Search Results for: England

The increasingly sophisticated ML tactics of criminal organisations and the resulting expansion AML/CFT policy and legislation has boosted demand for external consultants.

Indeed, regulators can encourage the hiring of third-party expertise. England and Wales’ legal association The Law Society released guidance last December (2024) on how small law firms can meet their AML compliance obligations, stressing external consultants could provide training on UK AML regulations, that smaller outfits might struggle to deliver in house (1).…

Warnings are growing that the current legal framework in the UK fails to provide effective measures to tackle corruption in local government. This coupled with a lack of resources and expertise dedicated to investigating and prosecuting corruption cases adds to the difficulties.…

Imposing bans on disposable e-cigarettes or vapes will not help people stop smoking and are counterproductive, European vape experts have told Tobacco Journal International (TJI).

Their comments come in the wake of myriad plans to ban or impose high taxes on these products, which contain nicotine and are regarded by some as harmful for health.…

With consumers becoming increasingly health conscious worldwide, demand for vegan chocolate, replacing dairy ingredients with plant-based materials, is growing fast.

According to US-based Grand View Research, the global vegan confectionery market – dominated by chocolate – is anticipated to generate USD2.62 billion in annual revenues by 2030, expanding at a compound annual growth rate (CAGR) of 9.9% from 2023’s USD1.23 billion.…

There is no formal blueprint telling universities and colleges how they can encourage skills and practices promoting sustainability, as the world grapples with an ever more demanding impacts from climate change. However, a team of experts in the UK has developed a thoughtful set of guidance, designed to aid higher education institutions in weaving sustainability into their coursework, research and operations.…

While the global economy has not performed as badly in 2023, as inflation-focused doomsayers predicted (the International Monetary Fund has projected 3% growth for 2023 and 2024, down from 3.5% in 2022), companies are still struggling, especially with interest rate rises.…

PACKAGING companies worldwide are increasingly choosing more environmentally friendly packaging, driven by tough laws, such as the European Union’s (EU) proposed packaging and packaging waste regulation (PPWR) (1). This is moving through the EU’s legislative decision-making system, ready for approval in 2024, with the European Parliament adopted its first reading report on November 22 – coordinated by French liberal MEP Frédérique Ries (2).…

The City of London Police (COLP), the lead force on fraud and cybercrime in England, Wales and Northern Ireland has unveiled its first ever five-year plan, a ‘National Policing Strategy for Fraud, Economic and Cyber Crime 2023 – 2028′ (1).

The strategy’s aim is to improve police response to fraud, economic and cybercrime by delivering on three cross-cutting strategic objectives:

*Improve outcomes for victims – through a new, “innovative” Fraud and Cyber Crime Reporting and Analysis Service (FCCRAS) that replaces Action Fraud (the national reporting centre for fraud and cybercrime) in 2024;

*Proactively pursue offenders – through a shift to proactive, intelligence led investigations; and

*Protect people and businesses from these threats – by launching a new ‘PROTECT’ network of anti-fraud and cybercrime resources, combining systems and strengthening national co-ordination.…

UK recession expected by the end of the year

The way the data is evolving there is a 60% chance the UK will be in recession by the end of 2023, or certainly by the early stages of 2024, according to Simon Ballard, Chief Economist, First Abu Dhabi Bank.…

The push to secure a better environment is at the forefront of the UK paint and coating sector’s current growth trajectory. From groundbreaking innovations that incorporate plastic waste into coating products, to new ways of minimising paint waste and creating aesthetics, the industry is taking sustainability seriously.…