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Capital Markets Union 2.0

Capital Markets Union 2.0: priority actions for functioning eco-systems

31 Mar 2021
All Committees
Financial Services

The second Capital Markets Union (CMU) action plan represents a crucial step towards further unlocking the potential of capital markets across Europe by addressing fragmentation and making the EU a safe place to invest for the long term. AmCham EU identifies key areas of action to generate a future-proof, deep and frictionless Capital Markets Union. Read the full position here.

transatlantic conference summary article

Transatlantic Conference 2021: in review

30 Mar 2021
All Committees
Transatlantic Task Force

This year’s Transatlantic Week, set against the need to rebuild a world economy devastated by the impact of COVID-19 and to ensure future healthy, connected and sustainable societies, was themed ‘Global leadership: A transatlantic opportunity’. The activities of the week opened on Wednesday, 24 March for the first time entirely digitised with a keynote by European Commission President Ursula von der Leyen.

Susan Danger EPC Board

Susan Danger joins European Policy Centre Governing Board

30 Mar 2021
All Committees

The European Policy Centre (EPC) has announced that Susan Danger, CEO, AmCham EU has been appointed to its Governing Board. Chaired by David O'Sullivan, former EU Ambassador to the United States, the Governing Board is responsible for setting out the think tank’s strategic direction as well as monitoring and evaluating its operations. Read more here.

Transatlantic Conference 2021 Day 3: the transatlantic digital economy

29 Mar 2021
All Committees
Digital Economy

The third day of AmCham EU’s all-digital Transatlantic Conference 2021 took place on Friday, 26 March. Opening remarks from Susan Danger, CEO, AmCham EU and Zeger Vercouteren, Chair, AmCham EU (J&J) emphasised the speed with which digital technologies are transforming our economies and societies, a trend which has been further accelerated by the COVID-19 health pandemic.

Transatlantic Conference 2021 Day 2: sustainability and climate change

26 Mar 2021
All Committees
Environment
Transport, Energy & Climate

The second day of AmCham EU’s all-digital Transatlantic Conference 2021 took place on Thursday, 25 March. Opening remarks from Zeger Vercouteren, Chair, AmCham EU (J&J) and Susan Danger, CEO, AmCham EU emphasised the urgency of the climate change agenda for both sides of the Atlantic, citing the need for all segments of society to accelerate efforts towards Paris Agreement targets to limit global warming.

Transatlantic Conference 2021 Day 1: transatlantic trade

25 Mar 2021
All Committees
Customs & Trade Facilitation
Trade & External Affairs
Transatlantic Task Force

The 15th edition of AmCham EU’s Transatlantic Conference kicked off on Wednesday, 24 March. This 2021 edition, which is completely digitised, will take place in three instalments between Wednesday, 24 March and Friday, 26 March. The theme for the first day of the conference was the transatlantic trade agenda. Opening remarks from Susan Danger, CEO, AmCham EU and Zeger Vercouteren, Chair, AmCham EU (J&J) set the tone of optimism for intensified cooperation between the EU and the US, as the new US administration pivots back towards Europe.

New survey shows the resilience of the transatlantic economy

24 Mar 2021
All Committees

A new survey from the American Chamber of Commerce to the EU (AmCham EU) and the U.S. Chamber of Commerce reports that the transatlantic economy is on the mend, thanks to the massive policy response to the recession brought on by COVID-19. Both the EU and the US are set to see a return to growth in 2021, although the rebound is uneven with the US powering ahead. Turning to the future, the report notes that the fundamentals of the transatlantic relationship remain strong and will likely play a key role in the economic recovery to come. Read the report here.

Emerging areas for EU-US cooperation

23 Mar 2021
All Committees
Customs & Trade Facilitation
Trade & External Affairs
Transatlantic Task Force

The transatlantic economy remains the largest, most prosperous and most innovative of its kind in the world – and it continues to grow. The EU and the US should seize the renewed optimism and positive momentum to advance and deepen the world’s largest trade and investment relationship. While they can build on decades of efforts to enhance regulatory cooperation and remove barriers to trade and investment, they should also address new and emerging issues that arise from the transformation of our economies. In a new document, the American Chamber of Commerce to the EU (AmCham EU) presents ideas for EU-US cooperation across a wide range of sectors and industries. Read more here.

