Monthly Archives: November 2017

Reduction of non-performing loans in the Cyprus banking sector

The latest figures on non-performing loans in the Cyprus banking sector published by the Central Bank of Cyprus show that progress is continuing to be made in reducing non-performing facilities. The latest aggregate figures for the domestic operations of credit institutions operating in Cyprus show total non-performing facilities of €22,362 million at 31 July 2017,

Suspension of the Cyprus Securities and Exchange Commission’s “fast-track” procedure for applications for authorisation of Cyprus Investment Firms

In November 2015 the Cyprus Securities and Exchange Commission (“CySEC”) introduced a “fast-track” procedure to expedite the examination and determination of applications for authorisation of entities it regulates, which involved paying a supplementary fee that would be used to finance overtime payments to employees of CySEC who would examine the applications outside their normal working

Elias Neocleous’s presentation at the 2017 Business Direction Cyprus conference

Elias 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

The 2017 Ukrainian Business Forum

A team from Elias Neocleous & Co LLC attended the 2017 Ukrainian Business Forum, which took place in Kiev, the Ukrainian capital, on 15 November. The forum is a high quality event focused on the Ukrainian market for wealth structuring and corporate professionals, attended by more than 250 delegates from Ukraine and 20 other countries.


They're transparent and amenable with a clear knowledge of the local market and how to navigate it.
IFLR 1000 Client Feedback 2019
Very  responsive and provided excellent guidance on issues of Cyprus law relevant in the transaction on which they represented us.
IFLR 1000 Client Feedback 2019
We have been using Neocleous for more than 10 years. We are very satisfied with their performance. They can support all the areas we may need help in. They have lawyers for all the practice areas. They are well educated and very fast on the job.
IFLR 1000 Client Feedback 2019
To the point, very helpful and complement advice. Was always aiming to get it done in an efficient and timely manner. Delivered results despite some obstacles in between.
IFLR 1000 Client Feedback 2019
Deal makers, professionals and service oriented.
IFLR 1000 Client Feedback 2019

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