Search Results for: united nations⊂mit=Search

China’s fast fashion cross-border e-commerce fashion retailer Shein is little known within China but its profile overseas continues to rise, with Reuters reports estimating the company may have generated about Chinese Yuan Renminbi CNY100 billion (USD15.7 billion) in revenue in 2021 as the Covid-19 pandemic shifted global consumption online.…

Social media platforms and search engines are facing tough new sanctions after a new legal duty was added to the UK government’s Online Safety Bill to clamp down on fraudulent paid for adverts. The original draft provisions of the bill said search engines and platforms which host user-generated content, including text, video-sharing and live streams, were to have a duty of care to protect people from fraud, such as romance scams and fake stock market tips.…

With fraud levels booming – a PwC report released last May (2021) said 47% of more than 5,000 interviewees’ companies suffered an average of six frauds in the previous two years – anti-fraud professional salaries are growing. (1)

The Association of Certified Fraud Examiners (ACFE) will release its next anti-fraud sector salary survey in the summer, but Mason Wilder, an ACFE research specialist confirmed pay is “going up – as are most wages and salaries in professional fields”.…

NEW Zealand’s butter industry is thriving, despite the disruption of Covid-19 and now Russia’s invasion of Ukraine, with strong export demand particularly from China but also from other markets worldwide, especially in the ASEAN (Association of Southeast Asian Nations) bloc. Major exporter Fonterra is also looking ahead to a world that increasingly cracks down on carbon emissions, introducing the first carbon-zero certified organic butter made in NZ, reflecting how consumers are seeking more sustainability in their food purchases.…

A lack of renewable energy industry cybersecurity standards has seen green power producers “fly under the radar of regulation” when developing their systems and technologies, a senior US cyber-security consultant, and other industry experts, are warning. Peter Lund, CTO of Industrial Defender, a cybersecurity solutions provider for major utility and energy companies based in Massachusetts, USA, said these failings need addressing to avoid catastrophic outages, increased consumer costs or even crippled economies, as renewable energy becomes ever more important in power generation mixes.…

Steadily falling costs of digital textile printing in India and the country’s central government’s success in developing the specialised skills needed to operate these technologies are paving the way for modern inkjet printers to replace conventional printing techniques in this key Asian textile manufacturing centre.…

FATF has agreed reforms to its Recommendation 24 on beneficial ownership, insisting that governments ensure UBO data is henceforth held by a public authority or central beneficial ownership registry. The changes agreed by FATF’s plenary last week also insist that competent authorities can rapidly and efficiently access UBO information.…

While fraud investigators benefit from emotional smarts and intuition, the ability to dig into online open-source intelligence – or OSINT – offers new practitioners an excellent way to scope out targets before subjects or witnesses are interviewed face-to-face. Mason Wilder, a research manager at the Association of Certified Fraud Examiners (ACFE), stressed how OSINT has been developed by experts of different disciplines and backgrounds sharing techniques to deliver an “almost limitless wealth of information and techniques that are incredibly valuable to investigators and often available free of charge.…

Global haircare brands are starting to recognise a gap in the Muslim market as they launch products for hijab-wearing women and include them in marketing campaigns. L’Oréal’s Kérastase is the latest international brand to target this segment, having positioned its first anti-hair fall (loss) range, Genesis, to appeal to hijab-wearing women in Malaysia.…

Pakistan’s retail banking sector is tapping into demand for Islamic consumer finance from religious-minded Pakistani expatriates via a government-backed digital accounts facility that enables remote buying of a property and a car in their home country.

In September 2020, the central bank, the State Bank of Pakistan (SBP), allowed the 8.6 million non-resident Pakistanis (NRPs) to open a bank account in Pakistan through a digital and online process, without any need to visit a bank branch in person.…