Dr. Marina Himoni The above law has been the subject of amendment in December 2023 with the Sale of Land (Specific Performance) (Amending) Law of 2023 (L. 132(I) of 2023) which was published in the Official Gazette of the Republic of Cyprus on 12 December 2023. The Amending Law of 2023 is read together with the…
Court of Appeal cancelling non solicitation & disclosure injunction – reference made to the so-called Springboard Injunctions Dr. Marina Himoni The Plaintiff/Applicant has secured the issuance of non-solicitation and disclosure orders on an ex-parte basis and subsequently the orders were made absolute upon hearing. Our Law Firm has successfully appealed, on behalf of the Defendants/Respondents,…
The law firm of P.N. Kourtellos & Associates LLC, being in its second decade from its incorporation, is evolving and getting stronger. With the present, it announces the promotion of two lawyers from the law firm’s team, to Partners-Directors, thereby recognizing their ethos, upward professional development as well as their contribution to the law firm….
Dr. Marina Himoni The Cyprus Securities and Exchange Commission (CySEC) has announced on 13 May 2022 that the online platform for the Cyprus Beneficial Ownership Register of Express Trusts and Similar Legal Arrangements (“CyTBOR”) will be accessible to trustees as of 17/05/2022 and for all involved parties as of 17/06/2022. The creation and establishment of…
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Dr. Marina Himoni The Council Directive (EU) 2018/822 on Mandatory Exchange of Information in the field of Taxation (“The Directive”) amends the Council Directive (EU) 2011/16. The Directive has been transposed in the Republic of Cyprus on the 31st of March 2021 with the publication of the Law on Administrative Cooperation in the Field of…
Dr. Marina Himoni The Cyprus Securities and Exchange Commission, widely known as CySec, (hereinafter “CySec”), constitutes the competent independent authority in Cyprus for the maintenance and operation of the Trusts Ultimate Beneficial Owner (“UBO”) Registry which became mandatory for all European Member States through the transposition of the 5th Anti – Money Laundering Directive (“the…
The Register of Lawyers able to affirm oath by a third party – A real change to the status quo? Dr. Marina Himoni The Oaths (Amending) Law of 2021 has been published in the Official Gazette of the Republic on 26th of February 2021. With the provisions of the new Law (14(I)/2021) and in particular…
Click here to download the article in PDF format
Click here to download the article in PDF format
