https://knews.kathimerini.com.cy/en/news/approximately-12-investigations-underway-by-the-independent-authority-against-corruption
Transparency Commissioner Harris Pogiatzis revealed that around 12 investigations by the Independent Authority Against Corruption are currently in progress, with results expected to be announced soon....
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/comment/opinion/affordability-urbanization-and-sustainability-how-real-estate-in-cyprus-greece-and-romania-will-evolve-by-2029
The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/comment/opinion/the-international-criminal-court-is-another-casualty-of-october-7
In 1998, at the time of the adoption of the Statute of the International Criminal Court, the head of Israel's delegation, Judge Eli Nathan, expressed both hope and fear for its future. ...
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-28-11-2024
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/cyprus-faces-schengen-conundrum-amid-unresolved-division
Cyprus remains caught in a political and logistical bind as Bulgaria and Romania prepare to join the Schengen free-movement area on January 1, 2025, according to a report by Kathimerini's Pavlos Xanthoulis....
https://knews.kathimerini.com.cy/en/news/cypriot-teens-top-europe-in-vaping
According to a report by Hector Georgiou, a recent ESPAD survey showed that Cypriot teenagers are among the top users of e-cigarettes in Europe....
https://knews.kathimerini.com.cy/en/business/greek-hoteliers-sue-booking-com-over-equal-pricing-rules
Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....
https://knews.kathimerini.com.cy/en/business/paphos-fc-owner-among-77-investors-stripped-of-golden-passports
Sergey Lomakin, owner of Paphos FC, is among 77 foreign investors whose Cypriot citizenship, obtained through the controversial "golden passport" scheme, has been revoked by the Council of Ministers....
https://knews.kathimerini.com.cy/en/business/spain-fines-ryanair-and-other-low-cost-airlines-€179m-for-abusive-practices
Spain's Ministry of Consumer Affairs has slapped five major low-cost airlines with hefty fines totaling €179 million for a range of alleged abusive practices, including charging extra fees for hand luggage. ...
https://knews.kathimerini.com.cy/en/business/yet-another-contractor-get-axed-over-major-project-delays
Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....
https://knews.kathimerini.com.cy/en/business/cyprus-cracks-down-on-prolonged-standing-in-workplaces
Cyprus is stepping up efforts to protect workers from prolonged standing at their jobs, with a nationwide inspection campaign and stricter enforcement of new legislation aimed at improving workplace conditions....
https://knews.kathimerini.com.cy/en/news/cyprus-police-join-european-crackdown-on-unsafe-truck-and-bus-driving
Cyprus Police will step up roadside inspections on truck and bus drivers from Nov. 11 to 17 as part of a Europe-wide initiative to reduce traffic accidents and promote safer roads. ...
https://knews.kathimerini.com.cy/en/news/eu-probes-€101-million-grant-in-vasilikos-project-and-cyprus-officials-role
The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape
The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish
Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....
https://knews.kathimerini.com.cy/en/business/prognosys-solutions-celebrates-20-years-of-innovation-and-leadership-in-regulatory-compliance
Prognosys Solutions, the leading provider of regulatory reporting solutions for the banking and financial industries in Cyprus, celebrated its 20th......
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/news/us-urges-tighter-oversight-of-cypriot-service-providers-to-combat-financial-crime
Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...
https://knews.kathimerini.com.cy/en/news/cyprus-abolishes-planning-permission-for-low-risk-developments
According to a report by Kathimerini's Pavlos Neophytou, effective October 2, 2024, Cyprus will eliminate the need for planning permission for low-risk developments, such as the construction of one or two residential units. ...
https://knews.kathimerini.com.cy/en/business/the-rise-of-applied-regulatory-compliance-from-theory-to-practice
As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...
https://knews.kathimerini.com.cy/en/news/illegal-construction-raises-concerns-at-latchi-tourist-site
Authorities are grappling with a series of planning violations at a tourist complex in Latchi, Cyprus, being developed by Israeli interests....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-wins-transfer-pricing-firm-of-the-year-for-the-sixth-consecutive-year-and-charalambos-palaontas-recognized-as-leading-practitioner
EY Cyprus has once again been named Transfer Pricing Firm of the Year by the International Tax Review (ITR), marking the sixth consecutive year the firm has received this prestigious recognition. ...
https://knews.kathimerini.com.cy/en/news/eu-cuts-funds-to-hungary-over-unpaid-asylum-fine
The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....
https://knews.kathimerini.com.cy/en/news/calls-to-reduce-fines-for-late-ubo-submissions-in-cyprus
High fines have spurred companies in Cyprus to comply with the submission of beneficial ownership details to the Company Registrar's Beneficial Ownership Register.
...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
