Search Results for: European Union

Keith Nuthall
A BID to weaken the affect on accountants of the proposed new EU money laundering directive has failed in the European Parliament.

MEP’s rejected proposals from the parliament’s justice and home affairs committee to scrap moves to extend the duty of auditors, tax advisors and external accountants acting for a third party, to comply with its rules on identification of clients, record keeping and the notification of suspicious transactions.…

BY KEITH NUTHALL
THE WORLD Bank has created an anti-corruption department that will investigate allegations of fraud within the organisation’s staff or in projects it funds. The bank has recently appointed a director of the department, Maarten de Jong, a Dutchman, Managing Director of the European Institute for Law Enforcement Cooperation.…

BY ALAN OSBORN
THE EUROPEAN Commission has decided not to oppose the granting of state aid by Italy to the Franco-Italian company ST Microelectronics for three research projects costing the equivalent of some pounds 275 million. The maximum aid permitted under EU regulations is pounds 86 million.…

BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the acquisition by US-based smart card manufacturer Schlumberger of Sema, the British information technology and business services company. Sema provides primarily standardised software and consulting services, such as data management, customer care, billing and call centres.…

BY KEITH NUTHALL
THE EUROPEAN Medicines Evaluation Agency (EMEA) is about to complete a new model computer system that will help it and other medical regulators effectively marshal the mountain of data regarding new pharmaceutical products and keep information up to date.…

BY MONICA DOBIE
THE LOCAL Council – what are the worst images conjured up when thinking of those words?

Let me make it easy for you.

Lazy employees that take forever to process requests, generally unhelpful and bored, unfulfilling positions that can transform a new recruit full of fresh ideas and faith in the system, to the jaded staff that many of us have encountered at our local councils.…

BY MONICA DOBIE
THE LOCAL Council – what are the worst images conjured up when thinking of those words?

Let me make it easy for you.

Lazy employees that take forever to process requests, generally unhelpful and bored, unfulfilling positions that can transform a new recruit full of fresh ideas and faith in the system, to the jaded staff that many of us have encountered at our local councils.…

BY ALAN OSBORN
IN an attempt to stamp out smuggling and fraud, the European Commission is proposing that excise duties on popular cigarettes sold throughout the 15 EU countries should be brought much closer together. In a proposed new directive, the Commission says there should be a minimum fixed amount of excise duty of Euro 70 (about Pounds 42) per 1,000 cigarettes in the most popular price category, which would be in addition to the existing minimum excise requirement of 57% of the retail price.…

BY MONICA DOBIE
VINEYARDS in Kosovo are bearing fruits for the first time in more than a decade because of a joint regeneration programme developed from the Commission, the United Nations and the European Agency for Reconstruction.

In 1990, nearly 10,000 acres of vineyards produced high-quality wine to traditional recipes, 80 per cent of which was exported creating a thriving wine industry in the region.…

BY ALAN OSBORN
PROPOSED new European legislation that would make it compulsory for motor vehicle registration documents to carry an adjective and alphanumeric code specifying the colour of the original paint is not expected to cause major problems in the UK paint or motor industries.…