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Posted in News, News for Cyprus, News for Greece, TELECOMMUNICATIONS, MEDIA & TECHNOLOGY (TMT) PRACTICE
ChatGPT and Employees
ChatGPT (Chatbot as a Generative Pretrained Transformer), the most prominent current example of Generative Artificial Intelligence (AI), is an artificially intelligent chatbot designed by “OpenAI” and supported by Microsoft. Although ChatGPT has received very positive reviews and has been described as “the best artificial intelligence …
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Posted in News, News for Cyprus
Transition from TAXISnet to TFA – Stage 1
The Commissioner of Taxation issued an alert on 17 March 2023, informing the public of the commencement of the first stage of the new platform Tax For ALL (TFA), on 27 March 2023. Through its alert, the Commissioner informs…
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France’s data protection authority fined Discord for various GDPR violations
The French Data Protection Authority (“CNIL”) has issued a decision fining the owner of the messaging and digital distribution platform Discord €800.000 for non-compliance with GDPR requirements on retention periods and the security of personal data.
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Data Protection Day
On 26 April 2006, the Council of Europe decided to launch a Data Protection Day to be celebrated each year on 28 January, the date on which the Council of Europe’s data protection convention, known as “Convention 108”, was opened for signature.
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Posted in News, News for Cyprus
Back-to-Back financing arrangements retroactively terminated
The Commissioner of Taxation issued Circular 1/2023, which states that the provisions relating to “back-to-back” financing arrangements are retroactively terminated as of 31 December 2021. Based on the above, the application of the simplification measures on the intra-group “back-to-back”…
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Posted in News for Cyprus, News for Greece, TAX LAW PRACTICE
R&D Incentives Reference Guide
Activities related to research, development, and innovation (R&D&I) are crucial for enterprises. A large proportion of corporations is engaged in research, development, and innovation (R&D&I) activities since an innovative approach is inevitable for long-term success. However, most of them are unfamiliar with the concept of R&D…
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The M&A market in Europe: 2022 and expectations
In 2021, the mergers and acquisitions (M&A) market in Europe exceeded all expectations, setting a record that will be hard to beat.The circumstances were indeed favorable: after a pandemic in which the economy suffered an unexpected halt, factors such as economic growth due
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Irish Data Protection Commissioner fines Instagram €405m for violating children’s privacy
The Irish Data Protection Commissioner has announced a conclusion to an inquiry into Meta Platforms Ireland Limited (Instagram) imposing a fine of €405 million and a range of corrective measures.
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Posted in News, News for Cyprus, News for Greece
Andersen Global Country Guides Microsite
We are pleased to announce the launch of the Andersen Global Country Guides microsite featuring Doing Business In and Tear Sheet summaries for different countries where we have a presence.
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Posted in News, News for Cyprus, News for Greece
The Andersen Legal Briefing: Volume 2
The second issue of the Andersen Legal Magazine, “The Andersen Legal Briefing” is now available online. Our team of passionate professionals sheds light on the most interesting news and legal developments. In this issue, …
