Archives for: cyprus
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Cyprus: Rules for Sanctioned Deposit Confiscations
by Mitch Feierstein about 10 years 5 months ago
THE ENFORCEMENT OF RESTRICTIVE MEASURES ON TRANSACTIONS IN A SITUATION OF EMERGENCY DIRECTIVE OF 2013 Order under articles 4 and 5 WHEREAS there is a substantial lack of liquidity and a significant risk in the outflow of deposits which are likely to endanger the survival of the credit institutions with a chain reaction that could […]