It's becoming increasingly evident that EU regulators are scrutinizing companies that strategically utilize Cyprus as a hub for profit shifting and tax optimization. This investigation aims to address concerns regarding tax evasion and the ethical implications of such practices within the European Union. By examining the financial maneuvers of these firms, regulators seek to ensure compliance with existing tax laws and safeguard the integrity of the EU's financial system. The Financial Appeal of Cyprus: A Haven for Corporations Historical Context: The Rise of Cyprus as a Tax Strategy Location Cyprus has emerged......
Continue Reading
Laws
October 27, 2025
Cyprus faces EU criticism over light-touch corporate regime
Over the years, Cyprus has developed a corporate regime characterized by lenient regulations and tax incentives, attracting numerous international businesses. However, this light-touch approach has come under increasing scrutiny from...
Licenses & Payments
October 15, 2025
Why Cyprus is accused of slow action on casino licences
Over the past few years, Cyprus has faced mounting criticism regarding the sluggish processing of casino licences, a situation that raises concerns about the country's regulatory efficiency and economic strategy....
Laws
October 9, 2025
Cyprus nominee networks flagged in latest EU investigations
Nominee networks in Cyprus have come under scrutiny as the European Union intensifies its investigations into financial transparency and compliance. These structures, often used for asset protection and tax optimization,...
Casinos & Bonus, Taxation
August 16, 2025
Cypriot Casinos Accused of Tax Avoidance via Jersey
Just when the spotlight was on the booming casino industry in Cyprus, allegations have emerged involving significant tax avoidance strategies linked to the British Crown dependency of Jersey. These accusations...
Editor’s Choice 1
August 5, 2025
Why Cyprus’s Schengen Accession might alarm its Quietest Guests?
Cyprus joins Schengen in 2026, ending discretion for criminal networks and reshaping border, visa, and regulatory oversight.
Licenses & Payments
June 2, 2025
Malta’s PSP Licences and the Cyprus Connection
Most financial service providers are increasingly eyeing Malta's Payment Service Provider (PSP) licences due to the nation's robust regulatory framework and strategic location. This blog post probes into Malta's licensing...
Editor’s Choice 1, Finance News
April 19, 2025
When Offshore isn’t an Escape: Malta, Cyprus and Gibraltar under Scrutiny
Explore how Malta, Cyprus, and Gibraltar are becoming havens for financial misconduct and what it means for global finance and regulation.
Companies & People, iGaming News
April 5, 2025
DreamPlay expands in Cyprus to shape iGaming future
DreamPlay, a prominent international iGaming solutions provider, is pushing the boundaries of game development. The company has recently opened a new office in Limassol, Cyprus, marking a significant step in...
Editor’s Choice 1, Laws
March 4, 2025
PSPs for Illegal Gambling – Cyprus Plays a Risky Game
Cyprus facilitates illegal gambling and high-risk transactions, risking severe EU sanctions and FATF penalties.
Finance News, iGaming News
December 9, 2024
Allwyn Reports 7% Growth in Q3 2024 Revenue
Allwyn International, a prominent player in the global gaming industry, has announced its unaudited financial results for the third quarter of 2024. The company saw a remarkable 7% year-on-year growth...
Laws, Licenses & Payments
September 14, 2024
The Corruption Behind Cyprus’s Online Casino Licensing Boom
With the surge in online casinos in Cyprus, you may be wondering about the implications behind this rapid expansion. As various operators flock to the Mediterranean island, the integrity of...
iGaming News, Laws
September 14, 2024
Cyprus’s Role in Enabling Shady Online Casino Transactions
Shady online casino transactions often find a convenient haven in Cyprus, a nation frequently associated with lenient regulations and a complex corporate structure. If you're navigating the online gambling landscape,...
Licenses & Payments
September 7, 2024
Cyprus Payment Agents: Risks & Security Tips
It's crucial to understand the potential pitfalls when using Cyprus payment agents for your online casino transactions. While these agents may seem convenient and efficient, they can also expose you...
Laws, Licenses & Payments
September 4, 2024
Lemino Payments Ltd. and the Implications for KYC, AML, and CTF in Online Gambling
In recent years, the online gambling industry has witnessed substantial growth, driven by advances in technology and the expansion of payment processing services that facilitate both fiat and #cryptocurrency transactions.
iGaming News
April 25, 2024
Navigating Europe’s iGaming Wonderland Top Destinations
Most iGaming enthusiasts flock to Europe for its diverse and vibrant gambling scene, with top destinations catering to a wide range of preferences. From world-class casinos to cutting-edge online platforms,...




























