Dear Members, What can we say about Closing the Year as Your Association? In hindsight, one can only look at 2022 with a bit of cynicism. This was supposed to be a year where COVID-19 would end and there would be a semblance of normality. Instead, we landed into the greatest geopolitical challenge that we […]
The European Council adopted today a ninth package of new measures intended to step up pressure on Russia and its government in view of the ongoing aggression. The full statement can be accessed here . Centering on the operational impact the following are emphasized: · Export controls and restrictions Today’s decision imposes new export controls […]
Read MoreEU adopts 9th package of economic and individual sanctions against Russia
FOR MORE INFORMATION ON QUBE FOR MORE INFORMATION ON THE ASPEN GROUP Consulco opens its Limassol office. Consulco, the investment manager with offices in London, Dubai, Moscow and Nicosia, established its newest office in Limassol. The office is centrally located at 18 Evagora Papachristoforou Street, parallel to Makarios Avenue, near the town’s municipal park. The firm’s Limassol […]
CIBA Announcement dated 9th December 2022 CIBA would like to inform, with the aid of the legal consultants of CIBA, the Law Office of L. PAPAPHILIPPOU & CO LLC, its Members regarding the Court of Justice of the European Union (CJEU) Judgement dated 8th December 2022 in Case C‑694/20 Orde van Vlaamse Balies, IG, Belgian Association of Tax […]
The Department of Registrar of Companies and Intellectual Property announces that, following the Judgement of the Court of Justice of the European Union (CJEE) in joined cases C-37/20 and C-601/20, of November 22, 2022, access to the Register of Beneficial Owners for the general public is suspended as of the 23rd of November 2022 here. […]
CIBA would like to thank all the media channels for their publications in relevance to our recent actions to inform stakeholders on developments concerning Public Access to the UBO Registry. A kind appreciation to: Stockwatch, Economy Today (Xenios Mesaritis), Ant1 (Nikolas Kyriakou), Phileleftheros News, Politis News (Yiannis Seitanides), Cyprus News (Demetris Demetriou) & Lemesos Blog […]
On 22nd November 2022, the Court of Justice of the European Union (CJEU) has ruled that the public access to the Ultimate Beneficial Owners’ Registry is illegal as being disproportionate and contrary to the rights of privacy and protection of personal data under Articles 7 and 8 of the Charter of Fundamental Rights of the European […]
GREEK VERSION For decades, an utterly Cypriot phenomenon is to advertise Cyprus as an International Business Center and to demand the strengthening of the services sector which is proven to account for 40% of the country’s GDP. On the other hand, within a few months, and by means of misinterpretations, there have been arguments that […]
