Forex Scams and how to deal with them
Foreign Exchange (Forex) trading is the conversion of one currency into another for either practical purposes or for gaining profits. Forex trading has developed into the largest trading market in the world over recent years. It operates 24/7 all over the world, bringing together international banks and corporations to trade with each other. Foreign Exchange is available in all currencies...
EMI – Electronic Money Institution
Setting up an EMI – Electronic Money Institution
EMI or Electronic Money Institutions (EMIs) are the digital alternative of a bank where the client funds are stored in an ‘electronic wallet’. The funds are considered electronic money stored on a technical device which is widely used for making payments online.
The EMIs operate through an online platform while having the licence...
The Supremacy of European Union Law over the Constitution of the Republic of Cyprus
Cyprus was a British colony until 1960 and as such the Cyprus legal system was highly influenced by the English legal system and the principles of common law and equity were adopted by the legal system of Cyprus.
The Cypriot Courts apply the following laws:
The Constitution of the Republic
The laws that remained in force under Article 188 of the Constitution
The common law and the...