Award-winning Elias Neocleous & Co LLC is the largest law firm in Cyprus and one of the top law firms in Southeast Europe, with offices located in Limassol, Nicosia, Paphos, Brussels, Budapest, Kiev, and Prague. We deliver a top tier value-added service and strategic solutions to global clients operating in key industries worldwide. We have deep expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines.
We are dedicated to diversity in recruitment and to retaining experienced specialists in every practice area. Combined with our investment in IT and knowledge management infrastructure, this means we can tackle the largest and most demanding national and cross-border assignments. Elias Neocleous and Co LLC is professional, responsive, innovative, and represents the legal practice of the future.
Elias Neocleous & Co LLC is pleased to announce its achievement of ISO/IEC 27001:2022 certification for Information Security Management. This significant accomplishment reflects the firm’s dedication to maintaining rigorous standards for data protection, client confidentiality, and resilience against emerging cyber threats.
Read full articleIn an article by Athina Evagorou, an Associate at our firm, it was noted that in October 2024, Cyprus enacted Law 116(I)/2024 on the Prevention of the Dissemination of Terrorist Content Online, aligning with EU Regulation 2021/784. The Law aims to curb the spread of terrorist content online to enhance public safety and security. It applies to all hosting service providers operating in Cyprus, mandating cooperation with EU member states.
Read full articleIn an article published in the Solicitors Journal, Athina Evagorou, Associate at our firm, highlights that the promotion of gender equality is crucial for societal and economic development, requiring equal participation of men and women in decision-making, free from stereotypes. The Commissioner for Gender Equality and Related Matters Law of 2024 in Cyprus aims to strengthen equal rights, promote balanced resource distribution, and ensure visibility and participation across public and private sectors. The law mandates the development of a National Strategy and Action Plan, coordination with government bodies, and international representation.
Read full articleIn an insightful interview with Phileleftheros, Anna Demetriou, Partner at Elias Neocleous & Co LLC, reflects on her 30-year career in litigation, discussing the challenges and progress for women in the legal field. Despite facing initial obstacles as a female lawyer, she emphasises the positive shift towards gender equality and the increasing recognition of women’s roles in law.
Read full articleIn our commitment to staying at the forefront of dispute resolution, Partner and Head of the Dispute Resolution department at Elias Neocleous & Co LLC, Chrysanthos Christoforou, recently attended the prestigious Asset Recovery Middle East Conference, held in Dubai from 13–15 October 2024. The conference gathered leading fraud and insolvency practitioners from Europe, the Middle East, and North Africa to share insights and discuss emerging trends in asset recovery.
Read full articleWe are excited to announce that Elias Neocleous & Co LLC will be participating in the 19th NextGen Payments & RegTech Forum, an elite gathering of global key influencers, innovators, strategists, and thought leaders in Payments and RegTec, taking place on 6-7 November at the Four Seasons Hotel in Limassol, Cyprus.
Read full articleIn an interview with Phileleftheros, Andrea Kallis Parparinou, Partner at Elias Neocleous & Co LLC’s Nicosia office, shares insights into her legal career journey, discusses the evolution of Cyprus’s regulatory framework and the role of technology in modernising legal practice, and notes the importance of the appointment of women in influential positions in tech.
Read full articleMergers and acquisitions (M&A) involve complex due diligence processes to identify risks, ensure regulatory compliance, and manage vast amounts of information under tight deadlines. Effective due diligence helps buyers mitigate post-transaction risks by gathering insights into the target company’s operations, legal standing, and potential liabilities. Key strategies include assembling a multidisciplinary team, tailoring the scope of review to the deal’s specific needs, and conducting thorough compliance checks, especially in relation to global sanctions. A well-managed due diligence process not only facilitates smoother transactions but also helps buyers make informed decisions while minimising unnecessary costs and delays.
Read full articleOver the past decade, the rise of cryptocurrencies has led to increased litigation, particularly in cases involving allegations of fraud. A recent decision by the Nicosia District Court in JDH & others v. T Ltd & others highlights the growing number of spurious claims against investment firms, often brought by investors seeking to recover losses from poor investment decisions. In this case, the investors obtained ex parte injunctions against T Ltd, alleging fraud and conspiracy. However, evidence presented by T Ltd revealed that the investors had willingly engaged in cryptocurrency trading and failed to disclose critical facts to the court. The court ultimately criticised the applicants for non-disclosure and stressed the equitable principle that “He who seeks equity must do equity.” This case underscores the importance of full and frank disclosure in applications for injunctive relief and the high standards of good faith required when invoking the court’s equitable jurisdiction.
