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The Central Bank of Cyprus (CBC) has released its latest analysis of data on non-performing loans in the Cyprus banking sector, covering the period to August 31 2017. The analysis shows aggregate non-performing facilities (NPFs) and related indicators for the domestic operations of credit institutions operating in Cyprus. During the month of August NPFs fell by €497 million ($598 million), a reduction of 2.2%, to €21.9 billion, against a backdrop of a smaller (1.1%) reduction in total facilities, from €49.5 billion to €48.9 billion, over the same period. As a result, the percentage of facilities classified as non-performing fell to 44.7% at the end of August 2017. Total impairment provisions made against NPFs totalled €10 billion as at August 31 2017, accounting for 45.9% of aggregate NPFs.

A recent bill from the US Senate has proposed raising the threshold used to define a G-sib

Regulators have cracked down on fraudulent practices but market participants suggest that it's business as usual for the securities industry

The latest in a series of moves aimed at tackling financial risk, the new rules will try to rein in verbal repo agreements

All the key takeaways from IFLR's January 23 London event in one place

Attention has focused on firms suffering under the weight of the directive, but some may nevertheless benefit

The committee's theoretical function is to protect national security, not national competitiveness. But these lines are blurring

Al-Rayan Bank's sukuk has elements of both Islamic finance and conventional residential loan securitisation

What's in store for EU and UK financial services entities this year? Morrison & Foerster and IFLR take a look at some key developments to expect

The development of communication media, especially mobile devices with internet access, has led to the appearance and rapid growth of several new types of electronic payment services. In particular, as technology advances, software applications that can be used from mobile devices have quickly developed as easy, reliable and secure platforms from which to perform payment transactions, thus increasingly gaining popularity among consumers and retailers.