ArticleThe Offshore Regime And Cyprus' Accession To The European Union - Strategy To Be FollowedCyprusEnvironmentElias Neocleous & Co LLC
ArticleEU Council Adopts Regulation For Sustainable FinanceOn 5 October 2023, The European Council adopted the Green Bond regulation, creating The European Green Bond Standard (EU-GBS) and setting new measures to reduce greenwashing.
ArticleBeyond The Bar: Unveiling Patrikios Legal's CSR Commitment In The Gold December EditionOrganisations should play a positive role in the community and consider the environmental and social impact of their business decisions. CyprusCorporate/Commercial LawPatrikios Legal
ArticleRegulation (EU) 2019/2088 – Disclosure Requirements A Step Towards A Sustainable Economy.On 9 December 2019, Regulation 2019/2088 of the European Parliament and of the Council of 27 November 2019, on sustainability-related disclosures in the financial services sector, was published.CyprusEnvironmentElias Neocleous & Co LLC
ArticleCyprus Makes Waves In Decarbonising ShippingCyprus introduced tax cuts in January to incentivise shipping companies towards energy efficiency and use of alternative fuel, ultimately aiming for Green House Gases reduction.CyprusTransportHarris Kyriakides
ArticleRegulation EU 2019/2089 – Climate Related Benchmarks, A Contribution To A Greener Future?On 9 December 2019, Regulation 2019/2089 ("2019/2089") of the European Parliament and of the Council of 27 November 2019 was published in the official journal of the European Union.CyprusEnvironmentElias Neocleous & Co LLC
ArticleThe Offshore Regime And Cyprus' Accession To The European Union - Advantages And Disadvantages of Cyprus AccessionCyprusEnvironmentElias Neocleous & Co LLC
ArticleForging 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.CyprusStrategyElias Neocleous & Co LLC
ArticleBunkering In The EEZ: An Aspect Of The High-Seas Freedom Of Navigation?Coastal State regulation of bunkering (the supplying of fuel for use by ships) in the Exclusive Economic Zone (EEZ) is a contentious matter. GlobalTransportA. Karitzis & Associates L.L.C
ArticleFinal ESG Risk Management Guidelines Released By EBAThe European Banking Authority (EBA) has published its final Guidelines on the management of Environmental, Social, and Governance (ESG) risks, representing a critical step towards enhancing financial institutions' resilience to these risks.CyprusCorporate/Commercial LawKPMG in Cyprus
ArticleHow Legal Firms Can Thrive By Embracing ESG PrinciplesImagine a world where legal firms are not just advisors but visionaries, guiding businesses through a transformative journey that intertwines profitability with purpose. CyprusCorporate/Commercial LawElias Neocleous & Co LLC
ArticleSupreme Court Ruling On Glamping Planning Permissions In Cyprus: Legal Insights And ImplicationsIn a landmark decision, the Supreme Court of Cyprus has upheld the constitutionality of requiring planning permission for luxury camping sites, commonly known as "glamping." CyprusEnvironmentY. Vasiliou & Co LLC
ArticleCyprus Law On Safety Of Oil And Gas Installations And Liability For IncidentsAt least once per year, operators and owners must test their readiness to deal with major incidents, in close cooperation with the Cyprus authorities. CyprusWealth ManagementElias Neocleous & Co LLC
ArticleInternational Business Companies - Fiscal and Other IncentivesCyprusWealth ManagementCentral Bank Of Cyprus
ArticleEU Carbon Border Adjustment MechanismIn December 2022, the European Parliament and Council agreed on the text of the regulation on the Carbon Border Adjustment Mechanism (the "CBAM") which is expected to be published...European UnionEnvironmentChrysostomides Advocates & Legal Consultants
ArticleEU Taxonomy: Tool For Dynamic Climate Transition, Risk And Opportunities For BusinessUndoubtedly, in the past few years there has been a great deal of interest in the concept of ‘sustainable finance' and the belief that it should be fundamental to the way the economy works. European UnionStrategyElias Neocleous & Co LLC
ArticleEU Sustainable Finance Disclosure Regulation: The Integration Of Environmental, Social And Corporate GovernanceThe 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.European UnionFinance and BankingMichael Kyprianou & Co. LLC
ArticleThe Sustainability Series (Part 1) - Corporate Climate – Related DisclosuresThe Paris Agreement 2016 (the ‘'Agreement'') universally marked the necessity and importance of combatting climate change. CyprusCorporate/Commercial LawMichael Kyprianou & Co. LLC