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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.

 


BABCPHL Theatre Night Recap

BABCPHL Theatre Night

Thursday, February 22, 2018

The Drake – Louis Bluver Theatre, Philadelphia, PA 19103

Recap

On Thursday, February 22, 2018 BABCPHL members and friends gathered for a Welsh play US premier, followed by food and drinks with the director and playwright. Welsh playwright Alan Harris wrote Love, Lies and Taxidermy – a romantic comedy about growing up in a small town in Wales. The play was directed by BABCPHL member Inis Nua. Inis Nua, translating to “new island”, is a Philadelphia-based theatre company that produces contemporary, provocative plays from England, Scotland, Ireland and Wales which reflect those cultures’ new identities in today’s world. Tom Reing is the Founder and Artistic Director of Inis Nua and has presented over 16 American premiers.  Love, Lies and Taxidermy was a perfect example of how Inis Nua brings UK culture to the US for Philadelphians to enjoy.

Guests gathered at the Louis Bluver Theatre at the Drake for the 7:00 p.m. sold-out showing of Love, Lies and Taxidermy. The Welsh playwright, Alan Harris, attended the show as well. Alan has written 12 plays that have been performed throughout the world. He has also written plays for BBC Radio4 and Radio3. Love, Lies and Taxidermy is his most recent Welsh romantic comedy. The play casts three actors who played multiple roles throughout the show. Francesca Piccioni played Ashely, a teenager struggling with romance and her poor father’s struggling ice-cream truck business. She also played the role of Valentyn’s mother. Joseph Teti played the role of Valentyn who is also an inexperienced teenager dealing with the separation of his parents and his new romance with Ashley. Seth Reichgott held the role of several characters including the both Valentyn’s Polish immigrant farther, and Ashley’s struggling merchant father. The three actors preformed the entire play in European accents, despite all being American.

The minimalist stage design was completely black except for the up-lit taxidermy animals dramatically illuminated throughout the room. The audience was seated in the round, surrounding the stage where the actors performed. The lighting and use of a few props enhanced the plot and kept the audience engaged. There were several references to modern culture and movies including the famous Ron Burgundy which had everyone laughing. Because the play consisted of three people, the actors often provided narration, background, and flashbacks to help the audience understand the plot. The play covered several topics including: romance, poverty, immigration, and various professions. The seemingly happy-go-lucky play was simultaneously dark, emotional, comical, and fun to watch.

After the play, guests walked down the street to Fado’s Irish Pub to meet with the director, playwright, and actors. Guests ate, drank, and mingled for 30 minutes before Efe Sokol, Senior Representative with the Welsh Government at the British Consulate General in New York City, and BABCPHL Board Member, introduced Alan Harris and Tom Reing. Efe thanked them and the other guests before Tom and the audience took turns asking Alan about the play and his creative process. Interestingly, the play was written without assigned characters and names. Tom talked about the difficulty of assigning specific lines to the actors. Two of the three actors, who attended the post-play reception, discussed their methods for interpreting and performing their roles. The conversation continued well into the evening. Efe closed the discussion by thanking everyone who attended, especially Tom, Alan, and the actors. The BABCPHL would like to congratulate Inis Nua for bringing this outstanding Welsh show to the stage in Philadelphia. Visit Inis Nua’s website for additional information about this show as well as upcoming productions.

Click here for photos.


Secretary of State for Wales Philadelphia Visit

British American Business Council for Greater Philadelphia

Secretary of State for Wales Philadelphia Visit

Tuesday, February 13, 2018

Drinker Biddle & Reath LLP

Recap

On Tuesday, February 13, 2018 the BABCPHL welcomed the Secretary of State for Wales, the Right Honourable Alun Cairns for an official visit to Philadelphia. Mr. Cairns was joined by two Board of Trade Advisers: former Chairman of Cardiff Airport and Welsh Development Agency, Lord Rowe-Beddoe and the Chief of Staff for Manchester Airport Group, Collette Roche.  This visit was part of a three-day trade mission to Pennsylvania, New York and New Jersey.  The purpose of this trip was to attract American businesses to invest in Wales and build upon an already strong trading relationship between the two nations; the US is the UK’s largest trading partner.

