https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-double-digit-sanctions-violations-chaos
Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-receives-cyprus-firm-of-the-year-legal-award-at-who-s-who-legal-awards-2023
Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/news/finance-minister-perturbed-over-cyprus-confidential
Finance Minister Makis Keravnos expressed dismay over the revelations in ''Cyprus Confidential,'' emphasizing concerns about ongoing portrayals of Cyprus as a problematic financial and investment destination....
https://knews.kathimerini.com.cy/en/news/michael-kyprianou-co-scoops-prestigious-cyprus-firm-of-the-year
Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/business/crypto-wonder-boy-sam-bankman-fried-convicted-in-$8-billion-fraud
Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/protesters-in-nicosia-march-for-freedom-for-palestine
A protest in the heart of Nicosia saw demonstrators take to the streets with a resounding message: "Not in Our Name! Stop the Genocide! Freedom for Palestine!" ...
https://knews.kathimerini.com.cy/en/news/un-warns-of-potential-war-crimes-amid-israel-gaza-violence-surge
The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....
https://knews.kathimerini.com.cy/en/comment/opinion/democracy-is-ailing-because-we-are-failing-it
Interestingly, here as in the rest of Europe, the big ''winner'' of what happened after October 7 in Israel is one and only. The far right....
https://knews.kathimerini.com.cy/en/news/israel-demands-1-1-million-to-evacuate-north-gaza
In a harrowing turn of events, the Israel-Hamas conflict has reached a critical juncture. Israel has issued a startling demand, calling for the evacuation of all 1.1 million Palestinians in North Gaza, amounting to nearly half of the strip's population. ...
https://knews.kathimerini.com.cy/en/news/songbird-slaughter-continues-as-gangs-profit-amid-faltering-enforcement
A conservation group in Cyprus said Wednesday that police have been lax in cracking down on criminal gangs that illegally trap migratory songbirds to supply restaurants, although the poaching has declined overall....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-recognized-by-international-tax-review-as-national-transfer-pricing-firm-of-the-year-for-the-5th-consecutive-time
For the fifth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...
https://knews.kathimerini.com.cy/en/news/trump-freaks-out-in-response-to-fraud-ruling
Soon after New York Judge Arthur Engoron found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification on Tuesday, the disgraced former president freaked out about it in a lengthy all-caps rant on Truth Social that he appeared to have originally written yesterday....
https://knews.kathimerini.com.cy/en/news/e-kalathi-bill-sparks-debate-in-parliament
During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...
https://knews.kathimerini.com.cy/en/news/meta-encryption-shields-child-abusers-in-shadows
Mark Zuckerberg’s plan to roll out encrypted messaging on his platforms will let child abusers “hide in the dark”, according to a government campaign urging the tech billionaire to halt the move....
https://knews.kathimerini.com.cy/en/news/the-missing-piece-in-greek-turkish-diplomacy
The public discourse has been flooded with commentaries in favor or against the ongoing efforts for a Greek-Turkish rapprochement....
https://knews.kathimerini.com.cy/en/news/spanish-soccer-president-stays-firm-after-lip-kissing-incident
Facing his possible removal from office, the president of the Spanish soccer federation refused to resign Friday despite an uproar for kissing a player on the lips without her consent after the Women’s World Cup final....
https://knews.kathimerini.com.cy/en/news/global-response-to-pyla-incident-firm-says-christodoulides
The international community has given a clear answer to both the Turkish President and the occupying regime as regards the Pyla incident, Cyprus President, Nikos Christodoulides said on Tuesday, noting that the Government was taking all the necessary actions to prevent any new faits accomplis by Turkey....
https://knews.kathimerini.com.cy/en/news/cyprus-condemns-us-congressman-s-illegal-visit-to-turkish-occupied-north
The Cyprus Ministry of Foreign Affairs has issued a strong condemnation of the recent unauthorized visit made by American congressman Pete Sessions to the Turkish-occupied north of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/portugal-busts-criminal-migration-network
A total of 110 officers from the Portuguese Criminal Police (PJ), together with 12 Service of Foreigners and Borders (SEF) and authorities from other countries, have been leading a crackdown on a criminal network considered responsible for the free movement in Europe of a large number of migrants in an irregular way....
https://knews.kathimerini.com.cy/en/business/24-year-old-awarded-$18-8m-in-lawsuit-over-talc-based-baby-powder
A 24-year-old man in California was awarded $18.8 million on Tuesday in his lawsuit against Johnson & Johnson, in which he blamed talc in the company's baby powder for giving him cancer....
https://knews.kathimerini.com.cy/en/news/child-awarded-$800-000-in-mcdonald-s-nuggets-case
A Broward jury decided the answer was $800,000 Wednesday afternoon, the amount in damages McDonald’s will now have to pay a girl who received second-degree burns from a Chicken McNugget in 2019, a substantial decrease from the $15 million the family’s lawyers had requested....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-announces-five-new-partners
EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....
https://knews.kathimerini.com.cy/en/news/social-security-officials-exceed-authority-and-delay-benefits
The Parliamentary Labour Committee conducted an independent review of the procedure for evaluating unemployment benefit applications on Tuesday....
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-law-studies-award-2023
We are pleased to announce that this year’s Michael Kyprianou & Co LLC Law Studies Award was awarded to The English School graduate Lara Wilks....
https://knews.kathimerini.com.cy/en/news/sweden-s-nato-membership-hangs-in-the-balance-as-turkey-poses-last-minute-hurdle
The developments surrounding Sweden’s NATO membership are rapidly unfolding, with indications pointing towards an imminent announcement of an agreement during the Vilnius summit held on July 11-12. However, there remains the possibility that Turkey may disrupt the proceedings at the last moment....
https://knews.kathimerini.com.cy/en/news/schools-vulnerable-to-ransomware
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate, and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts....
