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AFTER years of sluggish growth and even contraction, the UK paint and coatings sector is set to rebound this year thanks to a booming domestic automotive manufacturing sector. However, this optimism has yet to be felt across the sector due to uncertainly the industry is facing ahead of Brexit.…

WILL Brexit increase money laundering through the UK, or will the British government’s October 2017 Sanctions and Anti-Money Laundering Bill (SAMLB) and the UK money laundering regulations 2017 adequately replace the European Union’s (EU) anti-money laundering directives (AMLD)?

British Labour member of the European Parliament (MEP) Claude Moraes has his doubts.…

TOBACCO farming in Kenya is facing challenging times, with Tobacco Journal International being warned by farmers, government officials and market researchers that large-scale cultivation of the crop has been declining for five years in its traditional western region heartland.

Experts say output decline has been noted in the administrative areas that have dominated Kenyan tobacco leaf production.…

UK Prime Minister Theresa May has signalled that the British government wants to seek associate membership of the European Chemicals Agency (ECHA) if the country quits the European Union (EU), as planned, on March 29, 2019. In a speech at the Mansion House, London the PM said: “We would, of course, accept that this would mean abiding by the rules of [EASA] and making an appropriate financial contribution.”…

SINCE the 2015 nuclear agreement between Iran and the USA, the UK, Russia, France, China, Germany and the European Union (EU), foreign financial institutions have – in theory – been allowed to do business with Iran.  But the reality – as ever with relations with Iran – is proving to be a good deal more complex.…

A new set of privacy-focused cryptocurrencies could offer criminals an opportunity to conduct illicit financial activities and evade anti-money laundering (AML) protocols, aided by an undeveloped patchwork of fragmented systems of regulation.

AML industry analysts have warned that urgent international action is required to curb cryptocurrency ML, with criminals increasingly switching funds between cryptocurrencies offering anonymity features, hindering the detection and identification of users.…

THE UNWILLINGNESS of UK law enforcement authorities to bring anti-money laundering convictions against companies and banks is likely to be the focus of a new House of Commons treasure committee investigation. Its MPs have asked for written evidence by May 8 on the scale of money laundering, terrorist financing and sanctions violations in the UK, how these crimes are carried out.…

INVESTORS at this year’s Prospectors & Developers Association of Canada (PDAC) convention have been voicing concerns that the supply of key minerals used to make batteries may not be able to keep pace with demand.

At an investors forum dealing with energy materials and technologies, a series of graphite, cobalt and manganese miners highlighted the increasing demand for the minerals, and the lack of sufficient supplies to meet future expectations.…

VIRGIN Atlantic has welcomed plans to build a third runway at London’s Heathrow Airport, calling it “once in a generation opportunity to radically transform airline competition at Heathrow.” And it hoped that that such an expansion would result in lower charges for passengers.…

UK Prime Minister Theresa May has signalled that the British government wants to seek associate membership of the European Aviation Safety Agency (EASA) if the country quits the European Union (EU), as planned, on March 29, 2019. In a speech at the Mansion House, London the PM said: “We would, of course, accept that this would mean abiding by the rules of [EASA] and making an appropriate financial contribution.”…