Insights
Insightful Perspectives with Meaningful Impact
Implementation of the “Pay-As-You-Throw” Scheme in Cyprus by Local Authorities in line with the Polluter Pays principle
In line with the Polluter Pays principle, local authorities in Cyprus have established the “Pay-As-You-Throw” scheme to enhance waste management practices. This initiative follows the Waste (Municipal Waste Management) Regulations 2022, which were adopted to - Read More...
Injunctions suspending demands on performance bonds and bank guarantees
Performance bonds and bank guarantees are vital in ensuring smooth commercial operations. They act as safeguards for parties engaged in business, particularly in industries like construction and contracting. These bonds assure that obligations will be - Read More...
Financial charges announced in relation to the Register of Beneficial Owners
The Department of the Registrar of Companies and Intellectual Property (TEEDI) has announced the imposition of financial charges in regard to the Register of Beneficial Owners.
Navigating the Corporate Sustainability Reporting Directive: Implications for Cyprus Companies
On April 21, 2021, the EU Commission announced the adoption of the Corporate Sustainability Reporting Directive (the CSRD) in line with the commitment made under the European Green Deal. The CSRD will amend the existing - Read More...
GBCY International Investment Conference 2024
Our associate, Munevver Kasif, addressed the attendees of the GBCY International Investment Conference 2024, on the recent challenges faced in the maritime sector in Cyprus explaining how Cyprus remains an international maritime and ship management - Read More...
Climate justice in Strasburg – First successful climate case by a decision of the European Court of Human Rights
The European Court of Human Rights (ECHR) ruled on April 9, 2024, in the case Verein KlimaSeniorinnen Schweiz and Others v. Switzerland (application no. 53600/20) that the Swiss government’s failure to take adequate measures to - Read More...
New bill for the release of assets from MEMOs
On April 4th, 2024, a bill was submitted to the Cyprus Parliament aiming to relief thousands of borrowers and guarantors whose assets are encumbered by MEMOs.
Cyprus Introduces National Solidarity Fund Replenishment Scheme
The Ministry of Finance has recently unveiled an initiative aimed at aiding individuals and entities impacted by the 2013 banking crisis in Cyprus.
The March 2024 Issue of the Accountancy Cyprus
The March 2024 Issue of the Accountancy Cyprus is now available. In this issue, our partner Nicolas Kyriakides wrote an article on the “Benefits and Challenges in Implementing Lobbying Legislation”
By Nicolas Kyriakides
14th Nicosia Economic Congress
Our partner, Nicolas Kyriakides, participated in the round table discussion, “Business leaders discuss the course of the economy and the future of entrepreneurship” at the 14th Nicosia Economic Congress. The panellists delved into the challenges - Read More...
The Law of the Establishment and Operation of a Single Agency for the Out-of-Court Settlement of Financial Disputes (Amending Law of 2023)
With the amendment of the Law relating to the Establishment and Operation of a Single Agency for the Out-of-Court Settlement of Financial Disputes, the powers of the Financial Ombudsman for the out-of-court settlement of disputes - Read More...
14th Nicosia Economic Congress
Harris Kyriakides is pleased to sponsor and participate in the 14th Nicosia Economic Congress for the third consecutive year, taking place on Tuesday, 9 April 2024. For the 14th year in a row, the Nicosia - Read More...