Cyprus and the EU Green Deal

The Cyprus Mail recently published an article written by our Trainee Aylin Zeybek.  The article outlines the main objectives of the EU Green deal together with the European legislation and policy initiatives which have been introduced in support of them. It then proceeds to explore the National Energy and Climate Plan for Cyprus, introduced in […]

Elias Neocleous & Co LLC wins ‘Who’s Who Legal’ Award.

Ending 2021 on a positive note we are really pleased to announce that Elias Neocleous & Co LLC has added to the numerous awards already received this year by being named 2021 Cyprus Law Firm of the Year by Who’s Who Legal. Published by independent publishing group Law Business Research Limited,  Who’s Who Legal’s reputation […]

ESMA PUBLISHES TECHNICAL STANDARDS ON CROWDFUNDING

The European Securities and Markets Authority (ESMA), has recently published a Final Report in relation to technical standards (RTS and ITS) under the provisions of the Crowdfunding Regulation (ECSPR), in its capacity as the EU’s securities markets regulator. The report addresses all of ESMA’s 12 mandates in this field which include 4 with a legal deadline set […]

2021 Reflect Festival – Time for Action!

The opening of the ‘Doers Unite’ 2021 Reflect Festival (‘Reflect’) will soon be upon us.  This year’s Reflect runs from the 14th to the 16th October inclusive and, as its long-term Gold Sponsor, Elias Neocleous & Co LLC looks forward to again participating in the biggest ‘Future Casting’ event in the region. Serving as an […]

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 […]

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 […]

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 […]

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 […]

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 […]

EU seeks to build a Europe that is ‘fit for the digital age’.

The  EU has, in recent years, strongly advocated the need to build a resilient Europe which is fit for the Digital Decade. This picture of Europe is one where people and businesses benefit from artificial intelligence-generated improvements (AI) in industry and in  day-to-day life.   However, also critical to this vision of the future, is an […]