Recent developments continue to shape the implementation of the Republic of Cyprus’ foreign direct investment screening framework under the Establishment of a Framework for the Foreign Direct Investment Screening Law of 2025 (Law 194(I)/2025). Following a joint announcement by the Ministry of Finance of Cyprus...
Case C-81/24, LH v OTP banka d.d. (Judgment of 11 June 2026) Introduction On 11 June 2026, the Court of Justice of the European Union (“CJEU”) delivered an important judgment on the relationship between consumers’ right to access a payment account with basic features and...
The adoption of Capital Requirements Directive (EU) 2024/1619 (“CRD VI”) marks a significant development in the regulation of cross-border banking activities within the European Union. Among its most consequential reforms is the introduction of a harmonised third-country branch (“TCB”) framework governing the provision of core...
On 2 March 2026, the US Supreme Court declined a certiorari petition filed by Dr. Thaler (computer scientist) in relation to the D.C. Circuit Court of Appeals’ judgment in Thaler v. Perlmutter (Case No. 23-5233). The first instance case was filed by Dr. Thaler against...
The Ministry of Finance of the Republic of Cyprus issued Circular No. 1780 on 8/1/2026, setting out the framework for the application of the Cost of Living Allowance (COLA), aka A.T.A., for the period 1 January 2026 to 30 June 2027 in the public sector....
