Search Results for: Netherlands

As Syria enters its 10th year of civil conflict, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the USA has introduced new secondary sanctions. Illicit crime and sanctions busting abounds.

In May (2020), the USA issued further guidance on Syria, while the European Union (EU) extended its sanctions on Syria for a further year, to 1 June 2021.…

CONSTRUCTION projects likely to generate major purchases of paints and coatings are likely to be a focus of a new ‘Next Generation EU’ budget commanding EUR750 billion between 2021 and 2024, financed by borrowing through bond issues against European Union (EU) direct revenues from sources such as import duties.…

ENVIRONMENTAL regulators in Germany, the Netherlands, Norway, Sweden and Denmark have requested information about the use of per- and polyfluoroalkyl substances (PFAS), including as textile waterproofing agents, as they develop a joint proposal to restrict their use in the European Union (EU), which would be authorised through REACH chemical control system.…

The European Commission has launched a series of infringement procedures for shortcomings in national legislation implementing the European Union’s (EU) fourth and fifth anti-money laundering directives (4AMLD and 5AMLD), including one against Britain, even though it left the bloc on January 31 (but remains subject to EU law during a transitional period to December 31. …

AS online food sales boom to aid self-isolation during the Covid-19 outbreak, the risks of counterfeiting and piracy within the food and drink sectors will become more evident. This comes as regulators are mulling tougher action to fight this commercial crime.…

WITH Britain having finally bowed out from the European Union (EU) on January 31, Ireland has lost its allied English-speaking Atlantic-oriented member state, with which it has fought battles within the EU Council of Ministers against proposals for greater harmonisation of EU tax rules.…

While new financial technologies and associated developments in machine learning and artificial intelligence offer AML/CFT solutions, anti-money laundering specialists are concerned about new risks being posed by new business and industrial innovations.

Banks are starting to adopt AI-based machine learning, but terrorists and criminals can use technology too: “It is really an AI arms race in financial crime”, said Kamer Yüksel, chief data scientist for Munich-based artificial intelligence start-up hawk:AI’s and author of more than 35 publications on AI.…

In principle, the technology of osmotic power, known widely as ‘blue energy’, has a lot going for it: unlike wind or sunlight, its electricity generating technique of mixing freshwater and saltwater at the mouths of estuaries is constant, with electrically charged salt ions moving from salty seawater to fresh river water.…

South-east Asia is not known for a tradition of eating dairy products, but actually consumers in the region’s most populous country Indonesia (population 270 million people) have been eating cheese for more than a century (partly thanks Indonesia’s historic links with the Netherlands) and the country has a thriving domestic dairy industry.…

Digital printing is still a relatively new concept to Poland’s traditional fabric finishing sector – but national pride in the country’s well-established textile sector is sparking a desire to modernise so it can maintain its competitive edge. Much of the resulting investment has been focused on local and independent textile printers located throughout the country – but a significant number of these are based in Łódz, central Poland, a key textile manufacturing hub, with the port-town of Gdynia also being home to upgraded finishing plants.…