Interior Minister Socrates Hasikos said his ministry is looking to cut red tape in order to attract foreign investment.

NPR: Cyprus: Cash, Security Control For Banks Reopening

This executive order is hardly a war on red tape, and no affected businesses or consumers are going to be able to sue anybody to force compliance--it's just an "order" to agencies to behave.

FORBES: Magazine Article

Although many Wall Street firms tape all calls with clients in order to resolve disputes over trades, Salomon's policy, it appears, is not to do so.

FORBES: Magazine Article