Search Results for: Czech Republic

EUROPEAN universities need to embrace change by continuing to forge alliances with innovative companies and independent research groups to use and develop their knowledge in cooperation with the outside world, experts agreed at the March 8 launch of the European University Association (EUA)’s new report ‘The role of universities in regional innovation ecosystems’.…

ON the back of Israel’s innovation-embedded work culture, the Middle East country is making headway in the 3D-printed garment sector. The country is the joint-headquarters of 3D-printer manufacturer Stratasys, which has a key base in Rehovot, south of Tel Aviv. Stratasys offers a wide range of 3D printers – https://www.stratasys.com/3d-printers…

China and India as the world’s two most populous nations share a handful of similarities in their AML policies, but there are important contrasts, many springing from the fact that China is an authoritarian one-party state and India a sometimes chaotic multi-party democracy.…

THE EUROPEAN Commission today (March 18) gave competition law approval for France’s VINCI Airports to take over control of London Gatwick Airport from current owner Ivy Topco Ltd, a Cayman Islands registered company.

The European Union (EU) executive, acting as the EU’s senior competition authority, approved the deal which would see VINCI acquiring 50.01% of the issued share capital of Ivy Topco.…

THE EUROPEAN Commission is getting tough in enforcing compliance with the 4^th anti-money laundering directive (2015/849), with a large majority of member states now facing infringement proceedings. The European Union (EU) executive said on March 7 that it had sent letters of formal notice opening legal proceedings to six EU countries (the Czech Republic, Hungary, Italy, Slovenia, Sweden, and the UK) over their failure to apply its anti-money laundering and terrorist financing rules.…

DEUTSCHE Bank’s AMLO has told a European Parliament hearing – to the dismay of MEPs – that the German major had no evidence that it was involved in misconduct surrounding the Danske Bank Estonia money laundering scandal.

Stephan Wilken, head of anti-financial crime and Deutsche Bank’s group anti-money laundering officer, told the EP’s special committee on financial crimes, tax evasion and tax avoidance (TAX3) on Tuesday (Feb 4): “We have not identified any misconduct” in Danske case.…

WITH auto manufacturers looking for ways to light-weight electric and hybrid vehicles, to boost performance and battery life, the European Union (EU) is investing in a Spanish company that is seeking to develop recyclable thermo-plastic alternatives to rubber for auto parts.…

BRITAIN, Germany and France have established a clearing house to facilitate non-USD trades with Iran, to help European companies to do business without falling foul of tightened American sanctions against the Islamic Republic.

Based in Paris, and headed by former Commerzbank director Per Fischer, a German, the Instrument In Support Of Trade Exchanges (INSTEX) is owned by the three supporting governments.…

DEUTSCHE Bank’s AMLO has told a European Parliament hearing – to the dismay of MEPs – that the German major had no evidence that it was involved in misconduct surrounding the Danske Bank Estonia money laundering scandal.

Stephan Wilken, head of anti-financial crime and Deutsche Bank’s group anti-money laundering officer, told the EP’s special committee on financial crimes, tax evasion and tax avoidance (TAX3) on Tuesday (Feb 4): “We have not identified any misconduct” in Danske case.…

In Croatia, an ultimate beneficial owners register has been established, operated by the Croatian Financial Agency (FINA – Financijska Agencija). Persons demonstrating a legitimate interest in data will be able to obtain limited BO information, including companies and persons undertaking legally required due diligence.…