Cyprus - Eighth decree for temporary restrictive measures on transactions

Several updates have followed to first Decree regarding the temporary restrictive measures, issued by the Central Bank of Cyprus (CBC) on the 27th of March 2013.

Today a eighth Decree has been published with some modifications to the temporary restrictive measures on transactions.

As mentioned before the credit institutions reopened, the CBC will closely monitor developments and make appropriate adjustments to ensure the stability of the financial sector.

Read here the full text of the Decree, having the changes highlighted.