Search Results for: component/search/netherlands

Speaking at the event on Friday (Feb 17), Mark Carney, UN special envoy for climate action and finance, and former central bank governor for the UK and Canada, said of the baseline: “It’s critical. You need compatible information.”  

Mr Carney stressed ongoing discussions between the ISSB and major jurisdictions, such as the EU (European Union), the USA and Japan, about the need for regulatory harmony.…

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).…

INTRODUCTION 

ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…

A disconnect is growing between some European jurisdictions and halal certification systems over the stunning of livestock, which has the potential to stymie the growth of halal meat production.

Since last December (2020), European Union member states have had a freer hand to impose stunning requirements, even on proponents of religious slaughter, including kosher as well as halal production, because of a European Court of Justice (ECJ) decision.…

When France’s fast-food chain O’Tacos (www.o-tacos.fr) announced in 2020 that it would be selling in Italy its halal-certified French-style meat and vegetable wraps, Italian Muslims took this as a sign that halal was going mainstream in their country. O’Tacos’ first Italian outpost will open in January 2022 in Rome (delayed by Covid-19) and more openings in 2022 are planned in major Italian cities, including Milan and Bologna, said Yassin Baradai, founder of Milan-based Meem Communication (https://meemcommunication.com/…

Fraud in the global halal food sector is emerging as a widespread problem. A series of scandals have rocked the industry worldwide, and shone a spotlight on the difficulty of eliminating non-halal practices from increasingly large and complicated food supply chains. …

Higher education institutions are being warned they could be a target for money laundering, with fees being financed by the proceeds of crime, including corruption, which might also buy property, cars and other items for students.

The problem has been highlighted in a series of reports.…

The European Union (EU) dairy industry is looking hard at the new Common Agricultural Policy (CAP) reforms that were approved in June to see if they deliver enough help to rejuvenate what has become an ageing industry. Currently only 11% of EU farmers are less than 40 years old, the European Commission notes (1), a problem highlighted at this year’s European Milk Board general assembly.…

The Polish can manufacturing and filling industry continues to attract attention from major buyers and investors from around the world, aware that this strong and innovating national sector is able to rely on a strong, reliable workforce.

Global beverage giant PepsiCo, for example, has been drawn to the Polish can manufacturing industry.…

While FATF’s mutual evaluation reports continue to show growing compliance with the organisation’s recommendations, concerns remain that the global AML/CFT system continues to fail in either preventing ML and TF or detecting and punishing such crimes after they are committed.

With FATF undertaking a strategic review since 2018, launched by the former China presidency and continued by the German presidency under Dr Marcus Pleyer, change in how the world fights ML and TF may emerge.…