Latest
News & Events
Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
IFLR100 financial and corporate rankings place Elias Neocleous & Co LLC as ‘Tier 1’ legal firm
The results of the IFLR 1000 financial and corporate ratings review have been announced. Elias Neocleous & Co LLC is pleased to note that we have been ranked as a ‘Tier 1’ legal firm in Cyprus in the field of financial and corporate law. Additionally we are proud that five of our leading professionals have […]
Artificial Intelligence and the Administration of Justice
An article which was co-authored by Senior Associate, Christiana Pyrkotou and Associate, Aimilia Efstathiou recently featured in the Cyprus Mail. In the article they examine the latest EU regulatory proposals concerning the use of Artificial Intelligence(‘AI’) with specific reference to its potential use within the Cyprus judicial system. They explain why such usage might be […]
CySEC issues Circular in relation to prudential treatment of crypto assets and enhancement of risk management procedures associated with crypto assets
CySEC has issued a Circular on 3 August, providing some clarity on the matters of the prudential treatment of crypto assets and enhancement of risk management procedures associated with them, focusing on Cyprus Investment Firms (‘CIFs’). In relation to calculation of own funds and capital adequacy ratio (Pillar I), there still being no reference in […]
Elias Neocleous & Co LLC is delighted to announce the launch of phase I of its revolutionary legal technology solution Neolaw.ai
Using the latest and best aspects of machine learning and AI together with a natural language processing, Neolaw.ai is set to become an indispensable legal assistant and knowledge repository for ‘in-house’ lawyers and practicing lawyers throughout Cyprus and beyond. Through this initial roll-out of Neolaw.ai they will be able, via mobile, tablet, or desktop, to […]
Elias Neocleous & Co LLC is the ‘Leading law firm in Cyprus’
We are pleased to report that Elias Neocleous & Co LLC has once again been placed firmly at the top of Gold Business Magazine’s prestigious annual list of the ’90 Leading law firms in Cyprus’. The list is compiled and ordered with regard to the significance of a firm’s contribution to the Cyprus legal sector […]
October 2021 – Time to Reflect!
“Doers United” is the motto of the 2021 Reflect Festival and Elias Neocleous & Co LLC is pleased to confirm that it will once again be ‘doing’ its best to ensure that the festival is a great success. For the fourth successive year we will be acting as a Gold Sponsor and co-organiser of this […]
Lawyer Trainee Program 2020-2021
As our 2020 – 2021 Lawyer Trainee program is coming to an end, we would like to congratulate everyone for successfully completing their legal training with our firm. We are proud to announce their 100% success rate in passing the Cyprus Bar exams with exceptional results. We thank everyone for the enthusiasm and resilience they […]
European Securities and Markets Authority (ESMA) issues Public Statement encouraging better scrutiny of prospectuses relating to Special-Purpose Acquisition Companies (SPACs)
ESMA has recently issued a Public Statement to promote coordinated action by National Competent Authorities (NCAs) regarding the scrutiny of the disclosure included in prospectuses relating to Special-Purpose Acquisition Companies (SPACs), which are approved in accordance with Regulation (EU) 2017/11291 (Prospectus Regulation or PR). ESMA has also issued this statement to draw attention to the […]
The EU’s new sustainable finance strategy
The European Commission adopted an ambitious and comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy. The Strategy builds on the ambitious foundations of the Action Plan on Financing Sustainable Growth and comes at a critical point in time for the progress of sustainable finance […]
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 […]