Search Results for: Russia
10 results out of 1785 results found for 'Russia'.
EUROPEAN DAIRY SECTOR ENCOURAGED BY RUSSIA LOOSENING IMPORT BAN TO COPE WITH COVID-19
Moscow’s action on 90% demineralized whey powder followed up an announcement made in March 19 by Prime Minister Mikhail Mishustin that from March 20 “for one month, all restrictions on the supply of essential goods, including customs, are cancelled”. This was followed up by a government plan allowing for the easing of sanctions-related restrictions – see http://static.government.ru/media/files/vBHd4YRxpULCaUNNTFLVpPSZbMCIA2Zq.pdf…
USA INDICTMENT DETAILS COMPLEX WEB OF DECEPTION FUNELLING MONEY INTO NORTH KOREA’S NUCLEAR WEAPONS PROGRAMME
COURT documents unsealed yesterday (May 28) containing indictments by a grand jury for the US District of Columbia district court detail an international web of financial deception laundering more than USD2.5 billion towards North Korea, including payments specifically earmarked for the country’s nuclear weapons programme.…
EU AND WTO REGULATORY ROUND UP - EU SPENDS TO HELP FOOD AND DRINK MANUFACTURERS WEATHER COVID-19 CRISIS
THE EUROPEAN Commission has unveiled measures to help food and drink manufacturers and their suppliers cope with the Covid-19 crisis. It has, for instance announced that dairy (skimmed milk powder, butter and cheese), and meat (beef, sheep and goat meat) producers will be paid ‘private storage aid’ to warehouse such products for between two and six months to reduce current excessive supplies.…
UNMASKING THE DARK WEB – EASY TO ACCESS; TOUGH TO NEGOTIATE RISK; AND A HONEY PIT FOR FRAUD INVESTIGATORS
WANT to check the dark web for illicit services? Search engines accessible from the public web offer links to the dark web. One example is Finland-based Ahmia (https://ahmia.fi/), which yields interesting results from searches such as https://ahmia.fi/search/?q=hacking. A more recent variant that has attracted attention from the IT security press is Kilos – http://dnmugu4755642434.onion…
ITALIAN FOOD MANUFACTURERS FEAR FALL IN DEMAND AFTTER CURRENT COVID-19 CRISIS RETAIL SPIKE ENDS
The president of Italian food industry association Federalimentare has told of his concern about the medium- to long-term effects of the drop in demand for Made in Italy foods caused by Covid-19 epidemic affecting the country.
Ivano Vacondio said that the current spike in domestic food demand is “atypical and fleeting”, noting that hoarding by Italian consumers has, until now, camouflaged problems that will soon emerge, he said in statements sent to just-food.…
RUSSIAN FOOD MANUFACTURERS MAINTAIN OPERATIONS DURING PANDEMIC, BUT BRACE FOR CHALLENGES AHEAD
The coronavirus pandemic, which is yet to hit its peak in Russia, has put increasing pressure on the country’s food manufacturers by increasing health and safety operational costs and a related decline in the value of the rouble. Major food manufacturers continue to operate at full capacity despite President Vladimir Putin announcing a nationwide lockdown, telling Russians to remain at home on April 2, an order that currently expires on May 11.…
TRADE DATA ANALYSIS INDICATES WIDE SCOPE FOR TRADE-BASED MONEY LAUNDERING MAY INVOLVE THE SHIFT OF BILLIONS OF DOLLARS IN VALUE
GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…
SERBIA'S MAKES INCONSISTENT PROGRESS IN ANTI-MONEY LAUNDERING AFTER COMING OFF FATF'S GREY LIST
DURING the Yugoslav wars and their aftermath, the government of Serbia President Slobodan Milošević, and his family, were accused of laundering millions of dollars from Serbia, notably to Cyprus – see https://www.tax-news.com/news/Cyprus_Traces_Two_Accounts_Linked_To_Milosevics_Alleged_Money_Laundering_Activities____3063.html. Today, 20 years after the fall from power of the man held responsible for whipping up the nationalism that broke up Yugoslavia, Serbia’s AML/CFT affairs are more prosaic.…
TOP 10 MONEY LAUNDERING CASES
- 1MDB SCANDAL IN MALAYSIA SEES USD BILLIONS STOLEN AND HIDDEN
Malaysia 1MDB scandal is one of the largest money laundering cases ever, worldwide, with Malaysian courts considering charges over how at least USD4.5 billion was stolen and then spent or laundered from Malaysian sovereign wealth fund 1Malaysia Development Berhad by former Prime Minister Najib Razak and his associates.…
EUROMONITOR INTERNATIONAL SAYS NICOTINE CONSUMPTION IS FALLING
Nicotine consumption is declining worldwide, with smokers are consuming less, as well as e-cigarette and heated tobacco users, according to market research provider Euromonitor International’s ‘Nicotine Survey, Exploring the Modern Nicotine Landscape’.
“Overall [the study] shows nicotine prevalence is declining not growing, and it is clear to see there isn’t much evidence that greater availability of nicotine formats is increasing smoking prevalence among adults,” said Shane MacGuill, head of tobacco research at Euromonitor International, in a webinar attended by TJI.…