In recent years, a considerable number of individuals and legal entities have concluded loans in CHF with Cypriot banking institutions, due to the attractive low interest rate that the banks charge...

The Ministry of Finance has extended the submission deadline for the Cyprus National Solidarity Fund Replenishment Scheme (the ‘Scheme'). The new deadline for electronic applications is 25 May 2024.

Initial Public Offerings 2019 | Cyprus

So far more than 50 parties, both local and foreign, have filed recourse proceedings in the Cyprus Supreme Court based on the resolution measures agreed by the Eurogroup and the Republic of Cyprus.

Pegase Capital Ltd., a Cypriot investment firm which operates under several separate brands, has had its authorisation suspended by the CySEC in addition to the imposition of a 300,000 euro fine.

Under Cyprus Law, a pledgee, in the event of default of the pledgor.

At a news conference on held on 9 May the Cyprus Securities and Exchange Commission announced proposed changes to the legal framework governing collective investment schemes...

Read our regulatory newsletter to find out the latest updates in Cyprus and Europe.

In an era of growing globalisation, regulation remains a pivotal force shaping the strategic priorities of financial services firms.

Read our regulatory newsletter to find out the latest updates in Cyprus and Europe...

In a world of increased globalisation, regulation continues to be a key driver of the strategic agenda for financial services firms.

In an era of growing globalisation, regulation remains a pivotal force shaping the strategic priorities of financial services firms.

In a world of increased globalisation, regulation continues to be a key driver of the strategic agenda for financial services firms.

This has created a large sector parallel to the banking system, resulting in a call for strengthened regulations to mitigate risks and support financial stability.

According to a press release published today by the European Commission, with effect from 20 June credit rating agencies will have to follow stricter rules which will make them more accountable for their actions.

In a recent case in which our office has been acting on behalf of the principal debtor/mortgager and its guarantor the powers of an out of court appointed Administrator/Receiver as per a floating charge have been questioned.

The Investment Services and Activities and Regulated Markets Law, Law 144(I) of 2007, requires Cyprus Investment Firms ("CIFs") that hold clients’ funds to take every possible measure to protect their clients’ interests.

The government has recently announced certain changes to the popular permanent residency program which has attracted thousands of investors over the last few years or so.

In July 2015 the government introduced a notional interest deduction on new equity capital (ie, paid-up share capital and share premium) injected into companies and permanent establishments...