19 Jun
Member News

Importing and exporting rules and regulations in Poland

By TMF Group  Importing and exporting in Poland can be simple or full of regulation, and it all depends on where you are in the world. One of the fastest-developing countries in the European Union (EU), and ranked as the 27th easiest country for business by the World Bank, Poland is a sought-after export destination for many foreign investors. Likewise, its highly-educated and worldly population of more than 38 million consumers drives high demand for imports, both from within and outside...

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15 Jun
Brexit News, Member News

The weekly Vulcan View for the 11th to the 15th of June featuring analysis of the latest EU developments

KEY EVENTS THIS WEEK: G7 SUMMIT  US Diplomacy in Despair after Trump’s Reversal on Negotiated CommuniquéUS President Donald Trump disregarded weeks of diplomatic efforts, alienating his traditional allies and six of the strongest global economies, after descending into a flurry of tweets criticizing Canada and Europe as he left the G7 summit last weekend. Tensions were already high in the days leading up to the summit between the world’s largest economies due to the White House’s imposition of steel and aluminum...

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14 Jun
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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13 Jun
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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13 Jun
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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13 Jun
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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13 Jun
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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13 Jun
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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13 Jun
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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12 Jun
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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