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Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
The Minister of Finance has issued an ‘Order on Extraordinary Measures by Financial Organizations and Supervisory Authorities’
Within the framework of extraordinary measures taken by the Republic of Cyprus, in order to support the economy of Cyprus in these adverse circumstances, the Minister of Finance has issued the ‘2020 Order on Extraordinary Measures by Financial Organizations and Supervisory Authorities’ (the “Order”...
Employers and employees in the age of Covid 19: A looming battle
The world community has not faced a situation like the one created by the Covid-19 pandemic in modern times. The Republic of Cyprus is among many countries fighting desperately to minimize damage on all fronts. In an effort to limit the spread of the virus, the government has taken drastic measures...
Cyprus Ship Registry: Updates on precautions for mariners in relation to Coronavirus “COVID-19”
Further to Circular 03/2020, the Shipping Deputy Ministry has issued Circular 05/2020 informing the registered owners, charterers, shipmanagers and representative of ships flying the Cyprus flag of the following new Circular Letters issued by the International Maritime Organization (IMO): (i) IMO C...
Coronavirus “COVID-19”: Steps taken by the Cyprus Ship Registry and the Cyprus Companies Registry to assist businesses
Cyprus Ship Registry – Extension of Time for Payment of Tonnage Tax and Annual Maintenance Fee: It has been announced that the CyprusShipping Deputy Ministry, in an effort to support shipping companies and owners of Cyprus ships and to enable them to address the difficulties encountered due t...
Digital Transformation and the Law Firm of the Future!
Chief Information Officer, Michael Ioannou, recently featured as the ‘cover story’ for “Gold Magazine’s”, 15 March 2020 special edition which was devoted to the topic of ‘Digital Transformation’. In his interview with the magazine, Michael explained how technological advances are changing the mann...
The EU and the coronavirus pandemic
On 11 March 2020 the U.S. President Donald Trump stunned the European leaders by announcing a 30 day ban of any air travel from 26 Schengen countries because as he said, “the EU failed to take the same precautions as the U.S. and restrict travel from China”. No EU affairs connoisseur was surprised...
Give a gift of blood and save a life
On Monday 9th March 2019, as part of our CSR philosophy and with the motto “Give a gift of blood and save a life” our firm successfully hosted its annual voluntary blood donation drive at the Limassol office. The social responsibility initiative was organized conjointly with the Limassol General Ho...
EU establishes Coronavirus response team
President Ursula von der Leyen has announced the creation of an EU coronavirus response team to coordinate the actions of the EU and member states in response to the current pandemic. The team is comprised of eight specialist European Commissioners who are currently responsible for the policies mo...
COVID – 19 issues? Elias Neocleous & Co LLC is ready to help!
We would like to inform you that we have introduced a dedicated online portal for issues specifically related to the COVID-19 pandemic. The portal may be accessed from our main website neo.law and it contains regularly updated legal guidance on areas of the law which are directly impacted by curre...
A message from Elias Neocleous- Managing Partner of Elias Neocleous & Co LLC.
The current COVID 19 pandemic renders these challenging times for Cyprus, and, indeed the world. They are also a reminder that there is nothing more important in life than the physical and mental wellbeing of our family, friends and the wider community. An important element of this wellbeing is t...
Rule of law as defined by Constitution must be upheld at all times
On 13 March 2020, the government of Cyprus announced that entry into the Republic would not be allowed except for certain categories of people including Cypriot citizens, legal residents, Europeans and other citizens working in the Republic, students, and a small number of people qualifying as spec...
CySEC circular on COVID-19 and respective Business Continuity and Contingency Plans of Regulated Entities.
On the very current topic of CoVID-19, the Cyprus Securities and Exchange Commission (“CySEC”) issued today Circular C358/6.03.2020 (available here) to all Regulated Entities, informing them that CySEC is actively following the developments related to the coronavirus disease 2019 (COVID-19) and the...