NEWS

Cyprus introduces Register of Beneficial Owners

Following the transposition of the 5th European Anti-Money Laundering Directive at a national level, Cyprus has introduced a central Register of Beneficial Owners, which will be kept by the Department...

Cyprus opens its doors to crypto providers

Nicosia – The Cyprus Securities and Exchange Commission (CySEC) issued last week a directive in relation to the registration of Crypto-Asset Service Providers (CASPs) on the island. In the context...

DiVE into the world of VAT

Limassol – The Chelco VAT International Academy recently launched a first-of-its-kind in Cyprus expert diploma in Value Added Tax (VAT). The Diploma in VAT Excellence (DiVE), is a high-level course...

Cryptocurrencies hit all-time peak of $2 trillion

New York – The cryptocurrency market capitalization hit an all-time peak of $2 trillion earlier this week, according to data and market trackers CoinGecko and Blockfolio, as gains over the...

Funds in Cyprus reach €8.58 bln

Nicosia – Cyprus had €8.58 bln in Funds and Assets Under Management in the 4th quarter of 2020, up by 10.3% from the 3rd quarter and an increase of 3.8%...