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05.12.2014
The Investment Services and Activities and Regulated Market (Amendment) Law of 2014
Банковское дело и обеспеченное финансирование, Законодательство ЕС

On December 4, the Investment Services Law, 144(I)/2007, was amended for purposes of harmonisation with EU Directive 2013/36 “on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms”, and EU Regulation 576/2013 “on prudential requirements for credit institutions and investment firms”.

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04.12.2014
CYPRUS – USA Intergovernmental Agreement on FATCA implementation
Налоговое право

On 2 December 2014, Cyprus signed a Model 1 Intergovernmental Agreement (IGA) with the US government on the implementation of the Foreign Accounts Tax Compliance Act (FATCA).

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14.11.2014
Cyprus - Iceland double tax treaty enters into force
Налоговое право

On 13 November 2014, Cyprus signed and ratified a Treaty for the avoidance of Double Taxation with Iceland, with respect to Taxes on Income.

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14.10.2014
Cyprus-Lithuania double tax treaty enters into force
Налоговое право

On 21 June 2013, Cyprus signed and ratified a bilateral Agreement for the avoidance of double taxation with Lithuania, the provisions of which generally apply from 1 January 2015. The Agreement will enhance the development of trade and economic relations between Cyprus, Lithuania and other countries.

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14.10.2014
Cyprus-Norway double tax treaty enters into force
Налоговое право

On 24 February 2014, Cyprus signed and ratified a bilateral Agreement for the avoidance of double taxation with Norway, which replaces the old Treaty between Norway and the UK that had been extended to Cyprus. The provisions of the new Treaty generally apply from 1 January 2015. The Agreement will enhance the development of trade and economic relations between Cyprus, Norway and other countries.

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