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Search Results for: Dutch caribbean

10 results out of 1022 results found for 'Dutch caribbean'.

ECHA SAYS PAINT COMPANIES SHOULD CONTINUE TO PREPARE TO BREXIT, EVEN WITH NEW DELAYED EXIT DEADLINE



THE EUROPEAN Chemicals Agency (ECHA) has recommended that companies concerned that their compliance with European Union (EU) chemical control system REACH might be impacted by Brexit should continue preparations for Britain’s possible withdrawal. With the UK having been given a new flexible exit deadline of October 31, ECHA has said it “recommends companies to continue preparing for a new, flexible withdrawal date”.…

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GLOBAL AML/CFT REGIME’S EFFECTIVENESS IN DOUBT AS ITS 30TH BIRTHDAY APPROACHES



This July is the 30th anniversary of the Financial Action Task Force (FATF), which developed its 40 recommendations on anti-money laundering (AML) and nine special recommendations on combating the financing of terrorism (CFT) – but the jury is still out on whether the AML/CFT system it has created is really working.…

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WORLD’S SMALLEST COMMERCIAL RUNWAY REBUILT – IN SABA, DUTCH CARIBBEAN



THE WORLD’S shortest commercially-operated runway has been rebuilt, with a new concrete surface replacing the previous degraded asphalt at Juancho E. Yrausquin Airport, on Saba, a Dutch Caribbean island. The runway spans just 400 metres overlooking steep cliffs serving an island which is a dormant volcano with few stretches of flat land.…

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SUB-SAHARAN AFRICA AIRPORT SECTOR EXPANDS AS AIR TRAFFIC PUSHES FACILITIES TOWARDS CAPACITY LIMITS



AFRICA is without doubt the continent to watch for airport and air traffic control investment in the future. It is the world’s second most populous continent (home to more than 1.2 billion people), and according to Airports Council International (World) – ACI World – Africa was the fastest growing region for air passenger traffic in 2017 and 2018, which rose 6.3% in 2017 year-on-year and 10.8% in 2018 to June year-to-date, year-on-year.…

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MULTIMILLION EURO CRYTO-CURRENCY LAUNDERING SERVICE SMASHED



In the first law enforcement action of its kind, the Dutch Fiscal Information and Investigation Service (FIOD), has shut down a cryptocurrency mixer service Bestmixer.io, alleging it has broken money laundering laws. The service blended potentially identifiable or ‘tainted’ cryptocurrency funds with others, obscuring the trail back to the fund’s original source.…

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LEGALISATION OF CANNABIS-ASSOCIATED BEAUTY PRODUCTS ADVANCES UNEVENLY WORLDWIDE



THE LEGALISATION nationwide of recreational cannabis in Canada last October (2018) was a groundbreaking move – a first for a major western country – and from this coming October 17, at the latest, one that may have significant implications for the beauty business.…

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ASIA REGULATORY ROUND UP – HK STOCK EXCHANGE, CENTRAL BANK AND FINANCE MINISTRY REFORMS TO OFFER GREEN ACCOUNTING WORK



HONG Kong accountants may see an increase in demand for non-financial assessments, with the HK Stock Exchange consulting on proposed new environmental, social and governance (ESG) reporting. It is proposing introducing mandatory disclosure requirements to include board statements considering ESG issues; and what reporting principles are used to develop company ESG reports.…

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TURKEY TAKES EYE OFF AML BALL FOLLOWING 2016 COUP



Turkey’s anti-terrorism laws have been used extensively by its government following the 2016 attempted coup, but fighting money laundering, corruption and financial crime has not been given the same priority.

With the rule of law undermined by the sacking or suspension of an estimated 150,000 members of the judiciary, civil service and military deemed part of the plot to overthrow President Recep Tayyip Erdoğan, eyes are on the mutual evaluation report being undertaken by the Financial Action Task Force (FATF) of Turkey this year.…

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BERMUDA AND LIECHTENSTEIN – TWO FINANCIAL SECTORS SEEKING TO EVADE AML/CFT CENSURES



Bermuda and Liechtenstein may be half a world apart, but these two financial centres are similarly attractive destinations for parking money, the former with a dominant insurance sector, the latter specialising in tending the assets of the German super-rich. While both jurisdictions have strong privacy laws, they have managed to avoid being labelled by the Financial Action Task Force (FATF) as having weak AML/CFT laws.…

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ACCA QUALIFIED FD HAS FOUND HIS PROFESSIONAL HOME IN MAJOR CARIBBEAN CONGLOMERATE



THE ACCA-qualified group finance director for the largest conglomerate in Trinidad & Tobago and a key player in the Caribbean region – the ANSA McAL group – has aligned his personal professional ambitions with his company’s goal of sturdy sustained growth.…

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