Financings

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Covid-19: Overview on moratoria

This briefing looks at the following measures country by country: Are measures that provide for (1) a deferral of payments and/or (2) a freeze on enforcement (each, a “Moratorium”) in place / planned? Is the Moratorium (quasi-) voluntary or imposed by an authority / regulator? Does the Moratorium apply to local creditors only or does […]

Covid-19 and AGMs for Jersey public companies

The Government of Jersey implemented new measures on 30 March 2020 that, amongst other things, restrict public gatherings to no more than two people. These measures largely reflect similar restrictive measures implemented by the UK Government on 26 March 2020 (Stay at Home Measures). In light of the introduction of the Stay at Home Measures, […]

Sanctions in Cyprus

Our Senior Associate Dr. Panagiotis Tsangaris contributed the Cyprus chapter in the book Sanctions in Europe published by WorldECR. The book examines the national regime implementing sanctions and restrictive measures in each EU Member State, including the responsible agencies, the conduct of investigations, the grant of licences, the domestic record of sanctions investigation and enforcement.

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The Treasury of the Republic and Ministry of Finance issued a joint statement on the impact of the COVID-19 epidemic on public procurements. This notice states that the current situation caused by the spread of the COVID-19 is considered to be a cause of force majeure, for which there is a relevant provision in the […]

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