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Exporter & Financial Services Forum

Please join World Trade Center Delaware and the US Export-Import Bank (EXIM Bank) on September 28, 2018 at a breakfast Exporter and Financial Services Forum to find out how you can reduce the cost of international business.

Date: Friday, September 28, 2018

Click here for more information.


Department for International Trade Advamed MedTech Conference- UK Reception

From September 24-26, Philadelphia hosted the 2018 Advamed MedTech Conference, welcoming 3,000 leading medtech executives from 30 different countries. The MedTech Conference is a must-attend event for the industry’s prominent and most promising companies.  The meetings feature world-class plenary speakers, a wide array of educational programming, valuable networking and business development opportunities.  The Advamed MedTech Conference UK delegation was led by the Department for International Trade (DIT), the commercial arm of the British government.  During the last 70 years, the UK government has invested significant resources into the National Health Service (NHS).  The Country’s biomedical ecosystem is rapidly expanding.  In its first year, the total NHS budget was approximately $500M.  Today, the UK government is spending $500M just to implement new technologies in hospitals.  The UK is also investing $400M in AI research and recently gave a $25 billion boost to the NHS budget.

On Tuesday evening, September 25, DIT offered Medtech conference attendees the opportunity to participate in an exclusive seminar – “’Deep Learning’ in the NHS.” The panel discussion focused on how technology is used to transform UK healthcare and provides inspiration for innovation.  Speakers were asked probing questions about their areas of expertise, cutting edge technologies, and the pioneering healthcare environment in the UK.  Dr. Mike Short CBE, Chief Scientific Advisor from the UK Department for International Trade, moderated the discussion.  Mike recently joined the UK government after working for more than 40 years in the electronics and telecommunications sectors, most recently as a VP at Telefonica. Mike’s role at DIT is to ensure that the department’s policies are supported by the best science, engineering and technical advice.

The following four panelists provided an informative overview about the role of cutting-edge and developing technology within the NHS:

  1. Tony Davis, Commercial Director, West Midlands Academic Health Science Network – The UK has 15 Academic Health Science Networks (AHSNs), which aim to accelerate the adoption of innovation at scale across the UK. In addition to his role at the West Midlands AHSN, Tony leads the national network for digital health and AI.
  2. Professor Martin Gibson, CEO, NorthWest eHealth – NorthWest EHealth is revolutionizing the use of electronic health data to support the delivery of clinical trials. The company is renowned for supporting GSK’s Salford Lung Study – the world’s first real-world clinical trial. Martin is also NIHR Clinical Director for Greater Manchester and a consultant physician in diabetes and endocrinology.
  3. Dr. Jean Nehme, Co-founder and CEO, Digital Surgery – Jean trained as a plastic surgeon at Imperial College London and co-founded Touch Surgery five years ago. His new, expanded venture – Digital Surgery – aims to build a digital ecosystem that sits at the intersection of surgical expertise and technology.
  4. Neelam Patel, Chief Operating Office, MedCity – Neelam has 25 years of experience in the pharma industry, NHS and non-profit sector. She is currently leading work to help NHS England develop standards for digital health. She also leads the evidence workstream at DigitalHealth London, which aims to make it easier for small businesses to introduce their products into the NHS.

Attendees were encouraged to ask the speakers questions once the seminar ended. The final part of the evening included a cocktail reception offering delicious food, an open bar, and a Scotch whisky tasting. The reception was hosted by UK Health Minister Lord O’Shaughnessy, who was appointed as a Parliamentary Under Secretary of State at the Department of Health and a Government Whip (Lord in Waiting) in December 2016. The Parliamentary Under Secretary of State for Health (Lords) is the ministerial lead for NHS Resolution, Property Services and Community Health Partnerships, Business Services Authority, Digital, and Medicines and Healthcare Products Regulatory Agency. In addition, he represents the government on all aspects of health in the House of Lords. Lord O’Shaughnessy focuses on the following policy areas:

  • making a success of Brexit;
  • life sciences policy and industry engagement, industrial strategy and NHS innovation;
  • medicines pricing and regulation;
  • data, digital and technology, including cyber security; and
  • NHS land and estates, NHS litigation, migrant cost recovery and income generation.

Approximately 75 Advamed MedTech conference attendees, executives from leading global healthcare sector companies and local and foreign universities and other institutions enjoyed learning how technology has been used to transform UK healthcare. Networking with some of the UK’s top innovators at the end of the night was enjoyed by all.  The BABCPHL was honored to partner with DIT, the Welsh Government, Health Innovation Manchester, Scottish Development International, MedCity, Academic Health Sciences Networks, and the Association of British HealthTech Industries (ABHI) to deliver this timely and informative program.

