Cyprus Cabinet Approves Draft Phone Tapping Bill: A New Security Tool or a Step Too Far?
The Cyprus Cabinet has approved a draft bill allowing law enforcement and intelligence services to intercept telephone communications under specified circumstances, with the aim of strengthening criminal investigations and tackle organised crime. Now awaiting parliamentary approval, the proposal has raised significant questions regarding the balance between national security and individual privacy, as well as its …
Can Intellectual Property out perform gold or land?
At critical stages of growth, businesses look outward for capital, to scale operations, enter new markets, strengthen infrastructure or remain competitive. In those moments, management’s attention usually turns to financial performance, tangible assets and historical revenue. Intellectual Property is increasingly recognized as a significant driver of enterprise value, although its strategic importance is not always …
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Cyprus Steps Up Sanctions Enforcement: From Compliance Obligations to Criminal Consequences
On the 25th of July, 2025, the Republic of Cyprus (“Cyprus”) enacted Law 149(I)/2025, formally titled The Criminalization of the Violation of the Restrictive Measures of the European Union Law of 2025 (the “Law”). The Law transposes EU Directive 2024/1226 of the European Parliament and Council of the 24th of April, 2024, which harmonises the …
The New Civil Procedure Rules in Cyprus: Into a Brighter Litigation Landscape
Two years have passed since the introduction of the new Civil Procedure Rules (CPRs) on 1st of September 2023. All proceedings initiated after that date now fall under the scope of the new CPRs, while ongoing cases prior to that date remain subject to the old CPRs. By mirroring the English CPRs content and spirit, …
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An evolving investment landscape: the incoming Foreign Direct Investments screening framework of the EU applied in Cyprus
Background It is an undeniable fact that Foreign Direct Investments (the ‘FDI’) are a key contributor to the Union’s growth as they enhance its competitiveness, create jobs and economies of scale, bring in capital, technologies, innovation, expertise, and open up new markets for the Union’s exports. While maintaining an open investment environment, the EU has …
An evolving investment landscape: the incoming Foreign Direct Investments screening framework of the EU applied in Cyprus
Background It is an undeniable fact that Foreign Direct Investments (the ‘FDI’) are a key contributor to the Union’s growth as they enhance its competitiveness, create jobs and economies of scale, bring in capital, technologies, innovation, expertise, and open up new markets for the Union’s exports. While maintaining an open investment environment, the EU has …
The Future of Banking Compliance Lawyers: Embracing Innovation and AI to Better Serve Banks and Customers in Cyprus and Beyond.
What does it mean to run a business in a financial world that never stands still? The world of banking and finance is undergoing rapid transformation. From the rise of digital platforms and alternative payment systems to the expanding scope of regulatory oversight, today’s financial environment is more complex and fast-paced than ever. At the …
Digital products and services for all? The scope, first days, and big questions around the European Accessibility Act
The European Accessibility Act (EAA) (Directive (EU) 2019/882) made headlines recently for entering into practical application on the 28th June 2025, and thereby setting common accessibility requirements across the European Union for selected digital products and services. While the EEA has been in the works for a while now, what is of more interest is …
Injunctive relief and the Audi Alteram Partem principle
The Latin maxim audi alteram partem, meaning “listen to the other side,” is a fundamental principle of natural justice. It safeguards access to justice and ensures a fair hearing for all parties—not only those formally joined in legal proceedings but also third parties whose rights may be affected.
Cyprus Proposes Tougher Tax Enforcement: New Deterrence Tools Targeting Tax Wrongdoers
Introduction As part of a broader tax reform framework currently under public consultation, the Cyprus government has introduced a series of draft tax bills aimed, inter alia, at strengthening enforcement mechanisms for the collection of taxes and addressing repeated non-compliance.