Banking & Private Clients

The Central Bank of Cyprus plays a vital role in safeguarding the stability and integrity of the financial system, ensuring public confidence and fostering sustainable economic growth. Through a robust framework of regulation and supervision, the Central Bank issues banking licenses and monitors financial institutions to mitigate systemic risk, protect depositors, and uphold the soundness of the banking sector. Its supervisory practices are closely aligned with the guidelines of the Basel Committee on Banking Supervision and the evolving directives of the European Union, ensuring that the Cypriot banking system remains resilient, transparent, and globally compliant.In this dynamic regulatory environment, our law firm offers tailored legal support and strategic guidance to both individual and corporate clients seeking to navigate the complexities of the banking and financial sectors.

Our Banking Services

Our Banking and Finance team combines in-depth local expertise with international experience to provide seamless legal support across all aspects of banking law. We advise major domestic and international banks, financial institutions, lenders, and borrowers on a broad spectrum of legal, transactional, and regulatory matters, including:

• Opening, administration, and maintenance of bank accounts (personal or corporate) in Cyprus and abroad
• Facilitating communication and coordination between clients and banking institutions
• Assistance with bank transfers, signatory changes, and transactional support
• Assistance with the closure of banking relationships and account wind-down procedures
• Legal opinions and advice on corporate standing, loan and security transactions, and refinancing of company debt
• Comprehensive due diligence and documentation review for banking and finance transactions
• Guidance on regulatory compliance under Cyprus and EU banking frameworks