134 results found

The moment a business expands across borders or an entrepreneur begins managing several ventures, the structure behind the operations becomes just as important as the business itself.

Sanctions compliance is no longer a technical back-office function. It is a board-level risk, a reputational issue, and in many cases, a criminal exposure.

The UK Supreme Court has delivered a landmark ruling confirming that fiduciaries who secretly profit from their position hold those gains on constructive trust for beneficiaries from the moment of receipt. The decision establishes that third parties who dishonestly assist in dissipating such profits face full liability, even when beneficiaries suffered no direct financial loss and would never have generated those profits themselves.

A statutory audit is a legal requirement for many Cyprus companies. But for companies with proper accounting departments, international groups with Cyprus subsidiaries, and management teams that rely on accurate...

Dissolving a Cyprus company can be a complicated or a straightforward process however it is a procedure that requires careful planning and execution.

The principal source of law governing shareholder rights and activism is the Companies Law, Cap. 113, which sets out the rights of shareholders in both public and private companies.

Across the EU, regulators are transitioning from observing AI adoption to actively supervising its use through a risk-based regulatory framework.

In cross-border structuring involving Cyprus entities, nominee director arrangements and powers of attorney (PoA) are widely used. However, the distinction between the two is often misunderstood, leading to governance gaps, regulatory exposure, and potential non-compliance.

A question we hear constantly from international clients is whether a Cyprus company managed from abroad actually saves tax when the owner lives and works outside Cyprus.

In the field of professional services, clients often assume that the communications they have with their accountants, auditors, or corporate service providers are protected...

DORA represents a major shift in how the European financial system manages digital risk. It is not simply another cybersecurity regulation, it is a governance and resilience mandate

Regulated Markets and other Related Matters (implementing MiFID) Law 144(I)/2007 provides the legal framework for the provision of investment services.

Key Instances of the Interrelationship between the Articles of Association, Shareholders Agreements, the Companies Act Cap 113 and common law principles ...

What ultimately determines whether a compliance programme succeeds or fails? Most professionals would point to effective controls, robust governance, adequate resources, regulatory expertise, or technological sophistication. All of these are important.

1.1 What are the main corporate entities to be discussed? The basic law regulating corporate entities in Cyprus is the Companies Law, Cap.113 as amended ("the Companies Law").

When a new company is formed, the shareholders are usually focused on the opportunities ahead rather than the possibility of future disagreements. The parties may be long-standing friends, family members, business...

Directors of Cyprus companies carry significant legal responsibilities that extend beyond routine management tasks. This guide examines the fiduciary duties, statutory obligations, and personal liability risks that directors face under Cyprus Companies Law, including modern compliance requirements such as anti-money laundering oversight and beneficial ownership transparency.

Corporate governance refers to a set of processes, rules and regulations. It is a system of structures and operations, customs, policies and institutions which affect the way in which a company is directed, administered or controlled, the aim being to achieve long-term strategic goals which satisfy, inter alia, the shareholders of the company and assist in ensuring compliance with the legal and regulatory requirements of the relevant jurisdiction.