First Decree for Temporary Restrictive Measures on Transactions of Foreign Banks
The Tenth Decree for Temporary Restrictive Measures on Transactions has come into force, which entails significant relaxations in the measures in place. The main changes made are: - An increase in the limit for transfers of money or cashless payments to…
The Enforcement of Temporary Restrictive Measures on Transactions in case of Emergency Ninth Decree, of 2013
The eighth Decree came into force on 14 April 2013. Eighth Decree for Temporary Restrictive Measures on Transactions
The Seventh Decree of Temporary Restrictive Measures in Transactions was published. It contains clarifications in relation to payments and transfers to other credit institutions. In this context: 1. Money transfers are allowed up to €2.000 per month per natural person per institution…
The Cypriot Minister for External Affairs, Ioannis Kasoulides, had a meeting with the India Minister of State for Foreign Affairs, Preneet Kaur, yesterday morning, 11/04/2013, within the mandate of the three day visit of the Indian Minister of State for…
The sixth Decree came into force on 11 April 2013. The Decree includes a further loosening of the capital controls first introduced on 27 March 2013. In this context: 1. Cashless payments and/or transfers of deposits/funds in an account held…
A fifth Decree has been published with some modifications to the temporary restrictive measures on transactions. The Central Bank of Cyprus will closely monitor developments and make appropriate adjustments to ensure the stability of the financial sector. In this context:…
The restrictive measures contained in the fourth Decree issued on 3 April 2013 remain the same as those in the third Decree dated 2 April 2013. The issuance of a new Decree was necessary due to the expiry of the…
A third Decree has been published with some modifications to the temporary restrictive measures on transactions. As mentioned before the credit institutions reopened, the Central Bank of Cyprus will closely monitor developments and make appropriate adjustments to ensure the stability…