Search Results for: France

A BUDDY training system has been launched by the International Civil Aviation Organisation (ICAO), enabling countries with significant regulatory capacity to help other states prepare for the upcoming CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) scheme. ICAO has been training national officials to advise on ensuring CORSIA’s legal requirements are written into local laws and also on building the emissions data monitoring, reporting and verification systems they need to measure their airlines’ carbon footprint.…

Centre right members of the European Parliament’s special committee on financial crimes, tax evasion and tax avoidance (TAX3) have hit out at the 18 EU member states, that offer citizenship or residence in exchange for investments. The MEPs, members of the European People’s Party (EPP), spoke out November 14 as the committee handed down a draft report*, with findings and recommendations, including phasing out such rights.…

Taxpayers across Europe have lost some EUR55 billion (USD62 billion) in a massive stock trading fraud – called ‘cum-ex’ – that has hit at least 11 countries, according to a collaborative investigation by European media organisations. Cum-ex involved managers trading a company’s shares rapidly around a syndicate of banks, investors and hedge funds, creating the impression that there were several owners, each entitled to a tax rebate on capital gains tax.…

THE PERCEPTION of beauty and hence the design and supply of personal care products is slowly changing in sub-Saharan Africa as its increasingly wealthy middle class consumers take a more personalised approach to how they look. The region has a widely diversified consumer-base, whose varied tastes are pushing brands to rethink personalising cosmetics and personal care products like never before. …

WITH reputational risk being an increasing concern for investors, the demand for information in accountancy reports that goes well beyond the balance sheet is growing. And, companies want to be sure that such data is of solid quality – making emerging forms of external reporting (EER) assurance the key focus of a high-level accounting meeting staged in Brussels on November 8.…

Charities continue to be at risk of being exploited by terrorist groups looking to transfer money and finance their operations, with the Middle East a high-risk area.

These non-governmental organisations (NGOs) are, however, criticising the extra scrutiny the sector is facing from regulators, banks and governments, saying it is driving charity financing into the shadows, actually increasing risks of financing by crime and terror groups.…

With traditional universities increasingly using web-based learning as a way of recruiting students world-wide, University World News spoke to the head of Italy’s top online university to see how it has developed a successful model for international higher learning

Enrollments for the 2018-2019 school year at the Rome-based International Telematic University, Uninettuno, have exceeded expectations, university rector Maria Amata Garito, shared with UWN: “I can confirm that enrolments have jumped quite a bit this year – up by circa 200% compared to last year,” said Garito.…

THE GOVERNOR of New York has announced a USD13 billion plan to upgrade John F. Kennedy International Airport, building two international terminal complexes on the airport’s north and south sides, and associated land transport links. The investment will draw on USD12 billion in private funding, said Gov Andrew Cuomo.…

AMERICAN confectioners may suffer from the latest tit-for-tat tariff exchange between the USA and China, with retaliatory duties from China targeting US confectionery exports. Many of these duties are high – at 25% – imposed from September 24 on US-made sugar; cocoa powder; milk powder; honey; jams; and more; plus 20% duties on US-made confectionery without cocoa; chewing gum; some chocolates; and more.…

Indonesia is seeking to open new markets for its textile and garment products – not only are free trade agreements with Australia and fellow Asian countries are on the cards, the industry’s association and the government has announced, but the industry is also targeting African export sales.…