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121. Mixed reviews on 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...

122. President says use of Saudi-businessman owned jet not a violation of Ethics Code

President Nicos Anastasiades acknowledged on Thursday that he could have avoided using a private jet belonging to a Saudi businessman for a family holiday in the Seychelles, but denied that he was in violation of the Ethics Code....

123. 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...

124. 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...

125. Finance committee releases Jiu Jitsu money

The finance committee has released funds set aside to pay for Jiu Jitsu, despite accusations from MPs on the left that something did not add up in the recently-launched cash rebate scheme...

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

127. 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...

128. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

129. More US energy companies to operate in Cyprus, US Ambassador says

US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...

130. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

131. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

132. 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...

133. ENT doctors slapped with new charges

A second case of corruption involving ENT doctors is taking place, following new evidence that came forth during a recent trial...

134. Taxi drivers go on strike

City taxi drivers went on strike Thursday morning to protest a number of issues including city permits, social security, and the traffic code...

135. When necessity becomes history

136. Extradition flop cases back in the spotlight

A number of legal ‘faux pas’ in failed extraditions have reappeared in the local press, including that of an alleged mystery spy, following the failure of Cypriot authorities to extradite a Kurdish man wanted by Germany on terrorism-related charges...

137. 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....

138. K. Treppides & Co Ltd: Cryptocurrencies/Digital Assets and Regulation

Following the latest trend with the VFA's or Cryptocurrencies or Digital Assets and the Blockchain technology behind them, a booming and contagious effect is spreading between Continents since they are considered to be the ‘golden key’ to a new age...

139. Project Helix, Differed tax, prop up Bank of Cyprus results

140. New study and payouts for Pissouri landslide

Tax payers may have to foot the bill for Pissouri homeowners affected by an active landslide, but details remain unclear as to how much money and who may qualify...

141. Transparent rules for all on EU citizenship Katainen says

142. Anastasiades: Cyprus unfairly targeted by EU over citizenship scheme

143. Fake job recruiter in Cypriot custody

A Tunisian man who has been convicted of fraud in Greece has been extradited to Cyprus, where he is accused of conning nearly 500 people by making empty job promises in France...

144. Slain Briton’s parents want fair trial

The parents of murder victim George Low, who was fatally stabbed in Ayia Napa two years ago, are left with more questions than answers as another Christmas holiday goes by without any sign of a criminal trial...

145. President reminds doctors of Hippocratic Oath

The president is calling on private doctors who exaggerate on their demands to “come down to earth” and join health reform, as public good should come ahead of private wealth...

146. CBC introduce sharper rules against the so-called “Shell and Letterbox Companies”

The central bank of Cyprus has redefined the definitions of the so-called “shell and letterbox companies”, in an attempt to tighten the directive for the prevention of Money Laundering and Terrorist Financing...

147. Unfavourable climate in the EU

148. Mr Bitcoin up for grabs as Cyprus sits out

The attorney of Alexander Vinnik, known as Mr. Bitcoin, says the Limassol District Court has dismissed the lawsuit against his client who was facing fraud and money laundering charges...

149. Ghosn not currently fit to lead Renault, says French finance minister

150. After cabinet backing, May girds for Brexit battle in parliament