Search Results for: Colombia

BY RACHEL JONES, in Caracas

A NUMBER of factors have contributed to a booming Latin American market in soap, perfume and cosmetics – most importantly, regional economic growth and a healthy overall GDP. Hair care is the region’s biggest seller, but an increase in life expectancy has created a growing demand for skin care products, especially those related to anti-aging and sun protection.…

BY KEITH NUTHALL

THE INTERNATIONAL Finance Corporation of the World Bank has signed a US$40 million expansion package with British Virgin Islands controlled Kappa Energy Colombia Ltd. Kappa focuses on the Abanico oil field, Magdalena Valley and the Cerrito gas field, near Cucuta.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank has signed a US$40 million expansion package with British Virgin Islands controlled Kappa Energy Colombia Ltd. Kappa focuses on the Abanico oil field, Magdalena Valley and the Cerrito gas field, near Cucuta.…

BY MARK ROWE
CLIMATE change, the general scientific consensus now holds, is taking place, and will continue to do so even were we to stop our fossil fuel emissions overnight. And while there may be jests to the effect that hotter summers would be good news for drinks manufacturers, the reality is that the drinks sector faces as many challenges as any other industry, both in terms of ingredient and energy supplies, production adjustments and related commercial issues.…

BY LIZ HALL

SIX years ago, government representatives from nine South American countries gathered in Cartagena de Indias, Colombia, to sign a document of great importance to those concerned with fighting money-laundering (ML) and terrorism financing (TF).

On December 8, 2000, representatives of the governments of the following countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay, signed the Founding Memorandum of Understanding (MOU) formally establishing GAFISUD, a regional body modelled on the Financial Action Task Force (FATF).…

BY ALAN OSBORN

IN line with the growing recognition in the 1980s of anti-money laundering campaigns as a weapon against terrorism and increased knowledge global drug supply routes, (implicating a number of Latin American countries), governments of the western hemisphere concluded that greater formal co-operation was necessary in fighting dirty money.…

BY ALAN OSBORN

IN line with the growing recognition in the 1980s of anti-money laundering campaigns as a weapon against terrorism and increased knowledge global drug supply routes, (implicating a number of Latin American countries), governments of the western hemisphere concluded that greater formal co-operation was necessary in fighting dirty money.…

BY ALAN OSBORN

ONLY comparatively recently have the world’s anti money laundering agencies come to grips with alternative remittance systems (ARS) and even today the scale of the systems and the degree of infiltration by criminals is still not fully known.…

BY LIZ HALL, in Alicante

SINCE March 2005, Operation White Whale, an extensive international anti-money-laundering operation spearheaded by the Spain’s National Police (the Policia Nacional), has produced the arrest of 57 people and the laundering of at least Euro 250 million euros obtained through illegal drug trafficking, according to Spain’s Interior Ministry (Ministerio del Interior).…

BY ALAN OSBORN
THE REMARKABLY quick approval of the European Union’s (EU) Third Money Laundering Directive this summer has delighted the EU’s law enforcement agencies but it may have done little for the composure of lawyers who had hoped, in vain as it turned out, that the measure would tackle what they see as the deficiencies of the 2nd directive approved in 2001.…