Search Results for: South Africa

BY JULIAN RYALL, in Tokyo

THE HEADLINES in the Japanese press in recent months are likely to have

piqued the interest of anyone looking for a destination where ill-gotten

gains can be made to appear legitimate, let alone the concern of global

money-laundering authorities.…

BY JULIAN RYALL, in Tokyo

THE HEADLINES in the Japanese press in recent months are likely to have

piqued the interest of anyone looking for a destination where ill-gotten

gains can be made to appear legitimate, let alone the concern of global

money-laundering authorities.…

BY KEITH NUTHALL

A DIPLOMATIC row between Germany and Denmark could have important implications for future drink can recycling levies that might be introduced anywhere in the European Union (EU). Denmark has formally requested that the European Commission force the German government to restrict an annual cross-border shopping trade involving Danish consumers buying around 400 million cans of beer in Germany.…

BY KEITH NUTHALL

A BID by the Spanish government to secure more North Sea and Baltic Sea access rights for its fishermen has been thrown out by the European Court of Justice (ECJ). After Spain joined the European Union in 1986, it was given some special transitional access to these waters (from 1996), but these expired in 2002, leaving Spanish vessels – claimed Madrid – with unfairly limited quotas.…

BY ALAN OSBORN

INTRODUCTION

WE’RE barely a third of the way through 2006 but it’s already clear that the year is going to be a hugely important one for European Union (EU) legislation affecting both the alcoholic and non-alcoholic drinks industries.…

BY PAUL COCHRANE, in Cairo

WITH the fight against money laundering and counter terrorism financing relatively new to the Middle East (the first plenary session of the Middle East and North Africa Financial Action Task Force

– MENA-FATF – was only held last year), financial institutions from the US and MENA met in Cairo for a Private Sector Dialogue (PSD) conference to discuss the implementation of international regulations in the region.…

BY MONICA DOBIE

AMERICAN researchers are attacking a topical disease that kills thousands of people each year with an unusual and potentially alarming weapon – transgenic mosquitoes. Scientists from the University of California, Irvine, have managed to genetically engineer mosquitoes that are resistant to Type 2 dengue fever, the most common strain.…

BY KEITH NUTHALL

THE WEST African countries that have spearheaded the call for reductions in cotton subsidies at the World Trade Organisation’s (WTO) Doha Development Round have released a proposed formula guaranteeing these cuts are significant. If proposals tabled by the so-called Cotton-Four states Benin, Burkina Faso, Chad and Mali are accepted, cotton reductions would be deeper than cuts to agricultural subsidies in general.…

BY KEITH NUTHALL

A PRACTICAL and regional initiative to remove barriers in trading electricity between neighbouring European Union (EU) countries has been launched by the European Regulators’ Group for Electricity and Gas (ERGEG). It is grouping states’ regulators and utilities together to focus on regulatory and technical difficulties impeding cross-border sales of electricity for countries sharing frontiers.…

BY STEVEN SWINDELLS, in Johannesburg

THE FORTEEN countries of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) have their AML/CFT work cut out. Under-funded, lacking resources, short of political will and working in a region that leaks money like a sieve…it is a demanding context for the group’s daunting tasks.…