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Advised an electronic money institution in Cyprus on intra-group service arrangements with its UK shareholder, focusing on transfer pricing compliance. This included assessing the appropriate characterisation of services, allocation of costs and mark-ups, and alignment with the arm’s length principle under OECD and local rules.

Provided legal advice on the regulatory aspects of establishing an online gaming business in Cyprus offering loot-box services. This included analysing the legal classification of such services, assessing potential gambling implications, and advising on compliance with consumer protection laws and cross-border regulatory risks.

Provided a legal opinion on the applicability of EU sanctions in relation to a cross-border share purchase transaction involving a Cyprus entity. This included analysing ownership structures, reviewing relevant EU regulations, assessing potential legal and financial risks. The advice highlights Stephanos’ expertise in complex international and geopolitical legal issues. It ensured full compliance with EU sanctions, safeguarded against regulatory and reputational risks, and facilitated a smooth transaction.

Assisted a leading medical research and academic institution with specialised projects, such as preparing a consortium agreement for a multi-party research initiative, incorporating data protection and intellectual property considerations.

Advised on an application to the Central Bank of Cyprus for a license to operate as an electronic money institution, preparing required policies and engaging with the regulators. The EMI was granted a license within 14 months, which is much sooner than the normal timeframe.

Representation in a high-value acquisition of an industrial commercial building, involving complex regulatory approvals and engagement with public authorities. The transaction valued at approximately EUR 10.4 million is considered significant due to its complexity and its status as one of the largest deals handled by the local authorities in recent years.

Successful representation in the acquisition of a Cyprus-based trading company, involving comprehensive legal due diligence and intellectual property review. The transaction was of particular significance to the client as it supported its strategic expansion into the food sector and the strengthening of its market presence in Cyprus.

Advised on the acquisition of a prime central plot in Limassol, conducting full legal due diligence on the property and sellers. The site is a former major sports facility being redeveloped into modern flexible office space. The project is significant given strong demand and limited supply of quality workspace in Limassol and reflects a substantial foreign investment with potential to drive innovation and create new employment opportunities in Cyprus.