Read full articleElias Neocleous & Co LLC (ENC) recently took part in the 2024 4th Innovation Fair, organised by the Nanjing Stuttgart Joint Exhibition, which ran from 10-13 September across key cities in China: Wuxi, Nanjing, and Yancheng. The event, attended by high-level dignitaries including the Ambassadors of Cyprus and China, as well as senior European municipal representatives, attracted around 30-40 leading companies from across Europe, all seeking to explore partnership and investment opportunities in China.
Read full articleThe integration of Corporate Social Responsibility (CSR) policies into a business is not only an ethical choice but also a strategic decision that can yield significant long-term benefits. As one of Cyprus’s leading law firms, Elias Neocleous & Co LLC embraces this approach by implementing targeted initiatives aimed at addressing social inequalities, protecting the environment, harnessing technology, and fostering sustainable development and prosperity.
Read full articleWe are pleased to announce the recent publication of the 13th edition of Lexology’s In-Depth ‘Private Wealth and Private Client Review’ (the ‘Review’). This detailed guide offers valuable global perspectives on key legal and practical challenges impacting the management of private client wealth. It covers critical aspects of tax, succession, and wealth structuring frameworks in 25 major jurisdictions, with a spotlight on the latest developments.
Read full articleWe are proud to announce that Elias Neocleous & Co LLC has been recognized as one of the Top 10 Trademark Firms and IP Practices in Cyprus by The Trademark Lawyer Magazine Law Firm Rankings 2024. We are proud to be honoured as an “Award Winning Law Firm 2024” for our outstanding performance in the field of intellectual property and trademark law.
Read full articleElias Neocleous & Co LLC proudly announces its outstanding achievement in the IFLR1000 2024 rankings. The firm has been awarded a Tier 1 ranking in the field of financial and corporate law, affirming its status as a leader in Cyprus’ legal sector. This recognition reinforces our dedication to delivering exceptional legal services and maintaining excellence in an increasingly competitive and dynamic legal environment.
Read full articleWe are pleased to announce that our firm has contributed to the authoritative book Crypto Assets in Trusts and Foundations. This comprehensive work deals with 20 important trust and foundation jurisdictions, covering their respective regulations concerning the holding of crypto assets in wealth management structures.
Read full articleWe are proud to announce the successful completion of the 2024 Summer Internship Program at Elias Neocleous & Co LLC. This year’s program has once again been marked by multidisciplinary learning and growth, with our talented group of 30 interns achieving notable milestones. This year’s cohort, comprised of dynamic graduates and students with diverse academic interests – including aspiring lawyers, accountants, IT specialists, and digital marketing enthusiasts – benefited from the guidance of experienced mentors and legal experts across all areas of our practice.
Read full articleWe are excited to share that Elias Neocleous & Co LLC (ENC) has once again earned a Tier 1 Ranking in three distinguished categories, Tax, Tax Controversy and Transfer Pricing in ITR World Tax Rankings 2025, a leading global guide to top-tier tax firms. Significantly, ENC continues to be the sole firm among Cyprus’ law firms and Big Four accounting firms to achieve recognition across all three categories.
Read full articleWe are incredibly proud to share that for the sixth consecutive year, Elias Neocleous & Co LLC (ENC) has been recognised by India Business Law Journal (IBLJ) as a top foreign law firm for India-related work. This accolade highlights our unique position as the only firm in Cyprus to receive this prestigious honour.
Read full articleThe Cyprus Tax Department has extended both the submission of the Personal Income Tax (Form T.D.1) for the tax year 2023 as well as the settlement of any liability that may arise until 31 October 2024, which is available for submission via the TAXISnet platform. The form should be submitted by all employees, pensioners and self-employed persons for whom the combined total income for 2023 exceeds €19.500 .
Read full articleElias Neocleous & Co LLC is excited to announce that we have just begun welcoming our first cohort of summer interns, a process that will continue until late August 2024. Our ongoing annual Summer Internship Program continues to highlight our dedication to nurturing the next generation of talent and demonstrates our commitment to professionalism and expertise. We are honoured to be the chosen destination for these promising individuals and are committed to providing them with a rich and engaging learning experience.
