Search Results for: World Trade Organisation

An executive of an unregistered university in Malawi has been convicted and fined, the first legal fruit of a government crackdown launched in 2022.

Tuweh Gusto Gadama, 55, on January 17 (2024) was ordered by Principal Resident Magistrate Rodrick Michongwe, sitting in the capital Lilongwe, to pay Malawi Kwacha MWK3.4 million (USD2,000) for operating higher education institutions illegally.…

The seizure of criminal proceeds has been a policy priority of the current Singaporean presidency of FATF (the Financial Action Task Force) (1). But while it and jurisdictions such as the European Union (EU) are developing reforms to boost asset recovery, more change is needed for this tactic to become a truly effective weapon against organised crime.…

3D printing technology has been fuelling innovative designs, performance enhancements and sustainability credentials in the sports footwear industry. Customer personalisation is an increasingly popular innovation, using data from foot scans to calibrate the printing machines.

Also, sustainability benefits claimed for 3D printed shoes are growing in effectiveness for marketing as brands seek to reduce their environmental footprint.…

Iraq’s paint and coating sector is benefitting from a surge in construction as the country rebuilds its infrastructure, resumes stalled projects, and embarks on newbuild and expansion projects.

The country is experiencing its most politically stable period since 2003 and amidst this transformation, construction is booming.…

Nearly two years since Russia invaded Ukraine, the global sunflower oil and seeds sector is still under pressure from supply-side shocks, restricting short-term growth of the sector. Despite an overall growth in global production of sunflower oilseeds, experts warn of difficult conditions for crushers and growers faced with decreased profitability and stiff Russian competition.…

AML experts are increasingly concerned that jurisdictions worldwide are still failing to act against key enablers of money laundering, such as lawyers, trust and company service providers (TCSPs), accountants, estate agents, casinos and luxury goods traders, who ask no questions or ignore money laundering (ML).…

The European Court of Justice (ECJ) has rejected a legal bid to trim the power of cross-border criminal investigations launched within the European Union (EU) by the European Public Prosecutor’s Office (EPPO). The ECJ was asked to intervene in an Austrian case brought by

German traders accused of smuggling biodiesel into the EU.…

Treasurers operating in the European Union (EU) are being offered a regulation that could help them assess which environmental, social and governance (ESG) ratings providers to use, when evaluating the sustainability performance of their own companies, potential commercial partners and investors.…

Governments worldwide are thinking hard about cushioning impacts from the shift to EVs on auto companies, their suppliers and workers, avoiding political and industrial relations blowbacks from related job losses, plant closures and, sometimes, labour shortages.

In Europe, American and locally-owned auto companies have been, with labor unions, pressing European Union (EU) lawmakers for more funding and specialist programs to ease the ICE to BEV switch in automaking regions.…

Fraud remains rampant in China. And with the government cracking down on corruption, swindles and scams are politically sensitive. Mark Godfrey has investigated the latest trends for Commercial Crime International.

The Chinese communist party is always sensitive to public opinion, aware that its hold on power depends on delivering efficient governance and strong economy.…