Member News

Member News
01
May
By Andrew Durant | FTI Consulting
The results of our recent Brexit survey, Brexit in the Boardroom - Autumn 2018 Update, show that 80% of UK business leaders are fearful of job losses in their company as a result of Brexit. And two thirds (66%) said they were concerned about employees committing fraud due to the lack of job security that Brexit brings.
These results do not come as surprise to me after 30 years of investigating fraud. Motive has always...
30
Apr
By Mark GegoryChief Economist, UK | EY
The EY ITEM Club Spring Forecast has cut its GDP growth projections to 1.3% for 2019 (from 1.5% in the EY ITEM Club Winter Forecast) and 1.5% for 2020 (down from 1.7%). Despite likely solid-looking GDP growth in the first quarter of 2019, the downward revision for 2019 primarily reflects the prolonged Brexit uncertainty, following the decision to delay the UK’s exit from the EU to a flexible 31 October deadline. A weaker...
30
Apr
All shared rides within Evanston will have a $3 flat fare. Via aims to be a first-and-last mile solution, connecting residents and commuters to rail stations without the need for a personal vehicle.
“At Via, our goal is to eliminate the need for private car ownership by providing affordable, convenient, and eco-friendly on-demand shared transportation that can seamlessly integrate into existing public transit infrastructure” said Alex Lavoie, US General Manager of Via.
Using the Via app, passengers select their pick up and drop...
29
Apr
The EU General Data Protection Regulation (GDPR) took effect 11 months ago. After almost a year of GDPR that became applicable on May 25, 2018, it should be investigated how the main subjects of this Regulation – the companies processing personal data and the member states’ supervisory authorities (“Supervisory Authorities”)– are dealing with it.
For instance, the recent Open Right Group’s survey (see below) shows the number of complaints made by the data subjects (Chart 1) and the number of data breach notification...
26
Apr
Key Events This Week
Brexit: State of Play
If Brexit goes ahead, the Scottish Nationalist Party under Nicola Sturgeon will seek another referendum before the 2021 Scottish Parliamentary Elections. Sturgeon suggested that the case for independence is “even stronger now”, given the “profound changes” that have occurred since 2014.
Brexit has been a political gift to the SNP. 62 percent of Scots rejected it, in every single region – the most resounding Remain vote of the UK’s four nations. A year after...
24
Apr
By Tara L Vance | Holland & Knight
The U.S. Embassy in Israel has finally made the long-awaited announcement that the required treaty agreement has been signed pursuant to which nationals of Israel will be able to apply for an E-2 visa as of May 1, 2019.
What Is an E-2 Visa?
An E-2 visa is a nonimmigrant work visa that permits a national of a qualifying country, such as Israel beginning May 1, 2019, to come to the U.S. temporarily if...
22
Apr
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 a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).
USA
New York: New York State’s 2 percent tax cap, first signed into law in 2011 and renewed periodically since then, is now permanent.
Governor Andrew Cuomo included...
19
Apr
US-based companies looking to hire a foreign person to work in the country must understand the difficult visa processes.
While there are complexities around bringing foreign talent into the US, there still are many options for building your workforce with qualified employees, especially when looking to transfer current employees from other countries.
Prior to hiring foreign workers in the US, companies have many things to consider such as cost and time commitment, documentation and procedures and types of visas.
Cost and time
While...
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