Monthly Archives: January 2020

Record fines imposed following GDPR breaches.

The Office of the Commissioner of Personal Data Protection (the Commissioner), the independent supervisory authority for the protection of the individual, has just announced the largest corporate fines to date following the implementation of the GDPR in Cyprus.  The fines relate to three affiliated entities and in total they exceeded €82,000.  The entities were found

CySEC Circular C.346 – In pursuit of transparency.

CySEC has issued Circular C.346 (available in English here) addressed to Cyprus Investment Firms, UCITS and their Management Companies, Alternative Investment Funds and their Managers, Non-Financial Counterparties and Central securities depositories (‘Regulated Entities’). With this Circular, CySEC reminds Regulated Entities of the requirements under the Regulation (EU) 2015/2365 on transparency of securities financing transactions and

2020 Looking to the future

Elias Neocleous, Managing Partner of our firm, was one of the leading businessmen recently asked to contribute to the Fileleftheros 2020 special edition. In his New Year message Mr. Neocleous provided an assessment of the current state of the Cyprus economy.  Despite current positive growth rates, he warned against complacency and stressed the importance of


Deal makers, professionals and service oriented.
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 assisted by Elias Neocleous in the context of capital markets transaction. Mr Demetris Roti was the partner in charge of the matter. We were very satisfied by the work of Mr Roti and his team as well as their ability to work towards tight deadlines
IFLR 1000 Client Feedback 2019
They're transparent and amenable with a clear knowledge of the local market and how to navigate it.
IFLR 1000 Client Feedback 2019
I recently completed the sale of my house in Cyprus with Elias Neocleous & Co LLC and I just wanted to tell you how impressed I was with your Property lawyer who handled the matter. Her professional, calm and measured approach was amazing and really reassured us when things were not that straight forward. As a solicitor of some 40 + years in the private sector I must say that I rarely came across a young lawyer with such a combination of professional and personal qualities. This lawyer is a real asset to your firm!
Property Client

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