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541. Online road tax renewals go live

The website for road tax renewal payments went live on Monday, with vehicle owners having until early March to pay for either three, six, nine, or twelve months...

542. Treppides Group presence in Malta grants exceptional expertise in Blockchain Technology

Treppides Group presence in Malta grants exceptional expertise in Blockchain Technology:How Cyprus can excel in legislation and become leader in EU taking advantage of Malta’s Recent Regulatory Framework in respect of Blockchain Technology and Virtual Financial Asset...

543. Savvas Rigas, Partner of K. Treppides & Co, presented the Cypriot Payment Institutions and Electronic Money Institutions

544. 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...

545. US probe of China's Huawei includes bank fraud accusations

546. Greece’s state controlled DEPA gas company buys out Shell stake

547. Cops warn of ‘nasty surprises’ from con artists

Police are urging the public to be cautious with their money transactions, following complaints that an unidentified male had been using fake €100 bills to purchase small items and get change too...

548. Greece's Eurobank to acquire Grivalia Properties

549. Bitcoin for payments a distant dream as usage dries up

550. Auditing and Renewable Sources of Energy in Cyprus

In a world where the focus is on ‘going green’ the role of renewable sources of energy is becoming increasingly significant. It would therefore be hard to ignore some of the initiatives set out by the European Union with regards to these renewable sources of energy...

551. New directive on shell companies improves anti-money laundering practices

552. Wanted - Scientist to feature on Britain's new 50 pound note

553. There is no economic bubble says Finance Minister

554. Freshfields Bruckhaus Deringer LLP choice unconstitutional

555. CySEC: Financial crime has no place in Cyprus

556. Another cop arrested in human trafficking case

Another cop has been arrested in connection with a human trafficking case, with a total of four police officers being suspended in connection with an illegal prostitution ring that made headlines last month...

557. Astrobank in talks to buy National Bank of Greece Cyprus unit

558. AXIA Ventures Group receives Global Finance 2018 award

559. Fitch Ratings upgrades Bank of Cyprus

560. Mandatory disclosure rules: the calm before the storm

It is a well-known fact that a storm is always preceded by a strange calm. This could be the perfect description of what is about to come, as a result of the latest changes adopted on May 25th of this year by the Council of the European Union...

561. Cyprus bond achieves best borrowing rate in Euro era

562. Sex trafficking suspects released until further notice

All five suspects in a recent sex trafficking case have been released from custody until further notice, as police investigators are pouring over bank accounts and telecommunications data to build the case...

563. Turkish Lira rallies as central bank raises interest rates to 24%

564. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

565. Bank of Cyprus adds 24300 new retail accounts in August

566. British Airways suffers embarrassing data breach

Financial information of potentially hundreds of thousands of British Airways customers has been stolen, during a data breach affecting online payments made through the UK flagship carrier’s website...

567. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

568. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

569. Bank of Cyprus CEO stays put through 2020

Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...

570. Monaco Telecom takes over MTN Cyprus

Monaco Telecom is taking over MTN Cyprus in a €260 million deal that will set a new course for the Cypriot provider as a powerful member of its new European family...