The House of Representatives of the Republic of Cyprus implemented significant changes to the Cyprus Companies Law (Cap 113) in July 2009 with a view of modernizing certain aspects of the legislation with one eye on raising the country's profile as a viable jurisdiction for international investors and the other improving the day to day running of company business in Cyprus.

The mortgages based on Swiss Francs concern a substantial portion of purchasers of residential property in Cyprus.

Were you told the truth by the Bank?

Newly published Directive 09/2021 sets out the Tax Department's process of determination of whether foreclosed property proceeds are taxed as Income or Capital Gains...

On 26 June 2025, Cyprus enacted the Transfer and Mortgage of Immovable Property (Amendment) Law of 2025, No. 110(I)/2025 (Official Gazette No. 5045, 4.7.2025)...

The debate in Cyprus regarding new legislation to streamline the procedure for the forced sale of mortgaged property illustrates the role of the courts in reviewing proposed legislation.

In the present era, and particularly in the period following the economic recession and its recovery, many of our fellow citizens are struggling to cope with the repayment of bank agreements and loans

Thus, it is important for consumers to make informed decisions when getting housing loans and avoid being misled by creditors.

n order to address the problem of non-performing loans following the 2013 financial crisis, the Transfer and Mortgage of Properties Law was amended in 2014 ...

Pledges of shares are frequently encountered in Cyprus holding and finance structures.

A recent judgment of the Admiralty Court is a useful reminder of the need to prove a claim in in rem proceedings.

European supervisors usually consider a non-performing loan when there are indications that the borrower is unlikely to repay the loan because of financial difficulties or when he is late in paying his agreed installments for more than 90 days.

Specific performance — the remedy compelling a party to fulfill their contractual obligations — sits at the intersection of law and conscience...

Cyprus has enacted significant amendments to its judicial framework governing disputes over credit facilities secured by primary residences. The new legislation expands District Court jurisdiction to examine not only outstanding debt balances but also broader contractual issues including overcharges and unfair terms, while establishing specific procedures for challenging enforcement notices against mortgaged homes.

Charges under Cyprus law, can be of a fixed and floating nature, (i.e fixed and floating charges).

The coronavirus pandemic has had and will continue to have a significant impact in our personal and professional lives, in a way that has proved challenging and difficult to predict.

Cyprus is an internationally renowned shipping centre and home to some of the world's leading names of the global shipping industry. The simplified ship registration procedures, the favourable...

The purchase of newly constructed or off-plan properties without a separate title deed has long been a common feature of the Cyprus real estate market. Although this practice is widely adopted in property transactions, it understandably creates a degree of uncertainty for buyers, as the completion of the transaction and the full vesting of their ownership rights are contingent upon the issuance and transfer of a separate title deed into their name.

Transferring ownership in immovable property in Cyprus is typically done by means of transfer of title at the appropriate district lands office (the department of lands and surveys...

On 11 December 2023, the European Banking Authority (EBA) published a detailed report (the Report Show Footnote) on its peer review on the supervision of creditors' treatment...