Procedures for the receipt of reports of infringement of Regulation (EU) No. 596/2014 on market abuse
We would like to draw your attention to the Circular C488 (the “Circular”) issued by the Cyprus Securities and Exchange Commission (the “CySEC” of the...
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Supervisory briefing in relation to firms using tied agents in the MiFID II framework
A. INTRODUCTION In accordance with the Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a...
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Andria Papageorgiou Law Firm awarded by The Lawyers Global Awards 2021
It is with great pleasure to announce that Andria Papageorgiou Law Firm has been awarded as an Outstanding Law Firm, within the regions of Europe, Eastern...
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Directors’ duties under Cyprus Law
A. INTRODUCTION The board of directors of a Cyprus company is the administrative body responsible for the day-to-day management of the company....
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Registration of the Ultimate Beneficial Owner(s) (“UBOs”) to the Registrar of Companies
The Department of the Registrar of Companies and Official Receiver, has been appointed as the Competent Authority for the operation of the Registration of...
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Circular C475: Sanctions Imposed by the Office of Foreign Assets Control (“OFAC”) of the U.S. Treasury Department
With Circular C475 and on continuation to the Circulars C266 and C337, CySEC draws your attention to the continuously updated list of the latest U.S....
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New Incentive Scheme To Be Launched To Attract High Tech Companies
Cyprus Government presented recently a new proposal for the attraction of businesses and digital nomads, placing an emphasis on domains related to...
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Legal Opinions For Financial Institutions
Legal opinion is a piece of professional legal advice on a specific subject. Lawyers have an exclusive right to prepare such a document at the request of...
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Shareholders’ Agreements
A. Introduction: Under the Cyprus Companies Law, Cap 113 (hereinafter the ''Law''), all private limited Companies are required to adopt articles of...
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Cyprus Visas and Permits
A. Introduction All non-EU citizens who wish to enter the territory of the Republic of Cyprus have various options of visas, including the short-stay visa,...
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Benefits of doing business in Cyprus in 2021
A. Introduction Cyprus has a modern, free-market, service-based economy giving international investors and domestic businesses confidence to invest, grow...
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Employment and Labour Law in Cyprus
A. Introduction Cyprus Employment Law is a combination of common laws and statutes that govern the relationship between an employer and employee. Since...
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