How does the reality of the Cyprus legal system compare to what you imagined before you qualified as a lawyer?

The idea that many undergraduate law students have as to Cyprus’ legal system, except for some students who gained some legal experience due to summer internships, is to say the least erroneous. ,.

The traditional model of services (offshore/shell companies) provided to clients appears to be dying. What does the future entail for firms that provide services to international clients? What should be our model?

Times are changing and regulation is becoming tougher in an effort by governments to clamp down on money-laundering which now includes all predicate offences, including tax evasion.

Το επάγγελμα του δικηγόρου είναι απαιτητικό και οι προκλήσεις πολλές. Η βιωσιμότητα των πολύ μικρών γραφείων είναι αμφίβολη ενόψη των αυξημένων απαιτήσεων σε θέματα συμμόρφωσης και ανάγκης για αναβάθμιση και χρήση της τεχνολογίας τόσο για τη μεγιστοποίηση της αποδοτικότητας όσο και για μείωση των κινδύνων κυβερνοεπιθέσεων.

Εξαιτίας του κανονισμού GDPR οι επιχειρήσεις ανά την Ε.Ε. έχουν ήδη αρχίσει να πραγματοποιούν θεμελιώδεις αλλαγές όσον αφορά την πλήρη εναρμόνιση τους με τον ευρωπαϊκό κανονισμό. Μέσα από τις ερωτήσεις που ακολουθούν η Μελίνα Πύργου, Διευθύνων Σύμβουλος του Δικηγορικού Γραφείου «Πύργου Βάκης», μας δίνει περισσότερες πληροφορίες για την υποχρέωση συμμόρφωσης, τη νέα τάξη πραγμάτων και πως το GDPR επηρεάζει τον κόσμο των επιχειρήσεων.

Stavros Charalambous joined Pyrgou Vakis LLC in 2015 and he is part of the Litigation team in Nicosia office. He is a member of the Cyprus Bar Association. He mainly deals with litigation, IP and Personal Data. Stavros undertook professional training in GDPR fields and shortly he will receive his Certification as a Certified DPO.

Eleni Andreou joined Pyrgou Vakis team in 2010 and heads the Limassol office since early 2016. She is a member of the Cyprus Bar Association and specializes in corporate and commercial law, Mergers & Acquisitions and real estate transactions, both local and cross-border.

Doing Business is a report that is compiled from a survey. The survey takes certain criteria into account and the results are taken together to compile the listing. We have a very low ranking in some of these criteria, like enforcement of contracts and I assume that this brings down our overall ranking. The report analyses the methodology and the factors taken into consideration.