13 JUL 11

Updating of the International Trusts Law of 1992 - giving Cyprus an international trusts law for the twenty-first century

Throughout the firm's existence Andreas Neocleous & Co LLC has helped shape Cyprus's transparent and robust legal system, and promote the island as a leading international business centre offering the highest standards of integrity with smart regulation. The firm is now at the forefront of an initiative to update Cyprus's International Trusts Law, which dates back to 1992.  Trusts & Trustees, the leading specialist journal for the trusts sector, recently published an article by Elias Neocleous and Toby Graham, the editor of Trusts and Trustees, outlining the proposed changes. To view the article click here.

The proposed changes to the law will considerably increase the investment options for trustees and remove a number of restrictions which are no longer required, making Cyprus one of the most attractive trust jurisdictions in the world.

Please contact Elias Neocleous at eliasn@neocleous.com if you would like to receive more information.