Cyprus
Cyprus laws set to protect offshore homeowners from bank seizure
New laws designed to protect homes from being seized by Cypriot banks are set to be passed in Cyprus following months of delays.
Cypriot banks to face courts over
Judicare is gearing up to take action against Cypriot banks next month over allegations that they mis-sold loans to around 200 UK investors in order to support their failed property investments in the country.
FM Group merges third IFA firm
FAA Insurance Advisers is to merge into the FM Group, with the former FAA managing director Ross Pays to establish an in-house international tax planning division.
fbme bank arbitration over unilateral decision
FBME bank has filed a request for arbitration with the Cyprus International Chamber of Commerce in a further move aimed at overturning the central banks unilateral decision to sell its Cyprus branch.
fbme loses cyprus court challenge
The Supreme Court of Cyprus has rejected an application by FBME bank that sought to suspend the sale of the branch’s operations on the island, as reports say EY investigators are continuing to look at money laundering claims made last month by the US Treasury Department.