March 1, 2012
In February 2012, the European Parliament (EP) adopted the 'Regulation establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009' (the SEPA Regulation).
January 1, 2012
The urban transportation system in China is facing increasing pressure due to the rapid pace of urbanisation and motorisation. The rate of urbanisation in China has increased to 47 per cent in 2010, against 26 per cent in 1990, and is expected to reach 57 per cent by 2020.