Amendments to the Prospectus Law – L.114(I)/2005
NO OBLIGATION TO PUBLISH A PROSPECTUS FOR PUBLIC OFFERING OF SECURITIES UP TO €5.000.000 A. INTRODUCTION On 19 April 2019, the House of Representatives passed Law No. 57(Ι)/2019 amending the Public Offering and Prospectus Law No. 114(I)/2005, (the “Prospectus Law”).
Listing on the Regulated Market of Cyprus Stock Exchange
E. LISTING PROCESS Depending on the method of listing, market and complexity of the issuer, the listing preparation and procedure can be summarized as follows: (Please refer on our website for the chart)
Taking The Right Steps To Ensure You Do Not Commit The Offence Of Failure To Prevent The Facilitatio
Nicola Sharp outlines what needs to be done to avoid thefailure to prevent offence that was introduced by the Criminal Finances Act.
The Right Way To Report A Company’s Failure To Prevent The Facilitation Of Tax Evasion
Self-reporting such a failure can be used as part of thecompany or partnership’s reasonable procedures defence if it is charged with anoffence. It can also be taken into account by prosecutors when making adecision about whether to prosecute and can be reflected in any penalties thatare imposed
Insider Trading: Legal or Illegal?
Insider trading is exploitation of confidential information which is based on the sale and purchase of financial instruments of a corporate entity referred to as insider. The information pertaining to financial instruments can influence the public at large if disclosed. An act will be called insider trading if such information is provided to a third …
How to resolve real estate disputes in Dubai?
Dubai has experienced major ups and downs in the real estate sector, and the disputes arose tested the veracity and legal standing of these laws from time to time. Almost after a decade of rigorous implementation, the real estate laws of Dubai, as elucidated by Property lawyers in Dubai are now much more robust. The …
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Ramadan Etiquette’s: Holy Month of Ramadan in UAE
Ramadan is the ninth month in the Hijri Calendar. It is viewed as the holiest month of the year and annually observing the month of Ramadan is considered as one most important pillar of Islam. Best Lawyers of Dubai, before this holy month of Ramadan, would like to express a few changes during this month …
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Do You Want To File a Case For Theft?
Theft involves obtaining someone else’s property with the intention of depriving the other person permanently from such movable property without their consent. Stealing money, accepting stolen goods or property or obtaining goods by masquerade. Legal Consultants of Dubai often suggest clients consider important points highlighted in this article in the case of theft. Federal Law …
UAE Employment Essentials for Employers, Entrepreneurs and Investors
I. Introduction UAE Federal Law No. 8/1980 as amended (the "Labor Law") governs all employment matters apart from government employees, agricultural and domestic employees, and employees working in the Dubai International Financial Centre ("DIFC") and the Abu Dhabi Global Market ("ADGM"). Both the DIFC and ADGM are economic free zones that are separate jurisdictions and …
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A brief history of Gulbenkian Andonian Solicitors
A brief history of Gulbenkian Andonian Solicitors written by Co-Founder, Dr Bernard Andonian