Navigating the Complexities of FATF Grey-Listed Countries: Risks, Strategies, and Opportunities
The Financial Action Task Force (FATF) has announced its latest updates to the Grey List, identifying jurisdictions with strategic deficiencies in their frameworks for combating money laundering, terrorist financing, and proliferation financing. The recent plenary session saw Laos and Nepal added to the list, while the Philippines exited after implementing significant regulatory improvements. For businesses […]
Elias Neocleous on Cyprus as a Business & Innovation Hub
In Citywealth Weekly, Elias Neocleous, Managing Partner of Elias Neocleous & Co LLC, highlights Cyprus’ rapid growth as a leading startup ecosystem in the EU, particularly in fintech, gaming, and deep tech. He credits government-backed funding, investment incentives, and talent attraction initiatives for creating an environment where startups can thrive and scale internationally. He also […]