Read full articleReflect Festival 2024 has wrapped up, but the excitement is still palpable! This year’s event combined energy, information, and compelling stories, showcasing the limitless possibilities through the power of technology and innovation. As a proud silver sponsor of the 7th Reflect Festival, our firm was delighted to support and promote the event’s mission of pushing the boundaries for a more sustainable, digitally focused future.
Read full articleThe capital markets team of Elias Neocleous & Co LLC has successfully assisted Premier Energy PLC in relation to the initial public offering (IPO) and listing on the Bucharest Stock Exchange. This transaction, valued at approximately €482 million, marks the largest IPO on the Bucharest Stock Exchange in the last five years.
Read full articleSenior Associate Vassilis Psyrras proudly participated as a panelist in the “2nd Limassol Boat Show Conference: Cyprus, the New Yachting Hub of the East Med,” organised by Limassol Marina in partnership with Dacor Advertising & Media Ltd. This prestigious conference, part of the 2024 Limassol Boat Show, attracted industry leaders and experts from around the world, offering a dynamic platform for networking, discussion, and collaboration on the future of yachting in the Eastern Mediterranean.
Read full articleFrom 30-31 May, the 7th Reflect Festival, one of Europe’s leading technology and entrepreneurship events, will once more welcome 10k+ guests to experience an exciting line-up of business and networking opportunities, dynamic display booths, interactive events, and a diverse list of renowned speakers who will share actionable insights on topics like AI, edtech, blockchain, cybersecurity, healthtech, deeptech, biotech, renewable energy, future cities, policy making, and more.
Read full articleMortgage foreclosures and the process of auctioning mortgaged properties have been significant concerns for creditors and debtors in Cyprus over the past decade. The auctioning of a mortgaged property traditionally occurs as a consequence of non – payment of the mortgage debt. However, the frequency of auctions has notably increased in Cyprus with the enactment of the amending Law N.142 (I)/2014.
Read full articleKyriacos Xenophontos, TEP, Partner at Elias Neocleous & Co LLC (ENC) and member of the board of STEP Cyprus, together with Adonis Zachariou, STEP Affiliate and Associate at ENC, recently attended the prestigious STEP Cyprus’ annual conference, themed “Reinventing the wheel: The Future of Succession Planning”.
Read full articleCyprus is an attractive relocation destination for EU citizens due to its climate, tax and judicial system, and welcoming culture. A recent article by Konstantinos Kaousliadis, Associate at Elias Neocleous & Co LLC Associate, provides an insightful overview of the residency and permanent residency process for EU citizens in Cyprus, focusing on the MEU application system.
Read full articleThe 2nd Cyprus Tech & Innovation Hub Summit has been convened at Parklane Luxury Resort & Spa in Limassol last Friday. Hosted by IMH, this Summit has gathered tech giants, startups, consultants, legal and financial experts, and professionals from global tech sectors like software development, fintech, cybersecurity, AI, and more, to explore the factors supporting Cyprus’ rapid development as a regional tech hub and demonstrate its attractiveness as a top destination for ICT companies at different stages of expansion.
Read full articleThe city of Limassol is once more getting ready to host the 7th Reflect Festival 2024, one of Europe’s leading technology and entrepreneurship events that will see startups, tech innovators, investors, and decision-makers from across North Africa, Europe, and the Middle East come together for 2 days of networking, brainstorming, and learning.
Read full articleSetting the bar in legal excellence! Once again, Elias Neocleous & Co LLC stands tall as the undisputed leader, securing its Tier 1 ranking across all nine practice areas in the prestigious Legal 500 EMEA – 2024 edition, marking a monumental achievement for another year. With notable dedication and expertise, we continue to maintain a leading position as the sole law firm in Cyprus to attain this eminent distinction!
Read full articleElias Neocleous & Co LLC (ENC) and W11 Ventures are pleased to announce that they have entered into a powerful partnership to deliver strategic, multi-functional seed to scale advisory services to industry and investors from across the globe. This partnership combines ENC’s multidisciplinary legal expertise and tech-driven approach to solving complex legal challenges with W11’s world-class experience in business innovation strategy, groundbreaking technologies, governance, translational R&D, and investments.
Read full articleThe EU’s Long-Term Investment Fund framework, extensively redesigned to remove overly strict rules on eligible investments, diversification, and access by retail investors is expected to become a sought-after fund structure for providing long-term investment opportunities to retail and professional investors via a single passport across the Union.
