Central Bank of Cyprus countercyclical capital buffer for the second quarter of 2018
The countercyclical capital buffer (CCB) was introduced as part of the Basel III regime to help counter pro-cyclicality in the financial system. Capital should be accumulated when cyclical systemic risk is judged to be increasing, creating buffers that increase the resilience of the banking sector during periods of stress when losses materialise. This will help […]
Contact details for new Deputy Ministry of Shipping released
Author: COSTAS STAMATIOU Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area: ADMIRALTY AND SHIPPING
Application of EU Service Regulation – formalities versus objectives
Author:CHRISTIANA PYRKOTOU Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area:LITIGATION AND DISPUTE RESOLUTION
New law on data system security
The Security of Networks and Information Systems Law, Number 17(I) of 2018, implements articles 8 and 9 of EU Directive 2016/1148 on measures to achieve a high common level of security of network and information systems throughout the EU. It designates the Commissioner for Electronic Communications and Postal Regulation (Commissioner), appointed under article 5 of […]
The new Cyprus–United Kingdom double tax agreement: an article-by-article analysis in “Global Tax Weekly”
Author: ALEXANDRA SPYROU PHILIPPOS ARISTOTELOUS Law Firm: Elias Neocleous & Co LLC Publisher: Wolters Kluwer Practice area: TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING
New Cyprus-UK double tax agreement
Author:PHILIPPOS ARISTOTELOUS Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area:TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING
The new Cyprus–Saudi Arabia double tax agreement in “Global Tax Weekly”
Author: CONSTANTINOS CHRISTOFI Law Firm: Elias Neocleous & Co LLC Publisher: Wolters Kluwer Practice area: CORPORATE AND COMMERCIAL
The European Securities and Markets Authority’s measures in relation to marketing, distribution or sale of binary options and contracts for difference to retail clients
The Cyprus Securities and Exchange Commission has issued an announcement notifying Cyprus Investment Firms of the European Securities and Markets Authority’s recent decision to prohibit the marketing, distribution or sale of binary options to retail clients and to impose restrictions on the marketing, distribution or sale of contracts for difference to retail clients. These restrictions […]
Adoption of ESMA Guidelines on MiFID II product governance requirements
The Cyprus Securities and Exchange Commission has recently issued an announcement to entities it regulates that it has adopted the ESMA Guidelines on MiFID II product governance requirements, which are intended to promote consistency in the implementation and application of the MiFID II requirements on product governance and strengthen investor protection. Regulated entities are required […]
CYPRUS CHAPTER OF “INTERNATIONAL TAXATION OF LOW-TAX TRANSACTIONS”
Author: ELIAS NEOCLEOUS , PHILIPPOS ARISTOTELOUS Law Firm: Elias Neocleous & Co LLC Publisher: Juris Publishing, Inc Practice area: TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING
