CLOSE
Loading...
12° Nicosia,
25 January, 2022
 

Search

Displaying results 1-30 of 134 matches for query money laundering.

1. MONEYVAL: Cyprus makes some progress in the fight against money laundering

https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering

Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....

2. Bank of Cyprus fined 790,000 euros

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-fined-790-000-euros

The Central Bank of Cyprus said it has imposed a fine amounting to €790,000 to Bank of Cyprus, the island’s largest lender over failure to comply with τhe anti-money laundering law and the CBC directive....

3. Cyprus scrambles to legislate whistleblower law

https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-legislate-whistleblower-law

Members of parliament in the Republic of Cyprus are urgently making their way to the justice ministry to compare notes on whistleblowing protections legislation, as the country scrambles to meet an EU deadline next month...

4. Fiji frees Cypriot brothers on time served

https://knews.kathimerini.com.cy/en/news/fiji-frees-cypriot-brothers-on-time-served

Two Cypriot brothers accused of money laundering through credit cards in Fiji have been released, with a court sentencing them to time served after spending two years in remand...

5. Announcement of Appointment of Directors & Senior Managers in K. Treppides & Co Ltd

https://knews.kathimerini.com.cy/en/business/announcement-of-appointment-of-directors-senior-managers-in-k-treppides-co-ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

6. Cypriot banks to reduce costs

https://knews.kathimerini.com.cy/en/news/cypriot-banks-to-reduce-costs

The President of the European Banking Authority speaks to "K"...

7. Cyprus frets ‘pandoramonium’ overshadowing good work

https://knews.kathimerini.com.cy/en/news/cyprus-frets-‘pandoramonium-overshadowing-good-work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

8. MEPs want Pandora audit for Anastasiades

https://knews.kathimerini.com.cy/en/news/meps-want-anastasiades-to-be-audited

A name-and-shame resolution approved by the European Parliament on Thursday pointed to Cypriot President Nicos Anastasiades and other leaders mentioned in the Pandora Papers, with calls on member states to carry out thorough investigations of alleged wrongdoing as well as close loopholes on offshore dealings...

9. Anastasiades Pandora reference hangs in the balance

https://knews.kathimerini.com.cy/en/news/anastasiades-pandora-reference-hangs-in-the-balance

Intense debate dominates in corridors of the European Parliament this week on whether specific references to Cypriot President Nicos Anastasiades and other leaders should be included in a draft resolution that calls for investigation into politicians who have been linked to offshore dealings in the Pandora Papers...

10. Israeli forex boss in Limassol faces extradition

https://knews.kathimerini.com.cy/en/news/israeli-forex-boss-in-limassol-faces-extradition

The lawyers of a foreign exchange company boss in Limassol, who has been arrested in Cyprus in connection with a multimillion takedown of illegal online investments in Germany, have asked for more time before their client appears for his extradition hearing...

11. The City of London Is Hiding the World’s Stolen Money

https://knews.kathimerini.com.cy/en/comment/opinion/the-city-of-london-is-hiding-the-world-s-stolen-money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

12. Cyprus sees increase in migrant arrivals

https://knews.kathimerini.com.cy/en/news/cyprus-sees-increase-in-migrant-arrivals

Commission Vice President Margaritis Schinas and Commissioner for Home Affairs Ylva Johansson presented a Report on Migration and Asylum on Wednesday,...

13. China declares all cryptocurrency transactions illegal

https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal

China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....

14. Customs officers raid two shops in Paphos

https://knews.kathimerini.com.cy/en/news/customs-officers-raid-two-shops-in-paphos

Police officers and customs officials raided at least two business establishments on Monday in Paphos, where suspected counterfeit designer goods have been confiscated...

15. EU ready to claw back stolen funds

https://knews.kathimerini.com.cy/en/news/eu-ready-to-claw-back-stolen-funds

The European Public Prosecutor’s Office goes to work next week, after the Council gave the green light this week for the first supranational independent agency to begin investigating and prosecuting crimes against the EU budget...

16. Cyprus hurries to clean up company registry

https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

17. Damning State Dep. report highlights Cyprus human rights issues

https://knews.kathimerini.com.cy/en/news/damning-state-dep-report-highlights-cyprus-human-rights-issues

A US State Department country report on human rights practices in 2020 proved damning for Cyprus which was found to have had significant human rights issues last year....

18. Report says ministry was shuffling papers

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...

19. Report on passport scheme to be released, President says

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....

20. DIKO raises conflict of interest for AG

https://knews.kathimerini.com.cy/en/news/diko-raises-conflict-of-interest-for-ag

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

21. Golden passport findings hard to come by

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...

22. State budget up in the air over golden passports

https://knews.kathimerini.com.cy/en/news/state-budget-up-in-the-air-over-golden-passports

Opposition parties are cranking up the pressure on Interior Minister Nikos Nouris, who has been refusing to hand over files in connection with the golden passports scandal, with the Democratic Party making good on its promise not to vote the state budget later this month if there is no transparency...

23. Justice Minister highlights government's efforts to fight corruption

https://knews.kathimerini.com.cy/en/news/justice-minister-highlights-government-s-efforts-to-fight-corruption

The government of Cyprus is making continuous efforts to protect the country from corruption, justice minister Emily Yiolitis said Wednesday, noting that the government has undertaken a series of actions and pushed a bundle of new laws through the pipeline....

24. Al Jazeera turns attention to Jho Low

https://knews.kathimerini.com.cy/en/news/al-jazeera-turns-attention-to-jho-low

Cypriot-naturalized citizen Jho Low, the Malaysian fugitive financier whose golden passports came under scrutiny last year, was back in the news this week after Al Jazeera published a video with actual voice recordings of 'the biggest fish' seeking a way out of the 1MDB colossal scandal...

25. Elusive businessman with Cyprus ties pops up

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...

26. Commission warns Cyprus over lacking anti-money laundering legislation

https://knews.kathimerini.com.cy/en/news/commission-warns-cyprus-over-lacking-anti-money-laundering-legislation

The European Commission on Friday sent a reasoned opinion to Cyprus for failing to transpose the 5th Anti-Money Laundering Directive (AMLD5) into national law....

27. Reynders: 'golden passport' schemes must be abolished

https://knews.kathimerini.com.cy/en/news/reynders-golden-passport-schemes-must-be-abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

28. EC: Cyprus, Malta golden passport schemes in violation of EU law

https://knews.kathimerini.com.cy/en/news/ec-launches-infringement-procedures-against-cyprus-golden-passports

The European Commission launched infringement procedures against Cyprus and Malta on Tuesday in response to their ‘golden passport’ schemes, and allowed a two-month period for the countries to respond in writing to the Commission’s warning letter....

29. Golden passports pushed forward in Commission agenda

https://knews.kathimerini.com.cy/en/news/golden-passports-pushed-forward-in-commission-agenda

After the Al Jazeera revelations, the Cyprus Investment Program is being pushed into the European Commission’s discussion agenda....

30. MOKAS refutes lawyer claim in passport scandal

https://knews.kathimerini.com.cy/en/news/mokas-refutes-lawyer-s-claim-in-passport-scandal

The Republic of Cyprus’ Unit for Combating Money Laundering (MOKAS) has weighed in on the passport scandal following Al Jazeera’s earth-shuttering investigative report on corruption in the island’s Citizenship by Investment programme...

X