Search Results for: Climate change

As anti-money laundering (AML) regulations become more complex and demanding, compliance technology and software providers are updating their solutions to screen more data, more efficiently, and present the results in a comprehensible way. Companies have been honing products to help clients switch to their software, dealing with problems such as incorporating old data from a legacy system; moving such data efficiently and accurately; and minimising errors by staff unused to the system.…

Trade–based money laundering (TBML) must be one of the oldest – and in some respects the simplest – forms of money laundering. You simply fake the invoice of a shipment so that the receiver of the goods gets something far more valuable (or possibly far less valuable, so that the ‘profit’ is made by the sender) than the price reported to the authorities.…

The European non-ferrous metals industry has welcomed the composition and the general policy thrust of the new European Commission team unveiled by incoming president Jean-Claude Juncker yesterday (Wednesday) but believes that the new team could face difficulties in confirmation hearings.

What happened?…

The European Union (EU) must continue awarding free allowances for carbon emissions to energy-intensive industries such as the non-ferrous metals sector, the EU’s energy and climate commissioner-designate Miguel Arias Cañete has said.

Speaking during his confirmation hearing in the European Parliament in Brussels yesterday (October 1), he said that free allowances should be given to efficient industry players through the EU’s Emissions Trading System (ETS) to avoid pushing manufacturing out of Europe to jurisdictions with weaker climate controls.…

Indonesia’s upstream textile industry is turning to onsite combined heat and power (CHP) on the back of double digit electricity price hikes this year, according to an industry insider. Nils Hansen, sales director for Jakarta-based Navigat Energy, which supplies gas turbine engines in Indonesia, CHP is becoming an increasingly attractive option as the country’s textile manufacturers seek to avoid spiralling energy bills.…

UTILITY executives will have been carefully analysing the unveiling on Wednesday (September 10) of a new European Commission team to take office from November 1. As well as new personnel, a key initial move with potentially important implications for European Union (EU) energy policy was the uniting of the current energy and climate portfolios.…

THE PLANNED Transatlantic Trade and Investment Partnership (TTIP) between the European Union (EU) and United States is raising concerns about democracy in the EU, but should ease sales of plastic medical devices across the Atlantic, a Philips executive told a Brussels conference on Friday.…

BRITAIN might not be reliant on Russian gas to keep warm, but British utilities are only too well aware that if Moscow turns off the taps this winter, there will be significantly increased demand for alternative gas supplies.

As a result, utility executives will have been keeping a close eye on talks in Berlin this weekend, where the European Union’s (EU) energy commissioner Günther Oettinger has been trying to broker a deal with Russia and Ukraine to head off a supply freeze.…

THE END of European Union (EU) deliberations over whether to label Canadian oil sands as more polluting than conventional oil sources helped the EU and Canada agree a Strategic Partnership Agreement (SPA), including energy policy, the Petroleum Review has been told.…

AS TECHNOLOGICAL security features in cosmetics and personal care products packaging become increasingly sophisticated and harder to beat, they will offer more intelligent and multi-functional security. From authentication, to tracking and tracing products during distribution, and preventing and detecting tampering, these systems help brands access their global distribution network, ensuring products move smoothly from production to consumer.…