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10 results out of 345 results found for 'japan⊂mit=Search'.

FATF SAYS NEW TERROR FINANCE OPERATIONAL PLAN WILL CLARIFY RISKS POSED BY VIOLENT GROUPS

WITH the Financial Action Task Force (FATF) about to hold a new plenary on June 27-29, jointly with the FATF-style regional body from the Middle East and North Africa (MENAFATF), the global AML body is assessing its new operational plan for terrorist financing.…

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INNOVATION SHOWCASES THE KEY AS COSMOPROF KEEPS EXPANDING

THE ORGANISERS of Italy’s premier beauty trade fair, Cosmoprof Worldwide Bologna, are claiming a record number of visitors and international buyers attending this year’s 51st edition of the event from March 15-19. Exceeding the 250,000 visitors from last year’s Cosmoprof, attending foreign buyers, distributors and retail representatives grew 11% in 2018, year-on-year.…

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SOUTH KOREA’S COSMETICS WEATHERING POLITICAL HEADWINDS WITH MORE PERSONALISATION AND MULTI-STEP ROUTINES

THE SOUTH Korean cosmetics market, currently evaluated by Frost & Sullivan at USD12.4 billion and growing at 7% year-on-year, is leaving behind the negative effects of a de facto boycott by Chinese tourists. The travel freeze, sparked by Seoul’s decision to install a US-made anti-missile system to protect itself from North Korea, has been in place since early 2017.…

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WILL BREXIT LOOSEN UK AML CONTROLS? EXPERTS ARE DIVIDED

WILL Brexit increase money laundering through the UK, or will the British government’s October 2017 Sanctions and Anti-Money Laundering Bill (SAMLB) and the UK money laundering regulations 2017 adequately replace the European Union’s (EU) anti-money laundering directives (AMLD)?

British Labour member of the European Parliament (MEP) Claude Moraes has his doubts.…

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AI SYSTEMS OFFER ASIAN RECRUITERS AN EDGE OVER MANUEL SCREENING OF APPLICATIONS

ARTIFICIAL intelligence (AI)-led candidate screening or simply put, automated recruitment is ready to take off in east and south-east Asia. However, a key challenge in the process is making automated interactions valuable and engaging enough for candidates – so that “they don’t feel like they are talking to a dumb machine,” an industry expert said.…

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YEAR OF SCANDALS MIGHT LEAD TO MORE STRINGENT LAW ENFORCEMENT

AUSTRALIA may have been strengthening its anti-money laundering (AML) systems, but an admission last year (2017) by the country’s biggest bank, the Commonwealth Bank of Australia (CBA), about AML failures was a clear reminder that reforms are still needed. The Commonwealth Bank admitted that it had breached Australian AML laws 53,700 times.…

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EU WTO REGULATORY ROUND UP – BREXITED BRITAIN MAY HAVE FORMAL RELATIONSHIP WITH EFSA

THE UK may have a formal relationship with the European Food Safety Authority (EFSA) after its planned March 29, (2019) departure from the EU, Prime Minister Theresa May has signalled in a detailed policy speech. Speaking in the City of London, she said: “We will also want to explore with the EU, the terms on which the UK could remain part of EU agencies…” And while not naming EFSA, she said – in theory – she was prepared to allow the UK to be bound by the rules of EU agencies, post-Brexit. …

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BRAZIL LOSES COMMANDING POSITION IN GLOBAL TOBACCO LEAF MARKETS OVER PAST 10 YEARS, WTO DATA SHOWS

THE IMPORTANCE of Brazil as the world’s top supplier of internationally-traded tobacco leaf and manufactured products has been waning for the past decade, with India, notably, improving its position. New statistical analysis released by the World Trade Organisation (WTO) shows that this market share fall for Brazil also represented a decline in volume sales, given the global trade in tobacco leaf and products has shrunk since 2013 – until 2016, the year for which the latest data is available.…

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INDIA’S RISE TO BECOME TOP BOVINE MEAT EXPORTER KEY FEATURE OF NEW WTO EXPORT SALES DATA

MAJOR shifts in the power of exporting countries within the meat and livestock sector in the past decade have been identified in new statistical analysis released by the World Trade Organisation (WTO). The global body has noted how India between 2006 and 2016 became a bovine meat export power house (notably in buffalo meat) with overseas sales rising from 79,400 tonnes (1.9%…

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ONLINE SALES WEAKEN BIG BRANDS - BUT INDIE SCRAPPERS WILL HAVE TO FIGHT TO RETAIN CONSUMER LOYALTY

ONLINE-savvy cosmetics consumers are becoming more adventurous – gone are the days that they would only trust the quality of traditional brands bought sight unseen on the web. Instead, consumers are investigating product ingredients carefully, as well as online reviews, and armed with such information, are often choosing to buy emerging, smaller brands over those established, known ones.…

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