In a long-anticipated move aimed at attracting and retaining highly skilled employees of Companies of Foreign Interests, Cyprus amends the Civil Registry Law 141(I)/2002.
Each year, on the same significant date, we observe Data Protection Day, commemorating the anniversary of the opening for signature of Convention 108, a pivotal global agreement on data protection.
Distributed ledger technology has propelled crypto-assets into a central position within financial markets. These digital representations of value hold immense potential benefits for various market participants, particularly retail crypto-asset holders. The streamlined capital-raising processes and enhanced competition associated with crypto-assets could revolutionise financing, especially for small and medium-sized enterprises (SMEs). The innovative aspects extend to faster and more efficient cross-border payments when crypto-assets are used as a means of payment.
The European Union has implemented its 12th package of financial sanctions against the Russian Federation, effective immediately as of 18 December 2023. This latest set of measures significantly impacts businesses with ties to Russia and includes amendments to existing regulations (EU) 833/2014 and (EU) 269/2014 through Regulations (EU) 2023/2878 and (EU) 2023/2875.
In a globalised marketplace, Cyprus businesses aiming to expand operations across borders require a comprehensive approach to safeguard Cyprus trademarks and intellectual property rights in multiple jurisdictions. Simply put, the protection offered to intellectual property within Cyprus' national borders may prove inadequate for safeguarding a Cyprus business's brand integrity and intellectual assets in its operations outside Cyprus. Therefore, it is crucial for Cyprus businesses to extend their Cyprus trademarks and intellectual property protection into multiple jurisdictions where they currently operate or plan to operate in the future.
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