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1. Cypriot bank officials to present AML progress in U.S.

Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...

2. Cyprus bolsters anti-money laundering arsenal

The Cyprus government has reaffirmed its steadfast dedication to upholding international standards in combating money laundering and terrorism financing, as outlined in a press release by the Presidency of the Republic....

3. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

4. No more 'golden passports' amidst money laundering concerns

In a candid exchange, Cyprus's President, Nikos Christodoulides, responded to concerns raised by Ukrainian MP Oleksiy Goncharenko regarding the alleged use of Cyprus by Russian oligarchs for money laundering....

5. Deloitte Cyprus CEO on 65 years, challenges, and future strategies

Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....

6. Foreign experts join probe into corruption allegations

In response to revelations from the investigative report "Cyprus Confidential," experts specializing in sanctions violation and anti-money laundering (AML) from an undisclosed country are set to join the ongoing investigation in Cyprus, according to Government Spokesman Konstantinos Letymbiotis....

7. Nicosia to appoint sanctions czar

The Cabinet on Wednesday decided on a series of measures and actions for the coordination on issues related to sanctions, Government Spokesperson Constantinos Letymbiotis announced...

8. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

9. Cyprus improving its anti money laundering compliance

Cyprus has recorded some progress in improving its level of compliance with Financial Action Task Force (FATF) standards on combating money laundering and the financing of terrorism,...

10. MONEYVAL: Cyprus makes some progress in the fight against money laundering

Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....

11. Cyprus frets ‘pandoramonium’ overshadowing good work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

12. Justice Minister highlights government's efforts to fight corruption

The government of Cyprus is making continuous efforts to protect the country from corruption, justice minister Emily Yiolitis said Wednesday, noting that the government has undertaken a series of actions and pushed a bundle of new laws through the pipeline....

13. Comprehensive anti-corruption proposals in the pipeline

President Nicos Anastasiades will soon be presenting a package of proposals for the strengthening of transparency, accountability and the rule of law, deputy government spokesman Panayiotis Sentonas said Monday....

14. Cyprus takes a stab at Al Jazeera 'propaganda'

The daily publication of reports by the foreign media network Al Jazeera targeting the Cyprus citizenship-for-investment programme after gaining possession of over 1,400 leaked documents has sent the Cyprus government rushing to set the record straight....

15. Cyprus 'golden visa' scheme returns to spotlight

Cyprus’ controversial citizenship-by-investment scheme was thrust into the spotlight once again after the investigative journalism platform Organized Crime and Corruption Reporting Project (OCCRP) published an in-depth report on the granting of a ‘golden passport’ to a senior member of the Saudi royal family and six of his family members....

16. Interior Minister talks migration, Cyprus investment program with EU officials in Brussels

Interior Minister Nicos Nouris informed the EU Commission’s Vice-President Margaritis Schoinas on Cyprus’ needs and the issues the country faces in dealing with the increased flow of migrants, ahead of the presentation of relevant proposals by the Commission next month....

17. Cyprus 'golden passports' scheme a laundering risk, says watchdog

A European money laundering watchdog has cautioned that a secretive investment-for-passports programme run by Cyprus was vulnerable to money laundering and fraught with risk...

18. Moneyval eyes lawyers and accountants

19. Moneyval asks for regulation beyond Banks

20. CySEC: Cyprus securities market has grown over 169% since 2011

21. New directive on shell companies improves anti-money laundering practices