Search Results for: Ireland

BY MARK ROWE

THE FUTURE of the oils and fats sector globally may be shaped in the coming years by the emergence of synthetic biology, which is enabling scientists to create oils and fats with enhanced properties.

This new technology has been developed in the wake of advances in biofuel manufacture, as the United Nations, major energy companies, scientists and environmental organisations all seek to identify the sources of energy that will sustain a post-oil world.…

BY MARK ROWE

FOR the nuclear power plant industry, global economic crises can make for uncertain times. On the one hand, the long lead-in times associated with construction, along with copper-bottomed signed state contracts, should mean many projects continue as usual.…

By Alan Osborn

The world is not over-full of specialist academics at universities and colleges teaching anti-money laundering (AML) methods – but these important experts are out there if you look for them. Their low profile is partly because the subject is often subsumed into financial crime generally and partly because genuine AML skills can command a useful premium to banks and other major financial institutions better able to support lavish salaries and back-up systems.…

BY KEITH NUTHALL

IRISH consumer protection authorities have reported the withdrawal of American skin toning cream with vitamin E and sunscreen Clear-n-Smooth, saying its 2% hydroquinone concentration breaks the European Union’s (EU) cosmetics directive. EU product alert service RAPEX also noted the withdrawal from Irish cosmetics shops of Ivory Coast-made lightening body oil Peau Claire over illegal hydroquinone concentrations.…

BY KEITH NUTHALL

THE EUROPEAN Court of Justice (ECJ) has declared illegal under European Union (EU) competition law creating umbrella companies taking over food businesses with the expressed aim of reducing production of a particular foodstuff. The precedent-making ruling came with judges censuring the operation of Ireland’s Beef Industry Development Society Ltd (BIDS), formed in 2002 to unite most of the country’s beef processors.…

BY KEITH NUTHALL

THE OLD 15 member European Union (EU) will hit its Kyoto Protocol collective target of cutting greenhouse gas emissions by 8% for the period 2008-2012 from 1990 levels, but only by financing pollution cuts in poor countries abroad.…

By Keith Nuthall

In a sign that the credit crunch is not demolishing all long term thinking in the financial sector, France’s AXA insurance group has continued rolling out funding from a five-year Euro 100 million programme into innovative research exploring risk.…

BY ALAN OSBORN

THE EUROPEAN Union’s (EU) third money laundering directive should have been transposed into national legislation by December last year across the EU. But some EU member states and professional organisations have found its provisions difficult, particularly the introduction of a risk-based approach to the application of anti money laundering disciplines.…

By Alan Osborn

Many European academics and experts in the study of commercial crime are more than happy to discuss the state of play in the sector in an informal way with outsiders; others may be a little more cautious. But all are likely to suggest ways to gain further assistance.…

BY KEITH NUTHALL

THE EUROPEAN Commission has unveiled its operational programme for the European Fisheries Fund in Ireland, announcing that the European Union (EU) would be spending Euro 42.2 million on the Irish fishing sector from 2007-13. The EU spending is a significant reduction from the Euro 70 million spent in Ireland under the old Financial Instrument for Fisheries Guidance from 2000-2006.…