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12° Nicosia,
04 July, 2020
 

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Displaying results 1-30 of 93 matches for query money laundering.

1. US ambassador sees opportunities in Cyprus

https://knews.kathimerini.com.cy/en/news/us-ambassador-see-opportunities-in-cyprus

US Ambassador to Nicosia Judy Garber says the pandemic aftermath in Cyprus could be seen as an opportunity for the island, praising officials for managing the crisis and calling the country a “fantastic place for people” to do business...

2. Cyprus gets tough on golden passports

https://knews.kathimerini.com.cy/en/news/cyprus-gets-tough-on-golden-passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

3. Cabinet approves stricter regulations for citizenship-by-investment scheme

https://knews.kathimerini.com.cy/en/news/cabinet-approves-stricter-regulations-for-citizenship-by-investment-program

The Cabinet on Wednesday approved new regulations to the citizenship-by-investment program, an important provision of which ties the program to anti-money laundering legislation, interior minister Nikos Nouris said. ...

4. Cyprus 'golden visa' scheme returns to spotlight

https://knews.kathimerini.com.cy/en/news/cyprus-golden-visa-scheme-returns-to-spotlight

Cyprus’ controversial citizenship-by-investment scheme was thrust into the spotlight once again after the investigative journalism platform Organized Crime and Corruption Reporting Project (OCCRP) published an in-depth report on the granting of a ‘golden passport’ to a senior member of the Saudi royal family and six of his family members....

5. Need for transparency on COVID-19 public spending

https://knews.kathimerini.com.cy/en/news/need-for-transparency-on-covid-19-public-spending

The Organisation for Security and Cooperation in Europe Parliamentary Assmebly’s (OSCE PA) Special Representative on Fighting Corruption Irene Charalambides, has called for the highest levels of transparency and good governance on COVID-19 related public expenditures....

6. Cyprus irked over mystery casino probe

https://knews.kathimerini.com.cy/en/news/cyprus-irked-over-mystery-casino-probe

The Republic of Cyprus is asking the European Anti-Fraud Office for more information into a probe of misuse funds, following reports that stolen EU money was pumped into a casino project on the island...

7. Mixed reviews on anti-money laundering

https://knews.kathimerini.com.cy/en/news/mixed-reviews-for-cyprus-anti-money-laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

8. Interior Minister talks migration, Cyprus investment program with EU officials in Brussels

https://knews.kathimerini.com.cy/en/news/interior-minister-talks-migration-cyprus-investment-program-with-eu-officials-in-brussels

Interior Minister Nicos Nouris informed the EU Commission’s Vice-President Margaritis Schoinas on Cyprus’ needs and the issues the country faces in dealing with the increased flow of migrants, ahead of the presentation of relevant proposals by the Commission next month....

9. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

https://knews.kathimerini.com.cy/en/business/new-life-in-cyprus-of-russian-businessman-after-unfair-seizure-of-promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

10. Cyprus 'golden passports' scheme a laundering risk, says watchdog

https://knews.kathimerini.com.cy/en/news/cyprus-golden-passports-scheme-a-laundering-risk-says-watchdog

A European money laundering watchdog has cautioned that a secretive investment-for-passports programme run by Cyprus was vulnerable to money laundering and fraught with risk...

11. Football and Money Laundering

https://knews.kathimerini.com.cy/en/business/football-and-money-laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

12. President’s air travel under scrutiny

https://knews.kathimerini.com.cy/en/news/president-s-air-travel-under-scrutiny

Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...

13. Cyprus gains ground in $92 million fraud case

https://knews.kathimerini.com.cy/en/news/cyprus-makes-headway-in-$92-million-fraud-case

MOKAS officers are making headway in an embezzlement case to the tune of $92 million involving a Cypriot company, after one of five suspects was taken into custody...

14. How Russian uncapitalism works

https://knews.kathimerini.com.cy/en/business/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...

15. Turkey warns US over Cyprus arms embargo

https://knews.kathimerini.com.cy/en/news/turkey-denounces-move-to-end-cyprus-arms-embargo

Ankara has warned Washington that an impending lift of a US arms embargo on the Republic of Cyprus is a “dangerous escalation” that would hamper efforts to reach a peace settlement on the divided island...

16. US arms embargo to be lifted on conditions

https://knews.kathimerini.com.cy/en/news/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...

17. Jho Low movie gaining popularity

https://knews.kathimerini.com.cy/en/news/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...

18. Jho Low may have multiple passports

https://knews.kathimerini.com.cy/en/news/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...

19. Chavez daughter got funds through Cyprus

https://knews.kathimerini.com.cy/en/news/chavez-daughter-transferred-money-through-cyprus

More allegations of money laundering implicate Cyprus with a special report saying a Florida account accessed by the daughter of late Venezuelan president Hugo Chavez had money transfers from a bank on the island...

20. Interior Minister says all have a duty to preserve Cyprus’ hard-fought reputation

https://knews.kathimerini.com.cy/en/news/interior-minister-says-all-have-a-duty-to-preserve-cyprus-hard-fought-reputation

We all have a duty to preserve Cyprus’ good name, Interior Minister Constantinos Petrides said on Thursday, adding that it took a lot of effort to reinstate the country’s fame under adverse circumstances....

21. Where is Malaysian fugitive financier Jho Low

https://knews.kathimerini.com.cy/en/news/where-is-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...

22. Financier's Cypriot passport rocks the boat

https://knews.kathimerini.com.cy/en/news/fugitive-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...

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

https://knews.kathimerini.com.cy/en/business/map-s-platis-joins-forces-with-global-firm-fti-consulting

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

https://knews.kathimerini.com.cy/en/business/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...

25. Dutch police arrest Cypriot wanted man

https://knews.kathimerini.com.cy/en/news/dutch-police-arrest-cypriot-wanted-man

Dutch police have arrested a Limassol cafeteria owner who was wanted by Cypriot authorities in connection with the fatal drug overdose of a teenager last year...

26. Cambodia’s elite exposed through Cyprus

https://knews.kathimerini.com.cy/en/news/cambodia-s-elite-exposed-through-cypriot-documents

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...

27. Impeachment inquiry hits close to home

https://knews.kathimerini.com.cy/en/news/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"...

28. Giuliani implicates Cyprus in Biden claim

https://knews.kathimerini.com.cy/en/news/giuliani-implicates-cyprus-in-biden-claim

President Trump’s personal attorney Rudy Giuliani has implicated Cyprus in Ukrainian money laundering assertions he has made regarding Joe Biden’s son Hunter...

29. Four New Partners at Harris Kyriakides LLC

https://knews.kathimerini.com.cy/en/business/four-new-partners-at-harris-kyriakides-llc

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

30. Anastasiades: Turkey’s aim for control scuppers peace

https://knews.kathimerini.com.cy/en/news/anastasiades-turkey-s-aim-for-control-scuppers-peace

Turkey is undercutting efforts to quickly revive peace talks aimed at solving Cyprus’ decades-long ethnic split by imposing unacceptable terms, the island nation’s president said Tuesday...

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