Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Extortion in the Red Sea, trade tensions, the end of the de minimis rule, Vietnam’s surge in imports, and addressing supply chain challenges with automation.

The Red Sea ceasefire may not be exactly what it appears. It seems the Houthis have turned to what feels like maritime extortion. They’re now offering a “safe passage fee” for ships using a negotiation system that includes a customer service email. And presumably, if the fee isn’t paid, further demands for payment are made. Even with the ceasefire in place, insurance premiums remain high, and carriers continue rerouting vessels to avoid the region as security concerns persist. The promise...

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Chapter News

ECB | Natural rate estimates for the euro area: insights, uncertainties and shortcomings

Prepared by Claus Brand, Noëmie Lisack and Falk Mazelis Estimates of the natural rate of interest, or r*, show trends that are of fundamental significance for monetary policy, but are subject to important caveats. r* is defined as the real rate of interest that is neither expansionary nor contractionary. Measures of r* are typically constructed as an equilibrium value towards which interest rates tend to gravitate in the medium to long term, as aggregate saving and investment imbalances abate and the...

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Chapter News

OECD | Development finance needs major overhaul to achieve global goals

The gap between development financing needs and available resources could swell to USD 6.4 trillion by 2030 without a major overhaul of the financing system, according to a new OECD report. The Global Outlook on Financing Sustainable Development 2025: Towards a more resilient and inclusive architecture shows that although total external finance to developing countries reached USD 5.24 trillion in 2022, it remained significantly below the USD 9.24 trillion estimated to be required annually to achieve the 2030 Agenda. Financing needs have risen...

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Member News, Trade & TTIP Related

Vulcan View: The latest EU developments 3 February – 7 February

EU to tighten controls on imports from sites such as Shein and Temu  The European Commission is taking a stand against low-value imports offered by non-EU online retailers and facilitated by marketplaces like Shein and Temu, which host non-EU traders. This is part of the Communication on E-Commerce, ‘A comprehensive EU Toolbox for Safe and Sustainable E-commerce’ proposed on Wednesday, 5 February. A total of around 4.6 billion low-value consignments (goods not exceeding the value of €150) entered the EU market last...

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Chapter News

The Fed | Federal Reserve Board releases the hypothetical scenarios for its annual stress test

The Federal Reserve Board on Wednesday released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession. Additionally, the Board released two hypothetical elements designed to probe different risks through its "exploratory analysis" of the banking system. The exploratory analysis will not affect bank capital requirements. The Board's annual stress test evaluates the resilience of large banks by estimating losses, net revenue, and capital levels—which...

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Member News

Loyens & Loeff | Quoted: The new Dutch entity tax classification rules

As of 1 January 2025, all Dutch and foreign partnerships are, as a main rule, classified as transparent for Dutch tax purposes, except when a partnership should be considered a fund for joint account (FGR). In addition, also the tax classification rules applicable to FGRs were amended as of 1 January 2025 as well as those applicable to entities formed under foreign law. This first 2025 edition of Quoted is an update of our Quoted of June 2024, which edition...

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Chapter News

ECB | What happens when US and euro area monetary policy decouple?

Blog post by By Stefan Gebauer, Georgios Georgiadis, Fédéric Holm-Hadulla and Thomas Kostka | The monetary policies of the ECB and the US Federal Reserve are not always in sync. But how does the Fed’s policy affect the euro area economy? This ECB Blog looks at how monetary policy in the United States travels across the Atlantic and what this means for the ECB. The global economy is interconnected. Central banks’ monetary policies therefore often affect other economies. These “monetary policy spillovers”...

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Member News

EIB Board approves €2.4 billion of financing for business innovation, energy grids, flood resilience and transport

Discussion of EIB Global strategic reorientation and support for European electricity grids Energy-saving for businesses across Europe Financing to expand hydrogen refuelling in Europe and rebuild damaged heating infrastructure in Ukraine The European Investment Bank (EIB) today approved €2.4 billion of new financing for business investment, clean energy, transport, telecommunications and flood protection in Europe. The EIB Board of Directors also discussed the strategic orientation of EIB Global. Reflecting the changing geopolitical context and even better aligning with EU external policy...

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Member News

Linklaters | Chambers & Partners Technology M&A 2025 Guide: U.S. Chapter

We are delighted to share the U.S. chapter we wrote for Chambers & Partners’ Technology M&A 2025 Guide, published in December 2024 and now available for download. Our chapter provides the latest legal information on key market trends, early-stage and venture capital financing, liquidity events, spin-offs, acquisitions of public technology companies and business-critical regulatory requirements. Linklaters’ Global Chairman of Corporate George Casey was pivotal in launching the inaugural guide and has spearheaded each edition since as Contributing Editor. Read past...

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Member News

Mannheimer Swartling Annual Publication 2025

Dear Friends, I am delighted to share with you our Annual Publication 2025, which celebrates the 150th anniversary of Mannheimer Swartling. This special edition reflects on our firm’s journey since 1875 and explores key issues shaping business law today. We reflect on the people and values that have defined Mannheimer Swartling for 150 years as well as on our commitment to sustainability and our pro bono work. In 2024, we acquired a leading generative AI company and we also provide an...

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