https://knews.kathimerini.com.cy/en/business/cyprus-to-launch-national-sanctions-unit
Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/news/increase-in-missing-minors-from-cyprus-juvenile-homes-raises-alarms
Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
https://knews.kathimerini.com.cy/en/news/can-ai-get-goosebumps
At this year’s Digital Agenda Cyprus Summit, tech enthusiasts and industry leaders gathered to hear from an inspiring speaker: Robbie Stamp, a notable producer and advocate for ethical artificial intelligence....
https://knews.kathimerini.com.cy/en/news/cyprus-eu-nominee-under-fire-for-waste-management-scandal
Costas Kadis, Cyprus' nominee for EU Commissioner for Fisheries and Oceans, is facing criticism over his handling of a controversial waste management scandal ahead of his November 6 hearing before the European Parliament's Fisheries Committee....
https://knews.kathimerini.com.cy/en/news/customs-seizures-spark-confusion-over-green-line-fuel-rules
The Commissioner for Administration and Human Rights, Maria Stylianou-Lottidi, has called on the Cyprus Customs Department to urgently clarify the rules on transferring fuel from the occupied territories. ...
https://knews.kathimerini.com.cy/en/news/calum-chace-how-ai-will-change-everything—are-we-ready
Calum Chace, a well-known expert in Artificial Intelligence (AI), recently took the stage at the Digital Agenda Cyprus Summit 2024 to share his insights into the future of AI and its impact on our world....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/exness-ceo-cut-red-tape-to-boost-europe-s-economy
Petr Valov, CEO of Exness, has called for the reduction of excessive regulations in Europe, arguing that deregulation could help boost the region's economic competitiveness....
https://knews.kathimerini.com.cy/en/news/crystal-balls-barbed-wire-and-other-cypriot-delights
Christodoulides insists that we’ll soon have “some developments on the Cyprus issue.” Watch out—when we least expect it, there might just be some progress, and the President will be hailed as a visionary, maybe even earning the title of a posthumous prophet. ...
https://knews.kathimerini.com.cy/en/business/prognosys-solutions-celebrates-20-years-of-innovation-and-leadership-in-regulatory-compliance
Prognosys Solutions, the leading provider of regulatory reporting solutions for the banking and financial industries in Cyprus, celebrated its 20th......
https://knews.kathimerini.com.cy/en/news/cyprus-luxury-resort-tied-to-russia-s-$230m-magnitsky-scandal
Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....
https://knews.kathimerini.com.cy/en/business/the-rise-of-applied-regulatory-compliance-from-theory-to-practice
As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...
https://knews.kathimerini.com.cy/en/news/eu-cuts-funds-to-hungary-over-unpaid-asylum-fine
The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....
https://knews.kathimerini.com.cy/en/news/calls-to-reduce-fines-for-late-ubo-submissions-in-cyprus
High fines have spurred companies in Cyprus to comply with the submission of beneficial ownership details to the Company Registrar's Beneficial Ownership Register.
...
https://knews.kathimerini.com.cy/en/news/meta-introduces-new-teen-accounts-for-instagram
Meta is rolling out a new ''teen account'' feature for Instagram users under 18, enhancing parental controls over their children's activity on the platform. ...
https://knews.kathimerini.com.cy/en/news/cyprus-secures-majority-of-eu-funds-with-minor-tax-reform-pending
The European Commission has given Cyprus the green light for most of its request for €152 million in funding as part of the EU’s Recovery and Resilience plan, which aims to boost economies after the pandemic. Out of 38 goals Cyprus needed to meet, 37 were approved....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
https://knews.kathimerini.com.cy/en/news/hungary-offers-free-travel-to-brussels-for-migrants-in-response-to-eu-fines
Hungary’s government reaffirmed Friday its plan to offer asylum seekers free, one-way travel to Brussels, aiming to pressure the European Union to ease fines over Hungary's strict asylum policies.
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https://knews.kathimerini.com.cy/en/news/cypriot-bank-officials-to-present-aml-progress-in-u-s
Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...
https://knews.kathimerini.com.cy/en/business/pharmacies-to-end-after-hour-and-weekend-services-amid-dispute
In a recent decision, the Pancyprian Pharmaceutical Association (PFA) has announced that it will no longer compile the lists for pharmacies that offer after-hours and weekend services. This move comes as a response to ongoing disputes over working hours and part-time regulations....
https://knews.kathimerini.com.cy/en/news/cyprus-follows-germany-s-lead-on-refugee-returns-to-syria
A recent Islamist terror attack in Solingen, which left three people dead, is prompting a reevaluation of Germany's migration policies ahead of upcoming national elections....
https://knews.kathimerini.com.cy/en/news/eu-sets-new-rules-for-carry-on-bags-starting-september-1
Starting September 1, all air travelers in Europe should be prepared for significant changes in hand luggage regulations....
https://knews.kathimerini.com.cy/en/news/ema-slams-eac-for-undermining-electricity-market-competition
The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/cyprus-hunting-federation-urges-hunters-to-report-kills-on-new-platform
As the 2024-2025 hunting season begins, the Cyprus Federation for Hunting and Wildlife Conservation urges hunters to adhere to new safety and environmental regulations strictly....
https://knews.kathimerini.com.cy/en/news/hundreds-of-cyprus-telecom-installers-lose-licenses-over-new-exam
Approximately 600 telecommunications installers in Cyprus, responsible for tasks such as setting up telephone and internet lines, have been left without the necessary licenses to continue their work, despite having legally operated for years....
https://knews.kathimerini.com.cy/en/news/monkeypox-outbreak-over-500-dead-who-sounds-alarm
Last Wednesday, the World Health Organization (WHO) declared the escalating spread of the so-called "monkeypox" virus in Africa as a global health emergency....
https://knews.kathimerini.com.cy/en/business/final-decisions-on-akamas-projects-approaching
According to Pavlos Neophytos in this Sunday's Kathimerini, the development of the Akamas road network, crucial for the area's infrastructure, faces significant delays due to environmental concerns and ongoing investigations....
https://knews.kathimerini.com.cy/en/news/nicosia-faces-financial-strain-amid-local-government-reforms
In an article in this Sunday's Kathimerini, Apostolos Tomaras writes that Just two months into the tenure of Cyprus’ new local government, the Nicosia Municipality is grappling with significant financial challenges, raising concerns about its ability to comply with legal requirements....
