Member News

Spotlight on Regulatory Compliance

Financial regulation is constantly evolving with ever more byzantine, copious and intrusive rules, whose reach is ever-widening. This environment, alongside the competitive nature of the globalised economy and the current focus on emerging forms of trading and financing in the "shadow" economy, creates a difficult and complex world for financial services firms and transactions. Typical regulatory issues for corporate deals Below are a few examples of areas where early-stage regulatory input is key to an effective corporate deal: Financial promotion: The "financial...

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Member News

The Best Form of Defence is Attack

Did you know that you can use EU and national competition rules to your advantage by intervening in merger investigations or bringing a complaint against competitors, customers or suppliers allegedly involved in anti-competitive or abusive practices? You can get the European Commission (Commission) or other relevant national competition authorities on your side to help tackle anti-competitive behaviour by players in your industry. Let’s take a look at mergers… Occasionally a deal is announced that will result in competitive and commercial risks...

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Member News

Generation Study Abroad Launches New Round of Partner Scholarships

Application Deadline: January 25, 2016 IIE is pleased to announce the 2016 call for applications for the IIE Generation Study Abroad Scholarship Program. Through this program IIE will provide incentive grants of $7,500 to campuses to be used for study abroad scholarships for their students (including internships and service learning opportunities) that take place between Fall 2016 through Summer 2017. These grants are in support of pledged efforts by U.S. colleges and universities who are Generation Study Abroad partners. They...

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Member News, New York Related News

Trading Alert: Stuyvesant Town/Peter Cooper Village Pays Off

It may not be the Powerball, but the ship has come in for those who bet that the $3 billion Peter Cooper Village and Stuyvesant Town would pay off in full in January 2016. Ever since the sale of the complex was announced in late 2015, CMBS investors knew this day was coming; the only question was "when?” A lawsuit from a lender of mezzanine debt, followed by the trustee asking for clarification on the exact distribution for the repayment proceeds cast...

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Member News

A Washington D.C. Startup to Watch in 2016

Global Professional Search is Meeting the Rising Demand for Global Talent WASHINGTON, Jan. 12, 2016 -- Over the last few years, Washington D.C. has made great strides to attract entrepreneurs, venture capitalists, incubators, and accelerators in an attempt to build its startup bona fides and place itself among the serious east coast centers of innovation. 2016 will be no exception. According to the PricewaterhouseCoopers and National Venture Capital Association MoneyTree™ Report, Washington D.C. ranked 10th in 2015 for VC funding–receiving $786...

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Chapter News

EACCNY is Hiring: We are looking for a Marketing Associate

This is a Unique opportunity to work in a highly dynamic environment focused on transatlantic business activities This position a great opportunity for someone with broad knowledge of the EU & US relationship, related economic issues and the transatlantic business environment, to get hands-on experience in international affairs & trans-Atlantic business activities and to hone your skills on an international parquet. The position has great growth opportunities. Responsibilites: The objective of the position is to ensure that the EACC-NY lives up to...

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Chapter News

EU-Ukraine Trade Agreement in Force

The EU and Ukraine signed a landmark Association Agreement (AA) on June 27, 2014 that includes the establishment of a Deep and Comprehensive Free Trade Area (DCFTA). General provisions and parts of the political and cooperation chapters of the AA have applied provisionally since November 2014, with the trade related aspects entering into force on 1st January 2016. The trade provisions of the EU-Ukraine Association Agreement constitute a milestone in the partners’ bilateral relationship and offer new economic benefits to...

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Chapter News

Cyber security: “Without fair protection at European level, we will be in trouble”

Data breaches can cause substantial damage to consumers, businesses and even governments, as the cyber attacks against Sony in 2014 and against Estonia in 2007 showed. To boost defences against such attacks against its essential services, such as electricity supply and air traffic control, the EU has agreed on a common set of basic cyber security rules. We talked to Andreas Schwab, a German member of the EPP group, who is responsible for steering them through Parliament. Why do we...

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Chapter News

2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs

2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We have a serious problem with tax avoidance and lack of transparency. Too many people have looked the other way”, Mr Moscovici said. MEPs from most political groups encouraged the Commissioner to show ambition and go beyond the recent agreements in the...

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Chapter News

Christine Lagarde: The Case for a Global Policy Upgrade

By Christine Lagarde, Managing Director, International Monetary Fund Farewell Symposium for Christian Noyer, Banque de France, Paris, January 12, 2016 | As prepared for delivery Ladies and gentlemen, distinguished guests, Christian, mon cher ami! I am honored to pay tribute to someone who is greatly admired in all the different roles played in a very public life. As head of the Paris Club, Directeur du Trésor, Vice President of the ECB, Governor of the Banque de France, and Chairman of the...

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