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10 results out of 1486 results found for 'London'.
INTERNATIONAL REGULATORY ROUND UP - CAOBISCO APPEALS TO BRUSSELS AND WASHINGTON TO END FOOD TARIFF WAR OVER AVIATION SUBSIDIES
EUROPE’S confectionery and sweet bakery association CAOBISCO has been pressuring the European Union (EU) to resolve a long-running trade dispute with the USA over aircraft manufacturing subsidies causing Washington to impose tariffs on European food exports. These include 25% duties on exports from the EU (including the UK) of raspberry, strawberry, apricot, peach and other jams; cherries and peaches; sweet biscuits from Germany; waffles and wafers from Britain and Germany; and an additional 25% on these jams when exported from Germany and France.…
SECRETS OF A WINNING DUAL-CAREER ACCOUNTING COUPLE MODEL IN THE UAE
ACCA members Danish Sange and Amina Rafi reveal how their marriage has accelerated their professional growth and advanced their careers.
It is tough to separate work and home when you are married to someone with a similar profession.
But setting these boundaries has helped Danish Sange, manager at PwC Middle East, and his wife Amina Rafi, audit senior at Deloitte Middle East, make the most of their relationship.…
COVID-19 INSPIRES INNOVATION IN ONLINE REMOTE AML/CFT TRAINING
COVID-19 and the expansion of home-based working it has forged has posed significant challenges to AML/CFT training and mentoring. As a result, vendors, AML bodies and experts have been developing new services and strategies to ensure that AML officers keep their skills honed during the pandemic.…
UK GOVERNMENT NOVEL AML/CFT LEVY RAISES CONCERN AND MAY STRUGGLE TO SECURE INDUSTRY SUPPORT
THE QUESTION of whether governments should charge AML/CFT levies on designated professions and financial institutions to help fund public agencies fighting dirty and terror money flows is a sensitive topic, given STR designation already imposes operational costs on such businesses. Indeed, they may also have to pay for membership of bodies who assess their AML/CFT performance and of course fund government AML/CFT work through general taxation.…
AUSTRALIA: QUICK UPTAKE OF DIGITAL PRINTING TECHNOLOGY OFFER LOCAL DESIGNERS CHANCE TO TEST PRODUCTS
AUSTRALIA’S digital textile finishing market is small and therefore challenging compared to markets in Asia, Europe or the US. Australian fashion and fabric manufacturers usually outsource finishing to partners in Asia, notably in China or India, but use local digital print companies for smaller runs and sampling, said Romeo Sanuri, general manager Next Printing, which offers digital printing services to textile customers from Sydney.…
SOUTH AFRICAN DIGITAL TEXTILE SECTOR FIGHTS FOR LOCAL SALES, WITH COVID-19 BOOSTING COMPETITIVENESS AGAINST ASIAN FINISHERS
The South African digital printing sector has struggled over the past few years to compete with the lower prices of textile manufacturers from Asia, while the Covid-19 pandemic has hit the sector hard. But for the companies that have survived the disruption, business is getting back to normal, with the post-Covid 19 localisation trend of shorter supply chains giving orders a boost.…
UK SFO CHIEF CALLS FOR FAILURE TO PREVENT AND TIPPING OFF FRAUD TO BE CRIMES
The director of the UK Serious Fraud Office (SFO), Lisa Osofsky, has called for the introduction of new British offences criminalising failures to prevent fraud and tip off law enforcement about such crimes. In an October 8 speech on ‘Future Challenges in Economic Crime: A View from the SFO’ at the Royal United Services Institute (RUSI) in London, Osofsky ran through her “wish list for the SFO, if I had a magic wand”.…
COVID-19 SOFTENS BUSINESSES UP FOR MAFIA ML EXPLOITATION
The Covid-19 crisis has had many negative impacts, and one has been the undermining of legitimate businesses. In countries with strong organised crime traditions, this has meant more opportunities for money launderers to subvert hard-pressed entrepreneurs or take them over, to use their businesses as fronts for cleaning criminal proceeds. …
INDUSTRY EXPERTS PREDICT NEW WAVE OF VAPING REGULATION WILL ENCOURAGE CONSUMERS TO SMOKE MORE TOBACCO
Cigarette sales could be boosted by the growing challenges faced by vaping products, according to senior figures from the industry speaking to TJI. Certainly, the days when vaping products received a relatively clear pass in marketing restrictions are over in some jurisdictions.…
COVID-19 PANDEMIC HAS NOT JUST FORCED AMLOs TO WORK FROM HOME, BUT INCREASED THEIR WORKLOAD TOO, SAY EXPERTS
A SHIFT towards home-based work during the Covid-19 epidemic has raised multiple challenges for AML/CFT regulatory compliance departments, from changes in consumer behaviour that affects transaction monitoring, to digitally onboarding new customers, and heightened risks of illicit crime and fraud.
The first few months of the Covid-19 pandemic and related lockdowns this spring especially stretched financial institutions’ regulatory compliance departments to their limits, said Patrick Gerard Dahill, head of AML and financial crime recruitment at Barclay Simpson, in London.…