Search Results for: Singapore

The precious metals and stones sector is increasingly under the spotlight regarding ML and TF, particularly gold. Given the fungibility of precious metals, the complexity of their supply chains and the varying levels of oversight worldwide, they continue to be an attractive means to launder money – especially gold, which remains the precious metal of choice for launderers.…

Australia is at the forefront of developing innovative marine coatings that draw inspiration from nature. These have the potential to not only protect ships from biofouling but also reduce fuel consumption by up to 10% by mimicking the properties of streamlined natural surfaces.…

The international clothing and textile sector will have to take account of the first global sustainability reporting standards designed to become compulsory in many countries worldwide from January 1, 2024. These will be published by June, having been approved in February by the International Sustainability Standards Board (ISSB).…

International automobile manufacturers, including those based in the USA, have been presented with the first global sustainability reporting standards designed to become compulsory in many countries worldwide from January 1, 2024. They may also apply to foreign companies operating in the USA and overseas branches of US-owned companies such as Ford and GM, depending on a looming decision made from the Securities & Exchange Commission, expected in April (2023).…

Luxembourg’s strength as a financial sector has brought the world’s only sovereign grand duchy great wealth (USD133,000 per head in 2021, said the World Bank), but it has also generated scrutiny on how it monitors investors, companies and bank depositors for AML exposure.…

Fresh food manufacturers worldwide are developing intelligent packaging that can help them reduce both food and plastic waste, responding to regulatory and consumer pressure to minimise their products’ environmental footprints.

Such bio-innovations may be of particular importance to European Union (EU) food manufacturing companies, given the EU is revising its packaging and packaging waste directive.…

Transparency International warned that “conflict creates opportunities for corruption and subverts governments’ efforts to stop it” in unveiling the 2022 Corruption Perceptions Index (CPI) on January 31, scoring 180 countries worldwide on perceived levels of public sector corruption from 0 (highly corrupt) to 100 (very clean).…

Transparency International (TI) has warned that “conflict creates opportunities for corruption and subverts governments’ efforts to stop it” when unveiling its 2022 Corruption Perceptions Index (CPI) on January 31, scoring 180 countries worldwide on perceived levels of public sector corruption from 0 (highly corrupt) to 100 (very clean) with the average 43.…

The agreement of the first two International Sustainability Standards Board (ISSB) standards may help new tech-based data networks unlock capital and investment flows to smaller businesses and especially in emerging markets, a symposium in Montréal, Canada, has been told.

A panel of development experts speaking at the event on Friday (Feb 17) noted how artificial intelligence (AI) and machine-learning-based data platforms can mesh with digitised smaller businesses, helping entice investors seeking sustainable opportunities.…