KNOWLEDGE
New EU Directive on improving the gender balance among directors of listed companies and related measures (EU 2022/238): Women on Boards of Listed Companies
Cyprus enhanced its position in gender equality (there has been an increase in women actively involved in politics), having of course considerable room for improvement while laying solid foundations at a socio-political level. A National Action Plan on Gender Equality 2019 – 2023 has been adopted setting various measures aiming the promotion of equal participation in decision-making.
Navigating EU sanctions – overview and predictions for 2023
As the EU sanctions continue to develop and expand, this recent article contributed by our associate Nicolas Makrides presents an overview of the existing regime in place and provides perspectives for some of the future challenges that different stakeholders may be facing up ahead.
The Evolving Cyprus Corporate Tax Landscape
Cyprus has long enjoyed a relatively stable fiscal environment, especially as far as the corporate tax regime is concerned. Changes to the tax code have traditionally been scarce and far between. Changes are however afoot mostly as a result of international developments. In this newsletter, we examine some of the recent changes and also discuss what possibly lies ahead.
Court of Justice (EU) ruling on accessing information of beneficial owners (AML Directive)
On 22 November 2022 the Court of Justice of the European Union (“CJEU”) ruled that the provision of Directive (EU) 2015/849, as amended (“AML (EU)
Introducing the Cyprus Shipping Limited Liability Company (SLLC)
With an attractive location lying just a few miles from the Suez Canal and in the crossroad of the European – African and Asian markets,
The New Cyprus Commercial Court: An “Internationalisation” of Cyprus Civil Justice?
On 2nd June 2022 the Cypriot parliament passed law 69(I)/2022 for the establishment of a Commercial Court and an Admiralty Court (“the Law”). Introduction Many
Competition Clearance in Cyprus – a quick summary
Under Cyprus law, transactions such as mergers and acquisitions resulting in concentrations of major importance which meet the threshold prescribed under the Control of Concentrations Between Undertaking Law 83(I)/2014 (the “Law”) may have to be notified to the Cyprus Commission for the Protection of Competition (“CPC”).
“An Evolving Profession” by Andrew Demetriou, Co-Founder, Managing Director, Ioannides Demetriou LLC
“The days of the lawyer as ‘Jack of all trades’ – and, dare I say it, ‘master of none’ in many cases – are long gone” Andrew Demetriou, Co-Founder, Managing Director, Ioannides Demetriou LLC
