https://knews.kathimerini.com.cy/en/business/kpmg-unveils-impact-plan
KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...
https://knews.kathimerini.com.cy/en/news/15-law-firms-being-audited-for-involvement-in-golden-passports
Interesting new details on the involvement of law firms in the island’s disgraced citizenship-by-investment programme were presented before the Investigative Committee by the head of the Cyprus Bar Association, Christos Clerides....
https://knews.kathimerini.com.cy/en/news/dueling-small-parties-help-pass-budget
The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...
https://knews.kathimerini.com.cy/en/comment/opinion/smoothening-the-cliff-edge-in-eu-uk-relations
The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....
https://knews.kathimerini.com.cy/en/news/sms-system-returns-as-cyprus-enters-three-week-lockdown
Cyprus Health Minister Constantinos Ioannou announced the new restrictions agreed upon by the Cabinet on Friday, which include a clampdown on unnecessary movements, and social and professional gatherings....
https://knews.kathimerini.com.cy/en/news/eu-to-buy-extra-100-mln-doses-of-pfizer-biontech-vaccine
The European Union will buy an extra 100 million doses of Pfizer and BioNTech's Covid-19 vaccine, bringing the total from the two firms to 300 million doses, European Commission President Ursula von der Leyen said on Tuesday....
https://knews.kathimerini.com.cy/en/news/report-says-ministry-was-shuffling-papers
An initial redacted report on golden passports made public in the Republic of Cyprus on Tuesday painted a picture of an Interior Ministry serving as a “filing office” without ability to examine cases in any meaningful way, with opposition crying foul over the committees’ selective method...
https://knews.kathimerini.com.cy/en/news/report-on-passport-scheme-to-be-released-president-says
President Anastasiades said the report of the investigative committee spearheaded by Securities and Exchange Commissioner Demetra Kalorigou on the island’s disgraced citizenship-by-investment program will be released next Tuesday....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-sponsors-3rd-anti-fraud-conference
EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...
https://knews.kathimerini.com.cy/en/news/golden-passport-findings-hard-to-come-by
The president of the Cyprus Bar Association says he has received adequate information from the audit office in connection with golden passports, adding that other agencies and officials have refused to share their findings citing direct orders from the interior minister...
https://knews.kathimerini.com.cy/en/business/kpmg-survey-shows-biodiversity-related-risk-remains-under-reported
While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...
https://knews.kathimerini.com.cy/en/news/cypriot-police-scolded-again-over-spy-van
The Supreme Court in the Republic of Cyprus has recalled an arrest warrant for Avraham Shahak Avni, a Jewish community leader who is implicated in the spy van probe, ruling that police had no reasonable basis to detain a man who had been otherwise cooperating with authorities from the get-go...
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-to-regulate-lobbying
Debate on a legislation proposal that would regulate lobbying in the Republic of Cyprus will continue next year, when parliamentary elections will be in full swing, after the justice ministry introduced amendments to reconcile transparency rules with realities of politicking on the island...
https://knews.kathimerini.com.cy/en/business/kpmg-survey-companies-see-climate-change-as-financial-risk-but-disclosure-quality-must-improve
56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...
https://knews.kathimerini.com.cy/en/news/experts-assist-in-cyprus-spy-van-probe
Following months of sluggish investigation into Cyprus’ spy van, police investigators are reportedly in the process of drafting their final report while another expert is due to arrive on the island to lend a hand...
https://knews.kathimerini.com.cy/en/business/kpmg-announces-it-will-be-net-zero-carbon-by-2030
KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...
https://knews.kathimerini.com.cy/en/news/elusive-businessman-with-cyprus-ties-pops-up
The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/foreign-investors-rush-to-meet-deadline
Days before Cyprus’ Citizenship by Investment Programme is set to go offline, interior ministry officials and paralegals kicked things into high gear to handle the last batch of petitions by foreign investors before the programme ends on Sunday...
https://knews.kathimerini.com.cy/en/business/appointment-of-directors-principals-senior-manager-in-k-treppides-co
The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...
https://knews.kathimerini.com.cy/en/news/president-defends-block-on-audit-office
President Nicos Anastasiades invoked the Constitution during a televised interview, saying the job description of the auditor general, who is currently seeking information on foreign nationals linked to a casino project, does not authorize him to 'have a say in everything'...
https://knews.kathimerini.com.cy/en/business/megatrends-that-will-shape-the-future
EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...
https://knews.kathimerini.com.cy/en/news/antonis-polemitis-at-digital-agenda-cyprus-summit-2020
Mr. Polemitis has two decades of experience in higher education, private equity, and software development. He has a deep understanding of global higher education, having served as a CEO, investor, board member, instructor and technology developer in the field. He has been a principal or advisor for a broad range of corporate financings in the United States, Europe, Latin America and India, ranging from multi-billion dollar industrial buyouts to early stage venture capital. He has also led the development of high-scale cloud-based technology platforms in multiple industries....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-glimmer-of-hope-with-chevron
The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...
https://knews.kathimerini.com.cy/en/news/cyprus-and-russia-come-to-terms
It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...
https://knews.kathimerini.com.cy/en/business/minthis-property-collection-and-the-design-diversity
Pafilia is always at the forefront of innovation in the real estate market thanks to its visionary approach and determination to push boundaries. With the recent launch of a new collection of residential designs at Minthis, collectively called Topos, they have once again set new industry benchmarks and further diversify the product range at this holistic lifestyle destination....
https://knews.kathimerini.com.cy/en/news/foreign-students-arrested-as-visa-debate-rages-on
Police officers and immigration agents raided establishments in Paphos on Sunday, arresting two international students who were found working without authorization, with critics calling on the state to ease restrictions and allow off-campus work...
https://knews.kathimerini.com.cy/en/news/cyprus-must-remain-successful-in-battle-against-virus-health-minister-says
Cyprus has been successful so far in controlling COVID-19 but needs to remain so, said Health Minister Constantinos Ioannou, noting that the EU must improve the overall quality of its healthcare services to be better positioned to deal with issues like COVID-19 in the future....
https://knews.kathimerini.com.cy/en/news/cyprus-police-pick-up-pace-in-spy-van-probe
The surveillance company executive at the centre of a high profile spy van case in Cyprus is expected to give a police deposition as early as Tuesday, with reports saying the former Israeli intelligence officer insists he never broke the law...
https://knews.kathimerini.com.cy/en/news/eu-governments-risk-clash-with-eu-exec-in-bid-to-save-tourism-season
European Union governments risk a clash with the EU executive arm over their support for travel firms issuing vouchers for cancelled holiday deals without giving customers the option of cash refunds as required by EU law, diplomats said....
https://knews.kathimerini.com.cy/en/news/attorney-general-weighs-in-on-casino-probe
The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...
