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2401. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

2402. DP World Limassol agrees to revise policy

Transport Minister Yiannis Karousos has been promised a change of policy at DP World Limassol, with the company saying it would service more than two cruise ships in a given day following complaints...

2403. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

2404. Low denies central role in 1MDB scandal

Malaysian fugitive financier Jho Low, whose Cypriot passport came under scrutiny last year, says he was not the mastermind of the 1MDB scandal while confirming rumours he was offered asylum in an unnamed country...

2405. EY announces new solutions for the energy industry

EY announces new innovative digital solutions for the energy industry built on Microsoft Azure...

2406. Johnson on course to deliver swift Brexit

Prime Minister Boris Johnson won a resounding election victory on Friday that will allow him to take Britain out of the European Union in matter of weeks...

2407. House passes 2020 budget

The House of Representatives voted the state budget for 2020 on Wednesday evening with 29 votes in favour and 23 against...

2408. US arms embargo to be lifted on conditions

President Donald Trump will have discretion over a current US arms embargo imposed on Cyprus, as both Senate and House conferees have reached an agreement on the defence budget for next year...

2409. CITR Cyprus calls for modern insolvency rules

2410. Uncertainty reigns across international tax landscape

2411. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

2412. Jho Low movie gaining popularity

A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...

2413. Jho Low may have multiple passports

Reports suggest that fugitive financier Jho Low may be travelling on foreign passports while Malaysian authorities suspect he may be hiding in the Middle East...

2414. Cyprus pleased with sanctions against Turkey

The Republic of Cyprus is pleased with a framework regime for sanctions against Turkey, adopted formally by the Foreign Affairs Ministers council, making it possible for countries to place sanctions through asset freezes and travel bans...

2415. Cyprus tops the list of EU member states concerning absorption of EU Regional Development funds

Cyprus’ absorption capacity of EU Regional Development exceeded the EU average, Government Spokesman Prodromos Prodromou has said....

2416. Where is Malaysian fugitive financier Jho Low

There is plenty of speculation in the media over the whereabouts of fugitive financier Jho Low, with the Malaysian inspector general saying he could resort to “unorthodox methods” to get him back...

2417. Financier's Cypriot passport rocks the boat

A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...

2418. MAP S.Platis joins forces with global firm FTI Consulting

2419. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

2420. EU lawmakers reject Turkey's 'safe zone' in Syria, eye sanctions steps

European Union lawmakers on Wednesday condemned Turkey’s offensive to carve out a “safe zone” in northeast Syria and prepared the way for new EU financial sanctions against Ankara....

2421. Anti-Brexit protesters descend on London

Anti-Brexit protesters on Saturday used a bizarre array of humor to lampoon Britain’s leaders, casting Prime Minister Boris Johnson’s chief adviser as a manipulating devil behind a divorce that was the work of a privileged few...

2422. Last straw as Johnson heads to Brussels

European Union leaders’ two-day summit in Brussels starting on Thursday will be dominated by last-gasp efforts to seal a deal on Britain’s exit from the bloc despite a raft of other pressing issues, from the crisis in the Middle East to the bloc’s budget...

2423. Cambodia’s elite exposed through Cyprus

Golden visas are back in the news following reports that members of the Cambodian elite received or applied for Cypriot passports, with Reuters raising questions over the citizenship by investment programme...

2424. Tell-all interview with Christopher Pincher

Brexit would not change the relationship between the United Kingdom and Cyprus, according to British Minister Christopher Pincher, who gave a tell-all interview to Kathimerini Cyprus...

2425. Trump hopes to mediate between Turkey and Kurds

US President Donald Trump has put three options on the table for US action following heavy criticism and worldwide condemnation of Turkey’s military offensive in Syria...

2426. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

2427. Cairo summit underway

A summit held between Cyprus, Greece, and Egypt was taking place Tuesday in Cairo, with President Anastasiades drawing attention to international law amidst challenges posed by Turkish drilling off the island’s southern coast...

2428. Filipina in adoption case gets six years

A Filipina go-between in a gay adoption case, who was arrested on child trafficking charges, has been sentenced to six years in prison, while two men are still wanted by Cyprus police...

2429. Impeachment inquiry hits close to home

Congresswoman Maxine Waters says there is “absolutely” enough evidence to draft articles of impeachment against Trump, adding that she and other committee chairs can finish their investigations “before the year is out"...

2430. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...