28 Oct
Member News

Ogletree Deakins | USCIS to Expand Premium Processing Program, Increase Fee Rates

On October 1, 2020 President Donald Trump signed into law a stopgap spending measure to spending measure to fund the U.S. government through December 11, 2020. The spending measure includes a provision titled “Emergency Stopgap USCIS Stabilization Act,” which authorizes U.S. Citizenship and Immigration Services (USCIS) to expand the premium processing program and to increase program fees. Although the spending measure takes effect immediately, it is likely that USCIS will need several weeks before the agency can implement the necessary...

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28 Oct
Chapter News

The EU Single Window Environment for Customs – a path towards streamlined customs controls and trade facilitation through enhanced cooperation between authorities at the EU borders

On 28 October 2020, the European Commission proposed a new initiative that will make it easier for different authorities involved in goods clearance to exchange electronic information submitted by traders. The “EU Single Window Environment for Customs” will enhance cooperation and coordination between different authorities, and will support the automatic verification of non-customs formalities for goods entering or leaving the EU. Each year, the Custom Union facilitates the trade of more than €3.5 trillion worth of goods. Efficient customs clearance and...

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27 Oct
COVID-19 News, Member News

FTI Consulting | Insider Threat and How to Mitigate It – 5 Top Tips

In today’s digital age — where hackers can override a system from the other side of the globe — organisations have to be warier than ever. Unfortunately, it’s no longer enough to remain vigilant of the outside world. Some of the most damaging threats originate from within. In the midst of COVID-19, there’s been an uptick in insider threats ranging from malfeasant board members to malicious employees. And while some instances are simply the result of accidental negligence, often there are more...

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27 Oct
Chapter News

EU Commission disburses €17 billion under SURE to Italy, Spain and Poland

The European Commission has disbursed a total of €17 billion to Italy, Spain and Poland in the first instalment of financial support to Member States under the SURE instrument. As part of today's operations, Italy has received €10 billion, Spain €6 billion, and Poland €1 billion. Once all SURE disbursements have been completed, Italy will receive a total of €27.4 billion, Spain €21.3 billion and Poland €11.2 billion. This support, in the form of loans granted on favourable terms, will...

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27 Oct
COVID-19 News, Member News

DeVore & DeMarco | Working From Home? Please Practice Good Cyber-Hygiene!

As corporations and even entire municipalities are increasingly advising their employees to work from home in light of COVID-19, it is important to remember that doing so it not without its risks. For any organization that has information to protect -- be it is customer or employee personally identifying information, financial information, or confidential and proprietary trade secrets -- permitting company data to travel home with or be remotely accessed by employees raises the chances of a cyber- incident involving...

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26 Oct
Member News

Littler | New York State Issues First Guidance on Paid Sick Leave Law

On October 20, 2020, New York State issued its first guidance on the New York State Sick Leave Law (New York Labor Law § 196-b) (NYSSLL). The guidance, titled “New York State Paid Sick Leave FAQ” (FAQ) appears on the state’s new webpage dedicated to an overview of the NYSSLL, which includes, among other things, information about sick leave accruals, eligibility for sick leave, and permitted uses of sick leave. The guidance, currently consisting of 44 questions and answers, addresses a multitude of...

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26 Oct
Chapter News

Boeing WTO case: the EU gets formal green light to impose duties on U.S. imports

Today, the Dispute Settlement Body of World Trade Organization (WTO) formally authorised the EU to take countermeasures against the United States. The EU can now increase its duties on U.S. exports worth up to $4 billion. Today's decision follows the WTO panel announcement confirming EU retaliation rights in reaction to illegal subsidies granted to the U.S. aircraft maker, Boeing. Executive Vice-President for an Economy that Works for People and Commissioner for Trade, Valdis Dombrovskis, said: “Today's formal approval by the Dispute Settlement...

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26 Oct
Member News

The Gig is Up: In a Rising Gig Economy, Employer & Employee Perspectives on Worker Classification

Worker classification is a hot-button issue these days, with high stakes for employers and workers.  In September, the US Department of Labor (DOL) proposed a new rule clarifying the test for independent contractor status, which would enable companies to more easily classify workers as independent contractors by emphasizing two “core” factors: the worker’s degree of control over the work; and their opportunity for profit and loss based on their initiative and/or investments. By contrast, in 2019, California passed A.B....

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23 Oct
Member News

Thompson Hine | SEC Adopts New Rule for Fund of Funds Arrangements

Key Notes: New rule will provide consistent framework for fund of fund arrangements. Reliance on the new rule will require compliance with certain conditions. Existing fund of funds exemptive orders will be rescinded. On October 7, the Securities and Exchange Commission (SEC) adopted Rule 12d1-4 (Rule), which establishes a comprehensive regulatory framework for fund of funds arrangements. Prior to its adoption, fund managers navigated a complex and sometimes inconsistent regime of rules and exemptions to engage in fund of funds...

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23 Oct
COVID-19 News, Member News

CLA | COVID-19 Guidance from CFOs Who Did It Right

Key insights CFOs who maintained adequate cash reserves or had access to cash wisely positioned their companies to deal with the immediate shortage. Successful leaders found ways to increase revenue and decrease operating costs. Once their company was stabilized, these CFOs began strategic planning with key stakeholders. As COVID-19 spread in the United States, many small to mid-market companies were able to weather the storm — or even grow — during the crisis. Successful companies focused on liquidity, then stabilization,...

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