‘Encouragement of Long-Term Shareholder Engagement Law’ now in effect in Cyprus.

The ‘Encouragement of long-term shareholder engagement law’ (‘the Law’), which transposes Directive (EU) 2017/828 of the European Parliament and the Council of 17 May 2017 (‘the Shareholders’ Directive), was published in the Official Gazette of the Republic 12 May 2021. It takes effect from that date. Background The Shareholder’s Directive was the response of the […]

Doing business in: Cyprus

Author: Elias Neocleous, Andrea Kallis Parparinou, Elena Christodoulou Firm: Elias Neocleous & Co LLC Publisher: IFLR Link

Risks rising in corporate debt market

OECD has released its Corporate Bond Markets in a Time of Unconventional Monetary Policy study, indicating the trends of corporate bond issuance by non-financial companies and making some comparisons to the pre-crisis situation. According to the study, global outstanding debt in the form of corporate bonds issued by non-financial companies almost reached USD 13 trillion […]

Costas Stamatiou participated in the Asset Recovery International Conference which was held in Dublin in February 2019

Elias Neocleous & Co LLC Partner, Costas Stamatiou participated in the Asset Recovery International Conference which was held in Dublin in February 2019. Costas was a panelist on the topic Freezing the Un-freezable: Freezing and Enforcement against Unusual Assets which examined legal and practical issues involved in the freezing of assets such as diamonds, cryptocurrencies […]

CySEC proposes bringing Crypto Asset Activities under the ambit of the AML Law

On 19 February 2019, the Cyprus Securities and Exchange Commission (“CySEC”), issued a consultation paper, for interested market participants to express their views on proposed amendments to the Cyprus AML Law (L. 188(I)/2007 as in force). The proposed amendments extend the scope of Cyprus AML Law in line with the provisions of the EU Fifth […]

Pursuing greater heights – Our company’s CFO’s latest success

We would like to congratulate our CFO, Alexandra Spyrou, who, following years of hard work and dedication,  has been awarded the prestigious Professional Postgraduate Diploma in Private Wealth Advising by the Society of Trust and Estate Practitioners (STEP). Alexandra, a member of Institute of  Chartered Accountants of England and Wales, and a member of the Institute of Certified Public Accountants of Cyprus […]