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  • Article

    Proposal For A Council Directive Laying Down Rules To Prevent The Misuse Of Shell Entities For Tax Purposes And Amending Directive 2011/16/EU (the "ATAD3") The New Challenge Ahead

    The European Commission has proposed a directive for laying down rules to prevent the misuse of shell entities for tax purposes and amending Directive 2011/16/EU (the "Proposal").
    European UnionTax
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Sanctions Compliance: Insights And Best Practices

    In today's complex regulatory landscape, sanctions compliance has evolved from a regulatory obligation to a critical business necessity. Organisations are under increasing scrutiny...
    CyprusInternational Law
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
  • Article

    The EU Court Provides Further Clarity On Meaning Of Facilitating Circumvention In Relation To EU Sanctions

    The European Court recently dismissed a challenge to an EU sanctions designation, providing crucial clarification on how far the Council's power extends when targeting individuals who facilitate sanctions circumvention. The case centered on a fraudulent scheme to sell frozen shares through a subsidiary structure, raising fundamental questions about jurisdiction and the definition of circumvention. This judgment establishes important precedent for understanding what activities fall within the EU's sanctions
    European UnionInternational Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    AML Directive Regarding The Registry Of Providers Relating To Services Of Crypto Assets

    On the 25th of June 2021, the Cyprus Securities and Exchange Commission (the "CySEC") issued the long-awaited Directive regarding the Registry of Providers of services relating to crypto assets 269/2021 (the "Directive").
    CyprusTechnology
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Intellectual Property - Cyprus

    The Cyprus IP tax rate and the legal protection (by EU Member States) are the main reasons for choosing Cyprus as the country where the IP shall be centralized and managed.
    CyprusIntellectual Property
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Ίσες ευκαιρίες, χωρίς διακρίσεις

    Η μάχη για την ισότητα των φύλων θεωρώ...
    CyprusEmployment and HR
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
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