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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.

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, ...

The guidelines also note that the jurisdiction in which the client is based, operates and has personal links will be relevant.

The EU's Action Plan on Sustainable Finance has, since 2016, pursued the implementation of regulatory measures aimed at introducing market standards and legal obligations in the field of sustainable

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.

On 15 May 2020, DBRS became the latest international credit rating agency to announce its assessment of Cyprus' credit worthiness. Encouragingly, despite Cyprus now being two months into the Covid-19 pandemic...

When Cyprus and the Eurogroup (consisting of fi nance ministers of the EU member states having the Euro as their currency) decided on the terms of a memorandum of understanding with Troika (consisting of the European Commission, the European Central Bank and the International Monetary Fund) the whole world was taken by surprise.

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').

Directive 2009/109/EC of the European Parliament and of the Council of 16 September 2009, regarding the simplification of the rules on merger and divisions, has not been yet implemented in some Member States of the EU.

The financial landscape in the European Union (EU) is continually evolving, and regulatory frameworks are frequently updated to keep pace with new challenges and technologies.

On 13 September 2016, the Cyprus Government approved the new Scheme for the Naturalisation of Investors in Cyprus by Exception. The said scheme is based on subsection (2) in section 111A...

The decision by High-Net-Worth Individuals (HNWIs) to pursue second citizenship or permanent residency in the EU is often attributed to desires for greater global mobility and a "Plan B" for uncertain times.

Cyprus introduces significant reforms to its out-of-court financial dispute resolution framework through Law 87(I)/2026, establishing binding decisions by the Financial Ombudsman for monetary compensations up to €20,000. The amendments strengthen debtor protections during mortgaged property disposal procedures while maintaining judicial review rights and introducing new timelines for complaint submissions and debt restructuring negotiations.