Navigating Cyprus’ Financial Regulation Compliance: Elias Neocleous & Co LLC’s Expertise

Elias Neocleous & Co LLC, a leading Cyprus-based law firm, is at the forefront of helping clients navigate the intricate Cyprus and EU financial regulatory landscape. With an unmatched team of legal and business professionals, the firm assists a range of financial institutions, investment firms, collective investment vehicles, corporations, and high net worth individuals in complying with the complex legal frameworks.

Expertise in Banking Regulation

• Elias Neocleous & Co LLC offers expert advice and support to ensure regulatory compliance for banks and financial institutions.
• The team’s extensive expertise covers various laws and regulations, including:
  • Cyprus Banking Law
  • Payment Services Law
  • E-money Institutions Law
  • Transfer of Banking Loans Law
  • Financial Leasing Law
  • Central Bank of Cyprus directives and guidelines
  • EU legislative framework on regulatory capital
  • Banking Recovery and Resolution Directive (BRRD)

Compliance with Investment Services and Capital Markets Regulation

• Amidst the constant evolution of investment services and capital markets, Elias Neocleous & Co LLC’s financial services specialists offer up-to-date advice to help clients comply with a multitude of regulatory frameworks.
• The team includes professionals experienced in:
  • MiFID I, MiFID II, and MiFIR directives
  • Regulatory environment governing swaps and transactions in derivatives (including FX)
  • Market infrastructure regulations
  • European Market Infrastructure Regulation (EMIR) and Central Securities Depositories Regulation (CSDR)
  • Listed equity and debt securities frameworks under various Cyprus and EU laws and regulations
  • Market disclosures and transparency requirements

Establishment, Structuring, and Maintenance of Funds and Collective Investments

• Elias Neocleous & Co LLC’s funds advisory team, comprised of financial services, legal, and tax professionals, offers clients invaluable advice and assistance with the establishment, structuring, licensing, and ongoing maintenance of funds and collective investment vehicles.
• The team’s extensive network of professionals enables them to select and oversee outsouring of operational requirements, including administration, management, depositary, compliance, and audit services.

About Elias Neocleous & Co LLC

• Founded in 1961, Elias Neocleous & Co LLC is one of the largest law firms in Cyprus, offering a comprehensive range of legal services.
• The firm has six offices in major business areas in Cyprus and is a member of numerous international legal networks and associations.
• For more information on Elias Neocleous & Co LLC’s financial services practice, download the [Financial Services & Regulation brochure](available here) available here.