Cyprus to rescind citizenships of passport buyers: The Headlines – Business Today
Business Today leads with steps by Cyprus to revoke the citizenship of 26 individuals who have obtained passports via the country’s investment scheme. The Cypriot citizen scheme came under scrutiny following a series of international scandals.
The paper also carries an interview with Financial Services Authority CEO Joseph Cuschieri about a new publication for licenced entities. He said that supervised bodies are now aware of the authority’s expectations of control, governance and compliance standards.