Search Results for: Belgium

In 2015, North America’s manufacturing capacity for nonwovens (regarding the United States, Canada and Mexico) grew from 2014 by 2.4% to reach about 2.77 million tonnes, according to a spokesperson for the US-based Association of the Nonwoven Fabrics Industry (INDA). The United States dominates supplies in the region, making up 91% of capacity.…

THE EUROPEAN Commission has announced that it will propose a ‘services passport’ system by December 31, designed to simplify administrative procedures for service providers, such as accountants, auditors and bookkeepers, who want to expand to foreign member states. EU internal market, industry, entrepreneurship and SMEs Commissioner Elżbieta Bieńkowska said: “The cross-border provision of services in the EU is underdeveloped, in particular in the area of business services – such as accounting…” The passport system would give accountants more information, boosting legal certainty and clarity about relevant professional rules in another member state.…

AS accountants, auditors and their business clients consider whether the UK should remain in or leave the European Union (EU) in the upcoming referendum on British EU membership, it has become abundantly clear that there are no simple options.

Remaining in the EU will mean the UK will continue to face demands for accepting European taxation policies that its government and businesses may find unpalatable, especially as it seeks to cement the City of London’s place as Europe’s, if not the world’s, premier financial centre.…

Fraud is a fact of today’s ever more complex and increasingly online life – with financial fraud especially on the increase, the Association of Certified Fraud Examiners (ACFE) has made clear at its March 21-22 European Fraud Conference, in Brussels. Speakers highlighted that a typical organisation loses 5% of its annual revenues to fraud – a global loss of nearly USD3.7 trillion.…

THE EUROPEAN Commission has once again gold plated the BEPS (base erosion and profit shifting) proposals developed by the Organisation for Economic Cooperation & Development (OECD), releasing country-by-country financial reporting proposals that go beyond the global think-tank’s ambitions.

Tabled for consideration by the European Union (EU) Council of Ministers and the European Parliament on April 12, in the wake of the Panama Papers scandal, the Commission’s proposals not only insist that all large multinationals publicly reveal aggregated earnings data for each EU country they operate in, and how much the earn outside the EU.…

The worldwide market for smart fabrics is projected to be USD2.2 billion in 2016 and is growing at an 18% clip annually, according to topline numbers presented by the Industrial Fabrics Association International (IFAI), at the Smart Fabrics Summit held in Washington DC on April 11.…

A COST of maintaining nuclear generation capacity of between 95 GWe and 105GWe in the European Union (EU) until 2050 and beyond will cost between EUR350 and EUR450 billion over the next 35 years, the European Commission has concluded. (That is between USD398 billion and USD511 billion at current exchange rates).…

The attack at Brussels Zaventem airport will spark new discussions on the security of landside facilities at European airports as the European Union rolls out reforms from its European Agenda on Security Strategy (EASS).

It was launched last April (2015), and was the latest in a series of security policy developments undertaken by the EU since the September 11 attacks on the USA.…

THE EUROPEAN Commission has threatened European Court of Justice (ECJ) legal action against Belgium and Poland over claims they have broken the European Union (EU) airport charges directive (2009/12/EC). The Commission says Belgium has failed to establish an independent supervisory authority to settle charge disputes between airports and airlines, as required by the law.…

The Organisation for Economic Cooperation & Development (OECD) working group on bribery has criticised three European Union (EU) member states for their “limited efforts” to comply with the OECD Anti-Bribery Convention. It is also concerned about their weak response to the working group’s recommendations for improvements made to Belgium in 2013, Finland 2010 and Slovenia 2014. …