Search Results for: Dutch caribbean

FATF says FIUs must be a national centre for the receipt and analysis of suspicious transaction reports (STRs) and other information linked to ML, associated predicate offences and terrorist/proliferation financing, and disseminate that analysis. FIUs should be able to obtain additional information from obliged entities, and access relevant financial, administrative and law enforcement data.…

The Dutch higher education community has condemned massive cuts to the sector’s budget and caps on international student numbers, after the country’s ruling politicians rejected calls to rethink its controversial structural reforms.

On 27 November (2024), in a vote in the Dutch House of Representatives (Tweede Kamer), the Netherlands’ right wing four-party coalition led by Independent Prime Minister Dick Schoof supported a proposal spearheaded by Dutch Minister of Education, Culture and Science, Eppo Bruins of the New Social Contract party, to cut education funding by approximately EUR2 billion – half of which is earmarked for higher education – despite growing pressure from opposition parties who are threatening to block the plans in the Dutch Senate (Eerste Kamer) (https://www.dutchnews.nl/2024/11/coalition-stands-firm-over-e2bn-education-cuts-despite-warnings/…

European Union (EU) education ministers and university experts have argued this week the creation of a European degree could boost cooperation between higher education institutions (HEIs), but that more work is needed to make it successful.

Pia Ahrenkilde Hansen, the European Commission’s director general for education, told EU education ministers (https://video.consilium.europa.eu/event/en/27718…

Brazil, the world’s fifth largest country by land area, is preparing to use its abundant natural resources and major renewable energy sector to become the world’s largest producer of green hydrogen (H2V). However, with several challenges to overcome, its likely success is tough to predict, say local experts.…

With the global commodities market valued at USD121.2 trillion in 2024 and expected to generate USD136.8 trillion in 2029 (1), the scope for fraudsters to make money from this sector is vast. German statistical service Statista notes that commodities sales have latent augmentation, given that it all includes emissions trading systems expanding worldwide, along with energy products, food and drink, precious and industrials metals and more.…

Venezuela, whose July presidential election has been contested by its political opposition as fraudulent, is facing an increase in financial controls having been grey listed by FATF this June (2024). This was over failures to respond to the global body’s requests for improvements in AML/CFT.…

Major emerging markets such as Vietnam are regarded by the west as sourcing hubs for products and packaging, but this south-east Asian country of 100 million people is now a major metal packaging market. According to recent forecasting from India-based market researcher Mordor Intelligence, the Vietnamese metal packaging market is expected to expand at a compound annual growth rate (CAGR) of 3.07% from 2024 through 2029, growing from USD2.11 billion to USD2.45 billion (1).…

Women today lead half of the Netherlands’ 14 senior research universities, the first time this has happened, a new report issued as the country starts its new academic year has claimed.

A Dutch News report (1) stressed how last year Nijmegen’s Radboud University appointed José Sanders, professor of communication, as its first rector magnificus, equivalent to chancellor https://www.ru.nl/en/about-us/news/jose-sanders-appointed-new-rector-of-radboud-university-nijmegen…

The development of anti-money laundering (AML) utilities, with banks and other financial services sharing customer due diligence (CDD) resources, is moving ahead, albeit slowly and unevenly. Should these systems work, they could strike firm blows against commercial crime. Keith Nuthall reports

Financial institution collaboration against crime has been promoted by both the public and private sector, but it needs to be done well – with client confidentiality and data protection being safeguarded alongside the development of operational efficiency.…

Free trade zones (FTZ) have long been identified as having potential vulnerabilities for ML/TF/PF. And while they are not a key priority for FATF as it assesses the criteria for its fifth mutual evaluation round (MER5), given FTZs are still growing in number, international concern about their criminal money risks persists.…