# Invest

International Investment Schemes

Regulated by the Cyprus Securities and Exchange Commission

Service Overview

MiFID adoption in Cyprus

On 25 November 2007, Cyprus became compliant with the EU Directive known as MiFID (Markets in Financial Instruments Directive 2004/39/EC), which is aimed at harmonizing the operation and provision of investment services across Member States. A new law was passed in Cyprus – the Investment Services and Activities and Regulated Markets Law 144(1) 2007, which replaced the Investment Firm Law 2002.

Investment institutions are now obliged to provide their clients with more information with regard to their activities, products and transactions as well as warning them about any risks that the products that they offer might entail. Such companies must have measures protecting clients from any conflict of interest, risk management procedures and for the prevention of money laundering.

All enterprises involved in the activities and operation of regulated markets which deal with investment services must be licensed by the Cyprus Securities and Exchange Commission. A licence should be obtained by the company if it describes its services as one of the following: investment service, investment activity, regulated market, stock exchange, financial services, stock broking services, broker; any other similar words in different languages cannot be used without a licence.

The Cyprus Securities and Exchange Commission is entitled to issue separate directives if clarity is needed on the provisions of the law, for example, Directive DI 144-2007-01 (about the licensing and operation of investment companies) and Directive DI 144-2007-02 (professional competence of investment firms), Directive DI 144-2007-03 (submission of an application to grant or extend Cyprus Investment Firm authorisation), Directive DI 144-2007-04 (on the charges and annual fees of investment firms and the natural persons employed by them), DI 144-2007-05 (regarding capital adequacy), DI 144-2007-06 (regarding large exposures of CIFs), DI 144-2007-07 (market transparency requirements).

So thanks to the new law and directives, Cyprus is able to afford better protection to the interests of clients of investment service providers.

Our team monitors the latest trends emerging in the legislative sector of investment services and provides legal assistance in relation to all aspects of investment service provision, including the process of incorporating investment companies, contractual relations, dispute resolution and issues relating to the stock market.

Some of our cases in this area include:

  • Chiraco v. Aiantas Investment Company – Poor administration of share portfolio

What People Say About Us

Client Testimonials

We have been collaborating with Georgiades & Associates law firm for more than 25 years. The level of professionalism of its people and the quality of its services is just superb. We highly recommend this company to any interested party.

Christos Yiangou Managing Director
of BLC Business Links Consultancy Ltd

Georgiades & Associates work ethic and quality of service give me confidence, they are there by my side in every situation.

Costas Argyrides Managing Director
of LRG Enterprises Ltd - Ygia Natural Health

Georgiades & Associates are immensely helpful and effective, and I highly commend them for their services and dedication to their clients.

Anthony Ashiotis Managing Partner
of Anthony Ashiotis & Co

I highly recommend this law firm. The staff are professional and friendly, and the lawyers are top notch. In representing us, Yiannos and his team have shown enormous courage both inside and outside of the courtroom. They are compassionate, highly professional, organized and extremely attentive. If you are looking for an international full-service law firm for complex litigation, then I would look no further. Y. Georgiades & Associates are the firm for you.

Conor O'Dwyer Founder of beyondcontempt.com

I highly recommend the attorney law firm Y.Georgiades & Associates, and I guarantee you will look no further once you have used it. The office responds in a highly timely matter, in a very knowledgeable, and responsible way. There are no other attorneys that will work as hard for you. Highly recommended. Irene Tryfon

Irene Tryfon 10Hall the ARt House
(Venues for Events)

I was so lucky to meet Mr. Georgiades by coincidence at the right time and place! Since then, all my legal and domestic concerns to establish my new major telecom project in Cyprus were handled with care, professionalism at the highest standards. Beside that, Mr. Yiannos has an extensive experience and very large relationships with all levels in and outside Cyprus.

Marwan Tal Founder, Managing Director
of TALSAT

On a personal level I know Yiannos for more than 50 years and I have been working with him, his legal teams and firm for the last 5 years . Everything I know about Yiannos as an individual — his undeniable integrity, dedication, hard work and smarts— he managed to transfer to his business and legal teams.

