Cyprus Law Blog

The Supreme Court of Cyprus annulled a decision of the Cyprus Securities and Exchange Commission (CySEC) on recourse filed by ASPIS HOLDINGS PUBLIC COMPANY LTD (Aspis). CySEC’s first instance decision imposed an EUR80,000.- fine to the said Company along with suspension of 30% of voting rights for violating legislative obligations in relation to a public [...]

The launch of the Cyprus International Arbitration Centre (CIAC) has been announced recently, a new arbitration centre that will handle domestic and international arbitrations under either its own Arbitration Rules or the UNCITRAL Arbitration Rules. The CIAC is a not-for-profit company that was established by a group of businesses and professionals in Cyprus. The management committee [...]