Chapter News

Parliament sets out its vision for the future of Europe

If the EU is to boost its capacity to act, restore citizens’ trust and make the euro zone economy more resilient to outside shocks, it needs to make full use of the Lisbon Treaty. But to go further, it needs to reform itself more fundamentally. This was the key message of three resolutions exploring the future development of the European Union approved by Parliament on Thursday. The first resolution, drafted by Mercedes Bresso (S&D, IT) and Elmar Brok (EPP, DE)...

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Member News

Wednesday’s Activity: Equities Keep Rolling; CMBX Volatility Tapers

US stocks continued their recent run as the rally extended to a fifth day. Equities were helped by President Trump's reiteration that a "massive" tax cut was in the works. The Dow moved up another 107 points (0.52%), while the S&P 500 added 0.50% and the Nasdaq jumped 0.64%. All three major indexes hit all-time highs for the fifth straight session, which hadn't happened since 1992. Retail sales data beat expectations yesterday, while CPI rose by the largest amount in...

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Member News

U.S. Customs and Border Protection Reviewing Liquidated Damages Cases Issued for Late and Non-Payment of Duty

During discussions with U.S. Customs and Border Protection, officials noted that recent liquidated damages cases assessed for late or non-payment of duty may have been issued in error. According to CBP, a technical error arose in the agency’s internal computer system during the recent migration to the Automated Commercial Environment. This error caused CBP’s internal software to reflect inaccurate release dates that in some cases generated erroneous dates of entry and affected the duty payment deadline. Liquidated damages cases were...

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Member News

Healthy Vision and Global Mandates for Safer Roads

This year promises to be great at the Vision Impact Institute (VII), and I am humbled and honored to now be leading such an amazing organization. The past two years have brought tremendous growth to the VII and to the conversation around refractive error. Global discussion has significantly increased around  vision health, specifically as it relates to academic performance, drivers’ safety and regulations, workplace productivity and even the independence of our world’s elderly.  Together we are making a difference! Last...

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Chapter News

Alexander Van der Bellen: “The European idea is worth the effort”

Austrian President Alexander Van der Bellen held a passionate speech in favour of the EU at the European Parliament and said the challenges facing Europe could only be tackled together. Van der Bellen was addressing MEPs in Strasbourg on 14 February as part of his first official foreign trip. During the speech he said: “The European idea is great. It is unique. It is worth all the effort." Parliament President Antonio Tajani welcomed the Austrian president and said: "Twenty years...

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Member News

Temporary Restraining Order Halts the Executive Order Suspending the Entry of Immigrants and Non-Immigrants from Seven Countries

UPDATE: On February 9, 2017, a Ninth Circuit panel upheld the restraining order against President Trump’s travel ban.  On February 3, 2017, federal Judge James Robart issued a temporary restraining order (TRO) halting President Trump’s January 27, 2017, executive order (the “Order”) entitled, Protecting the Nation from Terrorist Entry into the United States by Foreign Nationals. The Order suspended entry into the United States for immigrants and non-immigrants from Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen (“affected countries”) for at...

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Member News

CSSF press release and ESMA’s opinion on share classes of UCITS

Today, the Commission des Surveillance du Secteur Financier (CSSF) published a press release to confirm that it expects all Luxembourg UCITS to comply with ESMA’s opinion on UCITS share classes (the Opinion). Share classes that are not compliant with the Opinion, but established prior to 30 January 2017 should be closed for subscription by new investors by 30 July 2017 at the latest, and for additional investment by existing investors by 30 July 2018 at the latest. New share classes of...

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Member News

AIG is looking for a Cyber-Risk-Engineer (w/m) in Germany

Standort: Deutschlandweit AIG ist ein weltweit führendes Versicherungsunternehmen in den Bereichen Sach- und Haftpflichtversicherung sowie allgemeine Schadenversicherung mit weltweit über 40 Millionen Versicherungsnehmern in mehr als 160 Län­dern und Jurisdiktionen. AIG verfügt über eine mehr als 90-jährige Erfahrung, eine der größten Produkt- und Ser­vice­paletten in der Versicherungsbranche, umfassende Fachkompetenz im Schadenbereich und eine aus­ge­zeich­nete finanzielle Ausstattung. Damit ermöglicht AIG sowohl seinen Geschäfts- als auch seinen Privat­kun­den eine erfolgversprechende Bewältigung ihrer Risiken. In der Position des Cyber-Risk-Engineers (m/w) analysieren Sie als Sachverständiger...

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Chapter News

Winter 2017 Economic Forecast: Navigating through choppy waters

All EU Member States' economies set to grow in 2016, 2017 and 2018 © European Union 2017 Having proven resilient to global challenges last year, the European economic recovery is expected to continue this year and next: for the first time in almost a decade, the economies of all EU Member States are expected to grow throughout the entire forecasting period (2016, 2017 and 2018). However, the outlook is surrounded by higher-than-usual uncertainty. Real GDP in the euro area has grown for...

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Chapter News

CO2 cuts: finding the right balance between protecting trade and fighting climate change

MEPs vote this week on plans to reform the EU's emissions trading system (ETS), a scheme set up to help reduce greenhouse gases, which is not not working as expected. Although the EU is the world's third largest CO2 emitter, it also harbours the most ambitious climate target: to cut emissions by at least 40% by 2030 compared to 1990 levels. The plans voted on in Parliament this week should help achieve this target while maintaining Europe’s industrial competitiveness. Launched...

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