March 2021: ADIT Examination Success for Elias Neocleous & Co LLC.

Congratulations to our Chief Financial Officer, Alexandra Spyrou, who has successfully completed all stages of the Advanced Diploma in International Taxation (ADIT) examinations. ADIT examinations lead to a professional qualification offered globally by the highly respected UK-based Chartered Institute of Taxation.  This rigorous qualification is designed to improve international tax skills at an individual and […]

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 […]

Global Sanctions Guide

Elias Neocleous & Co LLC is proud to have provided the Cyprus content for the third edition of “Global Sanctions Guide” (the Guide) by Eversheds Sutherland. The Guide is the result of a comprehensive research project on sanctions frameworks.  The project brought together leading experts from around the world who reported on the characteristics and […]

CySEC Issues Q&A on Brexit Related Matters

The Cyprus Securities and Exchange Commission (“CySEC”) announced today the launching of a dedicated section on its website to serve as a Brexit Information Hub. Practically evidencing its commitment to always finding new ways to improve the financial markets, CySEC has prepared a comprehensive set of guidance on Brexit in the form of Questions & […]

CySEC Announces Cyprus Temporary Permissions Regime for UK Investment Firms post-BREXIT

On 22 December 2020, the Cyprus Securities and Exchange Commission (“CySEC”) announced the introduction of a Temporary Permissions Regime (the “Cyprus TPR”) which applies to UK-authorized investment firms (but not UK-authorized credit institutions as regards MiFID II regulated services and activities) in order to facilitate smooth post-Brexit transition for Cyprus Investment Firms (“CIFs”) having arrangements […]

CYSEC issues first ever cryptocurrency regulations

Cyprus Mail recently published an article addressing the latest developments concerning the first cryptocurrency regulations issued by the Cyprus Securities and Exchange Commission and included comments and views from our very own Dimitris Papoutsis, legal consultant on this very interesting and developing area. You can find the article  in this link. If you need more […]

Taxation of Crypto Assets

Elias Neocleous & Co LLC is proud to have contributed the Cyprus content to a comprehensive and pioneering research project on the taxation of crypto assets. The project brought together leading tax experts from around the world to examine the characteristics of crypto assets as well as the key tax concepts and types of taxes […]

Elias Neocleous & Co. LLC Advises Pepperstone On Its CySEC Authorization As CIF

During 2020, our firm advised our valued client, Pepperstone Group Limited, an Australian-authorised investment firm, in the establishment, authorization process of its Cyprus subsidiary, Pepperstone EU Limited. Working alongside Pepperstone executives, Michael Pelosi (Legal Counsel), Dimitris Papoutsis(Legal Counsel), Rafaella Michael (Associate) and Ioannis Sidiropoulos (Associate) comprised the Financial Services and Regulation team providing Cyprus regulatory […]