Search Results for: Bank of Cyprus
CySec issued a new warning regarding individuals impersonating CySec representatives
November 17th, 2016
Following up on its announcements dated 27 November 2015, 10 June 2016 and 19 October 2016, the Cyprus Securities and Exchange Commission (CySec) would like to remind investors and the general public of the following: From time to time it comes ...
Euro zone house prices keep rising but no bubble yet – ECB
November 3rd, 2016
The euro zone housing market is on its best run since the global financial crisis but prices on average are still only in line with fundamentals with no sign of a bubble last seen in 2007, the European Central ...
CySec warns regarding individuals impersonating CySec representatives
October 20th, 2016
The Cyprus Securities and Exchange Commission ( CySEC) has issued an announcement to warn about: Following up on the relevant Cyprus Securities and Exchange Commission (‘CySEC’) announcements dated 27 November 2015 and 10 June 2016, CySEC would like to inform investors ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
European Parliament Begins Panama Papers Inquiry
September 29th, 2016
The European Parliament has begun its inquiry into the Panama Papers with a hearing with the investigative journalists behind the leak. The European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance, and Tax Evasion (PANA) held its first ...
Recent Upgrade by S&P: What does it really mean?
September 22nd, 2016
The first long-awaited upgrade of the Cyprus economy by the rating agencies for this Fall has finally arrived with the recent upgrade from S&P by one notch (from BB- to BB). Now we are only two notches away from ...
The European Court of Justice decides to say “no” to Cypriot claims of bail in
September 20th, 2016
The European Court of Justice has issued a press release to make public its decision that confirms the dismissal of the actions for annulment and dismisses on the merits the actions for compensation concerning the restructuring of the Cypriot banking sector. ...
Why the EU is doomed
September 16th, 2016
We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis. We normally survive financial ...
Greek police arrest 24 in crackdown on tax-dodging cashless gadgets
August 9th, 2016
Greek authorities said on Monday they had arrested 24 people in a crackdown on about 1,000 small businesses suspected of dodging capital controls and value-added tax by using cashless card-processing terminals linked to banks in Bulgaria. Authorities said hundreds ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
