The Cyprus Chamber of Commerce & Industry (KeveI) announced that it has prolonged the application deadline for its I-STARS grant scheme, catering specifically to tourism businesses.

The third quarter of 2023 saw a significant decline in the assets of investment organisations in Cyprus, despite a rise in their numbers, according to a report released on Friday by the Central Bank of Cyprus (CBC) for September.

We are pleased to share the release of the 12th edition of Lexology’s In-Depth ‘Private Wealth and Private Client Review’ (the ‘Review’).

The Cyprus Investment Funds Association (CIFA) on Friday expressed its commendation for the recent approval by the Cabinet of a draft law regarding the establishment and operation of Fund Managers and Undertakings of Collective Investments.

Tourist arrivals in Cyprus during the first ten months of 2023 soared by 21.1 per cent compared to last year, according to a report released on Friday by the Cyprus Statistical Service (Cystat).

In preparing your Cypriot business’ budget for 2024, account needs to be taken for increases in Social Insurance contributions effective 1 January 2024.

The Bank of Cyprus is set to complete its Minimum Requirement for Own Funds and Eligible Liabilities (MREL) target one year earlier than expected, signalling progress towards sustainable profitability, as announced in the bank’s financial results for the nine months ending in 2023.

We are thrilled to announce that Elias Neocleous has recently achieved re-certification with ISO 9001:2015 and received certification with ISO 45001:2018, underscoring our commitment to excellence in quality management and occupational health and safety standards.

This article is an update to our earlier article entitled: UBO Register in the Republic of Cyprus: Registrar of Companies Imposes Deadline for Compliance & Updates on Final Solution.

The Bank of Cyprus on Monday reported robust financial results for the nine months ending September 30, 2023, posting an after-tax profit of €349 million, combined with a strong quarterly performance, while highlighting a liquid, resilient balance sheet.