Search Results for: London

BY KEITH NUTHALL
CHARGES have been laid against alleged fraudsters in an Italy-based cigarette smuggling scam costing European treasuries Euro 31.6 million in evaded duties. The public prosecutor of Asti, Italy, released details of the alleged con, involving 287,884 kg of cigarettes being smuggled accompanied by forged customs stamps being presented to Italian customs officials.…

BY KEITH NUTHALL
A EURO 11.7 million grant has been awarded by the European Commission to a European Union (EU) research project that will try to identify novel approaches for preventing HIV-1 transmission. The European Microbicides Project (EMPRO) involves 29 institutions from Europe and developing countries and is coordinate by King’s College, London.…

BY MONICA DOBIE, ALAN OSBORN and MARK ROWE
SENDING employees abroad or setting up overseas branches always take some preparation and maybe the most important job is taking care of workers’ health needs. Not only must local employment laws be followed, but companies must ensure that they can manage the alien health risks faced abroad.…

BY ALAN OSBORN
FOLLOWING the terror attacks in Madrid the International Maritime Organisation (IMO) has urged member countries to speed up implementation of agreed new measures for promoting safety at sea. The new maritime security regime is due to enter into force on July 1, but a number of members, mostly developing countries, have admitted they cannot meet the deadline because of lack of resources and training.…

BY ALAN OSBORN
MANY professions are engaged in the war against money laundering but it seems increasingly plain that customs officers are at the very forefront of the campaign. Most crime (with some forms of terrorism a conspicuous exception) is committed mainly for financial profit and that profit has to be re-cycled if the criminals are to gain anything at all from it.…

BY KEITH NUTHALL
THE INTERNATIONAL Chamber of Commerce (ICC) is assembling a crack anti-fraud team from amongst specialist legal practices worldwide, tasked with offering advice to victims of commercial deception, money laundering and cybercrime. This Fraudnet group would help victims prosecute fraudsters and recover lost property.…

Keith Nuthall
THE INTERNATIONAL Chamber of Commerce (ICC) is assembling a crack anti-fraud team from amongst specialist legal practices worldwide, tasked with offering advice to victims of commercial deception, money laundering and cybercrime. The chamber’s commercial crime department said it was now identifying and inviting suitable law firms to participate.…

BY MARK WILSON
AWASH with recently-passed legislation and newly-established Financial Investigation Units, the small nations of the Caribbean have transformed their money laundering controls since the mid-1990s. In 2000, five Caribbean island jurisdictions made up one-third of the Financial Action Task Force (FATF) list of fifteen non-cooperative countries and territories, each of them with ‘serious systemic problems,’ in the words of a FATF review published on June 22 of that year.…

BY ALAN OSBORN, in London
THE EUROPEAN Commission has ordered a study of the merits of inter-specific vines, or hybrids, signalling the possible future acceptance of such vines in the European Union wine industry. Until now EU regulations have banned their use for

appellation wines, largely because of pressure from France and other countries anxious to preserve the “pure” traditional varieties grown in natural habitats.…

BY KEITH NUTHALL
FIFTY years after the turn of the tide in the Second World War, the European Parliament is calling for the creation of a comprehensive international legal system to identify the whereabouts of artworks looted by the Nazis, fairly settling ownership and compensation claims.…