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TRANSATLANTIC NEWS

Chapter News, News

PwC: Executives Prepare for Rising Cybersecurity Budgets as AI Threats Grow

More than four-fifths (84%) of surveyed security and finance leaders expect cyber budgets to rise over the next twelve months—up from 78% last year—as nearly three-fifths (58%) cite AI in their top cyber budget priorities Even as frontier AI models are rolled-out, less than two-fifths (39%) have a fully formalised and operational continuity plan that specifically addresses cyber risks Half (50%) identify attacks targeting AI systems among the cyber threats they’re least prepared to address, yet just over...
Chapter News, News

Digital rulebook: Council agrees position to simplify data protection, privacy and cyber reporting rules

Today, the Council agreed its position on the proposal to simplify certain rules on data protection, privacy and cybersecurity, while maintaining strong levels of protection for personal data. The changes aim to make the EU’s digital rulebook clearer and easier to apply for businesses, public administrations and citizens, to support EU competitiveness The proposal forms part of the so-called 'Omnibus VII' legislative package in the EU’s simplification agenda. The package includes measures to simplify the EU’s digital legislative framework and the...
Chapter News, News

ECB | Statement by Christine Lagarde at the 54th Meeting of the International Monetary and Financial Committee

IMF Annual Meetings, 17 October 2026 Lagarde described the euro-area economy as resilient but exposed to energy-driven downside risks, expects inflation to stay above target into the first half of 2027, and called for adoption of the digital euro regulation by the end of 2026. Introduction The global economy has proven surprisingly resilient in the face of high uncertainty. The conflict in the Middle East continues to expose energy markets to sharp swings. Trade tensions and protectionist measures are weighing on confidence...
Chapter News, News, Uncategorized

IMF | World Economic Outlook, October 2026: Global Growth Holds Up at 3.1%, Eurozone at 1.1%

The IMF raised its 2026 global growth forecast to 3.1% and expects the eurozone to grow 1.1% this year and 1.2% in 2027, while warning of high energy prices, low European gas inventories and the risk of a reversal in the AI boom. Global economic activity has proven resilient once again. The technology upturn, buffers, and adaptations have helped mitigate the damage from geopolitics-driven disruptions. Global growth is projected to slow to 3.1 percent in 2026 and rebound to 3.4...
Chapter News, News

IMF | What Is Needed for Tokenization to Deliver

IMF Blog post | Realizing tokenized markets’ potential depends on legal and regulatory clarity, greater interoperability, appropriate settlement assets, and financial stability safeguards to contain risks. The promise of tokenization is enticing: faster transactions, lower costs, broader access, and seamlessly operating markets. The reality, at least for now, is more complicated. Although growing rapidly, tokenized markets remain very small and fragmented. Yet investors are already showing interest in some of their key features, such as round-the-clock trading and fractional ownership...
Chapter News, News, TRIA News

European Commission | Questions and Answers on the Critical Raw Materials Strategic Projects

What is a strategic project? Strategic projects are projects that make a significant contribution to the EU's security of supply of strategic raw materials by helping diversify sourcing away from dominant suppliers, often China. They can cover different stages of the raw materials value chain, including extraction, processing, and recycling. To qualify, projects must meet the criteria set out in the Critical Raw Materials Act (CRMA), including requirements related to their contribution to security of supply, technical feasibility, sustainability, and...

UPCOMING EACC EVENTS

Powering the AI Economy: Data Centers at the Crossroads of Energy, Capital, Real Estate, and Policy

As AI-driven compute demand accelerates, data centers are becoming strategic infrastructure assets whose success depends not only on construction speed and capital availability, but also on reliable power, clean energy procurement, grid access, site selection, connectivity to fiber network, supply-chain resilience, cybersecurity, and cross-border ownership considerations.

    PARTNER EVENTS

    WEBINAR | Financial Strategy for Profitability and Growth

    Hosted by CLA (CliftonLarsonAllen) | Growth creates complexity — and finance plays a critical role in navigating it. As organizations grow, finance must evolve from function to a strategic driver.

