Evolving Sustainability Regulations. A Key Strategic Priority
The Corporate Sustainability Reporting Directive (CSRD), effective from January 5, 2023, enhances the rules governing the disclosure of social and environmental information by entities.
Cyprus Implements Transparent and Predictable Working Conditions Law in Alignment with EU Directive
Cyprus has recently taken a significant step towards promoting transparency and predictability in the workplace by enacting the Transparent and Predictable Working Conditions Law of 2023 N.25(I)/2023, commonly referred to as the “Law.”
Rent Increase for Statutory Tenants
Landlords who fall within the scope of the Tenancy Law of 1983 (23/1983) as amended (hereafter “the Law”) can increase their tenants’ rents by a maximum of 6% after a decade zero increase in rents.
Αυξήσεις Ενοικίων Για Θέσμιους Ενοικιαστές
Οι ιδιοκτήτες ακινήτων, που εμπίπτουν στο πεδίο εφαρμογής του Περί Ενοικιοστασίου Νόμου του 1983 (23/1983) ως τροποποιήθηκε (στο εξής ο «Νόμος»), μπορούν να αυξήσουν τα ποσοστά ενοικίων στους ενοικιαστές τους με ανώτατο όριο 6%, μετά από μια δεκαετία μηδενικής αύξησης των ενοικίων.
New Amendments to The Cyprus Permanent Residence Scheme 6(2)
The Ministry of Interior’s proposal to revise the criteria for granting permanent residency under Regulation 6(2) of the Aliens and Immigration Regulation was approved by the Council of Ministers.
Η Συμβολή της Τεχνητής Νοημοσύνης στην Απονομή Δικαιοσύνης
Ο χώρος της δικαιοσύνης είναι ένας κοινωνικοηθικός χώρος που είναι πολυδιάστατος και σε μεγάλο βαθμό απρόβλεπτος.
Human Trafficking and its Unwavering Existence
The crime of Human Trafficking has always been a great obstacle to our society. Despite several efforts to tackle it, this heinous crime continues to exist by violating and exploiting the rights of various individuals from any background.
Litigation Funding in Cyprus
Litigation funding, is a mechanism by which a third-party provides financial support to a plaintiff or a law firm for a legal dispute in exchange for a portion of the settlement or judgment award.
EU agrees 10th package of sanctions against Russia
On the 25th February 2023 the European Council adopted the 10th package of sanctions against Russia. The package contains new listings plus trade and financial sanctions, including further export bans worth more than €11 billion, depriving the Russian economy of critical tech and industrial goods. It also steps up enforcement and anti-circumvention measures, including a new reporting obligation on Russian Central Bank assets.
Sale of Immovable Property
The Parliament has passed a new law levying on a 0.4% tax on all sales of immovable properties. The imposition of this levy is intended to serve humanitarian purposes by supporting Greek -Cypriot refugees.