Insights
Insightful Perspectives with Meaningful Impact
CJEU Diarra Ruling on FIFA’s Transfer Regulations: Implications for international football and Cypriot clubs
Introduction In October 2024, the Court of Justice of the European Union (the CJEU) issued a ground-breaking judgment regarding FIFA’s Regulations on the Status and Transfer of Players (the RSTP). This ruling is perhaps the - Read More...
Harris Kyriakides advises Petrolina on its acquisition of ExxonMobil Cyprus
Harris Kyriakides advised Petrolina (Holdings) Public Ltd on its landmark acquisition of 100% of the share capital of ExxonMobil Cyprus Limited, a subsidiary of Exxon Mobil Corporation. The transaction remains subject to the approval of - Read More...
EU seeks to ban “forever chemicals” in consumer products
The European Commission’s new initiative to phase out “forever chemicals” from consumer products marks a significant shift in the European market, impacting industries across various sectors. Background “Forever chemicals”, formally known as per- and polyfluoroalkyl - Read More...
Obstructing the dawn raid: EU competition law expands to digital communications
The European Commission’s €15.9 million fine against IF&F signals an expanded enforcement approach, extending its investigative powers to digital communications like WhatsApp, setting a precedent for future competition law investigations.
New developments in European state aid for aviation and the impact on Cyprus
The European aviation sector is undergoing significant regulatory scrutiny, particularly concerning state aid provided to airlines and airport operators. Recent decision by the European Commission has brought to light the complexities that EU member states - Read More...
FIFA publishes the first International Player Transfer Guide
FIFA has released its first-ever International Player Transfer Guide, aimed at providing stakeholders with a comprehensive understanding of the player transfer process. This initiative forms part of FIFA’s ongoing commitment to reforming the transfer system, - Read More...
Impact of EU sanctions on commercial contracts governed by Cyprus law
Cyprus legislation incorporates the sanctions regime promulgated by the United Nations and the European Union through the Law on the Implementation of Provisions of Resolutions or Decisions of the Security Council of the United Nations - Read More...
Commission for the Protection of Competition launches public consultation on priority criteria
The Competition Protection Committee is initiating a public consultation to establish criteria for prioritising its duties and powers as defined by the 2022 Competition Protection Law. This initiative aims to enhance transparency and effectiveness in - Read More...
Injunctions suspending demands on performance bonds and bank guarantees
Performance bonds and bank guarantees are vital in ensuring smooth commercial operations. They act as safeguards for parties engaged in business, particularly in industries like construction and contracting. These bonds assure that obligations will be - Read More...
Model European Rules of Civil Procedure
The ELI and UNIDROIT convened a pivotal Dissemination Conference at the Austrian Academy of Sciences in Vienna on February 5 and 6, 2024. The event spotlighted the enduring significance of the ELI-UNIDROIT Model European Rules - Read More...
The 95th EJN (in Civil and Commercial Matters) Meeting in Brussels
Nicolas Kyriakides served as one of the representatives for Cyprus, recently took part in the 95th meeting of the European Judicial Network (EJN) held in Brussels. The meeting particularly delved into EU procedures concerning the - Read More...
Cyprus Commission for the Protection of Competition launches public consultation on amendments to the law for the Protection of Competition
The Cyprus Commission for the Protection of Competition (the Commission) has launched a public consultation on the draft bill titled “The Protection of Competition (Amendment) Law of 2024”. The consultation will run from April 4, - Read More...