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A PUBLIC inquiry in British Columbia, Canada, has increased concerns about how auto dealers maybe exploited by criminal networks to launder dirty money. Purchasers can be prepared to pay high prices for vehicles in cash, with dealers struggling to identify the source of these funds.…

THE WIDE diversity of AML laws worldwide can complicate the enforcement of AML/CFT extradition proceedings.

Financial Action Task Force (FATF) recommendations 37 and 39 say that governments should be prepared to extradite money launderers (and terrorist financiers) to another country if they both criminalise the underlying predicate offence.…

PEACE appears to be breaking out between the European Union (EU) and the UK on one side the USA over an aircraft subsidy-prompted trade war that had led to billions of dollars of duties being levied on food and drink exported between these countries.…

UK universities are turning a blind eye to Nigerian political elites laundering dirty money through their fees, according to a paper published by the Carnegie Endowment for International Peace from West Africa expert and non-resident scholar, Matthew Page. Commissioned by the British High Commissioner to Nigeria, Catriona Laing, ‘West African Elites’ Spending on UK Schools and Universities: A Closer Look’ (1), flags up the “unexplained wealth” used by Nigerian politicians and public officials to pay British university and boarding school fees.…

INTRODUCTION

Accounting software is crucial for any company wanting to expand on a sustainable basis, adding diversity in supply and customer relationships as they grow. The clothing and textile industry is particularly complex regarding its inputs and outputs. Production is also complex when manufacturers handle spinning, weaving, cutting and finishing.…

With global markets and daily consumer habits being disrupted for almost a year due to the ongoing global Covid-19 pandemic, some oils and fats sales have grown – and a key example is soybean oil. This is true worldwide, from North and South America, to Africa, Asia, and Europe.…

SINGLE use plastics bans being brought in across the world may not cover all nonwovens products, but they certainly are having an impact on the industry as it parses often complex rules coming into force.

A key piece of legislation is the European Union’s (EU) so-called ‘single use plastics directive’ (1) which has deadlines passing in 2021.…

In 2021, when the UK has thrown away its most precious diplomatic asset, its membership of the European Union, for dubious democratic gains, burning major European civil rights enjoyed by Britons and causing likely economic long-term damage, it is maybe time to recall when Britain followed more enlightened international policies.…

In 2021, when the UK has thrown away its most precious diplomatic asset, its membership of the European Union, for dubious democratic gains, burning major European civil rights enjoyed by Britons and causing likely economic long-term damage, it is maybe time to recall when Britain followed more enlightened international policies.…

The president of the United States Fashion Industry Association (USFIA) has warned that the military takeover in Myanmar could spark a significant shift in sourcing away from this south-east Asian country if democracy is not restored promptly. Julia Hughes told just-style: “If there is not a quick resolution, then yes we would expect a major shift to other Asian suppliers.”…