Search Results for: Irish

The is optimism within the Irish dairy industry that the acute trading challenges caused by Brexit may have abated thanks to the Windsor Framework deal between the European Union (EU) and the UK that amended the Northern Ireland Protocol. Producers and traders hope that the changes will give some certainty to an Irish dairy processing industry that relies on seamless transit across the Northern Ireland-Republic of Ireland border and onto Great Britain.…

The sustainability of the global fashion industry is coming under increased scrutiny. Concerns about how the industry uses water, chemicals and human labour, its greenhouse gas emissions and the mounting landfilling of ‘fast fashion’ disposables, have led politicians, sustainability activists and consumers to put pressure on the industry to change.…

A new national mandatory recycling regime announced last November (2022) (1) being introduced by Ireland’s government has local breweries shying away from canned beer formats.

“We wouldn’t consider cans now because the DRS [deposit return scheme] scheme is punitive in its execution,” said Richard Siberry, founder, GM and head brewer of Roscommon-based Black Donkey Brewing, a craft brewer with nationwide sales.…

TEXTILE companies will face deindustrialisation, relocation outside Europe and bankruptcy if they do not receive aid, including tax breaks or a gas price cap to help them deal with rising energy costs, European textile companies and governments have told WTiN. 

The European Apparel and Textile Confederation (Euratex on September 16 in a statement also signed by Eurocoton (the European Federation of the Cotton and Allied Textiles Industries), CIRFS (the European Man-Made Fibres Association), ETSA (the European Textile Services Association) and EDANA, representing non-wovens producers, welcomed European Commission president Ursula von der Leyen’s announcement of initiatives aimed to tackle the energy crisis.…

Irish accountants are actively helping clients understand the country’s Gender Pay Gap Information Act, in force from May 31 (1), requiring firms to publicly report gender pay gaps – and action to solve them – in their organisations.

Companies and advisors are concerned about the tight June-to-December timescale for reporting pay data, said Aoife Newton who leads KPMG’s gender pay gap (GPG) reporting services: “The timeline for reporting is very limited.…

The invasion of Ukraine by Russia risks undermining AML/CFT, said FATF in its post-plenary communiqué issued in March. (1) But how this unprovoked military action will disrupt the policing and detection of dirty money remains to be seen, noted Carol Van Cleef, chair of the blockchain and digital assets practice, at Bradley Arant Boult Cummings, Washington DC.…

AS the one-year anniversary (January 31, 2022) (WRONG) following the end of UK commitments to follow European Union (EU) law and treaties has just passed, food and drink companies have little positive to say about the extra red tape that has followed.…

Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…

Ireland’s burgeoning medtech sector has supported changes in the latest Irish government budget, announced on October 12, which could boost investment and start-ups in this globally important Irish industry. The Fianna Fail-Fine Gail-Green coalition unveiled reforms to the country’s Employment Investment Incentive (EII) scheme, which grants tax exemptions to investors in industries such as medtech.…

The European Court of Justice (ECJ) has broadened the potential impact from European Union (EU) protected designations of origin (PDOs) by ruling national courts can decide they have been breached if a trading name “evokes” an association with a protected drink (or food).…