Bitcoin

A revolutionary decision for crypto fans has emerged by the Berlin Court of Appeals

Transactions in Bitcoin do not constitute a bank transaction and certainly such transactions are not a criminal offence. This was ruled by the Berlin Court of Appeals in its recent decision which criticized the authority of the Federal Financial Supervisory Authority of Germany (BaFin). The case concerned a 16-year old who created a digital platform [...]

Brexit – Possible Implications, and Why Moving Your Business to Cyprus Makes Sense

A lot of uncertainty exists regarding the UK’s exit from the European Union, particularly amongst those conducting business abroad. In fact, a considerable number of businesses have already begun the process of leaving the UK and moving their presence elsewhere within the EU. But what impact will Brexit actually have come end of March 2019,[…..]

Legislative Changes to the Funds Industry in Cyprus Voted Come Into Effect

The Alternative Investment Organisation Act 2018 A recent vote by members of the Cyprus government will see the current legal and regulatory infrastructure for collective investments funds (IFs) undergo progressive modernizations. With the main objective being to protect the rights of investor, the new Alternative Investment Organisation Act 2018 will replace current legislation and update[…..]

The Benefits of Cyprus Holding Companies

Its EU membership and OECD, FATF and FSF compliance make Cyprus an excellent jurisdiction for global investors seeking to establish holding companies. This is enhanced by the Cyprus’ close vicinity to Europe and the Middle East, a robust economy comprised of many high-growth sectors, an attractive tax regime offering a number of favourable incentives, and[…..]