Read full articleElias Neocleous & Co LLC (ENC) is excited to announce that it will be hosting a thought-provoking panel discussion on the Remote Work Revolution: Navigating Legal Challenges and Optimizing Compliance for In-House Counsel in Cyprus, at the 2024 Legal 500 General Counsel Summit Cyprus (the ‘GC Summit’).
Read full articleA recent article authored by Elias Neocleous & Co LLC Associate Katerina Pillakouri, and published in the Cyprus Mail, explores the recent developments surrounding the European Union’s (EU) agreement on the 12th Russian sanctions package, in close cooperation with other G7 members, including the United States and the United Kingdom.
Read full articleIn a new interview with InBusinessNews, our firm’s Managing Partner, Elias Neocleous, addresses the challenges and prospects facing the Cypriot economy and the services sector in 2024, highlighting the need for decisive action to protect the country’s reputation as an attractive business destination.
Read full articleAn article authored by Elias Neocleous, Managing Partner at Elias Neocleous & Co LLC, and recently published in Phileleftheros, discusses the challenges presented by the volatile economic and geopolitical environment at both EU and domestic level and the importance of fortifying the reputation of Cyprus as an attractive business and investment destination.
Read full articleRecent amendments to Article 32 of the Courts of Justice Law, L. 14/1960, which governs the jurisdiction of civil Courts to issue interlocutory orders, introduce radical changes in this field. This includes the notable widening of court jurisdiction in respect of issuing interlocutory orders.
Read full articleOur firm (ENC) seeks to cultivate a culture where everybody can thrive, together. We aim to facilitate the ongoing development and growth of our talent through cutting-edge development programs, interactive learning, and meaningful work, and are committed to community engagement through multiple CSR activities.
Read full articleOur firm is incredibly proud to announce that for a 5th consecutive year, Elias Neocleous & Co LLC (ENC) has been included in the prestigious GRR100 list released by Global Restructuring Review (GRR) in its 2023 guide to the world’s leading law firms for cross-border restructuring and insolvency matters.
Read full articleAs 2023 draws to a close, we reflect on the year gone by and assess how our firm has consistently upheld its core values: delivering top-tier, strategic legal solutions to global clients, advancing technological innovation, and engaging in community outreach. This timeline is a glimpse of our efforts to embody these values over the last 12 months.
Read full articleIt is with tremendous pride that Elias Neocleous & Co LLC (ENC) announces a series of notable promotions, highlighting the continued growth of the firm and the outstanding talent whose exceptional service, client care, and significant contributions have played a pivotal role in shaping ENC’s ongoing success.
Read full articleThe 14th edition of Cyprus’ biggest current affairs conference, the Limassol Economic Forum, successfully took place on 6 October 2023, at the City of Dreams Mediterranean Limassol. This year’s event brought together industry leaders, experts, and innovators from around the world to engage in insightful discussions on critical issues shaping the international economic landscape.
Read full articleThe recent Reflect Festival 2023 saw more than 8k attendees immerse themselves in 2 days of advanced insights, pioneering creations (think dancing robot and ground-breaking digital applications), supercharged learning, and radical brainstorming, ensuring the festival lived up to its reputation.
Read full articleThe 2023 IFLR1000 Europe rankings have been released and Elias Neocleous & Co LLC is delighted to share that once again we have achieved a Tier 1 ranking in Cyprus in the field of financial and corporate law. This prestigious recognition reaffirms our ongoing commitment to excellence and unparalleled legal services in what has become a fiercely competitive and evolving legal landscape.
Read full articleWe are thrilled to announce that Elias Neocleous & Co LLC (ENC) has achieved Tier 1 Ranking in three prestigious categories, Tax, Tax Controversy and Transfer Pricing by ITR World Tax Rankings 2024, one of the world’s most comprehensive guides to leading tax firms. Notably, ENC is the only firm among Cyprus’ law firms and Big Four accounting firms to achieve recognition in all three categories.
Read full articleWe are delighted to announce that Elias Neocleous & Co LLC (ENC) has once again secured the coveted top spot in Gold Business Magazine’s prestigious annual list of the ’90 Leading law firms in Cyprus’. This recognition serves as a resounding endorsement of the firm’s contributions to the Cyprus legal sector and reinforces its standing as a leader in this domain.
