Member News

Member News

Member News

UBP IAS | Change of CEO

The UBP IAS Board of Directors appointed Ms. Eva Kathrin Genovese-Delwing as the CEO of UBP IAS, replacing Mr. Deepak Soni who left to pursue other opportunities. Kathrin Genovese joined the UBP Group in February 2020 and took up her new position with UBP IAS on 18 January 2021. She has three decades of experience in the financial industry, including senior roles at a large Swiss bank and a family office, having held various leadership positions such as CFO and...
Member News

A&L Goodbody | Review of Irish merger control in 2020

A&L Goodbody's EU, Competition & Procurement team has published its report on merger control by Ireland's Competition and Consumer Protection Commission (CCPC) in 2020. It gives an insight into who bought whom, how long it took to get approval, when issues arose, which sectors were in play and so on. Despite the events of 2020, the number of deals notified to the CCPC was not down materially – 13% from 47 to 41. ICT, healthcare, financial services and retail were the sectors most in...
Member News

Ogletree | Where to Open Shop: New Report Ranks the Best Places to Do Business in the U.S.

The COVID-19 pandemic continues to affect the global economy, and employers are increasingly considering which are the most and least employer-friendly places  new offices, distribution centers, and operational locations, both during the pandemic and after emerging from it. The Arizona State University Center for the Study of Economic Liberty recently released Doing Business North America 2020 (DBNA), a report analyzing and comparing data indicative of the regulatory context for business activity in a number of metropolitan areas. The report ranked 130 cities across...
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Galileo Global Advisors partners to launch the Capital Market Development initiative with former NYSE and LSE senior executives

Capital markets (dys)functioning and regulation  are again at the center of public attention and even congressional investigations. The need to recenter them on their core mission  and purpose has hardly been grater, not only for the marketplace, but for market participants. Even the court of public opinion is starting to believe that their valuation function is questionable. From my experience as a former Group EVP of the New York Stock Exchange, I decided to join forces with former exchange...
Member News, New York Related News

Marks Paneth | New York State budget proposals: What’s in store for high-net-worth individuals?

On January 19, 2021, Governor Andrew Cuomo outlined the Fiscal Year (FY) 2022 Executive Budget in the wake of the ongoing COVID-19 pandemic. The timing and amount of federal aid will determine the level of tax increases that will be enacted by the state in FY 2022. If Congress fails to provide at least $15 billion in funding, the New York State Executive Budget proposes several significant tax law changes, as follows. Increase in Tax Rates on Highest Earners:  The...
Member News

EIB | Boosting Investments in European digital ventures to unleash the full potential of 5G

Study makes recommendations for more ambitious 5G investment in Europe European ventures developing 5G-related applications and business models are facing significant public and private sector financing shortfalls Investment in 5G is higher in the United States and Asia than in Europe The accelerating rollout of 5G infrastructure has become a key battleground in a broader struggle for control over the industries of the future. At the same time, the race to build 5G networks and reap the significant benefits...
Member News

Loyens & Loeff | EU list of “non-cooperative jurisdictions” updated – new Luxembourg tax consequences

On 22 February 2021, the European Union list of “non-cooperative jurisdictions” (the EU List) has been updated by the Economic and Financial Affairs Council (ECOFIN). This update is important in Luxembourg following the recent adoption of a law (law of 10 February 2021), which disallows the deduction for income tax purposes of interest and royalties due to related companies established in a country included in the EU List. This denial of the deduction is a new measure and applies...
Member News

Jaguar Freight | ‘The Weekly Roar’: What’s the Latest in Ocean and Air?

Things in the international shipping industry are as hectic as ever, but there are some positive signs with air cargo volume decreasing worldwide, forwarders negotiating rates for UNICEF’s vaccine distribution, video evidence of California’s box-ship traffic jam emerging, and container lines ordering new vessels to keep up with demand. Over in the ocean shipping sector, the U.S. Coast Guard’s latest video footage showing the pileup of container ships anchored across California’s San Pedro Bay revealed just how intense the congestion...

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