Cyprus Deputy Ministry of Shipping issues circular on arrangements made by Cyprus financial institutions to facilitate the opening of bank accounts for seafarers affected by the situation in Ukraine

The Cyprus Deputy Ministry of Shipping has issued Circular No. 17/2022 informing registered owners,bareboat charterers, managers and representatives of ships flying the Cyprus flag that arrangements have been made by Cyprus financial institutions, namely, Bank of Cyprus, Hellenic Bank and Eurobank, in order to facilitate the opening of bank accounts for seafarers affected in view […]

New legislation underway on the establishment of shipping companies in Cyprus

The Council of Ministers has approved the draft legislation concerning the establishment of limited liability shipping companies. Once the draft legislation is adopted by the Cyprus Parliament and enters into force, it shall contribute to the creation of a one stop shop at the Cyprus Deputy Ministry of Shipping. The incorporation of these shipping companies […]

Partner Costas Stamatiou participated in the 33rd ICC-Fraudnet International Conference

Our partner Costas Stamatiou has participated in the 33rd ICC-Fraudnet International Conference held on the 17th and 18th of March 2021. The conference was held virtually and its main theme was fraud and asset recovery in a cryptocurrency world. Mr. Stamatiou is the Cyprus member of Fraudnet and has extensive experience in asset tracing and […]