Search Results for: World Trade Organisation

While The Bahamas has recently been subject to unwelcome publicity about financial crime being committed on its territory, courtesy of the Sam Bankman-Fried scandal, its government has steadily been undertaking solid work to improve its AML/CFT performance.

Bankman-Fried, or SBF as he is widely known, is facing ML charges in the USA, which was part of the reason he was extradited from The Bahamas in December (2022), along with securities and wire fraud charges associated with his stewardship of crypto-exchange FTX (1).…

Time was that whistleblowing laws were a novelty. No longer – they are increasingly commonplace in developed economy jurisdictions and offer a widening range of protections.

Take the USA. A bipartisan bill was proposed in March (2023) by Republican Senator Chuck Grassley and Democratic Senator Elizabeth Warren to strengthen whistleblower protections at the US Securities and Exchange Commission (SEC).…

FASHION sector companies, across the value chain, are making continued efforts to leverage the potential of new artificial intelligence (AI) systems to boost sustainability through reducing waste and optimising production.  

Apparel supply chain experts speaking to Just Style have stressed how leading brands from luxury to fast fashion retailers are investing in AI to improve the efficiency and sustainability of their business models.…

The advent of large language model (LLM) artificial intelligence systems such as ChatGPT could be a major boon for anti-fraud professionals – but as with any innovative technology, it must be handled with care as the risks are assessed, experts warn.…

Against the backdrop of a still growing apparel manufacturing industry, with a diversifying export portfolio and a billion-dollar local apparel market, the Bangladesh textile chemical industry is thriving. Indeed, locally-owned and international companies in this south Asian outsourcing hub are increasingly setting up plants to reduce their import-dependence for finishing chemicals.…

The European Commission has proposed new legislation offering more flexibility to food technologists creating new foods based on altering the genetic structure of plants. A new suggested EU regulation would create streamlined controls for plants created by ‘new genetic techniques’ or NGTs, that are less rigorous than the existing assessments and restrictions undertaken for genetically modified (GM) foodstuffs.…

The benefits of integrating artificial intelligence (AI) within the canned products industry are well accepted, from the deployment of robotic arms to move products on and off canning lines and pack cases, to AI solutions designed for predictive maintenance in canning factories.…

The US Inflation Reduction Act (IRA) is pushing the European Union (EU) and the UK into paying more subsidies to attract battery electric vehicle (BEV) and battery production to Europe.

While the UK’s Advanced Propulsion Center (APC) forecasts 5 million more BEVs globally by 2030, requiring 3,306 gigawatt hours (GWh) in batteries, (1), the US and China may benefit more in production terms.…

Higher education students worldwide have been pushing solutions to target the UN Sustainable Development Goals (SDG), a Higher Education Sustainability Initiative (HESI) global forum https://sdgs.un.org/HESI in New York heard yesterday (July 17).

Veronica Dzeagu, chief technical officer, All-Africa Students Union (https://aasuonline.org/…

The bounce back from Covid-19 lockdowns to the key south-east Asian economies of Malaysia and Singapore have seen robust growth in both countries, boosting paint and coatings sales, although the Malaysian market has some fragility this year.

Economic growth in both ASEAN (Association of Southeast Asian Nations) members have been robust with data from the World Bank showing Malaysia’s GDP expanding from USD337.34 billion in 2020 to USD406.31 in 2022 (1) – its population being 33.5 million people.…