Under Chatham House Rules, Mr. Cairns candidly spoke with a select group of BABCPHL member companies at Drinker Biddle & Reath LLP’s board room overlooking the Benjamin Franklin Parkway about: UK trade policy; Brexit; UK politics; reasons for investing in the UK; and the new industrial policy that was just released. In addition to speaking with a select group of BABCPHL members during this exclusive lunch, Mr. Cairns, Lord Rowe-Beddoe and Ms. Roche also met with companies operating across various industry sectors throughout the tristate region.

The Right Honorable Alun Cairns was appointed Secretary of State for Wales on March 19, 2016. He was elected as Conservative MP for the Vale of Glamorgan in May 2010, and re-elected in 2015.  Mr. Cairns attended the University of Wales and has a Master’s Degree in Business Administration.  His extensive political career includes: Parliamentary Under Secretary of State for Wales and a Government Whip from July 2014 to March 2016; appointment to Parliamentary Under Secretary of State in the Wales Office in 2014; election as MP for the Vale of Glamorgan 2010; and election as Assembly Member to the Welsh Assembly in 1999.  Before being elected to the Welsh Assembly, Mr. Cairns worked for Lloyds Bank for more than 10 years, mostly in business development, with his last role in financial services compliance.  Mr. Cairns lives in his constituency with his wife and their son.  His father was a welder in British Steel and his mother was a shop-keeper.  He enjoys running and has completed four London Marathons in aid of local charities.  He was the fastest MP to complete the 26 mile course in 2015!

It’s a good thing Mr. Cairns is a runner because as Secretary of State he is accountable for quite a lot, especially during this time of great change. The Secretary of State for Wales is responsible for the overall strategic direction of the Wales Office.  Mr. Cairns’ responsibilities include: overall strategic direction; constitutional and electoral issues; economy and business; budget; infrastructure; foreign affairs; steel; Swansea City Deal/Tidal Lagoon; North Wales Growth Deal/North Wales transport modernization; broadcasting; and exiting the EU.

We find ourselves at a crossroad of major change to the geopolitical landscape. We are pleased Mr. Cairns and his team selected Philadelphia as an important stop on their trade mission itinerary.  The candid discussion and open dialogue was an outstanding opportunity to learn from an insider about what to anticipate post-Brexit.  The Secretary of State wanted to hear from regional business leaders about their questions and concerns regarding UK/US trade.

Special thanks to Ross Allen, Director, Department for International Trade, North America and Deputy Consul General in New York, Department for International Trade, British Consulate-General New York for collaborating with us on this important visit, and to Jason Gosselin, BABCPHL Secretary and Club Level Member from Drinker Biddle & Reath LLP for hosting the meeting.

Click here for photos.


2018 Global Connect Recap

Global Connect
Thursday, January 25, 2018
5:00 – 7:00 p.m.
1313 Innovation Center, Hercules Plaza, Wilmington, DE
Recap

On Thursday, January 25, 2018, the British American Business Council of Greater Philadelphia partnered with the Asian, Chilean, French, German, Irish, Norwegian, Israeli, Russian and Swedish Chambers of Commerce as well as Select Greater Philadelphia and the World Trade Center of Delaware for a tristate area networking event. The program focused on start-ups and entrepreneurial ventures. More than 150 tech professionals and global business leaders participated. Internationally minded executives with operations in Delaware, New Jersey and Pennsylvania thoroughly enjoyed the dynamic evening of networking, noshing and professional growth. Start-ups brought corporate promotional materials for display and to showcase their business objectives. Business cards were exchanged and new valuable global connections were made.

This international event was held in the lobby of Hercules Plaza, home to 1313 Innovation. Founder, Paul McConnell, is a BABCPHL Club Level and Board Member. A few years ago Paul saw a need to build the entrepreneurial community in Wilmington, Delaware and beyond. “There was some startup activity in the City, but we knew it could be so much more” stated Paul. By June 2014, 1313 Innovation was launched, offering more than 10,000 square feet of co-working space, networking, and educational opportunities. 1313 Innovation’s mission is to enrich Delaware’s business community by being the most groundbreaking resource for professionals and students. 1313 strives to connect business leaders, and universities to transform Wilmington into the epitome of innovation. They support the development of its members in their roles as business leaders mainly through local and national networking, strategic alliances and partnerships in education. Our group was honored to help Paul and his team meet their mission through collaboration on this global program.

