15 Aug
Member News

Boris Johnson: The last of the Mohicans

By Georges Ugeux, Chairman and CEO, Galileo Global Advisors The UK has a new Prime Minister who shares this supremacy and arrogant ideology,  inheriting the difficult task of realizing (some form of) Brexit. Who is he? Alexander Boris de Pfeffel Johnson, born in New York City’s Upper East Side, is an Oxfordian aristocrat, a political journalist turned politician. A hard-core politician who pretends to represent the people against politicians. He is probably one of the last believers in the old Imperial...

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14 Aug
Member News

Dealing with the Baggage of Language Immersion: A Closer Look at How Acculturation Aptitude can Improve Language Learning

By Justin Velten, President, Go Culture International It was completely ridiculous the first time I heard it. Of course there is a whole community of dog owners who purchase entire wardrobes of clothes for their best friends, but this was taking it to an uncharted level. The first time a colleague told me she put her anxious little dog in a tight-fitting jacket to calm him down during thunderstorms, I had to fight back the urge to reach for my pepper...

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14 Aug
Chapter News

France : Financial System Stability Assessment

Important institutional and policy changes have taken place since the 2012 FSAP. At the national level, the authorities have strengthened the macroprudential framework by establishing the High Council for Financial Stability (HCSF), enhanced monitoring of financial stability risks, prepared to manage the Brexit fall-out, introduced macroprudential measures, and taken various financial reform measures included in Loi PACTE—Action Plan for Business Growth and Transformation—and initiatives on digital finance, crypto-assets, green finance, and combating cyber risk. At the European level, significant...

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14 Aug
Member News

NY State Bans Discrimination Based on Religious Attire, Clothing, and Facial Hair

By Wendy Lario and Courteney Lario | Greenberg Traurig, LLP. On August 9, 2019, New York state amended its Human Rights Law (NYSHRL) to expressly include the workplace protection of religious attire, clothing, and facial hair. The law becomes effective in sixty (60) days, on October 8, 2019. While religious discrimination has long been outlawed under both state and federal law, this amendment makes clear that the definition of religion in New York state’s existing anti-discrimination statute includes bias against any...

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13 Aug
Member News

New York Changes the Landscape of State Workplace Discrimination and Harassment Litigation

Governor Andrew M. Cuomo signed yesterday Senate Bill S6577/Assembly Bill 8421, a law that changes the landscape of workplace discrimination and harassment litigation in New York. The law applies to all New York employers and even addresses discrimination against independent contractors. Among other significant changes highlighted in our update, the new law: Removes the requirement that individuals prove that harassment was severe or pervasive Opens the door for employers to be held liable in some cases where an individual...

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12 Aug
Brexit News, Chapter News

UK has Committed Itself to Radically Contradictory Positions on Brexit and The Belfast Agreement

By John Bruton, former Irish Prime Minister (Taoiseach) WILL UK BE ABLE TO NEGOTIATE MORE EASILY WITH EUROPE IF IT BINS THE WITHDRAWAL TREATY? The new UK Foreign Secretary , Dominic Raab, has claimed on Radio 4 that the UK would find it “easier” to negotiate  a good long term deal with Brussels , if it had first crashed out of the EU , than if it ratified the Withdrawal Treaty.  Doing this would mean binning the entire content the Withdrawal Treaty,...

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12 Aug
Chapter News

International community agrees on a road map for resolving the tax challenges arising from digitalisation of the economy

The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced. The 129 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) adopted a Programme of Work laying out a process for reaching a new global agreement for taxing multinational enterprises. The document, which calls for intensifying international discussions around two...

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12 Aug
Member News

Global Cybersecurity Risks in the Manufacturing Industry

By Norma M. Krayem |  Sr Policy Advisor - Chair, Global Cybersecurity & Privacy Policy and Regulatory Team | Holland & Knight LLP With a focus on the Fourth Industrial Revolution, attention is turning to what the future of “connected everything” means for manufacturing. Cybersecurity as a systemic risk Manufacturing has long been a foundational part of the global economy and a leader in technological innovation. In a world dominated by a focus on the Fourth Industrial Revolution, and what has been...

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09 Aug
Member News

Legal Alert to All Employers with Employees in New York State

If you are subject to the New York or California laws requiring sexual harassment prevention training, be aware that time is running out to comply with the new legal requirements.   The upcoming deadlines for training under the new laws are: NY: October 9, 2019 CA: January 1, 2020 New York State law applies to employers with any employees who work at least a portion of their time within the state. California law applies to employers with 5 or more employees. For further information...

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09 Aug
Member News

Vulcan Insight Analysis of the latest EU Developments 2 – 9 August 2019

Key Events This Week Trump doubles down on China The Trump administration heightened its trade war with China on Monday by labelling China a currency manipulator. The move came after the currency fell below 7 yuan to the US dollar for the first time since 2008. This is an extension of the downward spiral in diplomatic relations. In simplistic terms, a weaker yuan makes Chinese exports more competitive, or cheaper to buy with foreign currencies and from the US perspective, it...

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