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Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
Commission adopts adequacy decisions for the United Kingdom
The European Commission, having assessed carefully over the passing months the consequences occurring after Brexit on the 28th of June 2021, has enforced two implementing Decisions: pursuant to the Regulation (EU) 2016/679 (GDPR) on the adequate protection of personal data by the United Kingdom, and pursuant to Directive (EU) 2016/680 (Law Enforcement Directive) on the […]
CySEC issues directive in relation the register of the Crypto-Asset Service Providers
In the context of the implementation of pan-EU requirements including crypto-asset service providers (CASPs) under the Fifth Anti-Money Laundering Directive (5AMLD), Cyprus recently updated its definition of obliged entities under the Prevention and Suppression of Money Laundering Law 2007 (AML Law) to bring CASPs into its scope. Moreover, Cyprus authorities have also decided that Cyprus […]
The EBA proposes to further harmonise EU law applicable to branches of third country credit institutions
The European Banking Authority (EBA) has published a report on the treatment of incoming third country branches (TCB) under the national law of Member States (the ‘Report’). The Report is based on Article 21b(10) of the Capital Requirements Directive (CRD), which mandates the EBA to submit a report to the European Parliament, the Council and […]
Elias Neocleous & Co. LLC identified as one of the leading international firms for India matters by India Business Law Journal
The “India Business Law Journal” ( IBLJ ), a market-leading monthly magazine which delivers expert analysis on the legal and regulatory challenges facing domestic and international businesses in India, has identified Elias Neocleous & Co LLC as one of the leading international law firms for India work in 2020, for a 3rd consecutive year. This […]
FranklinCovey training session delivered to the firm’s senior lawyers and managers.
A team of senior lawyers and managers including the Managing Partner of ELIAS NEOCLEOUS & CO LLC has successfully completed a three-day professional training session entitled “The 6 Critical Practices for Leading a Team”. The session was conducted under the auspices of FranklinCovey, a world leader in helping organizations achieve results that require lasting changes […]
Interview of our associate, Ioannis Sidiropoulos, to the LawyersInCyprus.com legal portal
Our associate Ioannis Sidiropoulos has recently been interviewed by the Cyprus legal portal LawyersInCyprus.com on issues of corporate rescue and insolvency. The interview addressed matters such as the aims and options of corporate rescue, main reasons for corporate distress in our country, the insolvency legal framework, trends in NPLs and insolvencies and an analysis on the prospects and solutions […]
New Modules on The Export of Data to Non- EU Countries.
(EC Decision of 4th of June 2021, Regulations EU 2016/679 and EU2018/1725) The European Commission, with its Implementing Decision 2021/914 of 4th of June 2021, forces the implementation, across all Member States, of Four Modules of Standard Contractual Clauses (SCC) (hereinafter referred to as the “Clauses”) to ensure uniform compliance with Regulation (EU) 2016/679 for […]
Update: towards the transposition of the Preventive Restructuring Frameworks Directive
With the adoption of Directive (EU) 2019/1023 on preventive restructuring frameworks, discharge of debt and disqualifications and measures to increase efficiency (Preventive Restructuring Frameworks Directive) and amending Directive (EU) 2017/1132 on certain aspects of company law (codification), EU member states are required to incorporate minimum common standards into their national restructuring and insolvency laws by […]
Further extension of DAC6 deadline
On the 3rd of June 2021, the Tax Department issued an announcement stating that there will be no imposition of administrative fines for the overdue submission of DAC6 information until the 30th of September 2021. This is a further extension to the one granted by the Ministry of Finance on the 26th of February 2021, […]
Partner, Anna Demetriou, receives international recognition.
We are pleased to announce that Anna Demetriou, Partner at Elias Neocleous & Co LLC, has become a fellow of the International Academy of Family Lawyers (‘IAFL’). Anna joins existing IAFL fellow and co-Partner, Christos Melides in obtaining this international acknowledgement of professional expertise. IAFL is a worldwide association of practising lawyers who are recognised […]
EU Law Firm of the Year!
We are pleased to announce that ‘Global Advisory Experts’ (GAE) has named Elias Neocleous & Co LLC 2021 ‘EU Law Firm of the Year in Cyprus’. GAE is one of the foremost guides to leading advisory experts throughout the world and it has been hosting the Global Law Experts annual awards since 2010. Through the […]
Our partner Nicolas Tsardellis was a speaker at the LAWYEREX online session held on the 27th May 2021.
Mr. Tsardellis spoke on the topic of Cypriot procedural law in civil matters. The event was organised by the European Lawyers Foundation and the Cyprus Bar Association, was co-funded by the Justice Programme of the European Union, and was attended by 40 lawyers from 8 different EU Member States. Under the programme, young lawyers can […]