The Basel AML index is published annually since 2012 and it remains the only independent, research-based index by a non-profit organisation ranking countries according to their risk of money laundering and terrorist financing (ML/TF). The Basel AML Index measures the risk of ML/TF in countries around the world. Risk is defined broadly as a country’s […]

Culture is arguably the most beneficial asset a business can have: it can impact on performance, reputation, profit and growth in equal measure. So much has been written about culture in recent years that we are in a position now where most businesses and business leaders understand its value. Compliance culture is a really important […]

The Cyprus House of Representatives on the 18th February 2021 has enacted the long-awaited amending law to the Prevention and Suppression of Money laundering and Terrorist Financing Law 188(I)/2007 thus fully implementing EU Directive 2018/843 of the European Parliament and of the Council of 30 May 2018, (“the 5th AML Directive”). This new enactment, (“the new […]