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  • Article

    Amendments To Sale Of Property (Specific Performance) Law

    In a noteworthy development impacting immovable property transactions and title deed transfers, recent amendments to the Sale of Property (Specific Performance) Law...
    CyprusReal Estate and Construction
    Michael Chambers & Co LLC
    Michael Chambers & Co LLC
  • Article

    The Specific Performance Law In The Republic Of Cyprus: More Protection For The Buyer

    Recent amendments in Cypriot legislation have created a higher level of protection for aspiring purchasers of Property in Cyprus.
    CyprusReal Estate and Construction
    A. Danos & Associates LLC
    A. Danos & Associates LLC
  • Article

    ESMA: Public Statement On Investor Protection Measures On Fraction Of Shares

    The European Securities and Markets Authority (ESMA) has released a Public Statement in response to concerns raised with respect to investor protection surrounding derivatives on the fraction of shares.
    CyprusFinance and Banking
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Personal Guarantees In Cyprus – What The Courts Say

    Supreme Court of Cyprus: Personal guarantees remain binding, even in cases of alleged psychological pressure...
    CyprusLitigation, Mediation & Arbitration
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Sale Agreement Priority vs. Foreclosure Authorisation: Legal Implications

    Mortgage foreclosures and the process of auctioning mortgaged properties have been significant concerns for creditors and debtors in Cyprus over the past decade.
    CyprusReal Estate and Construction
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To The Legislation For "Trapped Buyers"

    The House of Representatives of the Republic of Cyprus has amended the Transfer and Mortgage of Property Law of 1965 (9/65) (the Law) in 2015, through the introduction of Part VIB of the Law, ...
    CyprusFinance and Banking
    Harris Kyriakides
    Harris Kyriakides
  • Article

    Bill On The Issuance Of Government Guarantees

    Due to the prolonged effects of the pandemic on the economy, it was considered that the present conditions require the promotion of the measure of granting loans with government guarantees.
    CyprusFinance and Banking
    Harris Kyriakides
    Harris Kyriakides
  • Article

    Foreclosure Process Amended

    The new amending law took effect on publication in the Official Gazette on 13 July 2018.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Quist Close Trust: An Equitable Safety Net For Lenders

    In addition to instituting a common law claim for a repudiatory breach of the underlying loan agreement, where the moneys advanced are applied by the borrower for a purpose other than that contemplated by the parties, ...
    CyprusFinance and Banking
    A.G. Erotocritou LLC
    A.G. Erotocritou LLC
  • Article

    Investment Firms At The Coalface - A Practice Note On The Implementation Of MiFID In Cyprus

    Cyprus has now taken the necessary steps to implement the Markets in Financial Instrument Directive into Cyprus legislation.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To The Real Estate (Special Execution) Law In Cyprus: Enhancing Buyer Protection And Market Transparency

    The Sale of Real Estate (Special Execution) Law of 2011 (Law 81(I)/2011) regulates the procedure for the specific performance of real estate sale contracts (hereinafter "Sale Contracts")...
    CyprusReal Estate and Construction
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Cyprus Ratifies Cape Town Convention And Aircraft Protocol

    The Republic of Cyprus acceded to the Convention on International Interests in Mobile Equipment of 2001 (the Cape TownConvention) as of 1 November 2023.
    CyprusTransport
    Antoniou McCollum & Co.
    Antoniou McCollum & Co.
  • Article

    Swiss Franc Mortgages – The First Cypriot (Interim) Decision

    Swiss Franc loan contracts involved thousands of borrowers in default both in Cyprus and other Balkan and European countries.
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Amendments To Law 87(I)/2026 - Strengthening Of The Framework For The Out-of-Court Resolution Of Financial Disputes

    Cyprus introduces significant reforms to its out-of-court financial dispute resolution framework through Law 87(I)/2026, establishing binding decisions by the Financial Ombudsman for monetary compensations up to €20,000. The amendments strengthen debtor protections during mortgaged property disposal procedures while maintaining judicial review rights and introducing new timelines for complaint submissions and debt restructuring negotiations.
    CyprusLitigation, Mediation & Arbitration
    George Z. Georgiou & Associates LLC
    George Z. Georgiou & Associates LLC
  • Article

    Foreclosure Moratorium Set To Stay

    It is reported in the Cyprus media that the President Nicos Anastassiades signed the foreclosures law on Thursday December 8th 2022, almost two weeks after he referred it back to Parliament.
    CyprusReal Estate and Construction
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Legal Developments In Relation To The Entrapped Buyers' Legal Regime

    The amending law N110(I)/2025 was published on 4th July 2025, amending the Transfer and Mortgaging of Immovable Property Law of 1965.
    CyprusReal Estate and Construction
    George Z. Georgiou & Associates LLC
    George Z. Georgiou & Associates LLC
  • Article

    The Legislative Framework For "Trapped" Property Buyers

    The main problem in the Cyprus property market has been the failure of the developers, due to their financial problems, to issue title deeds to the buyers who paid for the property bought (the "Property") or to transfer the title in case is issued.
    CyprusReal Estate and Construction
    Haviaras & Philippou L.L.C
    Haviaras & Philippou L.L.C
  • Article

    Fast Track Foreclosure Process In Cyprus And Available Remedies

    The Amendment of the Transfer and Mortgage of Immovable Property Law which took effect on the 13th of July 2018 marked a significant turning point for the process of foreclosures in Cyprus as it provided the legal framework ...
    CyprusFinance and Banking
    A. Karitzis & Associates L.L.C
    A. Karitzis & Associates L.L.C
  • Article

    Ship Finance In Cyprus: Opportunities And Challenges - 2022

    In this ever-changing environment, the Shipping Industry is called upon to face enormous challenges deriving from the necessity for transforming the industry into a "green area" and satisfying the...
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Restarting The Procedure For Trapped Buyers In Cyprus With Restrictions

    Following the decision of the Supreme Court of Cyprus, which ruled that key provisions of the Law on trapped buyers were unconstitutional, the Land Registry Department had suspended the process...
    CyprusReal Estate and Construction
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC

Showing 21–40 of 92 results

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