A recent criminal appeal before the Supreme Court outlines the principles to be followed in sentencing offenders.

Following the visit of Russian President Medvedev to Cyprus and the signing of the Protocol to the double taxation agreement on behalf of the governments of both countries, it was expected that the amended treaty would be ratified by the Parliaments of the two countries before the end of 2010 and would become effective from 1 January 2011.

On the 24th April 2024, the EU Council adopted Directive (EU) 2024/1226 (the "Directive"), through which it introduced a number of criminal offences relating to violation of EU restrictive measures.

The report acknowledges the exit taxation rules adopted by the EU in the ATAD I and the implementation of the BEPS action plan.

On 4 November 2024, the European Commission released a report highlighting six high-risk sectors for corruption across EU Member States.

In Cyprus, the lifting of the corporate veil is a legal doctrine that allows the courts to disregard the separate legal personality of a company and hold its shareholders or directors...

An effective weapon in a liquidator's and creditor's arsenal to ensure the fair and equal treatment of all creditors of a failing company is the ability to challenge past transactions that sought to favour one creditor to the detriment of others.

Money laundering has been a persistent issue in the world of finance and law enforcement for decades. Criminals seek to disguise the illicit origin of funds, obtained through illegal activities...

Tackling e-commerce fraud is high on the European Union's political agenda, with significant effort being put into creating new rules to combat value added tax (VAT) fraud in particular.

On 04.03.2022, the Cyprus Parliament has enacted the law, L.19(I)/2022 ("Law"), providing for the establishment of an Independent Authority against Corruption (the "Authority").

In a significant legal development, AGP Law has successfully secured an out-of-court settlement in favour of its client, after proceedings had been raised against a Cyprus Forex Company.

In a recent case that the author was involved in the Supreme Court of Cyprus was asked to balance two competing interests:

Transparency International's Corruption Perceptions Index (CPI) for 2024 reveals persistent global challenges in combating public sector corruption.

In July 2021, the European Commission introduced a set of legislative proposals aimed at enhancing the European Union's anti-money laundering and counter-financing...

The Supreme Court recently gave its judgment in an appeal against a first-instance decision in which the respondents had faced criminal charges for issuing cheques which had failed to clear.

Up until the last decade or so, the financial industry has been more or less self-regulated.

On 25 July 2025, Cyprus enacted the Criminalization of Violation of Union Restrictive Measures Law of 2025 (Law 149(I)/2025), introducing criminal penalties for breaches of EU restrictive measures...

The European Investigation Order (EIO) is a judicial decision issued in or validated by the judicial authority in one EU country (Member State) to have investigative measures...

On May 14, 2024, Directive (EU) 2024/1226 of the European Parliament and the Council on the definition of criminal offences and penalties for violating Union restrictive measures...

Cyprus has long been recognised as a reputable international financial and corporate centre. However, in recent years, the island has also become a target for fraudulent or unlicensed investment and forex companies that exploit its good reputation and European regulatory framework.