By Alisha Houlihan for AMLi
Cyprus has made “some progress” in improving its level of compliance, according to the second enhanced follow-up report published today by the Council of Europe’s Committee of Experts on Money Laundering and Terrorist Financing, MONEYVAL.
As part of its efforts to combat money laundering and terrorism financing, the country has improved its measures in line with the Financial Action Task Force (FATF) standards.
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