ArticleSanctions In CyprusAs a Member State of the United Nations (‘UN') and the European Union (‘EU'), the Republic of Cyprus has an obligation to enforce and implementCyprusInternational LawHarris Kyriakides
ArticleAmendments To The Rent Control LawOn 24 January 2020 the House of Representatives of the Republic of Cyprus has passed an amendment to the Rent Control Law of 1983 (the "Law") that aims to make the eviction procedure easier and quicker.CyprusReal Estate and ConstructionHarris Kyriakides
ArticleProcessing Activities Subject To A Data Protection Impact AssessmentOur GDPR team discusses the opinion issued by the European Data Protection Board on the list of processing activities that are subject to a requirement of data protection impact assessment.European UnionPrivacyHarris Kyriakides
ArticleAmendments To The Legislation For "Trapped Buyers"The House of Representatives of the Republic of Cyprus has amended the Transfer and Mortgage of Property Law of 1965 (9/65) (the Law) in 2015, through the introduction of Part VIB of the Law, ...CyprusFinance and BankingHarris Kyriakides
ArticleBill On The Issuance Of Government GuaranteesDue to the prolonged effects of the pandemic on the economy, it was considered that the present conditions require the promotion of the measure of granting loans with government guarantees.CyprusFinance and BankingHarris Kyriakides
ArticleNorwich Pharmacal Orders And Bank SecrecyNorwich Pharmacal Orders (NPOs) are sought when claimants are aware that a wrongdoing has occurred but (i) the identity of the wrongdoer is unknown to them or (ii)CyprusFinance and BankingHarris Kyriakides
ArticleMoneyval Publishes The Cyprus Risk Assessment Of Money Laundering And Terrorist Financing RisksMoneyval published on 12 February 2020 Cyprus' comprehensive assessment of the effectiveness of anti-money laundering and countering the financing of terrorism (AML/CFT) system.CyprusGovernment, Public SectorHarris Kyriakides
ArticleCoexistence Agreements For TrademarksCoexistence agreements can be an easier and cheaper solution to disputes over trademark similarity between parties rather than litigation under appropriate circumstances.CyprusIntellectual PropertyHarris Kyriakides
ArticleApproaching UK Whiplash Reforms Could Influence CyprusThe much-expected UK whiplash reforms introduce a new procedure for claims concerning soft tissue injuries from Road Traffic Accidents (RTAs)...CyprusLitigation, Mediation & ArbitrationHarris Kyriakides
ArticleCyprus Introduces Film Production IncentivesProducers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.CyprusMedia, Telecoms, IT, EntertainmentHarris Kyriakides
ArticleCyprus Makes Waves In Decarbonising ShippingCyprus introduced tax cuts in January to incentivise shipping companies towards energy efficiency and use of alternative fuel, ultimately aiming for Green House Gases reduction.CyprusTransportHarris Kyriakides
ArticleFirst Standard Contractual Clauses For Contracts Between Controllers And ProcessorsThe European Data Protection Board (the EDPB) has been actively cooperating with the National Supervisory Authorities in an effort to implement a more harmonized CyprusPrivacyHarris Kyriakides
ArticleSuspension Of Execution Of A Court Decision Regarding The Return Of A MinorUnpreceded for the Cypriot Courts is the decision of the Supreme Court of Cyprus (the Court) which was issued on 16th of February 2021 (the Case). CyprusFamily and MatrimonialHarris Kyriakides
ArticleTwo-tier System Of Cooperation For Effective Enforcement Of GDPROn November 26, 2020, Belgian Data Protection Authority (DPA) and DNS Belgium, the organization managing the ".be" domain, signed a cooperation agreement. CyprusPrivacyHarris Kyriakides
ArticleChallenging Public Procurement Awards In CyprusThe Cyprus Tenders Review Authority and its pivotal role in safeguarding justice and transparency in Cyprus public procurement tenders.CyprusGovernment, Public SectorHarris Kyriakides
ArticleDevelopments On Penalties Imposed On Financial Institutions For GDPR Violations In CyprusThis article discusses the decision of the Commissioner for Personal Data (Commissioner) issued on 17th June 2020, through which a fine in the amount of €15.000...CyprusPrivacyHarris Kyriakides
ArticleCyprus Publishes Draft Legislation For Transposing DAC6The Republic of Cyprus has published draft legislation to transpose Directive 2018/822/EU on mandatory automatic exchange of information in the field of taxation in relation to reportable CyprusTaxHarris Kyriakides
ArticleIMO 2020 Approaches 2021 – Has The Shipping Industry Adapted To The 0.5% Sulphur Cap?A year on, the shipping industry has adapted through introduction of time charter contractual clauses spreading risk between shipowners and charterers...CyprusTransportHarris Kyriakides
ArticleCyprus Tax Facts And Figures 2020We are pleased to share our 2020 guide on Cyprus Tax Facts and Figures.CyprusTaxHarris Kyriakides
ArticleCircular No. C417 On Crypto-Asset Investment: Our VerdictCySEC has published circular C417, which is addressed to Cyprus Investment Firms, and contains guidance on investment in crypto-assets.CyprusTechnologyHarris Kyriakides