22 Jul
Member News, News

Capita Financial Managers (Ireland) granted AIFM licence

We are pleased to inform you that Capita Financial Managers (Ireland) Ltd (CFMI) has been authorised as an Alternative Investment Fund Manager (AIFM) by the Central Bank of Ireland. As of 21 July, CFMI holds both a UCITS Management Company and an AIFM licence and is available for investment managers wishing to appoint an independent and experienced funds management company. CFMI is part of a FTSE 100 plc with 70,000 staff and a market capitalisation of £7.3 billion. Having operated in...

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21 Jul
Chapter News, News

Nomination Procedure for top EU Positions

At their June meeting, EU leaders adopted the decision proposing to the European Parliament Jean-Claude Juncker as candidate for President of the European Commission. The Parliament elected the proposed candidate on 15 July. Leaders also asked Herman Van Rompuy to conduct consultations on the nominations for the other top positions. During the course of 2014 there will not only be a new College of Commissioners, but also a new President of the European Council, and a new High Representative of...

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18 Jul
Chapter News, News

Fighting fraud: Major progress in anti-fraud policy but Member States must do more to combat fraud

Member States must step up their work to prevent, detect and report fraud affecting EU funds, according to the Commission's annual report on the protection of financial interests (PIF report). The report sets out detailed recommendations on areas that national authorities should particularly focus on in this respect. The report finds that detected fraud in EU spending accounts for less than 0.2% of all funds. Nevertheless, the Commission believes that greater efforts at national level both on combatting and detecting...

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17 Jul
Chapter News, News

“Humanisation”

By Evelyn Robert de Rothschild, Financier In 2008 the world suffered its most severe financial crisis since the calamities of the 1930s. Since then debate has raged over just what went wrong. Some blame greedy bankers, anxious to profit at any cost. Others blame banks' foolhardy approach, tolerating senselessly high levels of borrowing and marketing financial products too complex to understand. Still others fault regulators for being asleep at the wheel, while still others point the finger at an intemperate...

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17 Jul
Chapter News, New York Related News, News

World to NYC – Smart & Sustainable Cities Global Challenge

The NYC Economic Development Corporation in partnership with New York International has opened applications for the fall 2014 World to NYC  program, which has a focus on smart and sustainable cities. Emerging companies from the US and abroad are eligible to participate in the program, which runs from September 29 to October 1, 2014.  The  application period is open now through August 22. World to NYC will provide knowledge exchange and collaboration between cutting-edge companies already present in the city and...

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17 Jul
Chapter News, News

Let the U.S. President know how you’re doing

Across the country, Americans are writing the President and telling him about their experiences -- how their families are doing, what's working, and what's not. The President wants to know what's on your mind, too. Tell him how you're doing. This summer, he's traveling around the country to spend time with folks like you who are writing him. He's sitting down to eat meals with them, walking through their neighborhoods -- seeing what their day looks like. Every story he hears or...

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16 Jul
Member News, News

Granito and the Practicing Law Institute’s Securities Arbitration 2014 Seminar

Granito Advisory, a member of the EACCNY, is pleased to be a member of the faculty of the Practicing Law Institute's Securities Arbitration 2014 Seminar to be held on July 31, 2014 in New York City. The Seminar will be broadcast to many major cities in the United States and will also be available for viewing within Europe and Canada. GRANITO's President will appear alongside FINRA Dispute Resolution's President and its Director of Arbitration, along with other noted academics and professionals...

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15 Jul
Chapter News, News

Calling All Geography Gurus and EU Experts – Win a Trip to Brussels!

Think you know all there is to know about the EU? Test your knowledge with our new geography game, which asks players to identify and locate the city in Europe that corresponds to an EU-related trivia question. The player with the top score will receive a voucher for two round-trip tickets between the U.S. and Brussels. Are you an EU expert? A geography guru? A history hero? Test your skills in European geography and trivia with Metropolis: Cities of Europe, developed...

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15 Jul
Member News, News

DS-Concept Provides $2.5 Million Export Factoring Facility to Apparel Distributor in California, USA

DS-Concept Factoring, Inc., a global commercial finance company, and a member of the EACC New York, specializing in international non-recourse factoring, has provided a $2.5 million export accounts receivable facility to an apparel distributor in California. The client, who provides licensed products to retailers and wholesalers in Canada, Europe, and South Africa, is rapidly expanding their global presence. “We’re excited to work with a well-established firm which has extensive knowledge in manufacturing and distribution,” states Brandyn Prust, Vice President of Sales. “It’s great to see...

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15 Jul
Chapter News, News

EU Parliament elects Jean-Claude Juncker as Commission President

With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a secret ballot on 15 July as President of the new European Commission to take office on 1 November 2014 for a five year term. The minimum number of votes required was 376. For the first time in the history of the EU, the European Parliament elected - and not merely approved - the President of the European Commission following a proposal by the European Council, according to...

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