Treasury and finance professionals anticipate more operational challenges in 2019 than in previous years, according to a recent survey conducted by TD Bank, America's Most Convenient Bank®, at the 2018 Association for Financial Professionals Annual Conference in Chicago, Illinois. The risk of payments fraud/cybersecurity topped professionals' list of concerns, with 44 percent naming it their top operational challenge, a 14 percent year-over-year increase. The ability to adapt to or process faster/electronic payments is an obstacle for 37 percent of survey respondents, also...

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Loyens & Loeff, a leading international law & tax firm, has attracted two new local partners in its Zurich office. Andreas Hinsen will further strengthen the Corporate / M&A practice group and focus mainly on private equity. Robin Moser will set up the Litigation & Risk Management practice in Zurich. Marco Toni, Partner Loyens & Loeff: “We are delighted to have Andreas and Robin joining the team here and further bolster our strong footprint in Zurich. Whereas Andreas’ practice is a perfect fit...

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Royal DSM, a global science-based company in Nutrion, Health and Sustainable Living informs its stakeholders that it agreed to increase its shareholding in Yantai Andre Pectin Co. Ltd. (Andre Pectin) to 75%. Andre Pectin is a leading specialty food ingredient producer. DSM acquired a 29% stake in Andre Pectin in 2013. After settling a shareholders dispute, DSM has now agreed with the other shareholders to purchase an additional 46% stake in Andre Pectin for a consideration of about €150 million. This...

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The new month is beginning with the US dollar at the lower end of its recent ranges against several of the major currencies, and at a couple month lows against the dollar-bloc currencies.  The key question is whether the dollar is truly breaking lower, perhaps encouraged by the Federal Reserve's pivot to a neutral stance.   On balance, we expect the dollar to remain range-bound until later in the crosscurrents of trade, the federal government's fiscal issues of both spending...

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By Albert Knigge & Huib Lebbing | Houthoff Today, the Dutch House of Representatives approved the draft bill on Redress of Mass Damages in a Collective Action. With this bill, the options for starting collective actions will be broadened. The bill will allow claim vehicles to seek damages in a collective action. Currently, Dutch collective actions can only be used as a stepping stone towards obtaining financial compensation. Damages cannot be claimed. The draft bill also introduces a number of safeguards to...

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