Rules re­laxed for OBUs, CSE to open 1Q 1996

Financial Mirror (Cyprus) - - FRONT PAGE -

The Cen­tral Bank said it is re­lax­ing rules that will al­low “off­shore” OBUs to trade with Cypriot repa­tri­ates, just as Bar­clays launched a share-deal­ing ser­vice and the of­fi­cial Cyprus stock ex­change was billed for a first quar­ter 1996 launch, ac­cord­ing to the

is­sue 132, on Oc­to­ber 18,

1995.

OBU trades:

New Cen­tral Bank of Cyprus rules will al­low off­shore bank­ing units to ac­cept de­posits from

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