12 Apr
Chapter News

Republic of Moldova: European Council Agrees to €100 Million in Financial Assistance

On 12 April 2017, EU ambassadors agreed the Council's negotiating stance on macro-financial assistance for the Republic of Moldova. Up to €100 million is proposed in EU assistance, of which €60 million in loans and €40 million in the form of grants. It would supplement resources provided by the IMF and other multilateral institutions. The assistance would be aimed at supporting the country's economic stabilisation and structural reform agenda, helping to cover its external financing needs over the coming two years. Ambassadors asked the presidency to...

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12 Apr
Member News

Data Protection and Privacy Update the Netherlands – March 2017

This month’s data protection and privacy update covers an interesting relevant incidence within the Netherlands, discusses an important case that touches upon the subject of conflict of laws in light of the GDPR, and takes another close look at the Privacy Shield. I Dutch developments Vote compasses adjust their methods following warning from the Dutch Data Protection Authority The Dutch Data Protection Authority (DPA) investigated 24 interactive vote prior to the recent elections that took place in the Netherlands on March...

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12 Apr
Member News

Lincoln International’s Special Situations & Restructuring Practice expands with the addition of two Managing Directors, Brent Williams and Brendan Murphy

Lincoln International, a leading global, mid-market investment bank, proudly announced today that Brent Williams and Brendan Murphy have joined the firm’s Special Situations and Restructuring Practice. Both will be based in Lincoln’s New York office and serve as Managing Directors in the Special Situations Group, and Mr. Williams will Co-Head the Group alongside Alex Stevenson, Managing Director in Lincoln’s Los Angeles office. Adding two Managing Directors that have successfully worked together for many years to an already active special...

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11 Apr
Chapter News

EU to Work with Mediterranean Partners on Research and Innovation – Informal Deal with EP

The Maltese Presidency today struck a provisional deal with the European Parliament on the participation of the EU in a partnership to develop innovative solutions for sustainable water provision and management and food production in the Mediterranean region. The initiative, known as PRIMA (Partnership for Research and Innovation in the Mediterranean Area), will pool the know-how and financial resources of the EU and participating states. The partnership currently involves nine member states: Cyprus, Germany, Greece, Spain, France, Italy, Luxembourg,...

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11 Apr
Member News

USCIS Issues New Guidance on H-1B Work Visas for Computer Programmers

On March 31, 2017, the U.S. Citizenship and Immigration Services (USCIS) issued a policy memorandum that provides new guidance regarding H-1B visas for computer-related positions. This document supersedes and rescinds a December 2000 memorandum that the agency has deemed “obsolete” and an inaccurate articulation of current policy on H-1B visa criteria. The new memorandum amends the prior analysis for determining when programmers should be classified as professionals. Now a more thorough analysis must be used for assessing whether the programmer's...

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10 Apr
Chapter News

New EIB Investment Survey Highlights Investment Gaps and Obstacles Amid Recovery

The investment recovery is strengthening in Europe. 84% of European firms reported having invested in the previous financial year. Going forward, more firms expect to expand their investment activities than to scale them back. Firms consider only some 44% of their machinery and equipment to be “state-of-art”. Global competition and technological advancement call for a quick action. But most firms say uncertainty (69% of firms), lack of skilled labour (68% of firms) and the business and the regulatory...

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10 Apr
Member News

De Brauw Blackstone Westbroek “Netherlands Law Firm of the Year 2017”

De Brauw Blackstone Westbroek has been named "Netherlands Law Firm of the Year 2017" by Chambers and Partners. This is the sixth time in ten years De Brauw Blackstone Westbroek has been awarded this honour, a remarkable achievement reflecting impressive strategic growth and excellence in client service. Chambers and Partners publishes leading directories, ranking leading law firms around the world. Their in-depth analysis is based on up-to-date, independent and objective research, as well as on client feedback. Geert Potjewijd, managing...

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10 Apr
Brexit News, Chapter News

Strasbourg Plenary Highlights: Brexit Priorities, Medical Devices, Car Emissions

MEPs overwhelmingly approved a resolution setting out European Parliament's priorities for the negotiations concerning the UK's withdrawal from the EU during this week's plenary session in Strasbourg. In addition MEPs urged European authorities to establish new checks to prevent car emissions fraud and also approved stricter rules to ensure the safety of medical devices as well as plans to enable more flexibility regarding the EU's long-term budget. Brexit Any Brexit agreement will require Parliament's approval before it can enter into force....

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10 Apr
Member News

USCIS Reaches FY 2018 H-1B Cap

United States Citizenship and Immigration Services (USCIS) announced today that the annual H-1B quota for both the regular 65,000 visa petition bachelor’s degree cap and the 20,000 visa petition U.S. master’s degree cap has been met for Fiscal Year (FY) 2018. The exact number of petitions received has yet to be announced but will likely be shared in the coming weeks once all of the petitions are counted. Likewise, due to the high number of petitions received, USCIS has...

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07 Apr
Chapter News

Monetary Policy and the Economic Recovery in the Euro Area

Speech by Mario Draghi, President of the ECB, at The ECB and Its Watchers XVIII Conference, Frankfurt am Main, 6 April 2017: Over the course of the crisis, the making of monetary policy has become progressively more complex. We have operated in an environment where the limits of our traditional instruments have been tested, and where new instruments have had to be introduced. This has required adaptation, not just by those of us who decide on it, but also by...

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