Publications

April 02, 2014

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

March 28, 2014

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

February 21, 2014

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

January 11, 2014

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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Cyprus reduces the threshold for approving Schemes of Arrangement to simple majority