Reception to mark the National Day of Portugal

In his capacity as Honorary Consul General of Portugal Elias Neocleous, managing partner of our firm, co-hosted a reception at the Severis Foundation, Nicosia, to celebrate the National Day of Portugal on June 9. The reception was organised under the auspices of the Embassy of Portugal in Cyprus and the Honorary Consuls General of Portugal in […]

Cyprus : Banking law amendments

 [gdlr_row] [gdlr_column size=”1/4″]  [/gdlr_column] [gdlr_column size=”3/4″] Jun. 12, 2017 Author: ELIAS NEOCLEOUS   MARISSA CHRISTODOULIDOU Law Firm: Elias Neocleous & Co LLC Publisher: IFLR Practice area: BANKING AND FINANCE [/gdlr_column] [/gdlr_row]

The Revised EU Directive on Payment Services in the Internal Market

The Revised EU Directive on Payment Services in the Internal Market, commonly abbreviated as PSD2, was adopted in December 2015. It replaces the original Payment Services Directive of 2007, which was transposed into Cyprus legislation in 2009. PSD2 sets out a common legal framework for businesses and consumers when making and receiving payments, whether within […]