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Accountants and their clients within the European Union (EU) have had to avoid trading with an increasing number of sanctioned individuals and companies, especially in Russia, following its invasion of Ukraine. Now, with sanctions evasion being criminalised across the EU under a new proposed law, the risk of exposure to sanctions for EU companies and their accountants and auditors has risen further – both when dealing with actors subverting these measures and when undermining sanctions themselves, of course.…

The effectiveness of cross-border collaboration between national and international law enforcement agencies has been demonstrated by recent raids and arrests in the European Union (EU). The European Public Prosecutor’s Office (EPPO) in February (2024) and Swedish police worked with EU judicial agency Eurojust in February (2024) to breach a large-scale cross-border carousel VAT fraud.…

With universities grappling how best to integrate sustainability concerns into curricula and operations, the League of European Research Universities (LERU) has released a detailed report offering good practice examples from its 24 elite HE members.

A paper ‘How to Enhance Education for Sustainable Development – Trends and Good Practice at LERU Universities’ includes guidance and examples for HE institutions worldwide.…

AMBITIOUS recycling measures in a proposed European Union (EU) packaging and packaging waste regulation (PPWR) are essential to boost packaging waste collection and achieve a true circular economy for packaging, EU can industry experts have told CanTech International.

Indeed, as EU ministers and MEPs negotiate the final legal text of these planned reforms, the CEO of industry association Metal Packaging Europe (MPE), Krassimira Kazashka, said her group wants “EU legislators to provide for stronger recyclability measures and more pragmatic reuse requirements”.…

A group of European Union (EU) member states is pressing for delays in approving lab-grown meat for sale in the EU, calling for a broad debate on a wide range of economic and social impacts. A common note to the EU Council of Ministers has been written by Austria, France and Italy, backed by the Czech Republic, Cyprus, Greece, Hungary, Luxembourg, Lithuania, Malta, Romania and Slovakia.…

The new libertarian Argentine government’s strategy to restore a strangled economy, battling recession and a triple-digit inflation, is expected to boost wool exports from the country, experts have predicted.
The new president, the far-right outsider Javier Milei, was elected in November (2023), promising drastic economic reforms in Latin America’s third-largest economy, which is facing its worst economic crisis in two decades.…

The European University Association (EUA) has been preparing higher education institutions for increased sustainability requirements as governments implement new commitments made at the COP28 UN Climate Change Conference, staged in December in Dubai.

It has been encouraging its 850 members, including 34 national rectors’ conferences, to follow its new EUA ‘Green Deal roadmap for universities’, which outlined policies and actions which can help universities follow a climate-neutral, environmentally sustainable, and socially equitable path.…

The European Union (EU) has banned imports of diamonds from Russia, which amounted to EUR1.3 billion in 2022, because of the country’s ongoing invasion of Ukraine. Most of these precious stones are sold to Belgium, a key diamond trader – under EUR500,000 go to other EU member states, according to the European Commission (1).…

Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…

European Union (EU) member states are failing to comply with the bloc’s 2019 whistleblower protection directive (1) and two – Estonia and Poland – have not implemented the legislation at all, according to a new report (2) from Transparency International. ‘How well do EU countries protect whistleblowers?…