The Whistleblowing Directive: Update on its implementation

In 2018, the European Commission explicitly stated: “Unlawful activities and abuse of law may occur in any organisation, whether private or public, big or small. They can take many forms, corruption, fraud, businesses’ malpractice or negligence. And if they are not addressed, it can result in serious harm to the public interest. People who work […]

New e-commerce VAT rules.

A newsletter has been issued by the Tax Department on the new VAT rules relating to cross-border e-commerce (business-to-consumer – B2C). The rules will enter into force from the 01st of July 2021.  The new VAT e-commerce rules aim to put in place a simplified VAT system for businesses which provide services and/or sale of […]

Elias Neocleous & Co LLC contributes to prestigious German publication on Insolvency Law

Our firm has contributed to the 4th edition of the reputable German publication ‘’Münchener Kommentar zur Insolvenzordnung- Band 4’’ (Munich Commentary on Insolvency Law – Volume 4). The edition compiles 53 global country reports (including Cyprus) and high calibre insolvency law related commentaries. The EU is fully represented in the country reports, including implementation aspects […]

ESMA proposes rules for Taxonomy-alignment of non-financial undertakings and asset managers

On 1 March, the European Securities and Markets Authority (ESMA), published its Final Report on advice under Article 8 of the Taxonomy Regulation.  Article 8 covers the information to be provided by non-financial undertakings and asset managers to comply with their disclosure obligations under the Non-Financial Reporting Directive (NFRD). The recommendations outline the Key Performance […]

Amendments to EU Slot Regulation casts struggling airlines a lifeline.

On 15 February 2021, the EU adopted an amendment to the ‘Slot Regulation’ (the Regulation) tempering the so-called ‘use it or lose it’ rule.  Slots are essential for airlines at congested or coordinated airports (those where demand exceeds capacity). Without a slot, airlines cannot operate to or from those airports. The number of slots at […]

EU introduces stronger trade enforcement rules.

On 13 February 2021, the European Commission issued a press release announcing that robust new trade enforcement rules (the New Rules) have been put in place to protect the interests of the EU.  The drive to amend the existing Enforcement Regulation ( the Regulation) was a response to the effective sabotage of the operations of […]

The European Green Deal: Challenges and Opportunities

On the 1st of February 2021, the Brussels office of Elias Neocleous & Co LLC presented a webinar, accredited by the Cyprus Bar Association, on ‘The European Green Deal’ .   Opening the webinar, Mr. Ierotheos Papadopoulos, Head of the European Commission Representation Office in Cyprus, gave a speech, during which, he presented the European […]

Invitation to a seminar on the European Green Deal: challenges and opportunities

Our firm would like to invite you to a seminar prepared by our Brussels office on the topic of ‘The European Green Deal: Challenges and Opportunities.’ The seminar touches on a very important, and much-discussed topic, in Europe. Indeed, the Green Deal Agreement is one of the main pillars of the European Commission’s priorities for the […]