February 13, 2020

Did you Know?

Did you know though that there is no definition of “company of foreign interests” in any law in Cyprus?
February 13, 2020

Did you Know?

The resemblance between the legal systems of Cyprus and the UK travels back in time, to the period of English colonization, which has left, among others, to Cyprus, the heritage of the English common law system.
December 2, 2019

Cyprus Investment Firms

A Cyprus Investment Firm is one of the most effective vehicles both within the European Union and worldwide for providing investment services either within Cyprus or abroad and Cyprus is evolving to a prominent investment services center given the increasing number of investment services firms that have been established in Cyprus in the past years.
November 1, 2019

Brexit Preparedness

During the last couple of years, we have seen a new determinative player in the European market, the so called “Brexit Preparedness”. It has gradually become a multifaceted concept, related with all industry sectors and well-established, up until now, procedures, from custom duties and labelling of products, to jurisdiction clauses in international commercial contracts and transmission of personal data across the Union.
October 31, 2019

Heavy GDPR fines for improper data retention and deletion procedure

The first multi million GDPR fine was issued by the German Commissioner for Data Protection and Freedom of Information (Berliner Beauftragte für Datenschutz und Informationsfreiheit – Berlin DPA).
October 30, 2019

Ένα «κλίκ» μακριά από το επιθυμητό ακίνητο πια οι υποψήφιοι αγοραστές

Ένα «κλίκ» μακριά από το επιθυμητό ακίνητο δύνανται να βρεθούν πια οι υποψήφιοι αγοραστές. Τα Τραπεζικά Ιδρύματα της Δημοκρατίας έχουν πλέον, μετά τις τροποποιήσεις του περί Μεταβιβάσεως και Υποθηκεύσεως Ακινήτων Νόμος του 1965 (9/1965), τη δυνατότητα ως Ενυπόθηκοι Δανειστές να επιλέξουν τη διενέργεια πλειστηριασμού με ηλεκτρονικά μέσα για την πώληση ενυπόθηκου ακινήτου.
September 30, 2019

Unlawful employment and the right to free movement in the European Union

The Court of Justice of the European Union (CJEU) on 2nd of October held an important decision which clarifies the conditions of Article 7(1)(b) of the Directive 2004/38. The Court received a request for a preliminary ruling from the Court of Appeal in Northern Ireland (United Kingdom).
September 23, 2019

Winding up Application, the procedure followed during the hearing

A winding-up Application (petition) under the scope of Article 211 of Chapter 113, is an originating summons as interpreted by Order.2 R.2 of the Civil Procedures Rules. Therefore, it is clear that such petitions differ from any other interim applications or applications by summons which are filed under other procedure rules and which have been already initiated and governed by Order 48 of the Civil Procedures Rules.
September 19, 2019

Regulation (EU) 2016/1103 on matrimonial property regimes

On 24 June 2016 the EU Council adopted two new Regulations a) the Regulation 2016/1103 which covers marriage issues and b) the Regulation 2016/1104 that covers registered partnerships. Both regulations aim to create certainty about the applicable property law for the couples who enter into a marriage or registered partnership of a cross-border nature. The new rules will only apply to marriages and registered partnerships entered or commenced after 29 January 2019, and only in the Member States which have acceded to the Regulations.