![Cyprus facing EU fines over transfer of loans](https://cyprus-mail.com/wp-content/uploads/2024/05/cyprus-business-now-nicosia-construction-property-real-estate-rent-2.jpg?#)
Lawmakers on Monday quibbled on whether Cyprus looks set to face fines from Brussels for failure to transpose into domestic law an EU directive regulating the transfer of loans from banks to credit-acquiring companies. The directive in question is EU directive 2021/2167 on credit servicers and credit purchasers. Member states should have transposed the directive […]