Paul and his team at 1313 Innovation and McConnell Johnson Real Estate, LLC graciously hosted our group. Event sponsors also included: 1776/Benjamin’s Desk; Bartlett & Company; The Fun Department; and the University of Delaware. The event involved executives from a wide range of industry sectors, and businesses with operations in the three states and the across the world. After brief remarks from BABCPHL President Michael Pedrick, sponsor introductions, and an entertaining “Who’s Who” ice breaker game led by The Fun Department, guests networked and continued to mix and mingle long after the event officially ended.

Sincere thanks to all sponsors and partners. Click here for photos.


Direct Connection: Philadelphia to Ireland

REGISTER HERE

Our next Executive Perspective Speaker Series will feature a dynamic panel
discussion focused on the vibrant relationship between the Greater Philadelphia
Region and the Isle of Ireland.

Panel Members Include:
• Aer Lingus’ CEO, Stephen Kavanagh
• Aer Lingus’ Chief Corporate Affairs Officer, Donal Moriarty
• Director of Commerce, City of Philadelphia, Harold Epps
• Chief Revenue Officer, City of Philadelphia Division of Aviation, James Tyrrell

Date: Tuesday, 30th of January 2018
Time: 8.00 – 10.00 am
Location:
The Pyramid Club of Philadelphia
1735 Market Street, 52 Floor, Philadelphia, PA 19103

Tickets:
Members: $35
Non-Members: $50

Online at http://iabcn.org/event/1-30-18/ by Thursday, January 25th
Email Alanna Barry-McCloskey at abarry@iabcn.org or call/text 215-772-3101


BABC Annual Transatlantic Business Conference June 6-8, 2018

Please join British American Business Council members from around the world for the 2018 Annual Transatlantic Business Conference taking place in Birmingham, England from June 6 – 8, 2018. 

Each year, the conference brings chapter members together for a two-day program of high level business discussions and networking among senior executives from a broad cross-section of business sectors who are actively engaged in transatlantic business.  The transatlantic relationship will be of even greater importance post-Brexit.

The conference will take place at several venues across Birmingham, showcasing some of the world-class facilities the City has to offer. The two-day event will include an opening cocktail party, a gala dinner, and the conference.

This annual event is a highly sought after occasion for which many American states and British cities bid.  The event has previously been held in Chicago, London, Los Angeles, New York, Philadelphia, San Francisco, Washington DC. Birmingham hosted five years ago, and they are honored to welcome attendees in 2018.

Click HERE for more information and the link to register.

 


EU GDPR with the US Commerce Service

Complying with Europe’s General Data Protection Regulation (GDPR)
Are you ready?

REGISTER HERE

When: Wednesday, February 14, 2018

Time: 8:30 am – 11:30 am

Location: 510 Walnut Street, Mezzanine Level
Philadelphia, PA 19106

Tickets:
BABCPHL Members: $25
Non-members: $35

What You Need to Know:
Do you currently have or plan to have customers, clients or employees in Europe? If yes, join us and learn how the EU’s General Data Protection Regulation (GDPR) may impact your business when it comes into force on May 25th, 2018. Failure to comply with the GDPR could result in stiff fines as high as 4% of your company’s overall revenue.
In 2016, the US Department of Commerce launched the EU-US Privacy Shield Framework to provide US companies with a mechanism to comply with EU data protection requirements when transferring personal data from the EU to the United States. Over 2,300 companies use this program to transfer data. Privacy Shield may play an integral role in your overall GDPR compliance strategy.

Objectives:

  • Find out why Eurpore is a key market for U.S. Businesses
  • Gain in-depth knowledge about GDPR requirements including
    • Accountability & transparency
    • Security and privacy by default
    • Communication with your customers and business partners
  • Discover how GDPR can impact your business including:
    • What processes and tools should be put in place
    • How to start the compliance process
    • How to turn GDPR into a business advantage
  • Learn about the Privacy Shield Program and how to apply:
    • New requirements under Privacy Shield
    • Application and Review Process
    • Know what to keep an eye our for in the future

Speaker Information:

Jordan Fisher – Managing Partner, X-pan Law Group

Rebecca Rakoski – Managing Partner, X-pan Law Group

Michelle Sylvester-Jose – Policy Advisor, Data Flows, and Privacy Team, International Trade Adminstration U.S. Department of Commerce

Alexandre Clovirola – Cybersecurity Data Analysis Expert, I-TRACING

Aaron Gardner – Vice President, KrolLDiscovery

Partners (to date)

 

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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