The administration of the breakaway region has drafted legislation to bring international funds into local banks, with few ...

Understand the implications of the Cyprus casino cash exemption bill as critics warn against risks to financial oversight and ...

The Cyprus parliament is scheduled to vote on the controversial casino cash exemption bill on March 27, 2025. The outcome ...

The Cyprus Securities and Exchange Commission (CySEC) welcomed the findings of a Moneyval report released a day prior regarding progress made in addressing money laundering and terrorism financing.

Additionally, Cyprus also failed to incorporate provisions on its jurisdiction “over the offence of money laundering”. As such, Cyprus and Greece have received a reasoned opinion to which they ...

Police are on Monday investigating a drug case in Limassol, involving cannabis. A 24-year-old man was arrested for the case ...

As of December last year, Cyprus's anti-money-laundering unit confirmed they had launched an investigation based on information given to them by Hermitage Capital. Other European countries have ...

The tax commissioner, the anti-money laundering unit (Mokas), the legal service, the Cyprus bar association, and the central bank positioned themselves against the proposal. In the course of the ...