06 Dec
Member News

No HSR Filing Means No Antitrust Issues? Think Again!

My transaction does not require an HSR filing. That means we don’t have to worry about potential antitrust issues, right? WRONG. The HSR Act requires that parties to certain transactions submit a premerger notification filing to the Department of Justice Antitrust Division (DOJ) and Federal Trade Commission (FTC), and then observe a waiting period before closing. Any transaction valued in excess of the HSR threshold – currently $90 million – may require an HSR filing and expiration of the HSR...

Read more

06 Dec
Member News

Vulcan Insight Analysis of the Latest EU Developments 02 – 06 December 2019

Tories on course to defeat Labour  With less than a week to go to polling day, the UK’s political parties tried to avoid any last minute missteps this week. Voters are stuck between a rock and a hard place as Prime Minister Johnson is leading the most unpopular new government on record, and Jeremy Corbyn the most unpopular leader of the opposition. While Labour continue to gain ground, the Conservatives are still holding a comfortable lead, with electoral predictions putting...

Read more

05 Dec
Member News

USAM Group Adds Powerhouse Fintech Duo to Client Roster

USAM Group, a global team of enterprise sales and marketing professionals that matches financial institutions with best-of-breed solutions from advanced information and technology vendors, is pleased to announce the addition of two complementary offerings to its rapidly growing roster of fintech solutions: HeliumTM by Levyx is system-level data processing software that delivers unparalleled capacity, automatic persistence, and incredible speed, all while using any standard hardware. Neueda is a data technology and integration specialist with extensive capital markets expertise and...

Read more

05 Dec
Member News

Binding Gender Quota for Listed Companies

On 3 December 2019, a motion was carried asking the government to require listed companies to have at least 30% female members on their supervisory board. The proposed binding quota is based on earlier recommendations of the SER. The government is not obliged to implement the motion. However, it was the government which asked the SER for its opinion on this subject, and the final report is the result of extensive consultation between trade unions, employers and independent experts. There appears...

Read more

05 Dec
Chapter News

EMIR RTS on Various Amendments to the Bilateral Margin Requirements and Joint Statement on the Introduction of Fall-backs in View of the International Framework

The European Supervisory Authorities (ESAs) published today joint draft Regulatory Technical Standards (RTS) to amend the Delegated Regulation on the risk mitigation techniques for non-cleared OTC derivatives (bilateral margining) as well as a joint statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. BothRTS and the statement were developed to facilitate further international consistency in the implementation of the global framework agreed by the Basel Committee on Banking Supervision (BCBS) and the International Organisation...

Read more

05 Dec
Member News

Big Tech Firms Entering Banking: Be Careful What You Wish For

Big tech firms, whether entering or already active on payments markets, are under scrutiny. PSD2 has opened up the payments markets to non-bank companies, but this comes with both risks and opportunities. EU regulators are examining anticompetitive risks, for example the possibility of leveraging a strong position in one market into another market. Competition, innovation, privacy and security for financial transactions will all be hot topics as scrutiny increases on providers of payment services. The message remains as vital as...

Read more

05 Dec
Member News

New Section 301 Duties Proposed for Certain French Products

The Office of the U.S. Trade Representative has determined that the Digital Services Tax that will be imposed by France is unreasonable or discriminatory and burdens or restricts U.S. commerce. As a result, the Section 301 committee will hold hearings to determine which products from France may be subject to additional duties of up to 100% of the dutiable value to compensate for this action by France. The 63 tariff subheadings that have been identified as candidates for this...

Read more

04 Dec
Member News

Thompson Hine Welcomes Joan E. Meyer

Thompson Hine LLP is pleased to announce Joan E. Meyer has joined the firm as a partner in the White Collar Criminal Practice, Internal Investigations & Government Enforcement practice group Joan has more than 25 years’ experience handling complex criminal and civil litigation, primarily domestic and international white-collar defense for companies involving anti-corruption, financial frauds, government contracting, false claims, securities and commodities violations, and trade compliance matters. She has tried scores of cases at the state and federal levels and...

Read more

04 Dec
Member News

Virtual Currency: The Taxman is Coming

By Alan Winston Granwell, Andrea Darling de Cortes, and Alexander R. Olama of Holland & Knight LLP Virtual currency transactions are now a prime focus of Internal Revenue Service (IRS) scrutiny. The IRS has numerous information-gathering tools to enforce its taxing power, including summons, artificial intelligence, data analytics, whistleblowers and even a taxpayer's social media. The takeaway from the IRS focus on this area is that individuals should properly report and pay tax on virtual currency transactions or prepare to pay back...

Read more

04 Dec
Chapter News

The Working Methods of the von der Leyen Commission: Striving for More at Home and in the World

Today the von der Leyen Commission revealed its working methods which will be the basis for the new College to deliver on the President's Agenda for Europe during the next five years. They put collegiality, transparency and efficiency first. The Working Methods introduce a number of novelties to the way the Commission works, notably with regards to the role of the Executive Vice-Presidents, the High Representative/Vice-President, the Vice-Presidents and Commissioners' Groups. They also set up a new body for coordinating external relations...

Read more

«‹522523524525526›»