Andreas Panayi Co-Founder, Kinisis Ventures Ltd. KV Fund Investment Advisory Committee. Entrepreneur. Investor. TKI Co-Founder

The best attorney in Cyprus! Diligent, precise and professional every single time. Couldn’t have asked for a better lawyer for my business!

Maria Solonos Singer/Songwriter.
Cartoon-Creator/Writer.

I have known Yiannos for more than 10 years exclusively as a good professional and decent person. He and his team have vast experience in solving various legal issues, and what I like is that your problem will be approached not only from a professional side, but also from a human side. For any questions in Cyprus and in the European Union only to Yiannos!

L D Lawyer

I have worked with Georgiades & Associates over many years on behalf of mutual clients requiring legal services in Cyprus. They provide a sound and very reliable service and are my go to lawyers in Cyprus

Nicholas Taylor Solicitor, Owner of Healys LLP

I dealt with a lot of law firms in my business over the years and I have to tell you that Y. Georgiades & Associates has hit all five traits I look for a law firm: compassion for their clients, willingness to listen, knowledge of the law, creativity and efficiency!!

Chris Droussiotis Senior Managing Director & Senior Partner, Kinisis Ventures. Columbia University Adjunct Professor.

Great team !!! Professionals in their field!!! And not only in Cyprus, but anywhere in the world Yiannos and his team can help, support and succeed!!! With Best respect and gratitude

Aleksey Smirnov Entertainer

A professional law firm. Highly recommended to anyone who needs legal service. It is very hard to find a lawyer these days to understand you and be next to you in difficult situations.

Stephanie Mina Entrepreneur

Very satisfied with the consulting and legal advice supplied. They have an excellent understanding and are always kind and helpful.

Minas Kiriakou Entrepreneur

Super professional and went well over and above to ensure everything was flawless and solid. Best part is that they are really great people. Highly recommended.

Maria Howard Entrepreneur

I have been working with the firm for many years and it provides a very personalised and professional service which is very rare these days. You are well looked after there!

Olga Balakleets CEO at Ensemble Productions, Founder/CEO
at Creative Women Platform

I had an amazing experience with this firm, their professionalism and manners are what they make them the best firm i have ever cooperated 🙂

Andrea Christodoulou Entrepreneur

I now Giannos for many years, professionally and socially and I can confirm that he is an amazing person and very professional in his work.

Pavlos Georgiades Founder and President
of the cyprus mountaineering and climbing federation

Professional Law Office from Nicosia which takes care for their clients with respect. Highly recommended !

Rafael Porzycki Director
at Creator Unlimited

Fantastic law firm. Great expertize, professional Team, top notch service

Aleksandra Rudis CEO
at Apella Games

A law firm of the utmost professionalism, courteous, attentive, dedication to clients interests and excellent representation.

Micheal Kourouklaris Entrepreneur

These are my lawyers for more than 20 years. I always give them five stars.

Andreas Aristodemou Entrepreneur

Friendly, approachable, excellent legal advisers, always ready to help.

Clare Andreou Founder of
Dance Works School of Ballet

Professional law firm! Excellent services!!

Mikaella Samara Entrepreneur

Very professional team!!! Always a pleasure to cooperate

Elizabeth Friedrich Director at
E.F. B.SPOKE ENTERTAINMENT LIMITED

Excellent service, always responsive and excellent results.

Costas Siamtanis Director -
BMA Cyprus Holiday Group Ltd

Great legal firm for business purposes

Alexander Papacosta CEO of Moi Ostrov Media Group

Very professional and prompt in their work!

Christina Shailas Founder
of Gear Education

I have been cooperating with this law firm for almost 6 years now. What stands out about them, is their professionalism combined with friendliness. I have found this team of lawyers quite approachable and welcoming, even in difficult incidents, or even in cases that they would have to direct me to someone else. They would always show care and attention and coming back to me. Well recommended.

Angela Panayiotou Innovation, Startup & Entrepreneurship Professional. Former Manager at IDEA Innovation Center, Bank of Cyprus. Board of Directors member at Invest Cyprus

    30 Years of Experience in Various Cases

    We know what it means to defend rights. We work with people, for people and strive to always seek justice.