An EU-mandated report on money laundering in Cyprus contains nothing shocking, sources say. But you would be forgiven for thinking otherwise, given the level of secrecy.
The report was drafted by Moneyval, a branch of the Strasbourg-based Council of Europe, and an Italian unit of Deloitte Financial Advisory, a US-based accountancy firm.
Moneyval interviewed people at Cypriot government institutions to see how they implement international standards.
EUobserver understands t...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login