The government is to create a national unit for the implementation of financial sanctions, Finance Minister Makis Keravnos said on Wednesday.Speaking after the day’s cabinet meeting, he said the unit ...

NICOSIA, Cyprus — Cyprus said Thursday its will adopt recommendations of a security initiative with the United States to fight money laundering, sanctions evasion and other financial crimes ...

Cyprus MPs are set to vote today on a proposal to exempt casinos from a nationwide cash transaction limit of €10,000, passed by Parliament last December.The exemption would apply until EU Regulation ...

“This effectively turns Cyprus into a money-laundering corridor for the north,” Attalides argued, noting that some players prefer cash transactions to bypass financial scrutiny or for ...

Cyprus casinos will no longer be subject to the country’s €10,000 ($10,942) cash transaction cap, following a vote in the House of Representatives on Thursday evening. The controversial amendment ...

A travel agent has been arrested and charged with money laundering. Travel agent Iryna Bandarieva, 69, and husband Ihor ...