Search Results for: Central Bank of Cyprus

Central Bank of Cyprus fined Privatbank €1.535.000 for AML Law violations

November 2nd, 2016 (0)
The Central Bank of Cyprus (CBC) has issued an announcement to inform for the imposition of fine on Public Joint-Stock Company Commercial Bank “Privatbank” (Cyprus branch). According the CBC’s announcement, within the remit of exercising its supervisory role, may ...

Central Bank of Cyprus fined Hellenic Bank for more than €1 million

July 18th, 2016 (0)
The Central Bank of Cyprus (CBC), within the remit of exercising its supervisory role, may take, under subsection (6) of section 59 of the Prevention and Suppression of Money Laundering Activities Laws of 2007 to 2016, all or any ...

Central Bank of Cyprus fined FBME Bank for €1.2 million

December 11th, 2015 (0)
The Central Bank of Cyprus (CBC), within the remit of exercising its supervisory role, may take, under subsection (6) of section 59 of the Prevention and Suppression of Money Laundering Activities Laws of 2007 to 2013, all or any ...

Central Bank of Cyprus Confirms 1% Deposit Rate Cut

February 17th, 2015 (0)
The Central Bank of Cyprus has announced a reduction on its deposit rates by one percent, calling on all credit institutions to follow suit and reduce lending rates. The decision was taken by the Board of Directors of the ...

Announcement of Central Bank of Cyprus

March 17th, 2014 (0)
The Central Bank of Cyprus has issued a press release which clarifies that on February 20, 2014, according to the article 57(1) on the International Mutual Investment Plan Laws of 1999 and 2000, has recalled the authorization of licence ...

FBME launches legal fight against Cyprus Central Bank

December 23rd, 2015 (0)
The Federal Bank of the Middle East (FBME) Limited has announced that immediate legal action is being launched to contest the revocation by the Central Bank of Cyprus (CBC) of FBME Bank’s license for its branch in Cyprus and ...

Cyprus Central bank head says ready to act if Greece spills over

April 28th, 2015 (0)
Central bank governor says Cyprus and Greece decoupling Georghadji says Cyprus no longer at high risk from Greece Cyprus is ready to react to any spillover from the crisis in Greece, the governor of the island’s central bank said ...

Cyprus central bank head who led Cyprus through bailout quits

March 11th, 2014 (0)
Cypriot Central Bank governor Panicos Demetriades, whose testy relations with the island’s government dogged a tumultuous tenure when Cyprus teetered on the brink of bankruptcy, resigned on Monday. President Nicos Anastasiades, who had been pressing for Demetriades’s departure ever ...

Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries

April 15th, 2021 (0)
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by ...

iSignthis announces first Bank to Bank transfers via BIC: ISEMCY22XXX

December 5th, 2018 (0)
Highlights IBAN based accounts now live, sending and receiving EUROS (€) across EEA/SEPA and Switzerland Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system eMoney Account (EMA) facilities connected to ISXPay card processing capabilities. $4M ...
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