Search Results for: Irish

With their large financial services industries and open economies, the United Kingdom and the Republic of Ireland are conspicuously exposed to money laundering (ML) and terrorist financing (TF) risks.

Tough anti-money laundering (AML) and countering the financing of terrorism (CFT) policies are at the heart of their respective financial services regulations, yet both countries are regularly forced to fend off criticisms that they are not doing enough to tackle these problems.…

Beef Plan – a movement put together by Irish suckler and beef farmers to fetch them better prices and more autonomy – is gaining momentum, the group’s spokesperson has told GlobalMeatNews.

The project that kicked off last September (2018), outside the structures of traditional farming organisation, and projected to last until 2025, is all about “getting control back to farmers” from the big beef buyers, empowering them to make good business decisions, said Beef Plan spokesperson Eamon Corley.…

It may not have been widely noticed internationally, but Dublin has become a key cog in the Russian economy’s financial system. That exposure – while profitable for the city’s accountants and lawyers – also risks becoming a liability due a lack of transparency over the source and use of funds.…

EUROPEAN Union member states are dragging their feet implementing the fourth anti-money laundering directive’s (4AMLD 2015/849) beneficial ownership rules. Only five countries met the June 26, 2017, AMLD4 deadline for having an ultimate beneficial ownership (UBO) register under national law – Britain, Denmark, France, Germany and Sweden- according to the European Commission. …

AS the British House of Commons prepares to vote on the European Union (EU) withdrawal agreement negotiated by UK Prime Minister Theresa May, the Irish beef sector has been warning that a no deal Brexit would cause chaos and dramatically undermine Ireland’s beef exports.…

The recent sight of a Chinese internet celebrity in a milking parlour in Limerick could be a hint of what the future holds for Ireland’s increasingly international dairy industry. Xiao Lu Yu, one of the ‘influencers’ who monetise Chinese social media (see https://m.weibo.cn/status/4279583182420503…

AMERICAN confectioners may suffer from the latest tit-for-tat tariff exchange between the USA and China, with retaliatory duties from China targeting US confectionery exports. Many of these duties are high – at 25% – imposed from September 24 on US-made sugar; cocoa powder; milk powder; honey; jams; and more; plus 20% duties on US-made confectionery without cocoa; chewing gum; some chocolates; and more.…

“Group think”, an “intolerance of dissent and difference” as well as an “inordinately high value on relationships rather than rules” have prevented a culture of whistleblowers from taking root in Ireland, boosting cronyism and weakening regulation, economists and regulators were warned earlier this month (October).…

TIME was when dairy farming in Ireland was a family affair, with smallholdings and local dairies predominant. But those days are long gone. The Irish dairy sector is now big business, not just on Republic of Ireland’s 4.8 million population, but also overseas, with big brands targeting foreign markets.…

LARGE motorway service areas have become a recent feature of the Irish landscape, with plaza-type facilities incorporating fuel, food and grocery retailers under one roof.  However, the key players in the forecourt market, which is increasingly held by Irish firms Maxol and Applegreen, along with Canadian newcomer Couche-Tard – are now racing to reposition themselves given the Irish government plans by 2030 to end sales of petrol and diesel vehicles.…