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In August 2014, the shareholders of FBME Bank filed a request for international arbitration against the Republic of Cyprus at the International Chamber of Commerce (ICC). FBME Bank was established in ...
An accelerated and simplified procedure for granting Immigration Permits to third country nationals that intend to invest in Cyprus is now available, following certain amendments to the legislation.
On 18 July 2014, a United Nations Commission on International Trade Law (UNCITRAL) arbitral tribunal seated in The Hague under the auspices of the Permanent Court of Arbitration (PCA) rendered in Hulley ...
Arbitration proceedings, both domestic and international, are becoming increasingly popular in Cyprus. This is not surprising, as Cyprus was and continues to be a well established international business ...
Data protection legislation, which is considered an important component of EU privacy and human rights law, aims to protect the rights and freedoms of persons when data are processed (regardless of whether ...
Back in the year 2001, Cyprus implemented the Law «Regulating the Terms in relation to Credit Agreements for Consumers», in order to be in compliance with the EU legal framework at that time.
A very welcome new legislation has been recently enacted by the House of Parliament. Namely, the Law on Combating Late Payment in Commercial Transactions transposes Directive 2011/7/EU into national law. ...
Enhancing its strong and long-lasting relationship with various business people around the world, recent amendment to the laws – explicitly directed towards entrepreneurs with significant value of assets ...
Cyprus is considered as an important destination for foreign investors and business people mostly due to its well established legal system which is based on common law, favourable tax regime, membership ...