Where Europeans & Americans Connect to do Business
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A Message from the President
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Alan Sutin, President EACC Florida
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EACC #COVID-19 STORIES
More from Members and Friends
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Hear from CEOs, diplomats and high-level executives about how the health crisis is affecting them, their business and what recovery looks like to them.
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Cyber Security Threat Management during a Global Disruption like the COVID-19 Pandemic
July 7, 2020
10:00 AM - 11:00 AM EDT - 4:00 - 5:00 PM CET
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In today’s increasingly digitized world and with the economy, and the way we work being disrupted by the COVID-19 pandemic, cyber threats are on the rise. Now that nearly all firms are working 100% remotely, hackers are increasingly creative. Aside from the inability to adequately monitor VPN access points and usage of equipment, the fear and distraction due to the virus and the lock-down measures, create a perfect backdoor into computer systems.
Companies need to be better prepared and deploy more sophisticated strategies and solutions to protect their business and to consistently analyze if their systems were intruded in order to avert a later attack.
This program brings together Cyber Security experts and practitioners from the US and Europe to address issues such as Hacking Trends & Tools of the Trade on both sides of the Atlantic; Cyber-Regulation in the EU & US; Prevention & Breach Management; Internal Preparedness Soft spots; and more.
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Business travel, Immigration and COVID-19: the Impact of the Latest Presidential Proclamation
The June 22 Presidential Proclamation suspending the issuance of temporary work visas is the latest disruption significantly impacting international travel and immigration resulting from COVID-19. Matthew Wagner and Katie Collier from Frost Brown Todd will discuss the Presidential action and other recent immigration developments, focusing on how they impact foreign executives and managers, foreign investment and international business travel to and from the United States
This program is brought to you by:
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July 16, 2020
11:30am EDT I 5:30pm CET
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Pivoting to Recover: What Will M&A Look Like Post COVID-19?
This program brings together M&A experts and practitioners from Europe and the United States to address key questions for the months ahead including:
- How will the appetite for M&A change as the economy goes through the phases of COVID-19 recovery?
- What are the phases of recovery for M&A? (In France, Cross-border)
- What will the M&A appetite be across various sectors (Media, Retail, Hospitality)? Will some be initially more or less robust than others?
- What is the future of distressed LBOs, Hedge-funds and NPLs in the market? How are/will they support their portfolio companies and prepare for the future?
- How should be PE firms be evaluating their portfolio companies/exit strategies now to best leverage recovery tailwinds?
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July 16, 2020
10:00am EDT I 4:00pm CET
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Will Return to Work take us Back or to the Future?
What to expect and how to prepare for Return to Work? Businesses are beginning to re-open, but there is no one-size-fits-all strategy plan on how to do this. How do you implement various guidelines and how do they anticipate on what comes next when so much remains unknown? We are bringing together experts from Europe and the U.S. to offer an in-depth comparison of guidelines and best practices for labor and employment law on both sides of the Atlantic
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July 22, 2020
10:00am EST | 4pm CET
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Immigration Update - Visa Options for Europeans and Canadians in the Age of COVID-19 & in the Light of Recent Developments.
As of April 22, a temporarily halt on immigration known as the “COVID-19 Proclamation” came into effect; suspending all routine visa services at U.S. embassies and consulates. This measure, in addition to the many changes to the U.S. immigration system ordered in 2019 by the current U.S. Administration, has had a significant impact on the lives of millions of immigrants living legally in the United States.
Immigration Reform (2019) was designed to slow legal immigration and to strengthen the Department of Homeland Security’s ability to enforce immigration laws, create obstacles in the immigration process for some, and streamline the path to obtain immigration benefits for others. Some of these changes are taking effect in 2020, and even more changes may be on the horizon.
Join our panel for an update on U.S. immigration and how it may affect you and your business or your ability to conduct business in the United States.
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Programs are being developed to make them as current and informative as possible under the constantly changing circumstances. For updates, please visit our
events page
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MISSED SOMETHING ?
JUNE PROGRAMS AT GLANCE
- Transatlantic Trade Update Post-Covid19 – A Fire-Side Chat with former WTO Director-General Pascal Lamy - Members only
- CHALLENGES AND OPPORTUNITIES AFTER THE COVID-19 SHOCK - A Fire-Side Chat with French Economist Nicolas Bouzou - Members only
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EU Starts Lifting Travel Restrictions for Residents of Some Third Countries but not the US.
June 30 - As it starts lifting travel restrictions within the EU, the Council has agreed to the gradual lifting of the temporary restrictions on non-essential travel into the EU from some third countries as of July 1st. The list will be reviewed and updated every 2 weeks. For now, the United States and Brazil do not appear on the list.
Read further.
President Trump Extends Suspension of Green Cards and Certain Visas through the End of 2020.
June 22 - President Trump has signed a "Proclamation Suspending Entry of Aliens Who Present a Risk to the U.S. Labor Market Following the Coronavirus Outbreak". This is an extension until the end of 2020 of an executive order halting new green cards while also blocking temporary work visas.
