News

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

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 […]

Read MoreSubject Matter: Court of Justice of the European Union Judgement dated 8th December 2022 invalidating a specific provision of DAC6 regarding Advocates informing other intermediaries

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. […]

Read MoreDepartment of Registrar of Companies and Intellectual Property Announcement- Suspension of access to the Beneficial Owners register for the general public

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 […]

Read MoreCIBA features in news and media due to its actions in relation to legal developments concerning the UBO registry

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 […]

Read MoreCourt of Justice of the European Union Announcement concerning the Illegality under EU law of the Public Access to the UBO Registry