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Advisory
AI and Blockchain: How they affect businesses worldwide

Dec 10, 2019

Team Darkpony

Recently, Artificial Intelligence (AI) and Blockchain became two highly discussed disruptive technologies in the business world.

Blockchain can nowadays be used for various applications such as tracking ownership, documents, digital assets or in some cases, voting rights. On the other hand, AI acts as the “engine of the brain” that results to analytics and decision making, using data collected.

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Advisory
Procedure for valuation of the mortgaged property

Dec 10, 2019

Hadjipetrou Lefteris

The procedure of valuation of the mortgage property begins when the borrower, the mortgagor and all the parties have received  the letters “Θ” and “ I”.
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Legal
The defamation on Social Media and the recent developments of C 18-18

Dec 06, 2019

Louka Andreas

Due to the interactivity observed on Social Media, ideas and movements can be spread rapidly achieving the quintessence of freedom of expression, making it more likely to violate one’s personality, honour or reputation to such extent that a proportional limitation is necessary.
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Legal
Summary of the decisions 23 and 25-2019

Dec 06, 2019

Louka Andreas

The above decisions concern an application to the Tenders Review Authority against a decision of the Municipality of Nicosia to award the procurement for the supply and replacement 7,295 street lighting fixtures in the territory of the Municipality of Nicosia, to ESCO AHK.

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Corporate
Permanent Residence and Citizenship under Cyprus law

Dec 06, 2019

Petrou Angelika

Cyprus is an island which enjoys an intense Mediterranean climate, offers high standards of living and an attractive and transparent tax regime, compliant with EU, OECD and international laws and regulations. 
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Corporate
A Guidance on Taxation of Intra-Group Financing Transactions

Dec 06, 2019

Latzia Anna

The Cyprus Tax Authorities (the “CTA”) issued on 30 June 2017 a tax circular (the “Circular”) regulating the Transfer Pricing rules in relation to the companies which carry out back-to-back intra-group financing transactions in Cyprus. 
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Advisory
The EU legal mechanisms on bank insolvency and resolution.

Dec 05, 2019

Xiourouppa Despina

After the recent financial crisis, the EU adopted a number of measures to harmonise and improve the tools for dealing with bank crises in its member countries.
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Advisory
The different options available to the mortgaged lender, after a failed attempt of foreclosing the mortgaged property

Dec 04, 2019

Papathoma Maria

According to the ʺThe Immovable Property (Transfer and Mortgage) Law of 1965 (9/1965), part VIA, the mortgaged lender has the right to set an auction for mortgaged property, only if all the requisite by the Law requirements are fulfilled and the process which the Law implies is followed exactly as described.