Member News

Member News
17
Aug
Kyung Kim, Head of Cybersecurity for FTI Consulting’s APAC region, looks at the three steps you can take today to reduce the chances of the unthinkable: a paralyzed network and an IT team that can’t be reached.
Companies around the world have seen their workforces relocate en masse from office spaces to home. With this decentralized workforce comes a vast set of new concerns for IT departments. They’re tasked with maintaining the integrity of internal networks and firewalls while a...
17
Aug
On August 12, 2020, the United States Trade Representative (“USTR”) issued the modified list (Annex 2, section 2) of European Union (“E.U.”) goods subject to Sec. 301 retaliatory tariffs in connection with the World Trade Organization (“WTO”) case against E.U. large aircraft subsidies. While approximately 24,000 comments were filed in response to the USTR’s request for comment regarding changes to the list, only minor changes were implemented. The USTR removed certain products from Greece and the United Kingdom and added an...
14
Aug
In a blow to transatlantic trade this week, the United States announced it will maintain a 15% tariff on aircraft and 25% tariff on other European goods, despite efforts by the European Union to resolve a long-running dispute over state aid subsidies. The US will not, however, impose a threatened increase in tariffs on new European products, ahead of expected EU retaliatory tariffs on American goods this Autumn.
Following a landmark ruling by the World Trade Organisation (WTO) in October 2019, certain...
13
Aug
MSLP Facilities for For-Profit Businesses
Since mid-July, the Boston Fed has updated the business MSLP FAQs twice (releases on July 15 and July 31) with additional details and clarifications. Significant changes and additions to the existing FAQs for MSLP facilities to for-profit Eligible Borrowers include:
A new FAQ was added confirming that when a Borrower is acquired or merged into another business, the acquiring or resulting entity must also comply with the certifications and covenants applicable to such Borrower’s Main...
12
Aug
In a substantial August 5, 2020, release, the U.S. Securities and Exchange Commission proposed changes to the existing disclosure framework for mutual funds and ETFs, that, if adopted, would represent a comprehensive refinement to the current framework. The proposal follows the SEC’s 2018 release seeking industry comments on the current disclosure framework, which received comment from notable industry participants and retail investors who were invited to submit a short “feedback flier” questionnaire. Improvement of the Main Street or retail...
11
Aug
Despite the stereotypes, having a career and being an engaged member of your family are absolutely possible. As with all important things in life, you have to learn how to balance and prioritize your responsibilities. Remote working, or working from home, is a great way to start bringing your career closer to your family and make it easier for you to stay near your kids. Of course, setting up your office at home presents a whole new set of...
10
Aug
On August 3, 2020, President Donald Trump signed an executive order and released a related fact sheet in furtherance of the White House’s continued efforts to ensure that federal agencies focus on using United States labor in their federal contracts. This new executive order, which is arguably in furtherance of the previous Buy American Hire American executive orders, requires federal agencies to review their contracts and subcontracts from fiscal years 2018 and 2019 to assess whether their contractors used temporary foreign labor to perform the...
10
Aug
With the resurgence of COVID-19 infections across the United States, employers are facing growing pressure to ascertain whether their employees have contracted the virus. Temperature checks and symptoms screening, while helpful, will not identify employees who are asymptomatic and potentially contagious. This gap is critical because studies show that up to 45% of people infected with the virus do not show any symptoms.1 As a result, COVID-19 testing can be essential to remaining operational or reopening after a workplace outbreak.
The Equal Employment...
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