The image and reputation of Cyprus must be protected

22-5-2017 Sigma Live SigmaLive Warm

The image and reputation of Cyprus must be...

Negative reports that harm Cyprus’ image as a reliable financial centre and attractive investment destination have been multiplying lately. Even though our country has intensified its efforts over the past few years to achieve a stricter supervisory framework, there appears to be no end to media reports that show Cyprus operating as a money laundering centre. The grey clouds are increasing by the day.

It all started with the “Manafort” case and the discovery of suspicious transactions by the former head of Donald Trump’s election campaign. The investigations and uproar continue...

Read Full Article at : SigmaLive

The contents of this article including any associated images are © SigmaLive 2017

Trending Cyprus News

Temperatures rising in Cyprus
Temperatures ready to explode in the next few days. The Cyprus Med Office predicts that the weather for the next few days will be ideal for a...
No need to book sunbeds, ceiling price set
THE consumer association on Friday said sunbeds cannot be booked in advance and announced the maximum price operators can charge for beds and...
The heat is on… temperatures reach scorching 38 degrees
Summer is truly here. Temperatures expected to reach season high up to 38 degrees celcius, atmospheric dust to also make its way into the frame....
Coastal development is both chaotic and tragic
By Sir Christopher Pissarides Summer is here and Cypriots are flocking to the beaches for relaxation and adventure. Most will discover new...
Georgiades says ‘no’ to Larnaca passenger tax plan
FINANCE minister Harris Georgiades shot down plans on Friday by Larnaca district municipalities and communities to impose a levy on all...
Brace for heatwave conditions, high risk of fires
RESIDENTS of the island will experience heatwave conditions as a gradual temperature rise, combined with a lack of wind, will dominate the weather...
Syrians sent back to Turkey
Twelve Syrian nationals tried to enter Cyprus hidden inside cargo containers shipped to Famagusta port in the north, from Turkey, Turkish Cypriot...
Reprieve for trapped buyers
The Cyprus government has vowed to continue issuing Title Deeds to trapped buyers despite the recent court rulings that left them in legal limbo...