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LEGAL UPDATES
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09.09.2013
New legislation pertaining to the preconditions for the second instalment of the Cyprus bailout loan
Banking and Secured Financing, Corporate and Commercial Law, Real Estate Law, Trusts, Wills and Succession
On 5 September, the Cyprus Parliament approved a number of laws that were a precondition for the second installment (EUR 1.5 billion) of the bailout loan. read more
02.08.2013
Bank of Cyprus: Recapitalisation and exit from resolution
Banking and Secured Financing
The Ministry of Finance and the Central Bank of Cyprus announce that the Bank of Cyprus (BoC) has been fully recapitalised today by the overall conversion of 47,5% of  uninsured deposits into shares in the bank, thus putting an end to a period of uncertainty. This is the final stage of the bank’s resolution process and there will be no further  measures under the Resolution Law.  
read more
08.07.2013
Cyprus - Ukraine new Double Tax Treaty
Taxation Law
Cyprus and Ukraine new double tax treaty will come into force on 1 January 2014 to replace the Cyprus – USSR double tax treaty read more
02.07.2013
The Transparency Requirements (Securities admitted to Trading on a Regulated Market) (Amending) Law of 2013
01.07.2013
Extension of deadline for payment of annual fee for Companies registered under the Cyprus Registrar of Companies: new deadline 31 July 2013
Corporate and Commercial Law
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