Tuesday, January 28, 2025

Standard post published to PN Kourtellos & Associates LLC at January 28, 2025 16:01



Cyprus, a former British colony until 1960, gained independence and maintained much of the English legal system. Cyprus, which was once a British colony until its independence in 1960, preserved many elements of the English legal system. The current legal framework is rooted in several sources: the Constitution of the Republic of Cyprus, laws retained by Article 188 of the Constitution, common law and equity principles, and laws enacted by the House of Representatives. Today, Cyprus' legal system is based on various sources including the Constitution, laws retained under Article 188, common law principles, and those passed by the House of Representatives. Cyprus' accession to the European Union in 2004 introduced significant changes.
Major changes were made after Cyprus joined the European Union in 2004. The Constitution was amended to establish the supremacy of European law over both national legislation and the Constitution. Amendments to the Constitution made European law take precedence over national laws. This amendment, enacted in 2006, added Article 1(A), ensuring that no constitutional provision could override binding European Union laws, regulations, or directives. By 2006, Article 1(A) was added to the Constitution, ensuring no constitutional clause could overrule EU laws or directives.

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Standard post published to PN Kourtellos & Associates LLC at January 29, 2025 16:00

Our firm collaborates with prominent clients, like regulatory bodies like the Central Bank of Cyprus, the Credit Institutions Resolution A...