Insights
Publications
Explore our latest publications and legal insights. Sharing knowledge on key legal and industry developments.
Ensuring Contractual Compliance with the Digital Resilience Operational Act
The Digital Operational Resilience Act (DORA), part of EU Regulation (EU) 2022/2554, aims to enhance cybersecurity in the financial sector by enforcing strict ICT risk management protocols. Effective from January 2025, DORA mandates that financial entities and ICT service providers adhere to comprehensive risk management frameworks, including detailed contractual provisions. These contracts must consider critical […]
The challenge of traditional banks to stay relevant
Continuous technological progress has undoubtedly impacted the banking sector. This rise of financial technology (fintech) is a clear example, offering innovative solutions that improve the efficiency and accessibility of services, as well as the customer experience. As fintech companies capture a growing share of the market, traditional banks face both significant challenges and new opportunities […]
I am Human: Why our insight, compassion, integrity, and agility matter more than AI
In an era of advancing AI, the distinct qualities that define us as human—insight, compassion, integrity, and agility—are more crucial than ever. As legal and compliance professionals, we recognise the value of AI in streamlining tasks and enhancing efficiency. However, the depth of human judgment, ethical decision-making, and emotional understanding remain irreplaceable. This article by […]
The rise of artificial intelligence in legal practice: Efficiency and challenges
The legal profession is experiencing a significant transformation through the integration of artificial intelligence (AI) technologies. A recent article from our firm explores the profound impact of AI on legal work, highlighting its ability to automate repetitive tasks, enhance efficiency, and allow lawyers to focus on complex analysis and client service. While AI offers substantial […]
Wills – When should they be drawn up and what are some potential complications?
In Cyprus, the succession of an individual’s estate is predominantly governed by the Wills and Succession Law (Cap 195) and the Administration of Estates Law (Cap 189). Cap 195 applies to the estates of individuals domiciled in Cyprus at the time of their death and encompasses both movable and immovable property. The law enforces a […]
Elias Neocleous & Co LLC contributes the Cyprus chapter of Global Legal Insights (GLI) – Corporate Tax 2024
Elias Neocleous & Co LLC is pleased to announce the release of the 2024 edition of GLI – Corporate Tax, featuring an updated chapter on Cyprus. This chapter is co-authored by Senior Associate Elena Christodoulou, Legal Consultant Fabian Cabeza, and Associate Alexis Christodoulou. It offers an in-depth overview of the corporate tax environment in Cyprus, […]
Technology driven legal reforms: A double-edged sword
The landscape of AI and cybersecurity is rapidly evolving, with new regulations that promise to reshape the way businesses operate. These regulations are designed to protect individual rights and enhance security, but they also bring significant compliance challenges. An article authored by Michael Ioannou, Chief Information Officer at Elias Neocleous & Co, delves into these […]
Cultural Heritage: Stones, siestas and the art of savoir-faire
Cultural heritage, encompassing elements like the Parthenon, the Spanish siesta, and French savoir-faire, plays a crucial role in societal development. It includes not only tangible artifacts and sites but also intangible aspects such as traditions, languages, and crafts. The concept of cultural heritage has evolved, now including practices like the Mediterranean Diet, recognized by UNESCO. […]
Elias Neocleous & Co LLC contributes the Cyprus Chapter of Global Legal Insights – Mergers & Acquisitions 2024 (13th edition)
Elias Neocleous & Co LLC (ENC) is pleased to announce the release of the 13th edition of Global Legal Insights – Mergers & Acquisitions 2024, featuring an updated Cyprus Chapter. Co-authored by ENC Managing Partner Elias Neocleous and Partners Demetris Roti and Costas Stamatiou, this chapter offers a comprehensive overview of the M&A market in […]
The EU’s comprehensive anti-money laundering framework: An in-depth analysis
The European Union (EU) has established a robust and comprehensive anti-money laundering (AML) framework to protect its financial system from illicit activities such as money laundering and terrorist financing. An article co-authored by our firm’s Kyriaki Stinga, Senior Associate, and Dorina Mastora, Deputy Compliance Officer, provides an in-depth analysis of the EU’s AML measures, which […]
EU Implements AML Regulations for Football Agents and Professional Football Clubs
The European Union (EU) has recently adopted a new Anti-Money Laundering Regulation (AMLR), which will include football agents and professional football clubs as obliged entities for anti-money laundering purposes starting from 10 July 2029. The EU Anti-Money Laundering Authority (AMLA) will issue relevant guidelines by 10 July 2026. This regulation covers transactions involving investors, sponsors, […]
Cancellation of an imposed Personal Repayment Plan Order by a creditor
In times of financial difficulty, the Personal Insolvency (Personal Repayment Plans and Debt Relief Order) Law of 2015 in Cyprus provides a structured way for debtors to manage their debts while protecting their principal residence. This law is designed to balance the interests of both debtors and creditors as it provides opportunities for the parties […]
