Decoding eIDAS
In an ever-evolving digital age, the eIDAS (electronic Identification Authentication and Trust Services) Regulation provides a framework for secure electronic transactions across the European Union (EU).
Read more
View allArticles 2022Articles 2023Articles 2024CorporateCorporate M&A and Deals AdvisoryCrypto Asset Service ProviderCyprus Alternative Investment Funds (AIF)Cyprus Investment Firm (CIF)Cyprus UCITS Management CompaniesElectronic Money InstitutionsFinancial ServicesInsolvencyNewsOther ServicesPayment InstitutionsTech Services
MiCA CASP License in Cyprus – CySEC announces acceptance of applications
The Cyprus Securities and Exchange Commission (CySEC) has announced on 13 November 2024, that it now accepts applications for a preliminary assessment under the EU’s Markets in Crypto-Assets Regulation (MiCA).
The EU Digital Services Act – Overview of Key Obligations
As digital platforms, such as e-commerce sites, social media networks, and digital applications continue to shape commerce, information, and communication in Europe, the need for regulatory clarity and a coordinated approach has become increasingly vital.
Exploring the EU AI Act
The Artificial Intelligence (AI) Act entered into force on 1 August 2024 and will be broadly applicable after two years, following a phased implementation process.
Mergers & Acquisitions in Cyprus: Practical Law Global Guide
Mergers & Acquisitions in Cyprus: Practical Law Global Guide We are pleased to have contributed to Practical Law Global, the Cyprus part of the Private M&A Global Guide (Private Mergers and Acquisitions in Cyprus: Overview). The guide provides an overview of key legal and deal structuring issues relating to private M&A transactions in Cyprus, including as…
Structuring M&A Deals – Protecting the Seller’s Earnout Post-Acquisition
Earnouts, while offering the potential for additional compensation based on future performance, they also introduce a layer of uncertainty and risk for sellers.
The Impact of MiCA on Cross-Border Operations for Non-EU Crypto Businesses
The world of cryptocurrency and blockchain technology knows no borders. As crypto markets continue to expand globally, they attract a growing number of businesses offering a wide range of services.
Private M&A Cyprus Comparative Guide
We’re pleased to be the authors of the Cyprus law chapter in Mondaq’s Comparative Guide on Private Mergers & Acquisitions.
MiCA and the Cyprus Crypto-Assets Legal Framework
The EU Council which represents all 27 EU member states, has unanimously approved earlier this month the Markets in Crypto-Assets Regulation (MiCA).
Why is the Cyprus Share Pledge an Excellent Type of Security?
Cyprus companies are frequently parties to financing transactions either as borrowers or guarantors. For this reason, it is often the case that the shares in the share capital of such Cyprus companies are being placed as security to secure the loan obligations.
The Importance of the SEC v Ripple Case
In late 2020, the US Securities and Exchange Commission (SEC) charged Ripple, a San Francisco-based company that offers a cross-border payment infrastructure, and two of its executives, with conducting an unregistered securities offering of $1.3bn by selling their cryptocurrency XRP.
Can a “Reverse Merger” Be Made Under Cyprus Law?
The term “reverse merger” refers to a reorganisation whereby a subsidiary company absorbs the assets and liabilities of its parent holding company.
Merger or Liquidation? Practical comparison under Cyprus Law
We are often approached by clients who wish to simplify their corporate structures, with the question whether it is best to opt for a merger between their group companies, or the liquidation of companies which no longer they wish to keep alive.
Cyprus and the FTX collapse – Safeguarding of Clients’ Funds
The FTX bankruptcy filings caused a chain reaction across regulators and supervisory bodies across the globe, with Cyprus being no exception. On 11/11/2022 the Cyprus Securities and Exchange Commission (CySEC) announced that the license of the Cyprus Investment Firm FTX (EU) Ltd with number 273/15, is suspended in whole, due to suspicions of alleged violations…
Cyprus Insolvency Procedures
The Legal Framework Insolvency matters in Cyprus are governed by the Bankruptcy Law Cap.5, which deals with the bankruptcy of natural persons, and the Companies Law Cap.113, supplemented by the Companies (Winding Up) Rules and certain provisions of the Bankruptcy Law which regulate the insolvency of legal persons. In 2015 the Cypriot Insolvency Law has…
Private Mergers and Acquisitions in Cyprus: Overview
Q&A guide to private mergers and acquisitions law in Cyprus The Q&A gives an overview of key issues including corporate entities and acquisition methods, preliminary agreements, main documents, warranties and indemnities, acquisition financing, signing and closing, tax, employees, pensions, competition, and environmental issues. Private Mergers and Acquisitions in Cyprus: Overview Read the complete guide here……
Why is Cyprus a top location for founders to set-up
Owners of successful businesses sometimes like to exaggerate with extravagant lifestyles. Santa Clara mansions, private Hawaii islands, Bugattis and Lamborghinis, private yachts, submarines and jets it is not unusual to see them posted on TikTok. There are however also, down to earth successful founders and company owners, who prefer to maintain a lower profile and…
Headquartering or Setting Up a Base in Cyprus
Cyprus registered companies can employ third country (non-EU) nationals to work and live in Cyprus, under a fast-track scheme, if certain basic requirements are met. The new “Cyprus Foreign Interest Companies” scheme adopted by the Cyprus Government, under which Cypriot registered companies owned by foreign shareholders, may employ in Cyprus third country (non-EU) employees, in…
Smart Contracts and the New Reality
New market and new reality In front of the heavy bookshelves of the city’s law offices that store hard copies of the All-England Law Reports since 1890 to date, lawyers are talking with young people, clients and experts, about science-fiction computer-geek terms like “blocks” and “distributed” and “permissioned ledgers”, “hashing” and “mining”, “full” and “half…