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 […]
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 […]
Government and EU announcements on August 24th bring some holiday cheer.
Cypriots who were hoping to gain some respite from this summer’s unusually high temperatures once 15th August had passed have been disappointed this week. However, consumers, workers, employers, business people and even the Cyprus government all had some reason to feel more cheerful on 24th August! The first drop of good news was a confirmation […]