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LEGAL UPDATES
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12.01.2017
Energy Efficiency and Energy Performance Contracting in Cyprus
Energy Law, European Union Law
The European Union has identified Energy Efficiency as a valuable means to address and to tackle the unprecedented challenges resulting from increased dependence on energy imports and the need to limit climate change and to overcome the economic crisis. read more
11.04.2016
The Currency (Counterfeiting and Other Related Matters) (Amendment) Law of 2016
European Union Law
In line with the “EU Directive 2014/62 on the protection of the euro and other currencies against counterfeiting by criminal law”, the Cyprus Parliament approved an amendment to the Currency (Counterfeiting and Other Related Matters) Law. read more
04.03.2016
Amendments to the Law on the Prevention and Suppression of Money Laundering
Banking and Secured Financing, Corporate and Commercial Law, European Union Law

The Law on the Prevention and Suppression of Money Laundering, 188 of 2007, was amended for the purpose of harmonisation with “EU Directive 2014/42, on the freezing and confiscation of instrumentalities and proceeds of crime”. The amendment is also in line with the obligations deriving from the Financial Action Task Force recommendations, as well as the recommendations of the “Egmont Group” international organisation related to the competences of the Unit for Combating Money Laundering (MOKAS). 

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29.07.2015
EU: Protected Designation of Origin status to be granted soon for traditional Cypriot cheese Halloumi
European Union Law, Intellectual Property Law

According to a European Commission representative, the Republic of Cyprus has filed an application for the second time to request grant of PDO status concerning the name «halloumi».

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09.07.2015
The European Economic Interest Grouping (Fees and Charges) (Amendment) Regulations of 2015
European Union Law

The fees and charges on the operations and services included in the Annex of the European Economic Interest Grouping (Fees and Charges) Regulations were revised, following the approval of an amendment that replaces the said Annex.

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