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Covering the Cyber Resilience Act in Strasbourg

11 May 2023
All Committees
Digital Economy

On Tuesday, 9 May, AmCham EU’s Digital Economy Committee visited the European Parliament in Strasbourg, France to discuss the Cyber Resilience Act. Meeting with the file’s rapporteur Morten Løkkegaard, MEP (RE, DK) and shadow rapporteurs Adam Bielan, MEP (ECR, PL); Bart Groothuis, MEP (RE, NL) and Henna Virkkunen, MEP (EPP, FIN), delegates voiced concerns around the scope of the file, incident reporting and the transition period. By remaining proactive and open, MEPs can address industry concerns and increase European global attractiveness. 

Achieving simpler reporting requirements

10 May 2023
All Committees

American businesses support the objectives of sustainability reporting in line with the EU´s ambitious climate targets. However, the anticipated complexity of the draft European Sustainability Standards (ESRS) under the Corporate Sustainability Reporting Directive presents a challenge. Businesses need a reduction in reporting requirements and further alignment with global baselines, which would facilitate the successful implementation of the ESRS in practice. Our letter to Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, presents both context about this issue and proposals for streamlining the sustainability reporting. 

Ensuring operational resilience in financial sector through clarity

8 May 2023
All Committees
Financial Services

The Digital Operational Resilience Act (DORA) is crucial to ensuring digital operational resilience and Information and Communications Technology (ICT) security in the financial sector. However, for industry to successfully implement the new rules, several concerns should be addressed. Businesses need further clarity on the level of aggregation within a Group, designation of ICT third-party service providers, incident reporting and consistency with other EU legislations. Read how the three European Supervisory Authorities (ESAs) can ensure legal certainty and help industry to prepare for the new rules.  

How the transatlantic relationship thrived in 2022

3 May 2023
All Committees
Transatlantic

2022 was a tumultuous year: the war in Ukraine, supply chain disruptions and energy concerns are just some of the issues that underlined the year and stressed the transatlantic relationship. Luckily, close cooperation and a shared purpose allowed both sides of the Atlantic to thrive where otherwise they couldn’t. Read how by building closer ties, both parties came out stronger and continued to grow throughout 2022 in the latest article on Thriving Together.  

Supporting economic attractiveness with the EU Data Act

3 May 2023
All Committees
Digital Economy

A successful EU Data Act proposal will create a thriving data economy for companies in Europe. But unclear definitions and a priority on speed over quality is stopping the text from reaching its full potential. By making changes across the areas of cloud switching and interoperability, data sharing, international safeguards and transfers and retroactive applicability, the EU can avoid economic consequences for industry and support Europe’s data economy.  

Achieving better health across the EU

2 May 2023
All Committees
Healthcare

The European Health Data Space (EHDS) has the potential to improve patient outcomes across the EU and build on Europe's innovation capabilities in the healthcare space. However, to achieve these ambitions, policymakers must ensure the initiative provides the necessary intellectual property (IP) protection, appropriate data flow possibilities and a structure for the development of a single market for digital health services and products. Read the details in our position paper.

Launching European Diversity Month

28 Apr 2023
All Committees
Diversity, Equity and Inclusion

Speaking at the opening event of European Diversity Month on Friday, 28 April, Susan Danger, CEO, AmCham EU, covered why having a diverse workforce is vital to a company’s success and how getting involved in initiatives like EMPOWER HER translates into real change. Taking part in the first panel of the day, speakers highlighted that having a wide range of backgrounds across all levels of an organisation is the easiest way to overcome economic challenges. Follow the conversations using #EUDiversityMonth throughout May and share any diversity success stories you have.  

Celebrating women in IP this World IP Day

26 Apr 2023
All Committees
Intellectual Property

This World Intellectual Property (IP) Day 2023, we’re supporting women who are shaping a better world. That’s why on Wednesday, 26 April, we demonstrated how closing the IP gender gap benefits everyone in society. The event, hosted in collaboration with the US Patent and Trademark Office (USPTO), featured a fireside chat and panel discussion on how to make IP systems more equitable through a more inclusive approach to policy. Highlighting talented women from around the world sets an example and encourages more women to participate in IP.  

A milestone for Europe’s pharmaceutical legislation

26 Apr 2023
All Committees
Healthcare

The proposals for the revision of the EU’s pharmaceutical legislation published on Wednesday, 26 April, represent a once-in-a-generation opportunity. While AmCham EU supports the modernisation of the legislation, it must ensure predictability and attractive conditions that encourage further investments.

European sustainability reporting in practice

25 Apr 2023
All Committees
Financial Services

How can business prepare for the upcoming Corporate Sustainability Reporting Directive (CSRD)? On Tuesday, 25 March, AmCham EU explored this question, hearing from policymakers and industry insiders during a panel discussion. The attention was on how both groups can work together to make EU sustainability reporting work. Moving to the fireside chat, attendees heard from Jean-Paul Servais, Chairman, Financial Services and Markets Authority, on how consistency can be ensured between the CSRD and other parts of the sustainable finance agenda.  

Laying the foundation for the future of the health union

21 Apr 2023
All Committees
Healthcare

Investment, innovation and cooperation were the main themes on Friday, 21 April, at our event At a turning point: Healthcare systems in Central and Eastern Europe. Executives from the life sciences sector and policymakers discussed how to prepare Europe for the future while highlighting the human cost of inadequate access to healthcare. A presentation by the Economist Impact dove into their latest report and explored solutions to healthcare issues in the region. Stella Kyriakides, Commissioner for Health and Food Safety, European Commission, capped off the day by explaining how solidarity is key to building a strong health union.  

