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  • Article

    In Depth: The Law On The Protection Of Trade Secrets Of 2020 (164(Ι)/2020)

    The Law on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure of 2020 (164(Ι)/2020) (the "Law") was published on 27th November 2020.
    CyprusIntellectual Property
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Strengthening Defences Against Proliferation Financing: Insights And Best Practices

    In an increasingly interconnected financial world, combatting the proliferation of weapons of mass destruction (WMD) and its financing remains a top priority.
    CyprusInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Common Reporting Standard – Reporting Obligations For Trusts

    The Common Reporting Standard (CRS) is a global information gathering and reporting mechanism developed by the Organisation for Economic Co-Operation and Development (OECD), and requires the automatic exchange.
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Investing In Innovation: Tax Relief For Cyprus Innovative Enterprises And Their Investors

    The race to attract innovation and investment that is being observed in recent years has generated the need for legal reform and introduction of incentives for the promotion of Cyprus...
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Investing In Innovation: Tax Relief For Cyprus Start-ups And Their Investors

    The race to attract start-ups and investment that is being observed in recent years has generated the need for legal reform and introduction of incentives for the promotion of Cyprus as a favorable...
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Understanding The OECD Global Minimum Tax: Implications For The EU And Cyprus

    The OECD's global minimum tax agreement, known as "Pillar Two," represents a major change in international corporate taxation. This framework, agreed upon by over 135 countries,
    CyprusTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Empowering Women In Shipping

    Although shipping has been historically male-dominated, the number of women nowadays who belong in the maritime industry is about 23,000 worldwide.
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Introduction Of Article 14B – A New Approach To Road Traffic Management

    Law 146(I)/2025 introduces a significant amendment to the road traffic legal framework in Cyprus through the addition of Article 14B to the Motor Vehicles and Road Traffic Laws.
    CyprusTransport
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Safeguarding Small And Medium Enterprises (SMEs) Through AML Compliance

    According to the European Commission, small and medium-sized enterprises ("SMEs") represent 99% of all businesses in the European Union.
    European UnionCorporate/Commercial Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    European Arrest Warrant And Fundamental Rights

    In European Criminal Law, the European Arrest Warrant (the "EAW") represents the first and most significant effort to implement the principle of mutual recognition which is an essential concept in judicial cooperation,
    European UnionCriminal Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Legal Developments In Cyprus Employment Law

    Cyprus transposed the EU Directive 2019/1152 on transparent and predictable working conditions ( "EU Directive") into national law. The EU Directive's aim is to improve employment conditions...
    European UnionEmployment and HR
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Re-Sealing Of Grant Of Probates Or Letters Of Administration In Cyprus

    Cyprus has been traditionally a destination of choice for British nationals. British citizens frequently choose Cyprus not just for holidays, but also for relocation and for investment.
    European UnionFamily and Matrimonial
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Targobank Must Pay Out Assets And Bear Legal Costs After Unlawful Account Freeze

    Cross-border payments are referred to as foreign payments. Bank customers who wish to make a payment within the EU, to Liechtenstein, Iceland, Norway or Switzerland can do so by SEPA transfer.
    European UnionFinance and Banking
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    CJEU Clarifies The Evidential Threshold For Establishing Control Under EU Restrictive Measures

    The Court of Justice of the European Union has established new evidential standards for determining when an undertaking is controlled by persons subject to EU sanctions.
    European UnionInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    EU Adopts 17th Sanctions Package Against Russia

    The European Union has adopted its 17th package of sanctions against Russia, intensifying efforts to restrict Moscow's ability to finance and sustain its war in Ukraine.
    European UnionInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    European Parliament Adopts Sanctions-Related Resolutions

    On 12 and 13 March 2025, the European Parliament adopted a series of resolutions reinforcing its commitment to using sanctions as a key foreign policy tool.
    GlobalInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Understanding The New Best-Efforts FAQs Issued By The European Commission

    On November 22, 2024, the European Commission published updated Best-Efforts FAQs to clarify the obligations of EU entities, under the sanctions regimes targeting Russia and Belarus.
    GlobalInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    The New EU-US Data Privacy Framework: A Way Forward Or Another Dead End?

    In the ever-evolving landscape of privacy and data protection, the European Union (EU) and the United States (US) have taken a significant step forward in re-building their relationship...
    GlobalPrivacy
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Real Estate Auctions In Greece: NPL Resolution, E-Auction Procedures, And Foreign Investor Access

    In the aftermath of Greece's financial crisis, the country's banking sector accumulated one of the highest ratios of non-performing loans (NPLs) in the European Union.
    GreeceReal Estate and Construction
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Common Reporting Standard Implemented By Ukraine

    On 20th March 2023 the parliament of Ukraine adopted law № 8131 (the law) «On amendments to the Tax code of Ukraine on implementation of the international standard for automatic exchange...
    UkraineTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC

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