Search Results for: Research

The Mozambique government has proposed that companies, in the public and private sector, should be obliged to contribute 1% of their payroll to finance vocational education institutions in its country. The reason is that Mozambique companies and public bodies are struggling to recruit quality Mozambican graduates, forcing managers in ongoing major projects on gas and mining to hire ex-pats from the foreign labour market.…

How effective is the ongoing fight against money launderers and terrorist financers? AML experts are arguing that despite FATF’s increasing focus on effectiveness in mutual evaluation reports and its extensive data on jurisdictional compliance with its recommendations, more statistical indicators would be valuable.…

Consumers of athleisure and performance gear will drive demand for sustainability in this segment, before requirement in materials and industrial processes are mandated by regulations, textile industry observers have indicated. As a result, existing brands have been warned by market experts to focus on product development, facing competition from newcomers keen to capitalise on increases sales for this segment witnessed during the Covid-19 pandemic. …

While FATF assessments focus on the policy and regulatory response of governments, law enforcement and AML agencies in fighting dirty money, the fact remains that these efforts are undertaken by teams – and how these groups’ staff members work together and are managed underscores their effectiveness.…

Suspicious Activity Reports (SARs) are a crucial element in the fight against money laundering, terror finance and other financial crime. But with financial institutions filing defensively and some FIUs flooded with SARs, how can ‘good SARs’ make it to the front lines of law enforcement?…

With AML/CFT technology becoming ever more powerful and sophisticated, such as the development of artificial intelligence (AI) and machine learning to process and analyse data, the pressure on AML-obliged bodies to update their information AML/CFT technology (IT) systems is growing.…

The UN Human Rights Council passed a resolution on Sri Lanka on Thursday October 6 calling for accountability, human rights and reconciliation in this important clothing manufacturing outsourcing centre that has suffered from intense political and economic turmoil. There is growing international pressure on the new Sri Lanka government of President Ranil Wickremesinghe to promote calm (1) as the country grapples with financial shortages, logistical disruption and political legitimacy problems, worsened by widespread government corruption.…

Times might be tough in Italy, with annual inflation at 9.4% (in September) and sluggish growth of 2.5% projected for 2022 (OECD data), but Italians are drinking more coffee, including supermarket sales for home-brewed drinks.

In 2021, Italian roasted mass market retail coffee sales exceeded EUR1.3 billion overall, said IRI, up 1.1% year-on-year, driven by the single-serving pods and capsules and grains segments.…

The Chinese infant formula industry will hit a regulatory milestone in February (2023) with the introduction of new national standards first published last year (2021) by the country’s National Health Commission. These standards, including GB10765-2021 (1) promise to make labelling “more scientific”, thus improving quality of products.…

In recent years, Iranians have been driving growth in the Middle East’s cosmetics market, but worsening economic and political developments in Iran have restricted this growth. That has not deterred some personal care product companies, however, who continue to prosper in the country, whose market of 84 million people has significant potential.…