International Court of Arbitration rules in favour of Cyprus in FBME case

The International Court of Arbitration in Paris on Tuesday ruled in favour of the Republic of Cyprus in the case of the Federal Bank of the Middle East (FBME), which the Central Bank of Cyprus decided to place under resolution in 2014. The Central Bank said it was fully satisfied with the ruling that “indicates … Continue reading International Court of Arbitration rules in favour of Cyprus in FBME case