Member News

Member News

Member News

The Green New Deal: What It Does and (Mostly) Doesn’t Do

By Michael Obeiter | Taite R McDonald | Beth A Viola | Amy L Edwards | Holland & Knight HIGHLIGHTS: Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.) on Feb 7, 2019, released companion resolutions that provide a framework for prospective legislation on a Green New Deal (GND), an ambitious climate policy. The GND proposals are instructive and can serve as a blueprint for a potential climate and energy package for the next Democratic president to propose to Congress, or...
Member News

Kempen Corporate Finance & Equity Capital Markets – looking back and ahead

Kempen in 2018:  €37 billion of transactions executed As a result of our versatile service offering, Kempen Corporate Finance achieved a record year in revenues having successfully advised on 38 M&A, ECM and Debt Advisory transactions with a volume of €37 billion. Against the backdrop of the capital markets the center of gravity has shifted to M&A, including public take-overs. More than half of these transactions were international cross-border transactions. Despite the increased public market volatility we have been able...
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The Ripple Effect: California Enhances US Privacy Protections After the Splash Made by the GDPR and Makes Further Waves by Passing Cybersecurity Legislation for IoT Devices

By Michael Bahar, Frank Nolan and Ali Jessani Europe’s General Data Protection Regulation (GDPR) fell like a meteor, sending waves of enhanced privacy legislation to distant shores. The tidal wave first came ashore in the US when, in June 2018, the California Consumer Privacy Act (CCPA) was passed. The CCPA’s sweeping privacy protections borrow heavily from GDPR principles and, like its European counterpart, have an ambitious extraterritorial reach which will cause companies around the world to undertake significant compliance efforts.  Three...
Member News

10-Step Guide To New Mandatory Breach Reporting Regulations

Cybersecurity threats defy national borders. Businesses offer goods and services to individuals worldwide, and the cyber attacks against those organizations is not limited geographically.  The recent introduction of mandatory breach reporting in Canada should be of interest to organizations worldwide.  For example, a breach involving a U.S. based organization might give rise to reporting and notification obligations in Canada, as well as litigation (including class actions) in Canada. Beyond the potential regulatory fines (which are admittedly minor in comparison to...
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AI as a Tool

By Len Adams | ACG Resources There has been much hype recently about artificial intelligence and its application to the future of work. Artificial Intelligence (AI) is being touted as the wave of the future. While I do agree that AI has a place in the no too distant workplace, I do not believe that it will be a threat. Yes, some functions may change or be eliminated,  similar to the advent of the computer many years ago. What will happen...
Member News

AI in Canada: How the Government of Canada invests in artificial intelligence and start-up innovation

By the Government of Canada In the face of global economic challenges, the Government of Canada is continuing to make investments in projects to help innovative companies grow, including start-ups, to create well-paying middle-class jobs and to ensure Canada punches above its weight in a competitive global market. Recently, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced an investment of $25 million in the Creative Destruction Lab (CDL), a non-profit organization based at the University of Toronto that merges science-based projects...
Brexit News, Member News

Luxembourg proposes transition period for UK-based fund managers in case of hard Brexit

The Luxembourg parliament has released a draft bill dated 31 January 2019 in respect of measures to be taken in connection with the financial sector in case of a hard Brexit. As regards AIFMD, the draft bill grants special powers to the Luxembourg supervisory authority for the financial sector (CSSF) with a view to maintain the good functioning or stability of the financial markets or guarantee the protection of investors.Based on the proposed powers, in case of a hard Brexit, the...
Member News

Steering the Road Safety Conversation Towards Good Vision

Kristan Gross, Global Executive Director | Vision Impact Institute As we move into February, many of us may be wondering what happened to January. It seems that the month flew by. While it might be a struggle to keep those resolutions that we made a few short weeks ago, there is no shortage of inspiration for us to continue giving vision a voice.Recently, I found inspiration in the students at Makerere University in Uganda who are using their education to make a...

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