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Search Results for: Netherlands

10 results out of 1606 results found for 'Netherlands'.

BENELUX COSMETICS MARKET STILL STRONG BUT SALES CHANNELS ARE SHIFTING, SAY EXPERTS



SALES of cosmetics and toiletries in the Benelux countries (Belgium, the Netherlands and Luxembourg) may be steady, but these developed markets are shifting amid growing diversity in distribution. Products are increasingly bought online and in non-traditional channels such as budget, lifestyle and fashion stores.…

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EU POLICY PLANS TO SECURE EUROPE’S GAS – BUT NATIONAL ENERGY SOVEREIGNTY CONCERNS ARE BUBBLING UP



Efforts to safeguard the security of supply of gas to the European Union (EU) and its countries are gathering pace after recent EU regulatory changes. Gas transmission system operators (TSOs) are now developing a new, collaborative system for managing supply crises.…

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MALTA’S FAILINGS ON MONEY LAUNDERING UNDER THE SPOTLIGHT



The murder of graft-busting journalist Daphne Caruana Galizia in Malta on October 16 focused the world’s attention on the tiny Mediterranean tax haven and its failure to combat money laundering and corruption. 

But even before the murder, Malta was under fire for its shortcomings in tackling money laundering.…

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SENIOR UK THINK TANK CALLS TO BOOST IN AML/CFT CONTROLS FOR BRITISH MONEY SERVICE BUSINESSES



A SENIOR UK-based think tank has made detailed proposals to ensure Britain’s booming money services business (MSB) sector is better protected from abuse by money launderers and terrorist financers.

The Centre for Financial Crime and Security Studies, of the Royal United Services Institute (RUSI) highlighted National Crime Agency (NCA) claims that the 2,000 non-bank money remitters, currency exchange or cheque-cashing services registered in the UK help launder GBP1.5 billion (USD2 billion) of criminal proceeds annually.…

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AMLD COMPLIANCE LACKING AS EU STRIKES DEAL ON NEW RULES



THE EUROPEAN Union’s (EU) fourth anti-money laundering directive (4AMLD – 2015/849) was hailed as major step forward in combatting money laundering when it was adopted in May 2015, but member states are dragging their feet on compliance, just as the bloc moves towards adopting its fifth update.…

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BANGLADESH MAKING INROADS INTO LINGERIE AS CHINA SHIFTS GEAR



LURED by a shifting global market and better margins, Bangladesh’s apparel producers are rushing into the lingerie space, predicting Chinese manufacturers will secure fewer export orders for these lines as their costs rise.

This new niche opportunity for the Bangladesh industry is fortuitous, as it dovetails with the country’s textiles and clothing makers’ core strategy of moving from their traditional low-cost growth pillars, such as t-shirts, shirts, trousers, jackets and sweaters.…

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DRONES MAYBE THE FOCUS OF INITIAL CIRCULAR RUNWAY TESTS



THE CONCEPT of building circular runways with a slight camber to keep planes on the ground as they land and take-off, has received significant attention, but is the idea a practical solution to airport capacity problems? Practical tests on the idea are being discussed, with their use for drones rather than piloted planes maybe being the focus of initial assessments and prototypes.…

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RUSSIA TO INVEST USD200 MILLION IN BOOSTING DAIRY CATTLE BREEDING



RUSSIA’S ministry of agriculture is planning to invest up to USD200 million this year and next (2018-2019) in developing breeding stock and systems for the country’s dairy cattle industry. According to a ministry spokesperson, these plans will be implemented by experts at the ministry department of livestock, as well as some leading Russian research institutions in cattle genetics, although specific participants will be announced later this year.…

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NEW CONSUMER HABITS CONTINUE TO SHAKE UP ITALY’S BPC MARKET



MERGERS and acquisitions are always motors of change in the beauty and personal care product sector, and 2017 saw some significant shifts in the key Italian industry. Important acquisitions designed to extend product portfolios and boost market share included the move by Lombardy-based global leader in colour make-up and skincare Intercos to acquire leading contract manufacturer of skin-, hair- and body-care, Cosmint.  …

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EU COUNCIL ADOPTS CONTROVERSIAL MONEY LAUNDERING AND TAX FRAUD BLACKLIST



THE EUROPEAN Union (EU) Council of Ministers today (December 5) adopted a money laundering blacklist, bringing widespread criticism because the listing – designed to prevent tax fraud and evasion – only covers countries outside the 28-nation bloc. Despite the European Commission screening 92 jurisdictions worldwide, the final list of non-cooperative jurisdictions in taxation matters only contains 17 jurisdictions: American Samoa, Bahrain, Barbados, Grenada, Guam (another US territory), South Korea, Macau (a China special administrative region), the Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad & Tobago, Tunisia and the United Arab Emirates (UAE).…

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