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3331. Emails from Cyprus connect dots on Jho Low

New information published by OCCRP suggests that Henley & Partners identified Jho Low as a high-risk client but worked with him anyway through a Cypriot company to get him a golden passport...

3332. Former AG says he cautioned over passports

The state’s former attorney general says his department had cautioned the government years ago that the country’s golden passport scheme might have been incompatible with European law, essentially contradicting the executive branch's position that nobody had said anything...

3333. President blames CIP failure on recklessness

Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...

3334. KPMG unveils Impact Plan: shares progress against newly created Stakeholder Capitalism Metrics

KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...

3335. Officials scorned over last minute wind advisory

Weather officials were criticized Monday over a last-minute warning issued Saturday night when gale force winds reached Cyprus, wreaking havoc and causing damages in parts of the island...

3336. Cyprus fires up engines as lockdown eases

The Republic of Cyprus launched on Monday a gradual unlock of a three-week lockdown, citing signs of improvement with fewer hospitalizations and a major ramp up in the state’s rapid testing strategy...

3337. Ferry link hopes end with a whimper

Shipping transport companies remained unconvinced over Cyprus’ effort to revive and subsidize a ferry link with Greece, with the government going back to the drawing board after no bidders came forward by Friday’s deadline...

3338. Cyprus unveils plan to tackle corruption

Cyprus’ fight against corruption is based on three pillars, President Anastasiades said Friday, announcing the eagerly-awaited steps the government will take in a bid to restore credibility to the Republic after its reputation was shattered by revelations of corruption through the nixed Citizenship-by-Investment Program (CIP)....

3339. Policy priorities unaffected by pandemic, FinMin says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

3340. The key to a successful investment lies in… behaviour?

3341. Gradual easing of measures starts next week

The President’s Cabinet approved a gradual lift of a partial lockdown starting on Monday, with the health minister saying the decision was designed to avoid making hasty moves...

3342. Authorities receive 22 reports of adverse reactions to vaccine

The Health Ministry’s Department of Pharmacovigilance and Clinical Trials has so far received a total of 22 reports of possible adverse reactions to the coronavirus vaccine....

3343. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

3344. Greece, France to sign $2.8 billion fighter jet deal

Greece is due to sign a 2.3 billion-euro ($2.8 billion) deal with France on Monday to purchase 18 Rafale fighter jets as tensions grow with neighbor Turkey....

3345. Police limit cars in Troodos square

Police say they will limit the number of vehicles allowed into or near Troodos Square, following reports of health protocol violations, in an effort to slow down the rapid spread of COVID-19...

3346. Washington not taking any chances

Presidential inaugurations are normally high-security events, with metal detectors at key entry points, restricted ID-only zones and National Guard supplementing local and federal law enforcement, but the level of precautions this year is unprecedented...

3347. COVID-19 is adding new impetus to finance transformation

3348. Health authorities narrow down vaccine age group priority

A slowdown in coronavirus vaccine deliveries led the health ministry to announce a restructuring of the initial vaccination plan on Tuesday to ensure that those aged over 90 get the jab given the dwindling supply....

3349. Police lose state fraud case in Limassol

Defendants in Limassol’s case involving an alleged scam with food stamps and housing vouchers for homeless persons walked free this week, after prosecutors said they were unable to bring witnesses forward to testify in court...

3350. Over half of Cyprus 80+ age group vaccinated

More than half of the 80+ age group in Cyprus has either been vaccinated against coronavirus or has set an appointment to get the jab in the coming days, the deputy director of the health services Olga Kalakouta said Monday....

3351. EY welcomes Eleni Sofocleous as a Director in EY Cyprus’ Tax Practice

EY Cyprus, staying true to its commitment to building a better working world, always looks to reinforce its teams with the brightest talents. In this context, we are proud to announce that, as of 11th of January 2021, Eleni Sofocleous has joined EY’s Tax practice...

3352. Cyprus launches online social insurance payment system

Cyprus’ new online system for the payment of social insurance contributions was presented on Thursday by Labour Minister Zeta Emilianidou and Deputy Minister for Research, Innovation and Digital Policy Kyriakos Kokkinos....

3353. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

3354. Officials weigh in on Pournara brawl

Eight tenants at Pournara migration facility were placed under arrest on Tuesday, following a violent brawl on camp grounds that erupted between two groups under circumstances still unclear...

3355. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

3356. Legal blocking tests abroad in soldier's death

The clock is ticking for the family of a dead soldier, whose official manner of death in 2005 as suicide is being disputed, with the Legal department refusing to consent to any exhumed remains being sent abroad for specialized testing...

3357. Ledra substation up and running in old Nicosia

A police substation is back up and running 24 hours a day in downtown Nicosia, with officials hoping not only to promote a sense of security in the old city but also carry out inspections to ensure compliance with the latest emergency health laws...

3358. Travel categories of SMS system that returns Sunday

The SMS system that Cyprus was happy to be rid of in late spring last year will be returning on Sunday as the island grapples with the rampant spread of coronavirus that has left the healthcare system increasingly burdened....

3359. SMS system returns as Cyprus enters three-week lockdown

Cyprus Health Minister Constantinos Ioannou announced the new restrictions agreed upon by the Cabinet on Friday, which include a clampdown on unnecessary movements, and social and professional gatherings....

3360. Cabinet locked into partial lockdown

A partial lockdown is expected to go into effect in the Republic of Cyprus some time after Friday, when the President’s Cabinet will decide on new measures to fight further spread of the coronavirus through the end of the month...