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European Commission Updates High-Risk Jurisdictions List in AML/CFT Regimes

Brussels: The European Commission has announced an update to its list of high-risk jurisdictions that present strategic deficiencies in their national anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. EU entities under the AML framework are required to exercise enhanced vigilance in transactions that involve these countries, a

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Cyprus Marks Kataklysmos Festival Amid Drought

Larnaca: Cypriots are celebrating the Kataklysmos Festival, which marks the 50th day after Easter and coincides with Pentecost. The celebration is traditionally associated with water and is mainly observed through events organized by coastal municipalities, culminating today, even amid a period of drought. According to Cyprus News Agency, many customs

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Minister of Labour to Attend ILO Summit in Geneva

Geneva: Minister of Labour, Yiannis Panayiotou, travels to Geneva on Monday to attend the 113th Session of the International Labour Conference (ILO) and the 2nd Forum of the Global Coalition for Social Justice. According to Cyprus News Agency, the Summit and the Forum, as noted in a press release by

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