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BY MARK ROWE
IT would be inappropriate to liken such an obviously gentle man as Omara Khan Massoudi, director of the Kabul National Museum in Afghanistan, to Indiana Jones. Yet while he is certainly no swashbuckling Hollywood figure, there is no doubt that his experiences have far exceeded the traditional remit of the museum curator’s job description.…

BY KEITH NUTHALL
A HUGE increase in international compensation for oil spill victims will be made available via a new International Maritime Organisation coordinated fund. National membership will be voluntary, but will probably apply in Europe, as the plan was an EU initiative.…

BY ALAN OSBORN
SIGNIFICANT resistance has been expressed by leading industrial groups to proposed European Union legislation forcing telecommunications utilities to retain significant amounts of detailed electronic customer data for use by law enforcement agencies. Under current regulations, only data for billing purposes and fixing faults must be retained but the EU is reported to be heading towards retention of lists of dialled telephone numbers, logs on the location of active mobile phones, URLs of visited web sites and records of e-mail recipients, on the grounds that this will help in the fight against organised crime.…

BY MARK ROWE
UNESCO has pledged to make greater attempts to bolster Afghanistan’s archaeological sites and historic treasures against decay and the threat of organised international smuggling. A task force of specialists is to set out a budget for developing the Kabul National Museum, preparing proper architectural plans and a timetable for all work to the museum, while progressing wider reconstruction and security work across the country.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its facilities and meet growing demand from domestic and international customers.…

BY KEITH NUTHALL
THE FINANCIAL Action Task Force (FATF), of the OECD (Organisation for Economic Cooperation and Development), has significantly toughened its 40 Recommendations on fighting money laundering that countries must comply with to avoid being blacklisted by the FATF. The changes are particularly significant, given that the OECD body has now teamed up with the World Bank and the International Monetary Fund in its efforts to fight the international flow of dirty money; a blacklisting could henceforth cost erring countries in grants and loans.…

BY ALAN OSBORN
SIGNIFICANT resistance has been expressed by leading industrial groups to proposed European Union legislation forcing telecommunications utilities to retain significant amounts of detailed electronic customer data for use by law enforcement agencies. Under current regulations, only data for billing purposes and fixing faults must be retained but the EU is reported to be heading towards retention of lists of dialled telephone numbers, logs on the location of active mobile phones, URLs of visited web sites and records of e-mail recipients, on the grounds that this will help in the fight against organised crime.…

BY KEITH NUTHALL
PROPOSALS from the European Commission to exploit the oncoming imposition of International Accounting Standards (IAS) on all multi-nationals operating in the European Union (EU) to simplify tax returns have been attacked by the International Chamber of Commerce (ICC).…

BY KEITH NUTHALL
THE FINANCIAL Action Task Force (FATF), of the OECD (Organisation for Economic Cooperation and Development), has significantly toughened its 40 Recommendations on fighting money laundering that countries must comply with to avoid being blacklisted by the FATF. The changes are particularly significant, given that the OECD body has now teamed up with the World Bank and the International Monetary Fund in its efforts to fight the international flow of dirty money; a blacklisting could henceforth cost erring countries in grants and loans.…

BY KEITH NUTHALL
THE EUROPEAN Free Trade Area (EFTA) Court has thrown out a bid by two environmental groups to stop the Norwegian government offering tax privileges to natural gas exploration companies working in the inhospitable Snøhvit field, off the far north coast of Norway.…