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Moneyval published on 12 February 2020 Cyprus' comprehensive assessment of the effectiveness of anti-money laundering and countering the financing of terrorism (AML/CFT) system.

Cyprus is getting one step closer to the establishment of a national mechanism for the screening of Foreign Direct Investment (FDI).

Protecting the financial sector and preventing money laundering and the financing of terrorism are key priorities for both the European Union and the international community.

Japan's trade ministry reported, that the two oil tankers carried "Japan-related" cargo.

Further to our announcement dated on 4th of February 2021, the House of Representatives voted for The Prevention and Suppression of Money Laundering and Terrorist Financing (Amending) Law of 2021.

Cyprus is exposed to external ML risks owing to its position as an international financial centre.

Cyprus has become an international business centre mainly due to its tax system, its strategic geographical location and the advanced professional services sector.

The Ministry of Finance has announced the outcome of the first National Risk Assessment of Money Laundering and Terrorist Financing Risk.

For years, the word "lobbying" in Cyprus, as in many parts of the world, has carried a cloud of suspicion.

The UBO Register is a product of the fourth anti-money laundering Directive (MLD 4)1 and the fifth anti-money laundering Directive (MLD 5)2 as part of the EU's legislative programme...

In the past years, the crypto-asset ecosystem has seen an increase in products, services and business models, as well as the increased use of automation to perform a number of services.

The Council of Ministers will be finally introducing the much talked about Foreign Direct Investments ("FDI") Bill to Parliament for approval, aiming to screen foreign investments that may pose risks to national security...

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 ...

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

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...

Recently a great deal of noise was made about the decision of the European Court of Justice, regarding the decision on the Ultimate Beneficial Owner Registers, at an international level.

As part in a chain of reforms proposed by the European Commission, in 2015 the European Union (the "EU") adopted a modernised regulatory framework encompassing the Fourth Anti-Money Laundering Directive 2015/849.