Member News

Member News
08
Sep
On September 6, 2023, the European Commission (EC) returned from its summer break with full force and announced the designation of six tech companies as so-called “gatekeepers” under the EU’s Digital Markets Act (DMA) and published a Q&A document.
The six companies are predominantly American, with one Asian company represented and no European: Alphabet, Amazon, Apple, Meta, Microsoft, and TikTok-owner ByteDance. Booking.com, a European travel booking platform, previously stated that the impact of COVID-19 meant it did not meet the...
08
Sep
Digital assets are moving fast — so fast, that our start-of-the-year predictions are now ripe for an update. The big picture is not to let skeptics discourage you. “Crypto winter” hasn’t ended, but many crypto natives and traditional financial institutions aren’t hibernating. They’re building, laying the foundations for an upturn.
Here’s how the five trends we called out at the start of 2023 are looking so far — and what to expect next.
1. Trust is the new killer app
Digital asset companies have...
08
Sep
CLIMATE FOCUS SHIFTS TO IMPLEMENTATION AS POLITICAL LEADERSHIP CHANGES
Akin to the ever-increasing global temperatures, as Brussels returns from its summer break, the EU’s environmental policy landscape continues to heat up.
With June’s European Parliament elections just around the corner, Brussels’ political factions are about to kick-start their political campaigning – that is all except the right-wing factions as the widely communicated blow-up over the Nature Restaration Law has shown.
As the public’s apparent backlash to climate activists – and policy –...
07
Sep
The publication of the National Hydrogen Strategy (the Strategy) is a considerable step in the development of a green hydrogen industry in Ireland and Ireland’s decarbonisation journey. This long-awaited publication has been well received in the sector, with many stakeholders describing it as a key step in the right direction and broader than anticipated.
Key points
The key points in the Strategy include:
Clear objectives
The Strategy contains a list of 21 specific deliverables, to be actioned from now to 2030. These include...
06
Sep
For the past few months, office sector commentary has remained largely bleak with CMBS delinquency rates reaching a five-year high, and many companies opting to downsize their office footprint. However, amidst the challenges, there is a glimmer of hope in the news surrounding office properties.
Some large metros have seen absorption increase, notable CEOs have expressed the desire to increase in-office presence, and certain large offices have displayed positive performance through their financial data. Despite the challenges that lie ahead,...
06
Sep
Even with an increasing number of employers calling their workers back into the office following the pandemic, many employees across the United States are still working from home or otherwise working remotely. While many employers tout the flexibility of work-from-home as a benefit for employees, managing a remote workforce can raise a number of multistate compliance challenges. In particular, remote and hybrid work has significant implications for employers’ state and local tax withholding and unemployment insurance contribution obligations. Planning...
06
Sep
The Federal Trade Commission (FTC) continues to issue guidance on the use of generative artificial intelligence (AI) and the potential regulatory scrutiny facing companies and creators using these new tools in the market. While the FTC has previously addressed issues such as exaggerating the use of AI in a product or the potential deceptiveness related to deepfakes or synthetic media, the most recent guidance focused on the impact of the use of generative AI in the creation of content and related digital products arising...
05
Sep
On July 20, 2023, UK’s Employment Relations (Flexible Working) Bill 2023 received Royal Assent and is currently expected to come into force in Summer 2024, though a precise date has not yet been confirmed by the government.
Despite campaigning from industry groups and recommendations from the government’s own Flexible Working Taskforce to make flexible working the default position for workers back in May 2021, the new Act does not make flexible working a “day 1” right, and the eligibility requirements...
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