Search Results for: Cyprus
Vgenopoulos: there’s no point in Cyprus continuing to investigate me
February 25th, 2016
There are no ongoing investigations in Greece into allegations of wrongdoing by former Laiki Bank strongman Andreas Vgenopoulos, and such investigations in Cyprus have no point, the embattled financier said on Wednesday. In a statement, Vgenopoulos commented on an ...
CySec announced the suspension of license of a Cyprus Investment Firm
February 15th, 2016
The Cyprus Securities and Exchange Commission (CySec), has announced that: The authorisation of the Cyprus Investment Firm ‘Trademarker (Cyprus) Ltd’, number 151/11, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated Markets Law (‘theLaw’), ...
Israel, Greece and Cyprus to explore gas pipeline to Europe
January 29th, 2016
Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, leaders of the three countries said on Thursday. Israel has reported ...
CySec announced settlement with a Cyprus Investment Firm for €350.000
January 27th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a press release to inform that the Commission has reached a settlement with the CIF Banc De Binary Ltd (“BDB”) for the amount of €350.000. According to the CySec’s announcement ...
CySec announced administrative fine of €156.000 on a Cyprus Investment Firm
January 27th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a press release to inform that: The Board of the Cyprus Securities and Exchange Commission (the ‘CySEC’) wishes to inform investors that, at its meeting held on October 12, 2015, decided ...
CySec announced that a Cyprus Investment Firm renounced its CIF licence
January 21st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 9th December 2015, the CIF SA&PM (Cyprus) Limited, which provided investment services via the domain www.sapm.com.cy, renounced its authorization pursuant to section 24(1)(b) of the Investment Services ...
New development in Cyprus Gas field
January 18th, 2016
Cabinet expected to rubber-stamp BG-Noble deal on Monday The cabinet is on Monday expected to approve the participation of the BG Group (British Gas) in Block 12 of the island’s exclusive economic zone (EEZ). BG said in Novemer it had ...
Cyprus:‘Lagarde List’ accounts face €35mln in taxes
January 13th, 2016
Some €35mln in taxes have been imposed on undeclared deposits in 85 Swiss bank accounts included in the so-called Lagarde List, Finance Minister Harris Georgiades said on Tuesday. Speaking before the House Watchdog and Ethics Committees, the minister said ...
Cyprus is ‘next property investment hotspot’, says agency
January 7th, 2016
Cyprus is set to join London, New York and Paris as a top international property hotspot, says a leading agency. Chestertons International says there has been growing interest from investors for luxurious Cyprus properties, with sales rising 23% in October ...
Cyprus: Haircut battle due to kick off within weeks
January 4th, 2016
A GRAND Chamber comprising 15 judges of the European Court of Justice (ECJ) will hear a number of appeals brought by Cypriot bank depositors, who lost their money in the March 2013 ‘haircut’ against the European Commission and the ...
