- CIRCULARS CIF: C452 to Cyprus Investment Firms – New Form CB-CIF, Freedom to Provide Investment Services and Activities (Cross Border Activity) CySEC – Latest Entries
- EU Commission advances legal action against Malta and Cyprus over passport for investment scheme JURIST – News – Legal News & Commentary
- US House Foreign Affairs Committee chair introduces diplomacy act to challenge China JURIST – News – Legal News & Commentary
- DOJ releases part of Russian probe internal memo, seeks to block release of full document JURIST – News – Legal News & Commentary
- UN demands immediate release of Belarusian journalist and girlfriend after forced aircraft landing JURIST – News – Legal News & Commentary
- US Secretary of State condemns Belarus’ Lukashenko over journalist arrest JURIST – News – Legal News & Commentary
- Amnesty reinstates ‘prisoner of conscience’ status for Alexei Navalny JURIST – News – Legal News & Commentary
- Leaked documents expose loopholes in Malta cash-for-passports scheme JURIST – News – Legal News & Commentary
- Cyprus: the deadline for the introduction of a fine for late filing of a declaration on the HE32 form has been postponed
- Electronic Register of Beneficiaries in Cyprus: start date of collection of information of beneficiaries has been postponed
10 Hong Kong Pro-Democracy protesters sentenced to jail JURIST – News – Legal News & Commentary
May 29, 2021
The Hong Kong District Court has sentenced 10 pro-democracy activists to jail on charges under the new national security law Friday. The activists were charged with several unauthorized assembly offenses for protesting in Hong Kong during China’s 70th anniversary. The protests violated several provisions of the Public Order Ordinance, and their punishments were set out in the Criminal Procedure Ordinance.
The trial was held April 1, and all defendants were found guilty by District Court Judge Amanda Woodcock. Several notable activists include media tycoon Jimmy Lai, leader of the Civil Human Rights Front Figo Chan and ex-Legislative Council members Leung Kwok-hung and Lee Cheuk-yan. Woodcock explained the reasoning behind the guilty verdict, stating that the organizers of the protests were “naïve and unrealistic” for expecting a non-violence protest.
Woodcock sentenced eight of the defendants to jail terms between 14 to 18 months. Two were given suspended sentences. Jimmy Lai and Leung Kwok-hung are also facing charges under the new national security law and will receive new sentences to be served concurrently.
January 24, 2020Professional Tax – new tax for Cyprus companies
At the end of 2019 Cyprus municipalities introduced a new tax for Cyprus companies called Professional Tax.
May 18, 2020CRS and FATCA: extension of reporting deadlines
In 2020, the deadlines for submitting financial statements in accordance with CRS and FATCA standards has changed.
July 10, 2020Cyprus: Since 1 of July Contributions to the GESY Fund Have Increased
From March 1, 2020, contributions to the Fund of the state health insurance system of Cyprus GESY were supposed to grow as part of the second stage of the reform of this system.
December 03, 2019Happy Lawyer’s Day!
December 3 is the lawyer's day in Russia. Congratulations to our colleagues on their professional holiday!
February 24, 2019Amendments to Cyprus Company Law
The Cyprus Department of Registrar of Companies and Official Receiver (ROC) announced amendments to the Cyprus Company Law.
April 15, 2020Professional consulting support of our specialists
Taking into account the current situation, our clients have a lot of different issues that require professional consulting support on-line.
February 17, 2020OECD has published a consultation document on the review of Country-by-Country Reporting
OECD released public consultation document that is based upon the mandate set out in the BEPS Action 13 report, and focuses on issues concerning the use of CbC reports by tax administrations for the purposes of a high level transfer pricing risk assessment. The public consultation document [...]
May 08, 2020CySec: Changes of the Due Date for Some Obligations in Cyprus
The financial regulatory agency of Cyprus (CySec) has changed some due date obligations for issuers, providers and funds: The due date for the obligation of issuers to publicise the annual financial statements for 2019, is postponed for the 30 of June 2020. The due date for [...]