Alternative Investment Funds – ICLG – 2021

The EU's Markets in Crypto Assets Regulation (MiCA) transitional period expires on 1 July 2026, marking a critical deadline for crypto-asset service providers operating in Europe. Without proper MiCA authorisation by this date, businesses must cease operations and implement orderly wind-down procedures, as pending applications do not grant permission to continue providing services. This comprehensive analysis examines the regulatory requirements, compliance obligations, and strategic considerations for cryp

Directive (EU) 2024/1619, published in the EU Official Journal on 19 June 2024 is nearing its transposition deadline of 11 January 2026.

Adult industry businesses operating in Cyprus often find that legal permission alone does not ensure operational stability. Even when content creation, data protection...

Cyprus is evolving from a jurisdiction that simply attracts fintech licenses to one building genuine European fintech infrastructure. With new regulatory frameworks including PSD3, DORA, and MiCA converging, the country faces a critical question: can it develop the banking relationships, payment systems access, and institutional depth required to transform licensed entities into a truly interconnected financial ecosystem?

Launching a high-risk business in sectors like iGaming, crypto, fintech, or adult entertainment requires strategic corporate structuring from the outset. This comprehensive guide examines how jurisdiction selection, ownership transparency, payment flows, and compliance preparation directly impact licensing approval, banking access, and long-term operational stability in heavily scrutinized industries.

It was announced today that Cyprus is suspending the Cyprus Investment Programme in its current form. Suspension will take effect from the 1st of November 2020.

Operating an adult entertainment business in Cyprus may be legal, but securing banking and payment services presents significant operational hurdles. Financial institutions apply heightened scrutiny to these businesses despite full legal compliance, creating challenges that require strategic planning and transparent risk management to overcome.

The European Banking Authority (EBA) has published two significant sets of Guidelines on internal policies, procedures, and controls for the implementation of Union and national restrictive measures.

The licensing Procedure and the operation of E-Money (EMI) and Payment (PI) institutions are currently regulated by the EU Directive 2009/110/EC

ESMA's revised weekly commodity derivatives reporting arrangements went live on 3 September 2026, introducing updated technical requirements, validation rules and XML schema version 2.0. Businesses trading energy or other commodity derivatives must understand their specific reporting role, verify that correct information reaches the appropriate reporting party, and ensure their systems properly handle the new technical framework. Cyprus investment firms, energy traders and groups using commodity derivatives

Cyprus continues to strengthen its position as a reputable and strategically attractive international business hub in today's increasingly regulated global environment.

Firstly, there are two laws governing arbitration proceedings in Cyprus: domestic arbitration proceedings are governed by the Arbitration Law of 1944, Cap. 4...

For years, Environmental, Social and Governance (ESG) disclosures of companies (broadly referring to a company’s environmental impact, social practices and internal governance structure), were largely driven by reputational incentives and sustainable financing, showcasing a “green” or “responsible” corporate branding.

Please watch this webinar from Patrikios Legal.

The 14th package of EU restrictive measures against Russia was issued on the 24th of June 2024. As it seems, the primary aim of the EU was to broaden the coverage of EU sanction.

Artificial Intelligence is rapidly becoming a central part of everyday business operations, from recruitment systems and contract review to predictive analytics and compliance monitoring.

The Cyprus Migration Department has officially announced the reopening of applications for the Cyprus Digital Nomad Visa Scheme. This initiative offers non-EU and non-EEA nationals the opportunity to reside in Cyprus while working remotely for foreign employers or clients.

Artificial intelligence is often presented as either a blessing or a curse. In reality, it has the potential to become both. While AI is transforming modern life in remarkable ways, it is also creating entirely new forms of abuse capable of violating privacy, dignity and fundamental human rights.

In an era where work-life balance is of increasing importance, the use of employee stock option plans is a powerful tool to provide further benefits and incentives to employees ...

The law in Cyprus on the recognition and enforcement of foreign judgments provides for various legal frameworks, the applicability of which depends on the originating country in which the judgment was issued.