Member News

Fintechs deals set to surge over next two years, survey finds

A White & Case survey finds conventional financial institutions are becoming more proactive in their investments to Fintech players. Most financial institution executives in the U.S., Europe, and Asia Pacific expect to invest in financial technology players within the next two years in a quest for speed, efficiency and security, a survey by White & Case LLP found. Of the 150 senior financial sector executives the New York-based law firm surveyed, 95% said they expect to invest in a fintech deal...

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Chapter News

U.S. Secretary of Commerce Penny Pritzker Statement on the Release of New Cybersecurity Report and Recommendations

U.S. Secretary of Commerce Penny Pritzker issued the following statement on today’s release of the Commission on Enhancing National Cybersecurity’s (Commission) Report on Securing and Growing the Digital Economy.  “Our society faces a moment of reckoning regarding the security of the networks and devices we depend on in our lives and our work,” said Secretary Pritzker. Today’s report provides a path forward for government, the commercial sector, consumers, and educators to address the challenges before us. The Commission’s recommendations emphasize...

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More than 100 countries conclude the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

Introduction Last November, more than 100 countries (including the Netherlands) concluded the negotiations for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "Convention"). The Convention is the outcome of OECD Base Erosion and Profit Shifting ('BEPS') Action 15 (a mandate for the development of a multilateral instrument on tax treaty measures to tackle BEPS) and is essential in implementing the outcome of certain OECD BEPS Actions in the more than 3,000...

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Member News

The new Dutch Corporate Governance Code in a nutshell

On 8 December 2016 the Dutch Corporate Governance Code Monitoring Committee published the revised Corporate Governance Code. The new Code will take effect on 1 January 2017, which means that management reports for the year 2017 will have to comply with its provisions. The changes will require for many companies to amend their rules governing their supervisory board ("SB"). We are in the process of drafting standard rules which meet the new Code's requirements and will make this available to...

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Chapter News

25th anniversary of the Maastricht Treaty – speech by President Juncker

Today, President Juncker gave a speech to students on the occasion of the 25th anniversary of the Maastricht Treaty. He spoke of the Treaty's achievements and called for more unity, structured cooperation and defence of our common achievements in the future. Today European Commission President Jean-Claude Juncker gave a speech to students at the University of Maastricht on the occasion of the 25th anniversary of the Maastricht Treaty. He spoke of the Treaty's achievements in creating the Economic and Monetary Union. Looking...

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Member News

Euro Mover: Forshaw seeks new challenge at Houlihan Lokey

After a quarter of a century at Deutsche Bank, sub-investment grade debt specialist Anthony Forshaw says he's looking to work more closely with clients at Houlihan Lokey in London Anthony Forshaw's departure from Deutsche Bank AG (DB) after 25 years rising up the ranks had nothing to do with CEO John Cryan's sweeping reorganization of the German investment bank. Instead, when he left to join Houlihan Lokey Inc. (HLI), as a managing director in the capital markets group in London,...

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Chapter News

Introductory comments by Michel Barnier

Good morning to all of you. I am very happy to be here with you today for a short press briefing. My goal today is to explain what we have done so far, and the spirit in which the Commission prepares itself. All of you will understand that it is too soon to talk today about the details of Brexit. At the end of July, President Juncker appointed me as the Commission's Chief Negotiator for the preparation and conduct of the negotiations with...

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Chapter News

Europe must lead the way

First Brexit, then the election of Donald Trump as the new US President: right now, the world economy is in total disarray. Even though – according to IW foreign predictions forecasts – the global growth rate is set to increase slightly in the coming year, there is still a lot to do – especially for Europe. At first glance, the current IW forecast for the global economy does not look too bad at all. This year gross domestic product is set...

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Member News

GRANITO returns from Macerata

GRANITO's team, including its CEO, recently returned from Macerata, the beautiful city in the south of Italy affected by several earthquakes. In Macerata, at the Bellisario Foundation conference of more than 200 professional women, managers and entrepreneurs, GRANITO's CEO spoke on the topic of women leadership, its perception, management and promotion abroad. The speech focused on illustrating alternative "business models" that can be used to endorse the promotion of gender equality in various work environments. GRANITO welcomes, once again, women and companies...

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Chapter News

The impact of the legal and operational structures of euro-area banks on their resolvability

Following the financial crisis, the question of how to handle a big bank’s collapse has come to the fore. This Policy Contribution evaluates the obstacles to resolvability that the legal and operational structures of the large euro-area banks could pose to the European Union’s new resolution regime. In the aftermath of the financial crisis, the question of how to handle a big bank’s collapse has arisen. Large banks perform functions that if disrupted could seriously damage the financial sector and...

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