Concert and seminar in Kiev
In September the Embassy of Cyprus in Ukraine is organising a series of events around the fifty-eighth anniversary of Cyprus’s independence under the title of “Days of Cyprus in Ukraine”. One of the principal events is a concert of traditional and modern Cypriot music performed by the National Symphony Orchestra of Ukraine on 5 September […]
Carriage of goods by sea: principles of agency and functions of bills of lading
Author:COSTAS STAMATIOU Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area:ADMIRALTY AND SHIPPING, LITIGATION AND DISPUTE RESOLUTION
Tax exemptions for loan restructuring implemented
Author: CONSTANTINOS CHRISTOFI Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: CORPORATE AND COMMERCIAL
Supreme Court interprets amended Order 30 and meaning of ‘completion of the pleadings’
AUG, 20, 2018 Author: MARIA HADJISAVVA Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: LITIGATION AND DISPUTE RESOLUTION
Exemptions from the requirement to publish a prospectus under the EU Prospectus Regulation
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued a reminder to supervised entities and other stakeholders that article 1(3) of the new EU Prospectus Regulation, which took effect on 21 July 2018, exempts offers of securities to the public with a total consideration in the Union of less than EUR 1 million over a […]
Disclosure of information on packaged retail and insurance-based investment products
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued a notification to entities it regulates regarding Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs). The Regulation entered into force on 1 January 2018 and is directly applicable throughout the EU. The Regulation defines a PRIIP as a […]
Reduction of non-performing loans in the Cyprus banking sector
On 9 August the Central Bank of Cyprus (CBC) published its latest analysis of data on non-performing loans in the Cyprus banking sector, covering the period to 30 April 2018, showing aggregate non-performing facilities (NPFs) and related indicators for the domestic operations of credit institutions operating in Cyprus. Overseas operations are excluded. During the […]
Amendments to tax laws to facilitate loan restructuring
Author: CONSTANTINOS CHRISTOFI Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: CORPORATE AND COMMERCIAL
Amendments to the laws relating to Alternative Investment Funds
Cyprus’s new law on alternative investment funds, Law 124(I)/2018 has now entered into effect following its publication in the official gazette. The new law repeals and replaces Law 131(I)/2014. It introduces a new form of alternative investment fund, known as the registered AIF, or RAIF, with the aim of reducing the time and cost involved […]
India Business Law Journal names Elias Neocleous & Co LLC as a top international law firm for India work
Elias Neocleous & Co LLC has been singled out by India Business Law Journal as one of the top international law firms for India work in its latest annual survey, published with the July edition of the magazine. India Business Law Journal is a market-leading monthly magazine, read by in-house counsel and private practice lawyers […]
