Search Results for: International law
10 results out of 11774 results found for 'International law'.
CIRCULAR ECONOMY INCREASINGLY DRIVES PACKAGING CHOICES, BUT BETTER INFRASTRUCTURE NEEDED, SAY EXPERTS,
PACKAGING companies worldwide are increasingly choosing more environmentally friendly packaging, driven by tough laws, such as the European Union’s (EU) proposed packaging and packaging waste regulation (PPWR) (1). This is moving through the EU’s legislative decision-making system, ready for approval in 2024, with the European Parliament adopted its first reading report on November 22 – coordinated by French liberal MEP Frédérique Ries (2).…
TEXTILE, FASHION NEEDS TO SHIFT FROM LINEAR TO CIRCULAR ECONOMY, EURATEX CONFERENCE TOLD
Speakers at the Textile & Fashion Forum Helsinki 2023 have stressed the need to transform the textile sector from linear to circular economy principles, to achieve robust sustainable practices across the industry.
Leading textile and fashion professionals and experts stressed the need for green innovation at a two-day forum organised by Finland’s clothing and textile industry association Finnish Textile & Fashion and European industry organisation Euratex.…
FATF CHANGES RECOMMENDATIONS TO PUSH FOR MORE DIRTY MONEY CONFISCATION
FATF has released changes to its formal recommendations designed to push governments to ensure more money is seized and confiscated.
The global AML body will henceforth require governments to “establish asset recovery as a priority”, nationally and international in cooperation with other countries, periodically reviewing confiscation policies and programmes.…
FATF, INTERPOL AND EGMONT GROUP TOGETHER ADVISE REFORMS ON FIGHTING CYBER-FRAUD ML
FATF, Interpol and the Egmont Group have called on governments to undertake three priority reforms to combat the increasing amount of money laundering generated by cyber-enabled fraud. These attacks have mushroomed during and since the Covid-19 pandemic. The US FBI said in June (2023) that cyberattacks and cyber-enabled frauds in the USA cost more than USD10.2 billion in 2022, up from USD6.9 billion in 2021 (1)
In a new FATF/Interpol/Egmont Group report released this month (November) ‘Illicit Financial Flows from Cyber-Enabled Fraud’ [CEF], the three organisations call for better domestic co-ordination between regulators, law enforcement, AML reporters and other actors; more multilateral collaboration; and strengthened detection and prevention (2).…
CHALLENGES MOUNT FOR BANGLADESHI FACTORIES AMIDST WORKER UNREST AND CASUALTIES, STRAINING AN ALREADY FRAGILE MARKET
Garment manufacturers in Bangladesh have offered to increase minimum wages for their employees above an earlier offer of Bangladesh taka BDT10,400 (USD94) per month (up from today’s BDT8,000), but worker unrest this morning (Thursday) continued while negotiators debated the new rate.…
EU INSTITUTIONS STRUGGLING TO TACKLE HOME-GROWN GRAFT
The European Union (EU) is struggling to tackle corruption in its own institutions with real and perceived cases of backdoor lobbying, undue influence, cash for questions, conflicts of interest and revolving doors (to jobs with industry). These are harming the reputation of the European Parliament, the executive European Commission, the Council of Ministers and several EU agencies.…
EMERGING BRAZIL IS BEATING RICHER NATIONS IN RENEWABLES SHARE
Brazil generated 92.8% of its electricity from low or zero carbon sources during the first nine months of 2023, producing more clean power by proportion of overall output among all G20 countries in 2022, with a share of 89.1%, according to data released by London, UK-based global energy thinktank Ember (1).…
MARKET INTERVENTION IN ELECTRIC VEHICLE SEGMENT MAY IMPEDE TAKE UP BY CONSUMERS – SMMT CONFERENCE WARNED
Policy initiatives aimed at reshoring large sections of the US automotive supply chain could seriously restrict the growth of the country’s electric vehicle (EV) market, a key UK motor industry conference was told on Wednesday (Oct 18). Speaking at the UK Society of Motor Manufacturers and Traders’ (SMMT) Global Trade Conference, in London, David Schwietert, chief policy officer at the Washington DC-headquartered Alliance for Automotive Innovation, aired concerns about the Biden administration’s Inflation Reduction Act’s (IRA) manufacturing incentives.…
GLOBAL STUDENT BODY ENCOURAGES SUSTAINABILITY CHANGE INSIDE AND OUTSIDE WORLD’S CAMPUSES
A global student body is encouraging universities and colleges to lead societal change that pushes behavioural norms towards more sustainable practices, reducing greenhouse gas emissions, as this summer’s record heat https://www.nasa.gov/news-release/nasa-announces-summer-2023-hottest-on-record/#:~:text=The%20summer%20of%202023%20was,(GISS)%20in%20New%20York. Underlines climate change.
Students Organising for Sustainability (SOS) International was launched in Denmark during 2019 and has since grown to be an alliance of 27 national and international organisations, working together to promote sustainability on campus, at home and at work.…
UTRECHT HEAD DEFENDS DECISION TO LEAVE THE RANKING SYSTEM
Pulling out of the Times Higher Education Supplement (THES) world ranking of universities will not affect Utrecht University’s standing or popularity for current or future students. That was the message of Professor Dr Henk Kummeling, Rector Magnificus of the Netherlands’ university, whose areas of responsibility include student policy, academic affairs and cooperation in higher education.…