In December 2015 the Ministry of Finance issued a decree implementing the OECD Common Reporting Standard and the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information.

Article 3 (Exemptions) and Article 24 (Transparency Requirements) of Directive 2011/61/EU on Alternative Investment Fund Managers require AIFMs ...

Identification Of Systemically Important Cyprus Credit Institutions.

On 8 August the Cyprus government published a "roadmap" towards the lifting of the restrictions that were imposed on banking operations in March 2013.

Mr. Neocleous, Chairman of our firm, has today given a radio interview on the show «Proino Dromologio» of CyBC, regarding the current developments in the Bank of Cyprus and the creation of the new Board of Directors.

On 6 July 2020, the Cyprus government announced that it was seeking to raise up to EURO 750m from the international markets.

Cyprus Securities and Exchange Commission ("CySEC") has issued circular C489 (the "Circular") on 25/02/2022, addressed to Regulated Entities...

The Minister of Finance, exercising the powers conferred to him by the provisions of Article 5 (1) of the Assessment and Collection of Taxes Law, issued a decree, which was published on 30 July 2021,...

In the Republic of Cyprus, the field of provision of investment and related services is, at a large extent, regulated.

Cyprus is one of the world's most important locations for ship management, with around 60 ship management companies operating in its territory, several of which rank among the largest

The Cyprus Securities and Exchange Commission ("CySEC") has recently issued guidance on what it considers to be significant Cyprus investment firms ("CIFs") for regulatory purposes.

Over the past month the Greek debt crisis has been putting quite some pressure on the rate of the Euro.

On 8 July the Cyprus parliament approved a package of legislative measures aimed at creating market security, stability and growth, and strengthening the legal framework to deal with non-performing loans.

On 07/03/2025, the Ministry of Finance announced that following the relevant Announcements dated 20/12/2023, 8/4/2024 and 13/5/2024...

On January 30 2014 the board of directors of the Bank of Cyprus Public Company Ltd approved two important decisions.

The countercyclical capital buffer (CCB) was introduced as part of the Basel III regime to help counter cyclicality in the financial system.

The Ministry of Finance and the Central Bank of Cyprus have jointly announced that the recapitalisation of Bank of Cyprus is now complete.

The purpose of the above initiative is to assist physical persons and legal entities that are characterised as "retail clients" who suffered losses, as a result of resolution measures...

The House of Representatives has recently approved the Investment Funds Administrators Law which was welcomed by all practitioners, regulators and the Cyprus Investment Funds Association (CIFA).