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Member News
Member News
02
Nov
VULCAN VIEW - KEY EVENTS THIS WEEK:
BREXIT Brexit talks on financial services reveal continued divisions on tradeReports emerged this week that Brussels and London reached an agreement on financial services trading, causing the pound to rise significantly on Thursday. The question of the UK’s financial services sector’s access to the EU market has been a key issue in negotiations, as UK-based banks have pushed for close alignment with the EU. The EU’s existing “Equivalence” regime for third countries allows non-EU financial...
02
Nov
Following the recent Salzburg summit where the EU rebuffed Theresa May’s Chequers Plan, business across the UK are grappling with the possibilities of Brexit, and what the UK’s departure from the EU will look like on a practical level. Whilst many SMEs, including participants in our recent Brexit survey, are approaching the break with a cautious optimism, they are also busy with contingency planning in the event of a no-deal scenario.
What businesses and employees alike are craving is certainty...
01
Nov
By Jeroen Kortmann | Partner Amsterdam
On 24 October 2018, the European Court of Justice ruled that a choice of forum clause in a contract between Apple and eBizcuss, a former reseller of Apple products, may apply to abuse of dominance claims, even when the clause does not explicitly refer to disputes relating to liability resulting from a competition law infringement.
In 2012, eBizcuss brought damages proceedings against Apple in France claiming that Apple had abused its dominant position. Apple, however, argued that the French...
31
Oct
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).
As far as Europe is concerned, this month’s report includes articles on France, Greece, Luxembourg, Slovenia and the United Kingdom. In the USA, articles include California and...
30
Oct
Written by Roger James of Ogletree Deakins and Matthias Unterrieder
New legislation is on the way, which will introduce significant changes to Austrian rules on working hours. The employer-friendly legislation will increase maximum daily and weekly working hours and allow employers more flexibility in creating work schedules.
The maximum daily working time will be increased to 12 hours (from 10), and the maximum weekly working time will be 60 hours (up from 50) in any given week. This will significantly reduce...
30
Oct
When it comes to HR and payroll, the European market can be particularly complex for US-based companies. Here’s why.
While the 28 member countries of the European Union are unified in some ways, when it comes to HR and payroll, they can vary greatly, from how they implement EU directives to government disclosure requirements. And non-EU member states such as those in Eastern Europe, Switzerland and Scandinavia present unique difficulties of their own.
If you’re experiencing headaches coordinating HR and payroll...
30
Oct
By Len Adams
A staffing partner can be an incredibly valuable asset for businesses hoping to find the best talent. However, not all recruiters are created equal and you will only be as successful as the firm you choose to partner with. So how do you decide who to partner with? There are several simple ways that you can use to determine whether a firm is right for you.
Responsiveness
This is a very quick way to gain insight into the staffing...
30
Oct
By Marc S. Friedman | Director of Professional Relations | Global Commerce Education
Last week I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #1 - The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive. In this article, the third in a series, I address Myth #2 – that forming a business in the US takes a very long time...
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