Search Results for: Russia
10 results out of 1992 results found for 'Russia'.
FATF TO INSIST ON CENTRAL UBO REGISTERS, AS ITS PLENARY CONDEMNS RUSSIAN INVASION OF UKRAINE
FATF has agreed reforms to its Recommendation 24 on beneficial ownership, insisting that governments ensure UBO data is henceforth held by a public authority or central beneficial ownership registry. The changes agreed by FATF’s plenary last week also insist that competent authorities can rapidly and efficiently access UBO information.…
UKRAINE AND RUSSIA CAN SECTOR FACES MAJOR DISRUPTION THROUGH RUSSIAN INVASION
The Russian government’s bloody and destructive invasion of Ukraine has harmed operations of the metal packaging sector and their aluminium and steel suppliers in both Ukraine and Russia, having an international impact on the can manufacturing and filling industry. New records are being set for the international price of aluminium, up 28% in 2022, reaching USD3,849 per tonne (1) on March 4, then settling back to USD3,398, approximately level with the price following a spike that occurred on February 24, right after the invasion began.…
RUSSIAN CENTRAL BANK FUNDS FROZEN IN USA, EU AND UK
Russia today faced a further tightening of sanctions as its armed forces continued their unprovoked invasion of Ukraine, with the Biden administration freezing any Russian central bank assets held within the USA or by Americans. The same order has been imposed on funds owned by Russia’s National Wealth Fund and ministry of finance.…
MALDIVES PUSH FOR HALAL TOURISM LIKELY TO BOOST HALAL FOOD IMPORTS
The proactive move by the mainly Muslim south Asian archipelago of Maldives to boost halal tourism will make this country a larger market for halal-certified food imports. Imported food sold to its permanent population of 540,500 must be halal food under Maldives Food and Drug Authority (FDA) regulations, said Dr Abdullah Shiham Hassan a senior Maldives lawyer and past head of law in the faculty of Shariah law at the Maldives National University: “This is checked and monitored by the FDA regularly.” …
US, EU AND UK IMPOSE FURTHER SANCTIONS ON RUSSIA AS TANKS ROLL TOWARDS KIEV
The USA, UK and the European Union (EU) have moved to impose financial sanctions that are unprecedented in scope, as invading Russian armed forces seek to subvert and destroy Ukraine’s democratic government. America’s President Joe Biden announced Russia’s largest banks and financial institution would be banned from using US-based financial systems, and blocked Americans and their companies from lending money to major Russian companies.…
UK GLOBAL MONEY LAUNDERING HUB FAVOURED BY RUSSIANS
The UK is a global money laundering hub with inadequate enforcement and a “deeply flawed” compliance system, allowing British businesses to act as a ‘laundromat’ for suspicious wealth from Russia and other former Soviet Republics, according to the latest report from Transparency International UK (TI-UK).…
EU AND UK TO SANCTION PUTIN OVER RUSSIAN INVASION OF UKRAINE
The European Union (EU) last night (February 25) agreed a swinging package of sanctions against Russia as its military prepared to assault the Ukraine capital Kiev to press home its advantage in its unprovoked and bloody invasion. In an unprecedentedly swift decision for the EU – within one day of a proposal – foreign affairs ministers on the EU Council of Ministers decided to freeze any assets held in the EU by Russian President Vladimir Putin and his foreign minister Sergey Lavrov.…
WESTERN POWERS IMPOSE SANCTIONS ON RUSSIA OVER UKRAINE AGGRESSION
The United States, European Union (EU), Germany and the UK have reacted swiftly against Russian interests following its government’s recognition of independence of two breakaway republics in eastern Ukraine. The sanctions follow the announcement yesterday (Monday Feb 21) by President Vladimir Putin regarding the Luhansk and Donetsk People’s republics, into which he has openly sent Russian troops, as ‘peacekeepers’.…
TRANSPARENCY INTERNATIONAL WATCHLIST FLAGS NINE COUNTRIES – INCLUDING AUSTRIA AND AUSTRALIA
Transparency International has flagged nine countries, including two European Union (EU) member states – Austria and Slovenia – where it says in a February 3 blog (1) societies need to be on “particularly high alert” for corruption, highlighting declining efforts to fight graft.…
BOSNIAN HALAL FOOD PRODUCERS SEEK ADDITIONAL SALES IN OVERSEAS MARKETS
HALAL food producers from Bosnia & Herzegovina (B&H) are increasingly their competitiveness in European regional and worldwide food markets. This country, with 3.2 million inhabitants (https://data.worldbank.org/indicator/SP.POP.TOTL?locations=BA), of which more than 50% are Muslims, in 2006 established an Agency for Halal Quality Certification (https://www.halal.ba/index.php/en/pocetna/o-agenciji),…