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Tag Archives: Payment Institution

Commercial Law Update: New legal framework for alternative investment funds in Cyprus

Commercial, NewsBy AdminAugust 26, 2014

Cyprus is one of the fastest growing European investment fund destinations. The major attractions for investors include the island`s established expertise being an international business centre, the competitive costs, a solid network of tax treaties, the strong ties to key markets such as Russia, the CIS, and CEE, it`s close proximity to the Middle East…

Commercial Law: Electronic Money Institutions in Cyprus

Banking, CommercialBy AdminMay 12, 2014

Following the enactment of the Electronic Money Law of 2012 electronic money services in Cyprus may only be provided by an electronic money institution which has been granted an authorisation by the Central Bank of Cyprus. Despite the provisions of the Electronic Money Law, certain persons may provide electronic money services in Cyprus without obtaining…

Nicholas A. Theodorou & Co LLC ("Theodorou Law") is a Cyprus law firm with Cyprus lawyers and other legal experts on legal matters involving Cyprus law and EU law. © 2020 Theodorou Law
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