Search Results for: Cypriot
Central Bank of Cyprus fined Hellenic Bank for more than €1 million
July 18th, 2016
The Central Bank of Cyprus (CBC), within the remit of exercising its supervisory role, may take, under subsection (6) of section 59 of the Prevention and Suppression of Money Laundering Activities Laws of 2007 to 2016, all or any ...
New Cyprus Investment Firm authorised by CySec
July 12th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “New Vault Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
Cyprus Blocks Israel-Turkey Gas Pipeline Untill Ankara Mends Ties
July 7th, 2016
Turkey needs to mend relations with Cyprus before the Cypriot government will allow a Turkish-Israel gas pipeline to cross its territory, a government spokesman said. The remarks came a week after Israel and Turkey reached a rapprochement, ending a ...
CySec issued a Circular to inform Cyprus Investment Firms regarding Quarterly Statistics
July 4th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular to infom Cyprus Investment Firms in relation to their Quarterly Statistics and Authority’s request for the electronic submission of information. According to CySec: 1. Information requested by CySEC ...
A new Cyprus Investment Firm is authorised by CySec
June 15th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that the authority has authorised a new Cyprus Investment Firm. According to CySec, “B.I.A. Blueport Investment Advisors Ltd“ has successfully obtained the CySec ...
Cyprus gas latest: Total to start drilling in early 2017
June 13th, 2016
French oil major Total will likely commence exploring for gas in their offshore Block 11 concession in early 2017, energy minister Giorgos Lakkotrypis said on Thursday. Speaking to the Sigma television channel, Lakkotrypis was also asked to comment on ...
Cyprus will develop offshore gas irrespective of reunification
May 26th, 2016
Cyprus will continue its project of developing offshore gas, keeping this dossier “completely separate” from the negotiations for the reunification of the island, the Cypriot Minister of Energy, Yorgos Lakkotrypis, said today (26 May). Speaking to a small group ...
A new CIF license announced by CySec
May 10th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Lydya Financial Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
CySec announced the license for a new Cyprus Investment Firm
May 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Magic Compass Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
Cyprus gas discovery a key factor in EU energy objectives, says European Commission
April 28th, 2016
The European Commission is examining the impact of possible Cypriot gas reserves in the offshore area between Cyprus and Israel, in order to diversify the energy mix used by the EU, and break off the island`s energy isolation, Commission ...
