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  • Article

    Activation Of A CIF Authorisation

    According to Cyprus Securities and Exchange Commission's ("CySEC") announcement dated 9th of July 2015, the process starting from the date of granting the authorization of a new firm until the date of its activation, is as follows...
    CyprusFinance and Banking
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • 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

    EBA Guidelines On Outsourcing Arrangements By A Cyprus Investment Firm

    This article will examine the interpretation of the legal framework of the Republic of Cyprus in relation to the outsourcing of services by a Cyprus Investment Firm ("CIF""), which is regulated and authorized...
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Licensing Options For Payment Service Provider In UAE

    PSP offers online payment solutions that authorize merchants and sellers to accept credit and debit card payments on multiple channels including phone and online store.
    CyprusFinance and Banking
    Oneworld Ltd
    Oneworld Ltd
  • Article

    N26 Bank Must Bear Costs For Legal Dispute After Unlawful Account Freeze

    The fact that banks regularly check their customers' payment transactions and also monitor those over the long term is a welcome development in the fight against money laundering and terrorist financing.
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Navigating MiCAR: A Standardized Test

    The aim of the consultation paper is to standardize the classification of crypto-assets through templates and importantly a standardized test in order to harmonize regulatory approaches across the EU.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Norwich Pharmacal Orders And Bank Secrecy

    Norwich Pharmacal Orders (NPOs) are sought when claimants are aware that a wrongdoing has occurred but (i) the identity of the wrongdoer is unknown to them or (ii)
    CyprusFinance and Banking
    Harris Kyriakides
    Harris Kyriakides
  • Article

    Options For Haircut Depositors

    An update on the situation and the available options at the moment for all the depositors in Laiki Bank and Bank of Cyprus.
    CyprusFinance and Banking
    Sayenko Kharenko
    Sayenko Kharenko
  • Article

    Project Finance 2021 - Law And Practice

    Following the 2013 Cyprus financial crisis and the consequent bailout, the banking sector in Cyprus has witnessed a considerable reduc¬tion in its size and lending exposure.
    CyprusFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & 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

    Risk Factor Guidelines

    The guidelines also note that the jurisdiction in which the client is based, operates and has personal links will be relevant.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Expected Changes To Taxation Of IP: Reasoning And Further Steps.

    Intangible assets are steadily becoming the most valuable assets of an organisation, often accounting for over 60% of a company's value.
    CyprusIntellectual Property
    Solsidus Law
    Solsidus Law
  • 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

    Forging A Green Future – The European "Green Deal Investment Plan" And "Just Transition Mechanism"

    On 14 January 2020 the European Commission (the EC) presented its Green Deal Investment Plan (the "Investment Plan") to the public.
    CyprusStrategy
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Cyprus Amends Registration Requirement On Trusts

    The Republic of Cyprus, following its commitment to initialise rules to prevent and identify money laundering, has introduced an amendment to the requirement of registration of trusts.
    CyprusTax
    Eurofast Taxand
    Eurofast Taxand
  • Article

    CYPRUS-U.S.A.: FATCA Competent Authority Arrangement Concluded

    Under the US-Cyprus intergovernmental agreement (IGA) that has been concluded, the competent authorities of Cyprus and the United States have entered into a mutual agreement procedure provided by the convention.
    CyprusTax
    Eurofast
    Eurofast
  • Article

    OECD Financial Transactions Paper

    On 11 February 2020, the OECD issued the long-awaited final version of the Financial Transactions paper (first issued as a non-consensus document in July 2018).
    CyprusTax
    PwC Cyprus
    PwC Cyprus
  • Article

    From Excel To AI: The Evolution Of Financial Forecasting Tools In Greece

    In recent years, financial forecasting has undergone a significant transformation. Traditional tools like Excel, once the cornerstone of financial planning...
    CyprusTechnology
    Eurofast
    Eurofast
  • Article

    The Challenge Of Traditional Banks To Stay Relevant

    Continuous technological progress has undoubtedly impacted the banking sector.
    CyprusTechnology
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Showing 341–360 of 836 results

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