Search Results for: France

WITH President Donald Trump angered by the Syrian government chemical weapon attack near Damascus, the US government has rolled out additional financial sanctions on oligarchs and companies linked to a Russian government that Washington blames for abetting such outrages in Syria.…

THE NONWOVEN adult incontinence market in Europe is offering hygiene product manufacturers and brands a chance to profit in a wider sanitary segment that has been and remains highly competitive.

Western Europe has a high per capita consumption in sanitary protection and a fiercely competitive retailing environment, according to Miles Agbanrin, an analyst for market researcher Euromonitor International.…

DEFERRED Prosecution Agreements (DPAs), that allow companies and individuals that admit to wrongdoing and cooperate with investigators and avoid prosecution, are becoming increasingly common worldwide, including for money laundering offences. The systems are particularly useful sticks to force erring financial and other corporate institutions to improve their anti-money laundering and combating the financing of terrorism systems (AML/CFT), with prosecuting agencies deferring criminal cases on condition of sustained AML/CFT reforms.…

NEW Caledonia, a Pacific overseas territory governed by France, will need to transpose the new so-called European Union (EU) fifth anti-money laundering directive (AMLD5) reforms agreed in May. This is because the territory will have to follow AML/CFT implementing rules within French law, a spokesperson from the French ministry of economy and finance told the Money Laundering Bulletin.…

THE EUROPEAN Union’s (EU) financial watchdog, the European Court of Auditors, is auditing the deployment of SESAR, the EU’s technological modernisation programme for air traffic management. The assessment will examine whether it is well managed and will contribute to the Single European Sky (SES) initiative.…

The INDO Intertex textile machinery exhibition will be staged in the Indonesian capital Jakarta next month to boost investment in a textile and clothing sector that is growing, the show’s project manager Paul Kingsen said. 

“The theme for this year INDO Intertex is investment growth acceleration.…

THE DECISION of the European Commission not to propose a harmonised European Union (EU) approach for excise duty on e-cigarettes and other novel tobacco products has been welcomed by the tobacco sector for avoiding punitive taxation on a nascent segment.

But should such rules ultimately be introduced the tobacco sector may not oppose them if they reflect the lower health risks involved in consuming such products by enabling lower excise duty bands.…

SINCE the 2015 nuclear agreement between Iran and the USA, the UK, Russia, France, China, Germany and the European Union (EU), foreign financial institutions have – in theory – been allowed to do business with Iran.  But the reality – as ever with relations with Iran – is proving to be a good deal more complex.…

THE EUROPEAN Union (EU) has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made knitwear, as it launched its reaction to the establishment of American import duties on aluminium and steel imports. EU trade Commissioner Cecilia Malmström told the European Parliament on March 22 that the preparations would continue despite the US exempting the EU from its metal duties until May 1, to allow discussions to continue.…

Brussels South Charleroi Airport has has to rethink its development plans after a January 25 ruling in the European Union’s (EU) General Court forced a 500% hike in its concession fee.  The court (part of the European Court of Justice) threw out Charleroi’s challenge to the European’s Commission 2004 decision that the EUR3 million annual concession fee that Belgium’s Wallonia Region was charging the airport was an illegal subsidy under the bloc’s state aid rules.…