Newsletter – Legal Updates for December 2018  
The legal updates for December 2018 related to the following:
1. Modernisation of the Companies Law Cap. 113;
2. Appointment of a Secretary;
3. Abolition of Privileges of Banks making Annual Return;
4. Regulating Administrative Operations of Overseas Companies;
5. Modernisation of the Filing Procedure with respect to Societas Europaea Companies;
6. Amendments to the Strike-Off Procedure;
7. Registration of Pledges over Cyprus Shares; and
8. Amendments to the Financial Ombudsman Law N.84(I)/2010 – An attempt to capture Credit Facilities within its ambit.

For more detailed information on the above, please see here