Cyprus’ AML Law was amended in December 2024, addressing UBO Register compliance with reduced fines, consolidated liabilities, and robust enforcement measures....

Cyprus implements new law banning cash transactions exceeding €10,000 to combat money laundering and enhance financial transparency....

CySEC stops accepting new registrations for Crypto Asset Service Providers (CASPs) ahead of the EU MiCA Regulation coming into force on December 30, 2024. ...

The amendment to the Aliens and Immigration Law, Cap. 105, and the introduction of the EU Blue Card in Cyprus represent a significant step forward in the country's immigration policy....

The Court of Appeal's decision has significant implications for property transactions in Cyprus, emphasising the need for due diligence and legal safeguards. Prospective buyers must remain vigilant and well-informed to protect their investments....

The rapid advancement of artificial intelligence (AI) has brought about significant legal challenges, particularly in the realm of intellectual property. A recent landmark decision by a Czech court has set a precedent in Europe by ruling that AI-generated works cannot...

The case, rooted in allegations of facilitating illegal gambling through its virtual currency, Robux, not only tests the legal frameworks governing digital platforms in the U.S. but also offers a lens through which similar platforms could be scrutinised in jurisdictions...

After 12 years, the €350 annual fee imposed on companies in Cyprus in 2011 is being abolished....

The updated Double Tax Treaty (DTT) between Cyprus and France, signed on 11 December 2023, represents a development in the tax relationship between the two countries. This new agreement supersedes the previous treaty from 1981, reflecting contemporary international tax standards...

Comprehensive amendments aimed at bolstering the regulatory framework governing the sale of immovable properties, particularly those encumbered by existing mortgages....