Transatlantic News

Transatlantic News

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Central Bank Issues Consultation Paper on AIFMD

The Central Bank of Ireland (the “Central Bank”) has issued Consultation Paper CP 60 (the “Consultation Paper”) in relation to the Alternative Investment Fund Managers Directive (the “AIFMD”) and its implementation in Ireland. AIFMD The AIFMD will come into effect on 22 July 2013 and will apply to all alternative investment fund managers. The transposition of the AIFMD into Irish law will be by means of secondary legislation, meaning a statutory instrument which can be expeditiously signed into law by the...
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EU Industrial Revolution To Deliver Jobs And Growth

Keeping the "real economy" healthy and at home is vital to economic recovery and growth in Europe. The EU's proposed support for strengthening its industry will foster the necessary investment in new technologies and rebuild a climate of confidence and entrepreneurship. Currently, industry accounts for about 16 percent of EU GDP-the goal is 20 percent by 2020. To read more click here. On this page: Industrial revolution brings industry back to Europe Industry Communication - Lack of confidence triggers lack of investment 2012 Report on...
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Mayor Bloomberg And Economic Development Corporation Launch Competition To Promote 3-D Printing And Innovative Manufacturing As Shapeways Opens New York City Facility

Six New York City-Based Inventors Will Win Opportunity to Prototype New Products While Receiving Studio Space from Sponsor NYDesigns and Mentorship from Industry Leaders Shapeways, Adafruit Industries, and Honeybee Robotics. Shapeways’ New 25,000-Square-Foot Factory of the Future Can Print as Many as 5 Million Products a Year; Company Moved Facility from the Netherlands. Mayor Michael R. Bloomberg and New York City Economic Development Corporation Seth W. Pinsky today announced the launch of “New York’s Next Top Makers,” a competition to promote...
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New York City Economic Development Corporation Accepting Nominations for Third Class of “NYC Venture Fellows”

Prestigious Year-Long Fellowship Program, Created in Partnership with Fordham University, Connects Entrepreneurs from Around the World with Mentors from Leading Companies. Previous Fellows Include Prominent NYC Start-Up Companies Foursquare, Etsy, and Warby Parker. New York City, October 11, 2012 – New York City Economic Development Corporation (NYCEDC) today announced that nominations are open for the third class of NYC Venture Fellows, a year-long fellowship program to establish the next generation of global entrepreneurs in New York City. Originally established in 2010 by...
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EU NEWSBRIEF: Mission Growth: EU Reinforces Industrial Policy

The European Commission announced today priorities to boost industry growth in Europe, rebuild a climate of confidence and entrepreneurship, and to ensure the long-term competitiveness and sustainability of Europe's industry. "We cannot continue to let our industry leave Europe," said European Commission Vice President Antonio Tajani, Commissioner for Industry and Entrepreneurship. "Our figures are crystal clear: European industry can deliver growth and can create employment... By working together and restoring confidence, we can bring back industry to Europe." The reinforced industrial...
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Judge issues first ruling expanding whistleblower protections under Dodd-Frank

Published on September 28, 2012 by Pat Dulnier at BankCreditNews (BCN) A U.S. district judge’s ruling in the Kramer v. Trans-Lux case on Tuesday may expand whistleblower protections under the 2010 Dodd-Frank Act. Kramer filed a whistleblower suit against Trans-Lux Corporation following his termination after the company’s board of directors and the Securities and Exchange Commission were notified that his supervisors were violating pension plan rules, costing taxpayers millions of dollars. Judge Stefan R. Underhill ruled earlier this week that part of...

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