Chapter News

10 Years Since the Start of the Crisis: Back to Recovery Thanks to Decisive EU Action

The global financial crisis began 10 years ago and led to the European Union’s worst recession in its six-decade history. The crisis did not start in Europe but EU institutions and Member States needed to act resolutely to counter its impact and address the shortcomings of the initial set-up of the Economic and Monetary Union. Decisive action has paid off: today, the EU economy is expanding for the fifth year in a row. Unemployment is at its lowest since...

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Brexit News, Member News

Boardroom Brexit: The latest Information Business Needs to Know

There has been a lot going on in recent months; the UK general election, the start of formal Brexit negotiations, and the unofficial launch of Britain's independent trade policy at the World Trade Organisation in Geneva. With so much activity it's often hard for businesses to cut through to the real issues. DLA Piper's Boardroom Brexit is a key client briefing which breaks down recent developments into what businesses need to know, and recommended actions that senior management teams can...

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Member News

Employees in Other Countries Excluded from Elections to German Supervisory Boards

Since the Berlin Higher Regional Court had referred the question to the European Court of Justice (ECJ) in October 2015 of whether it was compatible with EU law regulations that only the workers employed in Germany are eligible to participate in the election of the workers' representatives on the supervisory board, the legal sector has been eagerly looking to Luxembourg and awaiting an answer from the ECJ.  The answer is now available and is likely to allow the legal sector to...

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Member News

Final Regulations Clarifying and Expanding New York City “Ban the Box” Law Take Effect on August 5, 2017

New York City’s Fair Chance Act (FCA), which took effect October 27, 2015, imposes affirmative obligations on covered employers and employment agencies regarding when they may conduct criminal background checks on job applicants, and what process must be followed before making an adverse decision on the basis of an applicant’s criminal history.  It is one of the nation’s most comprehensive "ban the box" laws restricting employers’ use of criminal history in the employment process.1  The New York City Commission...

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Chapter News

Alexander Stubb is new Vice-President of the European Investment Bank

Alexander Stubb has been appointed Vice-President and Member of the Management Committee of the European Investment Bank (EIB). He takes up his duties today, succeeding Jan Vapaavuori, who had tendered his resignation in June. Mr Stubb, a Finnish national, was appointed by the EIB’s Board of Governors on a proposal from the Finance Minister of the Republic of Finland and with the agreement of the shareholder constituency formed also by Austria, Estonia, Latvia, Lithuania and Sweden. In the Bank’s Management Committee,...

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Brexit News, Member News

Weekly Vulcan View: EU Developments

KEY EVENTS THIS WEEK: BREXIT   Short-lived UK cabinet unity on transition deal crumbles as calls to end free movement after Brexit re-emerge   Any hope held by the EU27 capitals last week that the British government was finally beginning to come to an agreed consensus of a post-Brexit transition deal were quickly dashed over the past few days as various ministers and Downing Street itself committed to ending the free movement of EU citizens after Brexit. According...

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Member News

USCIS Reopens H-1B Premium Processing for Institutions of Higher Education and Other Cap-Exempt Petitions

  On March 3, 2017, U.S. Citizenship and Immigration Services (USCIS) unexpectedly announced that it would temporarily suspend its premium processing service for all H-1B petitions received on or after April 3, 2017. The premium processing program allows a petitioner to receive a decision on its case within 15 calendar days in exchange for payment of an additional government filing fee to USCIS. In the initial announcement, USCIS indicated that the suspension could remain in effect for up to six...

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Member News

EU Regulators Issue an Updated Opinion on Processing Data in the Workplace

  Authors: Grant D. Petersen (Tampa), Simon J. McMenemy (London), Hendrik Muschal (Berlin) On June 29, 2017, the Article 29 Working Party (the EU body representing the data protection authorities (DPA) of each EU member country) issued an updated opinion regarding the processing of personal data in the workplace. Recognizing that employers are rapidly adopting new information technology, the opinion updates the Working Party’s 2001 opinion regarding processing data in the employment context and 2002 opinion regarding the surveillance of electronic communications in the workplace. Additionally, the...

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Chapter News

European Commission President Juncker: New US sanctions on Russia only after consultation of allies

In the wake of Donald Trump signing off on stricter US sanctions against Russia, the Commission President Jean-Claude Juncker expressed his satisfaction, in principle, over the softening of the bill after the EU had expressed its concerns. "I stated at the G7 summit in Taormina, Italy, and at the G20 summit in Hamburg, Germany, that if the Americans proceeded , we would be ready to react adequately in a matter of days. As a result, a significant proportion of the...

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Member News

Consulate General of Switzerland: Summer 2017 News

Wins and Updates Estée Lauder, the American cosmetics company, is expanding its presence in the canton of Schwyz. Its goal is to centralize its regional supply chain in Wollerau creating up to 160 new jobs. (more) Iowa based Principal Global Investors is opening an office in Zurich as part of its European expansion. The fund already has branches in London, Amsterdam and Munich. (more) Maxwell Technologies, the high-voltage capacitor manufacturer based in San Diego CA, is planning a 30% expansion of its Rossens...

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