The implementation of eJustice represents a monumental shift in Cyprus's civil justice system, moving away from conventional paper-based procedures towards a modern online platform.
In a global effort to enhance transparency and combat money laundering and terrorist financing, jurisdictions around the world are implementing measures to identify and record beneficial ownership of entities.
In a welcome and much anticipated interpretation of Cyprus law, the Cyprus Administrative Court has clarified that in proceedings before the Tender Review Authority (the TRA) where the remedies sought include the grant of an order for rendering ineffective a signed contract between the contracting authority and a successful tenderer, such successful tenderer has the right to participate and be heard in the course of the TRA proceedings.
On the 13th of December 2023, after months of intense negotiations between the European Commission (EC), European Parliament (EP) and EU governments (Council) on sweeping reforms to EU rules on anti-money laundering and countering the financing of terrorism (AML/CFT) reached a provisional agreement on creating a new European authority for countering money laundering and financing of terrorism (AMLA). The centrepiece of the anti-money laundering package, which aims to protect EU citizens and the EU's financial system against money laundering and terrorist financing.
The Cyprus Bar Association has just published the December 2023 Issue of Nomiko Vima. In this issue, our partner Nicolas Kyriakides and Georgia Onoufriou talk about the law regulating lobbying in Cyprus which will enter into force in early 2024 and compare lobbying regulations in the US, the UK, the EU, Germany, France, Greece, and Cyprus.
Follow us
1 Kinyra Street, 5th floor
1102 Nicosia
115 Faneromenis Avenue,
Antouanettas Building
6031 Larnaca
12 Platonos Street,
3027 Limassol
4 Nicou Nicolaidi & Kinyra,
2nd floor, 8011 Paphos
164A Georgiou Gourounia,
1st floor, 5289 Paralimni