Variable Capital Investment Companies – Lapse of grace period

        Further to the announcement below issued on the 5th of November 2021, we would like to alert relevant entities that the grace period (for existing VCICs) lapses on the 5th of November 2022, affected entities may reach out to our firm for...

Beneficial Ownership Register and GDPR

          Beneficial Ownership Register Following the implementation of the EU’s Fifth Anti-Money Laundering Directive2 on 30 May 2018, all EU Member States must pass legislation maintaining publicly accessible beneficial ownership...

NFTs and Copyright Laws

            NFTs and Copyright Laws The purpose of this article is to provide a brief overview on the NFTs potential implications for copyright holders and copyright law, rather than to present an overall assessment of NFTs and each type...

International Day of Seafarers

25th of June was the International Day of Seafarers  During this critical pandemic period, seafarers delivered more than 90% of world trade. Did you sound your horns? Cyprus is a maritime destination for numerous reasons, it is a power-ship ranking 11th largest fleet...

Cyprus Securities and Exchange Commission R.A.D 269/2021

On the 25th of June 2021, the Cyprus Securities and Exchange Commission published the R.A.D 269/2021 which provides guidance and sets forth additional regulatory requirements to eligible parties regarding the provision of services of financial products that fall...

Registration of commercial vessels

Spyros Arotis- Elena Aroti & Associates would like to announce its successful collaboration with LemonBuoy  in the registration of commercial vessels under the Cyprus Ship Registry for both Cypriot and Foreign Maritime Owners and would like to take this...