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LEGAL UPDATES
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06.07.2015
The “Administrative Cooperation in the Field of Taxation (Amendment) Law of 2015”
Taxation Law

The Administrative Cooperation in the Field of Taxation Law, 205 of 2012, was amended for purposes of better regulation in line with EU Directive 2011/16.

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22.06.2015
The “Alternative Investment Funds Managers (Amendment) (No2) Law of 2015”
Banking and Secured Financing, European Union Law
An amendment of the Alternative Investment Funds Managers (AIFMs) Law, 56(I)/2013, aiming at harmonising Cyprus legislation with certain provisions of the EU Directive 2014/65 was recently approved by the Parliament. read more
12.06.2015
Amendments to the Department of Land and Surveys (Fees and Charges) Law and the Stamp Duty Law provide for the abolition of fees in certain cases
Real Estate Law
On 11 June 2015 the Cyprus Parliament approved amendments to the Department of Land and Surveys (Fees and Charges) Law (Cap.219) and the Stamp Duty Law (19/1963) providing for the abolition of fees in certain cases.
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08.06.2015
The 4th Anti-Money Laundering Directive published in the official Gazette of the EU
Banking and Secured Financing, European Union Law, Trusts, Wills and Succession

The new Anti-Money Laundering Directive (2015/849) of 20 May 2015, was published on 5 June 2015, in the official Gazette of the E.U. The Directive aims to prevent and combat money laundering and terrorist financing, and further develops the 3rd Anti-Money Laundering Directive, taking into account the revised Financial Action Task Force (FATF) Recommendations.

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03.06.2015
Favourable judgment issued by the European Court of Human Rights
European Union Law, Human Rights Law

Our firm is most pleased to report that the European Court of Human Rights, in Strasbourg, has issued a favorable judgment in the context of the Application No. 13320/02 (In the case of Kyriacou Tsiakkourmas and Others v. Turkey), which was brought before the Court by our firm and another law firm operating in Nicosia, on behalf of 13 Greek-Cypriot nationals.

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