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Search Results for: United Nations

10 results out of 4344 results found for 'United Nations'.

CAN MANUFACTURERS COMMITTED TO REMOVING ‘FOREVER CHEMICALS’ FROM PACKAGING, SAY EXPERTS



The international can manufacturing and filling industry is continuing to face increasing regulatory pressure regarding certain food contact chemicals, which while protecting cans against corrosion, may also harm consumer health and the environment.

Dubbed by environmental groups as ‘forever chemicals’ because they take so long to degrade, these substances include bisphenols, phthalates and PFAS (per and poly-fluorinated alkyl substances).…

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CRYPTO INTELLIGENCE TOOLS' VALUE TO AML/CFT EXPANDS AS VIRTUAL CURRENCY USAGE GROWS



There are undoubtedly vast amounts of data available through cryptocurrency blockchains for AML/CFT/CFP compliance, supervision and law enforcement, making increasingly available and sophisticated assessment tools more valuable.

Yong Li, Anti‑Money Laundering Advisor, for Canada-based consultancy The AMLShop, told MLB of the available crypto-ledger data: “Up to the end of last month, for Bitcoin it’s 596 gigabytes [GB] and for the Ethereum it is about 1,100 GB.…

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GOVERNMENTS PREPARE FOR LOOMING FATF FIFTH MUTUAL EVALUATION ROUND



As jurisdictions worldwide prepare for an imminent assessment by FATF or regional FATF-style bodies under a fifth round of scheduled mutual evaluation reports (MER), their governments will be parsing how these will differ from the fourth round of MERs

In short, according to a note from the Luxembourg office of international law firm Allen & Overy, FATF’s latest MER guidance, released in February (2024) (1), noted that MER5s will take six years, rather than earlier rounds’ average of 10.…

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ABET’S NEW PROGRAMME ASSESSMENT COURSES AIM TO BOOST EDUCATIONAL OUTCOMES



One of the core missions of ABET, a global, non-governmental quality assurance organization for post-secondary programs in engineering, engineering technology, computing, and applied and natural sciences is to increase awareness of the importance of outcomes-based education.

To achieve this, educational programs need to be carefully designed, developed, delivered and evaluated with a focus on learning outcomes – ensuring that students who complete an educational program are equipped to serve a global society in their fields.…

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CHINA BEV SUBSIDIES MAY FUEL SHORT-TERM PURCHASES, BUT SALES STAGNATION MAY FOLLOW, SAY EXPERTS



The Chinese government’s renewed efforts to pump prime its domestic battery electric vehicle markets (BEV) might boost already burgeoning sales in the short term, but it may herald a future flatlining of growth, a worrying sign for Chinese OEMs, industry experts have warned Wards Auto.…

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UNIVERSITY OF VICTORIA IN CANADA BROADENS ITS CLIMATE FOCUS TO WIDER SUSTAINABILITY GOALS



The University of Victoria (UVic), in Canada’s temperate rain forest zone, on Vancouver Island, British Columbia, has blazed a trail in integrating its education for sustainable development (ESD) with an expansive range of courses and activities, deepening its impact.

The 2024, the Times Higher Education (THE) Impact Rankings rated UVic as fifth worldwide in the world for supporting the UN sustainable development goal SDG13 on climate action; and fourth worldwide for helping promote SDG11 on developing sustainable cities and communities.…

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TD BANK BRACED FOR OVER USD3 BILLION IN MONEY LAUNDERING FINES



Canada’s Toronto-Dominion Bank (TD) is preparing for fines topping USD3 billion in the United States over major failings in its money laundering controls at several branches. Toronto headquartered TD announced on August 21 (1) that it was setting aside USD2.6 billion from third quarter earnings to pay expected US fines over past money laundering compliance failures, on top of another USD450 million reserved in the previous quarter.…

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BHUTAN MAKES PROGRESS ON AML/CFT BUT LACKS LAW ENFORCEMENT CAPACITY TO SECURE CONVICTIONS



The Himalayan state, the Kingdom of Bhutan, has been slowly improving its AML/CFT systems and legislation – while improvements are being made in adopting FATF-compliant policies and laws, there have been no ML or TF prosecutions. A mutual evaluation report (MER) from the Asia/Pacific Group on Money Laundering (APG), released last June (2023), concluded: “Bhutan has made progress in addressing the technical compliance deficiencies identified…” in past assessments.…

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FOOD INDUSTRY WORKING HARD TO FIND PFAS ALTERNATIVES, SAY EXPERTS



Food and drink industry regulators worldwide are tightening rules and guidance on reducing the use of per- and polyfluoroalkyl substances (PFAS), pushing food manufacturers to develop alternatives to this non-stick chemical used notably in microwave popcorn bags, grease-proof paper and plastic sandwich bags.…

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SWEDISH METAL PACKAGING SECTOR HAS BEEN LOSING TO CARTONS AND GLASS, BUT SUSTAINABILITY MAY BOOST FORTUNES



The Swedish metal packaging sector is trying to maximise recyclability and circularity, particularly in aluminium, as the country works to heighten food security and anticipate future challenges, including the government bolstering food stocks through commitments made when joining NATO.

Sweden’s Krone SEK356 billion (USD33.8 billion) food and beverages market has reported strong growth over the past three years, growing by 6.6% in 2022 on the previous year, according to the latest figures from state-run Statistics Sweden (Statistiska centralbyrån) (1).…

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