January 2019 – Annual inflation data

On 22 February, Eurostat, published figures on the inflation of the countries of the European Union.  The annual inflation rate in the Euro area was 1.4% in January 2019, marking a slight decrease compared to 1,5% of December, while, a year earlier, the relevant number was 1.3%. The annual inflation observed in the EU was 1.5% in January 2019, slightly lower than […]

EBA publishes Handbook on valuation for purposes of resolution

On 22 February, the European Banking Authority (EBA) published a Handbook on valuation for purposes of resolution, addressed to the national and EU resolution authorities. The basis for this initiative is Article 29(2) of Regulation (EU) No 1093/2010 establishing the EBA. Even though it is not binding for the resolution authorities, this Handbook is an instrument to promote convergence […]

Partners and Staff Retreat

During the weekend of 16 – 17 February 2019, our firm’s members enjoyed a relaxing and vibrant weekend together with their families, at the Aphrodite Hills Hotel. The retreat was dedicated to a series of workshops focusing on “Leadership, coaching, strategic and budget planning for 2019”, “The challenges of work balance in life” and other activities, with the motto “Climbing […]

Compulsory licensing in Europe

Law firm: Elias Neocleous & Co LLC Author: Maria Kyriacou, Efrosini Monou, Ramona Livera Publisher: European Patent Office Practice area: Intellectual Property

CySEC proposes bringing Crypto Asset Activities under the ambit of the AML Law

On 19 February 2019, the Cyprus Securities and Exchange Commission (“CySEC”), issued a consultation paper, for interested market participants to express their views on proposed amendments to the Cyprus AML Law (L. 188(I)/2007 as in force). The proposed amendments extend the scope of Cyprus AML Law in line with the provisions of the EU Fifth […]

Pursuing greater heights – Our company’s CFO’s latest success

We would like to congratulate our CFO, Alexandra Spyrou, who, following years of hard work and dedication,  has been awarded the prestigious Professional Postgraduate Diploma in Private Wealth Advising by the Society of Trust and Estate Practitioners (STEP). Alexandra, a member of Institute of  Chartered Accountants of England and Wales, and a member of the Institute of Certified Public Accountants of Cyprus […]

Standing out in the legal arena

     The article below taken from the ‘Gold News’ magazine is featuring Cyprus’ top workplaces/environments in its February issue.      Without a doubt, it’s a great pleasure for our leading firm, to be selected among numerous competitive companies as one of the highest-ranking workplaces in Cyprus. The state of the art building, the excellent working […]