Insights
Insightful Perspectives with Meaningful Impact
Proposal regarding the Motor Insurance Directive
The proposal, as submitted by the Commission, seeks to amend the Motor Insurance Directive (2009/103/EC) in five specific areas: (i) insolvency of the insurer; (ii) claims history; (iii) risks due to uninsured driving; (iv) minimum - Read More...
Recent Important Rulings of the Administrative Court of Cyprus
A. Introduction Every organised society is governed by a set of rules of law, that its members are bound to follow. At the same time, given that our legal system follows the rules of common - Read More...
Register of corporate beneficial owners and other legal entities in the department of companies and official receiver
Article 30 of the 4th European Directive (EU) 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing requires Member States of the European Union - Read More...
Cyprus increases social insurance contributions and introduces national health insurance contributions
The Social Security Fund has announced the increase of the employees’ social security contributions as of January 1st 2019 as well as the initiation of the national health insurance contributions as of March 1st, 2019. - Read More...
Post GDPR: Cyprus Supreme Court directions on the Online Publication of Court decisions
A. Introduction Right after the new General Data Protection Regulation (“GDPR”) came into force, many debates were initiated regarding its limits and the proper way of its implementation. The GDPR provides a new set of - Read More...
Training session on the Insurance Distribution Directive
On the 24th of October 2018, our Junior Associate, Xenia Sfika, attended a training session organised by the Insurance Institution of Cyprus, at Filoxenia Conference Center. The subject matter was the Insurance Distribution Directive. The session was - Read More...
Cyprus and United Kingdom signed a Tax Treaty on 22nd March 2018
Introduction On the 22nd of March 2018, Cyprus and United Kingdom entered into a Double Tax Treaty (‘DTT’) that enables both countries to expand their DTT network and strengthen their mutual economic and commercial relations. - Read More...
Quantum in Personal Injury Case Law in Cyprus 2017
In the attachment below you may find a summary of all rulings issued by the Cypriot courts in 2017, in which compensations were awarded for damages resulting from any form of accident. The purpose of this - Read More...
Work accidents and Personal Injuries Claims: Recent judgments by the Supreme Court of Cyprus
According to the relevant case law which actually interprets the common law as provided in article 51 of the Civil Wrongs Act Chapter 148, employers have a duty of care not to expose their - Read More...
Cyprus firms up discussions with India on new Double Tax Treaty
On 29 June 2016, Cyprus successfully completed the negotiation on the Double Taxation Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income with India. - Read More...
Reforming the soft tissue injury (whiplash) claims process
On 23 February 2017, the Ministry of Justice of the United Kingdom has published Part 1 of its response to the ‘Reforming the soft tissue injury (‘whiplash’) claims process’ consultation which closed on 6 January - Read More...
Exaggerated claims in motor accident cases under the microscope of the Supreme Court
It is a usual phenomenon for claimants in motor accident claims to claim for ‘a little something extra’ following a genuine loss. This practice stems from the perception that there is nothing to lose - Read More...