Member News

Noerr | European Commission: Proposal for simplification of GDPR record-keeping obligations of organisations with fewer than 750 employees

The European Commission has introduced a new package to simplify rules and reduce bureaucracy across the Single Market. Inter alia, this package aims to simplify record-keeping obligations of Small and Medium-sized Enterprises (SMEs), small mid-caps (SMCs) and organisations with fewer than 750 employees. According to the Commission’s recent proposal, the GDPR obligation to maintain records of processing activities (RoPA) (Article 30 GDPR) shall not apply to an enterprise or an organisation employing fewer than 750 persons unless the processing it carries out is likely...

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Member News

Osborne Clarke | Important EU and UK regulatory updates for US businesses

As early summer approaches, we wanted to highlight several critical regulatory developments that require attention from US businesses operating in European markets. Our international team has been closely monitoring these changes to help you navigate the evolving compliance landscape. The UK's Economic Crime and Corporate Transparency Act (ECCTA) introduces new compliance challenges that could affect US businesses with UK connections. Simultaneously, the rise of artificial intelligence technologies is reshaping the approach to trade-secret protection in Europe, requiring fresh strategies...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Demystifying VAT, Duties, and Tariffs: The Trade Taxes Reshaping Global Commerce

By Noa Sussman, Director of Global Solutions, TECEX In today’s increasingly fragmented and protectionist global economy, few areas are more misunderstood — yet more impactful — than trade taxes. Terms like VAT, duties, tariffs, and more recently, duty drawbacks, are often lumped together or misused entirely, even in strategic discussions. But make no mistake: these taxes are no longer just regulatory details relegated to customs departments or accounting teams. They have become strategic levers, influencing sourcing decisions, pricing models, and executive-level trade...

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Chapter News

European Commission | A simpler Single Market to make companies choose Europe

Today, the European Commission has presented a Single Market Strategy to create a more simple, seamless and strong European home market. The Strategy sets out bold actions to reduce existing barriers holding back intra-EU trade and investments, helps SMEs to operate and scale up their activities, and alleviates businesses by boosting digitalisation. The Strategy calls on Member States to do their part in making the EU market the best choice for companies, workers and consumers. In today's world, marked by economic volatility...

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Chapter News

IMF | Fostering Core Government Bond Market Resilience

Policymakers should broaden central clearing and monitor market-making, including by nonbank financial institutions, while dealers must continue to build resilience Blog post by Tobias Adrian, Kleopatra Nikolaou, Jason Wu | The smooth functioning of government bond markets is important for the safety and soundness of broader capital markets, especially amid heightened financial market volatility. Bond markets recently adjusted sharply to an abrupt re-assessment of the global macroeconomic environment and elevated trade policy uncertainty. Government bond market functioning demonstrated resilience despite very high volatility,...

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Member News

EIB | President Calviño: Bigger, Faster, Simpler

EIB Group President Nadia Calviño speaks at the Annual EU Budget Conference 2025. It’s thrilling to be back home and to see so many friends, so many experts, so many people that are passionate about the European budget and the multiannual financial framework. And I'm not surprised that this conference is year after year gathering so much interest, particularly at this point in time, obviously, because the European budget is the backbone of the European Union. But being ex-director general for...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | The Impact of Trump’s Tariffs on Private Equity Firms, Portfolio Companies

While tariff policy changes present challenges, they also offer opportunities for strategic acquisitions and operational improvements. Changing tariffs are dramatically reshaping mergers and acquisitions (M&A) and private equity (PE) transactions. As companies and investors strategize their growth and exit plans, understanding the interplay between international trade policy and deal dynamics is critical. The uncertainty surrounding tariffs is leading to a more cautious approach in mergers and acquisitions. Deals are taking longer to close, with extended due diligence periods and more stringent conditions....

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Chapter News

European Commission | Speech by President von der Leyen at the Annual EU Budget Conference 2025

“Check against delivery” Minister Cuerpo, Commissioner Serafin, Ladies and Gentlemen, It is a pleasure to be here with you today, in the company of so many distinguished thinkers and experts. Jacques Delors famously said that no one falls in love with a Single Market. And at the start of my first mandate, I thought that must also be true of our budget. But in these years, I have learnt that our budget is much more than a set of funds and rules. Because...

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Chapter News

IMF | Making the Multiannual Financial Framework Fit for Purpose

Opening Remarks by Alfred Kammer, IMF European Department Director, for the Annual EU Budget Conference Thank you for the opportunity to join this important discussion today on the EU budget. Europe stands at a transformative crossroads. The global environment is increasingly complex, and structural changes are reshaping the foundations of European economies. The challenges before us are significant: strengthening productivity and resilience amid demographic aging and rising geopolitical and trade tensions while increasing defense spending in a fiscally sustainable way, and...

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Member News

Belvoir Wealth Management | Quarterly Investment Outlook

Despite numerous challenges, the world economy has displayed remarkable resilience, with global growth still projected to reach 2.8% in 2025, similar to 2024. This stable development has been underpinned by slowing inflation, softening commodity prices, and monetary easing in most countries. However, these positive trends face headwinds from ongoing conflicts, geopolitical tensions and trade restrictions. Overall, the global economy is set to grow below the pre-pandemic average of 3.2% in coming years, reflecting ongoing structural challenges such as subdued...

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