Click here to view photos.


Summer 2018 International Business Networking Reception

On Wednesday, July 25, 2018 the British American Business Council of Greater Philadelphia (BABCPHL) partnered with the Chilean, French, German, Irish, Israeli, Japanese, Norwegian and Eurasian Chambers of Commerce for the Eighth Annual Summer International Business Networking Reception.

More than 250 global business executives and regional and foreign government officials gathered at the National Museum of American Jewish History for this annual meeting of the who’s who of international relations in the Greater Philadelphia region.

Participants braved heavy rain for a great chance to network and make valuable connections.  A raffle draw included a variety of prizes, such as bottles of wine, tickets to upcoming events, and a beautiful piece of artwork.

Special thanks to the Chilean Chamber for organizing such an important program for the international business community and to event sponsors: Holt Logistics, Fox CIBER, and The Port of Wilmington, Delaware.

Click here for photos.


Great British-American Pub Night: QUIZZO! – Test Your Knowledge of UK & US Trivia

On Thursday, September 20, 2018, the British American Business Council of Greater Philadelphia hosted a truly GREAT British-American Pub Night Quizzo contest. Nearly 60 BABCPHL members and friends gathered for this entertaining and competitive trivia game at the Victoria Freehouse located on Front Street in Old City, Philadelphia.  The establishment was filled to capacity with 14 teams representing law, accounting and insurance firms, banks, sports teams, manufacturing companies, theater and government groups.  It was a diverse and enthusiastic crowd including people from the French American Chamber of Commerce who partnered with us on this program.  Michael Pedrick, BABCPHL President, opened the evening with welcome remarks, introductions, and thank you to sponsors, Forensic Resolutions and The Welsh Government.

Efe Sokol, BABCPHL Board Member and Senior Representative from the Welsh Government, co-sponsored the evening. Efe has been an active member of our Board of Directors for the past two years and the Welsh Government has been a longtime supporter of BABCPHL activities.  Efe was joined by Kelly Taylor, Business Development Executive.  The Welsh Government is the devolved Government for Wales.  They seek to constantly create the right environment for business – to equip the private sector in Wales with the tools to compete as the high-value player in the global economy.  Wales has a thriving knowledge economy, industry-focused R&D and a loyal workforce.  Wales is linked to key UK business hubs with a first class transport infrastructure, and some of the least costly and best property around.

Howard Silverstone, Director of Forensic Resolutions, was the Master of Ceremonies for Quizzo Night. He has served as BABCPHL President on two occasions and is currently the Programs & Events Chairman.  Howard has been actively involved in the BABCPHL for more than 25 years, and was recently appointed by Her Majesty The Queen as a Member of the Most Excellent Order of the British Empire for his service promoting British business in the United States.  When Howard is not supporting BABCPHL activities he is managing Forensic Resolutions, a forensic and investigative accounting firm, providing solutions to complex business problems and insurance claims.  Howard is the quintessential BABCPHL Board Member and supporter – we could not ask for a more involved or dedicated individual!  Howard was the master of ceremonies for our dynamic and highly competitive game of QUIZZO.

Howard masterfully led Quizzo Night participants through three rounds of ten questions each focused on the following categories: UK/US history, geography, pop-culture, sports and music. Howard’s humor and wit infused the entire evening with good fun and loads of cheer.  The night included delicious British pub style food, drinks and coveted prizes including: four club box tickets to one of Philadelphia Union’s remaining games of the season; two tickets to Philadelphia Orchestra orchestra level seats at an upcoming concert; a BABCPHL branded umbrella, baseball cap and calendar; and a bottle of French wine and two tickets to an upcoming French Chamber event.

The BABCPHL extends special thanks to sponsors, Forensic Resolutions and The Welsh Government; event partners, the French American Chamber of Commerce and the Philadelphia Orchestra; and Quizzo Night prize winner donors the Philadelphia Union and the Philadelphia Orchestra.

Congratulations to winning team, Duane Morris, BABCPHL Club Level Member! The team was led by Hope Krebs, past BABCPHL President and current board member.

Click here to view photos.