Read full articleWe are proud to announce that Elias Neocleous & Co LLC was the recipient of the prestigious IN Business Award 2022 in the category Business Innovation for its groundbreaking contributions to advancing industry standards. This honour is a direct reflection of our firm’s ongoing commitment to pushing the boundaries of innovation and driving technology transformation in the legal industry in Cyprus for a more sustainable, digitalized future.
Read full articleFollowing completion of the review of the firm’s financial performance for 2022 the management of Elias Neocleous & Co LLC would like to thank all partners and staff for their hard work and dedication. We would also like to thank our clients, old and new, for their continued faith in our ability to meet their needs. 2022 was an unexpectedly difficult year for the Cyprus economy and its professional sector, with post-pandemic supply side induced inflation being compounded by the effects of the unanticipated war in Ukraine. Despite these negative factors, however, our team pulled together, demonstrating flexibility, innovation, skill and commitment thereby enabling the firm to confound the general trend and produce a solid outcome for the year.
Read full articleThe prestigious International Tax Review EMEA Awards ceremony took place in London on 15th September 2022. The ITR EMEA Tax Awards are now in their 18th year and offer an independent assessment of international tax professionals from 34 jurisdictions in Europe, Middle East and Asia (“EMEA”) across the previous 12 months.
Read full articleThe above article authored by Senior Associate, Xenia Kalogirou, has been featured in the International Financial Law Review. In the article Xenia discusses the liquidity management tools used in collective investment schemes in Cyprus and the EU Commission’s proposals to amend AIFMD and the UCITS Directive.
Read full articleThe 2022 IFLR 1000 Financial and Corporate ratings for Cyprus have now been released and may be viewed here. We are delighted to note that Elias Neocleous & Co LLC has once again received a ‘Tier 1” ranking. Additionally we are proud that five of our leading professionals have been singled out for individual commendations for excellence in their performance. Elias Neocleous has been recognized as a ‘Market Leader’, Costas Stamatiou has been noted as a ‘Highly Regarded’ lawyer and Demetris Roti, Michael Pelosi and Dimitris Papoutsis have all been acknowledged as ‘Notable Practitioners’. Our congratulations go not only to them but also their departments for another year of outstanding performance.
Read full articleThe Council of Ministers has approved the draft legislation concerning the establishment of limited liability shipping companies. Once the draft legislation is adopted by the Cyprus Parliament and enters into force, it shall contribute to the creation of a one stop shop at the Cyprus Deputy Ministry of Shipping.
Read full articleThe 7th Cyprus Professional Services Conference took place in Nicosia on 24th May 2022. Chaired by Harris Pistos, Director of International Banking at Bank of Cyprus, the theme of the conference was ‘Rising to meet challenges’ and clearly, with the after-effects of the pandemic and the current war in Ukraine, there was much to be discussed.
Read full articleThe Women in Business Law Europe Awards recognise leading women for their contributions to the practice of business law and also firms that have developed the most progressive initiatives towards diversity and inclusion from throughout the continent. The awards attract entries from the most prestigious law firms across Europe and the UK with past winners including Clifford Chance, Baker Mackenzie, Herzog, and Sidley Austin. It therefore gives Elias Neocleous & Co LLC enormous pleasure to announce that Senior Associates, Kyriaki Stinga and Elena Christodoulou, have both been deservedly selected as individual finalists in the 2022 awards. In addition, Elias Neocleous & Co LLC. has been listed as a finalist for the South-East Europe Jurisdiction Award.
Read full articleThe 2022 Legal 500 Europe, Middle East & Africa rankings have been released and for the second consecutive year we are delighted to report that Elias Neocleous & Co LLC has received a Tier 1 rating in all nine categories reviewed. We are the only law firm in Cyprus to achieve this.
Read full articleThe protocol amending the double tax convention between the Republic of Cyprus and the Swiss Confederation which was signed on 20 July 2020 in Nicosia, Cyprus came into effect on 3 November 2021 (please see Circular 3/2022). The protocol relates to the avoidance of double taxation in respect of taxes on income and on capital.
Read full articleIn a recent article published in the new year special edition of the Phileleftheros newspaper, prominent Cyprus business leaders were asked to comment on the year that was, and where they see the new year taking the Cyprus economy and business community. Managing Partner, Elias Neocleous expressed the view that whilst the consequences of the pandemic have been hard felt in Cyprus, given the level of government intervention both at an EU and local level, the consequences are manageable and will dissipate.
