Criminal law

Red Notices and Law Enforcement worldwide

Criminals can flee to another country and thus try to evade justice. A Red Notice alerts police worldwide, about internationally wanted fugitives. A Red Notice is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action. It contains two main types of information: Information to identify the wanted person, such as their name, date of birth, nationality, hair and eye color, photographs and fingerprints if available. READ MORE

Prevention and suppression of Money Laundering

Prevention and suppression of Money Laundering activities and financing of Terrorism Legal and regulatory framework According to section 59(1)(a) of the Prevention and Suppression of Money Laundering Activities Laws of 2007 to 2018 (the AML/CFT Law), the Central Bank of Cyprus (‘CBC’) is the competent authority for the enforcement of the provisions of the legislation in relation to the financial activities of entities supervised by the CBC, which include credit, payment, electronic money, currency exchange, leasing and credit acquiring institutions. READ MORE