The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Unit for Combating Money Laundering, also known as Mokas, have signed a Memorandum of Understanding (MoU) to deepen cooperation on preventing and combating money laundering.
According to a statement, the agreement marks “an important step towards protecting the country against modern challenges and threats” and is intended to support more effective, transparent and uniform implementation of the anti-money laundering (AML) framework.
Under the MoU, the two bodies
