The Financial Intelligence Unit of Cyprus (MOKAS), in accordance with the provisions of the Prevention and Suppression of Money Laundering and Terrorist Financing Law (Law 188(I)/2007, as amended), has published its Annual Report for the year 2024.

The Report provides a comprehensive overview of the Unit’s work during the previous year and includes statistical data for 2024, analysis of findings, typologies, examples of cases referred to the Police, cases of international cooperation, and the freezing of illicit proceeds. It also outlines the Unit’s role and responsibilities, as well as the initiatives undertaken and actions implemented throughout 2024.

The results derived from the statistical data contained in the Report are systematically analysed and serve as an important source of information for the identification of risks and weaknesses, and for enhancing the overall anti-money laundering and counter-terrorism financing framework. This applies both to MOKAS and to all relevant stakeholders in the public and private sectors.

The Annual Report of MOKAS for 2024 is available here