Finance Minister vows to absorb “every single euro” from EU funds

In 2022, Cyprus was in the top four countries when it came to absorbing EU funds

08:33 - 23 October 2023

Irish Central Bank governor to visit Cyprus

Gabriel Makhlouf will be in Cyprus on 23 – 24 October after being invited by CBC Governor Constantinos Herodotou

07:54 - 23 October 2023

Global funds industry in Cyprus for prestigious summits

Delegates started arriving over the weekend and attended a cocktail reception at the Parklane in Limassol

07:17 - 23 October 2023

RegTech is crucial in ensuring effective regulatory compliance

The matter was discussed by a panel of experts at the 9th International Compliance Forum

16:20 - 20 October 2023

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M. Khoo: A collective effort is needed to handle cyber threats

The Co-Director, Task Force KleptoCapture, US DOJ was addressing the the 9th International Compliance Forum

15:29 - 20 October 2023

EAC takes energy regulator to court for blocking price hikes

CERA said that even though EAC’s request was justified, it was being rejected in the name of public interest

11:03 - 20 October 2023

Global funds industry in Limassol next week

Here to attend the 9th International Funds Summit & Expo and 36th IIFA Annual Conference

09:42 - 20 October 2023

President announces multi-million euro projects for free Famagusta area

The projects include, among other things, Paralimni Marina and further support for businesses and citizens

08:02 - 20 October 2023

Government announces new relief measures

The €196m measures, to help people deal with the high cost of living, include reinstating the electricity subsidy

14:54 - 19 October 2023

Republic of the Marshall Islands removed from EU list of non-cooperative jurisdictions

ECOFIN’s EU Code of Conduct Group reviewed and positively assessed RMI’s enforcement of substance requirements

09:50 - 19 October 2023

Cyprus has three months to transpose EU laws affecting professionals

The next step is for the country to be brought before the Court of Justice if it fails to comply

09:33 - 19 October 2023

Herodotou: No rate hikes expected at next ECB meeting

The CBC Governor said latest data suggest that if maintained, inflation rates will return to mid-term target of 2%

09:15 - 19 October 2023

September’s hamonised inflation up 4.3% y-o-y

CySTAT attributed the increase to rising prices in Food and Non-Alcoholic Beverages

08:50 - 19 October 2023

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Economy

Finance Minister vows to absorb “every single euro” from EU funds

Irish Central Bank governor to visit Cyprus

Global funds industry in Cyprus for prestigious summits

RegTech is crucial in ensuring effective regulatory compliance

M. Khoo: A collective effort is needed to handle cyber threats

H. Brand: Words are not enough, implementation is a must

Panel discusses how sanctions have evolved over the years

BoC’s Skandalis: The right culture is key when it comes to compliance

M. Pleyer: Corporate values are essential to organisations

British High Commissioner: Sanctions effective – Hit 90% of Russian banks

G. Thompson: Sanctions are effective even though they come at a cost

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