Following the announcement / circular that we issued on 02/03/2021 regarding the establishment of the Ultimate Beneficiary Register, the Registrar of Companies as the competent Authority issued on 12/3/2021 the first read more...
Continue readingΕίναι σύνηθες το φαινόμενο, ο ιδιοκτήτης οχήματος να παραχωρεί την χρήση του οχήματος του είτε περιστασιακά είτε επί μονίμου βάσεως σε τρίτα συγγενικά ή φιλικά του πρόσωπα τα οποία βέβαια έχει μεριμνήσει να καταστήσει εξουσιοδοτημένους οδηγούς και συνακόλουθα να ισχύει και για αυτά τα πρόσωπα η απαιτούμενη εκ του Νόμου ασφαλιστική κάλυψη από την Ασφαλιστική εταιρεία της επιλογής του, εις περίπτωση ατυχήματος. Είναι όμως αυτό αρκετό; Υπάρχει ευθύνη του Ιδιοκτήτη Οχήματος όταν αυτό ευρίσκεται στην κατοχή τρίτου προσώπου το οποίο είναι εξουσιοδοτημένος οδηγός δυνάμει του ασφαλιστήριου συμβολαίου, όταν το όχημα οδηγηθεί από άλλο πρόσωπο το οποίο δεν είναι εξουσιοδοτημένος οδηγός και...
Continue readingBlockchain is an online distributed system which can store data in a way that makes it extremely difficult to change or hack. A blockchain in essence is a digital ledger of transactions that is replicated and circulated across the network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and when a new transaction appears on the blockchain, a record of that transaction is added to every user’s digital ledger. The decentralised database operated by multiple users on the network is known as Distributed Ledger Technology (DLT). Blockchain is a form of DLT in...
Continue readingIntroduction Cyprus, as most countries globally, has been affected by the Coronavirus pandemic. Local economy and more specifically the Tourism Industry took a hit during the pandemic as it emerged just before the kick-off of the summer season. Fortunately, Cyprus’ proactive and strict measures that have been implemented from March until May 2020 led to the swift and effective control of the spread of the virus. In the wake of this pandemic, Cyprus showed that it has an efficient and reliable healthcare system and statistically, it has one of the lowest ratios of coronavirus cases per capita in Europe. The Cyprus government remains hopeful that with the relaxing...
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