Read full articleGlobal Restructuring Review (GRR) has just released its 2021 guide to the world’s leading law firms for cross-border restructuring and insolvency matters. Global Restructuring Review is the world’s only daily news and analysis service on cross-border restructuring and insolvency law and we are delighted to report that for the third successive year Elias Neocleous & Co LLC has been included its elite GRR 100 list.
Read full articleWe are delighted to announce that ‘World Tax 2021’, the International Tax Review’s comprehensive guide to the world’s leading tax advisory firms has once more rated our Tax Advisory Team as ‘Tier 1’. The team’s work in areas of tax controversy has been specifically praised. Additionally, at the individual level, Managing Partner, Elias Neocleous, has been recognised as a ‘Tax Leader’ in Cyprus.
Read full articleElias Neocleous & Co LLC would like to extend a warm welcome to our nine new trainee lawyers who are about to commence their training programme with us. Once again competition for a place on the programme has been fierce, and our newest recruits have all successfully passed through a rigorous and demanding selection process. Unsurprisingly, all our recruits can boast an excellent academic record and an impressive array of qualifications including PhDs, LLMs, LLBs, and LPCs. However, as a significant international firm we also prize diversity and demand that our successful candidates possess other skills and attributes beyond the purely academic.
Read full articleThe 2020 edition of Chambers High Net Worth Guide (‘the Guide’) was released 9 July 2020. On viewing it, we are delighted to note that it ranked our firm and, on an individual level for the third successive year, our Managing Partner, in its top tier of professional advisers in Cyprus. The firm’s private client team offers a dedicated service for high net worth individuals covering issues such as the establishment and management of trusts, advice on asset holding structures, general wealth management and, general support and advice to family offices.
Read full articleOn 21st- 22nd May over 450 delegates from more than 20 countries gathered in Kiev, Ukraine for the INTAX FORUM Ukraine international conference to discuss various topics in the spheres of corporate finance, individual and corporate structuring, local and international taxation, investments, and transborder trading.
Read full articleWe would like to inform you that we have introduced a dedicated online portal for issues specifically related to the COVID-19 pandemic. The portal may be accessed from our main website neo.law and it contains regularly updated legal guidance on areas of the law which are directly impacted by current events.
Read full articleWe are pleased to announce that ‘World Tax 2020’, the International Tax Review’s (“ITR”) comprehensive guide to the world’s leading tax advisory firms has elevated the status of our Tax Advisory Team from ‘Highly Recommended Firm’ to ‘Top Tier Firm’. Additionally, the team’s work in areas of tax controversy has been specifically lauded.
Read full articleTechnology has raised the bar for client expectations and is creating strong demand for the best, most accurate and fastest services at a lower cost. The challenge is to see how law firms can utilise technology tools to deliver for clients. Innovative firms that embrace this digital change will do well and thrive.
Read Elias Neocleous's full insightLegal Business is the market-leading glossy monthly magazine for senior decision-makers in the UK and global legal market. Published ten times a year, the magazine reaches thousands of senior lawyers at major commercial firms across the UK and key financial centres of Europe, Asia and the US. It is published by Legalease, the publishers of the respected “Legal 500” rankings.
Read full articleFLR1000, the guide to the world’s leading financial and corporate law firms and lawyers, has today released its listing of leading lawyers. Elias Neocleous & Co LLC continues to lead the Cyprus legal services market, being the only firm awarded the prestigious Tier 1 ranking in Cyprus.
Read full articleElias Neocleous & Co LLC was one of the main sponsors of the ninth Limassol Economic Forum, which took place on 19 October, attracting a record number of more than 450 participants from Cyprus and overseas, and receiving extensive coverage in the local and international media. The Limassol Economic Forum is the largest and most prestigious business gathering in Cyprus, a much anticipated annual event where the latest trends and developments in global politics and economies in Europe and the Eastern Mediterranean are discussed.
Read full articleOn 15 October the Central Bank of Cyprus (CBC) published its latest analysis of data on non-performing loans in the Cyprus banking sector, covering the period to 30 June 2018, showing aggregate non-performing facilities (NPFs) and related indicators for the domestic operations of credit institutions operating in Cyprus. Overseas operations are excluded.
Read full articleOur people are our most important asset, and key to providing the best service and advice to clients. We believe in developing our talent from within the firm: we recruit the best graduates from leading universities, provide them with the best training and support and offer them unlimited career prospects.