Read further.
US Economic Indicators - International Trade.
June 25 - The international trade deficit was $74.3 billion in May, up $3.6 billion from $70.7 billion in April. Exports of goods for May were $90.1 billion, $5.5 billion less than April exports. Imports of goods for May were $164.4 billion, $1.9 billion less than April imports.
Read further.
Data Protection - Report on Two Years of GDPR.
June 24 - The European Commission has published a report analyzing the impact of the GDPR, its data protection legislation. Among others it finds that t
he GDPR has emerged as a reference point and acted as a catalyst for many countries and states around the world considering how to modernize their privacy rules. Chile, South Korea, Brazil, Japan, Kenya, India, Tunisia, Indonesia, Taiwan and the state of California, to name but a few.
Read further.
European Innovation Scoreboard Published.
June 23 - The European Commission's 2020 Innovation Scoreboard shows that a
t the global level, the EU has a performance lead over the United States, China, Brazil, Russia, South Africa, and India, and a performance gap with South Korea, Canada, Australia and Japan. Broadband penetration, International scientific co-publications, and Non-R&D innovation expenditures have led innovation performance in the EU with Denmark, Finland, Luxembourg, the Netherlands, and Sweden in he lead with innovation performance well above the EU average.
Read further.
Sustainable Finance: Adoption of Taxonomy Regulation.
June 18 -
The European Parliament has adopted the Taxonomy Regulation – a key piece of legislation that will contribute to the European Green Deal by boosting private sector investment in green and sustainable projects. Once implemented in the EU Member States, this piece of legislation will help create the world's first-ever “green list” – a classification system for sustainable economic activities – that will create a common language that investors can use everywhere when investing in projects and economic activities that have a substantial positive impact on the climate and the environment.
Read further.
European Commission Kicks Off Major Review of its Trade and Investment Policies.
June 16 – In a post-COVID world, the European Union needs a strong trade and investment policy to support economic recovery, create quality jobs, protect European companies from unfair practices at home and abroad, and ensure coherence with broader priorities in the areas of sustainability, climate change, the digital economy and security. This policy review will set the political direction for EU trade and investment policy in the years to come. Read further
here
and here.
OECD Publishes Global Economic Outlook.
June 10 - The
OECD Economic Outlook
is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarizing developments and providing projections for each individual country.
Read further.
EU-Chile 7
th
Negotiating Round.
June 9 – The report reflects discussions on rules of origin, technical barriers to trade, good regulatory practices, public procurement, institutional provisions and some intellectual property rights (IPR) provisions. There also are references to sanitary and phytosanitary issues (SPS), transparency, anticorruption and customs and trade facilitation as well as on financial services, investment, investment court system, geographical indications, trade in goods, state owned enterprises, subsidies, competition, trade and sustainable development, trade and gender, energy and raw materials.
Read further
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January 1 - New UK tariffs to replace EU's Common External Tariff.
May 19 - The British Government announced the UK’s new MFN tariff regime,
the UK Global Tariff (UKGT)
to replace the EU’s Common External Tariff on 1 January 2021 at the end of the Transition Period. The new tariff is tailored to the needs of the UK economy. It will support the economy by making it easier and cheaper for businesses to import goods from overseas. It is a simpler, easier to use and lower tariff regime than the EU’s Common External Tariff (EU CET) and will be in pounds (£), not euros. It will scrap red tape and other unnecessary barriers to trade, reduce cost pressures and increase choice for consumers and back UK industries to compete on the global stage.
Read further.
Digital Services Taxes -
USTR Initiates Section 301 Investigations.
June 6 - The United States Trade Representative announced that his office is beginning investigations into digital services taxes that have been adopted or are being considered by a number of US trading partners. Countries under consideration include Austria, Brazil, the Czech Republic, the European Union, India, Indonesia, Italy, Spain, Turkey, and the United Kingdom.
Read further.
Competition - European Commission and Mexico Agree on Framework for Dialogue.
June 4 - The arrangement between the EU's and Mexico's competition authorities will provide a framework for dialogue on competition policy issues and for sharing views, as well as non-confidential information on individual cases. This is a significant new step in the wake of the conclusion of an EU-Mexico Free Trade Agreement in April 2020
.
Read further.
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EACC Florida
MEMBERS and PARTNERS INSIGHTS
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Immigration and COVID-19.
July 2020 - I have an appointment at the local USCIS office. What should I do? My visa petition is currently pending at USCIS. Will it be delayed due to the shutdown? As an employer dealing with the economic impact of COVID‑19, we would like to reduce employees’ hours from full‑time to part‑time. Can an employer do this for H‑1B and E‑3 employees? You will find answers to all these questions in Cozen O'Connor's updated Q&A.
Request a copy here.
Compliments Cozen O'Connor
US May Impose Additional Tariffs on EU Products.
