SUNDAY, 21 OCT 2018



Facebook Linked In Twitter
Invest Cyprus 30/04-30/03/2019

Anastasiades’ Meeting with Akinci set for October 26

Lazarou: Cyprus on Track to Achieve Full Absorption of EU Funds



FxPro Appoints Andreas Jacovides as Compliance Manager and MLRO

FxPro Appoints Andreas Jacovides as Compliance Manager and MLRO

FxPro has appointed Andreas Jacovides as Compliance Manager and Money Laundering Reporting Officer (MLRO) who brings the firm the advantage of being able to understand the internal requirements of a regulator, especially as Europe’s EMIR and MiFID II directives are largely ambiguous.

Jacovides spent seven years at CySec as Anti-Money Laundering and Countering Financing of Terrorism Officer, and brings his expertise from within the regulatory authority itself to FxPro.

Whilst an Officer at CySec, Jacovides was also responsible for the granting of licenses to Cyprus Investment Firms (CIFs) thus knows what the European directive on such matters entails, and what is required to maintain a license.

Prior to joining CySec, Jacovides was an Assistant Consultant at MAP S Platis, where he prepared applications for Cyprus Investment Firm authorization as well as performed internal audits for AML/CFT as part of MAP S Platis consultative venture for CIFs on compliance issues.

Andreas Jacovides completed his formal education in the United Kingdom, having graduated from Nottingham University Business School with a Master of Science degree in Computational Finance, Nottingham being a long standing custodian of the reputation among computer scientists as being one of Britain’s best educational establishments for software engineers and infrastructure architects.

Jacovides has also some experience as a trader, highlighting his experience in regulatory authorities as well as consultancy combined with a year’s worth of trading, as he began his career following his Master’s degree with a position at Nicosia-based proprietary trading firm STCM Trading, where he traded on Euronext LIFFE, Eurex and CME with listed derivative products traded including futures on German bonds, US Treasury notes, Euribor and Eurodollar.



Andromachi Zachariou of Crowe Cyprus receives Global Achievement in Recent ACCA Exams

Andromachi Zachariou, Staff Accountant of Crowe Cyprus, has scored the highest mark in ...

Ackermann to Step Down from BoC Board in 2019

The Boards of Directors of both Bank of Cyprus Holdings Public Limited Company and the ...

A Centre of Excellence for International Activity

A Centre of Excellence for International Activity: This is the vision for Cyprus of ...



China Grows at Slowest Pace since 2009

China has reported its slowest quarterly growth rate since the global financial crisis. The growth figure for the July to September quarter was 6.5% from a ...

Lazarou: Cyprus on Track to Achieve Full Absorption of EU Funds

Cyprus in on track to achieve full absorption of the EU funds earmarked for Cyprus in the programme period of 2014-2020, Lazaros Lazarou member of the EU Court ...

CBC: Residential Prices Index Rises for Eight Quarters but Prices Remain Moderate

The increase of residential property prices remains moderate the Central Bank of Cyprus (CBC) has said as the residential property price index in the second ...

Cryptos: The Future or the Next Bubble?

Cryptocurrencies have undoubtedly been the centre of attention in the markets since they were introduced. Considering the fact that everything is gradually ...

MAP S.Platis Awarded Contract for the Provision of Services to EASO

MAP S.Platis Group is delighted to announce the award of a Contract for the Provision of Interim Services to the European Asylum Seekers Office (EASO) in ...

Cobalt Air License Revoked, Company Recorded Annually €30m Losses in the Past Three Years

Cyprus’ Air Transport Licensing Authority (ATLA) decided to revoke Cobalt Air’s operating license, Alecos Michaelides, the Permanent Secretary of ...

Cyprus Airways Offers Free Tickets to Cobalt’s Passengers

Cyprus Airways expresses its sorrow for Cobalt’s suspension of operation and its support to everyone affected. Cyprus Airways, aiming to minimize ...

TUS Airways Supports Cobalt's Passengers Offering a 20% Discount

The Cyprus-based airline, TUS Airways: “Τhe Ultimate Schedule” will offer Cobalt's passengers, who already bought tickets, a 20% discount in ...