Search Results for: Climate change

BY KEITH NUTHALL
THE BRITISH Coatings Federation (BCF) has called on November’s plenary session of the European Parliament to reverse changes proposed this week to the European Union’s (EU) chemical control system REACH, making life tougher for the printing industry. Moria McMillan, Chief Executive Officer, joined other EU business leaders in branding amendments passed by the EP environment committee as a “reversal of commonsense”.…

BY ALAN OSBORN
STANDFIRST

AMERICA’S post 9/11 AML legislation does not only affect the formal banking sector, it controls other savings and investment institutions too, and in different ways. Alan Osborn reports.

MUTUAL FUNDS

ALTHOUGH there have been some complaints, by and large America’s mutual funds have accepted with reasonable grace the anti money laundering legislation brought in by the US government since the September 11 attacks.…

BY ALAN OSBORN
THE CLEAR message from the first meeting of the Sustainable Energy Forum in Amsterdam last month (October) was that the higher the price of fossil fuels then the greater the need for national governments to support the introduction of renewable energy sources through subsidies, tax breaks, technical assistance and the like.…

BY KEITH NUTHALL
THE KYOTO Protocol Intergovernmental Panel on Climate Change (IPCC) has concluded that capturing and storing carbon dioxide produced by power plants before it enters the atmosphere could minimise climate change. It said capture and storage of CO2 underground could generate up to 55% of all emission reductions needed this century for stabilising greenhouse gas.…

BY KEITH NUTHALL
THE EUROPEAN Commission is planning to rewrite the European Union’s (EU) environmental health law book, in a comprehensive effort to simplify existing EU legislation across the board. Aiming to ease the impact of often complex and baffling regulations on European local government and industry, Brussels has embarked on a three-year programme to scrap obsolete legislation, rewrite over-complex laws and combine overlapping directives and regulations.…

BY MARK ROWE
WEATHER forecasters have always come in for criticism but the reality is that forecasting has evolved somewhat beyond the reliance of medieval truisms such as rain on St Swithun’s Day meant 40 more days of showers. And not only are today’s forecasts are more reliable than ever, with meteorologists providing long-term predictions of wet weather, heat waves and other extreme events, of incalculable value to energy and water utilities with half an eye on demand, but Britain’s Meteorological (Met) Office has taken its services one step further.…

BY ALAN OSBORN
A REPORT issued this summer by the world’s top anti money laundering body, the Paris-based Financial Action Task Force (FATF), has highlighted the peculiarities of the insurance industry as a vehicle for money laundering. The FATF’s “Money Laundering and Terrorist Financing Typologies 2004-5” analysed 94 reported cases of money laundering involving the insurance industry between 1999 and 2003.…

BY KEITH NUTHALL
ATTEMPTS to change a ruling in the long-running WTO dispute over EU customs classification of frozen boneless chicken cuts have largely failed. Notably, Brazil and Thailand did not persuade the WTO appellate body to rule cuts with 1.2% or more salt content be classified ‘salted’, rather than ‘frozen’, (attracting higher duty), not just 1.2%-3% content cuts.…

BY KEITH NUTHALL
THE EUROPEAN Commission has called on European Union (EU) countries to further liberalise their professions, including accountancy, although a detailed report praises Britain for its reforms. The UK “is making good progress” across the board in fighting restrictive practices regarding profession entry, fees and advertising, along with Denmark and the Netherlands, said Brussels.…

BY KEITH NUTHALL
THE FIGHT against international money laundering may need resources and determination, but what it most needs is intelligence. The Financial Action Task Force (FATF) knows this well, spreading the word about new threats. Keith Nuthall reports.

LIKE every international organisation, it seems, FATF is fond of acronyms and jargon.…