Insights
Insightful Perspectives with Meaningful Impact
Cyprus updates legislation on recovery and resolution of credit institutions and investment firms
Introduction The Cyprus House of Representatives has approved two legislative amendments to align national laws with EU directives on the recovery and resolution of credit institutions and investment firms. These developments are part of a - Read More...
Cross-border recognition and enforcement of foreign court judgments
The accession and successful implementation of the Hague Convention of 2 July 2019 on the Recognition and Enforcement of foreign judgments in civil or commercial matters (the Hague Convention 2019 or the Convention) between the European Union member - Read More...
New era in the Cyprus arbitration regulatory framework
The institution of arbitration, as an alternative means of dispute resolution, is heading towards substantial reform following a relevant draft bill by the Ministry of Justice and Public Order, with the adaptation of the legislation - Read More...
Enhancing global legal cooperation: Special Commission on the HCCH Service, Evidence and Access to Justice Conventions
The HCCH Special Commission on the practical operation of the 1965 Service, 1970 Evidence and 1980 Access to Justice Conventions took place recently in the Hague. “The Special Commission meeting reviewed the Service, Evidence, and - Read More...
Parliament has passed the new framework for credit managers and credit purchasers to align with European Directive 2021/2167
By a majority vote, Parliament has enacted a legislative package to align national law with European Directive 2021/2167, which establishes a unified framework for credit servicers and purchasers. The legislation aims to facilitate the creation - Read More...
Judicial Proceedings via Videoconferencing: Practices and Proposals
Our Partner and President of the Reform and Civil Procedure Rules Committee of the CBA, Nicolas Kyriakides, expertly moderated the discussion alongside Secretary of the Committee, Ms. Constantina Zantira. The session addressed current practices, the - Read More...
Guidance from the Cyprus Court of Appeal on interim injunctions involving fraud allegations
A recent ruling by the Cyprus Court of Appeal provides key insights into the standards required for granting such injunctions, especially where fraud and conspiracy are alleged.
EU Justice Scoreboard 2024: Cypriot Justice Remains at the Bottom of Europe
Despite Cyprus’ legislative efforts to enhance its judicial system, Cyprus remains behind other EU countries in the number and scope of adopted measures, leading to the lowest overall performance within the European Union.
The Place of Alternative Dispute Resolution in the New Cypriot Civil Justice System
Our partner, Nicolas Kyriakides, has co-authored a paper that has been published in the International Journal of Procedural Law (vol 13/2023/02) entitled The Place of Alternative Dispute Resolution in the New Cypriot Civil Justice System.
By Nicolas Kyriakides
Supreme Court Directive on adjudication of claims related to credit facilities
The Supreme Court issued a directive on July 26, 2024, stating that for cases arising from or related to credit facilities, a relevant notice must be submitted to the registry of the court where the - Read More...
Judgment of the Court of Appeal regarding trapped buyers
The judgment addresses whether the decision of the Director of the Land Registry to transfer the property in the name of a trapped buyer and release the mortgage is consistent with the Constitution.
Judgment of the Court of Appeal regarding the amount due and interest on Notice type IA
The judgment deals with the content of Notice type IA in relation to the specification of the amount due and the interest.