Search Results for: Ireland
10 results out of 1074 results found for 'Ireland'.
PLANNED EU RULING MAY REGULATE TATTOO INKS FOR THE FIRST TIME ACROSS EUROPE TO AVOID HEALTH RISKS
BODY artists in Europe may have to reconsider the pigments that they use in future, with the European Union (EU) drafting new rules that could regulate what chemicals can be used in tattoo inks. While today 12 out of every 100 Europeans are tattooed or have some sort of permanent cosmetic treatment, experts are increasingly concerned that these skin colouring agents may contain hazardous substances, known or suspected to have adverse health effects causing cancer, allergies or mutations.…
EUROPEAN COMMISSION APPROVES TAKE OVER OF GATWICK AIR[ORT BY FRANCE’S VINCI AIRPORTS
THE EUROPEAN Commission today (March 18) gave competition law approval for France’s VINCI Airports to take over control of London Gatwick Airport from current owner Ivy Topco Ltd, a Cayman Islands registered company.
The European Union (EU) executive, acting as the EU’s senior competition authority, approved the deal which would see VINCI acquiring 50.01% of the issued share capital of Ivy Topco.…
WELLNESS CONFECTIONERY PRODUCTS GROW PRESENCE AS CONSUMERS BECOME MORE HEALTH CONSCIOUS
While the confectionery industry is traditionally associated with high sugar levels and unhealthy indulgence, market research indicates that efforts to also appeal to consumers with a growing interest in health and wellness trends are paying off. According to UK-based market researcher GlobalData, in 2016 alone USD3.7 billion worth of confectionery with functional or fortified attributes was sold globally.…
MORE TECHNOLOGY, BETTER DATA AND INTERNAL CONTROLS ESSENTIAL TO FIGHT FRAUD, SAY EXPERTS
THE EUROPEAN Union (EU) should make more use of forensic accountants to combat fraud within its institutions, experts have underlined to Accounting & Business. The cost of fraud to EU spending programmes and revenue collection is eye wateringly high – costing more than EUR9 billion (USD10 billion) between 2002-2017 according to a January 2019 Organized Crime and Corruption Reporting Project report).…
IRISH ACCOUNTANTS SAY THEY CAN MAKE PUBLIC PROCUREMENT MORE EFFICIENT, IN WAKE OF NEW HOSPITAL SCANDAL
Few issues give Irish politicians as much grief as the health service. Perennial budget overruns and waiting lists have ruined several ministerial careers. But what should have been a good news story, the building of a new National Paediatric Hospital, in Dublin, has done perhaps the most damage.…
UK AND IRELAND SPEAK A COMMON LANGUAGE ON AML/CFT – BUT WILL BREXIT BRING DISCORD?
With their large financial services industries and open economies, the United Kingdom and the Republic of Ireland are conspicuously exposed to money laundering (ML) and terrorist financing (TF) risks.
Tough anti-money laundering (AML) and countering the financing of terrorism (CFT) policies are at the heart of their respective financial services regulations, yet both countries are regularly forced to fend off criticisms that they are not doing enough to tackle these problems.…
IRELAND’S BEEF PLAN TO BOOST PRODUCER AUTONOMY IS FAST ATTRACTING SUPPORTERS
Beef Plan – a movement put together by Irish suckler and beef farmers to fetch them better prices and more autonomy – is gaining momentum, the group’s spokesperson has told GlobalMeatNews.
The project that kicked off last September (2018), outside the structures of traditional farming organisation, and projected to last until 2025, is all about “getting control back to farmers” from the big beef buyers, empowering them to make good business decisions, said Beef Plan spokesperson Eamon Corley.…
INTERNATIONAL REGULATORY ROUND UP – BREXIT SPARKS CONCERN OVER RELATED EU IMPORT QUOTA REDUCTIONS
TRADING partners with the European Union (EU) are concerned about the EU cutting the size of low duty import quotas once Britain quits the bloc, which it is scheduled to do on March 28.
The EU has released detailed plans to reduce the amount of some goods it allows into the EU, to take account of Britain exiting the single European market.…
IRELAND’S ANTI-MONEY LAUNDERING LAWS AND THEIR IMPLEMENTATION IN SPOTLIGHT OVER RUSSIAN MONEY
It may not have been widely noticed internationally, but Dublin has become a key cog in the Russian economy’s financial system. That exposure – while profitable for the city’s accountants and lawyers – also risks becoming a liability due a lack of transparency over the source and use of funds.…
EU COUNTRIES FALLING SHORT ON BENEFICIAL OWNERSHIP MONITORING
EUROPEAN Union member states are dragging their feet implementing the fourth anti-money laundering directive’s (4AMLD 2015/849) beneficial ownership rules. Only five countries met the June 26, 2017, AMLD4 deadline for having an ultimate beneficial ownership (UBO) register under national law – Britain, Denmark, France, Germany and Sweden- according to the European Commission. …