Member News

EY | Eight key issues for 2020 US elections

With US voters beginning to cast ballots, many are seeking to gauge how the results of the 2020 US elections will shape the US legislative and regulatory environment on a range of issues affecting workers, companies and the economy; as well as environmental issues, global trade and supply chains. Election day outcomes will determine US government approaches to a host of pressing public policy challenges and provide the path forward on many significant issues for years to come. This publication...

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Chapter News, COVID-19 News

Coronavirus: EU interoperability gateway goes live, first contact tracing and warning apps linked to the system

To exploit the full potential of contact tracing and warning apps to break the chain of coronavirus infections across borders and save lives, the Commission, at the invitation by EU Member States, has set up an EU-wide system to ensure interoperability – a so-called ‘gateway'. After a successful pilot phase, the system goes live today with the first wave of national apps now linked through this service: Germany's Corona-Warn-App, Ireland's COVID tracker, and Italy's immuni. Together, these apps have been...

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Chapter News

2021 EU Commission work programme – from strategy to delivery

Today, the Commission adopted its 2021 work programme, designed to make Europe healthier, fairer and more prosperous, while accelerating its long-term transformation into a greener economy, fit for the digital age. It contains new legislative initiatives across all six headline ambitions of President von der Leyen's Political Guidelines and follows her first State of the Union Speech. While delivering on the priorities set out in this work programme, the Commission will continue to put all its efforts into managing the crisis, and into making Europe's...

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Chapter News

EU at the 2020 Annual Meetings of the IMF and the World Bank

Several senior EU representatives are participating to the 2020 edition of the Annual Meetings of the World Bank and the International Monetary Fund (October 5-23), which are held virtually due to the COVID-19 pandemic. European Commission Executive Vice President Valdis Dombrovskis speaks at two high-level climate and sustainable finance events. On October 12, he joined the Fourth Ministerial-Level Meeting Coalition of Finance Ministers for Climate Action. He will also speak alongside IMF Managing Director Kristalina Georgieva and other counterparts at the event...

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Member News

ACG Resources | The Power of Executive Search

Executives depend on the quality of their people to achieve their corporate and personal career goals. It is an old adage – and a true one – that the best jockey cannot win races if he only rides slow horses. A better understanding of the skills and abilities of executive recruiters will enable any manager to greatly increase the quality of his hiring decisions, and thereby enhance his own career! Some managers are aware and take full advantage of the...

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Member News

IPTI | Update on Property Tax Issues: October 2020

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). USA New York: NYC’s Revenue Loss Less Than Feared as Property Taxes Gain New York City’s tax revenue from March through August fell by $1.2 billion, or 3.5%,...

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Chapter News

IMF | A Leap Forward on Cross-Border Payments

When paying for coffee, we swipe, tap, wave, and soon may wink—a quick and painless exchange of coffee for money. But when paying for imports or sending remittances, we often fill-out forms, wait for days, and pay—too much. Progress to improve cross-border payments has been slow, but is just about to take off. That is how history evolves—one small step at a time, until it suddenly leaps forward. The confluence of new technologies and renewed determination among policymakers are making significant...

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Chapter News

European Council conclusions on COVID-19 and climate change, 15 October 2020

I. COVID-19 1. The European Council assessed the current epidemiological situation, which is unprecedented and gives rise to very serious concern. 2. It welcomed the progress achieved so far on overall coordination at EU level against COVID‑19, including the recommendation on a coordinated approach to the restriction of free movement. It calls on the Council, the Commission and the Member States to continue the overall coordination effort based on the best available science, notably regarding quarantine regulations, cross-border contact tracing, testing...

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Brexit News, Chapter News

Remarks by President Charles Michel following the first working session of the European Council

Statements and remarks by President Charles Michel | 15 October 2020 First of all I would like to apologise for the absence of the President of the European Commission. At the beginning of the meeting she was informed that a person considered a ‘close contact’ had tested positive. She herself tested negative today. Nevertheless, in accordance with the national rules, she has decided to self-isolate. We have had the opportunity today to hold a debate as planned on the future relationship...

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Member News

Houthoff | Upcoming FDI screening mechanism in the Netherlands applies to all acquiring parties

Earlier this year, we published a news update that discussed the Minister of Economic Affairs' plans to implement a new ex-ante screening mechanism for investments in companies involved in vital processes or working with sensitive technologies in the Netherlands. On 8 September 2020, the bill setting up this ex-ante screening mechanism, the Economy and National Security Bill (the "ENSB"), was published for consultation. In this update, we provide an overview of the new rules, which are expected to enter into force in early 2021. The timing...

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