Member News

Global Capital Confidence Barometer, 18th edition – Technology highlights

Our Global Capital Confidence Barometer shows 52% of technology executives expect to pursue M&A in the next 12 months. Maintaining the optimism from late 2017, this edition of the Capital Confidence Barometer (CCB) shows that tech sector executives are still projecting a strong M&A outlook for 2018. Overall, 52% of tech executives said they expect to pursue acquisitions within the next 12 months, compared with 57% a year ago. While slightly moderated, dealmaking intentions remained well above the 44% average since 2010,...

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Chapter News

EU Stands Behind G7 Joint Communiqué

Following their summit in Charlevoix on June 8-9, G7 leaders adopted a joint communiqué affirming their commitment to fight trade protectionism and to reform the World Trade Organisation among many other commitments (read the full text here). The EU, represented by President Donald Tusk with President Jean-Claude Juncker, reaffirmed its strong commitment to implement the Paris climate agreement, along with France, Germany, Italy, Japan, and the UK. Despite President Trump's refusal to sign the joint communiqué, the EU stands behind the final...

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Member News

Employment in Europe | What do you need to know?

By Osborne Clarke For US businesses looking to expand into Europe, understanding local employment laws is a key priority, but getting to grips with the paperwork can be complex. Failure to take account of the differences in local laws and HR practices can lead to costly mistakes and adversely impact on your business and your staff. With a focus on the UK and Spain, here are our top tips on how to get the key documents right. Where to start The first point to...

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Chapter News

President Juncker Statement at the G7 Summit

  G7 Summit: The European Union will continue to stand up for the international rules-based multilateral system  European Commission President Jean-Claude Juncker and European Council President Donald Tusk represented the EU at the G7 Summit in Charlevoix, Canada. G7 leaders committed to fight trade protectionism and to reform the World Trade Organisation and urged Russia to end its actions undermining democracies and its support of the Syrian regime. They also called for the denuclearisation of the Korean peninsula and of Iran. Leaders vowed to work together to achieve inclusive...

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Member News

ING and AXA announce digital partnership to build a global insurance platform

  ING and AXA announced today an exclusive, long term, multi-country bancassurance partnership to provide insurance products and related services through a central digital insurance platform. Under the partnership, ING will bring to bear its leading digital banking experience and AXA its expertise in innovative modular insurance products and services, offering property & casualty (P&C), health and protection insurance solutions to ING customers in six of its Challenger markets: Germany, Australia1,   Italy, France, Czech Republic and Austria1.  ING and AXA teams will together develop...

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Brexit News, Chapter News

Brexit Negotiations: EU releases infographic outlining the ‘Protocol on Ireland/Northern Ireland’

The EU has produced a graphic outlining its ' visual summary of the 'Protocol on Ireland/Northern Ireland', which is part of the draft Withdrawal Agreement published on 19 March 2018. The graphic outlines how the European Commission sees its backstop position working to prevent a hard north-south border. For more information, and to download the info graphic, click HERE  Compliments of the European Commission 

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Member News

Tradewind Provides €2 Million Post Shipment Finance Facility to Leading Turkish Seafood Company

Tradewind has provided a €2 million post shipment finance facility to a leading Turkish seafood company that exports to countries around the world. With Tradewind’s assistance, the client was able to purchase new production plants abroad to better reach its customers in North and South America. The client decided on Tradewind’s financing solutions because they covered the crucial cost of feed and accommodated the critical period of 13-14 months it took for the fish to reach their portion size. Tradewind...

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Member News

MiFID 2 and its distinctive Luxembourg features

By Océane Girard, Associate, Banking & Financial Services | Arendt & Medernach On 31 May 2018, the law on markets in financial instruments (the “2018 Law”) as well as the grand-ducal regulation relating to safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non-monetary benefits (the “Grand- Ducal Regulation”) were published in the Luxembourg official gazette. Such texts aim at implementing into Luxembourg law...

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Member News

Requirements for doing business in Italy

By TMF Group Italy is the third largest economy in the Eurozone and although its Economic growth (GDP per head) has picked up since 2014, in comparison to other European economies this pace appears weak and its debt to GDP remains at over 130%. Italy’s unemployment rate is currently 11%, down from a peak of 13.1% in 2014, but double the 2007 low of 5.8%. At the time of writing this article, law professor Giuseppe Conte is prime minister of what is referred to as “Government...

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Member News

Release of EY’s 2018 European Attractiveness Report

  EY just released  the 2018 European Attractiveness Report - the 17th edition as part of the EY Attractiveness Program.   This latest report explores foreign direct investment (FDI) in Europe and reveals an inflexion in the pace and shape of growth. The evaluation of FDI in Europe is based on an IBM analysis, as well as a survey of 500 international decision makers.   This report is published at a critical time for the future of Europe, and provides important assessments and insights...

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