 

 

 


Britain Unites – Bridging Connections Across the LGBTQ Community

Britain Unites – Bridging Connections Across the LGBT Community
Thursday, May 17, 2018
The Pyramid Club

On the third Thursday of every month, the LGBTQ Committee of the Pyramid Club partners with LGBTQ friendly groups to provide an evening of food, drinks, and networking. These evenings offer participating groups the opportunity to connect and network. On Thursday on May 17, 2018, the LGBTQ Committee of the Pyramid Club collaborated with the BABCPHL, Barclays, Pennsylvania Ballet, PHYLA, and Resource Solutions for a British-themed happy hour.

Guests took the elevator up to the 52nd floor where they were greeted with spectacular views and delicious food.  Appetizers included a wonderful spread of meats, cheeses, olives, and stuffed peppers surrounded by a self-serve beer station.  Beer, wine, and cocktail lovers enjoyed discounted drinks at the bar.  Delicious British-themed entrees were replenished throughout the evening, and included bangers and mash with scallops and bacon, fish and chips, cottage pie, and many other dishes. The room, surrounded by large glass windows, allowed unobstructed views of the Philadelphia skyline.

The diverse crowd included executives from regional and global companies, students, and artists. Networking and conversation abounded, and kept going until late in the evening.

BABCPHL member Philadelphia Union donated tickets and other items. Around 7:00 pm, Maureen Coyle, Managing Director of The Pyramid Club, chose a winner. Guests continued eating, drinking and networking until 8:00 pm. The evening was a success and left everyone with a smile.  The BABCPHL would like to thank all partnering organizations and The Pyramid Club for hosting the event.


Young Professionals Group Seventh Annual Panel Discussion & Networking Event: The Future is Now, Where Are You?

On Thursday, April 26, 2018, the BABCPHL Young Professionals Group (YPG) hosted the seventh annual panel discussion and networking event: The Future is Now, Where Are You?  The workplace has changed dramatically during the past two decades.  Speakers talked about why companies – small, medium and large enterprises – are embracing open plan work spaces and collaborative working environments.  Panelists spoke about the current work milieu; the technology businesses are using; and best practices and operations.  Featured speakers included: Josh Dubin, Director of Programs & Strategy at Pipeline Workspaces who presented the evolution of the collaborative work environment; Laurence Hookway, Risk Information Consultant from Chubb Global Services who discussed the current movement toward remote work arrangements; Adam Jones, Vice President from Shout Digital who talked about the various technology and tools companies employ to successfully implement business operations; and Jay Jumper, Partner at Pepper Hamilton LLP who spoke about the legal aspects of conducting business in this manner.

Josh reported on the evolution of the shared workspace, and the dramatic transformation during the past few years. Shared workspaces are currently characterized by a more diverse ecosystem of companies, representing various sized enterprises and industry sectors.  What once began as an area most appealing to young, “hoodied,” tech entrepreneurs, the gig-economy, etc. has changed significantly.  During the past couple of years the profile of shared workspace members started to include lawyers, journalists, real estate entrepreneurs, etc.  Today, veteran entrepreneurs and national businesses are actively seeking and occupying this type of office as it provides financial flexibility and promotes a communal type of interaction, creating inspiration and innovation.  The community component is a big sell.  Shared workspace companies are in the business of building community and curating dialogue.  People can connect and grow relationships organically.  Some examples of big companies that have built campuses around collaboration spaces are: Google, Facebook, GSK, and Urban Outfitters.  Josh stated that during the next five years – middle market companies (such as 20, 50, and 100 person operations) will begin thinking creatively about how to transform their space into this type of cooperative working environment at a low cost.

Laurence spoke about his personal experience working in both modern and traditional office, on both sides of the Atlantic. He explained how work space is industry driven.  When young professionals enter the work force and start out at a big company, they often expect a modern area, a clean, tech driven, digital environment in which to operate.  Influencers include: a company’s corporate culture; economic factors; and social change.  The recent trend toward a mobile – work from home policy – while leading to greater flexibility, dissuades a community building, collaborative and interactive engagement.  Laurence also discussed the disadvantages of blurring the lines between work and home.  Furthermore, US and UK-based businesses utilize differing surveillance techniques to monitor their employees work and online habits.  The issue of data privacy and protection comes into play.  The one benefit of the advanced ability to work remotely is seamless disruption to work flow with globally mobile employees.  Lastly, the ability to work remotely can impede professional development because there is no face-to-face interaction with people at various levels within a company.  All in all, interpersonal interaction among employees of all levels and a collaborative working environment is a win/win.

