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Search Results for: Austria

10 results out of 829 results found for 'Austria'.

PUBLIC DIGITAL CURRENCIES OFFER OPPORTUNITY TO SNOOP ON MONEY LAUNDERERS – BUT PRIVACY CONCERNS MOUNT



The European Union (EU) is edging towards a digital Euro, one of several jurisdictions worldwide developing a central bank digital currency (CBDC), but what anti-money laundering controls would need to be built into the system and how can this be balanced with data protection and privacy considerations?…

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EU’S GROUNDBREAKING WOMEN ON BOARDS DIRECTIVE COULD SMASH GLASS CEILING



The European Union’s (EU) new ‘Women on Boards’ directive (1) is designed to force change in the EU’s director cohort by requiring that the ‘under-represented sex’ (which could be male on rare female-dominated boards) make up 40% of non-executive directors or 33% of all major company directors.…

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KEY BENEFITS OF AUTOMATION AND ROBOTICS FOR TEXTILES AND CLOTHING



 

A key question in any industry is to what extent robotics will be able to replace the human hand. This issue is especially pertinent for textiles and clothing – where sensor-based automation increasingly carries out human tasks such as assessing the feel of textiles and quality control.…

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ATHLEISURE AND PEFORMANCE GEAR CONSUMERS DRIVE SUSTAINABILITY DEMAND, AHEAD OF REGULATION



Consumers of athleisure and performance gear will drive demand for sustainability in this segment, before requirement in materials and industrial processes are mandated by regulations, textile industry observers have indicated. As a result, existing brands have been warned by market experts to focus on product development, facing competition from newcomers keen to capitalise on increases sales for this segment witnessed during the Covid-19 pandemic. …

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CHINA NONWOVENS SECTOR DIGITISES PRODUCTION, BUT UNEVENLY, SAY EXPERTS



China’s nonwovens industry is preparing for ongoing long-term growth, bolstered by increasing demand for nonwovens globally and inspired by the drive for digitisation within the country, to improve manufacturing productivity and efficiency. With support from national government policy and initiatives to boost digitisation in nonwovens manufacturing, industry majors and small-and-medium-sized business owners alike are pursuing greater use of industry 4.0 tech, noted the Europe-China Eco Cities Link Project, a project backed by the European Union (EU) and the Chinese government [1].…

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EU COUNTRIES LAGGING ON BUILDING PUBLIC UBO REGISTERS



European Union (EU) member states are lagging in compliance with a requirement in the fifth anti-money laundering directive (5 AMLD) (1) to create public ultimate beneficial ownership (UBO) registers by January 10, 2020. A European Commission webpage (2) on 5AMLD compliance last updated June 2 (2022) shows 12 governments are facing infringement proceedings either because they have not adopted legislation writing the directive fully into national law or because they have implemented it incorrectly.…

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EU UBO REGISTER IMPLEMENTATION TABLE



 

PUBLIC UBO REGISTERS IN THE EU MEMBER STATES

 

 

 

 

 

EU member state

Public UBO Register Y/N

Name and link

Access

Fees

Infringement proceedings* Y/N

Austria

Y

 Austria Register of Beneficial Owners

Registration

EUR3 per statement paid in advance using Mastercard, Visa or EPS online payments

Y

Belgium

Y

Belgium UBO Register

Digital Registration

Only nationals and EU citizen

EUR1.50 per request

N

Bulgaria

Y

Bulgaria Commercial Register

Open and available in English as well as Bulgarian

No

N

Croatia

Y

Registry of beneficial owners

Registration

Only nationals and EU citizen

No

N

Cyprus

Not really – Since June 1, 2022 possible to submit written application for information but no direct public access

 

Register of Beneficial Owners

Written application including  name and registration number of the company for emailed response

EUR3.50

 

N

Czech Republic

N

N/A

N/A

N/A

Y

Denmark

Y

Denmark Central Business Register (Centrale Virksomhedsregister [CVR])

Public

No

Y

Estonia

Y

Central Commercial Register

Public

EUR1

Y

Finland

N

N/A

Journalists, but not general public

EUR7 per statement & EUR12 delivery and invoice costs.

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UN PLASTICS TREATY PUSHES DAIRY SECTOR TOWARDS MORE PLASTIC RECYCLING



The United Nations Environment Assembly’s (UNEA) planned global pact on plastic may act as a further disruptor and consolidator of efforts to address plastic packaging in the dairy industry. The legally binding agreement, which UN member states agreed would be concluded by 2024, according to a March 2022 announcement, aims to facilitate an end to plastic pollution by addressing the lifecycle of plastic, from design and production to disposal.…

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TUNISIAN FOREIGN STUDENTS FORCED FROM UKRAINE BY RUSSIAN VIOLENCE STRUGGLE TO COMPLETE COURSES AT HOME AND ABROAD



Tunisian students who fled Ukrainian universities following the invasion of Ukraine by Russia have found themselves in academic limbo, struggling to receive recognition for their completed studies, at home or in other countries.

When Russian tanks and missiles violated Ukraine sovereignty, Tunisian news media was filled with patriotic images of Tunisia’s President Kais Saied ordering an airbridge rescue mission, followed by sentimental images of students arriving back in Tunis, cradling beloved pet cats as parents rushed to hug their children.…

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SOLAR POWER COATING INNOVATION DRIVES SALES IN THIS IMPORTANT NICHE MARKET



Cooperation with the paint and coatings sector is enabling innovators within the solar power technology industry to deliver on its promise to be a key means to decarbonise the global economy. Offering a key alternative to dealing with surging fossil fuel energy prices amidst Russia’s bloody and destructive invasion of Ukraine, paint and coatings companies are increasingly optimising solar generation.…

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