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May 9, 2023 – Europe Day – marked a special day underlying the strong relations between Miami-Dade County and the European Union. For the first time, the EU Flag was raised together with the Miami Dade County Flag during a ceremony held at Government Center in Miami.

The event was an initiative of Ruth Emmerink, Consul General of the Netherlands and was hosted by Miami-Dade County International Trade Consortium (ITC).

Miami Dade County Mayor Daniella Levine-Cava, Oliver G. Gilbert, III, Chairman of the Board of County Commissioners, and Ruth Emmerink, Consul General of the Netherlands and Chair of the local EU Presidency in Miami, presided the ceremony also attended by the Consul Generals or Vice-Consuls for Florida of France, Germany, Ireland, Italy and Romania. EACC Florida was honored to be on the guest-list and was represented by Executive Director Christina Sleszynska.

Click on the image to watch the EU flag being raised.

The Biden Administration’s Blueprint for an AI Bill of Rights. As the use of artificial intelligence (AI) rapidly expands throughout the private sector and government, the Biden administration has published a report titled A Blueprint for an AI Bill of Rights. The report cites a myriad of issues with AI systems, including uses in hiring and credit decisions that have been found to reproduce existing inequities or create new harmful bias, uses in patient care that proved to be unsafe or ineffective, and increased collection or use of data that threatens people’s opportunities or undermines their privacy. The report argues these harmful outcomes are not inevitable and that the AI tools have the potential to revolutionize many industries and benefit all parts of society. Read more.

Here’s how Florida’s Immigration Law Could Lead to Construction Turmoil. This new immigration law in Florida targets undocumented people in the state. It could take a toll on the construction labor workforce, forcing contractors to raise wages and benefits to become more competitive. Read more.

Processing Sensitive Personal Information under U.S. State Privacy Laws. As of now, nine states (CA, CO, CT, IA, IN, MT, TN, UT, and VA) have passed comprehensive privacy laws that are in effect (CA and VA), or are about to go into effect sometime soon (CO, CT, IA, IN, MT, TN, and UT). If any of these laws apply to your business, it is important to note that each impose special requirements when it comes to processing what they respectively treat as sensitive personal information (also referred to as “sensitive data”, a type of “personal data” under some laws). These nine states have adopted three different approaches to processing sensitive personal information (“SPI”). Read more.

The State of M&A in Latin America. In this two-part discussion, Greenberg Traurig Latin America Practice Shareholder Oscar Stephens speaks about general trends in M&A activity in Latin America, what opportunities exist today, and what is the outlook for Latin America in the near term. Read more.

Managing Global Tax Controversies. This article examines some of the most pressing questions multinational corporations need to ask to improve how their staffs handle tax controversies around the world. Read more.

New SBA Rule Lift Small Business Lending Company Moratorium. The U.S. Small Business Administration (SBA) recently published new rules that lift the moratorium on licensing new Small Business Lending Companies (SBLCs) and add a new type of lending entity called a Community Advantage SBLC. This is a significant development for the small business lending industry as well as the companies they serve, with the potential to expand access to capital for underserved communities and entrepreneurs. Read more.

Cybersecurity: Is your Family Office Practicing Good Digital Hygiene? Family offices and their personnel are high-value targets for fraudsters. They face a wide range of sophisticated threats, including potential cyber attacks. The greatest cybersecurity risks, however, may come from within the family office itself. Read more.

EU Carbon Capture and Storage (CCS) Technologies Expected to Develop Rapidly in the Near Future. CCS technologies are rapidly gaining interest from policymakers, lobbyists and investors and are expected to develop rapidly in the near future. In order to secure its swift development in the EU, the plan announced the adoption of a legislative package that would simplify the permitting process, and facilitate access to public funds. Read more.

You are invited ! 12th EU-U.S. Small and Medium Enterprise (SME) Workshop. Birmingham, Alabama - Wednesday, September 13, 2023. The event is jointly organized by the European Commission's Directorate General for Internal Market, Industry, Entrepreneurship, and SMEs and the Directorate General for Trade, in collaboration with the Office of the U.S. Trade Representative, the Department of Commerce, and the Small Business Administration. Topics include EU-U.S. trade and technology collaboration, SME access to finance, strategies for equitable growth, ...

For details on how to attend: For U.S. participants: Please RSVP with your name, organization, city, state to [email protected] and the Alabama Department of Commerce at https://bit.ly/US-EU-SME For EU participants: Please RSVP with your name, organization, city, and Member State to [email protected].

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Together with its sister chapters, EACC Florida is part of a growing and highly dynamic transatlantic network reaching over 10,000 executives in the US and across Europe. With over 750 members, the EACC is a valuable resource for any size business. If you would like to get involved, let us know.