Member News

Member News
31
Mar
The European Union’s financial regulatory regime for third-country access in many sectors relies on a framework of “equivalence,” whereby institutions based in approved non-EU countries with similar standards may have varying degrees of access to EU markets or investors, depending on the extent to which their laws and regulations achieve equivalent outcomes to those of EU law. The EU’s equivalence regimes have been given increased prominence as a result of Brexit, since they are the means by which the...
31
Mar
In the current COVID-19 context (“coronavirus,” for simplicity), companies should map their contractual rights and obligations to determine whether risks exist and, if so, what mitigation actions could be put in place. This risk analysis can be made in a very short time (that is, a few hours or even less than an hour) with the support of artificial intelligence.
We have adopted an artificial intelligence platform in 2017 and, to support companies in this emergency situation, we will contribute...
31
Mar
#SocialDistancing is a term that government and health authorities came up with to drive home the idea that people must self-isolate in order to combat the COVID-19 outbreak. But social distancing is not precisely what we are doing… and that is not a bad thing.
What we are doing is physically distancing while socially connecting. (I can thank my friend Roberta Sydney for that revelation.) The truth is that many people may be more socially connected than they have ever...
30
Mar
In response to the coronavirus pandemic, RavenPack, a leading provider of big data analytics, has launched a live and interactive website to help navigate the oceans of information currently available on the novel coronavirus and its impact on world affairs.
The free Coronavirus News Monitor can be accessed on https://coronavirus.ravenpack.com/
CONTINUE READING...
Compliments of RavenPack International SL - a member of the EACCNY.
30
Mar
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a roughly $2 trillion coronavirus response bill signed into law yesterday, is intended to provide widespread emergency relief for Americans and the country’s economy. In addition to its benefits for individuals, the bill provides aid for small businesses, large corporations, hospitals and public health agencies, and state and local governments. Among its provisions for small businesses are emergency grants and a forgivable loan program for companies with 500 or...
30
Mar
Rebates Tax Relief to U.S. Individual Taxpayers
Recovery Rebates
The CARES Act provides cash to eligible individuals and families through a process known as “recovery rebates.” The rebate amount for individual taxpayers is $1,200 and married couples filing jointly will receive a maximum of $2,400. There is also an additional rebate of $500 for each child under the age of 17 who qualifies for the tax credit. Individuals with no income or who have income from non-taxable sources are also eligible...
30
Mar
Unprepared for the unimaginable – temporary disruption
COVID-19 has forced millions of people in the US alone out of work already. Many millions still in work now do so from home, or try to, often for the first time. Given how highly unusual this situation is and the very real and understandable fear and uncertainty it carries with it, it isn’t surprising that even with a decent level of organization, goodwill and a proper setup, working from home is not...
29
Mar
The President has stated that “The cure can’t be worse than the problem." He said that he would like to start opening up the country to business as soon as Easter Sunday. However, the virus has already spread to all 50 states. The current thinking is to designate areas based on risk so that areas where Covid-19 has not infected too many people (how much is too many?) could be phased in and businesses and manufacturing can restart.
This idea,...
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