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EDUCATES

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TRANSATLANTIC NEWS

Chapter News, News, Trade & TTIP Related

Eurostat | Euro Area International Trade in Goods Surplus €8.6 bn

€3.9 bn surplus for EU Euro area The first estimates of euro area balance showed a €8.6 bn surplus in trade in goods with the rest of the world in June 2026, compared with + €4.8 bn in June 2025. The euro area exports of goods to the rest of the world in June 2026 were €272.5 billion, an increase of 14.4% compared with June 2025 (€238.2 bn). Imports from the rest of the world stood at €264.0 bn, a rise of 13.1% compared with June 2025...
Chapter News, News

ECB | The AI Boom: Rational Enthusiasm or the Next Dot-Com Bubble?

Blog | The rise of AI has driven a blistering rally in the tech sector, bringing stock market valuations to levels last seen during the dot-com bubble. Although AI is reshaping the economy, do today’s high valuations bear the risk of an abrupt and painful setback in the euro area? Valuations on the US stock market, as measured by the CAPE ratio, are currently close to their historical peak. Euro area equity valuations have also risen, albeit to a lesser extent...
Chapter News, News

IMF | The Cost of Geoeconomic Coercion

Governments have good reasons to use tariffs or sanctions for geopolitical purposes but should consider the trade-offs. Governments worldwide increasingly are using economic policies, such as export bans, financial sanctions, and trade tariffs, to achieve noneconomic goals. The benefits of these geoeconomic policies can be significant, accomplishing a geopolitical purpose without threatening, or using, military force—and without the high human and economic costs of war. Perhaps the world should welcome this. Yet coercive policies can be costly for nations that impose...
Chapter News, News

ECB | Cash Remains Most Widely Accepted Payment Method in Euro Area

Overall, 92% of companies with physical points of sale accept cash Cash acceptance rebounds after decline observed during and after pandemic Cash widely valued for privacy and reliability, while acceptance of mobile payments rises sharply According to the latest survey on the use of cash by companies in the euro area published today by the European Central Bank, cash acceptance has rebounded slightly. In 2026, 92% of companies selling goods and services in physical locations in the retail trade, restaurants and cafés,...
Chapter News, News

European Commission | New Packaging Rules for Less Waste and Easier Recycling

From 12 August 2026, new rules on packaging and packaging waste apply in the EU. This will change the way products are packaged to protect the environment and people’s health. It will also create opportunities for businesses. Packaging uses large quantities of raw materials and generates waste that ends up in landfills or the sea. Some chemicals used in packaging can also be harmful. The new rules address these issues by setting requirements for the manufacturing and composition of all packaging placed on the EU market. They also require...
Chapter News, News

ECB | From Well to Pump: How Fuel Prices are Formed

Blog | Retail fuel prices have surged in 2026 following the outbreak of the conflict in the Middle East, driving up euro area energy inflation. In this blog, we examine the factors that drive fuel price dynamics at the pump. Rising oil prices amid the conflict in the Middle East have put the public spotlight back on fuel costs and their potential impact on inflation. This blog post explains how changes in crude oil prices feed through to what consumers...

UPCOMING EACC EVENTS

Transatlantic Energy Strategies at a Turning Point: Markets, Geopolitics, and Infrastructure Investment Needs

Global energy markets are undergoing a period of profound change. Geopolitical tensions, shifting supply chains, and the accelerating demands of the AI and digital‑technology revolution are reshaping how nations think about energy security, affordability, and long‑term resilience. As electricity consumption rises and competition for reliable resources intensifies, both Europe and the North America face pressure to diversify their energy mixes and modernize aging infrastructure.

    PARTNER EVENTS

    WEBINAR | The EU Data Act - One Year On

    Hosted by Wilson Sonsini | On September 12, 2025, the EU Data Act introduced new obligations for companies that manufacture connected products, provide related services, offer cloud or SaaS services in the EU, or participate in EU data-sharing arrangements.

      MEMBER NEWS

      Member News, News

      FBT Gibbons | It’s Election Season: Investment Advisers Beware of the SEC Pay-to-Play Rule

      With highly contested midterm elections less than three months away, investment advisers must be aware of, and pay close attention to, the Securities and Exchange Commission’s (SEC) pay-to-play rule governing their business, SEC Rule 206(4)-5. The rule provides that when investment advisory firms and their covered associates make political contributions to certain candidates, the firms are prohibited from providing services for compensation to the governmental entities that the candidates can control or exert influence over. The rule also prohibits...
      Member News, New York Related News, News

      Troutman Pepper Locke | From Broad to Barely There: The NYLTA’s Dramatic Scope Reduction

      Key Points The New York Limited Liability Company Transparency Act (NYLTA), effective January 1, 2026, applies exclusively to LLCs formed under the laws of a foreign country that are authorized to do business in New York — all U.S.-formed LLCs are exempt from its beneficial ownership information (BOI) reporting requirements. Foreign LLCs authorized to do business in New York before January 1, 2026, must file an initial BOI Disclosure Report or Attestation of Exemption by December 31, 2026; those...
      Member News, News

      A&L Goodbody | Asset Management & Investment Funds: EU & International Developments – July 2026

      ESMA CSA on the risk management function The European Securities and Markets Authority (ESMA) launched a Common Supervisory Action (CSA) on the risk management function of UCITS management companies and alternative investment fund managers (AIFMs) across the European Union. The CSA will be conducted throughout 2026 and 2027, in close collaboration with national competent authorities (NCAs). The objective of the CSA is to assess how market participants comply with key risk–related provisions under the UCITS and AIFMD frameworks. The focus will be on...
      Member News, News

      Ashurst Perkins Coie | Transcending Borders: Employee Mobility Issues for Multinational Employers

      What you need to know Where an organization wishes to engage or move personnel overseas, the most common structures include: Using an employer of record (EoR); Having the employee work remotely under the home country employment contract; Engaging personnel under an alternative working arrangement (e.g., as a contractor); Seconding personnel to a local entity; and Putting an employee on a leave of absence or the home country employment ceasing to operate and employing them with the local entity. Each of these...
      Member News, News

      Offit Kurman | AI, Data Breaches, and an Old Lesson from the Law of Bailment

      OpenAI recently disclosed that, during testing of one of its frontier artificial intelligence models, AI agents working to solve assigned tasks found ways to access the internet and ultimately infiltrate the systems of another AI company, Hugging Face. They did so through pathways OpenAI's developers never intended them to reach. The incident quickly dominated technology and cybersecurity headlines. It also prompted OpenAI to send two of its security engineers to Black Hat USA 2026, one of the cybersecurity industry's...
      Member News, News, Trade & TTIP Related

      Fox Rothschild | White House Targets Tariff-Dodging Transshipment with Heightened Enforcement

      A report says companies are routing billions of goods from high-tariff countries like China through countries like Mexico, Vietnam and Malaysia. Key Points A White House report pegs tariff-evading transshipment at least $34.2 billion annually and names several countries as primary conduits for Chinese goods entering the U.S. under false origin claims. Customs and Border Protection is deploying an AI-powered enforcement system that cross-references origin declarations, routing data, and component sourcing to flag evasion at scale. Companies should review country-of-origin...

      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

      Grassi is a leading independent, employee-owned advisory, tax, and accounting firm serving middle-market businesses, public companies, high-net-worth individuals, and nonprofits. Ranked the 52nd-largest firm in the United States, Grassi delivers a relationship-driven approach to help clients manage complexity, drive growth, and achieve long-term success.

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      EACCNY in Numbers

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      EACCNY Presidential Circle and Platinum Members

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