The proposed bill on “The Distributed Ledger Technology Law of 2021” is now under public consultation
In June 2019, the Council of Ministers of Cyprus, approved the National Strategy for Decentralized Technologies-Blockchain. The strategy came as a result of the efforts made within the framework of the European Cooperation in Blockchain, which was entered into on 4 June 2018 between Cyprus, Greece, Malta, Italy, France, Spain and Portugal, subject to the […]
Article of our Partner Nicolas Tsardellis and associate Aggelos Antonelos published in the Fileleftheros newspaper
Our Partner Nicolas Tsardellis and associate Aggelos Antonelos, have recently published an article in the Fileleftheros newspaper, on the issue of the corporate directors liability in cases of VAT debts . The authors first referred to the judicial practice till now. They then presented a recent court decision improving the legal position of the corporate […]
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 […]
