Article of our partner Chrysanthos Christoforou in the International Financial Law Review

Our partner, Chrysanthos Christoforou has recently published an article in the International Financial Law Review (IFLR). The author mentions that Cyprus is a long-established international business center which guarantees safety, stability and prosperity for foreign investors for a number of reasons, including the island’s advanced commercial infrastructure and  its stable economy. Among the business it […]

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 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 […]

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 […]