Cyprus enacts the 5th Anti Money Laundering Directive Introducing Crypto Assets
07 April 2021
The enactment of the 5th Anti Money Laundering Directive via amendment of Law 188(I)/2007 constitutes the introduction of mandatory crypto assets regulation in Cyprus.
Read More
The Quincecare Duty: A narrower scope of Application
24 February 2021
The Quincecare duty is applied in United Kingdom since case Barclays Bank plc v Quincecare [1992] 4 All ER 363, issued back in 1992.
Read More19 January 2021
As the second phase of the pandemic started to affect our country and the implementation of additional measures by the Cypriot Government to end it, the need for a new moratorium to protect certain categories of debtors arose.
Read More18 January 2021
On 17.12.2020, the Parliament adopted the amendment of the Transfer and Mortgage of Property.
Harris Kyriakides LLC contributes to Commercial Law Review
16 July 2020
Our Associate Mr Christos Stroppos contributed to the Commercial Law Review as a co-author of a brief overview on the legal framework regulating the provision of electronic money services in the Republic of Cyprus.
Read MoreAmendment of the Finance Leasing Law
15 June 2020
On 05/06/2020, the Parliament adopted the amendment of the Finance Leasing Law of 2016 (72(I)/2016) (the "Law") with 29 votes in favor, 14 against and 2 abstentions.
Read MoreAmendments to the Transfer and Mortgage of Property Law N.9/65
05 June 2020
On 02/08/2019, the Parliament has passed the Transfer and Mortgage of Property (Amending) (No. 4) Law of 2019, however, the President of the Republic of Cyprus has referred the law to the Supreme Court to determine its compatibility with Constitution.
Read MoreRetrospective submission of a contract of sale
02 June 2020
On 8 May, 2020, the Supreme Court of Cyprus delivered its much-awaited judgement in the context of the appeal 68/19 (Appeal), granting leave for the submission of an application for the issuance of a Certiorari, a prerogative writ.
Read MoreCyprus publishes draft legislation for transposing DAC6
07 April 2020
The Republic of Cyprus has published draft legislation to transpose Directive 2018/822/EU on mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC6).
Read MorePreparation of audited Financial Statements by individuals
21 August 2018
Read MoreReduction of the cheques validity period duration
09 July 2018
Read MoreThe United Kingdom's stance to the recently introduced European Account Preservation Order
20 January 2016
Read MoreHarris Kyriakides LLC advises financial instutions and borrowers on a variety of corporate matters pertaining to banking and finance law. Our clients include major commercial banks, co-operative societies, investment companies and security providers.
Our practice includes negotiation, documentation and execution of credit facilities, documentation and enforcement of security (mortgages and charges), indemnities and guarantees, factoring transactions, leasing transactions, hire-pucrhase transactions, inter-creditor agreements, international trade finance (letters of credit and other negotiable instruments), corporate refinancing and restructuring, project and construction finance and other.
We also act on behalf of several local and overseas institutions in litigation related to banking and financial disputes.
Follow us