Banks, Insurance & Financial Services

We routinely advise banks, financial institutions, investment firms, UCITS, alternative investment funds, asset managers, alternative investment fund managers, insurance companies and large corporate clients across a wide range of matters.

Our specialised team has significant experience in structuring, negotiating and restructuring all forms of banking and credit-structured finance, project finance, asset-backed finance and securitisation involving Cyprus corporate vehicles acting for either banks or funds or obligors. In each case we try to offer all-encompassing services and tailored solutions to deal with the complexities and particularities of each client matter.

Our lawyers are well versed in and keep abreast of developments in banking and financial regulation. They advise on the compliance of new or existing banking products and payment solutions with current legislation; on banking regulatory and licensing requirements; on bankers’ custodian agreements, ISDA agreements and related products; asset preservation and security enforcement and procedures. In this respect, the firm has extensive experience in drafting or modifying agreements or other instruments used by banks in their operations, to ensure that they comply with current legislation and regulations.

Banking and finance dispute resolution encompasses the management of all conflicts relating to the validity and execution of banking and financial operations. Our team’s litigators deal with all stages of a conflict, from risk assessment, to the management of a crisis, settlement of conflicts and related court proceedings. Debt collection and security enforcement cases are part of our everyday work and include attaining judgments, freezing or other interlocutory orders and taking the necessary enforcement or execution measures to collect the debt.

Over the years we have acted for local and overseas insurance companies or investors in insurance enterprises and offered advice ranging from insurance regulation and compliance, including passporting of services and intermediation, shareholding acquisition or disposal and sale of subsidiaries while at the same time utilising our corporate, M&A and competition expertise.

Similarly, we have a number of clients in the financial services industry and we provide a number of related services ranging from all aspects of regulatory compliance and advice, assisting with the setting- up and licencing of local investment firms, AIFs, UCITS, alternative investment fund managers, as well as, dealing with corporate, financing and M&A transactions relating to clients in this sector.

Our clients include USB Bank, BLC Bank, Investec Bank, J&T Banka, Silicon Valley Bank, Barclays Bank PLC, Societe Generale Bank – Cyprus Limited, RCB Bank Ltd, EBRD, ING Bank N.V., Astrobank, AS Expobank, Trading Point of Financial Instruments Ltd, Investment Capital Ukraine.