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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.…

The Kenyan government is being urged to strengthen the country’s backward linkages in clothing and textile production to ease poorer Kenyans’ reliance on imports of commercial second-hand clothing, factory and shop rejects.
Phyllis Wakiaga, chief executive officer at the Kenya Association of Manufacturers (KAM),  stressed to just-style how the textile, apparel and cotton sub-sector has been identified as a key priority, with the potential for high growth and economic impact.…

The UK Home Office has announced the relaunch of its Joint Fraud Taskforce (JFT), with its public-private sector partnerships charged with fighting a 24% rise in fraud during the Covid-19 pandemic (from March 2019 to 2021). (1) The relaunch was accompanied by the publication of new fraud charters “across the retail banking, telecommunications, and accountancy sectors”, said a Home Office communiqué.…

Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…

Researchers from England’s Lancaster University and Aston University, plus the Jožef Stefan Institute, Ljubljana, Slovenia, have developed a technique of making textile additives from spent nuclear fuel. They argue the system offers economic and environmental gains regarding the processing of waste, as well as substituting sodium dithionite, which can help form toxic gases.…

Ireland’s burgeoning medtech sector has supported changes in the latest Irish government budget, announced on October 12, which could boost investment and start-ups in this globally important Irish industry. The Fianna Fail-Fine Gail-Green coalition unveiled reforms to the country’s Employment Investment Incentive (EII) scheme, which grants tax exemptions to investors in industries such as medtech.…

INTRODUCTION

Think of finishing and some consumers may conclude that integrating chemicals with or within fibres will always be the most effective way to create a performance or protective textile. But the reality is that applying coatings to textiles and yarns is anything but superficial as a finishing technique.…

The increasing decriminalisation and legalisation of cannabis as a recreational and medicinal substance has encouraged the liberalisation of hemp as a fibre crop, whose use in some jurisdictions had been restricted because of laws against the plant’s chemically-active ingredients.

This is starting to change, most notably in the USA, which used to have severe anti-marijuana laws, but which now has 18 states that have legalised recreational cannabis use.…

Tunisia’s higher education system is split over whether to support the country’s President, now ruling by presidential decree without a suspended parliament, with earlier majority support for his summer takeover starting to ebb away.

When President Kais Saied took executive control of Tunisia in July, sacking the country’s former prime minister and freezing parliament, his actions were met with dancing in the streets, and attracted widespread student and academic support.…

Production of a new drop-in biofuel that is truly user-friendly for the USA automotive industry – especially for trucks and larger pick-ups – is expected to boom in the next three years, as major refineries for ‘renewable diesel’ come onstream.

While it uses the same soy or other bio-feedstock as traditional biodiesel, the manufacturing process is completely different, and it is popular for automakers because it can be easily substituted for fossil fuels without changing combustion systems.…