Category: Expert’s Blog Posts

On June 14th 2018, the Central Bank of Cyprus sent a letter to all financial institutions in which he urged Cypriot banks to close down bank accounts for sham companies.…

I was recently reading The Economist and in one of the more notable articles, the author gave recommendations to Donald Trump to not abuse the leading position of the US…

Recently, I read a new issue of a weekly magazine The Economist, which had an article on assets hidden in offshore accounts. The material claimed that most of the money…

The Cypriot press and the government are in a hurry to convince everyone that the financial crisis of 2013 that led to the closure of Laiki Bank and the loss…

Cyprus unification negotiations in Switzerland have failed due to Turkey’s stance on keeping military bases in Cyprus and rights to intervene in the internal affairs of United Cyprus. Turkish troops…

I am regularly reading news about Cyprus. I can see that there are more and more criminal activities occurring in Cyprus. Examples could be the following – blowing up small…

Within last few weeks, we have received many inquiries about setting up a legal structure for Initial Coin Offering (ICO) and opening bank accounts for similar structures from Russia. I…

America currently has enough turbulence from within. Therefore, in order to soften the internal situation, an external “enemy” is required in order to cause a distraction from the deteriorating internal…

Having an office in Singapore, we are able to recognise a clear trend in opening of bank accounts for Singapore companies where shares are held by foreigners. It is obviously…

Singapore tax authorities (IRAS) have launched a review of Singapore companies for tax compliance. Under a radar of IRAS first came companies applied for liquidation or strike off which paid…