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...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.