Insights
Insightful Perspectives with Meaningful Impact
Cyprus Supreme Court approves use of independent IT
Introduction On 14 November 2018, the Supreme Court of Cyprus issued its decision in Metaquotes software ltd v xxxxx Dababou Civil Appeal No. E234/2016, which involved a number of practical issues related to the enforcement - 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...
Announcement by the Registrar of Companies and Official Receiver
The Department of Registrar of Companies and Official Receiver announces that following the Advocate General’s opinion regarding Article 90 of the Companies Law Cap. 113, will not accept registrations of subscriptions, pledges relating to pledge - 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...
Bill on the Commercial Court Law of 2018
It is well known that there has been a longstanding problem with delays in litigation procedures before the Courts with regards to civil and commercial matters. The Ministry of Justice and Public Order is promoting - 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...
The Cyprus Supreme Court provides guidance on irregularities of service in civil proceedings
In the recent case of Manoli v Hellenic Bank (Finance) Limited, Civil Appeal 413/11, issued on 3 February 2017, the Supreme Court was offered the opportunity to decide an interesting issue in relation to defective - Read More...
Cyprus Courts deny enforcement of an English Court judgement in Cyprus on grounds of public policy
The Larnaca District Court has issued its long awaited judgement on applications for enforcement of English Court judgments in Cyprus and has denied enforcement on grounds of a manifest breach of the public policy of - Read More...
Civil procedure reform in Cyprus looking to England and beyond
The average length of a first instance civil trial in Cyprus is approximately two years. The article identifies the elements of Cypriot civil litigation that contribute to lengthy and costly trials despite the recent amendments - Read More...
By Nicolas Kyriakides
New European Regulation cuts red tape
On the 9th of June 2016, the European Parliament has adopted a regulation (the “Public Documents Regulation”), proposed by the Commission, to cut costs and formalities for citizens who need to present a public - Read More...
The European Account Preservation Order
The European Account Preservation Order (EAPO) Regulation (Regulation (EU) No 655/2014) (the “Regulation”), is a recently introduced EU-wide instrument. It allows a plaintiff to obtain an order preserving a defendant’s bank account across the EU - Read More...
By Nicolas Kyriakides