Mondaq award for Contributor Most Read in Cyprus

Mondaq, launched in 1994, is one of the most comprehensive Internet repositories of professionals’ knowledge and expertise. It disseminates legal, regulatory and financial commentary and information supplied directly by hundreds of the world’s leading professional advisors, covering more than 80 countries, and tracks detailed readership of this information through its website and distribution network. At […]

Reduction of non-performing loans in the Cyprus banking sector

On 7 November the Central Bank of Cyprus (CBC) published its latest analysis of data on non-performing loans in the Cyprus banking sector, covering the period to 31 July 2018, showing aggregate non-performing facilities (NPFs) and related indicators for the domestic operations of credit institutions operating in Cyprus. Overseas operations are excluded. During the month […]

New Memorandum of Understanding on cooperation with Russia in combating crime

On 18 October 2018 the Cyprus Ministry of Justice and Public Order and the Prosecutor General’s Office of the Russian Federation signed a memorandum of understanding on cooperation in combating crime and protecting human rights and fundamental freedoms. Cooperation between the two authorities will include exchange of information on their legal systems and their national […]