Business carried out by Cyprus banks no different from elsewhere, MONEYVAL says – June 17, 2013
The business carried out in Cyprus banks is not intrinsically different from international business carried out in other jurisdictions, a special assessment of the effectiveness of customer due diligence measures in Cyprus’ banking sector by MONEYVAL says.
In its assessment the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL), notes that it conducted the assessment after being invited to do so in March by Eurogroup Working Group President Thomas Wieser. This was agreed between Cyprus and its Eurogroup partners “as part of the preparations for an adjustment programme that would underpin the assistance” agreed to be granted to the country.
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Meeting of the Minister of Foreign Affairs Kasoulides with his British counterpart – June 17, 2013
The Minister of Foreign Affairs, Mr Ioannis Kasoulides, attended a working lunch, on Monday, June 17, in London, with his British counterpart, Mr William Hague. Mr Kasoulides was accompanied by the High Commissioner of Cyprus in Britain, Ambassador Alexandros Zenon and other officials. During the lunch, that was conducted in a friendly atmosphere, the main issues of discussion were the bilateral relations between the two countries, the Cyprus problem, the financial situation in Cyprus and energy issues. The two Ministers also reviewed the recent developments in Turkey and exchanged views on the situation in the Middle East, with particular emphasis on the Syrian crisis.
After the meeting, the Minister of Foreign Affairs made the following statement: “We had the opportunity to talk about all issues concerning the United Kingdom and Cyprus. With regard to the Cyprus problem we fully explained our known positions concerning the resumption of the Cyprus negotiations in October. We also discussed bilateral issues, which we have decided to continue to follow in the framework of a dialogue. Although sometimes we may have issues on which we have different approaches, it is good to have them remain within the framework of discussion and dialogue, take the ones on which we thought we disagreed but actually do agree on and leave the rest to continue discussing them.
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Latest News
Ambassador Vale de Almeida Welcomes Launch of TTIP Negotiations
At yesterday’s G8 Summit in Lough Erne, Northern Ireland, leaders of the European Union and the United States launched negotiations for a sweeping EU-U.S. trade and investment pact. The first round of talks will take place in Washington, D.C., in July. Ambassador João Vale de Almeida, Head of the EU Delegation to the United States, welcomes this historic development in an article in the Huffington Post (June 17, 2013).
See article here
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Cyprus - U.S. Chamber of Commerce - Discussion on Cyprus Financial Crisis
On the 22nd of May beginning at 6:30 PM, the Cyprus-US Chamber of Commerce will be hosting an event to discuss the Financial Crisis in Cyprus. This will be co-hosted by Ms. Koula Sophianou, Consulate General of the Republic of Cyprus and Aristos Constantinou, Cyprus Trade Commissioner in New York.
Follow this link for additional information: www.cyprususchamber.com/wp-content/uploads/2013/04/cyprus-financial-crisis-event.gif
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Statement by Minister of Foreign Affairs, Mr Ioannis Kasoulides, following the bombing attack in Boston - 16/04/2013
I would like to express my utter indignation with regard to the bombing attack in Boston, which resulted in the loss and injury of human lives. Our thoughts are with the victims and their families, while we wish a speedy recovery to the injured.
Cyprus condemns terrorism in all its forms and manifestations. The perpetrators of this heinous act should swiftly be brought to justice. We express our condolences and solidarity to the Government and people of the United States of America.
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