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Member News
Member News
22
Jun
On 10 May 2022, the European Commission and the European Investment Bank (EIB) signed an ambitious Guarantee Agreement through which the European Commission will support up to €26.7 billion of EIB financial operations to enable crucial public investments in sectors like clean energy, digital and transport infrastructure, health and education over the next seven years, rolling out Global Gateway worldwide.
Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, said: “Today’s landmark guarantee agreement with the European Investment Bank will enable to finance the...
21
Jun
This article was first published in the Sunday Business Post, Sunday 12 June 2022 |
Tensions rise as many believe legislation being prepared by Britain to unilaterally scrap parts of the Northern Ireland protocol will cause more problems than it solves.
“Please don’t go there,” was the message Simon Coveney told reporters that he wanted to send to the British government last week.
The Minister for Foreign Affairs was referring to a bill which will reportedly pave the way for the British...
21
Jun
On June 16, 2022, President Biden signed into law the Ocean Shipping Reform Act (OSRA), bipartisan legislation aimed at providing relief to U.S. importers, exporters, freight carriers, port operators and other companies experiencing sharp spikes in shipping costs and supply chain disruptions since the beginning of the COVID-19 pandemic.
A focal point of the legislation is to curb rising demurrage and detention (D&D) charges imposed on importers and exporters, which have soared, globally, at unprecedented rates over the last year,...
20
Jun
The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org).
United States
Texas: Property value protests set new record
Property owners left dazed and confused after getting their Notices of Appraised Values in the mail this year reacted predictably. They...
17
Jun
As expected, on Monday evening the UK Government published its Northern Ireland Protocol Bill aimed at allowing UK Ministers to circumvent a broad swath of the Brexit Agreement’s Northern Ireland Protocol.
The Bill proposes to the introduction of so-called “green” and “red” lanes for British goods destined for Northern Ireland and the Republic of Ireland respectively. Under the proposal, only goods going through the red lane would have to undergo customs checks and paperwork upon entering Northern Irish ports.
A new dual regulatory system...
17
Jun
With a focus on climate, the just transition is an opportunity to create clean, green jobs and halt global warming
Just transition is a commonly used concept in today’s climate discussions. But what does it mean? And can it be accomplished?
There is no single definition of just transition. Broadly speaking, it encompasses the wide range of activities we must carry out to make sure workers and societies can prosper in the transition to a net-zero carbon economy. In this shift,...
16
Jun
Under the Uyghur Forced Labor Prevention Act (“UFLPA”), effective June 21, 2022, a rebuttable presumption of “forced labor” will apply to goods that are produced, wholly or in part in the Xinjiang Uyghur Autonomous Region (“XUAR”) of China or by an entity identified as being associated with XUAR labor. GDLSK’s summary of the UFLPA can be accessed here.
Also by June 21st, a multi-agency Forced Labor Enforcement Task Force is to develop an enforcement strategy and provide guidance to importers...
16
Jun
Fintech continues to expand in Ireland and internationally. As fintechs rely heavily on technologies such as AI and blockchain, a number of specific IP issues arise, as well as more general IP issues.
The Central Bank of Ireland, in its Innovation Hub 2021 Update noted a number of key trends in innovation. These include the continued growth of institutional interest in digital assets as well as a shift to e-money and a focus on instant payments.
Clearly the growth of fintechs...
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