https://knews.kathimerini.com.cy/en/comment/opinion/restoring-a-wounded-reputation
Last March, a publication by the Financial Times revealed the move of three shareholders of PWC Cyprus to resign from the audit firm and establish the company Kiteserve. ...
https://knews.kathimerini.com.cy/en/news/fbi-agents-set-up-shop-in-cyprus
The Federal Bureau of Investigation is reportedly setting up shop in the Republic of Cyprus, with the move taking place as US-Cypriot cooperation has been expanding on multiple levels...
https://knews.kathimerini.com.cy/en/news/italians-come-clean-on-eastmed-gas
Turkey cannot be left out of the natural gas game in the eastern Mediterranean according to ENI’s newly re-elected CEO Claudio Descalzi, whose recent comments during a parliamentary hearing committee echoed latest developments but also gave credence to Rome’s previous doubts over Cypriot endeavors that bypass Ankara...
https://knews.kathimerini.com.cy/en/news/us-publishes-new-sanctions-list-with-cypriot-entities-raises-concerns
In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....
https://knews.kathimerini.com.cy/en/news/us-ambassador-stresses-urgency-on-cyprus-issue
The United States has been very clear in its support for a return to the negotiating table, in support of a Bizonal Bicommunal Federation with political equality, US ambassador to Cyprus, Julie Fisher said. ...
https://knews.kathimerini.com.cy/en/news/us-expected-to-release-new-sanctions-list-in-coming-hours
In a long-awaited move, the United States is anticipated to unveil a new sanctions list within the next few hours. ...
https://knews.kathimerini.com.cy/en/news/henry-kissinger-warns-of-looming-peril-u-s-china-tensions-and-the-ai-arms-race
U.S.-China tensions have been called a repeat of Cold War-era dynamics. But a more apt comparison may be the years preceding World War I when much of Europe was sitting on a powder keg of hostilities and overlapping territorial claims that required only two bullets to ignite. ...
https://knews.kathimerini.com.cy/en/news/latest-sanctions-list-revealed-no-new-cypriot-names-so-far
The UK announced a new sanctions list on Friday (19/05), which has been made public. However, as of now, there are no Cypriot names included in the list....
https://knews.kathimerini.com.cy/en/comment/opinion/sanctions-have-exposed-our-hypocrisy
The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...
https://knews.kathimerini.com.cy/en/news/police-keep-murder-plot-arrests-under-wraps
Cyprus Police are keeping a low profile on two arrests in connection with an investigation into a suspected murder plot, where a Russian journalist is believed to have been targeted over a dispute...
https://knews.kathimerini.com.cy/en/news/cyprus-praises-visit-by-us-guided-missile-destroyer
Cyprus Defence Minister, Michalis Giorgallas, has said that the call which class guided-missile destroyer USS Arleigh Burke paid on Wednesday at Limassol port, is a proof of the strong position which Cyprus has in the region...
https://knews.kathimerini.com.cy/en/comment/opinion/nationalism-the-big-winner-in-turkish-elections
He may have failed to get elected in the first round of the Turkish presidential elections, and that is obviously a blow to him, especially given his absolute control over the media, but Recep Tayyip Erdogan did not suffer the defeat that the West had hoped for. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-strict-adherence-to-sanctions-worries-legitimate-entities
Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....
https://knews.kathimerini.com.cy/en/news/over-1-2-billion-in-russian-assets-frozen-in-cyprus
Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, Cyprus’ Finance Ministry said Tuesday...
https://knews.kathimerini.com.cy/en/business/boc-chief-urges-sanctioned-entities-to-seek-exemptions-themselves
The CEO of the Bank of Cyprus, Panicos Nicolaou, expressed the view that individuals and entities subject to sanctions should seek exemption from international authorities in order for banks to allow payments from frozen accounts to business entities....
https://knews.kathimerini.com.cy/en/news/nicosia-scrambles-to-ease-burden-on-sanctions
The Registrar of Companies will accept requests from service providers to replace sanctioned persons with other persons, according to reliable sources...
