Chrysostomides Advocates and Legal Consultants

Legal Services | Cyprus
tel: +357 22 777000 | fax: +357 22 779939
1 Lampousas Street | Nicosia | 1095 | Cyprus

Main Contacts

Offices

Nicosia, Cyprus

Overview

Chrysostomides is a leading independent Cyprus law firm. Taking our clients business personally, we strive for excellence in reaching quality, tailored legal solutions and building strong, long-lasting relationships. We combine a deep, multi-faceted knowledge of the law with a strong sense of professionalism in delivering results through effective team work.

Established in 1981, Chrysostomides grew into one of the largest law firms in Cyprus with a team of over 80 legal experts and paralegals, serving both local and international clients from our Nicosia and Limassol offices. Our work extends across a wide range of practice areas and industry sectors, in which we endeavour to stay at the forefront of developments to better understand clients' business and challenges.

Our clients range from multinational corporations to private companies and individuals from a variety of jurisdictions and backgrounds. Our effort is to focus on each client's specific requirements and circumstances to provide customised, comprehensive services and workable solutions.

The quality of our work has long been acknowledged and recognised by clients, who often recurrently seek our advice and support, and international legal directories alike, where Chrysostomides has been consistently ranked among the top firms in Cyprus for our main and key areas of practice. Our lawyers are also listed among the leading practitioners, according to their respective specialisation.

Demonstrating our commitment to the wider community at large, we undertake pro bono work and offer the same level of service to clients who find themselves in particularly challenging situations or to aspiring new entrepreneurs. Through this process, we gain invaluable experiences and job satisfaction, making us stronger and more accomplished leaders in our respective practice areas.

Year this Office was Established: 1981
Lawyers Worldwide: 40
Languages: Greek, English, French, German, Russian

Notable

Areas of Practice

Professionals

Senior Partners

Eleni K. Chrysostomides

Eleni K. Chrysostomides

Senior Partner
George  Mountis

George Mountis

Co-Managing Partner
Chryso  Pitsilli-Dekatris

Chryso Pitsilli-Dekatris

Co-Managing Partner

Senior Associates

Artemis Amalia  Metaxa

Artemis Amalia Metaxa

Senior Associate
Marilena  Miltiadou

Marilena Miltiadou

Senior Associate
Pavlos  Mundis

Pavlos Mundis

Senior Associates
Elena  Panayiotou

Elena Panayiotou

Senior Associate
Niovi  Petridou

Niovi Petridou

Senior Associates
Ioanna  Sapidou

Ioanna Sapidou

Senior Associate
Eleni  Shiarly

Eleni Shiarly

Senior Associate
Tassos  Stylianou

Tassos Stylianou

Senior Associate

Associates

Articles

NFTs as Cryptoassets: The Next Dot-com Bubble?

The late 1990s to early 2000s were a time when the internet – still in its infancy – was akin to the wild-west; new, uncharted, and rapidly growing in usage and adoption. The accompanying excitement over this new technology fuelled a stock market bubble caused by untenable speculation on dot-com companies. The bubble finally burst in March of 2000, resulting in the NASDAQ ‘falling by more than 75 percent between March 2000 and October 2002, thus wiping out more than $5 trillion [USD] in market value...

Cyprus and Crypto Asset Regulation: CYSEC’s CASP Directive

In an article published earlier this year, we discussed how the Prevention and Suppression of Money Laundering and Terrorist Financing Law, L.188(I)/2007 (the “AML Law”) was amended in order to harmonise domestic legislation with the 4th and 5th AML Directives (Directives (EU) 2015/849 and 2018/843 and how it introduced, for the first time, provision for the registration of Crypto-Asset Service Providers (“CASPS”). The Cyprus Securities and Exchange Commission (“CYSEC”) was designated as the relevant competent supervisory authority and was given powers to regulate through the issue of Directives...

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Press

Leading Tier 1 rankings for our firm in The Legal 500 EMEA 2022

We are thrilled and immensely proud to announce that our firm has maintained its leading position in the Cyprus legal market, having achieved leading Top Tier rankings in the 2022 edition of The Legal 500 EMEA for all the areas of law it is listed in: Banking and finance Commercial, corporate and M&A Dispute resolution Employment EU and competition Intellectual property Tax The Legal 500 EMEA also recognises a significant number of the firm’s partners and senior associates, who are listed among Cyprus’ Leading Individuals, Rising Stars and Next Generation Partners in their respective areas of expertise: Eleni Chrysostomides – Intellectual Property Chryso Pitsilli-Dekatris – B

Our firm advises on the first ever IPO of an overseas incorporated company to list exclusively on the Moscow Stock Exchange

Chrysostomides Advocates & Legal Consultants has advised on the USD 500 million Initial Public Offering of United Medical Group CY PLC, Russia’s leading multidisciplinary premium-class healthcare services provider operating under the European Medical Center brand, on the Moscow Stock Exchange. The secondary sale consisted of USD 500 million of GDRs sold by United Medical Group’s owners, including majority shareholders Igor Shilov, Egor Kulkov and Roman Abramovich. The transaction is the largest IPO of medical clinics in Eastern Europe to-date, and is believed to have paved the way for more overseas incorporated companies to sell equity instruments on the Moscow Stock Exchange...

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