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The director of business development of textiles and logistics major the Central American Group believes that CAFTA-DR trade agreement is playing a such a significant role in knitwear job creation in Central America, it could help reduce the wave of illegal migration to the United States.…

The fashion and textile industry is undergoing a major evolution, moving in just a few years from no legal framework to myriad sustainability regulations worldwide. And if clothing manufacturers want to meet legislative demands, the ability to trace all stages of their value chain is key.…

Vietnam’s ministry of industry and trade (MOIT) has released a draft amendment to the country’s Law on Chemicals. The draft amendment stipulates that all chemicals, including paint and coating ingredients, must be declared when imported through Vietnam’s National Single Window Information Portal.…

Bio-based oils and fats producers have an increasing business opportunity to supply feedstock to a booming bioplastics industry. While governments are proactively encouraging biodegradable bioplastics, following the United Nations’ Sustainable Development Goals’ (SDGs) policy of reducing standard plastics pollution (1), this green industry is still nascent.…

Suspicion is at the core of AML/CFT – investigating a transaction that appears unusual may lead to evidence of potential wrongdoing that can be incorporated into a suspicious transaction report (STR).

But as with any bedrock professional practice, there is a right and wrong way to work.…

Cryptocurrency scams are a serious threat and have plenty of room to grow in scale, yet the Association of Certified Fraud Examiners (ACFE) has warned in its latest biennial 2024 ‘Report to the Nations’ on occupational fraud that the proportion of swindles undertaken in the crypto sector has been shrinking.…

USA FIU the Financial Crimes Enforcement Network (FinCEN) has released detailed guidance on how Iran funds Middle East allies labelled as terror groups by Washington, such as Hamas, Hezbollah, Palestinian Islamic Jihad, Yemen’s Houthis and militias in Iraq and Syria.

Stressing that the Iranian government funnels funding through the Islamic Revolutionary Guard Corps (IRGC), FinCEN said revenues are generated by sales of commodities, especially oil, to countries eschewing western sanctions against Iran, such as China, which bought 1.3 million barrels a day during 2023.…

Artificial intelligence (AI) technologists have lauded rapid developments in AI drawing and design for finishers, citing the burgeoning technology’s ability to transform the digital textile printing sector. They point to improved creativity and efficiency as well as reduced costs and impact on the environment, but some in the sector remain sceptical about the degree and timescale of any impact.…

Chinese automaker BYD is claiming the key focus of its new planned plant in Mexico will be the domestic market, rather than exports to the USA and Canada. Speaking to Wards Auto, BYD’s general director in Mexico Jorge Vallejo said: “These days our focus is basically on the Mexican market.…