The President of the Republic of Cyprus announced on 3 April 2015 that the restrictive measures on movement of capital relating to transactions and transfers of funds abroad would be completely abolished...

In August 2009 the Cyprus Stock Exchange announced the abolition of online fees for the provision of information for customers’ orders transactions and balances of trading accounts.

The capital markets team of Elias Neocleous & Co LLC has assisted the Cyprus registered entity Brightbridge Real Estate Limited in the R1.75 billion offer (which is subject to terms and conditions)

The December edition of the Great Britain and Cyprus Business Association Gazette contains an article authored by Associates Adonis Zachariou and Theodora Alexandrou.

The Cyprus Securities and Exchange Commission has issued a circular to Cyprus Investment Firms and providers of fiduciary services supervised by CySEC setting out their reporting obligations under anti-money laundering legislation.

The Cyprus Securities and Exchange Commission ("CySEC") has announced the detailed arrangements for regulated Cyprus investment fund managers and self-managed investment funds...

We, as AGP, are proud to have consulted and represented OKPAY on all the steps of its licensing procedure, contributing thereby to its successful licensing.

According to the new law passed by the Cyprus Parliament, persons and companies engaged in economic activity have the obligation to accept credit card payments.

Law 87(1)/2017, which provides for the implementation of the MIFID II into National Law, was published with the official Gazette of the Republic of Cyprus on Friday 7.7.2017.

IFLR has published an article written by Senior Associate, Xenia Kalogirou.

In line with its policy of developing bilateral ties in the domain of supervision of credit institutions the Central Bank of Cyprus has signed a Memorandum of Understanding with the Malta Financial Services Authority, the body responsible for licensing and supervision of credit institutions operating in Malta.

The Cyprus Minister of Finance on 14 April 2013 issued a new decree under articles 4 and 5 of the Enforcement of Restrictive Measures on Transactions in case of Emergency Law of 2013.

The Central Bank of Cyprus has relaxed the minimum liquidity reserve requirement in foreign currencies for commercial banks operating in Cyprus.

The Cyprus Ministry of Finance has announced that a revised loan agreement between the governments of the Republic of Cyprus and the Russian Federation was signed in Moscow by the Cypriot Minister of Finance Harris Georgiades and Russian Deputy Finance Minister Sergey Storchak on 12 September 2013.

The Cyprus Securities and Exchange Commission ("CYSEC") has recently issued Directive DI144-2007-11 of 2011 on "Supplementary Supervision of Investment Firms in a Financial Conglomerate".

Within the framework of extraordinary measures taken by the Republic of Cyprus, in order to support the economy of Cyprus in these adverse circumstances, the Minister of Finance has issued the ‘2020

A discussion on the monitoring of the bail-out legislation which is currently before the Cyprus courts.

The Central Bank of Cyprus has announced that in accordance with the provisions of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007-2013 it intends to publish on its web site details of administrative fines it imposes on credit, payment and electronic money institutions for failure to comply with the provisions of the Law, any directives issued under it by the CBC, or Regulation 1781/2006 of the European Parliament and the Council.

Konstantinos Michail, Senior Associate at Elias Neocleous & Co LLC, highlights the firm's leading role in supporting investment funds, providing comprehensive legal guidance throughout their lifecycle—from establishment and licensing to compliance, governance, and risk management.

In an era of growing globalisation, regulation remains a pivotal force shaping the strategic priorities of financial services firms. As domestic and international legal landscapes continue to evolve, we leverage our market-leading expertise to help clients navigate complexities and develop innovative, practical solutions to their regulatory challenges.