Cyprus Courts & Arbitration

Cyprus Courts

The hierarchy of the courts in Cyprus is shown below with the Supreme Court at the top and first instance courts below:

The Judiciary has reputation of impartiality and independence; judicial independence is safeguarded by the Constitution.

Judges are members of the Judicial Service of the Republic. All judges except the judges of the Supreme Court are appointed by the Supreme Council of Judicature, a body composed of the Judges of the Supreme Court. This body is responsible for the appointment, promotion, transfer and discipline of judges.

Supreme Court Judges are appointed by the President of the Republic.

Lawyers are registered and regulated by the Cyprus Bar Association which has more than 2700 members. The Cyprus Bar Association was established in 1960 under the Advocates Law Chapter 2 and it has been operating since then.

Cyprus Arbitration

Cyprus is an attractive and respected jurisdiction for arbitration.

Arbitration is an alternative dispute resolution procedure which provides a quicker timeframe for resolving an issue.

In Cyprus, domestic arbitration is governed by the Arbitration Law Chap 4, which is similar to the English Arbitration Act 1950 and the country has also implemented the EU Mediation Directive into its domestic legislation.

Cyprus also applies The International Arbitration in Commercial Matters Law 101/1987 and UNCITRAL Model Law of 1985 and it is a party to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 which was ratified and implemented in Cyprus with the Law on the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (Ratification) 84/1979.

Recent Cypriot case law have leaned towards widening the scope of the Courts’ power to issue interim relief in arbitration proceedings which highlight the increasing trend of the Cyprus courts of extending their jurisdiction as to give priority to commercial needs.