Search Results for: Finland

The European Union (EU) is edging towards a digital Euro, one of several jurisdictions worldwide developing a central bank digital currency (CBDC), but what anti-money laundering controls would need to be built into the system and how can this be balanced with data protection and privacy considerations?…

The European Union’s (EU) new ‘Women on Boards’ directive (1) is designed to force change in the EU’s director cohort by requiring that the ‘under-represented sex’ (which could be male on rare female-dominated boards) make up 40% of non-executive directors or 33% of all major company directors.…

An international operation led by the European Union’s (EU) police and judicial agencies, Europol and Eurojust brought down the criminal gang behind a multimillion-Euro crypto investment scam. In a November 8 and 9 action day, raids on 15 call centres across eastern Europe – six in Albania, five in Georgia, one in North Macedonia and three in Ukraine – led to five arrests.…

Innovation in athleisure gear continues to drive performance improvements, with an eye to boosting sustainability, as consumers become more environment conscious, and regulation toughens up.

Of course, making such improvements is no easy feat today given the entire supply chain is facing “unprecedented challenges,” warned Davide Vigano, CEO of tech textile manufacturer Sensoria, based in Redmond, Washington state, USA, as shipping delays hinder the delivery of components, and transport prices increase as energy costs also soar, pushed up by Russia’s bloody invasion of Ukraine. …

The Nordic and Baltic beer markets are increasingly diverse, with craft beer sales growing faster than those for standard beers across the region, with only Lithuania bucking the trend. According to UK-based market researcher GlobalData (which owns Just Drinks), sales of craft beers Denmark, Sweden, Norway, Finland, Estonia and Latvia have all seen significant sales increases over the past five years with many exhibiting double-digit growth.…

Global progress on tackling the risks posed by money laundering and terrorist financing (ML/TF) is “paralysed” according to the latest annual index report (1) from the Basel Institute on Governance. Over the 11 years since the first report, AML risks “have changed depressingly little”, said Basel AML Index project manager Kateryna Boguslavska on October 4.…

If proof were needed that the European Union (EU) was genuinely concerned about the boom in energy prices sparked by Russia’s bloody invasion of Ukraine, it is surely a decision made by the EU Council of Ministers on September 30 to back an EU energy tax law, for implementation on December 1 (2022).…

Textile companies in Finland, whose government has developed a national road map towards creating a circular economy (1), are developing game-changing solutions to achieve carbon neutrality.
According to the report ‘Fashion on Climate’, published in 2020 by consultants McKinsey & Co and Danish non-profit organization Global Fashion Agenda, “the fashion industry accounts for around four per cent of emissions globally”, and “more than 70 per cent” from “upstream activities, particularly energy-intensive raw material production, preparation and processing” (2).…

Concern about rapid increases in consumption in heated tobacco and the European Union’s (EU) stated ambition to reduce all tobacco use by 2040 so that less than 5% of the 27 member countries’ 447 million people is pushing EU policymakers towards tightening vaping and e-cigarette controls.…

Major vaping players are investing in innovative solutions to offer healthier, more pleasant, and more eco-friendly products, trying to reshape a segment facing a growing number of restrictive laws worldwide.

According to the Dublin-based market researcher Research and Markets, “the global e-cigarette market reached a value of USD20.4 billion in 2021” and should reach USD30 billion by 2027 (1).…