Housing Amnesty: New legislation on issuance of title deeds for properties in Cyprus

Following a two-year period of comprehensive work and intensive, coordinated effort, with the involvement and contribution of numerous authorities, organisations and institutions involved in the construction industry, the House of Representatives has approved amendments of - Read More...

A European-wide Preservation Order: How the Common Law Practice Can Contribute

“Milking a dry udder gets you nothing but kicked off the milking stool,” as an old saying goes. Having this in mind, a claimant would not normally bring proceedings unless he or she is confident - Read More...

By Nicolas Kyriakides

Chapter on Cyprus Environmental Laws

Following the accession of Cyprus within the European Union in 2004, the environmental policy has been subjected to a fundamental review, in order to be brought into line with over 300 legislative instruments (Regulations and - Read More...

By Michael Kyriakides

Chapter on Cyprus Insurance Law

Cyprus maintains a highly developed insurance sector which is growing alongside the banking and international investment business. All insurance business, except for the Social Insurance Scheme which is operated by the Cyprus government, is operated - Read More...

By Michael Kyriakides

Chapter on Cyprus Telecommunications Laws

Since almost a decade ago and after various public consultations, Cyprus carried out all of the necessary changes in order to bring the national laws of Cyprus and policies into line with the European laws, - Read More...

By Michael Kyriakides

Chapter on Enforcement of Foreign Judgments in Cyprus

The enforcement of foreign awards in Cyprus has now become particularly significant in international business.  This is attributed to the consideration of Cyprus Companies as a prime corporate vehicle for asset management.  On this Chapter, - Read More...

By Michael Kyriakides

Competition challenges during periods of financial crisis

In November 2014, the Cyprus Commission for the Protection of Competition (CPC), in association with the Cyprus Chamber of Commerce and Industry, held a conference in Nicosia, focusing on competition challenges during periods of financial - Read More...

Oil and gas regulation in Cyprus: overview

We are pleased to introduce an overview prepared by Harris Kyriakides LLC in regard to the Cyprus oil and gas regulations. The overview, which features in the 2014 multi-jurisdictional guide of Practical Law –  Energy - Read More...

By Michael Kyriakides

Deflation trends in the assessment of damages under Cyprus law

The guidance of the Cyprus Supreme Court in the assessment of damages in accident claims has traditionally been founded on certain principles: first, that damages in civil torts do not aim to the punishment of - Read More...

EU Member States set up a Unified Patent Court

Pursuant to an international agreement concluded outside the EU institutional framework, 24 European Union member states have now agreed to establish a Unified Patent Court (UPC) that will ensure the uniform applicability of patent law - Read More...

Important guidance on the assessment of capital gains tax on Cyprus real estate sales

The Cyprus Supreme Court has recently adjudicated on the competence of the Director of the Department of Inland Revenue to reassess the value of a Cyprus property held by a Cyprus company, which was the - Read More...

Supreme Court denies jurisdiction for ship arrest in Cyprus in aid of foreign arbitration proceedings

In a judgment issued on 22 October 2012, the Cyprus Supreme Court, acting as Admiralty Court, held that it lacks jurisdiction to arrest a ship berthed in a Cyprus port, for the purpose of aiding - Read More...