Legal

cross-border-succession

EU Cross Border Succession Regulation

National rules and regulations governing succession and inheritance matters vary significantly from one country to another.  Especially with the free movement of people across the EU, regulation of such matters was necessary at the EU level.  Accordingly, in 2012 the European Union (EU) introduced Regulation 650/2012 in an effort to simplify cross-border succession procedures, i.e.,

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Shareholders rights directive graphic with a mobile device

Shareholders Rights Directive III: Now Coming into effect in Cyprus

The Law on the Encouragement of Long-Term Shareholder Engagement of 2021 (Law 111 (I)/2021) (the “Law”), which has come into effect on May 12th 2021, transposes Directive (EU) 2017/828 (the “Directive”) into Cyprus law. The Directive revises its predecessor, Directive (EU) 2007/36, and regulates the exercise of certain shareholder’s rights for listed companies, while it

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