Praised by clients as being ‘one of the most efficient lawyers in Cyprus’, Calliopi Nicolaidou, an expert in international and local financing, financial regulatory matters and acquisitions involving financial institutions, leads Hadjianastassiou, Ioannides LLC’s banking and finance practice. Multi-million financings for PE houses, cross-border financings, the implementation of security arrangements, as well as regulatory advisory work for regulatory authorities, government stakeholders and financial and credit institutions, are what the team specialises in. Andreas Thoma left the firm in June 2025.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘They are extremely knowledgeable in the field of legal and regulatory compliance and assists us to navigate the complex landscape. Their technical expertise and knowledge, especially in grey areas, are of utmost importance in order to allow us to make strategic decisions within our risk appetite.'
‘Professional, knowledgeable, positively minded and practical in suggesting solutions.’
‘Calliopi Nikolaidou and her team are very knowledgeable and responsive, and have a very good understanding of the business aspects. A pleasure to work with.’
‘Kypros Ioannides is, at all times, professional and accessible, making him a trusted ally in corporate, commercial, banking and fund related matters.'
‘Calliopi Nikolaidou is one of the most efficient lawyers in Cyprus. On point advice, very good legal drafting and very efficient review of documents on Cypriot law matters. ’
‘Kypros Ioannides, Kalliopi Nicolaidou and Eleftheria Panayiotou's technical expertise is of an outstanding nature, and they are proactive, responsive and extremely knowledgeable.’

Key clients

Albourne Cyprus
Bank of Cyprus Public Company
Cyprus Securities and Exchange Commission
Eurobank (Cyprus)
GQS Services
Hellenic Bank
Hellenic Healthcare Single Member Holding S.A.
Ministry of Finance
National Bank of Greece (Cyprus)
Payabl. CY
Citibank Group
Equiti Global Markets

Work highlights

Advised a private equity fund and a healthcare group on a series of complex, multi-jurisdictional financing transactions critical to the client’s strategic expansion.

Advising a hospitality group — operating in luxury restaurants, hotels, and branded food products — on a high-value financing transaction.

Advising the Ministry of Finance on the transposition of EU Directive 2024/1226 on the criminalisation of sanctions violations and drafting the national legislation establishing the National Sanctions Implementation Unit in Cyprus.