Search Results for: Ireland

THE OUTGOING director general of the European Union (EU) anti-fraud office OLAF has stressed how his agency will continue to proactively fight fraud once the new European Public Prosecutors Office (EPPO) is established.

Giovanni Kessler, writing in the last OLAF annual report in his seven-year mandate, has stressed that his agency’s role will be important, now that just 20 out of 28 EU member states have decided to work with the EPPO.…

Donald Trump’s decision to pull the United States out of the 2015 Paris Climate Treaty will not halt moves to cut fossil fuels or reduce decarbonisation requirements on the non-energy minerals sector and other industries, say experts.

Trump called for a new “fair” deal that would not disadvantage US businesses and workers and claimed that China and India had “no meaningful obligations” placed on them by the agreement.…

TWENTY European member states agreed to set up a European Public Prosecutor’s Office (EPPO) under an ‘enhanced cooperation’ regulation agreed at the June 8 Justice Council after the EU as a bloc failed to gain the necessary unanimity on a European Commission proposal. …

DAIRY robots might seem like science fiction, but their use has increased dramatically in Europe over the last 20 years. Ireland’s Animal and Grassland Research and Innovation Centre (Teagasc) predicts 20% of cows will be milked automatically by 2020, with other reports citing a 50% rate in northwest Europe by 2025.…

WITH the UK having triggered Article 50 of the Treaty on European Union, starting the two-year countdown to its exit from the EU, maybe no group outside the UK has more at stake than Irish farmers.

“Brexit presents the most serious threat to Irish farming and our agri-food sector in the history of the state.…

Singapore will review its 80 bilateral agreements on avoiding double taxation to ensure they do not help companies avoid paying tax where relevant business activity took place. This follows its signing the Organisation for Economic Cooperation & Development (OECD)-sponsored Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.…

THE BANK of Ireland, one of the country’s major commercial banks, has been fined EUR3.15 million for persistent breaches of Irish anti-money laundering and combating the financing of terrorism (AML/CFT) rules over more than three years.

These penalties have been imposed by the Central Bank of Ireland because of 12 offences under Ireland’s Criminal Justice (Money Laundering & Terrorist Financing) Act 2010 between the year the law was enacted, most continuing on average until 2013, some until 2015.…

A LARGE new office block near the National Concert Hall in Dublin could be the ultimate statement that Ireland’s medical technology (medtech) industry has come of age. With large windows set into sandstone-coloured walls, the building will house the headquarters of Medtronic, the US giant which moved its headquarters to Ireland in 2015 as part of a USD42.9 billion acquisition of rival Covidien, also based in Ireland but from a similarly American corporate background.…

THE CENTRAL Bank of Ireland has fined Allied Irish Banks (AIB) EUR2.275 million for breaches of Ireland’s 2010 Criminal Justice (Money Laundering & Terrorist Financing) Act. The offences have been admitted by AIB. This follows a central bank inquiry that concluded commercial and retail bank AIB broke this anti-money laundering (AML) law for three years after it came into force, (in July 2010) on average – with breaches continuing until July 2014.…

EUROPEAN and French meat industry organisations are preparing to respond to China’s decision to lift its embargo on French exports of de-boned beef for animals. China is the second largest importer of beef worldwide: “We welcome the move in principle,” European Union (EU) farm body Copa-Cogeca’s secretary general Pekka Pesonen told GlobalMeatNews.…