Russia-Turkey strange bedfellows

For Cyprus, the Russian-Turkish relations have a particular interest for two reasons. First, because of the positive stance of Russia on the Cyprus problem, which annoys Turkey, and second, because of the

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Take charge of your IBAN

The International Bank Account Number (IBAN) is a standard account number structured according to the specifications issued by the European Committee for Banking Standards (ECBS) and the International Organisation for Standardisation (ISO).

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Time for anti-corruption agency

The House of Representatives is set to vote on 9 December 2021 on a bill – which has been pending for years – to establish an Independent Anti-Corruption Authority. The UN has

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Changing environment for banks

The pandemic has caused new turmoil and highlighted the ongoing concerns within the European Authorities about the Union’s banking system. The turmoil accelerated the reassessment and upgrading of the operating rules of

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Risk of a new NPLs iceberg

The decisions made by the European Central Bank (ECB) in the early stages of the Covid-19 pandemic are considered a milestone for the European financial market. The decisions were diffused by unprecedented

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Making cross border money transfers easy

New FinTech players are entering the market, presenting end-users with compelling solutions. Innovation appears to be coming from outside the traditional banking sector, especially for mobile and internet payments. FinTech companies offer

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