esma regulator

Cyprus based investment firms and CySec’s work highlighted on ESMA’s warning for speculative products

The European Securities and Markets Authority (ESMA) has issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who ... Read More
Benjamin Netanyahu

Israel and Cyprus agree gas field cooperation

Prime Minister Benjamin Netanyahu and President Nicos Anastasiades agreed to cooperate over the neighboring Yishai and Aphrodite gas fields. Israel’s Prime Minister Benjamin Netanyahu and the President of Cyprus ... Read More
gas pipeline

Cyprus Blocks Israel-Turkey Gas Pipeline Untill Ankara Mends Ties

Turkey needs to mend relations with Cyprus before the Cypriot government will allow a Turkish-Israel gas pipeline to cross its territory, a government spokesman said. The remarks came a ... Read More

Cyprus will develop offshore gas irrespective of reunification

Cyprus will continue its project of developing offshore gas, keeping this dossier “completely separate” from the negotiations for the reunification of the island, the Cypriot Minister of Energy, Yorgos ... Read More

European Parliament special tax delegation due in Cyprus

A delegation of members of the European Parliament’s Special Committee on Corporate Taxation II – or TAXE 2 – will visit Cyprus on Friday to look into the Cypriot corporate ... Read More

Cyprus: 86 people on ‘Lagarde List’ have been sent tax notices

The first leg of the Tax Department’s investigation into a list of deposits in Swiss HSBC bank in 2003 has been completed, with 86 individuals sent notices, tax czar ... Read More
noble energy

Israeli High Court Strikes Down Noble Gas Deal

Marking a significant setback for gas exploration in the Eastern Mediterranean, Israel’s high court struck down a deal between the government and a U.S. consortium led by Noble Energy NBL -0.65%. Citing the ... Read More

US Treasury rules FBME ‘still a money laundering concern’

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a final ruling imposing prohibition on the opening or maintaining of correspondent accounts for, or on behalf of, FBME ... Read More
Cyprus flag

Cyprus to Exit From Bailout Program

Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by ... Read More

Single market: Commission urges four Member States to comply with the Services Directive in the area of regulated professions

The European Commission is taking further steps in its infringement procedures against Austria, Cyprus, Germany, and Poland on the grounds that their national rules include excessive and unjustified obstacles in the area of ... Read More
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