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Assignment or Novation: A Practical Guide

Introduction Businesses change constantly. A company may sell part of its business, reorganise its group structure, replace a contractor, transfer a loan, or move a commercial relationship from one entity to another. When that happens, one question [...]

A Practical Guide to Administrative Law in Cyprus

Administrative law is the body of rules governing the organisation, operation, and oversight of administrative bodies exercising public authority, ensuring the protection of individual rights and promoting fairness, legality, due process, and [...]

Civil Procedure Rules in Cyprus: A Practical Guide in Addressing Procedural Errors and Uncertainty

As of September 2023, Cyprus implemented new Civil Procedure Rules (CPR), a significant reform aimed at modernizing and improving the efficiency of the judicial process. This reform, modelled after the English Civil Procedure Rules, was a major [...]

Updates in Civil Procedure Rules: A Comprehensive Guide

Introduction On 26 July 2024, significant amendments to the Rules of Civil Procedure of 2023 were published by the Supreme Court of Cyprus in the Official Gazette of the Republic of Cyprus. This guide provides a detailed overview of the key [...]

European Commission adopts package to simplify merger review procedures

The European Commission has today adopted a package to simplify procedures for reviewing concentrations under the EU Merger Regulation. The package includes: a revised Merger Implementing Regulation; a Notice on Simplified Procedure, and a [...]

EU Foreign Subsidies Regulation enters into force

Introduction On 12/01/2023 the Foreign Subsidies Regulation (FSR) officially entered into force. The FSR is designed to address distortions caused by foreign subsidies, allowing the European Union to maintain open trade and investment while ensuring [...]

European Commission provides guidance on the application of the Leniency Notice

What is the Leniency Programme The Commission has operated a leniency programme since 1996 to allow undertakings an opportunity to admit to their wrongdoing and avoid or reduce a potentially heavy fine for competition infringements. The features of [...]

Merger Control in Cyprus

Legal Framework The law regulating mergers in Cyprus is the Control of Concentrations between Undertakings, Law 83(I) of 2014 (the Merger Control Law). The Commission for the Protection of Competition (the CPC) is the regulatory authority which is [...]