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Member News
Member News
22
Sep
On September 10, the U.K. government launched a consultation “Data: A New Direction” (Consultation), which proposes significant changes to the U.K.’s data protection framework.
The U.K. government has signalled its intention, following Brexit, to revisit the U.K. General Data Protection Regulation (UK GDPR) — which is nearly identical to the EU GDPR. It aims to craft a bespoke “pro-growth and pro-innovation regime whilst maintaining…world-leading data protection standards.” The Consultation sets out in detail, for the first time, the reforms which...
22
Sep
Over the last few days, headlines surrounded President Biden's announcement that the US will be opening its borders to fully vaccinated international travelers beginning early November. This will undoubtedly impact the global commercial real estate (CRE), commercial mortgage-backed securities (CMBS), and corporate collateralized loan obligation (CLO) markets.
Last week, Trepp wrote about the current state of the hotel market and the impact this is having on CMBS loans backed by UK hotels. The easing of travel restrictions globally will surely...
22
Sep
Starting a U.S. business is the key to success for many businesses around the world. The best way to take advantage of the world’s largest, best integrated national market, is a U.S. market entry. To start a business in the U.S. as a foreigner (from abroad) may look simply, however nothing is less true. With the help of an experienced team who understand the laws and requirements of doing businesses in all 50 U.S. states, such as TABS, you’re...
21
Sep
The New York City-based travel planning, booking, and management platform backed by $13 million in funding, today releases significant updates to its industry-leading platform benefitting corporate travel managers, travel agents, suppliers, and travelers alike
September 20, 2021 (New York, New York) – PSNGR1 who is overhauling the travel industry at large, today announces the launch of game-changing updates to its innovative platform. The first of its kind, PSNGR1 is an industry inclusive platform that allows users to book both corporate...
21
Sep
David Frost, the UK’s Brexit Minister, on Thursday stated that the UK has begun scrapping EU regulations that were transposed into British law before the UK exited the bloc. Speaking in the House of Lords, he stated: “I want to be clear, our intention is eventually to amend, to replace or to repeal all that retained EU law that is not right for the UK.“
In the immediate aftermath of the exit, the UK kept all EU laws and regulations, under a...
20
Sep
Earlier this month, we reported on two Senate privacy bills reintroduced from last year’s legislative session. These reintroductions are part of a broader wave of federal privacy bills, none of which are making meaningful progress toward becoming law. While the prospect of a comprehensive federal privacy law in the near term remains unlikely, a recent appropriation proposal and the nomination of longtime privacy advocate Alvaro Bedoya indicate that Democrats are attempting to empower the Federal Trade Commission (FTC) by providing the...
20
Sep
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
Does Your Property Tax Assessment Reflect COVID-19’s Long-Term Challenges?
Countless companies have seen their top and bottom lines decimated by COVID-19-related shutdowns, travel restrictions and changing consumer preferences...
20
Sep
On September 9, 2021, President Biden announced an executive order (EO) that expands upon the administration’s goals of requiring both federal employees and contractors and subcontractors working in connection with federal contracts to receive a vaccine against COVID-19. The new requirements are much more aggressive than the administration’s safety protocols previously issued on July 29, which only required verification of vaccination status or testing for government employees and onsite contractors. The new EO eliminates the testing option and expands...
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