Additionally, Cyprus also failed to incorporate provisions on its jurisdiction “over the offence of money laundering”. As such, Cyprus and Greece have received a reasoned opinion to which they ...

A cross-party trio of Cyprus MPs has proposed a bill amending a recent EUR10,000 (about US$10,500) cap on cash transactions, ...

A suspect in an alleged Russian spy ring was arrested Tuesday in Cyprus a day after 10 other suspects in the case were arrested in the United States. Robert Christopher Metsos was arrested at Larnaca ...

As of December last year, Cyprus's anti-money-laundering unit confirmed they had launched an investigation based on information given to them by Hermitage Capital. Other European countries have ...

Known as a mecca for Russian money laundering, Cyprus is trying to clean up its act. Show more Five years ago, Cyprus was in crisis. An international bail-out worth over ten billion dollars saved ...

The commission is investigating allegations that S Alam Group chief and Managing Director Saiful and his family laundered $1 billion to Singapore, the British Virgin Islands, Cyprus, and other ...

Fourteen people have been arrested in Spain and Portugal in a series of raids targeting a €1tn (£828bn) criminal, money-laundering network working with gangs across Europe. Most of the suspects ...