recent Italian case law on indemnification for breach of “business warranties”

This article is part of Portolano Cavallo’s “INFORM@Corporate” Newsletter. Click here to subscribe. | 1. Introduction The Court of Milan has recently ruled, that breaches of representations and warranties on the target’s business and its assets (so called “business warranties”) cannot trigger the termination of the shares purchase agreement pursuant to section 1497 of the Italian Civil Code. This Section, generally applicable to any sale-purchase agreement, reads “when the goods sold do not have the qualities promised or the  qualities essential for the intended...

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24 May
Member News

CLA | Key Considerations for Financial Institution Technology Contracts

Key insights Examiners at both the state and federal levels are focusing on technology service provider contracts and ongoing vendor management and oversight. Before you finalize contracts, evaluate the technology service provider’s proposal and appraise pricing. Clearly define the rights and responsibilities of both parties before you sign the contract. Establish that you have protection against service disruption that could impact your access to the system and your ability to provide services. More than ever, financial institutions rely on vendors...

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24 May
Chapter News

COVID-19: Coreper endorses political agreement on the EU digital COVID certificate to facilitate free movement

The Council’s Permanent Representatives Committee (Coreper) today gave its unanimous support to the political agreement reached with the European Parliament on 20 May on the EU digital COVID certificate. The aim is to facilitate safe and free movement during the COVID-19 pandemic by providing proof that a person has either been vaccinated against COVID-19, received a negative test result or recovered from COVID-19. The certificate, which will be in use by 1 July, will be available in digital and paper...

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21 May
Chapter News

Eurogroup, 21 May 2021 Main Results

The Eurogroup discussed macroeconomic and fiscal developments in the euro area and looked into the functioning of adjustment mechanisms. Ministers also adopted the Eurogroup work programme for the second half of 2021 and heard the reports from the chairs of the ECB Supervisory Board and of the Single Resolution Board. Exchange of views on macroeconomic and fiscal developments The Eurogroup exchanged views with the chair of the ECON committee of the European Parliament, Ms Irene Tinagli, on the macroeconomic and fiscal...

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21 May
Member News

EIB | European Guarantee Fund accelerates access to recovery funding for EU companies

EGF approved nearly half its planned 2021 financing for SMEs, mid-caps and public sector The €24.4 billion European Guarantee Fund, part of an initial EU COVID-19 recovery package to be deployed within 2021, is about to hit halfway mark €11.7 billion in financing to support businesses around the EU in COVID-19 pandemic Approved funding is expected to mobilise nearly €94 billion The European Guarantee Fund (EGF), part of the €540 billion EU recovery package agreed in 2020, has approved funding amounting...

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21 May
Member News

Vulcan Insight | Commission presents plans for EU corporate tax reforms

With several months of delay, the European Commission this week adopted its ambitious plan for reforming the EU’s corporate taxation system over the coming years, proposing broad short-term and long-term measures to promote a robust, efficient and fair business tax system in the European Union.  The new strategy, presented by Commission Executive Vice-President for an economy that works for people, Valdis Dombrovskis, and Economy Commissioner, Paolo Gentiloni, is a renewed attempt to reform the EU’s corporate tax system since Member States...

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