In light of the fast approaching deadline for the legal exit of Britain from the European Union, awe outline below key concerns for expatriates in Cyprus  as well as what you can do to prepare for Brexit. 

Leaving the European Union will affect most UK nationals to varying degrees, but those living in or owning property in Cyprus  will have specific concerns about their future.

The Ministry of Interior of the Republic of Cyprus has issued a document underlying they ways that the Republic of Cyprus intents to implement the Withdrawal Agreement (the ‘Agreement’) to safeguard the residence rights of the UK nationals and their respective families who ha...

February 22, 2019

The Cyprus Securities and Exchange Commission (the “CySEC”) has completed a review on the quality of the data which has been reported to Trade Repositories in accordance with Article 9(1) of the European Market Infrastructure Regulation (the “EMIR”). 

Article 9(1) of EMIR states that “Counterparties and CCPs shall ensure that the details of any derivative contract they have concluded and of any modification or termination of the contract are reported to a trade repository registered in accordance with Article 55 or recognised in accordance with Article 77. The details shall be reported no later than the working day following the conclusion, modification...

March 28, 2018

The General Data Protection Regulation (GDPR) comes into force on 25 May 2018. Below we list some useful facts about its most important terms, how it might affect you and how to start preparing.

1.  Analyse what personal data you use

Consider what data processing you undertake?

Do you rely on data subject consent or can you show that you have a legitimate interest in processing that data? 

2. Prepare for data security breaches 

Put in place clear policies and procedures to enable you to react quickly to any data breach and notify in time where required. 

3. Establish a framework for accountability 

  • Do you need a data protection officer? Do you need to car...

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