Brexit News, Chapter News

For European renewal. Speech by Emmanuel Macron

By Emmanuel Macron, President of the French Republic Citizens of Europe, If I am taking the liberty of addressing you directly, it is not only in the name of the history and values that unite us. It is because time is of the essence. In a few weeks’ time, the European elections will be decisive for the future of our continent. Never, since the Second World War, has Europe been as essential. Yet never has Europe been in so much danger. Brexit stands as...

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Member News

Is your leadership team truly diverse?

By Fred Crawford, Managing Director, Senior Vice Chair, New York | AlixPartners I was sitting as an invited guest recently at a board meeting of a multibillion-dollar company, as AlixPartners had been retained to assist them on an important issue. As I was listening and looking around at the board members, I could see the company had done a very good job of building a diverse membership.  With regards to ethnicity, gender, and age, the board was quite balanced. Yet, as I...

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Brexit News, Chapter News, News

EIOPA and its Members agree on No-deal Brexit Memoranda of Understanding with the Bank of England and the Financial Conduct Authority

The European Insurance and Occupational Pensions Authority (EIOPA) and all National Competent Authorities (NCAs) of the European Economic Area (EEA) with competencies in insurance have agreed Memoranda of Understanding (MoUs) with the Bank of England in its capacity as the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) of the United Kingdom (UK). The MoUs take effect should the UK leave the European Union (EU) without a withdrawal agreement, the so-called "No-deal" Brexit scenario. The following MoUs were agreed: A...

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Brexit News, Member News, Trade & TTIP Related

U.S. Trade Commission Extends Public Comment Period for Trade Agreement with U.K.

By Ronald A Oleynik | Jonathan M Epstein | Antonia I Tzinova | Daniel L Burkard | Hwajeong Kim HIGHLIGHTS: The U.S. Trade Representative (USTR), pursuant to Section 131 of the Trade Act of 1974, has requested the U.S. International Trade Commission (Commission) to obtain public comment pertaining to the possibility of a duty-free trade agreement with the United Kingdom covering a range of agricultural products. As a result of the U.S. federal government shutdown that lasted from Dec. 22, 2018, until...

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Member News

Bannockburn Global Forex Update: March 2019 FX Outlook

March 2019 FX OutlookThe dollar rose against most of the major and volatile emerging markets currencies, like the South African rand, Turkish lira, and the Brazilian real in February.  The gains were mostly by default as concerns about the strength of the US economy continued to linger.  The weakness abroad, especially in Europe, seemed more profound.  Trade tensions ebbed as investors correctly anticipated an extension of the US-Chinese trade freeze, while the beginning of the EU-Japan trade agreement coupled...

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Member News

Crowdfunding Platforms Preparing for a Potential Market Turn

By Tim Casey | Trepp When property investor 10 Federal launched a $10 million fund in 2017 to invest in self-storage properties, the Raleigh, North Carolina firm hoped to raise $1 million of equity through crowdfunding platform CrowdStreet. The remainder would have to come from its existing network of high net-worth investors. But it didn't need to tap them, as it ended up raising the entire $10 million through crowdfunding. It used that capital to fund the purchase of 10...

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Brexit News, Member News

The Weekly Vulcan View For February 25th – March 1st 2019 Featuring Analysis Of The Latest EU Developments

Key Events This Week: Brexit – May delays meaningful vote and Corbyn backs second referendum amendment Prime Minister Theresa May announced a significant shift in her Brexit trajectory, committing to three days of indicative votes which will steer the course of her government’s policy approach. The PM had to delay her meaningful vote to March 12th because no legal concessions on the backstop have been achieved. Should her deal be defeated again, MPs will be asked to vote on endorsing a...

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Chapter News, News

Welcoming the new European Union Ambassador to the United States

A special welcome to EU Ambassador-Designate Stavros Lambrinidis, who begins his posting in Washington today. He most recently served as the EU Special Representative for Human Rights. Stavros Lambrinidis is the Ambassador-Designate of the European Union to the United States, as of March 1, 2019. From 2012 to February 2019, he served as the European Union Special Representative for Human Rights. In 2011, he was Foreign Affairs Minister of Greece. Between 2004 and 2011, he was elected Member of the European Parliament (MEP)...

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Member News

What to Expect in the USMCA (a.k.a. NAFTA 2.0)

By Maria Luisa Mendoza, Scott E. Diamond, David M. Schwartz | Thompson Hine On November 30, 2018, the United States, Mexico and Canada officially signed the United States-Mexico-Canada Agreement (USMCA), a proposed free trade agreement that, if approved by Congress and ratified by the governments of Canada and Mexico, would revise and modernize the North American Free Trade Agreement (NAFTA). Known as “NAFTA 2.0” during the trilateral negotiations, the USMCA is expected to be debated by the 116th Congress in the coming months as it...

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Member News

HSBC International Business Guides: France

France is Europe’s largest country and its location at the centre of the continent makes it a desirable destination for business. A skilled workforce and strong industrial base add to its attraction. Paris ranks second after Tokyo for hosting the greatest number of multinational company headquarters, with around 500 businesses making it their home city. Paris features alongside London, Hong Kong and New York as one of HSBC’s trading hubs. With over 10,000 employees, HSBC France offers banking services to...

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