June 26 - The Office of the U.S. Trade Representative announced that it is considering modifying the list of European Union products subject to additional tariffs upon importation into the United States and increasing the tariff rate up to 100%. Products proposed by the USTR to be added to the tariff lists include certain helicopters and aircraft, fish, cheese, fruit, coffee chocolate, olive oil, beer, vodka, certain chemicals, polyester staple fiber, high tenacity polyester yarn, cotton twill fabric, carpets, glassware, and lifting machinery.
Read further.
Compliments Greenberg Traurig
The Global Business Complexity Index 2020.
June 17
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This Index analyses three areas of business operations - rules, regulations and penalties, accounting and tax and hiring, firing and paying employees. Find out about which jurisdiction tops the 2020 business complexity ranking and the jurisdictions that are ranked the simplest; how international trends are driving standardization and where local practices persist; and the ways in which technology is fostering a globalized business environment and how this is developing around the world.
Read further.
Compliment TMF Group
Sub-Zero Rates Are No Silver-Bullet.
June 2020 - The COVID-19 crisis has already pushed many central banks to cut interest rates close to zero. And with many economies continuing to contract, the concept of negative rates is once again back in the spotlight. Negative rates upturn the normal borrower-lender relationship by imposing interest rate costs on those sitting on cash, encouraging them to spend or invest the money instead. Supporters of negative rates hope they will spark growth and inflation, partly by lowering bond yields and weakening currencies, and give central bankers more room to manoeuvre on quantitative easing. But it has rarely worked out like that.
Read further.
Compliments HSBC
Solar Risk Assessment 2020 - Quantitative Insights from the Industry Experts.
June 2020 -
Industry experts in solar production risk kWh Analytics, DNV GL, NextEra Analytics, Clean Power Research, CFV Labs, Raptor Maps, PI Berlin, RadianGen, SunSystem Technology, Origis, and Wood Mackenzie Power & Renewables have partnered to publish the new ‘Solar Risk Assessment 2020’. Designed intentionally for a non-technical financial community, this report provides investors with the latest insights on the evolution of solar generation risk.
Read further
Compliments Origis Energy
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YOUNG VOICES FROM THE FUTURE
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Every month, the EACC Florida Newsletter features a young person - a student, an artist, an entrepreneur - whose identity, vision or project illustrates the vibrancy of Florida's transatlantic community. If you would like to suggest someone, please contact us
HERE
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Alexandra Von Den Goltz
Student, Inventor and CEO of
BeCalm
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“Giving girls the opportunity through technology to fearlessly venture into a traditionally male-dominated field.”
Born in Boston to German-Guatemalan parents, Alexandra moved to Miami as a child. She grew up between Germany, Guatemala City, and Miami, speaking German, Spanish and English.
At 13, Alexandra already knew that technology would be a key part of her future.
The logic, innovation, creativity, and reason associated with Computer Science captured her interest and inspired her to learn programing languages such as Python, HTML, and Java. As a Sophomore, Alexandra started STEAM, a club to teach other girls the basics of programming in the hope of capturing their interest and giving them the opportunity to fearlessly venture into a traditionally male-dominated field.
In 10
th
grade, at age 16, Alexandra realized that many of her peers consistently complained about feeling anxious. With the help of a Guatemalan student programmer and a yoga teacher, she created
BeCalm
. This app help teens manage their anxiety and stress with stress-relieving methods such as inspirational music, distracting activities, and meditation. All methods which had worked for her. And now, with the COVID-19 pandemic disrupting Senior years, schooling and more generally the everyday lives of kids of her generation, she believes that
BeCalm
can be more helpful than ever.
BeCalm
has been available in the Google Play Store since February 2020 and has over 3,400 followers on Instagram.
The National Center for Women & Information Technology selected Alexandra for a National Honorable Mention Award for Aspirations in Computing. She is also a
Silver Knight 2020
recipient for the Vocational Technical category. Alexandra is of the Graduating Class of 2020 and will be attending Brown University in the Fall.
To find out more about
BeCalm
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With global head-quarters in The Netherlands, TMF Group is a leading provider of critical compliance and administrative services. We serve corporations, fund managers, financial institutions and private clients operating, expanding and investing in multiple jurisdictions. TMF Group’s United States Offices in Miami (Florida) helps companies stay compliant with local regulations and filings – and we have helped many businesses large and small to set up, or invest, in the USA. In addition to our global portfolio of services which include financial, accounting, corporate secretarial, structured finance, legal, and HR and Payroll services across all the 50 states, our US Offices provide extra support for specific local requirements such as capital market services, management and administrative services, as well as domiciliation services.
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BECOME A MEMBER OF OUR NETWORK
EACC is a Connector
We open doors for our members across our chapter network on both sides of the Atlantic and we keep you informed on the relevant issues effecting your business.
Members of the EACC network enjoy:
♦ Access to our
network of high-level business executives
& our unique referral service
♦ Invitations to
exclusive seminars
& a direct exchange with transatlantic experts
♦
Visibility
for your organization &
opportunities to showcase
your
thought-leadership
♦ The ability to
make a difference
&
actively engage in the Trans-Atlantic
dialogue
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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.
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