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10 results out of 9557 results found for 'International business⊂mit=Search'.

ALGAE OIL BECOMING MORE INTERESTING FOR THE FOOD SUPPLEMENT, COSMETICS AND PET FOOD SECTORS



Algae, especially microalgae, have come to inhabit nearly every ecosystem on the planet, including some of the most inhospitable – offering ideal sources for bio-based oils and fats, some with potentially novel uses. Indeed, over time, each species has evolved specific biochemistries and metabolic profiles to thrive in each habitat niche.…

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TURKS & CAICOS ISLANDS BOOSTS AML AS FORMER PREMIER FACES DIRTY MONEY CHARGES



The Turks & Caicos Islands (TCI) has been improving its AML record, even as its courts have taken eight years to hear financial crime cases against former political leaders, including past Premier Michael Misick. He is charged with money laundering, conspiracy to receive bribes, and conspiracy to defraud the government, related to his 2006-9 tenure.…

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SBF MAY NOT MAR THE BAHAMAS’ IMPROVING AML REPUTATION



While The Bahamas has recently been subject to unwelcome publicity about financial crime being committed on its territory, courtesy of the Sam Bankman-Fried scandal, its government has steadily been undertaking solid work to improve its AML/CFT performance.

Bankman-Fried, or SBF as he is widely known, is facing ML charges in the USA, which was part of the reason he was extradited from The Bahamas in December (2022), along with securities and wire fraud charges associated with his stewardship of crypto-exchange FTX (1).…

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WHISTLEBLOWER RULES GATHER STRENGTH WORLDWIDE



Time was that whistleblowing laws were a novelty. No longer – they are increasingly commonplace in developed economy jurisdictions and offer a widening range of protections.

Take the USA. A bipartisan bill was proposed in March (2023) by Republican Senator Chuck Grassley and Democratic Senator Elizabeth Warren to strengthen whistleblower protections at the US Securities and Exchange Commission (SEC).…

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FASHION SECTOR EXPLORES AI POTENTIAL TO BOOST SUSTAINABILITY



FASHION sector companies, across the value chain, are making continued efforts to leverage the potential of new artificial intelligence (AI) systems to boost sustainability through reducing waste and optimising production.  

Apparel supply chain experts speaking to Just Style have stressed how leading brands from luxury to fast fashion retailers are investing in AI to improve the efficiency and sustainability of their business models.…

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CHATGPT AND RELATED AI SYSTEMS CAN AID ANTI-FRAUD, BUT ALSO HELP FRAUDSTERS



The advent of large language model (LLM) artificial intelligence systems such as ChatGPT could be a major boon for anti-fraud professionals – but as with any innovative technology, it must be handled with care as the risks are assessed, experts warn.…

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BANGLADESH’S FINISHING SECTOR SPREADS WINGS



Against the backdrop of a still growing apparel manufacturing industry, with a diversifying export portfolio and a billion-dollar local apparel market, the Bangladesh textile chemical industry is thriving. Indeed, locally-owned and international companies in this south Asian outsourcing hub are increasingly setting up plants to reduce their import-dependence for finishing chemicals.…

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EU/WTO ROUND UP – EU PROPOSES NEW GENETICALLY-ALTERED FOOD REGIME



The European Commission has proposed new legislation offering more flexibility to food technologists creating new foods based on altering the genetic structure of plants. A new suggested EU regulation would create streamlined controls for plants created by ‘new genetic techniques’ or NGTs, that are less rigorous than the existing assessments and restrictions undertaken for genetically modified (GM) foodstuffs.…

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GENERATIVE AI OFFERS CAN SECTOR SIGNIFICANT PRODUCTIVITY IMPROVEMENTS, BUT CARE IS NEEDED IN ROLL-OUT



The benefits of integrating artificial intelligence (AI) within the canned products industry are well accepted, from the deployment of robotic arms to move products on and off canning lines and pack cases, to AI solutions designed for predictive maintenance in canning factories.…

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TECHNICAL ROUND UP – IFAC CALLS ON EU TO BETTER DOVETAIL ESRS WITH ISSB



The International Federation of Accountants (IFAC) has called on the European Union (EU) to work with the International Sustainability Standards Board (ISSB) to better align new mandatory EU sustainability reporting standards with the ISSB model. IFAC wants ISSB standards to be a “comprehensive global baseline of sustainability disclosures”.…

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