https://knews.kathimerini.com.cy/en/news/billionaires-choose-abu-dhabi-as-global-wealth-safe-haven
In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....
https://knews.kathimerini.com.cy/en/news/commissioner-in-cyprus-to-probe-russian-asset-freeze
Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...
https://knews.kathimerini.com.cy/en/news/op-ed-the-world-needs-to-come-clean-about-dirty-money
On a spring ski break in Colorado last week, I found the town of Aspen buzzing with talk about Roman Abramovich. While the Russian oligarch has rarely been seen in the resort in recent years,...
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...
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....
https://knews.kathimerini.com.cy/en/news/cypriot-president-s-law-firm-accused-in-pandora-papers
Cypriot President denies any knowledge of his ex law firm alleged to have hidden assets of a controversial Russian billionaire, following bombshell allegations of dozens of world and public leaders linked to secret financial dealings...
https://knews.kathimerini.com.cy/en/news/g7-agree-on-plan-targeting-tax-heavens
The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...
https://knews.kathimerini.com.cy/en/news/cyprus-golden-passports-get-popular-amid-pandemic
The Republic of Cyprus’ investment-for-citizenship program proved to be the second most popular scheme of the sorts amid the global pandemic, with new citizenship applications during the first quarter of 2020 marking a 75% increase compared to the same period last year....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-corporate-tax-rate-to-15
The idea of raising the Cyprus corporate tax rate from 12.5% to 15% has been discussed at a meeting between Finance Minister Haris Georgiades and business executives...
https://knews.kathimerini.com.cy/en/news/european-parliament-report-accuses-seven-countries-including-cyprus-of-acting-as-tax-havens
The European Parliament urged EU member states on Tuesday to curb money-laundering in the bloc by ending programs to sell visas and passports, a step the multi-billion-dollar industry said would cause economic damage....