Industry and the transatlantic relationship

19 Apr 2023
All Committees

On Thursday, 13 April, Thibaut L’Ortye, Public Affairs Director, AmCham EU, represented the American business perspective during the Global Public Affairs Forum. Organised by Drive Innovation Insights, Thibaut spoke about the new approaches to industrial policy in the EU and US and what the changes mean for businesses on both sides of the Atlantic. By advocating for strong EU-US ties and promoting cooperation, industry can play a pivotal role in forging deeper transantarctic ties.  

Reaching accessible healthcare across Europe

19 Apr 2023
All Committees
Healthcare

What can we do today to build a healthier tomorrow for Central and Eastern Europeans? Access to healthcare, affordable medicines and digitisation are some of the answers that we will be presenting on Friday, 21 April. Hear from European healthcare experts like Kostas Deligiannis, CEO for Eastern Europe, GE Healthcare; Arjon van Hengel, Deputy Head of Unit, Health Innovations and Ecosystems, Directorate-General for Research and Innovation, European Commission; Cyril Schiever, Senior Vice-President and President, Mid-Europe Region, MSD and Anca Toma, Executive Director, European Patients’ Forum; who will be discussing how to achieve affordability of healthcare in the region - register today.

The European Health Data Space and the Czech Republic

18 Apr 2023
All Committees
Healthcare

How can healthcare providers in the Czech Republic improve infrastructure for e-health and digitisation? Easier access to health data and creating the infrastructure to facilitate this open access to information. Transparency is at the heart of these solutions. Being able to track a patient’s journey will make it easier to tackle the root causes of illness. Read more from Dr Pavel Hroboň, Partner, Advanced Healthcare Management Institute on how the Czech Republic can make the most of the European Health Data Space in in the latest blog from Economist Impact.

Last chance to register: sitting down with healthcare experts

18 Apr 2023
All Committees
Healthcare

Join us on Friday, 21 April, for a morning exploring health systems in Central and Eastern Europe, featuring a keynote from Stella Kyriakides, Commissioner for Health and Food Safety European Commission. The morning will begin with a presentation and discussion centred on the findings of our latest study exploring health systems in Central and Eastern Europe with Economist Impact. We’ll also have the chance to hear from senior healthcare executives and policy makers on why access and affordability are key to a healthy Europe. Don't miss out – register before it’s too late.

EU and US perspectives on green industrial policy

17 Apr 2023
All Committees

Speaking at ‘Green Industrial Policy: A Global Perspective on the EU Green Deal and US Inflation Reduction Act’, a webinar organised by FiscalNote, Thibaut L’Ortye, Director of Public Affairs, AmCham EU, presented the American business viewpoint on Thursday, 13 April. In front of a transatlantic audience, Thibaut joined a panel to discuss the business impacts of the EU Green Deal Industrial Plan and the US Inflation Reduction Act, as well as the role American companies can play in making Europe more competitive and achieving global climate goals.

Women and IP: Accelerating Innovation and Creativity | World IP Day 2023

12 Apr 2023
All Committees
Digital Economy
Intellectual Property

Women are shaping the world through their imagination, ingenuity and hard work. However, they often face significant challenges in accessing the knowledge, skills, resources and support they need to thrive. Join us on Wednesday, 26 April to recognise World Intellectual Property Day 2023 and to demonstrate how closing the IP gender gap would benefit everyone in society. Speakers will share their experiences and discuss how to systematically mainstream gender equality considerations across different policies to make the innovation system more inclusive and encourage more participation by women – register now.  

How AmCham Ukraine is promoting women entrepreneurs with EMPOWER HER

6 Apr 2023
All Committees
Diversity, Equity and Inclusion

How can women entrepreneurs make their mark and gain a foothold in the US? This is the question AmCham Ukraine looked to answer during their EMPOWER HER webinar on Wednesday, April 5. Equipping women entrepreneurs with the tools they need to tap into the vast US market is just one example of the many topics covered by EMPOWER HER. From the opening remarks to the conclusion, attendees were informed of how to secure funding for their budding enterprises and what they can do to expand into the American market. 

Building a digitally secure transatlantic partnership

4 Apr 2023
All Committees
Digital Economy

In a meeting with AmCham EU, Juhan Lepassaar, Executive Director, European Union Agency for Cybersecurity (ENISA) dove deep into the EU-US Cyber Dialogue on Friday, 31 March. Together with his colleague Eric Vetillard, Lead Certification Expert, ENISA, the two covered the need for building cyber resilience in the context of the war in Ukraine and for the EU and the US to exchange best practices to protect critical infrastructure. In an increasingly digital world, it’s never been more important to protect against virtual threats.  

Discussing the importance of clean energy

4 Apr 2023
All Committees
Environment
Transport, Energy & Climate

Speaking on behalf of American industry in the EU, Susan Danger, CEO, AmCham EU, took part in a EU-US business roundtable covering clean energy on Monday, 3 April. Susan brought attention to the challenges facing US companies in Europe and the importance of regulatory simplicity, easier access to state funding and technology neutrality in the clean energy sector. In the runup to the EU-US Energy Council on Tuesday, 4 April, policymakers from both sides of the Atlantic made it clear that transatlantic cooperation is the basis to achieving the goal of reaching net zero emissions by 2050.

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