Positioning Cyprus as a global technology hub

In recent years, Cyprus has emerged as a preferred destination for international and regional headquarters of tech multinationals. Its strategic location at the crossroads of Europe, Africa, and Asia, coupled with its EU membership, positions Cyprus as an increasingly attractive choice for tech decision-makers looking to establish a foothold in a dynamic and strategic business […]

EU protection for craft products and AI limits in replicating human artistry

The European Commission’s groundbreaking Regulation 2023/2411, effective since November 16, 2023, transforms geographical indications protection for craft and industrial products, as discussed in an article co-authored by Ramona Livera and Anna Georgaka, and published on Lexology. This EU regulation, extending beyond traditional agricultural products, safeguards intellectual property rights for items produced by hand, with manual […]

Exploring key components of the EU’s 12th Russian sanctions package

A recent article authored by Elias Neocleous & Co LLC Associate Katerina Pillakouri, and published in the Cyprus Mail, explores the recent developments surrounding the European Union’s (EU) agreement on the 12th Russian sanctions package, in close cooperation with other G7 members, including the United States and the United Kingdom. Finalized on 19 December 2023, […]

Laying down the foundations on Remote Working in Cyprus: A New Era

An article authored by Demetris Gregoriou, Advocate/Associate at Elias Neocleous & Co LLC, and recently published in the Cyprus Mail, explores the emerging trend of remote working in Cyprus’ private sector, gaining prominence in the aftermath of the COVID-19 pandemic. The focal point of the article is the introduction of the Remote Working Law of […]

The nature of pension plans in Cyprus is changing

An increasing number of employers are weighing the merits of introducing an occupation pension plan for their employees, as a means for attracting and retaining top talent and achieving workforce satisfaction. In fact, in recent years the emergence of new streamlined and more flexible solutions for establishing company pension plans has prompted many businesses to […]

New EU Rules for the Tracing of Crypto-Assets Transfers

An article authored by Stefanos Sofroniou, Senior Associate at Elias Neocleous & Co LLC, and recently published on Mondaq, discusses the EU’s introduction of upgraded rules concerning the tracing of transfers of funds, expanding the scope of the law to include crypto assets. The article explores how Crypto-Asset Service Providers (CASPs) participating in such transfers […]

Radical changes in Interlocutory proceedings in Cyprus

Recent amendments to Article 32 of the Courts of Justice Law, L. 14/1960, which governs the jurisdiction of civil Courts to issue interlocutory orders, introduce radical changes in this field. This includes the notable widening of court jurisdiction in respect of issuing interlocutory orders. An article which is co-authored by Elias Neocleous & Co LLC […]

Ongoing reporting obligations of a Cyprus International Trust

A recent article authored by Elias Neocleous & Co LLC’s Managing Partner Elias Neocleous, Senior Associate Elena Christodoulou, and Associate Alexis Christodoulou, and published by Oxford University Press in Trusts & Trustees, discusses the ongoing reporting obligations of a Cyprus International Trust in the context of evolving compliance requirements, particularly in relation to the latest […]

Guidelines are crucial for secure AI system development

The need for accurate data on which to train artificial intelligence (AI) to achieve optimal outcomes, predictions or tasks has never been more critical. Without it, the results could be worthless output at best, or harmful decisions and loss of life at worst, specifically in the case of reliance on AI driven diagnostic decisions in […]