Technology, Artificial Intelligence And The Professions Of Lawyer And Judge

In January 2026, the European Commission unveiled its plan to overhaul the EU's Cybersecurity Act, a proposal now known as CSA2. It's the natural next step in a story that began years earlier with the EU's 2020 "5G Security Toolbox" - a set of voluntary recommendations encouraging Member States to be cautious about certain telecom suppliers. That voluntary approach produced patchy results: by most accounts, fewer than half of EU countries had actually acted on those recommendations. It is worth asking whether the adoption levels were however a failure of design, or a reflection of Member States reaching different conclusions about their risk exposures.

Cyprus has long been recognised as a reputable international financial and corporate centre. However, in recent years, the island has also become a target for fraudulent or unlicensed investment and forex companies that exploit its good reputation and European regulatory framework.

Today, 7 May 2026, the EU Parliament and Council reached a provisional agreement on simplification of compliance with the AI Act earlier proposed as part of the Digital Omnibus.

The capital of Bulgaria, Sofia, was ranked among the top 25 cities in Europe at the "fDi and TNW's Tech Cities of the Future" for 2020/21.

On 2 February 2024, the EU's Artificial Intelligence Act was unanimously approved by the Council of EU Ministers.

Cyprus has notified the European Commission of the Cypriot authorities that supervise or enforce the protection of fundamental rights in relation to the use of high-risk Artificial Intelligence (AI) systems...

The Cyprus Securities and Exchange Commission ("CySEC") has announced that it is to establish an Innovation Hub, designed to address and explore the rise of FinTech and RegTech developments.

In June 2024 the European Parliament and European Council have adopted the Regulation (EU) 2024/1689, which will come in force in August 2nd, 2026.

The new regulation aims to establish a comprehensive regulatory framework for cryptocurrencies and other digital assets.

The January issue, of the Great Britain-Cyprus Business Gazette features an article by our Chief Information Officer, Michael Ioannou. In his article Michael explains why the issue of cybersecurity...