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The Republic of Cyprus (hereinafter "Cyprus") has been the target of many European Countries due to it's allegedly lack of money laundering measures that damage the European Union. Is the reaction of these European Union Countries justified?

The financial services and international business sector in Cyprus is one of the vital pillars of the Cyprus economy. That being said, Cyprus aims to be in full compliance...

Adoption of new regulations across the European Union (EU) - Enhanced Rules on Cryptocurrencies...

Cyprus companies must update addresses and confirm beneficial owners by Dec 31, 2025, to avoid fines and deregistration risks.

The financial services and international business sector in Cyprus is one of the vital pillars of the Cyprus economy.

CyTBOR will provide easy and immediate access to updated information and data regarding the Beneficial Owners of Express Trusts and Similar Legal Arrangements.

Following the on-site visit carried out by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism to the Republic of Cyprus from the 13th of May 2019 to the 24th of May 2019 ...

On 11 June 2026, the Court of Justice of the European Union (the “Court”) delivered its judgment in Case C-81/24, Jenec. The case concerned the relationship between the right of access to a payment account with basic features under Directive 2014/92/EU (the “Payment Accounts Directive”) and the AML/CFT obligations imposed on financial institutions under Directive (EU) 2015/849 (the “AML Directive”).

Crypto assets constitute private assets utilising cryptography and distributed ledger technology to derive their perceived or inherent value.

Money laundering offences usually consist of conduct which seeks to conceal the criminal origin of wealth.

On 7 May 2024, the Financial Action Task Force (FATF) issued an updated report on the effectiveness and technical compliance ratings of countries assessed against the 2012 FATF Recommendations...

The Prevention and Suppression of Money Laundering and Terrorist Financing Law 13(1)/2018 governs the establishment of the Ultimate Beneficial Owners Register and the obligations of Cyprus companies and other legal entities ...

We are proud to have turned our clients' trouble into a great litigation success against criminal money launderers and to a substantial one-of-a-kind compensation of over €38 million.

The following legislation has been published in the Official Journal of the European Union on 19 June 2024...

In September 2025, the Department of the Registrar of Companies and Intellectual Property (the "DRCIP") issued two important announcements outlining new obligations for companies and partnerships in Cyprus.

The beginning of the year often marks a stressful period for the Money Laundering Compliance Officers (MLCO) and Obliged Entities under the relevant Prevention and Suppression...

The European Union's Anti-Money Laundering Authority (AMLA) has taken an important early step toward EU-level AML supervision with the launch of its first financial-sector data collection exercise.