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FBME takes Cyprus to ICC Arbitration

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 ...

Practice Area(s) Dispute Resolution

Acquiring a Permanent Residence Permit in Cyprus

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.

Practice Area(s) Private Client

The Largest International Arbitration Award - Yukos vs Russia

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 ...

Practice Area(s) Dispute Resolution

Domestic and International Arbitration in Cyprus

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 ...

Practice Area(s) Dispute Resolution

Complying with data protection legislation

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 ...

Practice Area(s) Data Protection

Consumer Credit: The harmonisation legislation

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.

Practice Area(s) Private Client,  Banking and Finance

Late payments and SME's: a wind of change?

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. ...

Practice Area(s) Private Client

Acquiring citizenship in Cyprus

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 ...

Practice Area(s) Private Client

Cyprus: An important business and financial centre

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 ...

Practice Area(s) Shipping, Admiralty and Marine Insurance,  Real Estate,  Private Client,  Data Protection,  Corporate and M&A,  Banking and Finance,  Dispute Resolution

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