Capital adequacy requirements for CIFs

. By Rakis Christoforou BBA, CPA/ABV/CFF, CGMA, ACFE The purpose of the Internal Capital Adequacy Assessment Process (ICAAP) and Pillar 2 in the Basel II framework is to ensure that financial institutions

EU has to rethink tackling youth unemployment

. Intervention by Nicos Anastasiades, President of the Republic of Cyprus, at the Berlin Conference on Youth Employment, on Wednesday, July 3, 2013 Dear Chancellor, I would like to express my appreciation for

Cyprus: The honeymoon is over, Mr. President

. By Dr. Jim Leontiades Cyprus International Institute of Management A president’s first few months in office are traditionally a honeymoon period. Voters withhold judgment until the new president has had a

Cyprus Editorial: It’s everyone for himself

. Strange, how even in the present troubled times, there still is no solidarity, friends have disappeared, alliances have collapsed and basically it’s everyone for himself. We’re not talking about support towards

What’s wrong with an optimistic Fed?

. Marcuard's Market update by GaveKal Research The Federal Reserve made no policy changes on Wednesday—short rates remain near zero and quantitative easing continues at a fast clip of $85bn per month.

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