Member News

Member News

Member News

So how did Switzerland establish a global hub for digital currencies and where is it heading?

Switzerland is THE Blockchain Nation and the Government is ready to support the developments with the relevant framework conditions. We are ready for the pace and the exchange with the private sector,” according to President of the Swiss Confederation Ueli Maurer. Switzerland has been ranked the most innovative country in the world for seven years in a rowand the Swiss Federal Council—our executive branch—intends to have Switzerland remain a leading country in technology, innovation, and research and development in every...
Member News

The EU’s New Ethics Guidelines – What Does This Mean For AI?

By Victoria de Posson | FTI Consulting Last week the EU published its new ethics guidelines for trustworthy artificial intelligence (AI), ten months after the European Commission created its high-level expert group to look into the issue. Our Brussels team look at what future EU policy initiatives might arise as a consequence. While it might be somewhat early to speculate, we can already start to read between the lines and anticipate some potential upcoming initiatives concerning privacy, data, security, transparency, fairness...
Member News

EIB Climate Survey: Are companies really helping us lower our carbon footprint?

Ahead of the global climate conference COP24, which took place in Poland on 3-14 December 2018, the European Investment Bank launched a first-of-its-kind climate survey, in partnership with the global public opinion company YouGov, to find out how 25 000 citizens feel towards climate change in the European Union, the United States and China. Discover below some analysis and visualisations of the key findings from the fifth of six releases of this worldwide EIB climate survey. You can download the full results...
Brexit News, Member News

Brexit Frustration: English Court Blocks EMA’s Attempt to Get Out of London HQ Lease

By Oliver FitzGerald | Mason Hayes & Curran, The  High Court of England and Wales ruled this month that the European Medicines Agency (EMA) is not able to terminate the twenty-five year lease of its Canary Wharf headquarters in London. EMA relocated its headquarters to Amsterdam following Brexit and argued that the Lease, which has a current rent of £13 million per year, was terminated by ‘frustration’ as a result of Brexit. Introduction In this article, we look at the concept of...
Member News

When, Where and Whether: The Confusing Law of Third-Party Evidence

By Benjamin J. Eichel & Matthew H. Adler | Pepper Hamilton  The U.S. Supreme Court has demonstrated with increasing frequency over the past 20 years a particular fascination with arbitration. There have been at least 20 Scotus cases in the past decade on arbitration, including three cases in the current term—two in the first week in October. By contrast, even though there remains far more cases in federal court than in arbitration, and even though personal jurisdiction is both a frequently...
Member News, Trade & TTIP Related

WTO Dispute Settlement Panel’s Decision to Rule on National Security Exception May Have a Major Impact on Trump Administration’s Section 232 Tariffs

By Thompson Hine International Trade on April 11, 2019 A World Trade Organization (WTO) dispute settlement panel ruling, Russia – Measures Concerning Traffic in Transit, issued last week on a member’s use of the WTO’s so-called “national security exception” under Article XXI of the General Agreement on Tariffs and Trade (GATT) may have a significant impact on the Trump administration’s application of that exception under U.S. law, Section 232 of the Trade Expansion Act of 1962, to impose tariffs on imports worldwide. Currently, the Trump...
Member News

European Parliament approves new digital Copyright rules

On March 26, 2019, the European Parliament voted in favor of the new Copyright Directive, in the text resulting from the Trilogue. The Directive contains a variety of provisions concerning, among others, the status of the press, cultural heritage institutions and digital platforms. It tackles the use of journalistic content online, the measures to be adopted by online platforms in order to identify and prevent copyright infringements and new copyright exceptions such as for text and data mining. The text...
Member News

FDIC Reminds Small Banks of Need to Oversee Technology Service Providers

By Richard P. Eckman, Mark T. Dabertin, Avinoam D. Erdfarb | Pepper Hamilton  The need to control  risks associated with using third-party technology service providers was reemphasized by the FDIC for institutions with less than $1 billion in assets in a new financial institutions letter (FIL) FIL-19-2019, “Technology Service Provider Contracts.” Released on April 2,  2019.  This FIL was prompted by failings in third-party oversight uncovered in recent examinations. It reiterates guidance previously issued in FIL-44-2008, “Guidance for Managing Third-Party Risk,” and emphasizes...

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