Search Results for: International business

Brazil, the world’s fifth largest country by size, with 60% of the planet’s rainforest, is investing in research to become an important bioplastics player, using its abundant natural resources. However, legislative obstacles are hindering its progress.

And there is plenty of room for improvement.…

Greece’s higher education sector is on the brink of a major transformation, with Cyprus’ University of Nicosia (UNIC) pushing to establish the country’s first private university – a UNIC Medical School in Athens, and at least other 25 globally-recognised universities prepare to offer graduate and postgraduate degrees in Greece.…

“It is highly likely that limited company structures within the UK are widely used to facilitate many types of serious and organised criminality,” according to the first ever strategic intelligence assessment (1) from Britain’s corporate registration agency, Companies House.

The report finds it ‘almost certain’ (over 95% probable), using an official probability yardstick (2), both that the “openness of naming rules for limited companies” facilitates fraud and that use of professional enablers, like formation agents, lawyers and accountants, “facilitates abuse of Companies House processes”.…

Niger’s military government is insisting it has maintained higher education services despite international sanctions imposed on the west African country since the coup d’état of last July (2023). This has ruptured relations with western and some neighbouring countries, prompting concerns that Nigerien students might struggle to continue their studies abroad.…

Despite mainland China tightly restricting buying, selling, mining and holding of crypto-currency in 2021 (1), private holdings and peer-to-peer transactions remain legal and so the country remains a major crypto centre – and hence a virtual currency ML risk. Its largest autonomous special administrative region (SAR) Hong Kong is also pushing ahead with a fully legal and regulated crypto sector, with AML/CFT controls being rolled out.…

As the world’s employment markets are shifting towards jobs that promote sustainability, prompted by concerns about limiting potential runaway climate change, higher education institutions are being encouraged to integrate green skills into curricula.
With major corporations within the European Union (EU) already required to submit sustainability reports on their exposure to and their impact on climate change and sustainability, and other jurisdictions to follow suit, demand for so-called ‘green jobs’ is rising.…

The first FATF plenary under the presidency of Mexico’s Elisa de Anda Madrazo has launched the AML body’s fifth mutual evaluation round, while taking initial steps towards boosting inclusivity. For the first time, two external jurisdictions – Cayman Islands and Senegal – were invited to participate in the FATF plenary and working groups as guests, to “broaden the diversity of perspectives at the FATF,” said a post-meeting communiqué.…

Brazil, the world’s fifth largest country by land area, is preparing to use its abundant natural resources and major renewable energy sector to become the world’s largest producer of green hydrogen (H2V). However, with several challenges to overcome, its likely success is tough to predict, say local experts.…

The amount of money stolen from British bank accounts through fraud dropped 1.5% in H1 2024 year-on-year, according to banking and finance trade association UK Finance (1).  Nevertheless, GBP570 million (USD739.57 million) was still defrauded from British banking clients and the number of cases rose 16% to 1,601,517, with the body’s Half Year Fraud report blaming inadequate action by social media and telecommunications networks.…

When the UK left the European Union (EU) on 1 January 2021, it also left the EU’s comprehensive REACH chemical control system, which was formally replaced by a UK REACH system. This mirrored EU REACH, grandfathering existing registrations and restrictions to the national system, although GB companies lost access to EU databases run by the European Chemicals Agency (ECHA).…