Insights
Insightful Perspectives with Meaningful Impact
New EU rules and reporting requirements on Emissions Trading System in the Aviation sector
The new Aviation Emissions Amending Directive (2023) will introduce new rules and reporting requirements on the Emissions Trading System in the Aviation sector, with potential effects on airline operators that provide transport and logistics services - Read More...
Model European Rules of Civil Procedure
The ELI and UNIDROIT convened a pivotal Dissemination Conference at the Austrian Academy of Sciences in Vienna on February 5 and 6, 2024. The event spotlighted the enduring significance of the ELI-UNIDROIT Model European Rules - 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.
International Conference Explores Conservatory Measures (Interim Injunctions) in Cypriot and Greek Law
Legal scholars and practitioners gathered on 22 April 2024 for an insightful online conference titled “Conservatory Measures (Interim Injunctions) In Cypriot and Greek Law.” Hosted by the Aristotle University of Thessaloniki, the event delved into - Read More...
32nd European Spring Conference of Data Protection Authorities
Our partner Eleni Neoptolemou was invited to attend the open day of the 32nd European Spring Conference of Data Protection Authorities hosted by the Data State Inspectorate of Latvia in Riga. The conference discussed AML - Read More...
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...
1 May 2024 – First deadline for new reporting requirements relating to outgoing transfers by Russian-owned entities
In response to the need for heightened oversight of financial transactions involving entities associated with Russia, a new regulation, Article 5r, has been enacted. Effective as of May 1, 2024, this regulation imposes reporting obligations - Read More...
Cyprus companies mandated to include contractual prohibitions for re-exports to Russia
As part of its ongoing efforts to strengthen sanctions against Russia and prevent the circumvention of export bans, the EU has introduced legal provisions, such as the ‘no re-export to Russia’ clause, effective as of - Read More...
Cyprus Commissioner for Personal Data Protection issues a notice regarding direct marketing communications
In light of increased complaints regarding unsolicited SMS and email advertising messages, the Cyprus Commissioner for Personal Data Protection (the Commissioner) affirms the legal requirements for businesses engaging in direct marketing communication.
Cyprus implements restrictions on Apostille for documents involving sanctioned companies or companies with Russian interests
Cyprus is a signatory to and has ratified the Convention Abolishing the Requirement of Legalization for Foreign Public Documents (the Hague Convention of 5 October 1961). Under this Convention, legal public documents issued by the Government of - Read More...
Cyprus Department of Registrar of Companies issues practice direction on the final solution of the Register of Beneficial Owners
The Department of Registrar of Companies in Cyprus has recently issued a practice direction, providing detailed information on the entries that Cyprus entities need to make for complying with the final database solution that accommodates - Read More...
The Lobbying Law Enters into Force in Cyprus
In the complex interplay of politics and power, lobbying stands as a critical, yet often misunderstood, mechanism shaping legislation and reform across the globe. From the halls of the European Union, where financial lobbyists have - Read More...