Will Transparency override Privacy? Introducing the ‘Public Register ‘

Under the current legal framework in Cyprus, shares can be held through nominees, which can be either individuals or entities, in trust for the beneficial owner of the shares without public disclosure of the ultimate owner’s identity. Therefore, the name listed on the certificate of shareholders of an entity can merely state the nominee and […]

New Law on Protection of natural persons with regard to the processing of personal data

A new Cyprus law was enacted in March 2019 (Law 44 (I) of 2019), with title “Law on the protection of natural persons regarding the processing of personal data by competent authorities for the purposes of the prevention, investigation, detection or prosecution of criminal offenses or execution of criminal penalties and for the free movement […]