Tornaritis Law Firm Technology & E-Commerce Department offer computer law and information technology advice in Information and Technology issues. Using the best IT advisers with many years of experience and knowledge of local and international laws, in relation to e-commerce and IT issues as well as the creation and enforcement of intellectual property rights advising clients who are exploiting new technologies.
We act as consultants to Credit Bureaus furthermore we advice companies on the full turnkey projects including Credit Bureaus in Romania, Bulgaria and Cyprus.
Tornaritis Law Firm represents providers and consumers of software and hardware alike, and provides clients with assistance in various matters such as:
Electronic Money Institution in Cyprus
The new e-money regulatory law affects not only e-money issuers but also, for the first time, intermediaries of e-money issuers involved in the distribution or redemption of e-money.
A kiosk or supermarket operator which sells or charges pre-paid cards for an e-money issuer will be classified as an ‘e-money agent’. Under the new law, these intermediaries are subject to a regulatory regime of their own.
Visit EmoneyCyprus.com to learn more