ArticleThe Downfall Of FTX: Brief And CommentIn the wake of the collapse of FTX, which was ranked as the world's third-largest cryptocurrency exchange just days before declaring bankruptcy ...CyprusTechnologyPatrikios Legal
ArticleInternational Arbitration 2024!Firstly, there are two laws governing arbitration proceedings in Cyprus: domestic arbitration proceedings are governed by the Arbitration Law of 1944, Cap. 4 (hereinafter "Cap. 4")...CyprusLitigation, Mediation & ArbitrationPatrikios Legal
ArticleWill The "Black Swan" Fly Over To Cyprus?As widely reported, on 4 October 2021, the Judicial Committee of the Privy Council issued its much anticipated decision in Broad Idea International Limited v. Convoy Collateral [2021] UKPC 24. CyprusLitigation, Mediation & ArbitrationPatrikios Legal
Article"Mini Fund Manager" – An Alternative Powerful And Cost-Efficient VehicleCyprus has, over the past decade, made steady yet noticeable steps in what perceived by entrepreneurs and industry players alike, as one of the top and most promising emerging investment fund hubs in the European Union. CyprusFinance and BankingPatrikios Legal
ArticleESG Compliance: From Voluntary Principles To Active EnforcementFor years, Environmental, Social and Governance (ESG) disclosures of companies (broadly referring to a company’s environmental impact, social practices and internal governance structure), were largely driven by reputational incentives and sustainable financing, showcasing a “green” or “responsible” corporate branding.CyprusCorporate/Commercial LawPatrikios Legal
ArticleEnforcement Of Judgments – Cyprus 2020As a general remark, in Cyprus, information as to the location and position of the assets of a party is not publicly available, in the sense that in the absence of a court judgment/order...CyprusLitigation, Mediation & ArbitrationPatrikios Legal
ArticleCrypto Assets Service Providers MiCA Is Around The Corner!On the 4th June 2018, the Republic of Cyprus along with 21 other Member States and Norway agreed to sign a Declaration creating a European Blockchain Partnership for the specific purpose of establishing a European Blockchain Services Infrastructure. CyprusTechnologyPatrikios Legal
ArticleRegulatory Update Alert AIFs And UCITS: New Depositary Safekeeping RulesMore specifically, the measures introduced cover four categories and aim to strengthen the Depositaries' position in case where a Depositary elects to delegate its safe keeping functions. CyprusFinance and BankingPatrikios Legal
ArticleChilidescu V. Gheorghiu: Exercising Jurisdiction Over Foreign Defendants In The Context Of Applications For Interim Orders By Including Local Defendants To Facilitate Forum ShoppingAs Cyprus has emerged as an international business centre, Cyprus companies and Cypriot residents often act within the context of international corporate structures and participate in international business transactions.CyprusLitigation, Mediation & ArbitrationPatrikios Legal
ArticleMergers Divisions And Conversions 2024!Cyprus offers a dynamic and advantageous framework for mergers and reorganisations both within its borders and across the European Union.European UnionCorporate/Commercial LawPatrikios Legal
ArticleDelegation Arrangements Under The Alternative Investment Fund Managers Law Of 2013The person to whom the functions are delegated must have the necessary expertise and experience to perform the activities in question.CyprusFinance and BankingPatrikios Legal
ArticleProject Finance 2022The majority of lenders in Cyprus continue to be credit and finance institutions for locally-based projects, whilst international banks commonly finance larger projects and/or international projects...CyprusFinance and BankingPatrikios Legal
ArticleCompany Formations In CyprusCyprus has traditionally been a significant destination for the setting up of international business companies (IBCs) (that is to say companies with foreign interests).CyprusWealth ManagementPatrikios Legal
ArticleMerges Divisions And Conversions (Redomiciliations)Cyprus offers a dynamic and advantageous framework for mergers and reorganisations both within its borders and across the European Union. There are apparent and well-known advantages of merging two companies:CyprusCorporate/Commercial LawPatrikios Legal
ArticleCorporate Tax 2025 – CyprusTypes of Business Entities, Their Residence and Basic Tax Treatment...CyprusTaxPatrikios Legal
ArticleThe Cyprus International TrustsThe concept of the trust as we know it in our days dates back to the Crusaders in the 12th Century and is based on the Anglo-Saxon legal system. CyprusWealth ManagementPatrikios Legal
ArticleProject Finance 2023The majority of lenders in Cyprus continue to be credit and finance institutions for locally-based projects, whilst international banks commonly finance larger projects and/or international...CyprusFinance and BankingPatrikios Legal
ArticleThe Legal 500: Force Majeure Country Comparative GuideStavros Pavlou, Eleana Christofi and Stylianos Trillides contribute the exclusive Cyprus chapter and provide an overview of the law and practice of force majeure in Cyprus, addressing topics such asCyprusCoronavirus (COVID-19)Patrikios Legal
ArticleDerivatives 2024Please provide an overview of the documentation (or framework of documentation) on which derivatives transactions are typically entered into in your jurisdiction.CyprusFinance and BankingPatrikios Legal
ArticleEnforcement Of Judgments Cyprus Chapter – Global Legal PostThe law in Cyprus on the recognition and enforcement of foreign judgments provides for various legal frameworks, the applicability of which depends on the originating country in which the judgment was issued.CyprusLitigation, Mediation & ArbitrationPatrikios Legal