Search Results for: Dominican Republic

It is no secret that sources of illegal proceeds of crime are manifold in the Philippines – witness President Rodrigo Duterte’s notorious campaign of state-sponsored killings, aimed at what he has claimed is an active industry of selling and trafficking illegal narcotics.…

A COOPERATION Agreement has been struck between the European Union (EU) and the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA) over the mutual development of satellite navigation. The deal commits the EU to creating an autonomous satellite-based augmentation service (SBAS) to help ASECNA, which coordinates air navigation in 14 African countries and Madagascar.…

Cases of African Swine Fever (ASF) are still very common in Russia, despite its continued ban on European Union (EU) pigmeat exports, imposed since January 2014 following a handful of cases in Poland and Lithuania. While outbreaks have continued in the EU, Russia – whose ban was imposed on live pigs, pork and pig products over fears importing ASF-infected meat and livestock, has from last July (2017) to today (January 30) notified to the World Organisation for Animal Health (OIE) around 2,800 ASF cases of domestic pigs, and 90 cases in wild boars.…

AFTER years of slow growth since 2008, eastern Europe’s now mature cosmetics and personal care market has continued to show marginal gains in products sales in the past year, according to experts.

The region’s cosmetics and personal care products sales edged to USD23.67 billion in 2017 from USD21.74 billion in 2016, counting sales in Poland, Croatia, Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Romania and Slovakia, Belarus, Bosnia & Herzegovina, Serbia, Slovenia, Macedonia and Georgia.…

China appears to be stepping up a gear regarding its fight against money laundering, judging by the propaganda campaign ongoing across the country this winter. Uniformed staff of the Postal Savings Bank of China have, for instance, been out on the streets of the city of Jian in Jiangxi Province, handing out leaflets to pedestrians warning about the dangers of money laundering.…

OECD SAYS 49 JURISDICTIONS WILL AUTOMATICALLY EXCHANGE TAX INFORMATION THIS YEAR

THE IDENTITY of 49 jurisdictions that will automatically exchange tax information in 2017 under a global standard has been revealed by the Organisation for Economic Cooperation & Development (OECD).…

With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…

Money laundering in South Korea (formally the Republic of Korea – RoK) has been associated by law enforcers with domestic criminals, official corruption and ethnic Koreans living abroad – which is not particularly unusual.

But, South Korea has an additional exposure to money laundering – its close and difficult relationship with the world’s most isolated pariah state – North Korea.…

COMPANIES and citizens defrauding European Union (EU) revenue collection (including customs duties and cross-border VAT fraud) and spending programmes, may from 2020 face direct criminal proceedings brought by a European Public Prosecutor. The EU Council of Ministers has approved establishing this new institution in 20 of the 28 EU member states – Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Germany, Greece, Spain, Finland, France, Italy, Latvia, Lithuania, Luxembourg, Portugal, Romania, Slovenia and Slovakia.…

DATA has been released by the Organisation for Economic Cooperation & Development (OECD) that shows how African governments collect less tax as a proportion of their countries’ wealth than in Latin America and the Caribbean. Africa’s average 2015 tax-to-GDP ratio was 19.1%; compared to 22.8% in Latin America/Caribbean and 34.3% for the 35 richer countries within the OECD.…