Adam provided insight about the technological tools companies use to enable their employees to collaborate and successfully meet business goals. Examples he gave include Mixed Reality (MR) and Insight Heart, Microsoft’s blend of augmented and virtual reality.  These tools enable teams to share instantly.  College classrooms also benefit from this technology. Conversational Artificial Intelligence, such as the Chatbot is replacing traditional customer service representatives, call centers, etc. throughout the globe.  Currently and in the future there will be a tremendous impact on overall business operations and the bottom line as a result of rapidly developing technology. MR has the ability to blend both of what makes Augmented Reality (AR) and Virtual Reality (VR) valuable to businesses.  MR can take a snapshot of the real world environment, and allow the user to place virtual objects within that space.  VR is an entirely virtual world with no connection to the environment of the user, and AR doesn’t allow the same level of interaction.  MR has the potential to genuinely disrupt the workplace in a positive way by allowing for seamless collaboration. It allows for physical items to be shared within seconds with a team in an entirely different location.  Employing this type of technology can potentially save businesses a significant amount of money.

Jay delivered remarks about important strategic business planning and legal issues companies need to be aware of when operating in a shared work environment. For example, properly documenting all aspects of the business including: the physical space arrangement; ensuring the relationship between the building owner and the shared workspace operator is clearly defined; and carefully documenting the roles and responsibilities of all employees, is a must do.  Jay provided examples of why confidentiality and intellectual property – protecting proprietary information – is a big issue when operating in a diverse work space.  Insurance needs are also different than those of a business with a solely managed and operated office.  For example, people in a shared space arrangement still need to insure their property, and equipment.  Budgeting is another aspect that should be carefully evaluated.  Shared work space loans itself to an artificially low overhead cost.  Companies who operate in this type of environment need to balance their desire for a shared working environment that fosters creativity and collegiality with the need to protect proprietary information and carefully document business operations.  In addition, while expenses are reduced in the short term, companies need to think long term about how this can impact them both financially and from a risk profile.

In summary, shared workspace is a positive trend that can positively influence any sized business across industry sectors. However, one thing for sure, proper strategic development and business plans specific to this type of work environment must be implemented to ensure success.  To round out the presentations and close the discussion Jason took questions from the audience.  Attendees networked after the formal part of the program ended.  Everyone enjoyed their signature whiskey sours, while developing new and enhancing old business ties.

We would like to extend special thanks to sponsor company Pepper Hamilton LLP and to event partner, Select Greater Philadelphia.

Click here to view photos from the event.


EU GDPR with the US Commercial Service – Recap

EU GDPR with the US Commercial Service

Wednesday, February 14, 2018

BDP International

On Wednesday, February 14, 2018, more than 50 international business executives gathered at BDP International for a panel discussion about Europe’s General Data Protection Regulation (EU GDPR). The BABCPHL partnered with the French and German American Chambers of Commerce and the US Commercial Service to deliver this timely seminar.

Michael Ford, COO of BDP International welcomed guests and introduced the speakers. Jordan Fisher, Managing Partner at X-pan Law Group moderated the session. Alexandre Clovirola, Cybersecurity Data Analysis Expert, Security Analyst, I-TRACING, was the first to speak. Alexandre’s discussion focused on data protection and cybersecurity elements. He gave a brief presentation about EU GDPR goals, including the importance of securing data from hackers.

Michelle Sylvestor, Policy Advisor, Data Flows and Privacy Team, Office of Digital Services Industries, Industry and Analysis, International Trade Administration, US Department of Commerce, joined the conference by telephone to talk about the Privacy Shield. Her presentation included how businesses can use governmental resources to stay informed about the changing regulations. She mentioned that using the Privacy Shield will help businesses comply with the GDPR and will include an annual review.

Jordan Fisher and Rebecca Rakoski, also a Partner of X-pan Law Group, discussed the new EU GDPR in great detail, including processing, personal data, and data structure. Their presentation quickly turned into a dynamic discussion with attendees. They answered complicated questions regarding how it will affect US citizens along with a thorough explanation of the impact for both small and large businesses. They discussed how the new regulation could affect even the smallest things such as the use of a business card. Lastly, they touched upon the impact of Brexit and how the ambiguity of the UK separation from the EU makes the regulation difficult to interpret.

Aaron Gardner, Vice President, Enterprise Solutions, KLDiscovery was the final speaker. He talked about data breach and proper response procedure. Aaron noted how the EU GDPR is extremely different from US data protection policy. For example, in the US, a company has 30 days to report a data breach. In the UK, they have 72 hours to report the problem.

