836 results found

The financial landscape is undergoing a significant transformation with the advent of digital and crypto currencies. The European Union's Markets in Crypto-Assets Regulation (MiCA)

The international movement to end banking secrecy has gained new momentum with the enactment in the United States of its 2010 Foreign Account Tax Compliance Act or FATCA.

I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank.

On August 27, 2015, the United States District Court for the District of Columbia granted FBME's motion for a preliminary injunction and enjoined the Final Rule from taking effect.

We demonstrate the information and documentation needed to open any bank account anywhere in the world.

The Greek market has accepted Cyprus as the premier solution for structuring investments into Greece and choosing the appropriate partner, with detailed knowhow in both markets can lead an investment in a tax environment which is significantly more protected & favourable than normal.

Trusts are commonly used for tax planning purposes, privacy and asset protection. Moreover, there can be other advantages of creating a trust.

The aim of the law is to provide consumers and businesses with alternative ways of financing.

The European Parliament and the Council of the European Union has implemented, from 10th March 2021, the Sustainable Finance Disclosure Regulation ("SFDR") with direct effect on the Member States.

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 ...

The statutory framework regulating the purchase and sale of credit facilities in Cyprus was amended as part of an overhaul of the insolvency framework.

At the time of the European Commission's proposal the Cyprus tax authorities had already announced that Cyprus is intending to provide for any permissible deferrals.

There has been much debate regarding the unfair terms in business agreements of natural or legal persons for some time now.

In October 2021, the Cyprus Government announced that they were implementing an Action Plan to attract investment into Cyprus.

On 15 October 2018 Cyprus Securities Exchange Commission (CySEC) issued "Secondary legislation: Directive DI124-01 regarding the registration of RAIFs in, and deletion from, the RAIFs Register" (the 'Directive').

Guarantors of bank contracts are among the most vulnerable parties of personal legal transactions.

Pursuant to subsection (2) of section 111A of the Civil Registry Laws of 2002-2013, the government of the Republic of Cyprus enforced a number of favourable incentives to encourage foreign...