Member News

Publication: New Economy

Rapid developments in technology, regulation and politics are changing the way organisations do business and we can expect more changes to come in the years ahead. These pose some interesting questions. How should businesses react in such uncertain times? How can policymakers create the right environment to help them to flourish? In simple terms, what should Britain’s post-Brexit economy look like? A new economy is needed. One which makes the most of Britain’s talents, skills and entrepreneurialism across the entire...

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Chapter News

IN2NYC Applications Now Available Online

Applications for the IN2NYC program are now available on the program website. Prospective participants can submit their applications now through May 3, 2017.In its inaugural application round, the program received one hundred forty four applications from around the globe. Visit the IN2NYC website to learn more about the program and apply! APPLY NOW Compliments of IN2NYC

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Chapter News

ESMA SEES HIGH MARKET AND VALUATION RISK AMID SUBSTANTIAL POLITICAL AND POLICY UNCERTAINTY

The European Securities and Markets Authority (ESMA)’s latest report on Trends, Risks and Vulnerabilities No. 1, 2017 (TRV) identifies political and policy uncertainty – such as potential repercussions from the upcoming elections in some EU Member States – as the main risk drivers for 2017. Risks in the markets under ESMA remit remained at high levels, reflecting very high risk in securities markets, and elevated risk for investors, infrastructures and services. Therefore, ESMA’s overall risk assessment remains unchanged: market and...

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Chapter News

Successful action against international money laundering network: France, Eurojust and Europol

The initial results of a preliminary investigation carried out by the French National Financial Public Prosecutor's Office, commenced in September 2015, has revealed a vast and complex money laundering network in six Member States (Denmark, Germany, Estonia, Spain, Latvia, Lithuania) and in the offshore financial centres outside Europe (Hong Kong, Singapore). An alert issued by the French Financial Intelligence Unit (TRACFIN) and a complaint by the Directorate General of Public Finance (DGFiP) led to the investigation, assigned to the Central...

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Chapter News

IMF Managing Director Christine Lagarde Calls for Global Cooperation and Strong Policies to Sustain the Growth Momentum

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors Meeting in Baden-Baden, Germany: “Our meeting showed once again that the G20 provides a critical platform for major economies to work together within an established framework. We met at a time when growth is gaining momentum around the world and there are signs that the global economy has reached...

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Member News

Hawaii District Court Applies the Brakes to Second Version of President Trump’s Immigration Travel Ban

On Wednesday, March 15, 2017, the U.S. District Court for the District of Hawaii issued a temporary restraining order (TRO) blocking implementation of key portions of the second version of the executive order (EO) issued by President Donald Trump banning entry into the United States by nationals of six designated countries: Iran, Libya, Somalia, Sudan, Syria, and Yemen. President Trump issued the revised EO on March 6, 2017 in an effort to avoid the issues that had led a...

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Chapter News

The EU in 60 seconds

On 25 March EU leaders will gather to celebrate 60 years since signing of Treaties of Rome: A moment to reflect, celebrate our values and look forward to the future of the EU with 27 Member States.   The European Union celebrates its 60 anniversary with a video showcasing some of its accomplishments condensed into 60 seconds.  Watch the video here or by clicking at the image above: EU60in60 seconds - time-lapse video Sixty years ago in Rome, the foundations were laid for...

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Member News

A Recognized Leader – WSGR

2016 Highlights We are pleased to present WSGR’s 2016 Highlights, a compilation of select accomplishments achieved on behalf of the firm’s clients and representative examples of our commitment to our communities, philanthropy, diversity, and pro bono work. As in previous editions of our annual highlights, we have tried to share as broad a range of practices and successful matters as possible, knowing we simply cannot include all the remarkable happenings that have transpired in the past year. While we reflect on...

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Chapter News

Maintaining the Positive Momentum of the Global Economy

Baden-Baden, the German spa town built on ancient thermal springs, is a fitting venue to discuss the health of the global economy during this week’s meeting of the Group of Twenty finance ministers and central bank governors. Policymakers will likely share a sense of growing optimism, because the recent strengthening of activity suggests that the world economy may finally snap out of its multi-year convalescence.  Economic prescriptions have played an important part in the recovery, and will continue to do so...

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Chapter News

Keeping EU consumers safe – online marketplaces join efforts to remove dangerous products from EU market

Today, the European Commission presented its latest report on the Rapid Alert System for dangerous products. In 2016, the system was more actively used by national authorities, who removed more dangerous products from stores. However, more and more of the dangerous products notified in the Rapid Alert System are sold on online platforms. This is why the Commission has stepped up its cooperation with Amazon, Ebay and Alibaba to tackle more actively potentially unsafe or non-compliant products from their websites...

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