Search Results for: International law

The UK House of Commons Public Accounts Committee (PAC) has accused the British government of failing to control massive fraud impacting public spending, damaging Britain’s reputation for honesty and probity.

Its report, released September 8 (1) (2), assessed fraud against the UK government having risen from GBP5.5 billion (USD6.8 billion) in the two years before Covid-19 (2018/19) to GBP21 billion (USD26.2 billion) in the two years since the pandemic erupted (2020/21).…

Fraud investigators are often meticulous and driven, building a case for their employers that may end up in court – but what red flags might spark an initial inquiry?

Written advice is widely available – from the Association of Certified Fraud Examiners (ACFE) and government agencies responsible for white collar crime.…

Digital textile printing could grow in Argentina, but successive international and national crises are hindering the trust needed for the industry to invest in this critical technology, especially as the country heads to October presidential elections that may lead to major economic changes.…

The dairy industry if Baltic State Estonia may be small, but it has seen continuous growth, with 2022 marking the 22nd consecutive year of increased milk production in a country blessed with abundant natural grassland.

“Estonia is among the best in Europe in terms of cow milk production,” Aire Pentjärv, head of the dairy animals performance testing department, of Estonian Livestock Performance Recording Ltd (EPJ – Eesti Põllumajandusloomade Jõudluskontrolli AS), told Dairy Industries International.…

Businesses and public authorities across the European Union (EU) are facing tougher laws on late payments, with the European Commission proposing a new regulation that would insist on maximum 30-day terms. Under the legislation, if approved by the European Parliament and the EU Council of Ministers, later payments would automatically accrue interest payable to the creditor, at 8% above European Central Bank (ECB) base rates.…

UN member states have been urged to create solid national policy and spending commitments to achieve the body’s Sustainable Development Goals (SDG) by 2030, including the key SDG4 on education. https://sdgs.un.org/goals/goal4 Its aim is inclusive and equitable quality education, delivering lifelong learning opportunities for all.…

Consumers worldwide increasingly seek out climate and environmentally friendly products, including paints, and industry is meeting this demand with a range of more sustainable products that they flag with green claims, such as carbon neutral or zero organic compounds (VOC). However, paint makers need to ensure they can prove those claims because regulators are cracking down on greenwashing.…

The Financial Action Task Force (FATF) has demonstrated how it wants countries to focus as much on effectiveness as technical compliance, with its latest mutual evaluation report on Luxembourg requesting more AML action in high-risk sectors (1).

This grand duchy, despite being compliant or largely compliant with all FATF’s 40 recommendations, bar recommendation 8 on non-profits (partial compliance), has a much weaker effectiveness assessment.…

Sri Lanka’s inflation may be slowing compared to last year (4% in August, down from 64.3% year-on-year), (1) but the country’s clothing sector is still being hit by a lack of orders, the country’s industry body the Joint Apparel Association Forum (JAAF) has told Just Style.…

The China National Garment Association (CNGA) in a new briefing (1) on China’s clothing industry economic operations for H1 2023 warned that China’s clothing industry is under serious pressure. Insufficient post-Covid demand recovery in international markets due to inflation and central banks’ tight monetary policies have been exacerbated by overseas customers transferring orders to other countries.…