All speakers were engaging, and provided important information about the new EU GDPR. It is clear this is a top priority for Europe.  The five guest speakers clearly informed attendees about how the EU GDPR will affect the everyday business operations.


US Tax Reform Update Recap

On Thursday, February 1, 2018, the British American Business Council of Greater Philadelphia collaborated with the French and German American Chambers of Commerce for a US Tax Reform Update. The seminar was hosted by BABCPHL Club Level member, Deloitte LLP.  Approximately 35 people from the three Chambers participated in this informative program.

Jared Gordon, Director, and Paul Pelligrini, Senior Manager, both with the Philadelphia International Tax Group spoke about the topic. Jared has more than 20 years of experience in corporate and international taxation, serving multinational companies in a number industry sectors.  He provides international tax structuring strategy and advice.  Paul has almost a decade of experience serving multinational and private equity companies on a wide variety of matters.  His practice focuses on international tax issues including M&A, dispositions, post-acquisition integration and cross-border financings and restructurings.  The interactive meeting kicked off with attendees being asked to fill out and stick post-it notes to signs listing US tax reform topics of greatest interest scattered throughout the room.

The speakers reported on tax policy and the new tax law; international tax key provisions; federal tax considerations; planning and financial reporting; and multistate tax considerations. The presentations were very technical, and presenters invited questions from the audience throughout their discussion.  Attendees’ questions helped guide the conversation, and ensured everyone’s concerns were addressed.  If you missed the seminar, have questions and/or would like more information regarding the subject matter please contact us at babc@babcphl.com.


Seventh Annual New Jersey Networking Event

On Thursday, March 15, 2018, the British American Business Council of Greater Philadelphia hosted the seventh annual New Jersey networking event and dinner at The British Chip Shop in Haddonfield, New Jersey. More than 35 BABCPHL members and friends occupied the restaurant for a fun-filled pub night.  Chip Shop proprietors offered attendees a superb selection of specialty beers and a wonderful meal including delicious appetizers, a main course and traditional tea and biscuits for dessert.  Adding to the enjoyment of the evening, Philadelphia Union presented each attendee with two complimentary tickets to a Philadelphia Union home game, in addition to raffling off a team signed soccer ball.

Michael Pedrick, BABCPHL President welcomed attendees, and discussed the important relationship the State of New Jersey has with the United Kingdom. He also provided a brief introduction about the organization, and introduced event sponsors.  Following his introductory remarks, Michael invited Leon Dutkiewicz, Partner, D&H Global Tax Group, and lead sponsor for the evening to say a few words.  D&H Global Tax has offices in Pitman, NJ, London and Philadelphia.  The Firm specializes in international US tax advice, compliance services, and structuring.  After Leon concluded, Michael asked the other two sponsors to speak.  Howard Silverstone, Founding Partner of Forensic Resolutions, a forensic and investigative accounting firm, providing solutions to complex business problems and insurance claims, addressed the group.  Howard is a past BABCPHL President and he is the current Programs and Events Chairman.  He has served on the BABCPHL Board of Directors for more than 25 years.  Howard kept attendees laughing at his clever jokes and witty comments, before passing the microphone to Jay Jumper, Partner at Pepper Hamilton LLP, a multi-practice law firm serving clients throughout the world.  Jay has been a BABCPHL Board Member for the past three years.

Following sponsor remarks, a winning business card was drawn for a Philadelphia Union team signed soccer ball. Attendees were then invited to sit and enjoy dinner.  Guests remained long into the evening, continuing to mingle.

We extend special thanks to lead event sponsor, D&H Global Tax Group; supporting sponsors, Forensic Resolutions and Pepper Hamilton LLP; and door prize and raffle gift sponsor, Philadelphia Union.

Click here to view photos.


International Employers Forum HR Roundtable

BABCPHL Corporate Member Fisher & Phillips LLP would like to invite BABCPHL members and contacts to an International Employers Forum Atlantic Chapter presentation about global mobility. The discussion will focus on employers’ safety and security responsibilities and the immigration impact of Brexit.

Click here for more information.

 

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The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Bartlett
  • Cigna
  • Deloitte
  • Drinker Biddle & Reath LLP
  • Duane Morris
  • EisnerAmper LLP
  • HSBC
  • Johnson, Kendall & Johnson, Inc.
  • McConnell Johnson Real Estate
  • Morgan Lewis
  • Law Firm of Pepper Hamilton
  • TD Bank
  • United Airlines
  • Virgin Atlantic