Accelerating digitalisation - a healthy approach

22 Mar 2021
Digital Economy
Healthcare

On Thursday, 18 March, AmCham EU and AmCham Portugal together hosted the third event of the Portuguese Presidency series focused on digital healthcare. Dr Diogo Serras Lopes, Secretary of State, Ministry of Health, Portugal, delivered the opening keynote speech; delineating Portugal’s ambitions in the digital health space. The panel discussion featured Monique Goyens, Director-General, the European Consumer Organisation; Andrzej Ryś, Director, Health systems, Medical products and Innovation, DG SANTE, European Commission; and Sónia Santos, Associate Director, Health and Public Administration, Accenture. The discussion was moderated by Zeger Vercouteren, Vice-President, Worldwide Government Affairs & Policy EMEA and Global Supply Chain Initiatives, J&J; and Chair, AmCham EU. The event focused on the future of digital healthcare centering on issues of trust in data, use of technology in healthcare and how to ensure digitalisation of healthcare across the EU evolves together with society.

AmCham EU hosts first fully virtual Brussels Briefing

22 Mar 2021
All Committees

On Friday, 19 March, AmCham EU hosted the first fully virtual Brussels Briefing with over 40 representatives from 26 AmChams in attendance. The objective of the Brussels Briefing is to inform AmChams colleagues about the latest developments in EU policy; to exchange advocacy best practices; and to network. This year’s programme featured a keynote speech on the EU agenda by Eva Maydell MEP (EPP, BG) and a best practices panel on how to communicate about EU policy in the Member States featuring Pia Ahrenkilde-Hansen, Director-General, DG Communication, European Commission; Peter Barabas, Editor-in-Chief, News, Euronews; and Cristina Falcone, Vice-President, Public Affairs, Europe, UPS. The Brussels Briefing also featured a networking session with US Commercial Officers from around Europe as well as policy networking sessions on digital and Green Deal.

Euronews announced as Transatlantic Conference media partner

16 Mar 2021
All Committees

The American Chamber of Commerce to the EU (AmCham EU) is delighted to announce that Euronews will be the media partner of its upcoming Transatlantic Conference, taking place from Wednesday, 24 March to Friday, 27 March. The event will bring together senior EU and US policymakers and business leaders to discuss the future of the transatlantic relationship in a changing global order. The conference programme is available here.

Chemicals Strategy for Sustainability: towards targeted improvements based on better regulation

16 Mar 2021
All Committees
Environment

On Tuesday, 9 March AmCham EU published its position paper on the EU Chemicals Strategy for Sustainability. The paper offers a comprehensive overview of the challenges and opportunities that AmCham EU members wish to highlight within this important initiative. It highlights our support for the EU’s ambitions to strengthen the existing framework for EU chemicals policy to help achieve greater sustainability and competitiveness moving forward. It also welcomes some elements of the proposal which help clarify and streamline the system as it currently works. Read our position here.

Impact of COVID-19 on cancer care and research

16 Mar 2021
Healthcare

AmCham EU provided a response to the open consultation of the BECA (Beating Cancer) Committee of the European Parliament. The consultation addresses the impact of the COVID-19 health crisis on cancer care services and patients. Focusing on both the short- and long-term impacts of COVID-19 the consultation looks at: provision and continuity of care during the pandemic for cancer treatment and screening; lifestyle; the impact on patients and care providers; and related matters on data, research and innovation to improve cancer treatment and healthcare systems in the future. Read our consultation here.

AmCham EU voted best trade association in Brussels

11 Mar 2021

AmCham EU has been voted Best EU Trade Association of the year by BestinBrussels. A jury of senior consultants was asked to name one EU Trade Association which exemplifies best-practice, best-in-class EU lobbying in Brussels, the most cited response was AmCham EU.

