Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
ITMA 2023 WEDS INNOVATION TO SUSTAINABILITY
The European textile industry is well positioned to lead the global sector towards a more sustainable future, this year’s ITMA 2023 international conference has been told. Alberto Paccanelli, president of Euratex, which represents over 143,000 companies in the European Union (EU) textile and clothing industry, told Just Style at the Milan (June 8-14) event that the European Commission’s Textiles Ecosystem Transition Pathway (1), released June 6, implementing the EU Strategy for Sustainable and Circular Textiles, could have a positive impact.…
EU JUDGE ADVISES LIMIT ON NATIONAL JUDICIAL REVIEW OF EPPO WORK
The European Court of Justice (ECJ) has signalled that national judicial reviews of cross-border investigations by the European Public Prosecutor’s Office (EPPO) should be limited to procedural questions. During a cross-border investigation of a biodiesel fraud case, the EPPO’s European Delegated Prosecutor in Germany assigned the search and seizure of potentially incriminating documents and hardware to an assisting European Delegated Prosecutor in Austria, who in line with Austrian law obtained judicial warrants.…
FUNDING CUTS BLAMED FOR MASSIVE DELAYS IN UK ENGLAND AND WALES FRAUD CASES
The Criminal Bar Association (CBA) has blamed chronic underfunding of the criminal justice system for delays in trying fraud cases in courts in England and Wales, after analysing the UK government’s own data. The CBA, which represents members of the Criminal Bar in England and Wales, said delays to conclude fraud cases more than doubled in the eight years from 2014 to 2022 from an average seven months to 16.…
WINDSOR AGREEMENT PUSHES OPTIMISM IN ISLAND OF IRELAND DAIRY SECTOR
The is optimism within the Irish dairy industry that the acute trading challenges caused by Brexit may have abated thanks to the Windsor Framework deal between the European Union (EU) and the UK that amended the Northern Ireland Protocol. Producers and traders hope that the changes will give some certainty to an Irish dairy processing industry that relies on seamless transit across the Northern Ireland-Republic of Ireland border and onto Great Britain.…
TOURISM AND ECONOMIC CRISIS BOOST PORTUGUESE CANNED FOOD
The Portuguese canned food sector, internationally known for its canned fish lines, is thriving – thanks to tourism and innovation, despite the many supply chains issues that it still faces.
Statistics Portugal (Instituto Nacional de Estatística – INE) data suggests the sector is growing fast, with Portugal having exported EUR 305.3 million’s worth of canned fish products in 2022 (provisional data), 20.3% more than in 2020.…
DEMAND AND SUPPLY INNOVATION FUELS GROWTH IN KNITWEAR MICROFACTORIES
Knitwear microfactories have been expanding in number this year (2023) due to industrial, regulatory and societal changes accelerated by the Covid-19 pandemic.
Manufacturers have been eyeing the potential of small-scale, high-tech facilities, which can streamline production and be better suited to operate on an on-demand basis than larger plants.…
EXPERTS SAY SHARPENING CRYPTOCURRENCY KNOWLEDGE IS KEY TO FIGHTVITUAL ASSEST CRIME – ACFE CONFERENCE
Experts at the recent global Association of Certified Fraud Examiners (ACFE) conference in Seattle have been stressing the potential that crypto blockchains offer in tracking commercial crime – but more comprehensive regulation would aid probes. Keith Nuthall and Andreia Nogueira report.…
DIGITISATION OF FASHION SECTOR INCREASES NEED TO STRONG CYBERSECURITY
Fashion brands have been warned to step up online security as the industry becomes increasingly digitalised and Russian hackers pose an increased risk as the country’s military struggles to maintain its invasion of Ukraine.
While digitalisation brings enhanced sustainability, reduced waste, stricter inventory management, personalised designs, smart wearable tech garments, AI-enabled virtual fittings and integrated supply chains, increasing online data offers bad actors additional attack vectors, said Maryland, US-based cyber exposure management company Tenable. …
WORLD’S BIGGEST FIRMS FAILING ON ANTI-GRAFT DISCLOSURE
The world’s 600 largest companies are failing to provide full disclosure of anti-bribery and corruption information within their sustainability reporting, according to a joint report (1) backed by the International Federation of Accountants (IFAC). Working with from Transparency International UK and the World Economic Forum’s Partnering against Corruption Initiative.…
CONCERNS GROW ABOUT AML/CFT SYSTEMS BEING ABUSED FOR POLITICAL PURPOSES
International AML/CFT rules and guidance have been designed to help governments crack down on criminals and terrorists, but there are few guiderails to prevent states from abusing these tools to target political opponents. Given the membership of FATF and FATF-style regional bodies, and the Egmont Group of FIUs is practically universal, that means AML/CFT systems are available to authoritarian states.…