Insights: Recognition and enforcement of UK Court Judgments in Cyprus post-Brexit

Following Brexit, it is no longer possible to use Regulation (EU) No 1215/2012 on the Jurisdiction and the Recognition and Enforcement of Judgments in Civil and Commercial Matters (recast) to recognise and regsiter UK judgment in Cyprus. Currently, those wishing to obtain recognisiton and enforcement of a UK judgment in Cyprus must revert to the previous legal regime, which has become relevant again.

Banking Law Update: New leasing law

The House of Representatives passed legislation regulating the provision of leasing services. The legislation has affect as of the 28.04.2016. The new legislation provides that, with limited exceptions, businesses providing leasing services must be authorised to provide such services. Businesses which: (a) do not deal with the public; or (b) whose principal business activity is…