Insights
Insightful Perspectives with Meaningful Impact
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
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...
Cyprus resists ratification of ACTA
Cyprus, along with four (4) other EU Member States (Germany, Slovakia, Estonia, and Netherlands), has refused to sign the Anti-Counterfeiting Trade Agreement, known as ACTA. ACTA is a multinational treaty which aims at the establishment - Read More...
New EC law on payment terms
The European Commission has published its new directive (2011/7/EU) which seeks to tackle late payment in commercial transactions. This alert is relevant to anybody buying or selling goods or services. For sellers the directive might - Read More...
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