Cyprus > Legal Developments > Crime
Search News and Articles
With effect from January 2012 criminal liability in the Czech Republic extends to corporate bodies
By adoption of a law on criminal liability of legal entities and on proceedings against them the Czech Republic has joined the mainstream of European countries whose laws provide for corporate criminal liability.
Council of Europe report on Cyprus's anti-money laundering regime
The Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism has published its latest report on measures to combat money laundering and terrorist financing in Cyprus. The main conclusions of the report are as follows:
FRAUD AND ASSETS RECOVERY
Many fraud cases involve complex corporate structures, incorporated in various jurisdictions some of which might cause obstacles or create problems for victims.
Cyprus Courts, have jurisdiction to assist victims of fraud, in the recovery of stolen assets, by inter alia granting the following interim relief: