Search Results for: World Trade Organisation

A group of European Union (EU) member states is pressing for delays in approving lab-grown meat for sale in the EU, calling for a broad debate on a wide range of economic and social impacts. A common note to the EU Council of Ministers has been written by Austria, France and Italy, backed by the Czech Republic, Cyprus, Greece, Hungary, Luxembourg, Lithuania, Malta, Romania and Slovakia.…

With online living increasingly prevalent, data is becoming more valuable and hence criminals are developing new tactics to steal these digital assets. Anti-fraud organisations, consultants and vendors are trying to monitor these innovations, to help law enforcement, government and business respond, but their protections often remain too weak.…

Chinese sportswear giants Li-Ning Company Ltd and Anta Sports Products Ltd may have lost significant value (70% and 27% respectively) in Hong Kong’s Hang Seng Index at the close of 2023, but industry experts remain confident they will continue to be forces Western sportswear brands will have to reckon with in 2024.  …

TEXTILE and garment companies in the European Union (EU) will need to take extra care with sustainability-focused marketing, when proposed green claim and greenwashing controls being negotiated by the European Parliament and the EU Council of Ministers come into force later this year.…

A detailed UN Office on Drugs & Crime (UNODC) report has called on governments in east and southeast Asia to proactively prevent the growth in illicit gambling services in the region, which are being abused by money launderers. These combine physical gambling locations with online gaming, with cryptocurrency being used to stake and collect on bets along with fiat currency.…

The Institute of Internal Auditors (IIA) has released new Global Internal Audit Standards. Designed to help internal auditors, the revamped standards include strengthened model governance frameworks to improve responsiveness to rapidly changing business environments; guidance helping internal auditors in the public sector and small internal audit functions; more flexibility aiding adapting challenges faced by auditors worldwide; and guidance on cybersecurity.…

While the basic principle of fraud – obtaining property by deception – holds as true today as ever – one New Year resolution for anti-fraud teams should be assessing the risks posed by recent technologies such as artificial intelligence (AI). Combined with the general Covid-19-inspired shift towards online living, AI has offered fraudsters new weapons and wider targets for this year and beyond.…

Trade regulators for the European Union (EU) and US markets are trying to set a higher bar for multinational brands on labour rights and environmental protections, but participants in the Cambodian garment and footwear sector are not anticipating any major shifts in their industry’s standards, at least not for a while.…

The new libertarian Argentine government’s strategy to restore a strangled economy, battling recession and a triple-digit inflation, is expected to boost wool exports from the country, experts have predicted.
The new president, the far-right outsider Javier Milei, was elected in November (2023), promising drastic economic reforms in Latin America’s third-largest economy, which is facing its worst economic crisis in two decades.…

A new agreement in Milan settling claims by 33 foreign language university lecturers in Italy – known as ‘Lettori’ – may offer a pathway to end long-running disputes between these academics and their employers. The deal involves the full reconstruction of their careers with the State University of Milan (Università degli Studi di Milano Statale), however, any comprehensive solution will probably rest on an upcoming ruling from the European Court of Justice (ECJ).…