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BODY artists in Europe may have to reconsider the pigments that they use in future, with the European Union (EU) drafting new rules that could regulate what chemicals can be used in tattoo inks. While today 12 out of every 100 Europeans are tattooed or have some sort of permanent cosmetic treatment, experts are increasingly concerned that these skin colouring agents may contain hazardous substances, known or suspected to have adverse health effects causing cancer, allergies or mutations.…

BOTH France and Germany are facing legal action by the European Commission over their failure to implement the European Union’s (EU) 2015 fourth anti-money laundering directive (AMLD – 2015/849) correctly.

While both countries have written the legislation into national law, the EU’s executive has concluded that certain provisions are missing.…

INDIA’S large military forces are to start sourcing a significant volumes of technical textile products from private companies from next year (2020), opening up a new market for local and international manufacturers, delegates at a recent conference were told in New Delhi.…

DEUTSCHE Bank’s AMLO has told a European Parliament hearing – to the dismay of MEPs – that the German major had no evidence that it was involved in misconduct surrounding the Danske Bank Estonia money laundering scandal.

Stephan Wilken, head of anti-financial crime and Deutsche Bank’s group anti-money laundering officer, told the EP’s special committee on financial crimes, tax evasion and tax avoidance (TAX3) on Tuesday (Feb 4): “We have not identified any misconduct” in Danske case.…

THE GROWTH in fast fashion contracts struck between brands and Vietnam’s burgeoning outsourcing will boost demand for machinery and equipment in the Vietnamese textile sector as much as the new trade deals that have been struck by Hanoi, according to industry insiders.…

THE TOBACCO industry in Europe needs to keep a close eye on the work of the European Chemicals Agency (ECHA), the European Union’s (EU) chemical agency, which has a key role in banning or restricting the use of tobacco ingredients, by-products and manufacturing chemicals.…

BRITAIN, Germany and France have established a clearing house to facilitate non-USD trades with Iran, to help European companies to do business without falling foul of tightened American sanctions against the Islamic Republic.

Based in Paris, and headed by former Commerzbank director Per Fischer, a German, the Instrument In Support Of Trade Exchanges (INSTEX) is owned by the three supporting governments.…

DEUTSCHE Bank’s AMLO has told a European Parliament hearing – to the dismay of MEPs – that the German major had no evidence that it was involved in misconduct surrounding the Danske Bank Estonia money laundering scandal.

Stephan Wilken, head of anti-financial crime and Deutsche Bank’s group anti-money laundering officer, told the EP’s special committee on financial crimes, tax evasion and tax avoidance (TAX3) on Tuesday (Feb 4): “We have not identified any misconduct” in Danske case.…

THE GLOBAL art trade’s exposure to abuse by money launderers is to come under scrutiny as the European Union (EU) countries have started adopting the 5th EU anti-money laundering directive (EU 2018/843 – 5AMLD), which brings cultural artefacts trading under AML controls.…

GOVERNMENTS can play a huge role in determining how, when and whether an airport is built – and freed from the market constraints that limit most businesses, these decisions can have big consequences – for good and for ill. When dealing with mega-projects costing billions of dollars, government airport constructions decisions can also have a lot of unintended consequences.…