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Search Results for: Climate change

10 results out of 4041 results found for 'Climate change'.

BRAZIL’S STEPS TO IMPROVE ITS AML/CFT

Brazil is trying to improve its Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) system with stronger penalties and more supervision, but some gaps remain.

Brazil, which is among the countries with the highest alerts (1.36 million in 2023) for financial crimes involving shell companies, as per the Moody’s Shell Company Indicator quoted by CNN (1), “has made important strides to improve” its  Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) system and “is achieving some positive results”, but still “needs to strengthen cooperation and coordination between certain authorities and improve prosecution”, warned the Financial Action Task Force (FATF) in 2023 (2).…

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Chinese Yuan. Photos Credit: Mussi Katz

CHINA CRACKING DOWN ON WEAK AUDITING OF ACCOUNTING CRIME

Major companies in China are under tightening scrutiny for accounting fraud, with major audit firms facing punishing penalties for turning blind eyes. Keith Nuthall, Jens Kastner and Sara Lewis report. 

The Chinese auditing unit of accounting giant PwC has been fined a record Chinese Yuan Renminbi CNY441 million (USD62.7 million) and banned from auditing in mainland China for six months after a regulator concluded it had “covered up and even condoned” fraud.

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Photo Credit: EU-Austritt_(47521165961) - https://www.flickr.com/photos/foto_db/47521165961/

CHEMICAL REGULATION DILEMMA FOR NEW UK GOVERNMENT

The election of a new Labour government in the UK comes at a critical time for chemical regulation in Great Britain (GB) – and hence textile-finishing materials. Public consultation is currently underway on potential changes to how GB (not Northern Ireland) regulates its chemical industry and market.  

When the UK left the European Union (EU) on 1 January 2021, it also left the EU’s comprehensive REACH chemical control system, which was formally replaced by a UK REACH system. This mirrored EU REACH, grandfathering existing registrations and restrictions to the national system, although GB companies lost access to EU databases run by the European Chemicals Agency (ECHA).…

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ASIAN PAINT REGULATORY ROUND UP – CHINA CRITICISES EUROPEAN TITANIUM DIOXIDE ANTI-DUMPING DUTY

The China National Coatings Industry Association has complained that a European Union (EU) anti-dumping investigation into Chinese exports of titanium dioxide have sparked anti-dumping tariff rates far higher than expected. The provisional anti-dumping rates announced by the European Commission in July were 39.7% for the Longbai Group, 14.4% for Anhui Jinxing Titanium Dioxide Group, 35% for other responding companies, and 39.7% for other non-responding companies.

The China Coatings Industry Association warned that if this tax rate is implemented, it will seriously affect the exports of Chinese titanium dioxide companies and the future development of the industry. 
 
*The Indonesian Paint Manufacturers Association (APCI – Asosiasi Produsen Cat di Indonesia) has worked with the government to launch a high school programme, promoting and explaining paint technology.  
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LAVA JATO PUSHES MONEY LAUNDERERS TO ADOPT MORE SOPHISTICATED WAYS TO HIDE DIRTY CASH IN BRAZIL 

A senior lawyer in Brazil who has defended criminals accused of money laundering has said how the Lava Jato cases, which highlighted massive public corruption, have pushed launderers towards using crypto-currency to hide dirty money.

But even though the Lava Jato task force was officially disbanded in 2021, Pierpaolo Bottini, partner at São Paulo-based Bottini & Tamasauskas Advogados, and a former director of the Economic Criminal Law of the Brazilian Institute of Criminal Sciences, said this abuse of crypto has been highlighted in cases he is defending. …

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CANADIAN GOVERNENT CONFIRMS 2035 ZERO EMISSION VEHICLE DEADLINE, BUT INDUSTRY IS SKEPTICAL



The Canadian auto industry has reacted with skepticism to the launch of final zero emission vehicle (ZEV) sales mandates released by its federal government today (Tuesday Dec 20), warning it needed to do more to pump prime demand, especially for electric vehicles (EV) (1).…

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UNESCO-BACKED DEBATE AT COP-28 TOLD UNIVERSITIES SHOULD PURSUE CLEAR AND TARGETED SUSTAINABILITY POLICIES



Practical programmes and strategies that enable universities and colleges to drive forward sustainable practices and knowledge to fight and manage climate change are increasingly needed, a UNESCO-sponsored workshop heard this week in Dubai.

Staged on Wednesday (December 6) as the United Arab Emirates hosts the COP28 conference of the United Nations Framework Convention on Climate Change (UNFCCC) this month, HE experts stressed such work needs to extend to less economically developed countries.…

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EUA ROAD MAP OFFERS GUIDANCE FOR CAMPUS SUSTAINABILITY CHANGES THAT MIGHT INSPIRE UNIVERSITIES WORLDWIDE



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.…

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TÜRKIYE'S FOOD AND DRINK TRADE WITH THE UK AND EU



Türkiye is a critical food and drink provider to the European Union (EU) and the UK, with trade set to grow as Türkiye ramps up production and adopts agri-tech and smart farming solutions. Renewed trade agreements under discussion with the EU (with whom Turkey is already in a customs union) (1) and a new projected trade agreement with the UK are also set to spur growth.…

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CAMEROON PUSHES AHEAD WITH MAJOR 420MW HYDRO PROJECT – DIVERSIFYING IMPORTANT AFRICAN POWER MARKET



In most urbanised industrialised economies, the current focus on renewable energy growth is on wind and solar. Lacking untapped river resources, major hydro-electric projects are rare. However, in larger and more rural countries, especially those still industrialising, large-scale hydro is still an option.…

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