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SMES : ACCOUNTANTS HIGHLIGHT GROWING FRAUD RISK.

Nov 06, 2009 ... Increasing levels of fraud and other types of financial crime are "one of the unfortunate consequences" of the current downturn, according to the Association of Chartered Certified Accountants (ACCA). John Davies, head of business law at ACCA, said, on 4 November, that recent figures from ...

EU/SOMALIA : ANTI-PIRACY MISSION IN NEED OF MORE FRIGATES.

Nov 06, 2009 ... The European Union's military commanders are appealing for more warships to boost the anti-piracy mission off the coast of Somalia, saying member states need to at least double their current commitments for the next year. "We need more assets for the Somali basin because of the size of the ...

BORG TO RECEIVE SWEDISH SEAFOOD AWARD.

Nov 06, 2009 ... Joe Borg, commissioner for maritime affairs and fisheries, has been nominated to receive the Kungsfenan Swedish Seafood Award, the European Commission announced, on 4 November. This prize is awarded every year in recognition of important achievements in sustainable fisheries and ...

COMPANY LAW : COMMISSION CONSULTS ON BUSINESS REGISTERS.

Nov 06, 2009 ... The European Commission opened, on 5 November, a public consultation on the interconnection of business registers of company information, such as legal forms, seats and legal representatives. The Commission aims to enhance cooperation between business registers improving access to business ...

EUROPEAN CENTRAL BANK : ECB IN RETREAT FROM CRISIS MEASURES.

Nov 06, 2009 ... The European Central Bank is to leave its main interest rates unchanged for the sixth month in a row, but has hinted that it could begin withdrawing emergency measures in December. Last May, the ECB reduced its main borrowing rate to a historic low of 1%, while its overnight ...