Read full articleElias Neocleous & Co LLC has been singled out by India Business Law Journal as one of the top international law firms for India work in its latest annual survey, published with the July edition of the magazine. India Business Law Journal is a market-leading monthly magazine, read by in-house counsel and private practice lawyers around the world, that provides in-depth analysis of the legal and regulatory challenges facing domestic and international businesses in India and practical advice on key business-law issues. It also provides vital intelligence on the country’s law firms, legal process outsourcers and judiciary.
Read full articleAt the recent annual general meeting of STEP Cyprus, the local branch of the Society of Trust and Estate Practitioners, Kyriacos Xenophontos, partner in the firm’s private client and corporate departments, and CEO of affiliated Neocleous Trust company, was elected as a member on the board of directors of STEP Cyprus.
Read full articleElias Neocleous was one of the panel of expert speakers invited to address the 2017 Business Direction Cyprus conference, which took place in London on 16 November. The full-day event, organised by Business Direction UK, presented the investment opportunities available in Cyprus, its attractive tax, legal and business environment and its advantages for investors, particularly those seeking alternatives to the United Kingdom following Brexit.
Read full articleIFLR1000, the guide to the world’s leading financial and corporate law firms and lawyers, has today released its listing of leading lawyers. Elias Neocleous & Co LLC continues to lead the Cyprus legal services market, being the only firm awarded the prestigious Tier 1 ranking in Cyprus.
Read full articleThe fourth BEST LEGAL conference was held at the Four Seasons Hotel in Limassol on 25 September. The event, which is organized by the Cyprus business magazine SUCCESSFUL BUSINESS, has become the leading legal conference in Cyprus directed at attendees from overseas, and this year’s event attracted more than 200 prominent businesspeople, lawyers and other professionals from more than 20 countries.
Read full articleElias Neocleous & Co LLC is a principal sponsor of The Limassol Economic Forum, which will take place on Friday, 20 October 2017. Now in its eighth year, the forum is the biggest and most important business gathering in Cyprus, and has become a major platform of debate on political, economic and business issues in Europe and the Eastern Mediterranean.
Read full articleOur people are our most important asset, and key to providing the best service and advice to clients. We believe in developing our people from within the firm: we recruit the best graduates from leading universities, provide them with the best training and support and offer them unlimited career prospects.
Read full articleThe Cyprus Securities and Exchange Commission (“CySEC”) has issued a summary of the changes to passporting arrangements and conditions governing the provision of investment services and activities by third country firms that will result from the implementation of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU, commonly known as MiFID II, and Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (“MiFIR”). MiFID II and MiFIR have been transposed into Cyprus law by Law 87(I)/2017 and the new provisions will apply from 3 January 2018. Law 87(I)/2017 expressly adopts the provisions of MiFID II, including a number of discretions that member states had been granted the option to adopt in transposing MiFID II.
Read full articleOn 7 July 2017 Law 87(I)/2017 was published in the Official Gazette of Cyprus, transposing the revised European Union Markets in Financial Instruments Directive (MiFID II) into Cyprus law. The new law, which will apply in Cyprus from 3 January 2018, will introduce significant changes to the Investment Services and Activities and Regulated Markets Law of 2007 to 2016.
Read full articleLegal Business is the market-leading glossy monthly magazine for senior decision-makers in the UK and global legal market. Published ten times a year, the magazine reaches thousands of senior lawyers at major commercial firms across the UK and key financial centres of Europe, Asia and the US. It is published by Legalease, the publishers of the respected “Legal 500” rankings.
Read full articleElias Neocleous & Co LLC is pleased to announce its achievement of ISO/IEC 27001:2022 certification for Information Security Management. This significant accomplishment reflects the firm’s dedication to maintaining rigorous standards for data protection, client confidentiality, and resilience against emerging cyber threats.
Read full articleIn an article by Athina Evagorou, an Associate at our firm, it was noted that in October 2024, Cyprus enacted Law 116(I)/2024 on the Prevention of the Dissemination of Terrorist Content Online, aligning with EU Regulation 2021/784. The Law aims to curb the spread of terrorist content online to enhance public safety and security. It applies to all hosting service providers operating in Cyprus, mandating cooperation with EU member states.
Read full articleNeocleous House, 195 Archbishop Makarios III Avenue, PO Box 50613, Limassol, CY-3030
Tel: (+357) 25 110 000
Fax: (+357) 25 110 001
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