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Cyprus PIO: News Update in English, 03-08-21
From: The Republic of Cyprus Press and Information Office Server at <http://www.pio.gov.cy/>
[01]Thursday, 21 August 2003 President Papadopoulos condemns bomb attack
against UN Headquarters in Baghdad
[02] Foreign Ministry urges all parties to end violence in Middle
East
[03] The Central Bank of Cyprus and the National Bank of Slovakia signed a
"Memorandum of Understanding"
[01] President Papadopoulos condemns bomb attack against UN Headquarters in
Baghdad
The President of the Republic, Mr. Tassos Papadopoulos, sent on Wednesday,
a letter of condolences to the UN Secretary-General, Mr. Kofi Annan,
regarding the attack against the UN Headquarters in Baghdad. The President/s
letter reads as follows: "It was with great shock and distress that I was
informed of the attack on United Nations Headquarters in Iraq and the loss
of so many lives including that of your Special Representative, close
associate and dear friend, Mr. Sergio Vieira de Mello.
On behalf of the Government and people of Cyprus, please accept Excellency,
our most sincere and heartfelt condolences. This cowardly attack must not
be allowed to divert the efforts of the United Nations and of the
international community from its mission of assisting the Iraqi people in
their quest for rebuilding their shuttered country. The United Nations, in
this difficult time, must persevere and continue its noble endeavor. Let me
assure you of our full and unwavering support in these trying times".
The Ministry of Foreign Affairs, in a statement yesterday, also condemned
the bomb attack against the UN headquarters in Baghdad and expressed its
deep regret for the victims, including UN Secretary-General's Special
Representative to Iraq, Sergio Vieira de Mello. "The Foreign Ministry
believes that such actions should not be allowed to influence the
humanitarian work and reconstruction of Iraq which must continue despite
these adverse conditions", the statement said. "This incident confirms once
again the dire need for the international community to form a common front
against terrorism, which is a threat for every country and society.
Cyprushas repeatedly declared that it remains committed in the fight
against this irksome phenomenon", added the Ministry of Foreign Affairs.
[02] Foreign Ministry urges all parties to end violence in Middle
East
The Ministry of Foreign Affairs strongly condemns the latest suicide attack
on a bus in West Jerusalem on Tuesday night, in which at least 15 people
were killed and about 100 were injured. "These actions, besides the human
tragedy they cause, undoubtedly they derail the peace process", the Foreign
Ministry said in a statement issued yesterday, urging "all parties to put
an end to this cycle of violence and to help create a climate conducive to
trust and mutual understanding. Violence and terrorism must not hinder the
peace process and the full implementation of the Road Map, which offers the
best alternative to final settlement in the Middle East", the Ministry
added. The Foreign Ministry also expressed deep sorrow and sympathy to the
families of the victims as well as those injured, stressing it condemns
''such terrorists acts that fuel the cycle of violence in this volatile
area''.
[03] The Central Bank of Cyprus and the National Bank of Slovakia signed a
"Memorandum of Understanding"
The Central Bank of Cyprus and the National Bank of Slovakia ("NBS")
recently singed a "Memorandum of Understanding" on mutual co-operation and
exchange of information in the field of banking supervision. The NBS is the
competent authority for the regulation and supervision of the Slovakian
banking system. The Central Bank of Cyprus, in addition to being the
country's monetary authority, is also the banking supervisory/ regulatory
authority as well as the licensing and regulatory authority for International
Collective Investment Schemes, their Managers and their Trustees under the
International Collective Investment Schemes Law of 1999. The "Memorandum of
Understanding" has been signed on behalf of the Central Bank of Cyprus by
its Governor Mr. Christodoulos Christodoulou and on behalf of the National
Bank of Slovakia by its Governor Mr. Marian Jusko. The "Memorandum of
Understanding" establishes a general framework of mutual co-operation and
exchange of information between the two authorities with a view to
facilitating the performance of their cross-border regulatory functions and
responsibilities and enhancing the supervision and regulation of banking
institutions, in accordance with their respective laws and regulations. The
Central Bank of Cyprus pursues an active policy of signing "Memoranda of
Understanding" for co-operation and exchange of information, in the fields
of its competence, with respective overseas authorities. In the field of
banking supervision "Memoranda of Understanding" have been signed with the
Central Banks of countries whose banks already have or may have, in the
immediate future, a presence in Cyprus. "Memoranda of Understanding" in
this field have already been signed with the Central Bank of the Russian
Federation, the Bulgarian National Bank, the National Bank of Ukraine, the
National Bank of the Republic of Belarus, the National Bank of Yugoslavia,
the National Bank of Romania and the Financial and Capital Market
Commission of Latvia. Moreover, negotiations are currently in progress with
seven other overseas banking supervisory authorities for the signing of
similar documents. In the field of regulating the provision of international
financial services, "Memoranda of Understanding" have been signed with the
Greek Capital Markets Commission, the Czech Securities Commission, the
Federal Commission for the Securities Market of Russia and the Lithuanian
Securities Commission.
From the Republic of Cyprus Press and Information Office (PIO) Server at http://www.pio.gov.cy/
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