News archive

Homeoffice is on the rise … and so are Cyberattacks!

A recent study on flexible working has shown a new rise in the acceptance and permanent use of home office and remote working At the same time, the current report of German Bitkom e.V on threats to the economy shows an increase in cyber threats to companies, foremost from Russia and China in the wake of Russia’s attack on Ukraine. Especially noteworthy: Attacks now increasingly target communications and customer data. While rules on home office may allow for employees to be obliged to take care of their home office infrastructure’s security, the employer nevertheless remains responsible for overall compliance. This includes data protection and cyber security according to the GDPR and other rules. Thus, unless your company is operating in one of the (thankfully few) countries not taking offense at Russian aggression against Ukraine, it is highly advisable that you ascertain the efficiency of your its security. And make sure that remote working is tightly integrated, rather than an afterthought. Lest one finds their data privacy no longer private and the personal data of employees, clients and partners in the wrong hands. Study “Flexible Working” (German): https://lnkd.in/dU3mAjZPReport “Wirtschaftsschutz 2022” (German): https://lnkd.in/dbfZCe4Z

Additional work: clarifies the contractor’s duty to warn

Under the law, contractors are obliged to warn their client of additional costs arising from an addition or change desired by a client. If a contractor does not do so, he is not entitled to reimbursement of these costs, unless the contracting authority should have understood the need to increase the price of these costs on its own. Nevertheless, there is an exception to this rule, according to a recent ruling by the Supreme Court https://kennis.bierman.nl/blog/meerwerk-de-waarschuwingsplicht-van-de-aannemer-verduidelijkt

Value of company in the event of divorce: how do I determine it?

In the event of a divorce, a lot comes to you. Where do the children go? Who gets the house? Is spousal maintenance an issue? For an entrepreneur who is getting divorced, there is often a question: how do I determine the value of my company in the event of a divorce? In this article Marith Vos tells you more about this. https://kennis.bierman.nl/blog/waarde-bedrijf-bij-scheiding-hoe-bepaal-ik-die?utm_campaign=Scheiden%20met%20een%20eigen%20bedrijf&utm_content=222334747&utm_medium=social&utm_source=linkedin&hss_channel=lcp-112046

The CyTBOR

Did you know that on 13th of May 2022, the Cyprus Securities and Exchange Commission announced the launch of the online platform for the Cyprus beneficial ownership register of express trusts and other similar arrangements?

Newly enacted anti-corruption law

The enactment of the Law on the Establishment and Operation of an Independent Authority Against Corruption, is fairly considered as an important development in the fight against corruption and the promotion of transparency, accountability, prevention of conflict of interest and good governance in all sectors within the socio-political scene in

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