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  • Article

    The Cyprus Bailout And Holding Companies

    Following the bailout package agreed between the so-called troika of the EU, European Central Bank and IMF on one hand and the Cyprus government on the other, the two largest banks in Cyprus will be merged and considerably downsized.
    CyprusCorporate/Commercial Law
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The Late Payments In Commercial Transactions Law, Law 123(I) Of 2012

    The Late Payments in Commercial Transactions Law, Law 123(I) of 2012, repeals the 2003 law on late payments in commercial transactions and harmonises Cyprus law with European Directive 2011/07/EU.
    CyprusCorporate/Commercial Law
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Youth Empowerment: A New Chapter With EYP Cyprus

    Elias Neocleous & Co LLC is proud to announce our new partnership with the European Youth Parliament (EYP) Cyprus.
    CyprusCorporate/Commercial Law
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Ratification Of ILO Convention 190 New Legal Framework Against Violence And Harassment At Work

    On 12/12/2024, Law No. 17(III)/2024 was published, ratifying the Convention of the International Labor Organization (Convention No. 190) on combating violence and harassment in the workplace.
    CyprusEmployment and HR
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The Offshore Regime And Cyprus' Accession To The European Union - The Offshore Regime of Cyprus

    CyprusEnvironment
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    International Family Law: A Shield Of Protection For The Modern Family

    Those dealing with cross-border family law matters in Cyprus—whether they concern issues of jurisdiction, child abduction, or divorce, maintenance and parental responsibility applications with an international dimension—are quite understandably likely to feel anxious during a volatile and transitional period of their lives, in which they must navigate a complex legal framework that requires specialized knowledge of both international family law and national legislation.
    CyprusFamily and Matrimonial
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To The Laws Relating To Alternative Investment Funds

    Cyprus's new law on alternative investment funds, Law 124(I)/2018 has now entered into effect following its publication in the official gazette. The new law repeals and replaces Law 131(I)/2014.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Central Bank Of Cyprus Guidance On Dealings With Shell Companies

    Business relationships with such companies are to be avoided.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Courts Continue To Assess Depositor Applications Following Eurogroup Bail-In

    In March 2013, as a result of the measures imposed as a condition for international financial support, depositors in Cyprus's two largest banks who held credit balances in excess of €100,000 lost a substantial proportion of the excess above €100,000.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Supreme Court Of Cyprus Decision On Administrative Recourses Concerning Bank Resolution Measures

    Article 146 of the Constitution of the Republic of Cyprus gives the Supreme Constitutional Court (now the Supreme Court of Cyprus) exclusive jurisdiction to adjudicate on any complaint that a decision, act or omission of any organ, authority or person, exercising any executive or administrative authority is contrary to any of the provisions of the Constitution or of any law or is made in excess or in abuse of powers vested in such organ or authority or person.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    European Agency For Fundamental Rights Publishes Its "Fundamental Rights: Key Legal And Policy Developments In 2012"

    The report is structured in line with the agency's main thematic work areas for the period 2007-2012.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Revision Of Criteria For Investor's Immigration Permit For Third Country Nationals

    Under the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, a third country national can apply for an Investor's Immigration Permit, also known as a ‘fast-track' Permanent Residency Permit, provided that certain investment criteria are met.
    CyprusImmigration
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To Tax Laws To Facilitate Loan Restructuring

    Parliament passed a package of legislative measures on 8 July 2018 that aims to encourage the resolution of non-performing loans.
    CyprusInsolvency/Bankruptcy/Re-Structuring
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Disclosure Of Information On Packaged Retail And Insurance-Based Investment Products

    The ‘CySEC' has issued a notification to entities it regulates regarding Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs).
    CyprusInsurance
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Attorney General's Discretion To Remit Cases To Lower Court Reinstated

    Rule 155 of the Criminal Procedure Rules empowered the attorney general to remit a case to a different, lower court from that given jurisdiction by statute if justice would be served by so doing.
    CyprusLitigation, Mediation & Arbitration
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Supreme Court Upholds First-Instance Decision On Fraudulent Transfer Of Shares

    The Supreme Court recently confirmed a first-instance decision to annul the transfer of shares by a debtor to his son.
    CyprusLitigation, Mediation & Arbitration
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    When One Lawyer Acts For Both Sides: Understanding Conflict Of Interest In Cyprus Real Estate Transactions

    Cyprus is home to one of the most active real estate markets in the Mediterranean. From luxury seaside villas and modern urban apartments to traditional stone houses in charming villages, the island's property scene attracts thousands of transactions every year.
    CyprusReal Estate and Construction
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To The Assessment And Collection Of Taxes Law

    Law 163(I)/2012, promulgated on November 30 2012, makes a number of amendments to the Assessment and Collection of Taxes Law with effect from 1 January 2013.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    An Open Letter From Andreas Neocleous, Chairman Of Our Firm, Regarding The OECD Global Forum On Transparency And Exchange Of Information For Tax Purposes

    There has been considerable publicity in the financial media regarding the fact that Cyprus, together with the British Virgin Islands, Luxembourg and Seychelles, has been assessed as non-compliant with international information exchange standards by the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Further Step Towards Ratification Of Cyprus-Spain Double Tax Agreement

    The double tax agreement between Cyprus and Spain, which was signed in Nicosia on February 14 2013, has moved another step closer to ratification.
    CyprusTax
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Showing 881–900 of 1798 results

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