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Member News
Member News
03
Sep
Previously published in World Pharma Today |
Executive Summary
As the COVID-19 pandemic continues to spread across the world, clinicians, academic institutions, private organizations, and governments are working tirelessly to find treatments to help patients and at-risk populations threatened by this novel disease. The best minds in infectious disease and immunology are focusing on mechanisms for future therapies that are both safe and efective. In the absence of approved therapies, some investigators are looking towards drug products indicated for other conditions...
02
Sep
Christian Kettel Thomsen joins as Vice-President on the EIB’s Management Committee.
Thomsen will serve a four-year term on behalf of Denmark
Christian Kettel Thomsen has been appointed Vice-President and Member of the Management Committee of the EIB. He takes up his duties today, succeeding Andrew McDowell, whose mandate on behalf of Ireland ended at the end of August.
The EIB’s Board of Governors appointed Mr Thomsen, a Danish national, on a proposal from the Government of the Kingdom of Denmark...
02
Sep
Barely one month after the Court of Justice of the European Union (CJEU) issued its Schrems II decision striking down the EU-U.S. Privacy Shield Framework (Privacy Shield), Austrian privacy activist Max Schrems has filed 101 complaints with 30 different EU regulatory bodies alleging that dozens of well-known companies in e-commerce, telecommunications, banking, higher education, and other industries are improperly continuing to transmit data to U.S. companies like Google and Facebook in violation of the Schrems II decision and EU data privacy laws. The complaints represent an...
01
Sep
Since Houthoff published their last News Update, European supervisory authorities, the European Banking Authority ("EBA") and the European Supervisory Market Authority ("ESMA"), have issued a few consultation papers, guidelines and other information. Due to the summer holiday period, this News Update does not contain any relevant news updates from the Dutch and other European supervisory authorities and legislatures. Below we take a closer look at the consultation to revise the EBA and the ESMA's joint guidelines for assessing the...
31
Aug
Executive Summary
Three deeply experienced tax professionals based in BPBCPA's New York City office share useful tax planning ideas for business owners. By leveraging these strategies, companies can improve their cash position and create refund opportunities.
While technically focused, this white paper offers practice advice for business owners and in-house accounting staff.
Reconsidering the approach to inventory, tax planning, equipment, stock and debt, and foreign operations, can unlock cash flow and positively impact a company’s financial position.
Access the full whitepaper here: Top...
31
Aug
The sentiment is a fickle lover. It blows hot and cold quickly, though not entirely without reason. For traders, it is often the deus ex machina. Sentiment had swung so hard against the dollar that astute observers and the leading financial press warned that its role in the world economy was in jeopardy.
The greenback recovered from the initial slide on the Federal Reserve's confirmation that it was adopting an average inflation target. Those upticks were cited by some pundits as evidence...
28
Aug
On August 26, the U.S. Securities and Exchange Commission (SEC) adopted amendments expanding the definition of “accredited investor” to allow additional categories of investors to invest in unregistered private offerings. The new definition moves beyond the long-standing reference to wealth and income to determine whether individuals may be deemed accredited investors. In addition, the definition adds several new categories of entities that now qualify as institutional accredited investors. According to the SEC, “the amendments update and improve the definition...
28
Aug
As many employers are on the way to normalizing their business practices and re-engaging their employees, they should not overlook the many potential pitfalls in the administration of their retirement, health and welfare plans and their executive compensation arrangements. The risks of missteps are high, and include loss of tax-qualification of retirement plans, penalty taxes in connection with the Affordable Care Act’s (ACA) employer mandate rules, other IRS penalties, employee lawsuits and Department of Labor enforcement actions. The following...
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