21 Apr
Member News, News

Trade Promotion Authority Legislation Introduced & Haiti Hope Extended

On April 16, the Senate Finance Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.) and House Ways and Means Chairman Paul Ryan (R-Wis.)  introduced bipartisan Trade Promotion Authority (TPA) legislation ((Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (S-995))). To see a copy of the full bill and summary, click here.  A companion House bill is expected shortly.  TPA is the first step necessary to finalize the Trans Pacific Partnership (TPP) (11 countries) and European Union Free Trade...

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20 Apr
Chapter News, Trade & TTIP Related

EU Commission report shows that SMEs stand to make significant gains from the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the US

Brussels, 20 April 2015 -- The Transatlantic Trade and Investment Partnership (TTIP) has significant potential for small and medium sized enterprises, according to a report released in Brussels today. It presents the results of a survey of small and medium-sized enterprises (SMEs) carried out in 2014 on challenges they face when exporting to the United States. It also uses newly available data to look at the scale of exports by EU SMEs to the United States. Cecilia Malmström, European Commissioner...

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09 Apr
Member News, News

NY Grant Company can help you take energy costs out of your business…

The NYS Energy Research and Development Authority has created programs that offer incentives for both new construction and existing facilities that meet specific energy efficiency standards. Additionally, the NY Power Authority is offering lower cost electricity to businesses and Not-for-Profit Corporations that plan to expand operations in the State. PROGRAM DETAILS: New Construction Program (NCP): Provides technical assistance and financial incentives for energy-efficient electric equipment installations in new and substantially renovated commercial and industrial buildings. Up to $16M in funding available. Eligibility: • New...

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09 Apr
Member News

How the Cookie Crumbles – EU Regulators Undertake EU-Wide ‘Cookie Sweep’

The Article 29 Working Party (“WP29”), supported by data protection authorities and other national regulators, recently undertook an EU-wide ‘cookie sweep’. This review concerned nearly 500 websites and spanned 8 Member States. It was aimed at investigating the use of cookies, the level of information provided and the control mechanisms in place.  This ‘sweep’ found a spectrum of compliance, resulting in some interesting statistics.  While Ireland was not on the list, the review serves as a reminder of the focus...

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09 Apr
Member News

DS Concept Announces Over $150 Million in Global Deals This March.

EACC Member DS Concept Announces Over $150 Million in Global Deals This March. Deals in Europe include: $20,000,000 for Spanish Food Distributor A Spanish food distributor has signed a factoring agreement with DS-Concept to support their growing exports to the EU. With the increased working capital, the company expects $20 million in factored volume for 2015. € 2,000,000 for Bulgarian Textiles Supplier A Bulgarian textiles supplier exporting to Germany has signed a factoring agreement with DS-Concept with an expected annual factoring volume of € 2 million. € 1,000,000...

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07 Apr
Member News, News

Spring – A Time For Change in UK Employment and Data Protection Law

By Pia Padfield, Associate in the London Office of Ogletree Deakins Spring is always a time for new beginnings; the end of the financial year and the start of a new one, election time and the clocks moving forward for daylight savings time. In the UK, Spring also heralds new changes in Employment and Data Protection law. Below are some of the key changes to UK employment law to be aware of. Shared Parental Leave New rights came into force on 1...

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02 Apr
Chapter News

IMF Review Weighs How to Harness Trade for Growth

Amid concerns over a “new mediocre” in the global economy, trade should be seen as an integral part of the plan for increasing global growth over the medium term, a new IMF report says.  In its regular five-year review of trade, the IMF takes stock of the changes in the trade landscape and discusses key issues for the institution’s future work agenda.  A revival of trade growth, which has been slowing in recent years, has the potential to significantly impact growth...

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02 Apr
Member News

Data Retention in Europe – Lessons Learned?

Following the decision of Europe’s top court, the Court of Justice of the European Union (“CJEU”) to strike down the Data Protection Directive (the “Directive”) in 2014, national governments have been in flux as to the status of legislation they introduced to transpose the Directive. An Opinion from the European Parliament’s Legal Services, which has been obtained and published online by various privacy advocacy groups, sets out specific guidance that the EU must follow if it intends to legislate again...

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02 Apr
Chapter News

Interview with Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the Single Supervisory Mechanism

Ms Lautenschläger, you have a unique role in the European Central Bank: not only do you have a say in the key ECB interest rates but, as Vice-Chair of the new banking supervision, you also monitor the institutions. Do you manage to avoid conflicts of interest between monetary policy and supervision? I am a purist in this regard, so I strictly separate both of my tasks in order to avoid conflicts of interest. Before contributing to a discussion, I...

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01 Apr
Chapter News

Remarks by the President after Meeting with Local Elected Officials and Small Business Exporters on Trade

THE PRESIDENT:  Well, as I said in the State of the Union address earlier this year, my top priority is to make sure that we continue the economic momentum that's been established, continue to grow businesses, create jobs, and make sure that we've got the kind of prosperity that is broad-based and allows people not just to get into the middle class, but ultimately to start their own businesses, start their own industries, in some cases, climb out of...

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