Cyprus
fbme bank operations taken under control
Management of international bank FBME, which has branches in Cyprus, has been taken over by Tanzanias central bank, according to a statement on the banks website.
Cyprus banks register charges on Brits homes
A company representing a group of at least 250 Britons who invested in property in Cyprus and who are now being pursued over loans they cannot afford, is warning that the Cypriot banks are stepping up their activity.
Cyprus fund association admitted into EFAMA
The Cyprus Investment Funds Association (CIFA) has become a member of EFAMA following a “rigorous assessment” of Cyprus’s fund management framework.
two expat focussed ifa companies
The Fraser Mackinlay Group and Caratfin Holdings, two of Cyprus’s largest expat-focussed advisory firms, are to merge, as part of a plan to expand across Europe and Africa.
cyprus trust firms can lubricate licence
Trust and corporate service providers in Cyprus have been told they can expedite the progress of their licence applications for a 500 fee.