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News & Events
Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
Paphos court rules against purchaser’s right to block property sale by auction
In a recent judgement issued by the District Court of Paphos – ‘ Y.A and Other v Bank of Cyprus ‘ – it was decided in favor of our client/bank that the applicant purchaser did not have the right to issue proceedings to cancel or postpone a private property sale by auction using the ‘ […]
Elias Neocleous & Co LLC is very proud to support the Legal 500 GC Powerlist for Greece and Cyprus
It is a great honour and pleasure for us to co-sponsor with our esteemed colleagues and friends KLC Law firm, Athens the 2019 Legal 500 GC Powerlist event for Cyprus and Greece. The gathering will recognize those professional colleagues who during the past year have distinguished themselves amongst the top 100 legal firms in Cyprus […]
Will Transparency override Privacy? Introducing the ‘Public Register ‘
Under the current legal framework in Cyprus, shares can be held through nominees, which can be either individuals or entities, in trust for the beneficial owner of the shares without public disclosure of the ultimate owner’s identity. Therefore, the name listed on the certificate of shareholders of an entity can merely state the nominee and […]
New Law on Protection of natural persons with regard to the processing of personal data
A new Cyprus law was enacted in March 2019 (Law 44 (I) of 2019), with title “Law on the protection of natural persons regarding the processing of personal data by competent authorities for the purposes of the prevention, investigation, detection or prosecution of criminal offenses or execution of criminal penalties and for the free movement […]
European Bank for Reconstruction and Development announces call for “Free Individual Coaching Sessions to New Businesses”
The Ministry of Energy, Commerce and Industry of Cyprus announced the call for participation in the Business Clinics Program of the European Bank for Reconstruction and Development (EBRD) The program, designed for enterprises with less than two years of activity demonstrating applicable ideas and a business plan, aims to provide support and guidance for their […]
Cyprus Securities and Exchange Commission – New Supervisory and Compliance Requirements.
The Cyprus Securities and Exchange Commission ( ‘’ CySEC’’) , whose Mission is to exercise effective supervision to ensure investor protection and the healthy development of the Cyprus securities market, has announced an updated version of its ‘ MiFID 11 Supervisory briefing on appropriateness and execution only ‘ and its ‘ MiFID supervisory briefing on […]
US Assistant Secretary for Terrorist Financing visits Cyprus
The US Department of Treasury Assistant Secretary for Terrorist Financing, Marshall Billingslea, visited Cyprus 18 & 19 April “to ensure that Cyprus has a strong and healthy financial sector” according to an official announcement. The visit, part of a regional trip which includes a stopover in Bahrain, is a follow-up to his last trip to […]
EU foreign investment screening regulation enters into force
The new EU framework for the screening of foreign direct investments has officially entered into force on 10 April 2019, following its adoption by the European Parliament and by the Council on 19 March 2019. It will be highly important in safeguarding Europe’s security and public order in relation to foreign direct investments into the Union. […]
Elias Neocleous & Co LLC – leading the 2019 Legal 500 rankings in Cyprus
We are delighted that the latest Legal 500 rankings for Europe, the Middle East & Africa, released on 10 April, confirm Elias Neocleous & Co LLC as the leading firm in Cyprus with the highest overall rankings. The Legal 500 rankings are the most authoritative guide to lawyers across the widest range of practice areas. […]
Cyprus IT Forum
Elias Neocleous & Co’s CIO, Michael Ioannou, has been invited to be a speaker at the upcoming Cyprus IT Forum to be held in Limassol on 20 and 21 May 2019. Michael, together with a panel of distinguished speakers, will be discussing matters relating to updates on implementation, and existing legal practice, of the EU General […]
Elias Neocleous & Co. LLC proudly sponsors lecture of Nobel Laureate Dr Christopher Pissarides
The increased engagement of Robots and Artificial Intelligence in various aspects of modern business challenges the traditional perception we have of employment relationships and will almost inevitably bring considerable changes to the job market. In this context, Elias Neocleous & Co. LLC is proudly sponsoring a lecture organized by the Cyprus Alumni Association of the […]
Vistra 2020 – The disruption advantage: opportunity in a changing world
Kyriacos Xenophontos, a partner in our firm and head of our affiliated trust company, was one of the three expert panel members invited to give their views on Cyprus’s services, legal and regulatory sector at the Vistra 2020 seminar held in Limassol on 4 April. Vistra is an international leader in the field of trust, fiduciary, […]