Chapter News

How central banks meet the challenge of low inflation

February 5, 2016

Robert Marjolin was a pivotal figure in the birth of Economic and Monetary Union. When the Treaty of Rome was signed in 1956, the aims of European Economic Community were largely limited to creating a...

Keynote by Commissioner Jonathan Hill at the European Banking Authority’s 5th Anniversary Conference

February 5, 2016

From here, Britain has traded with the rest of Europe for centuries. Today, investment flows out from the Square Mile to the four corners of the continent, and financial services – this country’s...

EU’s Winter 2016 Economic Forecast: Weathering new challenges

February 5, 2016

The Commission's winter forecast shows that the overall growth outlook has changed little since the autumn but that the risk that growth could turn out worse than forecast has risen, mainly as a result...

To Brexit or not: UK in the EU: MEPs debate proposed reforms ahead of referendum

February 4, 2016

What will the UK’s future in Europe be like? The day after European Council President Donald Tusk proposed a settlement in response to UK demands for reforms, MEPs discussed the issue as part of a debate...

Bernd Lange on TTIP: “If there is no ambitious deal on the table, there is no deal”

February 4, 2016

Trade agreements can affect anything from employment to migration, so no wonder that people are interested in them. On 3 February our Facebook fans had the chance to ask Bernd Lange, the chair of the...

European Commission and United States agree on new framework for transatlantic data flows: EU-US Privacy Shield

February 3, 2016

The European Commission and the United States have agreed on a new framework for transatlantic data flows: the EU-US Privacy Shield. Today, the College of Commissioners approved the political agreement...

UPCOMING CHAPTER EVENTS

EACCNY Economic Update: Newsmaker with the ECB's Vìtor Constâncio

February 19, 2016 | 8:00am

Please join us for a joint EACC Reuters Newsmaker Breakfast on the work of the European Central Bank with ECB Vice President Vìtor Constâncio.

Newsmaker with Jyrki Katainen, European Commission Vice-President for Jobs, Growth, Investment & Competitiveness

March 01, 2016 | 8:00am

The European American Chamber of Commerce New York cordially invites you to a Newsmaker Breakfast with Jyrki Katainen European Commission Vice-President for Jobs, Growth, Investment & Competitiveness moderated by Paul Solman, Business & Economics Correspondent, PBS Newshour.

Base Erosion & Profit Shifting (BEPS) from a US and European Perspective

March 15, 2016 | 8:00am

Join us for an update on BEPS and a review of the Global Environment Resulting in These Activities. 

Upcoming Partner Events

Webinar - OFAC Enforcement Actions on the Rise: Effective Ways to Strengthen Your Compliance Programs

February 09, 2016 | 12:00pm

Sanctions offenses against the Office of Foreign Assets Control (OFAC) carry civil and criminal liabilities, with a single business trade or deal potentially resulting in multiple violations and hefty fines. In just a few years, civil penalties and settlements have grown from several millions of dollars to billions of dollars. Despite OFAC’s increasing enforcement actions, many businesses remain in the dark, putting OFAC compliance to the top of the agendas of boards and senior executives.

Influence, Relevance, Growth Italy's opportunity and new paradigm

February 23, 2016 | 7:15am

Influence, Relevance, Growth Italy's opportunity and new paradigm The Italian Business & Investment initiative, in collaboration with EACC NY member EY, invites you to join them in New York where European and Italian leaders will gather with their American counterparts to discuss - alongside representatives from government, business and the investment community - issues central to growth and investment opportunities between Italy and the United States.

Webinar - Data Protection Update

March 09, 2016 | 12:00pm

The demise of the EU-US safe harbor arrangement has been bad news for many businesses in the US and the UK. A new "EU-U.S. Privacy Shield" deal in principle has just been announced as the replacement to the safe harbor but it is already causing much controversy, is currently short on detail and is still subject to a number of hurdles before it can become effective. The much anticipated release of the final text of the onerous new EU General Data Protection Regulation (GDPR) due in the coming months only adds to the uncertainty. There is a lot to worry about in the world of data protection and cross border transfer of personal data.

OPENING RATES
EUR / USD 1.1192 / 1.1193
USD / JPY 116.84 / 116.85
GBP / USD 1.4529 / 1.4530
USD / CHF 0.9918 / 0.9919
USD / CAD 1.3752 / 1.3753
AUD / USD .7180 / .7181
USD / MXN 18.2648 / 18.2715
USD / CNY 6.5710 / 6.5780
EUR / JPY 130.82 / 130.83
EUR / GBP .7706 / .7707

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Member News

Connecting International Education to the Global Workforce

February 4, 2016

Global Professional Search Inc. (GPS) and the Institute of International Education (IIE) are partnering to connect young professionals from the U.S. and around the world to global enterprises that seek...

DS-Concept USA Appoints Charles Doc Lundberg as West Coast Vice President of Sales

February 2, 2016

DS-Concept USA, a member of the EACCNY and a provider of international trade finance to the small and mid-market, has appointed Charles Doc Lundberg as Vice President of Sales in the newly established...

U.S. Regulators Outline Examination and Rule-making Priorities for 2016

February 1, 2016

As the new year got underway, U.S. regulators gave the industry a glimpse into their plans for 2016. The Securities and Exchange Commission (“SEC”) released its 2016 investment adviser examination...

Ogletree Deakins Elects New Managing Shareholder

February 1, 2016

C. Matthew Keen has been elected Managing Shareholder of Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), effective February 1, 2016. Keen was elected during the firm’s annual...