Category: Micronews

Singapore Prime Minister Lee Hsien Loong announced in his keynote speech at the Singapore Tech Forum 2020 last week that Singapore requires more technology talent and a newly announced work…

According to a study by a global advocacy group, tax abuse by international companies and avoidance by HNWIs (high net worth individuals) is costing countries USD $427 billion each financial…

Currently, the situation in the Singapore labour market shows a strong demand for certain specialists while the other job roles remain at a lower demand level. The leading positions in…

Last week the European Commission sent a reasoned opinion to Cyprus for failing to implement the 5th Anti-Money Laundering Directive (AMLD5) into national and local legislation. The implementation deadline for the directive has…

This week the Cyprus Interior Ministry have announced that they are facing over 1,400 pending applications from the citizenship by investment programme that the government was forced to abandon in…

The United States expect to see further assurances on the ability of Cyprus to deny port access to Russian naval vessels, according to the US Assistant Secretary of State for…

A spokesman for the public prosecutor’s office in Cologne, Germany, confirmed the existence of two international detention orders without specifying who, however German newspaper Süddeutsche Zeitung confirmed it was Jürgen…

After being implicated in an investigation exposing Cyprus’ shady Passport-by-Investment Scheme, the President of the Cypriot Parliament, facing mounting political pressure to resign, announced yesterday that he would step down…

As bank secrecy has gone with the wind, offshore company’s secrecy will follow the same route.

MONEYVAL has assessed the progress made by the Czech Republic on the FAFT Recommendations. MONEYVAL has recorded the progress was made on the improvement of mechanisms for national cooperation and…