Cyprus: Technology

DORA represents a major shift in how the European financial system manages digital risk. It is not simply another cybersecurity regulation, it is a governance and resilience mandate

As we move toward 2030, compliance is going through big changes. Companies face tougher rules, fast technological change, and growing demands...

The world of banking and finance is undergoing rapid transformation. From the rise of digital platforms and alternative payment systems to the expanding scope of regulatory oversight, today's financial environment is more complex and fast-paced than ever.

Today, 7 May 2026, the EU Parliament and Council reached a provisional agreement on simplification of compliance with the AI Act earlier proposed as part of the Digital Omnibus.

Maria Christofi shares her insights on how the legal profession in Cyprus is quietly evolving, driven by changing client needs, market dynamics, and technological innovation.

In June 2024 the European Parliament and European Council have adopted the Regulation (EU) 2024/1689, which will come in force in August 2nd, 2026.

The Anjouan crypto licence provides a structured licensing framework for digital asset businesses seeking cost-efficient market entry with clear regulatory guidelines.

The Nevis iGaming licence framework, introduced in 2026, offers online gaming operators a structured licensing system with competitive costs and relatively fast approval timelines.

On 3 February 2026, the Central Bank of Cyprus ("CBC") published an announcement (available here) following the European Banking Authority's No Action Letter (available here) on the interplay between the PSD2...