Search Results for: Ireland
10 results out of 1074 results found for 'Ireland'.
BREXIT WOULD PUT IRISH MEAT EXPORTERS UNDER PRESSURE
MEAT and livestock sector specialists have warned that a possible British exit from the European Union (EU) could pose a significant threat to the industry in Ireland, should a Brexit restrict trades across the UK’s only land border. Overall Irish meat and livestock exports were worth EUR3.7 billion in 2015, according to the Irish Food Board (Bord Bia).…
MEAT INDUSTRY HAILS REOPENING OF US BEEF AND VEAL MARKET TO DUTCH EXPORTERS
The Netherlands meat sector is delighted that its beef and veal industry has won US government approval to export to America, after being blocked since 1998, when Washington imposed a ban on all European Union (EU) beef and veal exports because of BSE.…
COP-COGECA OPPOSES EU INITIATIVE TO CREATE NEW EUROPEAN ANIMAL WELFARE GROUP
Plans to establish a European Union (EU) industry, non-governmental organisation and regulatory advisory group, called an ‘EU Platform on animal welfare’ have been criticised by European farmers’ union Copa-Cogeca. This was despite the support given to the idea at yesterday’s (Monday Feb 15) EU Council of Ministers for agriculture, which debated the plan and released a communiqué saying the platform could boost co-operation between EU member states on animal welfare and broader sharing of information and best practice.…
INTERNATIONAL REGULATORY ROUND UP – VIETNAM AND EU TARIFF REDUCTIONS PUBLISHED
DETAILS have been released about tariffs to be scrapped regarding food and drink products exported and imported between Vietnam and the European Union (EU) under a trade deal struck last August (2015). The full text has now been released and shows how Vietnam’s emerging market of 89 million people will be opened to the EU’s food manufacturers.…
EU LAUNCHES NEW AML ACTION PLAN
THE EUROPEAN Commission has released a detailed reform plan designed to choke off the supply of money to terrorist organisations, including amending the recently agreed European Union (EU) fourth anti-money laundering directive (4AMLD). These proposals say that the EU should early this year adopt a blacklist of high risk third countries deemed deficient in fighting money laundering and terrorist financing.…
EU TAX AVOIDANCE PACKAGE IS COMPREHENSIVE AND MAY WORRY UK – BUT WHOLESALE REJECTION UNLIKELY
A COMPREHENSIVE legislative initiative launched by the European Commission on January 28, designed to restrict tax avoidance – especially by multinationals within the European Union (EU) – is likely to be influenced by the raw politics of the upcoming UK in-out referendum on EU membership.…
OECD SAYS GREEN REGULATIONS CAN OFFER ADVANTAGES TO TEXTILE MANUFACTURERS
A report released yesterday (Mar 10) by the Organisation for Economic Co-operation & Development (OECD) has advised textile manufacturers to support government efforts to tighten environmental rules, saying they are unlikely to cause a loss of business.
The report is an attempt to dispel the widely-held view that tighter environmental rules increase costs and damages business – especially in emerging market manufacturing hubs.…
ASIA REGULATORY ROUND UP - CHINA TIGHTENS MONEY LAUNDERING REPORTING REQUIREMENTS
CHINA’S central bank, the People’s Bank of China (PBC), has issued a new anti-money laundering and terror finance reporting requirements for all financial institutions inside the country. The rules come into force July 1. They cover banks, brokers, foreign exchange, online and mobile payment systems and insurance companies, who will have to file reports to the central bank, via their headquarters or via representative institutions, if a client requires daily cash transactions exceeding Chinese Yuan Renminbi CNY50,000 (USD7,261) or a larger amount of USD10,000’s worth in foreign currency.…
COSMETICS BRANDS AND RETAILERS JOCKEY FOR POSITION IN WEAKENING CHINESE ECONOMY
If the 2013 and 2014 were all about the rise of South Korean personal care product brands in China, then 2015 was the year that regional currency wars and weaker economic sentiment at home dictated how Chinese consumers spent on cosmetics and toiletries.…
ACCOUNTANTS EVER MORE TIGHTLY INVOLVED WITH ANTI-MONEY LAUNDERING SYSTEMS, CONFERENCE HEARS
Financial experts struck off for misconduct from professional bodies, such as the Association of Chartered Certified Accountants (ACCA), should be actively barred from working as accountants, a Brussels conference on ‘Fighting Money Laundering and Terrorist Financing: The Role of Accountants and Finance Professionals’ has heard.…