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European textile companies increasingly overburdened by regulation say each new piece of European Union (EU) regulation they face should be assessed on the grounds of how it helps industry succeed in an increasingly competitive market. They say more should be done to boost a sector that employs 1.3 million workers in 192,000 companies and provides more than EUR67 billion’s worth of exports to the 27-country bloc, according to the European Apparel and Textile Confederation (Euratex).…

The global market for tallow, traditionally a common ingredient in the production of soaps, detergents, and lubricants, is undergoing considerable movement, driven by rising consumption of meat products coupled with the rising usage of tallow in the pharmaceutical, cosmetic, biofuels and feeds industries.…

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?…

Indonesia’s tobacco farmers are enjoying a good harvest this year, but they are also facing uncertainty over new health regulations that could affect their livelihoods.

The tobacco industry is a major contributor to the Indonesian economy, generating about 10% of the state revenue from excise taxes, according to the country’s finance ministry.…

The Great Lakes region in cenztral and eastern Africa is exceedingly resource rich, and being beset by instability and conflict, it is highly attractive for illicit trade and financial crime fuelling money laundering. A new European Union (EU) Great Lakes Strategy is trying to promote the rule of law in the region – notably Rwanda, Burundi, Uganda and the eastern provinces of the Democratic Republic of Congo (DRC) – but faces major challenges.…

USA FIU FinCEN is to designate transactions involving international convertible virtual currency mixing (CVC mixing) a source of ‘primary money laundering concern’. The move, the first time FinCEN has used its authority under Section 311 of the USA Patriot Act on combatting terrorism and money laundering to target a class of transactions in this way, follows the Hamas attack on Israel on October 7, believed to have been largely funded with crypto.…

Kenya is being opened as a potential outsourcing centre for European Union (EU) knitwear brands by a new EU-Kenya Economic Partnership agreement, now being considered for ratification by the EU Council of Ministers and the European Parliament (1). Once implemented, the deal will remove 12% and 9.6% EU duties charged on many knitted apparel exports from Kenya, potentially boosting a knitted apparel and accessory trade, growing in recent years.…

Risk specialists predict that the current instability in China’s trust sector and China’s slowing economic growth will lead to a massive outflow of capital from China, breaching Chinese money laundering laws. That will include both the export of legally earned money in excess of Chinese capital export caps of USD50,000 per year and illicit movements of criminal proceeds.…

Digital textile printing could grow in Argentina, but successive international and national crises are hindering the trust needed for the industry to invest in this critical technology, especially as the country heads to October presidential elections that may lead to major economic changes.…