https://knews.kathimerini.com.cy/en/news/wagner-leader-offered-russian-troop-locations-to-ukrainians-in-exchange-for-mercy
In an apparent escalation of Yevgeny Prigozhin's public feud with Vladimir Putin over his for-hire army, the leader of the Wagner mercenary group offered to sell out the locations of Russian troops to Ukrainian officials in exchange for their mercy on the battlefield, according to leaked intelligence documents....
https://knews.kathimerini.com.cy/en/business/rights-violations-raise-concerns-amid-sanctions
The Pancyprian Bar Association has expressed growing concerns over the violation of fundamental rights of both individuals and legal entities affected by the recent restrictive measures and sanctions imposed on April 12, 2023....
https://knews.kathimerini.com.cy/en/news/british-expertise-on-the-table-as-leo-docherty-speaks-to-kathimerini
In an interview with "K" newspaper, Leo Docherty, the British Minister for Europe, highlighted the British commitment to closer collaboration, emphasizing the range of areas where British expertise and cooperation can contribute to addressing issues such as combating illegal financing and exploring support structures for enforcement or addressing potential sanctions evasion. ...
https://knews.kathimerini.com.cy/en/news/turkey-faces-runoff-election-with-erdogan-leading
Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday's election but fell short of an outright majority to extend his 20-year rule of the NATO-member country...
https://knews.kathimerini.com.cy/en/news/turkey-becomes-largest-source-of-schengen-visa-applications
As Türkiye’s hopes for a near agreement for visa-free travel with the European Union Member States remain dim, the country has now become the largest source of Schengen visa applications, with Turkish nationals filing over 700,000 applications in 2022....
https://knews.kathimerini.com.cy/en/news/moscow-hopes-russian-fire-probe-leaves-nothing-out
Moscow says it is still waiting for official conclusions on what caused the fire at the Russian cultural center in Nicosia last month, with local media saying Cypriot officials were leaning towards an accident but no report has been finalized...
https://knews.kathimerini.com.cy/en/news/cyprus-wants-israelis-to-stop-venturing-into-island-s-north
Cypriot President Nikos Christodoulides raised during a visit to Jerusalem the issue of Israeli tourists and investors in the ethnically-split island’s northern part, amid reports that anti-Russian sanctions imposed by Nicosia were having a ripple effect on the local economy...
https://knews.kathimerini.com.cy/en/news/cyprus-in-solidarity-with-young-athletes-from-ukraine
About 140 children, athletes from Ukraine, can continue to play sports and train in Cyprus in the framework of the 'Olympic Dream' sports program, with the support of the KEPAKY - Andreas Sofocleous Foundation and the Ukrainian Charitable Foundation 'The future for children'...
https://knews.kathimerini.com.cy/en/news/non-compliance-with-us-sanctions-bad-says-cbc-governor
No impact to financial stability has been recorded so far by the US and UK sanctions against Cypriot persons and entities for assisting Russian sanctioned nationals apart from Cyprus’ credibility, Governor of the Central Bank of Cyprus Constantinos Herodotou said on Wednesday, noting that non-compliance would pose 'very negative consequences to the economy'...
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/president-announces-receipt-of-first-us-sanctions-list
Subtitle: ...
https://knews.kathimerini.com.cy/en/news/murdered-hooker-still-unnamed-as-friend-gets-jailed
More details have emerged in the brutal murder of a woman from Ukraine, with Cypriot police focusing primarily on a single male suspect while also arresting her female friend, a key witness who says she had booked an extended paid sex appointment for the victim on the night she was killed...
https://knews.kathimerini.com.cy/en/news/erdogan-s-reelection-will-lead-to-islamic-rule-across-the-globe-says-soylu
Turkey's top security official, Suleyman Soylu, has made a bold statement ahead of the country's upcoming elections, saying that if current President Recep Tayyip Erdogan wins, Turkey will restore its imperial legacy and impose its will around the globe. Soylu also added that Islam would rule the world....
https://knews.kathimerini.com.cy/en/business/it-s-surprising-how-little-was-frozen
Upon his arrival at Larnaca airport last Wednesday, Justice Commissioner Didier Raeder brought with him two pressing questions. Firstly, how is it that a country like Cyprus, which has been heavily infiltrated by Russian capital for several years, has only managed to freeze a mere 104 million euros worth of assets belonging to oligarchs under EU sanctions?...
