Member News

Huawei trouble lifting safe haven status in USD

Monday, May 20th, 2019

Overview: The U.S. Dollar has managed to maintain its gains of an overall average of 0.5% thus far this May, according to the Bloomberg Dollar Spot Index.Fluctuations in the FX market have not been totally unfavorable to the greenback, which has found its way back as a result of growing uncertainty over trade with developments […]

Update on Property Tax Issues: May 2019

Monday, May 20th, 2019

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).   […]

USTR Issues Proposed List 4 Extending Sec. 301 Tariffs To “Essentially all” Remaining Chinese Imports

Friday, May 17th, 2019

On May 13, 2019, the U.S. Trade Representative (“USTR”) issued a proposed List 4 which threatens to impose additional tariffs of up to 25% on “essentially all” Chinese products imported into the U.S. that were not covered by previous section 301 pronouncements. Pharmaceuticals, certain chemicals made into prescription pharmaceuticals, rare earth minerals and critical minerals […]

The Weekly Vulcan View | Analysis of Latest EU Developments May 13 – 17

Friday, May 17th, 2019

Key Events This Week Polls predict decimation of Tories in European elections Latest polling puts Nigel Farage’s Brexit Party ahead of the pack in the race for the European elections. Polls suggest that the Brexit Party commands between 30% and 34% of the prospective vote for the upcoming European elections, taking place on 23 May. […]

EU Regulator Issues New Rules on Use of Technology in Banking and Fintech

Wednesday, May 15th, 2019

On February 25, 2019, the European Banking Authority (EBA) published its final Guidelines on outsourcing (Guidelines) to ensure that sound risk management measures are adopted by banking, financial, and payment institutions (Institutions). These Guidelines will become effective September 30, 2019 and specifically highlight FinTech and data protection issues. This not only reveals some potential regulatory […]

Toy Community Says Trump’s Tariffs Will Hurt American Families, Jobs, & Businesses

Wednesday, May 15th, 2019

The Toy Association – the not-for-profit trade association representing the toy, game, and youth entertainment product businesses that drive the annual $28 billion American toy market and are leaders around the world – announced today that the Trump administration’s proposed 25 percent tariffs on $300 billion in Chinese imports, including children’s toys, would irreparably harm […]

European framework regulation on foreign direct investment now in force – Foreign investors must prepare in particular for further delays in screening

Wednesday, May 15th, 2019

By Dr. Max Helleberg & Dr. Bärbel Sachs | Noerr LLP As previously reported, the European Union has adopted a framework regulation for the screening of foreign direct investments into the Union. It entered into force on 11 April 2019. However, the Regulation will not apply until 11 October 2020. Unusually for an EU Regulation, […]

The impact on the Italian Corporate Law of the new Italian Code of Business Crisis and Insolvency

Wednesday, May 15th, 2019

Pursuant to the Law No. 155 of October 19, 2017 delegating the Italian government to reform state provisions governing business crisis and insolvency, the Legislative Decree No. 14 was enacted last January 12, 2019 (“New Code”). While most of the new provisions on business crisis and insolvency will enter into force next August 15, 2020, […]

Potential Changes to U.S.-Canadian Border Policy

Tuesday, May 14th, 2019

By Jorge Lopez and Elizabeth Whiting on May 7, 2019 On April 25, 2019, the American Immigration Lawyers Association (AILA) issued a practice alert announcing that the nationwide immigration association had “been in discussions with CBP [Customs and Border Protection] related to what appeared to be an unannounced policy change in L-1 adjudication at the […]

Health Care Cos. Should Beware DOJ’s Use Of Travel Act

Monday, May 13th, 2019

By Jonathan Halpern, Jenna Bigornia & Ilenna Stein | Holland & Knight LLP Doctors, hospitals and others in the health care space should take to heart the increasingly aggressive position the U.S. Department of Justice is taking, including through an expansive application of state bribery laws under the Travel Act, in bringing federal health care prosecutions. […]