Search Results for: London

BY MARK ROWE

CHINA has spent the past 15 years playing catch-up with the developed world by building skyscrapers and demolishing its old hutongs and alleyways. It has been accused by cultural organisations of taking the view that, in order to justify its existence everything must have an economic means and end.…

BY DEIRDRE MASON
IRELAND’S Celtic Tiger economy may have lost a little of its bounce recently, with double-digit annual growth figures no longer predicted. However, the beast is still in fine fettle, as a recent Organisation for Economic Cooperation and Development (OECD) observer report notes: “The economy has bounced back.…

BY KEITH NUTHALL

A EUROPEAN Court of Justice (ECJ) has rejected a British government attempt to strike down a EU regulation controlling smoke flavourings in foods. London unsuccessfully claimed that the law was based on legally flawed EU treaty interpretations.

ENDS…

BY DEIRDRE MASON, in London

THE EUROPEAN car industry is putting itself in a strong position to tackle competition from rising economies, a leading UK automotive industry expert told wardsauto.com.
Speaking after the European Union (EU) launched its CARS 21 roadmap for a competitive automobile industry, Professor Garel Rhys, director of the Centre for Automotive Industry Research at Cardiff University, Wales, said: “Our product has renewed itself.…

BY DEIRDRE MASON

IRELAND’S Celtic Tiger economy may have lost a little of its bounce recently, with double-digit annual growth figures no longer predicted. However, the beast is still in fine fettle, as a recent Organisation for Economic Cooperation and Development (OECD) observer report notes: “The economy has bounced back.…

BY LIZ HALL, in Alicante

SINCE March 2005, Operation White Whale, an extensive international anti-money-laundering operation spearheaded by the Spain’s National Police (the Policia Nacional), has produced the arrest of 57 people and the laundering of at least Euro 250 million euros obtained through illegal drug trafficking, according to Spain’s Interior Ministry (Ministerio del Interior).…

BY KEITH NUTHALL
THE EUROPEAN Commission has fired a shot across the bows of European Union (EU) professions that have tough entrance restrictions and limit competition amongst qualified experts, from lawyers, pharmacists and accountants to notaries, engineers and architects. EU competition Commissioner Neelie Kroes’s speech at a British government-organised seminar in London this week (21-11) comes as the Commission is holding a competition review of professional services.…

Keith Nuthall
THE EUROPEAN Commission has tasked an expert panel with examining whether the European Union (EU) should have legislation limiting the liability of auditors in the case of another huge accounting scandal, such as with Italy’s Parmalat. British members of this European Forum on Auditors’ Liability will include Eric Anstee, CEO of the Institute of Chartered Accountants in England and Wales; PwC partner Peter Wyman; and Samantha Barrass, London Investment Banking Association director.…

BY KEITH NUTHALL
THE EUROPEAN Commission has warned European Union (EU) legal professions it may act against tough entrance restrictions and rules limiting services offered by qualified lawyers. EU competition Commissioner Neelie Kroes’s speech at a British government seminar in London this week (21-11) comes as the Commission stages a competition review of professional services.…

BY ALAN OSBORN
A REPORT issued this summer by the world’s top anti money laundering body, the Paris-based Financial Action Task Force (FATF), has highlighted the peculiarities of the insurance industry as a vehicle for money laundering. The FATF’s “Money Laundering and Terrorist Financing Typologies 2004-5” analysed 94 reported cases of money laundering involving the insurance industry between 1999 and 2003.…