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841. Finance Ministry launches tender for Companies Law modernization

Cyprus Ministry of Finance has launched a tender with an estimated value of €2 million aiming to acquire services for the modernization and reform of the outdated Companies Law, aiming to improve the economy’s competitiveness and ease of doing business....

842. Assets of US and UK sanctioned entities in Cyprus will be frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

843. Nicosia questions sanctions against ‘Russian enablers’

The Cyprus Bar Association is taking up the issue of new sanctions imposed by Washington and London, saying the latest measures against ‘Russian enablers’ unfairly target Cypriot firms’ past actions that were totally legal...

844. Delivery driver middleman scandal widens

A recent traffic accident has prompted police to widen a fraud investigation that began in Limassol and now has reached the capital, following revelations that foreign food delivery drivers in Cyprus were paying middlemen to secure driver permits through the state’s austere system...

845. Nicosia scrambles to protect brand after sanctions incident

President of Cyprus Nikos Christodoulides convened an extraordinary meeting on Thursday following the inclusion of Cypriot natural and legal persons in the lists of the latest sanctions published on Wednesday by the United States of America and the United Kingdom...

846. Altia: New Portfolio under Management

Altia, the fastest growing property company in Cyprus, officially announces the management of a new real estate package known as "Starlight" which will be added to the existing portfolio managed by the company....

847. Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

848. Cyprus IP Day – Celebrating innovation and creativity

On April 26th, 2023 Cyprus Intellectual Property (IP) Day will bring together acclaimed local and international speakers and IP experts sharing their insights and expertise on the importance of identifying, managing and protecting ones Intellectual Property. ...

849. Greek and Turk connect over tombstone in Istanbul

Kerem Soyyilmaz knew very little about the 1923 population exchange between Greece and Turkey but felt such a strong urge to investigate after discovering in the summer of 2017 a marble slab with an inscription in Greek...

850. Are you ready for ChatGPT to take over your job?

Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....

851. €130M grant plan proposed for 358 refugee apartment buildings

In an effort to effectively manage buildings in government housing estates and address observed structural issues, the Ministry of Interior has prepared a comprehensive Sponsorship Plan to be presented at Friday's Cabinet meeting. ...

852. Lack of legal protection in EU adoptions

Intercountry adoption is the adoption of a child habitually resident in one state by parents habitually resident in another state, as defined in Article 2 of the 1993 Hague Convention, which ensures cross-border recognition of adoptions. However, in practice, additional procedures are required for its recognition in certain States, including EU Member States....

853. Shocking arrest of Nicola Sturgeon's husband in SNP funding probe

Nicola Sturgeon's husband, Peter Murrell, has been arrested in connection with an investigation into the funding and finances of the Scottish National Party (SNP)....

854. Inside the high-stakes prosecution of a former president

Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...

855. Russian children's commissioner rejects ICC allegations

Russia's commissioner for children's rights on Tuesday dismissed International Criminal Court (ICC) allegations that she was responsible for unlawfully deporting children from Ukraine as false...

856. Trump faces 34 felony charges but won't be handcuffed or have mug shot taken

Donald Trump will be placed under arrest today and informed that he has been charged with 34 felony counts for falsification of business records, according to a source who has been briefed on the procedures for the arraignment of the former president....

857. City employee arrested in driver permit middleman scandal

More suspects including a civil servant have been arrested in the document fraud scandal where foreign food delivery drivers allegedly paid hundreds of euros to a middleman in order to secure a driver’s permit...

858. Bullying in Cyprus - From awareness to action

As a researcher and Ph.D. candidate studying the crime of bullying against minors from a criminal and criminological perspective in Cyprus, I am deeply concerned about the increase in bullying in our country. ...

859. Illegal contracts awarded by former Finance Minister, says Audit office

The Audit Office has confirmed that two contracts, awarded by the former Finance Minister without an open tender, were illegal. The Attorney General's opinion that the direct award was legal was also called into question....

860. BP and ADNOC's bold bid for the Leviathan field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

861. Completion of Project Starlight

862. Cabinet cracks down on stadium violence

Following the riots inside and outside the Eleftheria stadium, the government places the fight against violence in sports venues squarely on the shoulders of the police. ...

863. New migration scandal looms after network uncovered

A new scandal involving services for asylum seekers may have been inadvertently uncovered in Limassol, where arrest warrants have been issued amid strict rules for renewing driver permits and a black market designed to overcome restrictions...

864. Woman gets half year in Russian knife attack

A Ukrainian woman in Cyprus who carried out a knife assault against a group of Russians last year has been sentenced to six months in prison on common assault after being acquitted on more serious charges of incitement to hatred and violence...

865. March Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

866. Cliff death boyfriend walks free after police backtrack

A man who reported the cliff death of his girlfriend but became suspect based on a controversial forensic report walked free on Friday, after official results of a second autopsy rejected the investigators’ premeditated murder theory and stirred up debate on how Cyprus Police investigate cases...

867. US report on Cyprus notes rise of antisemitism

A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...

868. High prices continue to plague the market

869. No deal in sight in Cyprus’ mercy killing case

A Cyprus criminal court on Tuesday rejected a defense argument that a British man’s confession to killing his ailing wife was unlawfully obtained, because he was in no frame of mind to speak to police without a lawyer present...

870. Legalities and time constraints delaying repairs of refugee apartments

Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...