Search Results for: International business

BY KEITH NUTHALL
THE EUROPEAN Commission has been awarded official observer status at the Office International des Épizooties (OIE), the world animal health organisation.…

BY KEITH NUTHALL
THE EUROPEAN Commission has generated fears of increased alcohol and tobacco smuggling by proposing the abolition of indicative limits guiding European Union (EU) customs officials deciding whether quantities imported from other EU countries are for personal use. Bolkestein’s proposals would also liberalise the delivery of alcohol (but not tobacco) imports by an intermediary, such as foreign Internet drinks sites, abolishing the rule forcing such businesses to pay excise duty in the destination country.…

Keith Nuthall
THE INTERNATIONAL Chamber of Commerce is assembling a crack anti-fraud team called Fraudnet, tasked with offering advice to victims of commercial deception, money laundering and cybercrime. The chamber’s commercial crime department said it was now identifying and inviting suitable law firms to participate.…

BY KEITH NUTHALL, in Paris
THE WORLD’S premier anti-money laundering operation has released a detailed report detailing how corrupt accountants are increasingly using their expertise to help criminals clean dirty money. The Financial Action Task Force (FATF) of the Organisation for Economic Cooperation and Development (OECD) says that accountants are not only advising criminals on money laundering, but arranging paperwork and even conducting illicit transactions themselves.…

BY MONICA DOBIE, ALAN OSBORN and MARK ROWE
SENDING employees abroad or setting up overseas branches always take some preparation and maybe the most important job is taking care of workers’ health needs. Not only must local employment laws be followed, but companies must ensure that they can manage the alien health risks faced abroad.…

BY KEITH NUTHALL
STATE guarantee organisations should be allowed to pay insolvent company employees more money than required to cover their basic needs, the European Court of Justice (ECJ) has ruled. In a case brought against Italy’s National Social Welfare Institution (INPS), the court also said national laws should not order deductions from guarantee fund handouts where a failed business paid its employees some money while eing wound up.…

BY MONICA DOBIE
AIR Canada has won a court battle giving it preferential use of all 14 covered gates in Toronto Pearson International Airport’s new terminal. The airline complained at Ontario Superior Court that Greater Toronto Airports Authority reneged on a commitment regarding these gates, by forcing it to share claims to eight with Calgary-based WestJet.…

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.…

BY DEIRDRE MASON
RESPONSIBLE Care as a concept has been a touchstone of the paint industry for many years, but it should in the coming months prove its worth in the UK and continental Europe. As is often the case with environmental legislation impacting on the paint and coatings industry, an important driver is the European Union (EU), which has approved a raft of directives that come into effect either this year or shortly afterwards.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has written the International Maritime Organisation’s (IMO) shipping and port security code into EU law, approving a final draft of legislation agreed by the European Parliament. The agreement of the implementation legislation comes three months ahead of the July 1 deadline for putting the code into affect.…