Over the last year, AmCham EU and its members navigated nimbly the immense uncertainty brought on by the COVID-19 pandemic. This recognition reminds us that we need to be proud of what we have achieved together and shows that our reputation as a trusted policy partner remains strong.

Blues and Schmooze: apero, music and networking

11 Mar 2021
All Committees

Our first online afterwork networking event, held on Wednesday, 10 March, was a huge hit with the members who joined. The 15-minute performance from musician Kevin Gaudeus was particularly well received. Following this Julie Basecqz, Vice-President of L’Union de artiste gave a moving presentation on the Sparardrap Fund which supports professionals in the creative sector in Belgium. We concluded with a networking session, which was interrupted by a call from members to hear a final song from Kevin. We would like to thank our in-kind sponsors Diageo, The Coca Cola Company and UPS for providing us with pre-event gift boxes. A special thanks goes to our members at UPS who personally ensured that boxes were delivered before the event.

Europe Today: Susan Danger shares perspectives at webinar

10 Mar 2021
All Committees

How do business interests align with the European political agenda? That was the overarching question of the day at the ‘Europe Today: What Associations Need to Know’ webinar discussion hosted by the American Society of Association Executives and sponsored by Visit Brussels on Tuesday, 9 March. Guest panellists included Nele Devolder, Association Director, Kellen; Marsha Turner, CEO, International Association of Lighting Directors; Susan Danger, CEO, AmCham EU.

EU and US leaders reset the transatlantic relationship

9 Mar 2021
Customs & Trade Facilitation
Trade & External Affairs
Transatlantic Task Force

The American Chamber of Commerce to the EU (AmCham EU) warmly welcomes the announcement made on Friday, 5 March by President von der Leyen and President Biden to suspend punitive tariffs imposed in the WTO aircraft subsidies dispute. The four-month grace period will give time to negotiators to find a commonly-agreed permanent solution to the dispute on permissible aircraft subsidies.

International Women's Day 2021: Choose to Challenge

8 Mar 2021
All Committees
Diversity and Inclusion Task Force

This International Women's Day, AmCham EU is choosing to challenge the inequalities and biasies that continue to exist against women. Susan Danger, CEO, AmCham EU marked the occasion by penning a blog in which she discusses the inequalities that women continue to face all over the world; from the pay gap to the power gap. Read her blog post here.

AmCham EU members and staff are also making their own personal pledges this International Women's Day. To read their individual #ChooseToChallenge goals, take a look at the AmCham EU Twitter account throughout Monday, 8 March.

This International Women's Day, AmCham EU is choosing to challenge. Will you?

AmCham EU publishes position on Digital Operational Resilience Act (DORA)

8 Mar 2021
Digital Economy
Financial Services

The use of technology in financial services is not new. In fact, the financial services industry has always been at the forefront of testing and adopting new technologies to transform the financial services industry, increase competition and efficiency, as well as offering new solutions to its customers. What is new is the speed of innovation we are seeing in recent years covering all aspects of the financial services sector and leading to the development of new business models, services and products.

Amongst these new developments is the use of information and communications technology (ICT), which finds itself at continuously greater use in the sphere of finance, requiring greater security resilience for firms. The Digital Operational Resilience Act (DORA) represents thus a crucial step towards a harmonized EU framework for digital resilience in financial operations. Due to the unique factors coming together in the financial services sector, given its fast evolution, increased diversification and international nature, additional care needs to be taken into consideration in the adoption of the new proposed regulation. Read our position here.

Towards a balanced, proportionate instrument on foreign subsidies

2 Mar 2021
Competition policy

On Tuesday, 2 March AmCham EU published its position on the European Commission's White Paper to deal with distortive effects caused by foreign subsidies in the Single Market. The proposal is a positive step towards addressing practices which negatively impact both EU and non-EU companies. The Commission should, however, refrain from imposing unnecessary burdens on companies that may not be proportionate to the goals the Commission seeks to achieve. Read the paper here.

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