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← 🇨🇾 Vouli ton Antiprosopon/ΝΌΜΟΣ71998L0026CYP_248364

O περί του Αμετάκλητου του Διακανονισμού στα Συστήματα Πληρωμών και στα Συστήματα Διακανονισμού Αξιογράφων (Τροποποιητικός) Νόμος του 2017.

Stage enactedUpdated 3d ago

This legislative act updates the rules regarding the irrevocability of settlement in payment and securities settlement systems. It aims to ensure legal certainty and stability in financial transactions by protecting the finality of payments. This law primarily affects financial institutions, clearing houses, and payment service providers operating within Cyprus, ensuring that settled transactions cannot be revoked.