Articles

Cyprus: disclosure of beneficial owners

Cyprus: disclosure of beneficial owners

On 23 February 2021 Cyprus enacted the amending Law on Prevention and Suppression of Money Laundering Activities to implement in Cyprus the 5th EU Anti-Money Laundering Directive.

Interest rates and usury in cyprus and the uk

Interest rates and usury in cyprus and the uk

Interest was always the basis for making and accumulating profits in the lending industry. Despite its coherent simplicity as a term, interest rates have been the subject of numerus debates either from a legal or an ethical perspective.