Legacy archive of Andreas Neocleous & Co LLC
Archive
News from the archive of Andreas Neocleous & Co LLC.
The Cyprus Securities and Exchange Commission (“CySEC”) has issued instructions to Alternative Investment Fund Managers (“AIFMs”) that it regulates regarding fulfilment of their reporting obligations under the Alternative Investment Fund…
Read moreThe Cyprus Securities and Exchange Commission (“CySEC”) has issued advance notice to all the entities it regulates that it will shortly be carrying out its 2015 assessment under its Risk Based Supervision Framework. All entities, including…
Read moreAndreas Neocleous & Co LLC was again recognised at the prestigious Citywealth International Financial Centre Awards 2016 on 20th January, where the firm was runner up in the Mediterranean Law Firm of the Year award, competing against law…
Read moreThe Cyprus Securities and Exchange Commission (“CySEC”) has issued a circular to entities it regulates regarding changes of name. It makes clear that the name of an entity must not be misleading, but should reflect the type of services the…
Read moreLaw 89(I) of 2015, which made a number of amendments to the Companies Law aimed at streamlining registration procedures and improving companies’ compliance with their reporting obligations, included new provisions regarding the date on…
Read more“Phileleftheros” is the longest-established Greek-language daily newspaper in Cyprus and also the largest in terms of circulation. In a media environment otherwise dominated by political parties, it has a reputation for independence and…
Read moreCyprus has achieved a considerable improvement in the ease of doing business, according to the World Bank’s “Doing Business Report 2016”. The report compares the ease of doing business in 189 countries on the basis of quantitative…
Read moreIn December 2015 the Cyprus tax laws were amended to temporarily exempt loan restructurings from tax in order to facilitate and encourage the restructuring of non-performing loans. The amendments affect the Income Tax Law, the Capital…
Read moreThe Cyprus Securities and Exchange Commission ("CySEC") has recently issued a reminder regarding the renewal of registrations in the Public Register of Certified Persons of employees of regulated investment firms, credit institutions…
Read moreThe Cyprus Securities and Exchange Commission (“CySEC”) has issued a Directive setting out the procedures to be followed for delisting of securities from the Cyprus Stock Exchange (“CSE”) on application by the investee. It applies to…
Read moreIn July 2015 the Cyprus government introduced a notional interest deduction (“NID”) on new equity capital (paid-up share capital and share premium) injected into companies and permanent establishments of foreign companies on or after 1…
Read moreIn December 2015 the Ministry of Finance issued a Decree implementing the Organisation of Economic Cooperation and Development’s Common Reporting Standard (‘’CRS’’) and the Multilateral Competent Authority Agreement on the Automatic…
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