DFAS Insights 2016-2022

The aggregated DFAS transactions from January 2016 to July 2022 constitute 15.5% of the total transfer volume corresponding to approximately 16300 transfers. Most DFAS transactions identified in Nicosia consisting 36% of the total volume, followed by Limassol with 22%, Larnaca 19%, Paphos 18% and Famafusta with 5%.

The total Declared Amount of DFAS sum up to 4 billion euros which is approximately 20.3% of the grand total amount of all transfers recorded at DLS within the period under consideration.

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