Browsing: GENERAL

GENERAL
16 CySEC says cash payments of €10k banned

By Stelios Orphanides

The Cyprus Securities and Exchange Commission notified supervised companies that accepting €10,000 or more in cash payments is considered a criminal offence under the anti-money laundering law and is punishable by

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7 CBC governor sparks new controversy

By Stelios Orphanides

Central Bank of Cyprus governor Chrystalla Georghadji, who had been criticised for remaining silent in recent months when events unfolded around the Co-op, made a surprising comeback in the press stirring

GENERAL
4 Parliament passes Solidarity Fund Budget

By Stelios Orphanides

Parliament approved on Friday a supplementary budget which provides for the allocation of €25 million in taxpayers’ money to the (National) Solidarity Fund to compensate bondholders and depositors of Laiki Bank,

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12 Co-op investigators sworn in

By Stelios Orphanides

The three-member committee tasked with investigating the failure of the cooperative banking sector was sworn in, the Cyprus New Agency (CNA) reported on Monday.

Attorney-general Costas Clerides, who handpicked the members

GENERAL
0 ICPAC elects new board of directors

By Stelios Orphanides

The Institute of Certified Public Accountants of Cyprus (ICPAC), a body supervising accounting firms, said that its new board of directors held its first meeting on Thursday, a day after its

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