Search Results for: Research

Suspicion is at the core of AML/CFT – investigating a transaction that appears unusual may lead to evidence of potential wrongdoing that can be incorporated into a suspicious transaction report (STR).

But as with any bedrock professional practice, there is a right and wrong way to work.…

Given suspicious activity reports (SARs) are a foundation of AML/CFT, good advice and training on how to research and write these documents is an essential element of fighting dirty money flows. A good quality SAR (or STR – suspicious transaction report) will contain information useful to law enforcement and obliged entity management, so writing them is a skillset that needs to be honed and kept up to date, requiring critical thinking and an investigative mindset.…

The International Federation of Accountants (IFAC) has unveiled proposed changes to its International Education Standards (IES) to embed sustainability analysis, reporting and assurance within professional accountants’ training. Key proposals include working with experts and in multi-disciplinary teams; introducing key sustainability reporting concepts, such as systems thinking, value chains and scenario analysis; and referencing relevant sustainability reporting and assurance standards.…

Cryptocurrency scams are a serious threat and have plenty of room to grow in scale, yet the Association of Certified Fraud Examiners (ACFE) has warned in its latest biennial 2024 ‘Report to the Nations’ on occupational fraud that the proportion of swindles undertaken in the crypto sector has been shrinking.…

A new Australian research hub has embarked on a mission to address the environmental challenges posed by the textile industry with funding from the Australian Research Council (ARC). The sector is one of the world’s largest polluters: textile finishing and dyeing processes alone account for a staggering one-fifth of industrial water pollution worldwide and contribute 3% of global carbon emissions, according to a European Parliament report.…

Private 5G networks are becoming increasingly important for textile manufacturers seeking to digitally transform their production processes. These networks enable wireless connections among various components and stages within the manufacturing environment, enhancing automated control and data collection capabilities.

Unlike in the realm of public 5G networks where telecommunication majors own all frequencies and make them accessible to whoever pays subscription fees, private 5G networks are usually owned by their users, disconnected from other networks and function only in a strictly defined local setting.…

The global snus market is facing change, with consumers switching within the segment from traditional moist snuff products to non-tobacco nicotine pouches while key consumer markets in Europe are being impacted by regulatory uncertainty.

“Moist snuff sales have been declining since 2018.…

Artificial intelligence (AI) technologists have lauded rapid developments in AI drawing and design for finishers, citing the burgeoning technology’s ability to transform the digital textile printing sector. They point to improved creativity and efficiency as well as reduced costs and impact on the environment, but some in the sector remain sceptical about the degree and timescale of any impact.…

Across the world, women are increasingly participating in what were in the past male-dominated sports such as boxing, football, rugby and ice hockey, creating new niche for performance and protective textile and apparel manufacturers.

In football (soccer in the US and Canada), for example, the number of female players worldwide increased by a quarter between 2019 and 2023, reaching 16.6 million, according to international governing body FIFA (the Fédération Internationale de Football Association) (1).…

new class of alternative leather materials that help regulate their own temperature and prevent overheating.

In an exclusive exchange with wtin.com, the New Taipei City-based Taiwan Textile Research Institute (TTRI) shared insights into its development of 80°F Thermostatic Microcapsules Ultra-fine Fibre Leather, which TTRI claims can maintain an a low temperature of 27°C (80°F), the ideal temperature for skin, according to the institute (1), for 40 minutes when it comes into contact with human skin.…