Cyprus: White Collar Crime, Anti-Corruption & Fraud

Transparency International's Corruption Perceptions Index (CPI) for 2024 reveals persistent global challenges in combating public sector corruption.

As one of the very few common law jurisdictions within the European Union, Cyprus has well established itself as a commercial, corporate and tech hub over the past few years.

Please set out the various regimes applicable to recognising and enforcing judgments in your jurisdiction and the names of the countries to which such special regimes apply.

In December 2024, the Cypriot Parliament passed legislation prohibiting cash transactions exceeding €10,000 as part of its efforts to combat money laundering and financial crimes.

In European Criminal Law, the European Arrest Warrant (the "EAW") represents the first and most significant effort to implement the principle of mutual recognition which is an essential concept in judicial cooperation,

In criminal cases, accusations of wrongdoing can arise even when the accused had no intent to commit a crime. Misunderstandings, procedural errors, or even malicious actions by others can lead to charges, such as those involving false declarations under oath.