Search Results for: Dutch caribbean

The doomsayers who in 2022 predicted the collapse of cryptocurrency as a major payment instrument have been proved wrong, meaning that AML regulators and obliged entities will need to focus hard to fight the abuse of these digital payment systems by criminals.…

The manufacture of cell-based meat has come a long way since the world’s first lab-grown burger was made in 2013 by Dutch stem cell researcher Mark Post – today founder and chief scientific officer of the Netherlands-based Mosa Meat. This was made in a university laboratory setting for whopping USD325,000 (USD2.3 million/kg) per patty (1).…

A new law that expands the kinds of environmental wrongdoing in the European Union (EU) branded a criminal offence has been accepted by the EU Council of Ministers and European Parliament. They have in principle agreed a new directive (1) that will tell all 27 EU member states to criminalise breaches of environmental obligations such as the illegal trade and handling of chemicals, including textile finishing chemicals.…

The seizure of criminal proceeds has been a policy priority of the current Singaporean presidency of FATF (the Financial Action Task Force) (1). But while it and jurisdictions such as the European Union (EU) are developing reforms to boost asset recovery, more change is needed for this tactic to become a truly effective weapon against organised crime.…

Nearly two years since Russia invaded Ukraine, the global sunflower oil and seeds sector is still under pressure from supply-side shocks, restricting short-term growth of the sector. Despite an overall growth in global production of sunflower oilseeds, experts warn of difficult conditions for crushers and growers faced with decreased profitability and stiff Russian competition.…

AML experts are increasingly concerned that jurisdictions worldwide are still failing to act against key enablers of money laundering, such as lawyers, trust and company service providers (TCSPs), accountants, estate agents, casinos and luxury goods traders, who ask no questions or ignore money laundering (ML).…

Fraud remains rampant in China. And with the government cracking down on corruption, swindles and scams are politically sensitive. Mark Godfrey has investigated the latest trends for Commercial Crime International.

The Chinese communist party is always sensitive to public opinion, aware that its hold on power depends on delivering efficient governance and strong economy.…

The European Union (EU) is set to gain a single AML rulebook across all 27 member states, after late night talks yesterday (January 17) ended with a deal between the European Parliament and EU Council of Ministers on a new regulation and directive.…

Imposing bans on disposable e-cigarettes or vapes will not help people stop smoking and are counterproductive, European vape experts have told Tobacco Journal International (TJI).

Their comments come in the wake of myriad plans to ban or impose high taxes on these products, which contain nicotine and are regarded by some as harmful for health.…

The Netherlands knitwear companies are fighting tough times. The country entered recession in 2023, caused by high inflation and energy prices, but it will survive, Dutch knitting experts have told Knitting International.

The country’s economy contracted by 0.5%. 0.4% and 0.2% in the first, second and third quarters of last year, meaning that the country is still officially in recession, government agency Statistics Netherlands (CBS – Centraal Bureau voor de Statistiek) chief economist Peter Hein van Mulligen said in November.…