Search Results for: Netherlands
10 results out of 1606 results found for 'Netherlands'.
EUROPEAN DIRECTOR TRAINING VITAL TO SERVE ON A ‘FOREIGN’ BOARD
Significant European Union (EU) company law changes are set to add to the training challenge for non-executive directors who are working on boards outside their home country. The difficulties are compounded where flexibility for member states or companies to implement directives, regulations and recommendations adds local nuances to the know-how required to serve on a board in a jurisdiction with which a director is not previously familiar.…
ECJ SAYS AUTHORS SHOULD BE COMPENSATED FOR EBOOK PURCHASES BY LIBRARIES
A PRELIMINARY ruling at the European Court of Justice (ECJ) has said authors should be compensated for the lending of their electronic books by European Union (EU) public libraries similarly to traditional books – with one royalty per purchase, not every time an e-book is lent to a reader.…
EXPERTS DEBATE ADVANTAGES OF DIGITAL PRINTING AT MAJOR BRAZILIAN TEXTILE CONFERENCE
A DUTCH specialist in digital printing has told a major textile conference in Brazil that its textile finishing sector should embrace this technology, despite its higher costs. Rene Wolferink, application specialist at the Netherlands’ SPGPrints was speaking at the International Abit Congress, staged by the Brazilian Textile and Apparel Industry Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção), staged in São Paulo on June 1 and 2.…
SWIM GLOBAL CONNECTIVITY SHINES AT SESAR DEMONSTRATION
The goal of uniting Europe under a single sky of system-wide ATM interoperability, once an improbably futuristic idea, was given a tangible push forward at the SESAR Global Demonstration held in Rome on June 8 and 9. The two-day event, which took place at the Prototype Systems Centre of Italian civil aviation authority ENAV (Ente Nazionale per l’Assistenza al Volo), spotlighted the ways that System-Wide Information Management (SWIM) can simultaneously and seamlessly streamline ATM operations.…
BY LEE AUSTRALIA PLOTS TIGHTER RULES ON MONEY LAUNDERING AND TERROR FINANCE
A SWEEPING review of Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006, published in April 2016, has made more than 80 recommendations to tighten and extend the scope of this key piece of legislation. Among these are proposals to streamline due diligence obligations on the part of reporting entities while reinforcing auditing procedures, increasing the scope of the legislation to cover more professional categories and types of transactions and increasing surveillance particularly in the remittance sector.…
PHARMA SECTOR THINKS HARD OVER UPCOMING EU REFORM OF ORPHAN MEDICINE CONTROLS
Important changes in the way that the European Union (EU) deals with orphan medicines could be signalled later this year when the European Commission publishes a revised version of its 2003 Communication (policy paper) on the topic. The Commission has said wants to “streamline the regulatory framework” underpinning the assistance given to manufacturers of orphan drugs and to adapt the policy to “technical progress”, and asked for comments from the pharma industry and other interested parties on how it should proceed.…
EU SERVICES PASSPORT TO BE PROPOSED
THE EUROPEAN Commission has announced that it will propose a ‘services passport’ system by December 31, designed to simplify administrative procedures for service providers, such as accountants, auditors and bookkeepers, who want to expand to foreign member states. EU internal market, industry, entrepreneurship and SMEs Commissioner Elżbieta Bieńkowska said: “The cross-border provision of services in the EU is underdeveloped, in particular in the area of business services – such as accounting…” The passport system would give accountants more information, boosting legal certainty and clarity about relevant professional rules in another member state.…
EFFECTIVE ACCOUNTING IS ESSENTIAL TO FIGHT FRAUD, SAYS ACFE
Fraud is a fact of today’s ever more complex and increasingly online life – with financial fraud especially on the increase, the Association of Certified Fraud Examiners (ACFE) has made clear at its March 21-22 European Fraud Conference, in Brussels. Speakers highlighted that a typical organisation loses 5% of its annual revenues to fraud – a global loss of nearly USD3.7 trillion.…
BRUSSELS GOLD PLATES OECD BEPS PLANS WITH COUNTRY-BY-COUNTRY PUBLIC DISCLOSURE PROPOSALS
THE EUROPEAN Commission has once again gold plated the BEPS (base erosion and profit shifting) proposals developed by the Organisation for Economic Cooperation & Development (OECD), releasing country-by-country financial reporting proposals that go beyond the global think-tank’s ambitions.
Tabled for consideration by the European Union (EU) Council of Ministers and the European Parliament on April 12, in the wake of the Panama Papers scandal, the Commission’s proposals not only insist that all large multinationals publicly reveal aggregated earnings data for each EU country they operate in, and how much the earn outside the EU.…
OECD SAYS FDI UP TO PRE-RECESSION LEVELS
THE ORGANISATION for Economic Cooperation & Development (OECD) has released detailed data on global foreign direct investment (FDI) flows in 2015, noting these increased by 25% to USD1.7 trillion, their highest level since 2007. And while financial and corporate restructuring accounted for part of the increase rather than productive investments, FDI inflows within OECD member states almost doubled compared to 2014.…