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 […]
Elias Neocleous & Co. LLC identified as one of the leading international firms for India matters by India Business Law Journal
The ‘ India Business Law Journal ‘ ( IBLJ ), a market-leading monthly magazine which delivers expert analysis on the legal and regulatory challenges facing domestic and international businesses in India, has identified Elias Neocleous & Co LLC as one of the leading international law firms for India work in 2020, for a 3rd consecutive […]
Elias Neocleous & Co LLC contributes the Cyprus chapter to the International Comparative Legal Guides – Corporate Governance Laws and Regulations 2021
Elias Neocleous & Co LLC is proud to announce the publication of the most recent update of the Cyprus part of the International Comparative Legal Guides – Corporate Governance Laws and Regulations 2021. The chapter includes an analysis of key Cyprus Law matters in this field, such as the rights and powers of the shareholders […]
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 […]
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 […]
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 […]
European Securities and Markets Authority (ESMA) issues Public Statement encouraging better scrutiny of prospectuses relating to Special-Purpose Acquisition Companies (SPACs)
ESMA has recently issued a Public Statement to promote coordinated action by National Competent Authorities (NCAs) regarding the scrutiny of the disclosure included in prospectuses relating to Special-Purpose Acquisition Companies (SPACs), which are approved in accordance with Regulation (EU) 2017/11291 (Prospectus Regulation or PR). ESMA has also issued this statement to draw attention to the […]
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 […]
Cyprus and United Kingdom: The promising Lands? – Services and Opportunities
On 20 April 2021, partner Andrea Kallis participated in the above seminar which was hosted by the Great Britain and Cyprus Business Association. The seminar addressed the issue of the ongoing relationship between the two countries now that the Brexit transition period has expired. The keynote speaker was Natasa Pilides, Minister of Energy, Commerce and Industry […]