      MEMBER NEWS

      Member News

      LVMH : US Demand Supports LVMH in the Third Quarter

      LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €57.1 billion in the first nine months of 2026. Organic revenue growth came to 2%. Backed by its diverse range of businesses, LVMH remained very solid in an uncertain geopolitical and economic environment, and maintained its innovative momentum. In the third quarter, organic revenue growth reflected the impact on business activity of a less buoyant environment in China, while the United States, Europe and Japan saw...
      Member News, News

      Property Tax in the News – October 2026

      IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, a number of summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found...
      Member News

      Arthur Cox | EU Inc.: Driving the EU Competitiveness Agenda

      Under Ireland’s 2026 EU Council Presidency, Arthur Cox sponsors a Dublin event on the future of European company law and the “EU Inc.” / 28th regime proposals, with keynotes from EU Commissioner Michael McGrath and Irish Minister Peter Burke. An event hosted by the Dublin European Law Institute at Dublin City University, in The Helix on Thursday 29 October 2026. 08/10/2026Events Held as part of Ireland’s 2026 Presidency of the Council of the European Union programme of associated events, the discussion will...
      Member News

      Troutman Pepper Locke | Eight State AGs Sue OpenAI Over ChatGPT Safety and Consumer Protection

      Eight state attorneys general sued OpenAI on 14 October, alleging ChatGPT was marketed as safe while harming users, especially minors – a sign that states are using existing consumer protection laws to regulate AI without waiting for federal rules. Key Points The attorneys general of Arizona, Arkansas, Idaho, Iowa, Kansas, Montana, Nebraska, and West Virginia sued OpenAI in their respective state courts, alleging deceptive practices related to ChatGPT’s safety. Some states also assert privacy, product liability, and other claims. The...
      Member News

      Thompson Hine | CIT Certifies IEEPA Tariff Refund Class

      The U.S. Court of International Trade has certified a class of importers seeking refunds of IEEPA duties on finally liquidated entries – an important development for European and American companies that paid these tariffs. On October 8, 2026, the U.S. Court of International Trade (CIT) granted a broad class certification for importers subject to the International Emergency Economic Powers Act (IEEPA) tariff regime, which the Supreme Court of the United States (SCOTUS) invalidated on February 20 (see Update of February...
      Member News

      Cresa | When the Lights Go Out 

      1140 Sixth Avenue has windows running along its entire north side. By 2029, many of them will be looking at a 400-room hotel going up on the vacant lot next door at 1150 Sixth. For the tenants on the floors below the new building's height, the light and views they signed up for have an expiration date that wasn't in their lease. That's the lesson this month kept reinforcing for me: light and views are among the things companies value...

      Latest & Leading

      New Micropodcast Series: What’s Happening Across the Atlantic

      The EACCNY is happy to announce the launch of its “What’s Happening Across the Atlantic” series, an initiative that aims to offer our members and wider audience hands-on updates on current affairs and policy developments on both sides of the pond. In these 3-5 minute segments, EU and US policy makers and experts along with a select group of EACCNY members will answer a single timely question: What’s Happening Across the Atlantic” focusing on a specific topic that is relevant to our audience.

      Member Spotlight

      Levine Keszler is an independent French corporate law firm founded in 2018, providing agile, high-quality legal services for complex transactional operations. The firm offers tailored solutions with deep market insight, combining flexibility and precision to meet client needs across diverse industries. As a member of the European American Chamber of Commerce New York (EACCNY), Levine Keszler actively fosters transatlantic business connections and contributes to discussions on regulatory trends, ESG frameworks, and corporate governance. With expertise in cross-border transactions and sustainable investment strategies, the firm delivers global perspectives grounded in local knowledge. Amid recent unrest in France, Levine Keszler remains committed to resilience, stability, and supporting its community.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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