Turkish Cypriot side ask for Unficyp camp to be removed
Authorities in the north have requested the removal of an Unficyp camp located near a university in Famagusta in the north so that they can...
accounts
Financial Ombudsman says Co-op account set offs largely unlawful (Updated)
By Stelios Orphanides President Nicos Anastasiades on Thursday instructed the financial ombudsman to investigate how thousands of Co-op customers unknowingly had their deposits offset against...
Co-op freezes defaulters’ accounts
The Co-op bank on Friday froze the savings accounts of a number of its customers with non-performing loans in a bid to force them to...
Audit boss threatens to set AG on Thoc
Auditor-general Odysseas Michaelides warned the Cyprus Theatre Organisation (Thoc) on Thursday that if it refuses to handover by Friday documents concerning all performances of Sophocles’ Antigone,...
There can be no control without access to files, audit boss says
Auditor-general Odysseas Michaelides on Sunday hit out at an article in Politis asking ‘who controls the controller?’, saying the report was unethical and without substance....
Company registrar extends deadline for companies to submit documents
The company registrar and official receiver has given registered companies six more months to submit documents at the department, an official said. The registrar extended...
86 people on ‘Lagarde List’ have been sent tax notices
The first leg of the Tax Department’s investigation into a list of deposits in Swiss HSBC bank in 2003 has been completed, with 86 individuals...
New remand for 13 in Ayia Fyla co-op scam
Thirteen suspects held in connection with a loan scam at Ayia Fyla co-operative bank worth almost €12mln, will remain in custody for an additional six...
Swiss examine 133 suspicious transactions linked to 2018 and 2022 World Cups
Swiss authorities are reviewing 133 reports of suspicious financial activity linked to the decisions by soccer’s ruling body to let Russia and Qatar host the...
€1m in dodged taxes already taken from ‘Lagarde List’ accounts
By Angelos Anastasiou About €1 million in previously unpaid taxes has already been seized from bank accounts by the Taxation Department, and undeclared deposits found...
Over 90,000 companies struck off by registrar
The company registrar has struck off 94,000 companies from around 250,000 because they failed to file their annual reports and accounts, it emerged on Tuesday....
New tool for the taxman from January 1
Cyprus will as of January 1, 2016 have a new tool in its arsenal to identify monies hidden abroad as the island will begin implementing...
Barclays sends out new PIN units for accounts about to be closed
IN what has been branded as a “ridiculous” move, Barclays has sent out new PIN ‘sentry units’ to client Clive Flisher so he can access his online...
BoC pushes forward with plans to fill gap left by Barclays
Bank of Cyprus (BoC) on Monday gave out details on what ditched Barclays account holders should to transfer their business to Bank of Cyprus UK....
Barclays to Cyprus-based client: it’s all about ‘influences’ not costs
By Angelos Anastasiou MANY “influences”, some of which “were out of Barclays’ control”, lay behind the decision to close the UK-held accounts of Cyprus residents...
Archbishop vows to put dissenting parish in its place
By Angelos Anastasiou A public row on Tuesday between Archbishop Chrysostomos and the Ecclesiastical Committee of Panayia Trachonas parish over funds intended to be used...
Barclays clarifies account changes
By Angelos Anastasiou In line with the strategy it announced in 2014, Barclays Bank in Cyprus will be closing international banking accounts held in London,...
JPMorgan hack exposed data of 83 million, among biggest breaches in history
Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan...
Last of domestic cap controls lifted
By George Psyllides The government on Friday abolished the last of the domestic capital controls, introduced last year to prevent a bank run after agreeing...
UK shuts down 100 ‘high-risk’ BoC accounts
By Poly Pantelides OVER100 accounts in the Bank of Cyprus UK, a bank subject to UK financial regulations, were shut down by British regulators as...
