Search Results for: Finland
10 results out of 825 results found for 'Finland'.
EU EDUCATION MINISTERS GIVE CAUTIOUS WELCOME TO EUROPEAN DEGREE
European Union (EU) education ministers and university experts have argued this week the creation of a European degree could boost cooperation between higher education institutions (HEIs), but that more work is needed to make it successful.
Pia Ahrenkilde Hansen, the European Commission’s director general for education, told EU education ministers (https://video.consilium.europa.eu/event/en/27718…
BASEL INSTITUTE INDEX RAISES CONCERN ABOUT AML EFFECTIVENESS, EVEN AS FATF TECHNICAL COMPLIANCE IMPROVES
The Basel Institute on Governance has welcomed a gradual improvement in AML/CFT technical compliance with FATF recommendations but has warned governments’ progress in improving effectiveness remains sluggish.
Its 13th edition of the Basel AML Index assessed164 countries, with Myanmar, Haiti and the Democratic Republic of the Congo (DRC) receiving the highest AML/CFT risk scores, with San Marino, Iceland and Finland the lowest (1).…
TECHNICAL ROUND UP – ISSB FLAGS IMPLEMENTATION PROBLEMS WITH FIRST TWO STANDARDS
The International Sustainability Standards Board (ISSB) is considering a report highlighting difficulties in implementing its first two standards, with board members to consider whether they need amending. The paper focuses especially on problems linked to IFRS S2 on climate-related disclosures, such as concluding paragraphs being “unclear and [that] appear contradictory” to requirements in IFRS S2 regarding disclosure of “scope 3 category 15 GHG emissions”, for example.…
TECHNICAL ROUND UP – EU MEMBER STATES FAIL TO IMPLEMENT MANDATED EUROPEAN SUSTAINABILITY REPORTING
European Union (EU) member states are failing to implement mandatory sustainability reporting rules imposed by the EU’s corporate sustainability reporting directive (CSRD), the European Commission has concluded. It has opened infringement procedures against 17 of the 27 EU countries saying they have failed to properly write the directive into their national legislation: Austria, Belgium, Cyprus, Czechia, Estonia, Finland, Germany, Greece, Latvia, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovenia and Spain.…
BELGIAN CAN MARKET BEACON OF ENVIRONMENTAL GOOD PRACTICE, SAY EXPERTS
Belgium is a beer heavyweight in global markets, and hence a major source of canning demand, with 417 brewers according to the country’s industry association Belgian Brewers, providing nearly 7,000 jobs (1). It is the fifth biggest producer in Europe, producing 2.047 billion litres of beer in 2023, according to the latest European Union (EU) statistical agency Eurostat figures (2).…
CAN MANUFACTURERS COMMITTED TO REMOVING ‘FOREVER CHEMICALS’ FROM PACKAGING, SAY EXPERTS
The international can manufacturing and filling industry is continuing to face increasing regulatory pressure regarding certain food contact chemicals, which while protecting cans against corrosion, may also harm consumer health and the environment.
Dubbed by environmental groups as ‘forever chemicals’ because they take so long to degrade, these substances include bisphenols, phthalates and PFAS (per and poly-fluorinated alkyl substances).…
FOOD INDUSTRY WORKING HARD TO FIND PFAS ALTERNATIVES, SAY EXPERTS
Food and drink industry regulators worldwide are tightening rules and guidance on reducing the use of per- and polyfluoroalkyl substances (PFAS), pushing food manufacturers to develop alternatives to this non-stick chemical used notably in microwave popcorn bags, grease-proof paper and plastic sandwich bags.…
EU MEMBER STATES SHAKE UP UBO REGISTER ACCESS AFTER ECJ CASE AND NEW AML DIRECTIVE
European Union (EU) member states have been adapting to the new legal guidance on access to their national registers of ultimate beneficial owners (UBOs) following the November 2022 ruling (1) at the European Court of Justice (ECJ) and a new EU directive published June 19 (2024).…
EPPO BUDGET CONSTRAINTS THREATEN VAT FRAUD CRACKDOWN
Budget constraints are threatening the ability of the European Public Prosecutor’s Office (EPPO) to continue investigating VAT fraud, especially as it expands to take on newcomers Poland and Sweden this year, the Luxembourg-based office is warning. The EPPO College (1), a management board composed of the European Chief Prosecutor, Laura Kövesi, and prosecutors from the now 24 participating member states – has been pushing for a much bigger budget as the agency’s workload rises.…
NEW EU ANTI-SUBSIDY TARIFFS MIGHT PUSH CHINA AUTOMAKERS TO RELOCATE PRODUCTION IN EUROPE
European Union (EU) tariffs of up to 38.1% on China-built BEVs effective July 5 (2024), likely will not stall progression of Chinese automakers onto Europe’s markets but could steer them towards producing or assembling cars in the bloc, say auto industry experts.…