The aim of the operation was to clamp down on organised crime, linked to money laundering in Cyprus, the police said on Monday. Cyprus’ police participated in the bust, during which 23 suspects ...

Banks in Cyprus must implement increased due diligence measures when conducting background checks on politically exposed ...

The Anti-Corruption Commission, or ACC, has summoned 12 individuals, including Ahsanul Alam, former chairman of Islami Bank ...

Are there success stories in the international fight against money laundering and sanctions evasion? The island nation of Cyprus is making its case. Cyprus has long been a hub of financial connections ...

A case has been filed against 66 suspects, including the leader and members of the international armed organized crime group ...

Halil Falyali, a Turkish Cypriot businessman known for his flashy lifestyle and political connections, was shot dead in 2022.

Maria Aristidou Demetriou, chief compliance officer at Cyprus-based Hellenic Bank, spoke to Compliance Week about derisking in the Cypriot banking sector since Russian’s invasion of Ukraine and ...

was found with passports from Cyprus, China and Cambodia, and was jailed for 14 months on April 4, 2024. He had pleaded guilty to one charge of resisting arrest and two money laundering charges.

Kleptocracy, a term derived from the Greek for "rule by thieves," describes a system where business success and political ...

The network reeled in monthly profits of up to 18 million Ukrainian hryvnia ($431,923) from the production and selling of 60 ...