expansion of oversight

Punin Group Visionary Hosts Brunch in Nicosia

The Punin Group, led by visionary Dmitry Punin, has significantly influenced Cyprus’s economic and cultural landscape with projects ranging from smart city developments to highend culinary and entertainment venues in Nicosia and Limassol. Through a recent media brunch, Punin shared his commitment to enhancing the quality of life for Cyprus residents and setting new standards of excellence in various industries.

legislative overhaul increased transparency

Strengthening the Integrity of Wealth Declarations

By Demis Papadopoulos

The wealth declaration system for public officials has undergone a significant overhaul, with the Tax Commissioner now reviewing declarations and electronic submissions replacing paper filings. Declarations will be publicly accessible online, and fines of up to €50,000 and imprisonment are possible for misreporting, aiming to increase transparency and accountability.