Transatlantic News

Transatlantic News

Brexit News, Chapter News, News

Progress made on Brexit “no-deal” contingency legislation

The College of Commissioners was today briefed by the Secretary-General Martin Selmayr and discussed the progress made on the Commission's contingency proposals for the undesirable but possible situation of a “no deal” Brexit. Michel Barnier, Chief Negotiator for Article 50 negotiations, updated the College on the latest state of play of the ongoing discussions with the UK government. To date, the Commission has tabled 19 legislative proposals, on which good progress has been made in the European Parliament and the...
Brexit News, Chapter News, News

ESMA supervision to focus on data, Brexit and cybersecurity in 2019

Press Release February 19, 2019 The European Securities and Markets Authority (ESMA) has published today its 2019 Supervision Work Programme, which details the main areas of focus for the upcoming year for ESMA’s supervision of Trade Repositories (TRs), Credit Rating Agencies (CRAs), and the monitoring of third-country market infrastructures such as third-country central clearing counterparties (TC-CCPs) and third-country Central Securities Depositories (TC-CSDs). ESMA currently directly supervises eight TRs and 27 CRAs. It also carries responsibility forfour certified CRAs and 32...
Brexit News, Chapter News

“NO DEAL”, And Farming…Where Are The Creative Solutions?

By John Bruton, former Irish Prime Minister (Taoiseach) and First EU Ambassador to the United States The beef sector will be worst hit, with a 350kg Irish beef carcass, worth 1295 euros, facing a 780 euro tariff on the UK market, if the UK applies WTO terms. If, instead, the UK adopts a zero tariff approach, Irish beef would face unlimited Brazilian competition. The emergency support measures, that the EU might introduce to deal with a No Deal crisis, would buy time...
Chapter News

EACC Insights: Country Spotlight- Slovakia

Brief Description of Country: Slovakia is a country located in the Central and Eastern European region (CEE) with a population of 5.4 million inhabitants and surrounded by five neighboring countries (Austria, Czech Republic, Hungary, Poland, Ukraine). The official language is the Slovak language, which belongs to the East Slavic Language Family. Slovakia is a member state of more than 60 of the most important international organizations such as the European Union (EU), NATO, the United Nations (UN), the Organization for...
Chapter News

Machine Learning and Workers: Is it a zero sum?

By the EACCNY - EACC Insights Editorial Note Machine learning advancements will reorient our labor economy in increasingly significant ways over the next several decades, and companies and governments must prepare its citizens for the many challenges as well as opportunities these advancements will create. Governments, private companies, and institutions at the local, regional, and state wide levels must engage with one another if the EU and US plan to prepare their workforces for these coming shifts. As an economic...
Brexit News, Chapter News, News, Uncategorized

No Deal and the Union…. Do Brexit Supporters Know Where They are Going?

By John Bruton, February 10,2019  We seem to be sliding inexorably toward a “No Deal” Brexit. Mrs May’s decision to prioritize a deal with the Brexiteers in her own party, over a possible deal with the Opposition, and the time limits imposed on all of us by Article 50, make a No Deal much more likely than it was a week ago. The EU is a rule based organisation, and it cannot afford to break its own rules if it wants to maintain...
Brexit News, Chapter News, News

U.S. Trade Representative Signs Wine and Distilled Spirits Continuity Agreements with the UK

02/04/2019 Washington, D.C. – On January 31, 2019, Ambassador Gregg Doud, USTR Chief Agricultural Negotiator, and Ambassador Kim Darroch, United Kingdom (UK) Ambassador to the United States, signed two agreements covering wine and distilled spirits today to ensure there is no disruption in trade of these products between the United States and the UK when the UK leaves the European Union (EU). Currently the United States has agreements on wine and distilled spirits with the European Union which cover trade...
Brexit News, Chapter News, News

Joint statement on behalf of President Juncker and Prime Minister May

Brussels, 7 February 2019 President Juncker and Prime Minister May have met today to review the next steps in the UK's withdrawal from the EU. The talks were held in a spirit of working together to achieve the UK's orderly withdrawal from the EU, especially in the context of a shared determination to achieve a strong partnership for the future given the global challenges the EU and the UK face together in upholding open and fair trade, cooperation in the fight...