Search Results for: Netherlands
10 results out of 1606 results found for 'Netherlands'.
MYANMAR CLOTHING SECTOR LIKELY TO BE MAJOR LOSER FROM COUP, WARNS USA INDUSTRY ASSOCIATION
The president of the United States Fashion Industry Association (USFIA) has warned that the military takeover in Myanmar could spark a significant shift in sourcing away from this south-east Asian country if democracy is not restored promptly. Julia Hughes told just-style: “If there is not a quick resolution, then yes we would expect a major shift to other Asian suppliers.”…
GOVERNMENT LARGESSE TO EASE COVID-19 IMPACT TARGETED BY FRAUDSTERS
THE ONSET of Covid-19 has caused many fraud problems, but a particular difficulty has been fraudsters exploiting the unprecedented government largesse released designed to prevent economic collapse at the hands of the pandemic. In the UK, for instance, the House of Commons public accounts committee issued a report in October (2020), saying that Her Majesty’s Revenue & Customs (HMRC) had reported 8,000 allegations from employees that their employers – supposed to pay a lower level of wages to staff to receive furlough payments under the UK Job Retention Scheme – had not actually made these payments, or paid less than they should.…
EUROPEAN COUNTRIES PUSH FORWARD WITH KNOTTY PROBLEM OF PHASING OUT THEIR NUCLEAR POWER SECTORS
WHILE investment into nuclear energy continues, especially in emerging market countries such as China, in Europe, this sector continues to dwindle in size, with some key countries sticking to plans to phase out the technology.
Concerns about safety and the environmental cost of its waste have encouraged Belgium, for example, to stick to its goal, as laid down in a January 2003 law (1), of stopping any nuclear energy production within the country by 2025, experts have told Energy World.…
SAUDI ARABIA PAINT SECTOR VIEWS RECOVERY IN SHORT AND MEDIUM TERM AFTER COVID-19 PANDEMIC ENDS
The Saudi Arabian paint market is rebounding after a sluggish 2020, when sales declined due to an economic downturn caused by lower oil prices and the Covid-19 pandemic, as well the trebling of value added tax (VAT) across the kingdom. The World Bank has projected that this will cause a 5.4% contraction in national GDP, a highly unusual recession in a fossil-fuel rich country used to robust growth.…
EU LAUNCHES FIRST ‘EUDAMED’ MODULE, BUT MDR/IVDR BOTTLENECK REMAINS
THE EUROPEAN Commission on Tuesday (December 1) launched the first component of its behind-schedule IT system for registering certified medical devices, but an ongoing regulatory bottleneck could render many products impossible to certify for some time.
The first of six modules of its EUDAMED system will assign a ‘single registration number’ (SRN) to each medical device manufacturer, producer of procedure kits, importer, and a European Union (EU)-based representative of non-EU manufacturers.…
EGMONT GROUP LOOKS FOR NEW EU AML COORDINATION AND SUPPORT SYSTEM TO DELIVER PRACTICAL HELP TO FIUS
THE CHAIR of the Egmont Group, which links and advises financial intelligence units (FIUs) worldwide, hopes that a new European Union (EU) AML coordination and support infrastructure now under consideration for FIUs will help European FIUs deal with complex cross-border AML cases.…
EU COUNTRIES DRAGGING THEIR FEET OVER PUBLIC UBO REGISTERS
Many of European Union’s 27 member states appear to have been dragging their feet when implementing a key provision of the fifth anti-money laundering directive (5AMLD) (1), setting up a public ultimate beneficial ownership (UBO) register. The registers should have gone live for the corporate world on January 10, 2020, and two months later on March 10 for trusts.…
MEAT-LOVING RUSSIANS READY TO GIVE SUBSTITUTES A CHANCE
Traditionally a society of meat lovers, Russians are now developing a taste for vegetable and cereal-based products that reflect the taste and texture of meat – food manufacturers are eager to cater to this trend.
International companies have been entering this segment in Russia, while ambitious local startups are rapidly expanding their production capacities.…
NEW EU PUBLIC PROSECUTOR CALLS FOR GOVERNMENTS TO STEP UP TO THE PLATE ON EPPO
The European Chief Prosecutor (ECP) of the embryonic European Public Prosecutor’s Office (EPPO) has challenged the 22 European Union (EU) states (1) that have signed up to an enhanced cooperation pact underpinning its existence to properly fund the new institution. Without enough money, the EPPO will not be effective, ECP Laura Codruţa Kövesi told Fraud Intelligence.…
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.…