Category: News

A recipe for potential problems and symptoms of a troubled economy is when the main banks have what is known as excess liquidity. When citizen have to borrow money, however…

Earlier this week, financial authorities such as Bank of Cyprus, issued a ruling officially scaling back on the recently announced controversial bank charges, which corporations and individuals found out about…

The Hong Kong government has announced a 100% cut in profits tax for 2019 (subject to a HKD $21,000 ceiling) in order to help local businesses which have been struggling…

Singapore’s Accounting and Corporate Regulatory Authority (ACRA) has announced proposals for a central non-public register of controllers, first discussed back in 2017. Simultaneously, the company’s legislation will be revised to…

Singapore is introducing new payments legislation that offers global cryptocurrency firms for the first time, to apply for operating licences that will better standardise the industry. The government hope that…

Morgan Gatsby, formerly known as Sidra Capital, is an international service provider and business conglomerate. The firm was founded in Dubai, and operates across a range of sectors in entertainment,…

The OECD has published its eagerly awaited transfer pricing guidance on financial transactions, in a technique it has never produced before and as such is trial guidance. The OECD states…

Statement of the Advisory Authority for Combating Money Laundering and Terrorist Financing on the publication of the 5th Round Mutual Evaluation Report of Cyprus by MONEYVAL, the Committee of Experts…

The Cyprus Advisory Authority has released a statement about the recent publication of the Mutual Evaluation Report (MER) about the island, which has been conducted by MONEYVAL (the Committee of…