Search Results for: Finland
10 results out of 764 results found for 'Finland'.
EU MEMBER STATES HAVE FAILED TO COMPLY WITH 5AMLD ON CREATING OPEN UBO REGISTERS
Only five European Union (EU) member states out of the current 27 have fully and properly complied with a requirement to set up public ultimate beneficial ownership (UBO) registers by January 10 (2020) under the fifth anti-money laundering directive (5AMLD), according to research by campaign group Global Witness.…
EUROPEAN AUTOMAKERS FACING COUNTDOWN TO DEADLINE ON INSTALLINBG NEW SAFETY FEATURES ON VEHICLES
AUTO manufacturers in Europe are facing a countdown to new European Union (EU) type approval rules, forcing them to install new safety technology on their vehicles if they want to secure permission to sell these autos in the EU and get them registered.…
EU MINISTERS AGREE STRATEGY TO FIGHT FOOD FRAUD
THE EUROPEAN Union (EU) Council of Ministers has called on EU member states and other EU institutions to work harder to fight the scourge of food fraud, which can damage the commercial health of legitimate manufacturers and risk consumer health. In a detailed policy statement (called ‘council conclusions’ in EU jargon), ministers said an EU “legal definition of food fraud” should be created that would underpin future regulatory actions fighting such wrongdoing, which can include deliberate mislabelling and the use of illicit ingredients.…
KEEPING DAIRY SUSTAINABLE AND PROFITABLE ARE INDUSTRY’S BIG TWIN CHALLENGES, SAYS COPA-COGECA HEAD
SHOWING consumers that dairy farming is sustainable, while surviving the less than favourable economic situation which all agriculture faces today, are the industry’s biggest challenges for 2020 and beyond, Pekka Pesonen, secretary general of European farming organisation Copa-Cogeca, has told Dairy Industries International.…
EUROPEAN COMMISSION APPROVES MAJOR LITHIUM ION SUBSIDY SCHEME – BENEFITING MINERS, PROCESSERS, MANUFACTURERS AND RECYCLERS
THE APPROVAL of a EUR3.2 billion set of subsidies by seven European Union (EU) member states could generate a major mineral supply and processing chain to manufacture lithium ion batteries within Europe. A decision announced yesterday (December 9) by the EU executive, the European Commission, loosening its usually tight control of national government support for industry, effectively greenlights a major collaborative project designed to strengthen European battery production.…
EU ROUND UP - EU REFORMS VAT SYSTEM TO SQUEEZE OUT FRAUD, AS LATEST REPORTS INDICATE FIGHT AGAINST FINANCIAL CRIME IS STILL FLAILING
THE EUROPEAN Union (EU) Council of Ministers has reached political agreement on creating a new EU-wide e-commerce VAT transaction database, which EU member states hope will help fight fraud. The move comes as a European Commission report indicates that the EU’s expensive battle against fraud continues to struggle to achieve results.…
ESTONIAN PLASTICS SECTOR INNOVATES AS IT TARGETS OVERSEAS MARKETS
Estonia, long known for developing its high-tech sector, innovation, and environment-friendly businesses, has seen its plastics sector gaining momentum. It has been expanding export sales, not only to neighbouring Nordic and Baltic countries, but as far east as China.
As regards volumes, regarding primary resins and plastics, 11,807.7 tonnes were produced by Estonian manufacturers this January-August (2019), an increase of 132.8% for the same period in the previous year.…
CHINA-US TRADE WAR MAY WORRY MARKETS – BUT NORTH AMERICAN NONWOVENS FUNDAMENTALS ARE STRONG
While the USA-China trade war currently dominates headlines, nonwovens analysts predict it will be a “relatively short-term” issue and not harm north America’s growing nonwovens market in the longer term.
With smart applications and sustainability driving the sector worldwide, the north American nonwovens market looks set to capitalise on these growth areas, aiding recovery from a past 10 years marred by economic weakness and volatile crude oil prices.…
FIFTH ANTI-MONEY LAUNDERING DIRECTIVE AIMS TO PLUG CRITICAL CRYPTO REGULATORY GAPS
THE EUROPEAN Union’s (EU) fourth anti-money laundering directive had not even been implemented before Panama Papers revelations on massive tax evasion highlighted critical gaps in the bloc’s regulatory framework, especially regarding cryptocurrencies and prepaid cards. The result was directive (EU) 2018/843 of May 30, 2018 commonly known as the fifth anti-money laundering directive.…
ASIAN REGULATORY ROUND UP – HONG KONG AND CHINA STRIKE DEAL OVER ACCESS TO AUDIT WORKING PAPERS
A MEMORANDUM of understanding (MoU) has been signed by the Hong Kong Securities and Futures Commission (SFC) with China’s ministry of finance and the China Securities Regulatory Commission (CSRC) boosting SFC access to audit working papers from audits of HK-listed mainland companies.…