Search Results for: Climate change

BY ALAN OSBORN
THERE was much optimism earlier this year that the European Union’s (EU) revamped working time directive might be finally agreed this summer but it all fizzled out in June and to all intents and purposes we’re back to deadlock again.…

BY MATTHEW BRACE
THERE are not many countries left on the Financial Action Task Force’s (FATF) blacklist of dodgy jurisdictions regarding money laundering regulations, and one of the last stragglers – the South Pacific nation of the Cook Islands (a New Zealand dependency) – was provisionally removed in February.…

BY DAVID HAWORTH, in Brussels
A RADICAL change in the fishing year political calendar is being planned by the European Commission, which hopes to introduce a new system in 2007, Fisheries Commissioner Dr Joe Borg told Fishing News last week.

Speaking in an exclusive and wide-ranging interview, he expressed impatience with the traditional timing of the fishing quota-setting schedule, which annually inflicts an unnecessary crisis management on both the sector and governments alike before every Christmas.…

BY KEITH NUTHALL
THE EUROPEAN Parliament looks unlikely to heed the concerns about the erosion of client confidentiality by European Union (EU) money laundering legislation, with its key civil liberties committee strengthening lawyers’ duties to inform the authorities about suspicious dealings.…

BY ALAN OSBORN
Two new schemes aimed at resolving the differences between the European Union and the US over the posting of collateral by non-American re-insurers in the US market are to be considered by the National Association of Insurance Commissioners (NAIC) of the US at its summer meeting in Boston June 11-14th.…

BY ALAN OSBORN
SUDDENLY accountants are being held in unusually high esteem and it’s all because of their work in connection with the relief effort for victims of the Boxing Day tsunami. To date some Pounds 4.7 billion for the stricken countries has been raised worldwide but nothing like that sum has yet got through to the people affected; some of it stolen perhaps and some of it wasted, but a lot of it bogged down in inadequate financial infrastructures: step forward the big multinational accountancy firms who have provided staff, management and professional advice and training, a good deal of it on a pro bono publico basis.…

BY MATTHEW BRACE
THE INCREASING global demand for mineral resources – especially from Asia – has breathed new life into a remote yet highly and diversely mineralised part of Australia. The island of Tasmania, off the south east coast of the continent, is revelling in a mining boom, the like of which it has not seen for more than a century.…

BY KEITH NUTHALL
BUCKFAST, the tonic wine that has been attacked by Scottish ministers for promoting teenage drunkenness is facing another political challenge, this time at the hands of bureaucrats in Brussels. The European Parliament is due to consider a directive on enriching food and drink with vitamins and other substances, that would – if passed unchanged – make Buckfast’s existing recipe illegal, along with those of other British tonic wines.…

BY KEITH NUTHALL
BUCKFAST, the tonic wine that has been attacked by Scottish ministers for promoting teenage drunkenness is facing another political challenge, this time at the hands of bureaucrats in Brussels. The European Parliament is due to consider a directive on enriching food and drink with vitamins and other substances, that would – if passed unchanged – make Buckfast’s existing recipe illegal, along with those of other British tonic wines.…

BY MARK ROWE
LEADING insurance associations have welcomed a recent agreement between the European Union (EU) and Russia that will liberalise the Russian insurance industry. At a summit in Moscow involving Russian President Vladimir Putin and European Commission President José Manuel Barroso, the EU and Russia struck a detailed cooperation agreement on a range of economic and trade issues.…