25 Feb
Brexit News, Member News

Luxembourg Brexit Bill for the Financial Sector

By Ezechiel Havrenne |Jad Nader | Miryam Lassalle | Josée Weydert | Greet Wilkenhuysen On 31 January 2019, the Luxembourg finance minister introduced a bill (n° 7401) on measures to be taken in relation to the financial sector in the event the United Kingdom (the "UK") leaves the European Union (the "EU") without reaching an agreement on the final terms of its withdrawal (the "Bill"). The Bill is currently pending before the Finance and Budget Committee of the Luxembourg Parliament. In the event...

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25 Feb
Brexit News, Chapter News, News

British Foreign Secretary Jeremy Hunt spoke to POLITICO in a brief interview Thursday. Advice to Trump: Take advantage of alliances

By NAHAL TOOSI If British Foreign Secretary Jeremy Hunt could offer some advice to Donald Trump — advice he knew the U.S. president would actually take — he’d tell him to take advantage of international alliances, because “America has a lot of friends all over the world that share American values.” It’s advice that comes as Britain, on the verge of leaving the European Union, hopes to maintain the critical security and economic partnership it has long had with the United...

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25 Feb
Member News

Member Profile Series:  Eric Moore Director, Global Clearing, Broker-Dealer Services @ BNY Mellon

By Eric Moore Director, Global Clearing, Broker-Dealer Services@ BNY Mellon  Where are you from, what was it like growing up there and what brought you to NYC? I was born and raised in Dublin, Ireland. Education, sports and exposure to other cultures through our European vacations were a main focus for our family while growing up. After my formative years of education in Ireland, I completed my university studies in the U.S when I was awarded both academic and athletic scholarships to...

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25 Feb
Member News

Update on Property Tax Issues: February 2019

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 Lessons From Amazon's Decision To Cancel New York City Headquarters giving tax breaks to specific companies is a bad idea. local politics and policy can also...

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25 Feb
Member News

Privacy Wars Intensifying in 2019 What to expect and how to prepare

By Gretchen Ruck | Director | AlixPartners While 2018 will be remembered as the year when privacy and personal data became “weaponized,” 2019 could go down as the year in which the battle is fully joined and companies across industries and geographies are pulled into the fray. All companies, not just those in the tech industry or those that have suffered a customer data breach, will be forced to confront their privacy shortfalls. PRIVACY REGULATIONS ARE GAINING HEAVY DUTY AMMUNITION New laws and...

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22 Feb
Chapter News, News, Uncategorized

A Trump trade war with Europe would hurt the trans-Atlantic relationship

By Guy Verhofstadt Since the end of the World War II, Western nations have shared the belief that international trade was a virtue. While progress has too often been lethargic, in the decades since, the United States and European nations have worked together to reduce barriers to trade. This went hand in hand with a special bond between our two continents -- culturally, militarily, as a broad alliance of free nations. Together, progress has been achieved in the form of the institutions...

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22 Feb
Chapter News, News

EU Says It’s Ready to Hit Back if US Imposes Car Tariffs

By The Associated Press BUCHAREST, Romania — A European Union official says "there is full support" from member states to hit back if U.S. President Donald Trump imposes tariffs on cars and car parts. EU Trade Commissioner Cecilia Malmstrom said EU trade ministers had discussed the bloc's trading relationship with Washington during an informal meeting Friday in Bucharest. She said there were concerns about "certain aspects of the trade policy being pursued by the current U.S. administration." Trump says the U.S. is mulling tariffs...

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22 Feb
Member News, News

Trump adds fuel to potential trade tariffs

Once again Donald Trump has added to concerns for a potential trade war should no deal be reached between the European Union and the United States for tariffs on imports and exports. He is currently reviewing a report from the US Department of Commerce that analyses whether imported vehicles and auto parts pose a threat to US national security. Should this be the case Trump has 90 days to decide whether to impose tariffs which could be as high as 25%....

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22 Feb
Chapter News, News

Federica Mogherini meets with US Secretary of State Pompeo


Press Release 2/15/2019 High Representative/Vice-President Federica Mogherini met today with the US Secretary of State Michael R. Pompeo.

 They underlined the importance of transatlantic cooperation between the European Union and the United States on a wide range of foreign policy issues, including the current work towards a peaceful and democratic transition in Venezuela, the need to ensure a political transition in Syria, support to peace in Afghanistan and to denuclearisation of the Korean Peninsula ahead of the upcoming US-DPRK summit. They...

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22 Feb
Chapter News, News, Trade & TTIP Related

Economic analysis confirms significant gains from EU-US industrial tariff agreement

An economic analysis by the European Commission shows that a targeted EU-US agreement eliminating tariffs on industrial goods would increase EU exports to the US by 8% and US exports to the EU by 9% by 2033. This corresponds to additional gains of €27 billion and €26 billion in EU and US exports respectively. The European Commission has today submitted to the European Parliament and EU Member States an economic analysis on the benefits for EU and US producers and...

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