Some 100 Cypriot companies caught up in the UK and US sanctions fallout are back in business after restructuring their executive boards, removing sanctioned people for helping Russian oligarchs. The Registrar of
Cypriot authorities are working on unfreezing the assets of companies caught up in the UK and US sanctions fallout, while another list includes more Cypriot individuals that enabled sanctioned Russian oligarchs. The
Some €1.2 bln in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, the Finance Ministry said. The ministry told The Associated Press that “the
Cypriot individuals and entities on the UK and US sanctions list will see their assets in the banking system frozen and unable to carry out any transactions in Cyprus. This was confirmed
The Cyprus Securities and Exchange Commission launched a tender for Crypto-Asset Markets Data and Blockchain Analysis Platform Services as applications by Crypto-assets service providers rise. CySEC chair President George Theocharides told CNA
The total value of assets under management (AUM) by Collective Funds declined by 3.9% in the first quarter of 2022 over the previous quarter, while Undertakings of Collective Investments (UCIs) supervised by
Ukrainian authorities have informed Cyprus about their seizure of $420 mln worth of shares and securities linked to the island, which belong to a Russian billionaire and other business people, a Cypriot
Investment funds increased from 257 in December 2021 to 273 in March, but their total assets decreased by 0.55% to €8.692 bln in March, €8.740 bln. According to the Investment Funds statistics from the
Τhe Investment Funds sector in Cyprus was significantly strengthened in 2021, with managed assets increasing 48.7%, even though the consequences of the pandemic and uncertainty continued. According to the Cyprus Investment Funds
The term NFT, or non-fungible token, has frequently appeared in the news, usually followed by an exorbitant amount, which accompanies the sale of one-of-a-kind digital items. Collectable crypto-projects or crypto digital artworks,
