Lobbyists to Face Tighter Regulation

In a 2015 report by Transparency International, Cyprus was ranked last among 19 EU countries when it came to the existence of legislation to monitor and regulate lobbying. The Council of Europe considers lobbying as the concerted effort to influence policymaking and decision-making by an individual or organization to obtain a concrete result from government

Process of negotiating a bilateral Competent Authority Arrangement (CAA) for the exchange of Country-by-Country Reports between Cyprus and the United States of America

On 20th of June 2019, Cyprus tax authorities announced that negotiations between Cyprus and USA are being conducted with a view to conclude a bilateral Competent Authority Arrangement (“CAA”) for the exchange of Country-by-Country reporting between Cyprus and the USA. The negotiations’ status is also indicated in the IRS’ website. Elias Neocleous & CO LLC

Raising of capital from investors within a specified time period

In a circular dated 7th June 2019, the Cyprus Securities and Exchange Commission ( ‘ the CySEC’ ) reminded all authorized and registered Alternative Investment Fund Managers (AIFMs) of Article 14 of the AIF law which requires them to raise a minimum of EUR 500,000 capital from investors within 12 months from the date authorization

ELIAS NEOCLEOUS & Co LLC – Listed in GRR’S Survey as a Top 100 Law Firm in cross border restructurings and insolvencies

On 17th June 2019 ‘ Global Restructuring Review ( GRR) ‘ , the daily news service and magazine focusing exclusively on cross-border insolvency and restructuring law, published its annual survey, the GRR 100, which lists the top 100 law firms verified as being able to handle cross-border restructurings and insolvencies. Used by consultancies, private practice


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
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
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
They're transparent and amenable with a clear knowledge of the local market and how to navigate it.
IFLR 1000 Client Feedback 2019
Great work with all stakeholders including the government relations both in Cyprus and EU
IFLR 1000 Client Feedback 2019

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