Search Results for: Latvia

Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…

European Union (EU) member states are failing to comply with the bloc’s 2019 whistleblower protection directive (1) and two – Estonia and Poland – have not implemented the legislation at all, according to a new report (2) from Transparency International. ‘How well do EU countries protect whistleblowers?…

While energy price rises have started levelling off after 2022 steep inflation, the need to boost sustainable electricity capacity in Europe, carried by strengthened transmission networks, boosting security of supply against unreliable partners such as Russia and further reduce carbon emissions, is becoming ever more pressing.…

The European Union (EU) has ramped up its sanctions on Belarus, as Russia’s ally has increased its role in its invasion of Ukraine, hosting members of the Wagner Group, the mercenary company that recently rebelled against the Russian government. Belarus President Alexander Lukashenko helped broker an end to the mutiny by allowing Wagner Group leaders and fighters to move to Belarus and avoid prosecution in Russia.…

Anti-fraud agencies, financial institutions and central banks are working increasingly hard to fight sophisticated identity fraud, where fraudsters build an identity based on stolen IDs to open bank and credit card accounts. These comprehensive fake IDs – sometimes pulling together multiple identity elements and invented details – are often subbed ‘synthetic identity’ frauds.…

Anti-fraud agencies, financial institutions and central banks are working increasingly hard to fight sophisticated identity fraud, where fraudsters build an identity based on stolen IDs to open bank and credit card accounts. These comprehensive fake IDs – sometimes pulling together multiple identity elements and invented details – are often subbed ‘synthetic identity’ frauds.…

The Lithuanian dairy industry has seen its share of highs and lows in recent years, culminating this year in a rash of dairy farmer protests, rising energy costs, inflation, farm closures, and rock bottom prices for raw milk. During the first half of 2022, export sales grew according to Lithuanian dairy producer organisation Pieno Centras (1), as dairy product prices rose and demand remained high, boosting production and Lithuanian farm milk sales.…

The European Commission has opened infringement procedure against Italy, Latvia and Portugal over failings in the way their national legislation applies the European Union’s (EU) 5th anti-money laundering directive (5AMLD). This is despite the fact EU member states should have written the law into their national statute books by January 2020.…

The fact that AML/CFT is expensive is widely appreciated by governments and international organisations, but they still support policies and programmes that cost a considerable proportion of the USD274.1 billion that LexisNexis Risk Solutions says is lavished on financial crime compliance (1).…

Deposit return systems (DRS) promoted by European Union (EU) regulation are the best way to help EU can manufacturers achieve high recycling and collection of quality materials, EU (European Union) can sector experts told the March 28-30 Packaging Waste and Sustainability Forum, in Brussels.  …