Member News, News

Workplace Privacy 2014: What’s New and What Employers May Expect

New laws that went into effect on January 1, 2014, are a harbinger of what employers may expect to see in the coming year regarding workplace privacy: more restrictions on access to applicants’ and employees’ criminal history, credit information, and personal social media content.  To further complicate the challenges of addressing privacy in the workplace, employers will be required to grapple with next-generation issues raised by the use of social media as a business tool and the increasing adoption...

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DS-Concept Provides $20 Million Export A/R Facility

DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a $20 million accounts receivable facility to a Dutch packaging manufacturer. As the client has operations in The Netherlands and United States and sells internationally, Euro, US Dollar, and GBP pound sterling factoring lines were required, and provided. DS-Concept was approached by the company to provide support for their growing sales and the significant customer sales concentration in their portfolio. DS-Concept was able to work alongside the...

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Chapter News, News

Commission unveils first EU Anti-Corruption Report

Corruption continues to be a challenge for Europe. Affecting all EU Member States, corruption costs the European economy around 120 billion euros per year. Member States have taken many initiatives in recent years, but the results are uneven and more should be done to prevent and punish corruption. These are some of the conclusions from the first ever EU Anti-Corruption Report published today by the European Commission. The EU Anti-Corruption Report explains the situation in each Member State: what anti-corruption...

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Chapter News, News

EU Commission for Equal Voting Rights

On January 29th, the European Commission has issued guidance to member states that currently have rules preventing their citizens from voting because they live in another EU country. Of course, we are very supportive of this important step, even if we believe that an even better direction would be to also extend voting rights in the European Parliament elections to all EU citizens who reside outside the EU, and to harmonize all electoral procedures. You will find on the right sidebar a...

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Chapter News, News

Commission calls for immediate action for a European Industrial Renaissance

The European Commission is urging Member States to recognise the central importance of industry for creating jobs and growth and to mainstream industry-related competitiveness concerns across all policy areas. This is the key message of the communication For a European Industrial Renaissance, adopted today. The Commission calls on the Council and the Parliament to adopt proposals on energy, transport, space and digital communications networks as well as implement and enforce legislation to complete the internal market. Furthermore industrial modernisation must...

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Chapter News, News

Sound & Resilient Financial Markets: Achieving Global Consistency

US-EU Financial Markets Regulatory Dialogue Joint Statement Speech by Nadia Calviño, Deputy Director-General for Internal Market and Services, EUROPEAN COMMISSION Presented at Brookings Institution, Washington, DC, 29 January 2014  INTRODUCTION Ladies and Gentlemen, I am happy to have the opportunity to discuss transatlantic regulatory efforts to make financial markets sound and resilient. Today, I would like to take stock of the reforms we have carried out so far and outline the way forward, both in the EU and internationally. In response to the financial crisis, the...

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TREPP: January Loss Analysis: Volume Steady, Severity Jumps

CMBS liquidation volume remained steady in January, but several large losses pushed the average loss severity up significantly. Liquidation volume registered $1.28 billion in January, equal to December's volume and slightly above the 12-month moving average of $1.19 billion. Of the loans that were liquidated, 94% fell into the greater than 2% loss severity category. January loss severity came in at 58.51%, up from December's 50.36% and more than 10 percentage points higher than the 12-month moving average of 46.82%....

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INVEST IN FRANCE: Fleur Pellerin launches “La French Tech” Digital City Accreditation Phase

Ms. Fleur Pellerin, Minister Delegate for SMEs, Innovation and the Digital Economy, used an evening to celebrate the coming year with the French digital economy ecosystem to launch a call for proposals for “accredited digital cities”. This marks the first stage of the “La French Tech” initiative launched on December 2, 2013, backed by €200 million from the French government’s “National Investment Program”. During her speech to nearly 500 participants, Ms. Pellerin reminded the audience of the broad strategic outlines of...

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Granito Is Assisting Clients In The Management And Protection Of International Video Rights

Cross-fertilizing its deep involvement in cross-border copyright regulations with its corporate advisory services, GRANITO announces its involvement in assisting clients in the management and protection of international video rights cross continents and within countries.  Faced with the need to protect and secure rights in a global entertainment marketplace and the right of producers, publishers and broadcasters of video and music to monitor the uploading of clips belonging to them, GRANITO brings to the forefront their talents for combining compliance with...

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