GOOD NEWS FOR CYPRUS START UP COMPANIES: AGREEMENT FOR THE ESTABLISHMENT OF A CYPRUS EQUITY FUND

After many months of negotiations between the Ministry of Finance and the European Investment Fund (EIF), a Financing Agreement for the assignment of the Management of the Cyprus Equity Fund (CEF) to the EIF was signed by the Minister of Finance, Mr. Konstantinos Petridis, today. The CEF will invest mainly in start-up and innovative Cypriot […]
‘Extremely knowledgeable, strategic and effective’ – Perfection achieved in 2022 Legal 500 EMEA rankings!

The 2022 Legal 500 Europe, Middle East & Africa rankings have been released and for the second consecutive year we are delighted to report that Elias Neocleous & Co LLC has received a Tier 1 rating in all nine categories reviewed. We are the only law firm in Cyprus to achieve this. Legal 500 has […]
CySEC Circular C489 to Regulated Entities on EU Council’s Restrictive Measures

Cyprus Securities and Exchange Commission (“CySEC”) has recently issued circular C489 (the “Circular”), addressed to Regulated Entities, namely, CIFs, ASPs, UCITS Management Companies, Internally managed UCITS, AIFMs, Internally managed AIFs, Internally managed AIFLNPs, companies with sole purpose the management of AIFLNPs, Crypto Asset Service Providers and Small AIFMs (the “Regulated Entities”). Cyprus Law 58(I)/2016, as […]
Environmental and social factors will become central to all business operations.

The Cyprus Mail recently interviewed Managing Partner, Elias Neocleous, about his attitude, and that of the firm, to the concept of sustainability. In the interview Elias expressed his view that sustainable business practices and corporate social responsibility are not only desirable in themselves, but they are also essential for the long-term survival of any business. […]
ESMA guidelines on marketing communications enter into force in Cyprus

Senior associate, Pamela Evangelou, recently contributed an article on the above topic to the prestigious IFLR platform. In her article Pamela explains the origins of the guidelines and their underlying purposes. She identifies which regulated entities are affected by it, before exploring which forms of communication are likely to fall within its ambit and which […]
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 […]
Article of our lawyers Xenia Kalogirou and Ioannis Sidiropoulos published in the International Financial Law Review

An article of our senior associate Xenia Kalogirou and our associate Ioannis Sidiropoulos has recently been published in the International Financial Law Review. The article addresses issues of Fintech under the prism of payment services. The authors report on the latest trends across the globe on these matters and present the insolvency aspect with a […]
12th LIMASSOL ECONOMIC FORUM

Having established itself as the “biggest and most prestigious business gathering in Cyprus”, the 12th Limassol Economic Forum (‘LEF’) took place at the Four Seasons Hotel on 22nd October 2021. Each year, LEF offers a stage to pioneering political, economic, professional and business figures to discuss and present the latest developments and innovations in their […]
Brightbridge’s R1.75 billion offer to RMB

The capital markets team of Elias Neocleous & Co LLC has assisted the Cyprus registered entity Brightbridge Real Estate Limited in the R1.75 billion offer (which is subject to terms and conditions) to acquire certain assets of RMB Holdings Limited (previously known as Rand Merchant Bank Holdings, a South African diversified financial services holding company […]
Elias Neocleous & Co LLC contributes the Cyprus chapter to “The Legal 500: Tax Country Comparative Guide”

Elias Neocleous & Co LLC is proud to announce the publication of the most recent update of the Cyprus chapter of “The Legal 500: Tax Country Comparative Guide”. The aim of this guide is to provide its readers with a pragmatic overview of the Tax laws and regulations across a variety of jurisdictions. Our chapter […]