Search Results for: International law

Cybercrime has spanned national borders as it has increased exponentially in recent years. However, despite often being carried out in multiple jurisdictions that require a coordinated multinational response, tackling such crime has been hampered by the lack of international cooperation. Paul Cochrane reports.…

European Union (EU) ministers have debated developing a European degree system at an informal meeting of higher education and research ministers in Budapest, Hungary on Monday and Tuesday (September 16/17), although the meeting was overshadowed by an ongoing row about Hungary’s access to EU education programmes.…

The Australian government has proposed a comprehensive set of AML reforms within formal legislation that is now under discussion in the country’s House of Representatives and Senate (1).

A key goal is answering criticisms of Australia that its AML/CFT regime was too narrowly focused.…

Venezuela, whose July presidential election has been contested by its political opposition as fraudulent, is facing an increase in financial controls having been grey listed by FATF this June (2024). This was over failures to respond to the global body’s requests for improvements in AML/CFT.…

The paint markets of the Levant – Syria, Lebanon, Israel and Palestine (now recognised by the UN as a state, even though it has no unified governance) – are all reeling from ongoing conflict and economic instability. The more developed and export-orientated markets of Lebanon and Israel are however releasing new innovative paint products.…

The Argentina tobacco leaf sector is optimistic about its 2025 season (February to April), thanks to the policies launched by the government of the libertarian and right-wing outsider President Javier Milei, who took office last December (2023), and growing international demand.…

Terms of reference for a United Nations Framework Convention on International Tax Cooperation have been agreed by an ad hoc UN committee, including integrating commitments on tackling tax avoidance and tax evasion, plus equitable taxation of multinationals. A UN member state-led negotiating committee will now meet in 2025, 2026 and 2027 for at least three sessions per year to complete and submit a final text to the UN general assembly for approval.…

Uganda may have been removed from the FATF grey list this past February (2024), but its FIU has told MLB it knows more AML, CFT and CFP work is ahead. The east African country had been grey listed since 2020. After de-listing, FATF said in a communiqué it “welcomes Uganda’s significant progress in improving its AML/CFT regime”.…

Major emerging markets such as Vietnam are regarded by the west as sourcing hubs for products and packaging, but this south-east Asian country of 100 million people is now a major metal packaging market. According to recent forecasting from India-based market researcher Mordor Intelligence, the Vietnamese metal packaging market is expected to expand at a compound annual growth rate (CAGR) of 3.07% from 2024 through 2029, growing from USD2.11 billion to USD2.45 billion (1).…

The international can manufacturing and filling industry is continuing to face increasing regulatory pressure regarding certain food contact chemicals, which while protecting cans against corrosion, may also harm consumer health and the environment.

Dubbed by environmental groups as ‘forever chemicals’ because they take so long to degrade, these substances include bisphenols, phthalates and PFAS (per and poly-fluorinated alkyl substances).…