Search Results for: Dutch

BY MARK WILSON
AWASH with recently-passed legislation and newly-established Financial Investigation Units, the small nations of the Caribbean have transformed their money laundering controls since the mid-1990s. In 2000, five Caribbean island jurisdictions made up one-third of the Financial Action Task Force (FATF) list of fifteen non-cooperative countries and territories, each of them with ‘serious systemic problems,’ in the words of a FATF review published on June 22 of that year.…

Keith Nuthall
EUROPEAN Union (EU) internal market Commissioner Frits Bolkestein has admitted that the proposed directive on reforming Europe’s audit oversight rules were tailored to dovetail with American regulations, as amended by the sometimes controversial Sarbanes Oxley Act.

Speaking at a Brussels power breakfast with the US Public Company Accounting Oversight Board (PCAOB) chairman Bill McDonough, the Dutch commissioner said in framing the EU reforms, his officials had reacted to Sarbanes Oxley, in a “constructive, cooperative way forward, jointly, respecting to the maximum degree possible our different legal traditions and cultures”.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has approved a three-year supplementary research programme at the EU’s joint research centre high flux reactor, at Petten, the Netherlands. Funded largely by the Dutch government, the Euro 30.6 million studies should improve reactor safety, waste management and develop nuclear fuel unable to be transformed into weapon grade plutonium.…

BY KEITH NUTHALL
GRANTS worth Euro 1.35 million have been awarded by the Dutch government to fund two new research centres carrying out multidisciplinary studies into the prevention, management and treatment of infectious diseases in the Netherlands and developing countries. The centres will be virtual institutions, recruiting researchers from around the country.…

BY KEITH NUTHALL
THE EUROPEAN Commission is investigating a proposed deal effectively allying the European Union’s (EU) two companies enriching uranium for the nuclear industry. Brussels fears the purchase by France’s Areva of a 50 per cent stake in the Enrichment Technology Company from German-Dutch-British Urenco could cut competition and raise nuclear fuel prices, given enrichment represents about 35 per cent of fuel production costs and seven per cent for nuclear electricity generally.…

BY KEITH NUTHALL
A DUTCH poultry company has created an important legal precedent forcing national authorities in the European Union (EU) to reconsider administrative decisions if they are subsequently shown to break EU law. Kühne & Heitz had gone to court to secure contested export refunds from the Netherlands Commodity Board for Poultry and Eggs.…

BY KEITH NUTHALL
THE NETHERLANDS has restricted to 22,000 the number of working migrants it will accept from the 10 eastern and southern European countries joining the European Union (EU) this May. The announcement is the latest in a string of such caps imposed by existing EU Member States, (made by Austria, Belgium, France, Germany and Spain), ahead of the expansion of the union.…

BY JONATHAN THOMSON
A UNIQUE new ’emergency alert’ system has been made available following a successful trial at Europe’s fourth largest airport Schiphol, in Amsterdam.

Dutch software company Netpresenter, said its ‘Emergency Alert Server’ system was designed to override PCs and other visual displays to provide critical emergency messages and information.…

BY KEITH NUTHALL
THE EUROPEAN Commission has performed a U-turn and has asked European Union (EU) ministers to extend for two years a pilot scheme allowing the Belgian, Dutch and Luxembourg governments to continue levying reduced VAT rates (of six per cent) on small cycle repair services.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice (ECJ) has ruled that any national ban on the Internet sale of non-prescription medicines would break European Union freedom of business laws. It has intervened in a bid by German pharmacies association Deutsche Apothekerverband to stop the operation of Dutch pharmacy DocMorris, which from June 2000 has sold medicines on the web to customers in Germany and the Netherlands.…