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Amidst Bitcoin reaching multi-year highs and Ethereum taking several steps forward towards Web 3.0, 2021 also belonged to NFTs.
It became Collins Dictionary’s “Word of the Year,” with an 11,000% increase in the use of the abbreviation in mainstream consciousness. Not only that, traders turned this hype into huge market gains. Trading in NFTs reached

The AGP Litigation Team, defending our client, has managed to overturn a Norwich Pharmacal Order and secure another success at the Supreme Court.
On March 9 of 2022 the honourable judges of the Supreme Court delivered judgment on two appeals brought by our seasoned team of Cyprus Lawyers. The Court, inter alia, noted that the

The AGP Litigation Team, defending our client, has managed to overturn a Norwich Pharmacal Order and secure another success at the Supreme Court.
On March 9 of 2022 the honourable judges of the Supreme Court delivered the judgment on two appeals brought by our seasoned team of Cyprus Lawyers. The Court, inter alia, noted that

After a marriage or relationship breakdown, when a child is involved, everyone’s target should be the child’s best interest.
The Relations of Parents and Children Law (216/1990) provides for mandatory child maintenance and identifies the parents as jointly responsible for their children’s maintenance until the age of 18.
Several points may need to be addressed

On 21st of December 2021, two amending laws were published in the Official Gazette for the prevention of tax abuse and will be in force from 31st of December 2022.
Overview of the laws
Cyprus to introduce an additional Corporate Tax Residency Test
In accordance with the Income Tax Law, a company is considered to

CySEC Circular C489 to Regulated Entities on EU Council’s Restrictive Measures.
Cyprus Securities and Exchange Commission (“CySEC”) has issued circular C489 (the “Circular”) on 25/02/2022, addressed to Regulated Entities, namely, CIFs, ASPs, UCITS Management Companies, Internally managed UCITS, AIFMs, Internally managed AIFs, Internally managed AIFLNPs, companies with sole purpose the management of AIFLNPs, Crypto Asset

On 26.01.2022 CySEC published a new Circular C484 regarding the registration of Registered Alternative Investment Funds (RAIFs) with the CySEC RAIF Register (the ‘Circular’) which repeals the CySEC Circular C285.

CySEC informs the External Managers of RAIFs about the amendment of the Directive for the registration and de-registration of RAIFs in the RAIFs register (“DI124-01”).