The Interim Solution providing for the establishment of an ultimate beneficial ownership (UBO) Register for Cypriot entities has launched on 16 March 2021 and is in operation. The obligation to identify and record all relevant information of the beneficial owner(s) who own or control entities burdens all Cypriot entities, including companies incorporated or registered under the Companies Act (Cap.113) and European public limited liability companies. Moreover, the Registrar of Companies has also announced that the final solution will be established following the conclusion of this Interim Solution and the collection of all UBO information.

EY Cyprus is proud to announce the launch of a new Web-Based Learning (WBL) initiative, an expansion of the offerings of the EY Academy of Learning and Development.

Job vacancies in Cyprus recorded an annual increase by 6.8% in the 4th quarter of 2020, with the largest increases being recorded in Manufacturing and Information and Communication sectors.

It has been decided to buy an amount of the Russian Sputnik V vaccine once it will be approved by the European Medicines Agency, government spokesman Kyriakos Koushos told state radio.

The island’s Pharmaceutical Service has set up a call centre for citizens who need to report possible post-vaccination side effects or are desperate for guidance or advice.

Pharmacists’ long-standing wish to contribute to the island’s rapid test efforts has received the Health Ministry’s nod, the head of the Pancyprian Pharmaceutical Association Eleni Piera-Isseyegh told Kathimerini Cyprus.

The European Commission has launched the process for a vote in the Quality Committee on March 26 on the Protected Designation of Origin (PDO) of the Halloumi/Hellim file, an EC spokesperson told the Cyprus News Agency (CNA) on Tuesday.

The pandemic has been the biggest catalyst for digital transformation in Cyprus, forcing changes that otherwise would have taken three to five years to accomplish under normal circumstances, the minister for digital transformation Kyriakos Kokkinos has said.

Cyprus is set for a summer of love as hundreds of Brits are planning on getting married on the sun-splashed island following an announcement that vaccinated tourists are welcome from May 1.

Health authorities in Cyprus on Monday re-evaluated the epidemiological state of play of various countries and published their new categorisation.